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crypto currency is not my only job, it can even be said that crypto currency is just my part-time job, I have a permanent job and get a salary every month but with this cryptocurrency through trading and bounty programs I can increase my savings even sometimes the result of this cryptocurrency is much bigger than my regular job, obviously crypto currency changed my life much better.
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I think BSC remains the best because BSC can achieve a block processing time of 3 seconds by using something called Proof of Staked Authority (PoSA), where participants stake BNB to become validators. Importantly, there is no subsidy for newly minted BNB as BNB is not inflationary and its supply decreases over time as Binance regularly "coins burn"
While Polygon currently only supports Ethereum bases, the network intends to expand support for additional bases, based on community suggestions and consensus. This will make Polygon an interoperable decentralized Layer 2 blockchain platform.
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In my opinion, ETH's toughest rival is Binance Smart Chain (BSC) because it is a hard fork of the Go Ethereum (Geth) protocol and thus has many similarities to the Ethereum blockchain. However, the BSC developers have made significant changes in several key areas. The biggest change is the BSC consensus mechanism, which allows for cheaper and faster transactions.
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BSC and Ethereum both use a gas model for transaction fees that measures the complexity of a transaction. BSC users set gas prices according to network demand and miners will prioritize transactions with higher gas prices. However, the London Ethereum hard fork brings some new modifications that will likely remove the need for high fees, and I think BSC should be concerned about this as everyone will flock back to ETH.
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It can be said that this activity actually provides quite a lot of benefits. If you are staking coins then you can get passive income without having to continuously mining or even trading on the crypto assets that you have. Staking coins is also known as a type of activity that has less risk when compared to trading or mining.
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DOGE is one of the most popular cryptocurrencies at the beginning of this year. Although relatively new, Dogecoin is now able to compete with big names in the crypto market, such as Bitcoin and Ethereum. One of the reinforcing factors is Tesla CEO Elon Musk. In his Twitter account a few days ago, Elon Musk said Dogecoin is his favorite cryptocurrency.
and recently the Tesla founder admitted that he would name his Shiba Inu with the name Floki, this was conveyed through his tweet a few days ago, and the coin immediately skyrocketed.
from the statement above that the two coins are very dependent on elon musk in my opinion without him these two coins are just a joke.
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When I first entered the crypto world, I always panicked when prices fell but this is normal. When crypto prices go down, it's best not to panic and don't check the value of the investment constantly.
One of the things he does during market turmoil is avoid checking his own investments. Because this can trigger the emergence of momentary emotions that lead to making wrong decisions. Always remember that volatility will always be there, especially considering that crypto currencies are indeed high risk. As long as the decline doesn't hinder other financial goals and the portion is no more than 5% of the overall portfolio, you can sit back and wait for the price to rebound.
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Formerly SHIB was a community driven project based on the Shiba Inu dog meme whose main popularity was driven by social media. Dubbed the “Dogecoin killer” because the project site claims it “can stay well under a penny and can outperform Dogecoin in no time, without a centralized team, without funding, and without direct leadership. In addition to a statement from Elon Musk the price of the Dogecoin token has floundered over the past seven days, meme-coin rival Shiba Inu (SHIB) has climbed the rankings in terms of weekly profits.
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it is true that one form of crypto financial system that provides convenience without enormous risk and is currently trending among crypto investors is DeFi.
DeFi itself is an open financial system run by smart contracts that is currently used by the Ethereum cryptocurrency platform, one of the best cryptocurrencies after bitcoin. The existence of this smart contract can make it easy for crypto money users to carry out transactions and investments without having to be intermediaries, in other words DeFi is good but I think Alts is a little above it.
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I agree with you because buying and selling crypto assets can be said to be more difficult than traditional assets and stocks. Because of the high volatility and risk involved. So it takes proper planning and execution in order to gain profits.
Having a detailed trading plan or trading plan even before making a trade is very important. Because it can help avoid psychological factors such as emotions or logical fallacies that can affect trading performance. That way, it can be ensured that decisions are not made in the heat of asset movement.
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In my opinion, the biggest enemy of crypto trading is not yourself. Greed often makes people forget the land. When they feel profit, they immediately buy or sell without doing analysis. And finally lost.
Therefore, learning to trade crypto is actually how to learn not to be greedy but indeed Cryptocurrency is for investment. It's called a long term investment. So, don't rush to sell when the price goes up. Do not rush to buy if the price drops. Determine carefully because this is not for the short term but long term.
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The Basic Attention Token is unique because it is a payment token for running advertising campaigns through Brave Ads. As of November 2020, advertisers must commit to a minimum advertising spend of $2,500 per month to be able to launch their campaigns, but a potentially lower-limit self-service platform is currently in the works.
Currently, this advertising budget must be paid in full with Basic Attention Tokens, which advertisers can obtain from various third-party exchange platforms. From here, Brave takes a small commission, and the rest is distributed to publishers and users, so people prefer this, with small commissions but many people preferring large commissions but less demand.
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I think this september I prefer cardono over polkadots because the skyrocketing price of cardano to an all-time high happened because the founder announced that the smart contract functionality on cardano has been activated on the test network, a test blockchain network that brings one step closer to competition with the Ethereum blockchain.
Meanwhile, the next option is the digital coin solana, this has also been no less interesting in the last few days. Solana also managed to dominate the crypto market throughout August. The price is also spelled out has shot up three times.
Solana is becoming more and more interesting as investors speculate about the rapid growth in the “Smart Contract” blockchain that might one day rival Ethereum.
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The cryptocurrency Litecoin is up more than 140% in 2020. In 2021, LTC showed very fast growth until May. however, due to some external factors, the situation changed significantly. The price of Litecoin has been through a lot since its launch and has been very volatile, up and down.
This contributed to a significant rise in price before a minor correction occurred. This price correction did nothing to counter Litecoin's strong price trajectory. As for Litecoin's long-term predictions, the outlook suggests that Litecoin has potential.
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precisely with the covid-19 pandemic, investors trying to get into the crypto world made the value of this digital currency soar, because this investment does not require face-to-face, and is safe when the pandemic is still proven Before the pandemic the price of Bitcoin was around $7,000, after the pandemic rose drastically to $60,000 .
The increase in crypto prices is influenced by the supply and demand process. Meanwhile, stock investments such as mutual funds and others are affected by the economic downturn due to the pandemic.
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I'm actually getting fed up with Tesla CEO Elon Musk. That's why I want to ask Musk to stop tweeting about Bitcoin, Dogecoin and other cryptocurrencies and focus more on developing electric cars that he runs to make the world of transportation more environmentally friendly.
I wonder why just an unreasonable tweet can have such a big impact on rocking cryptocurrencies. The reason is, due to Musk's actions, people are blind and even lose a lot of money.
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indeed cryptocurrency investment can be started since the new coin performs an ICO (Initial Coin Offering) because it has a great opportunity to gain multiple profits. But it must be remembered that ICOs are also full of risks, because many developers just want to make a momentary profit, so the ICO ends in a scam. I suggest you to study the movement patterns of trusted developers and assess whether the ICO is an opportunity and how big the opportunity is, or is it just a scam, it can reduce the risk.
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When checking Bitcoin prices, you need to keep in mind that there is no specific global Bitcoin price standard. Bitcoin is not tied to any currency, country or exchange. The question is the same as if you were asking: “Why is bread more expensive in this supermarket, or in this city/country compared to other countries?”. The short but precise answer is “because of supply and demand”. and maybe the transfer fee in South Korea is more expensive than other countries, I haven't tried it but this is my opinion.
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if dodgecoin is legalized by the country for payment for urban housing units, the value of dodgecoin will grow rapidly, positively people will move from ordinary currency to digital currency including dodgecoin, but the negative impact of the value of the country's ordinary currency will decrease.
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