When you send Bitcoin to someone, your Bitcoin transaction enters the Bitcoin network as an unconfirmed transaction. The transaction pool is created with some more unconfirmed transactions. Miners create a new block with some unconfirmed transactions from the transaction pool and try to place this new block in its intended place on the blockchain.

Suppose, if the new block number is 100, then the miners start looking for the number 99 block. When they were found, they placed the new 100 number block next to the 99 number block. When this new block sits at its intended location on the blockchain, all the transactions on that block receive 1 confirmation. After that, if a new block sits again, the transactions in the previous block will receive 2 confirmations. In this way, the more the blocks sit, the confirmation will increase.

I mean:
1 block means = 1 confirmation
1 block + 1 block = 2 confirmation
1block + 1 block + 1 block = 3 confirmation

6 confirmation is standard. Most wallets want six confirmation.

Why would you want to use escrow for a small amount? Either way you're a new account so you have to send first or I won't do this loan. 

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Yes I truly believe in cryptocurrency. We all know that the basic aim of everyone for participating in any investment market is to earn profits and there is nothing wrong in that. But a person should have some realistic goals. You can invest in something blindly and then expect your money to be doubled in a week. You should research and study properly and take every decision wisely.

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