🐋 Beyond reading charts, you should also know the basics: Bitcoin and Ethereum
Bitcoin uses proof of work (PoW). In September 2022, Ethereum switched from proof of work to proof of stake (PoS) through “The Merge.”
Many tokens and DeFi applications are deployed on Ethereum and its Layer 2 networks, while applications on the Bitcoin mainnet are mainly focused on transfers and store of value.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, respectively, and serve different purposes.
Markets are always uncertain, so decide in advance what you’ll do if your judgment turns out to be wrong.
Bitcoin uses proof of work (PoW). In September 2022, Ethereum switched from proof of work to proof of stake (PoS) through “The Merge.”
Many tokens and DeFi applications are deployed on Ethereum and its Layer 2 networks, while applications on the Bitcoin mainnet are mainly focused on transfers and store of value.
$BTC and $ETH are the native coins of Bitcoin and Ethereum, respectively, and serve different purposes.
Markets are always uncertain, so decide in advance what you’ll do if your judgment turns out to be wrong.