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The first cryptocurrency which comes into the existence was Bitcoin that was built on Blockchain technology and probably it was launched in 2009 2009 by way of a mysterious person Satoshi Nakamoto. At the time writing this blog, 17 million bitcoin have been mined and it is believed that total 21 million bitcoin could be mined. The other hottest cryptocurrencies are Ethereum, Litecoin, Ripple, Golem, Civic and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.
It is advised to users never to put all money in one cryptocurrency and stay away from investing at the peak of cryptocurrency bubble. It's been observed that price has been suddenly dropped down when it is on the peak of the crypto bubble. Because the cryptocurrency is really a volatile market so users must invest the amount which they are able to lose as there is absolutely no control of any government on cryptocurrency as it is really a decentralized cryptocurrency. Bitcoin was the initial cryptocurrency which came into existence and thereafter around 1600+ cryptocurrencies has been launched with some unique feature for each coin.
A few of the reasons which I have observed and would like to share, cryptocurrencies have already been created on the decentralized platform - so users don't require a third party to transfer cryptocurrency from one destination to another one, unlike fiat currency where a user need a platform like Bank to transfer money in one account to another. https://cashbackreferral.com built on a very safe blockchain technology and almost nil chance to hack and steal your cryptocurrencies and soon you don't share your some critical information.
Read More: https://cashbackreferral.com
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