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Cryptocurrency for Amateurs

Cryptocurrency is a digital or virtual payment system that is protected by cryptography, making it virtually impossible to counterfeit or forge. Anyone, from anywhere, can use digital wallets or exchanges dealing in crypto to send or receive money through a peer-to-peer (P2P) ecosystem. Cryptocurrencies exist on a blockchain, which is a digital public ledger that stores electronic records that are shared and replicated across many locations and maintained on a decentralized network that keeps all cryptocurrency transactions updated. Basics concepts behind crypto (i) Crypto is a digital currency that was established utilizing encryption methods as an alternate form of payment. The adoption of encryption technology implies that cryptocurrency can act as both a currency and a virtual accounting system. It is also believed that crypto was introduced as a substitute for fiat money. Cryptocurrency, unlike fiat money, is not recognized as legal tender by the majority of the worl...

Online Surveys understanding of Benefits and Pitfalls

Online surveys through the Internet and using smartphones are becoming more popular among Brands and researchers due to benefits such as decreased costs and universal Internet access. In view of strategic publicity by survey companies, people believe it is an easy way to engage in online surveys and earn extra money. You can certainly make a little amount of money if you have more time to invest than the time required for this job. However, any online paid surveys that promise a huge sum of money are most likely bogus. Earning money using online surveys is not as easy as it appears; it takes much more effort and days to earn $10 each week. The purpose of this post is to explain why online surveys are undertaken and how to profit from them. Online surveys are two-thirds quicker than conventional research methods, and they also contribute to the development of tomorrow's products. Free of charge with financial incentives, you can participate in polls while standing in lines or in yo...

Basic knowledge of stock trading

A share or stock is a monetary value-based division of a corporation's or company’s entire capital. Share trading involves buying and selling shares of corporations/companies listed in the stock market. The term "stock market" refers to public exchanges in which stockbrokers, traders, buyers, and sellers can trade in thousands of equities of firms listed on the exchange. These companies sell shares of their business, providing the general public the opportunity to invest in them. What are shares and stocks (aka Equities)? A share is capital raised by a firm or corporation through the issuance and subscription of shares in financial markets. Simply put, a share is a unit of equity ownership in a company's or corporation's capital. Share capital refers to all of an enterprise's shares, as well as units of mutual funds, limited partnerships, and investments as a trust in the organization with the intention of sharing profit and loss. A shareholder (or stockholder...

Forex Trading

Forex trading means exchanging the national currencies of different countries. The system of exchanging money can be traced to the old barter system, when governments began trading commodities for precious metals, resulting in the issuing of coins in valuable metals including copper, known as coinage metals. Money is a medium of exchange that is used to complete all of our domestic and international trades and services. Currency, including bank notes, is a modern type of money issued by a government in the form of paper or coins for a specific country, such as the US dollar or the Euro. Forex History at glance: Foreign exchange trading began in Amsterdam and spread throughout the world. The advancement of the Forex market can be summarized as under: Pre-Historic currency markets prior to 1875 Gold & Silver standard (coinage metals) 1875-1939 Pack Systems such as the Bretton Woods system (1971-1973), the Smithsonian Agreement (1971-73), and the Plaza Accord from 1985 to 1987. Pre...

Data Scientists: Why high on demand?

During 2021-22 the most popular and sought-after topic in the market among young people was Data Science Career. In 2012, Thomas Davenport and former Chief Data Scientist of America D.J. Patil dubbed the Data Scientist portfolio "The Sexiest Job of the Twenty-First Century" in Harvard Business Review. Consider a career in data science if you want to work in a high-demand field. According to the U.S. Bureau of Labor Statistics, data scientist jobs rank sixth among the 30 fastest-growing occupations (from 2021 to 2031), with a median annual pay of $100,910. In European countries, this career offers an average annual salary of €139,840. History of Data Science at glance: The term "Data Science" is not a new field, it has grown significantly over the last 50 years. A journey through data science history reveals a long and winding route that began in 1962 when mathematician John W. Tukey foresaw the effect of modern-day electronic computing on data analysis as an empiric...

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