biggners How can I start in Cryptocurrency world ?

[VijithaVarghese 1994]

Thank you for this fascinating information. These are great principles for beginners to take good step in the forum.I think all beginners really need to be well aware of the information about cryptocurrency, coins , wallets etc . Also advise for experts are big help. Good luck friend.

[Ponnnu 962]

Hey friend, thankyou for making an informative posts. Some of the terms you mentioned here were unknown to me, now I completely understand its meaning and uses. I appreciate your efforts for making this content, this will be very helpful especially for the beginners. So beginners should learn and understand things before entering into the field of investing and trading. 

[BraveHeart01 1569]

It is very hard to learn each section with this short explanation  for example  in mining only there is software  mining, hardware mining, cloud mining, mobile and pc mining and so on.

[Umar waheed 0]

Thank you for providing this is useful information. This is the most important terminology that begginers must know before starting encryption, and then they must expand after that in each field alone. For me best YouTube is "Sadik Beter" 

[Khan 1414]

Some basic info, thanks for the sharing. As this is some of the starting information for the newbie and it will provide some idea related to the crypto currency.

[Arslan Ch 2163]

On 3/8/2020 at 3:40 PM, AmjadBydn said:

Your way in Cryptocurrency world !

I think everyone here need this information because it's the basis for Cryptocurrency world !
 

Lets begin !

 Digital Currency 

What is the Digital currency ? 

An encrypted currency, a decentralized digital currency that uses encryption, in the sense that it is the process of converting data into a code, to generate currency units, and to verify transactions independant of the central bank or government

It is a form of money, but it is a digital money, not like the tangible traditional currencies that already exist, but a digital money that is a code that spins several portfolios
Among the forms of digital currency are Bitcoin and ETH , which are the two most common currencies in the world of digital currencies, and there are other forms of virtual currency, including Ripple, Dach and Litecoin.

Digital currencies are decentralized, no one controlled it, have a public/Republican account record, and virtual transactions are integrated into the block chain, and transactions are conducted in a peer-to-peer network without a intermediary or third party such as banks

Bitcoin

BitCoin Bitcoin, a term that we used to hear, even in mainstream finance, is the first and most prominent digital currency that traders use in technology. Everything started when an unknown person, under the name of Matoshi Nakamoto, did. Design the Bitcoin as a P2P system without the need for any medium or central authority.
Blockchain

Block Chain is a form of distributed ledger technology (DLT), which means that it maintains records of all digital currency transactions on a distributed network of computers, but does not have a central ledger.

Mining

The process of mining in digital currencies is the use of the power of the computer you are working on, and the Internet to solve a mathematical equation, and document transactions, in order to extract encrypted currencies, which is to engage in documenting and recording transactions in the block chain using the power of the computer and the Internet
Nowadays Mining process needs a lot of power ! 

Satoshi Nakamoto

This name belongs to the Bitcoin inventor, the world's first digital currency, the largest in market terms to date, and is the alias of an unknown person, perhaps a financial firm or institution such as banks or even a country, but no one knows who this person is so far
Wallet

Like the wallet in your rear pocket, the digital wallet is used to store public and private keys through which digital currencies can be sent and received, and contains multiple pair of public and private keys. A digital currency is that it cannot be stored, but you only store addresses that belong to that currency. There are many types of digital portfolios, including the Internet portfolio, which are found on the Internet.

The desktop wallet can be loaded onto your personal device, the phone wallet, which can be on your smartphone, and the iPhones or Wallet wallet, a device purchased through a company to save currency addresses on it, so that it is far from being compromised or stolen.

 

If you have any good information could improve my topic please add it in a comment !

Source : bitcoinnews

Vey useful information. You explained it very well I was unknown with these term before joining the cryptotalk. Now I have good idea about these terms by reading your post. Thank you for this useful information as it is definitely helpful for me and fol all the beginners.

[Shaheer16 908]

Well done brother, 

Its really a nice post. Valuable and informative post not just for beginners but for everyone who is working on cryptocurrency. 

You have explained basics of cryptocurrency in a easy way. 

 

[scorpiali 5626]

Right any newbie in crypto currency world must have knowledge about all those definitions it's important to search and read about them,it's the basic of crypto to good understand the meaning and how crypto work,Thanks to put the brief word to explain each one 

[saqqdiyaa 528]

thanks for this crucial participation. we usually need this primary records that allows you to unfold hobby amongst novices in the discipline of encryption, in particular because there are numerous people who have problem in the manner to search for this statistics

[DEREKHALE 1110]

To be honset, I think on the off chance that you didn't attempt some crypto tests before you joined along these lines gathering, at that point you don't think a lot about crypto world, since this discussion isn't speaking to the full image of digital forms of money, you are presenting on get paid, however the genuine crypto is in fixtures and mining and a few things like that .amazing

[Ummah97531 615]

Yes, basically! Thanks for providing useful information about cryptocurrencies. In fact, cryptocurrency is the best way to make money.  Cryptocurrency is the best platform to read the post for the topic. Trading, marketing to make money.

[Jonathan200321 880]

In the world of cryptocurrencies, how you can start is by looking for information to have more experience and also asking the questions you have in the forum and they answering you so that you already have an idea and start with everything in the world of cryptocurrencies.

[Tom Brandon 226]

You can start work in cryptocurrency world at any time.But first time you have to read some basic things about cryptocurrency.You can learn about cryptocurrency from article,blogs and youtube videos.

[Hamza 2.2 631]

At the point when you simply beginning to the digital currencies world you'll require first to utilize this gathering, so that is there you'll got the thought regarding which is the best coin, wallet and trade to use as the novice.

[Msh9 84]

In the beginning, we have to read the instructions and advice that he gives us to avoid making mistakes, avoiding the ban, and stopping the temporary or permanent account from working.

[Dilawar 65]

Hello my all dear friends 

I am a new member on this forum please help me and support me i did not have much information about this .i will be thankful for your support.

[leakydonney 1402]

Normally each new crypto member have to know this crypto technical terms as it will help them to understand well about cryptocurrencies also I recommend all newbies in crypto world to join on this forum in order to interact with other crypto traders and enthusiasts to open up their minds to new crypto possibilities concepts and ideas which could help them to experience and analyze the cryptocurrency market movement in trading and investing

[Goshen 134]

Thanks for this post with this one can easily understand the basics of crypto currency without stress

[scofield64 943]

Cryptocurrency world is a wide world and the learning is continuous you cannot learn everything in cryptocurrency at once it's a continuous method, you can also learn about cryptocurrency here. 

[Moontong 5312]

You may start in crypto world by joining some forum such as cryptotalk, bitcointalk and altcointalks, you can choose only one of those. all will help you understand more the world of cryptocurrency, then after gaining knowledge about the forum, you may start doing some crypto activities like trading, mining, investing and many more to earn more money.

[Malik9532 1276]

 Thanks my friend giving this topic . This is very  informative and helpful for everyone especially new members  or beginners . And I think new members should not do investment and trading without more knowledge and experience about this . Your topic is really wonderful . Thanks share with us .

 

[CryptoLegendry 505]

A good article and contains most of the ideas we need in order to start our work on the cryptocurrency project! Paying attention to these things and these basics makes us able to enter to work strongly, especially within our work in Cryptotalk! I find many people who are not even aware of these simple things

[Faizan12 1708]

Brilliant Thank you so much for giving us this beautiful and amazing information i have gained so much experience from your topic i hope me and other likes me know each and everything about crypto currency world.

[Shahzeb zafar 378]

You have really explained very well about all the terms.This will surely help all of us.you provided good information for the beeginners or newbies who want to start their career thanks alot

[Mohammadnour 1372]

Hello my friend, yes, I think that it is important for all beginners to read this topic because it contains definitions of important terms in the world of cryptocurrency