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Crypto Bible — altcoin trader

How to Cash Out your Cryptocurrencies back into fiat?

Posted by Taras Lanchev on

We have already discussed how to store Bitcoin and other cryptocurrencies, how much you should be paying for a Bitcoin transaction and for an Ethereum transaction. However, one important bit we’ve missed is how to withdraw cryptocurrencies back into fiat. If you’ve invested all your money into crypto and then realised that you need to eat and crypto can’t quite buy you food yet, you will definitely find this post interesting. Cashing out could be a challenging process and to be honest, this is where people normally run into trouble as they worry about safety and security of their money....

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What is Pump and Dump and Why Should I avoid it?

Posted by Taras Lanchev on

Telegram and other messengers which are used for crypto have a lot of channels and groups which offer quick money from cryptocurrencies. They normally call themselves "Crypto Signals" or something of that matter. Please please please. Don't fall for this. Let's talk about why pump and dump is a scam and is a bad idea. For example, there is a Telegram channel called "Pump Notifier/Trading Signals". A few times a day that channel posts the name of the exchange where people will buy a coin and a countdown to when they should start buying. At the specified time, the channel sends out a...

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Where to check cryptocurrency prices and exchange rates?

Posted by Taras Lanchev on

Cryptocurrency prices are very volatile and a lot of people depend on them. You can use CoinMarketCap to monitor even the slightest volatility in the prices. Let's talk about how it works. 1. Bitcoin Price The home page of CoinMarketCap shows the first 100 cryptocurrencies sorted by the largest market cap at the top. You can see the details of each crypto, such as their: Price; Market Cap; Trading volumes in the past 24 hours; Circulating supply; At the end of the row for each crypto, you will see the change in price in percentage terms over the past 24 hours and...

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