Actually, the crypto currency market cap or crypto currency market capitalization is a very useful metric to know the genuine worth of crypto currency. If you go to coinmarketcap, you will view the coins that are ranked in a descending order of their market cap. First of all, you should know how the market cap works and also how can you utilize it to create your own investment decisions. Actually, the market cap of a crypto currency is calculated by using this formula:

Market cap= Total circulating supply * price of each coin.

Moreover, it is a product of the circulating supply of coins as well as a price of each coin.

Different kinds of market cap in crypto currencies

In general, the crypto currencies can be categorized into small cap, mid cap and large cap. The large cap crypto currencies have a massive market cap and such investment is safe to build. The companies with over $10 billion market cap are classified as large cap companies. As per estimation, only ripple, bitcoin and Ethereum are classified as large cap cryptos.

The mid cap crypto currencies have a minimal market cap, but quite risky than the large cap cryptos. However, the cryptos with market caps between $1 billion and $10 billion market cap are usually mid cap. At last, the small cap crypto currencies have minimal market cap as well as greater risk; because the case of failure is much greater. The companies with market cap under $1 billion are small cap.

Are you willing to start an investment that provides immense returns but at the same time you need to be patient during the lows because the market will be very volatile in nature. The bitcoin is not for people who have the fear factor because the market will be swinging up and down and it is up to the user to sell or buy the bitcoin. But if you have the quality of patience, then you will check the btc to usd value with the online calculator available in the various review sites. This usd value will get you the current price of the btc available in the market and if you can wait a few minute and check it down again, there will be a change. Only long term investments in the digital currency will yield you a success.

How to achieve short term trading?

Of course there are ways to earn money with short term gaols in the bitcoin market. You need to get the market render analysis form the experts available in the online space. They can provide you the exact btc to usd calculation and from this vital information you could easily sort out the issues present in short term trading of the bitcoin. Because digital currencies are often exchanged with the help of online exchange and you need to be cautious about the present value because even after a sale, there is a chance for the price to increase and provide you with extra bonuses within an instant.

The most disappointing feature of using GDAX is number of coins that are available for buying, selling or trading is limited. Actually, at a time of writing, exchange just supported 4 cryptocurrencies. And these include Bitcoin, Ethereum, Litecoin and Bitcoin Cash that is similar as Coinbase.  Cryptocurrency projects are very keen to have coin listed on GDAX and Coinbase as they have over 13 million customers as well as platforms make it simple to use the real-world money.

In reality, suppose you are searching for the exchange that supports plenty of cryptocurrencies, GDAX may not suit you. There’re some other exchanges like Binance that list different coins, and with more added every time. To make you know, it’s possible to trade 4 supported coins against the fiat currencies like EUR and USD that is one cool feature! Now you know about simple signup procedure, next part will be looking at exchange’s customer support!

Customer Support of GDAX

When you think of using the cryptocurrency exchange for first time, important thing that you will look is the customer support available. Suppose anything goes wrong, you do not have to worry as you will receive fast & efficient help! The GDAX customer support is the top in the industry! First, team of GDAX customer service will be reached via telephone. The service is accessible Monday to Friday, between 8AM and 5PM. Suppose you want to contact your team outside these hours, then you may send them the email 24hours a day.

There are doubters of course even in the face of the irony: That while the Internet has affected almost every part of our lives as promised, it has done little to affect the traditional assets of commercial exchange.

This is not the place nor the space to explain how bitcoin price has come to be, how they are mined, the complex math algorithm behind their control or how they have both skyrocketed in value one day and plummeted the next.

Bitcoin Price and its history :

In 2011 the value of one bitcoin rapidly rose from about $30 to $32, before falling back down to $2. Then on 19 November 2013, the value of bitcoin on the Mt. Gox exchange soared to a peak of USD 900 following a United States Senate meeting where it was announced that virtual currencies were a legitimate financial service. There are roughly 12 million bitcoins in existence as of November 2013. And yet it is both, the public opinion and the economic meaning of what constitutes money that will determine bitcoin price acceptance.

Successful Transactions and Currency Manipulations :

Any article, bitcoin, gem or device that is broadly accepted as a form of a ‘third party exchange’ – meaning other than direct barter – and has the means of ‘holding value’ constitutes money.  Now the value may rise or fall as we often hear of foreign and domestic currency manipulations, but the “money,” be it the US dollar, the euro, gold, etc.