In General Discussions
8. Trading Trading is seen as a way to Whatsapp number database to make money within cryptocurrency. The systematic buying and selling of crypto coins are seen as 'trading'. Since there are thousands of cryptocurrencies today (and they all have different prices), it can be interesting for investors and traders to trade a certain coin. Compare it to the Whatsapp number database of the stock market again. Of course, traders try to make a profit on their portfolio in this way. The difference between investing and trading is the regularity with which one trades. Investment is seen as a one-time purchase, which is sold for a profit (or loss) after a longer period of time. But trading is aimed at Whatsapp number database making quick profits. So the added value of the project is not looked at at all but invested purely on the basis of potential profit. 9. Mining/Staking Mining and Staking are mechanisms used to approve and verify Whatsapp number database transactions. The way in which transactions can be validated differs per coin. Miners and Strikers provide a reliable network and are paid in cryptocurrency in return. It is therefore a way to generate extra income while contributing to the security of the network. This also has to do with the decentralization Whatsapp number database of a blockchain. These mechanisms are substitutes for third parties. Instead of one entity auditing all transactions, there are thousands of controllers taking care of it. The security of a blockchain is therefore unprecedentedly high. Good luck I understand better than anyone that the world Whatsapp number database of blockchain technology and cryptocurrency can be very complicated for a beginner.