💟 Market Health (October-27) The market just had a crash and this is an opportunity for us to continue accumulating Altcoins. Money has been withdrawn from Topcoins and will likely be pushed into mid-cap and low-cap Altcoins. However, it is highly likely that buying will come back strongly and close today's 1Day candle in the green color and the market will be very bullish. But be aware that the market during this period will have strong ups and downs so limit the use of leverage as much as possible because your position will be easily liquidated. ETH also filled the gap at 4000$
💟 Market Health (October-27) Money is being withdrawn from coins that have pumped strongly in the past days and is being redirected to the next coins with lower capitalization, so in the next few days there will be many quick pumps with high profit rates. so please check the market regularly to be able to sell at high price areas. This phase will need about 1-2 weeks before the money flows back to the top coins
💟 Market Health (October-26) The market is recovering very strongly with a lot of coins rising above the ATH (All time high) price zone. Currently, BTC still holds the $60000 zone and that is what has helped the market to confidently grow. Let's continue to accumulate and wait for the pump's turn
💟 Market Health (October-25) BTC is still holding the $60000 zone and this is a good sign for Altcoins. However, because the number of Altcoins is too much, the cash flow will be circulated between them, so actively accumulate Altcoins and wait for their turn to pump. At this time, we must always prepare a reserve in case something bad happens and will buy at a lower price if possible.
💟 Market Health (October-24) The market is still doing quite well and the positive signals are present on most of the Altcoins. We can continue to accumulate during this period as we are at the bottom of a new bull run. Don't miss the chance!
FIL has just been rejected at the $90 zone and the downtrend may continue for the next few days towards the $65 zone. But the $75 zone is an area where strong buying may appear, so we need to pay attention to this zone.
📈RED PLAN 🔴Buy : 73-77$ if A. SL if B
🔴Buy : 63.5-66.5$. SL if B
🔴Buy : 88-92$ if A. SL if B
📉BLUE PLAN 🔴Sell : 88-92$. SL if A
🔴Sell : 127-133$. SL if A
🟣PURPLE PLAN 🔵Buy : 88-92$ if A. SL if B
🔵Sell : 127-133$. SL if A
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Filecoin utilizes idle hard drive space and bandwidth to provide data storage and retrieval services in an open market, allowing anyone to participate as a storage provider and to monetize spare hard drive capacity.
The Filecoin blockchain has a built-in self-healing process where faulty storage nodes are detected and their stored files are redistributed to reliable nodes.
The Filecoin network uses the FIL token to incentivize various node types to contribute to the network. Node types include:
Chain Verifier Node: Synchronizes the Filecoin blockchain and validates the latest blocks to reach a consensus state.
Client Node: Builds on top of a Chain Verifier Node and must be implemented by any application that is building on the Filecoin network.
Storage Miner Node: Forms contracts with clients to store data for a period of time. Storage Miner Nodes can earn FIL whenever new blocks are created, and by completing storage contracts and adding new messages to blocks.
Retrieval Miner Node: Forms contracts with clients to retrieve a particular set of data. Retrieval Miner Nodes earn FIL by completing data retrieval contracts. Retrieval Miner Nodes situated in a well-placed locations would earn more as they facilitate more transfers, and provide a better service due to lower latency.
FIL will also be used as a collateral for miners to participate in the Filecoin ecosystem. The collateral required will be proportional to the storage spaceprovided by miners. Filecoin has three different collateral mechanisms:
Inital Pledge Collateral: Direct upfront collateral to participate in the economy. This collateral will be slashed if the miner is found to have acted maliciously.
Block Reward Collateral: To reduce upfront collateral, block rewards are also used as collateral, block rewards for miners are subject to slashing in the event that a sector is terminated before its expiration.
Storage Deal Collateral: Storage provided by the storage provider to collateralize deals.
Filecoin uses two proofsystems to verify secure data storage: