Since 2009, cryptocurrencies have changed the rules of the global financial game. A decade ago, the issue, exchange, and use of digital money without the intervention of a centralized bank was a dream for the financial industry. That dream came true faster than anyone could have predicted. The global penetration of the World Wide Web works as an accelerator to the acceptance of every new technology that aims to serve the emerging needs of people. This is the ultimate goal of every technology, to better meet the needs of people, and nothing else matters.
There are many academics considering cryptocurrencies as a bubble ready to burst, paying a lifetime lesson to everyone involved. These academics simply cannot understand the magnitude of the financial revolution emerging from cryptography. It should be irrelevant for academics if the price of Bitcoin moves from $20,000 to $3,000 and then back to $20,000. What really matters is the technology behind the cryptocurrency ecosystem.
Actually, cryptocurrencies themselves are just a simple application of the Blockchain technology, just the top of the iceberg. Cryptography, Scalable Blockchain, Smart Contracts, Smart Assets, Decentralized Apps, Directed Acyclic Graph, and other technologies are here to stay, and promise to change our financial universe for good.
Nevertheless, from a trader’s point of view, price matters, and this ebook includes a wide variety of useful resources and tips in order to help traders understand the behavior of the cryptocurrency market and explain the extreme fluctuations of cryptocurrency asset prices.
As in the case of every other major revolution, there are many scammers in the crypto industry, who are trying to take advantage of the lack of regulation and make money by deceiving the public. The World Wide Web includes a great variety of website resources and especially forums that may help cryptocurrency traders to avoid these scammers.
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