investing in cryptocurrency...

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investing in cryptocurrency Introduction to Bitcoin investing in cryptocurrency Bitcoin has developed in the news the last couple of weeks, but many of people are still unacquainted with them. Could Bitcoin be the future of online currency? Case among the questions, frequently asked about Bitcoin. So how exactly does Bitcoin Work? Bitcoin is a kind of electronic currency (CryptoCurrency) that is autonomous from traditional banking and arrived to circulation in '09. According to some of the top online traders, Bitcoin is recognized as the best known digital currency that depends on computer networks to resolve complex mathematical problems, to be able to verify and record the facts of every transaction made. The Bitcoin exchange rate doesn't rely on the central bank and there is no single authority that governs the supply of CryptoCurrency. However, the Bitcoin price depends upon the level of confidence its users have, because the more major companies accept Bitcoin like a approach to payment, the greater successful Bitcoin will become. Benefits and Perils of Bitcoin One benefit of Bitcoin is its low inflation risk. Traditional currencies are afflicted by inflation and they have a tendency to lose their purchasing power every year, as governments continue to use quantative easing to stimulate the economy. Bitcoin doesn't suffer from low inflation, because Bitcoin mining is restricted to simply 21 million units. That means the release of new Bitcoins is reducing and also the full amount is going to be mined out within the next couple of decades. Experts have predicted that the last Bitcoin is going to be mined by 2050. Bitcoin has a safe of collapse unlike traditional currencies that rely on governments. When currencies collapse, it leads to hyperinflation or even the wipeout of one's savings in an instant. Bitcoin exchange rates are not regulated by any government and it is an electronic currency available worldwide. Bitcoin is simple to carry. A billion dollars in the Bitcoin could be stored on a memory stick and placed in one's pocket. It is that easy to move Bitcoins when compared with paper money. One disadvantage of Bitcoin is its untraceable nature, as Governments along with other organisations cannot trace the source of the funds and therefore can attract some unscrupulous individuals. How to earn money with Bitcoin Unlike other currencies, there are 3 ways to make money with Bitcoin, saving, trading and mining. Bitcoin could be traded on open markets, and that means you can buy Bitcoin low then sell them


high. The investment seeks daily investment results in altcoins. The fund invests in coins and tokens that MalairteBitcoin believes, in combination, should have similar daily return characteristics as two percent times (2%x) the daily return of the index. It is a float-adjusted, market capitalization weighted index of approximately 250 alternative operating coin/token companies selected through a process that factors in criteria such as liquidity, price, and volatility. Average yearly returns for the past 5 years have been in the 30%.


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