By defining stablecoin, this article aims to fully explain what a stablecoin is. Basically, it is a type of digital currency similar to crypto coins but is pegged on an asset that can be considered stable such as gold or fiat currencies.
Let me break this down for you by looking at the types of stablecoins, how they work, and the benefits of investing in stablecoin.
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If you are a Bitcoin trader or investor – or simply curious about crypto, you might have heard of Bitcoin machines also referred to as Bitcoin ATMs. As the name suggests, they are similar to a normal ATM but the obvious difference is the form of currency a person can access. Instead of cash, you can withdraw and deposit cryptocurrency into your online wallet.
You want to learn more? Keep reading…
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Bitcoin halving occurs every four years when the new coins’ creation rate is reduced by half. Here, I will explore this unique feature and how the lowered supply of Bitcoin affects its price.
Bitcoin transactions need the Internet to be completed, so crypto investors might be curious about the consequences of such a catastrophe. Well dear crypto trader, worry not. The simple answer to this question is NO. Bitcoin will still be functional even if the Internet goes down. To fully answer this question, keep reading as I explain.
Although the whole Internet is unlikely to crash, there have been cases of region-wide or even countrywide coverage shut-downs. Events such as natural disasters or government restrictions can cause the Internet to go down. So how does this affect Bitcoin?
An Internet shutdown is just one of the reasons Bitcoin might collapse. Bitcoins are digital assets and are transacted over the Internet. This means the web is necessary for them to be used as a means of exchange or as digital money. Because the Internet is the basis of Bitcoin’s worth, there are some risks involved with downtime.
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Cryptocurrencies are all over the place and have experienced exponential growth since Bitcoin’s launch in 2009. Everywhere you look, you are likely to come across some kind of crypto coin or token, especially on social media. New ones emerge every day and you probably wondering why are there so many cryptocurrencies.
In this article, I will explain the reason behind this which includes exploring innovations, special use cases, technological advancements, and incentives that contribute to the proliferation of new cryptocurrencies.
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Bitcoin is the first cryptocurrency and has gained significant attention and adoption since its inception in 2009. It continues to gain recognition as a digital asset, a store of value, and a means of exchange. With this rise in recognition, one question arises, “Could Bitcoin replace the dollar?”, or even further, “Could it replace other fiat currencies as the primary medium of exchange and store of value?”.
In this article, I will look at some of the factors that influence this possibility and the challenges that Bitcoin faces as it tries to become a replacement to fiat currencies.
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You might have heard of Web3, also known as Web3.0 – you might be interested in knowing how to invest in Web3 projects. In this article, I will guide you through the process of investing in Web $ projects. This easy-to-understand information will help you in making wise investment decisions.
I will also explore the types of projects you could invest in as well as things to consider before making investment decisions.
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For beginner traders and even those experienced in cryptocurrencies, one question still puzzles many of them. “Why are crypto prices different on exchanges?” In this article, I will answer this question and once and for all, explain “Why is it one cryptocurrency can be valued differently on different platforms?“.
Some of these factors include the supply and demand dynamics of open markets as well as liquidity and the environment within which crypto are traded. Keep reading as I explore these factors.
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Although crypto can be made in just ten minutes using specifically designed software, some other forms of creating currencies are more complex.
You will likely require some financial resources, and guidance on development, marketing, and documentation.
Let’s dive in shall we, but first, a short disclaimer, this is not an article about financial advice, but rather an explanation of my own views on how to create your own cryptocurrency.
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If you have ever thought of investing in cryptocurrencies, then you might have wondered ‘What happens if my bitcoin goes negative?’ Cryptocurrencies are known to be extremely volatile investments and can experience sudden highs and lows.
But to answer your question, no, Bitcoin or any other cryptocurrency cannot go negative. Nevertheless, you might lose money but the value of cryptos cannot go below zero. It is possible to hold negative bitcoin which would mean your coins are worth less than what you bought them for. This results in a negative investment account balance.
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