Dogecoin’s design What Turing Complete means Introducing the Flare Network Spark & Songbird Airdrop Dogecoin has been one of the biggest crypto stories of the last 12 months. The memecoin has been pumped by the world’s richest man and rose 1000% in value, but because of its design its holders can’t easily access all the… Continue reading Defi comes to XRP & Dogecoin
Month: October 2022
When is the right time to sell your crypto?
Starting with your feet on the ground The Simple & Sane Crypto Savings Plan There is never a right time to sell With growing numbers of people getting into crypto, there is a far greater focus on finding the right to buy, than knowing the right time to sell. But unless you have a clear… Continue reading When is the right time to sell your crypto?
What does money printing really mean?
Learn CryptoSep 08 · 8 min read The problems with unchecked money creation Why governments keep growing national debt Kicking the debt can down the road Bitcoin – schmuck insurance Crypto thrives on memes and one of the most popular is the message of governments spending their way out of economic problems, with the ‘money… Continue reading What does money printing really mean?
How Bitcoin transaction fees work
How much traditional financial transactions cost Bitcoin’s on-chain transaction fees Bitcoin transactions for low fees at Lightning speed How to minimise bitcoin transaction fees Bitcoin was created as an upgrade to the legacy financial system, giving more people access to banking, and making transactions faster and cheaper. Sending bitcoin isn’t, however, free, and fees can… Continue reading How Bitcoin transaction fees work
How does an NFT have value?
What is an NFT? Scarcity & intrinsic value The role of hype Innovation & the future of NFTs On June the 10th 2021, a 24 x 24 pixel digital image of a punk alien was sold for the equivalent of $11.75 million, which equates to over $20k for a single pixel. Simply described as Punk… Continue reading How does an NFT have value?
Five tips for crypto investing
Always do your own research (DYOR) Don’t invest what you can’t afford to lose Discover what Survivorship Bias means Take a slow & steady DCA approach If you’re looking to invest in crypto you might be tempted to follow colourful influencers on Youtube, TikTok or Twitter, promising massive overnight gains. Sadly, crypto, and life in… Continue reading Five tips for crypto investing
What’s wrong with leveraged crypto trading?
If you’re interested in the dynamics of crypto markets you’ll need to understand how leverage works. Leveraged crypto trading is a technique that enables you to make trades up to 100 times bigger than your capital would normally allow, amplifying both the potential gains and losses. This type of high stakes trading should be reserved… Continue reading What’s wrong with leveraged crypto trading?