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Cryptocurrency for Beginners: 7 Questions to Ask

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Cryptocurrency, also known as virtual currency or digital currency, took the world by lightning storm in 2017.

Like real currencies, cryptocurrencies allow their owners to buy goods and services. However, much of the interest so far in these unregulated currencies is to trade them for profit, with speculators driving prices skyward.

More speculators seem to be piling in every day. In 2017, according to Business Insider, new cryptocurrencies raised more than $3.5 billion in initial coin offerings. An ICO is a type of fundraising similar to the initial public offerings of stock, in which the public is allowed to buy coins in the offering. Things only got hotter as 2017 progressed, and the ICO market remains red hot in 2018.

Here are seven...

Continue reading on www.nerdwallet.com

Topics:

Investing

Source:

www.nerdwallet.com
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A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. @deal up

This was a great article to read!

Anna Holenova
Anna Holenova

To be totally honest with you I would just recommend any beginner to start by getting a cloud mining contract from genesis and finding a dececnt discount coupon like https://cloudminingpro.net/genesis-mining/ here to make your initial profit somewhat bigger. Contracts are easy to maintain and it does not require you to spend enormous amounts of money on GPU cards.

To begin with I would recommend visiting https://emercoin.com/en. It's an easily accessible way to get involved in the blockchain and cryptocurrency world. With its features, safety and reliability users can achieve and understand a lot.


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