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Cryptonix

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  1. If you choose from the offered options, then bitcoin is ideal for such a way of earning money as trading. Because its volatility allows you to work with it and earn money.
  2. Another option is to trade with the money that your life does not depend on. If they are afraid of losing them, then it will be impossible to take risks, and if they do not take risks, then there are no chances to earn money. There is a saying: "until you take a risk, you will not earn."
  3. All currencies that we use are linked to the banking system in one way or another. Such control restricts the financial freedom of each person, and cryptocurrencies and blockchain offer an Autonomous and secure space for exchanging funds. And every user, not just the "Bank", knows what operations are carried out and what amount of money exists in principle. Against this background, the advantage of cryptocurrencies is undeniable.
  4. If you are not able to invest in Bitcoin or its mining, invest in PoS algorithm coins and in stacking. They are much cheaper, and in a few months your income will surprise you. Whether you have just $ 10 or more in your account, aim for long-term goals.
  5. The Bitcoin cryptocurrency is based on blockchain technology, which fundamentally distinguishes it from all previously created electronic currencies and payment systems. The Bitcoin (BTC) blockchain is not linked to any physical assets or "official" Fiat currencies, and the price of the digital BTC coin is regulated solely by market supply and demand.
  6. Retailers do not particularly work with crypts due to possible restrictions from state laws. The key feature of cryptocurrencies is decentralization — the absence of any internal or external administrator. Therefore, banks, tax, judicial and government authorities cannot influence the transactions of users of crypto assets.
  7. The exchange provides a lot of pairs for trading, which is a plus. Yobit has become popular among users of the Russian-speaking segment due to the lack of KYC, a high level of security, support for Fiat money and a brand that is known throughout the CIS crypto space.
  8. There are 2 schools of market analysis – technical and fundamental. Adherents of these methods like to argue, but, in fact, for a successful forecast, you need to be friends with both. In technical analysis, only the price movement decides. How it moves, with what speed and amplitude, what is the momentum of its growth or fall, which candles are formed, and so on.
  9. From the first day of working in the market, Understand one of the main rules: you must make all decisions yourself, have self – discipline, analyze your trading, develop your own strategy, and determine acceptable risks.
  10. The main misconception of a novice speculator is more information, more precisely trading. You will search for more Analytics, news, and analyze charts for longer. This is almost always useless. Professionals work perfectly with their strategy, so they only need an hour a day to find an entry point.
  11. Follow your trading system or principles. For a long distance, You will be in the black. Remember that: emotions are the enemy of logic. Reduce stress to nothing. Think about what exactly is upsetting you.
  12. ETH. The main feature of Ethereum is the use of smart contracts. You can use it to create decentralized programs or applications. Moreover, they can be quite versatile in the areas of use and in their functionality.
  13. The psychology of trading allows you to follow your system regardless of small current losses. The trader should focus on the result as a whole, and not on a specific transaction.
  14. Not only cryptocurrency, but in General, modern digital technologies are changing people's lives. Simplify communication and many processes, help speed up learning something new.
  15. Information should always be carefully checked. Any person is prone to emotions. Even if he carefully disguises his feelings. Traders work directly with money. Money fascinates the minds of any person (especially when it comes to decent amounts). Emotional components actively interfere with trading, which lead to thoughtless actions and, as a result, to losses.
  16. Stock charts are a direct reflection of the psychology of trading. All Japanese candles with shadows and spikes on the charts — there are emotional outbursts from the crowd. Also, inflating financial bubbles in the stock market and their further collapses are also directly related to psychology.
  17. "How to Day Trade for a Living" A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology - Very few careers can offer you the freedom, flexibility and income that day trading does. As a day trader, you can live and work anywhere in the world. You can decide when to work and when not to work. You only answer to yourself. That is the life of the successful day trader. Many people aspire to it, but very few succeed.
  18. Bitcoin can make it much easier for people to interact, this is a fact. Increase the speed of solving payment and purchasing issues. More speed, faster everything moves.
  19. Alternatively, the user is offered to invest in a solid financial operation and get a large percentage. After that, more and more money is lured out under the pretext of paying current transaction costs.
  20. Use the money management rules. Simply put, don't take too many risks. Each person has their own concept of risk. You can only trade in comfort if you know that you are managing your risk correctly. Any deal is a risk: either win or lose. Keep this ratio at a level that is psychologically comfortable.
  21. DIY (Do it yourself) The Tube Video community fills a gap that is currently badly needed. Content creators around the world are scouring the Internet, looking for a place to share their videos and get paid for their efforts.
  22. Ethereum is not just a cryptocurrency, but first of all a technology, a platform for creating decentralized (DApps) applications. The basis of Ethereum technology is the use of smart contracts-these are small pieces of code that allow programmers to write applications on a decentralized basis.
  23. Trust Wallet Token (TWT) is a utility token that can only be used within this app. It is necessary for additional incentives for wallet users, as well as for raising their awareness.
  24. Unlike most projects, Ripple does not involve mining and distributing part of the coins as a reward. The Proof of Stake mechanism is also not used here. Finally, all this may lead to the fact that some investors who still have coins in their hands will be able to get a monopoly and start dictating their terms.
  25. "The model of constant linear supply growth reduces the risk of what some consider an excessive concentration of wealth in bitcoin, and gives people in the present and future a real opportunity to purchase coins, while at the same time preventing the depreciation of ether, since the "supply growth" in percentage terms over time still tends to zero." ― Ethereum Whitepaper
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