There are thousands of cryptocurrencies that you can publicly trade today, as others continue to get into the market. Most of these cryptocurrencies don’t have much trading volume and aren’t well known. Bitcoin (BTC) is the original cryptocurrency. As the first digital coin, bitcoin is also the world’s most popular and valued cryptocurrency in terms of market cap. Other widely […]
Cryptocurrency
Paul Tudor Jones Betting Big on Bitcoin
Paul Tudor Jones is known in the mainstream investing world for his cowboy-style futures trading and for correctly calling the Black Monday market crash in the 1980s. As a result of successfully managing his fund over the last few decades, Jones has a net worth of roughly $5 billion. Now he’s making a big […]
How to Mine Bitcoin Cash For Beginners
In today’s digital era, technology keeps on advancing at a fast pace. That is also a reality in the field of finance. People are continually pursuing new channels of investment. Bitcoin Explained In order to understand how to mine Bitcoin cash, it is pivotal to know the internal functions of this cryptocurrency. Pearl of thought: […]
Ethereum Definition: Day Trading Terminology
Ethereum is one of the world’s most popular cryptocurrency platforms, with a special focus on creating a universal distributed digital system for transactions. Bitcoin Vs Ethereum Ethereum is often touted as an improvement upon the original cryptocurrency, Bitcoin. However, it is more accurate to say that Ethereum is a 2nd generation cryptocurrency with a special […]
Is Cryptocurrency Mining Still Profitable in 2019?
In my last post we discussed turning our day trading desktops into cryptocurrency mining machines. Today I want to discuss something that is probably on everyone’s mind. Is it worth it? Is mining still profitable? I will admit we have seen some serious pull back over the last couple of days, but does that […]
Taking a Position in Crypto Using Your Day Trading Computer?
If you day trade from a desktop computer, you may be able to take a position in the cryptosphere easier than you might think. What I mean by this is you may be sitting on a perfectly capable mining machine with potential of making anywhere from $50 to $200 a month, mining cryptocurrencies. I purchased […]
Bitcoin Breaks Below $10k, Time To Panic?
Bitcoin Breaks Below $10k, Time To Panic? After a heady end to 2017 for Bitcoin, with prices peaking at around $20,000, January of 2018 has been a dismal month. In the first month of 2018 the world’s #1 cryptocurrency has reached new low after new low, most recently dropping below the key psychological level of […]
Facebook To Ban Ads for Cryptocurrency Including Bitcoin
Facebook To Ban Ads for Cryptocurrency Including Bitcoin In a move that seeks to enhance Facebook’s policy against deceptive marketers, the company has announced that it is going to ban all ads promoting cryptocurrencies, including initial coin offerings and bitcoin. Advertisers, including those operating legitimate businesses, will not be able to post ads about bitcoin […]
Fork (Cryptocurrency) Definition: Day Trading Terminology
A fork is a cryptocurrency term that refers to a division of one cryptocurrency format into two or more successor cryptocurrency formats, where one of the successor formats may or may not remain the same as the original. Forks in a cryptocurrency occur when there is a disagreement within the largely decentralized governance of a […]
Altcoin Definition: Daytrading Terminology
Altcoin is a colloquial term used in finance to describe any of Bitcoin’s successor and competitor cryptocurrencies. While there is no hard rule for what defines an altcoin, they generally have the same features as Bitcoin (peer-to-peer exchange, mining, etc), while also purporting to improve on one or more of Bitcoin’s suggested shortcomings. Some examples […]