The word 'crypto' comes from the Greek word kruptós, meaning 'hidden' or 'secret'.
But in the context of Virtual or digital currency, 'Crypto' is simply a prefix. Though for past three thousand years 'Crypto' has meant hidden. Unlike 'cryptography' which means hidden writing, 'cryptocurrency' does not become secret money. They are currencies based on advanced cryptographic technologies that allow their issuance, validation, and registration in a decentralized manner.
What does this mean is that it is not controlled by one individual or institution rather by several individuals collectively wherein a transaction finds its entry in a distributed ledger only upon solving of a mathematical puzzle by a miner, termed as 'hash-rate'. This is the validation key which gives Cryptocurrency its trust factor, unscathed.
Cryptocurrency [“Cryptos”] does not come in the form of our usual paper note or physical coin, rather it is there in electronic form. One may call Cryptocurrency as a Programming Language. Cryptocurrency (virtual assets) is an innovative technology (based on Blockchain) to transfer value globally, such as sending payments or investments. It reduces third party commissions to almost negligible.
Cryptocurrency finds its utility in means of Payment, Saving and Investment. While means of Payment has begun to take shape in last few years, it is still a far cry as means of Saving and Investment. What does one do in the meantime? Trade in Cryptos to learn and earn and in the process be future ready.
Before one think of Trade in Cryptos, one has to develop a Trader mindset. Market only moves in two directions: it either rises or it falls. There is no third or more directions. A Trader makes Profit/Earn whether market falls or rise. He or she loves volatility ( market movement) in the market, rather he or she welcomes it.
Quite opposite to a Trader is Investor, who holds onto the asset for dear life and Speculator, who has mental make up of FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty and Doubt).
It has been proven statistically that a Trader makes 5-10 times more money in Exchanges than an Investor, within the same time period.
Now, one can trade manually (on one's own) or through the use of Robot (BOT using Artificial Intelligence and Machine Learning). Manual trading is universal in markets like Stocks, Commodities and Printed Currencies, as they are only open for a certain number of hours for trade, at individual locations of course. This is not the case with Cryptos. Its market is open anywhere in the world, 24x7, 365 days a year. Moreover, movement in its prices are per nano-second, unlike traditional exchanges.
This unique characteristic of Cryptos makes a suitable case for BOT based trading. Ideal BOT is one which does not predict the market rather acts on its analysis. Another characteristic of BOT, it should never sell at a loss for one. This will make Cryptos equivalent to Gold, where one can hold onto it till there is favourable return.
Are there such BOT available, Yes, but only a handful which does not predict the market like a human does (and may end up in making wrong prediction) but only acts on market analysis (and increase its intelligence with a greater number of its users though AI and ML technology) and will never sell at a loss for its subscriber/user.
In every 'something new' there are the early adopters, the first movers, the Edgewalkers.
Let You be the one to develop the Trader mental make up in Cryptos using BOT technology.
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