#TrumpTariffs #TradeLessons

Have you heard about cryptocurrencies?

In recent years, we have witnessed a significant shift towards the digital economy, and cryptocurrencies like Bitcoin and Ethereum have become prominent symbols of this transformation. These currencies are no longer just a futuristic idea; they have become a reality that affects the global economy and financial markets.

What are cryptocurrencies?

Cryptocurrencies are encrypted electronic assets used for transactions over the internet. They are characterized by not relying on banks or intermediaries but operate through a technology called blockchain, which is a distributed database that ensures transparency and security.

Why do people care about them?

Speed: You can send and receive money in minutes, regardless of geographical boundaries.

Privacy: They grant you a high degree of confidentiality in transactions, without the need to share your banking information.

Investment: Some see it as an opportunity to achieve significant profits, especially with the dramatic price increases of certain currencies over short periods.

Personal control: You are in control of your money without the intervention of banks or governments.

Important warning:

Despite all these advantages, it is essential to know that cryptocurrencies are not without risks. Price fluctuations can be rapid and may lead to significant losses. Therefore, it is important to learn, read, and understand the market well before investing.

Never invest money that you cannot afford to lose.