Personal Finance Guides - Page 5

M1 Money Supply: Definition, Calculation, Impact on the Economy

By John Caroline March 13th, 2023

In any country’s money supply, there is a measure of the most liquid components, which is simply called M1. Here is everything you need to know about the M1 money supply, its elements, its calculation, and its impact on the economy.

What Is Non-Farm Payroll (NFP)?

By John Caroline February 27th, 2023

In the guide below, you will explore what is nonfarm payroll and how to read the nonfarm payroll data, as well as stay updated on the impact of nonfarm payroll on employment and the financial market.

What Is Nexo? A Complete Guide to the Digital Asset Platform

By Tony Frank February 1st, 2023

Learn how Nexo combines crypto lending, earning, and spending tools in one platform for both retail and institutional users.

What Is Veblen Effect and How Does It Go with Crypto?

By Ibukun Ogundare December 15th, 2022

This guide will discuss one of the abnormal economic situations in the global financial market, which is the Veblen effect, and its relationship with cryptocurrency.

Crypto Slang: WAGMI and NGMI

By Ibukun Ogundare December 4th, 2022

This guide will explore the use of two new slangs named WAGMI and NGMI. These slangs are in direct contrast to each other. The first one praises an individual, while the second one insults an individual in a respectful manner. 

Complete Guide on Proof-of-Reserve (PoR) Audit

By Ibukun Ogundare November 27th, 2022

Proof-of-Reserve Audit is an auditing process that verifies that a crypto exchange has the exact amount of assets it claims to have. It has become a powerful tool for consumers and custodians. Below is everything you need to know about this audit.

What Is a Rug Pull Scam and How to Avoid It?

By John Caroline October 21st, 2022

Crypto users and investors often become victims of rug pull scams, which causes them to lose heavily on their funds. Here’s a guide to know more about rug pull scams and how to avoid them.

What Is Ponzi Scheme and How to Protect Against a Scam?

By John Caroline September 28th, 2022

Crypto enthusiasts who are ignorant of Ponzi schemes are most probably to be the prime target of bad actors in the industry. Hence, it is necessary for everyone with investment interests to learn how to protect against a scam. Let’s dive into this helpful guide.

Beginner’s Guide on Crypto Winter: How to Invest During Crisis?

By Marco T. Lanz August 26th, 2022

Sometimes, the cryptocurrency market is in a crisis, with prices dropping and investors losing money. This has led to the term “crypto winter” being coined. But even during this hard time, there are opportunities to make money. This guide will discuss how to invest in cryptocurrencies during a crisis and what to look for when choosing a project.

What Is FOMO and How to Deal With It?

By John Caroline July 8th, 2022

Feelings of anxiety or fear of a person missing out on a very lucrative and productive venture cannot be ignored when making an investment decision. Hence, it is expedient to properly understand what FOMO is all about and the possible ways to deal with it.

What Is a Takeover?

By Beatrice Mastropietro July 8th, 2022

In this guide, we will discuss what takeovers are and some different ways they can be executed. We will also discuss the pros and cons of taking over another company and how to ensure your takeover is successful.

How to Calculate Crypto Profit and Loss?

By John Caroline May 16th, 2022

The concept of crypto profit and loss is an easy one to grasp for those trading the asset. Whenever you sell or dispose of your crypto asset, you will be making either a profit or a loss. Here you will find all you need to know about crypto profit and loss calculation, with some useful tips on how to do that.

Bidding and Its Types: Beginner’s Guide

By Beatrice Mastropietro January 30th, 2022

Bidding is an offer to set a price tag by an individual or business for a product or service. In this guide, you will learn about each type of bidding strategy so that you can make informed decisions when it comes to bid on items for your business.

Introduction to Green Investing

By Beatrice Mastropietro January 19th, 2022

Green investing is an emerging trend in the investment world. It seeks to support business practices that positively impact the natural environment. In this guide, we will explore what green investing is and how it can be used as a tool for sustainable economic growth.

What Is HODL Strategy?

By John Caroline December 18th, 2021

You might think you know a lot about the crypto space but yet some terms still get you confused considering how weird they sound. HODL could be one of them. Learn about the meaning of HODL and all it entails in this guide.