It seems that “cryptocurrency” and the “blockchain” have become buzzwords in recent years. Anyone who is looking into becoming an investor seems to be interested in getting a piece of the action. Since you are reading this book, it’s fair to say you too, are interested in getting a piece of the action. As such, we will be looking...

At the outset of the blockchain, there wasn’t a single coin in circulation. This meant that each coin had to be created by transactions that did not include a coin that was already in existence. Therefore, the two parties would make a deal, and after the verification process, they would be able to create a new coin. The reason for...

It might surprise you to find that the blockchain, at least the concept of it, dates back to the early 90s. Around that time, when the internet first began to emerge, so did the idea of a system in which computer networks could be used to conduct financial transactions. And so, the concept of the blockchain was born. Since then,...

Considering the fact that the main purpose of the blockchain was to facilitate transactions and ensure transparency, it should be said that this type of technology has revolutionized the world. Consequently, there is a greater possibility of a decentralized financial system. This is the underlying tenet of the blockchain and cryptocurrencies as the main purpose is to create a monetary...

Determining the Price of Major Currency Pairs The main reason why we recommend novice investors to deal with major currency is pairs is simple: volume. These are the currencies that attract the largest amount of transactions. As a result, novice investors can expect more bang for their buck, so to speak.

Don’t Quit Your Day Job One of the biggest motivators driving investors to get into the FOREX market is to achieve financial independence. This is certainly a reasonable goal to have. However, if you have your heart set on quitting your day job to become a full-time investor, then there is something you should...

Analysis & Trade Sharing In the rule of money management, we mentioned investor psychology as a crucial factor to consider. Indeed, your mentality plays a critical role in establishing a winning attitude during your trading activities. Those investors who are able to keep their emotions in check are the ones who can maintain...

Risk Management In The Forex Market When investing, risk is a fundamental factor that you need to take into account. If you choose to take on too much risk, you open the door for potential disaster. While that may sound a little over the top, the fact is that risk is a constant...

Types of FOREX Markets There are various types of FOREX markets you can choose to invest in. Depending on your expectations, experience, and interests, you can choose to invest in any of these markets. The best part of all is that you can dip your toes into all markets at...

Picking the Right Broker for You Picking the right broker for you can be a daunting task, especially if you are not clear and what you should be looking for. On the whole, finding a good broker isn’t too hard when you know what you are looking for. However, the question...