Bitcoins - Virtual Currencies
On perspective of the authors Virtual currencies and Cryptocurrencies, together with Initial Coin Offerings have been an extremely hot topic for a couple of years now and authors thinks, that he was able to throw some light on the subject for you. It will be interesting to see how future Virtual Currencies pan out and the regulations become more and more strict. Let’s hope that the increased regulations are going to have a positive effect by flushing out scam Virtual Currencies.
In order to find your investment opportunity, it is important to know the main differences between each Virtual Currencies and Cryptocurrencies and the tokens (ICO’s) they offer. Initial Coin Offerings as a Virtual Currencies, including Bitcoin as Cryptocurrencies, spoken in this review, can offer other Cryptocurrencies, Tokenized Assets, Tokenized Platforms and Token-as-a-Share.
Depending on the archetype of the token, its value and purpose will be different. If a currency works in a very useful platform, its price will be for sure higher than a cryptocurrency that has similar attributes than another virtual coin or any other Virtual Currencies, asset.
As a summary to the whole Virtual Currencies and Cryptocurrencies investment, one can say it is tied to high risk and high reward, similar to the bitcoin. A Bitcoin high yield investment will always make some returns, but not always make full returns. Other Virtual Currencies on another hand can skyrocket and more than double your investment in just some minutes. Also, it can happen that you don’t even get a single ‘’Satoshi’’(other term of - Bitcoin - named after its creator) out of it.
In the end authors thinks that, everyone who decides to participate in a Virtual Currencies or Cryptocurrencies should do their research and practice caution for all the hacking, scamming and of course legal and regulatory reasons.
Cryptocurrency is not a niche for the selected few anymore. It is a multi-billion
industry where investors can make or lose significant amounts of money in a couple of weeks.
There is much potential in utilizing the blockchain technology for future projects. …
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