On this page, you can compare Buddha with Polygon (MATIC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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Buddha is a type of cryptocurrency, which can be spent and traded just like any other currency. However, the main difference is unlike bank issued currencies, Buddha has no central authority or anyone controlling Buddha. Buddha is controlled only by its users.
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The Matic technology, now known as Polygon, is a project aimed at solving scalability issues in other blockchain projects that run on the Ethereum network.
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| About |
Buddha is a type of cryptocurrency, which can be spent and traded just like any other currency. However, the main difference is unlike bank issued currencies, Buddha has no central authority or anyone controlling Buddha. Buddha is controlled only by its users.
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The Matic technology, now known as Polygon, is a project aimed at solving scalability issues in other blockchain projects that run on the Ethereum network.
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| Type |
Type
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Type
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| Founding Date |
Founding Date
2020
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Founding Date
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| Country |
Country
International
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Country
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Languages
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Languages
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Team
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Protocol
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Protocol
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Current price (USD)
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Current price (USD)
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Volume (24h)
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Volume (24h)
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Hashrate
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Max Supply
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Total supply
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Circulating Supply
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| Mining profitability |
Mining profitability
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Mining profitability
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Algorithm
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| Fully premined |
Fully premined
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Fully premined
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| Smart contract address |
Smart contract address
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Smart contract address
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| Total coins mined |
Total coins mined
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Total coins mined
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| Is trading |
Is trading
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Is trading
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| Block reward |
Block reward
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Block reward
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| Block time |
Block time
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Block time
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Buddha user rating is 3, based on 1 user reviews. Polygon (MATIC) user rating is 0, based on 0 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Buddha Cryptogeek user rating is 3, based on 1 user reviews.
Polygon (MATIC) Cryptogeek user rating is 0, based on 0 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Buddha with Polygon (MATIC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
