Posts

Top 5 Cryptocurrencies

Image
   Top 5 Cryptocurrencies 1.Bitcoin (BTC) Created in 2009 by someone under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transaction distributed across a network of thousands of computers. Because additions to the distributed ledgers must be verified by solving a cryptographic puzzle, a process called proof of work, Bitcoin is kept secure and safe from fraudsters. Bitcoin’s price has skyrocketed as it’s become a household name. Five years ago, you could buy a Bitcoin for about $500. As of Oct. 29, 2021, a single Bitcoin’s price was over $62,000. That’s growth of about 12,300%.   2. Ethereum (ETH) Ethereum, is a decentralized software platform that enables smart contracts and decentralized applications (dapps) to be built and run without any downtime, fraud, control, or interference from a third party. The goal behind Ethereum is to create a decentralized suite of financial produ
Post a Comment
Read more

Top 3 Famous Meme Coins

Image
   What Are Meme Coins? Meme coins are those cryptocurrencies that are inspired by popular social media jokes, sarcasm, or puns. According to Coinmarketcap, at present, there are about 124 meme coins. Tokens such as Dogecoin, Shiba Inu and SafeMoon are some of the most popular meme coins in the market.   1.Doge Coin Dogecoin (DOGE) is the famous Doge internet meme turned into a full-fledged cryptocurrency. It is created to be a joke currency, but it grew into something bigger and more serious than intended. Dogecoin is now described as a decentralized, peer-to-peer digital currency that aims to enable users to easily send money online. The dog is their mascot and was popularized as an online meme and represents the coin. The main reason behind DogeCoin being famous is Elon Musk. In 2013, Dogecoin was launched by Billy Markus, Jackson Palmer, and “Shibetoshi Nakamoto”; this is not a real person but refers to Bitcoin’s creator Satoshi Nakamoto and the Shiba Inu breed of dogs, the logo of
Post a Comment
Read more

Top 5 Cryptocurrency Exchanges In The World

Image
        Top 5 Cryptocurrency Exchanges In The World 1.Binance Binance Exchange has maintained its position as one of the world’s leading crypto exchanges by providing users with the most cryptocurrency trading pairs of any reputable exchange, resulting in the largest trading volume of any crypto exchange. The exchange was founded in 2017 and was based in China at the time. However, due to China’s harsh cryptocurrency restrictions, the exchange has subsequently relocated to Japan, a country that embraces digital currencies. Since its inception in 2017, Binance has experienced a tremendous amount of success. They are now the largest exchange for alt-coin trading, with daily trades averaging more than $1 billion. Personal View: - As being the top exchange of the world it provides a lot of facilities. User interface is very simple and it’s easy to use. Spot trading is best but not future trading is not very effective. Adding Money and Withdrawing services   2.CoinBase Coinbase is the best
Post a Comment
Read more

How To Invest In Crypto Currency?

Image
   How To Invest In Crypto Currency? If you want to go in the field of cryptocurrency first you need to understand what cryptocurrencies are, how they are made and how they work. There are generally two ways to invest cryptocurrencies: - 1.        You act as investor: - If you just want to buy the cryptocurrencies and wait for the profits then you should buy cryptocurrencies at the right time with proper research and analysis. If you are investor then you should only invest in strong fundamental coins like BTC, ETH, LINK, DOT, UNI etc. 2.        You act as trader: - If you want to buy the cryptocurrencies and make daily profit from them you can be a trader, buy cryptocurrencies and sell them when you get profit, then again you can buy at your targeted price and sell them accordingly.   Now the most important thing to learn for gaining immense profits in cryptocurrencies or any other trading like stock market, forex market is gaining technical knowledge and fundamental knowledge. In gen
Post a Comment
Location: Srinagar
Read more

A Guide To Technical Analysis

Image
   A Guide To Technical Analysis To be the master in trading you must have the knowledge of technical analysis. What is Technical Analysis? Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. Technical analysis is often used to generate short-term trading signals from various charting tools but can also help improve the evaluation of a security's strength or weakness relative to the broader market or one of its sectors. This information helps analysts improve their overall valuation estimate. Technical analysis can be used
Post a Comment
Read more

My Personal Favorite Crypto Currencies

Image
  My Personal Favorite Crypto Currencies 1.       Bitcoin 2.       Ether 3.       Chain Link 4.       Polkadot 5.       Uniswap 6.       Theta 7.       BNB 8.       Tfuel 9.       BIT 10    FTT 11    Sushi 12      SOL How I choose my Coins? First, we must look at the basics of the project like who made it, what are goals of the project, we must study about the company. We need to do some research about the cryptocurrency like read their whitepaper (A document released by a crypto project that gives investors technical information about its concept, and a roadmap for how it plans to grow and succeed), know about the investors of the project , their team members etc. After doing all the fundamental analysis we have to now focus on Technical Analysis. I have given some links to learn technical analysis for free in my previous blog, you can checkout that.    
2 comments
Read more

What Is Ethereum?

Image
                                         What Is Ethereum? Ethereum is one kind of digital currency or cryptocurrency, a medium of exchange that exists exclusively online. Ethereum is among the most popular cryptocurrencies and ranks second in total size (as of November 2021), behind Bitcoin, a coin that’s become synonymous with crypto. Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts. Smart contracts allow participants to transact with each other without a trusted central authority. Transaction records are immutable, verifiable, and securely distributed across the network, giving participants full ownership and visibility into transaction data. Transactions are sent from and received by user created Ethereum accounts. A sender must sign transactions and spend Ether, Ethereum's native cryptocurrency, as a cost of processing transactions on the network. Ethereum op
1 comment
Read more