Tag Archives: Bitcoin
The 12 Golden Rules of Crypto Trading
Source: Freepik I have collected the best wisdom from countless books on trading, sifted them through the strainer and used them to bake the 12 golden rules. 1. There is no win-win situation Think back to the seesaw on the schoolyard. Two children rock up and down. There are two states. Either one child is up…
The Need & the Folly of Bitcoin as Payment Method
Only Cash Makes Happy. Or Does It? Photo: Jonathan Saavedra (Unsplash) Will Bitcoin prevail as a means of payment and in which areas? Let’s first look at what Bitcoin sets out to replace: Credit cards. The process of paying by credit card for online purchases is more complicated than customers usually think. The procedure is the…
The Amazing Story of Cryptocurrencies Before Bitcoin
The fabric of digital dreams: Gold. Photo by Color Crescent on Unsplash What — you exclaim with disbelief. Cryptocurrencies before Bitcoin? Yes, indeed. Don’t get me wrong, Bitcoin was the first blockchain-based currency. But by far not the first purely digital money. That one has a colorful history of dreams, prosecution and failure. The misfits of cryptocurrencies delivered…
Why We Need Bitcoin: A Brief History of Privacy
By Marcell Nimfuehr on ALTCOIN MAGAZINE “Privacy is actually an anomaly,” Vinton Cerf, leading developer of the original Internet Arpanet Bitcoin is not just a means of payment. We have Dollar and Euro for that. Bitcoin is not just a means of money transfer. We have PayPal. Bitcoin is not just a store of value. Better use…
Trading Strategy for Crypto Beginners
If you’re only buying Bitcoin, Ether and other currencies in order to sell them at a profit a short time later, then the investment is turning into speculation. You can trade the different tokens on a digital currency exchange (which are designed for trading fiat money for crypt currencies) or a crypto currency exchange (crypto…
Krypto Twitter Encyclopedia of Unofficial Trading Terms
Anyone trading Bitcoin and altcoins can’t avoid the use of Twitter for receiving information. There are many self-proclaimed traders that regularly inform their fans about crypto values with a potential for profit. If you don’t have a clue, then it’s probably better to follow them than to pick coins by yourself. However, it is better…
How Do You Make Money with Bitcoin and Blockchain?
“I’m an enterprise investor and my function is currently being made redundant by the blockchain. And I’m having fun,” Tim Draper, blockchain investor “Bitcoin is an experiment and like all experiments, it can fail. So don’t invest what you can’t afford to lose”, Mike Hearn, Bitcoin developer ‘Put 1% of your net worth in #Bitcoin…
Why Ripple is Worthless (And Some Other Coins As Well)
Ripple is currently the third most valuable cryptocurrency after Bitcoin and Ethereum. The currency with the abbreviation XRP is a token of the company Ripple Labs. Anyone who bought ripple for 100 euros on 1 January last year was able to withdraw 36,000 euros on January 1, 2018. The sum of all ripple tokens has…
Bitcoin launches futures trading: Welcome to the Wild West
Sunday, December 10 is a deadline for the further development of Bitcoin. The price is likely to explode, but it is not clear in which direction. Bitcoin fans are speculating about the long-awaited cryptocurrency legitimacy when futures trading starts this weekend. A future is a contract against the price of an asset in the future….