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Everything you need to know about Cryptocurrency

Cryptocurrency is the digital asset which works like the process of exchange which uses the strong cryptography for securing the financial transactions, verification of asset transfer and the formation of further units.

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Everything you need to know about Cryptocurrency

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  1. Everything you need to know about Cryptocurrencies

  2. What is Cryptocurrency • Cryptocurrency is an internet-based medium of exchange which uses cryptographical functions to conduct financial transactions.  • Cryptocurrencies can be sent directly between two parties via the use of private and public keys. • Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability. • The value of any cryptocurrency at any given time depends on supply and demand. 

  3. Types of Cryptocurrencies Jings Coin JINGS Coin is different & secure than any other currency you've used before, JINGS Coin is a decentralized public platform that run based on a blockchain. 2. Bit Coin Bitcoin is the first decentralized cryptocurrency that uses blockchain technology to facilitate peer-to-peer payments.

  4. 3. Litecoin Litecoin is a fork of bitcoin designed as an alternative to improve the speed and scalability of peer-to-peer transfers. 4. Ethereum Ethereum is a platform that uses blockchain technology to enable the creation of smartcontracts. Smart contracts are bits of code that can be written to the blockchain

  5. HOW CAN I GET CRYPTOCURRENCIES • It’s relatively easy to purchase most cryptocurrencies — and considerably more difficult to unload them. • here are also called digital wallets that enable you to keep cryptocurrencies yourself and send funds to others with relative ease.

  6. IS IT SECURE? • Cryptocurrencies are usually built using blockchain technology. • Cryptocurrency got its name because it uses encryption to verify transactions. • This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to public ledgers. • The aim of the encryption is to provide security and safety.

  7. 4 Tips to Invest in CryptocurrencySafely 1. Research Exchanges : Before you invest one dollar, learn about cryptocurrency exchanges. These platforms provide the means to buy and sell digital currencies, but there are 500 exchanges to choose from, according to gobitage.com. 2. Know How to Store Your Digital Currency : If you buy cryptocurrency, you have to store it. You can store it on an exchange or in a digital "wallet,“. While there are many different kinds of wallets, each has its own benefits, technical requirements and security.

  8. 3. Diversify Your Investments Diversification is a key to any good investment strategy, and it holds true when you are investing in cryptocurrencytoo. There are thousands of options, and it's best to spread your investment around to several currencies. 4. Prepare for Volatility The cryptocurrency market is a volatile one, so be prepared for ups and downs. You'll see dramatic swings in prices. If your investment portfolio or mental wellbeing can't handle that, cryptocurrency might not be a wise choice for you.

  9. Advantages Better Security Access to everyone Lower Fees

  10. Grow your Cryptocurrency

  11. Universal Recognition Asset Transfers Anonymity

  12. Disadvantages • It can be difficult to understand • Uncertainty and volatility • Still not accepted by all • No way to reverse the payment • Losing wallet • Problem of scaling

  13. TOP 5 DAY TRADING CRYPTOCURRENCY STRATEGIES 1. Learn the basics of blockchain technology. 2. Research each coin you want to trade in. 3. Cryptocurrency trading platform. 4. Learn the basics of day trading. 5. Use day trading orders wisely..

  14. Developing Increased Security in Crypto

  15. Contact Us Website : https://www.gobitage.com Gmail Us : gobitage19@gmail.com

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