Cryptocurrencies represent a potentially thrilling and lucrative investment, but is it worth the risk? The recent acceptance of Bitcoin on Wall Street and the skyrocketing prices of upcoming cryptocurrencies are tempting to many newcomers. However, while investing in digital currencies can yield massive returns, you can also lose your investment. Therefore, before you invest your hard-earned money into digital currencies, you should consider the following factors. Besides, you can check out Dchained for more information about cryptocurrency investment. Understand the Value Proposition When you …
Category: Cryptocurrency
Many individuals are earning a lot of money with cryptocurrencies these days. However, substantial debate has been held on the use for profit of cryptocurrencies. This discussion is mostly focused on two key terms: ‘bitcoin’ and ‘blockchain.’ The strange element is that, despite the constant disputes and the fact that many people are earning money from it, they are still puzzled. Did you happen to notice that blockchain and also Bitcoin are not synonymous? If you’ve been using the phrases …
Ethereum 2.0 seems to have grabbed people’s attention the same way SegWit for Bitcoin Core did. Everyone from small-time investors and cryptocurrency enthusiasts to whales and blockchain developers is interested. It’s a major revamp and to call it anything less would be disrespectful. So, what’s it all about? Ethereum 2.0 is commonly abbreviated as Eth2. In a nutshell, Eth2 aims to speed up the Ethereum network even more while making it more scalable. These are structural and design-based changes in …
Bitcoin has literally taken the world by storm. When it was introduced to the world of cryptocurrency in early 2009, no one ever imagined that Bitcoin would become so valuable today. Many people were skeptical and afraid to invest or use digital currency. But more than a decade later, Bitcoin has proved to be one of the best investments. Those who took the risk early are now reaping the benefits. What is Cryptocurrency? Cryptocurrency is a method of payment used …
The potential in growth that the crypto industry has is as exciting as it is daunting. While the prospect of it becoming more mainstream is great, many are worried about how it will maintain stability. After all, cryptocurrencies are known for their volatility, so won’t all the turbulence from this innovation make it more fickle than it already is? This is where backed cryptos — stablecoins — come in. With an increase in popularity, there are an array of precious …