Japan is the second biggest market for cryptocurrency in the world. Therefore, it is quite natural that related activities are gaining ground in the country. This was also quite evident when Cryptocurrency Support Center has introduced a rigorous investment course on the digital currency. Their focus is mainly on middle-aged, as well as, elderly adults or senior citizens as people are trying to get better returns on their investments. One of the possible reasons could be due to no interest rate hike for a long time in the country.
Spreading Of Correction Information
The center has categorically stated that it is keen to support any dissemination of correct information apart from spreading knowledge of digital currencies in the country. Another key point is that it is keen on creating assets with cryptocurrency with confidence. The organization disclosed that it had established connections with foreign exchanges apart from issuers of digital tokens. Its end objective is to encourage the sound establishment of the cryptocurrency industry. The Center is obviously keen to take advantage of the growing attention being given to the virtual currency in the country.
News bitcoin report said, “In the past, investment of stocks and FX was the mainstream. However, since 2017 virtual currencies became a topic in the news, and seniors who start investing [in] virtual currencies are increasing…we hold virtual currency seminars…and some participants in their 80s have participated.” The center also explained that senior citizens have been increasingly interested in cryptocurrencies. This is mainly due to their keenness in increasing their asset holdings for their future relief of family apart from their grandchildren. The center is keen to remove the anxiety of old age among the seniors.
The center has indicated that the course would be split into two parts. The first part would be basic operation apart from virtual currency maintenance. It will also focus on “investment know-how of virtual currency and measures against taxation.” This would also include the opening of an account in a cryptocurrency exchange and the steps to acquire digital currencies with the help of the local currency.
The education would also focus on storing of cryptocurrency in wallets apart from cold storage. Aside from this, students would learn as to how to receive and send digital currency remittances. Another key focus area is on the security of managing the virtual currencies. This included authentication through two steps and safekeeping apart from the restoration of private keys.
Beginners to Be Covered
The center also explained that it would concentrate on beginners too if they want to understand the intricacies of buying any digital currency. The center would guide the beginners’ right from the beginning. This included the methodology to use a personal computer. It is not worried whether the beginner is an experienced or not experienced in using PC.
As far as the second part, it would focus on fundamental analysis with the help of Twitter. This apart, technical analysis would also be covered with the help of cryptopia and Tradingview. Students would be in a position to learn from ‘promising altcoin watching methods.’