foyyejalmamun

Hey, I appreciate your question! I have never thought about this before. Now I am going to search on YouTube if there is a movie on cryptocurrency. If there is one then definitely it is going to promote my knowledge about cryptocurrencies. Thanks.

It's a pretty tough question to answer. But If we compare between this two currency system then it will be easy to take decision which is better for yourself. Central currency: The government has full authority to know how much is your income. You have to pay income tax. And you have a nominee who can withdraw money from your bank after your death. Your money is whitelisted. Decentralized currency: It doesn't run under any central bank. The government has no authority on this currency. In some country this currency is illegal and If someone does any transactions of this types currency, then he is doing punishable acts. It can be manipulated only by you, no one can have any information about your money except you if you don't expose your account details and authentication systems. It's a peer to peer network. It's a blacklisted money since the government doesn't know about your money. It's more secure in point of private security.

When the price of bitcoin starts going down, I do a statistical calculation. If I see that the probability of rising the price of bitcoin after a certain period is higher than 50% then I buy the bitcoin. Then wait for the rising of it's price. Thanks

I have never fallen a victim to a scam. Beacause before I invest in any company or groups I always search for reviews about them. I research about them on YouTube, Facebook, Instagram, Tumbler, Google Play Store etc. If I get good reviews about them then I get started with them. This has helped a lot of times. Thanks & Regards.

I also feel proud to join this forum. I didn’t know anything about cryptocurreny but joining this forum I have learned the basic things of cryptocurrency.

Super helpful information. One more new stuff I have learned. I hope this knowledge is going to elevate my understanding how to analyse a cryptocurrency chart to make targeted profit. Thanks a lot for sharing this invaluable knowledg.

Thanks for asking and answering the question. I have learned a new term related to cryptocurrency world. It was a valuable information.

A blockchain can be referred to as a list of erypted digital transaction blocks on the platform. Blockchain technology is a distributed ledger technology which is managed by a peer to peer network. The database on the blockchain technology are shared among all the nodes which are connected to the network. A blockchain node is the collection of computers on the nework. Blockchain gathers the data in the forms of blocks in a chronlogical pattern and are interlinked to each other. The data in each block are impssoible to alter or change. Simply Blockchain can be referred to as a distributed, decentralized irreplaceable public ledger blocks interconnected to each other. The invention of cryptocurrency is one of the best applications of the Blockchain technology.

Yes ofcourse! You can earn money with Bitcoin by investing, trading, mining, lending, staking, tasking, blogging, accepting digital currencies for goods and services, airdrops and forks etc.