Cryptocurrency has earned quite fame. Due to its unique liquidity and swift trend shifts it is in the news quite often. Here we are going to discuss some of the latest “Financial Experts’ views” regarding cryptocurrency.
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Forbes
Forbes has recently published its list of “The Richest People in Cryptocurrency” which consists of 19 richest cryptocurrency holders. Some other mentionable articles are “The Emperor's New Coins: How Initial Coin Offerings fueled a $100 Billion Crypto Bubble” and “The Hail Mary Retirement Plan: Bitcoin IRA”.Medium
Medium did not keep it self-outdated. It has a very informative article on it credit titled “Your Perfect Supply Chain on Blockchain Part 1”. If you want to be fully aware of Bitcoin scope read “There’s nothing beyond the bitcoin bubble”. For more financial perspective read “Bitcoin’s Substantive & Technical Road to $100K”.Yahoo Finance
Yahoo Finance has covered the issue from investment perspective“Bitcoin Traders Reacting to Positive Sentiment” Another article “Cryptocurrencies under Pressure: All Major Cryptos with Double Digit Losses” deals with a very important issue here.Fortune
Fortune covers the cryptocurrency here “Bitcoin Is Not a Systemic Financial Risk, Say Top Economists” and “Blockchain Rival to Wikipedia raises $30 Million, Plans Token 'Airdrop”.Mashable
Mashable covers one interesting and anticipated issue being discussed “Here's how the cryptocurrency market will recover".
But the question here is why are we even discussing these articles about crypto? All the mentioned stories and the ones not covered here point out a very significant result. The conclusion is importance and scope of cryptocurrency. It is not an instant wave or something temporarily in the air. It is there to stay and most probably going to flourish. So, if anyone is planning to invest in digital market and more precisely in crypto currency he should consider a few important things.
Some of the important issues to be considered before buying the cryptocurrency are:
Benefits of Cryptocurrecny
These include Buying Goods, secure Investment, Medium of Payment for Businesses, and block chain based services acquisition.
Mechanism or functional manner of CryptoCurrencies
To understand the proper working of cryptocurrency you should understand of blockchain, cryptography, mining, and transactions. It simply works with a virtual ledger and personal account of user and other party. A detailed and simple explanation can be found here.
How to buy Cryptocurrency?
There are 02 methods to buy cryptocurrency. Either through mining or cloud mining. Mining is to generate and manage the Bitcoin or any other currency account by the individual. Cloud mining is to get the service of company providing minning services to the client. The client only pays and maintains it account with having the need to indulge in currency generation and other tasks.
Which crypto currency is suitable to be bought?
Which coin is leading the market?
What is the current and future market trend?
These and similar questions relate to the financial trend of any cryptocurrency. Some of the famous digital currencies are Bitcoin, Ethereum, Ripple, Bitcoin Cash, NEM, Litecoin, Monero, NEO, Altcoin, Dash, IOTA, Doggicoin, Omni, Peercoin, and Swiftcoin. You can kep your self updated through latest market trends and market information. Along with mainstream Business news you should stay connected with reviews and websites particularly covering the cryptocurrency trends and transactions.