Confused by crypto currency - Printable Version +- Business, Investment, & Insurance Forum (https://investmentforums.net) +-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4) +--- Forum: Cryptocurrency, NFT, Metaverse (https://investmentforums.net/forumdisplay.php?fid=17) +--- Thread: Confused by crypto currency (/showthread.php?tid=519) |
Confused by crypto currency - The Raven - 11-22-2023 Are you one of those who is confused by how crypto currency works? I heard about crypto the moment it came out but until this very day I have no idea how it works and why people invest so much money into it. I have a feeling it's like some type of stock market where currency has fluctuations which works great. I buy 10 bitcons today and they worth some amount of money, tomorrow the value of it rises and I got more money without doing anything. Anyone care to explain it better to me? RE: Confused by crypto currency - riberet19 - 11-26-2023 How did you buy 10 Bitcoins? That costs almost 400,000 dollars, it is difficult to explain how cryptocurrencies work in a post, I recommend that you study how blockchain technology works, knowing a little about it, you will begin to understand a little better how cryptocurrencies work. RE: Confused by crypto currency - deucher - 12-19-2023 I also did not know and do not know how it works, but I know what are the ways to make money from it. It's like with a car, you can be a driver and don't care if you know how the engine works |