Start Bitcoin (virtual currency, crypto-currency) to begin

Start Bitcoin (virtual currency, cryptocurrency)う

【Introduction】

Hello everyone. Are you making money with FX?

Some are increasing their assets smoothly with FX, some are decreasing smoothly,

some are mentally worn out, or they are looking overseas for new investment methods

and so on. I think there are various situations.

Here, for such people, as a somewhat unusual investment destination

I would like to write about Bitcoin (virtual currency, cryptocurrency).

I would be happy if you could read it as a little break.

【What are virtual currencies / cryptocurrencies?】

First of all, virtual currencies / cryptocurrencies are

■: A value added to the “blockchain technology”

■: There are hundreds of types around the world

■: Unlike cash, they are not guaranteed or issued by any central monetary authority

■: The issuance quantity is limited for many currencies

■: Basically a sequence of alphanumeric characters

■: For some reason, in Japan they are called “virtual currencies,” overseas they are called “cryptocurrency”

and are often referred to as such.

■: Their price (value) fluctuates.

If you have read up to this point,

you might be more excellent if you clearly understand it.

(I also explained it similarly to my own barber,

and he asked, “So, is virtual currency like a T-point or something?” which made me laugh, lol)

So, I’ll omit some technical details a little,

and you should start with the understanding that “virtual currency is like money.”

【Then, what is Bitcoin?】

Well, such virtual currencies, the representative one is Bitcoin.

There are many real-world currencies like the dollar, yen, euro, yuan, etc.,

and it feels like the dollar is the representative one.

Among hundreds of currencies such as Litecoin, Ripple, Ethereum, etc.,

Bitcoin is the most famous, and

its trading volume and market size stand out.

Since it is still a relatively new technology,

the daily trading volume of FX that you all engage in is not close to

the level yet...

Nevertheless,

Bitcoin can be traded in Japan as well (Bitcoin/Yen).

To be continued in Part 2

(＊Note: This article does not contain any paid sections, sorry for that)

【About the Author】

For a long time, in my main job I have conducted investment consultations and consulting,

and when I received various questions from clients around me,

I started investing in Bitcoin myself, and I hope that readers of fx-on can read about my experiences and learn from them.

Thank you.