↘️The blossom of such cryptocurrencies as Bitcoin, Ethereum, Litecoin together with the increase by hundreds of times in many cryptocurrencies' price in 2017 has made crypto an attractive and potential market as well as drawn the attention of investors, big investment funds and individuals. Data at the end of 2017 showed that Bitcoin and ETH prices had increased by 20 ad 120 times respectively. Many other coins also witnessed a bound in price for a short period of time.
↘️It is the fast, great and unpredictable increase in price (up to 50-100 times/day) that attracts the crypto investors. In contrast, it can also plunge quickly, by up to 50-80% of value compared to that in the previous day. The investors view it as a promising field to make an investment in because high risk score means high chance of big profit.
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Crypto investmenthas become a trend. There is a great and dramatically increasing number of investors in this niche, calling for a notable volume of capital invested to earn profits, hold digital assets with a great number of matched transactions and record transaction volume per day. There was the time when Bitcoin price reached the peak at $20,000 then plunged to below $15,000.
↘️Research and evaluation by leading experts in the world shows that 2018 will be another promising year for cryptocurrency with the participation of more cryptos as well as individual investors and investment funds in this market
NilecoinTeam