🐳 What is cryptocurrency?

Cryptocurrency (or “crypto”) is a digital currency used as an alternative payment method or as an investment. Cryptocurrencies get their name from the cryptographic techniques that enable people to buy, sell or trade them securely without the need for a controlling authority, such as a government or financial institutions.

For example, Bitcoin was developed primarily to be a form of payment that isn't controlled or distributed by a central bank.

🐳Why do people invest in cryptocurrencies?

People invest in cryptocurrencies for the same reason anyone invests in anything. They hope its value will rise, netting them a profit.

🐳 Is cryptocurrency a good investment?

Cryptocurrency is a relatively risky investment, no matter which way you slice it. Generally speaking, high-risk investments should make up a small part of your overall portfolio — one common guideline is no more than 10%. You may want to look first to shore up your retirement savings, pay off debt or invest in less-volatile funds made up of stocks and bonds.

“benefits of cryptocurrency*

🐳Transaction speed

🐳Transaction costs

🐳Accessibility

🐳Security

🐳Privacy

🐳Transparency

🐳Diversification

🐳Inflation protection

Benefits of crypto investment

🐳Quick Profit ,financial freedom and work freely when you want

Bad effects of cryptocurrency

🐳You will loss all if you are not professional and can not control emotion