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To my Dear CMG-auraspacers, the Crypto Market (Structure) doesn't look that great at the moment... You might wanna sit on your hands for a bit! Trade Wisley 😍💹
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Episode 3: Types of Crytocurrencies explained Welcome back to the CMG-auraspace crypto Academy. Today we will explore the different types of cryptocurrencies and what makes each unique. First up is Bitcoin - the original and most widely recognized cryptocurrency. It is often referred to as 'digital gold' because of its limited supply and store-of-value nature. Next, we have Ethereum which is more than just a cryptocurrency. It is a platform that allows developers to create Decentralized Applications or dApps - using Smart Contracts. There are thousands of other cryptocurrencies out there called Altcoins. Some focus on privacy while others like Stablecoins aim to maintain a consistent value, making them useful for everyday transactions. Now that you know the different types of cryptocurrencies, stay tuned for our next lesson on how to get started with Crypto. See you soon
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BTC & TON were profitable except LINK which dropped further below the entry
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LINKUSDT, btc , & TONUSDT looking 😍
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Episode 2: How does Crypto / Blockchain Actually Work? Welcome back to the CMG-auraspace Crypto Academy. In this lesson, we are going to explore how cryptocurrency actually works. Cryptocurrencies run on something called Blockchain Technology. A Blockchain is a Decentralized network of computers that work together to verify and record transactions. Think of it like a digital Ledger where every transaction is recorded and confirmed by multiple participants. When someone sends cryptocurrency, the transaction is grouped into a block which is then verified by computers called nodes on the network. Once verified, the block is added to the chain making the transaction permanent and unchangeable. Unlike traditional banking which relies on a central Authority like a bank, Cryptocurrency relies on Decentralization. This makes it harder to hack or manipulate because no single entity controls the network. That's a quick overview of how cryptocurrency works. Next time we will dive into the different types of cryptocurrencies you can use. Don't forget to like for more lessons bye for now.
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