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Advantages Disadvantages Earning Types Cryptocurrency
100
Digital Wallet
What do you need before you start buying or mining for cryptocurrency?
100
Because its a very new and unstable market
why is cryptocurrency so volatile?
100
Through buying it off of secure websites
How is the majority of cryptocurrency obtained?
100
Bitcoin
What is the biggest type of cryptocurrency?
100
Yes
Does cryptocurrency normally involve a age limit?
200
Because you don't pay commission or fees
why does cryptocurrency have a low operation cost?
200
When you forget your password you won't get the money back. Also if someone has your password they can withdraw at any time.
why is storing cryptocurrency a problem?
200
Buy and hold, Buy and hold for dividends, staking cryptocurrencies, mining
Name at least two ways to profit off of cryptocurrency
200
Ethereum
What is the second biggest type of cryptocurrency?
200
It's still difficult to switch cryptocurrency into actual currency but some business take cryptocurrency as a payment method
How liquid is Cryptocurrency?
300
Decentralised system
how is cryptocurrency operated?
300
Because of it being so volatile the market is, it makes it a high-risk investment
What is the risk with cryptocurrency?
300
High powered graphics cards
What is a very important part of a computer mining setup?
300
Over 1600
Approximate how many different types of cryptocurrencies are available?
300
21 million
there is a limited amount of bitcoin. Approximately how many bitcoins is the limit?
400
because of how volatile the market is, it is hard for company's to accept the currency
Why is payment a problem?
400
New Zealand and Germany
What countries do not tax concurrency
400
Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin cash, Ethereum classic, Zcash, Dash, Monero, Dogecoin
Name at least 3 different cryptocurrencies
400
Technology that allows digital information to viewed but not copied
What is a block chain?




Cryptocurrency

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