Best ICO of 2018 – This Cryptocurrency Will Disrupt Wall Street

As we begin to see the rise of cryptocurrency trading, more and more new digital assets are being built every day. The concept of this is absolutely brilliant, we are left with a big problem for many, they will find less and less real quality investment opportunities in the crypto market. It seems more and more public that only 15% of the major cryptocurrencies will retain a significant value over time.

The reality of the ICO is a new idea, but we need to see a big change unfold to offer the security seen with traditional investment tools. The fact that we are in a playing field where governments or authorities cannot regulate these digital assets opens the door to fraudsters and contrarians. This is the main problem with ICOs, even companies that may offer a legitimate product or service can end up wasting investors’ money and leaving token owners stuck with an asset that doesn’t really have any value. This is what the Dibbs ICO promises to solve along with many other promises, to change the state of the world through blockchain development.

Dibbs ICO is introducing to the public an erc20 token with some special features. These tokens are able to be sold to the issuer for payment in bitcoin or ether. This will be managed through smart contracts, which will increase the level of security for investors by providing a sure source for liquidating their holdings! The concept is simple and genius! The reason for this development is for Dibbs llc to demonstrate its ability to create digital assets that offer the same and certain benefits as traditional investments, but with higher returns, immediate liquidity and the ability to create new benefits that may be unique. to each token. Dibbs will manage the startup as they oversee companies looking to launch on their platform, ensuring that what is promised is delivered as we embark on the final phase of making the entire system autonomous.

With Dibbs token you are able to get a part of every offer that will be launched from this platform! That’s the added bonus behind the Dibbs token, it’s a no-brainer to see huge returns in the future. The point is that no other offer will ever come with such incredible benefits. With the release of am altcoin through an ICO, a portion of the total supply is set aside and also used to pay Dibbs company for its asset production service. In turn, these holdings are distributed to Dibbs token holders in proportion to their holdings.

All I have to say is wow! I’ve gone ahead and made this company a focal point for my partners in the financial sector, and it’s been well received by all. I have personally invested over $5,000 USD in this offering by buying tokens at presale prices. The ICO won’t start until September 2018, but if you join today you’ll benefit greatly by saving up to 200%.

To learn more about this company, check out their website at http://dibbs.co.

Dibbs Coin Offer – dibbs.co

Startups: Millions and Cryptocurrency – Blockchainerz

Startups are the backbone of the wider economy. Funding process for capital growth for new age ideas are the backdrop of growth platforms. This creates potential growth benefits for host businesses and populations.

So why do we think cryptocurrency is a viable solution for financing?

Startups are mostly innovation-driven companies whose ideas are meant to survive in the big leagues and remain applicable over a lifetime. Therefore, they need to get bigger and stay big in quick succession. For this, investors are essential to dive into and believe in the innovation they share with their spending power. Angel investors or Venture capitalists are the words that give and encourage in profitable stocks or returns, which are carried forward by companies with strict guidelines and policies.

Working together with investors to secure funding alternatives and capital growth is an incredibly challenging combination, with all the geographic competitiveness required by law. Finding an approach is an important factor in initial growth. With the presence of blockchain alternatives like Ethereum, they can earn and gain capital in the form of Initial Coin Offerings.

The unregulated method for funds is bundled with cryptocurrency venture. In an ICO campaign, a percentage of the currency is sold to the project’s first bankers in exchange for off-net currencies like Bitcoin. This method of trading digital tokens for fund raising is fundamental to how the entire system works without any government regulation or shareholder pressure hinting at core member company control.

This process allows the founding members to have majority control of the startup and not be swayed by the thoughts and processes of the investors. This negates the possibility that the company will not have to be dissolved due to misalignment and misalignment.

Escaping regulation is key to creating the technical background for organizational benefit and the initial coin offerings brought about by cryptocurrencies that collect arbitrary amounts of monetary benefits from anyone on the Internet; so a cryptocurrency wallet is the hedge they need to thrive. Pseudo-anonymity with technologies like Ethereum provides a decentralized blockchain that inhibits activity.

Without having to meet aggressive expansion requirements, ICOs bring freedom to ordinary people with the opportunity to invest in private companies.

Thus, Startups no longer need to navigate to a tech hub to secure funding. Crowdfunding platforms like Kickstarter and Indiegogo have opened up with obvious positives and negatives, taking risks and even protecting against security breaches.

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The ICO features of crowdfunding, for example, allow Indian investors to invest in revolutionary fishing techniques and growth opportunities in Indonesia and Africa without being bound and bound by their respective governance.

What is an ICO and how does it work?

ICO has proven to be a revolutionary way to raise money for many companies and projects. ICO can be said to be a mixture of conventional methods and advanced techniques. The main thing to consider here is that investors who invest in the ICO will be 100% risk-free due to the technology used.

So far, most ICO funds have been raised via Bitcoins (BTC) or Ether (ETH). During the ICO, the project creates a Bitcoin or Ethereum address to receive funds and then displays it on the corresponding web page. The procedure is like opening a bank account and then showing people on a certain web page to send money.

An initial coin offering (ICO) is basically an illegal way of raising crowdfunding through various cryptocurrencies (fiat currency in some cases) and cryptocurrency organizations operate to obtain the capital funds needed to run the project. In an ICO, a certain amount of newly issued cryptocurrency is sold to investors in exchange for any legal tender or any other cryptocurrency. It can be called token sale or crowd sale, taking the amount of investment from investors and offering some features related to the project to be launched.

IPO, or Initial Public Offering, is a process related to ICO, where investors receive shares owned by the company. While in the ICO, investors buy the company’s coins, which can increase in value if the business expands.

The first token sale, i.e. an ICO, was conducted by Mastercoin in July 2013. Ethereum raised money through an ICO in 2014. ICO has taken on a completely new definition in recent years. In May 2017, approx. 20 offers, and Brave’s latest ICO web crawler generated around $35 million in 30 seconds. As of the end of August 2017, there were 89 ICO coin sales totaling $1.1 billion since January 2017.

Investors send Bitcoin, Ethereum or any other cryptocurrency to the given address and then in return get new tokens that can benefit greatly if the project succeeds.

  • ICO is basically done for cryptocurrency based projects which are based on decentralized technique. So, naturally, such projects would only attract investors who have a strong interest in the concept of cryptocurrency and respect the technology used.
  • An investor’s document remains in the form of a web page, white paper or web publication. Some of these documents show specific details of the project, while others literally falsify its features to mislead interested parties. So before you trust any white paper or electronic document, it’s best to do a quality check.

What is an ICO in Cryptocurrency?

An ICO is a short initial coin offering. When they launch a new cryptocurrency or crypto-token, developers offer a limited number of units to investors in exchange for other major cryptocurrencies like Bitcoin or Ethereum.

ICOs are amazing tools to quickly rain development funds to support new cryptocurrencies. Tokens offered in an ICO can be sold and traded on cryptocurrency exchanges, assuming there is sufficient demand to do so.

Ethereum is one of the most notable ICO successes and the popularity of Initial Coin Offerings is growing as we speak.

A brief history of ICOs

Ripple is likely to be the first cryptocurrency distributed through an ICO. In early 2013, Ripple Labs began developing the Ripple payment system and created approximately 100 billion XRP tokens. These were sold through an ICO to fund the development of Ripple’s platform.

Mastercoin is another cryptocurrency that sold 1 million tokens in an ICO, also in 2013. Mastercoin aimed to tokenize Bitcoin transactions and implement smart contracts, creating a new layer on top of the existing Bitcoin code.

Of course, there are other cryptocurrencies that have been successfully funded through ICOs. In 2016, Lisk raised about $5 million in its Initial Coin Offering.

However, Ethereum’s ICO in 2014 is probably the most notable to date. During their ICO, the Ethereum Foundation sold ETH for 0.0005 Bitcoin, raising nearly $20 million. Harnessing the power of smart contracts, Ethereum paved the way for the next generation of initial coin offerings.

Ethereum’s ICO, a recipe for success

Ethereum’s smart contract system has established the ERC20 protocol standard, which sets the ground rules for creating other enforceable tokens that can be transacted on Ethereum’s blockchain. This allowed others to create their own tokens, complying with the ERC20 standard that can be traded directly with ETH on Ethereum’s network.

The DAO is a prominent example of the successful use of smart contracts on Ethereum. The investment company raised $100 million worth of ETH and investors received DAO tokens in exchange, allowing them to participate in the governance of the platform. Unfortunately, the DAO failed after being hacked.

Ethereum’s ICO and its ERC20 protocol have defined the latest generation of crowdfunding blockchain-based projects through Initial Coin Offerings.

It was also very easy to invest in other ERC20 tokens. You simply transfer the ETH, stick the contract in your wallet and the new tokens appear in your account for you to use as you wish.

Of course, not all cryptocurrencies have ERC20 tokens living on the Ethereum network, but almost any new blockchain-based project can launch an Initial Coin Offering.

Legal status of ICOs

It’s a bit of a jungle when it comes to the legality of ICOs. In theory, tokens are sold as digital goods, not financial assets. Most jurisdictions have yet to regulate ICOs, so assuming the founders have a seasoned lawyer on their team, the entire process should be paperless.

However, some jurisdictions have become aware of ICOs and are already regulating them similarly to the sale of stocks and securities.

In December 2017, the US Securities and Exchange Commission (SEC) classified ICO tokens as securities. In other words, the SEC was gearing up to stop ICOs that they consider misleading investors.

There are some cases where the token is just a utility token. This means that the owner can use it to access a particular network or protocol, in which case it may be defined as financial security. However, equity tokens that appreciate in value are quite close to the concept of security. In reality, most token purchases are made specifically for investment purposes.

Despite the efforts of regulators, ICOs remain in a gray legal area and until a clearer set of regulations is in place entrepreneurs will try to profit from Initial Coin Offerings.

It is also worth noting that once the regulations reach their final form, the costs and effort required to comply may make ICOs less attractive compared to traditional funding options.

Last words

For now, ICOs remain an amazing way to fund new crypto-related projects and have had multiple successes with more to come.

However, keep in mind that everyone is launching ICOs these days and many of these projects are either scams or lack the solid foundation they need to thrive and be worth the investment. This is why you should definitely do your due diligence and research the team and background of any crypto project you want to invest in. There are several websites that list ICOs, do a Google search and you will find a few options. .

Which cryptocurrencies are good to invest in?

The value of Bitcoin has soared this year, even surpassing an ounce of gold. There are also new cryptocurrencies in the market, which is even more amazing, which is worth more than a hundred billion cryptocurrencies. On the other hand, the longer-term cryptocurrency outlook is somewhat dim. There are conflicts over the lack of progress among the main developers, which makes it less attractive as a long-term investment and as a payment system.

Bitcoin

Still the most popular, Bitcoin is the cryptocurrency that started it all. It is currently the largest market cap at around $41 billion and has been for the past 8 years. Around the world, Bitcoin has been widely used and so far there is no easy to exploit weakness in the method it works. As both a payment system and a stored value, Bitcoin allows users to easily receive and send bitcoins. The blockchain concept is the foundation upon which Bitcoin is based. It is necessary to understand the concept of blockchain to know what cryptocurrencies are.

Simply put, blockchain is a distributed database that stores all transactions on the network as chunks of data called “blocks”. Every user has copies of the blockchain, so when Alice sends 1 bitcoin to Mark, every person on the network knows about it.

Litecoin

An alternative to Bitcoin, Litecoin attempts to solve many of the problems holding Bitcoin back. It is not as resilient as Ethereum, especially with the value derived from strong user adoption. It should be noted that Charlie Lee, ex-Googler leads Litecoin. He is also working on transparency with what he is doing with Litecoin and is quite active on Twitter.

Litecoin was second fiddle to Bitcoin for a long time, but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Litecoin then solved the Bitcoin problem by adopting Segregated Witness technology. This gave it the ability to lower transaction fees and do more. Decisively, however, Charlie Lee decided to focus his sole attention on Litecoin and even left Coinbase, where he was the Director of Engineering, solely for Litecoin. Therefore, the price of Litecoin rose in the last months, its strongest factor was that it could be a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, the superstar programmer came up with Ethereum, which can do everything Bitcoin can do. However, its purpose is primarily to be a platform for building decentralized applications. Blockchains are the differences between the two. Basically, Bitcoin’s blockchain records a type of contract that indicates whether funds have been transferred from one digital address to another. However, there is a lot of expansion with Ethereum because it has a more advanced scripting language and a more complex and wide range of applications.

Projects started to emerge on top of Ethereum when developers began to notice its better features. Through token crowd sales, some have even raised millions of dollars and this is an ongoing trend even today. The fact that you can build amazing things on the Ethereum platform is almost like the Internet itself. This caused the price to skyrocket, so if you bought a hundred dollars worth of Ethereum this year, it wouldn’t be worth nearly $3000.

monero

Monero aims to solve the problem of anonymous transactions. Although this currency was perceived as a method of money laundering, Monero aims to change that. Basically, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain where all transactions are public and recorded. With Bitcoin, anyone can see how and where money was moved. However, there is imperfect anonymity in Bitcoin. In contrast, Monero has an opaque transaction method rather than a transparent one. No one is really sold on this method, but since some people love privacy at any cost, Monero is here to stay.

Zcash

Unlike Monero, Zcash also aims to solve the problems faced by Bitcoin. The difference is that instead of being completely transparent, Monero is partially public in its blockchain style. Zcash also aims to solve the problem of anonymous transactions. After all, not all people love to show off how much money they’ve spent on Star Wars memorabilia. So the bottom line is that this type of cryptocoin really has an audience and demand, although it’s hard to say which privacy-conscious cryptocurrency will eventually come out on top of the pile.

Banco

Also known as “smart tokens”, Bancor is a new generation cryptocurrency standard that can hold more than one token in reserve. Basically, Bancor tries to make it easier to trade, manage and create tokens, increasing the level of liquidity and allowing for automated market pricing. At the moment, Bancor has a product on the frontend, including the creation of a wallet and a smart token. There are also features in the community such as statistics, profiles and discussions. In summary, Bancor’s protocol enables the discovery of an internal price and liquidity mechanism for smart contract tokens through an innovative reserve mechanism. Through the smart contract, you can instantly liquidate or buy one of Banco’s reserve tokens. With Bancor, you can easily create new cryptocoins. Now who wouldn’t want that?

EOS

Another competitor to Ethereum, EOS promises to solve Ethereum’s scaling problem through a set of more robust tools for running and building applications on the platform.

Tezos

An alternative to Ethereum, Tezos can be upgraded by consensus without too much effort. This new blockchain is decentralized in the sense that it is self-governing through the establishment of a true digital commonwealth. It facilitates a mathematical technique called formal verification and has features to increase the security of the most conscious and financial smart contract. It will definitely be a big investment in the coming months.

The verdict

It is extremely difficult to predict which Bitcoin on the list will become the next superstar. However, user adoption has always been a key success factor when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this and while there is a lot of early adopter support for all the cryptocurrencies on the list, some have yet to prove their staying power. However, these are the ones to invest in and watch out for in the coming months.

Best Bitcoin Trading Platforms

Cryptocurrency is not only the fastest way to transfer money, but it has also provided a new entity to trade and earn money apart from stocks and other commodities. While you can sell and buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue selling your cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure and is facilitated by many extended services for customers. Being a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is recommended that you look at the reviews of some before picking one up. Below is a brief review of the top Bitcoin exchanges around the world.

CoinBase: Probably one of the most famous and largest Bitcoin trading exchanges that trade dual facilities directly and via wallet. CoinBase was founded in 2012 through the venture discovery of Y-Combinator and has grown rapidly since then. It has many profitable services, such as multiple cash deposit and withdrawal options, money transfers between two CoinBases are instant, with multiple signature options for safer transfers, Bitcoin deposits are insured against any loss, etc. CoinBase has many payment partners. European and US, which allow transactions to be carried out through them. It has relatively low transaction fees and offers Bitcoin trading along with a large number of Altcoin trading.

CEX.IO: One of the oldest and most famous exchanges started in 2013, as a London Bitcoin Trading exchange and also as a cloud mining router. Later its mining capacity grew enormously, where it held almost half of the network’s mining capacity; however, it has now been closed. “CEX.IO” allows clients to expand their Bitcoin trades in larger amounts, and has the ability to make Bitcoin instantly available at the requested price. However, this exchange charges a high exchange rate, however, it compensates for the security and ease of allowing multi-currency transactions (dollars, euros and rubles) to buy Bitcoin.

Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum and Bitcoin, this exchange has better options like leverage, margin funding and multi-order trading. In addition to this, Bitfinex offers customizable GUI features, many order types such as limit, stop, trailing stop, market and more. This exchange also offers about 50 currency pairs that are tradable and with easy withdrawals for everyone. Bitfinex, one of the largest exchanges in terms of traded volume, offers pseudonymity only for transactions and some services that require identification. The only drawback of this exchange is that it does not support the purchase of Bitcoin or other altcoins through fiat transactions.

Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. The most respected, despite being the oldest, has never been under security threat until recently. Bitstamp supports four currencies: Bitcoin, Ethereum, Litecoin and Ripple and is also available with a mobile app in addition to the trading website. It has great support for European users or merchants with accounts in Euro banks. Security is advanced and cold storage type, meaning coins are stored offline. So you can say that it is not possible for any hacker to infiltrate. Finally, its complex user interface suggests that it is not for novice users but for professionals and offers relatively low transaction fees.

Kraken: One of the largest Bitcoin trading exchanges in terms of liquidity, Euro crypto trading volumes and Canadian dollar, USD and Yen trading figures. Kraken is the most respected exchange that has led the cryptocurrency trading whirlwind and has managed to keep its customer base safe regardless of other exchanges being hacked at the same time. With 14+ cryptocurrency trading facilities, the user can store fiat and cryptocurrency along with the similar ability to withdraw. However, it is not suitable for beginners, but it has better security features and low transaction fees compared to CoinBase. Kraken’s most important factor is that it is trusted by the community and was the first to display volumes and prices on the Bloomberg Terminal.

5 Tips to Consider Before Investing in Cryptocurrencies

Looking to invest your hard earned money in cryptocurrencies? If so, make sure you know you meet the criteria before making a final decision. Without considering the important factors, you can risk losing your money. There are many cryptocurrencies such as Blockchain or Bitcoin. In this guide, we will share with you some tips that you can follow before depositing your money. Read on to find out more.

1. Don’t invest too much

First, don’t invest any amount you can’t afford to lose along the way. In other words, it should be an amount of money that you do not need to meet your regular needs. If you lose your investment, your life should not suffer. It is not a good idea to take out a consumer loan to invest in cryptocurrencies.

2. Learn the subject first

Before making an investment, make sure you research the subject first. After all, there is no point in investing in something you have no idea about. For example, are you going to buy a house without looking around? Nobody will do that.

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

3. Diversify your investments

Another thing is to focus on diversification. In fact, this concept is important regardless of the type of field you want to do business in.

In other words, you may not want to put all your money into one business. For example, if you have 10 eggs, you may not want to put them all in one basket. Use two baskets instead. This way even if you drop one basket and break all the eggs, you will still have half the eggs in the second basket.

So what you need to do is invest your money in different businesses such as real estate and cryptocurrencies.

4. Transfers between exchanges

Make sure you use a good cryptocurrency platform. With the help of this platform, you can buy any of the popular cryptocurrencies like ETH and BTC. If you want to buy another currency, you need to transfer your currency to an exchange. On these exchanges, you can trade your currency pair without any hassle.

5. Do your research

As mentioned earlier, you may want to do your research before making a move. Investing based on the advice of a friend or family member is not a good idea. You can use different mediums for homework such as Google, Skype, Discord, Telegram, Twitter, discussion forums and white paper to name a few. It’s important to take your time before putting money into a project.

So make sure you follow these tips before investing your money in the cryptocurrency world. This way, you can avoid common mistakes that most investors make. Hope this helps.

Crypto Market Analysis

Cryptocurrency has been around for a long time and there are many articles and articles about Cryptocurrency basics. Cryptocurrencies have not only flourished, but have opened up as a new and reliable option for investors. The crypto market is still young, but it is mature enough to include the right amount of data for analysis and to predict trends. Although it is considered to be the most volatile market and a big bet as an investment, it is now predictable to a certain point and Bitcoin futures are proof of that. Many of the concepts of the stock market have been applied to the crypto market with some changes and modifications. This gives us another proof that many people are adopting the Cryptocurrency market every day, and today there are more than 500 million investors in it. While the total market capitalization of the crypto market is $286.14 billion, which is approximately 1/65th of the stock market at the time of writing, the potential of the market is very high considering its success, despite its age and the presence of already established financial markets. The reason behind this is only that people have started believing in the technology and products that back a crypto. This also means that crypto technology has proven itself and so many companies have agreed to put their assets in the form of crypto coins or tokens. The concept of cryptocurrency was successful with the success of Bitcoin. Bitcoin, once the only Cryptocurrency, now contributes only 37.6% of the entire Cryptocurrency market. The reason is the emergence of new Cryptocurrencies and the success of the projects that support them. This does not indicate that Bitcoin has failed, in fact the market capitalization of Bitcoin has increased, but what this indicates is that the crypto market as a whole has expanded.

These facts are enough to prove the success of Cryptocurrencies and their market. And in fact Crypto is now considered a safe investment in the market, to the extent that some people invest it for their retirement plan. So, what we need next is crypto market analysis tools. There are many such tools that allow you to analyze this market, similar to the stock market that offer similar metrics. Including coin market cap, coin chaser, cryptoz and investment. Although these metrics are simple, they provide crucial information about the crypto under consideration. For example, a high market cap indicates a strong project, a high 24-hour volume indicates high demand, and the circulating supply indicates the total number of coins of that crypto in circulation. Another important metric is the volatility of a crypto. Volatility is how much the price of a cryptocurrency changes. The crypto market is considered to be very volatile, cashing in at a moment’s notice can bring you huge profits or make you lose your hair. So what we are looking for is a crypto that is stable enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic are (not exactly) considered stable. Being stable, they must be strong enough to prevent them from becoming invalid or ceasing to be on the market. These features make it a reliable crypto, and the most reliable Cryptocurrencies are used as a form of liquidity.

When it comes to the crypto market, volatility comes hand in hand, but so does its most important property, which is Decentralization. The crypto market is decentralized, which means that a drop in the price of one crypto does not necessarily mean a downtrend for any other crypto. Thus giving an option as mutual funds are called. It is the concept of managing a portfolio of cryptocurrencies that you invest in. The idea is to spread your investments across multiple cryptocurrencies to reduce risk if any one cryptocurrency starts in a bear market.

Similar to this concept is the concept of Indices in the crypto market. Indices provide a standard reference point for the entire market. The idea is to choose the main currencies in the market and spread the investment between them. These selected cryptocurrencies change if the index is dynamic in nature and only consider the above currency. For example, if a currency “X” falls to the 11th position in the crypto market, the index considering the top 10 currencies would not take into account currency “X”, it would start taking into account the currency “Y” that took its place. Some providers like cci30 and crypto20 have tokenized these Crypto indices. While it may be a good Idea for some, others oppose it because there are some prerequisites for investing in these tokens, for example, a minimum investment is required. While others like Cryptoz provide the methodology and index value along with the currency components so that the investor is free to invest the amount they want and choose not to invest in a crypto that is included in an index. In this way, indices allow you to further smooth volatility and reduce risk.

Conclusion

The crypto market may seem dangerous at first glance and many may still be skeptical of its authenticity, but the maturity this market has achieved in the short period of its existence is amazing and proof enough of its authenticity. The biggest concern for investors is volatility, for which there has been a solution in the form of indices.

How to Trade Cryptocurrencies – The Basics of Investing in Digital Currencies

Whether it’s the idea of ​​cryptocurrencies themselves or the diversification of their portfolio, people from all walks of life are investing in digital currencies. If you’re new to the concept and wondering what’s going on, here are some basic concepts and considerations for investing in cryptocurrencies.

What cryptocurrencies are available and how do I buy them?

With a market cap of around $278 billion, Bitcoin is the most established cryptocurrency. Ethereum is second with a market cap of over $74 trillion. Besides these two currencies, there are other options including Ripple ($28B), Litecoin ($17B) and MIOTA ($13B).

Being the first to market, there are many exchanges for Bitcoin trading all over the world. BitStamp and Coinbase are two popular US-based exchanges. Bitcoin.de is an established European exchange. If you are interested in trading other digital currencies along with Bitcoin, then this is a crypto market where you will find all digital currencies in one place. Here is a list of exchanges by 24-hour trading volume.

What options do I have to save my money?

Another important consideration is the storage of coins. One option, of course, is to store them in the exchange you buy them from. However, you will need to be careful when choosing an exchange. Due to the popularity of digital currencies, many new and unknown exchanges have appeared everywhere. Take the time to do your due diligence so you can avoid scammers.

Another option you have with cryptocurrencies is that you can store them yourself. One of the safest options for storing your investment is hardware wallets. Companies like Ledger allow you to store Bitcoins and many other digital currencies.

What is the market like and how can I find out more about it?

The cryptocurrency market changes a lot. The volatile nature of the market makes it more suitable for long-term play.

There are many news sites that report on digital currencies, including Coindesk, Business Insider, Coin Telegraph, and Cryptocoin News. In addition to these sites, there are many Twitter accounts that tweet about digital currencies, including @BitcoinRTs and @AltCoinCalendar.

Digital currencies aim to disrupt the traditional currency and commodity markets. Although these currencies still have a long way to go, the success of Bitcoins and Ethereum have shown that there is real interest in the concept. Understanding the basics of cryptocurrency investing will help you move in the right direction.

What is Bitcoin and why is Cryptocurrency so popular?

Bitcoin has been a buzzword in the financial sphere. In fact, Bitcoin has exploded onto the scene in recent years and many people and large companies are jumping on the Bitcoin or cryptocurrency bandwagon wanting a piece of the action.

People completely new to the cryptocurrency space constantly ask this question; “What is Bitcoin Really?”

Well, for starters bitcoin is actually a digital currency that is outside the control of any federal government, it is used all over the world and can be used to buy your food, drinks, real estate, cars and other things.

Why is Bitcoin so important?

Bitcoin is immune to things like government control and fluctuations in foreign currency. Bitcoin protects the full faith of the individual (you) and is strictly peer-to-peer.

This means that anyone who transacts with Bitcoin, the first thing they realize is that using it is much cheaper than trying to send money from bank to bank or using any other service that requires sending and receiving money internationally.

For example, if I wanted to send money to, say, China or Japan, I would have to pay a bank fee and it would take hours or days for that fee to get there.

If I use Bitcoin, I can easily do it from my wallet or mobile phone or computer instantly without any of those fees. For example if I wanted to send gold and silver it would take a lot of guards, it would take a lot of time and a lot of money to move the bullion from one point to another. Bitcoin can do it again with the touch of a finger.

Why do people want to use Bitcoin?

The main reason is that Bitcoin is the answer to these destabilized governments and situations where money is not as valuable as it used to be. The money we have now; the paper currency in our wallets is worthless and will be worth even less a year from now.

We have also seen large companies showing interest in blockchain technology. A few weeks ago, a few Amazon customers were surveyed to see if they would be interested in using a cryptocurrency if created by Amazon. The results showed that many were interested. Starbucks also hinted at the use of a blockchain mobile app. Walmart has also applied for a patent for a “smart package” that will use blockchain technology to track and authenticate packages.

In our lifetime we have seen many changes from the way we shop, the way we watch movies, listen to music, read books, buy cars, look for houses, how we now spend money and how we bank. Cryptocurrency is here to stay. If you haven’t already, now is the time for anyone to fully explore cryptocurrency and learn how to take advantage of this trend that will continue to grow over time.