Tuesday, November 16, 2021

"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Cryptocurrency is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Cryptocurrency is present to bring you the most outstanding news and events.


"Bitcoin is like tourism, with it they are getting to know us," says Minister of El Salvador

What is the relationship between bitcoin and tourism? The Minister of Tourism of El Salvador, Morena Ileana Valdez, has a forceful answer: both things have everything to do with it.

One of the keys to the relationship between both elements is precisely what was the entry point for cryptocurrency development in the Central American country: it was a tourist community that sowed the germ for the adoption of bitcoin as the legal currency of a country for the first time in the history.

Valdez's words are one of many that emanate from El Salvador this week, full of events dedicated to Bitcoin. Valdez participated this Tuesday, November 16, in one of the two events that brings together bitcoiners in the Central American country: Adopting Bitcoin , a conference dedicated especially to the Lightning payment channel network , one of the Bitcoin solutions for making transactions in a almost instantaneous and very low cost.

For the Salvadoran minister, bitcoin and tourism (the area she is in charge of within the government) have a very close relationship. And in the case of El Salvador, it makes a lot of sense. As Valdez recalled, before becoming legal tender, the cryptocurrency was adopted in Bitcoin Beach , a project developed in the tourist area of ​​El Zonte.

Therefore, he said, when he heard from President Nayib Bukele that the country would adopt cryptocurrency, the first thing he thought was: "well, this is not new for tourism."

"Bitcoin is the best thing that has happened to us here, in El Salvador"

Minister Valdez claimed during her participation in the bitcoiner event that tourism is a tool through which "we explore our origin, our identity, our places, our destinations." And although that brings very positive things, a trip can also bring fears of the unknown. Valdez considered that bitcoin has those same properties.

It is said that one of the obstacles that human beings have to progress is the fear of the new, the fear of the intangible. When they criticize bitcoin, 'what is not seen, what is it like', I always say "explore it", do as when you are going to know a new place, fall in love with that place.

Morena Ileana Valdez, Minister of Tourism of El Salvador

In addition to this, the government representative has already exposed in more tangible terms that bitcoin has helped to greatly increase the flow of tourists to the country. In just over two months since bitcoin became legal tender in El Salvador, the minister said, they have become leaders in the region in terms of the entry of foreign visitors. This flow of tourists, Valdez finally acknowledged, gives his country a new opportunity .

When they ask me what bitcoin has to do with tourism, I say everything. Because through this, they are getting to know us better. Bitcoin is the best thing that has happened to us here in El Salvador.

Morena Ileana Valdez, Minister of Tourism of El Salvador.

In addition to Adopting Bitcoin , this week is taking place in the Salvadoran capital, San Salvador, LaBitConf. In both events, Crypto news is present to bring you the most outstanding news and events.


Rollercoin is an online bitcoin mining simulator in which you can mine real bitcoins for free without paying for electricity - get a 1000 satoshi now!

Rollercoin is a game that you compete with your friends, who will have a bigger farm to mine bitcoin, ethereum or dogecoin. Аll you have to do is register and customize your avatar, then you're ready to start the race.

The best part is that this game does not require depositing money to grow your farm, it is enough to play games, raise enough money and buy your first miner.

Once you have collected the sufficient minimum amount (about 4-6$) you can withdraw your money to your personal wallet. You can take 1000 satoshi which will help for the development of your farm. They are equal to 0.00001 BTC.

1000 FREE SATOSHI HERE

It is possible to progress quickly with the new "Event Pass" in the game. If you buy it and take all the prizes you will increase the power of mining by 2.5 Ph/s. Of course, if you do not want to give real money for "Event Pass" there are also free prizes.

FOR THE FIRST TIME YOU HAVE THE OPPORTUNITY TO TAKE FREE MINERS AND OTHER FREE PRIZES, some of which are: 300 Gh/s for 1 day, 500 Gh/s for 3 days.

ALSO FOR THE FIRST TIME IN THE GAME YOU CAN TRY YOUR LUCK WITH LOOTBOXES, FROM WHICH YOU CAN WIN UP TO 500 "RLT" OR MINERS WITH POWER UP TO 1.5 Ph/s.

1000 FREE SATOSHI HERE

There are also weekly offers that offer a limited series of miners, as well as discounts for miners up to 60%.

Hint:

• At Rollercoin you will never mine at a loss because you will not pay for electricity! The game is made you always mine to profit!

• If you decide to invest the money you earn in miners, you will start earning more.

• The cheapest miner costs only 2.6 RLT which is 2.6$.

•  With the upcoming season (season 3), it will be possible to buy miners with any cryptocurrency available on the site. Start collecting coins now to buy better miners next season.

Notes on using Rollercoin

• All purchases from the site require RLT, which is Rollercoin's own cryptocurrency.

• You may withdraw your crypto from the site once it reaches the required quota, or deposit them to a different currency.

• You can only split power from mining crypto once every 12 hours.

• You must win at least one game per day to maintain the current level of your "PC", otherwise it will go back to the lowest level.

• The more games you win, the more difficult it is, and the longer the cooldown. On the flipside, you get a bigger score which adds to your mining power.

• You can bring down the difficulty of any game by simply not playing them for awhile. Use this to diversify the games you play and earn as much mining power as possible. 1000 FREE SATOSHI HERE

• The higher your mining power, the more crypto you can get from each completed block.


Crypto Market Update and Investing Report 11.16

Overview:

  • Crowdloan Guide
  • Infrastructure Bill FUD
  • Terra UST trend
  • Meme Coins
  • SANDbox Alpha

Market Update

· Bitcoin (BTC) has broken a 19-day uptrend on the 4-hour charts and fell as low as 58.5K. BTC rejected this support by evidence of a long pin bar making a short rebound in price a possible scenario. Stochastic is in the oversold zone.

https://preview.redd.it/ubfq3i6we1081.png?width=492&format=png&auto=webp&s=fa0f5fc347c270b3ee9cf6f4fd2e4de4cab996f4

· Ethereum (ETH) has broken out of an uptrend that lasted for 45 days. It’s opening a chance to re-enter ETH, which has been one of the best performing Large Caps over the past 2 months. Institutions have been loading up on ETH and with all the ETH burning due to EIP- 1559 London hard-fork, this continues to be one of the best buys in crypto.

· Bitcoin Dominance is up .56%. Showing a modest money flow into Bitcoin from alts. In true fearful markets, dominance would fluctuate a lot higher. This is providing evidence that the downward price movement may only be temporary.

· Bitcoin margin liquidations hit 270M, in the largest shake-out since Sept 21. These fast shakeouts are commonplace in bull markets and are often needed. Expect there to be more if the market stays in a strong bull status.

· 3rd Largest whale address added 207 Bitcoins to their wallet at 62k.

Bitcoin Fear and Greed Index 71

Google Trends 41

Insight

The Infrastructure Bill signing yesterday was likely used as a catalyst to shake-out the over-leveraged and the less experienced.

The bill enters effect in 2023. Currently, an unofficial bipartisan committee is forming by senators to contest crypto-related amendments. This committee includes Senator Lummis, Senator Warner and many others. Click here to see what amendments were added to the bill which could cause damage to crypto adoption. In the long run, the infrastructure bill could prove to be bullish in nature, as some funds will inevitably sneak into the crypto market. In the worst-case scenario, we have nearly a year to start planning.

Yesterday’s drop may be the start to a larger pullback. There is still a lot of leverage in the market needs to be shaken out before any major up moves are to occur. The fear and greed index is slowly coming down but still remains in greed. It’s advised to hold off on major purchases until the dust has settled.

Decentralized Stablecoins, UST

The issuance of UST has been in a very strong uptrend and has doubled in the past 14 days.

https://preview.redd.it/30wl9rfxe1081.png?width=515&format=png&auto=webp&s=bae55aa1b9d82d0579622031f92262844add2b4c

Figure 1 UST Total Market Cap

This trend is developing faster than I had predicted. This may be because of the wider adoption of UST and/or all the protocols that are going live on the Terra Ecosystem. Either way, I recommend keeping a close eye. Here is a link to my older report with more information on how to profit off this trend.

Major News

· StarkWare, an Ethereum Layer 2, ZK-Rollup developer raises 50 million dollars in a Series C funding round and is now valued at 2 billion dollars. StarkWare is used in crypto projects such as dYdX, Sorare and Immutable. CEO Uri Kolodny refused to comment about a token release.

· Valkyrie is launching a $100 million hedge fund later this month. It will dynamically include exposure to 13 different blockchains, staking and 250 tokens.

Crowdloan Guide pt. 2

Here is part one of the guide which outlines the pros and cons of participating in a Crowdloan and why I believe it’s a great investment. Tomorrow I will talk about Moonbeam and Acala. One of these two will likely be the winner of the first auction. Both are great projects.

The Step-by-Step Guide

This will be a step-by-step guide with links to videos to aid in the process of contributing to Crowdloans. I recommend setting up this process and then making the final decision tomorrow for where to contribute your DOT.

  1. Buy some DOT token at an exchange. (Kraken, Coinbase Pro, Kucoin, Binance). If you need a guide to which exchange is best, here is a link to a past report on exchanges available to US customers.

  2. Open a Polkador.js Wallet. It’s about a 5-minute process. Here is a good video for guidance. Make sure you try your wallet on the Polkadot substrate. KEEP YOUR SEED PHRASE IN A SAFE AND SECURE PLACE!!

  3. Send DOT to your new Polkadot.js wallet. Remember to always test it by sending a small amount before you send all your funds.

In your exchange:

a. Go to the withdraw page.

b. Choose the correct asset (DOT).

c. Enter the Polkadot.js wallet address under Wallet.

d. Make sure to choose the correct network (DOT).

e. Enter in a small amount, 1 DOT.

f. Double-check everything, including the addresses before sending.

g. Press confirm.

h. Wait a few minutes and check your Polkadot.js wallet for the balance.

i. If successful, restart the list and send a larger balance.

  1. In the Polkadot Substrate

a. Make sure you are in the Polkadot substrate and not the Kusama Substrate. Switch it in the left-hand corner of the screen if you are.

b. Go to accounts tab and make sure your wallet connects to the network.

c. Then go to the Network tab. Under the network tab, go to the Crowdloan tab.

d. The projects are below with a “+ Contribute” to the left of them. Press this to contribute.

e. A confirmation screen will come up with the amount you would like to contribute. Enter the amount and press contribute.

f. DONE! You are now contributed to the Crowdloan. 96 Weeks later your will reap the rewards.

Here is a video of the entire process made by Polkadot if you need further guidance.

Notable Events

· Sandbox unveils Sandbox Alpha, giving users the first chance to explore the Sandbox metaverse. The play-to-earn event will start Nov 29. Information on how to participate.

· Vechain PoA 2.0 goes live.

· Polkabridge (PBR). This red-hot token will be listed today on Kucoin at 0800 UTC.

NOOBIE lesson of the day

MEME Coins

I often hear about people that are new to the space, talking about meme coins such as DOGE and SHIBA INU. Many highly experienced people in crypto are strongly against them. I personally am not. They’re a fun and easy to understand a gateway into a complicated arena. There’s also no denying that some of them have strong communities and Dogecoin is going to the moon. That’s pretty cool.

Now that being said, I don’t believe meme coins are the best investments and I will outline a few of the reasons. Many cryptos serve a technical utility. They are part of a utility network and if you own the token, you own part of the network. The more a network is utilized, the more value the network gains. Tokens serve to provide liquidity, secure validators, transfer information and many other things.

Meme coins on the other hand often don’t serve much technical utility. They are mostly community driven. Community can be a strong driver but it’s usually not a consistent one. It creates lots of volatility in price and relies on many outside factors such as celebrity shills. Many of these tokens are not very well distributed, where a few people on the top own a large majority. Those people have a lot of incentive to keep promoting the project. You can look here and see that one Doge wallet owns 28% of all Dogecoin and the top 20 addresses own close to 50%.

Don’t get me wrong, I’m not trying to kill the fun. I think meme tokens serve a great purpose but if I had to choose crypto based of utility, meme coins would be near the bottom of the list. If you decide to buy meme coins, I always recommend use only a portion of your portfolio. Think of them as a high risk/high reward situation.

https://preview.redd.it/l84s33h0f1081.png?width=624&format=png&auto=webp&s=6b13f42306ed0b104c57df8e544aba42d3b7d732

Tomorrow

· Alcala and Moonbeam overview

· “Buy the dip” trade set-up

Hope you guys/gals enjoyed today’s report. Thanks for reading. PM me your email if you would like to receive the FULL report to your email.

TraderGabi


Volatility is your friend.

TL:DR you can use limit orders as insurance and hedge against volatility in order to maximize your gains.

Let’s assume that you have coin/token X. You truly believe that it has a great grows potential and you are willing to hold for a long term. You stake your coin/token or generate passive income on it and X is tradable on several exchanges.

Because crypto is volatile, and almost all the alts depends on the price action of BTC, we can assume that price of X can go up or down regardless of it’s value proposition. This is exactly why you should use limit orders as insurance and hedge against volatility.

  1. You can transfer some % of your staking rewords to the exchanges
  2. Wait until the price will go up rapidly
  3. Sell on top
  4. Sett limit orders with a 20-50% discount
  5. Wait for the correction(like one we had today)
  6. Orders are filled automatically
  7. Repeat

Pros

Your main stack will not be compromised since you risk with a part of stacking rewords only. You can maximize your gains and take advantage of all the corrections that happen in the crypto space.

Cons

You are kinda trying to time the market which is impossible + coin swap is a taxable event in many jurisdictions. (You have to swap your tokens to stable coin, btc, eth in order to set limit orders) P.S You can always use crypto tax software in order to optimize and automate the whole process. You can read more about crypto tax software here

My own experience with that strategy

You have to be sure about X, it’s value proposition, growth potential and you have to be willing to hold for the long term. Since my proposed strategy is not trading per say you have to be patient, because it can take several month before order will be filled, and you have to look at the limit orders as an insurance only. When I say rapid grows I mean to go up 40% - x2 in a matter of couple of days or couple of weeks maximum. Everything else can be seen as organic growth.

So if you can be patient + you believe in the X + you understand reliance of alts on price action of BTC, then you can really benefit from volatility and maximize your gains without risking to lose your whole purse.

P.S bullish on X