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What is Inflation: Types & Causes Explained
You’ve probably heard more and more about inflation, yet, you may not be entirely sure what inflation is and what causes it. In this post, we’re cutting straight to the chase and explaining everything you need to know about inflation - its types and causes of inflation.Learn more
What Are Stablecoins And How Do They Work?
As global inflation rates continue to rise, more and more people are looking for ways to protect their wealth. One option gaining in popularity is investing in stablecoins. In June 2022, the market share of stablecoins rose to a historic high of 17%, with a market capitalization of $946 billion.
How Safe Are Stablecoins Really?
A stablecoin is a digital currency that is pegged to another asset like Gold, or fiat currencies such as the Euro or the US dollar. The aim of a stablecoin is to provide a more stable alternative to traditional cryptocurrencies, which can be subject to large swings in value. The concept of a digital currency that is backed by a real-world asset has been around for some time. However, it was only with the launch of Bitcoin in 2009 that the idea began to gain traction. Since then, a number of stablecoins have been launched, with varying degrees of success.
Why is investing important & why should you start young
While we’ve been taught the value of a monthly paycheck (and there’s nothing wrong with it), that money is usually spent by the end of the month. By investing a percentage of your paycheck, whether it’s in stocks, real estate, mutual funds, cryptocurrency, or bonds, you can generate a passive income to complement your primary income. And that’s why you should start investing when you're young.