Nowadays it seems like everyone has been talking about the Cryptocurrency, Virtual money, Altcoin craze. Most of my friends, family, and peers have been asking me what it's all about, how to get involved, is it worth it, how to make coins, how to buy coins, and what exactly is Cryptocurrency?
So in this article I will try to answer those questions to the best of my ability and knowledge. First off, Bitcoins and other virtual currencies are open-source digital currencies that are created by powerful computers, algorithms, mathematics, and pure processing power. Nobody technically owns them, and programmers use the same state-of-the-art encryption that is used in military and government applications. So yes, they are safe to use, buy, and trade.
To get involved you can simply buy Bitcoins on Coinbase by clicking here. Or I show you how to buy them in this video that I created. It's worth it to be involved because it is so new and still growing, plus retailers are starting to accept these virtual currencies as payments for things. Like a stock on Wall Street, virtual currency goes up and goes down, although a lot of people are upset they didn't buy Bitcoins when they were $10 apiece (because now they are $1,000 apiece).
Yes a lot of people have become millionaires because of virtual currency, but the reality is, that you can make money on virtual currency still to this day if you get involved before it really becomes a global phenomenon. My advice is to use Cryptsy.com to check out the market for coins and their values (or fluctuations in value), and at least buy one Bitcoin to trade for other currencies because those other currencies are the ones that are going to rise in value in the coming months and years.
I am personally an advocate to change the way the world works financially. The government has always been in control of our money, countries are in control of their financial systems, but the money should be in the hands of the people which it now is with the advent of Cryptocurrency. The virtual currency that I am currently trading, mining, and buying are called Quark coins. I like them most because they use nine rounds of secure hashing from six different algorithms to make Quark transactions (basically this means it is super secure). If I had to recommend for someone to buy a virtual coin where they can potentially make a lot of money in the coming months or years, I would say invest in Quark coins.
Again, my video shows how to do that so make sure to check it out, and let me know if you have any questions or feel free to leave comments in this article