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We are investing to increase wealth and prevent losses from rising inflation. Thats why you need to choose a platform that will cater to your needs and risk tolerance. The price of Litecoin grew from around 4 at the beginning of 2017 to a high of 358 in December 2017. However just like most cryptocurrencies Litecoin also followed the price trend and dropped to 110.
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Investment research firm still thinks the biggest US. Bitcoin is up over 90 this year thanks in part to rising interest from institutional investors and corporate buyers such as Tesla. The earliest form of crypto existed since 1995 but it was in 2009 when Satoshi Nakamoto pseudonym developed the worlds first decentralised cryptocurrency Bitcoin. Investing in cryptocurrencies and Initial Coin Offerings ICOs is highly risky and speculative and this article is not a recommendation by Investopedia or the writer to invest in. Investing is not a guaranteed way to make money so make sure you know the risks and can afford to lose the cash. As the demand for other currencies keeps rising Coinbase welcomes Ethereum Bitcoin Cash Litecoin and many others provided the users.
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