What is volatility?
In the context of crypto, “volatility” describes the ebbs and flows of cryptocurrency prices. High volatility is a hallmark of the crypto market, whereas traditional stock exchanges are relatively stabler.
The following has a profound impact on volatility:
— Market sentiment
— Liquidity
— Speculation
— Regulation
— News.
However, myriad other unpredictable factors may also impact volatility🙂
Therefore, investors of all levels should take into account influencing factors that could sway the markets to reduce risks.
In the context of crypto, “volatility” describes the ebbs and flows of cryptocurrency prices. High volatility is a hallmark of the crypto market, whereas traditional stock exchanges are relatively stabler.
The following has a profound impact on volatility:
— Market sentiment
— Liquidity
— Speculation
— Regulation
— News.
However, myriad other unpredictable factors may also impact volatility🙂
Therefore, investors of all levels should take into account influencing factors that could sway the markets to reduce risks.
Are crypto transactions anonymous?
Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities.
Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal.
However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself).
For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.
Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.
Crypto transactions on blockchains are “pseudonymous,” meaning they can be traced to wallet addresses (via public keys) but have no direct connection with people’s identities.
Every transaction is open to the public, and anyone with an internet connection can view them. The date, the amount sent and received, the wallet addresses — all of this data is impossible to conceal.
However, if you use a non-custodial wallet, it will be impossible to identify you as the wallet’s owner (unless you deanonymize yourself).
For example, if you send crypto from a centralized exchange to your non-custodial wallet, the exchange now knows who the non-custodial wallet belongs to since you must pass Know Your Customer requirements by showing your ID.
Therefore, if you practice the basics, you can be completely anonymous on the blockchain, and no one will ever know your personal information.
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What are crypto cards?
Crypto cards are an ingenious instrument allowing you to pay for goods with crypto anywhere that accepts credit cards: stores, gyms, transportation, and the internet. They work the same way as a traditional credit card issued by banks, but they’re connected to your crypto wallet instead of your bank.
This way, you can hold your assets on an exchange—e.g., USDT on Binance—while having the ability to pay for goods and services. What’s more, there are no network fees for these transactions.
The downside is, however, that crypto cards are only available in certain countries. If you are located in a country that accepts crypto cards, you can get your hands on one of these popular cards: Coinbase Card, Crypto.com Card, or Binance Card.
Always be wary of scammers and never enter your card information on suspicious sites or platforms.
Crypto cards are an ingenious instrument allowing you to pay for goods with crypto anywhere that accepts credit cards: stores, gyms, transportation, and the internet. They work the same way as a traditional credit card issued by banks, but they’re connected to your crypto wallet instead of your bank.
This way, you can hold your assets on an exchange—e.g., USDT on Binance—while having the ability to pay for goods and services. What’s more, there are no network fees for these transactions.
The downside is, however, that crypto cards are only available in certain countries. If you are located in a country that accepts crypto cards, you can get your hands on one of these popular cards: Coinbase Card, Crypto.com Card, or Binance Card.
Always be wary of scammers and never enter your card information on suspicious sites or platforms.
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POV: Trading while using Apple Vision Pro 😳
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How does crypto works
https://news.1rj.ru/str/Bitcoin_Crypto_Web
Cryptocurrency works through a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across a network of computers. Here is a simplified explanation of how cryptocurrency works:
1. Cryptography: Cryptocurrencies use cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets.
2. Blockchain: Transactions are recorded in blocks, which are linked together in a chain. Each block contains a list of transactions, a timestamp, and a cryptographic hash of the previous block. This creates a secure and transparent record of all transactions.
3. Decentralization: Unlike traditional centralized systems, cryptocurrencies operate on a decentralized network of computers called nodes. These nodes work together to validate transactions and maintain the integrity of the blockchain.
4. Consensus Mechanism: To prevent fraud and ensure the accuracy of transactions, cryptocurrencies use consensus mechanisms such as Proof of Work (PoW) or Proof of Stake (PoS). These mechanisms require participants to solve complex mathematical problems or stake their cryptocurrency to validate transactions.
5. Wallets: Cryptocurrency wallets are digital tools that allow users to store, send, and receive cryptocurrencies. Each wallet has a unique public address and private key for secure access.
6. Mining: In some cryptocurrencies, like Bitcoin, miners use powerful computers to solve complex mathematical problems and validate transactions. Miners are rewarded with newly minted coins for their efforts.
7. Transactions: When a user initiates a transaction, it is broadcasted to the network and added to a block. The transaction is then verified by nodes in the network before being permanently recorded on the blockchain.
8. Security: Cryptocurrencies are secured by cryptographic algorithms and private keys, making them resistant to hacking and fraud. However, users must also take precautions to protect their private keys and wallets from theft.
https://news.1rj.ru/str/Bitcoin_Crypto_Web
Cryptocurrency works through a technology called blockchain, which is a decentralized and distributed ledger that records all transactions across a network of computers. Here is a simplified explanation of how cryptocurrency works:
1. Cryptography: Cryptocurrencies use cryptographic techniques to secure transactions, control the creation of new units, and verify the transfer of assets.
2. Blockchain: Transactions are recorded in blocks, which are linked together in a chain. Each block contains a list of transactions, a timestamp, and a cryptographic hash of the previous block. This creates a secure and transparent record of all transactions.
3. Decentralization: Unlike traditional centralized systems, cryptocurrencies operate on a decentralized network of computers called nodes. These nodes work together to validate transactions and maintain the integrity of the blockchain.
4. Consensus Mechanism: To prevent fraud and ensure the accuracy of transactions, cryptocurrencies use consensus mechanisms such as Proof of Work (PoW) or Proof of Stake (PoS). These mechanisms require participants to solve complex mathematical problems or stake their cryptocurrency to validate transactions.
5. Wallets: Cryptocurrency wallets are digital tools that allow users to store, send, and receive cryptocurrencies. Each wallet has a unique public address and private key for secure access.
6. Mining: In some cryptocurrencies, like Bitcoin, miners use powerful computers to solve complex mathematical problems and validate transactions. Miners are rewarded with newly minted coins for their efforts.
7. Transactions: When a user initiates a transaction, it is broadcasted to the network and added to a block. The transaction is then verified by nodes in the network before being permanently recorded on the blockchain.
8. Security: Cryptocurrencies are secured by cryptographic algorithms and private keys, making them resistant to hacking and fraud. However, users must also take precautions to protect their private keys and wallets from theft.
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TOP CRYPTO EXCHANGES RANKED BY TRUST SCORE
1. Binance — 10/10
2. Bybit — 10/10
3. Coinbase — 10/10
4. Kraken — 10/10
5. KuCoin — 10/10
6. Crypto.com — 10/10
7. Binance US — 10/10
8. OKX — 9/10
9. Bitget — 9/10
10. Gate.io — 9/10
11. HTX — 9/10
12. LATOKEN — 9/10
13. Bitstamp — 9/10
14. Bitunix — 9/10
15. Gemini — 9/10
16. HashKey Exchange — 9/10
17. Backpack Exchange — 9/10
18. Woox — 9/10
19. Coins.ph — 9/10
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Crypto speak: Candlesticks
Nothing complicated here: It’s just a way to visualize the price chart of a particular coin.
You’ve probably seen candlesticks: They’re those green and red bars on price charts. Green bars mean a rise in price; red bars mean a fall. Sometimes, traders simply call these bars “candlesticks.”
Nothing complicated here: It’s just a way to visualize the price chart of a particular coin.
You’ve probably seen candlesticks: They’re those green and red bars on price charts. Green bars mean a rise in price; red bars mean a fall. Sometimes, traders simply call these bars “candlesticks.”
Trump campaign starts taking cryptocurrency donations, vows to build a 'crypto army' - CNBC
How to Trade with Bullish Marubozu Candlestick:
1. Spot the Marubozu: Appears right after a sideways zone, signaling strong buying pressure and potential start of an uptrend. 📈
2. Volume Confirmation: A high volume Marubozu indicates serious buyer commitment. 🔄
3. Entry Point: Consider entering at the close of the Marubozu or on a slight pullback. 🚪
4. Stop Loss: Set it below the low of the Marubozu to protect your trade. 🛑
5. Take Profit: Aim for a high reward with a risk-reward ratio of 1:2 🎯
This candle can signal a powerful move ahead, so be ready to act✔️
1. Spot the Marubozu: Appears right after a sideways zone, signaling strong buying pressure and potential start of an uptrend. 📈
2. Volume Confirmation: A high volume Marubozu indicates serious buyer commitment. 🔄
3. Entry Point: Consider entering at the close of the Marubozu or on a slight pullback. 🚪
4. Stop Loss: Set it below the low of the Marubozu to protect your trade. 🛑
5. Take Profit: Aim for a high reward with a risk-reward ratio of 1:2 🎯
This candle can signal a powerful move ahead, so be ready to act✔️
🇺🇸 The US House passed the FIT21 crypto bill, which exempts digital currencies from securities regulations if they are deemed "sufficiently decentralized."