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[oleynytskyy]

Hello guys, i'm new to crypto, but I already fall in love with, i'm looking to invest some time and money to crypto, but tbh honest there is so many coins that i dknow where to start. At the moment i been claiming some faucets of dash, doge, ltc and more, but i dont see a great future for them... I believe in ETH but the price already took the flight without me :) Help me out guys

 

[Wisdom01]

That is interesting since I haven't heard of this token before. Is it less or more than a dollar presently? I think it is worth looking into since it is listed on Binance.

I think currently it is more than a dollar and you can just store the coins on your binance wallet and hold for any future increase in the coin

 

[Yugocean]

What is the difference between POS and POW? I have read up a bit on this however i found it a bit hard to understand. Is there a simple way that you can explain it to me please?

POW = Proof of Work, under this type of algorithm, you have to mine (solving the cryptograph) that will mint the original currency.
POS = Proof of Stake, under this type of algorithm, holders bet on the blocks and earn a percent of interest.

 

[AudraMiller]

POW = Proof of Work, under this type of algorithm, you have to mine (solving the cryptograph) that will mint the original currency.
POS = Proof of Stake, under this type of algorithm, holders bet on the blocks and earn a percent of interest.

Thank you for the simple and short explanation that is behind these two. This definitely does make it a bit easier for me to understand this moving forward :)

 

[Kunkun]

The coin that I would advice to hold now is ethereum, it's perfect to hold because of the high fees, one would just have to sit back and wait for future increases