The initial cryptocurrency which comes into the existence was Bitcoin which was developed on Blockchain technology and probably it absolutely was presented in 2009 by a mysterious individual Satoshi Nakamoto. At the time publishing that website, 17 million bitcoin had been mined and it is believed that total 21 million bitcoin might be mined. Another most popular cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and difficult forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.

It is preferred to users never to put all money in one cryptocurrency and try to avoid trading at the top of cryptocurrency bubble. It has been seen that price has been instantly slipped down when it's on the peak of the Crypto asset recovery  crypto bubble. Since the cryptocurrency is really a risky market so consumers should invest the total amount which they are able to reduce as there's number get a grip on of any government on cryptocurrency since it is really a decentralized cryptocurrency.

Steve Wozniak, Co-founder of Apple predicted that Bitcoin is really a real silver and it will dominate all the currencies like USD, EUR, INR, and ASD in potential and become world wide currency in coming years. Bitcoin was the first cryptocurrency which arrived to living and thereafter about 1600+ cryptocurrencies has been introduced with some special function for every single coin.

Some of the factors which I have observed and wish to share, cryptocurrencies have now been produced on the decentralized program - therefore people don't involve a third party to move cryptocurrency from one destination to some other one, unlike fiat currency wherever a consumer need a platform like Bank to move money from one bill to another. Cryptocurrency created on a very secure blockchain technology and nearly nil chance to crack and take your cryptocurrencies and soon you don't reveal your some critical information.