Without trading knowledge, Nobody is safe on crypto trading. But as a newbie trader top altcoins are a little safer. Because top altcoins are popular and trustable cryptocurrency and with minimum knowledge, anyone can trade with it. Altcoin trading is very risky and most of the altcoins are so much volatile. So newbie will be lost their maximum asset If they trade such kind of altcoin. Top altcoins recover their price after a time but if most of the low-quality coin prices once decrease, then they do not recover their price. So Newbies are safer with top altcoins than other altcoins. But to take a trade, everyone should know about some common knowledge.
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WRX is a good project and In their whitepaper, They have a strong future plan. The price of WRX is also quite stable and Trading volume also good. Gradually it makes its position stronger in coinmarketcap and people are thinking about WRX. But BNB is a more popular cryptocurrency than WRX. People gain more by trading and holding BNB. BNB is a very potential and exchanger based cryptocurrency. In the current situation, it is really unfair to say that WRX is next BNB. So we can watch both of the altcoins to make our trading profit.
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It is true that the coronavirus has damaged the economy of most countries in the world, including China. But china controlled this pandemic quite successfully than others and started their economic activities. China is a strong economic country but It can not rule the whole world suddenly. Because those countries who control the world economy recent day they do not want to China dominate the world economy overnight. There is also many trade war between China and other developed countries. So it can be possible that China will rule the world as an economy king after a long time but not recently.
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Ethereum and BNB are both popular cryptocurrency near the crypto trader. You can trust both of them. But I consider Ethereum more than BNB. Because Ethereum is a very popular cryptocurrency and it made a strong position in the cryptocurrency world. On the other hand, BNB is an exchanger based currency and its progress depends on the exchanger. So any incident like a hack or lack of liquidity and traders can prevent the coin progress. So If you think for long term investment, then Your first choice should be Ethereum.
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You have a reason for thinking about this. But people are very aware of the present time. And Bitcoin is a much more important thing to people than in the past. People have chosen Bitcoin as a source of livelihood and They use it very consciously. Those with many Bitcoins can save it for their family. Anything can happen in our life so we should be prepared and save our assets for the family. Yet if some Bitcoins are accidentally destroyed, it adds to bitcoin prices. Which makes it more acceptable to people and also make people more careful. We must trust someone from within the family and we have to tell him or her how he/she can get those Bitcoins after our death.
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If you mean a crypto exchanger, Then I use many exchangers for crypto trading. But I especially use some exchanger and I recommend them because they have good liquidity, proper trading volume, high-security system and also a low trading fee. I use Kucoin, Binance, Whitebit, Consbit, and Okex. Those exchanges are good for trading and also a good trading view.
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To become a professional trader, You need to learn about quality trading. You need to collect all information about trading and apply them to your demo trading. Select a trading strategy and learn it very carefully. Information is an important element for a good trade. So you should learn how to use the right information at the right time. Make himself patient and follow the market trend and also all-important news about trade-related. In this way, you gradually make yourself for a good trade.
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It can be possible that Ethereum will big pump very soon. Ethereum already started the pump and it moves slowly. I think it will reach a recent previous hight and after that, if it will break out recent previous hight, then it will a big pump. So we can expect it until any unexpected issue occurs. The recent market trend makes us really hopeful about the Ethereum pump and let's see what happens in near future.
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Buyback is a technique to develop the project but the only buyback can not increase the value of cryptocurrency. To increase the value of cryptocurrency, there is a need for an active hardworking team, a realistic development plan. Buyback really helps to prevent sudden price drops and make the project more trustable. It can increase the value of cryptocurrency for some time but not permanently.
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It is very difficult to say what will exactly happen in the future on the cryptocurrency. Many people give their analysis of the cryptocurrency all the time. Ethereum price is growing slowly last few weeks and It is a positive sign for it. The market is now a positive move and it is better to avoid the negative analysis. I expect that the Ethereum price will not decrease less than 80$ again.
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