ogosBitcoins and other cryptocurrencies G2GBET เว็บเกมสล็อต บนมือถือยอดนิยม เป็นอีกหนึ่งมิติใหม่ในวงการเกมสล็อต เรียกได้ว่าเป็นที่ฮอตฮิตในโลกทางอินเทอร์เน็ต 888สล็อต เป็นอีกหนึ่งผู้ให้บริการเกมสล็อตที่ได้รับความนิยม ไม่ว่าจะเป็นเกมต่างๆ ก็ได้รับความนิยมไม่น้อย เช่นเกมยิงปลา เกมตกปลา หรือเกม การเสี่ยงโชคประเภทอื่นๆ ทางเว็บไซต์ 888สล็อต ได้พัฒนาเกมให้มีคุณภาพ regularly make the news. Often it is about the record amounts you have to pay for a Bitcoin, the investment profits, or the enormous price fluctuations. Sometimes criminals crack investors’ digital wallets and steal the contents. Below you can read what Bitcoins are, how you get them, and what you should pay attention to if you want to invest in cryptocurrency. Learn more about PLC Ultima
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What is Cryptocurrency?
Cryptocurrency or cryptocurrency is digital money. You can’t hold it in your hand. Cryptocurrency is stored in a digital wallet. In the Netherlands, cryptocurrency is not seen as money, but as ‘good’ because it does not meet the three basic principles of money, namely: medium of exchange, store of value, and means of calculation. Well-known examples of cryptocurrency are Bitcoin and Ethereum.
Cryptocurrency is kept in a ‘wallet’
If you have bought crypto coins, you can store them in a digital wallet: the wallet. There are different types of digital wallets. You can save them on your laptop, or phone or keep them online. You can also print the bitcoin old-fashioned on paper. Each form of storage has its own advantages and disadvantages. Do you opt for a digital form of storage? Then make sure you have a well-secured password.
- NB! What are the risks of investing in cryptocurrency?
Investing always involves risks. What are the risks of investing in cryptocurrency?
- No fixed value, and many price fluctuations
The value of Bitcoin and similar currencies fluctuate widely.
- No underlying value
The price depends entirely on supply and demand. This of course applies to more forms of investment such as shares and bonds. Yet there is an important difference. With a share, you own a small part of a company. You can invest in a company or government by purchasing bonds. There is ‘nothing’ behind a Bitcoin. That is why the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB) prefer not to speak of investing at all when it comes to cryptos, but rather of ‘speculating’.
Also, read more: Handling Money Transfers for Cryptocurrencies (Mining)
- Beware of digital bank robbers
There are many criminals active in the crypto world. Hackers are trying to rob your digital wallet. Sometimes a market party for Bitcoins suddenly disappears and you have lost all your cryptocurrency.
- Cryptocurrency is complicate
Cryptocurrency is a complicated product. It is important that you know how it works and how crypto coins are ‘made’. Don’t you get this? Then it is better not to invest in it.
- Insufficient supervision
The supervision of cryptos is not yet properly regulate. However, more and more parties want rules for investments in cryptocurrency (link to the website of the AFM). The Dutch government is now negotiating at the European level on a concrete proposal to better protect consumers throughout the European Union against excesses. Crypto service providers may then no longer operate without a license. It is expect that it will be several years before these rules come into effect. However, some crypto service providers in the Netherlands have been subject to anti-money laundering regulations since 2020.
- No legal protection
For savings at the bank, there is the deposit guarantee scheme (link to the Money Wise website with a brief explanation of the deposit guarantee scheme). There is no safety net for cryptocurrency.
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