Bullish Market

Terra – the fiat-pegged stablecoin protocol – purchased another $135 million in Bitcoin on Monday to add to its reserves. This coincides with Bitcoin’s push to $48,000, breaking through the $45,000 that Bitcoin has been under since early January. Terra’s purchase is part of its effort to build a $10 billion Bitcoin reserve to back its US dollar stablecoin, TerraUSD (UST). UST is currently backed by LUNA. However, it is pivoting to Bitcoin to avoid risks of a future debt…

Cryptocurrency markets are characterized by comparably higher volatility than stock markets. As such, a very robust bullish market may suddenly swing to rapid decline. Conversely, a bearish market may also suddenly get an upswing in prices. Due to the comparatively higher volatility, crypto market corrections may catch many traders completely unaware. An investor may suddenly find himself in a position where a previous cash cow loses money rapidly in hours, prompting a divestment. Consequently, the price may swing back up…

For any person involved in crypto investments, the term hodl has popped up at least once. A misspelling of hold first popped up in an old bitcointalk post, the poster declaring he'd hodl his bitcoins no matter the market situation. The word became an instant hit. For any investor, newbie, or veteran, large or small, knowing when hodling is the right decision is crucial to making money. That calls for more in-depth knowledge of crypto trading, which is quite different…