Shams17

Most of the governments are afraid to loose control of their power by approving crypto currencies as it has limited supply and can't be produce in thin air just like traditional fiat currencies. So, we can expect within next 5 years government will legalize crypto with some strict regulations and charge a good amount tax for crypto holding.I don't think government have any rules against crypto. Crypto benefits a country in economy, crypto is useful for the country. Crypto have some rules of their own for users.

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.[1][2][3] Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.[4] The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.[5] Bitcoin, first released as open-source software in 2009, is generally considered the first decentralized cryptocurrency.[6] Since the release of bitcoin, over 6,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created.

At the end of the day, cryptocurrencies are a highly speculative asset class which can increase and decrease in price at any given moment. Volatility is king in the altcoin market, but this volatility is a great way to increase your holdings and potentially make some good profits. In this article, I will discuss three reasons why you should take advantage of the upcoming altcoin season and some techniques you could try out. As always, the views in this article should not be considered financial advisement. The volatility of the crypto markets means money can easily be lost. Never invest more than you can afford to lose.

If you want to save big money, the best option is hardware wallets, they are offline and very very secure. But never forget that if anything happens to this exchange, your entire portfolio will be lost.But we do know that many of the big exchanges like Binance, Jobit and others have protection or even reimbursement arrangements - the latest bailout case. However all care is slight. Never forget to enable all security settings

We use cookies to enable essential services and functionality on our site, to enhance your browsing experience, to provide a better service through personalized content, and to collect data on how visitors interact with our site. To accept the use of cookies and continue on to the site, click "Accept all Cookies", or you can make changes to your cookie preferences by clicking "Cookie Settings". For more information about our use of cookies and to opt-out of cookies at any time, please refer to our website Privacy Policy.

The first step–and possibly the least fun step–is to evaluate your expenses. Hey, if you want to dive into cryptocurrency full-time, you’ve got to figure out how much money you’ll need to earn. That means understanding your present budget.