How Did Cryptocurrencies Start? Bitcoin was the first cryptocurrency ever launched. In 2009, a pseudo-anonymous figure under the name Satoshi Nakamoto launched Bitcoin to be a peer to peer payment network. Also, Bitcoin was also designed to be a decentralized currency. Not printed by a government and not distributed by banks, Bitcoin became a mystery … Read more
There have been numerous asset bubbles throughout recent human history. Asset bubbles occur regularly in economies where people get over exuberant over new technological developments. An asset bubble is defined as a period of rapid escalation of asset prices followed by a big decline. It is crucial to understand how these bubbles work, and why … Read more
After a week of trading flat, the cryptocurrency market experienced a sudden flash crash earlier this week, with most currencies losing anywhere between 10 and 20 percent of their total value. While the first significant price drop was witnessed on June 10, the declining trend persisted over the three days that followed as well. While … Read more
Range bound cryptocurrency trading is one of the toughest markets for new traders. The Bitcoin chart above is a good example of a range bound cryptocurrency. Even though there isn’t much range to lose a lot of money on, it is very easy to get chopped up. Commissions can rack up, and taking a bunch of … Read more
Reading a white paper is a daunting prospect. No one wants to take the time and read through a 30+ page, technical description of a complicated piece of technology. However, being able to read and comprehend a whitepaper will give you a huge advantage over other investors. Most investors are too lazy to read the … Read more
Everyone reading this knows someone who had a big draw-down at some point in the past 2 years trading cryptocurrencies. The reality is, most of these people were destined to fail. Most of these people thought trading cryptos would be easy money, and went in with almost zero knowledge of technical analysis, fundamental analysis, and … Read more
It has become more widely accepted the past 12 months that cryptocurrency will play a pivotal role in the future. However many people are not familiar with the different types of cryptocurrency, and what different functions each serve. Definition of Cryptocurrency Before we get into the different types of cryptocurrency, let’s start with the basic … Read more
Cryptocurrency has been around for almost a decade now, but it only recently came into the limelight on major media news outlets in 2017. The hype behind Bitcoin started as people began to realize its potential to resolve huge inefficiencies in the banking and currency space. A common question people have: What problems does Bitcoin … Read more
We are seeing ICO’s and coin promotions all over the internet and social media the past 12 months. Unfortunately, most of these ads are promoting “shitcoins” or “pump and dump” schemes to just take. Some of these tips may seem like common sense, but common sense is not so common so I thought I would … Read more
Many crytpos have been breaking out of ranges on the higher time frames the past few weeks. This has brought huge momentum back to the cryptocurrency markets, and we are seeing some massive moves in Bitcoin and other altcoins. In order to capitalize on this momentum, you need to be able to recognize chart patterns … Read more
