All basics about the Cryptocurrencies

Posted by Emma5858 on August 15th, 2018

The cryptocurrencies are a digital exchange medium, ie, a digital currency without hardware, which uses cryptography to control and manage safely transactions between users. Its main features, as we have said, are that it is not a physical currency although it can be stored in devices and that its creation is based on a single cryptography and currently does not depend on anybody or government that is responsible for generating this type of currency.

The cryptocurrencies are the subject of the moment, but what are they? Are they a fad or are they here to stay? It seems that the cryptocurrencies come stomping, although they still generate a strong debate about their security and if they are a profitable way of investment . But if they really were not, will there continue to be more types of cryptocurrency? In the next article we will discuss what cryptocurrencies are and which are the most famous to invest this 2018.

Maybe you think that everyone already knows about bitcoin and cryptocurrencies and most of the investment in them is already finished, but that is not the case, ask in your nearest environment, you may have heard of bitcoin but as a reference to dark businesses, scams and other illegal issues. If it was already difficult to choose coins at the beginning of 2017 with a market of about 700, imagine now with a market duplicated of almost 1,400 different coins, however we can make a screen using the features that should meet.

That it serves to acquire products and services, as clearly, the bitcoin. With the creation of new cryptocurrencies, new platforms have appeared to send, receive and buy different types of cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum and Litecoin, we speak of Coinbase , a  platform and digital wallet  that allows to operate with cryptocurrencies in a simple way and safe. Once the currency or currencies in which to invest is decided, the best strategy is to buy and maintain, unless we are skilled traders and we know what we are doing.

The latest news of the virtual currencies are negative after its last fall at the beginning of the year, but this does not mean that they are not safe or profitable, only that we must consider at the moment that they are to take advantage of their potential. We tell you what are the different top cryptocurrency that are ideal to invest this 2018.

In a global market where money is pouring in sooner or later our currency will revalue although we understand that buying and maintaining is more boring than trading. If the chosen currency rises and goes up , a good strategy is to sell more or less half to recover all or part of the investment and leave the rest in case it continues to rise, that rest in any case will be earnings even if it goes down, so We risk "free money". Fine more details, here.

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Emma5858

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Emma5858
Joined: October 8th, 2017
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