What are the Common Crypto Scams? Crypto’s rise in popularity has also created a rise in financial scams. In fact, according to one fraud report by the U.S. Federal Trade Commission, over 46,000 people have reported losses due to crypto scams since the start of 2021, with over $1 billion lost. The top cryptocurrencies used...
10 Largest Cryptocurrencies by Market Capitalization 1. Bitcoin (BTC) Market Cap: $458 billion Bitcoin is the largest and most popular cryptocurrency by market cap and was created by Satoshi Nakamoto in 2009. It is a decentralized digital currency that has transferrable ownership. This cryptocurrency is mineable and has a maximum supply of ₿21,000,000. 2. Ethereum...
What is the Best Time to Buy Cryptocurrency? There are many methods that equity investors use to decide when to execute a trade in the stock markets, but the same rules and trading patterns don’t always apply to cryptocurrency. It’s true that cryptocurrency buyers can make purchases within certain windows to get the best possible...
What is Cryptocurrency Portfolio Allocation? Modern portfolio theory teaches not to put all your investment eggs in one basket in order to diversify returns and weather the ups and downs in markets. While allocating a crypto portfolio shares similar principles to allocating a portfolio of more traditional assets like bonds, stocks, and real estate, there are...
What are the Main Types of Cryptocurrencies? Presently, there are thousands of cryptocurrencies out there, with many more being started daily. While they all rely on the same premise of a consensus-based, decentralized, and immutable ledger in order to transfer value digitally between trustless parties, there are subtle and not-so-subtle differences between them. This article...
Is Cryptocurrency a Good Investment? With trillions of dollars invested and all the hype in cryptocurrencies and new crypto projects being rolled out daily, the question that many investors are asking themselves is whether cryptocurrencies are a good investment. Despite investors losing most, if not all, of their investment in scams like the Squid Game...
What is the Future of Cryptocurrency? Cryptocurrency and its future are a heavily debated and controversial topic. As a relatively nascent concept, it has been quite polarizing, even among the most influential and respected voices. The future is obviously uncertain, but this article looks to discuss the viewpoints of both camps. Cryptocurrency maximalists argue that...
What is Crypto Staking? Crypto staking is locking up cryptocurrency that you already own in order to earn rewards in a blockchain that uses a Proof-of-Stake (POS) consensus protocol. The protocol then randomly assigns the right to validate the next block and earn the block rewards associated with adding that block to the blockchain to...
How to Invest in Cryptocurrency Cryptocurrency investing can be an incredibly lucrative venture but can also be quite risky, intimidating, and confusing. Firstly, we should make the distinction between investing and trading – the biggest difference being the time horizon. With investing in any asset, it is a disciplined plan to meet specific financial goals...
What is Liquidity in Cryptocurrency? For any investment, one of the most important considerations is the ability to efficiently buy or sell that asset if and when the investor pleases. After all, what is the point of profit if the seller is not able to realize their gains? The liquidity of the asset will largely...