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Cryptocurrency vs Mutual Funds

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Oct 14, 2021 7:32 am

Mutual funds are managed by professional fund managers whose aim is to make capital out of investments made by people. Any gain or loss is proportionally shared by each shareholder of the mutual fund.

Cryptocurrency or crypto is a digital currency used in peer-to-peer electronic cash systems over the internet. Cryptocurrencies are decentralized i.e. there is no centralized authority to govern them, and they work based on a blockchain system.