Monday, July 6, 2020

What is Decentralized Finance?





What is Decentralized Finance? 
DeFi (Decentralized Finance) is an application using smart contracts, which runs (typically) the Ethereum blockchain, to obtain loans in the form of crypto assets and to use crypto assets. For example you can collateralize Ether (ETH) to get a loan in the form of DAI stable worth US dollars. Smart contract is the best feature on the Ethereum blockchain. Anyone can use it to make cool applications. The use of smart contracts in the DeFi sector has been increasing lately, which is reflected in the value of crypto assets stored in it. Smart contract itself is a special "programming language" on the blockchain. Programmers can use the code to create applications that run entirely on the blockchain (decentralized). The use of smart contracts guarantees at least human intervention in the process. The user is quite sure that the program code runs properly automatically. All DeFi can be used by anyone, as long as they use the highly recommended MetaMask crypto asset wallet. In DeFi Maker, for example users pledge their Ether crypto assets and get DAI as loans. DAI is a stable dollar value in US dollars, where the value of 1 DAI is equivalent to US $ 1. DeFi also promises transparency values, where the program code used is open and can be seen by the public. However, the mistake of combining different codes can lead to disaster, as happened to Lendf.me some time ago: user funds were missing hundreds of billions of rupiah. What is clear is that DeFi is a real proof of blockchain technology and other techniques that accompany it, namely the smart contract. It's just that, because this is still in its very initial form, it is also possible that a mistake in implementing the program code can lead to fatal and ignite public distrust. This also can trigger delays in adoption by large institutions. In that case, what needs to be boosted is the standardization of special DeFi and dApp program codes by the International Organization for Standardization (ISO). Without ISO, there is no guarantee, especially for large-scale businesses. That is, there are still many big challenges facing DeFi. And at the same time, blockchain defenders must work harder to maintain that trust











Friday, March 13, 2020

Centralized Exchange vs Decentralized Exchange








What is Centralized Exchange?
Centralized Exchanges are online exchange platforms used to swap / buy and sell cryptocurrencies that function like traditional brokerage or stock markets. Centralized exchange users don't have access to the private keys of their exchange account's wallets. In accordance with its name "centralized" which means that there is a central organization company that acts as a third person to store user assets, regulate the exchange rules, and charge exchange fees. This puts all of the user's trust in the hands of the exchange operators be made through the mechanisms provided and approved by a central authority. List of some famous Centralized Eaxchange: Binance, Bibox, Bit-Z. BitStamp, CEX.IO, Cobinhood, GDAX, Hitbtc, Huobi, Bittrex, Bitfinex, Kucoin, Livecoin, Coinbase, Kraken etc.




What is Decentralized Exchange?
Decentralized exchange (DEX) is a cryptocurrency exchange that is operated without a third party or central authority, which allows peer-to-peer cryptocurrency trading or trade between users. In a decentralized exchange system reducing the risk of theft from hacking exchanges also prevents wash trade so that there is almost no manipulation of price or fake volume. Trading or crypto transactions are controlled by automated processes that are carried out with smart contracts. Decentralized exchange uses blockchain technology, so it is safe to exchange cryptocurrency without the need for third party assistance. Basically the platform acts as a service that connects trading orders with each other to serve customers who want to exchange cryptocurrency (coins or tokens).



List of Decentralized Exchange


Centralized Exchange vs Decentralized Exchange



Conclusion
The conclusion is that despite having the same function, namely for cryptocurrency exchange, the two types of cryptocurrency exchange have a very significant difference. After seeing the difference between centralized exchange and decentralized exchange, and the advantages and disadvantages of both, we can find out which exchange we want to use.





Wednesday, March 11, 2020

What is Crypto Fundamental Analysis?






By considering quantitative and qualitative factors, the purpose of fundamental analysis is to predict the intrinsic value of assets both medium and long term. Although there are many contradictory opinions to use fundamental analysis on cryptocurrency. So, you can analyze where the price of cryptocurrency will move, whether it has increased or decreased. Then, what's the difference between technical analysis and fundamental analysis? Simple, technical analysis is an analysis conducted by looking at chart patterns or charts of price movements aimed at analyzing price trends. While the fundamental analysis is the determination of fair price or fair value that will be compared with market prices.


What is Fundamental Analysis?
The meaning is taken from crypto trading terms: Fundamental Analysis is a method of analysis based on issues, rumors, and various events that directly or indirectly have an influence on the performance of a crypto market. So the fundamental analysis is the determination of fair value that will be compared with the market price. Some experts have the opinion that this Fundamental Analysis is more suitable for making long-term decisions.

Fundamental Analysis is the observation and assessment of the conditions that underlie the price movements of a cryptocurrency. In crypto trade, this means that fundamental analysis is the observation and assessment of economic conditions that refer to, the global economy, inflation, war, disease outbreaks, crypto expert opinions
and others that can be used to predict crypto prices in the future.

Characteristics of fundamental analysis:
1. It takes time to obtain information such as economic data or the latest rumors.
    Individual traders find it difficult to get info like this.
2. Is subjective because it involves the opinion of many people. A trader may
    consider certain economic data good, but other traders judge bad.
3. More suitable for the medium to long term.

Crypto Fundamental Analysis Specifications 
During the crypto trading process, every trader has their own strategies. There are those who use technical analysis, there are also those who prefer fundamental analysis, but it would be better and perfect to use the two methods of analysis. The main purpose of fundamental analysis is to measure the intrinsic value, that is, the true / actual value of an asset.  In the crypto world, intrinsic value is measured from various aspects, for example, whether crypto coins have good market capacity, development by a reliable team, and can be supported by the community. In simple fundamental analysis is the analysis technique used by traders to predict cryptocurrency price movements. How? By learning all financial information related to digital assets and the technology behind it. Starting from looking for the latest news, intrinsic value, expert opinion, crypto coin characteristics, and the quality and prospects of the technology owned.


What factors should be considered? 
If you want to apply fundamental analysis techniques to cryptocurrecyl, there are a number of factors to consider including:
1. White Paper Coins 
A detailed proposal by the development team outlining the aims and mechanisms of the coin. This is the main source for evaluating coin basics. You should always read the white coin book before investing.
2. Amount of Supply
You need to know the supply or supply amount of the cryptocurrency you want to analyze. The amount of supply is the total crypto currency coins provided by the cryptocurrency system. For example, Bitcoin coins have a total supply of 21 million coins, Ethereum coins that do not have a certain number limit, and others.
3. Amount of Demand 
The amount of demand is the market's absorption of crypto coins that have been circulating. That means you need to analyze how much market interest and enthusiasm the crypto coins are. As the number of market demand for Bitcoin or Ethereum crypto currencies continues to increase.
 4. Community Forums: Reddit / Bitcointalk / Steemit. 
Forums are a great way to understand coins better, as well as the sentiments that surround coins. You can find simple definitions of certain concepts or coin analysis that are easy to understand from forums, because the community is well-informed. The diversity of thoughts allows you to understand the mechanism of coins much better
5. Number and volume of cryptocurrency transactions 
To make it easier when analyzing, you can look at the Coinmarketcap website to find out the number and volume of transactions of a cryptocurrency.
6. Network utilities  
You also need to know how much it costs per transaction for a cryptocurrency. The cheaper, it will be increasingly in demand by crypto business people.
7. Blockchain Confirmation 
Speed It's important to know the time period for confirming a transaction. Does the confirmation run fast or does it take a long time.
8. The level of adoption of a crypto currency 
You also need to know whether cryptocurrency is easy to find and can be bought / sold on many exchanges
9. Big Event In addition, 
you should also follow the latest developments that occur in the world of cryptocurrency. Starting from the news of the increase in cryptocurrency networks to major events such as cryptocurrency market hacking, inflation, epidemics such as Corona, as well as expert opinions etc. Send feedback History Saved Community


The two types of analysis, technical analysis and fundamental analysis, often raise questions about which is better between the two. In fact, these two types of crypto analysis have their respective characteristics and should be used together proportionally, not just one.



You may also like:
What is Technical Analysis?




Tuesday, March 10, 2020

What is Technical Analysis?






What is Technical Analysis?
Technical analysis is a way to analyze the movement of asset prices on financial markets using statistical tools such as charts and mathematical formulas. The purpose of learning technical analysis is so that traders can assess current market conditions based on historical prices in the past, as well as provide an overview or prediction of future market movements.

Previously, traders made calculations that combined charts and mathematical formulas manually, but now technical analysis can be done more easily. Generally, online trading platforms have been equipped with features to display price movements in various types of charts, as well as various technical indicators as analytical tools.


Characteristics of technical analysis:
1. Requires a lot of data to support prediction accuracy.
2. Its reliability depends on the trader's skill in reading charts, applying indicators,
    and practicing analytical techniques.
3. Suitable to be applied to short-term and long-term trading.


Basic Principles of Technical Analysis
The most common technical analysis used by traders to analyze and predict crypto prices is based on three principles:

1. Market Price Discount Everything
Meaning: the price shown on the chart has illustrated all the factors that affect the market.

2. Price Moves in Trend,
This means: prices do not move randomly, but always form a certain pattern (trend) that will continue until there are signs that this movement pattern stops and changes.

3. History Repeats Itself,
Meaning: there is a strong tendency that the behavior of market participants in the present will give the same reaction as market participants in the past, in responding to various information affecting the market; so the motive for the movement that had once happened could be repeated again.


Technical Analysis Component
Technical analysis contains a number of important components. These components must be known by all crypto traders are price chart, technical indicators and

1. Price Chart
Price graph shows the exchange rate of two currencies and continues to move from time to time. There are three price chart models that are commonly used in technical analysis, namely Line Chart, Bar Chart, and Candlestick Chart. Among the three, the most popular one used by crypto traders is the Candlestick chart.


Line Chart only gives one price value, the closing price. While the opening price, high price and low price do not appear in the Line graph. Because the supply of information provided by line charts is very limited, Line Charts are rarely used by day traders and position traders.




There are 4 important components for crypto traders in the Bar Chart, namely high prices, low prices, opening prices and closing prices. The highest point of the vertical line represents the high price and the lowest represents the low price of a certain time frame. The hyphen on the left represents the opening price and the one on the right represents the closing price of a certain time frame.




Candlestick charts are the most widely used charts for cryptocurrency trading, but many crypto traders do not understand what information is provided by candlesticks. A green candlestick meant it's bulish, a red candlestick meant it's bearish.



2. Technical Indicators
So that the price movements shown in the chart above can be analyzed, technical indicators are needed. There are many types of technical indicators, but they all have something in common, which allows traders to interpret current price movements so that they can come up with predictions for future price movements. Because of the many technical indicators in the world, even up to hundreds, each trader can use different indicators. However, there are a number of indicators that are commonly used, including Moving Average (MA) and Relative Strength Index (RSI).


3. Technical Analysis Methods or Techniques
The combination of MA and RSI to prepare trading decisions crypto, is part of the technique or method of technical analysis. So, in technical analysis, just using charts and indicators is not enough. Tradercrypto can make its own techniques or methods of analysis, based on one type of indicator, a combination of many indicators, or combined with special techniques such as Fibonacci, Retracement and Reversal, Elliott Wave, and so forth.


Learning technical analysis means having to understand how to use indicators such as Moving Average and RSI. However, technical analysis and indicators are not 100% certain. Market conditions can change at any time and no one in the world can know what will happen in the future. Therefore, the results of technical analysis and fundamental analysis are "estimates", and traders must always be prepared to face the possibility of wrong prediction.



Monday, March 9, 2020

Bitcoin as Safe Haven






Bitcoin as Safe Haven
Safe haven is an investment asset that has a low level of risk, when the global economy is uncertain or there is geopolitical turmoil. ... That is, safe haven assets are assets that are used as an escape when global economic conditions are considered unsafe. Examples of Safe Haven Assets There are several types of safe haven assets today, including US government bonds, gold, silver, land and property, Japanese Yen and USD.

Can Bitcoin be used as a Safe Haven?
Bitcoin is often referred to as a risky asset, because Bitcoin was born, about a decade. In many ways, the risk profile of Bitcoin resembles the startup company in its early stages. So Bitcoin as a safe haven takes a long time.

In many ways, Bitcoin is the best safe haven asset. He can "take care of himself". So when the traditional system goes bad, Bitcoin can be relied upon. If there is war or political turmoil in a country, many rich people in the country will buy Bitcoin as a safe haven. The reason is that Bitcoin is open and unlimited, accessible to anyone, with a relatively liquid market in every country in the world. Bitcoin is clearly relatively resistant to censorship, meaning that no government or any institution can directly prevent Bitcoin transactions. Bitcoin has a fixed and clear supply of gold.


Other experts say that until now Bitcoin is not a safe haven asset, especially when the stock market falls due to fears of the Corona virus outbreak, because the value of crypto assets, like Bitcoin, is very difficult to measure. In contrast to stocks, especially bonds, however, in crypto assets such as Bitcoin and Ether, it is really very difficult to measure its value. The main cause is that crypto assets do not have fundamentals. Except for the network itself, because users on the network judge Bitcoin themselves when making transactions. But, the need for the transaction was merely speculative in nature.

When other assets are considered more valuable such as gold and sovereign debt in the US, holders of Bitcoin and other crypto assets tend to sell their reserve assets. This means that crypto assets are considered more risky than the stock market, due to an unexpected Corona virus outbreak. So far, Bitcoin is not a safe haven asset, because we don't have enough historical data to measure it. Later, when the market gets wider, then we have many considerations to review it again.

In the future, when sentiment in the capital market is as negative as it is today, crypto assets, including Bitcoin, potentially behave similarly.







Saturday, March 7, 2020

What is a Privacy Coin?






What is a privacy coin?
A Privacy Coin is a coin when making a transaction, the sender's address and the recipient's address are not visible, with an unclear number of transactions, so it is an anonymous transaction system. Those who can see the transaction are only the first and second parties.

Is monero illegal?
Monero has been classified into categories of illegal activities, including mining malware, money laundering, and illegal web purchases. Currently the regulators will make laws against Monero and other anonymous cryptocurrency such as Zcash and Dash.

2 Types of Privacy Coins
There are two types of privacy coins, namely full anonymous and partial anonymous. In full anonymous there are no details of either the transaction or the number of coins. While in partial anonymous there is some information that can be seen by the public. 

The biggest problem with Privacy Coins is that they are easy to use for illegal activities. This of course sparked fears and suspicions from the governments of all countries. Anxiety is indeed reasonable, because Privacy Coins dominate transactions on the Dark Web or Dark Online Market.

Full anonymity carries inherent risks, but so does complete transparency. If the balance of each crypto owned by someone is public information, there will be many attempts at theft by hackers. A person's crypto balance should not be information that can be known by the general public. Privacy Coins have many benefits besides hiding our information and transaction data. This coin protects users from others who want to target them as crime targets, such as theft. Recently, incidents of hacking in the crypto market have increased sharply, because their targets clearly have large funds. For privacy coin users, they can hide their crypto balance so they are free from theft targets.

What Are Transparency Coins? The opposite of Privacy Coins is Transparency Coins. Transparency Coins allow other people to find out how much coin balance we have. An example can be seen in Bitcoin. With the Bitcoin explorer site, everyone can find out what Bitcoin balance we have and all of their transactions just by knowing the Bitcoin address. Because the crypto currency (Bitcoin) is indeed decentralized to the public. Because it is also recommended to change the Bitcoin address every time after entering into a transaction.

Until now, many countries still prohibit crypto and privacy coins. but many countries also do not forbid the circulation of crypto money completely, but only forbid using crypto as a medium of exchange.

Why many exchange delisted privacy coin?
In addition to government regulation, there are also many Crypto Exchange delisted Privacy Coins from their inventory list, this is merely to comply with government regulations as well as with international anti-money-laundering standards.

Now many types and names of Privacy Coins are available. But of the many currencies on the crypto market, only 5 The following privacy coins take the lead with considerable adoption: namely: Monero, Zcash, Dash, PIVX, and NavCoin



Monero (XMR)
Monero (XMR) was launched in April 2014, as a result of Fork from Bytecoin. The aim is to create an untraceable currency. XMR utilizes CryptoNote technology, Ring Signatures, Ring Confidential Transactions, and Stealth Addresses. This utilization provides multiple layers of protection to support anonymity, because each layer of protection creates more privacy for the sender and receiver.

CryptoNote is an open source protocol that allows increased privacy. Most other crypto uses a permanent signature to verify the transfer. CryptoNote specifically uses the Ring Signature that covers the sender's signature. While Ring Confidential Transactions (RCT) cover the amount of funds transferred through a unique technology. In September 2017, this feature was added with a hidden address so that the level of privacy is higher. Extensive privacy features in XMR coincide with the adoption of Monero as a Dark Web utility token. This can provide the foundation for becoming one of the top crypto currencies. If XMR is able to improve its image in the public eye with several new features so that it is not used as a crime utility, of course the adoption of XMR will be even more mainstream. At present, XMR is trading at $ 272, with MarketCap at $ 1,123,185,393 and Circulating Supply 17,473,680 XMR. At Coinmarkaetcap, Monero ranks 15th out of 1,519 other crypto coins.



Zcash (ZEC)
Zcash (ZEC) Zcash (ZEC) is a Bitcoin forked privacy coin, so it uses the same algorithm as bitcoin but has few privacy features. The main privacy feature is the zero-knowledge Succinct Non-Interactive Arguments of Knowledge proofs (zk-SNARKs). Users can enable transparent or private addresses. However, if a user does not activate the privacy feature, it could endanger the overall security of the network. At present, in Coinmarketcap Zcash (ZEC) Rank 27 with MarketCap of $ 464,308,993 USD or 52,726 BTC, Circulating Supply 9,293,419 ZEC, and Max Supply 21,000,000 ZEC.



Dash (DASH)
Dash (DASH) is the most widely used Dark Web currency. Dash Transactions are not automatically protected in Private mode, DASH allows users to decide for themselves, when to use Private mode or not. DASH has two main transaction features, namely Instant Send and Private (Dark Send). Users can have an optional system, which allows for anonymous or non-delivery. Because DASH facilitates more transparency and anonymity on one platform, the possibility of adoption is greater than Monero. At present, in Coinmarketcap Zcash (ZEC) Rank 19 with MarketCap of $ 815,953,210 USD or 92,599 BTC, Circulating Supply 9,369,203 DASH and Max Supply 18,900,000 DASH.



PIVX (PIVX)
PIVX (PIVX) is a privacy coin and operates on Proof-of-Stake (PoS). PIVX users can run the master node which helps keep the network running smoothly. PIVX supports personal and instant transactions. Transactions can be made completely anonymous, preventing the discovery of one's real world identity by analyzing blockchain. At the moment, Rank156 PIVX (PIVX) Coinmarketcap with MarketCap is $ 20,141,607 USD or 2,284 BTC, Circulating Supply 56,781,166 PIVX.



NavCoin (NAV)
NavCoin (NAV) was forked from Bitcoin. NavCoin can solve big problems often found on blockchain such as Transactions published on blockchain that can be accessed by anyone will be very vulnerable to hackers. Many blockchain uses "roll backs" as a solution for data vulnerability. NavCoin can reset the blockchain to the point supported after breach data, meaning transactions made leading up to the roll back are erased. Currently, at Coinmarketcap NavCoin (NAV) Rank 415 with MarketCap $ 6,698,167 USD 759.17698902 BTC and Circulating Supply 68,061,817 NAV




List of Privacy Coins
Cryptocurrency that can hide the user's identity, wallet balance, transaction or transfer amount.



Friday, March 6, 2020

The Best Crypto Trading Simulator






The Best Crypto Trading Simulator for Novice Traders
Becoming an expert crypto trader is not easy. we must have knowledge and experience. as a novice trader of course we have a lot to learn about cryptocurrency and the world of trading, knowing the prospects and price developments to create a precise trading strategy in order to get profits. both through sites, and videos, after getting enough knowledge we can practice on the crypto trading simulator, before you do real trading. Here are some simulators that can be used as crypto trading practice:

BitMex
BitMex, which allows you to trade crypto asset futures contracts such as Bitcoin, ETH, ADA, also allows people to practice crypto trading through a demo account. Their trading simulation account provides most of the features and tools provided in real trading and is available in Chinese, English, Japanese, Russian and Korean.
Visit the BitMex site

Coins2learn
Coins2learn also provides a crypto asset trading market simulator that has all the features and real trading tools for free. Coins2learn will also provide two basic currencies in their markets: the USD and BTC markets with different pairs. The entire market provides around more than 60 pairs including the most popular ones namely BTC and ETH. Visit the Coins2learn site

Bitsgap
Bitsgap is a professional crypto asset trading tool but also has a trading simulation feature that allows you to simulate an exchange of crypto assets, all with orderbooks, and gives you a free demo trading account (14 day trial period) and real market data to learn how to become a professional trader . With professional trading tools and demo trading tools or crypto trading accounts, you get quite a number of features that you will encounter in real crypto currency exchanges. You will also have trading bots, arbitration, portfolio management tools, as well as the ability to pull crypto pairs information directly from different exchanges such as Kraken and Bitstamp.
Visit the Bitsgap website

Altcoin Fantasy 
Altcoin Fantasy is a trading simulator that allows you to practice or simulate trading in various cryptocoin including Bitcoin, Ethereum and XRP. The platform works more like a trading competition platform. After you register for an account, you get virtual USD in your account, which you can use to build a portfolio or simply. A portfolio is a number of coins that you are interested in and want to trade on the exchange. Altcoin Fantasy also includes materials and guides that can help you learn how to trade from the start and learn many other issues about crypto assets. Visit the Altcoin Fantasy site.


Google Play Store

Simulator — Cryptocurrency trading
Cryptomania is a great app for learning the basics of crypto currency investment. It is ideal for beginning traders and investors.
Cryptomania allows trading without mandatory registration and gives you an account in the stock trading simulator, interactive charts and educational material.
Visit this application



Auctus - Crypto Trading Simulator
Stay ahead of the competition with Auctus Trading
Discover, follow the best traders and learn from them Make better trading decisions with our market sentiment tools Charts powered by Trading View Compete for prizes! Earn AUC daily by making the best trades Practice your strategies with Auctus Trading Simulator. Visit and install this application



Those are some trading simulators that you can use to start learning crypto asset trading including Bitcoin. Improve your skills, develop your strategies, and learn from your mistakes with their free crypto trading simulator and professional chart analysis tools. Interested? Please try.

Good Luck!


Thursday, March 5, 2020

Stablecoin Will Be the Main Stream of World Finance








Stablecoin Will Be  the Main Stream of World Finance

What is Stablecoin?
Stablecoin is a type of cryptocurrency that has a value, is almost unchanged and will not be affected by market volatility, because Stablecoin was created peged with gold or fiat money like USD, Euro etc.

Why are stablecoins important?
Because stable coins will be very useful for swaps quickly between cryptocurrency and stable assets, such as USDT, USDC, PAX, DAI, etc. For example, if a Bitcoin holder estimates that the price of BTC will fall then he can immediately exchange BTC with Stablecoin to keep losses. Because there are some exchanges that do not provide fiat money but provide Stablecoin.

Stablecoin is said to have the opportunity to become the main stream of world finance, thanks to the superiority of the blockchain technology pioneered by Bitcoin in 2008.
Satoshi menyebutnya sebagai Sistem Uang Tunai Elektronik Peer-to-Peer. Sebutan sistem itu pun disederhanakan oleh Hal Finney menjadi “block-chain” atau “blockchain”. Namun, hingga 11 tahun kemudian masih sedikit yang mampu menjelaskan blockchain dengan tepat.

Bitcoin as a new form of electronic money is not meant to be "stable" like the US dollar or Yen and other money issued by the state (fiat). Because, Bitcoin is the antithesis / opponent / opposite the ordinary money concept.

No wonder the price of Bitcoin is very volatile, because it is in a free market space, without any state control and central control in it. That's what explains that most people are not ready or may never be able to apply Bitcoin or other crypto assets in everyday transactions (at least as wide as the use of US dollars), let alone to pay employee salaries.

Based on blockchain technology, currencies issued by the state (fiat money) can be represented digitally. We commonly call it tokenization.
This is where the concept of stablecoin was born, such as the United States Dollar Tether (USDT), which is worth one unit as the value of one unit of real US dollars: one to one.

The combination of blockchain and fiat money, is now actually changing the way the world's finances work: from expensive to very cheap, from 3 days of cross-country shipments to a fraction of a second and a number of other advantages compared to banking services or PayPal.

China developed its fiat currency, namely the yuan, so that it was purely digital. Here we are introduced to a new concept, namely Central Bank Digital Money aka CBDC (Central Bank Digital Currency).

European Central Bank President Christine Lagarde said there was high demand for stablecoin on the market, and the governments of the European Union countries must be prepared. When Christine was still in charge of the IMF, she revealed the same thing, so that central banks in all countries utilize blockchain technology or sometimes she often referred to as DLT (Decentralized Ledger Technology).

Crypto currency activists are optimistic about the ability of the blockchain to revolutionize the financial future. Nevertheless, there are a number of shortcomings that turned out to be very impactful so as to make crypto adoption slow, such as regulation and theft in the crypto asset exchange.


Top 5 Stablecoins of 2020
However, the position of stablecoin directly depends on the situation with the asset that supports it. For example, if the dollar rises in price, the value of the coin tied to it will increase. If it goes down, then it will also drag the digital analog down.


1. Tether (USDT)
With a market cap of $4,662,679,737 USD or 512,695 BTC, Tether is not only the largest and most well-known stablecoin, It is pegged against the US dollar and maintains a 1:1 ratio in terms of value.

2. USD Coin (USDC)
USD Coin founded 2018 and created by Coinbase exchange and Circle company. Pegged toUS Dollar in a 1:1 ratio and is available on all the major crypto exchanges. Market cap: $437 960 448.

3. Paxos Standard Token (PAX)
Founded: 2018 and Launched by the Paxos Trust Company backed by the US dollar in a 1:1 ratio. Market Cap $189,022,595 USD or 20,818 BTC. Circulating Supply 188,531,175 PAX

4. TrueUSD (TUSD)
Founded 2018 Pegged to US Dollar, 100% is secured by US dollars. Today, TUSD ERC-20 token is the best stablecoin on Binance. Market Cap $137,764,349 USD 15,155 BTC. Circulating Supply 137,359,276 TUSD

5. DAI Stablecoin
Dai is backed by Ethereum-based smart contracts with redundancy. Founded: 2017 Pegged to US Dollar Market Cap $21,566,621 USD 2,374 BTC. Circulating Supply 21,444,688 DAI



The Impact of Bitcoin on the World






The Impact of Bitcoin on the World
The growth of Bitcoin can reach 9 million percent in a period of 10 years, Bitcoin is increasingly affecting the world's finances. Considered a free market ideology, because there is no single and centralized entity that controls it, Bitcoin rocked the traditional investment ecosystem, ranging from gold, crude oil to stocks. Bitcoin is in the lead. On top of that, here are some of the effects of Bitcoin on the world:

1. Speculation.
As a new asset class supported by computer programs and cryptography, Bitcoin has value and price. Because of this, Bitcoin has the potential to be appreciated as a high-volatile asset. Of course this is suitable for speculators who are ready to tolerate a very high risk.

2. Trader Adoption.
Bitcoin traders will increasingly adopt Bitcoin, because they can add cuan by avoiding transaction costs using credit cards or other types of payment technology. Bitcoin and a number of other blockchain technologies do offer efficiency: fast, cheap and global scale.

3. Consumer Adoption.
Bitcoin can be used by consumers to save money in certain stores. In addition, consumers can buy goods that are not easily bought if without Bitcoin. For example, Americans can buy Persian carpets or Cuban cigarettes despite an economic embargo. Bitcoin increases economic efficiency, especially in special areas like this.

4. Security.
Adoption by traders, consumers and speculators has resulted in higher prices, thus becoming an incentive for more Bitcoin miners to continue to participate and secure the Bitcoin network. This is reflected in the Bitcoin hash rate that continues to rise. The nature of storing a transaction history that is decentralized and cannot be tampered with actually increases the trust and accountability factor in the system. Nothing in the financial security system as before.

5. Research by Developers.
Bitcoin is a computer network that is easily predicted by simple rules and source code that can be audited by the public. This is fertile ground for the development of algorithms that are more complicated than Bitcoin, machine-to-machine payment protocols, smart contracts and a number of other business opportunities. The decentralized nature of blockchain in general is increasingly paving the way for innovation without having to ask permission. Altcoin like Litecoin (LTC) and Ether (ETH) does not actually threaten the position of Bitcoin, because Bitcoin has become the dominant store of value and a medium of exchange in the crypto sector, with all its "flaws".

6. Finance. 
Bitcoin will continue to consume more traditional banking market share in sectors such as money transfers, micro payments, peer-to-peer lending and stock trading and other forms of securities. This process has already taken place such as NASDAQ's support for Open Asset / Colored Coins for securities transfers, and also the New York Stock Exchange's investment in the Coinbase crypto exchange. Traditional banks are endangered, if they don't adopt protocols like Bitcoin.

7. Adoption as a world currency. 
All transactions will eventually be completed on the blockchain, including land titles, share ownership, motorized vehicle ownership certificates and other financial instruments and currencies. "Network effects" from the first to the sixth impacts above produce the seventh effect. Newcomers to the crypto world, even traditional money, must defeat Bitcoin in all seven aspects.

This is almost impossible considering the pace of development of Bitcoin Core, the level of investment in Bitcoin businesses around the world, the growing base of Bitcoin users and others. Increasing prices will only speed up this process. Speculative attacks can make the price of Bitcoin rise dramatically in just one night.




Wednesday, March 4, 2020

How to Choose Crypto Exchange?






How to Choose Crypto Exchange?
Choosing a crypto exchange is the first step to enter the world of crypto transactions both to trade, exchange, buy and sell cryptocurrency. So choose a platform to be careful to avoid losses such as fake data, hacking and theft. When choosing an exchange, keep in mind that the exchange must suit your needs, the speed of withdrawal for arbitrage trading, or maybe you want an exchange that supports certain altcoins, trading pairs, and additional features such as margin trading or over-the-counter (OTC) transactions. Below there are a number of factors to consider when choosing a crypto exchange:

1. Site Address https or http
Exchange site address must be by https, avoid exchange site address only with http.
HTTPS has advantages in the security field because HTTPS uses Secure Socket Layer (SSL) or Transport Layer Security (TLS) as a sublayer under the usual HTTP application layer.

2. Reputation
The Cryptocurrency industry is still new, so seeing the exchange's reputation is very important. Because many exchanges are involved in crime, hacking and fraud. Therefore, it is important to conduct research between existing exchanges. You can search through Google or social media, or leave a crypto forum to see if there are complaints from users, then evaluate your research results. Which exchanges have roughly a good and trusted reputation

3. KYC / AML
Know Your Customer (KYC) and Anti-Money Laundering (AML) are factors that you must pay attention to in choosing an exchange. Both of these require prospective users to submit personal information during the account creation process. These practices and requirements vary from one exchange to another. Some platforms even require KYC and AML to withdraw funds and lift certain restrictions, then users are required to provide a copy of a photo or sometimes some ask for proof of residence. Many crypto exchanges now also prohibit customers living in certain countries.

4. Security
Each exchange must have its own security method. Check to see if the exchange offers two-factor authentication (2FA). If not, then the exchange may not have the appropriate security standards. Then, look at the type 2FA that is compatible. There are Google authenticator, Authy and Yubikey which usually offer better security capabilities compared to 2FA based on cellular text. Each exchange also has various other security measures that might be worth considering.

5. Fiat Currency Exchange
We need exchanges that are compatible with fiat currencies. This is to facilitate transactions, for example to buy Bitcoin with fiat currency or melt crypto assets into fiat currencies and so forth. Some exchanges have different fiat options and have partnerships with certain banks. Check that the fiat and bank currencies provided suit your needs.

6. Volume
You can see the number of participants in the exchange at a certain time and the amount of each asset being traded. This aspect is important because it affects how easily users can enter or exit. For example, if there is a trader who sells 100 BTC, he might not be able to do it on an exchange with a small number of users, this could force a trader to sell his assets at a lower price on the exchange. Seeing the number of crypto exchange users is indeed not easy, because sometimes the information provided is false. One way is to be able to check through third-party websites that provide information about this data. For example, Coin360, CoinMartketCap or OnChainFX.

7. Price
The price of crypto assets can vary on various exchanges. Crypto assets can be traded cheaper or more expensive in an exchange. Noting this difference can be a factor in choosing crypto exchange, especially if you focus more on altcoin. The price difference that is too far away can also be a sign of danger that the exchange may suffer because of low liquidity or volume.

8. Leverage trading
Derivative exchanges often offer leverage trading. The trade basically allows traders to borrow a certain amount of funds in order to trade based on the amount of funds they have on the exchange. Leverage may be important for traders who want to enter short-term positions with greater. Some exchanges have various rules about this leverage.

9. Fees
Most exchanges charge a small fee for trading. The fee varies by platform, and is usually based on the percentage of each trade. Some exchanges also have a withdrawal fee. Because it's important to know how much is the cost of each transaction so that your budget stays appropriate.


10. Crypto Assets Available
Each exchange usually provides famous digital assets such as Bitcoin, Ethereum (ETH) and Litecoin (LTC). But there are also those who provide coins or other small tokens. Therefore, it is important to know what crypto assets are offered by the exchange so that you can choose the most appropriate.

11. Local Exchange 
It is recommended that you use exchanges from the same country where you live because it can make it easier to comply with changes in regulations. exchange is also available with local fiat money. You can use a global exchange that accepts all countries.

12. Transparency 
Do you know the admin or owner of the exchange, address and team members. Transparent exchanges also publish their cold storage addresses. With no reason to save large amounts of crypto in exchange, you should only save crypto amounts only for trading. Therefore, it is better to save your remaining bitcoin in your personal wallet.

13. Insurance fund
Look at whether the exchange has insurance funds to compensate customers if there are certain circumstances. Moreover, the world of cryptocurrency, including the risk of hacking. Therefore if an exchange company has insurance funds it will certainly make users a little relieved because if their assets are lost due to theft or hacking, users can get compensation or compensation from insurance funds owned by the exchange.


Recommended Cryptocurrency Exchanges 
From some of the factors above Most exchanges differ from one another. Some are designed for beginners, while others are made for wealthy advanced traders. So it should always be remembered that the exchange is very subjective depending on the needs, goals and interests. Nevertheless, some of the best cryptocurrency platforms include:


Binance
Binance is an excellent exchange for seasoned crypto traders looking to move cryptocurrencies at a low cost. It has some of the lowest fees in the industry, while its platform is capable of handling a large volume of trades without suffering a significant slowdown in transaction times. It doesn’t offer fiat currency trades, but it does list over 100 cryptocurrencies, giving customers plenty of choices.




Coinbase
Coinbase is the world’s biggest and one of the best-known crypto wallet and exchange.
A beginner-friendly gateway exchange which offers one of the fastest ways to buy cryptocurrencies. Besides, you can access it via your smartphone, which makes it one of the most convenient cryptocurrency exchanges for crypto market beginners.


Changelly 
Changelly - a non-custodial cryptocurrency exchange that allows you to buy and sell over 150 cryptocurrencies using your bank card, transfer or other cryptocurrencies. It is simple, secure, fast, and super convenient. But is it a legit exchange? What are its fees compared with other instant exchanges? We also review Changelly’s key features, perks, how it works, where is it located, what coins does it support and other interesting facts about this cryptocurrency exchange.

ChangeNOW
ChangeNOW is an instant Crypto Exchange is a non-custodial that allows you to change over 200 cryptocurrencies. Very safe, ChangeNOW does not control your crypto assets. They don't store your funds or require registration. Not require any KYC. Very easy it is to buy bitcoin via ChangeNOW. Support Visa and MasterCard for fast and easy fiat-to-crypto purchases.










Friday, February 28, 2020

Bitcoin Investments for Retirement






Bitcoin Investments for Retirement
Retirement is a period that all employees will experience, You must have thought about when you will stop working and what you will do when you retire. So from now on you have to seriously consider it. Investment is one solution that will allow you to improve your financial situation by adding to the pension that you will receive once you stop working. You have heard people advise you to invest in real estate, the stock market or other markets in the traditional financial world. This solution is still relevant today but I think you should complete your approach by including Bitcoin in your mind.

In this post, I will explain why Bitcoin is one of the investments that you should consider as the best preparation for your retirement.
First, you need to understand that Bitcoin is a multi-faceted revolution that goes far beyond financial investment.

Bitcoin is a Revolution of Technology
Bitcoin is already a phenomenal success but its future looks more extraordinary. 1. Security Unlike conventional currencies that are prone to finalization, cryptographic rules that are applied to bitcoin make their owners avoid the same risk. 2. Able to act as a global currency Even though each country has its own currency, bitcoin is still present and entered into it. Bitcoin knows no national borders, is not swayed by political conditions in government, and is not affected by anything. 3. Savings Bitcoin is a new form of community savings that is implemented with a system that is not hassle. In addition, by saving bitcoin, all financial intermediaries normally carried out at banks can be eliminated. The holders also do not need to pay service and registration fees.

You Need to Consider Bitcoin To Prepare Your Retirement Bitcoin is a risk. That is the truth. To be honest, all investments carry a number of risks. However, you must know how to take certain risks to produce a superior investment.

If you are going to take the decision to buy Bitcoin as an investment in retirement later, you must understand and have knowledge about what you are going to do, you will not encounter a big risk. Instead, you will make smart choices based on the results of the past decade and the extraordinary potential of Bitcoin for the future.

Bitcoin Investment Techniques 
Bitcoin Investment Techniques The main investment technique is to buy Bitcoin when prices are cheap and sell them when prices go up. You can buy Bitcoin regularly every month as long-term saving or as a passive trader. As an example of investment, if you routinely buy Bitcoin at the beginning of the month for US $ 100, from January 2019 to July 2019, you can make a profit of more than 200 percent. Or you can also wait until Bitcoin halving will occur in May 2020. Another example, if you start buying 1 Bitcoin on Jan 02, 2020 the price of Bitcoin is $ 6,985.47, then sell it on Feb 24, 2020 $ 9,921.5 then the yield will reach 42 percent .



Basic Analysis for Assessing Cryptocurrency








Basic Analysis for Assessing Cryptocurrency

If you want to know how to assess and analyze a cryptocurrency based on market cap, supply volume, and circulating supply, here are a few things you need to know:
Although these three factors must be known by new traders and investors who can be used in building an investment strategy, you should not only rely on these three factors when assessing and choosing cryptocurrency but you need to pay attention to other factors such as the market potential of the technology used, the credibility of the management and development team, the ability and market competition. In addition, market variables such as regulation and trust.


Volume 
Volume is the number of active trades that occur from a particular coin. for example, if Bitcoin has $ 43,250,000,000 in trading volume, and a price of $ 8,650 means there are around 5,000,000 Bitcoin being actively traded. In general, the greater the volume, the better this is for the coin, because the coin will be easy to buy and sell. If the coin has a low volume, then you have to wait longer to sell and it might be difficult to find buyers at the current market price. So you have to keep the coin longer in the market to get the desired price or lower the price so that it can be sold faster. Volume as a metric is a good way to find out whether a coin is healthy or not, because volume shows the public's interest in the coin and the market liquidity around the coin. For example if this means that the coin is becoming more popular and also more liquid then it has the potential to be a good investment.

Market Cap The market cap of a coin is the total value of all coins in circulation and is one of the metrics used to determine value. The general market cap calculation is the last trading price, or average trading price, multiplied by the total supply of coins in circulation. For example Bitcoin, when bitcoin is traded at $ 8,685 USD multiplied by a Circulating Supply that is 18,242,000 BTC will produce a market cap worth $ 158431770000. However this does not consider trading that occurs on-chains or individual-to-individual transactions.


Circulating Supply vs Max Supply
Circulating Supply is a coin that has been mined or distributed coins and is available for sale. While Max Supply is the maximum supply that refers to the total amount of a coin that has been determined by the coin code or script. (eg Max Supply 21,000,000 BTC)
For example on February 28, 2020 Bitcoin has an outstanding supply of 18,242,337 BTC with a maximum supply of 21 million. by dividing the amount of supply in circulation with Max Supply, you can find out how many coins have been mined or distributed. Bitcoin, for example, means 18,242,337 / 21 million = 0.86868271428 or 87% Means, the number of Bitcoin that has not been mined is 13% and coins that have been circulating will become more valuable as the new Bitcoin inventory decreases.



Thursday, February 27, 2020

Top 10 Bitcoin Enthusiasts Countries





Top 10 Bitcoin Enthusiasts Countries
10 This country is listed in the article which has the most accommodating, therefore this country is called the country of bitcoin. Bitcoin has been recognized as the most effective, cheap and fast global currency.

Here is a list of the Top 10 Bitcoin Enthusiasts Countries
1. Italy,
2. United States,
3. United Kingdom,
4. Finland,
5. Australia,
6. Singapore,
7. Netherlands,
8. Canada,
9. Slovenia,
10. Isle of Man


Bitcoin Country: Merchants Accepting Bitcoin By Continent




List of Countries that Prohibit (Banned) Bitcoin
Prohibition only for not being able to operate freely, stores install accepted bitcoin here, Bitcoin exchange, Prohibition only for offline while online is still widely used by the bitcoin hunter community of the country.
1. Thailand
2. China
3. Taiwan
4. India
5. Germany
6. Bolivia
7. Russia


Why many countries ban Bitcoin
There are various reasons these countries prohibit the use of digital currencies, especially bitcoin. The main reason is that these countries fear the volatility and uncertainty of digital currencies. Another reason is the fear that digital currencies will be used to finance terrorism. In addition, the government's fear of circulation of cryptocurrency and Bitcoin will disrupt the smooth circulation of the economy and profit. The strict rules in a number of countries also make many digital currency enthusiasts who have to go to jail because they are considered against the law, such as in Nepal and Bangladesh.




Crypto Trading Terms





If you want to trade cryptocurrency, it's good to know the meaning of some unique terms in crypto trading. By using it in conversation, you can demonstrate your existence as part of the professional crypto community and an expert in the field of crypto investment.



Addy The term Addy comes from the slang for Address (cryptocurrency public address). Without the need to type the word "Address" that is too serious and long, Bitcoin users simply write the word ADDY.

Ask Price: The minimum price a trader is willing to sell an asset.
Bid Price: The maximum price a trader or investor is willing to buy an asset.

ATH is a short form for "All-Time High", which means a crypto coin has reached the highest price of all time. For example, the price of ATH Bitcoin reached 20,000 USD in 2017.

Bag Holder A term that refers to a crypto buyer when prices are high, and missed the opportunity to sell when the price is still good. They usually will only sell when prices have dropped dramatically and experienced FOMO.

Borrowing Rate is a term when you open a position using leverage, you will borrow coins at a predetermined rate. This value will be added to reflect the true profit and loss value of all your positions.

Breakout Trading is a forex (crypto) strategy  that relies on breaking prices from a key level as a trigger for entry.

BTFD  Buy The F * cking Dip, which is an indication to buy crypto coins when the price has dropped so sharply.

Bitcoin Halvening/Bitcoin Halving
Bitcoin Halving is an event where the reward block is reduced by half. Halving of this reward block occurs every 210,000 blocks. This halving will only occur when half of the supply of coins is already in circulation. Halving will be repeated when the remaining half of the supply of coins is in circulation, and continues to be so in a period of 4 years. And Bitcoin halving will occur around May or June 2020.

Bullish and Bearish. ... The meaning of other terms from the Bullish market and the Bearish market is the designation of the Bullish Market trend (Uptrend) which means the state of the price goes up while the Bearish (Downtren) is defined as the state of the price down.

Buy the dip, Sell the rally. 
In general, we will buy a crypto if the price is cheap and sell it if the price has risen.

BUY LIMIT, SELL STOP, SELL LIMIT 
BUY LIMIT is a Buy Pending Order below the current price.
SELL STOP is a pending SELL order below current prices.
SELL LIMIT is a Pending SELL Order above the current price.

Bull Trap A short price increase, which seems like the start of a bull market, but actually the prices declined even further after that.

CEX and DEX 
Centralized Exchange (CEX) is a cryptocurrency exchange / trading platform organized by a central organization company to provide a meeting place for people who want to exchange cryptocurrency.
Decentralized Exchange (DEX)  This exchange does not depend on companies or services to control the assets of users. Instead, trading or transactions are controlled by automated processes that are carried out with smart contracts. This trade is said to be peer-to-peer or users. Basically the platform acts as a service that connects trading orders with each other to serve customers who want to exchange cryptocurrency (coins or tokens).


Crowdsale is selling tokens to many people
Softcap is the amount of funds raised during a crowdsale.
ICO hardcap is the maximum amount of capital you want to accumulate.

Dead Coin A cryptocurrencies which has been delisted from all exchanges and has no more liquidity on OTC markets.

DDoS This short form of "Distributed Denial of Service" is a unique term in crypto trading, which occurs when a denial of service distribution occurs. This is usually caused by a server that is too busy or symptoms of hacking. Timely DDoS attacks on the exchange during volatile movements can be very damaging, because traders will not be able to execute orders manually and will depend on previous settings.

Exchange is a site where you can exchange cryptocurrency or buy and sell cryptocurrency with fiat money.


Flippening In the currency market, a shift in value is a natural thing to happen. Even though Bitcoin is still the strongest cryptocurrency at the moment, users certainly anticipate the moment of Flippening, the point where Bitcoin will be replaced by another currency as the top digital currency on the market.

Fill or Kill Is a type of Limit Order that needs to be executed. This type of execution can be divided into 2 types, filled (Fill) or canceled (Kill).


FUD is an abbreviation of Fear, Uncertainty, Doubt. interpreted in everyday language is the spread of news whose truth is still doubtful and uncertain to give fear to the layman about the crypto movement. The aim is that market prices fall sharply.

FOMO This short form of "Fear of Missing Out" represents the feeling when you see a crypto currency that is trending, and decides to act quickly in order to take advantage of these conditions. Because crypto trading is still driven more by emotion than judgment, FOMO is a big factor to consider when trading crypto.

Fundamental and Technical Analysis 
Fundamental Analysis is a method of analysis based on issues, rumors, and various events that directly or indirectly have an influence on the performance of a market. Some experts have the opinion that this Fundamental Analysis is more suitable for making long-term decisions.
Technical analysis itself is a technique used to project price trends. This analysis is done by studying market data in the past, such as Price Action and Volume. Technical analysis can be done by various methods such as Price Action, Chart Pattern, or using indicators such as RSI, Moving Average, and so on.

Going Long and Going Short Going long is a term used for profitable margin trading if prices rise. And going short for profitable margin trading if prices decline.

Hedging is a trading strategy to protect traders' funds from fluctuations in currency exchange rates that are not profitable. Hedging provides an opportunity for a trader to protect himself from possible losses even though he is conducting transactions.


Limit Order or Market Order 
Buy Limit Order are orders to buy cryptocurrency at or below a specified price, allowing traders to determine the price they want to trade.
Market Order  is an order to buy or sell at the current market price. For example, EUR / USD was currently trading 1.2140. If you want to buy at this fixed price, you will click buy and your trading platform will quickly place a purchase order at that fixed price.

Margin Trading is a method of buying shares by borrowing some money from a securities company (broker). The loan is guaranteed by collateral (collateral) in the form of shares in the investor's account. ...

Market Capitalization is one way to rank relative sizes of digital currencies. This is calculated by multiplying the Price with the Supply. Market Capitalization = Price X Supply Supply.

Mooning (To The Moon) The term The Moon refers to the price of coins that are soaring sharply. If we hear the word "Bitcoin is in the moon", it means that price projections are being very optimistic. This term is followed by the status of Hodlmoon, a crypto trader who holds a coin until the price jumps as high as the moon.


Pump and Dump 
Pump aims to force (in this case) the price of a coin to rise unexpectedly. This serves to create a panic. Yes, panic to buy! This (pump) is not always tied to a group. One can even create a buying panic at an exchange. Of course, with enough money. When prices peak, traders who do Pump and Dump will sell all of their Bitcoin, causing prices to plummet and harming other traders who haven't had time to sell their BTC.

Shill is the act of promoting the purchase of coins in the public media. Traders who buy coins have an interest in the hope of sparking public interest in certain coins. When people 's interest in the coin strengthens, Shill' s actors sell their coins to make a profit for themselves.


Signal trading, information that tells traders when to buy or sell

Spot Trading & Margin Trading 
Spot Trading purchased is the value of the item. Yes the most easy example of bitcoin, which certainly all know if buying at a low price continues to sell more expensive is profitable, and vice versa. While the Margin Trading that is purchased is a contract, where the profit / loss obtained is calculated from the difference in the purchase price times the value of the contract, which is called a lot.

Stop-losses and Take profits 
Stop Loss is the value of the lowest price limit specified to limit losses. When price movements touch this value, the system will automatically close the order or position. For most traders, the decision to place a stop loss is an uncomfortable choice. Why? because it means they have received the losses incurred. However, each trader has the right to decide for himself which trading model is most suitable for him, either by using stop loss or ignoring it, it returns to the trading strategy used by each trader.

Take Profit is used to limit the profit that will be earned. If an order that is profit is affected by this limit, the position will be closed automatically. Maybe for some people, obtaining high profits without giving limits will bring in more profits. However, the main purpose of Take Profit is to secure profits. Of course, in determining this Take Profit should refer to the analysis that has been made, so that the level of Take Profit that is set can also be realistic.

Volume Coin is the total transaction of a coin in the market bro, the greater the volume indicates that the coin is a lot of buying and selling transactions. If you want to get profit from trading, try to find coins with volumes above 300 btc per day. because coins with large volumes of risk are small manipulations so it will not affect dump / pump.


Wash Trading
Wash trading is when two parties trade between themselves to make a price movement appear. For example, if A has a coin with a supply of 1 million coins and we sell to B for $ 5. Mean market to be $ 5 Million. Then B sells back to A 0.5 coin for $ 5. Means the current market cap has doubled. If A sells again to B 0.25 coin for $ 5, the market cap is now $ 20 million. So, in these three transactions, we can increase the market cap by 400%. Although this is illegal in other markets because it is a price manipulation, in the cryptocurrency market it is common practice for many people.