Crypto trading has been possible since 2009 - so to speak, with the creation of the Bitcoin emerged, the first cryptocurrency on the market, which is also often referred to as the mother of all cryptocurrencies.
Category: Cryptocurrencies
Hodl, Fomo, and Fud: What sounds like a fantasy language from another planet is part of everyday language use in the crypto universe.
You are an investor who probably already knows all about it. Still, in case you don’t know exactly what cryptocurrencies are, they are digital or virtual currencies secured by strong cryptography protocol and used to buy goods or services.
Cryptocurrencies are one of the most volatile assets today. So, if your timing is good, trading cryptos can bring you some of the highest returns in the market!
Bitcoin halving is the main algorithm of emission control for Bitcoin, and it is what allows Bitcoin to be maintained without any authority. There is a cap on the total supply of Bitcoin, which has been mined since 2009. New Bitcoins are created through mining new blocks, which are created every 10 minutes. Bitcoin miners who discover blocks are paid for transactions that occur in that block. The amount was originally 50 Bitcoins, but it is halved every 210,000 blocks. This takes about four years.
Cryptocurrency is all over the Internet, and it is easy for just about anyone with an Internet connection and a little bit of money to start trading. Sometimes people jump in and stick with a rising star because they think it is going to make them a millionaire. Unfortunately, that is rarely the way it works out. Take a look at the top 10 things to avoid while trading cryptocurrencies.