Crypto Beginner Tip- Day 2: What is Bitcoin (BTC)?
Bitcoin is the first and one of the most well-known cryptocurrencies. It allows people to digitally transfer values instead of relying on a traditional bank or central authority.
Bitcoin has a maximum supply of 21 million BTC. This limited supply is one of the important characteristics of Bitcoin.
For beginners, it's also useful to understand the Bitcoin candlestick chart. 📊
A candlestick shows how Bitcoin's price moved during a specific period of time. A 1D (1day) candle represents one day of price movement.
🟢 Green candle: Price closed higher than it opened. 🔴 Red candle: Price closed lower than it opened.
Guys I'm learning about crypto step by step, so would suggest you once again: before making any investment do your own research (DYOR).
What do you guys think?👇 Have you ever used a Bitcoin candlestick chart before? Comment 👇
Перед тим як інвестувати в будь-яку криптовалюту, слід провести власне дослідження. Перевірте офіційний вебсайт проєкту, white paper (білий папір), корисність токена (token utility) та нещодавні офіційні оголошення.
Пам’ятайте: ніколи не інвестуйте суму, яку ви не можете дозволити собі втратити.