Category: Uncategorized
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Major Cross-Currency Pairs or Minor Currency Pairs
Currency pairs that include any two of the major currencies except the U.S. dollar are known as cross-currency pairs or simply as the “crosses.” Major crosses are also known as “minors.” While not as frequently traded as the majors, the crosses are still pretty liquid and still provide plenty of trading opportunities. Don’t confuse minor currency pairs with the seven major currency pairs,…
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Buying And Selling Currency Pairs
Forex trading is the simultaneous buying of one currency and selling of another. Currencies are traded through a “forex broker” or “CFD provider” and are traded in pairs. Currencies are quoted in relation to another currency. For example, the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY).When you trade in the forex market, you…
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Major Currencies
While there are potentially lots of currencies you can trade, as a new forex trader, you will probably start trading with the “major currencies“. They’re called “major currencies” because they’re the most heavily traded currencies and represent some of the world’s largest economies. Forex traders differ on what they consider as “major currencies”. The uptight…
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What is forex?
Quite simply, it’s the global financial market that allows one to trade currencies. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. Once upon a time, before a global pandemic happened, people could actually get on airplanes and travel internationally. If you’ve ever…
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5 Helpful Tips For NFT Buyers and Owners
Have you bought your first non-fungible token (NFT)? Or maybe you’re still on the fence but are open to buying one or two (or four hundred) NFTs? Whether you’re just planning to soothe a FOMO or you plan to make a career out of buying NFTs, here are 5 tips to help maximize your NFT…
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How To Buy Your First NFT
Think you’re ready to buy your first NFTs? Not if you’ve skipped the basics of what non-fungible tokens are and the potential risks of buying and owning one! If you’ve read up on your NFT 101 AND you’re sure that you’re not running on FOMO, then lemme give you the step-by-step process on how to buy…
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Where Can You Buy (and Sell) NFTs?
If you’ve decided that it’s worth buying or minting NFTs, then it’s time to look for legit places where you can do so. Don’t just go blindly buying some “promising NFT with enormous profit potential” from a “fintech guy” on a Discord group! There are two kinds of marketplaces for NFTs: As the name suggests,…
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Should You Create NFTs?
Now if NFTs are so cool, you’ve probably thought of creating (or “minting“) one yourself. After all, you can technically put just about anything into an NFT if you wanted. All you have to do is store data on a digital ledger and the world is your oyster, right? What if you could pull off…
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Should You Buy NFTs?
the previous lessons, you’ve learned what an NFT is, a very brief history about them, and how they’re used. This brings us to the million-dollar (or is it billion-dollar?) question: Should you buy NFTs? The short answer is: It depends on whether you see value in it or not. Now the concept of value, of course, is…
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A Very Brief History of NFTs
How did NFTs come into existence and who started it all? Well, it depends on who you ask. Some trace its beginnings to Colored Coins way back in 2012, even before the term NFT was – well – coined. Colored Coins represented small denominations of bitcoin, with the goal of adding metadata to transactions. However, this turned…