CRYPTO VS STOCK EXCHANGE

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10 Jan 2024

Hello. In this article, I will tell you the advantages of both stocks and cryptocurrencies.

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CRYPTOCURRENCY ;

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Cryptocurrency is a digital currency that, unlike traditional currencies, is traded in an encrypted manner. Designed as a medium of exchange that can replace cash, it was developed to ensure that cryptocurrencies are safe and verifiable. As of March 2023, there are almost 22,000 cryptocurrencies on the market. Currently, this number may have increased even more. According to the survey results shared with BBC Turkish by the GlobalWebIndex (GWI) research company, which examines the behavior of internet users around the world, Turkey is the country with the highest investment rate in crypto assets in the world as of June 12. As those who know crypto know, Bitcoin, which was launched in 2009, was the first cryptocurrency.

Advantages of cryptocurrency ;

- There are only 21 million Bitcoins in the world. As demand increases, its value increases, keeping up with the market and preventing inflation in the long run.
- They maintain accurate and up-to-date transaction records and protect the integrity of cryptocurrency and decentralized records.
- Blockchain ledger is based on various mathematical puzzles that are difficult to crack. This makes a cryptocurrency more secure than ordinary electronic transactions.
- With the help of various cryptocurrency wallets and exchanges, one currency can be converted into another by exchanging cryptocurrencies in different wallets and with minimal transaction fees.
- International or local transactions in cryptocurrencies are very fast.

STOCK EXCHANGE ;

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I want to explain it simply. A share is actually a negotiable document issued by a company and representing the share capital of the partnership. You also get the dividends, also known as dividends, of the company you invest in. The stock market is actually plain logic and simple. The main purpose of the stock market is to make it easier for individuals and companies to easily buy and sell shares of publicly traded companies.

Stock benefits ;
- You Can Become a Partner in the Company.
- Stock Market is Liquid.
- There is a Two-Way Transaction Possibility.
- Stock Market is a Spot Market.

My personal opinion.
I find all kinds of investing positive. Be it cryptocurrencies, stocks or gold. To make smart investments, you must do good research. When you hear investment advice from others, do not go and buy it immediately. Research the advice you hear yourself. Don't think it's too late to invest. You may regret more tomorrow for every investment you don't make today. I hope your investments will bring you abundant profits. Please express your thoughts by commenting. I'm leaving my X address below. Those who want to consult can both comment here and send me a message via X.

Kind regards ; mc77

My X adress : https://twitter.com/7MC77