The cryptocurrency boom has begun, and the world has moved on from bitcoin to other crypto coins like litecoin, and talk of getting into the cryptocurrency world abounds. One part of this world is mining. This is the way to get your own cryptocurrency instead of trading for it on the market. Mining not only increases the amount of cryptocurrencies, but it also secures the whole blockchain network. If you are new to mining, you’ll want to set up … [Read more...]
Price action basically refers to anything relating to an asset's price. Obviously, that is a pretty big definition, and in practice price action is a fluid, dynamic, and somewhat subjective term. There are many useful terms for measuring and studying price action, so let's dig in. For example candlestick charts are great charts for understanding price action. A candle stick chart will tell you whether a stock gained or lost value. It will also … [Read more...]
If you're interested in investing, you've most likely heard about “compound returns”. Compound returns are one of the most important topics, and one that all investors should be aware of. In a world filled with inflation, compound returns will help you protect and increase your wealth. Compound returns refer to the cumulative effects of gains or losses over a defined period of time. (Often, investors calculate returns on an annual basis). To … [Read more...]
Are you new to investing, or looking to explore more advanced investing options? Investing seems pretty straight forward. You buy an asset and hope that the price of that asset rises. In the modern financial world, however, there are a lot of nuances to investing. Margin accounts, for example, have emerged as a way for both investors and brokerage firms to earn some extra money. So what is margin trading? The buying on margin definition … [Read more...]
If you've been researching the investment market then you have probably noticed that a lot of people are referred to as “traders.” So who are these people, and what do they do? Well, if you guessed that traders trade, then you guessed right. But what does that mean? In the past, traders were often intrepid entrepreneurs who would set off for far away lands. For example, spice traders in Europe would trek literally across the known world, … [Read more...]