Category: Cryptocurrency

1. Check the coin’s whitepaper. A whitepaper is a document created by the development team of a cryptocurrency detailing all the technical and economic aspects of the coin. It should contain information on the project’s […]

1. Determine your cost basis: Your cost basis is the amount of money you invested in purchasing the cryptocurrency, plus any associated fees such as commissions and transaction fees. 2. Determine your gain or loss: […]

1. Monitor the market news and sentiment: Before making any buying or selling decisions, keep up to date with the latest news and sentiment about the cryptocurrency market. Crypto news websites and forums can provide […]

1. Check the media outlet’s history and reputation: Look for reliable cryptocurrency news sources that have been around for a while and have a good reputation in the industry. This will help to ensure you’re […]

1. Start by understanding the different types of charts – Line Chart, Candlestick Chart and Bar Chart. Each type of chart provides a different visual representation of the price action of a particular cryptocurrency. 2. […]

1. Research the project: Before investing in any cryptocurrency, it is important to do your own research and ensure that the project has a purpose and potential. Look into the team behind the project, consider […]

1. Use a Hardware Wallet: A hardware wallet is one of the most secure ways to store your cryptocurrencies. The private key is stored on the device and is inaccessible until you plug it and […]

1. Select an exchange to trade on. When selecting an exchange, it is important to consider the available pairs, fees, liquidity, and support. 2. Create an account on the exchange. This usually requires providing some […]

1. Choose a cryptocurrency wallet: Before you set up your wallet, determine which type of wallet suits your needs best. Mobile wallets and desktop wallets are popular choices among cryptocurrency holders. 2. Download the wallet: […]

1. Stay up to date on the latest developments: The crypto regulation landscape is constantly changing, so it’s important to keep track of any new regulations that may affect your business. One way to do […]