Cryptocurrency : Bitcoin, Facebook libra or Dogecoin | Top10 Gossips

Brief:- cryptocurrency - bitcoin, libra or dogecoin. Which is best and should you invest in it?

cryptocurrency

Cryptocurrency is the new normal of the society. I think everyone in this technical era, is familiar with the term "cryptocurrency" but let's assume that there are some readers who are beginner in this field and have a question in their minds as-

What is the cryptocurrency?

Cryptocurrency is actually a type of virtual currency which exist in the form of some kind of code. It is exchangeable so you can spend, invest or convert it like a real/physical currency.

In this article, we will know about some well known cryptocurrencies and their price. In the end, you will have a basic understanding of cryptocurrencies, their types and working.


Cryptocurrency : Bitcoin, Facebook libra or Dogecoin

Bitcoin:- 

Bitcoin is the most famous cryptocurrency now a days. In fact, this was the first currency which initialized the revolution. It came into existence in the year 2008 and since 2009, it is the top player in the game.

Recently Elon Musk, the billionaire entrepreneur invested a huge amount in Bitcoin which caused a sudden rise in it's price. You can buy Bitcoin from any cryptocurrency exchange with a digital wallet. 

Libra:-

Facebook owns many social media platforms such as instagram, oculas and WhatsApp but now facebook is trying something new by creating a new cryptocurrency named libra

It is written in Rust - programming language and is based on block chain technology
Currently the Facebook libra is known as Diem and the launch was scheduled in 2022. 

Since it is not launched, you can't buy it but there are other options to try if you really desire to buy a cryptocurrency. 

Dogecoin:-

Recently popular Dogecoin is another cryptocurrency just like bitcoin or libra. It was initially launched in year 2013 but after dog memes went viral, this currency got a massive popularity. 

In fact, Elon Musk also tweeted about this recently which was another reason why everyone knows about this now. 

If you want to buy Dogecoin, you have many options available on internet where you can buy/sell/trade Dogecoin. 

Should You Invest:-

Well for a better future, investment in cryptocurrencies may be a good option. Unlike stocks and mutual funds, you don't have to be a good planner to invest in cryptocurrency but there is something you need to know before invest. 

1. As you all are aware, there are many cryptocurrencies available in the market so it is hard to decide in which should you invest?

2. There is no guarantee that the cryptocurrency in which you are going to invest, will give a fair profit over time. The profits come with the risk so be careful. 

Summary:-

In this article, we tried to give you a detailed overview of what is cryptocurrency, some popular names in this field and should you invest in it? 

Cryptocurrencies are something that is going to be a part of our daily lifestyle. Some platforms have started taking this as a payment method but however there are miles to go as some countries still have ban on cryptocurrencies. 

So be patient, the golden period of cryptocurrencies is about to come. Till then, stay gossipy and tuned to Top10 gossips for more such type of gossips. 

Queries Included:-

What is Cryptocurrency?
How to buy Cryptocurrency?
What Cryptocurrency to buy?
Where to buy Cryptocurrency?
What Cryptocurrency to invest in?


Post a Comment

Comment here to make us better

Previous Post Next Post