Has Cryptocurrency Become Every Indian’s Dream Investment?

The cryptocurrency market boomed in 2017-2018; the total market cap of cryptocurrencies reached $700 billion last year. With the huge market potential offered by cryptocurrencies, digital currency trading is booming and several crypto exchanges have been launched within a year and more are under development. Crypto exchanges are platforms where traders can exchange cryptocurrencies for other cryptocurrencies or fiat money.

Panaesha Capital Exchange (PCEX) is a cryptocurrency trading platform due to launch in Q3 2018. PCEX is secure, fast, provides high liquidity and uses a brokerage channel for added security. The platform is a one-stop trading solution; offering both cryptocurrency to cryptocurrency exchange and cryptocurrency to fiat currency trading.

Advantages of PCEX

A multifunctional exchange platform

Many crypto-exchanges, even well-known platforms, only support crypto-to-crypto transactions, forcing traders to conduct their activities on multiple exchanges. Crypto traders first buy cryptocurrencies for fiat money on a certain platform and then spread the currencies across several trading platforms to provide liquidity and profit. To convert digital currencies to fiat, traders have only a few platforms to choose from. PCEX is a complete solution offering high liquidity; crypto-traders can do all their trades on one platform and substantial returns will also be ensured.

High liquidity

To promote the liquidity of PCEX digital assets, the platform embodies all the key attributes of a fast-growing exchange;

Easy user interface to simplify the transaction process. PCEX is built similar to the format of the National Stock Exchange for familiarity.

Low transaction fees (PCEX insists on very few trading fees on the platform).

Advanced buying and selling process through a superior matching engine. Trade orders will be matched quickly on the platform.

High caliber order matching

PCEX users are offered the limit trading procedure so that they can buy or sell assets at a price determined by them; the matching engine will try to improve the sale by matching the user’s trade with a better price for a limited time. The limited time will be set by the traders, after which the trade order will be removed from the platform. PCEX has the ability to quickly match orders through a superior order matching engine.

Affordable fees

To trade on PCEX, crypto traders will only pay two fees: transaction fees and withdrawal fees. The transaction fee of PCEX is much lower than the fees of other platforms offering similar services. A significant portion of transaction fees go to PCEX brokers and sub-brokers; the platform will receive a smaller portion of the cut.

Broker and sub-broker channels

Crypto-trading brokers and sub-brokers is a unique feature of the PCEX trading platform. Traders on crypto exchange platforms usually face poor customer support and slow response times. PCEX addresses this shortcoming by employing a range of brokers and sub-brokers to personally assist traders with each trade. PCEX traders will be assigned a single point of contact that they can contact at any time for assistance. No dark period of no reaction will ever be associated with PCEX.

Through the brokerage channel and exceptional services, PCEX aims to build long-term relationships with users. The brokerage channel also adds a layer of security to the platform.

High security

By the way, PCEX has several levels of security. The platform has a Clark-Wilson model of security architecture to ensure data integrity. The security system will check the reception of PCEX information so that data breaches can be prevented together. Secure platform operations require auditors to cooperate; devices and identities are available to protect the website. PCEX provides crypto-traders with a level of security that is impenetrable and keeps traders’ identities and digital assets safe from hackers and accidental loss.

All PCEX users, brokers and sub-brokers must complete a KYC/AML protocol; PCEX prepares in advance for any regulations that may arise in the future. Traders can also be sure of the legitimate behavior of the platform.

Conclusion

Cryptocurrency trading is a volatile atmosphere with price peaks and troughs almost every day. Price volatility depends on government or state regulations, security, acceptance of digital currencies by sellers, major players, etc. Cryptocurrency trading provides a much higher return on investment than the traditional stock market; early cryptocurrency investors made millions in profits in 2017-2018.

To support the growing demand for digital currencies and digital currency trading platforms, PCEX adopts an advanced framework with full-service tools. Everything a crypto-trader would need to trade smoothly and hassle-free is available on PCEX. In fact, PCEX goes the extra mile.

Check out the new and exclusive crypto exchange at http://www.pcex.io.

To be able to make your own cryptocurrency, here are some of the things you should follow.

Build a blockchain

The first step to creating the best cryptocurrency is building a blockchain. Blockchain technology is the foundation and foundation of every cryptocurrency you see in the world today. The blockchain contains the details of each cryptocurrency.

This is a ledger that shows the history of every cryptocurrency you have. It also shows more details about who owned the cryptocurrency coins before you. The best cryptocurrencies have very efficient blockchain technology.

Code

All the software you see on the Internet is made of code. The same is the case with cryptocurrency. Fortunately, most cryptocurrency is made using the same code. Basically cryptocurrencies are made using C++ code. You can export all the codes you need from GitHub and use them to make your cryptocurrency. However, the code will differ from your specifics. If your blockchain is longer and faster, you need to add programs for that. In general, programs can range from a week to several months when making a blockchain.

In order to make the best cryptocurrency, one must make sure that they have set the highest level of security to be followed. There are hackers everywhere and it is always your role to fend off the hackers. One powerful tool that has been used to alienate hackers is the use of a private and public key. This is because each key is generated from the previous key. Through the use of cryptography, each key can be traced back to the first transaction ever made.

You should also make sure you create a group of miners. For a stable cryptocurrency like Bitcoin? anyone can be a miner. The miner does two things.

-Creates the crypto coin

– Authenticates cryptocurrency.

You need to create a standard way to create and authenticate your cryptocurrency.

Access to market needs

Many cryptocurrency experts said that the most important part is to access the needs of the market. You have to be passionate and observe what other cryptocurrencies are not offering and offer it yourself. If we look at the biggest cryptocurrency in the market, Bitcoin today.

It is designed to provide a faster transaction in the online world. Bitcoin also received great acclaim because it was able to hide the identity of users. They remained anonymous, but a legitimate transaction could still take place. These are the most important parts to consider when creating a cryptocurrency.

In order to make a very successful cryptocurrency, you need to make sure that you are able to do proper marketing of your cryptocurrency. This means going to merchants and asking them to accept your cryptocurrency as their payment method. Overall, these are some of the best ways to create a crypto coin.

Over the past year, the cryptocurrency market has received a series of heavy blows from the Chinese government. The market took the hits like a warrior, but the combinations took a toll on many cryptocurrency investors. The market’s lackluster performance in 2018 pales in comparison to its stellar 1,000-percent gains in 2017.

What happened?

Since 2013, the Chinese government has taken measures to regulate cryptocurrency, but nothing compared to what was imposed in 2017. (See this article for a detailed analysis of the official notice issued by the Chinese government)

2017 was a landmark year for the cryptocurrency market with all the attention and growth it achieved. Extreme price volatility has forced the Central Bank to adopt more extreme measures, including banning Initial Coin Offerings (ICOs) and restricting domestic cryptocurrency exchanges. Soon after, mining factories in China were forced to close due to excessive electricity consumption. Many exchanges and factories moved overseas to avoid regulations but remained accessible to Chinese investors. However, they are still unable to escape the clutches of the Chinese dragon.

In the latest in a series of government-led efforts to monitor and ban cryptocurrency trading among Chinese investors, China has expanded its “Eagle Eye” to monitor foreign cryptocurrency exchanges. Companies and bank accounts suspected of transacting with foreign crypto exchanges and related activities are subject to measures ranging from restricting withdrawal limits to account freezes. There are even ongoing rumors among the Chinese community of more extreme measures being imposed on foreign platforms that allow trading between Chinese investors.

“As for whether there will be further regulatory measures, we will have to wait for orders from higher authorities. Excerpts from an interview with the team leader of the China Public Information Network Security Supervision Agency under the Ministry of Public Security, February 28

WHY WHY WHY!?

Imagine your child investing their savings to invest in a digital product (in this case cryptocurrency) whose authenticity and value he or she has no way of verifying. He or she may get lucky and become rich or lose everything when the crypto-bubble bursts. Now scale that to millions of Chinese citizens and we’re talking billions of Chinese Yuan.

The market is full of scams and pointless ICOs. (I’m sure you’ve heard news stories about people sending coins to random addresses with the promise of doubling their investments and ICOs that just don’t make sense). Many clueless investors are in it for the money and could care less about the technology and innovation behind it. The value of many cryptocurrencies is derived from market speculation. During the cryptocurrency boom of 2017, participate in any ICO with a famous advisor on board, a promising team or decent hype and you are guaranteed at least 3x your investment.

A lack of understanding of the firm and the technology behind it combined with the proliferation of ICOs is a recipe for disaster. Central Bank members report that almost 90% of ICOs are fraudulent or involve illegal fundraising. In my opinion, the Chinese government wants to ensure that cryptocurrency remains “controllable” and is not too big to fail in the Chinese community. China is taking the right steps towards a safer, more regulated cryptocurrency world, albeit an aggressive and controversial one. In fact, it might be the best move the country has made in decades.

Will China issue an ultimatum and make cryptocurrency illegal? I highly doubt it as it’s pretty pointless to do. Financial institutions are currently prohibited from holding any crypto assets, while individuals are permitted but prohibited from conducting any form of trading.

A Government Cryptocurrency Exchange?

At the annual “Two Sessions” (so-called because two major parties, the National People’s Congress (NPC) and the National Committee of the Chinese People’s Political Consultative Conference (CPCC) participate in the forum held in the first week of March, leaders gather to discuss latest issues and make the necessary changes in the law.

Wang Pengjie, a member of the NPCC, deals with the prospects of a state-owned digital asset trading platform, as well as initiates blockchain and cryptocurrency education projects in China. However, the proposed platform will require an authenticated account to allow trading.

“With the establishment of related regulations and the cooperation of the People’s Bank of China (PBoC) and the China Securities Regulatory Commission (CSRC), a regulated and efficient cryptocurrency exchange platform will serve as a formal way for companies to raise funds (through ICOs) and investors to hold their digital assets and achieve capital appreciation” Excerpts from Wang Pengjie’s presentation in both sessions.

The Journey to a Blockchain Nation

Governments and central banks around the world are struggling to cope with the growing popularity of cryptocurrencies; but one thing is for sure, everyone has embraced blockchain.

Despite the crackdown on cryptocurrency, blockchain is gaining popularity and acceptance on various levels. The Chinese government is supporting blockchain initiatives and embracing the technology. In fact, the People’s Bank of China (PBoC) is working on a digital currency and has made fake transactions with some of the country’s commercial banks. It is not yet confirmed whether the digital currency will be decentralized and offer cryptocurrency features such as anonymity and immutability. It wouldn’t be a surprise if it turns out to be just a digital Chinese yuan, given that anonymity is the last thing China wants in its country. However, created as a close substitute for the Chinese yuan, the digital currency will be subject to existing monetary policies and laws.

The governor of the People’s Bank of China, Zhou Xiaochuan. Source: CNBC

“Many cryptocurrencies have seen explosive growth, which could lead to a significant negative impact on consumers and retail investors. We don’t like (cryptocurrency) products that take advantage of the huge speculation opportunity that gives people the illusion of getting rich overnight” Excerpts from Zhou Xiaochuan’s Interview on Friday, March 9.

In a media appearance on Friday, March 9, People’s Bank of China Governor Zhou Xiaochuan criticized cryptocurrency projects that take advantage of the crypto-boom to make money and fuel market speculation. He also noted that the development of digital currency is “technologically inevitable”

At the regional level, many Chinese cities are driving blockchain initiatives to promote growth in their region. Hangzhou, famous for being the headquarters of Alibaba, has declared blockchain technology as one of the city’s top priorities in 2018. The local government in Chengdu city has also been proposed to build an incubation center to promote the adoption of blockchain technology in financial services. the city.

Local conglomerates such as Tencent and Alibaba have also partnered with blockchain firms or initiated projects on their own. Blockchain firms such as VeChain have also secured multiple partnerships with Chinese firms to improve supply chain transparency in China.

All clues point to the fact that China is working towards a blockchain nation. China has always had an open mentality towards emerging technologies such as mobile payments and artificial intelligence. From now on, it is without a doubt that China will be the first blockchain-enabled country. Will we see the Chinese government back down and allow its citizens to trade again? Probably when the market has matured and is less volatile, but definitely not in 2018.

What is obsession? It is defined as a mental illness characterized by intense excitement, euphoria, delusions and hyperactivity. In investing, this translates into investment decisions driven by fear and greed, untempered by analysis, reason or risk-reward balance. The craze usually runs parallel to the business development of the product, but the timing can sometimes go wrong.

The technology.com boom of the late 1990s and today’s cryptocurrency boom are two examples of how a craze works in real time. These two events will be highlighted with each stage in this article.

The idea stage

The first stage of obsession begins with a great idea. The idea is not yet known to many people, but the earning potential is huge. This usually translates to unlimited profit as “nothing like this has ever been done before”. The Internet was one such case. People using the paper systems of the time were skeptical like “how can the internet replace such a familiar and established system?” The backbone of the idea begins to build. This turned into the modems, servers, software and websites needed to turn the idea into something tangible. Investments at the idea stage start faintly and are made by people “in the know”. In this case, it could be visionaries and people working on the project.

In the cryptocurrency world, the same question is asked: How can a piece of crypto code replace our monetary system, contract system and payment systems?

The possibilities

The first websites were crude, limited, slow and annoying. Skeptics would look at the words “information superhighway” that the visionaries uttered and say “how can this really be that useful?” The forgotten element here is that ideas start at their worst and then evolve into something better and better. This sometimes happens because of better technology, greater scale and cheaper costs, better applications for the product in question, or better product knowledge combined with excellent marketing. On the investment side, early adopters are coming in, but there is still no euphoria and astronomical returns. In some cases, the investments have made decent returns, but not enough to get the masses on board. This is analogous to slow internet connections in the 1990s, websites crashing or information being incorrect in search engines. In the cryptocurrency world, this is seen by the high cost of mining coins, slow transaction times, and account hacking or theft.

The acceleration

Word is getting out that this internet and “.com” is the hot new thing. Products and tangibility are being built, but due to the sheer scale, the cost and time involved would be huge before everyone uses it. The investment aspect of the equation begins to outpace business development as markets reduce business potential at the cost of investment. The euphoria is starting to materialize, but only among the early adopters. This is happening in the cryptocurrency world with the explosion of new “altcoins” and the big media press the space is getting.

The euphoria

This stage is dominated by the parabolic returns and potential that the Internet offers. Not much thought is given to implementation or issues because “the returns are huge and I don’t want to miss out.” The words “irrational exuberance” and “obsession” are starting to become common as people buy out of pure greed. Adverse risks and negativity and largely ignored. Symptoms of the craze include: Every company with a.com in its name is red-hot, analytics thrown out the window in favor of optics, investment knowledge becoming less and less apparent among new entrants, expectations of returns of 10 or 100 bags is common and few people actually know how the product works or doesn’t work. This played out in the cryptocurrency world with the stellar returns of late 2017 and incidents of companies using “blockchain” in their name jumping hundreds of percentage points. There are also “reverse takeovers” where the names of shell companies that are listed but dormant are changed to something involving blockchain and the shares are suddenly actively traded.

The crash and burn

The business scene for the new product is changing, but not as fast as the investment scene is changing. Eventually, a change in mindset occurs and a huge sales boom begins. Volatility is huge and many “weak hands” have been wiped out of the market. Suddenly, the analysis is being used again to justify that these companies have no value or are “overvalued”. Fear spreads and prices accelerate downward. Companies that have no profits and that survive on advertising and future prospects are blown away. Cases of scams and scams that are on the rise to take advantage of greed are being exposed, causing more fear and a sell-off in securities. Businesses that have the money quietly invest in the new product, but the rate of progress slows because the new product is an “ugly word” unless the benefits are convincingly demonstrated. This is starting to happen in the cryptocurrency world with the folding of lending schemes using cryptocurrencies and more frequent cases of coin theft. Some of the fringe coins crash in value due to their speculative nature.

The survivors

At this point, the investment landscape is charred with stories of losses and bad experiences. Meanwhile, the great idea becomes tangible, and for the businesses that use it, it’s a boom. It begins to be applied in daily activities. The product is starting to become a standard, and visionaries are quoted as saying that the “information superhighway” is real. The average consumer notices an improvement in the product and it begins mass adoption. Businesses that had a real profit strategy take a hit during the crash and burn stage, but if they have the money to survive, they make it to the next wave. This has not yet happened in the cryptocurrency world. The expected survivors are those with a tangible business case and corporate backing – but it remains to be seen which companies and coins those will be.

The next wave – business catches up with advertising

At this stage, the new product is the standard and the gains become obvious. The business case is now based on profit and scale, not the idea. A second wave of investment is emerging, starting with these survivors and extending into another early phase of mania. The next stage is characterized by social media companies, search engines and online shopping, which are derivatives of the original product – the Internet.

The conclusion

Manias work in a pattern that manifests itself similarly over time. Once one recognizes the stages and thought process of each, it becomes easier to understand what is going on and investment decisions become clearer.

Over the past few years, people have been talking a lot about cryptocurrency. At first, this business sounded scary, but people began to trust it. You may have heard of Ether and Bitcoin. Both are crypto currencies and use Blockchain technology for the highest possible security. These days, these currencies come in several forms. Let’s learn more about it.

How can cryptocurrency help you?

As far as fraud is concerned, this type of currency cannot be counterfeited as it is in digital form and cannot be reversed or counterfeited unlike credit cards.

Immediate settlement

Buying real estate involves third parties, such as lawyers and notaries. So delays and additional costs may occur. On the other hand, Bitcoin contracts are designed and enforced to include or exclude third parties. Transactions are fast and settlements can be made instantly.

Lower fees

There is usually no transaction fee if you want to exchange Bitcoin or any other currency. To confirm a transaction, there are minors who receive payment from the network. Although there is zero transaction fee, most buyers or sellers hire the services of a third party such as Coinbase to create and maintain their wallets. If you don’t know, these services function just like Paypal, which offers a web-based exchange system.

Identification of theft

Your merchant receives your entire line of credit when you provide them with your credit card. This is true even if the transaction amount is very small. In fact, what happens is that credit cards work based on a withdrawal system where the online store withdraws the required amount from the account linked to the card. On the other hand, digital currencies have a “push” mechanism where the account holder sends only the required amount without additional information. So there is no chance of theft.

Free access

According to statistics, there are about 2.2 billion people who use the Internet, but not all of them have access to the conventional stock market. So they can use the new payment method.

Decentralization

As for decentralization, an international computer network called Blockchain technology manages the Bitcoin database. In other words, Bitcoin is under the administration of the network and has no central authority. In other words, the network operates on a peer-to-peer basis.

Recognition

Since cryptocurrency is not based on exchange rates, transaction fees or interest rates, you can use it internationally without suffering any problems. So you can save a lot of time and money. In other words, Bitcoin and other currencies like it are recognized worldwide. You can count on them.

So, if you have been looking for a way to invest your extra money, you can consider investing in Bitcoin. You can become a miner or an investor. Make sure you know what you’re doing though. Safety is not an issue, but it is important to consider other things. We hope you find this article helpful.

ICO has turned out to be a revolutionized way for many companies and projects to raise money. ICO can be said as a mixture of conventional methods and advanced techniques. The main thing to keep in mind here is that investors investing in an ICO will be 100% risk-free due to the technology used.

So far, the majority of ICO funds have been raised via Bitcoin (BTC) or Ether (ETH). While conducting an ICO, the project creates a Bitcoin or Ethereum address to receive funds and then displays it on the relevant web page. The procedure is the same as opening a bank account and then showing it on a certain web page to people so they can send money.

An initial coin offering (ICO) is basically an illegal way to raise crowdfunding through various cryptocurrencies (fiat currencies in a few cases) and is managed by cryptocurrency organizations to obtain the capital funds needed to run the project. In an ICO, a portion of the newly issued cryptocurrency is sold to investors in exchange for any legalized auction or other cryptocurrency. It can be said as token sale or crowd sale which involves taking investment amount from the investors and providing some features related to the project to be launched.

IPO, that is initial public offering, is a process somehow related to ICO, where investors receive shares of ownership of the company. While in an ICO, investors buy the company’s coins, which can increase in value if the business expands.

The first token sale, ie. ICO, was done by Mastercoin in July 2013. Ethereum raised money through ICO in 2014. ICO has taken on a whole new definition in recent years. In May 2017, there were approx. 20 offerings as well as a recent Brave web browser ICO generated around $35 million in just 30 seconds. By the end of August 2017, there had been a total of 89 ICO coin sales worth $1.1 billion starting in January 2017.

Investors send Bitcoin, Ethereum or any other cryptocurrency to the given address and then in return receive new tokens that can be of great use to them if the project is hit.

• ICO is mainly conducted for cryptocurrency based projects that rely on decentralized technique. So naturally, such projects would compel only those investors who have a keen interest in the concept of cryptocurrency and are friendly to the technology used.
• The document that belongs to an investor really remains in the form of a web page, white paper or web publication. Some of these documents show accurate details about the project, while others literally falsify its features to mislead stakeholders. So before you rely on a white paper or electronic document, you better go through a quality check.

In 2017, Bitcoin saw a lot of growth and people made a lot of money in the process. Even today, Bitcoin is one of the most profitable markets. If you are just a beginner, you might want to do your homework before investing in Bitcoins. Below are 5 expert tips that can help you avoid some common mistakes while trading Bitcoin.

1. Learn the basics first

First, you may want to learn the basics so you can get a better idea of ​​how to buy and sell bitcoins. You may also want to read reviews of popular Bitcoin exchanges to look for the best platform.

As with other types of financial investments, you may want to find ways to protect your investment. Make sure your assets are protected against fraudsters and cyber attacks. After all, security is the most important aspect of any type of investment.

2. Consider market capitalization

It is not a good idea to make this type of decision based on the price of the coin alone. However, the value of cryptocurrency is only valid if you consider the existing supply in circulation.

If you want to buy Bitcoin, don’t focus too much on the existing value of the currency. Instead, you may want to consider aggregate market capitalization.

3. Invest in Bitcion instead of Bitcoin mining

The Bitcoin mining industry is growing at a rapid pace. In the beginning, it wasn’t that difficult to earn bitcoins by cracking the cryptographic puzzles. Later it was possible to mine Bitcoin only in special data centers.

These centers are full of machines designed to mine Bitcoins. Today, if you want to build a home mining center, you may have to spend millions. So it is better to invest in bitcoins.

4. Diversify your investments

New Bitcoin investors tend to have a short-lived passion for the cryptocurrency. In truth, with Bitcoin you can diversify your investment risk. If you invest wisely in cryptocurrency, you can enjoy the same rewards that you get by investing in Forex. All you need to do is put together a solid risk management strategy.

In other words, you may not want to put all your eggs in one basket. So you might want to invest in other cryptocurrencies as well.

5. Set clear goals

Since Bitcoin is a new market, it can be difficult for you to know the right time to trade your Bitcoin. The value of Bitcoin is variable, which means you need to have clear goals in terms of profit and loss.

You may not want to make the mistake of making investment decisions based on your emotions. Making smart moves can help you minimize losses and make good progress.

In short, if you are going to invest in Bitcoin, we suggest you follow the advice given in this article. This will help you make wise decisions and stay safe at the same time. Just make sure you avoid common mistakes when running this business.

Cryptocurrency has been around for a while and there are numerous papers and articles on the basics of cryptocurrency. Cryptocurrency is not only booming but also opening up as a new and reliable opportunity for investors. The crypto market is still young, but mature enough to pour enough data to analyze and predict trends. Although it is considered to be the most volatile market and a huge gamble as an investment, it has now become predictable up to a point and Bitcoin futures are proof of that. Many stock market concepts have already been applied to the crypto market with some tweaks and changes. This gives us another proof that many people are adopting the cryptocurrency market every day and currently more than 500 million investors are present in it. Although the total market capitalization of the crypto market is $286.14 billion, which is approximately 1/65 of the stock market at the time of writing, the market potential is very high, given the success despite its age and the presence of already established financial markets . The reason for this is none other than the fact that people have come to believe in the technology and products supporting crypto. It also means that crypto technology has proven itself so much that companies have agreed to put their assets in the form of crypto coins or tokens. The concept of cryptocurrency became successful with the success of Bitcoin. Bitcoin, which was once the only cryptocurrency, now contributes only 37.6% to the total cryptocurrency market. The reason is the emergence of new cryptocurrencies and the success of the projects that support them. This does not mean that Bitcoin has failed, in fact the market capitalization of Bitcoin has increased, rather what it shows is that the crypto market as a whole has expanded.

These facts are enough to prove the success of cryptocurrencies and their market. And in fact, investing in the crypto market is considered safe now, to the extent that some are investing as their retirement plan. Therefore, what we need are crypto market analysis tools. There are many such tools that allow you to analyze this market in a similar way to the stock market, providing similar indicators. Including coin market cap, coin chasing, crypto and investing. Although these indicators are simple, they provide important information about the crypto in question. For example, a high market cap indicates a strong project, high 24-hour volume indicates high demand, and circulating supply indicates the total amount of coins of that crypto in circulation. Another important indicator is crypto volatility. Volatility is how much the price of a crypto fluctuates. The crypto market is considered highly volatile, cashing out right now can bring a big profit or make you tear your hair out. Therefore, what we are looking for is a crypto that is stable enough to give us time to make a calculated decision. Currencies like Bitcoin, Ethereum and Ethereum-classic (not specifically) are considered stable. To be stable, they must be strong enough not to become invalid or simply cease to exist in the market. These characteristics make cryptocurrency reliable and the most reliable cryptocurrencies are used as a form of liquidity.

When it comes to the crypto market, volatility comes hand in hand, but so does its most important property, ie. decentralization. The crypto market is decentralized, this means that a drop in the price of one crypto does not necessarily mean a downward trend in any other crypto. Thus, it gives us an opportunity in the form of so-called mutual funds. It is a concept of managing a portfolio of cryptocurrencies in which you invest. The idea is to spread your investment across multiple cryptocurrencies so that you reduce your risk if any cryptocurrency starts to go down

Similar to this concept is the concept of indices in the crypto market. Indices provide a standard reference point for the market as a whole. The idea is to choose the best currencies on the market and spread the investment between them. These selected cryptocurrencies change if the index is dynamic in nature and only considers the best currencies. For example, if currency “X” falls to the 11th position in the crypto market, the index that considers the top 10 currencies will no longer consider currency “X” but rather will start looking at currency “Y” which has taken her place. Some providers like cci30 and crypto20 have tokenized these crypto indices. While this may seem like a good idea to some, others are against it due to the fact that there are some pre-conditions for investing in these tokens, such as a minimum investment amount being required. While others, like cryptoz, provide the methodology and value of the index, along with the currency components, so that the investor is free to invest the amount they want and choose not to invest in crypto that is otherwise included in an index. In this way, indices give you a choice to further smooth out volatility and reduce the associated risk.

Conclusion

The crypto market may seem risky at first sight and many may still be skeptical about its authenticity, but the maturity that this market has achieved within the short span of its existence is incredible and is proof enough of its authenticity. The biggest concern of investors is volatility, for which there was a solution in the form of indices.

Cryptocurrency is a type of digital currency that you can use to buy goods and services. For secure transactions, cryptocurrencies depend on a highly complex online ledger. Millions of people from all over the world invest in these unregulated currencies to make a profit. Of all these popular cryptocurrencies, Bitcoin tops the list. In this article, we will go deeper into cryptocurrency. Read on to learn more.

1. What is cryptocurrency?

Basically, you can pay with cryptocurrency to buy goods or services on the Internet. Today, several companies launched their own cryptocurrency. Known as tokens, they can be traded for goods and services. You can think of them as casino chips or arcade chips. You can use your real currency to buy cryptocurrency to make these transactions.

To verify transactions, cryptocurrencies use a state-of-the-art system known as blockchain. This decentralized technology is powered by many computers that are programmed to manage and record transactions. Security is the best thing about this technology.

2. What is the value of cryptocurrency?

There are over 10,000 types of cryptocurrency today. And they are traded all over the world, according to reports from CoinMarketCap. Currently, the value of all cryptocurrencies in the market is over 1.3 trillion dollars.

At the top of the list is Bitcoin. The value of all bitcoins is $599.6 billion, give or take.

3. Why are they so popular?

Cryptocurrencies are very attractive for a number of reasons. Below are some of the most common:

Some people believe that cryptocurrency is the currency of the future. Therefore, many of them invest their hard-earned money in the hope that the value of the cryptocurrency will rise in a few years.

Some people believe that this currency will be exempt from central bank regulations as these institutions reduce the value of money through inflation

Some proponents favor the technology that powers cryptocurrencies, which is blockchain. Basically, it is a decentralized recording and processing system that can offer a higher level of security than conventional payment systems.

Some speculators choose a cryptocurrency just because its value is increasing.

4. Is it a good investment?

According to most experts, the value of cryptocurrencies will continue to grow over time. However, some experts suggest that this is just speculation. Just like real currency, this type of currency has no cash flow. Therefore, if you want to win, someone has to pay a higher amount of money to buy the currency.

Unlike a well-run business that grows in value over time, cryptocurrency has no assets. But if a cryptocurrency remains stable for a long period of time, it will surely help you earn big profit.

In short, this was a basic introduction to cryptocurrency. We hope this article will help you become familiar with this new type of currency.

What is Bitcoin?

If you’re here, then you’ve heard of Bitcoin. It has been one of the most frequent news headlines in the last year or more – as a get-rich-quick scheme, the end of finance, the birth of a truly international currency, as the end of the world, or as technology that has improved the world. But what is Bitcoin?

In short, it can be said that Bitcoin is the first decentralized money system used for online transactions, but it will probably be useful to dig a little deeper.

We all know in general what “money” is and what it is used for. The most important problem seen with the use of money before Bitcoin was that it was centralized and controlled by one entity – the centralized banking system. Bitcoin was invented in 2008/2009 by an unknown creator who goes by the pseudonym “Satoshi Nakamoto” to bring decentralization of money on a global scale. The idea is that currency can be traded across international lines without hassles or fees, checks and balances will be distributed across the globe (not just on the ledgers of private corporations or governments), and money will become more democratic and equally accessible for everyone.

How did bitcoin start?

The concept of Bitcoin and cryptocurrency in general was started in 2009 by Satoshi, an unknown researcher. The reason for its invention was to solve the problem of centralization in the use of money that relied on banks and computers, a problem that many computer scientists were not happy about. Attempts to achieve decentralization have been made since the late 1990s without success, so when Satoshi published a paper in 2008 proposing a solution, it was widely applauded. Today, Bitcoin has become a familiar currency for Internet users and has given rise to thousands of “altcoins” (cryptocurrencies other than Bitcoin).

How is bitcoin made?

Bitcoin is made through a process called mining. Just as paper money is made by printing and gold is mined from the ground, Bitcoins are created by “mining”. Mining involves solving complex mathematical problems regarding blocks using computers and adding them to a public ledger. When it started, a simple CPU (like the one in your home computer) was all you needed to mine, but the difficulty level has increased significantly and now you’ll need specialized hardware, including a high-end graphics processing unit (GPU), to mine Bitcoin.

How do I invest?

First, you need to open an account on a trading platform and create a wallet; you can find some examples by Googling “bitcoin trading platform” – they usually have names including “coin” or “market”. After joining one of these platforms, click on assets and then click on crypto to select your desired currencies. There are many indicators in every platform that are quite important and you should make sure you monitor them before investing.

Just buy and hold

Although mining is the safest and in some ways the easiest way to earn bitcoins, there is too much effort involved, and the cost of electricity and specialized computer hardware makes it out of reach for most of us. To avoid all this, make it easy on yourself, directly enter the amount you want from your bank and click ‘buy’, then sit back and watch your investment grow as the price changes. This is called an exchange and is done on many exchange platforms available today, with the ability to trade between many different fiat currencies (USD, AUD, GBP, etc.) and different crypto coins (Bitcoin, Ethereum, Litecoin, etc.). n.).

Bitcoin trading

If you are familiar with stocks, bonds or Forex exchanges, then you will easily understand crypto trading. There are bitcoin brokers such as e-social trading, FXTM markets.com and many more to choose from. The platforms provide you with Bitcoin-Fiat or Fiat-Bitcoin currency pairs, for example BTC-USD means trading Bitcoin for US Dollars. Track price changes to find the perfect pair according to price changes; platforms provide price along with other indicators to give you relevant trading advice.

Bitcoin as a stock

There are also organizations created to allow you to buy shares in companies that invest in bitcoins – these companies do reverse trading, and you just invest in them and wait for your monthly income. These companies simply pool digital money from different investors and invest on their behalf.

Why should you invest in Bitcoin?

As you can see, investing in Bitcoin requires you to have some basic knowledge of the currency as explained above. As with all investments, there is risk involved! Whether to invest or not is entirely up to the individual. However, if I had to give advice, I would advise investing in Bitcoin for the reason that Bitcoin continues to grow – although there has been one significant boom and bust period, it is very likely that cryptocurrencies as a whole will continue to experience an increase in value in the next 10 years. Bitcoin is the biggest and best known of all the current cryptocurrencies, so it’s a good place to start and the safest bet right now. Although volatile in the short term, I suspect you will find that trading Bitcoin is more profitable than most other ventures.