Posts

What is Bitcoin?

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  Hi,Today I am going to tell you What is Bitcoin? What bitcoin is and how today's two most popular versions of bitcoin differ from each other. As its name suggests bitcoin is an electronic currency but unlike government issued currencies there is no single entity that issues bitcoin or is in charge of processing its transactions. Before bitcoin,it was not possible to make electronic payments without the help of a third party like a bank or payment processor.Payments were often slow expensive and not available to everyone. To solve those problems bitcoin operates without a trusted third party instead it works as a purely peer-to-peer electronic currency meaning that payments are sent directly from one person to another. How does that work simply computers all over the world use mathematical functions to independently verify all bitcoin transactions. Which are then added to a public permanent list of transactions called the Blockchain. The  blockchain is stored on all of those...

What is Cryptocurrency?

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Hi,I am going to tell you  What is Cryptocurrency  You have usually heard Crypto  but you can't understand what is it but I will tell you what really Cryptocurrency is? When we buy or sell things the payment is usually processed by a bank or credit card company problem number one the companies often take a cut of the transaction - we have to trust these companies to protect their sensitive data from hackers. Most international payments take a long time and are expensive to solve these problems.We could use a special currency that is secure and based on science of cryptography which is a way of protecting information using mathematics this special type of currency is called a Cryptocurrency  and only exists in computer networks. When you send someone this special currency the money goes directly to them removing the middleman and at the same time the transactions broadcast to the entire network and recorded in a permanent way which means it's almost impossible to fool...

What are Stocks?

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Hi,Today I will tell you  What are Stocks? Meet Chris  He lives in Venice and he's obsessed with pizza. He runs his own small pizza restaurant but he wants his business to grow. Chris knows he'll need a lot to expand his pizza restaurant a proper space,furniture,good suppliers,talented Chief etc  He calculates it'll cost him two hundred thousand dollars.The thing is Chris only has twenty thousand dollars. So he decides to issue stocks. A stock is a part of ownership in a company each stock has its value is depends on the company's worth a Triano. He needs 180 thousand dollars more to open his pizza restaurant.So he divides his business into nine even shares and attracts nine partners they invest $20,000 each. Now Chris and his nine partners each own 10% of the pizza restaurant  Six years later the pizza business prospers. Chris has opened three more pizza restaurants and the company's value is two million dollars now. Chris got the capital he needed without borrowin...

What are Shares?

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Hello friends,Today i will tell you  What are Shares? Imagine you own a sports goods business which is working well as you are the only one who has put in all the money in the business you will be solely enjoying all the profits and you will be only suffering from the losses and this is known as a  Sole Proprietorship  and the money you added in the start of the business is known as Capital. As your Sports goods business is working very well and you want to expand your business in your local area for this you will need more Capital.So in order to obtain the Capital you invite your friends to join in your company now you all will be sharing all the profits and the losses as per your Capital Investment and now your business will be known as a Partnership Firm. Well the business started booming and now you want to expand in some other cities and inviting more of your friends didn't seem to be an option now.So you started looking for the other methods to bring in the capital ...

What is ForexTrading

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Hi,We will be covering the basics of Forex Trading Like  What is Forex Trading  Benefits of Forex Trading  What are Forex Markets? And how you can earn money with Forex Trade? So Let us first understand what is Forex Trading? In simple terms, Forex Trading is buying and selling of currencies. Exchange rate of a currency changes all the time and Forex traders try to capitalise these fluctuations. They buy a currency at a lower rate and sell it at a higher exchange rate. In India, Rupee is generally evaluated against US Dollar. So, how can you benefit from Exchange rate? Let’s suppose you are travelling abroad and you need 100 Dollars. And the Rupee dollar exchange rate at that time is Rs. 70. So you will have to pay Rs. 7000 to get 100 US Dollars. But you decide to wait for some time before buying dollars. In a week’s time, exchange rate declines to Rs. 69. So now, you will have to pay Rs. 6900 to buy 100 US Dollars.A Benefit of Rs 100.  In a similar manner, forex tra...