In this article, as the title suggests, we will explore some popular cryptocurrencies other than Bitcoin. As of 2020, there were more than 5000 types of cryptocurrencies. Altcoins accounted for over 34% of the total crypto market in February 2020, as reported by CoinMarketCap. An alternative network to Bitcoin is the Ethereum (ETH) is...
When it comes to choosing between these two modes of payment, one can safely assume that the majority would pick fiat currency as the more “secure” option. To those unfamiliar with this term, “fiat currency” is a government-issued currency (USD, EUR,..) that has no underlying value of a physical commodity, unlike gold or silver. Instead, the value...
As the name suggests, Nonfarm Payrolls (NFP) is the measure of the number of workers in the United States that exclude: -farmworkers -private household employees -government employees -non-profit organization employees The reason why the aforementioned is excluded is because farm payroll is...
When you decide to enter the interesting universe of trading, you will find that there is a whole world of new terms that may sound strange if you have not learned them. However, it is essential to understand the operation and technical jargons of these financial instruments. The word PIP is an abbreviation which...
Maybe you have heard or read about these little helpers in charts and you did not know how to identify them. Or perhaps you do know exactly what they are, and the importance of them. Either way, let's take a look at how those price levels work and why they can be helpful. It...
The word leverage has several meanings, that are all distinctly different, and yet still hold some similarities. In science class, you may have likely learned about mechanical leverage. This is used to amplify the physical force that is input using a mechanical tool such as a lever, in order to increase the force that is output. The...
If you’re new to trading and have just started learning about the financial markets, you’re probably coming across a lot of unfamiliar vocabulary. One of the terms that may seem the most foreign is ‘Index’. Also known as a Market Index, Stock Index, or Indices (plural). If you too have run into this issue, don’t worry. Today,...
In comparison with some of the other financial instruments, even as a beginner you likely already have a general understanding of what a Commodity is. However, you may not be familiar with what the Commodity Market is and how it operates. Let's get into the nitty-gritty bits of trading Commodities. A Commodity is any...
Over the last decade, the word Cryptocurrency has found its way into mainstream conversation. The digital currency was originally a topic discussed among computer engineers and the like. However, it seems today that it’s discussed by everyone and their grandma. A Cryptocurrency is defined as any digital or virtual currency that is decentralized and...
Even if you’re new to trading, there is a good chance that you have heard of Stocks or Shares. Stockbrokers have been depicted in movies for decades, from "Trading Places" to "The Wolf of Wall Street", so it’s no surprise that the average person is at least somewhat familiar with the concept of Stocks. For a more...

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