How to create your own digital currency

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Complete transparency : Blockchain technology allows you to know your complete transaction history and transfers, where you can track your money and certify its transfer, which is a very big advantage in crypto. 5. It opens new horizons for you: Cryptocurrencies allow you to open up to many new technologies related to them, for example, non-fungible tokens (NFTs) and smart contracts . 6. A wonderful investment opportunity.

Owners of digital currencies can benefit from increasing their value. For Telegram Number Data example, if you store them and then sell them at the highest price later, you will get a very large price difference without much effort. For example, if you bought 10 Bitcoins in 2013 at a price of $12,500 and waited until 2021 when their value reached $680,000, you would have earned more than $667.5 thousand, or 53 times the amount you paid in just 8 years. 7. Great profit potential: By learning to trade digital currencies, you can make a great fortune in a very short period. 8. Much lower transaction fees: Instead of having to pay large commissions through banks and financial services, you can make digital currency transfers without any fees or taxes, or with very low, almost non-existent fees.




Limitations of digital currencies: Cryptocurrencies are limited and are not, like traditional money, printable and subject to inflation and loss of value. For example, Bitcoin is limited to only 21 million currencies, meaning that over time its value and scarcity increase, while the United States can print as many dollars as it wants and thus reduce its value. But nothing is 100% good or perfect, and cryptocurrencies also have serious drawbacks. Read also: (it's not very difficult) DISADVANTAGES OF DIGITAL CURRENCIES (CRYPTOCURRENCIES) 1. Volatility : One of the most serious defects of digital currencies is that their prices are extremely volatile, and this may be dangerous, especially if you are trading, as you are likely to lose a lot of your money if you do not act correctly.