Latest posts of: Ngewex Yuk

As investors we must be able to detail to know the performance of the coins we buy, investing with small values is a good start to learn and make big decisions one day, for now the tools that I think are good and always updated are the portfolios on coinmarketcap, because history always appears and easy to use.

Shiba Inu's continuous performance has led many exchanges to add Shiba Inu to their pairs, this is a natural and good business reason because Shiba Inu is currently trending, and I believe the great potential of Shiba Inu will continue to occur.

I have a lot of tokens in ERC20, expensive transaction fees make it impossible for me to send tokens to the market, this is a serious problem for blockchain, if you want to survive and be able to compete with BSC or Polygon then transaction fees must be competitive.

Many techniques are used by fraudsters to steal our money, the best thing to avoid scams is to store cryptocurrencies in exchanges that implement KYC and activate 2FA which will create a high level of security by activating Google authenticator, so all transactions that occur must be verified with the pin provided by Google .

With bitcoin then all control is in hand, if we want to send large amounts of money then we need the services of a bank, this is what makes us too dependent on banks, at a cost of $ 8 we can send bitcoins in the amount of $ 10 or $ 10 billion or whatever the value because of control full is in the user.

Quote from: syedakhlaque on October 23, 2021, 06:43:11 AM

Many factors affect bitcoin value.
i) The Internation economic & political condition. If both show stability its value will rise.
ii) The legal development process of Bitcoin also affects bitcoin its value as the Russian Govt legalizes it. Then there was development in its value.
iii)Some epidemic diseases like Covid-19 also fell an effect on its value.
iv)The purchasing or sale on large scale also rises or falls its value.
v) Some good or bad news also fell effect on its value.
There may be some other causes like Gold price or stock market collapse etc.

There is no exact price benchmark for bitcoin, the law of the market is stock and demand that shape the price, currently the community and active bitcoin users continue to increase while the stock is very limited so that the price skyrockets, maybe one day bitcoin will be valued with a definite value such as gold or stocks.

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