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sankalp kumar published in Crypto

A Useful Guide To NFT In Cryptocurrency

NFT

We all hear popular stories going on about Bitcoin, Ethereum, Litecoin, Ripple, and any other crypto coming into the market. While investing in them, you get a thought, and you spend a few dollars. It happens most of the time. Even though cryptos are identical, many people spend the same amount. Now just like you spend on cryptos, you should dedicate your time to learning about NFT. You should know it because it proves the ownership of your virtual holding. Despite cryptos being identical, NFTs(or ownerships) are unique. In this article, you are going to learn what is NFT in crypto. 

 

What Is NFT In Cryptocurrency?

 NFT stands for Non-fungible token that is used to prove ownership of a particular digital item. Beyond crypto-domain, you can implement it for text, image, video, or any other digital content. In other words, it can be digital copyright that describes you have owned a particular item. NFTs have their own value, and that value depends on who has actually created that. For example, if NFT has been created by a popular artist, or if the owner is an experienced investor, it has more worth. Your status surprisingly defines the value of your NFT while having a digital item.  

 NFTs became a hot topic when a notable game Cryptokitties was introduced in the market. Those who do not know about this game should try it. Here, you purchase and breed virtual cats in limited-edition. Crypto innovators took the idea of breed and introduced NFTs. As the years passed, NFTs became popular, and you can now even buy virtual real estate with them. Its importance is growing in the virtual world, which could come to the physical world items after adoption. Exchanging tokens between two parties is undoubtedly a game-changer in several aspects. With this, the market is expanding quickly. 

 

There is a website, NonFungible.com, that monitors marketplaces and projects going on in NFT. The marketplace can have a plethora of all virtual items that can be imagined by us. With so many digital collectibles actually present within the virtual marketplace, the worth has reached about $200 million. The fraction is negligible if we compare it to the total number of crypto assets worth in the market today. More than 4000 virtual assets are operating. Even if this is the case, people are trading with virtual items. After 2021, NFT would observe a sharp growth.  

 Now, if you are a creator of NFT, you have the authority to decide where it will go. You are the one who can make it rare or common. Let’s take an example. As an organizer of a sports event, you have the power to decide the number of tickets to deliver to the people. Here, if you present fewer replicas, that event is worthy one in perspective. On the other hand, if the number of copies is immense, you are just bringing an opportunity for a regular occasion. NFTs could be in the form of bar codes related to the owner itself.  

 NFTs In Gaming And Digital Art

 

Both these areas find maximum use of NFTs from time to time. This is because both of them deal with digital components every time. In gaming, NFT has already got the spotlight. I talked about CryptoKitties earlier. Because you have unique ownership with NFTs, the experience of taking rare items becomes more tangible. Many gaming companies are now getting into the NFT domain to take things further with virtual items. Many other games have emerged, such as My Crypto Horse, Axie Infinity, and Gods Unchained. After taking motivation from them, others could also develop shortly. 

 NFT is a boon to digital artists because they face issues many times when it comes to protecting their art in any possible way. With NFT, you have already ownership proof for what you are providing before the people. As a notable artist, people know you well. On the other hand, if someone edits and brings your art before the people, he or she would be in a problem. The two most remarkable marketplaces growing for digital artists using NFTs are Rarible and super rare. Raible has a unique approach because it connects the capability of yield farming with the virtual collectibles you possess. 

 Final Words

We have now understood what is NFT in cryptocurrency. NFT is going beyond cryptocurrency and is all set to come for the physical items. Just as you are watching out for the best airdrops in 2021, it could be a possibility that you would have ownership with NFT. The trend is progressing drastically, and it has a long future to see. To learn more about NFT, you should approach a crypto platform. Besides the latest ICOs, IEOs, and STOs, crypto airdrops, news and updates, you should discover what’s next coming with NFT.

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Tabasum-Sanighar published in Crypto

Mastering The Art of Reading Crypto Charts

reading crypto charts

So, you’ve started investing in cryptos, and have you felt outdated about the market trends? Tried reading crypto charts but failed every time?  If you’re just entering the world of cryptocurrencies and started trading, A crypto chart may seem all greek and Latin to you. But at the end of this quick guide article, you can read those difficult charts like a pro!

 Cryptocurrencies are indeed highly volatile. That is, their prices in the market keep fluctuating. Nobody knows what will be the fate of the value figures in the future!

But a crypto chart is a graphical representation of the notable and current price action of crypto taking place across a particular time frame. So, knowing to read a crypto chart can help you make the right investment with cryptos. This will indeed protect your savings and put you in a safer zone.

Finding it easy to reading crypto charts is no joke. You need to know a few theories and terms. And we’re going to put down these terms as simple and easy to understand. So hold on and keep reading!

 A deeper insight into Crypto charts and their types

Reading crypto charts is an ideal way to have a technical analysis of the market’s price trends of a cryptocurrency. When it comes to price figures, two types of analysis can be done. They are fundamental and technical analyses.

 The fundamental analysis more or less deals with the accurate value of a stock or cryptocurrency. On the flip side, technical analysis can help in figuring out the right time to enter or exit the market.

 Imagine a situation where you’re planning to invest in, say, Bitcoin. But since you’re just starting to trade, having done a technical analysis will let you know the best time you can enter the market and make your first move!

 So, crypto charts deal with the technical analysis part of cryptos. It compares the price ranges and gives a perception for traders new to the market. They are even helpful for traders who are already in the market to stay updated with the current trends. 

 Also Check XRP Price Prediction and the Price Forecast Chart to predict your price. 

 Knowing the types of crypto charts

The different types of crypto charts are,

  • Line charts

  • Candlestick charts

  • Bar charts.

Let’s see more about each one of them.

 

  1. Line charts

    The line charts are one of the most basic types. These are very much similar to the typical line graphs you would’ve come across. A line chart simply has two axes, the X and Y. A line is drawn corresponding to these axes and it usually represents the price changes of cryptos that have

 been happening.

 The price that gets plotted on the line chart is the closing price of each day. That is the accurate price figure that crypto has at the end of a business day.

 These charts have the coin value, usually in dollars on the Y-axis which is the vertical line. On the horizontal X-axis, you can see the time slot. 

                

 

2. Candlestick chart

The candlestick chart is the most popular chart type used for tracking price trends in the cryptocurrency market. You can see that the candlestick chart consists of various candle-like diagrams. This chart can be made for different time frames. They are

  • 15-minute chart

  • Hourly chart

  • 4-hour chart

  • Daily chart

  • Yearly chart

 For instance, a 15-minute chart may show the price trend going up or down of crypto in a set of fifteen minutes.

Let’s now see more about the candlestick chart. 

 When you look at a candlestick chart, you will find candles of two different colors. They are green and red.

 

                      

 

The green candlestick is called the Bullish candle and represents an increase in the price of the cryptocurrency. That is if you find a green candlestick on a chart, it means that there is some increase in price value.

 On the other hand, the red candlestick is called the Bearish candle and represents that there is a decrease in the price value of a particular cryptocurrency in a period.

The rectangular part of these candles is called the Real body and represents the value of price increase or decrease.

                 

Apart from the real body, you can find the top and the bottom parts of the rectangle. They represent certain values but are different for the bullish and bearish candlesticks.

 

In the case of the Bullish candle, the bottom part indicates the opening price and the top indicates the closing price of specific crypto in the given period. Whereas, it is the opposite of a bearish candle. That is the top line represents the opening price and the bottom the closing price.

 

You should make sure that you’re clear with the sides of the opening and closing prices, as it is important while you read a crypto chart.

 

As already said, crypto charts represent a historic and the current market value of the crypto. So, you can see a line, called a Shadow or Wick. These lines show the highest market price during the particular period.

            

You will also find some wicks without a candlestick. These are called the Dogi candles and occur for both bearish and bullish types. A Doji candle shows that there was not much of a price change over the said period.

 

           

A candlestick chart will let you find the price trends of the particular period. For instance, you pick the 15-minute time frame, and you can enter the time you need to check for. You can find the price change from 5.00 to 5.15 pm on the crypto chart.

 

3. Bar chart

A bar chart is usually used to represent the price trends comparison of a particular time frame especially depicting a yearly trend.

 Just like line charts, bar charts also have two axes. The X and Y axes. The X-axis stands for time, the Y-axis denotes the price figure.

 On a bar chart, you can see the various data like opening and closing prices. Also, it denotes the highest and lowest price trends for the time frame. But when you take a closer look, you can see the ranges being mentioned. A range is a difference between the highest and the lowest price.

 

         

Similar to the candlestick charts, you can find two colored bars on a bar chart. When the crypto closes at a higher rate it is represented as a green bar. On the other side, the red bars represent that there was a decrease in the closing price.

 Bar charts are also flexible and can be read for different time frames like daily, hourly, and so on.

 Knowing the basics of reading crypto charts is highly essential for new as well as dedicated traders in the market. It is because they can arrive at a prediction about the future trends of the market value.

 In times where cryptocurrencies are highly volatile in their price figures, having a check on the opening and closing prices of crypto say Ethereum, you will be able to arrive at a decision whether it is the right time for you to make an investment move or not.

 Also, reading the highest and lowest closing prices of cryptocurrencies can help you to decide on the right currency that you will need to invest in. Thus, the art of learning of reading crypto charts can be highly beneficial in your crypto journey!

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zulkaif published in SEO

How can you locate a local SEO agency?

Local SEO agency?

If you want to market your business, you’ll need to hire a local SEO agency. This will assist you with all of your SEO needs. Local SEO Matters is a company that helps local businesses in strategically position their company online through local SEO marketing to expand their potential customer base. This entails collaborating with a local business to evaluate its current offline presence. Establish proven internet marketing tactics to convert a potential online inquiry customer into a purchasing customer. A local agency will be required for a successful campaign. And ensuring that you are ranked where you want to be in the search engines. Without a well-thought-out marketing strategy. You won’t obtain the results or rankings you need to run a successful business. The internet is undoubtedly the essential marketing tool for every small business. It’s also a significant plus if you can find a terrific firm to assist you.  

Where Can I Find a Local SEO Firm?

A local search engine optimization agency can be found in a variety of areas. With so many possibilities, you want to go with someone well-known and who has a track record of success. Many of your local marketing firms now have an online marketing division. They’re also an excellent strategy to boost your website’s search engine rankings.

What to Expect from Your Local Government Agency?

A local agency should be able to assist you in some way. You want a business that will help you in completing the task and providing outcomes. It would help if you worked with a provider who can show you results to ensure that your SEO is being pushed as successfully as possible. 

There are some things to consider when it comes to search engine optimization. Working with a local company that can assist you with whatever you require is an excellent choice. If you want to improve your search engine rankings, SEO is the way to go. See what happens when you employ a top-notch local SEO firm to assist you in improving your SEO rankings. Even in the best of conditions, finding an SEO company can be difficult. It will be beneficial if you consider a variety of aspects before making a decision. This gets even more difficult when you’re looking for a company that can manage all of your SEO needs from afar. Unfortunately, detecting the “proof is in the pudding” by looking at previous clients’ results isn’t as simple as it seems. It’s a sort of online advertising.  

Some Reasons why hiring a Local SEO firm is Crucial:

  1. This is why it’s critical to use a local SEO company, and here are a few reasons why.
  2. Working with a marketing agency is about more than just producing results. It all boils down to choosing an agency with which you can establish a long-term partnership. And who will have a better understanding of your business than you do, on which their suggestions and actions will be based? Choosing a local SEO agency increases your chances of success since you can have more face-to-face interaction instead of email, which can lead to details getting lost in translation.
  3. Local Firm – It is vital to understand the market in the area where your business is located, regardless of where it is located. While the internet has a wealth of information to aid study, understanding the mindset is vital. Also, the inhabitants’ rhythm in a specific region. In this case, a local agency can be more beneficial than a faraway institution that gets most of its information from other sources.
  4. Accessibility – In some ways, this is related to the first issue: it’s another to set up regular face-to-face meetings that allow both parties to gain a better understanding of each other’s businesses while also allowing the agency to gather information about your company that would otherwise go unnoticed or not come up in conversation.

For more information click here!

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