HFA Icon

Why Do Cryptocurrencies Keep Crashing?

HFA Padded
Guest Post
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

What is cryptocurrency? and why does there seem to be daily stories about an Ethereum cryptocurrency crash

The cryptocurrency market is a newly-emerging and promising one for investors from any field. Basically, a cryptocurrency is a currency that exists only online, and is used to buy things or services on the internet. Cryptocurrencies use files instead of paper bills or coins, and every operation that has been carried out with this file is automatically encrypted in it. As a result, every bitcoin or ether (the two major cryptocurrencies at present) carries all the information about transactions which were carried out with it. Encryption disables copying or counterfeit because the system knows where the coin was used last and where...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

If you are interested in contributing to Hedge Fund Alpha on a regular or one time basis read this post