Cryptocurrencies: A Transformative Force in Finance

Posted in Crypto 10:04 Apr 22, 2024. (more posts in Forex, Stocks)

Introduction

Cryptocurrencies have emerged as a transformative force in finance, reshaping traditional banking systems and opening up new avenues for investment and financial transactions. This article delves into the journey of cryptocurrencies, their profound impact on the financial landscape, and the promising future they hold.

The Genesis of Cryptocurrencies

In 2009, Bitcoin, introduced by the enigmatic Satoshi Nakamoto, pioneered the concept of decentralized digital currency. Bitcoin's blockchain technology offered a secure and transparent platform for peer-to-peer transactions, free fro...

NASDAQ100 Index Fund Introduction

Posted in Stocks 12:04 Apr 07, 2024. (more posts in Forex, Crypto)

Introduction

The NASDAQ 100 has historically been regarded as the tech-laden index & has seen a constant upward trends over the last 5 years, with the following ticker symbols, AAPL, MSFT, GOOG & GOOGL, NVDA, AMZN, META leading the charge to trillion dollar valuations. But is there still value in the index, if one is to look more closely to it ‘without’ the aforementioned ticker symbols. That is usually a hypothetical but what if it wasn’t. What if we were to trade the individual stocks within the NASDAQ 100 based on merit. Is value for 3x, 4x, or 7x returns still lingering about?

Standalone C...

Read more ...

Forex Trading Basics

Posted in Forex 7:04 Apr 07, 2024. (more posts in Stocks, Crypto)

Introduction to Forex Trading

Forex trading, short for foreign exchange trading, is like playing a global game of "I'll trade you this for that." But instead of trading toys, you're trading currencies. The purpose? To profit from the constantly changing exchange rates between different currencies.

Currencies can be both bought (or a 'long' position taken) or sold (a 'short' position). When buying, we profit from the currency moving upwards, whereas selling a currency pair means we profit if the currency pair moves down (similar to shorting stocks).

Definition and Purpose of Forex Trading

Forex...