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What are Digital Wallets? How many forms of digital wallets exist?

Digital wallets carry different names such as Cryptocurrency wallets or e-wallets. These are designed to allow the accumulation of their digital currencies to be stored either online or offline for making transactions. Cryptocurrency wallets assist with the storing of payment credentials and passwords to conduct transactions. A digital wallet can take the form of an […]

Few disadvantages of Decentralized Blockchain

Conduct time
Volatility
Storage issues

What are some notable advantages that a decentralized blockchain provides

1. Fraud Prevention
2. Protection from government intervention/meddling
3. Increases financial efficiency
4. Speeds up transaction times
5. Effective store of value

Who are traders?

A trader is an individual who involves him/herself with the procuring and dumping of assets in any financial market. This can be achieved for either him/herself, on behalf of another person, or another institution. The question that may come to many people’s mind is that, then what’s the difference between a trader and investor? The short answer evolves around the duration for which the person holds the assets. Investors have a tendency to look at the bigger picture and look at this as a long-term by which the investor holds an invest until they need the money back they invested. On the other hand, traders tend to hold the asset for a short-term based on the trends.

What are the risks of trading?

A general rule of thumb is the higher the risk the higher the reward. Can this philosophy be considered for all of the time in the financial market? Risks can come in many shapes and forms but what makes trading risky?

By resorting to the definition in the trading world. Risk is the potential that your chosen investment may fail to deliver your expected or perceived outcome. This may result to getting lower returns than expected, or losing the capital invested.

What is Blockchain?

Simple Definition of blockchain and what it is.
On the outer surface layer, Blockchain may seem complicated but the core principles are quite simple. Think of the Blockchain as a database. This database stores data, information in a structured table format to make the life of searching and access to the information easier. Other uses of database will allow for searching, filtering for specific queries.