Bitcoin

There's no doubt that bitcoin is the most valuable crypto asset of our day. According to coinmarketcap, the price of Bitcoin was around $21k, with a market cap was almost $402 billion, more than twice the value of the second-largest crypto asset, Ethereum. Bitcoin's market capitalization is larger than the value of the first ten altcoins combined.  Expert analysts have predicted that the price of bitcoin in the future could increase to about $250k. Looking at the past market charts…

Bitcoin was introduced in 2009 and has proven to be a highly lucrative investment asset over the 14 years. Over the years, Bitcoin has gained value from merely less than a dollar to over $69,000 in November 2021. As a result, any investor who has held Bitcoin since 2009 can say they have made extreme profits.  When considering the 2021 bitcoin market bull run, it can clearly say that Bitcoin is a reliable and excellent investment asset. After the launch…

Despite being in existence for over a decade, Bitcoin (BTC) is going mainstream now. Unfortunately, its relative newness has bred the perfect ground for myths and misconceptions about it to thrive. For the most part, the mainstream media hasn't helped its cause either. Ignorance about their function has seen them misrepresent and downright discredit it. Opinion and news pieces portraying them as a scandal and a bubble waiting to pop abound, even in respected outlets. So for a budding investor,…

Bitcoin price is currently well over $50k with an outstanding 66% market dominance making it the highest-valued cryptocurrency. The crypto developed in 2009 has seen its high prices realized through the end of 2020 and the first quarter of 2021. The records show an all-time high price of $61.55k, and future predictions lean on its price increasing to $100k. Certainly, the BTC rally doesn't seem to have run out, regardless of the 600% price surge since its launch.  Despite recent…

As your crypto investment career expands, you will eventually consider securing your holdings using a hardware wallet. These devices are far more secure than software-based wallets due to the introduction of an "air gap." Additionally, this strategy keeps your cryptocurrency offline when not in use. As such, hardware devices provide the highest level of security to investors. Consequently, more full-node operators than ever have chosen to integrate a hardware device into their strategy. The popular hardware wallet manufacturer Ledger now…

Bitcoin is still the most prominent cryptocurrency, with a market capitalization above $ 850 B. Its value rose in early 2021 to smash the $60,000 mark and even set an all-time high at $69,000. It can compare the recent spike in Bitcoin to the 2017 bull run, where Bitcoin's price eventually lowered massively. It's the nature of all cryptocurrencies, but they still provide remarkable opportunities to earn profits. Financial technology experts are constantly devising investment strategies like the dollar-cost averaging…

Entering a Bitcoin trade at an opportune moment can be a hassle. But exiting a trade can be far more challenging, especially if you lack a solid exit strategy. Not knowing when to exit a market can result in making premature profits or becoming an unwilling Bitcoin holder. If you're thinking of taking some of your Bitcoin profits and reinvesting it in other sectors or paying some bills, you need to develop an effective exit strategy. Here, we look at…

Learning to sign a message with Bitcoin is the next step in becoming a more informed investor. Most people are surprised to learn that message signing is a basic feature of Bitcoin. The purpose of message signing is to prove that you are the actual owner of an address without moving any assets. You must possess the account's private keys to sign a message on the blockchain. Benefits of Message Signing The ability to sign messages may seem trivial, but…

It has become evident to many in the market that HODLing is a smart strategy. It's easy to see why you wouldn't want to relinquish ownership of these valuable coins. Nobody knows the top-end value of Bitcoin, but as more major financial institutions warm up to the concept, there will be a growing demand for the coin moving forward. While HODLing Bitcoin is profitable, it's not the only way to retain ownership of your coins and still make a healthy…