CRYPTOCURRENCIES: THE NEW BLACK DIAMONDS IN ENGLISH|SPANISH

in spanish •  6 years ago  (edited)

2018 has arrived and even gone half way across the year, mass publicity of crypto currency much more than the AWAKENING in 2017 we've seen the birth of so many cryptos ranging over 1600 currencies and several blockchains, rise and crash of most currencies and as well as those whom have played their way to the gallery of wealth via the Bitcoin burst in December, 2017.

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Still, amidst this whole party and backdrop(or bubble as many tends to refer to it),Its no surprise that the most part of the world population are yet to know about it and even those who have probably heard about it still find it hard to understand, or fully grasp the whole concept of it.

Crypto investment can be entirely confusing and may sound like a very complex math to most people hearing about it for the first time as it completely differs from the traditional investing schemes, such as stocks, franchising, real estates or hedge bonds. Before going into the whole concept of how to invest in cryptos or why invest in cryptos it is of great essence to first know the meaning of crypto currencies.

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WHAT ARE CRYPTOCURRENCIES??
A cryptocurrency can be defined as a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular crypto-currency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.

In the early days of crypto, its basic use and function was just merely as a means of decentralised anonymous exchange and/or payment as in the case of Bitcoin, however in recent times there have been a constant development and enhancement in the utilization of crypto and blockchain technology in solving real life problems, such as Ethereum for decentralized apps and smart contracts, stellar lumen for multi currency transactions, wepower for solar and electricity supply,the list goes on..... we find out that most cryptos of recent are tied to a certain company of which has a specific purpose and functionality.

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This article was written for a friend specially and i thought of sharing with the general public as some other persons may find it really helpful, In this article, I will try my best to breakdown the complexity of crypto-currency investments in the simplest possible way i can as well as the safest way to participate in it.
Without much ado, if you reading this post you must have heard about Bitcoin or probably its been flashing on the trending news or seen one or two articles about it on social media and probably wondering how best do i get into this trend and invest in it.

Great decision you've made, however, i would tell you investing in bitcoin now may not do you much good than investing in some of the alts coins(alternate coins those cryptocurrencies aside bitcoin), i will give my reasons later on or you could read this article here>> for an indepth explanation.

There are three(3) basic ways of investing in cryptos, either you are hodling, partaking in ICOs or trading in the crypto market via exchanges, if you are looking for the easiest method to take i'd honestly tell you that none is easy as they all have their various hurdles and challenges, however HODLING is the most common and advisable way of investing in cryptos as at now.

1. HODL:
I bet you've been seeing this trending and probably wondering what it means or if its been spelt wrong, actualy HODL simply refers to the word HOLD, but in the crypto ecosystem we call it HODL,( it originated when a young bitcoin enthusiast mistakenly spelt the word hold wrongly in the bitcointalk forum and ever since then the new correct word has been HODL. sounds more cool doesnt it, hahahaha).

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In Hodling, an investor purchases a certain cryptocurrency of choice with the hope of it appreciating in value over a long period of time based on his analysis and belief the coin or project, after which on maturity of the token he sells it with a higher gain and return of investments.

Taking bitcoin as popular example, an investor who invested 100$ in bitcoin in the year 2011 while the price was just 1$/BTC would have purchased 100BTC for just 100$ and then hodl his bitcoin in his private wallet for the next 5years or probably 6years, when bitcoin had appreciated to about 600$/bitcoin in the month of july 2016, the investor would have profited 60,000% of his investment which would have made his 100$ or 100BTC worth over $60,000, now thats a massive return of investment, you can imagine what he would have earned if he waited 6years when bitcoin appreciated over 19000$/BTC that would have been a whooping $1,900,000++

However, Hodling is not really easy, as it takes a lot of discipline and patient, i can bet you a whole lot of those who bought bitcoins in 2011 or earlier sold their bitcoin when it appreciate to 30$ or probably those with high perseverance waited till 100$, not everyone really can wait for long. Still its a rewarding returns of investment.

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Like i said earlier investing in bitcoin to HODL as at now might not be the best decision to make as several alts coins with great prospective and projects have risen in recent times. As an investor the major aim of investing is to make profit and a reasonable reward from your investment, and you would also agree with me that one doesnt invest in an already established project but rather on project with future prospectives.

Though Bitcoin is still an appreciative asset and still with alot of future potentials of reaching higher amount, some say $50,000 before the year ends, some propose it reaching as high as 1million$ per BTC, if it will attain these height or not i cant really say if you read my previous articles as regarding the future of crypto and blockchain you would understand why i believe it probably wont get so high, probably may reach $50,000 or maybe $100,000 but i dont see it going anywhere above that(though nothing is impossible).

Now lets take an example, say one purchases 1bitcoin currently for 6300$ and HODL for a couple of 2-5years, let say that bitcoin appreciates as high as 50,000$ or maybe 63,000$/BTC his total return of investment would be roughly 1000% i.e $58,000on the other hand lets say an investor invests that same amount of money in an alts coin such as STEEM, he invests 6000$ in steem at the rate of $1.3/STEEM that would be rough est.. of about 7800 STEEM Tokens, now lets assume also in a space of 2-5years the steem token appreciates to about 130$ that would be 10,000% growth and the investor would make a rough est... of about $1,014,000 MILLION dollars..
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LOL, hahhahaa too good to be true right and you may think this is impossible, let me shock you, RIPPLE grew from $0.004/XRP in DECEMBER 2015 to 4$/XRP in JANUARY 2018 thats 100,000% growth... Ethereum did great as well... so think again which did yield more profit BITCOIN or the alts coins... Dont be deceived with the big figures of Bitcoins focus more on the percentage reward 20,000$ was looking big to everyone in the year 2017 for bitcoin but 4$ looked really small to most people, however more profit was made from ripple than any other crypto currency ever.. DIG THAT.....
This secret and eye opening am sharing with you right now worth millions dont take overlook it.....

2. ICO INVESTING:

This is another means of investing in cryptos, its a process in which investors forecast the future of a project based on its fundamentals and hype thereafter invest in the project at a discounted price known as the INITIAL COIN OFFERING (in stocks refered to as initial public offering) with the hope of it appreciating to a great height after the release of the token to the general public and crypto market the investor thereafter pulls back his capital and overall returns from the investment.

This is a risky investment method, as in some cases investors are exposed to fraudulent acts, we've seen alot of fraudulent ICOs and i personally have been victimized as well, though due to the recent ICO regulations and checks there have been a reduced case of frauds, however, investing in with this method requires detailed research and fundamentals on the particular project or crypto of choice.

3. TRADING:
Trading the crypto market is similar to that of forex trading where a trader purchases a currency at a lower rate to sell at a higher value, crypto trading is done on exchangers or brokers in terms of the futures on BTC, crypto trading requires alot of technical and fundamental knowledge in making market/chart analysis and price speculations.

However, there are various telegram channels which offers crypto signals such as hitech forex and crypto signals(join via the link) in which traders without the basic technical knowledge just copy the trades from professionals who do the analysis and charting.
This is also a great way to grow your satoshi (units of bitcoins) or fiat value while still HODLING your top coins.
There are various crypto exchangers on which trading can be done however the most popular and more of higher funds security are Binance, Kucoin, Huobi, Bithumb, Poloniex, OKex, HitBTC, Coinbene and some others.

I hope this was clear enough as i did my best to ensure i broke down all terms to the simplest possible way anyone can understand.

If you find this helpful do ensure to read the following articles as well
1. THE FUTURE OF CRYPTO-BLOCKCHAIN
2. 5 FACTORS TO CONSIDER BEFORE INVESTING IN ANY CRYPTO CURRRENCY
Thanks for reading and if you do have any question or more clarity please drop a comment below.. Constructive criticism are also appreciated.


Best Regards
Nicholas Ilechie



SPANISH


2018 ha llegado e incluso ha ido a la mitad del año, la publicidad masiva de criptodivisas mucho más que el DESPERTAR en 2017 hemos visto el nacimiento de tantos cryptos que abarcan más de 1600 monedas y varios blockchains, rise y crash of la mayoría de las monedas y también aquellos que se han abierto paso en la galería de la riqueza a través de la explosión de Bitcoin en diciembre de 2017.

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Aún así, en medio de toda esta fiesta y telón de fondo (o burbuja que muchos tienden a referirse a ella), no sorprende que la mayor parte de la población mundial aún no la conozca e incluso aquellos que probablemente ya la hayan escuchado todavía la encuentren difícil. para comprender, o comprender completamente el concepto completo de ello.

La inversión en cifrado puede ser completamente confusa y puede sonar como una matemática muy compleja para la mayoría de las personas que la escuchan por primera vez, ya que difiere completamente de los esquemas tradicionales de inversión, como acciones, franquicias, propiedades inmobiliarias o bonos de cobertura. Antes de entrar en el concepto completo de cómo invertir en cryptos o por qué invertir en cryptos, es de gran importancia conocer primero el significado de las criptomonedas.

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QUÉ SON LAS CRIPTOCURRENCIAS?
Una criptomoneda se puede definir como una moneda digital o virtual diseñada para funcionar como medio de intercambio. Utiliza la criptografía para asegurar y verificar transacciones, así como para controlar la creación de nuevas unidades de una criptomoneda particular. Esencialmente, las criptomonedas son entradas limitadas en una base de datos que nadie puede cambiar a menos que se cumplan condiciones específicas.

En los primeros días de la criptografía, su uso y función básica era meramente como un medio de intercambio y / o pago anónimo descentralizado como en el caso de Bitcoin, sin embargo, en los últimos tiempos se ha producido un desarrollo constante y una mejora en la utilización de criptografía y la tecnología Blockchain para resolver problemas de la vida real, como Ethereum para aplicaciones descentralizadas y contratos inteligentes, lumen estelar para transacciones en múltiples divisas, energía para el suministro de energía solar y electricidad, la lista continúa ... descubrimos que la mayoría de los criptos de los últimos están vinculados a una determinada empresa que tiene un propósito específico y funcionalidad.

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En este artículo, haré todo lo posible para analizar la complejidad de las inversiones en criptomonedas de la manera más simple posible, así como la forma más segura de participar en ella.
Sin más preámbulos, si leen esta publicación deben haber oído hablar de Bitcoin o, probablemente, haber estado leyendo las últimas noticias o haber visto uno o dos artículos sobre ella en las redes sociales y probablemente preguntándose cuál es la mejor forma de entrar en esta tendencia e invertir en ella. .

Una gran decisión que ha tomado, sin embargo, le diría que invertir en bitcoins ahora puede no serle de mucho beneficio que invertir en algunas de las monedas de alts (monedas alternativas de esas criptomonedas aparte de bitcoins), le explicaré mis razones más adelante o podría lea esto artículo aquí>> para una explicación en profundidad.

Hay tres (3) formas básicas de invertir en cryptos, ya sea que estés comprando, participando en ICO o comerciando en el mercado de cifrado a través de intercambios, si estás buscando el método más fácil de tomar, honestamente te digo que ninguno es fácil. ya que todos tienen sus diversos obstáculos y desafíos, sin embargo HODLING es la forma más común y aconsejable de invertir en cryptos como ahora.

1. HODL:
Apuesto a que has estado viendo esta tendencia y probablemente preguntándote qué significa o si se ha escrito mal, en realidad HODL simplemente se refiere a la palabra MANTENER, pero en el ecosistema de cifrado lo llamamos HODL, (se originó cuando un entusiasta de bitcoin joven equivocadamente deletreó la palabra "mantener erróneamente" en el foro bitcointalk y desde entonces la nueva palabra correcta ha sido HODL. suena más genial, no, jajajaja).

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En Hodling, un inversor compra una criptomoneda de su elección con la esperanza de que aprecie su valor durante un largo período de tiempo, basándose en su análisis y creencia de la moneda o proyecto, luego de lo cual, al vencimiento del token, lo vende con una ganancia mayor. y devolución de inversiones.

Tomando Bitcoin como ejemplo popular, un inversor que invirtió 100 $ en bitcoin en el año 2011, mientras que el precio era de solo 1 $ / BTC, habría comprado 100BTC por solo 100 $ y luego hundiría su bitcoin en su billetera privada durante los próximos 5 años o probablemente 6 años, cuando el bitcoin se había apreciado en 600 $ / bitcoin en el mes de julio de 2016, el inversor se habría beneficiado con el 60,000% de su inversión que habría hecho que sus 100 $ o 100BTC valieran más de $ 60,000, ahora es un retorno masivo de la inversión. se puede imaginar lo que hubiera ganado si hubiera esperado 6 años cuando Bitcoin apreció más de 19000 $ / BTC que habría sido un fervor de $ 1,900,000 ++

Sin embargo, Hodling no es realmente fácil, ya que requiere mucha disciplina y paciencia, puedo apostar que muchos de los que compraron bitcoins en 2011 o antes vendieron su bitcoin cuando apreciaron 30 $ o probablemente aquellos con gran perseverancia esperaron hasta $ 100, no todos realmente pueden esperar por mucho tiempo. Todavía es un rendimiento gratificante de la inversión.
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LOL, jajaja demasiado bueno para ser verdad y crees que esto es imposible, déjame sorprenderte, RIPPLE creció de $ 0.004 / XRP en DICIEMBRE de 2015 a 4 $ / XRP en enero de 2018 eso es un crecimiento de 100.000% ... Ethereum lo hizo tan bien como bueno ... así que piense de nuevo qué produjo más ganancias en BITCOIN o en las monedas de alts ... No se deje engañar por las grandes cifras de Bitcoins concéntrese más en el porcentaje de recompensas que 20,000 $ se vieron grandes para todos en el año 2017 para bitcoins, pero 4 $ parecían muy pequeños para la mayoría de la gente, sin embargo, se obtenían más beneficios de la onda expansiva que cualquier otra moneda criptográfica. EXTRAÑE QUE ...
Este secreto y la apertura de ojo estoy compartiendo con usted en este momento vale millones no lo ignoren .....

2. ICO INVESTING:

Este es otro medio de invertir en cryptos, es un proceso en el cual los inversionistas pronostican el futuro de un proyecto basado en sus fundamentos y exageran luego invierten en el proyecto a un precio descontado conocido como OFERTA DE MONEDAS INICIALES (en acciones referidas como público inicial ofreciendo) con la esperanza de que se aprecie a una gran altura después de la publicación del token para el público en general y el mercado de criptografía, el inversionista luego retira su capital y el rendimiento general de la inversión.

Este es un método de inversión arriesgado, ya que en algunos casos los inversionistas están expuestos a actos fraudulentos, hemos visto una gran cantidad de ICO fraudulentas y yo personalmente también he sido víctima, aunque debido a las recientes regulaciones y verificaciones de ICO ha habido un caso reducido de fraudes, sin embargo, invertir en este método requiere una investigación detallada y fundamentos sobre el proyecto particular o cripto de elección.

3. COMERCIO:
Operar con el mercado de cifrado es similar al de las operaciones de cambio donde un operador compra una moneda a una tasa menor para vender a un valor más alto, el intercambio de criptografía se realiza en intercambiadores o intermediarios en términos de futuros en BTC, el comercio de cifrado requiere una gran cantidad de y conocimiento fundamental al hacer análisis de mercado / gráfico y especulaciones de precios.

Sin embargo, hay varios canales de telegramas que ofrecen señales criptográficas como hitech forex y crypto signals (se unen a través del enlace) en el que los comerciantes sin los conocimientos técnicos básicos solo copian los oficios de profesionales que hacen el análisis y la cartografía.
Esta es también una gran manera de hacer crecer tus satoshi (unidades de bitcoins) o valor fiat mientras sigues HODLING con tus monedas principales.

Espero que esto sea lo suficientemente claro como hice todo lo posible para asegurarme de romper todos los términos de la manera más simple posible que cualquiera pueda entender.

Si le resulta útil, asegúrese de leer los siguientes artículos también
1. EL FUTURO DE CRYPTO-BLOCKCHAIN
2. 5 FACTORES A CONSIDERAR ANTES DE INVERTIR EN CUALQUIER CRIPTO CURRENCY
Gracias por leer y si tiene alguna pregunta o más claridad, por favor deje un comentario abajo. La crítica constructiva también es apreciada.

atentamente
Nicholas Ilechie


Disclaimer: the content of this article is only intended for educational and informative purpose, investors taking my advice in making an investment should do so at their own discretion and risk as am not a registered financial adviser and all i say is based on my own understanding and knowledge


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@nicholasilechie somebody told me about bitcoin in 2010 i wish i bought bitcoin then 100$ = 1000 bitcoin but dont worry hold your coins it will.give you more profit end of this year

It crazy right.
A friend of mine bought about 26BTC in 2011 as well and lost his password n waller details.
I used bitcoin as a means of payment early 2016 had a couple of Bitcoins but didnt know it potentials or much idea about it then so i fearfully sold them..
Wish i knew then wat i know now... Hahaha..
Anyway more great things are atill to come. Just as you said as well.
Thanks for stopping by.

Smart enough to know I can't trade and yoo risk adverse for ICOs. I'll stick to HODL.

Great

Very well written and informative article. Increased my knowledge. You are very well versed in writing. Keep up the good work.

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thanks for reading and glad you found it helpful
i will take a look, i always check on my followers

Thanku..bro I need support from old steemian. I think u will same

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Hi interesting post, Thanks for complete information I´m learning litle by litle abaout Bitcoin
Thanks for share
Regards

great dear, keep up the learning process, but dont know too much that sell or mortgage your house to buy some, hahhahaahha

; )

Good post bro...I have learned more about Bitcoin from this post...Thanks fro sharing our views...
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Thank you

Cryptocurrencies are the future......

well written

No doubt they are, and we the benefactors

@nicholasilechie very nice informative article.

Thanks dear
I appreciate you dropping by