Stay tuned: Cryptocurrencies are going to play a big role heading into the future.
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There is a lot of volatility in the cryptocurrency space due to the industry’s newness. Investors are seeking to experiment with their money to generate riches quickly and figure out how cryptocurrency prices vary and whether they can affect them.
We’re certainly in a much different place now than we were 12 months ago. What was a hot commodity has turned into a hot potato nobody wants to touch. Still, this almost certainly won’t be the end for bitcoin, or cryptocurrencies as a whole. Despite the realization that it was a bubble, even the toughest critics see some sort of a future.
Keep your investments small, and never put crypto investments above any other financial goals like saving for retirement and paying off high interest debt.
Despite the new record high, Bitcoin is still a highly volatile and speculative investment. In fact, the last time the crypto saw a record high in mid-April, it abruptly lost over half of its value and plunged to around $30,000 by mid-July.
Keep your investments small, and never put crypto investments above any other financial goals like saving for retirement and paying off high interest debt.
Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
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DeFi stands for decentralised finance token. They are very complex but essentially aim to disrupt the finance world to enable people to follow and lend in peer-to-peer networks, without needing a bank.
Here are some cryptocurrencies that may be unworthy of a slot in your investment portfolio:
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Security is a major concern when investing in cryptocurrencies. This is because there is no way to get back tokens once they have been transferred out, making the need for a secure platform all the more important. 4JNET was built with this concern in mind.