What you’ll learn? Learn about price formation Understand the role of exchanges What price information an exchange provides Interpreting order books & depth charts In the first article of this series on how to trade cryptocurrency we distinguished between thinking about risk and opportunity – in terms of short term price volatility and long term… Continue reading Where do crypto prices come from?
Month: September 2022
Feet on the Ground
Whether Trading or Hodling, you are essentially betting that you will be able to sell a cryptocurrency at a higher than the point at which you bought. You might flinch at use of the word ‘betting’ but trading is a form of gambling. The trick is reducing it to a skill-based decision – through a… Continue reading Feet on the Ground
Trading vs Hodling
Though both Trading and Hodling require you to manage risk, it plays out over different time frames – short term and long term – and the influences on risk – how it manifests as price movement, and the approaches to managing it – are different for each. The umbrella term for analysing short-term asset price… Continue reading Trading vs Hodling
Distinguishing Trading From Investing
So cryptocurrency is a risky, novel and volatile asset, but with significant potential upside in both the short and long term. Your challenge is to figure out how to tap into that potential, manage the risk and make money, by learning how to trade cryptocurrency. To keep things simple at this point, let’s assume that… Continue reading Distinguishing Trading From Investing
What is cryptocurrency trading?
What is Cryptocurrency Trading? What you’ll learn? What cryptocurrency trading is The nature of risk in trading crypto The difference between trading vs hodling The importance of keeping your feet on the ground When we surveyed newcomers to cryptocurrency asking them what aspect they would most like to learn about, one of the most popular answers was… Continue reading What is cryptocurrency trading?
Are DEFI’s risks worth it?
DEFI only emerged a few years ago yet has already grown to manage over $200bn in crypto funds. There is clearly a huge demand for services that enable crypto investors to generate active returns from their funds rather than just hodling. However, DEFI’s immaturity, decentralised nature and allure of financial opportunity have generated significant risks… Continue reading Are DEFI’s risks worth it?
What are the types of DEFI Risks?
The huge attraction of DEFI is that it empowers cryptocurrency holders to consume financial services typically only available to accredited investors while allowing them to retain control over their funds. The flipside of this autonomy is that users assume the risks usually borne by traditional intermediaries such as banks. We can group the different types… Continue reading What are the types of DEFI Risks?
What is DeFi and How Does it Work?
DEFI is only possible because of the Turing Complete nature of the Ethereum blockchain. Being Turing Complete simply means that Ethereum is capable of executing any instruction that can be reduced to mathematics. Those mathematical instructions are programmed using a purpose-written language called Solidity to craft Smart Contracts, which automate financial services. That Smart Contract… Continue reading What is DeFi and How Does it Work?
What does DEFi stand for in cryptocurrency?
DEFI stands for decentralised finance and is a catch-all for a range of blockchain-based financial services automated by Smart Contracts and delivered through digital applications (dApps) that users can connect directly to without any formal vetting process. According to DefiLama, over $200bn of cryptocurrency is currently locked in DEFI applications with over half of that… Continue reading What does DEFi stand for in cryptocurrency?
What are the risks of DEFI?
What you’ll learn : What does DEFI stand for in crypto? What is DEFI and how does it work? What are the types of DEFI risks? Are the risks worth it? DEFI gives anyone with an internet connection and a supported cryptocurrency wallet access to financial services previously off-limits or restricted by KYC. Centralised intermediaries… Continue reading What are the risks of DEFI?