The Importance Of Learning The Crypto Market

Financial knowledge is power. People used to talk of dreams of hitting the lottery to get rich. Now, people invest in hopes of an explosion in the market.

Unfortunately, that’s not good enough. Once you begin to actually take the time to learn about how to follow the crypto market, diversifying your funds, and various options to grow your wealth value, that is when you will start winning with your investments.

Article By EarthyRealist.com – #CryptoCannabisCulture


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Crypto.com Adds New Leveraged Pairs To Their Exchange

Access up to 3x leverage for supported trading pairs.

Today Crypto.com announced that Margin Trading on their exchange now supports 4 new leveraged pairs, namely SOL/BTC, HOT/USDT, EFI/USDT, and CELR/USDT.

Margin Trading allows users to amplify their trading profits through borrowed funds during both up and down market movements, and access up to 3x leverage for supported trading pairs. The Crypto.com Coin (CRO) powers Margin Trading with additional utility, offering preferential interest rates—as low as 0.008% per day—to users who stake CRO.


Supported Leveraged Pairs:

USDT
BTC/USD
TETH/USD
TCRO/USDT
ADA/USDT
VET/USDT
DOGE/USDT
DOT/USDT
UNI/USDT
LINK/USDT
ENJ/USDT
YFI/USDT
1INCH/USDT
MATIC/USDT
LTC/USDT
KSM/USDT
ALGO/USDT
EGLD/USDT
SHIB/USDT
CHZ/USDT
PAXG/USDT
AXS/USDT
SLP/USDT
BOSON/USDT
LUNA/USDT
RLY/USDT
BCH/USDT
SUSHI/USDT 
THETA/USDT
 XLM/USDT
ATOM/USDT
AMP/USDT
SOL/USDT
FIL/USDT
SAND/USDT
IQ/USDT
AAVE/USDT
EOS/USDT
HOT/USDT 
EFI/USDT
CELR/USDT

BTC
ETH/BTC
DOGE/BTC
VET/BTC
ADA/BTC
CRO/BTC
DOT/BTC
XLM/BTC
LINK/BTC
LTC/BTC
SOL/BTC

USDC
BTC/USDC
ETH/USDC
DOT/USDC
VET/USDC
ADA/USDC


Crypto.com offers a variety of products: the wallet, Metal Visa cashback cards, crypto dividends, credit for instant crypto loans, and investment and payment options. 

Get $25 USD in CRO locked in your CRO wallet when you complete registration using our referral link. You can also enter our promo code “yex46z9whq“.

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Dollar Cost-Averaging (DCA) Explained By Team Professor

Team Professor is a group of traders with a strong belief in digital currency. A concentrated group of cryptocurrency professionals, traders, and blockchain enthusiasts from a vast range of backgrounds. Their team strives to educate each one of their clients on fundamental and technical analysis, as well as price action.

The Importance Of DCA

Dollar-cost averaging, or DCA, is a great way to get you to invest in a market as volatile as crypto. As a newbie to investing, the term was completely foreign to me, but it turned out to be very useful. 

The process is simple. Let’s say you have a fixed amount of fiat (let’s say $200) that you would like to invest in Ethereum (ETH). Instead of putting $200 in ETH in a single order, DCA it, by splitting the $200 in smaller investments over a certain period of time. This can be done at regular time intervals or regular price intervals.

For example, if the price of ETH was $2,000 at the time, you wish to invest in it. you can say, “Ok, I will invest $20 every week”. 

As an alternative, if you want to support your portfolio in a bear market, you can say, “OK, OK, so I’m going to put a limit order for $50 ETH at every $50 price intervals.” For example, $50 ETH at 2000, $50 ETH at 1950, $50 ETH at 1900 and $50 ETH at 1850. In this situation, one might ask the question “If I’m going to buy ETH for $1900. why should I buy it at a higher price when I can just sit back and wait for it to go lower?” The answer to this can be seen in the DCA ratio.

It is impossible to accurately predict how the market will perform. Yes, Technical Analysis and Fundamental Analysis can be a great resource to use when deciding on investments and trends, but in the short term, the market can be volatile and difficult to predict. you don’t know when the price will reach the desired level of $1900. It may drop to $1950 then bounce back up or never break $2000.

DCA eliminates the need to ‘time the market’ and helps you reduce the normal costs you pay for a certain period of time. It’s a great way to invest, and if done right, it will bring you good returns!

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Article By Team Professor


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TikTok Partners With Audius And Decentralized Token Surges to $1B Market Cap

Audius has successfully secured its partnership with TikTok to stream music via the platform and be used for videos, being a massive win for the company. The decentralized music service has also grown its token to as much as $1 billion in market cap, giving it a massive high for this week. 

The decentralized music streaming service is one of the pioneers of this kind of music distribution, having indie and upcoming artists get featured in the app. The company has based itself on tokens or cryptocurrency, which is what most startups are going now, being popular with NFT games and the like.

Audius and TikTok

Audius and TikTok secures deal for a decentralized music service known as “TikTok Sounds,” bringing the market cap of the company to $1 billion.

Rolling Stone has received a statement from Audius executives that it has already secured its partnership with TikTok, the popular short video sharing application, for its music sources.

Audius is the first service to have a partnership with TikTok, and it is something which is a massive thing for users and the business as it did not partner with the likes of Spotify, YouTube Music, and Apple Music.

The startup coin’s music streaming would be labeled as “TikTok Sounds” in the platform and would be called that way when users search for it when editing their videos. TikTok would have a hand with gathering music and having its licenses granted to them for use in the short video platform, as users edit their content.

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Article Source: Tech Times


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What Is A Cryptocurrency Exchange And How Do They Work?

Cryptocurrency exchanges are online platforms in which you are able to exchange one kind of digital assets for another based on the market value of the given assets. A usual cryptocurrency exchange works 24/7, that is, it never closes. Making it more alluring to new and old investors.

An exchange performs as the liaison between a seller and a buyer or, to use cryptocurrency terminology, between a “maker” and a “taker.”

The top cryptocurrency exchanges make it straightforward to buy and sell the currencies you want with low fees and strong security platforms.

Best Crypto Exchanges of 2021

  • Best Overall: Coinbase and Coinbase Pro; Binance
  • Best for Beginners: Coinbase, Cash App
  • Best Decentralized Exchange: Bisq

Here’s What To Look For When Selecting An Exchange:

1. Research The Exchange’s Validity And Security

Careful research will assist you with selecting a secure and valid exchange platform. There are many scam exchanges that not only endanger investors to fraud, but additionally end up swindling new and less knowledgeable investors. Before settling on an exchange, find out if it can protect you from fraud.

2. Compare The Fee Structures

Cryptocurrency exchanges have various fee structures and transaction fees. Many people ignore this fact and end up selecting exchanges with elevated transaction fees, not realizing that they could have used a competitive exchange that offers reduced fees. An exchange that has tokens regularly has fewer transaction fees than those without.

4. Purchase Processes

Cryptocurrency purchase means differ based on exchanges. There are certain platforms which stipulate that investors to use ACH (bank) transfers or PayPal, whereas there are others that take debit and credit cards. While deciding on an exchange, look into how much time it requires to carry out your buy. There are some exchanges which processes trades instantaneously, while others can take anywhere from days to weeks.

5. Trader Experience

User friendliness for traders creates the best experience. When starting to trade cryptocurrency an exchanges operation system is a key element to take into consideration. Platforms with good trader ratings typically are higher when they have a system that is direct and easy to follow or learn. These exchanges attain the most growth in transaction volumes, making their market value higher. Some platforms provide traders with vaulting options, staking, and/or give out free tokens.

Types of Crypto Exchanges

To choose the best exchange for your needs, it is important to fully understand the types of exchanges.

Centralized Exchange

The first and most common type of exchange is the centralized exchange. Well known exchanges that are in this category are: Coinbase, Binance, Kraken, and Gemini. They are private companies which provide platforms to trade cryptocurrency. These exchanges require Know Your Customer (or Know Your Client) registration and proof of identification.

Coinbase, Binance, Kraken, and Gemini each have enthusiastic trading, superior volumes, and liquidity. Centralized exchanges operate on their own private servers.

These popular centralized exchanges are known for being the simplest starter places for new traders. On their websites they state that the provide some degree of insurance if their platforms are ever compromised. When cryptocurrency is purchased on these exchanges, it is stored within their custodial wallets but you can always transfer to your own.

It is suggested to withdraw any large sums and practice safe storage since the insurance that is provided is only valid if the exchange itself is at fault.

Decentralized Exchange

A decentralized exchange does not have central point of control. Working in the same manner that Bitcoin does. Think of it was multiple computers connected and if one of these computers turns off, it does not disturb the network.

A system that is extended and decentralized in this way is drastically more difficult to attack.

These forms of exchanges cannot be subordinate to the policies of any one governing organization, since no individual person or alliance is operating the structure. Members come and go, meaning that those trading on the exchange do not need to provide their identification with the option to use the platform (legal or not) in whichever method they decide on.

Article By K. Crystal Carter


Below Are Some Ways To Get Started With Crypto Today:

Start investing today with Coinbase.com and receive $10 in Bitcoin through our referral when you buy or sell $100 or more.

Get Free Built-in Trading Bots Only on Pionex. Claim your grid bot for free:
https://www.pionex.com/offers/#/w/grid/4Re8APZH?lang=en-US

Open a Crypto.com account and get $25 USD in CRO locked in your CRO wallet when you complete registration using our referral link.

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