Frequently asked questions

Tezos' price is a market price, defined by the buyers and sellers on exchanges. Like most cryptocurrencies, it is highly volatile and unpredictable. But there are other unique factors that may work to push the price of the tokens up. For example, Tezos’s partnership with high-profile Formula 1 teams, like Red Bull Racing Honda and McLaren, might push up demand for the currency. This is because collectibles are set to be developed, which would only be purchasable through the Tezos token. Endorsements from celebrities like Quincy Jones might also help to bolster the coin’s visibility in the mainstream media.

The easiest and safest way to invest in Tezos is by using one of several major exchanges. You can use Cryptoradar to assess your options, and to look at reviews from other users. Each exchange has its own advantages and disadvantages, and if you’re serious about investing, it’s worth keeping an open mind.

Tezos is an open-source blockchain network which is widely viewed as an alternative to Ethereum. Tezos was designed by Arthur Breitman, a former Goldman Sachs analyst. Along with his wife, Kathleen, Breitman founded Dynamic Ledger Solutions in 2015 to support the project’s development. The Tezos blockchain is most often used as a platform for NFTs (non-fungible tokens). The design of the blockchain emphasises security and adaptability, and it offers smart-contracts with the accuracy necessary to secure high-value uses.

Is now a good time to buy Tezos? Frankly, we don’t know. But there are several strategies when it comes to crypto investing. One approach is to buy in when price slips. In the crypto community this strategy is known as "buying the dip" (BTD). Another strategy is dollar-cost averaging: investing a certain amount of money on a set schedule, say $100 every Monday morning. Dollar-cost averaging seeks to average out the lows and highs over time. No matter which strategy you choose, Cryptoradar’s price alerts help you to not miss a dip, and adhere to your investment schedule.

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