Guides

Diversification is among the best ways to maximize one's returns, and many investors use it for their investments today. An investor may choose to invest in many different financial assets, including stocks, crypto assets, and gold, creating a portfolio.  Crypto enthusiasts diversify into assets like stablecoins, cryptocurrencies, private coins, and other solutions like wallets and exchanges, creating a crypto portfolio. However, the crypto portfolios might lose value or become unattractive due to market uncertainties.  The portfolio needs investment assets that…

Investors in the crypto space regularly find themselves in a difficult position when implementing specific investment strategies. In particular, Newbies have difficulty understanding cryptocurrencies and how to leverage them for profit maximization. It is indisputable that digital currencies tend to be volatile, making them a risky venture. Without a solid investment plan, investors can easily experience financial losses. However, mitigating these risks is more comfortable with the power of crypto trading bots. In essence, trading bots are software that applies artificial…

Bitcoin is the oldest cryptocurrency and continues to be the most substantial coin, with a market capitalization of $325B. According of March 2022, there were over 40 million Bitcoin addresses with balances and a total of 85 million cryptocurrency addresses including all altcoins addresses. Most of these wallets are used in cryptocurrency trading, among the drivers of crypto adoption. It is an exciting venture and can be pretty rewarding. However, prospective traders should note that it can still be daunting.…

Cryptocurrencies have long been a subject of debate, including government rejection. However, they are now being accepted as financial tools that can be useful in the global economy. Moreover, they have a high potential for building a better future by providing easier access to capital and finance for all.  Today, the new class of crypto investors is reaping significantly from the cryptocurrency industry, provided they can wade through and come up with a grounded portfolio. A great portfolio allows investors…

To solve the current issues faced in the financial world, digital currencies were invented, with Bitcoin being the first of its kind. Fourteen years later, bitcoin has grown from less than a dollar in 2010 to almost $17000 in January 2023, after hitting an all-time high in November 2021 of $69000. The open-source software possesses distinct yet convenient features that have become an investment option for many. Among the features include decentralization, privacy, transparency, and many more. Due to this reason,…

A crypto portfolio is primarily a collection of different investments made by an individual or an organization in the crypto world. The portfolio arises when someone invests wealth in multiple assets like BTC, LTC, ETH, XRP, etc. However, managing investment in a single coin is complex, so Crypto portfolio management is incredibly complicated.  Due to the recent developments in the crypto world, new platforms have joined the crypto market to help users manage their crypto portfolio. This write-up will list…

Despite the rapid rise in cryptocurrency value, mainstream adoption seems to be a far-fetched dream. In a survey by Finder.com involving 2,001 American adults, it was established that only 7.95% of respondents owned bitcoin, with the majority being millennials at 17.2% compared to baby boomers at 2.2%. Furthermore, 92% of Americans have never owned cryptocurrency, with only 7.76% claiming they will purchase one in the future.  However, despite the low rates of crypto uptakes, especially in Europe and America, there…

The introduction of cryptocurrency has led to great strides in the financial world. Foremost, e-commerce has become even more accessible, with digital currency being one of the best payment methods. Additionally, crypto-assets like BTC and ETH have been a source of great wealth for many investors because of the positives of crypto market volatility.  As such, many people have been thinking about adopting crypto to make a living, but the crypto world's complexities still hinder many. But how can anyone…

Blockchain is primarily a distributed ledger designed to foster transparency and immutability of information and, most commonly, transactions. The idea of blockchain was initially instituted in 2009, with the most successful crypto asset, bitcoin. Since then, there have been many other crypto introductions, including the launch of the second-best-performing blockchain, Ethereum.  Ethereum introduced the concept of smart contracts, which paved the way for the speedy introduction of crypto tokens. Tokens are primarily a digital representation of another asset, real-world or…