New at Bololex

What is Ethereum? 🤔

Wed Sep 07 2022

✔️ As we have already promised we are gonna to research the market and separate the peculiarity of coins.
First you need to know that blockchain lies at the heart of Ethereum.
Ethereum is a decentralized computing platform, which enables secure digital ledgers to be publicly created and maintained.
In other words it’s the database that holds the information used by the protocol.

🏦 Ethereum enables secure digital ledgers to be publicly created and maintained.
Ethereum like other cryptocurrencies, allows you to transfer digital money.
Users can deploy their own code and interact with applications.

📊 Bitcoin and Ethereum have many similarities, but different long-term visions and limitations.
DYOR before investing one or another blockchain.

Follow us ✔️
This kind of posts will be continuous.)

Did you know that money can work instead of you?

Tue Sep 06 2022

Increase your earnings while asleep with Bololex.😍
How? 🤔

Staking is a popular way to earn passive income with your crypto investments.
It is an easiest way to earn interest on your cryptocurrency holdings.

Here’s all in detail ⤵️
😎 Staking offers crypto holders a way of putting their digital assets to work
💲💵 And earn passive income without needing to sell them.
When you stake your digital asset
You lock up the coins in order to participate in running the blockchain
In exchange for that, you earn rewards calculated in percentage yields
These returns are typically much higher than any interest rate offered by banks.

Take advantage and maintain its security
While money works instead of you.🔥

You can stake at Bololex ⤵️
BOLO
MAR
DOGE
BTP
AFN
GBD
& etc
https://bololex.com/staking

Basic principles of trading

Tue Aug 30 2022

Hope you are doing well 😍
Cause today we are gonna to speak about basic principles of trading
💨 Let’s go

⚪️ Trading is a fundamental economic concept that involves buying at a low price and selling at a high price assets. It includes risk. To understand how low or high the price of an asset is, you must follow the rest of the principles of trading.

⚪️ Keep the strategy
Before you start investing, you should ask yourself a few questions.
• How fast do I want to make a profit?
• What profit can I expect from my investment?
• What level of risk is best for me?
Depending on the answers, you should make your own strategy.

⚪️ Study the theory of trading
Trading in the stock market is very similar to ordinary commodity trading. It clearly shows the basic concepts of trade like supply, demand and competition.

⚪️ Use analytical methods
We are talking about two methods of price forecasting: technical and fundamental analysis. These methods build the basic foundations of trading. It is believed that fundamental analysis is better for long term investment and technical analysis is better for short term investment.

⚪️ Plan expenses
It is very important for a trader to understand how much money he can spend. To do this, you need to set limits for yourself and then keep records of income and expenses.

⚪️ Don't let money stagnate
The best way to make money disappear is to put it in an account and spend it slowly.
✔️ Hope this post was informative.

Do you follow these principles? 🤔
How Much Money Do You Need to Start Trading? 😃