Arbitrage is the simultaneous purchase and sale of an asset to profit from a price discrepancy. In the context of cryptocurrencies, arbitrage can be used to profit from different prices on different exchanges. For example, suppose Bitcoin is trading for $10,000 on one exchange but only $9,000 on another. An arbitrageur could buy Bitcoin on […]
How Does Investing In Crypto Work
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
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How An Anonymous Crypto Trader Made His First Million
In the cryptocurrency world, there are a few success stories that stand out. But, none are more impressive than the story of an anonymous crypto trader who made his first million. This trader first got interested in cryptocurrencies in 2013 when bitcoin was worth just $100. He began trading small amounts and gradually built up […]
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