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How to use blockchain technology and digital currency to make money, many novices are not very clear about this, in order to help you solve this problem, the following editor will explain for you in detail, people with this need can come to learn, I hope you can gain something.

It is said that the risk of making money is often proportional to the return, high risk and high return, low risk and low return; making money is actually the probability of playing and the success of high probability. If you want to make money, think independently and rationally, and establish a profit model that suits you, so as to avoid making incorrect decisions because of emotional impulses or commitments and inducements from others. So how to use blockchain technology and digital currency to make money?

First, engaged in block chain science and technology related industries

Blockchain technology solves the problems of trust, security and efficiency. Smart contracts will be applied to various industries to greatly reduce costs and improve efficiency. Imagine that in a life full of intelligent contracts, computer programs strictly abide by the terms of the contract, and people don't have to spend energy on "trust." The transaction speed is faster, the transaction scope is wider, and the transaction content is richer. We don't have to spend a lot of time looking for intermediaries, notarization, issuing certificates, and so on. We can trade quickly with people all over the world, not only copyright, but even a good idea, idea or time.

There is no doubt that blockchain technology will have a broad space for development. For companies, if they can take the blockchain Technology sonic aircraft, it will help them compete in a higher dimension and have an advantage. For individuals, they must constantly accumulate knowledge, master talents, keep up with the development of blockchain technology, and find the right time to realize their knowledge and skills. In addition, people who participate in blockchain technology will also become a "hot cake". Those who want to work in this industry should not miss this sunrise industry. Improve your social status, wait and see.

Second, participate in ICO

ICO is completely called initial Coin issue (Initial Coin Offering), which is a way to raise money in exchange for initial digital cash. When a new type of digital cash appears, it is usually necessary to raise a certain amount of money to start operation. In the digital cash world, the highly traded and highly recognized digital cash (digital cash) collects bitcoins from participants and returns newly issued digital cash (TOKEN). After the official launch of digital cash, there is likely to be a sharp rise, which will benefit participants.

ICO is similar to an initial public offering, except that the latter issues securities while ICO issues digital cash. At present, the government does not supervise the company's fundraising, but strictly monitors the initial public offering. Therefore, investors need to take high risks in order to participate in ICO. Ordinary investors are not allowed to participate in the IPO. By contrast, the threshold for participation in ICOM is much lower than that of an initial public offering. To participate in ICO, it is not enough to start a few pages of the team's white paper. We can only see the story of ICO suddenly getting rich, but we don't see their free investment.

III. Digital currency investment

In recent years, due to the popularity of Bitcoin, the concept of digital cash has gradually spread. Despite the ups and downs of the market, it is still rising on the whole. As a result, thousands of digital cash have sprung up in the market. Good and evil are mixed, good and evil are mixed. So do ordinary investors have a chance to participate?

1. The price of digital currency

To invest in digital cash, we still need to study the reasons for the rise and fall of prices. I think digital cash is similar to stocks and gold. We know that the rise and fall of stock prices is made up of the intrinsic value of the company and market sentiment. Gold is scarce and is recognized as a hard currency in global circulation. However, digital cash has good liquidity, but it has no performance support and no so-called enterprise value. Its price mainly comes from the market's confidence in its future development.

Mankind has evolved from primitive barter to shells, gold and silver as money media, then paper money media, and finally electronic money (Alipay and Wechat). Transaction costs continue to reduce, transaction efficiency continues to improve.

2. Move bricks

The move of digital currency is arbitrage. The principle is that since the same digital cash is traded on multiple exchanges at the same time, the same currency on the same exchange will have different pricing methods, and different currencies on different exchanges will have their own ups and downs. Therefore, for the same digital cash, there are bound to be price differences between different exchanges. Participants earn the difference by buying at low prices and selling at high prices.

The risk of moving bricks lies in the security of various exchanges and price fluctuations caused by delayed withdrawal of currency or cash. Excluding the exchange rate, handling fees and market fluctuations and other factors, the income from manual removal of bricks is getting less and less. Because there are more professional robots in this job.

3. Hoarding coins

Investment should attach importance to its long-term value. Digital cash is a vital system. When a more secure algorithm appears, you can upgrade the algorithm to maintain a high degree of security. Choose digital cash and consider factors similar to ICO projects to analyze the intrinsic value of the currency. Currency lacks intrinsic value and sustainability.

Digital currency is a digital asset based on blockchain technology. With the wide application of blockchain technology in the future. The application of digital cash will be popularized gradually, and its importance will gradually become apparent. It is difficult for ordinary investors to accurately judge the newly developed currency, and it is recommended to choose a currency with a large trading volume in the market. After the market test, the first product has high safety. Just like you will hold US dollars and RMB, but you will not hold little-known currencies of small countries.

4. Suggestions

Invest in mainstream digital cash, such as Bitcoin as the main investment currency; give priority to exchanges that have been operating safely for more than three years; learn to use digital wallets and protect private keys. Because of policy risk or moral hazard, the money in the exchange can be used passively without my permission. It's safest to keep it in your wallet. Private keys should be printed or handwritten and should not be stored on networked computers; always maintain a clear sense of risk. Digital cash is already a high risk. Don't increase your stakes, and don't easily trust other people's recommendations. There is no such thing as a mighty god. Pay the price for your decision; don't invest it all at once. Regular fixed investment is a good way to reduce risk.

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