Theoretically, there are no limits, although in practice, the uses aren’t as ample as hoped. The potential is enormous; however, referring to cryptocurrencies today, experts speak more about where they can arrive than what they really are.
Bitcoin is the most used cryptocurrency and is already used as a means of payment for thousands of online transactions, while other cryptocurrencies are dealing with winning the legitimacy battle, because a currency used by very few is not a currency.
How can you obtain a Bitcoin? Two options: the first and very expensive one is to become a “miner”, which implies a huge investment in state-of-the-art computers that are capable of applying the mining of data, “to create” a bitcoin; the other option is to buy a Bitcoin from another person employing conventional money, usually through sites specialized in exchanging Bitcoins, like Coinbase or Bitfinex.
Do you want to invest in cryptocurrencies?
We offer you the weekly portfolio CryptoFIB30, in a PDF format. A portfolio of cryptocurrencies with high earning prospects, suggested by our staff (the dates and purchase prices for the reported crypotos in addition to operative signals - when to sell or keep - are indicated).
Bitcoin Future: for those who prefer, instead, to follow the derivative, Bitcoin Future is analyzed, quoted on the CME, with the indication of important levels and operative targets of purchase/sale with a weekly perspective.Pay
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.