These are the controls of the financial markets. Investing in cryptocurrencies is being willing to lose the money you are betting on, it is a bitter truth. The value of virtual currencies fluctuates a lot, and can decline from year to year.
However, if you want to invest in cryptocurrencies in the long or short term, turning to market leaders will be less risky. Title, Impossible to Miss B itcoin (BTC), the first cryptocurrency to appear.
As a cryptocurrency, Bitcoin has already proven to be robust, and that its value should rise mechanically in the coming months. In fact, since its inception, 21 million Bitcoins have been planned, nothing more, nothing less. But, every four years, Bitcoin production – called mining – is reduced by half! Inevitably, this leads to a difference between perpetual demand and diminishing supply, thus assessing Bitcoin’s value.
New news: May 2020 shows that the new reduction in monetary creation of Bitcoin, which is called halving. Two previous changes were already made in 2012 and 2016, which resulted in a major reassessment of this active encryption. Can history bring the ball back on again?
In its wake is E thereum (ETH). After a very volatile 2019, the Ethereum blockchain technology for this active cryptocurrency has enabled the creation of decentralized finance: the financial products of the future are innovating by relying on their system, which drives this cryptocurrency into the market. The underlying asset platform. Can the prince depose the king?