What people often don‘t realize, when you are trading you compete with the rest of the market, and if you are relatively new to the game this means that you are competing with people that have lot‘s of more experience in this. Buy low and sell high sounds easy in theory, but in reality it can be very difficult
Don't just buy to try to get rich quick..
Buy coins of a project you believe in, do research and pick one or 2 projects.
Good point and that is also what I am trying to do, but I notice it is easy to get superficial information but few talk aboit what‘s going on under the hood. For instance I rarely read in discussions what makes Zilliqa stand out compared to other high speed or next gen blockchains.
Zilliqa comes out of an R&D project by the University of Singapore based on the technical whitepaper.
That research into the implementation of the whitepaper evolved into the Zilliqa blockchain.
Zilliqa features near linear scaling where each new node that joins the network increases the blockchain’s TPS.
In layman’s terms, the more nodes that join the network, the faster the network runs. This is a unique approach in that most blockchains decrease in speed as the number of nodes increase. Zilliqa gets faster.
Unlike many blockchain projects that are only a promise, Zilliqa has already implemented sharding and has a working testnet.
In their most recent experiment on the testnet, Zilliqa achieved 2500 TPS with 3600 nodes on the network..
To estimate how many Transactions Per Second (TPS) you’ll need, you need a good yardstick to measure against. A good yardstick to aim for, at least for an enterprise application, would be reaching TPS of the VISA network, which is a global network.
VISA’s network handles between 2500 TPS to 5000 TPS, However, they do scale up to 60,000 TPS if needed (Christmas).
Ethereum currently supports transaction speeds of about 15 TPS
That's what makes Zilliqa such a promising project..
If they can bring the 2500 TPS to their mainnet this will be huge.
