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Cryptocurrency is a digital or virtual currency that is meant to be a medium of exchange now cryptocurrency is quite similar to real-world currency just that it does not have any physical embodiment.
It also uses cryptography to work the way it does now some of the features of cryptocurrency are that there's a limit to how many units can exist with Bitcoin this limit exists at 21 million now.
Now of course in this series we're going to focus on the investment of money but we hear people talking about making investments with things other than money all the time, so for example maybe little Billy invested a lot of time reading about cars and engineering because he liked watching car races on TV.
financial investment which is what the rest of our series will be focusing in on. In this case the resource being committed is going to be money, the endeavor or thing is going to be a financial investment, which can be stocks, bonds, investment funds, real estate, and more, and the return is the difference between the money we end up with versus the money we put in.
this article is made for beginner traders looking to get started. And my recommendations of how I would personally start again if i can go back in time six years ago. Again, these are my personal opinions only not financial advice.
Let me reassure you, after trading for 6 years now, the reality is far from that. Trading is NOT easy, controlling risk, maintaining discipline and focus is a constant battle on a daily basis. Like i mentioned in this article, even if you are trading part time while working a full time job, you are essentially running a part time business that requires full time effort..