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Altcoin in general refers to alternate cryptocurrency..Apart from bitcoin,there are numerous cryptocurrency you should also consider investing..Today im going to highlight a list of altcoin that are closely related to bitcoin and which are worth investing..

1.Etherium
Yes the first on our list is etherium..
Why Etherium
Etherium also functions more like bitcoin..etherium is a cryptocurrency just like any other..If you are considering to invest in any altcoin,then i guess etherium is a better choice..Just like bitcoin, etherium is also decentralized (meaning it is not controlled by the government),you can buy and sell it and it can also be traded for other cryptocurrency..
Features:
Price-The price of etherium as of writing is less than $300 which in due time will spike up above $1000.which is also why i consider it one of the most reliable cryptocurrency.
Transactions-Etherium performs it transaction in second which is why it is one of the most reliable altcoin.
Mining-Just like bitcoin which can also be mined, etherium can also be mined.
In addition to these, etherium is considered the second most popular cryptocurrency and having a market cap of more than $30billion as of writing.In a nutshell,i will say etherium is one of the best altcoin you should consider investing..

2.Dashcoin

Following it successor etherium,i will say dashcoin is also a great altcoin you should also consider investing..The price of dashcoin as of writing
is less than $300 Which is close enough to etherium.Dashcoin is also one of the top cryptocurrency you should also invest in the sense that:
1.Huge profit return:Just like etherium,going back to the year 2017,the price of dashcoin was more than $1000 which in due time will bounce back.
2.Fully decentralized
3.Fast transaction..etc
Dashcoin is also provides a lot more of opportunity than just the highlight above..In my own opinion,Investing in dashcoin is also one of the safest and best investment plan you should consider.

3.Litecoin

Why i coinsider litecoin as also a good cryptocurrency is that it is closely related to dashcoin and etherium..It also provide opportunity such as flexible transaction,it can also be mined,stable price and low volatility..I addition to these,the price of litecoin is less than $100 as of writing which in due time will hit more than $100-$200..If you are also thinking of investing in cryptocurrency,then i guess litecoin is also a good choice.

4.Ripple

Ripple is also one of my best choice because of it low price and it is also a promising coin..Ripple is also a good cryptocurrency because it also provides some features just like mining,speed of transaction and it low transaction fees..I would say ripple is one of the cheapest coin to invest in now which will yield huge profit in return..I also consider it also a good cryptocurrency because of it stable price and it low volatility..The price of ripple is less than a dollar and just little investment can get you a fortune..I will say ripple is one the best cryptocurrency you should consider investing..

5.Dogecoin

Lastly,the last on our list is dogecoin..In a nutshell,i will say dogecoin is one of the super cheap cryptocurrency you can get..The price of dogecoin as of writing is more or less than $0.003 according to coinmarketcap.To cut short the long talk,i will say dogecoin also offers a lot more features just like ripple and other cryptocurrency..One of it features is the low transaction fees.. Dogecoin just like other cryptocurrency can also be used to buy, sell and trade..

In contrast to these,there are a lot more of cryptocurrency out there..
P.S These are just my opinion though..But there are a wide range of good cryptocurrency out there..for more info you can also visit coinmarketcap.com for more info..

But If you think these post was helpful,and you are considering Investing in one of the above altcoin..Then i will say you have made the right decision..If you have any question,kindly comment...Bye for now
source: [url][/url]crypto4beginners..com
Find more details [url][/url]https://crypto4beginners..com/2018/09/top-5-best-altcoin-you-should-invest.html

Get started with cryptocurrency now.. Cryptocurrency is the future.. visit crypto4beginners..com for more info

The term cryptocurrency is made up of two keywords namely crypto meaning hidden or secret while currency which is a term used also as money..Adding these two words, cryptocurrency refers to hidden or secretmoney..But cryptocurrency is mich more than a hidden-money.Infact that not a suitable way to define cryptocurrency.There are so many definition to cryptocurrency,But as a beginner i would say cryptocurrency refers to internet money..Just as the world is revolutionalizing everyday,there have been a increasing demands on how to solve issues like:
*Speed of transaction
*no government regulation
*A system where you can control your money and etc..
Which are one of the attribute of cryptocurrency..
To understand cryptocurrency fully,you have to know first what a reserved currency is;
What is a reserved currency
In a beginners language,a reserved currency is a currency which is generally accepted or used as transaction unit globally..As of writing,the us dollars is the most generally accepted currency worldwide..
Could cryptocurrency be a reserved currency
I would say yes but it might require the agreement of other countries..
Unlike the paper money e.g us dollars,pounds,euros and so on which are controlled by the government.. cryptocurrency is controlled by no one which is one of its advantage..
Who controls the price of the crypto market
The first cryptocurrency known as bitcoin was priced at $0.5..As of writing the price of one bitcoin is priced at more than $6000 as of writing..which brings us to the question on who controls the price..
The price of cryptocurrency depends on:
1.How much have been invested on that coin and how much of that coin is been distributed..
2.The demands for it to solve technical problems.
3.The actions of government policies and companies to regulate the price..
4.Solely on how much of the coin you are storing..
5.And how much of the coins is been traded..
How does cryptocurrency works
Cryptocurrency makes use of technology called blockchain..In a nutshell,permit me to explain the blockchain network.
What is Blockchain technology
A blockchain is an open, decentralized ledger that can record transactions between two parties efficiently in a verifiable and permanent way without the need for a central authority. The key qualities of this distributed ledger is a time-stamped record of the transaction, speed, transparency (ledger is public), and decentralization (the ledger exists on the network and can be validated by computers in the network, often referred to as nodes).
Blockchain technology has been hailed as revolutionary and can dramatically lower cost, increase speed, and present transparency of all transactions. Take, for instance, a typical stock purchase or bank wire transaction. The transaction can be executed in minutes but the settlement — the ownership transfer of the stock or funds — takes a few business days. This is because the parties have no access to each other ledgers and therefore can not automatically verify that the assets are in fact owned and can be transferred. A number of intermediaries (i.e. banks, escrow, credit card companies) act as guarantors of assets as the transaction is verified and the ledgers are individually updated. On the other hand, blockchain transactions reside on a public ledger and are not controlled by a central authority. Decentralizing control removes the need for intermediaries and middle-men. As a result, these transactions can be executed and settled between both parties in minute with verification that is transparent, public, and validated by the network itself. Whether an emergency or just a normal transaction, this is particularly advantageous where the transfer and reciept of funds are required immediately. While this is just one example, these benefits will collectively alter existing business processes, disrupt industries, and create new business models; similarly as the Internet did during the digital revolution.
Governments, financial institutions, non-profits, etc. are going to experience a radical change as entrepreneurs seek alternative solutions to disrupt and relinquish control of single governing bodies.
Benefit of Decentralization:
1.Consensus — decentralization ensures a distributed model where the participants are the collective owners and decision makers of the network or organization. Thus ruling out any single authority, leader, or ruler.
2.Collusion resistance — decentralized systems protect collusion and prevent participants to act in ways that benefit them at the expense of others in the network or organization (as opposed to the central leadership of corporations and governments that collude in ways that benefit themselves but harm the citizens, customers, employees, and the general public.
3.Fault tolerance and attack resistance — decentralized systems are more expensive to attack, destroy, manipulate, or fail because they lack a single point of failure.
4:cheat-proof:which is one of the advantage of blockchain

while we are still early, we are already experiencing the benefits of this technology and its principles. For example, Bitcoin itself has carved itself a place as a financial asset built upon blockchain technology. Thus resulting in a millions of transactions the crypto market a day and achieving a market cap of approximately more than $200bn as at the time of this writing. I truly believe that we are only on the cusp of a new revolution that will be driven by blockchain technology and decentralization. Therefore,i urge you to learn more about.
While still early, we are already experiencing the benefits of this technology and its principles. For example, Bitcoin itself has carved itself a place as a financial asset built upon blockchain technology. Thus resulting in a millions of transactions a day and achieving a market cap of approximately more than $200bn as at the time of this writing. I truly believe that we are only on the cusp of a new revolution that will be driven by blockchain technology and decentralization. Therefore,i urge you to learn more about how to leverage it to make impact,rather than making it have impact on you.

In due time,im going to highlight some important terms in cryptocurrency..I hope you enjoyed reading these article...Bye for now.
source:https://crypto4beginners..com/2018/08/beginners-guidewhat-is-cryptocurrency.html