You may be wondering why I tagged the title of this article “Cryptocurrency, the new business for the new billionaires”.?
Well if you don’t know or maybe you have never heard it that so many people are already becoming millionaires through this new line of business very similar to Forex trading called Cryptocurrency trading, then you’re missing a lot. Recently a lady resigned from a well paying job just because of cryptocurrency and also so many of my friends who are bloggers are also going into this line of business thereby pausing blogging and the truth is that it is paying them and they are even making it bigger compared to blogging.
But the truth must be told that not everybody can make it in this business and if one needs to make it, then he/she needs to understand every bit of the business. Well are you worried, are you among those who really wants to make it this year in a big way by expanding your sources of income, have thought about investing in cryptocurrency?
What You Need To Know About Cryptocurrency
According to Wikipedia A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.
Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous other cryptocurrencies have been created. These are frequently called altcoins, as a blend of alternative coin. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money and central banking systems. The decentralized control is related to the use of bitcoin’s blockchain transaction database in the role of a distributed ledger.
Now How Do I Get Started With Cryptocurrency Trading?
First of all, if you’re confused about what I wrote above about Cryptocurrency, then let me break it down in a simpler way.
Cryptocurrency is a digital money which you can not touch or feel but can be used to buy goods and services and can also be traded just like forex. Examples of this Cryptocurrency includes, bitcoins, litecoins, altcoins, Ethereum,, etc with Ethereum the latest and fast growing coins in which so many people are currently trading and making it big.
Cryptocurrency, The New Business For The New Millionaires – To get started, you will need to get a website where you can register to doing the following:
- Buy Cryptocurrency with dollar or your local currency
- A platform where you can Sell/trade Cryptocurrency
There are so many legit websites where you can use your local currency or dollar to buy Cryptocurrency and also other platform where you can sell at your own rates.
To buy , you will need to visit some websites like luno.com, hycm.com etc and to sell, you can sell or even buy any Cryptocurrency like bitcoins, ethereum altcoins, litecoins etc at binance.com, paxful.com, coinmarketcaps.com etc.
All you need is to check google and you will see a whole lots of websites where you can run all this transactions. And before you trade or register on any platform , please confirm it’s authenticity so that you are not defrauded of your hard earned money in the process of joining “Cryptocurrency, The New Business For The New Millionaires”
Also feel free to drop comments on how we can help you and I will be glad to assist.