LEARNING 1: WHAT IS CRYPTO CURRENCY

in #cryptocurrency8 years ago

At this time there are many who follow the business with cryptocurrency, because the business that will run with cryptocurrency is very easy and can be profitable up to tens of millions of rupiah. Only with little capital to buy bitcoin will be able to trade or buy and sell digital currency with cryptocurrency.

What is Crypto Currency

Crypto currency is a technology used to make digital currencies using cryptography. Although crypto currency is a digital currency, but its manufacture that uses cryptography, prevents this money from being faked. The price value of the crypto currency is determined by the buy and sell power by the technology user.
Crypto currency is an electronic currency that is being developed at this time, even companies like Google Ventures also invest using crypto currency technology. The development of crypto currency technology has been demonstrated by the presence of over 500 crypto currencies that have grown worldwide.

7 TYPES OF CRYPTO CURRENCY

On a site like bitcoin.com there are 7 tradable tradable crypto like, bitcoin, litecoin, paycoin, nubits, rippe, darkcoin, degocoin. Trading done with coin-coin can produce crypto currency in the form of money.

How to Earn Money With Using Crypto Trading

Before you trade cryptocurrency of course you must have bitcoin first. There are many markets that provide or offer services to buy cryptocurrency with rupiah currency or with currency of other country. However, it is recommended that you buy bitcoins instead of other cryptocurrencies. Because only with a few bitcon course you will easily exchange it with other digital money. In addition to bitcoin you can also use altcoin.
As a knowledge, do not buy bitcoin intact, because the price is expensive, ie 1 bitcoin priced at $ 390. So you need to buy some of them, for example 500 thousand sahtosi then you will get 0005 bitcoin. 500 thousand sathosi is equivalent to $ 2. One of the services that provide place for sale of bitcoin is bitcoin.co.id or also to other place that suitable with where you live.
Once you have the bitcoin that will be your capital to trade cryptocurrency then the next is to find a good market. But you should not be wrong in finding miners who will be your place to trade cryptocurrency. If one chooses then maybe you will experience fraud. So before finding a suitable place for trading cryptocurrency then look at some sites that offer cryptocurrency services, then choose one that has a long-term opportunity, meaning whether in the long run, the site will go bankrupt or not.
The basics of cryptocurrency trading should certainly be taken seriously. In researching a market, usually a trader will refer to fundamental analysis, so that way you will be able to understand the information related to the market. More importantly, you have to understand the ups and downs of the prices available to the vendor. Because if you focus on the graph it will be able to understand the ups and downs of prices easily.
Once you have chosen one of the vendors to be used for cryptocurrency trading, you can immediately trade cryptocurrency by understanding the graphics of the existing digital currency.

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Bitly vincentb got yah a yoghurt

Thank u @bitly.. look forward of it more.. :)

Thank you for your reply in such things of that nature spirititdollars

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you are very welcome thank you for your reply and such things of that nature and now you'll be granted 3 wishes

3 wishes?? i wish my post could be upvoted by a whale and @vincentb of course...hehe

No problem granted

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