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Showing posts from June, 2022

Five key points to consider before investing in Cryptocurrency

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  01) Conduct due diligence on principals and study on white papers   It is vital to make any investment on crypto-currencies only after a proper due diligence and a study. While some people argue that crypto-currency is a gambling rather than an investment, others make genuine crypto-currency transactions considering the perceived value and the empirical utility of such digital currencies. Proper study on the related white paper is crucial before making any investment in crypto as this will avoid any misguidance from the community. All legitimate coins will have a white paper which is a detailed outline of principals, purpose and the technology of each coin and it will help you to determine whether you should or should not proceed with the particular crypto investment. 02) Create a proper strategy for crypto trading   Separating genuine crypto-currency recommendations from scams is not as easy as it seems. According to the recent statistics, scams relating to crypt...

10 Most Popular Cryptocurrencies In 2022

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Thousands of various types of crypto—currencies, most with little value and unclear potential exist in the today’s business world. As such most of the investors tend to stick to Bitcoin and Ethereum for better outcome. Depicted below the top 10 Cryptocurrencies in the world in 2022 based on the market capitalization, or the total value of all of the coins currently in circulation.   01) Bitcoin (BTC)                                       Bitcoin remains the most widely traded and covered crypto currency in present business context. It was introduced to the world in 2008 by Satoshi Nakamoto through a white paper and made available to the public in 2009. As with most crypto-currencies, Bitcoins runs on a block chain and the related technology has made it secure and safe from frauds. Market cap -Over £ 474bn Bitcoin has become a household name as of today while its value has an upward t...

The rise of Crypto currencies and the Banking industry

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What is Crypto Currency?? Crypto Currency is a digital means of exchange which uses cryptography as the mode of security, by which makes it nearly impossible to counterfeit or double-spend. Many crypto currencies are decentralized networks based on ‘blockchain’ technology and enables secure online payments without the involvement of third party intermediaries. However, as experts believe the ‘blockchain’ and related technology is likely to disrupt many industries such as finance and law. Despite many arguments, the development of crypto currencies has gradually evolved over a period of one decade& has been increasingly popular among young investors due to its value & the convenience.   In consideration of types of crypto currencies, Bitcoin remains the most widely traded and covered crypto currency in present business context. It was introduced to the world in 2008 by Satoshi Nakamoto through a white paper and made available to the public in 2009 . The crypto currenc...