{"id":139415,"date":"2018-12-26T14:32:20","date_gmt":"2018-12-26T19:32:20","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=139415"},"modified":"2018-12-26T14:32:20","modified_gmt":"2018-12-26T19:32:20","slug":"cryptocurrency-what-are-your-options","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/12\/cryptocurrency-what-are-your-options\/","title":{"rendered":"Cryptocurrency: What are your options?"},"content":{"rendered":"<div id=\"inves-2157251668\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">December 26, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><div class=\"content\"><a title=\"Cryptocurrency: What are your options?\" href=\"https:\/\/www.hoganinjury.com\/cryptocurrency-what-are-your-options\/\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/hoganinjury-wpengine.netdna-ssl.com\/wp-content\/uploads\/2018\/06\/crypto-options-1024x631.jpeg\" \/><\/a><a href=\"https:\/\/www.pexels.com\/photo\/ripple-etehereum-and-bitcoin-and-micro-sdhc-card-844124\/\" target=\"_blank\" rel=\"noopener\">Image Source<\/a><\/p>\n<p>Since its development in 2009,<a href=\"https:\/\/www.hoganinjury.com\/bitcoin-and-its-possible-impact-on-insurance\/\" target=\"_blank\" rel=\"noopener\"> cryptocurrency<\/a> has been in the financial space as both a threat and an innovation to the business and economic scene. Budget investors have been swayed by the virtual monetary device that offers anonymity, easy international transactions, and feasibility as an investment instrument.<\/p>\n<p>Its familiarity has bred numerous investors in the market. Their rising number has now been converted to the increased value of crypto coins and the addition of shops that credit virtual currency as payment.<\/p>\n<p><b>Top Cryptocurrencies<\/b><\/p>\n<p>Websites such as CoinMarketCap track cryptocurrencies that are hitting the market and show their current value in dollars. Among the top cryptocurrencies are <a href=\"https:\/\/www.hoganinjury.com\/bitcoin-and-cryptocurrency-litigation\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>, Ethereum, and Litecoin.<\/p>\n<ul>\n<li><b>Bitcoin (BTC).<\/b> It remains to be the most popular form of cryptocurrencies. Bitcoin price is at $6,573.69 per coin. Bitcoin\u2019s decentralized nature paved the way for more cryptocurrencies to enter the market. It continues to be on top of the list of the best cryptocurrencies, not only because of its pioneer identity but also because of its increasing market cap in the virtual financial world.<\/li>\n<li><b>Ethereum (ETC)<\/b>. Bitcoin\u2019s second closest cryptocurrency competitor, <a href=\"http:\/\/coinsandcrypto.com\/what-is-ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>, lingers at $506.94 per coin and it prides itself in the processing of smart contracts. This cryptocurrency started out as a tool to monetize applications in the Ethereum network. Budget investors are urged to look into its ability to allow the creation of distributed applications without interference from another party. The ETC is also popular among initial coin offerings (ICOs), an aid for startup crypto junkies.<\/li>\n<li><b>Litecoin (LTC)<\/b>. Often considered as Bitcoin\u2019s clone, Litecoin is at $98.07 per coin. Familiarity is one of the assets that Litecoin has to offer to its investors since it is one of the oldest cryptocurrencies in the market. Since 2011, its fast transaction speed and close connection to Bitcoin continue to be its premium quality.<\/li>\n<\/ul>\n<p><b>Cheapest Cryptocurrencies<\/b><\/p><div id=\"inves-30022046\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>For budget investors, here are a few of the cheapest cryptocurrencies in the market now:<\/p>\n<ul>\n<li>Bitshare (BTS), currently trading at $0.086510, with an all-time high of $0.40.<\/li>\n<li>Lykke (LKK), trading at $0.36, with an expected price of $1.50 to $2.3.<\/li>\n<li>Verge (XVG), recommended for long-term portfolio addition as it trades at $0.006560.<\/li>\n<li>Digibyte (DGB), trading at $0.008941 with its highest point being $0.06<\/li>\n<li>SiaCoin (SC), trading at $0.000046<\/li>\n<\/ul>\n<p><b>Protection from scams and fraud<\/b><\/p>\n<p>As discussed in our previous article,<a href=\"https:\/\/www.hoganinjury.com\/bitcoin-and-other-cryptocurrencies-time-to-regulate\/\" target=\"_blank\" rel=\"noopener\"> Bitcoin and other Cryptocurrencies: Time to Regulate<\/a>, US regulators have started to find ways to address the irregularities that surround cryptocurrencies and protect the public from scams and <a href=\"https:\/\/www.hoganinjury.com\/financial-fraud\/\" target=\"_blank\" rel=\"noopener\">fraudulent activities<\/a>.<\/p>\n<p>Investors themselves must also take necessary <a href=\"https:\/\/www.hoganinjury.com\/cybersecurity-securing-personal-information\/\" target=\"_blank\" rel=\"noopener\">precautions<\/a> before investing in cryptocurrency. For starters, investors should research the concept of the blockchain, which serves as the facilitator for the financial transactions involving cryptocurrency. Transactions could revolve around financial contracts, real estate deeds, personal identification, bank transfers, and also insurance. After doing the necessary research on the blockchain, investors should also be mindful of<a href=\"https:\/\/www.hoganinjury.com\/bitcoin-and-cryptocurrency-litigation\/\" target=\"_blank\" rel=\"noopener\"> ICOs.<\/a> This type of networked funding, which is usually done to gather capital for startup companies, often turns out as fraudulent. Investors should take the time to know where they put their coins as one of the cryptocurrency\u2019s disadvantages is its confusing nature. Its popularity often sways newbies into thinking that unrealistic amounts of money can be obtained in just a short investment span.<\/p>\n<p><a href=\"http:\/\/www.hoganinjury.com\/ask-a-lawyer\" target=\"_blank\" rel=\"noopener\">Contact us at Hogan Injury<\/a> for expert legal advice.<\/p>\n<p><i>None of the content on <\/i><a href=\"http:\/\/www.hoganinjury.com\/\" target=\"_blank\" rel=\"noopener\"><i>Hoganinjury.com<\/i><\/a><i> is legal advice nor is it a replacement for advice from a certified lawyer. Please consult a legal professional for further information.<\/i><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image Source Since its development in 2009, cryptocurrency has been in the financial space as both a threat and an innovation to the business and economic scene. Budget investors have been swayed by the virtual monetary device that offers anonymity, easy international transactions, and feasibility as an investment instrument. Its familiarity has bred numerous investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-139415","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=139415"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139415\/revisions"}],"predecessor-version":[{"id":139416,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/139415\/revisions\/139416"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=139415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=139415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=139415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}