Yield Farming You must have come across the idea of Yield Farming when researching prospective techniques to increase your cryptocurrency asset portfolio. Yield farming could be a good choice if you have invested in unique cryptocurrencies and want to make a substantial profit. However, before you jump right on the bandwagon, it is important to understand how Yield Farming operates. Yield farming Yield Farming is a Decentralized Finance (DeFi) mechanism where a consumer can…
@Human in February 2021
Initial Exchange Offering Due to the possible profits that traders could make, Initial Coin Offerings (ICOs) grew in popularity in 2017. ICOs are a novel form of crowdfunding ventures harnessing blockchain technology, more widely referred to now as IEOs (initial exchange offers). Traders add cryptocurrencies to the project (or fiat, occasionally) and get some of the tokens of the project in exchange. Generated through what is known as a Token Generation Event (TGE), such…
Fundamental Analysis You want to know, as a crypto trader, what causes prices to rise, fall or stagnate. Although markets are not always straightforward, you can sometimes get at least a fairly good idea of what the most likely outcomes might be, with good analysis. A good trader understands when to trade. They consider business dynamics and recognise markets where they can forecast what will happen next in a reliable manner. But how are they doing that? Here, there are two…
Segregated Witness The creation of SegWit resulted from the objective of growing the Bitcoin blockchain's transactional capability. In August 2017, SegWit was integrated into the Bitcoin network and had a huge influence on Bitcoin and the wider marketplace of cryptocurrencies. One of the key outcomes of the SegWit implementation was that a group of developers created a hard fork in the Bitcoin blockchain and formed a new cryptocurrency, Bitcoin Cash, which was also released…
Fear of Missing Out FOMO is popular with traders. This stems from the belief that other traders are more successful and also generates an immediate desire to succeed. A lack of long-term perspective, too high and unreasonable aspirations, too little trust or overconfidence, and impatience may result from FOMO. The feeling of losing out, for example, can cause traders at inopportune moments to close trades or risk too much money. It can also make traders with little thought…
Cryptocurrency Wallets You would need a wallet if you are interested in using virtual coins such as Bitcoin, Ethereum, Bitcoin cash or any other of the over 1,500 coins and tokens currently available on the market. This guide is your shortcut to knowing what a cryptocurrency wallet is, how they function, and which one suits you best, if you are new to cryptos. Crypto wallets A software application that gives you access to all the cryptocurrencies in your possession and…
Smart Contracts Smart contracts have emerged as a game-changer in the future of decentralized finance following the emergence of the Ethereum blockchain (DeFi). But what makes it so clever with smart contracts? In addition to the customization and the digital signatures attached, due to their self-executing nature, smart contracts are smart. Smart contracts Smart contract is a term used to describe computer code that executes all or parts of an agreement automatically and is…
Non Funguble Token Nonfungible tokens (NFTs) are on the rise in the rapidly emerging blockchain industry as tokens that are constrained in their digital scarcity. NFTs are bridging capital closer to blockchain technology through various collectible sectors, such as gaming, sports, and fine arts. But what exactly are NFTs and how do their results ripple through the world of blockchain? Non fungible tokens Nonfungible tokens (NFTs), also referred to as crypto collectibles or…
Do your own research In the world of cryptocurrencies, DYOR is one of the most commonly used terms. "Do Your Own Research" is the complete form of DYOR, which is a general reminder for a trader to make his own decisions as well as to have strong investment knowledge. This word is known to all the trading groups in the blockchain or literally in the entire crypto world. If a trader is new to the cryptocurrency, there are chances that other individuals will trick and deceive…
Shitcoins The demand for crypto-currencies is a hub with several different types of coins. There are also massive chances that some of these coins will be really good if the range is immense, and some of them will be really bad. So, any cryptocurrency coin that is not really liked by any human and they obviously don't even want to talk about it is the simple definition of shitcoin. In short, as per the growing demand, it can essentially be any coin that has no decent and…
Trading Bots Churning out profit usually depends on how easily one ends up buying and selling digital assets in crypto trading. As a consequence, even a slight delay will lead to noticeable losses in these trade-offs. That is why individuals also consider using bots for crypto trading. You may not be familiar with how crypto trading bots work and how you can use them as a novice crypto investor. Crypto trading bots Crypto Trading Bots are programs developed on your behalf to…
Why we need to pump Bitcoin Cash price We have seen lot of ups and down with the price of Bitcoin Cash. To its all-time high three years ago to its all-time low. At the time of this writing, Bitcoin Cash is trading at $718 and currently ranked 9th in the top ten coins by market capitalization. Bitcoin cash was created to solve the scalability issue of Bitcoin. Bigger blocks means more transactions can be accomodated on the blockhain network. This will result to faster…
Coins Versus Tokens In the sense of cryptocurrencies, recognizing the distinction between coins and tokens is a Herculean job. While both of these terms are sometimes used interchangeably, in the crypto ecosystem, they refer to two distinct definitions. While using these words interchangeably per se is not an offense, to learn more about the future of crypto and blockchain, one must comprehend a simple understanding of coins and tokens. Coins Coins apply to cryptocurrencies…
51% attack Over the past year or so, a number of cryptocurrencies have come under 51 percent attack. To understand what 51 percent attack is, we need to step back and understand a few concepts about how blockchains operate. Decentralized networks have long existed before Bitcoin, the most notorious being Bittorent. Yet Bitcoin is the first use of a decentralized network for finance. But what makes Bitcoin’s decentralized network distinct from earlier P2P networks? In…
Bug or Marc pulled out? As I was browsing the top articles today, I've noticed something, something that made me a little worried. All the tips that those article came from other users. No tips came from@TheRandomRewarder. Does it have something to do with the missing funds? It was first pointed out on this article that the fund information is missing. https://read.cash/@potta/wheres-the-fund-information-e75cddb7 And the developer made this statement about the fund…
Crypto Trafing Terms In the world of cryptocurrency trading, there are far too many equations that change in a matter of seconds. Crypto traders use a number of terms, acronyms, and abbreviations, which is understandable. These concepts are often used to define a particular idea in crypto trading, investment management, or general finance. **FOMO** FOMO stands for "fear of missing out," and it refers to the act of panic-buying crypto assets. Traders can purchase crypto…