Cryptocurrency has become a popular supplementary source of income and for some, a full-fledged profession. These digital assets have been reshaping the financial landscape, showing no signs of deceleration. Bankrate reports that over 21,000 distinct cryptocurrencies have emerged since the inception of Bitcoin in 2009. While many may be enticed by stories of success in the crypto world, it is critical to be aware of both the benefits and drawbacks before entering the realm of cryptocurrency investment. What is Cryptocurrency? Cryptocurrency is a type of virtual or digital currency and is primarily used to make safe online transactions using encryption …
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