Tag: cryptocurrency

Unless you’ve been living under a rock, you might have heard some recent buzz about cryptocurrencies. Cryptocurrencies come in many shapes and sizes and have a variety of interesting uses. For the average person, the point of investing in crypto in the real world may seem hard to come by.  Whether you’re looking to get into crypto or you want to see what all the fuss is about, you’ve come to the right place! Here’s everything you need to know about crypto and why it’s so useful, laid out in these 6 situations. Read on to learn how you could use crypto today to better your life and the world! 1. A hedge against inflation One of the main reasons why there's such a buzz about crypto is because it’s…

Bitcoin was the first cryptocurrency to be introduced and it is the most widely used across the globe. It is a decentralized form of currency which means that it does not rely on a bank or a central authority for transactions to occur. This form of currency is created and held electronically, known as digital currency. This cryptocurrency form has been designed in a way where it can be used as an alternative to normal currencies. Those who participate in transactions using this form of currency are called Bitcoin miners. What is Bitcoin? Bitcoin is a form of cryptocurrency. It is a type of digital currency with no central bank or single authority that can be sent directly from one to another. Network nodes use cryptography to verify transactions, which…

Cryptocurrency trading can be a profitable venture, but it can also be quite risky. If you are not familiar with the cryptocurrency market, then it is important to learn about some of the basics before you start trading. This blog post will discuss six crypto trading tricks that you must know about. Learn to use bots One of the primary things you should do is learn to use bots. Bots are computer programs that can help you automate your trading. There are many different kinds of bots and they can be used to automatically place orders, track prices, and even make decisions for you. For instance, in placing orders, you can set a bot to buy or sell when the price of a cryptocurrency reaches a certain point. This can…

There is no doubt that cryptocurrencies and NFTs are closely linked together. In fact, it is fair to say that without cryptocurrency, there would be no NFTs. But the question remains: Does crypto's price affect the NFT market? This post will first explain briefly what NFTs and cryptocurrencies are and then detail how they are linked together. Finally, you will learn that although they are closely related, they are two different markets driven by different things. What Are NFTs? NFT stands for "non-fungible token" and is a new form of digital assets that are scarce, non-fungible, and tradeable. They can be anything from games to artwork and have become the unique asset of choice for many people, from investors to celebrities. NFTs have many advantages over other digital assets because they…

Cryptocurrency is basically decentralized digital money, based on blockchain technology. Blockchain technology is simply a decentralized and distributed ledger that records the ownership of a digital asset. What is the main point of cryptocurrencies? The main point of cryptocurrency is to fix the problems of traditional currencies by giving power, control, and responsibility of currency or assets to currency holders. You must have heard about Bitcoin and Ethereum, the two most famous cryptocurrencies. Bitcoin was first released as open-source software in 2009 and was the first decentralized cryptocurrency. We may know about only some popular ones but according to CoinLore, there are more than 5,000 different cryptocurrencies in circulation to date. According to Jan Lansky, a cryptocurrency is a system that meets six conditions. A currency system that does not…