By zooming in on bitqy (BQ.CR), we note that the crypto has recently touched $ 0.0003 on the volume exchanged by 3 for the day.
Investors may wonder to what extent, if any, they should focus on cryptocurrencies. The cryptic phenomenon has taken over in the last six months, and even those who thought that the craze would have passed, are now more likely to be more careful. Given that the space is still relatively new, experienced professionals could work overtime to try and decipher the encrypted market. As bigger players start becoming more involved in space, it should be very interesting to see what form the market takes as a result. As we move further towards 2018, investors may begin to monitor daily movements in the cryptocurrency market. Although Bitcoin is still the most quoted of the crypts, there are others who try to make a name for themselves. Last year, the dramatic increase in the value of Bitcoin has turned many heads. Although the value has declined recently, there are those who believe that cryptocurrency will reach even higher levels in the coming years. Of course, there are also those who think that Bitcoin will ultimately be useless. Whichever way it is sliced, it is difficult to deny the popularity and the attention that cryptographic space has seen in recent months.
When looking at traditional stock markets, a central authority mainly has control over the network. With decentralized technology like blockchain, networks can be transformed into open markets. Bitcoin was the first blockchain, with the main use of the digital currency peer-to-peer exchange. As technology continues to adapt and evolve, investors and consumers will track the impact they continue to have on other sectors. In the coming months, investors may have to identify the best way to play to benefit the cryptocurrency market.
