Initial Coin Offering: Entering the Realm of Cryptocurrency Investments
Many individuals may not know what cryptocurrecy is, yet it is already becoming popular today particularly in the field of financial investing. In particular, Bitcoin, has recently increased its value approximately tenfold. On January 2, 2017, MarketWatch reported that Bitcoin’s value is $1,016 and on December 4th of the same year, it is at $11, 314. A significant value? Indeed, it is.Absolutely! Not surprisingly, this has prompted crowding of initial coin offering (ICO) investments in the market.
Nevertheless, the amount of bitcoin and other cryptocurrencies may not ring a bell if you are not familiar with it. Hence, this article will help you understand the basics of what cryptocurrency or and ICO is all about.
In the simplest definition, cryptocurrency is a digital currency. A man or woman can use this in generating wired payments and other related activities. The system …