WHAT CAUSES PRICE FLUCTUATION IN CRYPTOCURRENCY WHAT CAUSES PRICE FLUCTUATION IN CRYPTOCURRENCY: Cryptocurrencies have gained wide acceptance and are in active use by members of the global community. It has proven to be a good source of investment because of its high chances of skyrocketing in value within a short period. Although, just as it…
HOW TO DETERMINE DETERMINE WHEN TO BUY AND SELL YOUR CRYPTOCURRENCY HOW TO DETERMINE DETERMINE WHEN TO BUY AND SELL YOUR CRYPTOCURRENCY: The cryptocurrency market is filled with uncertainties, making it hard to buy and sell cryptocurrencies. Yet, it has the potential to be a productive and lucrative activity in the long term. Due to…
CHOOSING A PLATFORM TO TRADE CRYPTOCURRENCY CHOOSING A PLATFORM TO TRADE CRYPTOCURRENCY: There are a lot of investment options available, and choosing the right one can be challenging. Over the past few years, cryptocurrencies have become incredibly popular. It is crucial that you find the right cryptocurrency trading platform before you attempt this type of…
WHAT IS DEFI AND HOW DOES IT WORK WHAT IS DEFI AND HOW DOES IT WORK: DeFi stands for decentralized finance, the term used to describe financial applications built on cryptocurrency or blockchain to disrupt existing financial intermediaries. A lot of people place DeFi under the category of blockchains and cryptocurrencies. However, this isn’t the…
HOW DOES NFT WORK HOW DOES NFT WORK: What is it? In NFTs, ownership of unique digital items can be exchanged and the ownership of them tracked on the blockchain. NFT stands for non-fungible token and technically, it can be anything digital, including drawings, animated GIFs, songs, or items in video games. Online, they are…
PROS AND CONS OF STORING CRYPTOCURRENCY WHAT IS CRYPTOCURRENCY? PROS AND CONS OF STORING CRYPTOCURRENCY: The idea behind a cryptocurrency is to create a digital currency that is secure by cryptography, making it almost impossible to replicate or counterfeit. Blockchain technology is used to power many different cryptocurrencies. It’s a distributed ledger enforced by a…
How to determine which coin to invest in How to determine which coin to invest in: Cryptocurrency has been in existence for a while now but gained popularity in recent years owing to its growth to the popularly renowned coin called Bitcoin. Let’s take a brief look at the history of cryptocurrency. Cryptocurrency is…
The Ultimate Guide to Trading Cryptocurrency What is Cryptocurrency? The Ultimate Guide to Trading Cryptocurrency: A cryptocurrency is a virtual medium of exchange backed by cryptography. Most cryptocurrencies have decentralized digital networks built on blockchain technology. Blockchain technology consists of a ledger made up of databases of computers in a network. In simpler terms, cryptocurrency…
What You Should Know About Bitcoin What You Should Know About Bitcoin: Bitcoin is the world’s first and most valuable digital currency; it was created in 2008 and came into use in 2009. It is open-source software that is not under the control of any central bank or government. The technology behind bitcoin and other…
How to Avoid Losses as a Cryptocurrency Trader How to Avoid Losses as a Cryptocurrency Trader: Like every other investment opportunity, cryptocurrency trading comes with its upsides and downsides. You can make huge profits on trades; in the same manner, you can make huge losses. In 2020, the price of 1 bitcoin went from $10,000…