DISTRIBUTION IN CRYPTOCURRENCY MARKET TRADING

in Steem Alliance22 days ago (edited)

Hello to everyone in this wonderful community today and on this great platform at large. I greet you all in good spirit and I want to believe that we all are doing just great today and if so we give God the praise for the sustenance of life and good health.

I welcome you all to yet another beautiful day of the week and I want to believe that we all are already having a great week in sound mind and body.

Today is indeed a great day and as such I am here again to discuss yet another interesting topic with you all regarding cryptocurrency market trading. Today I have title the teaching as DISTRIBUTION IN CRYPTOCURRENCY MARKET TRADING.

This teaching that is about to commence has great impact to the reading especially to those who are just joining the cryptocurrency market trading for the first time. With this teaching, you will certainly understand the various type or aspect of cryptocurrency distribution as well.

So I urge you all to sit tight and relax as I begin the teaching for today. I wish you a happy reading!


Before we move down to the discussion of today, I will like us to get the knowledge regarding the term DISTRIBUTION for this will give us better understanding about the topic we are about to talk about briefly.

WHAT IS DISTRIBUTION

The word distribution can be seen as the process of allocating certain items to participants or individuals who are deemed worthy or fit to receive such items depending on the context. It can also be denoted as a way of transferring assets to a given persons within a particular or specific environment at a particular point in time.

pexels-rdne-stock-project-8369648.jpg
Source

So distribution deals with the act of dispersing certain things to a specific individuals who are qualified to receive such items at that point in time. It can either be money distribution, assets distribution, portfolio distribution and so on and so forth.

The distribution is done according to the qualifications of the persons in question. It can also be done evenly where all participants are given equal allocation of the items given or shared.

Now that we have gotten the basic idea regarding the term distribution I now believewe can move forward. Let us quickly talk about the topic of the day as soon as possible.

DISTRIBUTION IN CRYPTOCURRENCY MARKET TRADING

I know this probably might sound odd to some of us especially the newbies as some of you are just hearing the word distribution in cryptocurrency market trading. Do not worry for I will be giving you a concise teaching regarding the said topic for today.

Distribution in cryptocurrency market trading can be seen as the scenario by which cryptocurrency assets is been allocated or dispersed between certain digital currency trading participants and individuals in the digital currency market.

pexels-crypto-crow-1447418.jpg
Image source

When this happens it implies that there have been an ownership transfer regarding this assets among certain selected digital currency market trading participants and when this happens it means that those trading participants now holds a particular number of the said assets.

Hence that makes them owners or holders of such asset ad the dispersion of that assets automatically grants them the certificate of ownership of that assets.

Let me quickly site an example regarding what I just explained above. This distribution is said to be the allocation of ownership power from one user to another through the dispersion of these digital assets and when that is that, automatically the number of ownership or holders of such tokens increases.

For example I have some steems assets in my wallet and then I choose to organize a contest on this particular in a particular community and so I indicated a prize of steems to participants who come out victorious.

As soon as I announce the winners of the contest upon the conclusion of the contest and afterwards allocates the particular number of steem that has been set aside by me to the winners, when that gets to their individual wallets it automatically makes them owners of the steem cryptocurrency.

Now that is what distribution in cryptocurrency market trading is all about. One is been made an owner of a particular cryptocurrency asset when he or she gets that asset through the dispersion of the asset to his or her wallet which in turn means Distribution.


CONCLUSION

With the above definitions and explanation we can say that distribution in cryptocurrency is the act of sharing a digital currency assets to a particular number of individuals or participants in the cryptocurrency market hence this make them holders of the asset as it involves the dispersion of ownership to certain participants in the digital market.

Thank you all for your time. We will be discussing more regarding this topic when next I am here but for now goodbye.

Sort:  

Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
image.png
please click it!
image.png
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)

The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.

Upvoted! Thank you for supporting witness @jswit.

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 66940.14
ETH 3120.99
USDT 1.00
SBD 3.76