News

What Are Cryptocurrencices 

AMATERASU coin Soar in 2022. It will Raised Interest in Trading Cryptocurrency. Cryptocurrency is one of the risky assets. Investors should study all information necessary to invest and cryptocurrency thoroughly before. This article will be an introductory guide for those who want to start trading. Cryptocurrency from opening an account with a broker to how to trade in the trading platform

Cryptocurrency is

Cryptocurrency or cryptocurrency is a type of crypto-assets. Use computer code as a medium for exchanging value over the Internet. There is a middle price in trading that varies according to market forces. But because it does not have physical characteristics like the general currency (Fiat Currency) of each country in which banknotes or coins are issued. 

How cryptocurrencies work

Cryptocurrency is not regulated or regulated by any international financial institution, nor is it held in custody by any government to produce any amount of cryptocurrency. As 

Amaterasu Coin is exclusively for PoW + PoS blockchain RHOMBUS and is limited to 15 million coins. The package will be an investment of over 200,000. We will be happy to discuss your occasional offer. This virtual currency runs on a self-controlling system called a “blockchain.” Cryptocurrency It applies to the blockchain network technology, which allows the existence of coins. Every coin of the cryptocurrency will be recorded as proof of “who owns” the coin, which is a joint record of the people (Peers) participating in the network.

Everyone can access it to participate in identifying, recording, and validating all transactions in the network. We call this technology “Decentralized Transaction Recording” is the English term for Distributed Ledger Technology (DLT), or we can call it that. Simultaneous recording of “multiple devices”. We can summarize the characteristics of cryptocurrencies, in a nutshell, as follows.

Cryptocurrency is now considered a digital asset.

Cryptocurrencies operate on the blockchain, a decentralized or distributed ledger technology that enables everyone to participate in the authentication of data. For those who already know and want to find a broker to trade cryptocurrencies, you can try out the trading platforms and systems. “Virtual Currency Account” to learn how to trade for free. Click the button below

Cryptocurrency History

The origin of terasu Cryptocurrency The world’s acceptance or traceability actually started with the launch of the Bitcoin coin in 2009, developed by a mysterious man named “Satoshi Nakamoto”. The original cryptocurrency At the time, how to accept bitcoin payments on website claimed to be the only “payment system” (electronic payment system), but it was a payment system with “encrypted proof” or mutual transaction verification, the blockchain.

Payment systems based on blockchain technology like Bitcoin have convinced people to use it as a cryptocurrency. “Value Accumulation Tool” because it is transparent and no one has full control. Not even a central bank or government in any country. This became the starting point for everyone to agree that Bitcoin was the world’s first digital currency.

The reason people around the world are starting to pay attention to more cryptocurrencies is the birth of other cryptocurrencies. There’s more to it than Bitcoin, as developers see opportunity as an alternative currency, a faster channel for remittances, a tool to prevent inflation. It is also used as an online fundraising tool (ICO) for popular emerging currencies such as Litecoin, Ethereum, etc.

The major turning point came in 2017 when Bitcoin futures contracts were offered through the CME and CBOE markets. It implicitly proves that Bitcoin is in a regulated market.

Bitcoin, Weekly – Disclaimer: The price chart shown here is for educational purposes only. This does not constitute a recommendation or solicitation to invest in any financial product. As provided by Admiral Markets (CFDs, ETFs, Shares), past statistics are not indicative of future events. Above is the price chart of Bitcoin (BTCUSD) in the Admiral Markets trading platform (Metatrader 5), which has risen more than 30 times from a low of around $600 to a high of $19,500 in less than a year.

How to invest in cryptocurrency not to be a moth

Cryptocurrency Trading Bitcoin, in particular, returned to the spotlight of the capital markets when Elon Musk, owner of Tesla, the world’s largest electric car maker. Announced to buy bitcoin worth $ 1.5 billion (about 45 billion baht) and start preparing to accept cryptocurrency. (Cryptocurrency) to pay for the purchase of the company’s products.

Indeed, bitcoin started to recover after a long hiatus from 2017 until last October. Two payment giants Paypal and Apple Pay are now open to cryptocurrency trading. This creates confidence and convenience in trading. As a result, the value of Bitcoin continued to increase by more than 200 percent until the end of the year.

However, new investors to invest in bitcoin or other cryptocurrencies which hopes to profit from trading cryptocurrencies You should study the digital money market well. understand its nature And it’s important to understand yourself. Find out the reasons why we choose to invest in cryptocurrencies over the stock market. or other assets

Explore yourself as an investor.

New investors often see the excitement of the market. and growing profits They may overlook the fundamentals of being a good investor. That is to understand and know yourself in order to find reasons for choosing to invest. Especially cryptocurrencies with high volatility. Why do we invest in cryptocurrencies?

It may be necessary to ask yourself questions. Among many investment options Why do we have to invest in cryptocurrency? How much do we know about the industry? The money that we will invest as cold money or how much money spins And how much is our character as an investor who can take risks? This helps us to be mindful and emotionally stable when the cryptocurrency market is volatile.

Understand and learn about the digital money market

The second thing is to understand the nature of the cryptocurrency market. along with investment knowledge Do not forget that there are many cryptocurrencies. since bitcoin is the world’s first digital currency, Ethereum and Ripple, among others.

Cryptocurrency is born of Blockchain Technology, a technology that makes financial transactions without the need for ‘intermediaries’ like before. However, cryptocurrencies are expected to replace the current currency system. But because there are so many obstacles that make digital money very unpopular. Stores rarely accept cryptocurrency payments. coupled with very high volatility Therefore, it is a risk for people who hold digital money.

Of course, investing in cryptocurrencies is a form of investment. Many analysts view it as an investment in gold. Investors need to know the cryptocurrencies we are investing in where does it come from who invented And what is applied to any product or project? This is an element that helps us decide how reliable the cryptocurrency is.

Know how to invest

Investing in cryptocurrency may not have a fixed formula. But if it is said that according to the principles of financial planning An average ‘High Risk, High Return’ asset investment should not exceed 3-5 percent of the available assets. because it is the amount that if the loss is not much loss But if it is profitable, it may be worth 5-10 times more.

Another is to spread the risk. Do not invest in one cryptocurrency alone. Should spread to invest in other currencies as well and should choose to invest and trade with reliable digital asset exchange. and is licensed by the Securities and Exchange Commission (SEC), which gives us peace of mind when trading cryptocurrencies. easy access and have complete information

What is indispensable to being a good investor? That is, do not forget to follow the news and events of the country. including the economy of the country and the world that may affect the volatility of cryptocurrencies Attending a cryptocurrency club or association, will allow us to gain more knowledge.

Related Articles

Leave a Reply

Back to top button