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FAQs About White Paper In Cryptocurrency

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 What is a white paper in cryptocurrency? Whether you're new to Cryptocurrency or not, you've probably heard the term 'white paper' so what exactly is it all about, who even brought about such a name, isn't it the longest article of any crypto projects?  Well, In the blockchain space, a whitepaper is a document that helps outline the main features and technical specifications of a specific cryptocurrency or blockchain project. What should I look for in a crypto white paper? A good cryptocurrency white paper should explain how the technology will work. By the end of the white paper if you can't articulate what problem the project solves and how it does so, then the white paper did a poor job. In fact, a well-articulated white paper is a sign of a well-thought out project. Does every crypto have a white paper? Although writing a whitepaper is not necessary for every company that intends to launch a cryptocurrency, a whitepaper gives a sense of professionalism and ...
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FAQs concerning Coin Market Cap🥵

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  CoinMarketCap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions. How does CoinMarketCap make money? CoinMarketCap makes money from subscription fees for its API, job listing fees, referral fees, as well as through advertising. Founded in 2013, CoinMarketCap has become the world's leading cryptocurrency price tracking platform. It was acquired by Binance in March 2020 for $400 million. Can I trust CoinMarketCap? While some users report a positive experience using CoinMarketCap, according to many of the 286 customer reviews on trustpilot.com which only averaged 1.4 out of 5 stars, CoinMarketCap is seen as one of the least trustworthy crypto listing services in the industry. Can I trade with CoinMarketCap? No, you can not trade ...
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Initial coin offering (ICO) WHAT YOU NEED TO KNOW!!!

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 What Is an Initial Coin Offering (ICO)?  An initial coin offering (ICO) is the cryptocurrency industry's equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO as a way to raise funds. Purpose ICOs are another form of cryptocurrency that businesses use in order to raise capital. Through ICO trading platforms, investors receive unique cryptocurrency “tokens” in exchange for their monetary investment in the business. Types The two types of initial coin offerings are listed below: Private ICO. In private initial coin offerings, only a limited number of investors can participate in the process. ... Public ICOs. Public initial coin offerings are a form of crowdfunding that targets the general public. Advantages Below are some of the many advantages of initial coin offerings: Anyone Can Buy Tokens. Tokens Are Sold Globally. Token Economy Liquidity Premium. Less Barrier to Entry. The Business Model Tha...
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LIQUIDITY POOL IN DeFi

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 A liquidity pool is a collection of digital assets accumulated to enable trading on a decentralized exchange (DEX). How do liquidity pools make money? Some liquidity pools have bigger rewards than others. By participating in them, a trader can receive more LP tokens, trading fees, and crypto assets. This optimized method of trading is liquidity mining. This is when a trader makes the maximum possible profit on in-pool fees. Can you lose coins in a liquidity pool? When does impermanent loss happen? Impermanent loss happens when the price of a token changes relative to its pair, between the time you deposit it in a liquidity pool and when you withdraw it. Think of it as primarily an unrealized opportunity cost. Liquidity pools are used to facilitate decentralized trading, lending, and many more functions we’ll explore later. Liquidity pools are the backbone of many decentralized exchanges (DEX), such as Uniswap. Users called liquidity providers (LP) add an equal value of two tokens ...
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Everything about TA(Technical Analysis)

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 What Is Technical Analysis?  Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. What is technical analysis example? By analyzing historical data, technical analysts use indicators to predict future price movements. Examples of common technical indicators include the Relative Strength Index (RSI), Money Flow Index (MFI), stochastics, moving average convergence divergence (MACD), and Bollinger Bands®. Types of Technical Analysis The two major types of technical analysis are chart patterns and technical (statistical) indicators. Chart patterns are a subjective form of technical analysis where technicians attempt to identify areas of support and resistance on a chart by looking at specific patterns. What is the purpose of technical analysis? Technical analysis seeks to predict price movements by examining historical data, m...
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DEGEN TRADING

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What is Degen? Shorthand for Degenerate. Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps. A Degen Trader does not know about metrics like FDV or TVL nor do they care. They will buy because the asset logo looks cute, or because the slogan is memeable, or because some twit-famous anime girl on the internet says she's looking into crypto and the first two shill comments gets more likes than others.  Essentially, a degen trader buys into an asset not because they see value, rather they do so with the belief that others will join in after them and speculate on the price swings. This is for high risk crypto traders making money from"Shazam-shazam"😅 How does Degen work? Almost all degen yield farms create a new token to give out, this is called their farm token. This token has no real value, but the people who start the yield farm will put up an initial deposit of money. This money is added to ...
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Altcoins EXPLAINED FROM SCRATCH

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 What are Altcoins? Altcoins are generally defined as all cryptocurrencies other than Bitcoin (BTC). However, some people consider altcoins to be all crytocurrencies other than Bitcoin and Ethereum (ETH) because most cryptocurrencies are forked from one of the two. Some altcoins use different consensus mechanisms to validate transactions and open new blocks, or attempt to distinguish themselves from Bitcoin and Ethereum by providing new or additional capabilities or purposes. Ether is another altcoin. However, it did not fork from Bitcoin. It was designed by Vitalik Buterin, Dr. Gavin Wood, and a few others to support Ethereum, the world’s largest blockchain-based scalable virtual machine. Ether (ETH) is used to pay network participants for the transaction validation work their machines do. Types of Altcoins Altcoins come in various flavors and categories: Stablecoins Payment Token Governance Tokens Meme Coins Utility Tokens Security Tokens Pros and Cons of Altcoins Pros Improve up...
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