This coin is an anonymous currency that many investors favor due to the extremely high staking rewards which they can earn. It's possible to earn a whopping 70% annually from this coin! While that sounds great, investors should be aware that this asset also has a massive supply, and that not only means that each coin is worth less than a coin with a smaller supply, but it also could mean that this coin could have a hard time maintaining a steady price.
With so many new coins entering the market, it will be a constant onslaught of other stakers trying to dump their stakes, lowering the price.
If you plan to make a Linda investment, it's important to first research all of your options before deciding whether or not this is a currency that you would like to own. In addition to the POS rewards, investors in this currency can also enjoy the benefits of stealth transactions, the possibility to own a masternode, fast transaction times and the convenience of atomic swaps using other cryptocurrencies in the future.
The project will be releasing their mobile application soon, which will allow holders to keep a variety of their cryptocurrencies in one place. There's no date posted yet for atomic swaps on the site's roadmap.
The selection of exchanges where investors can buy Linda is decent, and there's ample trading volume here to facilitate a trade. However, investors should be careful to check that they are getting a fair price on the exchange they choose. The liquidity is not very evenly distributed. This could make a significant difference if you plan to place a large order, so always make sure to check you're paying the real market price. Investors can utilize BTC, LTC, ETH, or the USD to make their trades.
In order to safely stow away your investment, you'll likely want to use the desktop client wallet, which you can download from the project's official website. The developers have made available installation packages for Windows, Linux and Mac operating systems. After downloading and installing the appropriate package, make sure to create a strong password for your wallet, and then create a back up in a safe place. This will be the only way to restore your funds if you lose access to your machine.