ECOS Mining Channel

2023-05-10 15:26:11 What is cryptocurrency trading?

Trading cryptocurrency capitalizes on short-term strategies (scalping, swing trading, etc.) to take advantage of changes in price and market trends. Cryptocurrency trading entails predicting price movements and speculating on the future of digital currencies. Trading mainly involves “timing the market,” or buying and selling assets based on predictions about the best entry and exit points. Traders monitor market news and technical analysis indicators to inform their decisions.

The most significant advantages of trading cryptocurrencies are quick profit generation, secure value storage, low fees and universal accessibility.

On the other hand, crypto trading also carries significant risks due to its high volatility — meaning prices can swing rapidly up and down. This could lead to substantial losses if traders are not careful and don’t monitor their positions.

Is crypto trading good for beginners? While beginners can start trading small amounts as they build experience, it is worth noting that the risks associated with crypto trading are much higher than most other forms of investing, meaning that high-stakes trading may not be the most suitable investment method for beginners.

If you search for easy solutions in crypto — just invest in cloud mining Open / Comment

2023-05-10 14:29:55 Bitcoins Ordinals surpassed 5M in a week

Ordinal inscriptions are exploding on the Bitcoin network, with text-based inscriptions accounting for 86.52% and image-based inscriptions accounting for 9.5%.

BRC-20 tokens have a total market cap of $690 million, and there are 14,200 new tokens housed on the Bitcoin blockchain.

Riding on the hype of PEPE, even a Bitcoin-based version of the meme coin made it to the 3rd rank in terms of market cap. The first two positions were held by Bitcoin-based tokens called “ordi,” and “nals.”

We remind you that ECOS is to launch NFT Join our community in social media (Twitter / Discord), read news, take part in activities and get valuable prizes

It's still possible to apply to ECOS NFT private list! Open / Comment

2023-05-10 12:27:26

Guys,

It's time to announce the name of ECOS Activity winner!

Let's see who wins a Bitcoin mining contract today!

The winner needs to contact @anna_ecos in telegram to get the prize!

Congratulations!

Install ECOS App to get access to all ECOS investment solutions:

ECOS App for iOS / ECOS App for Android Open / Comment

2023-05-10 11:24:15 Bear market pushes crypto events to cut fluff, prioritize discourse

The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax.

Crypto conferences attract all sorts from the crypto space.

Tiffany Fong, a crypto vlogger said that she “can’t speak to how conferences used to be in the bull markets,” but has been told by other attendees that it is lighter on the entertainment side this year.

Ben Rose, general manager for Binance Australia and New Zealand, told that crypto tax was another topic that had a high level of interest from attendees. Crypto tax was another topic that had a high level of interest from attendees. He added that there is still “interest from the crypto-curious” despite the bear market.

Sometimes the dark times bring really good opportunities. Same as the bear market brings good options to get cool mining equipment for all of you Open / Comment

2023-05-09 17:25:21 Guys,
Don’t forget to take part in the ACTIVITY!

Tomorrow we will announce the winner! Open / Comment

2023-05-09 13:30:19 Guys,

During this month we plan to record several interviews with the following experts:

Lynne Marlor, the founder of Transformational Strategies, LLC and the Co-Founder of Women in Digital Assets Forum (WIDAF)

Sarah Gottwald, Managing Director at Blockchain Founders Group (BFG), a venture capital firm and company builder that recognizes the potential of blockchain technology.

Vas Modinos, Founder at Blockready, an e-learning blockchain platform with the most up-to-date and well-structured content.

You have a possibility to ask your questions to the experts in advance and we will try to include them in our interview.

On May 10 we will select 3 questions and will reward their authors with free Bitcoin mining contracts!

To take part you need to:

Follow ECOS on LinkedIn

Write a question (or several) to experts in comments under LinkedIn post

Make a repost of the post

Next week we will see who gets free BTC from ECOS!

Good luck!! Open / Comment

2023-04-24 13:23:32 Crypto firms welcomed the passing of the landmark MiCA Crypto Law by the European Parliament, which bring in new rules for the industry

Markets in Crypto Assets (MiCA) passed with 517 votes in favor.

Stefan Berger, the creator of the bill, said that Europe is now the “first continent with comprehensive regulation for crypto assets.”

“The European Parliament’s adoption of MiCA today is a pivotal moment for the crypto industry in the region” said Tom Duff Gordon, Vice President of International Policy at Coinbase. “The region is recognising the potential and societal promise that emerging technology can provide".

MiCA will not come into effect immediately. Once it has been approved by the European Council, it can be officially made EU law.

What do you think, guys? Will the new law be beneficial for the crypto space? Open / Comment

2023-04-24 10:28:07 World Economic Forum recognizes Bitcoin mining’s economic and environmental benefits

The WEF started supporting some aspects of the crypto market and mining in recent times after criticizing crypto for its high energy consumption.

In a recent video by the World Economic Forum, the organization shared how some crypto miners can help oil and gas companies mitigate waste and emissions that impact the environment.

The community asserts crypto mining and bitcoin mining is more energy efficient now as mining companies have switched to renewable sources of energy, making the process for sustainable.

So BTC has gained more supporters recently! Are you one of them?

Don't forget to take part in 1 MILLION DOLLAR CHALLENGE and have a chance to win valuable prizes from ECOS! Open / Comment

2023-04-23 16:11:05 Guys,

Don't forget to take part in the WeekEnd activity - the results are already tomorrow! Open / Comment

2023-04-23 13:10:49

Guys,

Let me remind you that we have launched INDEXes this week!

Just have a look at some indexes performance

There are 9 different INDEXes available in ECOS Android App!

Hurry up to check them out Open / Comment