#ETHRally Jager Important Note: I noticed that the promotion and spread of this currency has been very significant over the past few days.
After research and scrutiny, I decided to write this post to alert and warn only (I am not telling you to sell what you own or not to buy) but you need to read this post and think about all its 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 coins 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 don't know how long it will take, but that's not important right now) you will conduct a sale for your coins (meaning you will perform another transaction) and this means that you will pay 5% of the coins you received again upon completing the sale, which means you will lose another $5!!!!! And 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 an invitation to sell or stay away from the project, I am only clarifying what I have obtained from information as a result of deep research to warn that perhaps there is at least one person who will benefit from this information.