Wilfred Victor
Wilfred Victor

Ace finds himself as a blockchain enthusiast who is focused on growing with the entire crypto sector. He is an energetic and passionate writer who believes that all things are achievable.

By
Wilfred Victor
Trading Toolkits: A Beginner's Guide to Day Trading in Crypto

Due to the highly volatile nature of trading, understanding its mechanisms is key to being successful in daily market interactions.

Trading Toolkits
By
Wilfred Victor
May 18, 2021
What is a Crypto Debit Card and How to Choose

The concept of crypto debit cards has made sense to investors with digital knowledge for a long time. It is important that people understand how these cards operate, as they are likely to see increased adoption in the future.

Cryptonomics
By
Wilfred Victor
May 4, 2021
Trading Toolkits: A Beginner's Guide to Classical Chart Patterns

In Technical Analysis, a transition between trends is often signaled by price patterns. A price pattern is a series of lines/curve that usually indicates the prevailing trend in the market at the time of the analysis

Trading Toolkits
By
Wilfred Victor
April 22, 2021
Trading Toolkits: A Look into Binance Margin Trading

Various types of trading strategies and markets are available in the crypto ecosystem. Binance, the world’s biggest exchange platform in terms of volume, is home to various markets: The spot market, futures/derivatives, and the margin market. Each of these trading environments comes with a significant amount of risk from low to high. Futures and margin markets making up the high-risk markets, while spot could be considered a lesser risk type when compared to other trade environments.

Trading Toolkits
By
Wilfred Victor
April 17, 2021
Trading Toolkits: How to Backtest

An efficient way to test your strategy before use on the live trading market is to check its profitability through backtesting. Backtesting a strategy is a very important tool that allows a trader to test a strategy with no risk.

Trading Toolkits
By
Wilfred Victor
April 11, 2021
Trading Toolkits: Risk-Reward Explained

The sole intention for trading for many traders is to make a profit. No matter the type of trade activities or the market involved, all trade activities come with an element of risk. Learning how to manage this risk or a potential loss associated with trading is also known as the Risk-Reward Ratio (R:R).

Trading Toolkits
By
Wilfred Victor
April 9, 2021
Project Insight: Polkadot - A Leading Layer-1 DeFi Network

Polkadot is still a young ecosystem, and dozens of projects are still under development. It’s evident that the Polkadot network brings in operation’s effectiveness and opens the door to even more opportunities within the blockchain.

BSC News
By
Wilfred Victor
March 31, 2021
Trading Toolkits: Bear Markets Explained

No matter how much investors or traders loath the idea of a bear market, the market is significant and critically essential as it brings sanity to the market. The Bear market presents an incredible opportunity to stack your bags.

Trading Toolkits
By
Wilfred Victor
March 29, 2021
What is Tokenized Bitcoin on BNB Chain

Binance's BTCB has provided a pathway for Bitcoin owners to have access to the benefits of BSC. With BTCB, developers can now incorporate Bitcoin into their DApp design.

Cryptonomics
By
Wilfred Victor
March 27, 2021
What is Backtesting in Crypto Trading

Precise and concrete data is most effective in producing high quality backtesting results, rather than involving too many data sets in the test. A combination of other trade strategies with backtesting are well worthwhile in a trader’s trading journey.

Cryptonomics
By
Wilfred Victor
March 17, 2021
Trading Toolkits: Trading Journals and Logs Explained

The best strategy for a proficient trading style is to take on trading positions consistently and actively; the second is to keep and track all of your data correctly. Keeping a journal can be tasking and tedious, but you must stick to it for an overall healthy trading experience. 

Trading Toolkits
By
Wilfred Victor
March 13, 2021
Trading Toolkits: Arbitrage Trading Explained

No matter the trading style or strategy deployed, there exist some elements of risks. However, arbitrage trading is the “safest” form of trading where profit is wholly guaranteed when mastered.

Trading Toolkits
By
Wilfred Victor
March 6, 2021
How Does Market Shorting Work

Shorting is profitable too but it can wreak havoc on an unknowledgeable trader’s account, causing a loss of funds in ways unimaginable.

Trading Toolkits
By
Wilfred Victor
March 5, 2021
What are Bull Markets

Anyone can profit from any market trend, whether a bull or bear market. Due to sharp market declines and quick recoveries characterized in the bull market cycle, retracements often shake weak hands.

Cryptonomics
By
Wilfred Victor
March 4, 2021
How to Read the Bitcoin Stock-to- Flow Model

The stock to flow, a model typically used for precious metals, can be applied to BTC. Bitcoin is the first currency that has been measured with this model due to its scarcity.

Cryptonomics
By
Wilfred Victor
March 1, 2021
Trading Toolkits: Scalping Explained

Although scalping may mean fast profits that compound in the long run, it’s perilous and discouraged for new market entrants.

Trading Toolkits
By
Wilfred Victor
February 28, 2021
Trading Toolkits: Order Types Explained

The first step to trading efficiency is the education on how to trade, and it starts by understanding order types.

Trading Toolkits
By
Wilfred Victor
February 21, 2021
What are Smart Contracts

The most significant adoption will be mainstream businesses using smart contracts for daily use. Imagine going to the grocery store with no wallet, no paper bills, and only your mobile device to sign agreements using smart contracts.

Cryptonomics
By
Wilfred Victor
February 18, 2021
What are Non-Fungible Tokens (NFTs)

NFTs are witnessing growing speculation among NFT fans, leaving NFTS on track to be a massive industry in the future; collectible assets like CryptoKitties and CryptoPunks have proven the potential in the past.

Cryptonomics
By
Wilfred Victor
February 13, 2021
What is Cryptocurrency Trading

Trading in terms of finance is the buying and selling of financial instruments. In these markets, traders buy low and sell high to achieve profit using a plethora of different tools and tactics.

Trading Toolkits
By
Wilfred Victor
February 9, 2021
What is the Binance Token (BNB)

BNB went from being just a utility token for use on the Binance exchange to fueling the whole Binance ecosystem.

Cryptonomics
By
Wilfred Victor
February 8, 2021
What Is A Decentralized Autonomous Organization (DAO)

Decentralized Autonomous Organizations (DAO) describe a set of rules that govern a network in a decentralized fashion while providing incentives for participants in the consensus.

Cryptonomics
By
Wilfred Victor
February 4, 2021
What Is Tether (USDT)

Tether (USDT) maintains the worlds’ biggest stable coin reserve, maintaining its position of being the third most valuable coin with over $66 Billion in market capitalization.

Cryptonomics
By
Wilfred Victor
February 3, 2021
What is Blockchain Security

The blockchain is the core of the cryptocurrency and digital era, for, without it, there would be tons of discrepancies and security flaws within transactions.

Cryptonomics
By
Wilfred Victor
February 1, 2021
What is Yield Farming

Stated simply, to yield-farm in cryptocurrency you must handover custody of your crypto assets to a particular DeFi platform

Cryptonomics
By
Wilfred Victor
January 29, 2021
What are Elastic Supply Tokens

Rebase tokens seek to incorporate commodity-like market features through the unique  rebase mechanics used to enforce a stable peg price while maintaining scarcity.

Cryptonomics
By
Wilfred Victor
January 29, 2021
What are Wrapped Tokens

Wrapped tokens are tokenized versions of a cryptocurrency hosted on another blockchain representing the real-time underlying asset’s value.

Cryptonomics
By
Wilfred Victor
January 26, 2021
What are Initial Farm Offerings

Initial Farm Offerings (IFO) are a new type of token sale event popularized by Decentralized Exchange (DEX) platforms, IFO's are utilized as a fundraising event for upcoming De-Fi protocols. 

Cryptonomics
By
Wilfred Victor
January 22, 2021
What are Automated Market Makers

Decentralized exchanges (DEX’s) have continued to expand, and automated market makers (AMM’s) have been the primary technology adopted due to its ease of use and proven decentralized system.

Cryptonomics
By
Wilfred Victor
January 19, 2021
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