Digital Currencies Trading-Risks And Rewards

Some investors see them as the future of finance while others think them to be just plain simple scams. Some of the early investors made eye popping returns by investing in these digital currencies. There are hundreds of online currencies out there—327, according to the website Coinmarketcap.com. The best known among them is bitcoin. The creation of an unknown programmer or group of programmers, bitcoin grabbed headlines last year largely because it rose more than 6,200 percent before falling again—it has recently hovered around $600.  The recent surge in the price of Bitcoins is being hailed by some enthusiast as a sign that this digital currency is resilient and can recover from the financial crashes like the Mt Gox saga.