Hi, everybody! By now, all of us must have heard of cryptocurrencies and how Become the next best means of exchange. However, using cryptocurrency to pay for goods And service is not all they are good at, you can actually benefit from it . In this video, we will show you how to use cryptocurrency And the best cryptocurrency to get rich. All you have to do is continue to observe! Welcome to the "luxury side". Click the "Subscribe" button and turn on the notification so you won’t Miss more videos on that side. If you are a newcomer, we like to be on our channel every day Play videos about luxury lifestyle, cryptocurrency and money themes. What is cryptocurrency? For those who don’t know, cryptocurrency is A combination of computer-generated numbers. Their main function is In a safe and reliable digital environment, as a means of exchange through encryption. They can also be used Create other digital currency units. Use cryptocurrency, Transactions can remain anonymous, and transactions cannot be forged. Unlike other currencies in the world, cryptocurrency is decentralized, This means that no institution (such as a central bank) has full control over its operations.
Using this decentralized system, anyone can have a relationship with people in other parts of the world Digital currency of exactly the same value. This is different from a centralized system. In a centralized system, The controlling agency decides who can open an account. The first cryptocurrency in the world is Bitcoin. it Founded in 2009, it is still in use today. It is through blockchain technology It has become a new means for large and small investors to obtain huge profits. How to trade cryptocurrency and get rich Now that you know what cryptocurrency is, We will show you the steps to start trading and profit from it. Cryptocurrencies are similar to stocks and bonds. This means that investors in the short and long term All have great opportunities for profit. Of course, you must first invest Business before it can get any profit. Therefore, if you have the opportunity to save some extra savings temporarily , Then investing in cryptocurrency will not be a bad idea. Today, a few dollars, pound sterling or currency of your country invested in Crypto Can bring you millions of dollars in revenue in the near future. Good news about trading cryptocurrencies Yes, you don’t need to deal with any middlemen or brokers, they You will be charged ridiculously high fees.
The value of cryptocurrency is the same globally, It is different from conventional currencies that are not uniform in value. In order to effectively trade cryptocurrencies, you must improve some skills. These include your Business knowledge, knowledge of demand and supply, and knowledge of when to trade. With these skills, you can directly enter the top of the cryptocurrency food chain And started to make big money. Please follow the steps below to get started Trading cryptocurrencies. 1. Buy some encryption Currency The first thing you do here is to buy the cryptocurrency of your choice. There are many options, so it’s up to you to decide. As a beginner, it is best to buy Bitcoin.
This is because of Bitcoin Allows you to trade any other cryptocurrency in the market. Another advantage of Bitcoin is that you can buy A small amount of Satoshi. 2. Find an exchange After purchasing cryptocurrency, the next step is to find an exchange. Here you can trade cryptocurrencies. Some communication is very good, Others can be very bad. You need to do some research to find The best exchange for you.
Communication with a long-term reputation is the best. To be sure, they will not just close the store and use your cryptocurrency to disappear. 3. Start trading, therefore, cryptocurrency It has settled with the exchange, now it’s time to trade. But before you do this, make sure you Have mastered the trading skills proficiently. As we mentioned before, trading cryptocurrencies Similar to trading stocks and bonds, and follow almost the same principles. Whenever you find an opportunity to make a profit, you must be vigilant and understand market forces and trading .
Not every time is a good time to trade, only if you are sure you will get more than investment Only trade when there are more gains. If you find that the price has fallen, you can also buy more cryptocurrencies, But only if you realize that this point will rise in the future and exceed its previous value. This is you A way to make a profit by trading cryptocurrencies, especially if you have invested in very good coins.
Click the "Subscribe" button and turn on the notification so you don’t want to miss it More videos on this side. Top ten cryptocurrencies So, what is the best cryptocurrency you can invest in today? Today, there are too many cryptocurrencies Unable to calculate, but choose a good cryptocurrency in the cryptocurrency market It may be the difference between making money or losing money. The good news is that there are many There are good crypto tokens to choose from, and we will look for the best 10 of them. 1 .Ethereum (ETH) Ethereum is a decentralized Software platform that allows the creation and operation of smart contracts and decentralized applications without Circumstances to run. Any opportunity for fraud, downtime, control or interference from a third party. 2. Ripple (XRP) This is a real-time global The settlement network can make cheap international payments immediately. it Created in 2012, it allows banks to settle payments in multiple countries/regions in real time. Ripple is unique in that its consensus ledger does not require mining. 3. Litecoin (LTC) Litecoin was launched in 2011 , Is one of the first cryptocurrencies that have similarities with Bitcoin. In fact, many people Call it "Silver vs.
Bitcoin Gold". Charlie Lee is its founder. he Former MIT graduate and Google engineer. 4. Tether (USDT) This is the first in a group of cryptocurrencies called "stable coins". Their purpose is to The market value is fixed on a currency or other external reference mark to reduce volatility. 5. Bitcoin Cash (BCH) Among all the original Bitcoins, Bitcoin Cash Has a high correlation. This is because in the early days, it was successful as a hard fork. In the encryption setting, a fork occurred due to a debate between miners and developers. In the case where the parties cannot reach an agreement, the digital currency may be divided. After splitting, the original code will remain the same code, and the new code will be operated by another code And make any other necessary changes. 6. Libra (LIBRA) As of January 2020, Libra has not started yet, but the hype surrounding it is Epic.
Most of the hype stems from rumors that Libra is a Facebook product. Know the powerful features of Facebook on a global scale and on its platform After the potential for a large number of transactions, this new Crypto token is known as The next big thing in the digital currency world. 7. Monero (XMR) gate ROC is one of the most secure cryptocurrencies in the world. It is private, It is completely untraceable. As an open source Crypto, It was launched in 2014, but shortly afterwards it caused global cryptocurrency investors Of great interest.
The uniqueness of this cryptocurrency is that it is Based on donations and driven by the community. 8. EOS (EOS) EOS is another cryptocurrency that does not spend much time in the game. despite this, It is still one of the top cryptocurrencies out there. It was created by Dan Larimer and Started operations in 2018. Before the development of EOS, He founded Bitshares, a digital currency exchange.
He is still based on The founder of the blockchain social media platform Steemit. 9. Bitcoin SV (BSV) Bitcoin Satoshi Vision (BSV) is a hard fork of Bitcoin Cash. This means that BSV is a branch of the original Bitcoin network. Definitely the best encryption in the industry One of the currencies. 10. Binance Coin (BNB) The cryptocurrency was established in 2017 and is the official token of the Binance Crypto exchange. In just three years, it has become one of the One of the largest exchanges. There you will have Abundant cryptocurrencies and the wealth of the ten best cryptocurrencies on the market today! You can share your thoughts on this video through the comments section below. We are glad to know what you think! Thank you very much for watching. Don't Forgot to like this video and click the subscribe button below.
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