Ignorance about bitcoin cash (BCH)

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Avatar for adereign
2 years ago

Ignorance of bitcoin cash - this could only tackle by passing the knowledge to the general public by advert and other medium of educating or using the fake fake news to increase or decrease the price for making money. but only an expert can only tell it is bitcoin Cash (BCH) or bitcoin core (BTC).

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I have noticed that there is a lot of hatred and negativity within the Bitcoin community regarding Bitcoin Cash (BCH). This has led me to create this website as a resource to promote Bitcoin Cash. Bitcoin cash – The Currency of Big Blocks will be the 'go to' site for anyone who wants to know more about Bitcoin Cash. I want to make it as easy as possible for those who want to research and learn about Bitcoin Cash and its history and the people behind it. I also want to promote and share any articles and videos that you may find informative and useful.

Currently this site is in its infancy but I hope that over the coming months we can promote BCH further and help increase its adoption and ultimately help push Bitcoin forward by offering a viable alternative. Please check out the website and feel free to give your comments and support on what you think would be helpful. There is so much to do and learn in the world of cryptocurrency and business. Knowing where to start can be a little bit tricky and an intimidating journey.

Do not fear, we have compiled a list of the top 9 ways for you to grow your crypto. Without further ado, here they are:

Joining a platform- is the first thing you should do after buying or mining your first coins. Cryptocurrency platforms such as Kucoin and Frei Exchange provide users with the opportunity to invest in a variety of other cryptocurrencies as well as their own. Being able to diversify your portfolio helps protect against risk. The platforms also allow you to interact with other cryptocurrency traders and pursue various activities such as social trading, mining and market discussion. Both platforms have a built-in affiliate marketing system which pays its users a share of the trading fees from those that they refer.

Mine – Crypto can be mined, similar to how gold is mined. At the moment, Bitcoins can only be mined. Mining involves solving complex mathematical problems and users can compete in solving as many problems as possible. It’s important to note that the number of coins will eventually run out and it’s expected that in 2020, all 21 million Bitcoins will have been mined.

The act of mining involves solving complex problems that become increasingly difficult over time. This process of solving these problems requires computing power. In exchange for its computational power, the miner gets Bitcoins as a reward.

It is the process of accepting transactions and printing the currency. In the crypto world, mining is done by computers which solve complex mathematical problems and are rewarded with coins. There are a limited number of coins that can be mined, and mining difficulty is high. Mining requires a considerable investment, which is more profitable if you have access to cheaper electricity and equipment. This investment should also yield profit if the value of coins goes up. Trading – an easy way to cash in on crypto is to use it for transactions and trading. This can be done through exchanges or peer-to-peer (P2P) platforms.

A P2P platform is an online community of users who buy or sell goods using cryptocurrencies. These platforms usually require a registration fee and commission for the transaction. Users can also expect to pay a fee when selling their goods online. There is also risk involved in trading with these platforms since bad actors are always lurking around.

Set the price - Tether (USDT) is a cryptocurrency asset that allows you to store, send and receive currencies across the internet. If a crypto currency has high volatility, it means that its price fluctuates quickly – this impacts the value of your crypto holdings. Tether allows you to set a USD value for all digital currencies such as Bitcoins and Ethers. This, in turn helps reduce volatility making it possible to predict the value of cryptocurrencies more accurately.

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2 years ago

Comments

Great article, I found the information very useful. Thank you for publishing. Greetings and success.

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2 years ago

I will like to learn more about this Tether that helps reduce volatility. Thanks for the article

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2 years ago

Good luck with your site

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2 years ago

P2P is very risky, some people will want to use every opportunity to scam

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2 years ago

You did a great job making the platform. Yes, people do talk about read.cash, and BCH in general. Like people earn here in cents/less. But I'm hopeful about this platform and I believe in BCH. :) :)

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2 years ago

Really great, thank you my friend for the information, I will always follow you, your articles are useful

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2 years ago

My mind started as a blank sheet of paper about cryptocurrencies. Thanks to this site I've learned a lot about it.

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2 years ago

Please give the link to that website and let grow it together

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2 years ago

I'm complete foreign to this kind of topic, but hopefully I will be able to know the world of cryptos in the future. ❣ Anyways, you have such an informative blog @adereign.

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2 years ago