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KateNickolson

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  1. Hi!During cryptocurrency investing, it is better to use your own funds, which you are not afraid of losing. You can also use credit, but you need to be well aware of the degree of risk.There are a lot of different cryptocurrencies now. But I prefer bitcoin. It is more reliable. And somehow investors have a better attitude to it. I buy this cryptocurrency for investing and trading. I keep half of it for long term gambling. The other 50% I use for trading. Both strategies are profitable. Bitcoin goes up in value and my assets go up in value. And trading brings about $400-500 a month, which is also very good.
  2. If I am asked to recommend a cryptocurrency exchange, I would probably recommend Binance. There are huge trading volumes, the exchange is very famous. Commissions are low here, which is very good. A wide functionality. But there are also disadvantages, of course. It happens that you can not log on to the exchange, but these difficulties are temporary, most likely due to server overload. It is also very intricate site, it will be difficult for a newcomer to understand it.
  3. In addition to the fact that NFT can be equated to a document format and practically rid the world of bureaucracy, protect copyrights and intellectual property on the Internet from theft and other problems, provide a profitable business model for artists and gamers, there is an even more global ideology embedded in this technology - decentralization. That is, thanks to blockchain technology, it is possible to eliminate various intermediaries: lawyers, politicians, banks. You can no longer depend on their terms, because there are smart contracts, which do not require a human, the machine code will work everything as precisely and quickly as possible; there is bitcoin - a currency, wallets, all transactions with which are securely protected; there is NFT, which allows you to transfer any product to the blockchain and simplify all interaction with it.
  4. Analysts and market participants interviewed by Forbes believe that the main reasons for the decline in the cryptocurrency sector are the changes in U.S. financial policy and the end of the bullish trend in the technology sector, which includes cryptocurrencies. Stock and cryptocurrency markets are facing the logical consequences of the economic stimulus program that the U.S. implemented to combat the pandemic and a possible slowdown in economic growth
  5. Cryptocurrency is virtual money, payments with which take place in a decentralized (not controlled by anyone) system. The world's first cryptocurrency was bitcoin. Its creator is considered to be Satoshi Nakamoto, whose identity remains undisclosed to this day. He wrote the code and formulated the principles of the future cryptocurrency network. This happened in 2009. And the very next year, bitcoin began its active expansion into the global economy.
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