Here are some things to think about before buying cryptocurrencies like Bitcoin. This quick list will help you clear away the hype and consider risks.
A section on cryptocurrency investing and trading tips and tricks designed for novices, but with insights anyone can enjoy.
For informational and educational purposes only.
A basic investment strategy can be phrased as “buy the dips.” This doesn’t mean go all in while an asset’s price is going down, it means average in as it goes down and/or buy after it settles.
Here are some basic tips and tricks for investing in and trading Bitcoin (and other cryptos). We cover how to avoid fees, what orders to use, and more.
We explain how to trade cryptocurrency without paying fees (i.e., how to go from USD to cryptocurrency and back again without paying fees).
Maker and taker fees are two different types of fees that you may be subject to on a cryptocurrency exchange. We explain maker fees vs. taker fees.
Margin trading with cryptocurrency allows users to borrow money against their current funds to trade cryptocurrency “on margin” on an exchange.
The three basic types of trades you’ll do with cryptocurrency are market, limit, and stop orders. We explain each using simple terms.
Cryptocurrency exchanges are online platforms where you can exchange one cryptocurrency for another cryptocurrency (or for fiat currency).
Investing in cryptocurrencies like Bitcoin, Litecoin, and Ethereum is a risky investment. We cover the pros and cons of investing in cryptocurrrency.
In general, one might want to assume the rules of “like-kind property” or “like-kind 1031 exchange” do not apply to cryptocurrency.