What Is Swing Trading? | mypatricia.co

Typically, swing trading involves holding a position either long or short for more than one trading session, but usually not longer than several days, weeks or a couple of months. Although, some trades may last longer than a couple of months and are still seen as swing trades.

Swing trades can also occur during a trading session. Albeit, this is rare and is a result of volatile conditions.

In this article, we will show what you need to know about swing trading cryptocurrency and help you decide whether it is right for you.

Swing Trading.

Swing trading is a commonly…


What is Crypto Liquidity? | mypatricia.co

Liquidity is an important trading concept. In general terms, it refers to the ability to buy or sell assets without affecting the price stability in the market.

A liquid asset is an asset that can be easily converted to cash. Assets like real estate, art, equipment, cars cannot be easily converted to cash. This is because they pass through different gateways and take more processes, checks and approvals before being transferred to the buyer. These assets are therefore called non-liquid or illiquid assets.

However, assets like bonds, stocks, mutual funds, currencies are called liquid assets because they can be converted…


What Is Coin Staking? | mypatricia.co

Decentralized cryptocurrencies have given people the opportunity to send money without a central authority. The blockchain is a publicly distributed ledger that allows anyone to see the flow of bitcoin and which accounts own what. In simple terms, you could think of a blockchain ledger as an all-knowing excel sheet with every transaction listed since the inception of the currency.

Those who think that the crypto world is strange because it seemingly has similarity to the familiar world of traditional banking.

Well, think again. You may compare it to how you receive interest for locking money in your bank account…


Why Artists are Adopting Crypto as Payment for Art | mypatricia.co

It is believed that Blockchain could be the future of art. Artists have found a new way to sell their artwork in exchange for crypto coins.

Let’s talk about the importance of the blockchain and cryptocurrencies and why artists are adopting this to benefit their art.

Blockchain is a platform for exchanging cryptocurrencies like Bitcoin, Ethereum, Dogecoin, etc. While cryptocurrency is an alternative way of paying for goods and services.

You can buy crypto using fiat (real) money. One of the benefits of investing in crypto is the security that comes with it. …


Top 5 Tips for Crypto Traders | mypatricia.co

There are over 4000 cryptocurrencies currently in existence. And more and more people are joining the market. But before you start trading, we’ve highlighted 5 top tips to help you make the right trading decisions.

  1. Do your research. As with any topic, decision or investment, it’s always a good idea to do your own research before you dive in. There’s a plethora of information out there on all the cryptocurrencies. Explore the options, the profits and risks involved and then pick the one(s) you want to trade.
  2. Avoid the FOMO factor. Fear of Missing Out (FOMO) is prevalent in the…

More Ways to Use Cryptocurrencies | mypatricia.co

Cryptocurrencies remain popular in the world and as far as the world is concerned, the hype will continue until there’s nothing but cryptocurrency ruling the financial space.

Now, there are a lot more crypto coins in the blockchain, there’s ethereum, which is fast-growing, some would say in competition with bitcoin, there’s litecoin, ripple, doge, and a bunch of others.

Cryptocurrencies are not just for investment purposes or wealth acquisition only. They can also be used for other surprisingly lucrative things, some of which include:

Charity: Many people are donating their cryptocurrencies to charity organizations. A charity organization revealed that it…


How do you choose your Crypto Investments? | mypatricia.co

With the invention of Bitcoin and its success in barely 12 years of existence, many digital currencies have sprung up. Some of the popular altcoins include Ethereum, Dogecoin, Litecoin, XRP, and many more.

For a newbie crypto trader, it might be overwhelming. And with a lot of information out there, and enthusiasts vying for more people to trade their favorite crypto, it might be difficult to pick crypto to trade. However, we advise that you do your own research before you start trading. And that whatever crypto you trade you invest with a small percentage of your net worth.

So…


A Brief History On Cryptography | mypatricia.co

You may have wondered how Bitcoin and other cryptocurrencies are sustained. On asking around, you’d have lots of crypto jargon thrown at you, like hashing, encryption, Bla Bla Bla.

This guide seeks to demystify the concept of securing cryptocurrency transactions by digging into its roots to show you the nitty-gritty details.

Let’s dive in.

What is Cryptography?

Cryptography, the science of writing codes and cyphers for secure communication, is one of the most important elements that go into making modern cryptocurrencies and blockchains possible. The cryptographic techniques used today, however, are the result of an incredibly long history of development…


How Blockchain Technology can aid Remittance | mypatricia.co

Remittance was introduced as a solution to transferring money from one person to another person in a different country. It could be for personal purposes or family and friends living or working abroad. It could also be for making payments for services rendered by a business in another country.

Over ten years ago, the preferred way to send money abroad was through Western Union. But as of today, there is more than one way to do so. However, all of the methods still rely heavily on banks and financial institutions to process transactions. …


What Are ERC-20 Tokens? |

Created by Fabian Vogelsteller in 2015, the ERC-20 token is the technical standard used for all smart contracts on the Ethereum blockchain for token implementation. ERC-20 stands for “Ethereum Request for comment” and is part of a collection of several other Ethereum standards, such as the ERC-721, which focuses on non-fungible tokens (NFTs) and ERC-884, which allows companies to use blockchain to maintain share registries (specifically in Delaware, but that’s another story).‍

Ethereum has the second-largest market capitalization to Bitcoin, but it is used differently; the Ethereum blockchain is based on the use of tokens, which can be bought, sold…

Patricia Technologies

Patricia Technologies Limited is a fintech company that trades bitcoin and other cryptocurrencies.

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