From country to country, the legal status of bitcoin differs significantly, and, in most countries, it is still undefined or changing. The main reason for this is the novelty and the cryptocurrency phenomena, which is why many governments are still exploring the possibilities of this digital asset. Whereas the majority of countries do not make the … Continue reading How Much Would a Country Need to Invest in Bitcoin for It to Become Legal?
When planning to invest in cryptocurrencies, or specifically in Bitcoin, users tend to have many questions. This is a good sign, meaning that a person is not taking the matter lightly. Like making any large purchase, from a couch to a stock, people should, and often do, feel obligated to be prepared. Cryptocurrencies are a … Continue reading How to Start Investing in Bitcoin
As you probably know all too well, Bitcoin is based on a distributed ledger called the Blockchain, which means it is decentralized and transactions are not mediated by a middleman (a bank). There is no central authority and it is not regulated like physical money. This lead to market manipulations in the past which caused … Continue reading Are Bitcoin Prices Being Manipulated by Traders?
Bitcoin is a digital currency that was created 9 years ago by an anonymous person under a pseudonym. Bitcoin uses a distributed ledger called Blockchain, which is not operated by a centralized authority, unlike government-issued currencies. This prevents the long-standing problem of double-spending in digital money. Users who participate in the Bitcoin network and verify … Continue reading Why Is Bitcoin so Popular? Is It the Future of Currency?
Traditional stock markets are centralized, expensive and have limited transparency. Keeping this in mind, stock exchanges all around the world are now exploring how they can use modern technology, including Blockchain, as a way to improve efficiency, security and to reduce costs. Blockchain is the technology that allows Bitcoin and other cryptocurrencies to be traded. … Continue reading Is Blockchain Improving or Replacing Stock Exchanges?
Is it safe in which way? Short-term, long-term? Safe as not illegal? Safe as secure from hackers? Since I don’t know what you meant I’ll answer on all of these questions. Investing in Bitcoins always carries its risks, of course. I'll divide them in different risk types and explain them below. Market Risk: Just like … Continue reading How to Safely Invest in Cryptocurrencies
I’ve been trading with cryptocurrencies for almost 4 years now, and I’ll share my experience below. First let's check the definition of Pump and dump: A pump and dump scam is the illegal act of an investor or group of investors promoting a stock they hold and selling once the stock price has risen following the … Continue reading Cryptocurrency Trading: Do Pump and Dump Strategies Work?