Limited Supply: Most cryptocurrencies, including Bitcoin, have a limited supply. For example, the total supply of Bitcoin is capped at 21 million coins, which creates scarcity and can influence its value.
Market Volatility: Cryptocurrency markets are known for their high volatility. Prices can experience significant fluctuations within a short period, presenting both opportunities and risks for traders.
Diversity of Cryptocurrencies: There are thousands of cryptocurrencies in existence, each with its unique features and purposes. Ethereum, Ripple, and Litecoin are some well-known examples, each serving different functions in the crypto ecosystem.
Decentralization: Cryptocurrencies operate on decentralized networks based on blockchain technology. This means there's no central authority, like a government or financial institution, controlling the transactions, making it a popular choice for those seeking financial independence.
Blockchain Technology: The underlying technology of most cryptocurrencies, blockchain, is a decentralized and secure digital ledger. It records transactions across multiple computers in such a way that the registered transactions cannot be altered retroactively.
