German-born programmer Stefan Thomas has $240 million worth of bitcoin. He bought it a long time ago and held it. When Bitcoin surged, he wanted to cash out. The problem? He forgot his walle’s password. The secure hard drive, on which 7,002 bitcoins were stored, was an IronKey device. It gives owners 10 chances to guess their [...]
https://www.youtube.com/watch?v=-eFSNS-gc3Y If you are unsure on whether or not Crypto trading is for you or you want to get used to our platform or want to test out trading strategies, MDM’s play money account will let you do that with a market simulation. MDM’s play money account allows you to simulate trading using actual market movement but [...]
MDM will continue to provide you with balanced, relevant, and important news, updates, and tips about cryptocurrencies and other investments to help you make better investment decisions. We are not financial advisors. We advise you to consult a financial advisor before making any investments or changing your current investment strategy. What we can do is supply you with [...]
When it comes to investing, time and timing matters. Some investors prefer to buy and hold it until they have to cash it out or retire. If you are that kind of an investor, CryptoIRA is for you. Some like timing the market. They buy and as soon as their assets increase in value, they sell. They make [...]
https://www.youtube.com/watch?v=4k0iBuwhhKQ MDM’s stop-loss order is an automated order placed to buy or sell a specific cryptocurrency once the cryptocurrency reaches a certain price. For example, when you buy Litecoin (LTC) for $180, when the price goes down by 10%, you can automatically sell it. This will limit your loss to 10%. Suppose you purchased Stellar (XLR) [...]
XRP is the world’s fourth-largest cryptocurrency and a digital token created by Ripple Labs Inc. Ripple Labs is based in Silicon Valley in California, and its baby has had a chequered career since its launch in 2012. Unlike Bitcoin, XRP was never intended to be a “currency” but a utility that could be used as a remittance network, [...]
2-min read Diversification. Plain and simple. That’s why people are investing in cryptocurrency. Kent Insley, chief investment officer at Tiedemann Advisors in New York City, said that compounding returns is the key to growing wealth in a portfolio over time, along with avoiding large losses. An investment that declines in value by 50% must appreciate by 100% [...]
People invest in cryptocurrency for different reasons. Let’s go through some of the more important ones.
3-min read There’s bitcoin and then there’s everyone else. That’s the basic premise and definition of “altcoins.” It’s all other cryptocurrency that is not bitcoin. You may be asking why such drastic demarcation exists, and the answer is simple. Bitcoin is the oldest crypto and its blockchain is set up so that only a fixed amount of [...]
2-min read Right now, the Federal Reserve, also known as the Fed, is the only entity that is allowed to print money. That’s a centralized system. They can print trillions of dollars, essentially, out of thin air. And they are doing that right now. With cryptocurrency, there is no single entity that holds the power to print [...]
