A: Microcurrencies are digital assets that help businesses make large financial transactions faster – and more efficiently. They’re used in almost every industry out there, like real estate, technology, biotech, healthcare, and more.
Legally, they’re exactly like gold or silver (physical assets), but they are generated by incredibly complex computer programs instead of pulled out of the ground.
And just like with gold and silver, there are really only three ways to make money with microcurrencies:
- You can mine them – which means running the programs that make these digital currencies work on your computer in exchange for tiny rewards generated by the program.
- You can buy them and hold them – hoping the value just keeps going up.
- Or you can trade them.
Mine, hold, and trade. That’s it. Everybody who has ever made money in microcurrency is doing one of those three things.
But here at Microcurrency Trader, we’re only going to focus on the most lucrative opportunities in the currency space… and that means, we’re going to trade.