A bear market is generally described as the period when a market's share prices face a security price or commodity price drop by 20 percent or more.
The year of 2018 constantly observed a bear market for Bitcoin and it has not completely regained its rightful place at the throne since then. And for every crypto enthusiast who is still waving the flag and bearing the brunt of the wave brought forth by the various Cryptocurrency Exchange Platforms knows that crypto is not just a matter of digital money trading any more. It is about survival.
Facebook, the leading social media giant has made all crypto news channels go berserk as news has leaked about its ongoing development of the 'stablecoin' for WhatsApp. Yes, you heard that right.
As cryptocurrencies are touching the highest ranks on the Fintech chart as well as scaling unbelievable benchmarks for the crypto market, it only makes sense that all mammoth companies are exploring its multiple capabilities to up their business brand. This is exactly why one of the most mammoth companies (Facebook) is coming out with its very own cryptocurrency known as "stablecoin".
Since Bitcoin has found its way into the crypto space, it is averting major hits but for the most suffering the brunt of these major hits.
Although in spite of Bitcoin enduring the heavy bruises encountered by these hits, the crypto market has managed to stand against the test of time. And till date, crypto's big names state the history of crypto, how they entered the market and most importantly, managed to stay there.
So how did the crypto audience manage to stay there for so long? It was simply because crypto does pose some incredible possibilities which when scaled practically and formatively make way for a huge market scope and business bonuses.
Security tokens took shape when Initial Coin Offerings (ICOs) were advanced in a futuristic way when retail investors hoped to score a crypto fortune. The way crypto market is ruling the charts, one thing has been made clear - When it comes to money, crypto investors have the upper hand hence the more, the merrier.
There are billions of people living on Earth. In some of the most backward and impoverished regions, many people do not even have an identity of their own. These people do not have birth certificates, marriage certificates or other legal documents.
These are the people who are ‘unbanked’ where formal banking sector cannot reach. This is more prevalent in the emerging economies and least developed countries where people are poor and do not get the fruits of development. For people in those contries who want to be a part of the fledging cryptocurrency scene, they can always buy Bitcoin and other alternate cryptocurrencies online without the need of an ID card. However, investing online in Bitcoin anonymously is quite challenging, it requires you to follow a few steps. In total there are three ways in which you can invest in Bitcoin without requiring an ID Card.