Author: Cristina Macias

Beginners who are looking to day trade Bitcoin and other cryptocurrencies will eventually become familiar with the ins and outs of the market, as well as several rules they should follow to make a profit. But why experience mistakes when you can learn beforehand so you can avoid them? Here are 6 easy tips for day trading, rookie style. Set a Timeframe Yes, crypto exchanges operate 24/7 and you can initiate a trade anytime you like even if it’s in the middle of the night, but that shouldn’t mean you shouldn’t do anything else. For this reason it’s important to…

Much like stock trading and Forex there are a few and hard rules you should follow when you invest in cryptocurrency. These mistakes usually happen throughout the course of the investment journey, but you can potentially avoid them and learn from these 5 errors by reading about them now. You Don’t Know Anything About Cryptocurrency It’s a common rookie mistake to dive in eagerly and not know what to expect. You assume that all cryptocurrencies are the same and that they’re just assets that can be bought and sold. What you should know is that cryptocurrencies are volatile, which means…

Every cryptocurrency investor will arrive at the point where he or she will choose a cryptocurrency trading platform among dozens that can be found on the internet. It’s a big decision that shouldn’t be taken lightly. Also, there are several important factors you have to take into account. How Much Are The Fees? Fees in a crypto exchange should strike a fine balance between not being too high nor being too low. Exchanges who are offering users too cheap a transaction cost are either not legitimate or lack robustness in terms of security. In the same vein, you wouldn’t be…

It’s hard not to look at the hype cryptocurrencies have brought into today’s times. You could be tempted to invest all your savings into Bitcoin without knowing about its volatility. Those who are on the fence about crypto should take a look at these 4 facts before diving into the digital asset. You Should Always Read the Crypto’s White Paper Other than Bitcoin, it’s always worth the time you take to research about a particular asset before putting down money for it. All the specifics about a cryptocurrency is available in its white paper. It’s a document that lays out…

Cryptocurrencies have become so popular that it has spawned a lot of buzz and myths that are looked upon as truths. Traders and investors should be able to know these 5 myths before putting down capital in the crypto market. Cryptocurrency is Bad for the Environment Cryptocurrencies are digital assets with no physical shape or size whatsoever. One way to obtain them is by mining, or using a hardware to solve complex tasks and getting a bit of the cryptocurrency in exchange for it. Not just any machine can mine cryptocurrency- it has to be powerful and thus, consume a…

Buying Bitcoin may seem like a daunting task, but the truth is it’s no different than buying a product on Amazon or any other e-commerce shop. Whether as an investment, for trading or as a keepsake, here’s how you can buy the amount of Bitcoin you want this 2021. Step 1. Pick a Crypto Exchange A cryptocurrency exchange is where you can hold, sell and buy cryptocurrency. It’s recommended you start with one that allows quick transfers to your personal wallet for safekeeping. Cryptocurrency exchanges vary from decentralized to ones that require a user account. The most popular ones are…

Among the hundreds of cryptocurrencies circulating around the market, two names- Bitcoin and Ripple are the most prominent in terms of liquidity, potential and application. Which is better, XRP or BTC? Let’s compare both of them below. An Introduction to Ripple It’s easy to confuse Ripple with XRP, but they are two different entities. Ripple is the company that created XRP, which is a digital asset. Ripple changed course and became a platform for money transfers. XRP was designed as an intermediary between two cryptocurrency networks. Ripple has its roots in the real world and is backed by financial institutions…

Bitcoin has become one of the hottest commodities the world has ever seen, and as a result there have been several untruths created by both uneducated and well-meaning people regarding the digital asset. Here are 5 Bitcoin myths and the real facts behind them. Bitcoin Will Take Over Cash Cryptocurrency enthusiasts often gush about how Bitcoin will be the ‘future of currency’, even going so far as claiming that it will replace cash and other traditional payment methods such as credit cards down the line. There’s a bit of truth here, largely due to the movement of cashless apps such…

Did you know that you can make money with cryptocurrency? Yes, it’s true! The market is booming with investors and people who want to get into the crypto bandwagon. Armed with a capital, a working knowledge of how trading works and tools like yuan pay group you’ll be making bank in no time. Here are 5 strategies to make money with the digital asset. Trading Trading is just one of the many ways you can make money on the internet, but it’s a very popular endeavor coming into 2021. The good news is that this method is very easy to…

Cryptocurrency trading is shaping up to be the preferred method for 2021. Not only does it offer a convenient access gateway for investors, but can also be profitable if you know what to do. Before anything else, here’s how you can set up a crypto trading asset for 2021. Understanding Cryptocurrency Trading Crypto trading comes with a lot of risks, but one way you can mitigate them is to get a deeper understanding of what you’re getting into. Crypto trading, in a sense is buying and selling cryptocurrencies with the goal of making a profit. Traders complete actions, e.g., buying…