Cryptocurrency
What is Fiat Currency?
China was the very first nation to use fiat currency Fiat currency serves as a way of preserving purchasing power and as a replacement for the bartering system The government of the particular financial regulator that manages fiat money When the public appears to have enough trust in the potential...
What is Bitcoin Halving and When Does it Happen
The Bitcoin halving phenomenon happens when the reward for mining Bitcoin is halved, indicating that miners will receive 50% fewer Bitcoin for each deal they complete The first Bitcoin halving took place in 2012 when the reward for mining a block was decreased from 50 Bitcoin to 25 BTC The...
Crypto Trading Guide – How To Start Crypto Trading
The use of cryptocurrencies to decentralize financial operations has several advantages over the traditional financial system A cryptocurrency wallet is a secure digital area where digital currencies such as BTC may be saved, sent, and received You can buy coins on crypto exchanges as well as p2p bartering. The way...
How Much Bitcoin Should You Buy?
There is no simple answer when it comes to how much money you should invest in crypto Some believe that investing $1,000 in Bitcoin is enough, while others might say that it is nothing at all Deciding how much money you should invest in Bitcoin can depend on different factors...
What Does Staking Mean In Crypto Trading?
Staking begins with the purchase of a certain number of coins in the system Staking revenue is supplied in the form of interest charged to the borrower, with rates fluctuating depending on a range of circumstances Staking pools allow players to combine their bets and split the earnings, allowing them...
A Beginner’s Guide to Day Trading Cryptocurrency
Crypto day trading is a popular strategy among investors It envisages opening and closing positions within the same day There are several day trading strategies available in the crypto market Understanding the pros and cons of day trading are very important What Does Day Trading Crypto Mean? Crypto day trading...
How Is Bitcoin Taxed In The World?
Because the Internal Revenue Service views cryptocurrency holdings to be “property,” your cryptocurrency will be taxed in the very same way as any other asset The quantity of Bitcoin taxes varies depending on the area or nation Generally, Bitcoin is taxed differently according to the country’s cryptocurrency laws Cryptocurrencies are...
What Is Crypto Banking And How Does It Work?
Crypto banks are financial institutions that carry out typical monetary operations such as money transfers, savings, investments, borrowings, and trading in a wider range of products If you intend to acquire a certain cryptocurrency and retain it for an extended length of time, it is advised that you use a...
How Does Short Selling Bitcoin Work?
When shorting, you are selling borrowed assets at a higher price, once the prices fall, you buy them back and make profits Short selling can be a great option for those who believe that the price of an asset is about to crash You can short numerous assets, including cryptocurrencies...
What Is A Bitcoin Mining Pool And How Does It Work?
The mining pool let miners combine their resources in order to strengthen mining capabilities Individual miners get rewards according to their contributions There are several different types of mining pools available in the market You should understand the pros and cons of mining pools before using it What Is A...
How Can You Earn Bitcoins For Free?
Purchasing Bitcoin is a wonderful long-term investment choice, and you can produce additional Bitcoin for free on the internet There are four main ways to earn free BTC including Crypto Browsers, Faucets, Mobile and Online Games, and lending If you’d like to get free Bitcoins through Brave Browsers, you should...
What Is A Pump And Dump For Crypto?
Pumpers and dumpers select a coin and a market to exploit At the heart of all pump and dump systems is a fundamental group of organizers The example is when Elon Musk announced that Tesla will accept BTC, but then announced that he is changing his mind If you plan...
How Does Bitcoin Margin Trading Work?
Crypto margin trading is very popular around the world Leverage offers traders to increase their positions far beyond what their initial deposit would let them While leverage is very helpful for traders to earn more returns, it also comes with some disadvantages Leverage in crypto trading acts as a double-edged...
How To Notice A Crypto Scam Straight Away
Numerous crypto scams have emerged over the past few years The biggest tool to avoid scams is the knowledge that you have If you know how scammers work, you can spot them right away While some scammers steal personal information from people, others use lies to steal trader’s money What...
What Is An IEO?
IEOs provide a platform for the selling of crypto coins as well as the exchange of new currencies In an IEO, a crypto exchange acts as a middleman between the coin creator and buyers, as opposed to an ICO One of the primary distinctions between an IEO and an ICO...
What Is An NFT?
NFT stands for a non-fungible token NFT is a unique digital item whose originality and ownership has been proven using blockchain technology Most often, NFTs are bought and sold through the Ethereum blockchain NFT can be anything – from paintings to music pieces What Does Non-Fungible Token Mean? NFT explained:...
Bitcoin vs Gold
Bitcoin is often called a digital gold Bitcoin is similar to gold – it is also scarce and limited Bitcoin can be relatively stable and even more profitable Bitcoin and gold coexist in investment portfolios and are often used to diversify assets Bitcoin Compared To Gold – Explained Simply Bitcoin...
What Is Bitcoin Liquidity And How Does It Work?
High liquidity means that a commodity may be bought or sold quickly and easily without affecting its value significantly In the crypto business, there are three forms of liquidity: asset liquidity, exchange liquidity, and market liquidity Liquid financial markets are often wealthier and quicker; yet, illiquid markets can lock investors...
What Does Hard Fork Mean?
A fork is a moment in time at which another version of the protocol appears A hard fork is a necessary fork in the Blockchain network in the event that blocks stop being checked The hard fork has nothing to do with the Segwit2x process A hard fork is irreversible,...
What Are Bitcoin ETFs And How Do They Work?
Bitcoin ETFs are a type of asset that mimic the price movements of Bitcoin While using Bitcoin ETFs, you do not have to own the digital currency directly to trade it To understand the Bitcoin ETF meaning, it is very important to know the differences between Bitcoin ETFs and regular...