But, it was successful and I continue to manage for another successful transfer. I just notice something the transfer fees cost almost 4 USD was it normal transaction fee?
The Ethereum blockchain has been quite congested lately hence the quite-high fees. Funnily enough, bitcoin has had cheaper fees since the past month.
ETH network seem better to understand than bitcoin blockchain network.
It's actually the total opposite. Bitcoin is far simpler to understand simply because, well, it's a lot simpler! Ethereum is trying to be a lot of things at a time that it's a huge mess.
Bitcoin is at higher price and too risky to get involved after seeing its graph which has been to almost flat 3k usd.
Yeap, and it's not impossible for something similar to happen again. That's why when investing in speculative assets such as bitcoin, you need to control your risk. In general, it's better for an inexperienced investor to risk an amount of money that would sting just a bit when that asset's price crashes, but at the same time that you didn't risk so much money that you'd be homeless.
And lastly, in my opinion, don't delve too much into "cryptocurrency" in general as you're going to find a lot of crap in it. Here are some BETTER topics(in my opinion, of course) that you should delve into:
- Internet security
- Internet privacy
- Finance and Investing in general
And yes, I didn't even mention Bitcoin in the short list because I think these things are far more important to learn first.
You are very currect to me what every newbie needs is to learn how the internet security works and how to protect your self from scammer and hackers so you founds will not be stolen and at the end having a bad experience about cryptocurrency. And again i will advice you stick to the bitcoin network for now since the ethereum network is highly congested at the moment.
