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chals farade June 18, 2021 5:52 am

How to Reduce Risks in Cryptocurrency? Cryptocurrency has made many people successful millionaires, but at the same time, it has also pushed many towards suicide and crippled many organizations. Crypt... View MoreHow to Reduce Risks in Cryptocurrency? Cryptocurrency has made many people successful millionaires, but at the same time, it has also pushed many towards suicide and crippled many organizations. Cryptocurrency has made many people successful millionaires, but at the same time, it has also pushed many towards suicide and crippled many organizations. Trading or investing in cryptocurrency can make you rich, but at the same time, it has its risks. Thereâ€™ll be excellent gains sometimes, and other times, thereâ€™ll be bad times. In April, Bitcoin got to its highest value of over $60,000 since its launch in 2009. However, some two weeks into May, the value came crashing to a little over $30,000. This crash had over $8 billion liquidated and no traces of about $500 billion. These are some of the risks you may experience with crypto. The question is, how can you manage these risks? Letâ€™s take a look at some strategies; Risk Parity Risk parity is a strategy that any learned trader will associate with trading legend Ray Dalio. This strategy is simple: You invest all funds into assets that do not correlate, resulting in reducing your funds. So if anything negative occurs with one asset, it doesnâ€™t affect your total investment. With risk parity, you divide your funds into different sectors, which means your gains come from various sources. However, it means as a trader, you have to look out for crypto assets that are not related to returns. This is not an easy task, but if you master the art of risk parity, you will reduce risks. Decentralized finance Cryptocurrency revolves around Bitcoin â€” the first and most influential currency. When Bitcoin surges up in value, the entire market surges up. If Bitcoin reduces in its value, most other crypto assets will follow suit. This dependence on the market makes it hard for risk parity to be the best risk management method. Thatâ€™s where decentralized finance steps into the occasion. Decentralized finance, often abbreviated as DeFi, is essentially another option for the regular crypto market. Fortunately, DeFi also depends totally on the blockchain, so there is no fear. In a decentralized finance system, you donâ€™t need to rely on any bank or broker. Instead, the system utilizes one or more smart contracts to interact with more than one person on the blockchain. A great example of a smart contract-supported crypto is Ethereum. The decentralized finance system allows flexibility and opportunities. Therefore, there is an opportunity to apply this system in diverse strategies with corresponding risks and rewards. So with this decentralized system, risk parity is a possibility to reduce risks in crypto. Regulations Cryptocurrency is decentralized and doesnâ€™t depend on any regulation or individual. However, the market trends get heavily influenced by the regulations. As a result, one of the most effective ways to reduce risks in crypto will be to mitigate adverse rules. If you remember, the crash of cryptocurrency in May went down heavily because of a Chinese ban on Bitcoin. If these regulations against cryptocurrency begin to support the system, more trust will be generated around the system. Conclusion Cryptocurrency reading and investing is just as rewarding as it is risky. So you need to know how to manage your risks. What better way to manage risks than to earn cryptocurrency today by playing fantasy games with Fanspel, you earn as you play â€” without worrying about any risky investment. Join Our Community: Telegram : https://t.me/fan_spel Facebook -https://www.facebook.com/Fanspel Twitter -https://twitter.com/FanspelOfficial Instagram â€” https://www.instagram.com/fanspelofficial/ Medium-https://fanspel.medium.com/ Linkedin- https://www.linkedin.com/company/fanspel Reddit community â€” https://www.reddit.com/r/Fanspelofficial/

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Fanspel

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Fanspel is the gaming platform that designed for sports fan to showcase their skills and knowledge about the sports. In Fanspel, every transaction will be in Cryptocurrency.

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chals farade June 15, 2021 5:44 am

Fanspel Token Price Analysis â€“15 June 2021 The positive news that El Salvador had officially recognized Bitcoin as a legal tender generated a lot of excitement in the crypto markets in the past week... View MoreFanspel Token Price Analysis â€“15 June 2021 The positive news that El Salvador had officially recognized Bitcoin as a legal tender generated a lot of excitement in the crypto markets in the past week. Many cryptocurrencies are still yet to recover from the significant drop on May 8 fueled by tweets emerging from Teslaâ€™s CEO Elon Musk account. However, rumors that other Latin states are considering adopting the trend could hasten the recovery process. The frenzy gained momentum later in the week as tweets from Elon Musk suggested that Tesla could resume accepting Bitcoin as payment for their services based on certain mining conditions. Owning to Bitcoinâ€™s strength in the crypto markets, other cryptocurrencies such as Fanspel could follow suit if Bitcoin price keeps increasing. As of Monday morning, Fanspel started on a good note before reaching the $0.34 mark when it started on a decline to $0.29. The bulls found a breakthrough after a series of upward trend lines that saw the price spike to $0.32. Fanspel established resistance at $0.32 which was tested at several intervals by the bulls. After multiple failed attempts to break the $0.32 resistance, the bulls pulled through and surged strongly to higher levels. The price initially surged to $0.33 before picking up to peak at $0.38. The next few sessions were volatile as the Fanspel fluctuated across the $0.36 and $0.37 price intervals. The price kept increasing, reacting to various fundamental factors, and performed a lot better than the previous week. A high was found at $0.41, resulting from a very strong bullish line that was visible towards the closing on Friday. A significant decline then followed that saw the price fall strongly to $0.33. The bullâ€™s attempt to rebound the price back to the $0.41 level was cut short at $0.39 which was then established as a resistance level. Several attempts by the bulls to break the resistance at $0.39 were unsuccessful and instead dropped to lower levels. Fanspel is currently in a bullish trend and trades at $0.38 as of the time of writing. If the upward trend continues, then reaching the $0.40 mark seems very likely. Telegram : https://t.me/fan_spel Facebook -https://www.facebook.com/Fanspel Twitter -https://twitter.com/FanspelOfficial Instagram â€” https://www.instagram.com/fanspelofficial/ Medium-https://fanspel.medium.com/ Reddit - https://www.reddit.com/r/Fanspelofficial/

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Fanspel

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Fanspel is the gaming platform that designed for sports fan to showcase their skills and knowledge about the sports. In Fanspel, every transaction will be in Cryptocurrency.

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chals farade May 31, 2021 6:29 am

Factors to Consider Before Investing in a Cryptocurrency https://fanspel.medium.com/factors-to-consider-before-investing-in-a-cryptocurrency-d0f5392354b7

Factors to Consider Before Investing in a Cryptocurrency

fanspel.medium.com

For many years now, cryptocurrency has proven to doubters that itâ€™s here to stay. Not only has it become prevalent, but it has also made many people millionaires. Almost every company now wants to

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chals farade May 20, 2021 6:56 am

https://fanspel.medium.com/beginners-guide-to-playing-online-fantasy-games-7550f97b97d #fantasysports #fantasygame #cryptocurrency #bitcoin #fantasy

Beginnerâ€™s Guide to Playing Online Fantasy Games

fanspel.medium.com

The popularity of fantasy games is skyrocketing. Fantasy games are encouraged as a means of forming a fictitious team of real-life players. These games began as a harmless pastime and have sinceâ€¦

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chals farade May 19, 2021 7:22 am

https://fanspel.medium.com/what-is-safemoon-how-to-purchase-the-new-cryptocurrency-is-clarified-714aa58a3560 #Fantasysports #onlinegaming #fantasy #cryptocurrency #bitcoin

What is SafeMoon? How to Purchase the New Cryptocurrency is Clarified.

fanspel.medium.com

Itâ€™s incredible how easily the cryptocurrency market changes. Since its April launch, SafeMoon, the latest cryptocurrency that has taken the market by storm, has grown in popularity. DOGE was theâ€¦

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chals farade with Emilly Smith May 18, 2021 6:27 am

Best Suitable Cryptocurrencies for Day Trading Â» Bitcoin Hunts Blogs

www.bitcoinhunts.com

Best Suitable Cryptocurrencies for Day Trading Cryptocurrency is one of the greatest innovations in the modern era.

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chals farade is now friends with Alepo Technologies Inc May 11, 2021 4:58 am

Alepo Technologies Inc

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chals farade is now friends with Sophia April 29, 2021 7:33 am

Sophia

Gender: Female

Location: Dubai, United Arab Emirates

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chals farade posted a blog. April 29, 2021 7:20 am

What Are The Most Profitable Cryptocurrencies To Mine In 2021?

April 29, 2021 Category: business and 101 views

Cryptocurrency Mining Is A Costly Affair. As A Miner, You Want To Focus On Only Those With A High Return On Your Investment. Read On To Discover The Most Profitable Cryptocurrencies To Mine. But Before We List The Coins, Itâ€™s Important That You Know What To Consider Before You Make A Decision On The Cryptocurrencies To Mine. Easily minable on your PC or laptop You Need To Go For Cryptocurrencies That You Can Easily Mine At Home Using Your GPU Or CPU. Probability to withdraw to fiat Before You Settle On Which Cryptocurrency To Mine, You Want To Ensure There Are Exchanges Available To Convert It To Fiat. This Is Particularly Important If You Intend To Spend Part Of Your Earnings. Cryptocurrency mining regulations Some Countries Restrict Cryptocurrency Mining. As Such, You Want To Make Sure That Itâ€™s Legal To Mine Cryptocurrency In Your Country Before Venturing Into It. Now That You Know The Factors To Consider Before You Venture Into Cryptocurrency Mining, Here Are The Most Profitable Digital Currencies To Mine. Ethereum Classic (ETC) Ethereum Classic (ETC) Tops The List Of The Most Profitable Coins To Mine In 2021. An Ethereum (ETH) Hard Fork, Ethereum Classic Supports Smart Contracts As Well. ETC Is Profitable Because You Can Mine It On A GPU Or CPU. Horizen (ZEN) This Is A Privacy-Centric Coin Introduced In 2017 As ZenCash. The Coin Is Profitable To Mine Because You Can Make About $4 A Day, And You Can Mine It With A GPU. ZCash (ZEC) Third On The List Of The Most Profitable Cryptocurrencies To Mine Is ZCash (ZEC). It Offers Low Transactional Fees And Great Privacy. Released In 2016, ZCash Is Profitable To Mine Because You Can Earn About $3 A Day, And It Supports GPU Mining. Verge (XVG) Started In 2014, Verge (XVG) Is Fourth On The List Of The Most Profitable Coins To Mine In 2021. It Offers Anonymous And Fast Transactions. The Main Reasons This Coin Is Popular Among Miners Is Because You Can Mine It Using A GPU, And You Can Earn About $3 A Day. Peercoin (PPC) Introduced In 2012, Peercoin (PPC) Focusses On Low Transaction Costs And Security. Itâ€™s Profitable To Mine Because It Supports GPU Mining, And You Can Earn About $3 A Day From Mining It. Bitcoin (BTC) Itâ€™s Still Profitable To Mine Bitcoin. Although Very Profitable In Its Early Days, This Has Since Changed Owing To The Halving Of The Block Reward And The Difficulty In Mining It. It Uses The POW Mechanism And The SHA-256 Algorithm. Released In 2009, Itâ€™s The Worldâ€™s Top Digital Currency In Terms Of Price And Market Capitalization. Whatâ€™s More, You Can Trade It On All Major Exchanges, And Itâ€™s Designed To Allow Peer-To-Peer Transactions. Litecoin (LTC) Seventh On Our List Of The Most Profitable Coins To Mine In 2021 Is Litecoin (LTC), Released In 2011. LTC Mining Is Profitable For A Number Of Reasons. You Donâ€™t Need Those Expensive ASIC Miners Since You Can Use Your GPU. You Can Earn $1 A Day Mining LTC. Finally, As A BTC Hard Fork, You Get To Enjoy Fast Payments.

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chals farade February 26, 2021 6:05 am

Main Factors Affecting The Value Of A Cryptocurrency If You Are Keeping Up With The Digital Innovations Worldwide, You Would Definitely Have Heard Of Bitcoin, Lite Coin, Ethereum, And So On. Along Wit... View MoreMain Factors Affecting The Value Of A Cryptocurrency If You Are Keeping Up With The Digital Innovations Worldwide, You Would Definitely Have Heard Of Bitcoin, Lite Coin, Ethereum, And So On. Along With Several Other Equally Essential Coins, These Coins Are Digital Currencies That Have Spearheaded Economic Progressions In Multiple Countries. However, Like Any Other Currencies, They Tend To Get Affected By Multiple Factors. These Could Have Positive Or Negative Effects On An Economy, Depending On The Direction It Heads. Without Further Ado, This Article Would Highlight Essential Things To Know About Cryptocurrency, Including What It Is And What Factors Affect Its Value. So, Whatâ€™S With Cryptocurrency? As We Mentioned Earlier, Cryptocurrencies Have Been A Significant Contributor To The Worldâ€™s Economy. Simply Put, They Are Mediums Of Exchange, Just Like Physical Currencies. However, They Differ From Standard Currencies Because You Can Also Send Digital Information Through Them. Using This Type Of Currency Provides You With Digital Security, A Digital Identity, And Fast Accessibility. It Also Offers You An Easy Way To Save, Invest, And Transact With Other Digital Currency Holders. These Qualities Make It Easy To Understand Why They Are Highly Sought After. Five Things Determine The Value Of Cryptocurrency. They Are: 1.Utility Of The Coin The Value Of A Cryptocurrency Is Greatly Determined By How Many People Currently Use The Coin. Coins That People Donâ€™t Use Often Are Bound To Have A Lower Value Than Coins That People Commonly Use. 2.The Scarcity Of The Coin Unfortunately, There Are Various Popular Cryptocurrencies Such As Bitcoin That Are Only Selling A Certain Amount Of Coins. When A Cryptocurrency Has A Fixed Amount Of Coin Value They Want To Sell, This Creates A Big Gap Between Demand And Supply. Many People Want The Coin Due To Its Exclusivity, Which Makes The Currency Dramatically Appreciate. 3. Perceived Value Of The Coin Several Studies Show That People Tend To Go For Coins With Higher Social Statuses And Are Perceived To Have A Higher Value. For Example, Even If Coin A Has A Lower Value Than Coin B, People May Still Buy More Coin B Due To Its Popularity. Their Popularity Gives Them A Higher Perceived Value. Ultimately, This Leads To Higher Demand, Which Spikes Up The Price. 4. Economic Crisis If A State Of An Economy Faces Potential Jeopardy, It Tends To Depreciate A Cryptocurrency Value, No Matter How Well It Was Doing Before. On The Other Hand, Stable Economies That Are Progressing Make The Price Of Cryptocurrencies Higher. More People Will Be Able To Afford The Currency, Make Investments, And Make Better Financial Decisions. 5. Regulating Cryptocurrency Nowadays, Many Countries Have Made Cryptocurrencies Available To Their Citizens. However, Some Have Imposed Bans On These Digital Currencies, Which Has Affected Their Values. They Reportedly Do This Because They Believe Cryptocurrencies Have Given Terrorists A New Way To Attack And Thieves A New Asset To Steal; Digital Identities. You Need To Understand That Multiple Cryptocurrency Platforms Effectively Combat This, Making Their Transactions Through Bitcoin And Other Cryptocurrencies Easy And Safe.

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