Hi~It’s Unicorn!

 

 

 

Today I’m going to explain why I recommend a beginner to invest in Bitcoin and Ethereum. Currently, the number one cryptocurrency in market capitalisation is Bitcoin (USD 1.02 trillion, accounting for 61% of the cryptocurrency market, equivalent to 1.5 Tesla’s market capitalisation), and the second-largest market capitalisation is Ethereum (USD 200 billion, accounting for 12% of the cryptocurrency market). Bitcoin and Ethereum are the mass of market and recognised in the cryptocurrency market, and the price volatility is relatively low.

 

 

 

 

 

Source: coinmarketcap

 

 

 

 

What is the difference between Bitcoin and Ethereum?

 

 

 

 

 

 

 

 

 

 

Two types of cryptocurrencies: "coins" and "tokens."

 

 

 

The purpose of cryptocurrency coins is to replace traditional paper currencies such as the U.S. dollar or Euro. You can use this kind of cryptocurrency to buy and sell various goods and services. A typical example of a "coin" is Bitcoin, which is also the first cryptocurrency in the world. Currently, many large companies approve the purchase function of Bitcoin, including Paypal, Square, Tesla and so on.

 

 

 

 

 

Cryptocurrency tokens are utility tokens with application functions, and these tokens are related to blockchains with specific functions. So far, there are two main functions on the network application of the blockchain, smart contracts and decentralised applications "Dapp". A typical example of a "token" is Ether on the Ethereum blockchain platform.