Author: dfmines

Ever since Bitcoin appeared back in 2009, the subject of cryptocurrency has been captivating risk-takers and entrepreneurs. However, these days even regular people are considering this investment opportunity. People with money to spare who are usually fans of anonymous betting are willing to buy cryptos in order to make a profit. If you too are interested, you might be wondering whether or not now is the right time for this investment and what is the best way to do it. In case you are new to the cryptocurrency subject and you have a lot of questions, you’ve come to the right place. Make sure to stay on the page if you want to find out whether or not to invest in crypto in 2021 and what is the best and safest way to do this. Should You Invest? This is a question a lot of adult citizens have. Unfortunately, there’s no sure answer when it comes to this question. This is simply because, like other investments, cryptocurrency is also unpredictable. However, even though only 14% of U.S. adults own crypto, around 63% of Americans are “crypto curious.” This is based on a 2021 report done by crypto exchange Gemini. If you too are curious about cryptos, here are the essential things you need to know. How safe is cryptocurrency? Cryptocurrency is one of those “high risk, high reward” types of investments. It’s even riskier to invest in crypto than in regular stocks. The main reason for this is the fact that no one knows for certain whether or not crypto will become a part of our society in the future. Of course, this doesn’t mean this investment can’t bring you a lot of money. However, before you invest, you should consider how much you can risk. If you’re not one for taking risks, maybe this isn’t your cup of tea. This is especially true if you don’t have the nerves for unpredictable fluctuations. For example, Bitcoin has lost roughly 80% of its value in the past, and Ethereum once lost nearly 95% of its value during one year. This can be pretty stressful and if you don’t have the nerves for this, you might not want to invest in crypto. If, however, you find this thrilling and fun, buying cryptos might be the best decision you ever made. How To Invest Safely? If you want to invest in crypto, you have to be careful. In other words, only invest money you can afford to lose. Also, try to build an emergency fund that will help you to survive if the prices of crypto go down. Whatever you do, try not to sell your crypto tokens while the prices are down.   Photo by Priscilla Du Preez on Unsplash

Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into […]

More than any other investment, I find crypto's dips and moons to be less tied to real world events. If the stock market or real estate market crash, there is usually a very easily identifiable real-world reason. You just need to open the news and check the headlines. But with crypto I find that the…
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The beta version of Ethair Market that launched on Monday, November 8th allows sellers to list their items early and get buyers acquainted with the site before their full release. Ethair has no listing fees and is currently available in the U.S & Canada, soon expanding to the other continents. In an effort to entice […]

The latest consensus mechanism upgrade is expected to improve several aspects of the network’s security and key operations while making it even more environmentally friendly.

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Ethereum failed to stay above the $4,250 support against the US Dollar. ETH could extend losses below $4,000 if it fails to recover above the $4,250 resistance. Ethereum started a fresh decline from well above the $4,350 and $4,300 levels. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a short-term declining channel forming with resistance near $4,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate lower if there is a clear break below the $4,000 support zone. Ethereum Price Eyes More Downsides Ethereum failed to stay above the $4,350 support level and extended decline, similar to bitcoin. ETH price declined sharply below the $4,300 and $4,250 support levels. There was also a break below the $4,120 support. It is now trading below $4,250 and the 100 hourly simple moving average. A low is formed near $4,067 and ether is now consolidating losses. An initial resistance on the upside is near the $4,180 level. The first major resistance is near the $4,250 level. There is also a short-term declining channel forming with resistance near $4,250 on the hourly chart of ETH/USD. The channel is close to the 23.6% Fib retracement level of the recent decline from the $4,269 high to $4,067 low. The next major resistance is near the $4,350 level. The main breakout zone could be $4,420. It is near the 50% Fib retracement level of the recent decline from the $4,269 high to $4,067 low. Source: ETHUSD on TradingView.com A close above the $4,420 level could start a fresh increase in the near term. In the stated case, the price might rise towards the $4,600 level. Any more gains could lift the price towards the next key hurdle at $4,750. More Losses in ETH? If ethereum fails to continue higher above the $4,250 and $4,350 resistance levels, it could continue to move down. An initial support on the downside is near the $4,080 level. The first key support is now forming near the $4,050 level. A downside break below the $4,050 support might push the price below the $4,000 support. The next key support is near $3,850. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 30 level. Major Support Level – $4,050 Major Resistance Level – $4,250

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Messaging apps are everywhere – over 3.1 billion people around the world use them, sending more than 140 billion messages every day. Their ubiquity, size, and the value they deliver to their users have often converted into stratospheric market valuations: Whatsapp was acquired for an unprecedented $19 billion in 2014, after being launched only 5 years earlier. At the time of acquisition, Facebook paid $42 per WhatsApp user. Telegram, launched in 2013 by Pavel Durov, has over 500 million users today and recently rejected an investment offer valuing it at $30 billion. Skype, one of the first VoIP services, was sold to Microsoft for $8.5 billion in 2011. The growth of mobile messaging apps shows no signs of stopping: the number of mobile messaging app users is projected to increase by over 10% by 2025, an additional 300 million people. While the growth has been phenomenal, it has brought to light a series of previously unknown dangers to the privacy, finances, and personal safety of mobile phone users: Data Sharing Violations – The EU’s privacy watchdog fined WhatsApp €255 million for data processing and data sharing violations in September 2021. Cyber Theft – Cybercriminals have used Telegram’s chat scripting tools to hack bank account data from other users. Private Data Theft – The private data of 533 million Facebook Messenger users was leaked online in April 2021. Spyware – Hackers were able to insert spyware software in the phones of WhatsApp users, enabling them to listen to private conversations. Blackmail – WhatsApp users have been warned that even if they delete messages, these can be retrieved by hackers and used to blackmail them. Traditional mobile carriers are not safer, either. Syniverse, used by T-Mobile and Vodafone among others, revealed that hackers have been accessing billions of text messages from its database since 2016. With the accelerated boom in data transmission, the privacy of user data and communications will be more and more in danger. The world is desperately seeking a messaging solution safe from hackers, cybercriminals, and government interference. By leveraging the latest Blockchain technology, a group of visionary tech developers has finally developed it: Secretum. Secretum: Using Blockchain To Start A Messaging & Trading Revolution Secretum is the world’s first and only fully decentralized, encrypted, and secure messaging DApp (Decentralised App), built on the Solana Blockchain. Thanks to its state-of-the-art design, it further enables users to trade crypto assets as easily as sending an SMS. The advantages for users are significant: All messages are fully encrypted and stored on verified nodes in the Secretum network – meaning hackers can’t access them like in cloud-based messaging services like Whatsapp. The most secure and anonymous sign-up process, which only needs the user’s crypto wallet address – no more risks of private data leaks. Staking and rewards with the native SER token for users who message and provide new nodes to expand the Secretum network. An easy, intuitive, and purely P2P trading interface to send and receive cryptocurrencies and Non-Fungible Tokens (NFTs). Record low fees and almost instant trades, thanks to Solana’s capability of 50,000 transactions per second and an average cost per transaction of only $0.00025. By combining a superior messaging app with advanced P2P crypto trading, Secretum’s strategy is ambitious, yet simple – becoming the go-to messaging app of the crypto era. Secretum: Turning Crypto & Messaging Into A Blockchain Unicorn As Secretum’s Blockchain-messaging innovation changes the game in communications, it’s over the counter (OTC) P2P trading capabilities bring unique advantages to crypto-asset owners: Instant Liquidity – Traders are able to contact each other directly and find hidden liquidity in crypto markets – improving execution. NFT Trading – NFTs are booming, with sales surging to $10.7 billion in Q3 2021, up  a staggering 700%+ from the previous quarter: Secretum helps match NFT buyers and sellers, by letting them contact each other via their wallet address – securely, directly, and at the lowest fees on the market. Better Trade Prices – With wallet-to-wallet trading, Secretum stabilizes prices and market flow, eliminating the impact of “whale trades” and their negative impact on prices. Secretum is entering the market as crypto adoption is soaring, with the number of wallets reaching a record high of over 220 million: As more people become crypto wallet owners, they will be able to seamlessly use Secretum for all their messaging needs – essentially the messaging app market merging with crypto. By leveraging its unique trading and messaging capability, Secretum is de facto positioning itself to serve a market of over 3 billion users. The upside of becoming a globally used messaging app is significant – experts estimate that WhatsApp generated between $5 and $10 billion for Facebook in 2020. Achieving Secretum’s vision of a secure and user-friendly communication and trading solution for the entire world, therefore, would give it a more than reasonable chance of becoming the world’s next messaging unicorn.