Bitcoin is known as ‘Digital Gold’ due to its scarcity and high value. It’s the safe haven and reserve currency of the crypto world. What about other cryptos, though…? Bitcoin: Digital Gold. It’s the original form of digital wealth. A store of value that crypto traders seek in times of uncertainty. The ultimate scarce […]
It powers bitcoin and all crypto. Everyone talks about it but no one really knows what it is. What’s a blockchain? A blockchain is a database. Basically, it’s not so very different from a filing cabinet or a filofax, except that it’s very popular and filofaxes went out of fashion after the 1980s, like […]
Cryptocurrency is a bewildering sector. If you’re just getting started, it can be overwhelming. Here are a few tips from people who have been here a while and bear the scars. Don’t keep funds on exchanges. Seriously. Just don’t. Don’t keep funds on exchanges (just in case you missed it the first time). It’s […]
Hashrate just hit an all-time high. So did Difficulty. But what even are those, anyway? You might have heard of Bitcoin’s hashrate or Difficulty mentioned as a metric of the health of the network, and not had a clue what it means. The crypto press tends to celebrate these two numbers rising, and wring […]
No, they’re nothing to do with martial arts, but these candlestick formations can give your charting a kick-ass edge. Chart candles come in all shapes and sizes, but there’s a certain kind that it always pays to know more about. Doji candles are a kind of candle with almost no body – that is, […]
They’re one of the most commonly used trading indicators. But how can you use them to get ahead? Bitcoin’s price moves up and down, often fluctuating wildly in any given trading period. Moving averages smooth out those ups-and-downs, giving traders a broader picture of what the market is doing. For example, You might […]
LTC is silver to bitcoin’s gold. In other words, if you think BTC is volatile… Litecoin was created in 2011 as ‘digital silver to bitcoin’s gold’. It’s faster than bitcoin, with 2.5 minute blocks, and it’s easier to mine. In the early days, that made a bigger difference, though now you’ll still need Scrypt […]
Buy low, sell high. Easy, right? Trading isn’t as simple as it seems, otherwise everyone would be doing it and winning all the time. Which is impossible, of course, because for every buyer there’s a seller and for every winner there’s a loser. So, if you’re starting out in this space: be warned. It’s […]
This is a great indicator for short term sentiment in the bitcoin market. Warren Buffett famously said you should be ‘Fearful when others are greedy and greedy when others are fearful’. (He also said that Bitcoin is ‘rat poison squared’, but we don’t have to listen to everything he says.) Anyway, he has […]
New to crypto, or still learning the ropes? Here are some of our top tips to keep you safe and successful. Don’t keep funds on exchanges. You might not be able to avoid using exchanges for buying and trading, but don’t keep funds there for any longer than you have to. Crypto history is […]
No Comments