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Cryptocurrency Regulation: Striking a Balance Betw
Cryptocurrency Regulation: Striking a Balance Betw
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Guest
Guest
Jun 28, 2023
3:11 AM
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The initial cryptocurrency which makes the existence was Bitcoin which was built on Blockchain technology and probably it was launched in 2009 by a mystical person Satoshi Nakamoto. During the time writing this blog, 17 million bitcoin have been mined and it's thought that total 21 million bitcoin could possibly be mined. The other most widely used cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.It is advised to users never to put all profit one cryptocurrency and avoid investing at the peak of cryptocurrency bubble. It's been observed that price has been suddenly dropped down if it is on the peak of the crypto bubble. Considering that the cryptocurrency is a volatile market so users must invest the amount which they are able to afford to lose as there's no control of any government on cryptocurrency as it is a decentralized cryptocurrency.
Steve Wozniak, Co-founder of Apple predicted that Bitcoin is really a real gold and it'll dominate most of the currencies like USD, EUR, INR, and ASD in future and become global currency in coming years.Bitcoin was the first cryptocurrency which arrived to existence and thereafter around 1600+ cryptocurrencies has been launched with some unique feature for every single coin.Some of the reasons which I have noticed and would like to share, cryptocurrencies have been created on the decentralized platform - so users don't require an alternative party to transfer cryptocurrency from destination to a different one, unlike fiat currency where a consumer need a platform like Bank to transfer money in one account to another. Cryptocurrency built on a very safe blockchain technology and almost nil chance to hack and steal your cryptocurrencies before you don't share your some critical information.
You need to always avoid buying cryptocurrencies at the high point of cryptocurrency-bubble. Most of us buy the cryptocurrencies at the peak in the hope to make quick money and fall victim to the hype of bubble and lose their money. It is way better for users to complete lots of research before investing the money. It is definitely good to put your money in multiple cryptocurrencies instead of just one because it has been pointed out that few cryptocurrencies grow more, some average if other cryptocurrencies go in the red zone Bitget sign up .
Wealthy rewards usually entail good risks, and exactly the same holds true with the highly volatile cryptocurrency market. The uncertainties in 2020 globally resulted in a heightened interest of masses and big institutional investors in trading cryptocurrencies, a new-age advantage class. Increasing digitization, flexible regulatory structure, and supreme court lifting ban on banks working with crypto-based companies have left investments greater than 10 million Indians within the last few year.
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zubair
1207 posts
Jun 28, 2023
3:46 AM
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OKBET
202 posts
Jun 28, 2023
11:18 PM
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