CRYPTOCURRENCIES ARE THE NEW ASSET! CRYPTOCURRENCIES ARE ON PEAK ! CRYPTO-BILL! CRYPTO IN INDIA! AND WHAT NOT.
A LOT OF US MIGHT WONDER , WHY HAS THE CRYPTOCURRENCY BECOME A BIG HIT and WHAT IS IT ??
CRYPTOCURRENCIES ARE DIGITALISED AND DECENTRALISED ASSETS. THE TRANSACTIONS THAT ARE MADE ARE HIGHLY SECURED. THEY WORK ON BLOCKCHAIN TECHNOLOGY. THAT IS A PUBLIC LEDGER. ALL THE TRANSACTIONS ARE STORED IN CHRONOLOGICAL ORDER. THE GOVERNMENT HAS NO CONTROL OVER THE TRANSACTIONS, THUS A LOT OF COUNTRIES HAVE BANNED CRYPTOCURRENCIES OR THEIR STATUS IS LEFT UNCLEARED.
BITCOIN THE THE MOST SYNONYMOUS CRYPTOCURRENCY BUT SINCE LAST 6 MONTHS EVEN ETHEREUM AND DOGECOIN HAVE GAINED POPULARITY.
IT WORKS JUST LIKE TEH STOCK MARKET, THE PRICES RISE AND FALL. STOCK MARKETS HAVE BANKS IN BETWEEN FOR TRANSATION BUT CRYPTOCURRENCIES HAVE THEIR OWN BASE.
INVESTMENT IN CRYPTOCURRENCY IS ADOPTED BY A LOT OF PEOPLE. BUT DUE TO UNCERTAINITY OF DROP IN PRICE SOME RESIST INVESTING IN IT.
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