Before venturing on buying digital currencies, it is important that you have the basic knowledge when it comes to cyptocurrencies or digital currencies. Without the basic knowledge, you may end up losing more money or worse, you may be entering an unsecured website and lose all the money you tried to invest. So it is just advisable to learn more about all the basics before starting on this exciting new digital trading journey.
Using exchange websites Similar to going to a foreign exchange facility, using a digital currency exchange website would allow you direct buy and sell bitcoins using your online bank or debit card. There are several exchange websites and they would only vary so little, mostly on the features that can be found locally on their website.
Digital wallets In order for you to be able to buy bitcoin, you must have a secured digital wallet. Your wallet contains your private key that allows you to access your digital currency regardless of the market that you are currently in. This is pre-requisite when purchasing digital currency because this is where your money will be virtually stores, so to speak.
and hardware wallets
Both software and hardware wallets are secured and
easy to use. The only difference is that with software wallet, you will be
using a software, an application, or a mobile app, to be able to generate the
wallet where you can store your private key. With a hardware wallet, you would
actually be needing a hardware to store the private key. One recommended
hardware is a small flash drive to be used as your digital wallet. The flash
drive is portable so that you can always bring it with you. It is also said
that hardware wallets are more secured because you can use it without initially
accidentally pressed the Delete button, or the Shift + Delete buttons on your
keyboard, and the file you have just deleted is an extremely important one. Is
there still a chance of recovering deleted files?
Data recovery is
one of the trickiest things that any technical expert has to do, as no matter
how advanced the data recovery methods are, there is still bound to be some
percentage or chance of not being able to recover the files.
To recover deleted files, one must first determine if the problem is purely logical or physical. Logical problems pertain to file deletion with no physical damage to the hard drive, while physical problems have physical, mechanical or electrical problems with the hard drive along with file deletion.
How does file
deletion in computers work? And why are there instances that one can still
recover those files even if they are deleted? Let’s take a look at the process.
Computer removes the file
reference on the hard drive once it deletes the file or moves it to the Recycle
Bin. The computer no longer can “see” the file.
File is no longer readable in
the computer, but it is still on the hard drive. Unless another file or a part
of the file is saved in the exact same location, the file is still in the hard
Since the file is still in the
hard drive, data recovery software can still recover deleted files. Such
software simply have to rebuild the file header and allow the computer to see
the file again, as long as no other data has been saved on top of the original
Do not be afraid
and panic when you accidentally delete an important file. Simply go through the
initial steps of using the Windows OS features and appropriate data recovery
software to recover the file. If all else fails, seek help with data recovery