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Crypto Like a Wizard Articles, Training & More
Bitcoin for Beginners
Bitcoin came to light around 2008 when an anonymous person put out a white paper describing the asset. In 2009, Bitcoin went live and started being used as a currency across the web while it was still worth next to nothing compared to the US Dollar. There is a true story about a person using 10,000 Bitcoin to purchase a pizza back in those days which would be around 600 million dollars today. learn more
Centralized Finance Vs Decentralized Finance
Over the years since blockchain technology started advancing, the idea of decentralized finance has been introduced. To understand the difference between centralized and decentralized finance, we have to delve deeper into the two different entities. By the end of this article, you should have a good idea about the two and how they differ in the financial world. Centralized finance is how cryptocurrencies were originally bought and sold. learn more
Coinmarketcap For Beginners
What is Coinmarketcap and why is it useful in the cryptocurrency industry? Coinmarketcap.com is a website created to list the prices, market cap, Bitcoin dominance, and other factors involved with the different cryptocurrencies available on the market. Coinmarketcap is the number one resource used by most crypto enthusiasts to research specific coins before investing in them. Market cap is the amount of total money in each particular cryptocurrency. learn more
Crypto Mining for Beginners
As more and more people become interested in cryptocurrencies and the strange world surrounding blockchain technologies, at the core of crypto is mining cryptocurrencies. Throughout this article, I will describe what mining is and how one can start mining cryptocurrencies for long term profit. To understand crypto mining, one must first realize learn more
Cryptocurrency Exchanges 101
Cryptocurrency exchanges are basically online platforms that allow their users to exchange one cryptocurrency for another based on the current market valuations of each cryptocurrency. Some of the most popular cryptocurrency exchanges include Coinbase Pro, Binance, KuCoin, and Kraken. Each particular cryptocurrency exchange has different cryptocurrencies and pairings of cryptocurrencies. learn more
How to Buy, Sell and Trade Cryptocurrencies
Over the years, there have been different ways to buy and sell cryptocurrencies online. The most popular avenue of doing so is using a cryptocurrency exchange. Coinbase, Binance, Kucoin, Crypto.com, and Voyager are some very commonly used exchanges in the world. The easiest way to get started is to just sign up for an exchange that has the particular crypto coin that you want to buy. Most exchanges allow for fiat to cryptocurrency purchases; however, a person usually has to get their identity verified and bank account verified first. learn more
Introduction to Cryptocurrency Wallets
Cryptocurrency wallets are basically software that contains the cryptographic keys to the cryptocurrencies one owns. The way it works is that cryptocurrencies must be stored on a wallet in order to transact on an exchange or simply to be held onto. Without the keys to the wallet, which are usually 10-12 different words in a particular order, one would have no way to access the cryptocurrencies on the wallet. Wallets can either be cold storage or hot storage. learn more
What Exactly Is Blockchain Technology
The world has witnessed the rise in blockchain technology over the past decade with Bitcoin being front and center. In the world of finance, blockchain has become extremely useful for recording transactions, transferring value, and being a distributed database that holds mass amounts of information. But what is it really? It is essentially a network of computers that have ledgers on them that record data and update data simultaneously. learn more
What is Ethereum
Ethereum is a blockchain based software language and platform that accommodates the second largest cryptocurrency in the space, ether. Ethereum is also a payments platform that can transfer value globally without any third-party interference. Today Ethereum's main purpose is value transfer using its native token, ether. It is also open source software, however, on which thousands of other cryptocurrency projects have been built. learn more
WTF are NFT's
NFT's are some of the most popular new cryptocurrency products available at the moment, but what the heck are they? After people heard of the giant $69 million-dollar NFT that was purchased recently, many want to find out what they are and why they can be worth so much. NFT stands for non-fungible token. That doesn't give much context as to what they really are though. learn more