Post
Topic
Board Beginners & Help
Re: Help me understand the cryptocurrency market
by
stayeduptolate
on 16/06/2018, 18:52:22 UTC
From my little knowledge. Cryptocurrencies are primarily used to buy and sell goods and services, though some newer cryptocurrencies also function to provide a set of rules or obligations for its holders.They possess no intrinsic value in that they are not redeemable for another commodity, such as gold. Unlike traditional currency, they are not issued by a central authority and are not considered legal tender.
I need help in understanding the crypto market and investment advice in order to  invest effectively  on bitcoin market

Crypto currency investment is very wise and sensitive investment and if we specifically talk about the bitcoin then it is very volatile crypto currency and even very sensitive investment . Millions are hoping that bitcoin is very sustainable and it will last for so many decades but in order to earn from bitcoin you need to be little bit wise because the holding and selling your currencies requires a time factor and the perfect timing can gives you very good profit.