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Showing posts from April, 2018

Pros And Cons OF Cryptocurrency As An investment Avenue!

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The digital currencies available today in the form of BitCoin and other Cryptocurrencies have attracted many towards their fruitfulness as a means of wealth management. Certain cryptocurrency financial platforms (including LedgerX) are now federally regulated and hence greater legitimacy has been gained by the virtual currencies. On the other hand, ICOs (Initial Coin Offerings), which are used for raising funds towards a new venture in the digital currency, and a cryptocurrency itself are exposed to the volatility and risks of greater magnitude.  Still, the faster and greater results and profits propel the new capitalists and others to invest in the segment, and leading financial institution and firms of international repute, including JP Morgan Chase and Goldman Sachs, are finding Cryptocurrencies a suitable investment option. Like many other investment avenues, the cryptocurrency market has its own share of advantages and disadvantages or Pros and Cons. Pros Here are th...

The Rising Fever for Cryptocurrencies-ICOs!

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The growing infatuation for cryptocurrencies around the world has touched new heights. The altcoins are no longer a recent development. The rise in a fever for Cryptocurrencies has started bridging geographical boundaries on the globe. The enthusiasm is such that people have started investing even on startup Cryptocurrencies via- Initial Coin Offerings, or popularly termed as ICOs! Initial Coin Offerings To understand the definition of ICOs you must first understand some basics of Initial Public Offering or IPOs. To gather capital or funds for expansion small companies offer IPOs, where for the first time stocks are sold to the public. The same can be done by big corporate houses as well to raise funds and become publicly traded. Digital Counterpart of IPOs  Initial Coin Offerings are the more or less similar to IPOs with some basic differences like- IPOs payments are in fiat currency, unlike ICOs which have Cryptocurrencies, and fiat currency both as fo...

Who’s Challenging Bitcoin In The 2018?

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The gradual but exponential amplification in the values of Cryptocurrencies and the success of initial coin offerings are stimulating people across the globe, to not only get acquainted with them but also engage in their trading.  Envision of a lucrative investment option make Cryptocurrencies the popular universal choice. The undefeated king of the Cryptocurrency market is certainly- Bitcoin, with its current value crossing the $10,000 mark in November 2017.  In the race of being No#1! Bitcoin started the year, 2017, with value at $1000, and surpassed the $5000 milestone in October 2017. With several ups and downs from June’17 to Sept’17, it finally smashed the $10,000 mark in Nov’17. Today, 12th Dec’17, it stands at $16229.50, which is equal to Rs.1046485.95 only. The experts have been warning since it touched the $5000 mark that Bitcoin is in a bubble and can burst anytime. Until today, they are still to witness the blast. Does this mean that Bitcoin will rem...