Guides

Bitcoin continues to capture headlines globally as a superior store of value. Ten years ago, major financial institutions wouldn't have dreamed of converting their currency reserves over to Bitcoin. Nowadays, this decision is more common than ever. The rapid growth of Bitcoin can be attributed to various factors, including increased public awareness, improved technology, and easier access. On the last note, there are hundreds of cryptocurrency exchanges to buy Bitcoin from today. However, these exchanges are all individually owned and…

The sim card, that small plastic chip tailored to fit into the phone's sim card reader, plays the role of notifying one's cellular device on which cellular network to connect to. It also informs the network provider of the phone number a user will use. Due to the nature of mobile cellular devices, they are usually prone to be lost. This necessitates switching all these details to a new subscriber identity module (sim) card, increasing ties between one's phone number…

As a new cryptocurrency trader, there are many options to choose from. The market is hot right now, and selecting the right exchange for your trading activities will help you save on fees and secure higher ROIs. Notably, not all exchanges are created equal. Today, there are different types of exchanges. Each exchange has its options, features, and fee structure. Here are the best exchanges to start trading cryptocurrency. Bitstamp Bitstamp is another experienced exchange that has offered services to…

It's a new year, and Bitcoin is on fire. The market is hot, and new investors are eager to join the party. While it's true, you can find Bitcoin on many exchanges nowadays. Unfortunately, not all of these exchanges are the best place to buy the world's oldest cryptocurrency.  Experienced investors understand that the exchange you buy your crypto from must be secure and reliable. There's nothing worse than when someone loses their hard-earned crypto because they didn't DYOR and…

It pays to understand how APIs (Application Programming Interfaces) can improve your trading strategy. These handy protocols have drastically increased development over the last three years. An API software intermediary allows two applications to communicate freely and automatically. Today, a wide variety of API types are used in the market. Each protocol acts like a robotic messenger that delivers your request to a service provider and then delivers the response. The integration of APIs into your trading strategy can shake…

Any crypto user should be concerned with the security of their digital assets. As you may know, cryptocurrencies are decentralized; thus, the sole responsibility of securing crypto assets lies with the owner. While hacking presents a serious risk to cryptocurrencies, user error involving the loss of private keys, seeds, and mnemonic passphrases has become a common way individuals lose their crypto assets. There are numerous cases where individuals lost their entire crypto portfolio by losing their laptops, hard drives, hardware…

What is the best way for any crypto trader to store their crypto assets? Well, the simple answer is a secure cryptocurrency wallet. The question arises from the fact that exchange platforms are a complete no for asset storage, but the wallets have technologies to help protect the coin for ages. However, the recovery seed, a passphrase, is among the necessities of setting up a wallet. In many cases, the phrase is between 12 and 24 random words, making the…

The key to success in financial trading, including crypto trading, is to maximize profits while minimizing risks. Minimizing risks requires thorough market analysis using both fundamental and technical analysis to achieve a profitable trading strategy. Several technical indicators can be used in crypto to establish market trends and enter/exit a trade when the time is right.  A popular and efficient technical indicator in analyzing crypto markets is the Average True Range (ATR) indicator. The ATR indicator indicates market volatility and…

Crypto assets are some of this century's most promising financial technologies and an attractive financial revolution and investment. According to many experts, bitcoin has a fair chance of outperforming gold. Other crypto assets are also doing very well, attracting millions yearly investments.  However, high profits come with high risks, and the risk is especially magnified for beginner traders. Because of lacking experience, some traders make mistakes that cost them fortunes in their investments. Keep reading to find some of the common…