Wednesday, January 26, 2022

5 THINGS YOU SHOULD KNOW ABOUT ANY COIN YOU WISH TO INVEST IN.

 In venturing into crypto investment , there are  a lot of consideration you ought to make. You can start by first of all asking your self some questions like:

a.  much can I put in this coin?

b. How long do I plan to hold this coin ?

C. What if this coin(new) is fake ?

d. How do I know if this coin is real or not ?

E. Who actually invented  this coin and since when?

After this series  of questions in your mind how do you intend to answer them correctly?

Well in view to this, I can say we are now in a digitalised world where information is in everyone's finger tips , and therefore every knowledge you  need about a particular thing whether coin and other crypto related matters is within your reach.

Things to consider while choosing a coin to invest in:

1.Trace the history of the coin , that is our area of specialization , just a tap to our site , type in the name of the coin, and we get you covered . In doing this, read up how the coin came about because there are alot of scammers who could manipulate things to make money .

So, as a begginer, not just to invest in a hurry first of all know details of what you are investing in and how do you do this ?

A. Getting a mentor is one of the best way to be free minded even though you can still do your personal research.

B. Seeking advice from your mentor when you don't get things right is another thing to consider to avoid lost.

C making use of the available resources because in crypto currency investment it's highly adviced you don't invest any capital you won't able to get off your mind when you  lose them . "Invest as you can afford to loose"

2. Check out the listing of the coin , there several listing people don't or rather fail to get at : 

a.Tracked listing : this is the type of listing that is due and correctly followed both in the community guideline and protocols , you should check on this through coin market app, coingecko.

b untracked listing :this is direct opposite of the earlier mentioned , so it is very necessary you check the multiple listings of every coin to be sure it is properly added to coin list before you buy them .

3. Consider how much you wish to buy a coin with, some new investors who don't understand how the market works decides to invest as low as $5 and in their mind when the coin is officially launched they would become a trillionaire , no sometimes it is not so , remember the higher your capital is the higher the coin number even though you don't have to risk what you can't afford to loose.

4. Give your investment time to mature, in the crypto currency investment , when you have decided to buy a particular coin and hold , give it time, estimate of 2_3 years is good , after then you can note the movement of the coin , some people who are not in any way a trader sells off what they have this minute and regrets it the next minute because the market fluctuates.

5. Avoid putting all your mind in any coin you buy , some people due to the fact that they need money, they keep checking in on their wallets daily to sell off when the market adds to their favour but that is not a good strategy unless you are a top investor with enough capital you can make some gain within a short time .

Take note of all stated above and you are good to go .



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Tuesday, January 25, 2022

DOGECOIN HISTORY

 What is dogecoin? 🐕

Doge coin is a crypto currency that was invented by two individuals viz : Billy Markus and Jackson Palmer, engineer respectively . They decided to create the coin as a payment mode but it first started as a "joke" to make fun of other broad and known speculations in the in the digital currency time.

Dogecoin if it may interest you to know is the "first " ever created memecoin , the first "Dog coin " too . The intention of the two engineers Billy Markus and Jackson Palmer was to invent a P2P (peer to peer) crypto money to reach out to a broader and larger demographic audience in other to superse "BITCOIN as the first coin to ever exist .

 One funny and surprising thing u need to know about dogecoin🐕   

It is quite arguable to tell between Ethereum and doge coin the one that was first created right?

Alright but on this note the truth is that dogecoin is older than Ethereum which is today the second largest in the crypto market , in view to this and to clarify you the reader on this you can read further to get it right.

   BRIEF HISTORY OF DOGECOIN🐕

Dogecoin was officially launched on the 6th of December 2013 and it attracted over a million visitors to the project within just 30 days after its creation , interesting right?

Palmer Jackson  a co_founder of dogecoin was initially a member of "Adobe system in the marketing department in Sydney particularly. It was him that purchased  the domain name "dogecoin.com" and procceded to add a splash screen to it which enabled it's logo and caused a humorous sans tesxt. 

Later on, Billy Markus reached out to Jackson Palmer when he had seen the site and do you really know the next thing that happened? 

Well, the plan became more serious than how Jackson Palmer ever thought because Billy Markus came in and immediately began to make a huge effort in other to develop the meme coin . The coin protocol was later designed by the two digital Giants based on the already existing crypto currency like : Bitcoin, luckycoin and litecoin too using a technology to proof the work algorithm .

There was a massive unexpected pump of dogecoin around December 19, 2013, it jumped to nearly 300% in just within 72hours in its value , the initial price was around $0.0026 and it quickly pumped up to $0.00095 trading with over billions of dogecoin in its volume.

Jackson Palmer later left the project , leaving the crypto community around 2015 when Ethereum came in place and Jackson Palmer had no intention of returning to the crypto business as he believed that the crypto currency as believed also is libertarian way to money ,but is very exploitative. 

Billy Markus his co_founder on the other hand , agreed with him and at this point in time ETHEREUM had matched out and many investors and dogecoin visitors diverted .

Dogecoin reached a peak of $0.017 early 2017 and around January 2021 dogecoin picked up again rising up to 800% within 24hours reading a price of $0.07 as a result of the hyping and encouragement of one of the recent global Giants Elon Musk and also as a result of some Reddit users.

Monday, January 24, 2022

3 THINGS EVERY CRYPTO HOLDERS SHOULD NOTE;

 In the history of crypto starting from the year 2009 when Nakamoto Satoshi , a mysterious creator invented Bitcoin as the first and largest crypto currency, it will interest you to know that Bitcoin (BTC) as shortly called was as low as below 0.5 dollar which was the best time to invest in it , but gaze what? 

Fear and ignorance took many away from         the reality and power of this great

 opportunity which many lived today to regret . The crypto market began as early as that , so many people who had the mind, ventured into it , along the line due to its fluctuations at some point due to fear of loss and imbalance  so many holders sold at a cheap rate which today, it is of a big regret to them and a shock too to  see the risen beneficial prize of what they were afraid of , good enough some never believed it was a scam as normally addressed , that set of people today who invested without fear  controls the world financially, to buttress my point on this , using Elon musk as a good example he is recently the world richest being on Earth as record may have it , even though he has other ways through which he earns like the Tesla company , aside this crypto , Bitcoin (BTC) precisely got him to this level which in recent trend he is to be the first ever trillionaire  in dollar in the world and that is among the 3things to be further explained below;

3 things , that makes you a good crypto holder in the crypto market.

 First of all there 3 categories of people in the crypto market, you are either  :

A. Trader

B. Investor

C. Hodl

Judging every being involved in the crypto market this 3 major tips and categories is very important because some people just venture into the market without possibly understand what it is  all about some who in one way or the other engage in the market can't really differentiate  between this categories of people not even note where in this categories they fall in, and this is why some loose their money out of fear and ignorance . Before any one goes in to the crypto business he or she should first or all ask himself or herself the above mentioned points as a question like :

Am I a trader?

An investors ?

Or am I buying to hold for a long time before selling off to make profit ?

Once this questions is answered then you are good to go!

The 3 points explained :

A. Trader: in the crypto market  a trader is someone who buys  a coin and on that note creates  an account i.e in binace futures or any other trading platforms like:

Gate.oi , binance, Enjin wallet, metamask etc , with  the aim of buying  or selling coin over another with a triggered price , the trader can be a day trader , a scalper , or a professional trader (long time holders of trade) , he makes his profit any day and any time and also in cure losses too.

B. Investor: an investor in the crypto market is someone or a group of people who buys a particular coin in a low price with the intention to sell when the market goes bullish (increases in price) e.g the crypto whales , they comes in to buy low price and sells at a higher price and at a little time causes fluctuations in the market when they sells because they buys in a large quantities.

C Holder : a crypto holder is majorly considered as long term investors in the market , this set of people buys a particular coin, holds it for like  years like ; 10 to 15 years before selling , when the coin price might have grown to a point of selling consideration as they may assume .

So, in the crypto market it is adviced as a biginner who wish to go into crypto, to first of all, know where you belong in the above listed and explained tips before you kick off to avoid regrets due to loss of funds.




Sunday, January 23, 2022

ETHEREUM SHORT HISTORY.

 Ethereum is a big platform which is pioneered by Blockchain technology that is known for its Traditional crypto currency known  as Ether , or Eth or rather Ethereum as fully addressed.

The large shared nature of the Blockchain technology is what makes the ethereum platform safe and secured , and in that case he security enables Eth to accrue its normal value .

Many #decentralized_finance (#Defi) and other apps uses smart contracts  in relation with Blockchain technology.

BRIEF ORIGIN OF ETHEREUM

Around mid year 2013 , Vitalik Buterin was acredited with the concept of Ethereum as he published a white paper to introduce it middle of 2013 even though it was later launched properly around 2015 by Buterin and then master Joe Lubin , the father of Blockchain technology company .

The major founder of Eth were in the list of the first to look at the full potentials of the Blockchain technology ,even beyond ordinarily enabling the secure trading of virtual currency.

One noteable thing about Eth history is the HARD FORK, or split of ether and ether classic in the year 2016 , a group of channels participants gained the majority control over the eth Blockchain to steal and hide over $50 million worth of Eth , which had been raised from a particular project known "DAO" , the success of this was somehow attributed to the involvement of a third_party developer for the project .

Since the launch of Ethereum round 2015 , Eth (Ether) as on of the today big crypto currency has risen to become the second largest in all the crypto currency by value , outranked by only Bitcoin which is the first ever launched crypto currency , launched around January 2009.

Saturday, January 22, 2022

WHAT IS BITCOIN AND ITS RECENT CRASH?

   First of all, Bitcoin (BTC) is a decentralizalised digital currency , created in January 2009, it actually followed the ideas set out in a white broad paper by a mysterious and pseudonymous Satoshi Nakamoto .

     REASONS FOR BITCOIN CREATION.

    Bitcoin (BTC) offers a lower transaction fees than a normal traditional online payment mode . Bitcoin system is a combined computers commonly known as "nodes"/miners which runs over on its blockchain .

  WHY BITCOIN CRASHED?

It actually left investors astonished to experience suck crash down over night which many new and old investors asked why?

 Well,  a massive sell_off on Friday night in the crypto market accelerated after the stock market closed on wall street.

 The massive bearish move seems to be feed on itself , causing alot of fear in minds of young new and old investors in the crypto market .

    There are some things to really check out in short term trading . One is that in the crypto world , liquidations are accelerated as investors with leveraged bets that cryptos will go bullish but it rather liquidated from it's original positions .

According to "coinglass.com" $1.14 billion in coin position have dropped down in the last 24hours and $416 million of that group came up to play just the last few hours . This took place across the industry, but Ethereum is being faced at hardest with over $113 million crash down in counts just in few calculated hours .

          SO NOW?

In the recent change with the matter now is that hopefully the trend will revive and a hooge bullish force is soon expected in the crypto market even though it is not yet specified .

5 THINGS YOU SHOULD KNOW ABOUT ANY COIN YOU WISH TO INVEST IN.

 In venturing into crypto investment , there are  a lot of consideration you ought to make. You can start by first of all asking your self s...