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Cryptocurrency Investment: Everything You Need to Know
What Is Cryptocurrency Investment? Investment in cryptocurrencies is when you buy a certain amount of a specific digital asset with the intention of selling it for profit at a later date. You can also think of it as an investment into a certain digital asset that you plan to sell for profit. There are countless examples of individuals who made millions through investment into Bitcoin back in 2013. With the rise of technology and the development of cryptocurrencies, it is more possible than ever to make money through investment. In the following paragraphs, we will explore the best ways to invest in cryptocurrencies, including the best exchanges to buy and sell on, as well as investment strategies and risks to watch out for.
By Mohammed Tajik3 years ago in The Chain
Regulations needed after cryptocurrency CEO takes passwords to his grave
A high-stakes lawful show including digital currencies has been unfurling in a Canadian court as of late. The tricks that prompted the case nearly resist credulity, and they feature the requirement for new guidelines to all the more likely suit a monetary commercial center that incorporates virtual monetary forms.
By Sithum Chathumina3 years ago in The Chain
6 Tips for Investing in Cryptocurrency
1. Research, research, research Every investment has its individual risks and rewards, but cryptocurrencies make these things difficult to predict. Some tokens have proven to be profitable over time, but others have proven to be complete duds. Before you make any investments, you need to do your research. You should be aware of what the company does, how it makes money, who its competitors are, etc. If a company has been operating for several months or years, then it is worth considering. But if it’s a new ICO (initial coin offering) that’s taking place soon, it’s probably not a good idea to invest. There are many ICO scams out there, so it is important to do your research. If you are interested in ICOs, be sure to check out our ICO page for more information. You’ll find lots of helpful articles and tips on how to analyze ICOs. Our ICO reviews section is also a great place to start. We’ve reviewed lots of different ICOs and token sales. You can learn a lot by reading what we have to say about each one.
By Karon Shadow3 years ago in The Chain
DeFi .. is Set To Be The Profiteering Way That Cryptocurrencies Will Be Used
Our economy and services are now set up in a way that makes sense. Banks, insurance corporations, stock markets, and other financial institutions all have someone in charge, whether a person or a company. This person or company is in charge of regulating and using these solutions. This central economic system, or CeFi, has problems, such as fraud, corruption, and bad management.
By Estalontech3 years ago in The Chain
Futuristic NFT Marketplace: Top Trends to Be Aware in 2023
There is a promising future for every business after online mediums. Web and apps are emerging platforms. These make the business into the big marketplaces. Non-Fungible Token (NFT) marketplaces are the trendiest platforms where individual creations gain complete ownership and revenue value.
By juliet merrin3 years ago in The Chain
The Best Time To Invest In Bitcoin
Getting Bitcoin was a real pain, but now it’s much easier. With the help of new mobile and internet services, people can now buy cryptocurrencies quickly and from almost anywhere on the planet in just a few minutes. But most of the service providers who are easy to find charge unfairly high prices and cut corners.
By Estalontech3 years ago in The Chain
Why accountants of the future will need to speak blockchain and cryptocurrency if they want your money
In the event that you haven't proactively known about Bitcoin, you either haven't been focusing or you're a person who jumps through time and just landed in 2018. At this point, the vast majority of us will have known about Bitcoin and a few of us have even gotten on board with that fleeting trend, putting resources into cryptographic forms of money.
By Sithum Chathumina3 years ago in The Chain
Bitcoin Is In The Crosshairs Of The EU With The Energy Labeling Plan
Bitcoin, as well as all other virtual currencies based on the Proof-of-Work (PoW) technique, are now in the sights of the European Commission. This institution is currently preparing an energy labeling plan for crypto-currencies that could well upset the entire crypto-mining industry.
By Steve Ewane3 years ago in The Chain
Why accountants of the future will need to speak blockchain and cryptocurrency if they want your money
In the event that you haven't proactively known about Bitcoin, you either haven't been focusing or you're a person who jumps through time and just landed in 2018. At this point, the vast majority of us will have known about Bitcoin and a few of us have even gotten on board with that fleeting trend, putting resources into cryptographic forms of money.
By Sithum Chathumina3 years ago in The Chain
