Self study on bitcoin Online
the future of bitcoin is still uncertain, so it is recommended that you do not set foot in it easily.
The difference between foreign currency and foreign exchange mainly lies in the following two aspects:
1. Different concepts
foreign exchange refers to the creditor's rights that a country can use in the event of balance of payments deficit in the form of bank deposits, treasury bonds of the Ministry of finance, long-term and short-term government securities, etc. To put it simply, it means all the foreign currency assets owned by a country and various payment means that can be used for international settlement of claims and debts
Foreign currency refers to all foreign currencies except domestic currency The main uses of foreign exchange are: means of payment and credit instruments for international trade and settlement; It can be used to adjust the balance of international funds; It can be used as an important international reserve resource of a country Foreign currency is mainly used for commodity payment and currency exchange
extended information:
foreign exchange trading should pay attention to:
1, looking for events to stimulate market volatility
if you want to trade, then you should look for events to quickly stimulate market volatility, which can be company statements, data release or important meetings. These events can affect the fluctuation direction of the market in a very short period of time, so they also give traders the opportunity to make quick profits
In foreign exchange trading, if the market is contrary to your expectation, it is normal for you to feel panic. You must set a stop loss to control the loss range, rather than hope that the market will eventually change direction. Most successful traders are very sensitive to the loss, they will try their best to control the loss. In addition, don't move the stop at will 3. Keep checking the market
if you are sure that you have enough time to check the market frequently, you can start trading. When some short-term traders find that the market is contrary to expectations, they will decide to take long-term positions halfway. But it's likely to get stuck in a deal that's not good for you
the first category is familiar game currency. In the era of stand-alone games, the protagonist accumulates money by knocking down the enemy, entering the gambling house to win money, and using these to buy Herbs and equipment, but it can only be used in his own game console. At that time, there was no "market" between players. Since the establishment of Internet portal and community, the realization of game networking, virtual currency has a "financial market", players can trade game currency. For example, the token of various physical assets on the European crowdfunding platform
the second type is the special currency issued by the portal website or instant messaging service provider, which is used to purchase the services in the website. The most widely used is Tencent's q-coin, which can be used to purchase membership, QQ show and other value-added services
the third kind of virtual currency on the Internet, such as bitcoin (BTC), Wright currency (LTC), etc. bitcoin is an electronic currency proced by open-source P2P software. Some people also translate bitcoin as "bitcoin", which is a kind of network virtual currency. It is mainly used for Internet financial investment, and can also be directly used in daily life as a new currency.
mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary. At present, mining is a very professional work, you need to buy a professional ASIC Avalon 3 generation miner for mining, and also need to join a mine pool
bitcoin is decentralized and not issued and controlled by any institution. Only bitcoin foundation is responsible for development and maintenance. The ore is free, but the equipment needs to be purchased. The exchange rate is high, which is a kind of trust in the bitcoin. It's a big social experiment. As long as you dig bitcoin, you won't worry about spending it. At present, thousands of businesses accept bitcoin around the world, such as the famous Dell company. There are also some businesses that accept bitcoin in China.