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Trading Ideas

All About the Different Types of Cryptocurrencies

June 17, 2021 admin Comments Off on All About the Different Types of Cryptocurrencies

The term cryptocurrency covers a wide breadth of digital currencies. But at the most basic level, the different types of cryptocurrencies can be broken down into two categories. First, there’s Bitcoin. And then there’s everything else. Everything else can be referred to as an altcoin. But it can get much more granular than that.

Once upon a time, all cryptocurrencies were simply seen as competing forms of digital money. But as the crypto market has matured, it’s now obvious that’s no longer the case. Today, we can classify the various types of cryptocurrencies based on their intended (or applied) use.
That being …read more […]

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What is an Acquisition?

June 17, 2021 admin Comments Off on What is an Acquisition?

You just found out that one of your long-time portfolio stocks was part of an acquisition and now, you’re suddenly saddled with shares of a different company. If you’re not someone who checks their investment accounts often, it can be startling to see the results of an acquisition. What is an acquisition? It’s when one company purchases the assets of another, and it can have rippling effects for investors.
Acquisitions come in all different varieties, ranging in complexities, for a variety of reasons. When they happen, the market tends to react to them in several predictable ways. There are opportunities …read more […]

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NextDoor IPO: Information to Know Before Investing

June 17, 2021 admin Comments Off on NextDoor IPO: Information to Know Before Investing

The Nextdoor IPO is coming sometime this year. The platform has become known for helping people tap into what’s happening in their neighborhood.
Investors should prepare for when Nextdoor goes public. Here’s what we know so far…
NextDoor IPO: The Business
Nextdoor is a neighborhood-based social networking platform. The company is privately held and based in San Francisco. It’s become a staple for many people with nearly one-third of American households using the platform.
Nextdoor is currently available in nearly 300,000 neighborhoods across 11 countries. Since it was founded in 2008, it has become a major player in the social networking industry. Users can …read more […]