Advantages Of Cryptocurrencies

Open Systems The most important advantage of cryptocurrencies like Bitcoin is probably the openness with which the system meets its users: In order to use cryptocurrencies, only an appropriate program (the so-called „client“) is required, which must be installed on your own computer.

Disadvantages Of Cryptocurrencies

Dependence on technical aids The use of P2P digital currency is not possible without technical tools, as each transaction requires a computer/smartphone with client software and Internet access installed on it. In addition, the software dependency means that security updates for all clients may become necessary due to errors in the software or the cryptographic […]

Starting With Cryptocurrencies

Prices are rising, the media is hyping and cryptocurrencies are on everyone’s lips. This is why we offer a crash course introduction and instructions below, with which responsible investments in cryptocurrencies can be made as quickly as possible in five steps, without having to deal with the subject too intensively.

How Fibonacci Retracements Work

William Delbert Gann (1878-1955) was probably the first trader to use the Fibonacci numerical ratios. The Fibonacci number sequence is common in nature. Each Fibonacci number is equal to the sum of the two preceding Fibonacci numbers. This series of numbers becomes immensely large in a short time.

Crypto Wallets

In principle, all cryptocurrencies are stored in so-called „wallets“. These can exist on your computer, your phone, a specialized piece of hardware, a piece of paper or simply in your memory – yes, really. In principle, wallets can be compared to traditional wallets or bank accounts: In a sense, they contain the amount of (crypto) […]