The world’s first cryptocurrency was Bitcoin. In October 2008 Satoshi Nakamoto published a white paper online explaining his concept of a decentralised peer-to-peer payment network. Shortly after, in January 2009, Satoshi released the Bitcoin software and mined the first block. The concept of cryptocurrency actually predates Bitcoin by a few decades. There were several efforts […]
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The key arguments in favour of buying cryptocurrency are: Cryptocurrency is still in its infancy. But already it is clear that this development is going to be a monumental revolution in money. Bitcoin, the first cryptocurrency and one that exists in a category of its own, is arguably the hardest money known to man. Monero,
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A crypto bear market is brutal and surviving one is not easy. According to Glassnode, they last anywhere between 227 and 435 days with bitcoin drawdowns of between 75% and 84%. In bear markets altcoins tend to fall even more, often up to 95%. In all other markets, a bear market is normally defined as
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You need a cold storage wallet once you have enough cryptocurrency to make the expense worth it. Cold storage wallets are often several hundred dollars and you will incur a transaction fee when you move coins from the exchange to the cold wallet. Therefore, if you are holding a small amount of crypto, a cold
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