Bitcoin and Ethereum will never replace the current payment system "Fiat" Fiat currency has been the mode of payment for decades, but currently crypto currency is finding its way in the business sector and used as a legal tender by some businesses. We all love crypto currency, bitcoin and ethereum to be specific because they are always rising and people have become rich from those cryptos. What we should know is being a good investment doesn't mean its a preferred mode of…
@drmudpro in October 2021
How the pump and dump works in the crypto markets Most crypto traders and investors are either involved in pumping and dumping or they are into HODLing. For newbies they might not be able to tell the difference so i am going to do a short analysis and by the end of this article you will be able to differentiate the 2 and know how each of them operate. **What is Pumping & Dumping** Pumping and Dumping is mostly done by Crypto currency trader and this is when traders will be…
The Future Giants: Bitcoin, Ethereum & BNB Bitcoin, Ethereum and Binance are now the top 3 crypto currencies and they have been making headlines for the past weeks breaking levels and setting new all time highs. Now every investor want to be involved into these 3 looking forward to make some bucks if the price keeps on surging. These 3 we can say they have different characters with different characteristics, they are unique from others in their own way. I am going to do a…
Cryptocurrencies worthy looking into When it comes to investing it is not all about just jumping into a moving train without knowing its destination. Fear Of Missing Out (FOMO) is the greatest weakness of the majority of traders, when they see an altcoin sky rocketing, the first thing that comes into their mind it buying that asset. That is the greatest mistake, instead you have to research on the altcoin you are looking forward to invest in and check the following: Coin…
The Network Fees for Swapping Tokens will leave you Penniless and Poor A lot of people are resistance to change, when there is new things on the block they would not even try to take a glimpse and see if it is worth it. Thank God i am not part of that bandwagon. I always enjoy taking new challenges and adventuring, but there are times when you will realize that some things are not just for you or maybe it can be bad timing but as we all know, "first impression lasts longer".…
Which one is the Best Investment, Binance or Ethereum Spotting a good and lucrative investment which can reward you big in the long is not that simple. It takes a lot of determination researching and comparing crypto assets side by side trying to figure out which one is the best and all the factors which makes it outstanding as compared to the rest. A lot of people makes wrong and costly decisions and they lose their hard earned money because they just invest without an know…
Can we say Bitcoin is a Lucrative Investment as compared to other Crypto assets? Its not a lie that whenever you invest you expect lucrative yields from your investment. A good investment does not just come on a silver plate and for that you will have to do a proper research relating to assets you are looking to invest in. Back in the day people invested with bank being given small percentage interest per annum e.g 7%, by that time it seemed as if it was a good investment…
What could lead to Less Adoption of Bitcoin and Ethereum? If you are a consumer at times you would realize that not everything that is on the paper is correct as compared to what is on the ground. Heaven on earth is always promised in order to draw the attention of consumers otherwise if you do not do so then you will likely lose potential clients. **Freedom** Bitcoin was said and is meant to replace the current payment system, fiat money and the banks. Imagine you deposit…
Risks Associated with storing your Altcoins on exchange wallets Crypto currency purchases and investments does not just end there on the exchange platform. You have to make sure that your catch is safe so that you will not regret later on when you lose your altcoins. There are possible risks concerning safekeeping of crypto assets acquired. In this article i am going to look at some of the possible risks in storing cryptos on exchange platform. Hacking of exchange platforms…
Portfolio Diversification When Investing in Crypto A wise-man wont put all of his eggs in one basket, so as the wise crypto trader. Imagine buying 10 altcoins of your choice e.g ***Bitcoin. Bitcoin Cash, Bitcoin Gold*** **(1st Scenario)** e.t.c then hold them and then all of sudden they just start falling and your you whole portfolio turns red and maybe as a result you panic and sell them. Maybe lets say you buy your T***ether, DAI, USDC*** *****(2nd Scenario)***** and the…
How to make money in volatile crypto markets and also take advantage of promising projects In crypto trading timing is the best thing you should know, you have to be patient enough to wait for the right moment to buy your coins and being patient enough to hold them while the price is being pumped up. The rule of gamblers applies here as-well "know what to keep and when to run away", and this also applies in crypto trading. A lot of people doesn't really know why they are…
How to trade Crypto Currencies the same way Market Makers There is a saying which says that if you cant beat them, then you should join them. There are certain wars that we can not win ourselves to the extent that we just have to join the other side. This also applies on the Crypto Markets, there are Market Markers in the market who are trading aswel but they are different and the way they also trade its different to ours to the extent that we have to copy what they do for…
Which one is More Profitable, Crypto Assets or Stock and Forex Pairs People have been making a fortune in the Forex and the Stock market since 1530s. Back in the days, the stock market was still being operated in such a way that the stock prices were written on a board and people would trade they are in an auction. Nowadays thing have changed completely ,now there is internet and people can now trade in the comfort of their home with just a click of a button. They can now…
Main Difference Between Token Farming & Token Staking Farming and Staking are 2 different things and they both have different characteristics which distinguish them from each other. Lets do a breakdown analysis and see how they differ. **They differ in what ways exactly?** **Farming** or Token Yield Farming is when an investor deposit his/her funds in the liquidity pool with the intention of earning returns which are calculated as APYs. Lets say you deposit your DAI in…
The Fate of Private Crypto Currencies As the Government authorities are fighting crypto currencies day and night because they do not have full control of the operation. The only thing they can do is harm than good, which means crypto currencies have to be regulated so that they can be sparred by the wrath of the Government but that wont be possible unless they create their own regulated crypto assets. This article is focusing more on the future of private crypto currencies…