Cryptocurrency Blog

  How To Invest in Crypto as A Complete BEGINNER (2025 GUIDE) The video might be a little bit confusing for complete beginners, but it does cover lots of detail and I think it's worth watching from beginning to the end to help you get a good general overview of crypto investing.

Sure, Bitcoin is a cryptocurrency. The blockchain was invented for Bitcoin, But bitcoin ISN’T the only cryptocurrency out there. As I write, there are over 8,000 different types of cryptocurrency in existence – some are variants of Bitcoin, while others are completely new, stand-alone cryptocurrencies. Bitcoin is, of course, the granddaddy of them all, and it's fair to say that there wouldn't be any cryptocurrencies at all without Bitcoin. However, because Bitcoin is open source, ANYBODY (even YOU) can take the technology and start their own cryptocurrency. At this point I need to make clear that there are two different types of cryptocurrency you can create. One is a coin, the other is a token. There are some pretty big differences between them, so listen up. A coin (like Bitcoin, Litecoin, Dogecoin etc.) operates on its own blockchain. These cryptocurrencies have been started from scratch and are completely independent of each other. They act as money, and you can buy stuff w...

Bitcoin is fast becoming integrated into the everyday lives of people living in developing countries. With unstable and hyper-inflated national currencies, bitcoins are proving to be a much more viable solution to solving the financial woes of their citizens. Here are four reasons why Bitcoin has a massive appeal for the masses in developing countries: 1 – You Don’t Need Banks In developed countries, it’s relatively easy to sign up for bank accounts and credit cards. But in the developing world, it’s a vastly different story. It’s much harder to get credit and setting up a bank account is no walk in the park. But Bitcoin changes all that. With Bitcoin, you can save your own bitcoins yourself – all you need is a secure wallet to keep your digital money safe. 2 – Fast, Cheap and Borderless Payments With Bitcoin, you can send any amount of bitcoin to anyone in the world in a matter of minutes. When you send money through banks you not only pay those costly bank fees, you also need to wait...

Trading and investing may sound the same, but in reality, they are as different as day and night. Trading refers to a short-term method of trying to profit from buying and selling of bitcoins while investing refers to a long-term strategy where a buyer will hold on to their bitcoins for a long time and ride out any dips in the market price. The Bitcoin Trader The Bitcoin trader thrives on the exciting volatility of bitcoins. They’ll try to time the market and buy bitcoins when the price dips and then they’ll wait for the price to go up before they sell their bitcoins. Trading is a high-risk game because you’re betting for the price to go up or down. Not everyone can trade, however. The most successful traders are those who have nerves of steel and can detach their emotions from their trades. Traders don’t get scared of dips in the price because they are optimistic it’s going to go up again, sooner or later. They are looking to maximize their profits, too, so they’ll mostly invest a lum...

There are basically two general types of wallets to keep your bitcoins, and other cryptocurrencies, safe. There are cold wallets and hot wallets. In this article, you’ll find out the pros and cons of each type of wallet so you can make an informed decision when choosing which wallet to go for. Hot Wallets Hot wallets are called hot because they are connected to the Internet which generally means it’s easier for hackers to hack into and steal your valuable coins from you. Examples of hot wallets include those free wallets at your favorite bitcoin exchange website like Coinbase or Kraken, and mobile app wallets. Desktop wallets are another form of hot wallet, especially if you install it on a system that’s connected to the Internet. However, you do have control over your private keys, and you can encrypt your wallet to prevent hacking attempts. The only downside to desktop wallets is if your computer gets destroyed or stolen, then you can pretty much say goodbye to your bitcoins. There h...

Investing in highly volatile bitcoins and other cryptocurrencies is risky business. These currencies are all electronic or virtual in nature, and thus have no physical presence. They don’t even have intrinsic value. However, no one can deny that right now these cryptocurrencies are extremely valuable and those who invested in the early days, and held on to their investments, are living the high life now as multi-millionaires, and even billionaires! If you want to be like these wise investors sometime in the future, then follow these four investing strategies to increase your chances for success. 1 – Prepare For Volatility It’s basically a given for cryptocurrencies that they are going to be extremely volatile. One minute the price is sitting at five digits, and the next it’s at four or even three digits! It’s absolutely unpredictable, and if you don’t take its volatility seriously, you could get in a lot of trouble. You could panic and sell off your crypto so you can minimize your loss...