We are continuing our series of educational materials about cryptocurrency and how to handle it. Today, we have long-term investment, otherwise known as position trading, on the table. This type of handling, or HODLing the assets, is preferable if you wish to be free of the fussiness typical for short-term deals when you can’t help but stare at the screen and control. Control and pray that the next candle turns out green at the end. Do you see how the intro is written with tears?
The crypto market can be rather confusing, especially if you are not yet the top gun in the sphere. Tackling the obscurity of this new-ish and actively developing market is easier once you are aware of essential metrics that indicate the value and outlooks of your assets. One of those metrics is Market Capitalization — the topic of this article by KvaPay.
In the modern world, cryptocurrency has become one of the driving forces of innovation and has given financial freedom to many people across the globe. As the market progresses, getting by without basic knowledge of cryptocurrency is increasingly harder.
These days, cryptocurrency appears to be ubiquitous. With names like Musk or Buterin appearing in the headlines daily, almost like the «regular» celebrities, people are increasingly more inclined to perceive cryptocurrency as an essential part of global finance as if it has always been there. In reality, for most of its history blockchain was rather a difficult-to-enter sphere for nerds and dedicated enthusiasts.