Cryptocurrency is nothing but digital currency, which has been designed to impose security and anonymity in online monetary transactions. It uses cryptographic encryption to both generate currency and verify transactions. The new coins are created by a process called mining, whereas the transactions are recorded in a public ledger, which is called the Transaction Block Chain. Forgery of the cryptocurrency in Panama is not possible as the whole system is based on hard core math and cryptographic puzzles. Only those people who are capable of solving these puzzles can make changes to the database which is next to impossible. The transaction once confirmed becomes part of the database or the block chain which cannot be reversed then. It goes without saying that if you want to make it big in the world of bitcoins, then you must have a nose for the news. Now, that you have narrowed down your list to a few cryptos, you will have to analyze and decide which ones have the potential to tr...