What is Cryptocurrency like dogecoin , bitcoin etc investing in cryptocurrency
Cryptocurrency
cryptocurrency |
Cryptocurrency is digital currency or you can also understand as a digital asset designead as a medium of exchange but wait the exchange is digitally example bitcoin ,dogecoin etc some people know bitcoin cryptocurrency as a altcoin as a alternative name . nowadays cryptocurrency is growing and getting popular day by day also number of crypto user are increasing daily in a hope of getting high profits
Some popular cryptocurrencies examples
1) Ethereum
2) bitcoin
3) Litecoin
4) Dogecoin
5) zCash
6) Dash
7) Ripple
8) Dash
and many more
How are cryptocurrencies created?
There are many Cryptocurrencies like Bitcoin , ethereum, litecoin and many more are they all are created through a process called mining. it is not that mining ore or gold, it involves super powerful computers to mine
Investing in cryptocurrency
first of all its important to Understand that cryptocurrency is not an investment like it is there in stock, it is much like investing in gold . There is no minimum amount to invest in cryptocurrency. you can invest accordingingly minimum of $2 to $5 and maximum there is approx no limit also investing in cryptocurrency depends various things like Your financial ability and also how much risk you take also how you manage risk plays a major role
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