Questions tagged [finance]

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Riccardo Riccardo Thu Mar 28 2024 | 6 answers 1150

What does crypto mean?

Excuse me, I'm a bit confused. Could you possibly explain what 'crypto' means? I've heard it mentioned a lot lately, but I'm not quite sure what it actually refers to. Is it some sort of secret code or language? Or is it related to finance or technology? I'd appreciate it if you could provide a clear and concise explanation. Thank you in advance for your help.

What does crypto mean?
LightningStrike LightningStrike Thu Mar 28 2024 | 7 answers 2203

How do you make money on crypto without money?

I've heard a lot about cryptocurrency and its potential to generate wealth, but I'm a bit confused. How can I make money in crypto if I don't have any initial capital to invest? It seems like everyone who's making money in this field has already started with a significant amount of money. Can you explain how someone with limited funds can still profit from the crypto market?

How do you make money on crypto without money?
CryptoNerd CryptoNerd Thu Mar 28 2024 | 7 answers 1471

Is USDT a crypto or not?

Excuse me, I'm a bit confused about this crypto world. I've heard about USDT, but I'm not sure if it's really a cryptocurrency or not. Could you please clarify this for me? I've seen it mentioned alongside other cryptos like Bitcoin and Ethereum, but I'm not entirely sure what the difference is. Is USDT backed by something? And if it is, does that mean it's not truly decentralized like other cryptos? I'm really interested in understanding this better. Thanks!

Is USDT a crypto or not?
CryptoWizardry CryptoWizardry Thu Mar 28 2024 | 5 answers 999

Why countries want to ban crypto?

I'm somewhat puzzled. Why do some countries want to ban cryptocurrency? It seems to me that blockchain technology and cryptocurrencies like Bitcoin and Ethereum have the potential to revolutionize finance and bring transparency and efficiency to global transactions. Could it be that they fear the loss of control over their financial systems? Or is it the fear of illegal activities like money laundering and tax evasion that are facilitated by anonymous transactions? I understand the concerns, but banning cryptocurrency altogether seems like a draconian measure. Couldn't we instead work towards regulating it and making it safer and more accessible for everyone? After all, blocking innovation and progress is never a sustainable solution in the long run.

Why countries want to ban crypto?
ZenMindfulness ZenMindfulness Thu Mar 28 2024 | 6 answers 1158

Can I start crypto with $10?

Hey there, I've been hearing a lot about cryptocurrency lately and I'm really interested in getting started. But I'm just a beginner and I don't have a lot of money to invest. So, my question is, can I really start investing in crypto with just $10? I mean, will it even make a difference? And if so, how should I approach it? Any advice would be greatly appreciated. Thanks!

Can I start crypto with $10?

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