The Fundamentals Of Cryptocurrency Investment

(Disclaimer: Author holds investments in ether, bitcoin, EOS and Bitcoin Cash.)

2018 has already been another stellar year for organizations raising money for blockchain and cryptocurrency projects. While initial coin offerings (ICOs) reportedly raised more than $3.69 billion in 2017, the total amount raised this year already stands at a staggering $17.25 billion in late July, according to CoinSchedule.

Should the current trend I’ve observed in crowdsourced funding for technology companies continue, it will be important for investors to discern the nuances of investing in blockchain technologies and the virtual assets created on top of them, as ICO investors usually receive virtual assets in the form of coins or tokens in return for ether or bitcoin. Here’s what you need to know about common blockchains and assets.

Fundamentals Of Currency

To understand cryptocurrencies, investors should first recall the fundamental tenets of currencies: They are typically units of measurement,