TRADABLE CRYPTOCURRENCY IN 21ST CENTURY
INTRODUCTION
Cryptocurrency
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers.
Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.
Trade
Trade is every activity that involve buying, selling, or exchanging goods or services between people, firms, or countries. In trading process people, firms, or countries trade, they buy, sell, or exchange goods or services between themselves.
Trade coins are coins minted by a government, but not necessarily legal tender within the territory of the issuing country.
Tradable coin are basically coin that by virtual of proper study has been consider and advice to be traded. Over time I have meant with several people telling them about cryptocurrency and trading some basic coin, whereby some disagreed considering it to be scam while few agree but having challenge with the best and saver coin to start trading on.
A very large number of people are faced with be fear to lose money forgetting the fact that life itself is all about risk, failure to take risk is signing in for poverty and lack, the fact is that the principle of scattering must be put at work even in investment and investment is all about taking risk
Whenever most people hear about trading in cryptocurrency all they think off is Bitcoin basically meanwhile there are many other trading coin but as far as I am are concern Bitcoin is the highest in price.
In the course of this post I will be pointing out briefly five (5) coin that is advisable to be traded by beginners;
Ripple
Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. ... The coin for the cryptocurrency is premined and labeled XRP. Ripple is the third-largest cryptocurrency by market cap, following Bitcoin and Ethereum.
Doge coin
Dogecoin is a cryptocurrency that started as a joke in 2013. It is a satirical homage to bitcoin, designed to serve no real purpose other than generating a few laughs. It is named after an internet meme centered around the image of a Shiba Inu dog with bad spelling habits—thus “doge” instead of “dog.”
Tron
Tron is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content.
Hive
Hive is an ETL and data warehouse tool on top of Hadoop ecosystem and used for processing structured and semi structured data. Hive is a database present in Hadoop ecosystem performs DDL and DML operations, and it provides flexible query language such as HQL for better querying and processing of data.
Steem
Steem is a cryptocurrency used to power the platform Steemit - an incentivized blockchain social media platform. Users create and curate content on Steemit just like other social news platforms (e.g. Reddit, Hacker News) and get rewarded in Steem for their work.