The NFT market has been growing rapidly, with new creative digital arts and skyrocketing prices. Many people are trying to find the next Crypto Punks, Bored Ape Yacht Club or Azuki before the price becomes too high. Although it is difficult to predict the price of any NFT due to the variety of factors involved, it is possible to predict the minimum price in the near future using … [Read more...]
Games and blockchain
Blockchains have been most successful as a store-of-value, in DeFi applications, speculation, and NFTs. However, certain identity & reputation protocols like ENS are beginning to gain traction as well. With this in mind, many people are wondering what the next big thing for blockchain will be. A lot of people in the crypto community seem to think that gaming is the answer. In this … [Read more...]
CeFi vs DeFi: what you need to know
For decades, the Centralized Finance system, also known as CeFi, has been used all around the world. However, with the evolution of the internet and the rise of web3, a new financial system flourished: DeFi, short for decentralized finance. Only time will tell. The long-term future of DeFi is uncertain. It is possible that DeFi will have a major impact on our daily lives, but it is … [Read more...]
How to Safeguard Your Bitcoins
You worked hard for your Bitcoins. It’s important to keep them safe. A few, simple practices can prevent 95% of Bitcoin losses. Most losses are due to catastrophe, theft, hacking, or technical issues. While no solution can guarantee against loss, there are steps you can take to secure your Bitcoins. Be diligent and protect your Bitcoins with these strategies: Maintain control of your private … [Read more...]
Why You Might Want to Wait Before You Invest in Bitcoins
Holding Bitcoins is a bit like living in the Wild West. You never know what’s going to happen. If you’re interested in speculation, the purchase of Bitcoins may be a good idea. However, there are several reasons why holding Bitcoins can be a mistake. Bitcoins can lose value suddenly, suffer from a lack of governmental oversight, and offer no protection in the case of loss or theft. If you’re … [Read more...]
Common Myths About Cryptocurrencies
As with any other fringe product or service, there are many myths surrounding cryptocurrencies. Cryptocurrencies aren't just for computer geeks and drug dealers trying to avoid the government. Relieving yourself of these myths will permit the formulation of a more accurate opinion. It's easier to make informed decisions when your knowledge is sound. Myths regarding cryptocurrencies … [Read more...]
The Most Important Cryptocurrencies Besides Bitcoin
Everyone has heard of Bitcoin, even if they don't fully understand it. There are numerous other cryptocurrencies besides Bitcoin. According to Wikipedia, there are 19 active cryptocurrencies, and most of these were released in the last couple of years. Coinmarketcap.com lists 100 cryptocurrencies. Many experts believe the numbers will continue to climb. Bitcoin has a considerable head start on … [Read more...]