Clearing the Air about Cryptocurrency

In General Articles

Stories about Bitcoin and other digital currencies are all over the media these days. They trumpet the news that the market is either up or down, and there doesn't seem to be any gray area between those who love digital currencies and those who hate them. Frustrated potential investors often walk away from the subject entirely because no one has taken the time or effort to really explain cryptocurrency to them in a clear manner that doesn't have an obvious agenda to push.

The industry is a young one—only about five years old, all told—and as it continues to experience growing pains, the market begs for a comprehensive website that serves as a one-stop information and reference source for all subjects relating to cryptocurrency. Coin Pursuit is stepping in to fill that void.

“People see articles about Bitcoins or other currencies, or they see vendors who accept them as payment, but there's no background, no definitions, and no context for them,” notes Coin Pursuit founder and CEO Spencer Forrest. “No one's gonna jump feet-first into a market they don't understand.” That, explains Forrest, was the underlying inspiration for him to create Coin Pursuit.

The web page features tools to help investors keep track of their investments, including a “wallet” service for the storage and maintenance of their digital currency accounts. Links are also provided to resources such as the currencies themselves, the digital currency mining process, cryptocurrency exchanges, mobile applications, and vendors who accept alternative currencies as payment for goods and services.

But the heart of Coin Pursuit is information. The site includes a glossary of terms unique to the cryptocurrency field, and thoroughly-researched articles in plain English which discuss trends and issues affecting investors. In the spirit of keeping the page dynamic and up-to-date, both the glossary and article sections will be updated on a regular basis. Since digital currency investors are also the owners, there's a “we're all in this together” attitude Coin Pursuit's team plans to support and help flourish.

Coin Pursuit's mission is to help potential investors, no matter if they're new to the game or are already experienced in stock and commodity markets. It doesn't take a financial wizard to invest and trade wisely in cryptocurrency, but it does help to have a trusted source they can bookmark and refer to for information and advice. Coin Pursuit's team is dedicated to being the best resource for all involved. “No one should go into this blind,” Forrest—who is a cryptocurrency investor himself—added. “We're here to help those interested in digital currency to make informed and smart account management and trading decisions.”

Discuss this topic and others on SliceFeeds, Coin Pursuit's Cryptocurrency network for miners, traders and enthusiasts.Register today and begin Slicing!

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