Crypto Basics

The crypto market has been sideways mostly and has had another dip. Some people are panicking and wondering what to do. Especially, since it has been heading back upward. It is interesting to see how people react when dips happen. Here some things to think about if you see the market go down. 1.) Hopefully, you are investing money that you can afford to lose. So, you can "detach" a bit from the ups and downs of the marketplace. Look at it as,”If I hold this may go up and do well but if it does not, I’ll still live, so why not wait and see because it could pay off exponentially.” 2.)

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The first bitcoin transaction was for two pizzas back in 2010. Today, you can use cryptocurrency to buy a car, an online dating membership or anything for sale at the retailer Overstock.com. As cryptocurrency emerges as a viable method of payment for all types of services and goods, three cryptos — Bitcoin, Ethereum and Litecoin — are earning solidly reliable reputations. You can buy any of the three with Coinbase or another digital currency app. So, other than the price, what’s the difference? Bitcoin Say the word "cryptocurrency" and most people immediately think

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With the value of Bitcoin having soared by nearly 2,000 percent over the course of 2017, cryptocurrencies are receiving more public attention than ever before. However, the story doesn’t end with Bitcoin. Despite the fact that most receive little or no attention compared to Bitcoin, there are over 1,000 different cryptocurrencies in the digital marketplace at the moment. The question is whether or not these alternative cryptocurrencies, collectively known as "altcoins," have investment potential of their own. Though many altcoins are unlikely to serve as good investments, there

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If you’re new to cryptocurrency, you’ve discovered it’s unlike traditional banking. Bitcoin, Ethereum, Litecoin and other currencies exist on a decentralized, open network called a blockchain. You may be thinking that all you have to do is buy some coin through whatever means are available and the blockchain will take care of the rest. Sadly, that’s not always the case. While the technology behind blockchain makes it quite secure, that security does not extend to the means you use to interact with the network. The good news is that it’s pretty easy to get your currency

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When people initially invested in bitcoin, it was hard to foretell just how big the cryptocurrency would become. In a little over seven years, this digital asset went from $0.06 per share to more than $17,000. The media has recently focused on bitcoin due to its meteoric rise in 2017, and their reports often wonder "what happens next?" There are a variety of potential outcomes, but these are the some of the most likely bitcoin scenarios and what they mean for investors. 1. The Bitcoin Bubble The big fear in the cryptocurrency market is that the bitcoin "bubble" will soon burst.

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