The Future of Cryptocurrency 8 Experts Predictions of 2022-2023
The Best Bitcoin Trading Platforms
CoinBase: It is probably one of the most reputed and largest Bitcoin trading exchanges with dual facility trading directly and through the wallet. CoinBase was founded in the year 2012 as through venture finding of Y-Combinator and since then it has rapidly grown.
CEX.IO: One of the oldest and reputed exchanges which was started in 2013, London as Bitcoin Trading exchange and also as cloud mining facilitator. Later its mining power grew such enormously that it held nearly half of the network mining capacities; however, it has been now closed.
Bitfinex: It is one of the most advanced trading exchanges and it particularly suited to the experienced crypto-currency traders. With high liquidity for the Ethereum as well as Bitcoin, this exchange has better options like leveraging, margin funding and multiple order trading. Apart from this Bitfinex offers the features of customizable GUI, many orders types, like limit, stop, trailing stop, market etc.
4 Tips To Help You Enjoy A Successful Crypto Trading Career
1. Know the Risk First
2. Diversify your Investment
3. Be Patient
4. Don’t be Greedy
How To Make Your Own Cryptocurrency In 4 Easy Steps
Step 1 – Community
No, you don’t have to build a community like you do when you plan to rule social media. The game is a little different here. You need to find a community of people that you think would buy your currency.
Step 2 – Code
The second important step is to code. You don’t necessarily have to be a master coder to create your own cryptocurrency. There are plenty of open source codes available out there which you can use.
Step 3 – Miners
The third, and the most important step in the process is to get some miners on board who will actually mine your cryptocurrency.
Step 4 – Marketing
Last thing you need to do as part of the job here is to connect with merchants who will eventually trade the virtual coins that you have built.
In simpler words, you need to market these coins in the battleground where real people would actually be interested to invest in them. And, this by no means is an easy feat.
Cryptocurrency for Beginners
n the early days of its launch in 2009, several thousand bitcoins were used to buy a pizza. Since then, the cryptocurrency’s meteoric rise to US$65,000 in April 2021, after its heart-stopping drop in mid-2018 by about 70 percent to around US$6,000, boggles the mind of many people – cyptocurrency investors, traders or just the plain curious who missed the boat.