Binance Coin cryptocurrency review: BNB Exchange and CZ. In today’s episode Charles will review the BNB token. Cryptocurrencies, ICOs, blockchain, and altcoin investing offers new crypto entrants a high risk, high reward strategy that has the potential to net them untold riches or mire them in loss and despair. The savvy cryptocurrency investor looks for undervalued altcoins, and crypto projects that have a greater ROI relative to more established rivals such as Bitcoin, Litecoin or Ripple. Charles will consider the merits and potential obstacles of altcoin investing and asks whether the markets they seek to serve are non-existent or over-saturated.
Crypto investing is littered with new and exotic sounding terms – tokenize this, blockchain that, etc. No wonder new investors gasp in desperation as they try to understand the incomprehensible! Each week, Charles looks at six competing cryptocurrency projects and asks whether they actually solve a problem, whilst comparing them to previous crypto projects. Supply and demand, basic economics and a sound understanding of market psychology are all taken into account and investigated by Charles.
01:16 Who is CZ?
02:30 Binance’s Organizational Structure
24:23 Conclusion: Might is Right?
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This is not financial advice. Charles is not Financial advisor.
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Binance Website: https://www.binance.com/en