How Does Cryptocurrency Gain Value?
The acceptance of currencies, like the US Dollar, Great British Pound and the Euro, as legal tender is because they have been issued by a central bank; digital currencies, however, such as cryptocurrencies, are not reliant on the confidence and trust of the public on the issuer
This year, we can observe that cryptocurrencies tend to move up and down daily by as much as 15% of value. Such price changes are known as variability. But what if … it’s perfectly normal, and drastic changes are one of the characteristics of a cryptocurrency that allows you to make a good profit? First […]