cryptocurrencies world

 your cryptocurrencies can be practically impossible to steal or hack. In this chapter, I'll spill the beanson how you can do that, which can be summarized in 3 words - a cryptocurrency wallet. A cryptocurrency wallet is where you store your cryptocurrencies. This may be considered a cryptocurrency investing because the financial assets you're dealing with have no physical counterparts, i.e., they're digital. And because they're digital, you can only store them via a digital storage facility, i.e., a cryptocurrency wallet. The only question is what type of wallet will you use? There are two general types of wallets: hot storage and cold storage. Hot storage wallets are those that are online or Internet based. Cold storage wallets, on the other hand, are those that are offline or aren't connected to the Internet. So which of the two is best for safely HODLing your cryptocurrencies? If the only way to steal or rob your cryptocurrencies is via hacking, then the obvious

 Now that you've seen why compared to gold, fiat currencies aren't real money; it's time to turn our attention to cryptocurrencies as a solid alternative, why they are much closer to gold than money as we know it today is, and why they'd work better than fiat currencies. 1-Low Risk of Disruption:  According to David John Grundy, the global blockchain head of one of the world's biggest banks, Danske Bank, the only way anyone can stop or shut blockchains down is by shutting down the Internet itself. And by now, I believe you know that is practically impossible. It's like saying somebody can keep the sun from shining or the wind from blowing. 2-Portability: Unlike fiat currencies, cryptocurrencies can be easily transferred from one account to another using online gadgets such as computers, tablets or even smartphones. With fiat currencies, you'll need to do so physically or through the same bank. Plus, you don't have to bring them with you physically becaus

One of the main motivations that fuel the development of cryptocurrencies is the breaking down of existing financial and technological barriers and borders, particularly in the realm of trade and finance. More than 1,000 altcoins are vying with each other in terms of early blockchain developmental stages. As a result, we can reasonably expect to see only a couple of successful cryptocurrencies to stay and change the way we will pay, lend money, borrow money, trade, and do banking in the future. And in the near future, we can reasonably expect several major cryptocurrencies to be accepted in the financial mainstream, which can signal a whole new era of digital finance. HODLing . But what does hodl mean? The first instance when this term was used was in 2013 at the Bitcoin talk forum. One of its members with the handle GameKyuubi used the term hodl under a thread named "I Am Hodling." It appears from the post that while trying to convey his conviction of holding on to his Bitco

 Bitcoin and Etherem is the most popular and important cryptocurrencies in the world because these are the base of the other cryptocurrencies and the oldest. Bitcoin is a digital currency created in January 2009 following the housing market crash. It follows the ideas set out in a whitepaper by the fuzzy  and pseudonymous Satoshi Nakamoto.The identity of the person or persons who created the technology is still a mystery. Bitcoin offers the promise of lower transaction fees than traditional online payment  technique  and is operated by a decentralized authority, unlike government-issued currencies.There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to, that along with all Bitcoin transactions is verified by a massive amount of computing power. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity. Despite it not being ledger tenders , Bitcoin charts high on popularity, an