Which investment type of Cryptocurrencies exist?
There are several ways to invest in Cryptocurrency. Depending on the amount of time you can devote to Сryptocurrency trading, you can choose one of these types: 🔸 If you have enough free time, you can do day trading – exploits daily market volatility to buy and sell profit. 🔸 Swing Trading – uses weekly […]
Which investment types of Cryptocurrencies exist?
What is Ripple?
Ripple is a technology that acts as both cryptocurrency and a digital payment network for fast and cheap financial transactions. The system is based on the distributed network protocol, which makes financial transfers using the cryptocurrency Ripple XRP as a token in the network. In short, the money is converted into Ripple (XRP), which is […]
5 use cases of Blockchain Technology
Blockchain is the latest technology, the interest in which has grown along with the popularity of Сryptocurrencies. However, now it’s used not only in the world of finance. So, where can blockchain technologies be used other than Cryptocurrencies? 🔸 Government. Blockchain can hold civil servants accountable through smart contracts, ensure the security and integrity of […]
What is “Mempool”?
A mempool (a contraction of memory and pool) is a cryptocurrency node’s mechanism for storing information on unconfirmed transactions. It’s like a waiting room of the Bitcoin network. When a transaction is transmitted to the network, it first gets verified by all of the computers participating in the Bitcoin network. It usually takes about 10 […]
Things you need to know about Blockchain Technology
Blockchain is a distributed database that stores an ordered chain of records (blocks), which is constantly lengthening. In fact, it is a kind of record book of all transactions. Benefits of Blockchain Technology: 🔸 Transparency – the blockchain stores data on all transactions for the entire history of the system (cryptocurrency); 🔸 Stability – you […]
What is a “token”?
Token is a digital key that helps you identify yourself. Unlike a regular password, it is constantly changing and generating new numbers. Blockchain projects issue their own unique tokens. For example, if you have an idea, but you don’t have the money to implement it. That’s why you create an ICO – a campaign to […]
Are Cryptos worth investing in 2022?
The Cryptocurrency market is relatively young but it’s actively developing and has already allowed many people to become millionaires. So let’s see some forecasts of Cryptocurrency future: Bill Noble, chief technical analyst at TokenMetrics, a cryptocurrency analytics platform, thinks the price of Bitcoin will climb throughout: “I think it’s more likely Bitcoin goes to $75,000 […]
Are Cryptos worth Investing in 2021
The term ‘cryptocurrency’ has become extremely popular in 2021 with Bitcoin being the first amongst a multitude of different cryptocurrencies. But, some people don’t quite understand what a cryptocurrency is. Some people think that cryptocurrencies are just random numbers on a screen while other people seem to believe that cryptocurrencies are just online versions of […]
Understanding Blockchain Technology – Things You Need to Know!
‘Blockchain technology is a term that is frequently associated with cryptocurrencies, but most people seem to have a lot of confusion about what this term actually means. Some people mistakenly think that Blockchain refers to a specific website while others think that is an app. In reality, blockchain is a type of technology that’s used […]