Cryptocurrency Blog

Is It Safe to Share Your Bitcoin Address? Before we decide that sharing bitcoin address is compromised or safe, we must understand few important aspects of bitcoin address and its security because this information guides you in deciding whether to share the bitcoin address to anyone or on any website. Bitcoin is the most privileged cryptocoin in the current crypto world. Any bitcoin user can generate bitcoin address without even having an internet connection, and additionally, it is not necessary to register with the bitcoin world network. Thus people can create such address with the help of the software available freely on numerous websites. Technically, a  Bitcoin  address is a 160-bit hash of the public portion of a public/private ECDSA key pair. Using public-key cryptography, you can “sign” data with your secret private key, and anyone who knows your public key can verify your signature legitimacy. A bitcoin address includes 26-35 alphanumeric chara...

Tips for New Bitcoin Investors There are many crypto coins available in the market which has been offered by the different entity with unique schemes for trading purpose. One of them is Bitcoin, which is the most prevalent among all. Bitcoin was the first and the most valued cryptocurrency in the world. Most of the traders prefer to trade in Bitcoin despite the availability of other cryptocurrencies. New traders also wish to come in the crypto world and try to invest by trading Bitcoin as their first cryptocurrency. Such new traders need to have enough knowledge before trading in Bitcoin as it is highly volatile and requires a high level of security as well. There are a few points discussed below as tips for the new Bitcoin investors. Gather related information You need to gain information related to Bitcoin’s trading mechanism as well as volatility. Once you gather the required information, you can have better decision making ideas. Bitcoin is different from the primaev...

Many traders who are trading massively in cryptocurrencies like bitcoin and  buy ethereum , and such traders are trading to win always but winning in cryptocurrency can happen once they have adequate knowledge about the technicality of trading and risk management. When it comes to trading with leverage, the traders have to rethink their plan to trade crypto coins. As we know that cryptocurrency is highly volatile, we should consider the following cryptocurrency trading tips: Crypto Trading Tips Invest before you know the risk  There are always risk associated with  cryptocurrency trading  despite being well-versed with it. Therefore, you must calculate the percentage of risk and how much that can impact the capital negatively. Also, if the risk is well-calculated and you have agreed positively to bear, then such traders may go for this kind of trading. Put your investment in different coins  Warren Buffet had once quoted – “don’t put all your eggs in o...

How to Choose the Best Cryptocurrency Exchange Crypto trading is not as frequent as FX or other derivatives because of its concern with high security of fund and legality. You must be aware of many things when you are thinking to enter into the crypto market. Crypto market provides immense opportunity and similarly, high risk also. Many exchanges provide to buy bitcoin , ethereum, litecoin, and other altcoins, and you need to look at which coins suit your investment requirement with a security guarantee. Below are the essential points which can be helpful while selecting the best  crypto exchange . Security The security is the primary aspect while choosing any exchange as this is the matter of safeguard of money ultimately. If money is lost, then there is no use of having an exchange. Therefore, you need to make sure that the exchange must provide a high level of multi-security to the wallet and other services. Technology You need to check their website if the...

Cryptocurrency trading is carried out across various platforms. As a result, day by day we can see tremendous growth in the volume of these trades. There are several methods to carry out cryptocurrency trading. Various brokers and exchanges are there that offers the facility of leverage in cryptocurrency trading. However, margin trading in cryptocurrency is different from the margin trading of others forex or commodities. In cryptocurrency trading, traders may opt for a loan to fund the initial margin amount. Cryptocurrency is also sometimes called a crypto coin. Some of the popular crypto coins available in the market are  Bitcoin  and Ethereum. Trading is possible with cryptocurrencies in the form of CFDs and futures. Cryptocurrencies can be traded in the form of CFDs, futures or buy to store for a different purpose. Crypto coins trading is of high risk and rewarding nature, therefore examining different techniques to carry out trades can be a better idea. 1.Selection...

How to Use Market Cap & Supply to Determine a Crypto’s True Value Market Cap in Crypto Market cap primarily indicates the total value of coins present in the market and is a crucial factor in determining the ranking of coins in term of worth. The general understanding of the market cap in regards to cryptocurrency indicates the amount of capital invested in a specific cryptocurrency. Multiplying the supply of coin with its price will provide you with the value of the market cap. We get the market cap with the help of the following formula. Market Cap = Price x Circulating Supply There is always a current price for every coin and a definite count in the market that is required to determine the market cap. The value of the coin’s circulating supply is equivalent to the fiat currencies market cap. In an example, if you want to buy Bitcoin with a circulating coin supply of 17,643,562 BTC and a rate of $4,000, the product of both gives a market value of $70574248000. Sup...