Handy Tips

After the extreme volatility of cryptocurrencies, the great market crash in 2022 taught a hard lesson to many. The price of cryptocurrencies had vigorously fluctuated within two years. Many started considering cryptocurrencies a volatile market full of uncertainty and speculation at the time. Bitcoin is the first and largest cryptocurrency based on market capitalization. It experienced massive growth starting in 2020, mounting from $9000 to $69000! [caption id="attachment_328303" align="alignnone" width="1680"] Source: Coingecko[/caption] Many people and institutional investors soared on the cryptocurrency bandwagon,…

When venturing into the cryptocurrency business, you must create an all-rounded portfolio. Therefore, several tips will come in handy to help you decide which coins to add to your portfolio and which digital assets to invest in. Although it will all depend on your personalized expectations on the assets to include and the coins to trade, a simplified guide will at least give you a jump start on what to expect while you get into the crypto race. Portfolio Diversity Diversity is…

“Don’t get in, it’s a scam”    “You’ll lose a lot of money”    “The market is too complex” These are just some of the comments people get daily when discussing the cryptocurrency market. People worldwide consider the crypto space a money-losing machine, something too complex to understand. If you want to lose money, there are thousands of other ways than just the crypto market. But if you can understand the technology, why it is essential, and what the future can…

The world first heard of cryptocurrencies in 2009. Despite the initial skepticism over the digital coins and blockchain technology needed, the world slowly grew warm to the idea of decentralized currencies. With time, cryptocurrencies have attracted an increasingly massive number of global users. However, as the crypto industry continues to gain popularity, the chances of crypto cybercrimes increase. Cybercriminals are using ransomware-like tactics from various target devices to secretly mine cryptocurrencies. Cryptocurrency mining became a lucrative business as cryptocurrencies grew…

For the years that cryptocurrencies have existed, most investors have gotten away with not reporting and filing their taxes on their crypto assets. This move was aided significantly because cryptos were still in their infancy, and no one knew how long they would last.  But times have changed. Today, more people globally are showing an interest in cryptos. As a result, Crypto mass adoption is the primary goal for most stakeholders in the industry. However, to achieve this, it is…

Blockchain and cryptocurrency form a technology that involves multiple streams of knowledge to function. Some of them, but are not limited to, include Economics, Network Theory, Cryptography, Distributed Computing, and Game Theory. It makes sense why people who are new to the field are easily discouraged from continuing learning. However, blockchain and cryptocurrency involve rigor and openness to learning new areas of knowledge. A new market has developed to help people understand the technology: the Market for Educators. Being as complex as…

The HODL Gang There is no shortage of malpractices in the crypto market. Plus, the amassing greed, negligence of fundamentals, and other types of human errors all contribute to the constant loss of funds. For example, Fortune Magazine reported that about 4 million Bitcoins had been lost forever. This happened because many people who held bitcoin in their wallets either forgot their passwords or lost their backup phrases. HODL is what we in the market keep telling each other about…

Bear markets are brutal when they hit. Fortunately, they tend to be much shorter when compared to Bull Markets. But if investors are not well equipped strategically, a small drop will make them panic sell, which could wipe away all their savings. A Bear market is any market condition that shows a downtrend after considerable growth. Most investors consider the bear market an indicator of a failing market and industry. But to a seasoned investor, the bear market represents an…

Well, cryptocurrencies have been making headlines everywhere, all over the world. People are making fortunes off the new trend, and there doesn’t seem to be a shortage as more cryptocurrencies are coming into the market. But are cryptocurrencies being used for what they mean - “currencies”? To be a currency, an instrument should function as legal tender. Meaning that if I have bitcoin, I must be able to use that bitcoin to pay for my restaurant bill or buy a…