This meteoric growth of cryptocurrency investments has so far occurred in spite of the often-considerable barriers to entry faced by newcomers. BTC, Ethereum (ETH) and other digital currencies represent a very different conception of money than familiar fiat currencies, which can seem daunting for first-time investors.
Moreover, their shared underlying technology — blockchain — is complicated. While it bears some resemblance to a database or spreadsheet as the basis for a system of record, its most distinctive features create a completely different experience for everyone involved. Blockchains are immutable. They also allow for mutually transparent transactions between parties without the need for a traditional third-party intermediary.
It’s common for new traders to feel overwhelmed by all of these technical details of cryptocurrencies and think they can’t succeed. Far from it. Convenient options such as the copy trading features of CAPVERTO Exchange remove some of the biggest barriers to entry and allow members to get off to a running start with their crypto portfolios.