Be Smart And Invest In Cryptos
The major breakdown of the financial system in 2008, the world economy faced its most dangerous crisis since the "Great Depression" of the 1930s and it was obvious that something has to be changed.
The new technologies have emerged.
In the past few years and especially 2017, we are witnesses of probably historic breaking points in the global financial system.
The appearance of Bitcoin and blockchain technology has changed everything.
Initially, the world watched the whole project by curiosity alone, thinking that it was some children's game or a well-organized scam, without understanding what's really going on.
Growing awareness of possibilities which crypto world offers, those smart among us, who have been taken advantage of it in the best possible way, they've become millionaires.
Unfortunately, I haven't been among them although I had an understanding where all that lead.
After all these years, the trust and the number of people involved in the system have grown remarkably.
The Bitcoin value grew steadily and last year has surpassed all expectations.
With Bitcoin, or better said, on the same wave of enthusiasm, alternative cryptocurrencies have appeared. Some were scams and some are still here today and are part of the crypto market.
The activities on the crypto market have also experienced weaknesses as well, mostly in the field of privacy, anonymity, and transaction speed.
There was a need for improvement of the whole venture.
"When you make a Bitcoin transaction, it needs to be approved by the network before it can be completed.
The Bitcoin has set a standard of 6 confirmations that a transfer needs before you can consider it complete" and according to DeepOnion Whitepaper Bitcoin transactions takes over 24 hours to complete.
It's considered to be a big disadvantage. Even more, there is a big problem with privacy and anonymity.
Blockchain technology is phenomenal, but there is also a possible use as a tool to control all humanity.
All personal data, all your accounts, and portfolios, all ever made transactions in one word EVERYTHING can be part of the blockchain.
In a blink of an eye, everything can be turned upside down.
So we can see that blockchain technology and algorithm have to upgrade on the highest level.
The Bitcoin has been improved in many ways, for example, Bitcoin upgrade at block 494,784 https://segwit2x.github.io/segwit2x-announce.html or https://github.com/segwit2x/segwit2x.github.io, but none of this has resolved the exposure of IP addresses on the network.
There is always a solution, and it's the right attitude. If you really want to do something, you'll find a way. Following that premise, amazing developers have found a way to provide all the necessary conditions for true anonymity and security.
Using the TOR protocol, and by designing new technologies, they managed to create a project that is extremely promising.
They've removed any suspicion of privacy, security and transaction speed. They've designed extraordinary user-friendly tools.
In a word, they provided a safe environment for all data and all actions.
And if you look at market charts, you can hardly find a young and resilient cryptocurrency such as DeepOnion.
There are many ups and downs, but this is the case with the whole crypto market which is under attack of the fake news and gloomy predictions.
Fortunately, signs of the market stabilization are visible.
I think you don't need bravery but knowledge to invest in cryptocurrencies.
And if you spend enough time in research and learning, you will see that DeepOnion is one of the best choices.
If we use a rating scale from 1-10 to evaluate cryptocurrencies, in my opinion, DeepOnion is strong 9 because perfect 10 doesn't exist.
Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.