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Reports like this are called Fundamental and Technical analysis, they are usually helpful in making informed decisions. Exchange tokens are just like other alts but this time around with a sound community behind it, and the success of $BGB and $MX has been seen in their contribution to the space. $BGB seem to have the most commitment and dedication that we can point to as a good usecase, hence the trend, I'm sure the bull market will bring in the best in this token. Nice one there. |
There are several ways you can make money in cryptocurrency, so far you're able to utilise the concept of buying lower and selling higher. Anything that will make you achieve this will earn you some profits. Some of them include; •Arbitrage; Arbitrage is the greatest strategy to use if you're seeking a low-risk technique to profit from cryptocurrency. Arbitrage is the practice of purchasing cryptocurrency on one exchange for a low price, moving it to another, and then selling it there for a higher price. •Day Trading; Unbelievable as it may seem, some people profit significantly by purchasing and selling cryptocurrencies as their value fluctuates throughout the day. These individuals are known as day traders, and how they operate is as follows: Assume a cryptocurrency now costs $1,000. In the next few minutes or hours, it can go up to $1,050 or go down to $980. Since this type of price change keeps happening throughout the day, you can profit from the difference. •Earning from Referrals; Just like companies in other fields have referral programs for their customers, crypto companies do the same. When you sign up on a crypto site, you can get money or rewards for each new person you refer to the site. As you refer more people, you make more money. •Crypto Staking; Staking is another awesome way to make money with crypto. When you own a proof-of-stake (PoS) coin, you will be able to stake it to support the network. For your staking, you could get additional units of the coin regularly, which you could sell to make some profits. You can read more from this blog post |
In many respects, cryptocurrency has transformed my life. It makes me more receptive to meeting individuals from various cultures. I can gain knowledge from those who have different experiences than I do. It gives me access to the financial world, where I can trade some assets and profit from price fluctuations. Additionally, I've been able to protect my finances from the consequences of the global economic crisis. For instance, when Quidax introduced the USD savings plan, I was able to use it for my savings and protect my money from inflation by doing so. Crypto changed my life by changing how I view the financial world, giving me the opportunity to make money by taking the advantage of time and price change |
The safest trading Bitcoin trading platforms are the ones that have the best security measures. Crypto platforms have two ways they can store their customers' assets, one is hot storage where they save them online and can easily access it and is not very expensive to maintain but very prone to hacking by scammers. The other way is the best method of saving assets which is the cold storage and that is storing them offline away from the internet. This method is by far the best means of storing cryptocurrencies, as it's out of reach of potential scammers. Platforms savings assets online at some points might have experienced hack attacks but exchanges saving offline hardly get such, because of the security nature of it. You can look for exchanges with cold storage and use, and an example is Quidax which saves assets offline and has zero history of hacking. |
You can get a profit in cryptocurrency when you buy a reputable coins like, say, BTC, ETH or BNB low and you sell high, that's the goal of every crypto trading activity. If you don't know how to trade, buying low and selling high, you can always learn it online, by taking free online crypto courses where you will be taught the basic things that you need to know. After you must have learnt the basics of buying and selling, then you may proceed to learning how to determine how to buy and sell, which is done through the help of technical analysis and you can also learn this online by watching YouTube videos and reading resourceful contents online that will teach you how to make profits in crypto. Another way is by staking to earn rewards in cryptocurrency. You can save USD on some exchanges like Quidax and earn as much as 10% on annual basis. |
The markets are already in their lower lows, so this is the opportunity to buy at lower prices, you wouldn't want to wait till prices shoot up before you buy for future purpose and to be on the safer side, you can do what is called Dollar Cost Averaging(DCA), where, let's say you want to invest 20k into crypto for example, you won't just buy any crypto with all the money at once, you could buy just a small portion at a time, then wait for the price to fall a bit then buy more, like that till you're done buying with the whole amount of money. That way, you have reduced the risk of volatility and no matter how the market moves, you won't be adversely affected. Ensure that you keep your details private to yourself and do not share it with anyone, you can always buy bitcoin Quidax Global if you don't know where to get your cryptos. |
Some tips I can say for new investors in cryptocurrency exchanges is that they need to review their chosen platforms and check the structure, check the interface, charges and most importantly the security of the platform, does the platform have a historical record of being scammed or not? An exchange like Quidax is user friendly and most newbies always enjoy to start their cryptocurrency trading from there because of the simplicity, cheap charges, and security of the platform, as it has no history record of being hacked, so they trust it. An exchange as such is good for new investors to start from. |
You can get a good cryptocurrency/Bitcoin video course online on Quidax academy website, the office crypto class that belong to the Quidax exchange. They made the videos to teach newbies who are willing to learn crypto in the simplest language possible. You can start your crypto course on the crypto's website to get started. While learning, it will be good if you add some touch of vibes to it, you could look for the social media handles of the platform to join to get up-to-date information on the things happening in the crypto space over time, as it's very important in determining the market's direction. |
It's much more advisable to start trading on platforms that have resources to teach trading from the scratch and that will mean a platform that has both spot trading feature and the order book where you can carry out strategic tradings, waiting for the market to come at you over a specific period of time. Quidax on one hand is an example of such platform where you can have access to learning materials such as the free crpyto academy where you can learn crypto trading and be awarded certificate all for free. Also with this is security measures on the platform with no history of hacking, so I feel you can start on this platform and you will never regret it. |
The beat use of Bitcoin and Ethereum is in the store of value and also to solve the problems traditional banks are faced with. To have access to Bitcoin, the easiest thing to do is to get a platform that's put everything in place for you to make it available for purchase and storage, such as Quidax, where you can also learn more about the use of Bitcoin. With Bitcoin, you can easily get to overcome the rise in inflation and economic meltdown ravaging world economy these periods. Bitcoin can also be used as legal tender in any region where it is chosen to be used as such among many other. Trade Bitcoin with care as it is a volatile asset. |
Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens. Coins you can stake While not every cryptocurrency can be staked, most can. For instance, DeCicco says that seven of the ten most popular current coins can be staked. Here are some examples: Ethereum: Previously employed a PoW system, Ethereum is now moving to PoS. To stake Ethereum on your own, you'll need a minimum of 32 Ethereum to become a validator, and you'll then "be responsible for storing data, processing transactions, and adding new blocks to the blockchain," according to the Ethereum site. Quidax token(QDX): QDX is a native token of the Quidax platform that allows you to stake 500 Qdx and above in the QDX vault to get rewards in new coins whenever they're listed on the platform without having to buy them and also get QDX airdrop whenever they're done and guess what airdrops are worth it these days, nobody wants to miss out like the aptos. Solana: Solana, or SOL, can likewise be staked or delegated to a staking pool, assuming an investor uses a digital wallet that supports it. From there, it's a matter of selecting a validator and deciding how much you'd like to stake. |
You can invest $500 in Bitcoin and get a return if you know the when, the how and where to buy the coin. Buying Bitcoin to make returns is no longer difficult these days, especially with the evolution of cryptocurrency platforms that offer this services for free and even give bonuses whenever you refer new people. Buying Bitcoin at a lower price of say, $18k and selling it at a higher price of say, $40k in future is the aim. By extension, you're looking at “buying" and “selling" opportunities, so you'll try to make use of trading strategies that will bring you profits whenever you use them in trading. |
Cryptocurrency is a virtual currency created for use where fiat currency has limitations, so basically saying, cryptocurrency is a digital form lf money that runs on the blockchain the essence of it is to decentralise the financial system. However, cryptocurrency these days has been volatile in value and inflation rate and people have been leveraging on the price movement of the virtual currency what they basically do is to buy at a lower price and then sell at a higher price. There are several ways to doing this and they include; Day trading Position trading Arbitrage trading Hodling and many more. You can know more by reading on ways you can make money from cryptocurrency in 2022. |
As of present, there are over ten thousand cryptos in existence and it could actually be confusing to select which one is the best fit for someone at any time. However, if authenticity, market valuation, store of wealth and value are the main goal or criteria for selecting which cryptso are best for investment, especially amidst the vast number of crypto that is available, you could check out coinmarketcap, as the advent of technology has made it easier to sort these coins based on their valuation ranks. So, it is advisable to invest with caution in the top ten coins available on coinmarketcap, a high ranking website that lists vetted coins. Also, you can check out high reputation platforms like Quidax that only list well reputed coins/token for people to trade from all over the world at any time and day. Here, you can buy Bitcoin, Eth, Qdx the native token and even stake it to earn new coins as rewards, and many more, all the coins listed are not.just anyhow coins, but well reputed coins. |
You can stake your crypto holdings to make some passive income for yourself. This works best for people who are not professional yet with trading, people who are busy to be active in the market, people who are scared of losing funds because of a reason or another. Crypto staking is relatively safe for stakers and the only risk they're exposed to has to do with price drop during the time of staking, because how staking works is that it gives stakers some rewards for supporting the project, and the rewards could be in form of new tokens an example is the QDX staking on Quidax where stakers are rewarded with new coins whenever they're listed. |
This question has always been one of the first questions Nigerians ask ever since the CBN cracked down on crypto payment facilitation, and it could be frustrating trying hard to get a way around it, since you will still require banks to validate payments before they can be successful. In the past year, I conducted an extensive research on the problem and I tried several platforms that allow Nigerian cards to be used on them for payments and I found out that not a lot of Nigerian exchanges have what the people need, because what most are limited to is the use of p2p as the means of payment. However, I found a platform— Quidax, where, what they did was to implement automated systems that allow card to be used for payment directly into the wallets and also direct withdrawal into customers' banks. What you'll do is, making use of either pocket or voucher for your transaction and in the twinkle of an eye, it successful. That way, the impact of CBN was taken out and it gives the relief from the heartbreak given by the apex bank of the country. In the meantime, I'll continue with my research and drop the update on subsequent platforms and what it's used for. For now, that's all there's to card payment. Always be security conscious and don't disclose your card details to anyone or even allow a third party to be involved with your details, they're private to you. |
There are several ways to start staking cryptocurrency, depending on how much of a technical, financial and research commitment you’re willing to make. Your first decision will be whether to actually validate transactions using your own computer or to “delegate” your cryptocurrency to someone who’s doing that legwork for you. Networks that support crypto staking typically allow people who own tokens to provide them for other users to deploy in validating transactions, thereby earning a share of the rewards. • Using an Exchange The simplest option is to use an online service to stake your tokens for you. Some popular cryptocurrency exchanges offer staking in exchange for a commission, and they allow you to use fiat currency to purchase crypto and stake to get rewards in form of free coins when listed. A good example is the QDX staking on the Quidax exchange. • Joining a pool. If you don’t want to use an exchange for your staking — or if you can’t find one that supports the token you want to stake — you can join what is known as a “staking pool” operated by another user. To do this, you’ll likely have to know how to use a crypto wallet in order to connect your tokens with the validator’s pool. The official websites of many proof-of-stake blockchains include information about how to research validators, including links to details about how they operate. |
While many crypto investors mine in order to gain more assets, there is another option available to some investors: crypto staking. Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens. Coins you can stake While not every cryptocurrency can be staked, most can. For instance, DeCicco says that seven of the ten most popular current coins can be staked. Here are some examples: Ethereum:Previously employed a PoW system, Ethereum is now moving to PoS. To stake Ethereum on your own, you'll need a minimum of 32 Ethereum to become a validator, and you'll then "be responsible for storing data, processing transactions, and adding new blocks to the blockchain," according to the Ethereum site. Quidax token(QDX): QDX is a native token of the Quidax platform that allows you to stake 500 Qdx and above in the QDX vault to get rewards in new coins whenever they're listed on the platform without having to buy them and also get QDX airdrop whenever they're done and guess what airdrops are worth it these days, nobody wants to miss out like the aptos. Solana: Solana, or SOL, can likewise be staked or delegated to a staking pool, assuming an investor uses a digital wallet that supports it. From there, it's a matter of selecting a validator and deciding how much you'd like to stake. Staking rewards There are many benefits and rewards to staking. Here are some of the most prominent: You can earn additional tokens; This is the big one — increasing your individual stash of tokens or coins. Stakers aren't guaranteed anything, as the process of forging new blocks and doling out rewards is randomized, but stakers do "earn interest," so to speak, by staking an example is the QDX token. Staking is less resource-intensive; Compared to crypto mining, staking consumes far fewer resources, which may help you sleep at night. Plus, staking is "servicing the ecosystem by making tokens more rare," says DeCicco, which can increase the value of your holdings. Stakers get voting rights and participation; As mentioned, stakers are more entrenched in a specific ecosystem or blockchain network, which may give them more clout as to what happens next with a specific cryptocurrency. "It's similar to owning stock in a company. By staking, you're getting voting rights," says Welch. Staking can be an easy way to grow holdings; For investors using an exchange, staking can be as easy as toggling a few switches to set things up. From there, they can watch their holdings grow. It's a hands-off, easy way to keep investing, while putting in very little effort. Quick tip: The potential rewards you can reap from staking are directly influenced by how much you're willing to put at, well, stake. Keep that in mind when deciding what percentage of your holdings that you stake or delegate to a staking pool. |
The reason why people believe hodling is best strategy is because it has a very low risk factor attached to it. Given that the coin held has a good reputation and usecase, it will be safer to hold it away from the volatility of the market, because cryptocurrency price is very volatile. Let's take for instance, when Bitcoin was trading at $5,000 day traders would always have to look at price charts, follow up with news and events before the hit the buy or sell button, this is because they're day traders and will want to take advantage of the price movement to make daily profits and some, even monthly or yearly profit but among them all the person who bought Bitcoin when it was less than a penny without looking at price action and without performing any day trading could be at much profit than someone who's been actively trading, reason because, day traders don't always make a win-win in the market they get cut most of the times. Hodling is not entirely free, most especially when you're hodling onto a useless or bad coin or even hodling a good coin on a bad platform, but if this factor is taken out, hodling could be the best option especially for people who would want to use Bitcoin as a way to save their money from economic meltdown and newbies who do not know how to trade. People like that could also make use of USD savings especially on a reputable platform to safeguard their money since most trades are pegged against USDT/USD they can save while hodling to get rewarded for that. |
Getting a platform that will give you a weekly or monthly return is not impossible, in fact it's all dependent on the product offered on the platform. For example, you will be able to make daily profits on cryptocurrency platforms that offer crytpo trading services by performing day trading activities on them, where you buy low and sell high depending on how the market moves. Also, there are offers where you can support the platform by making use of their staking products and you're rewarded on a fixed plan, it could be weekly or monthly. You can also embark on savings plans, where you're given a certain percentage over a period of time you must have chosen, for example there a USD savings plan on Quidax where you're rewarded 7%-10% for saving on annual basis depending on how long you choose to save. Above it all, always consider how secured the platform you'd be choosing is, check the interface and make enquiries on the safety and always keep your details to yourself secured. |
You can learn crypto trading by taking online crypto courses that teach crypto trading for free where you're taught the rudiments of trading for free without having to oay a dime. Learning crypto trading might look complex at first, but getting engaged with communities that are centred on cryptocurrency discussion will ease the journey to becoming a crypto expert, because every crypto trader needs counseling when it comes to emotional management, because every new traders is prone to make decisions using emotions instead of logical reasoning, especially when the trader seems to be in some loss. Whichever way, ensure that you're security conscious and make enquiries on the security status of wherever you're digging in, both for information as well as trading. |
Crypto staking is the process of locking up crypto holdings in order to obtain rewards or earn interest. Cryptocurrencies are built with blockchain technology, in which crypto transactions are verified, and the resulting data is stored on the blockchain. Your coins are still in your possession when you stake them. You're essentially putting those staked coins to work, and you're free to unstake them later if you want to trade them. The unstaking process may not be immediate; with some cryptocurrencies, you're required to stake coins for a minimum amount of time. In most of the cases, the type of coin and where you stake matters a lot and can determine if your staked coin is safe because if the platform could be hacked and access is gained to the vault where coins are stored it could mean a lot. For example Quidax has a tight security system that stored crypto offline (cold storage) and so the QDX token that's staked by customers are safer than any other exchanges storing coins online (hot storage). |
Understanding cryptocurrency is not difficult and once the proper knowledge of cryptocurrency is gotten, how the blockchain works will be easier to grasp. Cryptocurrency is a form of encrypted money that works by encryption. Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders. Blockchain is a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network. The blockchain is like a logbook keeping the record of every activity of a cryptocurrency and by virtue of its nature, it is used to keep records of other things aside from cryptocurrencies, such as medical records, storage of data and information of organisations etc. Hence it's safe to say cryptocurrency under the blockchain, since cryptocurrencies can't work without the blockchain, but a blockchain can work without a cryptocurrency. |
You can do quite a lot of things with cryptocurrency. A cryptocurrency is a type of virtual or digital currency that can be used to pay for goods and services. Since no actual coins or bills are used, all transactions involving cryptocurrencies must be carried out online. To ensure that online transactions are totally secure, it deployed an online ledger with powerful cryptography. Cryptocurrency is very useful in; 1. Low-cost money transfers One of the most well-known uses of cryptocurrency is for sending and receiving payments at low cost and high speed. 2. Earn interest on Bitcoin and other cryptocurrencies with 'Yield Farming' Successfully trading crypto for profits requires a lot of time, experience and skill and instead many cryptocurrency owners are holding their coins for long term gain. 3. Invest in innovative early-stage startups; The emergence of digital token-based fundraising has allowed anyone with an Internet connection to become an investor in innovative early-stage tech startups, while at the same time providing new startup ventures with much-needed seed capital 4. Cryptocurrencies can be used as a hedge against inflation; Over the years, it's been known that inflation eats into the currency value of a nation, in Nigeria for example what a NGN100,000 could purchase as at January 2022 is not what it can purchase again in October 2022 because of inflation, the purchasing power has dropped due to drop in value. But anyone who, for example has been saving in USDT or using the USD savings, will be able to retain the purchasing power of his NGN100,000, because, it would have increased in value and protected against inflation by now, because the worth will be NGN130,000 by now and that is Hedging your funds against inflation. |
Cryptocurrency holders have two options for storing their digital money: either on hardware wallets or on internet exchanges like Quidax and PayPal. Examples of businesses that sell these little gadgets to safely store cryptocurrency tokens include Trezor and Ledger. These wallets can be "hot," in which case, users have easy access to their crypto tokens and are connected to the Internet, or "cold," in which case the crypto tokens are encrypted in wallets with private keys whose passwords are not kept on computers that are connected to the Internet. Exchanges store users' cryptocurrencies in eith hot wallets or cold wallets. While hot wallets are cheaper to maintain, and are prone to hacking since it uses internet structure for storage, cold wallets costs a lot more to maintain and is the safest form of storage since hackers cannot have access to it. Quidax for example uses a cold wallet form of storage. Cold storage is not cost effective for individuals willing to store small amounts of crypto, since they will have to lay gas fee to move it from one wallet to the other. Storing on exchanges however makes ot easier for users to exchange their crypto easily. |
You can become a professional crypto trader so far you can read and understand. What makes a good crypto traders is his willingness to take reasonable, calculated risks to invest coupled with the willingness to learn. The first step to becoming a professional crtpto trader is to get all the necessary information at hand, making research, reading materials and taking online crypto courses. After this you need to learn to start small. Look for exchanges that are not difficult to understand, have a simple user interface, offer low trading fee and also provide all the necessary information about cryptocurrency to people who are willing to learn, especially people who have little to no knowledge about crypto but are willing to trade it. An example of such an exchange is the Quidax exchange, and they also have a blog where you can read all that you need to become a good crypto trader. In addition to that, also look at security measures and transparency in how they handle customers funds and asset, because there are several exchanges out there that are prone to exploits. |
Looking for a crypto company that's reliable could be challenging for a crypto investor, given the cryptic nature of cryptocurrencies, but with the proper online tools made available by highly reputed websites like Coinmarketcap and coingecko, one can easily search for exchanges that suits one's need, and not only that, since one's region matters a lot in choosing a cryptocurrency exchange, I'll say you should not forget to search for the best cryto in your region. For example, using Africa as a case study, the leading crytpocurrency exchange in Africa is the Quidax exchange, where the services rendered doesn't only centre on cryptocurrency exchange, but also to help protect users from the bad economic conditions of the country they live in by providing a USD savings feature flr them. That, I deem as an awesome exchange that has the best interest of the customers at heart. So, consider the option of searching for exchanges that suits you on coinmarketcap and don't forget to look for security features too, how secured are the exchanges you want to sign up on and all. |
You can be a good crypto trader so far you can read and understand. What makes a good crypto traders is his willingness to take reasonable, calculated risks to invest coupled with the willingness to learn. The first step to becoming a good crtpto trader is to get all the necessary information at hand, making research, reading materials and taking online crypto courses. After this you need to learn to start small. Look for exchanges that are not difficult to understand, have a simple user interface, offer low trading fee and also provide all the necessary information about cryptocurrency to people who are willing to learn, especially people who have little to no knowledge about crypto but are willing to trade it. An example of such an exchange is the Quidax exchange, and they also have a blog where you can read all that you need to become a good crypto trader. In addition to that, also look at security measures and transparency in how they handle customers funds and asset, because there are several exchanges out there that are prone to exploits. |
The most unique cryptocurrency ever made is Bitcoin, because it was the first cryptocurrency to be made to work on the blockchain. It was after the success of Bitcoin that other cryptocurrencies were made, and every cryptocurrency maker hopes that some day the coin/token will be like Bitcoin and some even believe the coin they created will do better than Bitcoin, the knowledge of Bitcoin has grown wider and has caused a spike in cryptocurrency adoption. Bitcoin is now so unique that it's rise and fall dictates the rise and fall of the whole cryptocurrency market in general; when Bitcoin rises the market rises and when it falls, the market falls as well too. |
To be able to identify good and bad crypto projects should be one of the goals of any crypto enthusiast, investors and traders, so that they won't fall victim of scam and they'll be able to spot nice projects, to have a basic knowledge of what crypto projects are, one can take a free online crypto course , where one will be able to learn the “how", “when", and “what" of cryptocurrencies in the simplest language as possible. The worst cryptocurrencies are the ones * with a very little to no usecase at all. * That are not verified and listed on Coinmarketcap * With a very bad or low structure and backings * With no good roadmap and no plan to solve any problem * With a bad infrastructure in terms of creating a website * Without a community, no website and no documentation. You can always check coinmarketcap for the needed information about any crypto project you come across, if it's not listed yet, it's a red flag already and a sign that the team does not deserve your attention. |