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Crypto & Forex

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Suba
SubaKnowledge Seeker
Asked: September 15, 2023In: Crypto & Forex

What are the impacts of the Bitcoin halving?

Bitcoin halving is a halving of the rewards received by miners which occurs every 4 years. which started in 2009 and the 4th Bitcoin halving will occur around May 2024. So what impact will the Bitcoin halving have on investors, ...Read more

Bitcoin halving is a halving of the rewards received by miners which occurs every 4 years. which started in 2009 and the 4th Bitcoin halving will occur around May 2024. So what impact will the Bitcoin halving have on investors, miners and trading?

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  1. Light
    Light Trusted Adviser
    Added an answer on August 22, 2024 at 10:00 pm

    For me, this means that when it goes through a halving it is like splitting a pizza, which makes it less available. And every four years, theincentives offered for mining Bitcoin are cut in half. That means tht proportionately fewer Bitcoins are issued into circulation, which means that it becomes mRead more

    For me, this means that when it goes through a halving it is like splitting a pizza, which makes it less available. And every four years, theincentives offered for mining Bitcoin are cut in half. That means tht proportionately fewer Bitcoins are issued into circulation, which means that it becomes more difficult to get your hands on some. And asyou are probably aware, when there is less of something, certain things have a tendency to happen. Prics could go up. But it is not always so  it can also make mining more difficult and influence the entire market for Bitcoins. As for the commercial, just bear in mind: less bitcoin, more demand!

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Ceejay76
Ceejay76Newcomer
Asked: August 29, 2023In: Crypto & Forex

How to start trading on cryptocurrencies?

Trading on cryptocurrencies is very hard for me to understand because I don’t know to trade, how to buy and how to sell. How do newbie like me start trading on cryptocurrencies?

Trading on cryptocurrencies is very hard for me to understand because I don’t know to trade, how to buy and how to sell. How do newbie like me start trading on cryptocurrencies?

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  1. deucher
    deucher Active Contributor
    Added an answer on April 25, 2024 at 10:53 am

    It is really very difficult, so there is no need to rush. First of all, you need to gain knowledge and it's easy in today's world because there are so many free videos now. Also, many exchanges offer demo accounts that you can use for training and in order not to risk real funds. You should still fiRead more

    It is really very difficult, so there is no need to rush. First of all, you need to gain knowledge and it’s easy in today’s world because there are so many free videos now. Also, many exchanges offer demo accounts that you can use for training and in order not to risk real funds. You should still find a community that would help you with simple questions

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Crystal
CrystalKnowledge Seeker
Asked: September 11, 2023In: Crypto & Forex

Has a newbie, how can start cryptocurrency business?

Has a newbie, how can I start cryptocurrency business? To help newbies, what are some easy way to start making money from cryptocurrency business. Explain about some certain crypto currency exchange which a newbie can start trading cryptocurrency and some step to ...Read more

Has a newbie, how can I start cryptocurrency business?

To help newbies, what are some easy way to start making money from cryptocurrency business.

Explain about some certain crypto currency exchange which a newbie can start trading cryptocurrency and some step to follow.

 

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  1. Mich_larry
    Mich_larry Active Contributor
    Added an answer on November 27, 2025 at 4:08 am

    As a newbie, starting a cryptocurrency business requires learning the basics first. Begin by researching crypto markets, blockchain technology, and different coins to understand how they work. Decide which type of business you want—like trading, crypto exchange, mining, or offering related services.Read more

    As a newbie, starting a cryptocurrency business requires learning the basics first. Begin by researching crypto markets, blockchain technology, and different coins to understand how they work. Decide which type of business you want—like trading, crypto exchange, mining, or offering related services. Start small with a secure and legal platform, never investing more than you can afford to lose. Learn about wallets, security measures, and regulations in your country. Building credibility and trust with customers is key, so focus on transparency, safety, and continuous learning. Patience and careful planning are essential before taking bigger steps in the crypto industry.

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Abike
AbikeNewcomer
Asked: February 4, 2026In: Crypto & Forex

How can I start trading

If I want to start trading, what are the requirements?? What are the steps by step process or procedures??

If I want to start trading, what are the requirements?? What are the steps by step process or procedures??

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on March 4, 2026 at 5:12 am

    Prior to beginning to trade, learn first then focus on funding (capitalization). Use either Babypips or Investopedia to learn about price action, support & resistance. Download MetaTrader 5, create a demo account with it, and begin practicing/learning via live charts without risking any money onRead more

    Prior to beginning to trade, learn first then focus on funding (capitalization). Use either Babypips or Investopedia to learn about price action, support & resistance. Download MetaTrader 5, create a demo account with it, and begin practicing/learning via live charts without risking any money on trades! You can sign up for an account with a regulated broker such as Exness or XM and utilize only 1% of your account balance per trade (this is referred to as the “1% rule”).

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[Deleted User]
[Deleted User]
Asked: September 8, 2023In: Crypto & Forex

How to create a cryptocurrency?

Anyone can create & launch their cryptocurrency so many who want to solve a problem look for answers on the internet. However, merely launching a cryptocurrency without aiming to serve a use case is destined to fail in the long ...Read more

Anyone can create & launch their cryptocurrency so many who want to solve a problem look for answers on the internet. However, merely launching a cryptocurrency without aiming to serve a use case is destined to fail in the long term.

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aboy01
aboy01Trusted Adviser
Asked: April 26, 2026In: Crypto & Forex

Can Cryptocurrency Investment be Safe as a Long-Term Trade?

Cryptocurrency can offer high returns over time, but it is also highly volatile and unpredictable. Prices can rise or fall sharply within a short period, which makes it risky compared to traditional investments like stocks or real estate. Can it be ...Read more

Cryptocurrency can offer high returns over time, but it is also highly volatile and unpredictable. Prices can rise or fall sharply within a short period, which makes it risky compared to traditional investments like stocks or real estate.

Can it be still safe as long time trading?

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deucher
deucherActive Contributor
Asked: August 8, 2023In: Crypto & Forex

Do You trust Tether (USDT) Stablecoin?

I’m in crypo world since 2021 only and since then I’ve noticed a lot of folks talking about Tether as being a potentional scam that may crash the markets one day and I’ve watched videos from crypto detectives/scam busters such ...Read more

I’m in crypo world since 2021 only and since then I’ve noticed a lot of folks talking about Tether as being a potentional scam that may crash the markets one day and I’ve watched videos from crypto detectives/scam busters such as Coffeezilla and he makes some pretty fair points about Tether being the cryptos biggest scam.

I wanna personally know from people who have been in crypto for little longer than I have and maybe know a few things more or could share their personal view on Tether.

My side question to this would also be: Which type of stablecoin do You find the most credible in the Crypto space?

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  1. Svishok
    Svishok Expert Mind
    Added an answer on August 13, 2023 at 9:38 am

    Tether (USDT) has faced skepticism due to concerns about its fully-backed reserve of USD. While it remains widely used as a stablecoin for trading and liquidity purposes, its lack of regular and comprehensive audits has led to doubts about its transparency and trustworthiness. Investors should exercRead more

    Tether (USDT) has faced skepticism due to concerns about its fully-backed reserve of USD. While it remains widely used as a stablecoin for trading and liquidity purposes, its lack of regular and comprehensive audits has led to doubts about its transparency and trustworthiness. Investors should exercise caution and consider alternative stablecoins with better transparency and auditing practices to reduce potential risks.

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Mika
MikaExpert Mind
Asked: August 27, 2023In: Crypto & Forex

What are the top 5 crypto desktop walltet?

I have been using Exodus, a desktop wallet for a couple of years. I would like to know about other crypto desktop wallets. What oiptions doi I have for desktop wallets?

I have been using Exodus, a desktop wallet for a couple of years. I would like to know about other crypto desktop wallets. What oiptions doi I have for desktop wallets?

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  1. yusra
    yusra Trusted Adviser
    Added an answer on August 27, 2023 at 2:07 am

    Here are 5 of the top cryptocurrency desktop wallets: Exodus - User-friendly multi-currency wallet with built-in exchange features. Supports 100+ assets. Good for beginners. Atomic Wallet - Secure wallet supporting 500+ cryptocurrencies. Allows for atomic swaps between assets. Customizable interfaceRead more

    Here are 5 of the top cryptocurrency desktop wallets:

    1. Exodus – User-friendly multi-currency wallet with built-in exchange features. Supports 100+ assets. Good for beginners.
    2. Atomic Wallet – Secure wallet supporting 500+ cryptocurrencies. Allows for atomic swaps between assets. Customizable interface.
    3. Electrum – Long-standing Bitcoin wallet. Provides enhanced security through cold storage integration. Open source software.
    4. Wasabi – Privacy-focused Bitcoin wallet with built-in CoinJoin for anonymity. Advanced security features.
    5. Jaxx Liberty – Supports 80+ cryptocurrencies. Intuitive design with cross-device synchronization. Backed by Decentral.

    Other notable mentions:

    • Ledger Live – Integrates with Ledger’s hardware wallets. Multi-coin support. Robust security.
    • Coinomi – Multi-asset wallet with exchange capabilities. Highly customizable. Strong security.
    • Edge – Supports multiple assets. Emphasizes privacy and security. User-friendly UX.

    The top features to evaluate are security, privacy, variety of supported assets, simplicity of use, flexibility and customizability. Ultimately the ideal wallet depends on individual needs and preferences. Testing different wallets is advisable to determine the best fit.

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eldavis
eldavisEnlightened Mentor
Asked: May 14, 2026In: Crypto & Forex

What are the different types of forex market?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 17, 2026 at 7:43 am

    The foreign currency exchange markets can be subdivided based on the time of execution of trades.1. The Spot (Cash) Market is simply the forex market at this time. It is the most often used type of forex market and allows immediate purchase of currencies at their respective current market prices.2.Read more

    The foreign currency exchange markets can be subdivided based on the time of execution of trades.

    1. The Spot (Cash) Market is simply the forex market at this time. It is the most often used type of forex market and allows immediate purchase of currencies at their respective current market prices.

    2. The Forward Market is comprised of trades executed through private contracts where the buyer and seller agree to future purchases of the same currency at a pre-determined price.

    3. Similar to the Forward Market, the Futures Market allows for the same type of trading but provides a standardized contract for executing trades. These contracts are traded on various structured exchanges and are subject to regulation.

    4. The Options Market allows for the sale of currencies but provides no obligation for the buyer to purchase the currency. Therefore, it provides no future risk of price fluctuation to the buyer, which makes this type of market very desirable.

    Each of these types of forex markets provides a different way for businesses, banks, investors and traders to benefit from currency price variations, and thereby provide a method for managing and/or mitigating their foreign exchange exposure.

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Suba
SubaKnowledge Seeker
Asked: September 11, 2023In: Crypto & Forex

How Do You Hold Cryptocurrency?

Investors often consider the term hodling to be a crypto investment strategy for making capital gains, namely buying crypto at a low price and selling at an increased price. Even though the process seems simple, in practice hodling is often ...Read more

Investors often consider the term hodling to be a crypto investment strategy for making capital gains, namely buying crypto at a low price and selling at an increased price. Even though the process seems simple, in practice hodling is often ignored by the investors themselves, resulting in a golden opportunity being missed.

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  1. deucher
    deucher Active Contributor
    Added an answer on September 11, 2023 at 12:53 pm

    Even in my strategy, I don't follow the tactic of buying cheap and then selling high because, firstly, I know that cryptocurrencies will eventually rise in price much more, and secondly, I invest in the long term, 10 years or more, so this strategy makes no sense, and I try to invest all the assetsRead more

    Even in my strategy, I don’t follow the tactic of buying cheap and then selling high because, firstly, I know that cryptocurrencies will eventually rise in price much more, and secondly, I invest in the long term, 10 years or more, so this strategy makes no sense, and I try to invest all the assets I buy at interest, which will eventually give me even more results than I expect. And I would recommend it to beginners because many people take a long time to decide which cryptocurrency to buy and when, and it takes time

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