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What is Bitcoin?

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Bitcoin is a digital asset as well as a payment system that was introduced on 31 October 2008, and released as open-source software in 2009. Moreover, the program was created by a programmer, or group of programmers, that are still until now unidentified. In fact, the program was first appeared under the name of Satoshi Nakamoto.

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Who is Satoshi Nakamoto?

In the matter of fact, multiple high profiled people have claimed that they are Satoshi Nakamoto. However, none of them has provided a certain proof that backup the claim that he or she is the person behind Bitcoin.

How does Bitcoin work?

The inventor made the system easy to use. Moreover, it is designed so that transactions happen from peer-to-peer, and between users without the need of an intermediary such as banks and money transfer offices. In fact, this system and your money are both safe, since all the transactions you make will be verified by specific network nodes as well as recorded in a public ledger that is distributed and called the “blockchain”.

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Moreover, blockchain uses bitcoin’s system as its unit of account. After its major success, Bitcoin is now, the largest of its kind when it comes to total market value.

How is a transaction made?

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For transaction validity, there must be one or more inputs. Moreover, every input should be one that consists if an unspent output of a previously made transaction. Additionally, when you use multiple inputs, it means that you are using multiple coins in a cash transaction. In fact, a good thing is that one transaction can as well have multiple outputs, which allows the person to make multiple payments in one go.

Legal status

The legal status of bitcoin varies from a country to another. Moreover, there are some countries where bitcoin’s rules are still changing, or the system itself does not even exist.

How To Start A Business

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Nowadays, entrepreneurs all over the world, plan to have their own businesses. In fact, owning a business is a hard journey that needs a lot of hard work, and many entrepreneurs end up failing the task. However, if your company ends up with success, you will feel that all the obstacles you went through were worth it. Here are some tips on how to start a business.

Carmencitta Magazine - how to start a new business 1Build a business plan

Once you know what kind of business you want to open, you need to start thinking about the purpose of your business, the target group of people you will be selling to, money providence, the cost of your startup, and your end goals. In fact, it is best to write those questions in a neat business plan, and answer them after thorough thinking.

Assess your finances

Carmencitta Magazine - how to start a new business 3Every business start needs a certain amount of money. This is why, you will need to gather up some money and put them aside. In fact, even though you will use the money from your bank account, you might also need to borrow some. Before you do so, ask about the bank that fits your requirements.

Register with the government

Carmencitta Magazine - how to start a new business 4In order to become an officially recognized business entity, you have to register with the government. In fact, this can be a hard thing, but you have to do it. Moreover, you will need “articles of incorporation” document that has: your business name, business purpose, corporate structure, stock details and other information about your company. However, if you do not make this step, you will be illegal, and if they catch you, you will lose everything.

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Brand yourself and advertise

In fact, when you plan your startup, you need to advertise. People will not know about you if you do not tell them. Moreover, social media is a great way to do that, and all you will need is some marketing experts.

 

A Guide on How to Buy Shares

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In order to become a trader, you will need to take your time because there are a variety of factors that can affect you. In fact, the most required thing is patience is required, however, the benefits that you will be getting due to your patience are worth it. Moreover, there are some steps that you need to follow in order to become a trader and buy shares. Keep on reading if you want to find out what the steps are.

Know the basics

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Basics are very important, because without them, you won’t be able to do anything. Before starting anything, you need to acquire a certain basic knowledge about shares and the stock market. In fact, if you start without this basic knowledge, you will reach a place where it is impossible to know what you’re doing.

Carmencitta magazine - How to Buy Shares 2Open a practice account

Opening a practice account will help you understand the concept of buying and selling shares in the stock market. In fact, this account will help you experiment with strategies without even losing any of your money! Moreover, by having a practice account, you will get used to technical analysis.

Carmencitta magazine - How to Buy Shares 3Subscribe to a news site

When you subscribe to a news site, you will receive news before, after, and during a market day. In fact, knowing the news, will help you understand what economic factors influence the direction of the stock market. Moreover, the most important part is the morning report, because it is able to predict whether the market will start up or down, which will enable you to make better trading decisions.

Carmencitta magazine - How to Buy Shares 3jpgEducate yourself

In fact, this is the most important step. When you pay for a course, you will have a huge commitment to becoming a trader, a commitment that you need to take if you’re serious about making substantial money from the stock market.

 

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