The Journey Begins I’ve recently begun dabbling in the world of cryptocurrency, and decided I would start a blog, both as a way to document things I learn and experience along that way, as well as possibly help someone else that is also trying to get into this figure out some of the basics and useful resources. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications software engineer. Treat everything…
Getting Some Free Starter Crypto For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications software engineer. Treat everything you read here as some educational resources and not financial advise. Some of the links you find on here will also be affiliate links, so using them will benefit the both of us. Pre-Ramble In my last blog post, The Journey Begins, I talked about a lot of the basics behind some…
Crypto Wallet: How To Pick One In today’s post, we are going to discuss a very important topic – crypto wallets. A crypto wallet is the magical math based addresses that you use to store your crypto gains. There are a number of these out there, of all different types, and it can be a little hard to see which ones are good for what purpose, so I’m hoping to spread a little bit of knowledge on the subject and hopefully everyone can keep their crypto as locked up as gold at…
Blockchain: What’s A Blockchain? In today’s post, we are going to take a step back from looking into crypto trading, and look at the underlying technology. We will answer the question, what the hell is the blockchain? If you’re new here, or just want to get to some free crypto, you can check out my previous blog Getting Some Free Starter Crypto. https://ninjawingnut.xyz/2021/05/19/free-starter-crypto/ For the usual disclosure, I am not a financial advisor, I don’t even work…
Price Candles: An Introduction to Technical Analysis In this post, we are back to discussing the crypto markets. This time, we are going to start the journey into technical analysis, with the very basics, the price candles. These seem like something that is easy at the surface, but once you actually start digging a little deeper, these red and green blocks can tell you a lot of detail at a glance. For the usual disclosure, I am not a financial advisor, I don’t even work in…
Exchanges: Centralized vs Decentralized In this post we are going to explore the two main types of exchanges: Centralized Exchange (CEX) and Decentralized Exchange (DEX). At the surface, they provide the same base functionality, the ability to turn one crypto into another. How they pull it off, and all the factors around it, are quite different though. I hope this post helps you better understand what they have to offer, and their drawbacks. For the usual disclosure, I am…
Moving Average: Technical Analysis In this post, I am going to pick up where I left off in Price Candles: An Introduction to Technical Analysis and add some very useful indicators to our chart – moving averages. These are very simple indicators, but they offer us a very easy way to get an idea of how short term price movements look compared with other timeframes. https://ninjawingnut.xyz/2021/05/25/price-candles/ For the usual disclosure, I am not a financial advisor, I…
A Guide To Spot Trading In today’s post we are going to take a look at how to actually accomplish some basic spot trading. Spot trading a little more advanced than just converting between different cryptos and fiat on something like the basic Coinbase interface. We will be using Binance for this guide, but it should work essentially the same on any of the other major trading platforms. https://www.coinbase.com/join/harris_l9sh…
Smart Contracts: Code Is Law In a previous post, Blockchain: What’s A Blockchain?, I mentioned that there was something called smart contracts, that I would revisit in a later post. Well, now is the time to roll up our sleeves and have a closer look at these fancy bits of code that exist on blockchains and provide lots of cool functionality. https://ninjawingnut.xyz/2021/05/24/whats-a-blockchain/ For the usual disclosure, I am not a financial advisor, I don’t even work in…
What Are ERC-20 Tokens In today’s article I am going expand on my previous one, Smart Contracts: Code Is Law, and take a look into the world of ERC-20 tokens. This should be a short and sweet article, as there is not a lot to them, but they are a pretty valuable resources. https://ninjawingnut.xyz/2021/06/01/smart-contracts/ For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications software engineer.…
Basic Attention Token (BAT) In this article I am going to do my first full crypto review, and take a look at an ERC-20 token that actually has a real world use case, the Basic Attention Token (BAT). BAT is trying to revolutionize the way online advertising is handled, and leveraging the Brave Browser that we mentioned in a previous post, they seem to be doing a good job. https://coinmarketcap.com/currencies/basic-attention-token/ https://brave.com/…
Technical Analysis: MACD In today’s post we are going to continue taking a look at some technical analysis, this time in the form of the MACD. The Moving Average Convergence/Divergence indicator is a very useful tool when you are trying to gauge the momentum of the market, and can help signal entry points for trades. https://ninjawingnut.xyz/category/crypto/analysis/ For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as…
Proof of Stake (PoS) In previous articles about blockchain technology, I mentioned there was other methods for maintaining the network besides having miners compete to solve cryptographic equations and win rewards, which is the traditional Proof of Work (PoW) consensus model. Today, we are going to look at one of those alternatives to that method, the Proof of Stake (PoS) method, which is growing in popularity for many reasons.…
Cardano (ADA) In today’s post I am going to take a look at one of my favorite alt-coins, Cardano (ADA). I think this crypto and it’s underlying technology is pretty great, and could help to solve some of the issues other cryptos are running into. It leverages it’s own blockchain, and of course has it’s own native currency ADA. https://coinmarketcap.com/currencies/cardano/ https://ninjawingnut.xyz/category/crypto/blockchain/ For the usual disclosure, I am not a financial…
Stablecoins: What and Why In today’s post, I am going to explore the world of stablecoins. These handy little cryptos are useful as they aim to help curb the volatility in price in the crypto markets and give you a safe haven. They have a number of use cases, and there are a few different types, with benefits and issues associated with each. For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications…
Merged Mining Today’s topic is relatively straight forward, but it is a very interesting blockchain technology. Merged mining allows a smaller crypto to leverage the mining power of a larger, more established one. There are of course benefits and drawbacks to using this kind of approach, but there are some cryptos out there using it, so it’s a good thing to be at least a little knowledgeable about. https://ninjawingnut.xyz/category/crypto/blockchain/ For the usual…
Earning Crypto In a previous post, I talked about how to get some free starter crypto. Today, I’m going to take a look at ways to actually earn it. These take a fair bit more work than and some are a long more long term plays, but in the end, I think these could end up being a good way to make a little side money that is already in crypto form. https://ninjawingnut.xyz/2021/05/19/free-starter-crypto/ These are things outside of just straight up buying crypto to hold, or…
Decentralized Applications For today’s topic, I am going to expand upon what I covered in my previous article about smart contracts, and talk about an evolution in software applications. Decentralized Applications (DApps) are an exciting way to leverage a blockchain as the backend of a web application, as opposed to a more traditional setup using a centralized server/cloud hosting provider to handle that portion of it. https://ninjawingnut.xyz/2021/06/01/smart-contracts/…
Decentralized Autonomous Organizations In today’s post, I’m going to expand upon what I’ve already covered when we discussed smart contracts and decentralized applications and look at decentralized autonomous organizations (DAOs). These take what would traditionally be an organizational structure, and turn it into code that runs without a central authority dictating how the organization operates. https://ninjawingnut.xyz/2021/06/01/smart-contracts/…
My Bitcoin Predictions Today’s post will be a little different, as I won’t be exploring blockchain technology, technical analysis, or any of the usual topics I’ve been looking at. Today I’m going to look at the current price action and trends with the price of Bitcoin (BTC), and hopefully this analysis and prediction may prove useful. https://ninjawingnut.xyz/category/crypto/blockchain/ https://ninjawingnut.xyz/category/crypto/analysis/…
Bitcoin Dominance For today’s post I am going to look at the metric that shows how the price Bitcoin (BTC) is doing compared to the rest of the crypto market in general. This can be a useful indicator to give you an idea of how the money is flowing between Bitcoin (BTC) and other alt-coins, and what this can tell you about the general market conditions. https://coinmarketcap.com/currencies/bitcoin/ For the usual disclosure, I am not a financial advisor, I don’t even work in…
Non Fungible Tokens (NFTs) In today’s post, I am going to explore another piece of blockchain technology, the Non Fungible Token (NFT). These are an interesting usage of a blockchain, that changes the way ownership over digital assets can be handled. At the core, a Non Fungible Token (NFT) is pretty basic, providing you have at least a passing knowledge of blockchain technology, so if you haven’t been following my articles, you may want to brush up on some of them from that…
Decentralized Finance (DeFi) In this post, I am going to take a look at the basics of Decentralized Finance (DeFi). This is an implementation of decentralized applications, which aims to change the way financial systems are implemented. This will not be an exhaustive guide, as many parts of this topic warrant their own articles entirely, and those will be coming in the future, but will be a good starting point in understanding this blockchain technology.…
Weekly Bitcoin Analysis I’ve decided that Wednesdays are going to be dedicated to taking a look at the price action of Bitcoin (BTC) and make some predictions. I figured it’s a good day to do it, see everything from a mid-week perspective, and letting the video I do on Saturdays over on my YouTube channel handle all the end of week analysis. https://coinmarketcap.com/currencies/bitcoin/ https://www.youtube.com/channel/UCbYJmxbtLGqT5al9BlwAEvg For the usual disclosure, I am…
Average True Range (ATR) In today’s post we are going to take a look at another technical analysis indicator, the Average True Range (ATR). The Average True Range is another good indicator for seeing the momentum of price action, but it can also be very useful for determining where to set a stop loss on a position. https://ninjawingnut.xyz/category/crypto/analysis/ For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a…
Impermanent Loss Today’s topic is very important if you are getting into the Decentralized Finance (DeFi) space, especially if you are looking to join and liquidity pools, or yield farming. Impermanent Loss is something that if you don’t factor in, can wipe out the crypto you have provided up to a pool/farm leaving you down even just on the amount of crypto you can pull out. https://ninjawingnut.xyz/2021/06/22/defi/ For the usual disclosure, I am not a financial advisor, I…
Liquidity Pools In today’s post I am going to take a look at another part of Decentralized Finance (DeFi), liquidity pools, and their price setting algorithm, the automated market maker. These are the underlying foundation for how an asset is managed and priced on a Decentralized Exchange (DEX) such as Pancakeswap or Uniswap, https://ninjawingnut.xyz/2021/06/22/defi/ https://ninjawingnut.xyz/2021/05/26/cex-vs-dex/ https://pancakeswap.finance/ https://uniswap.org/ For the…
Bollinger Bands For today’s article, we are going to take a look at a useful technical indicator, the Bollinger bands. These are a useful indicator that can give you a good visual reference to how volatile the price action of an asset it. https://ninjawingnut.xyz/category/crypto/analysis/ For the usual disclosure, I am not a financial advisor, I don’t even work in finance at all. My day job is as a telecommunications software engineer. Treat everything you read here as some…
Weekly Bitcoin Analysis It’s time for my weekly look at the Bitcoin (BTC) price action for the week and try to make some sense of it all, and maybe make a prediction or two. It’s been an interesting week so far, so we’ll see how accurate I can be. I also do a weekly video on Saturday’s over on my YouTube channel, where you can get my end of week overview of a few of the larger cryptos. https://coinmarketcap.com/currencies/bitcoin/…
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