Showing posts from January, 2022

Mark Tencaten | Cryptocurrency - Money of the Future

A cryptocurrency is a payment method that may be sent around the world with no need for a central banking system such as a government or bank. Cryptocurrencies are created using cryptographic processes that allow users to sell, purchase and trade them securely. Cryptocurrencies can be used to buy and sell services and goods, but they are most frequently used as an investment channel. Cryptocurrency is also an important aspect of the operation of some decentralized financial systems, where digital tokens serve as a transactional tool. A market research website stated that there are around 17,000 different cryptocurrencies that are traded publicly. Cryptocurrencies are still on the rise. Bitcoin is the largest traded cryptocurrency by market capitalization, and it has a history of price volatility. Buying bitcoin is most commonly the first step for new investors in the cryptocurrency realm. The world's first and most famous cryptocurrency, Bitcoin, has surged in value from $3,237 i

Mark Tencaten - About Cryptocurrencies

Many people still regard 'virtual' currencies like Bitcoin as a mystery connected primarily with online criminals, despite the fact that they are no longer separated from the financial system and transactions we're used to. However, a number of legal institutions, including the Bank of England and EY, are interested in cryptocurrencies and the technologies that support them. Cryptocurrencies are named by the fact that they rely on cryptographic functions to protect transactions and prevent the creation of new currency units. Bitcoin isn't the first cryptocurrency, but it is the most well-known and the first to be a 'decentralized' currency. Bitcoin is the digital money that works independently of any central authority or government monitoring. It instead uses Peer-to-peer software and cryptography. The bitcoin transactions are documented in a public ledger, and copies are stored on servers all around the world. A node is a server that anyone with a computer

Mark Tencaten | Four Tips for a Safe and Profitable Investment in Cryptocurrency

Cryptocurrency has garnered huge attention over the past few years. And the reason is those who have seen it coming and invested a long ago have already made their fortune out of it. However, it is important to know there are people as well who have lost more than half of their wealth. The point is cryptocurrency is a highly volatile market, and sometimes even the most seasoned crypto investors may feel apprehensive about the market. However, it doesn’t mean you feel disheartened and decide to stay away from the market. What Mark Tencaten , the cryptocurrency expert, suggests is the timing and the choice are two important aspects of making big in the cryptocurrency. Here are the four effective investment tips, as suggested by Mark Tencaten that can help you take wise cryptocurrency investment decisions. 1.      It is important to be an active investor Just invest and forget doesn’t work in the crypto market. Money doesn’t grow in this market by just sitting back and relaxing.