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2023-07-14 11:02:07 GPU vs. CPU mining

This post is a general overview of GPU and CPU mining.

It’s simple: These are two types of mining that use different parts of the computer.

CPU mining is when you use the computer’s processor (the computer’s brain) for the task. Processors are good at various tasks but not as good at the large and complex calculations that mining requires.

GPU mining is when you use the graphics card (the visual brain of the computer) for mining. GPUs are built for fast and complex calculations (mostly for gaming), which makes them more efficient for mining.

As a result, GPU mining usually generates more revenue, but the hardware is also more expensive.

Did you think it was impossible to mine on a CPU? Well, yes, you can! (although not very efficiently).

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2023-07-13 23:23:51 Why is it important to remember liquidity?
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In three words, liquidity is the speed of transactions. When there is liquidity, we can make any transactions with coins.

Liquidity is a market characteristic of an asset showing its demand. The more assets can be sold at market price (without reducing its value), the higher its liquidity.

But if it is not there, we become an aperitif for the sharks. They will milk us while we try to sell the coins of weak projects.

What's wrong when liquidity is lacking?
We can't get out of a position because no one wants our shiat. As a result, we stay further waiting in the market. We become hostage to the situation that ordinary people have put us in.

Factors affecting liquidity

Bigger market, more traders.
Thus it will be easier to find a buyer or seller for an asset. This is influenced by the popularity of the asset, including the media part of the project, the media component of its creators and the PR management of the project team.

Number of trades on the market
More trades = more traders = more orders = more liquidity

The quality of the asset and its prospects
If a project is run by competent people, it has specific goals and prospects for further fruitful development in the future. This gives reason for speculation in the cryptocurrency market.

Market structure and balance sheet
When the market structure is efficient, it is easier for buyers and sellers to find each other and close deals.

Do you ever get the feeling that even with in-depth analysis, there is no way you can read the market?

- NO
- YES

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2023-07-13 13:41:11 What is Bitcoin by The Bitcoin Standard author, Saifedean Ammous.

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2023-07-13 12:35:01 “If all 21 million bitcoins were evenly distributed, each of us would receive 262.5 thousand satoshis (0.002625 BTC).”

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2023-07-03 11:33:31 Bitcoin closed June at +11.98%.

This is the first positive June close in the last 4 years. Also according to statistics since 2009, July is considered to be the best month after October.

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2023-07-02 20:58:42 What kinds of trading are there?
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Many of you have ever wondered what it would be like to start trading. We have decided to describe for you the types of this kind of activity. There are several types of trading, among which seven are most common.

1) Scalping - trading in which the trader receives a small profit from each price movement. Requires constant and painstaking work of the investor, as it is necessary to work on the shortest timeframes (for example, minute).

2) Trading on medium term is the best option for beginners, it is calm and less risky than scalping. Profit/loss is formed by price movements on the periods equal to one hour, several hours, twenty-four hours. During this time you can soberly analyze the data and choose a strategy.

3) Trading on long timeframes (week, month) is based on analysis of economic processes, external factors and market movements. As a rule, it is chosen by large capitals - corporations, banks, other financial institutions.

4) Moment trading is a rare type, when an investor combines trading on different timeframes.

5) Technical trading - a trader trades on any timeframe based on technical analysis, that is, predicting the likely change in prices based on how they have changed in the past under similar circumstances (trend analysis).

6) Fundamental trading - a trader trades in the medium term using fundamental analysis, i.e. analyzing and forecasting the market value of the issuer based on the performance of companies.

7) High-frequency trading - trading, which is conducted not by people, but by complex powerful computers that perform up to several million computing operations per second in order to close the deal with maximum profit. It is a new and developing tool, which is nevertheless prone to attacks and periodically damages the world stock markets.

Have you ever been involved in trading?

- Yes
- No

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2023-07-02 17:16:54 This year, $4.56 billion in payments were transferred through the bitcoin network

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2023-07-01 17:18:52 Portfolio Creation and Diversification
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Today we're going to talk about building a portfolio properly and learning how to track it!

And let's start with one of the most important terms when working in personal assets. Diversification is an activity that aims to allocate your assets. It is important to learn how to put together a balanced portfolio that will reduce losses due to various circumstances.

In order to diversify your portfolio, you need to keep these things in mind:

• Asset diversification. For example, you are a holder of many NFT collections that are starting to fall as of late. If you intend to continue to hold them, but have nothing to live on, you are obligated to have any tokens in your portfolio besides NFTs.

• Sector Split. It is important to have assets in your portfolio that belong to a certain sector. You must invest a certain percentage in the blockchain, De-Fi, Game-FI sector. So that if one sector goes down, others can cover your losses.

• Risk Split. You should always divide your portfolio by risk, depending on your assets. A portion of the portfolio should definitely lie in stables, for future position averaging. The largest percentage in fundamentals, some in prospects and a chunk in risk coins.

Where do you track your portfolio?

Consider hybrids where you can enter information about your assets yourself, but also connect wallets to automate the process.

Coinmarketcap | Coinstats | DeBank

There are also the usual observers within a single wallet. With them, you won't be able to enter information yourself, but only keep track of available assets.

What's noteworthy about them is that in addition to just tokens, you can also track your NFTs across all networks.

We hope that today's post was useful for you.

What tokens do you have in your portfolio? (write in the comments)

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2023-07-01 13:32:50 BREAKING: WisdomTree, VanEck, and Invesco also refiled their spot #Bitcoin  ETFs.

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2023-07-01 11:25:18 Kraken ordered to hand over user information to IRS for anyone who transacted over $20k in one year between 2016-2020

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