A rug pull scam is a type of fraudulent scheme that is commonly used in the world of cryptocurrency. In this scam, a group or a single individual will create a new cryptocurrency or token and promote it heavily as a promising investment opportunity. They will often use tactics such as fake news articles, celebrity … Read more
The global economy is facing uncertain times, with many experts predicting a potential recession on the horizon. As an investor, it’s important to approach this potential downturn with caution and strategy. Here are five tips to help you navigate the market and make smart investment decisions during a global recession. Diversify your portfolio. One of … Read more
Crypto derivatives are financial instruments that are derived from or based on underlying cryptocurrencies. These derivatives allow investors to wage and stake on the future price of cryptocurrencies without owning the underlying asset. Crypto derivatives have grown in popularity in recent years, as they provide investors with additional ways to gain exposure to the volatile … Read more
When investing in cryptocurrencies, it is recommended for investors to implement a risk management strategy when investing in the volatile asset class. Common strategies include adopting a more diversified approach by spreading the investment over time in multiple purchases, such as Dollar-Cost Averaging (DCA) or Value Averaging (VA), instead of simply investing the funds all … Read more
With cryptocurrencies becoming an attractive investment option due to their volatility, many investing services are launched to take advantage of their mainstream popularity. People have the flexibility to choose the platforms and exchanges that are desired to trade crypto at their convenience 24/7. With so much noise about crypto out there, sometimes it may get … Read more
Cryptocurrencies have experienced explosive growth in popularity since its introduction to the world in 2009. Even with its immense popularity among institutional and retail investors, the world is still exploring the limits of its utility and adoption. While the information on cryptocurrency can be found all over the Internet, there are also many myths and … Read more
Thanks to influential people from Elon Musk (CEO of Tesla) to beauty creator and entrepreneur Michelle Phan, the hype and mainstream appeal surrounding Web 3.0 and crypto is undeniable. Some of us might want to capitalize on the innovation of blockchain technology by venturing into this industry. Having a career in the crypto world will … Read more
With the rise in popularity of digital assets, investors are turning to cryptocurrencies in an attempt to cash in on the price volatility and rapid adoption of the technology. However, as cryptocurrencies become mainstream, there is a lower barrier to entry into this space for inexperienced investors. Many of these investors are at risk of … Read more
Vitalik Buterin, the founder of Ethereum, has recently replied to a crypto investor who tweeted his disappointment about crypto on Twitter. Since the collapse of FTX and the resulting contagion that has claimed BlockFi, a crypto exchange, the crypto industry has been surrounded by negativity and a loss of confidence. Buterin left a message to … Read more
With the rapid rise in the popularity of cryptocurrencies in recent years, many are turning to these digital assets as a path to wealth and financial freedom. However, scammers are taking advantage of the influx of new people coming into the space, with $14 billion in cryptocurrency lost or affected by scams in 2021 alone. … Read more