outletcryptomarket

 This year we can observe that cryptocurrencies tend to move up and down even by 15% of value on a daily basis. Such changes of price are known as a volatility. But what if... this is totally normal and sudden changes are one of the characteristics of the cryptocurrencies allowing you to make a good profits? First of all, the cryptocurrencies made it to the mainstream very recently, therefore all the news regarding them and rumors are "hot". After each statement of government officials about possibly regulating or banning the cryptocurrency market we observe huge price movements. Secondly the nature of cryptocurrencies is more like a "store of value" (like gold had been in the past) - many investors consider these as backup investment option to stocks, physical assets like gold and fiat (traditional) currencies. The speed of transfer has as well an influence upon volatility of the cryptocurrency. With the fastest ones, the transfer takes even just couple of seconds ...

 Everyone has heard how Bitcoin and other crypto currencies have made millionaires of those who bought as recently as a year ago. Gains of 1,000% or more are not just possible, they have been common place with many of these crypto currencies. Someone who bought Bitcoin in May 2016 at less than $500, would have had a gain of 1,400% in about 17 months. Then over the past few days, we saw Bitcoin lose almost $1,000, so to say these crypto currencies are volatile would be a massive understatement. Since the inception of Bitcoin in 2008, we at Trend News have been skeptical of crypto currencies' ability to survive, given that they present a very clear threat to governments who want to see and tax all transactions. But while we may still be cautious on the actual crypto currencies, we are very aware of the potential of the underlying technology that powers these electronic currencies. In fact, we believe that this technology will be a significant disruptor in how data is managed, and tha...