Blog entry by Logeron Logeron

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by Logeron Logeron - Wednesday, 1 December 2021, 8:08 AM
Anyone in the world

If you look at the sharp fluctuations in the rates of cryptocurrencies, you can be very surprised by such jumps. Quite a large number of people perceive cryptocurrency assets as securities of well-known companies, investing money in which you can get a huge income (although this approach is not excluded). But do not forget what the cryptocurrency was created for. Bitcoin and subsequent cryptocurrencies are mainly information generation payment systems. There are no restrictions on transactions, there is complete anonymity of the currency holder, there is no risk that your electronic account will be blocked for a real or far-fetched reason.

There are restrictions on the use of cryptocurrencies - you will not be able to buy a kilogram of sugar or a loaf of bread in a store near your home for a digital coin. But there are other places where payment for goods or services can be made with digital money.

But to make any purchase, you need to have some kind of wallet where the currency will be stored. Cryptocurrency cannot be "touched" with your hands and put a banknote with a wallet. Digital money is so called because it has no physical basis. They are not very difficult to earn, but it is very easy to lose them.

Cryptocurrency is needed not just to pay for purchases or services. Currently, the cryptocurrency has become almost a full-fledged exchange-traded asset that can be bought / sold by performing market operations and earning on the exchange rate difference. Cryptocurrency speculation is akin to speculation on the financial or stock market. There are many offers on the Internet from cryptocurrency exchanges that offer their clients a variety of trading assets, trading conditions and other trading services.

Exchange to exchange is different. You need to be able to identify a reliable partner among a huge number of offers on the network and work on his site. 

If you have already had experience in trading, it will not be difficult to understand the features of crypto trading. The main thing is to remember that the cryptocurrency market is not so large in terms of trading volumes. The arrival of one very large investor can radically change the situation in the market. The volatility of cryptocurrencies is very high. This means that the cryptocurrency market is a risky business. But profits can also reach truly impressive amounts. It is possible to make money on the stock exchange, but you need to understand the basics of the stock exchange and take your time, and trade small amounts to begin with.

Modern technologies allow you to earn money independently, using only your own strength, experience and knowledge. Moreover, you can learn by yourself, there is no need to get any special education. It is very possible to earn with the help of cryptocurrencies. Various services will help you determine the direction of earnings by setting a vector for it. And you just have to follow the general rules and work. Moreover, this work will bring income only to you. There are no restrictions on possible earnings. Everything is in your hands.

[ Modified: Wednesday, 1 December 2021, 8:11 AM ]