Written by Ukeme Introduction Non-fungible tokens, or NFTs, are taking the world by storm. Digital tokens have been around for a few years but their popularity exploded when artist Beeple sold his artwork, Everydays: The First 5000 Days, in March for a breathtaking $69 million. NFTs rely on blockchain technology to designate an official copy of a piece of digital media, allowing artists, musicians, influencers and sports franchises to make money selling digital goods that would otherwise be cheap or free.  In this post, we will define NFTs to give you a broader understanding of the term a ..read more

By Cassidy Nguyen It has happened to all of us that we have been positioned in a profitable winning trade and then suddenly your position switches and you become in a losing trade or even break even by the end of the day. A trader who understands Risk to Reward can greatly improve their chances of becoming profitable because it is the most significant metric in trading. To put it simply, risk reward is a measure of how much you risk in a trade for how much profit you make. Known as ‘The Holy Grail’- Risk to Reward Quadrants QUADRANT 1- Beginning Trader  “A trader places a buy position fo ..read more

Written by Cassidy Nguyen Previously, we learned about what technical indicators are, but let’s refresh our memory. In technical analysis, historical price and volume data are collected to identify trade opportunities based on statistical trends. To evaluate the strength and weakness of an asset, technical analysts examine patterns of price movement, trading signals, and other analytical tools. In addition to cryptocurrencies, forex, commodities and stocks, technical analysis can also be applied to financial instruments with historical trading data. That being said, there are some indicators t ..read more

Written by Cassidy Nguyen Cryptocurrency Trading Technical Indicators Stocks and cryptocurrency are usually analyzed by traders through two different lenses: Fundamental analysis and technical analysis. Fundamental analysis evaluates an asset’s value by analyzing its sales, profits, competition, assets, liabilities, etc. In contrast, technical analysis focuses exclusively on analyzing trading data, such as price and volume, to evaluate statistical trends. To spot trading opportunities, technical analysts examine price patterns, chart formations, and a variety of key indicators. Technical Analy ..read more

Written by Cassidy Nguyen You probably have heard people trade Bitcoin with 100x leverage, did you? Your eyes swept around to see where you could make a fortune if you put this much into it and leveraged it that much. What could happen if things don’t go your way — words like margin call, liquidation and losses. Let’s take a look at what trading crypto with leverage is, what you should know before you take the plunge. Bitcoin leverage trading is a popular way for traders to maximize their profits. In order to gain leverage, you need to trade margin or crypto derivatives. Often, people start tr ..read more

Written by Cassidy Since the introduction of cryptocurrency, everyone seems to be on board, but for many individuals across the globe, cryptocurrency is not legal. Despite the fact that cryptocurrency is a decentralized and unregulated form of money, there are no international laws that govern how it all works. In spite of this, many governments around the world have tended to be hesitant about cryptocurrencies, and some have even banned them outright. Cryptocurrencies: Where Are They Legal Tender? At this time, Bitcoin is only recognized as legal tender by one country – El Salvador. President ..read more

Written by Cassidy Nguyen Since cryptocurrencies like bitcoin started to generate success stories, there has been a legalization battle underway. A digital currency is called a cryptocurrency as it is used to perform digital transactions, utilizing cryptography to ensure the privacy and security of such transactions. Cryptocurrencies like Bitcoin (BTC) have been the first widely successful one, but other successful cryptocurrencies like Ethereum (ETH), Litecoin (TCC), Ripple, and Dash followed soon after. As a result of the proliferation of cryptocurrencies, we are often unsure which ones are ..read more

Written by Cassidy Nguyen Altcoins, also called digital cryptocurrencies, were launched after Bitcoin became popular, thus our name, meaning “alternative to Bitcoin”.  Since Bitcoin was created, there have been over 5000 alternative currencies created. As a result of Bitcoin’s success, many new peer-to-peer cryptocurrencies have emerged to mimic its success. Bitcoin’s structure has been used as the foundation for many other cryptocurrencies. Thus, most altcoins are peer-to-peer, require a process of mining by which users crack blocks in order to operate, and provide secure and inexpensive ..read more

Written by Cassidy Nguyen The popularity of Shiba Inu has  increased tremendously. The COIN was dubbed a “Dog killer” and has experienced a significant price rise and plenty of volatility. So what are the differences between the two cryptos and what should you consider before investing? You’ll want to know the details outlined below. What is Dogecoin? Dogecoin was originally created as a joke, as you may know. Jack Palmer and Billy Markus developed it in 2013. The image is a stylized version of the Doge internet meme. Though it was intended as a joke, there is a certain amount of utility ..read more

Written by Cassidy Nguyen Despite its volatility and wild ride over the past couple of months, cryptocurrency has always been volatile. The price of cryptocurrencies has plummeted dramatically after they broke records and reached record highs. Investors can benefit from market crashes when they allow them to score bargain stocks. Crypto crashes could make cryptocurrencies more affordable for people who have been hesitant to invest in cryptocurrencies because of sky-high prices. Is that a reason to invest now? Think about your risk tolerance Cryptocurrencies are prone to crashes like this one ..read more