Hot vs Cold Wallet: How Do You Store Your Crypto?

Hot vs Cold Wallet: How Do You Store Your Crypto?

It doesn’t really matter whether you are a big time investor that has their whole fortune invested in crypto, or you’re just a college student who is stacking satoshis, storing your crypto is very important. Since this industry doesn’t work with banks to fall back on, you are the one that’s responsible for making sure that everything is set in place. You are the one that’s supposed to facilitate your everyday transactions, your long term investments and anything in between those two. To store your crypto, you need a wallet. Now, these wallets come in many shapes and forms. We’ll display your options and help you out with making a choice. 

What can you do when holding your tokens?

What Can You Do When Holding Your Tokens?

Anyone that has been around for a while has seen the prices of many coins go up and down. A conservative trader might not trust the cryptocurrency industry and will not find it a suitable asset class to invest in, but many of the younger generations saw the fortunes coming their way. In reality, loads of people did profit from this new industry but others have lost quite some money over time. The thing is, if you don’t sell it’s not considered a loss, right? There are a lot of people who have invested big amounts into projects that have turned out to decrease in terms of price. That moment you either sell all your tokens for a big loss or you hold the tokens in the hope that the price will gradually increase over time. In the second option, there are some opportunities to benefit from the fact that you’re holding the tokens. You do not have to simply hold them in a wallet and wait, there are more options. 

A description of what masternodes are, how you can benefit from them and how you set up your own masternode

Masternode. A Guide for Beginners.

If you have been active in the blockchain industry for a while now, it’s quite possible you have heard the terms ‘mining’ and ‘nodes’ before. These are the two parts of the core technology behind a blockchain. A blockchain is basically a huge network consisting of many different nodes with miners contributing to these nodes. The miners get a financial reward for contributing to the network, whereas in some cases nodes do not. This changes however when we start speaking about masternodes, a simple variation that many projects have introduced in order to stabilize and secure their network. There is financial compensation for running your own masternode, but it does come at a price. We’ll have a look at the fundamentals for what a masternode is, what can it bring you and how could you start running your own one.