crypto market

Difference between Cryptocurrency and Forex Trading

Cryptocurrency trading is most often compared to Forex, or foreign exchange trading. Forex, like cryptocurrency, is a type of trading currencies. Chance, on the other hand, knows no borders. Because of its current success, many market participants have switched to the crypto market. After the day, whether you trade Forex or cryptocurrency is a conscious choice based on your objectives, finances, and asset allocation. Both industries have their own scope and value. There are many things that are similar in both while some are different. There are, nevertheless, a few main distinctions between both the groups.

Scope of both industries:

Source:forbesbg.com

Forex trading is a massive and very good industry, while cryptocurrency trading is a relative novice. Forex trading often includes intermediaries, dealers, and other organizations who take commissions at any transaction stage. While for the crypto trading market you do not need any third party like a bank dealer, organization or bank to make trades. Another main difference between the two is the availability of Forex’s volatility against the no volatility in crypto – particularly once you get away from one of the most famous currencies. There’s also the issue of safety.

Fluctuation and Consistency

Forex also loses the same volatility as cryptocurrency, making it difficult to profit from minor variations in currency fluctuations. However, this has the advantage of having widely accessible flexibility. In other terms, it’s relatively simple to exchange one currency for the other.  Orders like this are usually filled almost immediately. Because of Forex’s large regular volatility, many pairs exist, even though they are minor currencies. The forex market’s liquidity also guarantees that big transactions do not significantly alter a single process’s market value.That makes it not only reliable but a constantly profit giving market.  Big transactions in bitcoin have a significant effect on the price.

Although crypto’s value can fluctuate for bulk transactions, deal with bitcoin, and lower coins, it has virtually no entry barriers. It’s extremely simple to get started trading cryptocurrency, and several social media platforms enable users to hop right in and keep negotiating almost immediately. if an investor with high value of shares in the market takes his investment out like it did some days before when elon musk has taken out his money out of the market. the price of bitcoin went down from sixty thousand dollars to thirty thousand dollars which has affected the whole market and small investors has white washed from the market because they did not survived by the high fall of value.The payments are normally much lower than Foreign exchange payments, and there are no costs involved since there is no intermediary. Big regular swings in crypto fluctuations are also probable and popular, making it much easier to sell low in the afternoon and trade up in the afternoon. Learn more  on https://learn2.trade/managed-forex-accounts

Enforcement and protection

Source:europeanbusinessreview.com

There is yet another significant difference in meaning. The distinction is one of defense. Cryptocurrencies are a fairly new concept, with all of the dangers that come with new emerging technologies. There are several news reports about cryptocurrency becoming compromised, robbed, or lost due to technical difficulties. Because of the blockchain technology immutability, such acts are exceptionally hard, if not unlikely, to undo. In the same way that forex trading involves swapping one asset with another, cryptocurrency trading does. The cryptocurrency and managed forex accounts comparison markets, on the other hand, are affected by different factors.

Also, there are few, if any, rules governing cryptocurrency trading. As a result, traders can be vulnerable to fraud and dishonest conduct without any redress. Having your finances compromised and robbed is a terrible feeling, and it’s even worse because there is no chance to have your cashback. In fraudulent transactions, most forex trades come with insurance, and the law normally regulates broker funds. Cryptocurrencies, unlike currencies in the Forex sector, are not protected by a central authority. If anyone hacked your wallet or account you can never claim your money or get it back because it is not controlled by any authority or organization which makes it not secure for individuals and small investors. They’re hosted on the internet and are protected. Also, the network creates cryptocurrencies in return for people who work to protect the network and verify entries in return for virtual money. Crypto miners is the term used for such individuals who invest in bitcoin.

Which Is The Wiser Choice?

Source:roinvesting.com

All Forex and crypto trading have their very own set of advantages and disadvantages, as well as costs and benefits. In particular, Forex trading is far more efficient, safe, and controlled than other types of trading. Crypto trading promises much greater yields than Forex, albeit at the expense of Forex’s sustainability. This ensures that experienced traders with a high investor sentiment will make far more money in crypto than they do in Forex without contending about the same level of informed participation. In particular, forex trading is much more safe, controlled, and stable; nevertheless, crypto trading can provide you with greater yields. Both are really risky trading and require a sound knowledge prior to investing.

Conclusion:

The two economies are close only in that they’re electronic money trading platforms. Because of Forex’s volatility versus crypto volatility, investors would need different investment strategies for each. In the context that they are electronic commerce methods of money, the financial systems are very close. To begin dealing, everything you need is complete information about this market, as stated earlier, because this field can be risky and beneficial at the same time.if you want to earn more with investing less in the market then the forex is the best platform for you. but before getting into any market do a deep analysis and the best way is to learn about the forex market and how it works is to start with the demo account. If you feel that you are good with a demo account then you can open a live account with any trusted exchange for live trading.

Signs of Bitcoin’s Global Adoption

Bitcoin is definitely one of the disruptive innovations that have made massive changes to the global financial markets. Even though it started off as an obscure virtual currency and a lot of investors felt it was a scam. But, needless to say, it proved not only that it is a viable option for making payments online, but it is equally a valuable hedge against inflation.

Today, Bitcoin is considered one of the most widely adopted cryptocurrencies that have also created space for other altcoins to exist. It is definitely the reason we have a crypto market. However, after a decade since Bitcoin was initially launched, can we expect Bitcoin to enter the mainstream market? And, what are the signs of the global adoption of Bitcoin? We answer these questions and more below.

The Safe-Haven Asset

Source:tigerfeathers.substack.com

It’s safe to say that a Bitcoin unique innovation, and no one could have predicted its trajectory. One of the signs that it has reached mainstream adoption is that it is considered a safe-haven asset in a highly restricted sense because its total number of BTC is limited to 21 million. This is one of the reasons why Bitcoin has become an asset class that is even compared to gold.

Another reason why Bitcoin reached a status of a safe-haven asset, and that’s attracted a lot of investors, is Bitcoin protocols that make this cryptocurrency unique to their crypto market. They are Bitcoin halving and another protocol that calculates the total computing power on the network, and afterwards, it adjusts the difficulty of BTC mining.

In other words, not only with BTC is has a restricted pool of tokens, but also the supply and flow of new BTC to the crypto market is regulated, and it is slowing down as the blockchain network becomes more saturated.

Another reason why Bitcoin has a supply that is increasing is Bitcoin halving which halves the number of new BTC by cutting in half the block reward of the miners, and also it simultaneously cuts in half the number of new Bitcoin tokens in the crypto market.

The Surge in Online Trading

Source:adamfayed.com

All of this has stimulated the growth of online trading sites, so you can choose from loads of reputable exchanges. One example is BitcoinLifestyle which is an automated trading site that specializes in auto trading for users that are inexperienced in Bitcoin trading, but it is an equally great solution for experienced investors that have less time to spare on crypto trading. Thanks to the high-end technology on the platform, you can earn up to $800 on a daily basis.

Institutional Investors

Source:dailysabah.com

As its supply is limited, and we have already mined about 80% of the total number of Bitcoin tokens, investors were paying more attention to the cryptocurrency, especially since it entered a bull market phase in 2020.

So, as Bitcoin reached a status of a safe-haven asset with the continuous growth of its price during 2020 in 2021, institutional investors started to add Bitcoin as part of their financial portfolios.

This was a great sign that Bitcoin was getting adopted by a reliable organization in the financial markets such as the Grayscale Bitcoin Trust fund or Osprey Funds and many other trust funds that were designed to make trading easier for accredited institutional investors. Also, because they are able to accumulate BTC on a larger scale, this was another factor that prompted the price growth.

Involvement of MNC’s

Adoption of a new currency in itself can be difficult. It is hard to manage and organize a change and new adoption pattern within an entire country but leading companies all around the world in technological hotspots are adopting and accepting bitcoin. This is mainly due to its recognition as being such a versatile currency that has been growing at a steady rate.

The best-known company to accept and adopt bitcoin payments is Tesla, the electric car manufacturing company founded by Elon Musk. Although he has voiced his opinion on his withdrawal of not accepting bitcoin due to its repercussions of use on nature, Tesla has been accepting bitcoin payments in the recent past, increasing the scope of this cryptocurrency.

Other tech giants that are known to have adopted bitcoin and accept payments as well are Microsoft and fast-food chain, Burger King. Although continuous adoption is a more viable sign of bitcoin being recognized, partial adoption and payment acceptance also is a sign that bitcoin’s scope of adoption is increasing all around the world.

Internet star and Youtube sensation KSI recently made news for buying a Tesla with bitcoin. This not only helps for better publicity of bitcoin, but it has the scope for other companies to start adopting it as well.

Exponential growth

Bitcoin has been growing exponentially for more than a decade and will continue to do so. One of the other signs that hint that bitcoin can become a global currency is the incompetence of current national currencies. Price manipulation and counterfeiting cause losses of millions of dollars all around the world. The physical currency can only achieve so much given its natural impediments.

The steps taken to ensure that counterfeiting and fraud are not caused are a lot higher than availing cryptocurrencies. Although this particular crypto seems to have heavy competition from up-and-coming cryptos like Ethereum, bitcoin is still going strong and will continue to do so. It is most likely that bitcoin will become a global currency very soon.

Given the incredible success of bitcoin, banking giants such as JP Morgan and Goldman Sachs are very likely to adopt bitcoin shortly and the wheels are already in place. JPMorgan President in February of 2021, made a public statement of his openness to accept and adopt bitcoin as a currency for their banking services. Although unsure when he said it is most likely to happen soon.

Price Consolidation

Consolidating or lowering an asset’s price based on circumstance is the best time to invest. A common rule that investors follow while investing money into shares, is to begin to buy stocks when it drops. This is because, if the stock from an all-time high comes down, it has to be a small circumstantial dent in its progress which will most likely be corrected.

Bitcoin’s had a slightly rough patch as other competing cryptos are reducing its credibility by a bit but being that said bitcoin is still going strong and will continue to do so. This price consolidation in bitcoin will open up new prospects who will avail and adopt bitcoin all over the world.

Final Thoughts

Source:altcoinbuzz.io

The last sign that Bitcoin experienced a global adoption was the acceptance of BTC payments by a record-high number of organizations. It was officially a payment method not just for popular brands like Tesla, Shopify, PayPal, Home Depot, but for small businesses that operate offline. In conclusion, there is a high probability that it will enter the mainstream market, especially with the support of the business sector and institutional investors.

How much Eco-Friendly is Bitcoin Mining

Are you a BTC fanatic yourself, or do you prefer some other cryptocurrencies? Well, either way it may be you should consider going green! Did you know that there are more than 5,000 different kinds of cryptos estimated to be in circulation? This number comes as a surprise to a lot of people, and you may want to consider another substitute in the system. Keep on reading and find out all there is to know about eco-friendly Bitcoin mining!

What does eco-friendly mean?

If you are someone who doesn’t want to do a lot of harm to the environment, you should consider being eco-friendly at all times. Eco-friendly is something or someone that doesn’t make a lot of impact on the Earth itself + it doesn’t cost a lot nor makes damages in any way.

Nowadays everything can be eco-friendly, such as your recycled paper, rugs, bottles, makeup – so why not cryptocurrencies as well?

Top 6 key facts that you need to know

1. Have you heard of Chia before?

Source:industrywired.com

Put your well-known & used cryptos on one side & on hold for a minute since there is a newer crypto on the market -Chia. And no, it has nothing to do with the chia seeds.

Instead, Chia is new crypto that uses a lot of empty hard discs to house its plots that are later awarded as blocks to its miners. The creator himself Bram Cohen believes in the process and sees it as a brighter future for crypto users.

He once said: ”People from all over the world are trying to rely on more renewable energy, which is why you should start doing the same with your cryptos. With regular power, the concentration of crypto often moves, and miners often move around the world chasing lower energy prices.”

2. The process of clean energy that powers Bitcoin – the thing of the future, or not?

Source:menafn.com

Did you know that super affordable & low-costing energy and electricity are generated through coal-fired power plants? Not everyone will use or give you the option of win turbines for half the price. Here is also another fact that may be concerning for true BTC fanatics: China creates so much carbon emissions each year. In fact, they create as much in just 365 days as Italy plans on doing by 2024. No wonder people are moving their computers & creating separate mining farms worldwide, the process is overwhelming for most. This is why you should stay woke, and consider giving green mining a pass.

3. What are the key factors in going green?

These include renewable energy, proper tools, as well as better, faster & green mining pools that are going to pop out quite soon on the market. However, acting on time and knowing who to trust is essential in today’s market. This is why you should take control of your financial future today and experience immediate success with the right guidelines & help. Simply visit this site and let professionals take care of your most-asked questions. Get the access that you need for your mining and trading experience, and enjoy their top performance, safe & secure network, as well as practical & convenient use – PC, Android, or iPhone, as well as any tablet will work just fine, no matter where you may be in the world!

4. Renewable power mining

Source:interestingengineering.com

So, is it possible for Bitcoin to go green and to fully embrace the renewable power mining process? It seems so thanks to Foundry Digital that made a change 3-4 months ago in the press. They are a Digital Currency Group that has produced a lot of machines for mining ever since the beginning of Bitcoin! They believe that by approaching cryptos through hydro-power, you can have the best of both worlds. By the end of the year, most companies & different cryptos will consider this or similar options. Hydro-power is the best substitute for those who wish to make an impact without changing their concept & the functionality of their crypto, while not moving all the tools from one extreme to the other.

5. Carbon neutral is the way to go

Source:coindiligent.com

BitMex & FTX have gone carbon neutral a couple of months ago! In order to save our earth, you must consider & understand how carbon can make a negative effect in the long-term process. The more miners go carbon-neutral – the better the outcome. By creating & sticking to the carbon offset marketplace you will be making an impact in the ”go green” process, along with other miners. In fact, another major crypto that you have heard of – Ripple, is planning on doing this step and going fully carbon-free in 8-9 years from now, worldwide!

6. What is the best substitute for mining pools?

Source:investopedia.com

Mining pools are a group of miners that use the power from any given source to award you with a block. They may be the trickiest change that you need to resolve. One way for this issue to be fixed & a new solution that you can embrace is using a Terrapool. It is different since it uses hash rate from DMG and Argo that enjoy and give all the power through hydroelectric resources. Terrapools will become popular in the future, and even Bitcoin plans on considering this concept.

Are you ready to start mining?

In the end, are you ready to start mining & you want to earn money? Once you understand that the supply and demand differ from one exchange to the other and that BTC is volatile crypto, you will be a step closer to understanding the business, as well as the process! Nowadays, everyone can become rich from the comfort of their own home. However, you don’t even have to haunt & mine on your own, or even stay on topic by reading forums or listening to podcasts every day just to avoid missing out on something. Instead, let a team of experts take care of you while doing the process the right way: academy.coinlib.io/how-to-make-money-trading-forex-with-no-previous-experience

Exploring the Latest Bitcoin Trading Approaches

The most significant aspect of the overall world of cryptocurrency is explored through the notion of the latest technological developments, since the very market is based on it, just like the crypto coins we all want that much. All of this implements the fact that there has been a huge rise in popularity of the crypto segment within the past several years, meaning that with all of those technological updates, more and more people can explore the impressive world of cryptocurrency – by using the devices they already have in their hands. However, when it comes to dealing with all of the advances that this segment has to offer, you have to make sure that you are properly prepared to explore all of the greatest possibilities that will come your way. In addition to all of this, you will get a chance to establish a rather solid foundation that will help you improve your overall trading experience while allowing you to experience the most profitable crypto trading deals.

With all of this established, you will get to the specific point in your trading journey where you have to determine which digital value is going to the center of your attention. Incorporating this particular segment will allow you to dig a little deeper, thus explore the most innovative trading approaches. Here, if you have been interested in finding out more about the concept of the most prominent digital value, which is Bitcoin, then you have come to the right place. Within the borders of this article, you will get a chance to find the latest Bitcoin trading approaches that will help you achieve all of the things that you have in mind.

Also, don’t forget that in order for every aspect to working nicely, you, as an individual, should be informed on everything, literally. Use the blogs, websites, and educational sources, so you can know what you are doing, and how to do that. The knowledge here is even more important than the strategy and approach you will develop through time, as you gain more experience.

So, without any further ado, let’s get started.

Focus on Your Bitcoin Trading Goals

Source:roinvesting.com

This is a rather important segment that you will have to cover right from the beginning of your trading journey. Understanding the actual significance of the things that you want to achieve, you will get a chance to construct a specific trading approach that will be best suited for you. Here, to achieve all of this, you will have to make sure that you have a rather clear representation of the things that you would like to achieve.

Having this approach established, you will get a chance to find the best applicable trading method that will help you move forward with your trading journey, thus push you to achieve all of the goals that you have in mind.

And once you’ve established the approach, and you are sure what do you want to accomplish, it’s important to work on your strategy, to turn the things by your side. The crypto market is unpredictable, but you can use all the information and tools you have, and be successful in this one. One thing is for sure – it’s an exciting journey, and you will never get bored, especially if this is what you really want.

Explore the World of Online Bitcoin Trading Platforms

Source:europeanbusinessreview.com

After you have completed the above-mentioned segment, you will get a chance to take a look inside the world of the most innovative Bitcoin trading approach, which deals with the concept of exploring Bitcoin trading platforms. Most of them provide an unlimited option to be used on every device you own, and trade even when you are out, but there is a good moment for that.

With the usage of the latest technological advances, you can easily access all of the trading benefits that this platform has to offer. This is the case just because there is a chance to explore the News Spy app that you can access from your smartphone. All of this is created in a way to give you a chance to be up-to-date with the latest changes and developments that are happening in the world of Bitcoin trading, no matter where you are.

Fast transactions as a priority

Source:coinsutra.com

One of the most anticipated features of the crypto market is that the transactions are fast, and you can receive your money immediately. But, as you trade, make sure you give the right information to the other party because crypto transactions can’t be reversed, as the bank ones can. That means you will have to be very careful when trading, but when you are sure everything is fine, the whole process is completed in a few seconds, no matter where you are based in the world.

An option to explore less popular cryptocurrencies

When we talk about this market, the first thing that pops into our head is Bitcoin. And surely, it’s the most popular cryptocurrency right now, but we all can see how the others are getting their chance to light up. BTC maybe goes higher, and people can really make a profit from it, but on the other hand, altcoins are cheaper to invest in right now, and as we see, Ethereum and Dogecoin are increasing their values and rates, ensuring their place in this market.

Going for the most popular one is an obvious choice, but using the advanced tools the trading services provide on our dashboard, can help us decide if we want to trade another cryptocurrency. We are not experts in this, but if we were, we would surely try to give a chance to the other currencies.

How to Access All of This?

Taking into consideration all of the things that we have discussed so far, you might wonder what you can do to access all of the benefits that the usage of this particular trading method has to offer. Well, the process is rather simple. All you need to do here is provide all of the required information that you will find within the registration form of the website we have mentioned, thus create your online trading account and proceed with the notion of earning huge amounts of Bitcoin trading profits.

Source:europeanbusinessreview.com

The bottom line

Cryptocurrencies are a risky, but still a very popular market, and as the things are changing, we are getting more and more interested in them. Being very careful is something you have to do, so you can protect yourself. Getting informed about the changes and aspects is also important, so you can plan your next step. But, with today’s technology improvement, you can be sure that you can have control over your crypto actions, and that you won’t do anything that puts a lot at risk.

Тop 9 Bitcoin Trading Errors made by Beginners – 2021 Guide

The crypto market is different than any other you already know, and it’s run by different rules. So, if you have knowledge in financial management, accounting, banking, software development, and so on – it’s not valuable in the crypto market, and can easily lead you to make some mistakes, that the blockchain will never forgive you. The beginners have more chances to make these mistakes, because they are inexperienced, and they may join unverified trading platforms, that seem like they have the best offers and conditions initially.

Choosing a reliable trader is the first step every beginner should consider immediately. It’s worth checking https://bitqh.app/, to see if it’s allowed in your country, and if it is, then you can proceed to create your account, and start trading. But, you can’t do that today, especially if it’s your first time. Before you take any step, let’s see which are the most common and most dangerous mistakes a beginner trader can make:

1. Not estimating the possible risks

Source:hackernoon.com

You can’t jump into investing real money before you learn how things are done. Crypto trading is very different than the traditional offering and getting what you want. Many beginners consider it as a type of gambling, and that’s completely wrong, and can lead to catastrophe. Experienced traders will recommend paper trading first until you feel completely prepared to become a part of that market. Underestimating the risks is a huge problem, especially when the trader is too confident, and thinks he/she can do anything. But, continuous losing huge amounts of money is a big error, and maybe the top mistake every beginner will make. If you lose some amount of money while trading, you have to take a break and get back when you are ready for that.

2. Not calculating the profit/loss ratio

What’s the purpose of getting $1,000 if you’ve lost $5,000 before? This is a negative profit/loss ratio, and it’s surely not good for your trading career. You should check this ratio regularly, so you can estimate if there is a real gain, or you are just having fun being at zero-value all the time. Don’t miss doing this, even when you gain more experience, and you make real money from your trading activities.

3. Not studying the market on your own

You have to do this. No exceptions. Studying a risky market like this must be your priority, and never skip to read a lot of literature, blogs, forums, and social media posts related to this topic. You can’t get the idea to become a trader today, and go for it tomorrow – it’s impossible, just like you can’t become a doctor or engineer without years of dedicated studying. It’s the same about Bitcoins, and if you don’t manage to learn everything that is important about it, you will lose a lot of money, and you will be unable to manage and handle the whole situation.

Source:admiralmarkets.com

4. Investing more than you can afford

The point isn’t to be poor after a few tries. The art of successful trade performance is to be responsible with your money and spend the amounts you can afford. Don’t take loans and credits, because that loop is endless, and it can lead you to more mistakes.

5. Getting too excited and emotional

If you have success on the first try, it can make you too excited about trading, and sometimes the emotions can be pretty overwhelming for you. In many cases, they won’t let you see the risks behind your activities, and that’s why we recommend staying calm and patient, so you can do the things as they have to be done, without any fatal risks.

6. Not having a trading journal

This is so traditional, and it may seem outdated, but it’s the best way to keep track of what you are doing, and how you behave on the network all this time. Write down every mistake, every risk you detected, and try to see the things that lead to a big loss. Keep a record of everything you are doing, so you can improve your strategy for the next time.

7. You follow trading patterns

There is no pattern that should be blindly followed, and as soon as you realize that, you will be able to boost the strategy and performance. It’s always good to explore the market and see the indicators, analyze the charts, and make decisions based on the past, but the current situation is good to track too. Combine a few different approaches, and don’t make big steps, until you are sure what will work the best for you.

8. You don’t have a plan

You need to have a few plans, just in case. Beginners usually fail to create the plan, until they realize they really need it, so they can know what they are doing at any moment. But, some plans can fail at the first moment, and that’s why you need to have a few of them, so you can fix the small mistakes immediately, and then move to the next step.

9. Using margin trading

Source:businessinsider.com

This is a big no-no at the beginning. That means you borrow the money you don’t have so you can stay active on the trading network. Maybe you will get a profit, but you will anyway have to get back a significant amount of money to the person or company that gave them to you. So, if you don’t need it, don’t get into margin trading.

As you can see – it’s not too complicated to get to know the trading market better, but at the same time, it’s not the simplest thing you will meet in your life. You must calculate all the potential risks when you starting a business like this. You can even go for safe trades until you gain enough experience to fight against the “beasts”. But, never forget that the whole concept of cryptocurrencies is virtual and as it grows the value every day, it’s quite possible to be ruined over the night. So, be careful, and always have a plan for what to do next.

6 Podcasts Every Crypto Trader Needs to Follow in 2021

Cryptocurrencies are getting more popular in recent years, which is not such a surprise considering the rise in values of some of the most popular options. This model of virtual money represents the future of transactions and offers many benefits when compared to the current financial system. For example, a high level of security and anonymous transactions cannot be intercepted or controlled by any authority. Also, you can avoid high fees that you have to pay in the banking system, which is especially good when you want to transfer the money to someone from another country. The ability to use an e-wallet for payments is especially useful for online services.

On the other side, one of the main reasons why blockchain technology and cryptocurrencies are so attractive to investors is because of the high volatility on the market, and many of them might bring them huge profits over time. The best example is BTC, which is reaching new records in 2021 with the current price of over $45,000. If you bought it only a year earlier, the profit would be ten times bigger now. If you are interested in trading with Bitcoin, visit btcloopholepro.com.

Source:afnor.org

Moreover, besides the BTC, there are many other trading options with great potential to provide you with profit over time, such as Ether, Monero, Dogecoin, and more. There are over 2,000 available units on the market. However, it is not so easy to select the right one since only some of them will continue to grow in the future. Also, you have to be aware of various factors that are affecting the prices of cryptocurrencies like supply and demand, efficiency, speed of the system, and global events like recession, official regulations, and more. Therefore, the best way to learn more about the whole market is to read analyses from experts or to listen to their podcasts. Here are some of the best podcasts related to the crypto market in 2021.

1. Hash Power

While most people have already heard about blockchain technology, many of them are not so familiar with this system and how it works in practice. A lot of people would choose to invest in popular trading options, but getting advanced knowledge about them could make the trading more efficient. Therefore, if you don’t know much about this system, we suggest you check one of the first podcasts related to this topic, the one lead by Patrick O’Shaughnessy, where you will get the basic knowledge about the technical details.

2. BTC Audible

Since Bitcoin represents the most popular option, we assume that you will be looking for a podcast that will explain to you more about the first digital asset. In that matter, you should look for Guy Swann and his Audible, where you can learn more about the advantages that you can get from using an e-wallet as a standard way of payment. The main advantage of this channel is that you can learn more about both technical specs and global factors that are affecting the future of this virtual currency.

3. The Pomp

Source:coinpedia.org

The host of this channel, Anthony Pompliano, will introduce you to big names who began to invest in the crypto market. The most interesting part is that you will find out about some successful people who were claiming that this market will never become stable and that investing in Bitcoin and other digital assets is not effective in the long run. However, many of them have changed their opinion. The most recent example is Elon Musk.

4. What Bitcoin Did

Source:blog.btcbox.jp

In this series, you will learn more about the rise of BTC and how it affected the whole market of cryptocurrencies. The main reason for creating the blockchain system was to find a way to avoid the banking system that was collapsed under recession in 2009. This topic is especially popular these days since there is a high chance for another recession caused by the lockdown measures during the pandemic.  Also, you will hear some examples where people managed to determine the right time for investing that brought them high profit. Peter McCormack, who is the host of this podcast, is also interviewing many successful people in this branch.

5. Unchained

Source:beincrypto.com

This is a great option for people who just started trading with coins and tokens. Laura Shin is a well-known expert, and she is interviewing many people with a lot of experience in trading. The main advantage is that you might find out more about some factors that might determine another crypto to have the same success as Bitcoin. Many people are looking for that option since there is a chance that some other unit could become even more popular in the future, and you should determine the right moment to invest in it.

6. The Breakdown

Since this podcast is brought by Coindesk, which is one of the most popular trading platforms today, you can get reliable information and the most recent news about the regulations, changes of value, predictions, security, and more. You should follow this channel more often since it is sharing all of the most important data about the crypto market. The host of this podcast is Nathaniel Whittemore.

Last Words

It is essential to get more information about any trading asset because that might improve your chances to select the right one and become more efficient as a trader. However, there is a big issue related to the crypto community where you can hear all kinds of stories. While some are predicting the crash of this market, the other ones are claiming how some digital currencies will reach some huge prices in the next few years.

Therefore, it is very important to follow only reliable people with a lot of experience with blockchain technology. In that matter, listening to these podcasts will help you to understand the potential of the blockchain system, what is causing the rise and fall of prices, and what can we expect in the future when it comes to this advanced method of payment.

5 Bitcoin Hacks and Secrets Every Trader Needs to Know

Getting double or triple your investment never seems bad to anyone. Who doesn’t like easy money? Of course, many do that. Therefore, the urge to get rich with a little investment has increased public interest in Bitcoin. This is also the major reason for the popularity of cryptocurrency trading. Furthermore, several success stories on the internet motivate more and more people to get into cryptocurrency trading. For example, Eddy Zillan, a crypto millionaire.

Source:in.news.yahoo.com

Only because of the amazingly true success stories, the verified users in the crypto market reached 1 million in 2018. This is proof of the truthfulness of Bitcoin and other digital currencies. But most of the people are not aware of the basics and get into this market with a little knowledge. Thus, gets in trouble and lose all of their money. Therefore, you must get to know about the hacks to get success in Bitcoin trading.

Ventsmagazine.com tells you about the purchase of Bitcoin without much investment. You can go to their Website to learn about the use of Amazon gift cards for the purchase of Bitcoin. Yes, you don’t have to use your own money if you have the gift card from amazon. So use this card to become rich.

But wait, you still have to know some secrets about Bitcoin trading. So here are the hacks that you can use;

1. Plan your Game

You might think that you already have a plan, you will do this and that and finally get success. But ask yourself how many times have you stick to your plan? Having a plan is a different thing and sticking to it is the thing you have to do. Now, to do so, you need strong will power.

Source:bitcoinexchangeguide.com

The important thing in Bitcoin trading is the time of purchase and selling. If you have bought the currency during the low time, you need to set the criteria to trade. So irrespective of the market performance, stick to your plan. But don’t just casually sit there. Analyze the market and make your move accordingly. After some time you will learn how the market works and when is the best time to sell your coin.

2. Consolidation of your portfolio

As the market goes up and down, so do the different coins. Some coins have long term potential (if you don’t know about it, you will learn that with time). The Crypto market is also like trading in the stock market. The worth of the coins can be determined through the market performance just like companies.

Source:coingape.com

For example, you have shares in a Robotics company and any cinema. So if you have to sell the shares of one of the company what will you do? Of course, the cinema because robotics has a long term benefit. The future is all about technology. Old themed and design based cinemas will no longer be there.

Similar is the case with Bitcoin trading. You have to analyze your coins and get rid of the one that does not have a long term benefit. So when you observe that the market of certain coins won’t be going up in the future, you can sell them. In this way, you will always play safe. Otherwise, the dead weight will only drag you down.

3. Never stay within the crowd

Yes, you have to cut the noise around you and should make your plan. In this way, you will move by your policies. Although it might seem that you have made a loss by staying away from the crowd that will be a short-term loss. If you want long term profitability, you have to remain in your plan.

Source:currency.com

Either remain ahead of the others behind them. For example, most of the traders are going for a certain market, but you are not sure about its performance. The best solution at such times is to stay behind the crowd and observe the trend. But if you are a trader with high market assessment potential, you will know which coins will go up.

People who work in larger groups fail to make true assessments. This is because, with more chefs, the dish will definitely get spoiled. Gossips began to start and people make wrong decisions only based upon the gossip. Therefore, keep this thing in your mind. Never follow the crowd blindly. Make your plan, your assessment and your criteria to manage investments in the business.

4. Make your own team

As mentioned above, the more the team members the gossipy it will become. But that doesn’t mean to work alone. Building a team and working along well can be a better choice. The only thing that needs accuracy is team selection. Therefore, the best way is to start with a short team, a team of 2 to 5 members.

Next is your game plan. You must ensure that all the team members get and provide information from authentic sources. Therefore, it is essential that all the team members have at least 2 or 3 subscriptions to primary authentic sources. In this way, you will be able to stay away from gossips and get the right information.

5. The need for Tools

You can provide someone with food, but it will only feed him for some time. On the other hand, if you teach someone skills to earn, he will be able to get food for a lifetime. Therefore, the need for tools is inevitable. The digital world isn’t that different from the real world. That is why you will need tools to work there.

So here we have a list of the best tools used for Bitcoin trading;

Source:icoholder.com
  • Trading view (Pro)
  • com
  • com

Conclusion

Trading isn’t child play. Although it seems like easy money, but it is not. This market is stressful. Therefore, prepare yourself to work hard. But without the right tools and knowledge, you might face failure. So equip yourself with the best tools and make your strategic game plan and there won’t be anything stopping you.

Top 5 Bitcoin Investors

The Bitcoin investors are a crucial part of this market, because they are experienced in this field, but also invest their own money in making the blockchain network more safe and stable. These people also invest in cryptocurrencies in a way that they deposit fiat money funds and get crypto coins in equal value. They are helping the network to develop and attract more potential investors, miners, and traders.

Bitcoin investing also includes:

– Buying and selling cryptocurrencies

– Making the whole network safe and stable

– Helping the beginners to learn more about Bitcoins

– Investing in crypto servers and cloud services

– Funding the development of the network and currency

– Helping the developers establish safe and trusted exchanging platforms like bitcointrader.site

– Making the digital wallets safer

These people also are holding meetings and crypto events, sharing their knowledge with those who are interested in mine, and earn with Bitcoins. They always follow what is new and try to bring that information to everyone who is included in the investing process.

What do you need to become a Bitcoin investor?

Source:pinterest.ca

Your knowledge, interest, and enthusiasm are enough at the beginning. No one wants to invest money in something that is not worth it. Before you invest even a cent in the blockchain network, you need to perform deep research on every aspect.

Investors can directly influence rates and values. You will also need to choose your mentor from the list of the most popular and influential Bitcoin investors, so you can learn from them and see what had they done for the currency. Inexperienced investors and miners are those who are trying to make a quick profit, but you must understand that you need to have deep knowledge in this field to reach that goal. It’s possible to earn cash from Bitcoins only if you follow the rules of the market.

How Bitcoin took the leading role in the crypto market?

No one can give an exact answer to this question, but maybe the secret of its success is hiding behind the massive promotion and the fact that Bitcoin is the first digital currency that conquered the world. People reacted emotionally and enthusiastically to it, wanting to grab more before they realized it’s not that simple. Many of the initial investors already gave up on this idea, but there are a lot of people who are still willing to invest in Bitcoin’s development and helping it to keep the role it has.

Here are some of the top Bitcoin investors of all the time:

  1. Barry Silbert

Source:bitcoinexchangeguide.com

He is the founder of Digital Currency Group. His goal is to help with the development of the global financial system, by supporting the Bitcoin and altcoins. He already invested in more than 70 cryptocurrency-related businesses. His company is also an owner of Genesis and Grayscale, which are focused on investing and crypto trading. Silbert also owns the Bitcoin Investment Trust fund, which is responsible for tracking the changes in Bitcoin’s price.

  1. Blythe Masters

Source:crainsnewyork.com

She is one of the most recognizable names in the crypto market. In the past, she was executive at JPMorgan Chase and CEO at Digital Asset Holdings. She is trying to find appropriate ways to implement the blockchain technology to Wall Street. After she opened her Digital Asset Holdings, JPMorgan Chase became their biggest client. Together they are testing how to make the crypto transactions quick and safe.

  1. Dan Morehead

Source:bitcoinexchangeguide.com

He is the founder and owner of the company named Pantera Capital. His company is the first to invest just in cryptocurrencies, including, of course, the Bitcoin. Pantera’s crypto fund is one of the biggest in the world. Morehead also invested in 43 cryptocurrency companies and funds, helping them develop and establish a strong trading base.

  1. Michael Novogratz

Source:bitcoinexchangeguide.com

He is a billionaire who invested almost 30% of his money in cryptocurrencies. Novogratz is a crypto enthusiast too. He started investing in cryptocurrencies back in 2015 and he already gave more than $150 million of his personal savings. He developed a crypto fund, expecting the other companies to help him invest in the Bitcoin. He is also known by his expectations back in 2018 when he was expecting that Bitcoin will be worth more than $40,000 per one coin.

  1. Satoshi Nakamoto

Source:youtube

We can’t complete this list without mentioning the creator of Bitcoin, who is known as Satoshi Nakamoto, but no one knows his real identity. It’s estimated that he owns around 1.1 million Bitcoins. People believe that he is not using his crypto savings for anything because if he does that, the price will drop immediately. Knowing that he is the creator of this widely accepted cryptocurrency, we can be sure that he invested a lot of his time and money to develop something that is this worth, but controversial at the same time.

Of course, there are a lot more names that deserve to be on lists like this, including Tyler and Cameron Winklevoss, Chris Larsen, Roger Ver, Charlie Shrem, Tim Draper, Dave Carlson, and Tony Gallippi. A lot more investors are also dedicated to the other cryptocurrencies.

Why invest in this cryptocurrency?

Source:hackernoon.com

There are a lot of reasons to choose Bitcoin as your starting point in the crypto market. Just like the gold for real money, Bitcoin is a safe-haven for all the cryptocurrencies. If it goes down, every other currency is going down too.

But, at the same time, it has a leading role in the market. Bitcoins have pretty high rates compared to the other currencies, and that is why people are choosing to invest and trade with it. If you own some pile of Bitcoins, but you don’t like the current rate, you can always store them in your crypto wallet, and wait for the better times and higher exchange rates.

Many people, companies, and whole countries are starting to clearly see the possible benefits of accepting the Bitcoins as a regular payment method. Even though a lot of people find it controversial, it’s a fact that a lot of them are at least curious about how does the Bitcoin works.