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Ether (ETH) is reaching a make-it or break-it point as the network moves away from proof-of-work (PoW) mining. Unfortunately, many novice traders tend to miss the mark when creating strategies to maximize gains on potential positive developments. For example, buying ETH derivatives contracts is a cheap and easy mechanism to maximize gains. The perpetual futures are often used to leverage positions, and one can easily increase profits five-fold. So why not use inverse swaps? The main reason is the threat of forced liquidation. If the price of ETH drops 19% from the entry point, the leveraged buyer loses the entire investment. The main problem is Ether’s volatility and its strong price fluctuations. For example, since July 2021, ETH price crashed 19% from its starting point within 20 d...
The heavy involvement of the sports ecosystem is what expedited nonfungible tokens’ (NFT) mainstream adoption as the teams and players leveraged the technology for fan engagement. However, sports fans revealed their interest in moving beyond the hype and making investments based on knowledge about NFTs and trust in the issuers. The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies. A study released by the National Research Group (NRG) revealed an openness among sports fans to learn about NFTs as they await a greener market. Number of daily NFT sales between June 2021-June 2022. Source: NonFungible In June 2022, NFT sales plummeted to one-year lows...
I was a pretty lost and reckless high school student back in the day, but I was lucky, too. I’d managed to get into the High School of Music & Art (one of nine specialized high schools in New York City where you have to pass a test to get in). I was a voice major, which for me meant singing tenor in chorus. And I wrote songs on the piano, which meant an elective composition class on Fridays and bringing a new song in every week. All of us who got into the school knew how lucky we were to be there, which could make us competitive, but also collegial and empathic. And because music was vital to any kid in any high school at that time—a school’s music curriculum would sometimes be their only motivation to go to school at all. My own experience in high school and later, majoring in music (...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent.