Raymond, Dave
Cryptocurrency is a disruptive concept used in the current monetary system as an alternative to fiat currency. Entrepreneurs, startups, and large as well as small and medium-sized enterprises (SMEs) take an interest in cryptocurrencies and consider them a groundbreaking tool to combat transactional compliances. Because of these reasons, the ecosystem has attracted vast venture funding, alliances, and partnerships among vendors of cryptocurrency solutions to provide end-to-end solutions.
Plenty of people invest in building payment gateways and websites for their currencies. When a customer makes a purchase using a cryptocurrency as payment, the transaction often passes a fixed exchange rate through the payment gateway. It translates immediately to commonly accepted fiat currency so that the merchant can escape the cryptocurrency market instability. Cryptocurrency payment has several advantages, such as improved transactional security, fraud protection, decentralized framework, low fees, customer chargeback protection, and rapid international transfers.
Throughout history, we've used different mediums of exchange like commodity money, paper money, gold standard, fiat currencies etc. Different scientific communities across the world have been dissatisfied with the short-comings of these traditional currencies. Due to the explosion of internet and progress made in the fields of cryptography, online security, and digital payments, it became possible to have a decentralized currency that could void the necessity of a central bank or government.
The first modern cryptocurrency to emerge that is effective and used widely is Bitcoin. A white-paper explaining the details of bitcoin implementation was first published under the pseudo-name of Satoshi Nakamoto in October 2008. The paper is titled "Bitcoin: A Peer-to-Peer Electronic Cash System" and can be downloaded at www.bitcoin.org/bitcoin.pdf. On January 2009, Satoshi released the initial version of the bitcoin software on SourceForge.net, opening the technology up to the public.
This book covers the following topics:
- What is a cryptocurrency?
- The pros and cons of cryptocurrencies
- Different types of cryptocurrencies
- Cryptocurrency exchanges and tools
- Wallets & security
- Fundamental and technical analysis
- Cryptocurrency trading strategies and tactics
- Mistakes to avoid while trading cryptocurrencies
- How cryptocurrency can and will disrupt the financial system
...And much more
Want to learn more about Cryptocurrency Trading? That's right! I have created this book to share my knowledge with people like you who are willing to learn about this digital medium of exchange. What are you waiting? Hurry up and click buy now!
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