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Beginners

Embark on your journey into the exciting realms of Forex and Crypto trading with our dedicated “Beginners” category. Designed for those stepping into the world of financial markets, this category is a comprehensive guide to mastering the essentials of both Forex and Crypto trading. From understanding currency pairs and market trends to navigating the intricacies of cryptocurrency investments, our curated content is your roadmap to success. Dive into beginner-friendly tutorials, gain insights from seasoned traders, and build a solid foundation that empowers you in both Forex and Crypto landscapes. Whether you’re curious about traditional currency trading or venturing into the realm of digital assets, our “Beginners” category is your starting point for informed and confident trading.

Bitcoin vs Bitcoin Cash: Understanding the Differences

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Bitcoin and Bitcoin Cash are two popular cryptocurrencies that share many similarities but also have some key differences. Both Bitcoin and Bitcoin Cash are decentralized digital currencies that operate on a peer-to-peer network. However, Bitcoin Cash was created as a result of a hard fork in the Bitcoin blockchain in 2017. This event led to the creation of a separate cryptocurrency with some distinct differences from Bitcoin. In this article, we’ll explore the differences between Bitcoin and Bitcoin Cash and help you understand which one might be the right choice for you.

  1. Transaction Speeds

One of the main differences between Bitcoin and Bitcoin Cash is the transaction speed. Bitcoin Cash has a larger block size limit, which allows for more transactions to be processed at once. This means that Bitcoin Cash transactions can be completed faster than Bitcoin transactions, especially during times of high network congestion. Bitcoin, on the other hand, has a smaller block size limit, which can lead to slower transaction times and higher transaction fees during times of high demand.

  1. Transaction Fees

Transaction fees are another key difference between Bitcoin and Bitcoin Cash. Bitcoin fees can be high, especially during times of high network congestion. This is because Bitcoin uses a first-in, first-out (FIFO) system for processing transactions, which means that higher fees are required to ensure that your transaction is processed quickly. Bitcoin Cash, on the other hand, uses a flexible fees system, which means that users can choose to pay lower fees for slower transaction times or higher fees for faster transaction times.

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Bitcoin CFD: What Is It? How Does It Work?

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Bitcoin Contract for Difference (CFD) is a popular financial instrument that allows traders to speculate on the price movements of Bitcoin without actually owning the cryptocurrency. CFDs are a type of derivative product that allows traders to take advantage of the price movements of an underlying asset without having to buy or sell the asset itself.

What Is Bitcoin CFD?

Bitcoin CFD is a financial instrument that allows traders to speculate on the price movements of Bitcoin. CFDs are contracts between traders and brokers that allow traders to bet on whether the price of Bitcoin will go up or down. If the trader is correct, they make a profit, and if they are wrong, they lose money.

How Does It Work?

To trade Bitcoin CFDs, a trader needs to open an account with a broker that offers this type of financial instrument. Once the account is open, the trader can place a buy or sell order for Bitcoin CFDs. The trader can then close the position at any time, either to take profits or limit losses.
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Safe Ways To Store Crypto

These days, investors from middle and lower-income countries are investing more
in crypto and bitcoin. People over there are using them to send remittances,
preserve their savings, and work as a substitute when it becomes hard to access
financial services in those countries.

Various entities are coming up with new products and services to make it easier
for those that are new to crypto or have been investing in them for quite some
time. However, this greater rate of adoption has also led to more thefts and
hacks.

2022 was the worst year in terms of the value of stolen cryptocurrency
at 3.8 billion dollars.

Commercial non-custodial cold wallets

One of the best options that you have in this regard is a commercial non-custodial
cold wallet. You would find a lot of options in this case such as Trezor Model T and
Ledger Nano X.
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