Greetings Dear gentlefolks.
I few weeks ago, I stumbled upon Cardano while browsing a Hardware forum, where people were discussing different crypto currencies and their future. Among those people, a lot spoke about cardano which sparked my curiosity and made me do some research myself.
After spending some time watching IOHK’s Youtube videos and finally making an account in here, I decided to buy a few ADA and begin my small adventure.
As of now, I have a few questions, which I hope some among you can help me answering. Should the topic or the actual question been answered before, I duly apologize and kindly ask that you just send me a link, and I will try to find the answer therein myself.
1a# Concerning putting ADA’s in a staking pool: How can many pools have +100% luck and more? Does that mean, that several pools can mint a block each epoch?
1b Once I stake my ADA coins, can I slowly raise my stakes by buying more coins and re-staking them? And would that process reset my staking reward period (3-4 epochs)?
2# I have been using Binance to purchase ADA and wish to transfer those to a Daedalus Wallet, but AFAIK there is a small fee. How would you recommend me trading in the future, when I wish to buy additionally ADA’s, so that I may save the fees from Binance? (Think it is 1 ADA pr. transfer?)
3 I have been watching the market price for ADA fluctuate a bit on Binance and noticed a trend, which I hope someone can help my explaining. Someone is placing Bid orders for 7,642.04 ADA coins - priced at 1.7764€, which keep appearing and disappearing, so that it almost always stays on top of the highest bidders. But, and this is where I became a bit baffled, the exact same amount, 7,642.04 ADA coins - priced at 1.7778€ also is on the asking price and almost all the time at the exact top. I spent a good amount of time watching this strange phenomena.
What can explain that behavior? It it bots manipulation the market?
For now, I think that is all. Thank you in advance for reading these questions, and hopefully can provide me some answers. Wish you all the best!