The cryptocurrency markets are open 24/7 and tend to see the most activity during the US stock market’s trading hours. But not everyone lives in a timezone compatible with the United States, which can leave investors late to capitalize on certain trends or opportunities. Many beginner traders are afraid to get started for fear of …Read more…
Category: Blog
Crypto trading terms: A glossary of crypto and blockchain terminology
The time taken for a new block of transactions to be confirmed and added to the end of a blockchain. The time taken will depend on the Consensus Mechanism employed. A Bitcoin block confirmation takes roughly 10 minutes, while for Ethereum it is around 15 seconds. This is a type of “cold storage,” where private …Read more…
Crypto trading signal: 11 Best Cryptocurrency Trading Signals
The best crypto auto trading platforms are reviewed in the sections below. Below is a quick rundown of the best crypto auto trading platforms. Traders primarily use the platform for charting and analysis of the market. It provides comprehensive tools to its users to study the patterns of market movements. You can draw lines, triangles, …Read more…
Crypto trading journal: What Is a Crypto Trading Journal and Why Do You Need It?
However, the impact of blockchain games extends beyond the gaming industry, as students are increasingly drawn to the prospect of earning money while playing games. Many of these games simulate real-world trading and investment scenarios, allowing students to gain experience and knowledge without risking real money. All these have now created a significant impact on …Read more…
Crypto trading bot: The Most Powerful Crypto Trading Bot
This way, you will not lose your investment due to poor strategy execution. Create a program and trading bot to rebalance the portfolio every hour. Portfolio management allows one-click view for digital assets across all connected crypto exchanges. Yes, some apps allow customers to create completely custom robots from scratch. If you become a shrimpy …Read more…
Crypto wallet security: What Are the Safest Ways To Store Bitcoin?
Your bitcoins can be lost forever if you don’t have a backup plan for your peers and family. If the location of your wallets or your passwords are not known by anyone when you are gone, there is no hope that your funds will ever be recovered. Taking a bit of time on these matters …Read more…
Crypto tax fifo or lifo: Crypto accounting: FIFO vs LIFO
It’s important to note that you must choose this methodology if you’re unable to meet the specific ID due to a lack of detailed records. Disposing of the first in gives you the highest taxable gain and is generally considered the safest approach because it reduces the risk of underpayment penalties from the IRS. Because …Read more…
Crypto swap vs exchange: How do I swap crypto? How Do Bitcoin and Crypto Work? Get Started with Bitcoin com
In essence, CEXs act as middlemen between the buyers and sellers involved in trading, where the return is generated through transaction fees and commission. Centralized exchanges have their own rules and regulations, but they work on a common goal to provide users access to the prevalent assets. Decentralized exchanges come in different forms, i.e. order …Read more…
Crypto peer-to-peer lending: Best Crypto Lending Platforms
An intermediary website usually sets the rates and the term for the lending agreement, and once the terms are agreed by both parties, the transaction is facilitated. Borrowers are also subject to taxes if the platform liquidates any collateral in the case of a margin call. In this case, borrowers take a loan in fiat …Read more…
Crypto support and resistance: Bitcoin CME Gap at $28,000 Filled, But Correction Risk Looms
The Solana price has moved above an important Fib resistance level, signaling it has begun a new upward movement. Some of these projections will produce trigger prices so far removed from the price action that they can be ignored. The closer the trigger price to the current price, the more quickly it will come into …Read more…