As any seasoned trader can tell you, profiting from trading is hard, really hard. Fortunately, for those willing to give it a shot, CEX.IO blog offers quite a bit of free information. From futures to automated trading bots, there certainly is plenty to learn before risking a large investment when trading cryptocurrencies (or any asset for that matter). These few useful trading-related articles should help anyone who wants to attempt at day-trade for profit.
With the new year quickly approaching, it is time to take a look at a few of the many altcoins that were developed over the past year. As most cryptocurrency fanatics have noticed, the development of altcoins has slowed down quite a bit over the past few months, and the coins developed throughout 2014 may very well be some of the last altcoins developed.
Fibre is a currency that uses the unique NIST5 mining algorithm.
With the holidays quickly approaching many Bitcoin and digital currency enthusiasts and supporters are looking for new places to use their new age currency. Fortunately, there is a rapidly growing number of businesses that accept Bitcoin and other digital currencies for their products (Read: 10 Presents You Can Buy with Bitcoin). So if you missed Bitcoin black Friday or just still have a few people on your list to shop for, read on for some of the top Bitcoin accepting merchants.
While production of new altcoins seems to have slowed down quite a bit since the recent Bitcoin sidechain announcement, there are still a few good-looking coins around with potentially bright futures. With their strong development teams, the following three coins are likely to be around for years to come. So, if you’ve been thinking about solid new altcoins to read up on, the following ones are certainly worth looking into.
Greenbacks is a 100% proof-of-stake cryptocurrency which pays a generous 10% interest rate and offers 20 million coins to start with.
There has been a multitude of new companies on the Bitcoin scene over the last few years, a few of which have done nothing but tarnish the cryptocurrency image. Still it seems as though Bitcoin is holding strong with generous support from its growing number of users and a strong development team. There has even been criticism from digital payment processors about Bitcoin, which may mean that these large corporations are starting to fear the true digital currency.
If you are new to Bitcoin and cryptocurrency, you might be wondering where to start. Fortunately, there is a plethora of information available. Bitcoin beginner information is available in the form of courses, videos, and books, made just for the newbies looking to obtain some basic knowledge about the new technology. So which approach is right for you? Just read on for a brief description of some of the most popular and helpful resources for Bitcoin beginners.
Mining is the process by which transactions are added to and confirmed on the blockchain; it also adds fresh coins to the supply as compensation for running the energy-intensive mining hardware.
People mine cryptocurrencies with graphics cards or special ASIC (application-specific integrated circuit) units; however, some coins can only be mined with a PC processor. Miners can mine most coins solo or in a pool. A pool is a team of miners working together to solve a block; the reward is then distributed to the miners based on the number of shares each miner contributed.
As any day trader will tell you, whether you’re trading stocks or cryptocurrencies, there is risk involved. Meticulous management of this risk is how day traders are able to profit on a consistent basis, and while all traders have their own preferred strategies for trading and managing risks, there are a few basics that should always be kept in mind.
1. The first and most important thing to remember is that in order for someone to win, someone else has to lose, and for this reason one should never invest more than they can afford to lose.