Important: This position should not be considered as an investment council. The author focuses on the best coins in terms of actual use and adoption, not from a financial or investment perspective.

In 2017, cryptographic markets set the new standard for simple profits. Almost every piece or chip made incredible returns. “A rising tide throws all the boats,” as they say, and the end of 2017 was a deluge. The increase in prices has created a positive feedback cycle, which is attracting more and more capital into Crypto. Unfortunately, but inevitably, this galloping market is leading to a massive investment. Money has been thrown indiscriminately in all kinds of dubious projects, many of which will not bear fruit.

In the current bearish environment, hype and greed are replaced by a critical assessment and prudence. Especially for those who have lost money, marketing promises, endless shillings, and charismatic oratorios are no longer sufficient. Well, basic reasons to buy or hold a coin are Paramount once again.

Fundamental factors in the evaluation of a cryptocurrency-

There are some factors that tend to conquer the hype and price pumps, at least in the long term:

Adoption Angle

Although the technology of a cryptocurrency or ICO business plan may seem surprising without users, they are just dead projects. It is often forgotten that widespread acceptance is an essential feature of money. In fact, it is estimated that over 90% of the value of Bitcoin is a function of the number of users.

While the … Read more

Rhinophobia is an investor’s disease: the dread of having any cash. The rhinophobic feels that all of his or her ”stock money” must be fully invested at all times.

Let’s say you are an individual investor and have settled on an asset allocation of 60% stocks, 40% bonds. So if your total investable money is $100,000, then $60,000 is your ”stock money.”

Question: Should all of your stock money always be invested in stocks? If you answer ”Yes,” you have rhinophobia and should see a doctor. Or just read the rest of this article. Because the better answer-more likely to keep you financially healthy-is ”No.”

It is an unfortunate myth in the stock-investment industry-including many pundits and mutual funds-that the smartest investors are fully invested at all times. In other words, they invest cash as soon as they get their hands on it, ”never sell,” and if they do sell, they reinvest the proceeds immediately. This myth is obviously a corollary of a dogmatic Buy-and-Hold ideology.

The reason that the myth is unfortunate is that it causes people to lose money. It is the reason why so many investors who were fully invested when the market peaked in early 2000 stayed fully invested as the market went all the down over the next three years, rather than getting out until the crash stopped. It’s also why many of them will stay fully invested the next time a bubble pops or a bear market claws them up.

Even those perceived to … Read more

Do you want to invest your hard-earned money in cryptocurrency? If so, make sure you know you meet the criteria prior to making the final decision. Without considering important factors, you might risk losing your money. There are a lot of cryptocurrencies out there, such as Blockchain or Bitcoin. In this guide, we are going to share with you a few tips that you can follow before you deposit your money. Read on to know more.

1. Don’t Invest too Much

First of all, don’t invest an amount that you can’t afford to lose down the road. In other words, it should be an amount of money that you don’t need to meet your routine needs. In case you lose your investment, your life shouldn’t be affected. It’s not a good idea to take a consumer loan in order to invest in cryptocurrency.

2. Study the Subject First

Before you make an investment, make sure you study the subject first. After all, it’s not a wise move to invest in something you have no idea about. For instance, will you buy a house without taking a look at it from all sides? No one will do that.

However, that doesn’t mean you have to become an expert prior to making this investment. What you need to do is understand the general terms related to the industry.

3. Diversify your Investments

Another thing is to focus on diversification. As a matter of fact, this concept matters regardless of the type of … Read more

Cryptocurrency is a type of digital currency that you can use in order to purchase goods and services. For secured transactions, cryptocurrencies depend on an extremely complex online ledger. Millions of people from across the globe have been investing in these unregulated currencies in order to make a profit. Of all these popular cryptocurrencies, Bitcoin is on top of the list. In this article, we are going to get a deeper inside into cryptocurrency. Read on to find out more.

1. What is Cryptocurrency?

Basically, you can pay through cryptocurrency in order to purchase goods or services on the internet. Today, several companies have released their own cryptocurrency. Known as tokens, they can be traded for goods and services. You can think of them as casino chips or arcade tokens. You can use your real currency in order to purchase cryptocurrency to make these transactions.

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

2. What is the Worth of Cryptocurrency?

Today, there are over 10,000 types of cryptocurrency out there. And they are traded worldwide, according to reports from CoinMarketCap. As of now, the value of all of the cryptocurrencies out there is over 1.3 trillion dollars.

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

3. Why are … Read more

Put simply, cryptocurrency is digital money, which is designed in a way that it is secure and anonymous in some instances. It is closely associated with internet that makes use of cryptography, which is basically a process where legible information is converted into a code that cannot be cracked so as to tack all the transfers and purchases made.

Cryptography has a history dating back to the World War II, when there was a need to communicate in the most secure manner. Since that time, an evolution of the same has occurred and it has become digitalized today where different elements of computer science and mathematical theory are being utilized for purposes of securing communications, money and information online.

The first cryptocurrency

The very first cryptocurrency was introduced in the year 2009 and is still well known all over the world. Many more cryptocurrencies have since been introduced over the past few years and today you can find so many available over the internet.

How they work

This kind of digital currency makes use of technology that is decentralized so as to allow the different users to make payments that are secure and also, to store money without necessarily using a name or even going through a financial institution. They are mainly run on a blockchain. A blockchain is a public ledger that is distributed publicly.

The cryptocurrency units are usually created using a process that is referred to as mining. This usually involves the use of a computer power. … Read more

Questions have arisen unto whether bitcoin is turning into a multilayered system. Well, the answer is yes. This article seeks to outline the various layers onto which bitcoin lies on. It’s all yours!

Have you heard of those who refer to bitcoin as digital gold? Clearly, the crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations amongst investors but the coin is nevertheless a ”digital gold”. And to the question of whether bitcoin is a multilayered system, it should be known that bitcoin exists on two main layers. These are the mining and the semantic layers.

The mining layer

This is the layer in which the coin is created. Besides bitcoins, ether is also created in this layer. After creation of the coins, valid blocks of bitcoins are transferred to the ledger. Here, currency generation is done. It should be noted that the currency is generated from transactions which are contained in the blocks of bitcoins. The blocks are known as transaction fees. The currency can also be generated from the network itself, or you can say ”from the thin air”. The main advantage of generating currency from the network is that is provides incentives to the miners.

The Semantic Layer

This provides a very important platform. The semantic layer is the layer in which bitcoins are used … Read more