Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,778 members, 7,817,206 topics. Date: Saturday, 04 May 2024 at 08:13 AM

How Have You Been Getting Your Education Regarding Cryptocurrency Market? - Education - Nairaland

Nairaland Forum / Nairaland / General / Education / How Have You Been Getting Your Education Regarding Cryptocurrency Market? (1343 Views)

25million For You To Stop Schooling. Is It Worth Your Education? / If You Need Financial Help For Your Education...orphans Only / Tips On How To Improve Your Gpa And Stay Focused On Your Education (2) (3) (4)

(1) (2) (Reply) (Go Down)

How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:28am On Apr 08, 2021
It's really Important to find the right source to learn about cryptocurrency market to avoid hitting the market with the wrong set of resources.

It's a broad market with lots of ways to identify the right input of data to make good decision on market movement and investments.

Will be very key to you to have a source for this growth!!

Visit: https://newscrypto.io

the above website shared is a good to source for your education relating to cryptocurrency!!
its a powerful pointer for your growth in the market.

This information is shared to help people get the right education

hope it was helpful
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:47am On Apr 08, 2021
With the current hype and rise of many altcoins lately in the cryptocurrency space, we need to slow down to look at how different metrics, including market capitalization, or market cap, can impact the long term market prices of a cryptocurrency.

We are seeing it rampant in social media groups and telegram where people are hunting for anything less than $0.01 because they feel it is guaranteed to at least double their money if it goes up to $0.02. While technically this is true if it happens, there are many factors that can impact your ability to realize a profit like that.


Read More:
https://newscrypto.io/blog/market-cap-and-tokenomics
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 10:16am On Apr 08, 2021
To start, let us start by looking at market capitalization, or market cap. Market cap is determined by multiplying the number of coins or tokens of a cryptocurrency that are created by the current market price of that cryptocurrency.

The higher the circulating supply of a cryptocurrency is less scarce an asset is and means it could have a much lower market price. For example, at the time of this writing, XRP market value is at $0.93 and has a market cap of over $43 billion, while Polkadot market value is $40.53 and has a market cap of $40 billion. Even though most think XRP is a much better value, XRP has 46 billion coins in circulation and another 54 billion coins in reserves that is not counted in market cap.
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:16am On Apr 09, 2021
As the market continues to heat up and also draw in new people, it is important to look at some basic strategies, whether it is for you or for you to help others as they ask questions.

We have given you some great tips in the past How-to Crypto reports, so be sure to go back and reference those when you have questions. The main thing we will look at in this report are how to safely enter the market, regardless of market conditions.

Every day on social media groups and forums, we see new people asking the groups blindly what to buy or how much to invest.

https://newscrypto.io/blog/getting-started-in-crypto
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:52am On Apr 12, 2021
THE CRYPTO IN 2021

The ability to take something of value and, through buying and selling, turn a profit or increase the amount of that asset someone owns has intrigued the human race for centuries. Many times in history, access to profit from these markets was limited to those in power or the wealthy elite. Today, we live in a digital world that gives instant access to many across the globe to trade in stock markets, foreign currency exchange markets, and now the cryptocurrency market. Trading online first began in what is not considered a primitive form, over the phone.

Those wanting to engage in trading had to do it through Stock Trading Brokers, and by executing buy and sell orders over the phone. With the rise of the internet, and the evolution of software and network infrastructure, we now live in a connected world that allows us to execute buy and sell orders anywhere in the world. Buy low and sell high is always the goal of a trader, but those who have mastered it in any market have identified that it is really 95% controlling what happens in your head and 5% of how the market moves and reacts.

https://newscrypto.io/blog/trading-mindset
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 2:15pm On Apr 12, 2021
HOW TO DEVELOP A WINNING TRADING MINDSET?

Trading can be a rough journey that can drain your mental energy and make it hard to focus. At times, there will be so much noise in the market that you may find it hard to focus and identify what you should do. Below we will discuss how to develop a trading mindset and why it can have such a big impact on your trading performance.

https://newscrypto.io/blog/trading-mindset
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 5:46pm On Apr 12, 2021
POSITIVE ATTITUDE

First and foremost, a positive attitude is where you must start. As James Allen wrote in the book As a Man Thinketh, “A person is limited only by the thoughts he chooses.” Is it normal to have negative thoughts and fear? Absolutely, but we must consciously focus on always returning our mind to positive thoughts. Positive thoughts will form our belief and our belief dictates every action we take or fail to take in life, and in trading.

A positive attitude does not mean to deny the truth by saying everything is great. A positive attitude is where we remain positive and hopeful, even when something is wrong. Losses in trading are inevitable, but, looking at each trade or even each mistake as a learning opportunity can help you to stay positive even in the face of adversity. The opposite of a positive attitude is a negative attitude, which can lead you to placing anger and even blame on things outside of your control. Not taking responsibility in your trading journey and painting yourself as a victim will lead to no personal growth and little-to-no success in your trading journey.
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 10:00am On Apr 13, 2021
COMMITEMENT

The second on our list of attitudes and beliefs to develop is commitment. Little happens in life without commitment. Commitment means to do the things you say you are going to do, even long after the feeling is gone that you had when you said you would do that thing.

Commitment must be to first develop your trading mindset, followed by the commitment to learn, practice, and grow your trading skills. Many people participate daily in trading, but only a small percentage of traders are committed to take the time and effort to practice, study, learn, and grown in their trading mindset and skills.

This should make it no surprise that for the same reason, only a small percentage of traders are profitable over time. Commitment must also go hand in hand with persistence to become a profitable trader and to maintain a trading mindset. Trading will give you ups and downs, with a whole range of emotions, so pairing your commitment with persistence to push through every tough situation will allow you to continue your trading journey, even while most give up on their dream to be a successful trader.
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 1:15pm On Apr 13, 2021
HUMILITY AND SELF-AWARENESS

The last of the attitudes and beliefs we will discuss go hand-in-hand, humility and self-awareness. Many may confuse humility with lack of confidence. Confidence will serve you well as you progress in your trading, but overconfidence and arrogance is what you must avoid. Stay humble even as your trading strategies improve and your trading profits grow.

Always remember that risk must be managed with every trade, and there is never a point where you are too good to not make trading mistakes. Humility also includes the intent to never stop learning.

Once you stop to study and learn in your trading, you will see your trading skills start to decline. Self-awareness ties into humility as you need to be self-aware of your emotions and, in turn, your humility. You need to also not be too judgmental or emotional when you identify mistakes you make along your trading journey. Self-awareness involves acknowledging mistakes and creating action plans to correct and improve on your weaknesses identified during self-reflections.

https://newscrypto.io/blog/trading-mindset
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 5:43pm On Apr 13, 2021
DEVELOP A TRADING STRATEGY...

Now we want to talk about developing not only a trading strategy, but also a set of effective risk management rules that you will follow in your trading. The more you stick to a strategy, the better chance you have of not letting your emotions take control.

Some parameters to take into account as you develop your trading strategy are the following. Only trade money you do not need or can afford to lose. Losing is a part of the trading journey as you cannot win 100% of your trades, and as you develop and fine-tune your strategy, you may lose more in the early trades. Always use a stop-loss and limit orders. This allows you to set your risk tolerance for each trade as you enter a trade and not later when emotions can take control.

check us out on Twitter: @NewscryptoA
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 10:02pm On Apr 13, 2021
A clear entry point, exit point, if in profit, and stop-loss for contingency if trade goes the opposite direction are vital to your trading journey. Now, with that being said, you will want to consider what your overall risk tolerance will be. This is different for every person so you must consider your investment goals, your experience, how much you are willing to lose, and your age.

visit: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 10:36pm On Apr 13, 2021
Age is important because someone closer to retirement goals may not want to risk as much as someone in their early 20s or 30s. In this, as mentioned earlier, you also need to control your risk per trade. Some trades are riskier than others and/or less likely depending on what the charts may be showing. You are only trading on the likelihood of something happening as nothing is definite. If you decide to trade with leverage, be sure to evaluate the risk of every trade since even though the profit can be way more, so can the loss.

https://newscrypto.io/blog/trading-mindset
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:14am On Apr 14, 2021
IF IT HELPS, USE A TRADING JOURNAL

Now that we have covered emotions and strategy, next you want to ensure that you keep a trading journal. This will allow you to spot common mistakes in your trading and fine-tune your trading strategy. Do not just journal the trade details, but also journal your emotions, before, during, and after the trade is complete.

Identify, looking back, if you made any mistakes, broke from your trading strategy, or let emotions take control. Being able to self-reflect will allow you to grow faster in your trading journey. If you follow others, such as on Trading View or other channels, always verify if you copy their trade recommendations that it matches with your current strategy and what you see when you study the charts.


Visit: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:31am On Apr 14, 2021
You must still take responsibility for each and every trade you make. You own it. You can also use this, when done properly, to learn from the mistakes of other traders. It is important to again remember to never stop learning in your trading journey.
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:09pm On Apr 14, 2021
The more you study, learn, execute, and reflect back, you will gain more wisdom to stack on top of your knowledge. I heard a mentor say often that “knowledge is knowing that a tomato is a fruit, but wisdom is knowing not to add it to a fruit salad.” You can have all the knowledge in the world and be a walking encyclopedia, but you will need to pair that knowledge with the principles listed

https://newscrypto.io/blog/trading-mindset
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 10:58pm On Apr 15, 2021
The more you study, learn, execute, and reflect back, you will gain more wisdom to stack on top of your knowledge. I heard a mentor say often that “knowledge is knowing that a tomato is a fruit, but wisdom is knowing not to add it to a fruit salad.” You can have all the knowledge in the world and be a walking encyclopedia, but you will need to pair that knowledge with the principles listed in this article to develop wisdom. Wisdom that can help you transition to a consistently profitable trader.

The biggest variable in whether or not that will happen is one thing….YOU.

https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by FrankELIC: 3:47am On Apr 16, 2021
Study Medicine,Business,Engineering in China,contact Whatsapp +86-18669759727 for more guidance.
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:37am On Apr 16, 2021
HOW TO DEVELOP A WINNING TRADING MINDSET?

Trading can be a rough journey that can drain your mental energy and make it hard to focus. At times, there will be so much noise in the market that you may find it hard to focus and identify what you should do. Below we will discuss how to develop a trading mindset and why it can have such a big impact on your trading performance.

https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 2:05pm On Apr 17, 2021
Cryptocurrency is considered as digital currency or asset that is used for online trading and transactions.

One of the goals at NewsCrypto is to guide newcomers and help them to become profitable traders in the shortest time possible

Here are a few trading strategies that a freshman or even experienced trader can adopt to become a pro in the trading field...

https://newscrypto.io/blog/crypto-traders

2 Likes

Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 7:57am On Apr 18, 2021
Day Trading Strategy
This strategy is much alike scalping strategy. However unlike Scalping, with more numbers of transactions, the day trading strategy involves fewer numbers of transactions.

Basically, it involves purchasing and selling an asset, token, or coin with the goal of making a maximum profit by taking advantage of the market fluctuation in a single day. Many people quit high paying jobs and follow it in the stock market. While using this strategy, a trader must consider three things...

- How much the price of the asset fluctuates around its original price (Volatility)

- How easily the asset can be converted into hard cash (Liquidity)

- Trading volume

The prime goal of the trader following this strategy is to sell the asset in value twice to the original

Visit: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:28am On Apr 20, 2021
[url]Swing Trading[/url]

This strategy is the longer version of the day trading strategy. Unlike the day trading strategy where the trader can hold the assets for a maximum duration of 4-5 hours, the swing trading strategy involves holding the assets for a duration of 6 days to a few weeks.

Following this strategy requires a detailed study and technical analysis before jumping into a market. The trader must consider recent market trends and calculate risks accordingly. Following this strategy, include analyzing the market trend, waiting for the price to fall, purchasing and entering into the market, and sell the assets when the price is at the peak.

https://newscrypto.io/blog/crypto-traders
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 11:23pm On Apr 20, 2021
◼️ Price Alerts, the simplest and most widely used. There are many cases where this comes in handy: if you’re waiting for a dip, but don’t want to just set buy orders in case the market has a deeper correction and need to see how the candle closes, then you can set an alert and see what the chart looks like when it’s triggered.

The same works for selling opportunities, of course, and it enables you to keep track of everything without staring at the charts for too long.

◼️ Moving averages (MAs) are another crucial tool for trading, and one of the best tactics for finding an entry in a bull market is to wait for the price to retest an MA. But just setting a bid can be hard here, as you can’t know in advance where the MA will be. This is where the MA alerts come in: just set the length of the MA you want, and you’ll get an alert when the price touches it, it’s that simple! No matter what you’re doing at the time, you’ll never miss an entry again.

◼️ When it comes to exchange listings, we all know how much of an impact they can have on the price of a newly listed token, and now you’ll find out about a listing the very moment it happens! Simply choose the token and the exchange that you’re hoping will list it, and you’ll get an alert when the listing goes live.


https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:17am On Apr 21, 2021
Last but not least, Ethereum gas fee alerts will make sure that you never overpay for a transaction again. Set an alert for when the gas fee drops to your specified level, and you’ll be immediately notified so you can send your transaction with the lowest fee possible!

Overall, the goal of our alerts is to free up as much of your time as possible and give you the best info, regardless of where you are or what you’re doing. Just set your alerts, sit back and wait for the market to come to you!

NewsCrypto App2.0 has just been released yesterday! Get hands on smart alerts and brand new features by following the links below.

Android: [url]play.google.com/store/apps/details?id=io.newscrypto.app[/url]

iOS: [url]apps.apple.com/si/app/newscrypto-app/id1541370304[/url]
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 7:17am On Apr 22, 2021
As we see the chatter and hype start to accelerate again around Bitcoin and other cryptocurrencies, there is a flood of new people jumping in head first. There are also those who have been hibernating since the bears entered back in late 2017 where they may have invested in some forms of cryptocurrencies but stepped away when the bottom fell out and prices declined sharply.

Either way, it is prevalent across what is known as Crypto Social media channels, such as Crypto Twitter and many crypto facebook groups. People are blindly asking the masses what to buy, should I buy X or Y crypto, or even asking if they bought X crypto, will it give them 10x, 20x, or 100x gains. This is a recipe for disaster.

Start here: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 5:24pm On Apr 24, 2021
Trading markets are a way to move money away from the ignorant and towards those that are educated and skilled in trading market cycles. The uneducated think it is as simple as picking the right one and it will make their dreams of Lambos and riches come true. They believe the market must go up forever and that any dip in price results in doom and gloom. The educated know that no matter how much you believe in the technology and project behind a certain cryptocurrency, that is not always reflected in the price.

Prices are merely a representation of a battle between buyers and sellers. Don’t get me wrong, to sell at the top of a market cycle, we need someone to buy, and to buy at the bottom of a market cycle, we need someone to sell. So before you fall victim to blindly buying or selling at the worst time for your portfolio, or before you blindly ask some random group of trolls on social media, I am going to introduce you to a term you may have seen already if you asked one of those generic questions, DYOR, or Do Your Own Research. But what does that really mean? In this How-to Crypto report, we will dig in and show you what constitutes doing your own research, and what does not. So if you are new, this is your first assignment in the DYOR category, finish reading this completely.

Visit: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 1:54pm On Apr 26, 2021
INTRODUCTORY

As we approach the end of the year, this week kicks off a series of holidays across the globe where many will be visiting family and friends, both in small gatherings and, also this year, some virtually for those who either cannot travel or choose not to travel due to Covid-19 pandemic.

In the USA, Thanksgiving is this week and is a time where loved ones gather to give thanks and stuff themselves full of turkey and other foods. If you are new to cryptocurrency, this could be the first year that the topic of Bitcoin and cryptocurrency may come up in your conversations. If you have been involved for a few years, it may have been the hot topic in 2017 due to prices skyrocketing or it could have been the subject of your loved ones jokes in 2018 and 2019 due to the drastic drops in prices across the board.

This year has been a different and tumultuous year for most, but with what is happening with Bitcoin, it could be your chance to either redeem yourself from the past couple of years or a chance to share your knowledge to open up more people to become cryptocurrency investors, holders, and even traders.

With many central banks and governments facilitating the mass, reckless printing of nations’ currencies, it is easier than ever to point to the numerous issues with current monetary policy and abuse of those policies. Understanding how the current monetary policies work along with what gives anything value will help you share with your loved ones why Bitcoin and other cryptocurrencies actually have value and are not just magic, invisible internet money. Bitcoin has seen plenty of institutional buyers scoop up tens and hundreds of millions of dollars worth of Bitcoin, and that attention alone will help you break down the walls of skepticism of your loved ones.

Visit: https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 3:18pm On Apr 27, 2021
That is, if you can explain it in an easy to understand manner. It is highly likely if your loved ones know that you are involved in cryptocurrency in any way, they will have questions for you about it. Now, we will look at how to explain Bitcoin and cryptocurrency to your loved ones and, also, resources you can point them so that they can research and learn more about the topics.


WHAT IS BITCOIN?

One of the first questions most people get is “What is Bitcoin?” This is an opportunity to simplify it, so do not start by explaining all the technicals of cryptocurrency and blockchain. Imagine explaining it to your elderly mother or grandmother or even to a child. You do not need to explain consensus algorithms and nonces for someone to grasp the basics of what Bitcoin is, just as you don’t need to understand all the intricacies of a combustion engine to operate a car. The first point to make is that it is money, just digital money. Many struggle to understand how something that is not physical and tangible can be money, but compare it to something that they are familiar with. Using a debit card or credit card, you are using a digital form of money, but that money is just controlled by banks who hold custody of your funds and have to approve your transactions.


https://newscrypto.io/blog/bitcoin-for-beginners
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:15am On Apr 28, 2021
Bitcoin can be used peer to peer with no permission needed from a bank or controlling entity. Because of this, Bitcoin is also borderless, meaning you can send to anyone in the world in any country in the world as long as you have their wallet address. If you have ever tried to wire funds to another country using banks or companies like Western Union, you know the headache and costs associated with these transactions. Unlike regular dollars that can just be printed on demand by the controlling authorities, Bitcoin has a finite supply and set release schedule until all Bitcoin has been released. It has value because of the scarcity and demand for it.

The demand revolves around the fact that it can be used to instantly buy goods, sell goods, pay for services, or receive pay for services rendered. It can double as a store of value or even similar to a stock investment that as demand grows and supply remains fixed, the value or purchasing power of Bitcoin will continue to rise over time. Day to day, traders create volatility in the Bitcoin price as the market grapples to identify the true value of Bitcoin, but if you zoom out on the longer timeframe over the years, it is a consistent upward channel of price movement.

The volatility in the short term is something to point out by showing the drastic price swings over the past 3 years, with just this year seeing a low below $4000 to a high at the time of this writing right under $19,000. One reservation some may have is that they feel the price is too high, and they may have “missed out.” It is important to point out to those you are explaining it to that Bitcoin can be broken down to as small as one millionth of a Bitcoin so you can purchase or acquire small amounts, extremely large amounts, and everything in between. Bitcoin wallets are easy and instant to set up and use without any waiting for a central authority to take days to verify you.

https://newscrypto.io
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 1:23pm On Apr 28, 2021
HOW ARE BITCOINS MADE?

The next points you want to cover are how new Bitcoin are made and a few points about how the network used to secure the ledger of transactions is more secure than the current centralized systems used by financial institutions. You want to use the correct term of mining but no need to go too deep on this. Just like gold miners invest in equipment to mine gold from the earth with work from the equipment, Bitcoin mining uses computers running software to solve complex equations and earn Bitcoin for doing this and verifying transactions.

The release of new Bitcoin has a hard cap on the total and a set amount released on a set schedule that decreases over time. The work is the amount of energy spent from the computer equipment. Because there is no central server, there is no single point of failure, making it a very secure and reliable network. Without going too deep into blockchain technology, this decentralization not only prevents network crashes, but also makes it virtually impossible for malicious hackers to successfully attack the network. Even if possible, the financial expenditures to try to do this heavily outweigh the incentive from cracking the network. It is independent because no state, bank, or institution can control or manipulate Bitcoin.

Bitcoin’s security is based on cryptography and mathematics. All network participants decide together over the Bitcoin network and its rules. There is no central bank that can print more and more money to reduce the value due to the fact that the total amount of bitcoin has already been established in the core code at 21 million. The nature of the network allows users to also remain semianonymous as you are only identified by your wallet address and not by your actual identity.

https://newscrypto.io/blog/bitcoin-for-beginners
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 8:48am On May 01, 2021
You win by learning how to!!!
Visit: https://welcome.newscrypto.io/2S4O6cQ
Re: How Have You Been Getting Your Education Regarding Cryptocurrency Market? by Embito(m): 9:40pm On May 01, 2021
you can earn a certificate on trading visit: [url]newscrypto.io[/url] and sign up

(1) (2) (Reply)

Watch How Sunday Igboho Was Arrested & paraded In Cotonou. He Predicted it / Auchi Poly Lecturer Left Speechless While Being Celebrated By Students On His Bi / Any Information About Eboyin State University?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 96
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.