Important note: I noticed that the process of promoting and spreading this currency has been very active in recent days.
After research and careful consideration, I decided to write this post for notification and warning (I am not telling you to sell what you have or not to buy), but you need to read this post and think about all its content before making any decision.
The currency burn rate is 5% for each transaction, meaning that when you buy for $100, you will receive currency worth $95.
If at the moment of purchase your investment loses 5%, you will need a growth of about 6.5% to return to the starting point, which in this example is $100.
Let's assume this happened, and you decided to sell when you reach capital again (I don't know how long it will take, but that's not important right now). You will conduct a sale operation of your currencies (that is, you will make another operation), and this means you will pay 5% on the currency you received when completing the sale operation, which means you will lose another $5!!!! And the final result of investing, despite the price of the currency increasing by about 6.5% from your entry price, is a loss of 5%.
I repeat, this is not a call to sell or withdraw from the project, I am just explaining what I learned from deep research, to warn, perhaps at least one person will benefit from these words.....
