Prepping for a Cryptocurrency World: China Edition

Do you want to invest your hard earned money in cryptocurrency? If so, make sure you meet the criteria before making a final decision. Without considering the important issues, you can risk losing your money. There are lots of cryptocurrencies, such as blockchain or bitcoin. In this guide, we are going to share with you some tips that you can follow before depositing your money. Read on to know more.

1. Don’t invest too much

First, don’t invest an amount you can’t lose down the road. In other words, it should be an amount of money that you do not need to meet your routine needs. If you lose your investment, your life should not be affected. Consumer borrowing is not a good idea to invest in cryptocurrency.

2. Study the subject first

Before you make an investment, make sure you study the subject first. After all, it is not wise to invest in something you have no idea about. For example, would you buy a home without looking at it from all angles? No one will do that.

However, this does not mean that you need to be an expert before making this investment. All you have to do is understand the general terms related to the industry.

3. Diversify your investments

Another issue is the focus on diversity. In fact, this concept is important regardless of the case in which you want to do business.

In other words, you don’t want to keep all your money in just one business. For example, if you have 10 eggs, you don’t want to put them in a basket. Use two baskets instead. That way if you break all the eggs in one basket, you will still have half an egg in your second basket.

So, all you have to do is invest your money in different businesses like real estate and crypto-currencies.

4. Interchange

Make sure you are using a good cryptocurrency platform. With this platform, you can buy any of the popular crypto-currencies like ETH and BTC. If you want to buy a different currency, you need to transfer your currency to an interchange. On these exchanges, you can exchange your currency pairs without any problem.

5. Do your own research

As mentioned earlier, you may want to do your research before taking a step. It is not a good idea to invest based on the advice of friends or relatives. You can use a variety of ways to do your homework, such as Google, Skype, Discord, Telegram, Twitter, discussion forums and white papers, just to name a few. It is important that you take your time before you put money into a project.

So, make sure you follow these tips before investing your money in the world of cryptocurrency. This way you can avoid the common mistakes made by most investors. Hope this helps.

We all knew there was a time when 1 bitcoin was worth more than $ 13,000 then it suddenly crashed and now only worth $ 6,000.

People never seem to know and understand the reason behind this drop and I will explain it to you.

Total bitcoin was first generated by developers from the beginning and it needed to be made even more since it became valuable. You all do it right? Let me explain better.

So imagine from the beginning that the developers of Bitcoin first created 10,000,000 Bitcoins. Now these 10,000,000 bitcoins have been circulated to individuals, so when 10,000,000 bitcoins were already owned by individuals around the world, its value began to rise.

Now that developers have seen that their cryptocurrency has gained more value but was owned by fewer people, it needed to be made more for more people to own.

And what better way to generate more bitcoin than this?

If

1 bitcoin = $ 13,000.

Then

10,000,000 bitcoins = $ 130,000,000,000.

So there is $ 130,000,000,000 on the internet.

Then came the idea developers !!

Let’s crash the price of bitcoin, use the rest to make more bitcoins.

Here it is:

Since Bitcoin has made $ 130,000,000,000 on the Internet, make more by lowering the price.

I mean

1 bitcoin = $ 13,000 then now

1 bitcoin = $ 6,000

So 1 bitcoin to 2.2 bitcoin can be generated.

Now the question is where is the newly generated bitcoin?

It is everywhere on the internet !!!

This is every website you access.

It’s on every social media platform.

It’s anywhere in the world !!

This is in North America.

This is in South America.

This is in Africa.

This is in Asia.

This is in Europe.

Scattered everywhere !!!

All you have to do is start mining.

Now how do you start mining this cryptocurrency?

There is plenty of bitcoin mining software I would recommend Web’Miner.

It is a software developed by a Chinese company “Soft Tech Geeks”. It has been used a lot, I have made it anytime I want and it has been made a lot.

Some will say, why is he sharing now?

Some will say, if it is so easy, why am I not alone? So you can get it all for yourself.

Good developers are smart, they put a mining limit on it. The idea was not for a single person or for a specific group of people.

The idea was for everyone, to hold this crypto currency all over the world.

If you need help mining bitcoins, you can get in touch

Soft tech geeks

softtechgeeks@gmail.com

Thanks

Blockchain is an irreplaceable resource innovation that is virtually revolutionizing the global business market. Its evolution has brought with it a greater good, not only for business but also for its beneficiaries. But since it has been unveiled to the world, a view of its operational activities is still unclear. Everyone has the main question in mind – what is blockchain?

Initially, blockchain technology served as a platform that allowed the transit of digital information without the risk of being copied. This, in turn, has laid the foundation for a strong backbone of a new kind of Internet space. Originally designed to deal with Bitcoin – trying to explain to the general public its algorithms, hash functions and digital signature properties, today, technology lovers are finding other potential uses for this unadulterated innovation that could pave the way for a whole new business transaction in the world. Process.

Blockchain, to define from all angles, is a kind of algorithm and data distribution structure for electronic cash management without any central administration intervention, which is programmed to record all financial transactions as well as everything that contains value.

Blockchain work

Blockchain is understood as a distributed laser technology that was originally created to support Bitcoin cryptocurrency. But after widespread criticism and rejection, the technology was modified for use in more productive things.

To give a clearer picture, imagine a spreadsheet that is virtually tonnage extended across a plethora of computing systems. And then imagine that these networks are designed to update this spreadsheet from time to time. That’s what blockchain is all about.

The information stored in the blockchain is a shared sheet whose data is aggregated from time to time. This is a practical way to talk about many obvious benefits. To be with, blockchain data does not exist in a single place. This means that everything stored there is open for public viewing and verification. In addition, there is no centralized data storage platform that hackers can corrupt. It has access to more than a million computing systems in practice, and its data can be consulted by anyone with an Internet connection.

The durability and authenticity of the blockchain

Blockchain technology is something that reduces the space of the Internet. It is glamorously powerful in nature. Like offering data to the general public through the World Wide Web, authentic information is stored on a blockchain platform that is equally visible across all networks.

Importantly, the blockchain cannot be controlled by a single person, entity or identity and there is no point in failing. Just as the Internet has proven itself to be a sustainable place for the past 30 years, blockchain will also serve as an authentic, reliable global platform for business transactions as it continues to evolve.

Transparency and indomitable nature

Industry veterans claim that blockchain is in a state of consciousness. It tests itself practically every time and then. It is like a self-auditing technology where its network coordinates every transaction, known as a block, which occurs at regular intervals.

This gives rise to two main features of the blockchain – it is extremely transparent, and at the same time, it cannot be corrupted. Each and every transaction performed on this server is embedded in the network, therefore, making the whole thing always visible to the public. Moreover, editing or deleting data from a blockchain requires a lot of effort and a strong computing power. Fraud can be easily identified. Hence, it is called indestructible.

Blockchain users

There are no definite rules or regulations about who will use or be able to use this unadulterated technology. Although currently, its potential users are only banks, commercial giants and the global economy, the technology is also open to the day-to-day transactions of the general public. The only flaw in the blockchain is its global acceptance.

If you have invested in cryptocurrencies, you know that it is important to consider the state of the market. As an investor, you should be aware of what is happening with different currencies and what other traders say about the future.

Therefore, if you want to make wise investment decisions, it is better to consider the predictions about cryptocurrency. Fortunately, there are plenty of resources on the web that allow you to research and search for predictions. It can help you stay ahead of others in the market. Make sure you stay away from fraudsters and other schemes that claim to make you rich overnight. Below are some reliable sources of predictions that can help you succeed as an investor.

Tradingview

If you are looking for a reliable source of predictions, check out TradingView. This platform provides great charting tools that everyone can use. It doesn’t matter if you are a beginner or an advanced user. This platform lets you know how different types of cryptocurrencies behave over time. So, you can predict their behavior down the road.

One of the main reasons this platform provides reliable predictions is that it has a huge community of experienced investors who are always ready to share their knowledge. In fact, 3.3 million active investors are part of this platform.

Finder.com

Finder is your ideal source if you want to get valuable insights into the future of cryptocurrency from various, reliable authorities. In fact, Finder regularly consults with finance and cryptocurrency experts and publishes their forecasts for other investors.

Also, the platform works with panelists from various industries, such as news, finance and technology. Based on discussions with these professionals, Finder can make accurate predictions.

Bitcoin Wolf

Bitcoin Wolf is another great platform that can provide accurate predictions about cryptocurrency. By joining the chat room of this platform, you can chat with other experienced investors round the clock. In addition to this, you can benefit from other excellent features offered by the platform, such as real-time alerts, peer counseling centers, technical analysis, etc.

This place is the best platform where you can talk about the future of this currency. And the great thing is that experts will give you a deeper insight into this world, and help you make conscious decisions.

As far as investing in cryptocurrencies, you should first make sure you do your homework. Considering the predictions is a great idea so you can make the right decision on the road. You need to pay attention to what other experienced investors think about the future. In addition to this, you may want to get the views of industry experts.

The latest thought

So, if you examine the above sources, you will be able to get an insight into the minds of other investors in the industry. By doing this, you can make better decisions, which will make your business profitable. It is good to check the predictions regularly.

Blockchain is the name given to a block of transactions connected together in a chain. Originally created to support cryptocurrency, bitcoin, blockchain technology and have the potential to revolutionize our lives, the economy and the world. The biggest thing about blockchain is that all transactions are public. This means you can get everything back to its roots.

For example, imagine a foodborne illness spreading. Contamination will be able to track from dinner plates to supermarkets and product sources. Let’s take this transparency one step further. We live in an armed society. Many arms are being traded illegally. Blockchain technology will not only eliminate illegal transactions, but will also be a way to hold the source of the illegal arms trade accountable. In addition to allowing transactions to become public, blockchain transactions are also faster.

Blockchain could potentially replace existing trading platforms because investors who are selling stocks through blockchain will have instant access to their funds instead of the usual waiting time. Transactions made in a blockchain are extremely fast, low cost, and most importantly more secure than many, if not all platforms. Security is a huge factor in transforming the blockchain world that we know. Because of its design, blockchain is basically unhackable. Its transaction ledgers are decentralized, which means that a copy of that transaction exists and needs to be verified by the node. Once a transaction is verified, it is “sealed” in a block and it is almost impossible to change it. Because this platform is so secure, it can be used as a means of voting in the United States and even globally.

There are many allegations of corruption and fraud that voting using blockchain will allay those fears. Again, everything is public. It’s instant. And it is very safe. There will be no worries about the vote being changed or the vote not being counted. The unchangeable ledger will ensure this. In addition to being universal, reliable and secure, Bitcoin is also extremely affordable. For most transactions, this will eliminate the intermediary. There will not be much need for a third party to conduct or review the transaction. Businesses don’t have to waste security costs to prevent fraud because blockchain covers it. Businesses will be able to use blockchain to evaluate their own supply chain and identify inefficiencies.

You find it funny how Blockchain started to support Bitcoin as a small platform and now, this technology is bigger than it was created to support it. Although blockchain technology is relatively new, there are many advantages that are too good to ignore. Blockchain technology is transparent. All transactions take place across a public ledger. Blockchain technology is both fast and affordable. And finally, blockchain technology is safe and secure.

Over the last few years, people have been talking a lot about cryptocurrency. At first, this business may seem scary, but people start building trust in it. You may have heard of ether and bitcoin. They both use cryptocurrency and blockchain technology for maximum security possible. Nowadays, these coins are available in different types. Let’s learn more about it.

How can cryptocurrency help you?

As far as fraud is concerned, this type of currency cannot be forged because it is in digital form and cannot be reversed or forged against credit cards.

Immediate settlement

Third parties are involved in buying real property, such as lawyers and notaries. Thus, delays can occur and additional costs can be incurred. Bitcoin agreements, on the other hand, are designed and enforced to include or exclude third parties. Transactions are quick and can be disposed of instantly.

Low fee

Generally, there is no transaction fee if you want to exchange Bitcoin or any other currency. To verify a transaction, there are minors who pay through the network. Although transaction fees are zero, most buyers or sellers hire third party services like Coinbase to create and maintain their wallets. If you don’t know, these services work like PayPal, which offers a web-based exchange system.

Identity of theft

Your merchant gets your entire credit line when you provide them with a credit card. This is true even if the transaction amount is very small. In fact, what happens is that credit cards operate on a “pull” system where the online store draws the required amount from the card-related account. Digital currency, on the other hand, has a “push” method where the account holder sends the required amount without any additional information. So there is no chance of theft.

Everyone’s access

According to statistics, about 2.2 billion people use the Internet but not all of them have access to conventional exchange. Thus, they can use new forms of payment methods.

Decentralization

As far as decentralization is concerned, an international computer network called Blockchain Technology manages the Bitcoin database. In other words, the Bitcoin network is under administration, and there is no central authority. In other words, the network operates on a peer-to-peer basis.

Recognition

Since cryptocurrency is not based on exchange rate, transaction charge or interest rate, you can use it internationally without any hassle. So, you can save a lot of time and money. In other words, Bitcoin and other such currencies are recognized all over the world. You can count on them.

So, if you are looking for a way to invest your extra money, you may want to consider investing in Bitcoin. You can be either a miner or an investor. However, make sure you do what you are doing. Security is not an issue but it is important to remember other things. We hope you find this article helpful.

Cryptocurrency is a digital asset that is used primarily as a means of transacting financial transactions, controlling the creation of additional assets, and verifying the transfer of any asset with the help of powerful cryptographic technology. It is also known as digital currency or a form of virtual currency. Unlike the central banking system, it is a decentralized control and financial transaction system that operates primarily through a blockchain used for financial transactions.

The first decentralized virtual currency developed in 2009, Bitcoin is known as a virtual financial unit and operates independently without the assistance of any central bank or administrator. Since then, about 4000 altcoins of various forms of bitcoin have been created. Bitcoin is considered a peer-to-peer electronic cash system where users make direct transactions without any intermediaries.

A blockchain is a data file consisting of numerous blocks that records all previous bitcoin transactions and creates new ones. The normal average time between each block is about 10 minutes. The most frequent use of Bitcoin is supported by an external software called Bitcoin Wallet. Using this software, one can easily store, accept and manage Bitcoin unit transactions. To perform transactions using Bitcoin, you need to have an account at any of the Bitcoin exchanges around the world and transfer Fiat currency to that account. This way the account holder can make future transactions using these funds. In addition to Bitcoin, other sources of cryptocurrency are Petro, which is mainly used for oil and mineral reserves.

There are some advantages and disadvantages to using digital currency. The main advantages of using virtual currency are as under: –

Provides a quick clarity level: –

Bitcoin typically works with a laser called a blockchain that records and monitors every transaction. Once a transaction is made and recorded on this ledger, it is considered stable. These transactions can be further verified at any time in the future and therefore, in addition to this, it also ensures security and confidentiality for all transactions made through a specific account.

• Fast processing and portable use: –

Billions of dollars of bitcoin can be easily transferred from one place to another without any identification with the help of a single memory drive. When making any type of transaction, any third party involvement can be eliminated using this bitcoin technology. This will make the transaction easier and faster without any third party approval,

• Low transaction cost involved: –

The transaction costs involved in exchanging this digital currency are very low which makes it more affordable than real currency for the population of the world. Therefore, the cost of any type of transaction is very low which is seen as a convenient feature for the population whenever they make any transaction.

• Fights and alleviates poverty: –

Often the banking system and financial institutions do not provide assistance or support to the backward classes especially in rural areas. Bitcoin serves as an alternative in cases where it extends its powerful financial services to anyone, including those with Internet access. It often serves as a support for the poor and oppressed who are often left with no viable alternative.

When a new or latest technology comes along, there are some negative factors associated with its use which are as follows: –

অভ Lack of knowledge and disbelief of the people: –

Due to lack of knowledge about digital currency, people are more likely to be skeptical about its widespread use. Therefore, there are very few businesses that accept these sources of cryptocurrency, so they limit the number of trading systems that prefer to use virtual currency in their day-to-day transactions.

Transactions that cannot be found: –

Since the transactions made by Bitcoin are not found it provides a place for criminal transactions. In such cases, only drug dealers and prudent individuals use such virtual currencies so that their illicit activities are not easily caught.

ৃতি The nature of instability and uncertainty: –

Cryptocurrencies are often volatile and change frequently. Sometimes people make a lot of money when the market rate of this virtual currency is skyrocketing and sometimes they face huge losses when the price crashes.

Cryptocurrency is an innovative but amateur concept that could potentially disrupt the entire financial market. It is true that this digital currency has caught the eye of the world in a very short time. Every new technology that emerges in the market always has its advantages and disadvantages. To make the best use of it, you need to look at both sides before making a decision.

Everyone has heard how Bitcoin and other cryptocurrencies have made them millionaires who recently bought a year ago. Not only is a profit of 1,000% or more possible, they are commonplace with many of these cryptocurrencies. Anyone who buys Bitcoin for less than $ 500 in May 2016 will make a profit of 1,400% in about 17 months. Then over the last few days, we’ve seen Bitcoin lose about 1,000, so it would be a huge insult to call these cryptocurrencies volatile.

Since the introduction of Bitcoin in 2008, we have been skeptical of the survival of cryptocurrencies in Trend News, because they pose a very clear threat to governments that want to see all transactions and pay taxes. But while we may still be wary of real cryptocurrencies, we are very much aware of the potential of the underlying technology that powers these electronic currencies. In fact, we believe that this technology will cause a significant disruption in how data is handled and that it will affect every sector of the world economy, such as the Internet media.

Here are some questions and answers to get us started …

Q: What is cryptocurrency?

The most popular cryptocurrency (CC) is BITCOIN. It was the first CC to be launched in 2008 Today there are over 800 CCs including Ethereum, Litecoin, Dash, Zcash, Ripple, Monero and they are all “virtual”. There are no “physical” coins or coins.

Q: How does CC work?

CC is a virtual currency that exists in many large distributed databases. These databases use blockchain technology. Since every blockchain database is widely distributed, it is considered immune from hacking, as there is no focal point of attack and every transaction is visible to everyone on the network. Each CC has a team of administrators, often called “moneylenders”, who verify the transaction. A CC called Ethereum uses “smart contracts” to verify transactions. Crypto TREND will provide more details in the upcoming news release.

Q: What is a blockchain?

Blockchain is a technology that underpins all CCs. For the purchase, sale or exchange of CC, each transaction is entered into a block which is added to the chain. This technology is complex and will not be explained here, but it has the potential to revolutionize the financial services industry, as transactions can be executed quickly and easily, and fees can be reduced or eliminated. The technology is also being tested for application in many other industries.

Q: Is CC Exchange regulated by the government?

For the most part, the answer is no, which is a big attraction in this market for some users. It is now the “Wild West”, but governments in most developed countries are examining the market to see if any controls may be needed. A big decision is whether CC will be considered as a currency or a product / security. Canada and the USA have so far declared that CCs are legal, but the situation remains fluid in terms of reporting and tax implications. Crypto TREND will track and report these developments.

Q: How do I invest in this market?

You can buy, sell and exchange CC using the services of specialized “exchanges” which act as brokerages. You start by selecting an exchange, setting up an account and transferring Fiat currency to your account. You can then place your purchase and sale CC order. There are many exchanges around the world. Opening an account is fairly easy and these exchanges have their own rules regarding initial funding and withdrawals.

Crypto trend CC Exchange will be recommended in future.

Q: Where do I put my CC?

You need to have a digital wallet to get the freedom to move your crypto currencies around and pay the bills. These wallets come in a variety of formats, such as desktop, cloud-based, hardware (USB), mobile phones and paper. Many of them are free, however, security is a big factor because no one ever wants to lose or steal their wallets. Crypto TREND will recommend digital wallets in the future.

Q: What can I do with my CC?

In addition to investing in CC products, you can also use cryptocurrencies for certain financial transactions, such as money transfers and billing. The list of cryptocurrency companies is growing rapidly, and includes big hitters such as Microsoft, GAP, JC Penny, Expedia, Shopify, Bloomberg.com, Dish Network, Zynga, Subway, and WordPress.

Q: What next?

As we get started, we’ll keep each crypto trend article short and keep the scope of each one as narrow as possible. As we mentioned earlier, we believe that cryptocurrency technology will be a game changer and potential investment opportunities like this come once or twice in a lifetime. Make no mistake, the initial investment in this sector is only for your most speculative capital, the money that you can lose.

Even if you don’t want to invest at this time, gaining an initial idea of ​​this new disruptive technology will put you in a better position to benefit from our recommendations as we move forward.

Stay tuned for more news and specific recommendations from Crypto TREND as we embark on a journey that may at first seem like an exotic jungle. It is a volatile market and may not appeal to all investors, however, the crypto trend will be your guide if you are ready.

Stay tuned!

Although the market in the cryptocurrency market has been revised in 2018, everyone agrees that the best is yet to come. There has been a lot of activity in the market that has changed the tide for the better. With the right analysis and the right dose of optimism, anyone who invests in the crypto market can make millions from it. The cryptocurrency market is here to stay in the long run. Here in this article, we give you five positive things that can encourage more innovation and market value in cryptocurrency.

1. Innovation in scaling

Bitcoin is the first cryptocurrency on the market. It has maximum number of users and maximum value. It dominates the entire value chain of the cryptocurrency system. However, this is not without problems. The main hurdle is that it can handle only six to seven transactions per second. By comparison, credit card transactions average a few thousand per second. Apparently, there is room for improvement in the scaling of transactions. With the help of peer-to-peer transaction network on top of blockchain technology, it is possible to increase the volume of transactions per second.

2. Valid ICO

Although there are cryptocurrencies with stable prices in the market, new coins are being created that are designed for a specific purpose. Coins like IOTA are designed to help the Internet of Things market the exchange of power currencies. Some coins solve cyber security problems with encrypted digital vaults to save money.

The new ICOs are bringing innovative solutions that disrupt existing markets and bring a new value to the transaction. They are gaining market dominance through their easy-to-use exchanges and reliable backend operations. They are innovating both in terms of technology for specialized hardware and financial markets for mining with more freedom and options for investors on the exchange.

3. Clarity about control

In the current context, most governments are studying the effects of cryptocurrency on society and how its benefits can be extended to the wider community. We can hope that the results of the research will be reasonable.

Some governments are already trying to legitimize and control the crypto market like any other market. It will protect ignorant retail investors from losing money and protect them from losses. In 2018, the abolition regulation that boosts the growth of cryptocurrency is expected to appear. This will pave the way for widespread adoption in the future.

4. Increase application

There is a lot of enthusiasm for the application of blockchain technology in virtually every industry. Some startups are coming up with innovative solutions like digital wallet, debit card for cryptocurrency etc.

The reputation of cryptocurrency as a medium of transaction will be further strengthened as more people trust this system. While some startups may not survive, they will positively contribute to the overall health of the market by creating competition and innovation.

5. Investments from financial institutions

Many international banks are watching the cryptocurrency scene. This could lead to institutional investors entering the market. Significant institutional investment flows will fuel the next phase of cryptocurrency growth. It has captured the fancy of many banks and financial institutions.

As surprises and barriers in the vicinity of cryptocurrencies diminish, more will be taken from traditional investors. This will lead to a lot of dynamism and liquidity for any growing financial market. Cryptocurrency will become the de facto currency for transactions around the world.

Litecoins are a type of cryptocurrency that has grown in popularity in response to the demand for alternative currency options from consumers around the world. This currency works much like the standard world currency. Traders and investors have realized that there is a huge potential to offer this currency and it is widely traded by beginners and seasoned investors. The best way to get the most out of Litecoin trades is to use the services of a Litecoin broker. There are many Litecoin brokers available who have earned an excellent reputation for providing excellent services to their clients. These brokers will be able to help traders make the right decision about their investment.

When you hire a good Litecoin broker, they will have plenty of tools and resources available to make sure your business is running smoothly. Litecoin News Widget is probably the most used tool by these brokers. This widget can be fully customized to meet your specific needs. It will provide constant updates on cryptocurrency news and other relevant information, so that you can keep the latest news developments confidential as they are published over the wire. The following will provide insights on exactly what this cryptocurrency is and how it can be used and obtained in addition to trading for it.

What are Litecoins?

Litecoins are a form of virtual currency that can be obtained and used to buy and sell various services and products such as jewelry, clothing, food and electronics. Since this currency is used only online, its value is determined by the demand of the currency trading website. This cryptocurrency can be traded, or it can be mined. When digging for coins, the process can be a daunting task. Computers solve mathematical equations and as a result they are rewarded. Almost any good computer can mine for currency, but statistically the chances of success are low and it can take days to earn a few coins.

The difference between Litecoins and Bitcoins

The main difference is that Litecoins can be bought much faster than Bitcoin, and their limit is set at 84 million, compared to Bitcoin’s limit of only 21 million. Bitcoins are accepted in more online stores, but Lightcoins are growing in popularity every day. Currency is decentralized, so it is a big advantage for traders. As cryptocurrency becomes more widely known, the cost is expected to be lower than the cost of bitcoin.