certify
Home arrow Article arrow Article Detail

Moving outside Bitcoin to the following crypto revolution in 2021

Profile Image

Vandana Mrigwani Follow

INDIA

Apr, 06 2021

Apr, 06 2021

likes | comments 0

Article Image

The histrionic rise in Bitcoin value has put cryptocurrency on the chart in the investment space. Meanwhile, its inception - not over a period ago, Bitcoin has exceeded great heights in terms of value. It is the major cryptocurrency with a $1 trillion economy. While Bitcoin is the major cryptocurrency, there are over 5000+ cryptocurrencies at this time in circulation, several of which are recorded on the CoinSwitch Kuber app. Though, most people are uninformed of these currencies. 

 

More than a few digital currencies have posted gaudier returns than BitcoinEthereum - the second-major cryptocurrency, has increased by 750% as of 2020, beating Bitcoin's 600% returns through the same period. Various such cryptocurrencies are now allocating the spotlight alongside bitcoin. Investors are starting to wonder, 'What is the following crypto revolution in 2021?' 

 

The Crypto Journey 

 

Cryptocurrencies are the latest class of assets presented in the investment landscape. While it was initially considered as a decentralised substitute to the traditional and centralized financial system, it has also changed to become a store of value. 

 

Whereas there was some mature form of digital currencies since the 1980s, people recognized cryptocurrencies finished the lens of BitcoinBitcoin was available as a whitepaper by an anonymous person/organization under Satoshi Nakamoto's false name in 2009. Its concept rapidly rose in acceptance and gained courtesy on a global scale. 

 

What to look for? 

 

Bitcoin has now obviously established itself as a respected asset. Investors are progressively on the viewpoint for something more important than Bitcoin. While it is mutual to consider the value and market styles to guess which the next big crypto is, price is not the only feature we require to focus on. As an alternative, investors need to look for functionality and supply of the digital currency. If a cryptocurrency is valuable, it will exceed any hindrance, endure and continue to grow. 


Source:

economictimes.indiatimes.com/markets/stocks/news/moving-beyond-bitcoin-to-the-next-crypto-revolution-in-2021/articleshow/81773999.cms



likes | comments 0

Profile Image

Vandana Mrigwani

CBW - External Analyst

INDIA

Comments
Data Centre Construction - World First artificial intelligence AI-Tech Utility Token
banner
Article
Nasdaq to Launch Crypto Custody Services by End of Q2

According to a story that was published on Friday by Bloomberg, Nasdaq (NDAQ) is planning to launch its cryptocurrency custody services by the end of the second quarter..;

Disclaimer: The information is for informational purposes only.​ This advertisement does not constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. None of the information and/or content available through this advertisement is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any company, financial product, security or commodity. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations prove to be inaccurate, incomplete or unreliable or result in any investment or other losses. In Making the investment decision, investors must rely on their own examination of the issuer and the terms of the offerings, including the merits and risks involved. Investments are speculative, illiquid, and involve a high degree of risk , including the possible loss of investment.