Main Risk Management Strategies
Risk management is an essential part of investing and trading. It can reduce your portfolio’s overall risk in various ways, such as diversification, hedging, stop-loss, and take-profit orders. What is risk management? Risk management entails predicting and identifying financial risks involved with investments to minimize them. Investors employ risk management strategies to manage their portfolio’s...
February 27, 2023
3 min to Read
What Are Crypto Whales and How Can You Spot Them?
Crypto whales are individuals or entities who hold large amounts of cryptocurrency, having amassed their substantial holdings through early investments, mining, or other means. With significant crypto holdings at their fingertips, whales have the ability to influence the market by buying or selling large amounts of assets, causing price fluctuations. In the crypto world, whales...
What Is a Cryptocurrency Whitepaper?
A cryptocurrency whitepaper is a document that outlines the key details of a blockchain or cryptocurrency project. It serves as a way for projects to communicate their goals, products, and features to their audience. While the information provided can vary, whitepapers typically cover topics such as the project’s tokenomics, team members, and overall vision. This...
What is Venus Protocol?
Venus Protocol is a decentralized finance (DeFi) platform built on the Binance Smart Chain. It aims to provide users with a wide range of financial services, including lending, borrowing, and trading, with a focus on the use of cryptocurrency assets. The platform operates using the Venus token (XVS), which is used for governance and to...
February 19, 2023
2 min to Read