Month: May 2021

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Trading Ideas

What is a 51 Attack?

May 27, 2021 admin Comments Off on What is a 51 Attack?

Cryptocurrency—or, more specifically, blockchain—is widely touted for its relative infallibility. Thanks to the distributed nature of blockchain ledgers and decentralized nature of crypto, no single person or entity can manipulate the blockchain. That is, unless they stage a 51 attack.
What is a 51 attack? It’s a very complex endeavor to control the hashing power of a blockchain, and it’s the closest thing to bitcoin fraud possible.

The Definition of a 51% Attack
A 51 attack is so named because it involved taking over a majority of the hashing power within a network. More specifically, at least 51% of the hashing …read more […]

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Trading Ideas

How to Open a Brokerage Account and Start Trading

May 27, 2021 admin Comments Off on How to Open a Brokerage Account and Start Trading

Ready to start investing, but not sure exactly where to start? The first thing you need to figure out is how to open a brokerage account. The good news is this part is incredibly easy. The only hard part is choosing which brokerage works best for you.

But in all honesty, the easiest way to get started is by opening an account with any of the big discount brokerages. Take your pick. Fidelity, TD Ameritrade, E*Trade and Charles Schwab all offer similar services. For the most part, account minimums and commission fees are a thing of the past – though some …read more […]