White Rhino
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Frequent Trader
3.7 Years
Estoy aquí para ayudar a quien lo necesite, salud y criptos para todos.
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Basic technical analysis for cryptocurrencies: how to interpret charts and trends
Technical analysis is a fundamental tool for those who want to understand price behavior in the crypto world.
Here are the basic concepts you need to know to get started:
1. Japanese candlesticks:
Each candle shows how the price moved in a specific period (for example, 1 hour or 1 day). The thick part (body) indicates the opening and closing, and the thin lines (wicks) show the maximum and minimum reached.
2. Supports and resistances:
Support
: is a price level where demand is strong and usually stops the decline.
Here are the basic concepts you need to know to get started:
1. Japanese candlesticks:
Each candle shows how the price moved in a specific period (for example, 1 hour or 1 day). The thick part (body) indicates the opening and closing, and the thin lines (wicks) show the maximum and minimum reached.
2. Supports and resistances:
Support
: is a price level where demand is strong and usually stops the decline.
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Staking: earn money while holding your cryptocurrencies
Staking is a way to earn passive income with your cryptocurrencies by simply keeping them locked in a platform or wallet.
It works because some blockchain networks use a system called Proof of Stake (PoS), where those who 'stake' their coins help validate transactions and, in return, receive rewards in the form of more cryptocurrencies.
It's like putting your money to work for you, without the need to sell or trade constantly.
To do staking, you only need:
Having compatible cryptocurrencies.
It works because some blockchain networks use a system called Proof of Stake (PoS), where those who 'stake' their coins help validate transactions and, in return, receive rewards in the form of more cryptocurrencies.
It's like putting your money to work for you, without the need to sell or trade constantly.
To do staking, you only need:
Having compatible cryptocurrencies.
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Memecoins: serious investment or just fun?
Memecoins are cryptocurrencies that originate as a joke or meme on the internet, but sometimes they manage to attract a lot of attention and rapidly increase their value.
These coins usually have very active communities and followers that drive their growth with memes, social media, and a lot of hype. However, they are also very volatile and can lose value as quickly as they gain it.
Are they a good investment? It depends on your profile. If you like risk and excitement, you can try with small amounts, but always knowing that these coins do not have a solid project behind them or real utility in many cases.
These coins usually have very active communities and followers that drive their growth with memes, social media, and a lot of hype. However, they are also very volatile and can lose value as quickly as they gain it.
Are they a good investment? It depends on your profile. If you like risk and excitement, you can try with small amounts, but always knowing that these coins do not have a solid project behind them or real utility in many cases.
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What is a crypto wallet and how to choose the best one for you?
A wallet (or digital wallet) is where you store your cryptocurrencies, like your wallet, but in digital form. Without a wallet, you cannot send, receive, or store your crypto.
There are two main types:
1. Hot wallet:
It is connected to the internet, making it more convenient for daily use and quick transactions. However, being online also makes it more vulnerable to attacks and hacks.
2. Cold wallet:
It is not connected to the internet, making it much safer for storing large amounts in the long term. It is usually used in the form of physical devices (hardware wallets).
There are two main types:
1. Hot wallet:
It is connected to the internet, making it more convenient for daily use and quick transactions. However, being online also makes it more vulnerable to attacks and hacks.
2. Cold wallet:
It is not connected to the internet, making it much safer for storing large amounts in the long term. It is usually used in the form of physical devices (hardware wallets).
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Crypto Scams: 5 Signs Not to Fall into the Trap
The crypto world is full of opportunities… but also traps. With so many people looking for easy money, many scammers disguised as 'promising projects' have emerged.
Here are 5 key signs to identify a crypto scam before it's too late:
1. Promises of quick and safe money.
If someone tells you that 'you will double your money in 24 hours' or that 'there is no risk', be suspicious. In crypto, as in life, no one gives anything away.
2. Anonymous or non-existent teams.
Here are 5 key signs to identify a crypto scam before it's too late:
1. Promises of quick and safe money.
If someone tells you that 'you will double your money in 24 hours' or that 'there is no risk', be suspicious. In crypto, as in life, no one gives anything away.
2. Anonymous or non-existent teams.
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how to start from scratch in cryptocurrencies
Do you want to enter the world of cryptocurrencies but don't know where to start? Don't worry, here’s a quick guide to help you jump in confidently and without hassle.
First, it’s important to know what a cryptocurrency is (explained in my previous article).
To get started, follow these simple steps:
1. Get well-informed. Before putting in your money, read and learn. Don't trust unfounded advice.
2. Open an account on a reliable platform. Binance, Coinbase, or Kraken are options for buying and selling.
First, it’s important to know what a cryptocurrency is (explained in my previous article).
To get started, follow these simple steps:
1. Get well-informed. Before putting in your money, read and learn. Don't trust unfounded advice.
2. Open an account on a reliable platform. Binance, Coinbase, or Kraken are options for buying and selling.
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What is Blockchain and why is it so secure?
Blockchain is a technology that works like a digital ledger, but much more secure and transparent.
Imagine a giant chain where each link is a block that contains information about transactions. Each block is connected to the previous one by a unique code, forming a chain that no one can modify without it being noticed.
Thanks to this, the blockchain is almost impossible to hack or falsify. Furthermore, instead of being stored in a single place, it is distributed across thousands of computers around the world, making it even more resilient.
Imagine a giant chain where each link is a block that contains information about transactions. Each block is connected to the previous one by a unique code, forming a chain that no one can modify without it being noticed.
Thanks to this, the blockchain is almost impossible to hack or falsify. Furthermore, instead of being stored in a single place, it is distributed across thousands of computers around the world, making it even more resilient.
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What are cryptocurrencies really? I'll explain it without nonsense.
What are cryptocurrencies? Explained simply and without weird jargon
Cryptocurrencies are digital currencies that don't need banks or intermediaries. Imagine being able to send money to someone on the other side of the world without anyone controlling it or charging abusive fees. It's that simple.
The most well-known is Bitcoin, but there are thousands: Ethereum, Solana, Injective… Each one has its project and its function, and that's why its value can go up or down depending on people's interest.
And where are they stored? In a wallet, which is like your digital purse. And if you buy them on an exchange like Binance, you can start with very little, even with just a few euros.
Cryptocurrencies are digital currencies that don't need banks or intermediaries. Imagine being able to send money to someone on the other side of the world without anyone controlling it or charging abusive fees. It's that simple.
The most well-known is Bitcoin, but there are thousands: Ethereum, Solana, Injective… Each one has its project and its function, and that's why its value can go up or down depending on people's interest.
And where are they stored? In a wallet, which is like your digital purse. And if you buy them on an exchange like Binance, you can start with very little, even with just a few euros.
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