Cryptocurrency is a mathematical framework free of human errors and politics. The whole idea takes banks and intermediary out of the frame saving the fat service fee in transactions. Relying on encryption technology, digital currency transfers value via the internet safe and sound. Though digital currency and blockchain are the most popular technologies, they are yet to be implemented by the broader population. Some controversies and hurdles in the path give the business owners concerns over adopting the digital currency. So, what does cryptocurrency has to offer? Is it suitable for your business? If so, how to get started? The digital currency comes with various advantages. The out of the box approach makes it a great deal to stand out in the marketplace. Not to mention the perks … [Read more...] about Should Your Business Work with Crypto?
By now, most of us know about Bitcoin and probably a few other popular cryptocurrencies in the world. For those who have interacted with digital coins, they already know how trading them is sensitive. It is necessary for you to have a secure portfolio with the capability to handle transactions and make a profit. Luckily, there are trading experts all over who are willing to guide you in the best way to handle your trading portfolio. As you gain experience in trading, the other major goal is to reduce all known risks that cryptocurrency trading experts face. Below are insights that you can follow to build a profitable portfolio. Do Some Research There are many reasons why you should conduct thorough research about cryptocurrency portfolios and how they work. As you open accounts, you … [Read more...] about How to Go About Building a Profitable Cryptocurrency Portfolio
This is a guest contribution by Nick Rojas The value of Bitcoin has been a hot topic of discussion in practically every serious financial publication since late 2017, when Bitcoin prices rose above $19,000 USD. However, the elation of many investors was tempered somewhat as Bitcoin prices fluctuated throughout the rest of the month—and at the time of this writing, BTC is down 21% from where it was no more than a day ago. Bitcoin is hardly the most volatile cryptocurrency on the market, either. In fact, many tokens demonstrate erratic behaviour in the marketplace, causing many investors to regard them with caution. Nobody can predict the behavior of a given token with 100% accuracy, which is why some people swear by investing in cryptos and others won’t touch them. However, it is … [Read more...] about Inside the Bitcoin economy: Explaining the volatility of cryptocurrency exchange rates