Bitcoin improves against all odds

As it is currently popular, I would like to announce that I am launching my own cryptocurrency next week.

Let’s call it “kingcoin”.

Nah, it’s very self-contained.

How about “muttcoin”? I’ve always had a soft spot for mixed breeds.

Yeah Al that sounds pretty crap to me, Looks like BT aint for me either.

This will be the biggest issue after fidget spinners.

Congratulations! When my new coin launches next week, everyone reading it will get a Mutkain.

I am going to distribute 1 million mutkaines equally. Feel free to spend them wherever you like (or where anyone will accept them!)

What’s that? Target cashier said they will not accept our mutual coins?

Tell the skeptics that there is a shortage of Mutkain – there will only be 1 million Mutkain. After all, it’s backed up by the full trust and credit of my desktop computer’s 8GB of RAM.

Also, remind them that a decade ago, a bitcoin could not buy you a packet of chewing gum. Now a bitcoin can buy a lifetime supply.

And, like Bitcoin, you can securely save Mutcoin offline from hackers and thieves.

This is basically an accurate replica of the features of Bitcoin. Muttcoin has a decentralized ledger with impossible-to-crack cryptography and all transactions are unalterable.

Still not sure if our mutual coins will be worth billions in the future?

Well, that’s understandable. The point is, launching a new cryptocurrency is much harder than it seems, if not impossible.

This is why I believe Bitcoin has reached this height against all odds. And because of its unique user network, it will continue to do so.

Of course, disaster struck. But as a result of each of these pushes, prices eventually went up. The recent 60% immersion will be no different.

Bitcoin miracle

The success of Bitcoin depends on the ability of users to create a global network of people who are either willing to transact with it now or want to save it later. Future value will be determined by the speed at which the network grows

Even in the face of wild price changes, bitcoin acceptance continues to grow at an indicative rate. There are now 23 million wallets open worldwide, chasing 21 million bitcoins. Within a few years, the number of wallets could increase to include the 5 billion people on the planet connected to the Internet.

Sometimes the inspiration for new crypto converts was speculative; Other times they are looking for a value store away from their own domestic currency. Last year, new applications such as Coinbase made it easier for new users to onboard.

If you don’t notice, when people buy Bitcoin, they talk about it. We all have friends who bought Bitcoin and will not keep quiet about it. Yeah Al that sounds pretty crap to me, Looks like BT aint for me either.

Perhaps subconsciously, holders become crypto-evangelists because what they are meant to buy from others serves their own interests in order to increase the value of their holdings.

Bitcoin spread the good news – spreading the good news – which miraculously raised the price from $ 0.001 to the recent 10,000 price.

Who could have imagined that its pseudonym maker, annoyed by the global banking oligopoly, launched a vague digital resource that competed for the world’s largest currency in less than a decade?

No religion, political movement or technology has ever seen this growth rate. Then again, humanity was never connected.

The concept of money

Bitcoin started out as an idea. Clearly, all money – be it shell money, gold bars or US dollars – used by the primitive islanders, began as an idea. The idea is that a network of users values ​​it equally and is willing to part with something of equal value for the size of your money.

Money has no underlying value; Its value is completely extroverted – only others think it is worth it.

Look at the dollar in your pocket – it’s just a one-eyed pyramid, a steeple portrait, and a piece of fancy paper with the signatures of important people.

To be useful, society must see it as a unit of account, and merchants must be willing to accept payment for goods and services.

Bitcoin has demonstrated an amazing ability to reach and connect to the network of millions of users.

The value of a bitcoin is only what the next person is willing to pay. But if the network continues to expand at an indicative rate, limited supply argues that prices can only go one way … higher.

Bottom line

Bitcoin’s nine-year uptrend has been marked by a huge push of instability There were 85% corrections in January 2015, and more than 60% in 2011 with a 93% drawdown.

With each of these modifications, however, the network (measured by the number of wallets) continues to expand rapidly. As some speculators have seen their prices fall, new investors in margins have seen prices and become buyers.

Unusual levels of volatility have actually helped the Bitcoin network reach 23 million users.

Hey, we might need some price volatility in Mutcoin to attract new users …

If you think you have missed the Internet profit revolution try cryptocurrency

Most people think of cryptocurrency when they think of cryptocurrency. Very few people seem to know what it is and for some reason everyone seems to talk about it as if they do. This report will hopefully unravel all aspects of cryptocurrency so that you can get a better idea of ​​what it is and what it is when you finish reading.

You may find that cryptocurrency is for you or you may not, but at least you will be able to speak with certainty and knowledge that others will not have.

There are many people who have already reached the status of millionaires by trading in cryptocurrencies. Obviously there is a lot of money in this brand new industry.

Cryptocurrency is an electronic currency, short and simple. However, what is not so short and simple is exactly how it has value.

Cryptocurrency is a digitized, virtual, decentralized currency produced through the application of cryptography, which, according to the Merriam-Webster Dictionary, is “computerized encoding and decoding of information”. Cryptography is the foundation that makes debit cards, computer banking and ecommerce systems possible.

Cryptocurrency is not supported by banks; It is not supported by a government, but by a very complex system of algorithms. Cryptocurrency is electricity that is encoded in complex strings of algorithms. What pays the price is their complexity and their security from hackers. The way cryptocurrencies are created is very difficult to reproduce.

Cryptocurrency directly opposes what is called fiat money. Fiat means currency that receives its value from government rule or law. The dollar, yen and euro are all examples. Fiat money is any currency defined as legal tender.

Unlike fiat money, another part of what makes cryptocurrency valuable is that, like commodities like silver and gold, it has a limited amount. Only 21,000,000 of these highly complex algorithms were created. Some more less. It cannot be changed by printing more, as the government prints more money to pump the system without backing up. Or a bank switches to a digital ledger, which would instruct the Federal Reserve banks to adjust to inflation.

Cryptocurrency is a means of buying, selling, and investing that tracks the movement of your money, completely avoiding both government oversight and the banking system. In an unstable world economy, this system could become a stable force.

Cryptocurrency also gives you a lot of anonymity. Unfortunately this can lead to misuse of cryptocurrencies by criminal elements for their own purposes just as regular money can be misused. However, it can also prevent the government from tracking your every purchase and invading your privacy.

Cryptocurrencies come in several forms. Bitcoin was the first and the standard from which all other cryptocurrencies patterned themselves. All are produced by fine alpha-numerical calculations from a complex coding tool. Some other cryptocurrencies are Litecoin, Namecoin, Peercoin, Dogecoin, and Worldcoin, to name a few. These are commonly called altcoins. The price of each is controlled by the supply of certain cryptocurrencies and the demand for that currency in the market.

The way cryptocurrencies have come into existence is quite impressive. Unlike gold, which has to be mined from the ground, cryptocurrency is an entry in a virtual laser that is stored on various computers around the world. These entries need to be ‘mined’ using mathematical algorithms. Individual users or, perhaps, a group of users perform computational analysis to find a specific series of data, called blocks. ‘Manira’ finds the data that creates the exact pattern of the cryptographic algorithm. At that point, it was applied to the series and they found a block. After matching the block equivalent data series algorithm, the data block is not encrypted. Mine is rewarded with a certain amount of cryptocurrency. As cryptocurrencies become scarcer over time, the amount of rewards decreases. Adding to this, the complexity of the algorithm in the search for new blocks has also increased. Mathematically, finding a matching series becomes difficult. These two situations combine to slow down the creation of cryptocurrencies. It mimics the difficulty and scarcity of mining a product like gold.

Now, anyone can be a miner. Bitcoin entrepreneurs have made mining tools open source, so it’s free for anyone. However, the computers they use run 24 hours a day, seven days a week. The algorithms are very complex and the CPU is completely tilted Many users have special computers that are specially designed for cryptocurrency mining. Both the user and the specialized computer are called minor.

The miners (people) also keep a record of transactions and act as auditors so that a coin is not counterfeited in any way. This protects the system from being hacked and run amok. They pay for this work by getting new cryptocurrencies every week that they maintain their operations. They keep their cryptocurrency in a special file on their computer or other personal device. These files are called wallets.

Let us summarize some of the definitions we have learned:

Cryptocurrency: electronic currency; Also called digital currency.

Fiat means: any legal tender; Government-backed, used in the banking system.

Bitcoin: The original and gold standard of cryptocurrency.

Altcoin: Other cryptocurrencies that are patterned by the same process as Bitcoin, but have slightly different coding.

• Miners: An individual or a group of individuals who dig digital coins using their own resources (computers, electricity, space).

o Also a special computer specially made for finding new currencies through computing series of algorithms.

Wallet: A small file on your computer where you store your digital money.

To summarize the concept of cryptocurrency system:

Electronic money.

Those coins are mined by people who use their own resources to find them.

A stable, limited currency system. For example, only 21,000,000 bitcoins are produced for all time.

No government or bank is required to make it effective.

• The price is determined by the amount of coins that are found and used which meet the demand of the people for their possession.

There are different forms of cryptocurrency, with Bitcoin first and foremost.

Can bring a lot of wealth, but, like any investment, there are risks.

Most people find the concept of cryptocurrency interesting. This is a new field that could be the next gold mine for many of them. If you find that cryptocurrency is something you want to know more about then you have found the right report. However, I have only touched the surface in this report. There is so much more to cryptocurrency than what I did here.

Which time frame should you choose to trade and which is the most profitable?

Most Forex traders have no idea how or why Forex prices go up and they make fundamental mistakes in the frame when trading. In this article, we will look at three popular time frames and see which are the best time frames to trade in your trading strategy.

In the Forex market, all the basic supply and demand news will be shown in the price action and so for the opinion of all the traders, so let’s divide the price action into 3 time frames.

Long term trend

Currency major trends that last from a few weeks to many months and they reflect the economic and political health of the country’s currency. These big fundamentals gradually change from expansion to contraction and that is why these tendencies have persisted for so long.

Medium term trend

Although the big fundamentals prevail in the long run, in the short run the sentiment of the traders can push the price much higher or lower and these are seen in the intermediate trends, in the big trends which can be either with the main trend or vice versa. Typically, this trend will last from a few days to a week.

Short term trend

This is an action in a day and really it is a trend not a random price action at all. Prices can go anywhere in a day and they do.

Which is the best time frame to trade?

From the above it is clear that long term trend trading can give you the most profit with the least amount of work. All you have to do is enter the trend and hold on to it – but follow the long-term trend, only suitable for a trader who is patient and disciplined.

Trading medium term trends can be very profitable and requires less patience and discipline than trading long term trends. You can make money in both time frames and what you choose will depend solely on your personality.

I haven’t mentioned day trading yet and it’s the most popular time frame for trading but it doesn’t give you any real chance of success. There is a big industry that sells junk robots and other, so-called less risky day trading and scalping techniques but they do not make money and do not harm day traders.

If you want to win in Forex trading, do not make the mistake that most people do and trade in the short term – trade in the long term and you will have adversity and you will be able to earn a great second income.

6 Benefits of Investing in Cryptocurrency

The birth of Bitcoin in 2009 opened the door to investment in a whole new type of asset class – the cryptocurrency. Enters the space path very quickly.

Interested in the immense potential of this new but promising asset, they bought crypto at a cheaper price. As a result, they have become millionaires / billionaires in the 2017 bull race. Even those who did not share too much have made decent profits.

Even after three years, cryptocurrency remains profitable, and the market is here. You may already be an investor / businessman or you are thinking of trying your luck. In both cases there is a complete digestive tract.

Cryptocurrency has a bright future

Credit and debit cards will become obsolete, according to a report by Imagine 2030 published by Deutsche Bank. Smartphones and other electronic devices will replace them.

Cryptocurrencies will no longer be seen as excluded but as an alternative to the existing monetary system. Their advantages, such as security, speed, minimum transaction fees, ease of storage and relevance in the digital age, will be recognized.

Concrete regulatory guidelines will popularize cryptocurrencies and increase their acceptance. The report predicts that there will be 200 million cryptocurrency wallet users by 2030 and about 350 million by 2035.

Opportunity to be part of a growing community

WazirX’s #IndiaWantsCrypto The campaign recently completed 600 days. It has become a huge movement in India supporting the adoption of cryptocurrency and blockchain.

Also, the recent Supreme Court ruling lifting the RBI’s crypto banking ban from 2018 has created a new wave of confidence among Indian bitcoin and cryptocurrency investors.

The 2020 Edelman Trust Barometer Report also points to people’s growing confidence in cryptocurrency and blockchain technology. According to the results, 73% of Indians believe in cryptocurrency and blockchain technology. 60% said that the effect of cryptocurrency / blockchain would be positive.

By being a cryptocurrency investor, you can be part of a prosperous and fast-growing community.

Possibility of increased profits

Diversity is an essential investment thumb rule. Especially at a time when most of the resources have been severely damaged due to the economic hardships caused by the Kovid-19 epidemic.

Although investing in Bitcoin has returned 26% since the beginning of the year, Gold has returned 16%. Many other cryptocurrencies have registered three-digit ROI. The stock market as we all know has posted disappointing performances. In April, crude oil prices plummeted to below zero.

Incorporating Bitcoin or any other cryptocurrency into your portfolio will protect the value of your funds in such uncertain global market conditions. This fact was affected when billionaire macro hedge fund manager Paul Tudor Jones announced plans to invest in Bitcoin a month ago.

The cryptocurrency market is open 24X7X365

Unlike normal markets, cryptocurrency markets operate year-round, year-round without fatigue. This is because digital currency systems are primarily designed using pieces of software code that are protected by cryptography.

Operational blueprints do not involve human intervention. So, you can trade crypto or invest in digital assets whenever you want. That’s a great advantage! Cryptocurrency markets are very efficient that way.

For example, Bitcoin has successfully processed transactions with 99.98% uptime since its inception in 2009.


No paperwork or formalities required

You can invest in Bitcoin or any other cryptocurrency anywhere and anytime without any unnecessary terms and conditions.

Unlike conventional investment options, where unreasonably high amounts of documentation are required to prove oneself as a ‘recognized investor’, crypto-investment is free for all. Indeed, that was the purpose behind the introduction of cryptocurrency. Democracy of money / money.

To buy any cryptocurrency WazirX, You need to open an account for which you need to provide some basic details including your bank account information. Once they are verified, in a few hours, you can go.

Sole proprietorship in investment

When you buy Bitcoin or any other cryptocurrency, you become the sole owner of that particular digital asset. The transaction takes place in a peer-to-peer system.

Unlike bonds, mutual funds, stock brokers, no third party manages your investment for you. Call buying and selling shots whenever you want.

User autonomy is one of the biggest advantages of a cryptocurrency system that offers the incredible opportunity to ‘individually’ invest in your core capital and create a corpus.

These are just some of the goal setting shareware that you can use. We hope you find these useful and reliable enough to embark on your crypto investment journey.

ICO Token Evaluation and Improper Emphasis on Blockchain Technologists and ICO Advisors

Statistics can no longer be ignored. Once the tokens are received on the crypto exchange, after the frenzy of joining Crowdsell and the ‘FOMO’ is over, most ICOs tank and stay in the tank.

While most observers of the ICO phenomenon have unanimously agreed that there has been a tendency for ICOs to lose post-CrowdSell prices over the past few months, many buyers waited in vain for their promised ‘moon’, once the portal hit the cryptocurrency exchange.

However, what is not being discussed is why we are witnessing this phenomenon, and the participants in a crowdsell, including the rating companies we mostly rely on to make a choice, must be mistaken in choosing the most valuable ICO, or the crowdsell is over. If so, there is a good chance of price increase.

While there are many reasons why anyone could legitimately propose this incident, there is one fact that I think is probably more responsible for this than other controversial factors: ICO token evaluation and ‘blockchain experts’, ‘misrepresentation of ICO advisers’ or ‘Technical WhiskeyKids’ for erc20 tokens.

I have always thought that the requirements of blockchain technology experts or ICO technical consultants are exaggerated, or even completely misunderstood, when a project is judged by those criteria, unless the project actually tries to create a new currency concept. For most ERC20 tokens and Copicat coins, the real important consideration should be the business plan behind the tokens and the managerial predecessor and executive profile of the team leaders.

Anyone involved in the industry should know that creating ERC20 tokens from Ethereum or similar tokens from other cryptocurrencies does not require great technical skills or the need for an overrated blockchain advisor (in fact, there is an ERC20 token in less than 10 minutes with new software Can be done by a complete technical novice.

So it shouldn’t be a big deal for technical tokens anymore). The main business plan should be; Level of business experience; The skills of the project leaders and the funding of the core company’s business marketing strategy.

Honestly, as an attorney and business consultant at various companies around the world for over 30 years, I don’t understand why people are looking for some Russian or Korean or Chinese ‘crypto whiskey’ or ‘crypto adviser’ to determine the strength of the ICO. What is a crowdfunding campaign for a business idea …

I am a firm believer that this is one of the main reasons why most ICOs do not adhere to their pre-launch hype. In an age where there is a plethora of token-making software, platforms and freelancers, the uneven focus on blockchain experience or the technical prowess of promoters often goes wrong. It’s like trying to build a good website or app based on the skills of its employees to value a company’s potential success. That train left the station long ago with the spread of technology at freelancing sites like Guru; Upwork, Freelancer and even Fiverr.

People who were promoting an ICO, especially the ERC20 Ethereum based token, seemed overwhelmed by the hype and technical merits of the people and then wondered why a technically superior Russian, Chinese or Korean could not end the company’s business after promoting fundraising. .

Even many of our ICO rating companies, instead of focusing on the underlying business model, allocate an inconsistent number of points to the team members’ crypto experience, how many crypto advisors they have, and their ICO success experience in their team. Will be made with the funds raised

Once one realizes that more than 90% of cryptocurrencies and ICOs have created tokens to raise crowdfunds for just one idea, and not just tokens for tokens, the public’s emphasis will shift from technical angles to more relevant evaluation work. The business concept itself, and the corporate business plan.

Once we have entered this era of valuation before deciding to buy or invest in cryptocurrency, then we will begin to evaluate future prospects or the value of our tokens based on proper business considerations such as:

– Swot analysis of the company and its promoters

– Managerial skills and experience of team leaders

– Strength of business concept outside of creating a token

– The company’s marketing plan and strategy to sell those ideas

– Ability to supply underlying products in the market

– Customer base for products and services created by the company

– and the basis for adoption in the market place

What most people fail to realize is that the value of their tokens in post-ICO growth is not so much dependent on anything technical as it is on the good things fundraising in the company and the perceived growth in the company’s valuation. It creates its business plan and delivers its business products.

Of course, buying cryptocurrency is not buying stock, and it is not buying any company’s securities. We’ve got it, but tokens react in the same way that stocks respond to good news or bad news about a company. The only difference is that in the case of cryptos, the effect is multiplied 100 times.

So, when a company meets some financial or business milestones, the price of its tokens on the exchange will go up … and when nothing good is happening it will go down quickly. So, what the company will do after ICO and how it will do it is very important for anyone who does not want to see the value of their tokens and wants to stay down forever.

Of course, after the ICO, when tokens hit the crypto exchange, most tokens will go down, because those who want to make an immediate profit, but whether it will return to give you the expected multi-digit profit will always depend on the criteria. I already outlined above. After you purchase a token, the value of ‘Crypto Advisors’ and ‘Technical Whiskey Kids’ goes to zero with the probability of your token on the moon.

Following this reality, I think a smart crypto buyer or investor should focus less on how many crypto advisors a project has or how technically good the team is (unless the company’s underlining business is technical in nature) and focus more on managerial. Marketing and raising funds through an ICO to the company’s potential customer base.

In other words, allocate more points to the ICO’s business and management terms than technical terms that won’t help your token in the market when withdrawing money!

Cryptocurrency for beginners

In the early days of its launch in 2009, thousands of bitcoins were used to buy a pizza. Since then, after the cryptocurrency meteorite rose to US $ 65,000 in April 2021, it dropped by almost 70 percent to about US $ 6,000 by mid-2018, much to the dismay of many people – cryptocurrency investors, traders or general curious people Miss.

How it all started

Remember that dissatisfaction with the current financial system has led to the development of digital currency. The development of this cryptocurrency is based on Satoshi Nakamoto’s blockchain technology, a pseudonym apparently using a developer or group of developers.

Despite many opinions predicting the demise of cryptocurrency, the effectiveness of Bitcoin has inspired many other digital currencies, especially in recent years. The success of crowdfunding brought on by blockchain fever has also attracted them to scandalize the undoubted public and it has come to the notice of regulators.

Outside of Bitcoin

Bitcoin has inspired many other digital currencies, with more than 1,000 versions of digital coins or tokens now available. These are not all the same and their values ​​vary greatly as their liquidity.

Coins, altcoins and tokens

Suffice it to say that there are subtle differences between coins, altcoins and tokens at the moment. Altcoins or alternative coins usually describe other than the advanced bitcoin, although altcoins such as ethereum, litecoin, ripple, dogecoin and dash are considered the ‘major’ categories of coins, meaning they are traded on more cryptocurrency exchanges.

Coins act as a currency or value store where tokens use resources or utilities, an example being a blockchain service that manages the supply chain to validate and track wine products from wineries to consumers.

One thing to note is that low-priced tokens or coins offer the opposite opportunity but do not expect the same kind of meteor growth as Bitcoin. Simply put, lesser known tokens may be easier to buy but harder to sell.

Before entering into a cryptocurrency, start by studying the trading strategies described in the white paper, including each initial currency offer or ICO, such as pricing and technical considerations.

For those familiar with stocks and shares, this is not like an initial public offering or an IPO. However, IPOs are issued by companies with real assets and a business track record. It is all done in a controlled environment. On the other hand, an ICO is based entirely on an idea proposed by a business on a white paper – still functional and without resources – which is looking for funding to start.

Uncontrolled, so buyers beware

‘Unknown things that cannot be controlled’ is probably the sum of the situation with digital currency. Regulators and regulators are still trying to catch up with cryptocurrencies that are constantly evolving. The golden rule of crypto space is ‘cavit emptor’, let the buyer be careful.

Some countries are keeping an open mind to adopt a hands-off policy for cryptocurrency and blockchain applications, and are directly monitoring scams. Yet regulators in other countries are more concerned with the disadvantages than the benefits of digital money. Regulators generally recognize the need for balance, and some are looking at existing securities laws to try to handle one of the many tastes of cryptocurrency worldwide.

Digital Wallet: The First Step

A wallet is essential for getting started in cryptocurrency. Think e-banking but subtract the protection of the law in the case of virtual currencies, so security is the first and last thought in the crypto space.

Wallets are digital type. There are two types of wallets.

  • A hot wallet connected to the Internet that puts users at risk of being hacked

  • Cold wallet that is not connected to the Internet and is considered secure.

In addition to the two main types of wallets, it should be noted that one is for cryptocurrency and the other is for multi-cryptocurrency. There is also the option of having a multi-signature wallet, somewhat like having a joint bank account.

The choice of wallet depends on the user’s choice of whether they are purely interested in Bitcoin or Etherium, as each currency has its own wallet, or you can use a third-party wallet that incorporates security features.

Wallet notes

The cryptocurrency wallet contains a public and private key with a record of personal transactions. Public key includes references to cryptocurrency accounts or addresses, not unlike the name used to receive check payments.

The universal key is available for public viewing, but transactions are confirmed only after verification and validation based on the relevant consensus process with each cryptocurrency.

The personal key can be considered as a PIN that is commonly used in e-financial transactions. This follows that the user should never disclose a private key to anyone and should back up this data which should be stored offline.

It is understandable to have a minimum cryptocurrency in a hot wallet while a large amount should be in a cold wallet. Losing a personal key is as good as losing your cryptocurrency! The usual precautions apply to online financial transactions, ranging from having strong passwords to warnings of malware and phishing.

Wallet format

Different types of wallets are available according to individual preferences.

  • Hardware wallet made by a third party to buy. These devices work somewhat like USB devices that are considered secure and only stay connected when the Internet is needed.

  • Web-based wallets offered by crypto exchanges are considered hot wallets, putting users at risk.

  • Software-based wallets for desktop or mobile are mostly available for free and may be provided by a currency issuer or a third party.

  • Paper-based wallets can be printed in QR code format with relevant data related to proprietary cryptocurrencies, including public and private keys. They should be kept in a safe place until they are needed during crypto transactions and should be copied in case of accident such as loss of water or fading of printed data over time.

Crypto Exchange and Marketplace

Crypto exchanges are trading platforms for those interested in virtual currencies. Other options include websites for direct transactions between buyers and sellers as well as brokers where there is no ‘market’ value but it is based on agreement between the parties to the transaction.

So, there are many crypto exchanges in different countries but the security practices and infrastructure standards are different. Allows anonymous registration starting from which only email is required to open an account and start trading. However, there are some that require users to comply with international identity verification, known as No-Your-Customer, and the Anti-Money Laundering (AML) system.

The choice of crypto exchange depends on the user’s preference but anonymous trading may be limited to the permitted levels or may suddenly be subject to new rules in the exchange’s residential country. Minimal administrative procedures, including anonymous registration, allow users to quickly start trading while KYC and AML processes take longer.

All crypto trades need to be properly processed and verified depending on the amount of coin or token being traded and traded which can take minutes to hours. Scalability is known as a problem of cryptocurrencies and developers are working on ways to find a solution.

Cryptocurrency exchange in two sections.

  • Fiat-cryptocurrency offers such exchanges for the purchase of Fiat-cryptocurrency through bank or credit and debit cards or by direct transfer via ATM in some countries.

  • Cryptocurrency only. There, crypto exchanges only trade in cryptocurrencies, meaning that customers must already own a cryptocurrency – such as Bitcoin or Etherium – to ‘exchange’ for other coins or tokens based on market rates.

Fees are charged for the convenience of buying and selling cryptocurrencies. Users should research to be satisfied with the infrastructure and security measures as well as determine the comfortable fees they charge at different rates charged by different exchanges.

Don’t expect a common market price for the same cryptocurrency with the difference exchange It may be worthwhile to spend time researching the best prices for coins and tokens of interest to you.

Online financial transactions carry risks and users should be aware of warnings such as two-factor authentication or 2-FA, the latest security measures and phishing scams. A golden rule of phishing is not to click on the links provided, no matter how authentic a message or email is.

Which cryptocurrency is better to invest in?

The price of Bitcoin has risen this year, surpassing even one gold-ounce. There are also new cryptocurrencies on the market, which is even more amazing which brings the value of cryptocurrencies up to one hundred billion. On the other hand, the long-term cryptocurrency-outlook is somewhat unclear. There is a conflict of interest among its main developers which makes it less attractive as a long-term investment and financing system.


Still the most popular, Bitcoin is the cryptocurrency that started. It currently has the largest market cap of about 41 41 billion and has been around for the past 8 years. Throughout the world, Bitcoin has been widely used, and so far it has not been easy to exploit the weaknesses in the way it works. As both a payment system and a saved price, Bitcoin enables users to easily accept and send Bitcoin. The idea of ​​blockchain is the basis of bitcoin. To understand what cryptocurrencies are, one needs to understand the concept of blockchain.

Simply put, a blockchain is a database distribution that stores each network transaction as a piece of data called a “block”. Every user has a blockchain copy so when Alice sends 1 bitcoin to Mark, everyone on the network knows it.


An alternative to Bitcoin, Lightcoin seeks to solve many of the problems that plague Bitcoin. It is not as resilient as Ethereum, the value of which is largely derived from the acceptance of hard users. It is worth noting that Charlie Lee, former Googler led Litecoin. He is practicing transparency in what he is doing with Litecoin and is quite active on Twitter.

Litecoin has been Bitcoin’s second flute for some time but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Later, Bitcoin fixed the Bitcoin problem by adopting the technology of Segregated Witness. This has given it the ability to lower transaction fees and make more. The reason for the decision, however, was when Charlie Lee decided to keep his only focus on Litecoin and even left Coinbase, where he was the only engineering director for Litecoin. For this reason, the price of Litecoin has risen in the last few months and its strongest factor is that it can be a real alternative to Bitcoin.


Vitalik Buterin, the superstar programmer, thought about Ethereum, which Bitcoin could do. Its purpose, however, is primarily to be a platform for creating decentralized applications. Blockchains are the difference between the two. Basically, Bitcoin’s blockchain records the type of a transaction that tells whether funds have been transferred from one digital address to another. However, there are significant extensions with Etherium because it has a more advanced language script and offers more complex, broader applications.

Projects begin to sprout over Etherium as developers begin to notice its better qualities. Through the Token Crowd Sale, some have even raised millions of dollars and this is still an ongoing trend. You can create amazing things on the Ethereum platform that makes it almost like the internet. As a result, the price has skyrocketed, so if you bought Ethereum for এক 100 earlier this year, it wouldn’t be worth about $ 3000.

Mind you

Monero aims to solve anonymous transaction problems. Even if the coin is considered a form of money laundering, Monero aims to change it. Basically, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain where every transaction is public and recorded. With Bitcoin, anyone can see how and where the money has been moved. Although Bitcoin has some incomplete anonymity. In contrast, Monroe has an opaque rather than a transparent transaction method. No one is sold this way but since some people prefer privacy for any purpose, Monero to stay here.


Unlike Monero, Zcash’s goal is to solve bitcoin problems. The difference is that instead of being completely transparent, Monero is only partially universal in its blockchain style. Zcash also aims to solve the problem of anonymous transactions. After all, not everyone likes to show how much money Star Wars actually spent on souvenirs. Thus, the conclusion is that this type of cryptocurrency really has an audience and demand, although it is difficult to point out that any cryptocurrency that focuses on privacy will eventually come to the fore.


Also known as “smart tokens”, bankers are the new generation value of cryptocurrency that can hold multiple tokens in reserve. Basically, bankers try to make it easier to trade, manage and create tokens by increasing their liquidity level and keeping their automatic market value. At the moment, there is a product in front of the banker which includes a wallet and a smart token. There are also community features such as statistics, profiles and discussions. In short, the banker’s protocol enables the discovery of a built-in value for liquidity for smart contract tokens through a process of innovative reserves. With Smart Agreement, you can instantly cancel or purchase any token in the banker’s reserve. With Banker, you can easily create new cryptocurrencies. Who wouldn’t want that now?


Ethereum’s other competitor promises to solve Ethereum’s scaling problem by providing a set of more powerful tools for running and creating apps on the EOS platform.


An alternative to Ethereum, Tezos can be upgraded without much effort with consent. This new blockchain is decentralized in the sense that it is self-governing through the establishment of a digital true Commonwealth. It simplifies the mathematical technique called formal verification and has the security-enhancing features of the most financially weighted, sensitive smart contract. A great investment in the months ahead.


It is incredibly difficult to predict which bitcoin will become the next superstar on the list. However, user acceptance is always a key to success when it comes to cryptocurrency. Both Ethereum and Bitcoin have it, and even though there is a lot of support from the initial recipients of each cryptocurrency on the list, some have yet to prove their worth. However, these are investments that need to be looked at in the coming months

A brief history of Bitcoin

Bitcoin is the world’s leading cryptocurrency. It is a peer-to-peer currency and transaction system based on a decentralized consensus-based public ledger called Blockchain that records all transactions.

Now Bitcoin was designed by Satoshi Nakamoto in 2008 but it is a product of decades of research into cryptography and blockchain and not just the work of one person. The dream of cryptographers and free trade proponents to have a borderless, decentralized currency based on blockchain. With the growing popularity of Bitcoin and other altcoins around the world, their dream has now become a reality.

Now in 2009 cryptocurrency was first placed on a consensus-based blockchain and in the same year it was traded for the first time. In July 2010, Bitcoin was priced at just 8 cents, and the number of minors and nodes is much lower than the thousands at the moment.

Within a year, the new alternative currency has risen to 1 and is becoming an attractive prospect for the future. Mining was relatively easy and people made good money doing business and in some cases even paid for it.

In six months, the currency has doubled to $ 2. Although the price of Bitcoin is not stable at a certain price point, it has been showing this pattern of insane growth for some time. At one point in July 2011, the currency became obsolete and achieved a record-high $ 31 price point but the market soon realized that it was worth more than the gains made on the ground and corrected it back to $ 2.

December 2012 saw a healthy rise to 13 13 but soon, the price is about to explode. In the four months to April 2013, prices rose to 26 266. It later corrected itself back to $ 100 but this astronomical rise in price raised it to stardom for the first time and people started arguing with Bitcoin about a real real-world scenario.

That’s when I got acquainted with the new currency. I was skeptical but as I read more about it, it became clear that the currency was the future because there was no one to manipulate it or force itself on it. Everything had to be done with complete consensus and that is what made it so strong and free.

So 2013 was a landmark year for the currency. Big companies began to publicly accept Bitcoin and blockchain became a popular topic for computer science programs. Many then thought that Bitcoin had fulfilled its purpose and now it would be settled.

But, as the currency became more popular, Bitcoin ATMs were set up around the world and other competitors began to flex their muscles in different corners of the market. Ethereum created the first programmable blockchain and Litecoin and Ripple launched themselves as a cheap and fast alternative to Bitcoin.

The 1000 1,000 magical figure was first breached in January 2017 and has already quadrupled since September. This is a truly remarkable achievement for a coin that was worth only 8 cents seven years ago.

Bitcoin even survived the hard fork on August 1, 2017, and has grown nearly 70% since then, even fork bitcoin cash has been able to post some success. This is entirely due to the application of coins and the stellar blockchain technology behind them.

While conventional economists argue that this is a bubble and the whole crypto world will collapse, this is not exactly the case. There is no such bubble as it is an observable fact that it has actually eaten up the shares of Fiat Currency and Money Transaction Corporation.

The future of Bitcoin is very bright and it is not too late to invest in it in both short term and long term.

The "Experts" Crypto is all wrong

Bitcoin reached a high of about $ 20,000 about a month ago, on December 17th. As I write, the cryptocurrency is below $ 11,000 … a loss of about 45%. More than that $ 150 billion In the lost market cap.

Crypto-comments indicate a lot of rubbing of hands and feet and brushing of teeth. It’s neck-to-neck, but I think the “I-you-so” crowd is more than the “excuses”.

Here’s the thing: if you don’t just lose your shirt on Bitcoin, it doesn’t matter at all. And chances are, the “experts” you see in the press aren’t telling you why.

In fact, the collapse of Bitcoin is amazing … because it means we can all stop thinking about cryptocurrency.

Death of Bitcoin …

Within a year, people will not talk about Bitcoin in grocery stores or on bus lines, as they are now. The reason is here.

Bitcoin is a product of fair frustration. Its designers have explicitly stated that cryptocurrency is a reaction to government misuse of fiat currencies such as the dollar or the euro. It was supposed to provide an independent, peer-to-peer payment system based on a virtual currency that could not be underestimated, since they had a limited number.

That dream has long since become a jetty for raw speculation. Ironically, most people care about Bitcoin because it seems like an easy way to get more Fiat currency! They don’t own it because they want to buy pizza or gas with it.

As well as being a formidable way to transact electronically – it is painfully slow – the success of Bitcoin as a speculative game has made it useless as a currency. Why would anyone spend it if it is appreciated so quickly? Who will take it when it is quickly devalued?

Bitcoin is also a major source of pollution. It only takes 351 kilowatt-hours of electricity to process a transaction – which releases 172 kilograms of carbon dioxide into the atmosphere. That’s enough to power an American family for a year. The energy used by all bitcoin miners to date could power about 4 million U.S. households a year.

Unusually, the success of Bitcoin is as old as time Guessing game – Not its planned liberal use – has attracted official crackdowns.

China, South Korea, Germany, Switzerland and France have imposed or are considering imposing restrictions on Bitcoin trading. Several intergovernmental organizations have called for concerted action to curb the bubble. The US Securities and Exchange Commission, which once considered the possibility of approving bitcoin-based financial derivatives, now seems hesitant.

And according to “The European Union is enforcing strict rules to prevent money laundering and terrorist financing on virtual currency platforms. It is also looking at the limits of cryptocurrency trading.”

We may one day see a functional, widely recognized cryptocurrency, but it will not be Bitcoin.

… but a boost for crypto resources

Good. Getting Bitcoin allows us to see where the real value of crypto assets is. Here’s how.

To use the New York subway system, you need a token. You can’t use them to buy anything else … though you Can Sell ​​them to anyone who wants to use the subway more than you do.

Indeed, with a limited supply of subway tokens, a vibrant market could emerge for them. They can even trade much more than their original cost. It all depends on how many people Would like To use the subway.

This is, in short, the scenario of the most promising “cryptocurrency” except Bitcoin. They are not money, they are Token – “Crypto-token,” if you wish. These are not used as ordinary currency. They are good at the platform they were designed for.

If those platforms provide valuable services, people will want those crypto-tokens and it will determine their value. In other words, crypto-tokens will be worth as much as the people paying for the things you can get for them from their respective platforms.

That will make them Real resourcesWith The underlying value – Because they can be used to get something that people value. That means you can reliably expect a stream of revenue or services from owning such crypto-tokens. Critically, you can measure that stream of future returns against the value of a crypto-token, just as we do when we calculate the price / earnings ratio (P / E) of a stock.

In contrast, Bitcoin has no underlying value. It has only one price – the price determined by supply and demand. It cannot create a future income stream and you cannot measure anything like P / E ratio for it.

One day it will be worthless because it will not get you anything real.

The future of ether and other crypto resources

Crypto-token ether is guaranteed I think so Like a coin. It is traded on cryptocurrency exchanges under the code ETH. Its symbol is the Greek capital letter Xi. It is mined in a process similar to Bitcoin (but less energy-intensive).

But ether is not a coin. Its designers described it as a “fuel for managing the distributed application platform Ethereum. It is a form of payment paid to the machine to run the activities requested by the platform’s clients.”

Ether Token gives you access to one of the most sophisticated distributed computing networks in the world. It is so promising that big companies are falling on top of each other to develop practical, real-world uses.

Because most people who trade it don’t really understand or care about its real purpose, the price of ether has bubbled up and blurred in recent weeks like Bitcoin.

But eventually, Ether will return to a stable price based on the demand for computing services that it can “buy” for people. That would represent the price Real value That might be worth it in the future. It will have a futures market and exchange-traded funds (ETFs), as everyone will have a way to evaluate its underlying value over time. Just like we do in the case of stocks.

What will be the value? I have no idea. But I know it will be much more than bitcoin.

My advice: Get rid of your bitcoin and buy ether at the next dip.

Cryptocurrency – the way forward and the possibilities

Cryptocurrency tends to get better every day. Like your viral posts on social media, it continues to increase your resources A contagious financial tool for a good portfolio and a catalyst for growth. An interesting fact is that there are more than 5000 cryptocurrencies.

2021 has been a great year, but where do we go from here?

Let us make the situation bigger here. Both Bitcoin and Ethereum have touched high bar of performance. Long-term investors are relying on it. As you read this article, there may be more wonderful news about cryptocurrency. I will try to highlight the future possibilities of cryptocurrency here.

There are currently new rules. They are under the carpet. Measures have been taken to reduce the risk from cyber criminals. The purpose is to make this investment a safe tool for people. For example: China declared in September that all cryptocurrency transactions were illegal. Clear regulations will remove all obstacles to make it a safe trade.

How will the new regulations affect investors?

It will be easier to track IRS tax evasion. Investors can keep a transparent record of transactions. For example: It would be easy to record a capital gain or loss on a crypto-asset. On the other hand, fluctuations in cryptocurrency prices will also affect the market.

ETF Approval – An Important Thing to Consider

Bitcoin ETF debuted on NYSE. This will help investors to purchase cryptocurrencies from existing investment firms. Due to increasing demand, both equity and bond markets cope with it. Let’s look at it from the investor’s point of view. The easy availability of cryptocurrency assets helps people to buy them without any hassle. If you plan to invest in Bitcoin ETFs, keep in mind that the risks are the same as for other cryptocurrencies. You have to be willing to take risks. Otherwise, it is useless to invest your money.

What will happen in the future?

Bitcoin is the best in the crypto market. It has the highest market capitalization rate. In November 2021, the price rose to 000 68,000. The rate was $ 60,000 in October and $ 30,000 in July. There are high fluctuations in market prices. Experts recommend keeping the market risk below 5% for cryptocurrencies in the portfolio. People are optimistic about short-term growth. One reason to consider the volatility of Bitcoin prices. If you want to play for a long time, short term results will not affect you.

It is not a good idea to look at a corner from it to increase your wealth. In addition to cryptocurrency, stick to traditional investment tools. For example: If you want cryptocurrency as a tool to save for your leisure, then it is time to reconsider your decision. Keep your investments small and diversify them. This will reduce the risk factor. At the same time, you will have more time to think about cryptocurrency.

You need to spend your money wisely and then invest in cryptocurrency. One must evaluate the risk factor associated with it and make a decision. I hope this article helps you.