Post
Topic
Board Beginners & Help
Re: Help me understand the cryptocurrency market
by
muddy waters
on 16/06/2018, 19:29:15 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

You have quite a good understanding of the whole idea.
I would add that blockchain technology itself can be used for various spheres of our live from gaming to law issues - its decentralization guarantees the safety of massive data blocks.