The very first cryptocurrency which has the existence was Bitcoin that was developed on Blockchain engineering and probably it had been presented in 2009 by a mysterious individual Satoshi Nakamoto. At the time publishing this website, 17 million bitcoin have been mined and it's believed that whole 21 million bitcoin could be mined. Another hottest cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and difficult forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.

It is preferred to users not to set all profit one cryptocurrency and avoid trading at the maximum of cryptocurrency bubble. It's been seen that value has been abruptly dropped down when it is on the top of the crypto bubble. Because the cryptocurrency is a unpredictable market so consumers should spend the amount which they are able to reduce as there is no control of any government on cryptocurrency because it is a decentralized cryptocurrency.

Bob Wozniak, Co-founder of Apple believed that Bitcoin is a actual gold and it will take control all of the currencies like USD, EUR, INR, and ASD in potential and become global currency in coming years. Bitcoin was the initial cryptocurrency which came into living and afterwards around 1600+ cryptocurrencies has been presented with some distinctive function for every single coin.

A number of the factors which I have observed and wish to share, cryptocurrencies have now been created on the decentralized program - therefore users don't need a 3rd party to transfer cryptocurrency in one destination to a different one, unlike fiat currency where a consumer desire a platform like Bank to move money from one account to another. Cryptocurrency developed on an extremely safe blockchain technology and very nearly nil opportunity to crack and take your cryptocurrencies and soon you don't share your some important information.