Guides

This year has been an exciting one for crypto investors so far. The introduction of new sectors and technologies has reshaped the landscape of the industry. These changes have ushered in exciting opportunities for developers and investors alike. While it may seem impossible to keep track of these developments, some have resin above the competition to become major points of interest. Here are 10 projects to watch in 2021. Avalanche (AVAX) Avalanche can be considered a "platform of platforms." The…

The DeFi sphere was launched in 2017 during the launch of DAI, and since then, it has garnered billions in TVL. Although just a few years old, this world has produced some of the best financial tools, thus proving to be one of the most substantial economic disruptions. Now, more platforms with unique tools come out every other month. Although Defi's growth is tremendous, some platforms are yet to go mainstream but have excellent services. Let's look at six uprisings…

Cryptos have been hyped as a strong contender for the next evolution of money. Their revolutionary features have always driven their growing interest as a means of exchange and asset. Having had humble beginnings in 2009 as more or less a geek's plaything, usage and investments have since surged. Investors, veterans, and newbies consider it a viable avenue to entrust their hard-earned capital. The diversity in players investing in cryptos has profoundly affected each player's type of investment strategy. In…

Is position trading profitable? The answer to this question is yes. This strategy made the top 25 highest-earning hedge fund managers generate billion in profits in 2022. Position trading involves HODLing positions or crypto assets for an extended period, usually months or years. Position traders ignore short-term price movements to profit from longer-term trends. This trading technique is suitable for various trading markets ranging from cryptocurrencies, stocks, bonds, and commodities to forex. In the crypto-verse, the strategy has seen tremendous…

The Candlestick chart (also known as the Japanese candlestick chart) is a type of financial chart that describes price movements for security, derivative, or currency. The pattern is thought to have originated from a Japanese rice merchant named Munehisa Homma in the 18th century. The pattern was later introduced to the United States by Steve Nison in his book Japanese Candlestick Charting Techniques. A Candlestick's performance varies depending on the type. An analysis done by Thomas Bulkowski, who built performance…

In the past, if you wanted to purchase altcoins to support these projects, you needed to first get your hands on some BTC or ETH. This extra step often meant finding a centralized fiat-on-ramp and locating an exchange that offered the Altcoin you desired. The process was cumbersome and required you to navigate multiple platforms and incur fees. This process has been streamlined significantly, thanks to the introduction of altcoin/fiat trading pairs. Some top exchanges have expanded their fiat trading…

For any person involved in crypto investments, the term hodl has popped up at least once. A misspelling of hold first popped up in an old bitcointalk post, the poster declaring he'd hodl his bitcoins no matter the market situation. The word became an instant hit. For any investor, newbie, or veteran, large or small, knowing when hodling is the right decision is crucial to making money. That calls for more in-depth knowledge of crypto trading, which is quite different…

The term hodling was first coined in the most unexpected of ways. An old bitcointalk post had a user proclaim that he would hodl, a miss-spelling of hold, onto his bitcoins even when prices plummet. Admittedly, he had gobbled a fair share of whiskey before the post. So to hodl or not to hodl, what signs show it's time to sodl? Unfortunately, Sodl is a miss-spelling of the word sold, implying selling one's crypto. Well, the article shall delve deep…

Do you want to invest in the financial and crypto markets but have no idea what trading strategy to use? Unfortunately, thousands of other beginner investors worry about the same every other time. Of course, there are several trading strategies, each with different profit potential. Therefore, when considering the strategy to deploy, a trader needs to understand the different aspects affecting trading, including time/availability, capital, and expected returns, among other factors. Time requires serious consideration since investors should know their…