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Showing posts with the label bitfinix

10 lessons from 20 famous traders that you should not forget

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  Trading digital currency is an adventurous journey that makes sense to anyone and can affect jobs, businesses and all industries. The real traders are the people who set their heart on it and succeed in it. They use various tools and strategies to do this, and each follows its own rules and principles to achieve this goal. Of course, there are similarities and differences between the methods and habits of successful traders. Digital Currency Researcher Denys And rushchenko, reviewing the conversations of world-renowned traders, has compiled ten very important recommendations in the form of an article, which you can read below. 1.Training on trading and investing Walter Lesicar, Bert Bossenberry and Madaz are three successful traders. All three believe that learning and training is the most important step to becoming a successful trader. Their simple but important advice is to open a demo account; Such accounts give the trader some unrealistic inventory to trade and help him to be...

How to secure your digital currencies? Bainance CEO responds

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  Securing digital currencies is one of the main challenges in this area. In the world of crypto, everyone is their own personal bank and the responsibility for the assets is at its highest. In a detailed article, Changpeng Zhao, CEO of Bainance Exchange, describes everything you need to know to keep your digital assets safe. After reading the following article, you will get acquainted with all the ways to maintain the security of your digital currencies and user accounts in this field. Despite the obvious importance of security, there are many people who do not take this issue seriously in their daily lives. On the other hand, we see that security experts think that ordinary people have a deep understanding of security issues, and based on this way of thinking, they design systems that are very difficult to work with and have a lot of complexity. Security is a very broad issue, and I (CEO of Bainance) do not specialize in many areas of security, but I have seen a lot of people hav...

What is Bitcoin?

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  Oleg Andreev, software designer and security developer, in an article published on his personal blog, compared bitcoin with various economic, social, economic assets, technologies and phenomena, and examined their differences and similarities. In his article, Andrew first outlines the similarities and then the differences between Bitcoin and each of these phenomena. To read this article, stay tuned to Digital Currency. Bitcoin is like cash. Bitcoin transaction is non-refundable and you are fully responsible for it. If you lose or forget your wallet private key, you will lose your property. You can give bitcoin to someone to keep it for you, but like a bank, you have to trust these people and make sure they do not run away with your money. Bitcoin is not like cash. You can store as many bitcoins as you want and they will not take up any space unlike physical cash. You can send it to anyone via wired or radio communication. Bitcoin counterfeiting is impossible. The transaction will...

The story of bitcoins lost in the most stupid way possible

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  Reading the title of this article may be scary too! Losing bitcoin literally means losing bitcoin! There is no bank to turn to and no higher authority to return your money. Lost bitcoins are forever out of your control and you better not think about them anymore! In its new article, the website IMBI Crypto tells the story of people who have lost many bitcoins in stupid ways. It is best to never forget these two rules:   Rule 1: Keep your private keys (or retrieval terms) safe. Rule Two: Never forget the first rule. There are many stories about lucky people getting rich with Bitcoin. This article focuses on the least fortunate who have lost their money and bitcoins.  You can not discard your old computer where bitcoins are stored because the value of your bitcoins has not gone up. But the person in our story did it. This story took place around 2010, when everything was simpler, years before the Bitcoin fame exploded. Syl Turner mined two bitcoins when they were ...

A look at conspiracy theories about bitcoin

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  Do Jews control the world economy? A look at conspiracy theories about bitcoin   Many people believe that the world situation is not going as well as most people think, but that there is careful planning for everything; What is scientifically called "conspiracy theory". In a word, conspiracy theory can be considered as disbelief in the formal appearance of political, economic and historical events; Disbelief in what is officially accepted. With a little care in the philosophy of creating technologies without the need for trust and intermediaries, such as Bitcoin and the Chinese blockchain, we find that most proponents of the digital currency community are also skeptical or skeptical of what is legally accepted and proposed. In fact, creating a financial system that works without the need for a central supplier and supporter is itself an important testament to the distrust of individuals towards the central organizations in power. However, many still believe that this ...