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15 Reasons Why You Should Invest In Litecoin

Invest In Litecoin - Whether you're new to Litecoin Investing, thinking of getting back in, or just want a refresher on why invest in Litecoin — this article is for you Below we cover 15 major reasons why you should invest in Litecoin and why Litecoin investing can be so powerful. Litecoin is among the list of numerous altcoins but has a favourable position compared to thousands of others. Like bitcoin, Litecoin has been around for quite a long time. It is that one coin that has closely been following in the steps of its predecessor, bitcoin. But what exactly is it, and why should you invest in Litecoin LTC today? Litecoin, as mentioned is one of the many altcoins but is a fork of bitcoin. Altcoins are alternative coins that came after bitcoin . A fork is when a blockchain breaks into different paths to create two distinct coins. Litecoin broke away from bitcoin’s blockchain to become an independent coin. This coin was made or developed by Charlie “Satoshi Lite” Lee, a former

6 reasons why cryptocurrencies need to be regulated

Cryptocurrency Regulation in the crypto space, the virtual currencies do need a regulatory framework to protect the interest of investors . Finance Minister Nirmala Sitharaman recently said that the government is going to take a calibrated position on cryptocurrency. The minister also said the government wants to ensure that there is a window for experiments in the cryptocurrency space. But the cryptocurrency platforms or exchanges in India are fearing a complete ban on trading. The new bill, moved by the government, is likely to propose a framework for digital currency to be issued by the Reserve Bank of India. While a ban on private crypto currencies will kill all future innovations in the crypto space, the virtual currencies do need a regulatory framework to protect the interest of investors. So what should be regulatory framework for crypto currencies, and why is a need for regulations. Let's look at the five major areas that need attention. Classification of cryptocurren

Is Cryptocurrency a Good Investment?

crypto investment - It is possible to get filthy rich by investing in cryptocurrency -- but it is also very possible that you lose all of your money. Investing in crypto assets is risky, but can be a good investment if you do it properly and as part of a diversified portfolio. Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency. A safer but potentially less lucrative alternative is buying the stocks of companies with exposure to cryptocurrency. Image source: The Motley Fool Let's examine the pros and cons of investing in cryptocurrency. Is cryptocurrency safe? Multiple factors show that cryptocurrency is not always a safe investment. All the while, other signs are emerging that cryptocurrency is here to stay. Cryptocurrency risks Cryptocurrency exchanges , more so than stock exchanges, are vulnerable to being hacked and becoming targets of other criminal activity. Security breaches have led to sizable losses for investors

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