Over a year ago, I've been hearing & seeing some advertisements online about this cryptocurrencies, but honestly I didn't bother to keep an eye on it for I thought it's just a pyramiding scheme or a scam. I've been also receiving invites to invest in their stocks or trade it from few people I've meet on social media specially, facebook. I really didn't entertain them because I assumed they're just scammers(no offense, that's what honesty in my mind since I don't know them personally)and also I don't have any penny to invest too. Then, almost 2 weeks ago, one of my friend neighbour introduced this noise. Cash site to me & she claims that she earned cents in every post that she makes without paying anything for registration or signing up, that got my attention (money). That's the time when I started to get curious, what is really cryptocurrencies?
Cryptocurrency is digital money. That means there’s no physical coin or bill — it’s all online. You can transfer cryptocurrency to someone online without a go-between, like a bank. Bitcoin and Ether are well-known cryptocurrencies, but new cryptocurrencies continue to be created.
It use 'decentralized control',[4] which means that they aren't controlled by one person or government. This is different to 'centralized' electronic money and central banks.[5] The control of each cryptocurrency works through a distributed LEDGER (a list of transactions shared by everyone), usually a blockchain,[6] that serves as a public financial transaction database.[7]Bitcoin, first released as open-source software in 2009, is often called the first decentralized cryptocurrency.[8] Since then, over 4,000 cryptocurrencies (sometimes called 'altcoins', which is short for alternative coins) have been created.
People might use cryptocurrencies for quick payments and to avoid transaction fees. Some might get cryptocurrencies as an investment, hoping the value goes up. You can buy cryptocurrency with a credit card or, in some cases, get it through a process called “mining.” Cryptocurrency is stored in a digital wallet, either online, on your computer, or on other hardware.
A cryptocurrency’s value changes constantly.
A cryptocurrency’s value can change by the hour. An investment that may be worth thousands of U.S. dollars today might be worth only hundreds tomorrow. If the value goes down , there’s no guarantee that it will go up again.
Investing in Cryptocurrency
As with any investment, before you invest in cryptocurrency, know the risks and how to spot a scam. Here are some things to watch out for as you consider your option.
Cryptocurrency Scams
As more people get interested in cryptocurrency, scammers are finding more ways to use it. For example, scammers might offer investment and business “opportunities,” promising to double your investment or give you financial freedom.Before you buy something with cryptocurrency, know a seller’s reputation, where the seller is located, and how to contact someone if there is a problem.Not all cryptocurrencies — or companies promoting cryptocurrency — are the same.
Look into the claims that companies promoting cryptocurrency are making. Search online for the name of the company, the cryptocurrency name, plus words like “review,” “scam,” or “complaint.”
Watch out for anyone who:
- guarantees that you’ll make money
- promises big payouts that will double your money in a short time
- promises free money in dollars or cryptocurrency
- makes claims about their company that are not clear
Cryptojacking
Cryptojacking is when scammers use your computer or smartphone’s processing power to “mine” cryptocurrency for their own benefit, and without your permission. Scammers can put malicious code onto your device simply by your visiting a website. Then they can help themselves to your device’s processor without you knowing.
If you notice that your device is slower than usual, burns through battery power quickly, or crashes, your device might have been cryptojacked. Here is what to do about it:
Close sites or apps that slow your device or drain your battery.
Use antivirus software, set software and apps to update automatically, and never install software or apps you do not trust.
Do not click links without knowing where they lead, and be careful about visiting unfamiliar websites.
Consider a browser extension or ad blockers that can help defend against cryptojacking. But do your research first. Read reviews and check trusted sources before installing any online tools. Some websites may keep you from using their site if you have blocking software installed.
I've never imagined there will be a time that everything would work through online even making money. I have never thought that these cryptocurrencies world does exist. And right now, yes I'm into this world, I have https://noise.cash/u/Fritzie2894
https://read.cash/@Fritzie2894/
https://www.publish0x.com/?a=J0dN90WLbL
Accounts already that gives me the privilege to earn small amount of money by posting & making articles without any money invested, just your time & attention. It does not also involves physical money & I can do it at home at the same time taking care of my family. I'm looking for more earnings in the next few months. Thank you cryptocurrency!
https://simple.m.wikipedia.org/wiki/Cryptocurrency https://www.consumer.ftc.gov/articles/what-know-ab
WWW.GOOGLE.COM
Regulation and Society adoption
