Stablecoins are a special type of cryptocurrency that aim to maintain a stable value, usually tied to the price of traditional assets such as fiat currencies (e.g. the US dollar), commodities (gold), or even other cryptocurrencies. Stablecoins aim to combine the stability of traditional assets with the benefits of cryptocurrencies such as decentralization and instant transactions.
Let's talk about FDUSD? What projects and prospects?🤔
FDUSD (First Digital USD) is a stablecoin issued by First Digital Trust, pegged to the US dollar. Its main goal is to provide users with a digital asset that maintains a stable value and can be used in various transactions, including on cryptocurrency exchanges and in decentralized finance (DeFi).
Any exchange client can earn in several ways, depending on their knowledge, strategy and risk level. Here are the main methods how an exchange client can earn income:
1. Trade (speculation): Spot trading: Buying cryptocurrency on the spot market with the intention of selling it at a higher price. For example, you buy Bitcoin for $30,000 and then sell it for $35,000, making money on the difference.
What are futures and what should you know about them?🤼
Crypto futures are derivative financial instruments that allow you to speculate on future prices of cryptocurrencies. Trading them allows you to earn not only on the growth of the cryptocurrency value, but also on its fall. How to make money on crypto futures? 1. Long and short: ⬆️A long is a bet that the price of a cryptocurrency will go up. You buy a futures contract expecting its price to go up and sell it later, making money on the difference.
The Fear and Greed Index is a metric used to analyze investor sentiment in financial markets. It helps assess whether fear or greed is prevalent in the market and is commonly used in the stock and crypto markets.
Psychology of the index: 1. Fear - When investors fear future losses, they tend to sell their assets, which leads to a fall in prices. This condition is often associated with crises, volatility and uncertainty.
Safe haven assets are financial instruments that investors use to protect their capital during market volatility or crises. These assets maintain or even increase their value in conditions of increased market uncertainty. Here are the main ones:
What is staking and who makes the most money from it?😶🌫️
Staking cryptocurrency is the process of locking coins into a network to support its operation (e.g. confirming transactions) and earning rewards for doing so. The main purposes and benefits of staking include: 1. Maintaining Network Security: In blockchains with a Proof-of-Stake (PoS) algorithm or its variants (e.g. Delegated Proof-of-Stake, DPoS), the more coins users stake, the more secure the network becomes. This helps decentralized projects operate without relying on mining.
Investing in gaming coins on the exchange can be both profitable and risky. Here are some factors to consider: 1. Market Unpredictability: Game coins can be affected by the popularity of the game, changes in rules, and new releases. If the game loses popularity or there are sudden changes, the value of the coins can drop sharply.
A minute to think... in case of escalation of the conflict in the Middle East
If the conflict in the Middle East escalates, there are a few key factors I would look at when choosing cryptocurrencies to invest in: 1. Bitcoin (BTC): This is the first and most well-known cryptocurrency, which is often considered “digital gold.” In times of geopolitical instability, Bitcoin may become a popular asset for hedging risks, similar to how investors traditionally turn to gold during times of crisis. Bitcoin’s strong position in the market and its liquidity make it a reliable option.
Bitcoin Cash (BCH) is expected to see gradual growth in the near future, although it is accompanied by significant volatility. In 2024, the BCH price is expected to fluctuate between $332 and $366.47, with an important support level at $268. If the price holds above this point, further growth is possible in the coming years. In 2025, growth to $423 is possible, and by 2026, to $746.