Crypto Currency: You need to know some key points before start any investment in Crypto. Cryptocurrency is a sort of digital or virtual currency that functions on decentralised networks based on blockchain technology and employs encryption for security. Unlike traditional government-issued currencies (fiat currencies), cryptocurrencies are often not regulated by any central authority, such as a central bank. They instead use a distributed ledger system to verify and record transactions. Here are some important cryptocurrency facts: 1. Blockchain Technology : Blockchain technology, which is a decentralised and unchangeable database that records all transactions across a network of computers, underpins cryptocurrency. By making it incredibly difficult to modify past transaction records, this technology provides transparency and security. 2. Decentralization : Cryptocurrencies are decentralised, which means that no single institution or authority has complete control over...
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Raksha Bandhan Rakhi, also known as Raksha Bandhan, is a traditional Hindu celebration that honours the tie between brothers and sisters. The event is held on the full moon day of the Hindu month of Shravana, which falls in August each year. "Raksha" refers to protection, and "Bandhan" refers to a link or tie. The name of the celebration alludes to the protection a brother provides his sister. Sisters wrap a decorative thread or bracelet called a "rakhi" around their brothers' wrists as a token of their love, care, and prayers for their well-being on Raksha Bandhan. In exchange, brothers give their sisters presents and frequently promise to protect and support them throughout their lives. The rakhi symbolises the sister's trust and the brother's promise to protect his sister. The holiday is not only recognised amongst biological siblings; it can also be observed between relatives, close friends, and even neighbours, symbolising the spirit of to...
Risk about Crypto Currency you need to know before invest...
Risk about Crypto Currency you need to know before invest... Main Key Points In my Opinion #crypto Investing in cryptocurrencies can be exciting and potentially profitable, but it also comes with significant risks. Here are some important risks to consider before investing in cryptocurrency: 1. Volatility: Cryptocurrencies are known for their extreme price volatility. Prices can skyrocket one day and plummet the next. Be prepared for the possibility of losing a significant portion or even the entirety of your investment. 2. Regulatory Risks: Cryptocurrency regulations vary by country and are still evolving. Changes in regulations can impact the legality and trading of cryptocurrencies in your region. 3. Security Risks: Cryptocurrency exchanges and wallets are susceptible to hacking and security breaches. It's crucial to use reputable and secure platforms and employ strong security practices like two-factor authentication. 4. Lack of Consumer Protections: Unlike traditional f...
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