Learn about the Cryptocurrencies -Explain

Very often you hear about many cryptocurrencies so much that we don’t even know what to believe and what to think, but let me clarify the ideas about what they are.

What are the Cryptocurrencies?

cryptocurrencies are encryption-based programming codes that make it difficult to trace, there are thousands of cryptocurrencies but many of them are just tokens or other merchandise for sale and often do not know the differences, of course there are the main ones like Bitcoin, Ethereum, Litecoin and many others. Cryptocurrencies have their own autonomous operating system, they are not linked to banks or political states, obviously some nations have integrated them as a payment system for some goods

Crypto & token

We all know that with cryptocurrencies you can do mining, in fact this phenomenon in recent years has increased, but few know that instead, the Tokens are derivatives of crypto, as a result you can not do mining, but only buy, sell or trade.

The main cryptocurrencies

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple XRP
  • NEO
  • ecc…

This world of crypto, however, unlike the shares on the stock exchange, is based on speculation, that is, the purchase of an asset that hopefully increases in value over time. Of course, even the buying and selling of large sums of money by wealthy influential people means that their value increases or decreases, as a result also thanks to the news. You can do trading and you can live doing this, just study and understand the basics and strategies.

“it costs $0.00 to think like a billionaire”

DISCLAIMER: This is for educational and demonstration purposes only, Not a financial advice, and you should always do your own research on stocks , penny stocks and the stock market, results are not typical, Research brokers to use.

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