Cryptocurrencies have made a firm but slow entry into the market. We live in a time when the traditional currency is in transition and is changing from cash to numbers on the screen. With the development of technology, money transfers are easy and fast and, of course, it has attracted interest in other alternative currencies.

Last year, the gaze was tightly on bitcoin. If the cryptocurrency was not familiar to you before, the news about it could no longer be avoided. In just over a month, the value of the currency rose momentarily by as much as 25,000 euros.

The hustle and bustle around bitcoins is slowly increasing as the value of the currency is forecast to rise again to record levels. Thus, more and more people interested only in cryptocurrencies at the level of thought have made their first investment and become acquainted with currency trading on an experimental basis.

A new generation of money

Thanks to the advancement of technology, services are just a few clicks away from us. Take gaming on a gaming site like Kazoom Casino as an example. You can enjoy casino games with just a few clicks and when good luck hits you, you get your winnings just as quickly.

If, on the other hand, there is talk of cryptocurrency, it has been introduced on a daily basis, especially by female players over the age of 21. The interest in different currencies or currency trading is no wonder. There is no need to go back too much in time, when banking matters were handled by a queuing office and the handling of things was considerably more complicated.

Today, you can easily buy or sell cryptocurrency from a company on the other side of the world. This alternative currency shows the direction in which all currencies will look in the future. Despite the fact that the value of the currency still fluctuates unpredictably, cryptocurrencies have established themselves in the market.

Who owns the most bitcoins?

Today, there are over 5,000 cryptocurrencies on the market, but by far the best known of these are bitcoins. So far, however, only one country has accepted bitcoins as an official currency and other cryptocurrencies cannot be considered an official currency at all. Nevertheless, over the past year, more than 800% more has been invested in these currencies than before.

The best-known owners have been Binance, Bitfenix, Microstrategy and Tesla, for example. There have been a few success stories among Finns as well, but most holders of cryptocurrencies can still be found in other countries:

• Intiassa 100 miljoonaa
• USA 27 miljoonaa
• Venäjällä 13 miljoonaa
• Nigeriassa 13 miljoonaa
• Brasiliassa 10 miljoonaa

What fascinates you about cryptocurrency?

Investing in your currency can be compared to a round of Vegas overnight. The value of the currency is constantly changing and its future is almost impossible to estimate. The best known of the cryptocurrencies is Bitcoin and when we look at the market value during the year, the change has been huge.

A year ago, bitcoin was sold for around € 22,300 and today’s value varies around € 42,300. During this time, the value of the currency has sailed between 25,300 and 60,000 euros. From this alone, anyone can conclude that investing in it is a gamble.

Then invest your capital in stocks or currency so you always have your own risks. Equity investing is very boring for many because changes are slower and market developments are easier to predict. The cryptocurrency, on the other hand, is attracting investors because of the tension on offer.

You can never know how its value will change over the next hour. The risks are higher, but it is ready to take, because with good luck, the investment can be turned into your own profit in a very short time. The cryptocurrency currency market is never boring because sudden changes in one direction and another are constantly happening.

Source: Plato Data Intelligence: PlatoData.io