The Future of Cryptocurrency in 2018 and Beyond
Where surging price of Bitcoin motivating investors to invest into it, the same one question is automatic arising, what will be the future of Crypto currencies in upcoming years? Literally, it is a million dollar question, which every investor wants to know. If we look the present scenario, then Bitcoin is creating bustle in the market, its fluctuation is affecting token sales in the business and making investors surprise. Veteran mathematician and statistician are trying to understand its concept;likewise some countries are considering about its regulation.
The future of Cryptocurrency:
If we talk about India, then government is still considering about its regulation. Recently Indian Income tax department did a survey on the Leading Bitcoin exchange agency like ZebPay and Unicorn; thereafter they slammed notices to over 500 k Bitcoin traders. If we try to understand it, then it is getting very clear that Government wants tax from traders and very soon Indian income tax department will form a cryptocurrency tax law. This mean the future of Cryptocurrency in India is safe; you have to be honest while paying tax and you can leverage the power of cryptocurrency.
If we talk about rest of the world and leave the European countries, then story is not very different. China banned the Bitcoin, but later lifts the ban. Recently South Korea Banned it. So there is some kind of uncertainty and its future depends on its circulation and demand of the market. However, a cryptocurrency that aspires to become part of the mainstream financial system may have to satisfy widely divergent criteria. To avoid fraud and hacker, it should be mathematically complex and also easy thereby consumer can understand it without any hassle. It may also possible that, in upcoming years most popular crypto currencies can become part of mainstream financial system.
Should you invest in crypto currencies?
Well, then answer of this question is very simple, investors have to open their five senses about crypto market. They should know the risk associated with it, since the market is volatile so start with minimum amount and research the market thoroughly. This is the good way to start your career in the crypto market.
About Coin Market Plus:
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