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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."
📊 Cryptocurrency Trading Basics: Technical Analysis 📈
Technical analysis evaluates investments through statistical analysis of market activity 📉. It focuses on price charts and indicators to identify patterns. Unlike fundamental analysis, it doesn't measure underlying value but uses historical price data to predict future movements 📅.
Key Concepts:
- Market Discounts Everything: Prices reflect all information 💡.
- Price Moves in Trends: Future movements follow trends 📉.
- History Repeats Itself: Past data predicts future trends 🔄.
Learning & Practice:
Continuous learning and practice are essential 📚. Engage with resources, practice extensively, and contribute your insights.
Technical analysis evaluates investments through statistical analysis of market activity 📉. It focuses on price charts and indicators to identify patterns. Unlike fundamental analysis, it doesn't measure underlying value but uses historical price data to predict future movements 📅.
Key Concepts:
- Market Discounts Everything: Prices reflect all information 💡.
- Price Moves in Trends: Future movements follow trends 📉.
- History Repeats Itself: Past data predicts future trends 🔄.
Learning & Practice:
Continuous learning and practice are essential 📚. Engage with resources, practice extensively, and contribute your insights.
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Trading Tip of The Day
The Risk/reward Ratio Is Usually Unfavorable For New Longs At The 70 RSI Level On A Chart.