Investing is not as difficult as it sometimes seems. Of course there is a difference between experienced investors and people who are just starting to invest, but in principle everyone could earn and lose money with it.
Because when investing you are not sure about anything.
Investing in cryptocurrencies can be a very profitable intention. Anyone who believed in the Bitcoin in 2010 and had bought it for € 100 would have become a millionaire in 2018. The prices rose considerably.
But Bitcoin is no longer the only crypto coin. Ethereum, Litecoin and Ripple are good successors.
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More and more ICOs are emerging, but only a few currencies are being accepted by the public. Cryptocurrencies is not about the "money" at all, but rather about the underlying technology: the blockchain.
Bitcoin, for example, used the blockchain to make payments without the intervention of banks and governments. Anonymous payments. Ethereum wants to use the blockchain for more transactions than just money. Documents, insurance and mortgages should also be able to be done via the blockchain.
And so there are more.
You can exchange cryptocurrency on an exchange. Instead of your euros, you will receive a credit in Bitcoin, Ripple or Litecoin. The value of these currencies fluctuate enormously. So there are many risks involved, but also many options.
Those who prefer not to have the crypto coins themselves, but want to respond to the enormous exchange rate differences, can turn to specialists in crypto currency.
Crypto currencies are unpredictable. The exchange rate differences are huge.
