Ethereum is a cryptocurrency designed to allow for more complex and quicker transactions. Ethereum is not just a currency but also a trust platform that allows people to run smart contracts, which are pieces of code that automate certain tasks or...
Horizontal breakouts are among my favorite trading concepts, and especially for new and struggling trader, identifying horizontal levels is usually much easier since they are objective.
Hash: The act of performing a hash function on the output data. This is used for confirming coin transactions.
Buying and selling via an exchange or with forex broker. You will need to open an exchange account, set up a trading account, and then sell. It costs the full asset value to open a spot, and the cryptocurrency tokens need to be stored in your own...
Lightning networking is a second-tier technology that uses micro payment channels to scale your block chain's ability to execute transactions more efficiently. Compared to those conducted directly on the bitcoin block chain (i.e., on the chain),...
A form of incentive for the miner who successfully calculated the hash in a block during mining. Verification of transactions on the blockchain generates new coins in the process, and the miner has rewarded a portion of those.
Fiat currency is a legal tender whose value is set by the government and issued by it, unsecured by any physical good or product. A fiat currency's value is determined by the credibility of its government. Fiat currencies are used by most countries...
Bitcoin is popular because it is decentralized, which means the government cannot interfere with it. Even if the value of the currency stays the same, there is no way you are able to use it, so it's useless. However, they can always interfere with...
Day trading is a regularly used approach to trading stocks in cryptocurrencies. Typically, day traders will use rapid trading tactics to take advantage of volatility in the market and generally hold positions for only one day.
With increasing user numbers, the network must be able to handle a larger number of transactions in order to scale. Transactions on the network are grouped into blocks, with each block having a maximum size of 1 MB. Among Satoshi Nakamoto's...