⛔⚠️The problem of recommendations that lose a lot of beginners. How do you deal with it? ■ If you apply every recommendation you see, you will lose even if the recommendations are from the greatest analysts, so the least you should do is the following 1. Research and verification: Before following any recommendation, make sure that the source is reliable and reliable. Read other reviews and ratings of the recommendation. 2. Diversity: Do not trust only one recommendation. Try to get information from multiple sources to get a broader picture. 3. Self-analysis: Ask yourself: Does this recommendation fit your goals and level of ability? 4. Move cautiously: Do not invest all your money in one recommendation. Start with small amounts to evaluate performance before investing big. 5. Periodic update: The digital market is changing rapidly. Make sure you follow the news and new developments to maintain your strategy.
8:15 AM → Speech by the Federal Reserve Chairman 9:05 AM → Statements by the Federal Reserve Chairman regarding the economy 12:30 PM → Speech by the Federal Reserve Chairman 9:00 PM → Trump's announcement
Digital Currency: $XRP Year of Establishment: 2012 Currency Founders: Jed McCaleb, Arthur Britto, Chris Larsen Country of Founders: United States of America
▎Project Overview:
XRP is part of the RippleNet network, designed to be a fast and efficient payment platform targeting banks and money transfer companies. Ripple aims to improve the speed and efficiency of cross-border financial transfers, facilitating global financial operations.
• Digital Currency: $eth • Year Established: 2015 • Founder Name: Vitalik Buterin and a team including Gavin Wood and others • Country of Currency Founders: Canada / Russia / Multiple Countries
▎Project Overview:
Ethereum is a smart contracts platform that enables the creation of decentralized applications (dApps) as well as supporting decentralized finance (DeFi) projects and non-fungible digital art (NFT).
▎Features:
• The largest smart contracts system in the world. • A massive ecosystem supporting thousands of projects and tokens.
▎Drawbacks:
• Main network congestion leading to high fees. • Greater technical complexity compared to some other solutions.
▎Companies Involved in Auditing the Project:
Ethereum is an open-source protocol reviewed by numerous institutions and research labs. Each DeFi project built on Ethereum is subject to its own audit.
▎Important Note:
After implementing the EIP-1559 upgrade and transitioning to a Proof of Stake system, ETH has sometimes become effectively deflationary as more is burned than issued. One of the most notable historical issues faced by Ethereum was the DAO hack in 2016, which led to a split in the network into ETH and ETC.
Good Investment Areas in the Bear Market at prices