The Book about Cryptocurrency № 1. Viacheslav Nosko
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Название: The Book about Cryptocurrency № 1
Автор: Viacheslav Nosko
Издательство: Издательские решения
Жанр: О бизнесе популярно
isbn: 9785449625182
isbn:
IOTA – an open source cryptocurrency, DLT (distributed ledger)is based on the DAG (directed acyclic graph), is intended for secure and efficient data transfer and payments without fees between devices in the Internet of Things (IoT).
The next ten of the most popular cryptocurrency looks like this: Tether, TRON, Monero, NEO, Dash, Ethereum Classic, NEM, Tezos, Binance Coin, VeChain.
Is it easy to work on the cryptocurrency market?
The purpose of this book is to tell newbies about the crypto market and to show that everyone can earn in crypto. You do not need to have any special education; you do not need to buy a super-power computer.
To start working with cryptocurrency, you do not need too much money. Your first investment can be $ 100.
Judging by these criteria, then yes, it is easy to work on the market.
If you come just to play, and then, after losing your money, get out of here disappointed.
However, there is another possible way. It is easy to work on the market, but it is necessary to be patient and to start investing your time in learning the rules of the game.
But first, decide: what purposes do you need cryptocurrency for, what do you plan to do on the market? In general, it is useful to be determined with your goals every time you plan something new in your life.
What goals can be in working with crypto?
The goal is to save your own funds. Save them from inflation and denomination by the government. To do this, you can compile a portfolio from the top 5 leading cryptocurrencies, and do not worry when Bitcoin suddenly goes down.
The goal is to make quick money on cryptocurrency. This goal is both real and risky enough. Why? The market is lively, it has high volatility, the situation can change in a matter of hours on it, so you need to constantly watch and check the portfolio every day. It is also necessary to know the mathematical laws how you should invest in this or that currency. The chances that one or another coin will fly several dozen times up are small. It is the same as winning the lottery. Luck or unluck? The answer is: the lucky one is who professionally enter the market and professionally make a portfolio. At the same time, “quickly” can be from six months to a year. And not a month, for example, how some inexperienced “hamsters” dream about it.
The goal is to become a trader and manage other people’s portfolios. Thi is an excellent goal that allows you not to spend your money but immediately take control of other people’s assets. However, before you go into consulting and portfolio management, you need your own experience and successful cases.
Goals can change, and this is OK. You want to become a trader, you understand that this is not for you, but you will leave some of your assets in Bitcoins and Ethers just in case. Or you enter the market carefully to look around, but eventually you will get involved and learn a new profession.
They say that in order to become an ace, a pilot needs to fly 10,000 hours on a plane. It may take less time to become a professional in cryptocurrencies, but, at least, you have to begin to understand the market movements, keep abreast, see how the news in the media and Twitter can move the market – it takes several weeks or even months.
Your advantage, in comparison with what we were three years ago, is that you will get much knowledge many times faster than we did. Good luck!
Where can I quickly find information regarding crypto?
Do you want to be a successful crypto trader and eact quickly to all market movements?
The first and most important skill that you should obtain when working with cryptocurrency is the skill of dealing with information.
Working with information means being able to search, analyze, study and record everything that is connected directly or indirectly with your topic.
As well as the ability to verify the accuracy of the information.
For the evaluation of any incoming information, the following criteria are important: validity, timeliness and reliability of the source.
In the crypto money world, decisions should be taken quickly; it happens that the situation with the rates of coins changes in a matter of hours. One careless tweet can both help “fly up” the coin or collapse it.
Our advice! Follow the official Twitter accounts of each cryptocurrency. Do not wait until this information is processed by the media, translated and replicated.
Where can I find information regarding official sites, Twitter accounts and other important news?
First of all, we suggest to bookmark this site in your browser. https://coinmarketcap.com/
This is a portal which all information about cryptocurrencies existing in the world is accumulated on.
Here, in dynamics, you can see at what rate the coins are offered, how many coins there actually are on the market now, which exchanges they are traded on.
The site is convenient because there are different language versions, it has an understandable interface, and you can get comprehensive information about each coin: cost, dynamics, links to official sites, Twitter, etc.
Official websites of the most popular coins:
Bitcoin – https://bitcoin.org/
Ethereum – https://www.ethereum.org Ripple – https://ripple.com/xrp
EOS – https://eos.io
Cryptocurrency topic forum – https://bitcointalk.org/.
Pro Blockchain Media project:
YouTube – http://www.youtube.com/c/PROBLOCKCHAIN
Website – https://pro-blockchain.com/
Telegram – https://t.me/Pro_Blockchain
VK – https://vk.com/problockchain
Twitter – https://twitter.com/PRO_BLOCKCHAIN
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