Bitcoin has jumped this year and each has $ 3,500 coins! Ethereum is stable at around US $ 250 and Litecoin around US $ 60.
There are more than 1000 coins on the market and each coin has its own value.
But why is a coin worth what it's worth? Why did they go up, why did they go down?
Well, currencies need two important things to have long-term sustainability and increase prices.
1- Users / Portfolios - People who buy and sell digital currencies in exchange when using deposit methods to maintain their currencies.
This makes sense because this is the supply and demand of classic coins. In general, the blockchain project emits millions of coins that give your company value and you can buy them on the exchange, the amount you want, from hundreds of thousands to 0.0000001 coins.
2- Business / Usability - If the company accepts cryptocurrency as a form of payment, this provides currency for use. Now, what do I mean by usability? Yes, these coins are value exchanges!
Many people use it only as an investment, but the idea is to use cryptocurrency as a value exchange, that is, to be able to buy real products or services, then cryptocurrency has a great advantage over a currency that is only a speculative, investment medium.
For example, Bitcoin between 2009-2012 has ZERO Usability! Only early users begin to become users and test Bitcoin shipments as money transfers from person to person
Simple then, user base and usability. What makes the user base and usability grow? That requires a deeper analysis that you can find below.
Bitcoin! Cryptocurrency! Blockchain! Those are the current words. Maybe you have come to this blog out of pure curiosity, to find out what all this means at once. If you have read for a while, you will know that cryptocurrency does not only represent a great change for society as we know it, but also an extraordinary opportunity for investors to value the amount that Blockchain technology will bring to the market and the economic potential it requires.
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The light you need to be calm when investing in the world of cryptocurrency. Saying that this guide means more than 220% return on my investment in the short term, as well as the belief that many projects where I decide to invest in the long term will give me huge benefits.