加密货币是什么？加密货币如何赚钱？

投资任何标的，都须先熟知。俗话说：「知己知彼，百战百胜。」，投资加密货币也不例外。传统金融市场需要先到银行开证券户或外汇户头等准备，开市与休市也没有统一，再加上地域上限制可能无法购买海外的金融衍生性商品。加密货币则与传统金融市场差别甚大，而且新兴市场更需要特别注意，因此桑币笔记整理了投资加密货币前的 5W（What、Why、Where、When、Who），在投资前先做好暖身操，才不会在投资上闪到腰。

Traditional financial markets need to be prepared for opening securities or foreign exchange accounts, and opening and closing markets are not harmonized, with geographical restrictions that may prevent the purchase of foreign financial derivatives. Encrypted currencies differ greatly from traditional financial markets, and emerging markets require special attention.

加密货币是一种使用密码学设计来确保货币流通各个环节安全性的交易媒介，为去中心化的货币，不依靠法定货币机构发行、不受央行和政府监管，最常见的加密货币为比特币和以太币。

Encrypted currency is a transaction medium that uses cryptographic designs to ensure the safety of all stages of currency circulation. For decentralized currency, the most common encrypted currency is bitcoin and in tataco.

比特币在 2009 年成为第一个去中心化的加密货币，去中心化的性质来自于使用分散式帐本的区块链技术，藉由区块链让加密货币资产无法造假，并利用密码学原理产生一连串相关联的区块，比特币会将交易资讯储存在区块上，透过大量电脑运算验证，来确保区块中资讯的正确性。简单来说，区块链技术就像是加密货币的心臟，倘若没有区块链，就没有加密货币的一切。

加密货币类似金融市场股票，先 ICO 后上二级市场，在交易所上自由交易，波动动辄 10% 以上，且除了现货交易外，也有比特币期货可以杠杆操作，对于风险爱好者来说非常适合，赚得多亏得也多，人称「币圈一天，人间十年」。

Encrypted currencies are similar to financial market shares, first & nbsp; ICO  then upper secondary markets, freely traded on the exchange, with more than 10 per cent volatility, and in addition to spot transactions, there are bitcoin futures that can be leveraged, which are very suitable for risk-loving people, making a lot of money, sometimes referred to as "a currency ring for one day and ten years for one".

除了市场波动大吸引人外，加密货币市场对于全球金融市场来说如同新生儿一般稚嫩。2019 年 1 月加密货币市值大约为 1 千 2 百多亿美元，虽然看似不少，但是台湾股市市值大约是 3 千 8 百多亿美元，而美国更是约 11 兆多美元，相较之下，加密货币市场还有非常巨大的成长空间。再者加密货币是没有国境的，任何人都可以投资，所以只要全球投资者的资金注入，未来的加密货币蓬勃发展，市值会相当可观。

In addition to the high volatility of markets, encrypted money markets are as young as newborns in global financial markets. In January 2019, the market value of encrypted money was about $1,200 billion, and while it may seem significant, the market value of Taiwan’s stock market is about $3,800 billion, while the United States has about $11 trillion, compared to the huge growth space available for encrypted money markets.

一般投资客购买加密货币除了投资，另外常见的就是用来作为支付功能，例如在日本有些电器行支持客户比特币支付或者美国俄亥俄州接受使用比特币缴税等。有些人也会藉由加密货币合法转移资金，举例来说，阿桑有个儿子叫桑吉在国外读书，有一天桑吉突然发生了意外急需一笔资金，如果阿桑采取传统方式电汇，将会需要 3~5 日的工作日，还需要支付电汇手续费，但使用比特币转币将只需要 1~3 个小时即可入帐，并于交易所贩售换成法币提领，即可获得这笔款项。

In addition to investing, it is also common for ordinary investors to buy encrypted money as a payment function, for example, in Japan’s electronics banks that support customers paying bitcoin or in the United States of America that accept tax in bitcoin. Some people may also legally transfer funds by encoded currency. For example, Sanji, a son of Assan, studying abroad, has a sudden and urgent need for money, which would take three to five working days if he were wired in a traditional way, and would have to pay the wire transfer fee, but the use of bitcoin to transfer money would take only one to three hours to account and be sold on the exchange for French currency.

加密货币交易所、冷钱包（MyEtherWallet和MetaMask等）或者硬体钱包，每个钱包都有不同的特色和功能，支援的币种也各有不同。

加密货币交易所适合短线操作频繁的投资者，可以马上在交易所上进行交易，而不用等待加密货币从钱包转入交易所的时间而错失进场或出场的时机。不过缺点是转币手续费大都由交易所设定，费用较一般转币高。除此之外，有中心化交易所发生过被骇客盗领资产的问题，在安全上有很大的疑虑。

Encrypted money exchanges, cold wallets (MyEther Wallet and Metamask, etc.) or hard wallets have different features and features for each wallet, and different currencies for each wallet.
encrypted currency exchanges are suitable for short-line and frequent investors and can be traded on the exchange without waiting for the time when the encrypted currency is transferred from the wallet to the exchange to miss entry or exit.

冷钱包则是便利性兼安全性，功能性介于交易所和硬体钱包，大部分有网页版本和手机APP版本。

Cold wallets are user-friendly and secure and function in exchange and hard wallets, mostly in web and cellular APP versions.

硬体钱包相较交易所和冷钱包最为安全，基本上不怕骇客入侵盗领，适合长期持有并且拥有钜额加密货币的投资者。形式有类似 USB 的 Ledger nano S 和卡片式的 Coolwallet S 等，各有优缺点。

Hardware wallets are the safest compared to exchange and cold wallets, basically safe from hacking, and suitable for investors who hold long-term and encrypt currency. In the form of USB-like Ledger nano S and card-style Coolwallet S, there are advantages and disadvantages.

加密货币市场是 7*24 不休息，不像金融股票股市遇到週休假日会休市，可以 24 小时操作，不受时间的限制，也不会因为地域限制而无法购买海外的加密货币，只需有网路及可以支持的交易所即可。

The encrypt currency market is 7*24, without rest, and unlike a weekly holiday in the financial stock market, it can be operated 24 hours without time restrictions or because of geographical constraints it is not possible to purchase overseas encrypted currency, which can only be obtained by means of a network and an exchange that can be supported.

专属于加密货币的交易所，如：

Exchanges specific to encrypted currency, such as:

需要先注册成会员，并且需完成 KYC ，虽然各家交易所认证方式不尽相同，但是目的都是为了洗钱防制以及帐户出现问题能有人负责。通过认证后，大致上所有功能都可以操作，从充值至提领等。其优点是交易所用户体验较优，有的交易所支援法币出入金，目前去中心化交易所是没有法币出入金的。

There is a need to register as a member and to complete & nbsp; KYC  although there are different forms of exchange certification, the purpose is to be held accountable for money-laundering prevention and account problems. After certification, all functions are generally operational, ranging from a charge to a claim. The advantage is that exchange users experience better, some support French currency entry and exit money, and there is currently no French entry and exit money for decentralized exchanges.

简单来说，一般我们如果要买卖股票，需至证券商开户，并提供身份资料进行验证，核对无误后证券商才会同意开户。买卖加密货币则需至加密货币交易所注册帐户，也要提供身份资讯和证明文件，如未通过认证则依各交易所规定可能于充值或提领上有诸多限制。

In general, if we want to buy or sell a stock, we need to open an account with the securities dealer and provide identification information to verify that the securities dealer agrees to open the account.

无须注册会员，只需要有个冷钱包即可，并且相较于中心化交易所安全性较佳，不过去中心化交易所普遍交易量较低，加上操作介面和流程较复杂，是目前去中心化交易所最迫切要改善的痛点。

There is no need for registered members, but only a cold wallet, which is more secure than a centralized exchange, with a lower volume of transactions in general in non-centralized exchanges and more complex operating interfaces and processes, and is the most pressing pain point for improvement in decentralized exchanges at present.

顾名思义是在交易所外与加密货币玩家私下进行交易，不透过交易所买卖，形式大致分为面交交易、在网路上双方谈妥后交易或在专门 OTC 平台上放置广告有需求可下单交易，不论量大量小、散户和大户都合适。不过使用 OTC 的最大优势在于投资者交易大量加密货币，如：一次交易 1,000 颗 BTC 或 10,000 颗 ETH 以上不等。为什么要在场外而不是在交易所呢？因为一次大单出现，交易所买单或卖单不足，可能会造成瞬间拉抬价格或价格爆跌情形发生。

By definition, transactions are conducted in private with encrypted currency players outside the exchange, not through the exchange, in the form of largely face-to-face transactions, post-negotiation transactions on the Internet, or adverts placed on a dedicated OTC platform, with a demand for a single transaction, regardless of the size of the transaction. But the advantage of using OTC is that investors trade in a large number of encrypted currencies, such as 1,000 BTCs or 10,000 ETHs or more in a single transaction.

举例来说，假设今天桑吉想要购买 1,000 颗 BTC，但是交易所卖单不足，如果要一次买完，可能会造成价格抬升，导致要更高的价格购买 BTC。所以桑吉会在网路或 OTC 平台上寻找加密货币卖家，双方敲定好价格后，1,000 颗 BTC 就以双方约定之价格成交。

For example, assuming that Sanji wants to buy 1,000 BTCs today, but that the exchange bill is insufficient, it may lead to higher prices, leading to higher prices for BTC. So Sanji will look for encrypted money sellers on the Internet or on the OTC platform, and when the prices are finalized, 1,000 BTCs will be sold at the price agreed between the parties.

以下列举场外交易的几个好处:

lists several advantages of off-site transactions:

1.价格弹性高

1. High price elasticity

因为购买或贩售大量加密货币而造成价格波动过大，产生了额外的成本支出。相反的如果采用场外交易，价格由双方买家和卖家约定好即可，不需受到交易所价格限制，因此议价空间也相对较高。

Prices fluctuate too much as a result of the purchase or sale of large quantities of encrypted money, creating additional cost costs. On the contrary, when off-site transactions are used, prices are agreed between buyers and sellers, free of exchange price restrictions, and there is relatively more room for bargaining.

2.可大额交易

2. Large-value transactions

许多加密货币交易所会有充值与提领的限制，例如：假设有一天 BTC 价格漂亮，需要买 1 千颗 BTC，但是法币交易所（如 MAX 交易所）充值额度有限制，因此会错失购买 BTC 的大好机会。

Many crypto-currency exchanges have limits on charge and offer, for example, assuming that one day BTC is priced well and requires a thousand BTC, but the French-currency exchange (e.g. MAX) has a limit on the amount of charge, and therefore the opportunity to buy BTC will be missed.

3.不受政府监管

3. Freedom from government regulation

举例来说，上面所提到的法币交易所 MAX 或 BitoPro 会因受到政府监管或者金融机构合作上的诸多限制，需要对用户进行 AML/KYC 的动作，进而用户资料、资金的流动或银行帐户都将可能受到严格的掌控。至于场外交易则是双方私下交易，因此不会遭到政府监管。

For example, the above-mentioned French-currency exchange MAX or BitoPro may require user AML/KYC movements because of numerous restrictions on government regulation or cooperation by financial institutions, so that user information, the flow of funds, or bank accounts may be strictly controlled. In the case of off-site transactions, the parties deal privately, so that they are not subject to government regulation.

虽然场外交易看似好处多多，但还是会有一定的风险：

, although off-site transactions seem to be of great benefit, has a certain risk:

1.诈骗

Fraud

最容易的就是三方诈骗，不只出现在加密货币圈，其他网拍上都非常常见。所以交易时要注意任何细节，如果是网路上交易，双方验证绝对不能少，身份证、银行帐户和本人视讯验证，并且确认帐户有款项进入或者加密货币上链入钱包才能安心。

The easiest thing to do is three-way fraud, not only in the encrypt currency ring, but also on other web-based cameras. So the transaction must be conducted in any detail. In the case of online transactions, there must be no lack of verification by both parties. Identification cards, bank accounts and personal video verification, and confirmation that an account has money entering or encrypted money chained to a wallet, will be comforted.

2.资金来源不明

2. Unknown source of funding

因为不受政府的监管，许多不法人士会藉由加密货币进行不当之事，如：非法洗钱等，假设今日对象使用脏钱（不法手段得到的资金）进行交易，一旦收到脏钱后，可能会面临法律上的责任，因此对于资金的来源需要调查仔细才不会惹上不必要的麻烦。

Because they are not regulated by the Government, many outlaws use encrypted money for improper purposes, such as illegal money-laundering, assuming that today's clients use dirty money (funds obtained by illegal means) for trading and may face legal liability upon receipt of dirty money, so that the source of the money needs to be investigated carefully in order not to cause unnecessary trouble.

知道这 5W，大致上投资加密货币的过程从加密货币是什么、为何需要加密货币、在哪可以买到加密货币、什么时候可以交易至该存放何处，算是拿到加密货币世界的入场券，但是加密世界却是非常浩瀚的，还需要不断的吸收知识和常识，并有了实战操作的经验，一点一滴累积才能在市场上大杀四方，而不是被庄家当成韭菜割。

Know this 5W, the process of investing roughly in encrypted money from what it is, why it needs to be encrypted, where it can be bought, when it can be traded to where it is stored, is a coupon to the world of encrypted money, but the world of encryption is vast and requires continuous infusion of knowledge and common sense, and experience in operational warfare, so that one drop accumulates in order to kill the world in the market, rather than being treated as a groceries.