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Cryptocurrency
Investment

&nbps;

Everyone is talking about cryptocurrencies these days and the revolution and changes they have brought, but what exactly is cryptocurrency? In basic terms, it is a digital coin that is transferred between people when carrying out virtual transactions. Since it is a digital coin, cryptocurrency is not a physical object and can only be found as data. You cannot actually keep Ethereum in your wallet or have Bitcoin in your hand. So, what does it mean when people say they have Bitcoin? It means that you have the collective agreement of every computer that you own on the Bitcoin network and that it was created by a miner legitimately.

&nbps;

While cryptocurrencies are used in the same way as cash, their mining is done like gold. Cryptocurrency mining refers to the process through which crypto transactions are verified. Pending transactions are selected from a pool and checked to ensure the sender has enough funds for completing the transaction. This involves checking the details against the transaction history in the blockchain. A second check is performed to confirm the transfer of funds was authorized by the sender using their private key. When a cryptocurrency is launched, its founders decide how many coins will be mined.

&nbps;

Bitcoin was the first digital coin to be introduced and it remains a benchmark for the rest, such as Ethereum, Ripple, Litecoin, EOS, NEO and more. Neuer Capital is an industry-leading broker that allows people to trade cryptocurrencies with some of the best spreads in the market.

What is Cryptocurrency Investment?

The potential of cryptocurrencies to bring changes in the wider financial landscape has made it impossible for people to ignore them. Instead, investment and investment opportunities have opened up. Investment cryptocurrencies is not the same as investment in more traditional markets like stocks and Forex because they are relatively new and are not influenced by the same forces as other established markets.

Nonetheless, put simply, cryptocurrency investment is the buying and selling of cryptocurrencies via an exchange. You trade one cryptocurrency for another, hoping that the value of the one you have bought will increase. Cryptocurrency investment has become very popular as billions of worth of these coins are being bought and sold daily. These crypto transfers are not handled by any financial institutions like banks. They are recorded on the blockchain, which is a digital ledger.

A Brief History of Crypto Investment

The idea of a digital currency was not a new one and many attempts had been made in the past. Nick Sazbo, Blockchain pioneer, came very close to creating one called Bit Gold because he wanted to eliminate the inefficiencies associated with the traditional financial system. He inspired Bitcoin, the first cryptocurrency that was introduced in 2009 by Satoshi Nakamoto. His true identity remains a mystery even today, but he officially piloted Blockchain technology by mining the first block of the Bitcoin network. The first crypto exchange was launched in March, 2010 and it was between 2011 and 2013 that Bitcoin reached parity with USD and other crypto were introduced.

The Most Popular Cryptocurrencies to Trade

The idea of a digital currency was not a new one and many attempts had been made in the past. Nick Sazbo, Blockchain pioneer, came very close to creating one called Bit Gold because he wanted to eliminate the inefficiencies associated with the traditional financial system. He inspired Bitcoin, the first cryptocurrency that was introduced in 2009 by Satoshi Nakamoto. His true identity remains a mystery even today, but he officially piloted Blockchain technology by mining the first block of the Bitcoin network. The first crypto exchange was launched in March, 2010 and it was between 2011 and 2013 that Bitcoin reached parity with USD and other crypto were introduced.

1

Bitcoin

The first and the most famous cryptocurrency that was introduced in 2009 is none other than Bitcoin. It launched the entire cryptocurrency movement and now serves as a gold standard in the industry. It is used as a means of payment globally and its price movements can have a strong impact on the rest of the market. Suffice it to say, Bitcoin is here to stay and is one of the top choices of people who wish to trade cryptocurrencies.

2

Ethereum

In the hierarchy of cryptocurrencies, the brainchild of crypto-genius Vitalik Buterin has taken up the second spot. Historically, it is the second most popular cryptocurrency that was launched in 2015, but it is very much different from Bitcoin. Ethereum actually refers to the blockchain platform whereas the name of the cryptocurrency is Ether. This decentralized software platform allows people to create ‘Smart Contracts’ and Decentralized Applications (DApps) and they can run without any control, fraud, downtime or interference from a third party. The applications are run on Ether and this cryptographic token serves as a vehicle for moving around the Ethereum platform.

Therefore, it is sought by a number of developers who are interested in developing and running applications inside Ethereum. Investors are also in search of Ether because they want to use it for purchasing other digital currencies. A pre-sale was launched by Ethereum in 2014 for Ether, which got an overwhelming response. This helped in bringing about the age of Initial Coin Offering (ICO). These are the equivalent to IPOs or crowdfunding in the cryptocurrency world. In 2016, after the attack on the DAO, Ethereum was divided into Ethereum (ETH) and Ethereum Classic (ETC). As of 5th December, 2019, Ethereum had a market capitalization of about $16.11 billion and its per token value is $148.03.

3

Litecoin

Launched in 2011, Litecoin was one of the initial cryptocurrencies that were introduced after Bitcoin. This cryptocurrency has often been referred to as the silver to Bitcoin’s gold. An MIT graduate and a former engineer at Google, Charlie Lee, created this cryptocurrency. An open-source global payment network is used by Litecoin, which is not controlled by any central authority. As far as proof of work is concerned, Litecoin uses ‘scrypt’ and consumer-grade CPUs can be used for decoding it.

Even though Litecoin is similar to Bitcoin in many ways, it can offer faster confirmation of transactions because it boasts a faster block generation rate. Litecoin is undoubtedly very popular in developers, but that’s not all. More and more merchants are now accepting Litecoin. Therefore, it is portrayed as a more technologically superior and practical alternative to Bitcoin. As of 5th December, 2019, Litecoin had a market capitalization of $2.85 billion and its per token value is around $44.71.

Cryptocurrency Investment Strategy

Just like investment other financial instruments, you have to have a cryptocurrency investment strategy. The purpose of the strategy is to help you in identifying when to buy and sell a cryptocurrency. However, when it comes to developing your investment strategy for crypto, there are some things that shouldn’t be forgotten. If Blockchain is a new concept for you, you can always go for an automated option, which involves the use of investment bots with API enabled. It is considered to be the best cryptocurrency investment strategy for beginners because they don’t have to make decisions.

Traders should also stick to their crypto investment strategy and not fall into the trap of FOMO (Fear of Missing Out). If you fall for the hype, you will end up losing a lot of money. Entry and exit points should be decided beforehand and a price ticker can be installed to keep you updated about the changes in price so you can make decisions accordingly. A stop-loss should also be included in the crypto investment strategy, in which you can set a determined price at which you will sell if the price drops.

Technical analysis can also be used as a basis for developing a cryptocurrency investment strategy, which depends on the past performance of a coin to predict its movement in the future. Fundamental analysis is a bit difficult in the case of cryptocurrencies because they are not corporations and so they don’t have any financial statements, but whitepapers can be used instead. Long-term investment strategies are not recommended for this market because there is a limited amount of data available for this market. It is best to make adjustments regularly to maximize profits and minimize losses.

Read MoreRead Less

Why Trade Crypto with Neuer Capital?

Neuer Capital is one of the leading platforms for investment cryptocurrencies and there
are a number of reasons why you should consider our services. Some of these are:

 

Choice of
 Cryptocurrencies

Our investment platforms offer a wide variety of cryptocurrencies for you to trade, diversify your portfolio and maximize earnings.

 

Uncompromised
 Security

We are a regulated broker and have made it our goal to provide a secure investment environment to our clients. We offer 100% SSL encryption and segregated accounts for increased safety.

 

No Hidden
 Costs

We believe in being transparent in all our dealings and do not charge any hidden fee from our clients. All our costs are mentioned upfront to enable traders in making smart decisions.

 

Strong Customer
 Care

We have a team of experienced and capable agents who are ready to provide assistance when required. You can get in touch with them easily and resolve your issues right away.

Cryptocurrency
Investment

&nbps;

Everyone is talking about cryptocurrencies these days and the revolution and changes they have brought, but what exactly is cryptocurrency? In basic terms, it is a digital coin that is transferred between people when carrying out virtual transactions. Since it is a digital coin, cryptocurrency is not a physical object and can only be found as data. You cannot actually keep Ethereum in your wallet or have Bitcoin in your hand. So, what does it mean when people say they have Bitcoin? It means that you have the collective agreement of every computer that you own on the Bitcoin network and that it was created by a miner legitimately.

&nbps;

While cryptocurrencies are used in the same way as cash, their mining is done like gold. Cryptocurrency mining refers to the process through which crypto transactions are verified. Pending transactions are selected from a pool and checked to ensure the sender has enough funds for completing the transaction. This involves checking the details against the transaction history in the blockchain. A second check is performed to confirm the transfer of funds was authorized by the sender using their private key. When a cryptocurrency is launched, its founders decide how many coins will be mined.

&nbps;

Bitcoin was the first digital coin to be introduced and it remains a benchmark for the rest, such as Ethereum, Ripple, Litecoin, EOS, NEO and more. Neuer Capital is an industry-leading broker that allows people to trade cryptocurrencies with some of the best spreads in the market.

What is Cryptocurrency Investment?

The potential of cryptocurrencies to bring changes in the wider financial landscape has made it impossible for people to ignore them. Instead, investment and investment opportunities have opened up. Investment cryptocurrencies is not the same as investment in more traditional markets like stocks and Forex because they are relatively new and are not influenced by the same forces as other established markets.

Nonetheless, put simply, cryptocurrency investment is the buying and selling of cryptocurrencies via an exchange. You trade one cryptocurrency for another, hoping that the value of the one you have bought will increase. Cryptocurrency investment has become very popular as billions of worth of these coins are being bought and sold daily. These crypto transfers are not handled by any financial institutions like banks. They are recorded on the blockchain, which is a digital ledger.

A Brief History of Crypto Investment

The idea of a digital currency was not a new one and many attempts had been made in the past. Nick Sazbo, Blockchain pioneer, came very close to creating one called Bit Gold because he wanted to eliminate the inefficiencies associated with the traditional financial system. He inspired Bitcoin, the first cryptocurrency that was introduced in 2009 by Satoshi Nakamoto. His true identity remains a mystery even today, but he officially piloted Blockchain technology by mining the first block of the Bitcoin network. The first crypto exchange was launched in March, 2010 and it was between 2011 and 2013 that Bitcoin reached parity with USD and other crypto were introduced.

The Most Popular Cryptocurrencies to Trade

The idea of a digital currency was not a new one and many attempts had been made in the past. Nick Sazbo, Blockchain pioneer, came very close to creating one called Bit Gold because he wanted to eliminate the inefficiencies associated with the traditional financial system. He inspired Bitcoin, the first cryptocurrency that was introduced in 2009 by Satoshi Nakamoto. His true identity remains a mystery even today, but he officially piloted Blockchain technology by mining the first block of the Bitcoin network. The first crypto exchange was launched in March, 2010 and it was between 2011 and 2013 that Bitcoin reached parity with USD and other crypto were introduced.

1

Bitcoin

The first and the most famous cryptocurrency that was introduced in 2009 is none other than Bitcoin. It launched the entire cryptocurrency movement and now serves as a gold standard in the industry. It is used as a means of payment globally and its price movements can have a strong impact on the rest of the market. Suffice it to say, Bitcoin is here to stay and is one of the top choices of people who wish to trade cryptocurrencies.

2

Ethereum

In the hierarchy of cryptocurrencies, the brainchild of crypto-genius Vitalik Buterin has taken up the second spot. Historically, it is the second most popular cryptocurrency that was launched in 2015, but it is very much different from Bitcoin. Ethereum actually refers to the blockchain platform whereas the name of the cryptocurrency is Ether. This decentralized software platform allows people to create ‘Smart Contracts’ and Decentralized Applications (DApps) and they can run without any control, fraud, downtime or interference from a third party. The applications are run on Ether and this cryptographic token serves as a vehicle for moving around the Ethereum platform.

Therefore, it is sought by a number of developers who are interested in developing and running applications inside Ethereum. Investors are also in search of Ether because they want to use it for purchasing other digital currencies. A pre-sale was launched by Ethereum in 2014 for Ether, which got an overwhelming response. This helped in bringing about the age of Initial Coin Offering (ICO). These are the equivalent to IPOs or crowdfunding in the cryptocurrency world. In 2016, after the attack on the DAO, Ethereum was divided into Ethereum (ETH) and Ethereum Classic (ETC). As of 5th December, 2019, Ethereum had a market capitalization of about $16.11 billion and its per token value is $148.03.

3

Litecoin

Launched in 2011, Litecoin was one of the initial cryptocurrencies that were introduced after Bitcoin. This cryptocurrency has often been referred to as the silver to Bitcoin’s gold. An MIT graduate and a former engineer at Google, Charlie Lee, created this cryptocurrency. An open-source global payment network is used by Litecoin, which is not controlled by any central authority. As far as proof of work is concerned, Litecoin uses ‘scrypt’ and consumer-grade CPUs can be used for decoding it.

Even though Litecoin is similar to Bitcoin in many ways, it can offer faster confirmation of transactions because it boasts a faster block generation rate. Litecoin is undoubtedly very popular in developers, but that’s not all. More and more merchants are now accepting Litecoin. Therefore, it is portrayed as a more technologically superior and practical alternative to Bitcoin. As of 5th December, 2019, Litecoin had a market capitalization of $2.85 billion and its per token value is around $44.71.

Cryptocurrency Investment Strategy

Just like investment other financial instruments, you have to have a cryptocurrency investment strategy. The purpose of the strategy is to help you in identifying when to buy and sell a cryptocurrency. However, when it comes to developing your investment strategy for crypto, there are some things that shouldn’t be forgotten. If Blockchain is a new concept for you, you can always go for an automated option, which involves the use of investment bots with API enabled. It is considered to be the best cryptocurrency investment strategy for beginners because they don’t have to make decisions.

Traders should also stick to their crypto investment strategy and not fall into the trap of FOMO (Fear of Missing Out). If you fall for the hype, you will end up losing a lot of money. Entry and exit points should be decided beforehand and a price ticker can be installed to keep you updated about the changes in price so you can make decisions accordingly. A stop-loss should also be included in the crypto investment strategy, in which you can set a determined price at which you will sell if the price drops.

Technical analysis can also be used as a basis for developing a cryptocurrency investment strategy, which depends on the past performance of a coin to predict its movement in the future. Fundamental analysis is a bit difficult in the case of cryptocurrencies because they are not corporations and so they don’t have any financial statements, but whitepapers can be used instead. Long-term investment strategies are not recommended for this market because there is a limited amount of data available for this market. It is best to make adjustments regularly to maximize profits and minimize losses.

Read MoreRead Less

Why Trade Crypto with Neuer Capital?

Neuer Capital is one of the leading platforms for investment cryptocurrencies and there
are a number of reasons why you should consider our services. Some of these are:

 

Choice of
 Cryptocurrencies

Our investment platforms offer a wide variety of cryptocurrencies for you to trade, diversify your portfolio and maximize earnings.

 

Uncompromised
 Security

We are a regulated broker and have made it our goal to provide a secure investment environment to our clients. We offer 100% SSL encryption and segregated accounts for increased safety.

 

No Hidden
 Costs

We believe in being transparent in all our dealings and do not charge any hidden fee from our clients. All our costs are mentioned upfront to enable traders in making smart decisions.

 

Strong Customer
 Care

We have a team of experienced and capable agents who are ready to provide assistance when required. You can get in touch with them easily and resolve your issues right away.