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Cryptocurrencies in news today
Cryptocurrency is in news for the last few months and the most attractive cryptocurrencies are, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). This is extremely hard to say which is better for you since they are not equal. They have their Pros and Cons and the investment should solely depend on your financial situation. It is a must to think before any investment in these cryptocurrencies and above all, it is also important to know if you need this type of investment as it is a high-risk matter. Moreover, we cannot predict if it is going to succeed in the long run. If you have made up…
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How hard are Investors facing issues in India for Cryptocurrencies?
Investors are keen about the investments in cryptocurrencies these days and in India, people rushing to invest in it like never before. Although it shows you big dreams, this could be dangerous too. As per blockchain data analysis, last April (2020), the investment in cryptocurrencies was $923 million, and this year it rises to $6.6 billion (Rs. 49,189 crores)! This might rise constantly as Indians are more attracted to cryptocurrencies these days. Due to the past Indian cryptocurrency market, this would be problematic. But Indians are celebrating this global investment without any stringent guidelines from the government. How popular is cryptocurrency in India? Back in April 2018, the central bank…
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Cryptocurrency in the market
A cryptocurrency is a form of payment that can be exchanged online for any goods and services you wish for. Blockchain technology is used in Cryptocurrencies. This blockchain is a decentralized technology spread across many computers to manage transaction records. The only appeal of this technology is its security. Owning or investing in some cryptocurrency can increase your financial investments with a risk management strategy. Since it is a digital currency, it can be used for transactions all around the world without having to pay the money. Not only this, but it can revolutionize the banking and finance sector as well. Buying and holding is the most common way of…
