Rise and Cryptocurrency Fall: A GUIDE FOR BEGINNERS TO INVESTE IN THE BLOCKCHAIN WORLD
In recent years, the world of cryptocurrency has exploded in a global phenomenon. As prices suddenly and fall comfortable, new investors can be frightening to navigate this complex space. In this article, we will examine some character -related concepts related to cryptographic currency, including wallets, initial currency offers (OIC) and trend lines.
What is blockchain?
Blockchain is a decentralized digital book that records online transactions. It is a fundamental technology behind cryptocurrencies like Bitcoin and Ethereum. Each chain block contains a transaction set, which are checked on the network using complex algorithms. This creates an unchanging record that can be resistant to unauthorized.
MONEY: SAFE ONLY FOR YOUR CRYTOGRAPHIC CURRENT
A wallet is a digital storage system that allows you to manage cryptographic currency. There are two types of wallets:
* Paper wallets: These are physically, paper wallets that generate exclusive code for each transaction.
* Digital Wallets: These are nuts with software based on which can be accessed through different devices and platforms.
Choosing the right wallet depends on your personal preferences and needs. Some popular options include:
* LEDGER NANO X: A very safe and portable wallet that supports more cryptocurrency currency.
* Binance currency wallet: A digital user wallet developed by Binans, one of the largest cryptocurrency exchanges.
* Wallet confidence: A wallet based on a mobile application that offers advanced security features and no longer integration with other platforms.
ICO (initial currency offer)
The OIC is a way to make investors’ blockchain developers in exchange for their own cryptographic currency. Here is how it works:
- Developers create a new token:
A team of developers creates a new cryptographic currency that they offer for sale via ICO.
2.
- Tokens are distributed: tokens are distributed to investors in the form of Fijat currency (for example, USD), with any excess blocked.
Popular ico -obsi includes:
* PARITY OF TECHNOLOGIES: raised more than $ 12 million for your Token based in Ethereum, parity.
* Ethereum: Started in 2015, Ethereum is one of the most commonly used blockchain platforms.
Trends lines: Visual price display
The trend line is a graphic price display over time. Traders use it to identify possible purchasing or sales signals. There are several types of fashion lines:
* Simple moving average (SME): The weighted average of recent prices, with shorter lines that indicate greater volatility.
* Exponential moving average (EMA):
Line followed by 50% and 200% of EMA for additional smoothing.
Trend lines can be used to recognize various levels -chau:
* Support levels: Areas where the price rejected or stopped.
* Resistance Level: Areas where the price is fighting.
* Creation Points: Areas around which the price can be drilled or reverse.
Investment in cryptographic currency: tips and tricks
Although investing in cryptocurrency can be exciting, it is crucial to cautiously approach the market. Here are some tips:
* Research: Understand technology, use cases and risks associated with a specific enigmatic currency.
* Diversify your portfolio: Spread your investments in multiple currencies to reduce your risk.
* Set clear goals: Set your investment goals and risk tolerance before investing.
Conclusion
Cryptographic coins are far from their early days in 2009.