The skyrocketing rise in cryptocurrency value is shaking up the financial markets. Emerging over the last decade and poised as the asset class of the future, cryptocurrency provides a new system of transactions, which offers exciting prospects for live trading.
The crypto markets are young and highly volatile. That’s why risk management is of paramount importance for traders who wish to participate in this fast-paced trading environment. The second key difference is that cryptocurrencies are immune to monetary inflation.
Bitcoin, Litecoin, and Ethereum proved to have great potential for investment and speculation, due to their high volatility and dramatic price moves.
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