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Strategies To Invest In Cryptocurrency

Investing in cryptocurrencies comes with its own risks as well as rewards. Therefore, you need to invest strategically in order to maximize your return on investment and minimize your risks. There are specific strategies you need to adopt to ensure a successful cryptocurrency investment and building your portfolio. There are 5 strategies, which may come in handy for you especially if you are relatively new to the cryptocurrency realm. Understand the whole concept of cryptocurrency Spy on the market Invest in more than one coin Start small […]

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The Types of Cryptocurrency

There are over 800 cryptocurrencies, but we will only discuss the top 5 prominent currencies in the market. The 5 cryptocurrencies are Bitcoin, Ethereum, Litecoin, Monero and Ripple. For this report, we are going to cover only two of the Cryptocurrency – Bitcoin and Ethereum. This is the first ever cryptocurrency invented and remains by far the most sought after cryptocurrency to date. Bitcoin is known as the digital gold standard in the cryptocurrency network. As explained in the previous module, Bitcoin is the pioneer of Blockchain […]

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Why Cryptocurrency Investment?

The reason why cryptocurrencies are such in demand right now is because Satoshi Nakamoto successfully found a way to build decentralized digital cash system. What is a decentralized cash system? A decentralized system means the network is powered by its users without having any third party, central authority or middleman controlling it. Neither the central bank, nor the government has power over this system. The problem with a centralized network in a payment system is the so called “double spending”. Double spending happens when one entity spends […]

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Automated Cryptocurrency Trading With A Bot

Since cryptocurrency is getting more and more popular, many people switch from Forex to Altcoin trading. Due to this phenomenon, we notice that many exchanges to trade cryptocurrency are penning their doors. There is hardly a week without the announcement of a new Altcoin exchange. As it is, some are better, some are worse. One of the biggest is Poloniex. If you have observed the cryptocurrency market, you sure have noticed that. The most traded coin at the moment is ETH (Ethereum) which has a 24 hour […]

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