TOP 7 QUESTIONS & ANSWERS About CRYPTOCURRENCY INVESTING You Should Know



hello everyone and welcome to our channel top seven questions and answers about cryptocurrency invest and you should know in this video if you'd spend just over one dollar to buy 33 bitcoins in tiny ten you'd be a millionaire right now this is the question that's foremost on everyone's mind why didn't I see this coming what are the bygones be bygones and focus on your attention on the questions you should be asking yourself right now as the cryptocurrency market has altered and matured immensely since it took off at the start of the decade what was once an environment of people simply making casual investments in a property that showed no signs of profit has now turning to a gym is titled free-for-all that is only growing by the day how did practices that without getting wept carried and sank back with your tails between your legs in western increased occurrence in now is a foreign more daunting prospect than it was one people only invested in it for the novelty technology has changed Ninian use cases have arrived some governments have authorizes usage and most importantly there is a lively opposites and for cryptocurrencies and users with the former numbering in thousand and the letter in millions yet you will have to move downstream insane point it is better to do it now than later when the water turns Rafa you will need to be prepared before you invest in a wily unpredictable yet inevitably arriving economy future that is what we are here to help you with ask yourself these some questions before you join the creature currency trade will blockchain see wide scale commercial and government adoption the question here is know if but when the benefits of cryptocurrency are simply Forex you tangible for each to be ignored long security democratization large transaction fees global coverage those goes on with standing between a worldwide Renaissance and today's card economic system is the hesitancy on the part of governments and disagreements between various formal institutions on how to incorporate it this understandable given that unregulated currency often find itself in criminal hands however the dominoes are already toppling as numerous countries have either proof cryptocurrency as legal tender or are expected to do so there are also certain cryptocurrencies that benefit and other financial institutions directly another obstacle here is a lack of geniune use cases for trips to currency this too is changing as Microsoft nuoc and numerous stores across the world are beginning to accept it as a form of payment it's still early days but as different cryptocurrencies with different use cases in technology appear and his governments get down to creating legal frameworks for it blockchain will see rapid adoption in multiple industries the markets blockchain well Lee why in that's done this is the nature of the creeps are going to market and speaking frankly it isn't for the faint of heart you should know that the news of bubbles that you have been hearing lately are not to investment the doc Tom and the famous tele bubbles are no different there are two reasons why there is so much fur being generated about treats occurring to know yes Bitcoin may indeed bean bubble what has caused to rise in value so quickly is the fact that is so much simpler to invest in Bitcoin now in a day and age where technology gives so much power than it was back in the 19th for the stock market it is just as more people know about it and it's easier to begin investing secondly word spreads fast in the age of Twitter in psychology is an important factor in investing a look at bitcoins price chart is a look at a particularly irregular mountain line yes prices dropped many hundreds even thousands in a matter of hours unfortunately one investment is so open and easy that is accepted how government's react to cryptocurrencies these may be cryptocurrencies biggest obstacle governments have ultimate power when it comes to deciding how the world operates of course and they don't like it when that power is taken away from them economy is the major aspect of government and blockchain has the potential to completely disruptive however did you make a few good points about the reigning in of cryptocurrencies digital currency has long been a haven for criminal activity and there have been more than a few shady i ciose the good news is that some countries have already recognized Bitcoin as legal tender and other countries are working to do so however the general consensus is that it will eventually be recognized by most countries by the meter or late 2010 this will be due to the fact that cryptocurrencies have enormous world changed in power and the governments will have no choice but to bag the will of the people is it safe this one is up in the air yes it is more or less safe in fact you couldn't say that it is an unless saved in credit cards or traditional forms of money printed currency developers are constantly making security improvement to their block chains in the same way the banks have improved their security system over the decades so will block chains it is still early days however in developers are learning can miners take over how the main coins yes this is in famous 51 percent code if you don't know miners are those actually carry out the computational activities to solve the mathematical problems that create the next block on the blockchain in theory it is possible for miners to do so and block new transactions from being carried out in such a scenario they can read all over the rewards of mining and block others users activity well these has happened before it is unlikely outcome some cryptocurrencies like Z coin use different algorithms to prevent minors from ever having so much power others are investigating different methods to prevent this from happening you needn't worry too much about this what are ICS and are these kami initial coin offerings are when companies initially offer their coins to the public the funds they receive from these for used capital to run their business it is not very much different from IPOs it's quite obvious though it's quite obvious though that these can be used as an incredibly shady tactic to get money in fact there has been some regulation in the USA about celebrities endorsing icos given how prone to thought they are there are some who are clearly writing scam but it's your job as an investor to do do research just as you would if some company ran an IPO tomorrow look at the technology behind the currency analysed their work and their goals do a background check on the team and think for Salva that their currency is going to make it or not are there any real users to creeps occurrences bingo this is where it creeps the currency really shines and is robably one of the significant growth drivers there is a vast range of Prieta currencies running decentralized application platforms that allow individuals and businesses the result work for his some said purpose the tokens that keep this economy going are the cryptocurrencies themselves take for example golem Network they offer users cryptocurrencies for providing their computer resources to the anyone on the network essentially we are building a pure base supercomputer trust coin does the same but with the pockets on arrow as si si and can help people finance their lives our world seems to be moving into an economy where money is not defined by region but it's used case the potential for uses of cryptocurrencies are limitless and there isn't a day that goes by that a company hasn't discouraged truly compelling peace free this guy is budget the beginning in the quest understand cryptocurrencies and profit from it we recommand diving headfirst into websites blogs and forums you will slowly pick up the pace and be able to tell technological difference like a pro learned in vast profit and repeat thank you for watching this video and don't forget to click the subscribe button obviously a really good day goodbye

36 thoughts on “TOP 7 QUESTIONS & ANSWERS About CRYPTOCURRENCY INVESTING You Should Know”

  1. Great video … cryptocurrencies are taking a lot of importance … Thanks for the information good. the best video

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  5. I had a lot of scares and blind places about cryptocurrency investing in the past but after watching this video, I found answers to many questions, thanks for sharing.

  6. Digital money is here to stay, and this video helps clarify concepts related to cryptocurrency. Obviously, when something comes to light, there is skepticism but today many people regret not having bought when digital currencies were cheap. But in a short time, digital money will supplant paper.

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