Manas Ranjan MRS

  WHO INVESTED BITCOINS ? Bitcoin is invented by a person named Satoshi Nakamoto. Who is he? Where has he come from? What does he do? is not known by anyone. He is an anonymous person. People doesn't even know whether it's just a person behind it or it's a group of people who have invented Bitcoin. WHY WAS BITCOIN MADE ? The biggest reason why this was made, is the financial crises of 2008. When due to some mistake of banks, the banks crashed hence lakhs and millions of people over the world suffered loss. The banks were led to insolvency due to their own wrong decisions and the loss had to be borne by every individual and every tax payer. After that people realised till when they will be relying on banks? The founders of Bitcoins have said that the motive behind starting bitcoin is to create a decentralised system away from the banks and the government. which won't be under their control because if there's a failure on the part of the bank or the government the ent...

 So, investing and trading are two different things Investing means putting in some amount of money in the stock market and letting it stay there for some time This all happens in quick succession In fact trading of shares is a job in itself There are a lot of people in our country who are traders and do this job all day long taking out money from one share and putting it in another taking out from one place, putting it in another and earning profit in the process .

 Sensex shows the average trend of the top thirty companies of the Bombay Stock Exchange averaging out, whether the shares of the companies are moving up or down The full form of Sensex, the sensitivity index, displays the same The number of Sensex, that it has reached 40,000 marks The number itself means not a lot The value of this number can be understood only upon comparison with the past numbers Because this number has been randomly decided They decided, at the start that the values of the shares of the thirty companies would be this So we compile all the numbers and then say that it is 500 So, gradually, the sensex has been rising and it has reached the 40,000 mark in the past 50 years So this shows how far up have the share prices of these 30 companies gone in these past 50 years There is another similar index- NIFTY- National + Fifty Nifty shows the price fluctuations of the shares of top 50 companies listed on the National Stock Exchange .

  WHAT IS SHARE MARKET ? Stock market, share market or equity market- all three mean the same These are markets where you can buy or sell a company's shares Buying shares of a company means buying some percentage of ownership of that company That is, you become the holder of a percentage of that company If that company makes a profit, some percentage of that profit would also be given to you If that company incurs a loss, a percentage of that loss would also be borne by you . HISTORY & PURPOSE OF SHARES - The origin of share markets dates to around 400 years ago Around the 1600s, there was a Dutch East India company, like the British East India company, There was a similar company in the country of Netherlands today, known as Dutch East India company In those times, people used to indulge in a lot of exploration using ships The entire world map had not yet been discovered So the companies used to send their ships to discover new lands and trade with far away places The journey ...

  It is extremely important to understand that as well. Because on one hand, some people use Bitcoins as an investment while on the other hand, some people use crypto currency as an alternate currency A lot of people want to replace it with currency and use Bitcoins in place of rupees and dollars But the main use of crypto currency at present is like an investment We invest money in crypto currency hoping for a higher return in the future and hence get more money in return Just like we don't use gold in our daily transactions but instead buy it and store it in the bank lockers like a guarantee to get more returns in the future because the price of gold keeps rising gradually People do the same with Bitcoins and this is why Bitcoins are also called "Digital Gold" But just like any other investment, this too, entails risks. And those who criticize this as a form of investment say that Bitcoin is a digital currency. It has no inherent value of its own For example, you can ph...

  If truth be told, in order to understand this, one needs to have knowledge of advanced mathematics and computer science . But if you want to start investment or trading, then basic knowledge would suffice .       Let us take the example of Bitcoins There is one public account in digital form, of all the bitcoin transactions this is called a 'ledger' . A copy of this ledger exists on all the systems that are a part of the Bitcoin network Those that run this system are called 'Miners' The job of the miners is to verify transactions Say, A has to transfer 2 Bitcoins to B's account Miners will have to confirm whether A actually does have 2 Bitcoins in his account or not To complete the transaction, miners will have to solve a complicated mathematical equation You might have studied about variables back in school. Every Bitcoin transaction has a unique variable The job of the miners is to calculate it It's not that they sit with a pen or paper to solve the equation...

 WHAT IS AFFILIATE MARKETING : Affiliate marketing is a method of marketing in which a person promotes or recommends the products of another company or organization through one of their sources, such as a blog or website. In return, that company or organization gives some commission to that person. There is different commission according to different products. This commission can also be a percentage of the sale or a certain amount can also be any products, from web hosting to clothing or electronics. HOW TO USE AFFILIATE MARKETING : The company or organization that wants to promote its products offers its Affiliate Program. Now any other person like a blog or website owner joins that program, then the company or organization gives him a banner or link etc. to promote their products on their blog or website. Now in the next step, that person takes that link or banner on his blog or website in different ways. Now that person's blog or website gets a lot of visitors. When a visitor c...