Recently, a panel of experts predicted that Ethereum’s token Ether (ETH) would rise to $20,000 by 2025. Many extol the virtues of the future of decentralized finance (DeFi), and the Ethereum project is at the center of that narrative. Such bold estimates for Ethereum’s value are based on the popularity of DeFi, and Ethereum’s recent … Read more
After all the cryptocurrency hype, you might be getting ready to make your first crypto investment. Easier said than done. As interest in the concept of digital currencies has increased, so has the number of exchanges that make trading possible. So, where should you begin? Here is a breakdown of features you can look for … Read more
There are many different ways of investing money. Buying and selling cryptocurrencies is quite a new thing, however, many are interested in this topic. The truth is that this type of investment can bring you great profits but there also lies quite a big risk in it. This is why it is really important that … Read more
Everybody was skeptical about Bitcoin right until it shot up in 2017. Then, everybody and their dogs wanted to know what Bitcoin was. What most people seem to miss is that volatility works both ways. Granted, Bitcoin’s volatility helped investors squeeze three-digit returns. However, those who stayed invested know that Bitcoin prices plunged just as … Read more
Yes, it is. Shorting is when you sell your bitcoin, hoping or expecting its value to drop. The aim is later to purchase it at a lower price. This allows you to earn a profit by buying low and selling high. The price difference can also mean a loss if you predicted wrong, and instead … Read more
Centralized financial structures are starting to embrace crypto further, through new custodial programs and services. Which could play an integral role in the future of crypto finance. 2020 has been weird in a year more ways than one, but perhaps the most fascinating of about-faces that this year has brought us (as far as this … Read more
As a trader, you can choose from different asset classes. Forex and cryptocurrencies are only two examples. But those are the ones we will focus on today. The idea of comparing forex to cryptos may surprise you at the beginning. Read the article and you will discover it is totally justified. Forex vs cryptos Both, … Read more
Before you get started you might be wondering why trade cryptocurrencies in the first place?… There are four main reasons why you should consider investing in the cryptocurrencies trade right now. 1. As of 2017, the total valuation of all cryptocurrencies has surpassed $100 billion. As new cryptos are launched and the value of existing … Read more