Virtual Currency FAQ
Virtual Currency is also known as Coins, Crypto-Currency & Digital Currency.
Is investing in Virtual Currency risky?
Investing in Virtual Currency does involve more risk than most other mainstream investments.
Is there a secret strategy?
There is no secret strategy. Conduct thorough research and make informed decisions before investing in any new technology.
Is Virtual Currency money?
Virtual Currency is not “money”. Calling virtual currency money is akin to calling a credit card money.
A unit of any virtual currency might be considered a stock in that particular Distributed Autonomous Corporation. These DAC’s do not conduct IPO’s in the usual sense. New units of virtual currency are usually ‘mined’ using CPU’s or GPU’s[central processing unit or graphics processing unit].
Only fully informed, accredited investors should include virtual currencies in their portfolio, due to the high risk involved.