Cryptocurrency is the 21st century’s answer to decentralised banking, a virtual currency that is independent of banks, governments or financial institutions. The idea was to create a community managed system of digital transactions, and cryptocurrencies have taken hold of the world with billions of dollars are now invested in literally thousands of different coins.
It’s not too late to get involved with trading or investing (crypto-enthusiasts use the term ‘hodl’ – a meme based on the misspelling of the world hold) with multiple options available to get your first cryptocoin. The easiest and most straightforward method is to simply sign up to a cryptocurrency exchange, deposit some funds and use this to buy currency at the market rate. Or you can join a mining pool and trade your computer’s processing power – which is then used to run the digital ledger recording all the currency transactions – for a small cryptocurrency fee. A third way, which offers potential for massive profits is by investing in ICOs. Initial Coin Offerings (ICOs) are a type of crowdfunding project which allow investors to buy new released coins before they are traded on the open market. If the investment pays off, profits of 100% or even 1000% have been made in just a few weeks.
You can find an ICO List and ICO Calendar in order to compare and choose the best upcoming ICOs at Coin Market Plus, along with their expert analysis and ICO ratings to give you as much information as possible to choose which fund to invest in.