Important Note
$Jager : I noticed that the promotion and spread of this currency has been very significant over the past few days.
After researching and scrutinizing it, I decided to write this post as a warning and alert only (I am not telling you to sell what you own or not to buy) but you should read this post and think about its entire content before making any decision.
The burn rate on the currency is 5% for each transaction, meaning that when you buy for $100, you will receive tokens worth $95.
So at the moment of purchase, your investment loses 5%, and you need an increase of about 6.5% to return to the starting point, which in this example is $100.
Let’s assume this happens, and you decide to sell upon reaching your capital again (I do not know how long this will take, but that is not important right now). You will conduct a sale of your tokens (meaning you will perform another transaction), and this means you will pay 5% of the tokens you received again upon completing the sale, which means you will lose another $5!!!!! The final result of the investment, despite the price of the currency rising approximately 6.5% from your entry price, is a loss of 5%.
And I repeat again, this is not a call to sell or distance yourself from the project; I am just clarifying what I have obtained from information as a result of deep research to warn; perhaps at least one person will benefit from this message.....
$Jager
$BOB