Defining Bitcoin Mining Bitcoin mining is the process in which new Bitcoins are created by solving complex puzzles. For solving puzzles, a computing system with a specialized chip is required. Many miners are competing to solve the puzzle. The Miner who solves the puzzle first is rewarded with new Bitcoin tokens. During mining, the transactions […]
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Does Volatility Make Crypto an Unreliabl...
The Volatility of Crypto Market The Crypto market can be characterized in many ways. It can be considered engaging, dynamic, innovative, and can be regarded as volatile. In the past decade, the crypto market has seen many ups and downs. The uncertain price swings have always kept the investors on their toes, as no one […]
Long and Short Trade Positions
Long and Short trade is related to buying and selling of cryptocurrencies based on the market price movement. In long trade cryptocurrencies are bought at a price, hoping that prices would increase in the future. The traders would sell the cryptocurrency at increased prices and make a quick profit. In short trade the cryptocurrency is […]
Well Known Candlestick Patterns
Candlestick charts are used to depict the price fluctuations of an asset for a specific time interval. They provide investors with complete insight into price movement in the market. The price change of an asset is depicted through different colors on the candlestick charts. Green depicts a rise in prices, whereas red depicts a fall […]
Crypto Candlestick Charts
Any investor looking to invest in the crypto market should be capable of understanding and reading candlestick charts. For a new investor or trader, this could not be that simple. Many new traders or investors trust their instincts to make decisions related to investment. While this could be beneficial for a short time, in long […]
Pros Cons of SideChains
SideChains are Blockchains that are an extension of the main chain or the parent chain. To develop a sidechain an off-chain process must be introduced that will broadcast the data between both the blockchains. Through this, the data can be synchronized or transfer of assets can be carried out. For data synchronization, information must be […]