The Latest Trends to Watch in Cloud Computing in 2020

The use of cloud computing has become commonplace in today’s corporate industry. Almost everyone has heard of it, and the benefits are wide and wide – it saves costs, increases efficiency, helps get things done faster, and more. The results of various market studies conducted over time have shown that cloud computing by businesses and tech houses is bound to increase in the coming years.

There have been some notable changes in cloud computing so far, and it will be important for businesses to consider them when investing their time and capital in cloud computing.

Quantum computing-

Quantum computing is literally transforming tasks that once took hours to now take exponentially less time, seconds to be precise. This means that now computers and servers will process information much faster than usual and will soon increase network speed. It should be remembered that modern networks are based on cloud computing, which means that significant technological changes in cloud computing will definitely occur due to the development of quantum computing.

Using Blockchain

Blockchain technology has led to the development of faster network systems. Many businesses, especially FinTech powerhouses, have increased the use of blockchain in cryptocurrency analysis and validation. Underlying all of this is cloud computing, which has the potential to take place in crypto-trading, initial coin offerings, among other things.

Increasing digital literacy-

As the newer workforce enters the workforce over time, we see them become more familiar with the technological advancements of newer technologies, especially cloud computing. By doing so, companies will see that there are two types of workers – the technologically advanced and the non-technologically advanced. Companies will have to conduct various training programs and inductions to ensure that the older generation is digitally savvy.

Mobility of workers –

A trend that correlates with the increasing digital knowledge among workers is soon catching up with newer workers, which is related to worker mobility and their jobs. With cloud computing, employees don’t need to be in their offices and cubicles every time they work. They can work and get the job done from anywhere, on any device. No company will carry loyal employees that doesn’t offer them mobility.

Edge Computing –

Edge computing means “bringing computation closer to the data source.” Thanks to this, the connection between the network and the data source is significantly minimized, the calculation speed increases and the costs are significantly reduced. How does this happen? Can calculate. Such technology is used in modern devices such as smart refrigerators, smart speakers, cars, etc. is used and this is only possible thanks to cloud computing.

AI (Artificial Intelligence): The New Invention –

Artificial intelligence is considered the future of digital automation. The automation possibilities it offered companies surprised even the most optimistic people, and even with its criticisms, people began to understand how useful artificial intelligence could be. With artificial intelligence, we are expected to see an increase in devices that use edge computing, meaning that it is solely based on cloud computing. Artificial intelligence is something every business should be looking for.

Serverless Computing-

It is a newly developed cloud computing model where a dynamic backend system helps you scale your usage up and down depending on the usage of your application or service instead of using predefined servers. This technology is also considered to be a futuristic technology supported by people like Microsoft CEO Satya Nadella. You will gradually see the rise of open source serverless computing service providers, thus reducing the need for you to tie up with server providers for their services.

Data Center Ecosystem-

By combining the power of machine learning, cloud computing and data processing with quantum computing, we will soon see software transform from a subscription-based commodity to a service, easily consumed by companies and business houses. technologies. In this way, we will see that project completion time will be reduced, costs will be reduced and unnecessary processes will be reduced. It could be seen that the way data is viewed today will be revolutionized based on cloud computing technology.

In conclusion, the current advances in cloud computing are just a glimpse of what lies ahead. It’s just a base. Above all, it will be many new innovations and technologies that will revolutionize everything we do.

Cryptocurrency – Be Aware

Cryptocurrencies seem to be the hottest investment products around. Listen to any conversation your friend has, it’s about bitcoins. All workplace conversations are also about virtual currencies. The buzz about online chat rooms is also about cryptocurrency these days. Thanks to the growing popularity of these virtual currencies, a silent economic revolution is taking place.

It goes without saying that if you want to make it big in the world of bitcoins, then you need to have a nose for news. Now that you’ve narrowed down your list to a few cryptocurrencies, you’ll need to analyze and decide which one has a higher and faster trading potential than the others. That’s why you should keep watching the news. You will scan for information on blockchain trends from various sources. Few business channels are devoting special time to these trends these days.

Another potential source of information can be those who are involved in virtual currency trading. Get to know a few of them who are very good at trading and pick their brains for valuable information. The Internet is a great tool for contacting such professionals. You can find them in online forums. Keep in touch with them regularly. Likewise, you can subscribe to websites that specialize in cryptocurrency trading. With this, you can be sure that you will not miss any important news.

Good sources of information about cryptocurrencies can be obtained from various organizations. They offer a lot of information about the blockchain ecosystem. The website of this organization provides extremely detailed information about digital currencies.

Keeping your coins safe

Security is another important thing when you are dealing with cryptocurrency. Because you need to create and use multiple passwords for different accounts, it is recommended that you use a password manager. Make sure you use a strong antivirus on your computer. A good firewall is also mandatory to ensure perfect security of your data and online transactions.

Another important thing to watch out for is to never reveal how much you trade in cryptocurrencies online. This is true both offline and online. You should also not make the mistake of clicking on someone’s links in crypto groups. You can easily download a virus to your computer. Most of the pages in these groups are known to contain viruses.

Practical tips on trading cryptocurrencies

For some time now, I have been closely watching the performance of cryptocurrencies to get a feel for where the market is headed. The routine my elementary school teacher taught me – where you wake up, pray, brush your teeth and eat breakfast – has changed to waking up a bit, praying and then going online (starting with coinmarketcap). Red.

The beginning of 2018 has not been kind to altcoins and related assets. Their performance has been crippled by bankers’ frequent speculation that the cryptocurrency bubble is about to burst. Despite this, ardent crypto-watchers are still HODLing and, truth be told, reaping big.

Bitcoin recently dropped to almost $5,000; Bitcoin Cash approached $500, while Ethereum found peace at $300. Almost every coin was a hit except for the newcomers who were still in the excitement phase. As of this writing, Bitcoin is back on sale at $8,900. Many other cryptocurrencies have doubled since the start of the uptrend, with market capitalization ranging from $250 billion to $400 billion.

If you are slowly getting used to cryptocurrencies and want to become a successful trader, the following tips will help you.

Practical tips on trading cryptocurrencies

• Start with humility

You’ve already heard that cryptocurrency prices are skyrocketing. You’ve probably already heard that this bullish trend won’t last long. Some opponents, mostly respected bankers and economists, continue to call them get-rich-quick schemes with no solid foundation.

Such news will not make you rush to invest and apply moderation. A little analysis of market trends and currencies worth investing in can guarantee you good returns. Whatever you do, don’t invest all of your hard-earned money in these assets.

• Understand how exchanges work

I recently saw a friend of mine post a Facebook feed about one of his friends who was trading in an exchange, he had no idea how it worked. This is a dangerous move. Always review the site you want to use before signing up, or at least before starting to trade. If they provide a dummy account to play with, then take this opportunity to see what the scoreboard looks like.

• Don’t insist on trading everything

There are over 1,400 cryptocurrencies available for trading, but it’s impossible to deal with all of them. Spreading your portfolio across more cryptocurrencies than you can effectively manage will minimize your profits. Just pick a few of them, read more about them and how to get their trading signals.

• Stay alert

Cryptocurrencies are volatile. This is both their bane and blessing. As a trader, you must understand that wild price swings are inevitable. Uncertainty about when to make a move makes one an ineffective trader. Use hard data and other research methods to make sure when to trade.

Successful traders belong to various online forums where cryptocurrency discussions are held regarding market trends and signals. Of course, your knowledge may be sufficient, but you should rely on other traders for more relevant information.

• Diversify meaningfully

Almost everyone will tell you to expand your portfolio, but no one will remind you to deal with currencies used in the real world. There are a few bad coins you can deal with to make a quick buck, but the best cryptocurrencies to deal with are the ones that solve the existing problems. Coins used in the real world tend to be less volatile.

Don’t diversify too early or too late. Make sure you know the market cap, price changes and daily trading volume of any crypto-asset before making the move to buy it. Maintaining a healthy portfolio is the way to reap big profits from these digital assets.

Analysis of the cryptocurrency market

Cryptocurrency has been around for a while and there are many articles and articles about the basics of Cryptocurrency. Cryptocurrency has not only flourished, but also opened up as a new and reliable opportunity for investors. The cryptocurrency market is still young, but mature enough to shed the right amount of data for analysis and predict trends. Although considered to be the most volatile market and a huge gamble as an investment, it has now become predictable to a certain point and Bitcoin futures are proof of that. Many of the concepts of the stock market have now been applied to the cryptocurrency market with some variations and modifications. This proves to us that many people are embracing the Cryptocurrency market every day and more than 500 million investors are currently involved. Although the total market capitalization of the cryptocurrency market is $286.14 billion, which is about 1/65th of the stock market at the time of writing, the market potential is very high given its success despite its age and the presence of already established financial markets. The reason for this is none other than the fact that people are starting to believe in technology and products that support cryptocurrency. It also means that the crypto technology has proven itself and companies have agreed to put their assets into cryptocurrency in the form of coins or tokens. With the success of Bitcoin, the concept of cryptocurrency has succeeded. Previously the only Cryptocurrency, bitcoin now contributes only 37.6% to the total Cryptocurrency market. The reason is the emergence of new Cryptocurrencies and the success of projects that support them. This does not indicate that Bitcoin has failed, in fact Bitcoin’s market capitalization has increased, but rather that the cryptocurrency market as a whole is expanding.

These facts are enough to prove the success of Cryptocurrencies and their market. And in fact, investing in the Crypto market is now considered as safe as some investing in a retirement plan. Therefore, we need tools to analyze the crypto market. There are many such tools that allow you to analyze this market in a similar way to the stock market that provides similar metrics. Including coin market cap, coin chaser, crypto and investment. Although we think these metrics are simple, they provide important information about the cryptocurrency under consideration. For example, a high market cap indicates a strong project, a high 24-hour volume indicates a high demand, and a circulating supply indicates the total amount of a cryptocurrency’s coins in circulation. Another important indicator is the volatility of cryptocurrency. Volatility is how much the price of a cryptocurrency changes. The cryptocurrency market is considered to be very volatile, cashing out at a time can bring huge profits or pull your hair out. So what we are looking for is a cryptocurrency that is stable enough to give us time to make a calculated decision. Currencies such as Bitcoin, Ethereum and Ethereum-classic (not particularly) are considered stable. Being stable, they should be strong enough not to become invalid or simply cease to exist in the market. These features make cryptocurrency reliable and the most reliable Cryptocurrencies are used as a form of liquidity.

When it comes to the cryptocurrency market, volatility goes hand in hand, but so does its most important feature, which is decentralization. The cryptocurrency market is decentralized, which means that a price drop in one cryptocurrency does not mean a downward trend in any other cryptocurrency. So it gives us an opportunity in the form of so called mutual funds. This is the concept of managing a portfolio of cryptocurrencies that you invest in. The idea is to spread your investments across multiple Cryptocurrencies to reduce risk if any cryptocurrency starts with a bear.

Similar to this concept is the concept of Indices in the cryptocurrency market. Indices provide a standard reference point for the market as a whole. The idea is to choose the best currencies in the market and spread the investment between them. These selected cryptocurrencies change if the index is dynamic and only considers the best currencies. For example, if currency ‘X’ falls to the 11th position in the cryptocurrency market, the index that considers the top 10 currencies will now not consider currency ‘X’, but instead will start considering currency ‘Y’, which took its place. Some providers like cci30 and crypto20 have tokenized these Crypto indexes. While this may seem like a good Idea to some, others oppose it because there are some prerequisites for investing in these tokens, such as a minimum investment required. While others like Kryptose provide methodology and index value along with currency components, the investor is free to invest whatever amount he wants and can otherwise choose not to invest in the cryptocurrency included in the index. Thus, indices provide an option to further smooth volatility and reduce the risk involved.

The result

The cryptocurrency market may seem risky at first glance and many may still be skeptical of its authenticity, but the maturity this market has achieved in the short time it has been around is amazing and proof enough for its authenticity. The biggest concern of investors is volatility, which is addressed in the form of indices.

Volatility of Cryptocurrencies, a Profitable Rollercoaster

This year we can see cryptocurrencies move up and down by as much as 15% on a daily basis. Such price changes are known as volatility. But what if… this is completely normal and sudden changes are one of the characteristics of cryptocurrencies that allow for good profits?

First of all, cryptocurrencies have become popular very recently, so all the news and rumors about them are “hot”. After every announcement by government officials to regulate or ban the cryptocurrency market, we see huge price movements.

Second, the nature of cryptocurrencies is more like a “store of value” (as gold used to be) – many investors see them as a backup investment option to physical assets such as stocks, gold and fiat (traditional) currencies. The transfer speed also affects the volatility of the cryptocurrency. With the fastest ones, the transfer even takes a few seconds (up to a minute), which makes them an excellent asset for short-term trading if there is currently no good trend for other asset types.

What everyone should keep in mind is that this speed is also consistent with the lifetime trends of cryptocurrencies. While trends in conventional markets can last for months or even years – here they happen in days or even hours.

This brings us to the next point – although we are talking about a market worth hundreds of billions of dollars, it is still a very small amount compared to the daily trading volume compared to the traditional currency market or stocks. Therefore, a single investor making 100 million transactions on the exchange will not cause a huge price change, but on the scale of the cryptocurrency market, it is a significant and noticeable transaction.

Since cryptocurrencies are digital assets, they are subject to technical and software updates of cryptocurrency features or expansion of blockchain cooperation that make it more attractive to potential investors (for example, the activation of SegWit causes Bitcoin’s value to double).

The combination of these elements affects the price of cryptocurrencies for several hours, days, weeks, etc. are the reasons why we observe such large price changes during

But to answer the question from the first paragraph – one of the classic rules of trading is to buy low, sell high – so having short but strong trends every day (rather than weak trends that last for weeks or months like in stocks) gives you more chances. earning a decent income if used correctly.

Crypto TREND – Fifth Edition

As we expected, after publishing Crypto TREND, we received many questions from readers. In this publication, we will answer the most common one.

What changes are coming that could be game changers in the cryptocurrency sector?

One of the biggest changes that will affect the cryptocurrency world is an alternative block validation method called Proof of Stake (PoS). We’ll try to keep this explanation fairly high-level, but it’s important to have a conceptual understanding of what the difference is and why it’s an important factor.

Remember that the underlying technology with digital currencies is called blockchain, and most existing digital currencies use a validation protocol called Proof of Work (PoW).

With traditional payment methods, you must rely on a third party such as Visa, Interact, or a bank or check clearing house to complete your transaction. These trusts are “centralized,” meaning they maintain private ledgers that store the transaction history and balance of each account. They will show you the transactions and you have to agree that it is correct or start an argument. Only the parties to the transaction see it.

With Bitcoin and most other digital currencies, the ledgers are “decentralized,” meaning everyone on the network gets a copy, so no one has to rely on a third party, such as a bank, because anyone can verify the information directly. This verification process is called “distributed consensus”.

PoW requires “work” to be done to validate a new transaction to be included in the blockchain. With cryptocurrencies, this verification is done by “miners” who have to solve complex algorithmic problems. As algorithmic problems become more complex, these “miners” need more expensive and powerful computers to solve problems ahead of everyone else. “Mining” computers are often specialized, usually using ASIC chips (Application Specific Integrated Circuits), which are more adept and faster at solving these difficult puzzles.

Here is the process:

  • Transactions are collected in a “block”.
  • Miners confirm that transactions within each block are legitimate by solving a hashing algorithm puzzle known as a “proof of work problem.”
  • The first miner to solve a block’s “proof of work problem” is rewarded with a small amount of cryptocurrency.
  • Once confirmed, transactions are stored on a public blockchain across the network.
  • As the number of transactions and miners increases, so does the difficulty of solving hashing problems.

While PoW helps to get blockchain and decentralized, trustless digital currencies off the ground, it has some drawbacks, especially with the amount of electricity these miners are trying to solve “proof of work problems” as quickly as possible. According to Digiconomist’s Bitcoin Energy Consumption Index, Bitcoin miners use more energy than 159 countries, including Ireland. As the price of each bitcoin increases, more and more miners spend more energy trying to solve problems.

All of this energy consumption just to confirm transactions has prompted many in the digital currency space to look for an alternative method of validating blocks, and a leading candidate is a method called “Proof of Court” (PoS).

PoS is still an algorithm and the goal is the same as in proof of work, but the process of achieving the goal is completely different. With PoS there are no miners, instead we have “validators”. PoS is based on trust and the knowledge that all people validating transactions have skin in the game.

This way, instead of using energy to answer PoW puzzles, a PoS validator is limited to validating a percentage of transactions that reflect his ownership stake. For example, a validator that owns 3% of the available Ether can only theoretically validate 3% of the blocks.

Your chances of solving the proof of work problem in PoW depends on how much computing power you have. With PoS, it depends on how much crypto you have. The higher the stake you have, the better your chances of solving the block. Instead of winning crypto coins, the winning approver receives a transaction fee.

Appraisers enter their shares by “locking in” a portion of the stock’s tokens. If they try to do something harmful to the network, such as creating an “invalid block”, their stake or security deposit will be confiscated. If they do their job and don’t break the network, but don’t earn the right to validate the block, they’ll get their stake or deposit back.

Here’s what you need to know if you understand the basic difference between PoW and PoS. Only those who plan to become miners or validators should understand all the intricacies of these two verification methods. Most of the population that wants to own cryptocurrencies will simply buy them through an exchange and not be involved in the actual mining or validation of block transactions.

Most of the crypto sector believes that for digital currencies to survive long-term, digital tokens must move to a PoS model. At the time of writing, Ethereum is the second largest digital currency after Bitcoin, and their development team has been working on a PoS algorithm called “Casper” for the past few years. It is expected that we will see the introduction of Casper in 2018, putting Ethereum ahead of all other major cryptocurrencies.

As we have seen before in this sector, big events like the successful implementation of Casper can significantly increase the price of Ethereum. We will keep you updated in future issues of Crypto TREND.

Stay with us!

Crypto TREND 2017-01

Everyone has heard how Bitcoin and other cryptocurrencies made millionaires who bought them as recently as a year ago. Gains of 1,000% or more are not only possible, they have become common place with many of these cryptocurrencies. Someone who bought Bitcoin for less than $500 in May 2016 would have made a 1400% profit in about 17 months. Then over the past few days, we’ve seen Bitcoin lose nearly $1,000, so to say these cryptocurrencies are volatile would be an understatement.

Since the inception of bitcoin in 2008, we at Trend News have been skeptical about the viability of cryptocurrencies, given that they pose a very clear threat to governments that want to see and tax all transactions. But while we may still be wary of actual cryptocurrencies, we are very aware of the potential of the underlying technology that powers these cryptocurrencies. In fact, we believe that this technology will be a significant disruptor in data management and that it will affect every sector of the global economy in the same way that the internet has affected media.

Here are some questions and answers to get you started…

Q: What are cryptocurrencies?

The most popular cryptocurrency (CC) is BITCOIN. It was the first CC launched in 2008. Today there are over 800 CCs including Ethereum, Litecoin, Dash, Zcash, Ripple, Monero and they are all “virtual”. There are no “physical” coins or currency.

Q: How does CC work?

CCs are virtual currencies that exist in very large distributed databases. These databases use BLOCKCHAIN ​​technology. Because each Blockchain database is widely distributed, there is no central point of attack, and every transaction is visible to everyone on the network, it is thought to be immune to hacking. Each CC has a group of administrators, often called “miners”, who approve transactions. A CC called Ethereum uses “smart contracts” to validate transactions. Crypto TREND will provide more details in upcoming news releases.

Q: What is blockchain?

Blockchain is the technology that underpins all CCs. Each transaction to buy, sell or exchange CCs is included in a BLOCK added to the chain. This technology is complex and will not be explained here, but it has the potential to revolutionize the financial services industry because transactions can be done quickly and easily, reducing or eliminating fees. The technology is also being examined for applications in many other industries.

Q: Are CC Exchanges regulated by the government?

In most cases the answer is NO, which for some users is the great attraction of this market. It’s the “wild west” at the moment, but governments in most developed countries are examining this market to decide what regulation might be needed. A big decision is whether to treat CCs as a currency or a commodity / security. Canada and the US have so far declared CCs to be legal, but the situation remains fluid in terms of reporting and tax implications. Crypto TREND will monitor and report on these developments.

Q: How can I invest in this market?

You can buy, sell and exchange CCs using the services of specialized “Exchanges” that act as brokers. You start by selecting an Exchange, creating an account, and transferring fiat currency into your account. You can then place your CC BUY and SELL orders. There are many exchanges in the world. Opening an account is fairly simple, and all of these exchanges have their own rules regarding initial funding and withdrawals.

Crypto TREND will recommend CC Exchanges in the future.

Q: Where do I keep my CC?

To have the freedom to transfer your cryptocurrencies and pay bills, you must have a digital wallet. These wallets come in several formats such as desktop, cloud-based, hardware (USB), mobile and paper. Many of them are FREE, but security is a big factor because no one wants to lose or have their wallet stolen. Crypto TREND will recommend digital wallets in the future.

Q: What can I do with CC?

In addition to investing in CC products, you can also use cryptocurrency for some financial transactions, such as money transfers and bill payments. The list of companies accepting cryptocurrency is growing rapidly and includes big hitters such as Microsoft, GAP, JC Penny, Expedia, Shopify, Bloomberg.com, Dish Network, Zynga, Subway and WordPress.

Q: What’s next?

To begin with, we’ll keep each of the Crypto TREND articles short and the scope of each one as narrow as possible. As we mentioned before, we believe that cryptocurrency technology will be a game changer and that potential investment opportunities like this are once or twice in a lifetime. Make no mistake, early investment in this sector will only be for your most speculative capital, money you can afford to lose.

Even if you don’t want to invest right now, understanding this new disruptive technology early on will put you in a good position to profit from our recommendations as you move forward.

We expect to see more news and special recommendations from Crypto TREND as we embark on this journey that may at first seem like a foreign jungle. It’s a volatile market and may not appeal to all investors, but when you’re ready, Crypto TREND will be your guide.

Stay tuned!

Crypto TREND – Second Edition

In the first edition of CRYPTO TREND, we introduced Cryptocurrency (CC) and answered several questions about this new market area. There are many NEWS in this market every day. Here are some highlights that give us an idea of ​​how new and exciting this market space is:

The world’s largest futures exchange to create a futures contract for Bitcoin

Terry Duffy, president of the Chicago Mercantile Exchange (CME), said: “I think sometime in the second week of December, our [bitcoin futures] contract for listing. Today you cannot short bitcoin, so there is only one way it can go. You either buy it or you sell it to someone else. So you create a two-sided market, which I think is always more efficient.”

CME intends to launch Bitcoin futures by the end of the year pending regulatory review. If successful, it would give investors a convenient way to go “long” or “short” on Bitcoin. Some sellers of Exchange-Traded Funds have also applied for bitcoin ETFs that track bitcoin futures.

These developments have the potential to allow people to invest in the cryptocurrency space without directly owning CC or using CC exchange services. Bitcoin futures can make the digital asset more useful by allowing users and intermediaries to hedge foreign currency exposure. This could increase the cryptocurrency’s adoption by merchants who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also accustomed to trading regulated futures without money laundering concerns.

CME’s move also shows that bitcoin is too big to ignore, as the exchange has ruled out cryptocurrency futures in the recent past. Bitcoin is all anyone is talking about at brokerages and trading firms, which are bullish but suffering amid unusually quiet markets. If futures on the stock market were to rise, it would be almost impossible for any other exchange like the CME to catch up, because scale and liquidity are essential in derivatives markets.

“You can’t ignore that this is becoming more and more a story that’s not going to go away,” Duffy said in an interview with CNBC. There are “major companies” looking to get into bitcoin and “huge pent-up demand” from customers, he said. Duffy also thinks that bringing institutional traders into the market could make bitcoin less volatile.

A Japanese village will use cryptocurrency to raise capital for municipal revitalization

The Japanese village of Nishiawakura is exploring the idea of ​​holding an Initial Coin Offering (ICO) to raise capital for municipal revitalization. This is a very new approach and they can ask for support from the national government or seek private investment. Several ICOs have serious problems, and many investors are skeptical that any new token will gain value, especially if the ICO turns out to be another joke or scam. Bitcoin was certainly no joke.

INITIAL COIN OFFERING – ( ICO )

We didn’t mention ICO in the first issue of Crypto Trend, let’s mention it now. Unlike an Initial Public Offering (IPO), where a company has an actual product or service for sale and wants you to buy shares in their company, an ICO can be held by anyone who wants to start a new Blockchain project with the intention of creating one. a new mark in their chain. ICOs are unregulated and a few are outright fake. A legitimate ICO, however, can raise a lot of money to fund a new Blockchain project and network. It is typical for an ICO to generate a high token price near the start and then quickly return to reality. If you know the technology and have a few dollars, it is relatively easy to sustain an ICO, because there are many, and today we have about 800 tokens. All these tokens have a name, they are all cryptocurrencies, and except for the very popular tokens like Bitcoin, Ethereum and Litecoin, they are called altcoins. Currently, Crypto Trend does not recommend participating in the ICO, as the risks are quite high.

As we said in Issue 1, this market is the “wild west” right now and we advise caution. Some investors and early adopters have made huge profits in this market space; however, there are many who lose most or all. Governments review regulations because they want to know about every transaction in order to tax them all. They are all heavily in debt and strapped for cash.

Until now, the cryptocurrency market has avoided many government and traditional banking financial problems and pitfalls, and Blockchain technology has the potential to solve many more problems.

A great feature of Bitcoin is that the creators chose a limited number of coins that can ever be created – 21 million – thus ensuring that this crypto coin will never be inflated. Governments can print as much money (fiat currency) as they want and inflate their currencies.

Future articles will focus on specific recommendations, but make no mistake, early investment in this sector is only for your most speculative capital, money you can afford to lose.

CRYPTO TREND will be your guide when and if you are ready to invest in this market space.

Stay tuned!