How to make money with digital cryptocurrency
Digital cryptocurrency is a kind of currency that is not issued by legal tender institutions and controlled by the central bank. It is based on the open source code of a group of equations calculated by computers all over the world, and is generated by a large number of calculation processing of computer graphics card and CPU. It uses the design of cryptography to ensure the security of all aspects of currency circulation
development materials:
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definition of digital currency:
digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English and the alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy< br />
There is a lot of water in it. Be careful if you are cheated, you will lose all your money
as shown in the figure, at present, the prices of mainstream currencies in the major exchanges are not very different, and there is no profit arbitrage for you to move bricks. Moreover, there are also handling charges for moving bricks. Pay attention to whether the same transaction is right!!! In short, it's not cost-effective to move bricks
if it is a non mainstream currency, such as air currency, the price difference between different exchanges may be relatively large, but there are many pitfalls. Some exchanges can not withdraw money, or there are many restrictions, such as locking positions and so on. It's very likely that they will not be able to move bricks and break their own feet. Many small exchanges have this kind of routine, with high price difference to ince you to be cheated, when you charge money to prepare for arbitrage, lock the position first, when you want to unlock, the boss of the exchange runs away with money
if you can make a profit by moving bricks, the employees of the exchange can make a lot of money by themselves. Why cheat you to charge money!!! After all, it's the Internet age. Anyone can get public information, and no one is a fool
factors to consider when choosing the cryptocurrency to invest in 2020
although there is a trend of devaluation of cryptocurrency in the world in 2019, some bitcoins still have good potential for quick and long-term return on investment. Don't just focus on the current cryptocurrency exchange rate, because the index is the most unstable and may change dramatically in a few weeks (take the sharp fall in the price of bitcoin in 2018 as an example). Instead, consider the following factors and indicators:
market value - the value of all digital coins issued in a given cryptocurrency. High market value means that a large number of cryptocurrencies participate in active transactions, which means that the interests of investors are enhanced
liquidity level - the higher the level of liquidity, the faster the cryptocurrency can be sold at market prices. The most popular cryptocurrencies - Ethereum, bitcoin and ripple - are highly liquid. The trading activity of an exchange indicates the number of transactions carried out with a certain password over a period of time. This indicator shows the actual demand of traders for a specific cryptocurrency
you are free to invest in any cryptocurrency in 2020. Remember to diversify and work with reliable foreign exchange services and brokers to protect your investment transactions from fraud. Make sure to include cryptocurrency in your portfolio as soon as possible, while top currencies such as bitcoin and Ethereum are still hot spots
at present, among the Canadian currencies, bitcoin should be the cryptocurrency worth investing in. At present, there are two kinds of bitcoin trading, the first is spot trading, and the other is contract trading. Different trading platforms have different procts. The Saturn exchange is a good choice for contract trading.
so who made the money
exchanges, investment institutions, mines, large holders of money
this is a market where big fish eat small fish and small fish eat shrimps. As an indivial investor, no one can guarantee 100% profit.