The investment landscape changes rapidly, and savvy investors know that keeping their portfolios up-to-date and balancing risk and return is critical for investment success. At ECHELLE Financial Solutions, LLC, we referral you to knowledgeable advisors with the experience and the insight to help you manage your money and maximize the return on your investments.
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Blockchain and Crypto Currency
Blockchain defined: Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved. Based on a peer-to-peer (P2P) topology, blockchain is a distributed ledger technology (DLT) that allows data to be stored globally on thousands of servers – while letting anyone on the network see everyone else's entries in near real-time.
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation. See video below "Introduction to Bitcoin"
Here are some websites where you can learn and invest in stocks and cryptocurrencies
DISCLAIMER:. You should not take any of this information as guidance for buying or selling any type of investment or security. It is important to keep in mind that there are risks associated with investing in the stock market and cryptocurrencies, and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence.
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