The crypto market has a cumulative market capitalization of over $155 billion as of March 2020.Bitcoin manufactures 63.8% of crypto's market value. The top 10 digital assets compute around 88% of crypto's market value according to Finivi.

Cryptocurrency is a digital or virtual money that is secured by cryptography, which makes it virtually inconceivable to double-spend.It is regulated and overseen by a peer-to-peer system called a blockchain, which also administers as a safe ledger of transaction.

Cryptocurrencies are wagers. They have the ability to generate massive returns on your investment, but again come with huge volatility and threats such as the case of South African defunct CEO and owner of the cryptocurrency scheme VaultAge Solution, Willie Breedt   (VS) investors. News24 first published how roughly 2 000 investors, who had paid around R277 million into the accounts of Breedt's firm to purchase cryptocurrency, including bitcoin, fear all their funds are lost.Breedt ditched most of the personal contact with investors shortly after going on vacation to Mozambique in December 2019.In January 2020, after a short stay in hospital, Breedt closed his offices and moved houses. After  the move, the only communication investors received was the odd email telling them their riches were safe and that their money would be reimbursed.

As an entrepreneur , whether  you have a substantial amount of capital or a handful of extra cash, cryptocurrency is an investment worth looking into. Here are a few of the upsides and downsides associated with cryptocurrency.

Immense potential for Return of Investment(ROI). One of the statistics that makes people reckon investing in cryptocurrency is that $1,000 infused in Bitcoin in 2013 can be worth over $400,000 today. DASH for instance, is the surprise leader with an ROI of 25,457%! This implies that DASH has a 254x price growth compared to its initial price of $0.2574. DASH is the second-largest cryptocurrency in Venezuela, and its adoption will exceed 10% of stores in 2020. DASH has a substantial presence in the Asian market, particularly Thailand. In specific, DASH has been increasing crypto adoption in Asian tourism, in which DASH is accessible to over 1.5 million hotels and 400+ airlines globally. The growth in Asian tourism motivates the ownership and purchase of DASH, which justifies the outstanding ROI according to Blockchain News.

Cryptocurrency is not just a financial tool,but a technology. All advantages it gives are only likely because of the stamina of the technology that underpins it because it works.

Cryptocurrencies don't use negotiators, so deals are usually straightforward, quicker and impose less or no additional transaction costs.Some professionals reckon nonetheless, that pulling out the mediator goes beyond these easy benefits.

Possibly the greatest benefit of investing in cryptocurrency is that when you invest you know precisely what the network does and will be executing, with cryptocurrency you are able to accurately assess the product-market suitable for the outlet, and can utilize that knowledge to define your investment.

Each cryptocurrency deal is a distinct exchange between two people, which safeguards users from problems like identity theft. Cryptocurrency education firm Luno CEO Marcus Swanepoel states that "Cryptocurrencies can do this because of the technology that underpins them – blockchain,"He further said "Blockchain technology is decentralized. This implies that not one individual, organization or government has primary control. Instead, it is the network that has control . Strategies are hard coded in, and it can’t be exploited to suit agendas."

.

Surely, when pertaining to investing in the stock market or real estate, cryptocurrencies are much more unstable. Problems such as hacking occurrences can result in investors instantly losing all of their investment.

It is no public secret that a vast amount of cryptocurrencies are embezzled every year actually. The cost of scams comprising bitcoin and cryptocurrency hit $4.3 billion in 2019 according to The Wall Street Journal and Chainanalysis.

One of the most crucial issues that cryptocurrency hasn’t been able to resolve is the security problem.

The real value of any cryptocurrency banks on creating a robust product that a considerable network of users will choose to use. Regardless, if these networks either fail to persuade users or never get users to fully use the outlet, then the currency will see a drop-off in price. Many of the recent cryptocurrencies that waned after launching did so due to inadequate network engagement.

Although the entire world is gradually beginning to realize and comprehend more about cryptocurrencies on a daily basis, traditional and regulatory matters are two of the massive dilemmas facing the crypto industry presently.

Because the asset category is still recent, governments and banks  have not yet set a legible fiscal strategy for the technology. For this reason, there’s constantly a threat that their trading rules, unconditional legitimacy, or even taxation level, can deviate overnight.

Even though this point hasn't been clarified, several speculate that insider trading,market manipulation and conspiracy is rampant across the cryptocurrency industry. The reason behind this notion is that coins rocket by dozens of percentages in a space of a day or few hours, simply to dramatically plunge back to their last prices the next day. These episodes are dubbed as “pump and dump” techniques and can take advantage of people’s anxiety of missing out.

A risk is common for owners' financial investments. Prospective  investors should be cautious if someone ensures them guaranteed high returns; offers to buy any cryptocurrency, when no one put out offers to sell them; when buying or selling is surprisingly “good,” or anonymous individuals try to create an untrue sense of urgency of investment, leaving you with  no time for reasonable thought. This risk is correlated with both real currency transactions and exchange trading

One of the most crucial tips to be successful in the crypto market is to research properly about the cryptocurrency you are about to invest, and you must have the skill to spot cryptocurrencies which are supported by durable fundamentals. There is a huge amount of coins functional today, and there is an impulse for many  to disregard the fundamentals of the cryptocurrency and make investment judgments based on the hype. This is very common since several people  do not comprehend the mechanics of the cryptocurrencies that they are investing in. They tend to just follow the hype. They do not even know what cryptocurrency and blockchain are and how it works, so begin with that, have a realistic awareness of what the technology is, and after that begin exploring the various cryptocurrencies that currently exist and make your decision.