- https://goo. gl/4aJ6J3 Write an introduction to an informative and factual blog post titled "Beginner's Guide to Cryptocurrency Investing". In the last few years, the world of cryptocurrency has exploded into a revolution. From online exchanges where you can buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, Ripple and Litecoin all in a matter of minutes to apps that make it easy for your smartphone or computer to allow you to mine or invest in cryptocurrency – cryptocurrencies have quickly developed into a global phenomenon. Because of this crypto craze that has taken the world by storm, there is a lot to learn about how cryptos work. There are many people who still think of cryptocurrency as something that's only used by criminals and shady businesses to perform shady deals, but in reality there are reputable businesses all over the world that use cryptocurrency because of it's ability to be used internationally for transactions. There are also other downfalls of using traditional currency like dollars or euros versus using digital currency like Bitcoin. For example, when you use traditional currency you need middlemen like banks to process your transactions and sometimes take days or weeks for your exchange to complete. With cryptocurrency you can complete your transaction 20x faster than the traditional way. When you use traditional currency, there is no guarantee that it will be accepted anywhere in the world where you happen to be traveling. That means that if your debit card and credit card aren't accepted, and it's hard for them to be because of where you are – you won't be able to use them anywhere. This can lead to a lot of unnecessary stress and headaches – so cryptocurrency is a great choice for those who want more freedom and less fees involved. That being said, as with any investment, crypto investing carries its own risks as well as rewards. It's important to learn the basics of cryptocurrency so you can be informed about what it is, how it creates value, and how to take part in it. There are a few different types of cryptocurrency including cryptocurrencies themselves, bitcoin, altcoins or alternative coins that are based on cryptocurrencies like ethereum or ripple , and then there are also projects that are ICOs or Initial Coin Offerings which you can take part in to invest in these upcoming crypto businesses. Making an investment in any one of these crypto assets comes with its own risks just like anything else in the stock market. The main risks investors need to take into consideration when investing in cryptocurrency is losing money due to fraud or bad business decisions by companies involved with cryptocurrency .
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