CryptoBasics

CryptoBasics

This blog seeks to educate new investors in the Crypto-space. We also discuss different investment strategies.


Blood in the Markets: The One Lesson We Most Need to Learn From the Collapse of FTX

10 Nov 2022 2 minute read 2 comments Bayrd

Over the last few days, the Crypto-Space has been severally impacted by the serious issues surrounding the popular exchange, FTX. FTX was, only a few days ago, the second largest Crypto exchange, and the sudden collapse of FTX has single-handedly set...

How to add GOG coin to your Metamask wallet

23 Aug 2022 1 minute read 2 comments Bayrd

Metamask is more than just a Crypto wallet, it serves as an important bridge and gateway to blockchain applications. In this article I will explain how to add GoG coin to your Metamask wallet. First, I recommend going to https://www.coingecko.com/en/...

Things to know about POAPs

8 Aug 2022 1 minute read 0 comments Bayrd

POAPs are becoming more and more common in the web3 space, with many projects opting to provide them as a reward or to commemorate an event. These can serve as a powerful incentive and are generally just fun to collect.  But what is a POAP, anyway? P...

EIP 1559 Changed ETH in 2021

14 Oct 2021 1 minute read 0 comments Bayrd

Ethereum had a very busy year in 2021. From the boom in NFTs to the growing mass adoption of cryptocurrencies in general, Ethereum is a promising and exciting space to be in right now. Perhaps the most significant thing to happen to Ethereum in 2021...

Presearch: The New and Exciting Decentralized Search Engine

21 Mar 2021 1 minute read 4 comments Bayrd

Presearch is a revolutionary, new, decentralized search engine. Google dominates the search engine space and Presearch seeks to provide fresh new competition. To accomplish this, Presearch rewards users for performing searches on their platform with...

Game flow in Guild of Guardians: What we know so far

16 Mar 2021 3 minute read 0 comments Bayrd

I am extremely excited about the Guild of Guardians project. Built on the blockchain, Guild of Guardians will revolutionize mobile gaming. With a strong social aspect, it will allow me to game with friends and contribute to the success of the guild a...

What is a Non-Fungible Token?

2 Mar 2021 1 minute read 0 comments Bayrd

A major type of asset that can be held on the block chain is something called a Non-Fungible Token, or NFT. But what exactly is a non-fungible token? First, the word fungible. What does that mean? The Oxford dictionary defines fungible as: “(of goods...

Dollar Cost Averaging

1 Mar 2021 2 minute read 1 comment Bayrd

Dollar Cost Averaging is a popular investment strategy that can be effectively used to build a position in an equity or investment. The advantages of Dollar Cost averaging are many, and in the context of investing in Cryptocurrencies, can be an excel...

What does HODL mean?

1 Mar 2021 2 minute read 0 comments Bayrd

No, this is not a misspelling. Although, it originated from one. Hold is a term used in the context of Bitcoin (BTC) and other cryptocurrencies to indicate a buy and hold strategy. HODL has come to stand for ‘Hold On for Dear Life.’ On December 13th,...