Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
AREWA CRYPTO
--
Bullish
Follow
BullRun, we are ready please. . .
Give a Tip
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
357
0
Replies
1
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
AREWA CRYPTO
@AREWA_CRYPTO
Follow
Explore More From Creator
Who is a bagholder? A bagholder is a person who holds onto cryptocurrency despite a significant drop in its value. Bagholders often continue to hold their coins, hoping for a price recovery, even when other investors have already sold and realized their losses. Reasons why people become bagholders: 🔵 Some bagholders believe in the long-term success of the project and its fundamental value. 🔵 After holding onto cryptocurrency for a long time, people may develop an emotional attachment to their investments. 🔵 Admitting losses can be psychologically difficult, and bagholders may prefer to hold onto their coins in the hope of growth. 🔵 Some bagholders may not have the time or desire to actively manage their investments. Risks for bagholders: 🔵 Holding onto cryptocurrency whose price continues to fall can lead to significant financial losses. 🔵 While bagholders keep their coins, they might miss out on other investment opportunities. 🔵 Watching the constant decline in the value of their assets can cause stress and anxiety.
--
Who is a no-coiner? A no-coiner is a person who does not own any cryptocurrency. In the cryptocurrency community, this term is often used to refer to those who have not yet invested in cryptocurrencies or avoid them for various reasons, such as: 🔵 Lack of trust: Lack of faith in cryptocurrencies as a reliable store of value. 🔵 Lack of knowledge: Lack of understanding of the technologies and mechanisms behind cryptocurrencies. 🔵 Risk: Concerns about the high volatility and risks associated with investing in cryptocurrencies. 🔵 Interest: Lack of interest in digital currencies and investing in them. The term is sometimes used in a humorous or ironic context, especially among those who are actively involved in cryptocurrencies.
--
What is Instamine? Instamine is the process where a significant amount of cryptocurrency is mined in the first days or even hours after the launch of a new cryptocurrency network. This term often has a negative connotation and is associated with the uneven distribution of coins among early participants, which can lead to market manipulation and reduced trust in the project. Key Characteristics: 🔵 A significant amount of cryptocurrency is mined in the first hours or days after the network launch, often before most users know about the launch. 🔵 A large portion of the coins ends up with a limited number of participants, which can lead to price manipulation and concentration of power. 🔵 The community may perceive instamine as a scam, leading to criticism and difficulties in project adoption. Prevention Methods: 🔵 Announce the exact launch time of the network and provide equal access for all participants. 🔵 Implement mechanisms that ensure an even distribution of coins among participants in the early stages. 🔵 Provide advance notice to the community about the planned network launch so that everyone can prepare.
--
DCA Strategy: Optimal investment in crypto Today's topic is the dollar-cost averaging (DCA) strategy. You will learn about its pros and cons, as well as where and how to use it. DCA is a strategy in which an investor regularly invests in an asset, regardless of its price. This helps reduce the impact of volatility on the overall outcome. Advantages of DCA: – Minimal impact of market fluctuations on your portfolio. – Consistent investment without the need to time the market. Risks of DCA: – No guarantee of 100% profit. – Losses are possible. How to DCA on a CEX Centralized exchanges (Binance, Bybit, and OKX) have convenient tools for automating the DCA strategy. – Find the "Auto-Invest" feature on the exchange. – Choose the asset and set the amount for regular purchases. – Define the investment interval. The advantages include easy setup and support for a large number of cryptocurrencies. However, KYC requirements and exchange fees may deter some users. How to DCA on a DEX Some decentralized exchanges, such as DeFi Saver on the Ethereum network, support this strategy. – Connect your wallet to the DEX. – Choose investment parameters (asset, amount, frequency). In this case, you will have full control over your assets. It's anonymous, and KYC is not required. However, liquidity issues may arise with large purchases. In conclusion DCA is a good strategy if you want to invest regularly with minimal risks and volatility.
--
What is a DEX? Differences between DEXs and CEXs Today, we will delve into one of the key topics in Web3 and determine which trading platforms are better to use. DEX (decentralized exchange) – platforms for cryptocurrency exchange that operate on blockchains and do not require the involvement of a third party to conduct transactions. CEXs (centralized exchanges) were discussed in this post Examples of DEXs: – STON.fi, DeDust (on the TON blockchain) – Uniswap, SushiSwap (on Ethereum, BSC, and others) Differences between DEXs and CEXs: 1. Centralization vs. decentralization – CEX: Controlled by a single organization that oversees all operations and holds users’ funds. – DEX: Operates based on smart contracts that automatically execute operations without intermediaries. 2. Privacy and anonymity – CEX: Require Know Your Customer (KYC) procedures (identity verification). – DEX: Typically, does not require KYC, allowing for anonymity. 3. Asset control – CEX: Users entrust their funds to the exchange, which is risky. There have been cases of hacks and bankruptcies—e.g., the former major exchange FTX. – DEX: Users hold funds in their own wallets, trade directly, and maintain full control. 4. Fees and speed – CEX: Lower fees and high transaction speeds due to centralized infrastructure. – DEX: Fees are usually higher (depending on the blockchain); transaction speed depends on network capacity. 5. Tokens – CEX: Strict listing procedures limit the tokens available for trading. – DEX: Ability to trade any tokens available on the blockchain. Conclusions DEXs provide more freedom and asset control, reducing the risks associated with centralized structures; however, they have their drawbacks: high fees and sometimes slower transaction speeds. It all depends on your needs and preferences. We recommend combining DEX and CEX platforms.
--
Latest News
Tether Treasury Mints 1 Billion USDT On Ethereum
--
Study Reveals Health Risks Of Prolonged Standing At Work
--
Ethereum(ETH) Surpasses 3,100 USDT with a 5.12% Increase in 24 Hours
--
OpenAI Faces Departure Of Key Safety Researcher
--
Ethereum(ETH) Drops Below 3,000 USDT with a Narrowed 3.68% Increase in 24 Hours
--
View More
Trending Articles
SHIBA INU: COINBASE COUNTDOWN—72 HOURS LEFT! 🚨 Shiba Inu ($
FaRan94
How to Dodge Liquidation and Stay Profitable in Futures Trading 💰
Amina Chattha
🚨 BREAKING: SEC Drops Charges Against Ripple CEO Garlinghou
Crypto Journey1
Bitcoin Trading Made Easy: Where To Buy & Where To Sell!
Diganta
$HMSTR Prepare Yourself for a Massive Price Correction!
DiGiTaL_aNGEL
View More
Sitemap
Cookie Preferences
Platform T&Cs