Educational Articles - Articles by Andrew

Educational Articles

Top 5 Crypto Trading Bots

Cryptocurrency AI trading bots offer a new level of investing associated with automated trading and the potential to outperform manual strategies in the rapidly changing cryptocurrency market. Discover the potential benefits and drawbacks of employing AI trading bots and explore the most promising solutions in 2024.

Memecoins: Our Top Picks for 2024

Memecoins will always be relevant regarding trends and investor popularity, they are staples of culture with values driven by highly speculative factors like celebrity tweets and company scandals.

Bitcoin Layer 2: What is it and what are the top Networks?

A layer 2 blockchain refers to an infrastructure layer within a distributed network that aims to alleviate the burden of the network base layer by performing specific computations. In its most simplistic form, it’s a small network on top of a big network, helping to ease some of the load.

What does 'To the Moon' mean?

The investing phrase “to the moon,” which refers to an investment making astronomical gains. When crypto investors say “to the moon” or “that is a moonshot” they are speaking about a crypto asset that they are hopeful will accrue significant value.

Extra Soy Sauce: Trading on Sushiswap

SushiSwap is an Ethereum-based token exchange platform that uses the Uniswap protocol. Launched in August 2020 by a pseudonymous creator named Chef Nomi, SushiSwap was created by forking the code of Uniswap and modifying it to fit his vision, which included enhanced rewards for liquidity providers and the introduction of a governance token, SUSHI.

Best DePIN projects on Solana

Decentralized physical infrastructure (DePIN) is a sector of cryptocurrency that ties cryptocurrency with physical assets to increase decentralization, resource efficiency, and community involvement.

What is custody in crypto?

An individual’s ability to retain control over their financial assets is known as custodianship. Financial custody has become extremely important in recent years as more consumers have become educated on the TradFi industry practice of fractional reserve banking where banks lend out upwards of 95% of customer holdings.

What is FUD in crypto and how to avoid it?

Humans are impatient and ambitious creatures, we often want something as quickly as possible and when we realize we can’t get it right away, we abandon it in pursuit of something else. This manifests in crypto investing through decisions that are made because someone is experiencing fear, uncertainty, and doubt (FUD) about the market and their place within it.

Crypto Degens: The Most Dedicated Fan Group in Web3

Degenerate activities are often associated with regressive behaviors; behaviors that aren’t understood and generally looked down upon. Crypto degen refers to a trader that dives into the deep end and goes fully into the weeds of niche blockchain and crypto topics that would make the eyes of an average person, even the average crypto investor, completely glaze over.

Bear and Bull Cycles: What They Mean and How to Take Advantage as an Investor

The cryptocurrency market, just like any other investment market, experiences phases of upward trends, known as bull markets, and downward trends, referred to as bear markets.

Merkle Tree in Crypto: What it is and How it Works?

Merkle trees are widely used in blockchain technology to ensure the validity of transactions within a block and efficiently synchronize data across a distributed network of nodes. This enables users to verify the integrity of specific transactions without downloading the entire blockchain.

Best Сrypto Wallets in 2024: Don't miss!

There are various wallets out there for storing your cryptocurrencies, all of which can be described as “hot” or “cold”. Since hot wallets are connected to the internet, they offer consistent access to token holdings and market data, making trading and rebalancing a portfolio very convenient.

What is Etherscan and why you need it?

Etherscan is a blockchain explorer and analytics platform that tracks and sorts the Ethereum blockchain's data into easily navigable information. It acts as a search engine for Ethereum-related activities, allowing users to retrieve detailed information about ERC-20 token transactions, NFT mints, smart contract details, wallet balances, and more.

What is Transaction ID and how to use it?

Blockchain technology brings a high degree of transparency and security to the world of digital transactions. One of its key features is the transaction ID, also known as a transaction hash. Understanding transaction IDs is crucial for anyone interested in cryptocurrencies, as they play a significant role in verifying the validity of transactions and ensuring transparency within blockchain networks.

What is Fiat Currency and is it better than crypto?

Currency, in its simplest form, is a medium of exchange and facilitates remittance for paying capital to someone in exchange for their labor. Currency also provides a means of settlement for two transacting parties exchanging goods or services. In modern terms, fiat currency is a medium of exchange used within a spec...

.ETH Domains with Ethereum Name Service (ENS)

In the world of cryptocurrency, managing and remembering complex addresses can be a daunting task. Ethereum Name Service (ENS) offers a solution to this problem, simplifying the process by replacing long, complex addresses with more human-readable names.

What is Mainnet in Blockchain

A mainnet is the principal blockchain network where real transactions take place, and actual digital assets are used. It is a live, public, and decentralized network that operates using the native cryptocurrency of the platform.

The Most Popular Cryptocurrency: BTC Dominance Explained

Bitcoin (BTC) dominance refers to the digital gold’s influence over crypto markets and how it is the most established, best-known, and most commonly traded cryptocurrency today. In this article, we will explore the concept of BTC dominance and the factors contributing to its lasting impact.

Mempool Journey: From Pending to Confirmed

In blockchain technology, a mempool (short for memory pool) is a holding area for cryptocurrency transactions waiting to be confirmed and added to the chain. These transactions are held in a mempool on each node until miners or validators, depending on the network, can include them in a new block. In simple terms, think of a mempool as a transaction waiting room.

What is Wrapped Bitcoin (WBTC): Bridging Bitcoin and Ethereum

Wrapping cryptocurrencies enables interoperability between varying networks and allows users to trade their assets on other ecosystems typically native to a singular blockchain. Wrapped Bitcoin (WBTC) represents a tokenized rendition of Bitcoin that operates on the Ethereum network and is backed by Bitcoin in a 1:1 ratio.

The Ultimate Guide to ERC-20 Tokens: What You Need to Know

Token standards in cryptocurrency are pivotal frameworks governing digital tokens' creation, functionality, and interaction within blockchain ecosystems. Among the most renowned standards is the Ethereum ERC-20 token standard.

“Buying the Dip”: Understanding a Fundamental Trading Strategy

“Buying the dip” refers to the strategy of purchasing assets when their prices have significantly dropped, with the expectation that the prices will eventually rise back up.

The Advantages of Crypto Day Trading

In cryptocurrency investing, day trading has emerged as a popular investing strategy. It's a practice that involves buying and selling multiple crypto positions within a single trading day to capitalize on its price fluctuations.

The Wild World of Memecoins: What You Need to Know

Memecoins are a cryptocurrency that uses memes, humor, and viral content to attract attention and build communities. Despite their humorous origins and lack of serious investment intent, some memecoins have garnered strong communities of supporters, demonstrating significant gains or losses in a short period due to their speculative nature.

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