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What Is Cryptocurrency: A Beginner’s Guide

ficfinadmin — Thu, 23 Jun 2022 23:41:30 +0000

Nowadays, it’s difficult to avoid hearing about cryptocurrencies, but do you truly grasp what they are and how they operate? For full bitcoin newbies, this essay will lay out all the fundamentals in simple words.

Cryptocurrency: What Is It?

Digital money known as cryptocurrency is frequently created utilizing blockchain technology. Cryptocurrencies are not issued or governed by central bodies like governments or banks like traditional currencies are.

How Did the Cryptocurrency Industry Form?

After the financial crisis of 2007–2008, cryptocurrency first appeared. With the intention of developing a currency that was independent of banks and governments in terms of value, it was developed as an alternative to the existing currencies used around the world.

The post What Is Cryptocurrency: A Beginner’s Guide first appeared on FicFin.

How to Avoid Stock Trading Scams and Get Rid of Them

ficfinadmin — Wed, 15 Jun 2022 10:38:00 +0000

If you’re searching for a suitable spot to start investing, most stock market gurus concur that there is never a bad moment to enter the market. But there are several forms of stock trading fraud and fraud in general on the stock market. In order to protect yourself and your money from stock market scams, you need be aware of the hazards and know how to prevent them.

The Signs To Be Aware Of When Avoiding Stock Trading Scams

Despite the fact that there are several varieties of stock trading scams, there are a few warning indicators to look out for.

Guaranteed Returns and Unregistered Brokers

One of the most obvious warning signs of a stock trading fraud

The post How to Avoid Stock Trading Scams and Get Rid of Them first appeared on FicFin.

What to Watch Out For When Trading Forex: Scams

ficfinadmin — Wed, 25 May 2022 19:31:00 +0000

The number of Forex scams that you should be on the lookout for has increased along with the popularity of Forex trading as a method to invest more funds and generate money.

One half of the answer is knowing what to look for to recognize a Forex scam; the other is knowing what NOT to anticipate when you start trading Forex to prevent becoming the next victim of one of these Forex trading scams.

How Does Forex Trading Work and What Is It?

The terms “foreign” and “exchange” are combined to form the term “forex.” The purchasing and selling of foreign currencies through the use of specific currency pairings, such as the Euro and the US Dollar, is known as forex trading.

The post What to Watch Out For When Trading Forex: Scams first appeared on FicFin.

How to Avoid and Get Rid of Binary Options Robot Scams

ficfinadmin — Thu, 05 May 2022 19:30:00 +0000

Binary options firms frequently provide trading software for binary options that promises to make trading binary options simple and profitable. Binary options bot software, however, is also one of the most popular methods shady options brokers defraud their customers.

It’s critical to understand how to spot a binary robot scam and what to do if you do become a victim of one if you’re interested in starting a career in binary options trading.

A Binary Options Robot: What Is It?

A sort of software called a “binary option trading robot” is said to employ pre-programmed algorithms to research the binary options markets and provide you trading recommendations. Broker platforms assert that their bots will provide you advice.

The post How to Avoid and Get Rid of Binary Options Robot Scams first appeared on FicFin.