Today we’re discussing Types of Coins in Cryptos? like Altcoins, stablecoins, and shit coins. What is Bitcoin? bitcoin is the largest cryptocurrency with a market cap of $1,037,814,791,544 (18/03/21). It was made in 2009 by a pseudonymous Satoshi Nakamoto. Bitcoin is decentralized as compared to regular currencies which are centralized. There is no form of […]
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Today, we’re discussing some basic terminologies, some FAQs, and the most asked question from everyone. Can you invest too much money in Crypto? If you invest too much money into crypto or one individual asset (coin), you will become emotionally attached; this amount is different for everyone as everyone is in a different situation. The
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Today, we’re discussing the topic of Decentralized Vs Centralised- What is the difference? we can also call it CEX vs DEX Decentralized: • The transfer of control of an activity or organization to several local offices or authorities rather than one single one. Eg. Blockchain networks, UniSwap exchange. Centralized: • The concentration of control of
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Today, we’re discussing What do you mean By Good liquidity and Bad liquidity? Is liquidity good or bad? What do you mean by Liquidity pools? Good Liquidity: A company’s liquidity indicates its ability to pay its debt obligations or current liabilities without raising external capital or taking loans. High liquidity means that the company can
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Today, we’re discussing Liquidity. What do you mean by Liquidity? good liquidity & Bad liquidity And more… Liquidity is how easy it is for you to convert an asset into cash or another asset, without affecting the current market price. Good Liquidity: Low impact on price Bad Liquidity: Big impact on price The word Liquidity
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Today, we’re discussing What do you mean by White Paper in Crypto Projects? use of white paper, Info. in a white paper, and other necessary things which are necessary for coins. A white paper is an overview of a crypto-currency created by the team behind the coin. The white paper would include a large array
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What the hell are NFTs? Today, we’re discussing what are the NFT’s what are the uses. NFT stand for Non-Fungible Token. NFT stands for “Non-Fungible Token”, it is a cryptographic token that represents something unique and has an individual characteristic that sets it apart. Owning an NFT is like owning a work of art or
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Today, we’re discussing What are Stop Limits? This is a very important concept for those who are trading futures. Mainly, There are 2 Types of stop limits: •BUY Stop Limit •SELL Stop Limit When inputting a stop limit you enter the, • “STOP” price • “LIMIT” price The stop price is the price that the
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Today, we’re discussing Gas fees. what are gas fees? where did the gas fee Go? You always see the term being used in the crypto space with people being annoyed about their price and potentially putting you off using the UniSwap exchange. Gas Fee: “They are needed to successfully conduct a transaction on the Ethereum
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Today, we’re discussing How to Analyze a Crypto project Fundamentally For each coin you will want to find out the following: •Tokenomics ⁃ The tokenomics is a term used to describe how a particular project’s coins are distributed amongst different parties such as the Team, private sale investors, and marketing and mining rewards. An example
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