CRYPTO PRICES

CRYPTOCURRENCIES

 

Cryptocurrencies are a digital asset.

They eliminate the need for a third party, and you can transfer money almost instantly with cheap transfer fees.

As the name suggests, it is encrypted for security to protect the transactions, using strong cryptography.

It protects the identity of the parties involved in the transaction, and also creates new coins through the MINING process.

It does not use central banking systems, but rather a decentralized control.

The control of the digital asset on the blockchain works through a distributed ledger.

The Distributed ledger is not stored or controlled by a single central system, but rather across multiple sites in different countries.

 

The most famous of these cryptocurrencies is Bitcoin. The first cryptocurrency launched.

Following on from this leader, are all the altcoins, or alternative coins.

 

WHY BUY CRYPTOCURRENCY

Most people are sceptical when it comes to cryptocurrency and what the future holds.

But, as with most things in life, there is some risk involved, and the choice is whether it’s a risk TO BUY, or a risk NOT TO BUY!?

But this I say with a QUESTION FOR YOU, Why are you here if not to TRY!?

 

CRYPTOCURRENCY POTENTIAL

The idea that people buy cryptocurrency and just sit back and reap the rewards come from the stories from when BITCOIN was launched.

 

There were many people who saw the potential of this decentralized control, and decided to see what happened.

Now we know what happened, and its still happening today, still with BITCOIN, but also ALTCOINS, like Ethereum ETH,Ripple, XRP, Litecoin LTC and many, many others.

 

So, the sceptics will always point out a drop in value of cryptocurrency, and proclaim the end is nigh!

But for those looking to buy, it’s an opportunity to buy when the price is low.

And for those who see the price go rocketing up, you’ll either feel you’ve missed you chance (WHICH YOU HAVEN’T), or have to wait to see if the price has come down.

But that is the TIME TO SELL HIGH!

 

Either way, the message is clear, BUY LOW, SELL HIGH, but don’t get greedy.

If I see ‘those faces’, it’s the faces of people who held on too long, being greedy.

Set a goal with the Cryptocurrency you’ve bought.

Let’s say you’ve bought £500 worth of BITCOIN!? What is the interest you would earn in a bank savings account for that much money PER YEAR!?

BITCOIN can rise (and fall) 5-10% in a week! Think about that, and remember the fall too! Buy LOW, SELL High! Repeat!

 

That doesn’t mean you buy and sell everyday. The price can sometimes fluctuate, but not by much for a while.

So, the waiting begins, and you could have a sell order on for days and days.

You could put up a sell order, to find it’s sold within a few minutes, because the price has gone up! But don’t feel you’ve missed a chance, so long as you stick to your percentages.

 

With percentages, many people use TRADING BOTS.

They are a good way to set parameters, which will be adhered too constantly, without human emotion! BUY and SELL! Continuously!

Check out CRYPTOHOPPER!! This is a solution for many, not for all, but worth a look, DEFINITELY!!

crypto hopper trading bot