234win 77
Cryptocurrencies are enormously volatile, but that volatility can create opportunities for profit if you’re looking to trade these digital assets. Cryptos such as Bitcoin and have risen a lot since their debut — but they’ve also experienced tremendous boom-bust cycles along the way. Experienced traders have been speculating on cryptocurrencies for years, but how can you get started if you’re new to the crypto market? Here’s how to start investing in cryptocurrency and the significant risks you need to watch out for. First things first, if you’re looking to invest in crypto, you need to have all your finances in order. That means having an emergency fund in place, a manageable level of debt and ideally a . Your crypto investments can become one more part of your portfolio, one that helps raise your total returns, hopefully. Pay attention to these five other things as you’re starting to invest in cryptocurrencies. As you would for any investment, understand exactly what you’re investing in. If you’re buying stocks, it’s important to read the annual report and other to analyze the companies thoroughly. Plan to , since there are literally thousands of them, they all function differently and new ones are being created every day. You need to understand the investment case for each trade. In the case of many , they’re backed by nothing at all, neither hard assets nor cash flow of an underlying entity. That’s the case for , for example, where investors rely exclusively on someone paying more for the asset than they paid for it. In other words, unlike stock, where a company can grow its profits and drive returns for you that way, many crypto assets must rely on the market becoming more optimistic and bullish for you to profit. Some of the include Bitcoin, Ethereum, , and . So before investing, understand the potential upside and downside. If your financial investment is not backed by an asset or cash flow, it could end up being worth nothing. A mistake that many new investors make is looking at the past and extrapolating that to the future. Yes, Bitcoin used to be worth pennies, but . The key question, however, is “Will that growth continue into the future, even if it’s not at quite that meteoric rate?” Investors look to the future, not to what an asset has done in the past. What will drive future returns? Traders buying a cryptocurrency today need tomorrow’s gains, not yesterday’s. The prices of cryptocurrencies are about as volatile as an asset can get. They could drop quickly in seconds on nothing more than a rumor that ends up proving baseless. That can be great for sophisticated investors who can execute trades rapidly or who have a solid grasp on the market’s fundamentals, how the market is trending and where it could go. For new investors without these skills — or the high-powered algorithms that direct these trades — it’s a minefield. Volatility is a game for high-powered Wall Street traders, each of whom is trying to outgun other deep-pocketed investors. A new investor can easily get crushed by the volatility. That’s because volatility shakes out traders, especially beginners, who get scared. Meanwhile, other traders may step in and buy on the cheap. In short, volatility can help sophisticated traders “buy low and sell high” while inexperienced investors “buy high and sell low.” If you’re trading any asset on a short-term basis, you need to , and that can be especially true with volatile assets such as cryptocurrency. So as a newer trader, you’ll need to understand how best to manage risk and develop a process that helps you mitigate losses. And that process can vary from individual to individual: Newer traders should consider setting aside a certain amount of trading money and then using only a portion of it, at least at first. If a position moves against them, they’ll still have money in reserve to trade with later. The ultimate point is that you can’t trade if you don’t have any money. So keeping some cash in reserve means you’ll always have a bankroll to fund your trading. It’s important to manage risk, but that will come at an emotional cost. Selling a losing position hurts, but doing so can help you avoid worse losses later. Finally, it’s important to avoid putting money that you need into speculative assets. If you can’t afford to lose it — all of it — you can’t afford to put it into risky assets such as cryptocurrency, or other speculative assets, for that matter. Whether it’s a or an important upcoming purchase, money that you need in the next few years should be kept in safe accounts so that it’s there when you need it. And if you’re looking for an absolutely sure return, your best option is to pay off high-interest debt. You’re guaranteed to earn (or save) whatever interest rate you’re paying on the debt. You can’t lose there. Finally, don’t overlook the security of any exchange or broker you’re using. You may own the assets legally, but someone still has to secure them, and their security needs to be tight. If they don’t think their cryptocurrency is properly secured, some traders choose to invest in a to hold their coins offline so they’re inaccessible to hackers or others. Remember that investing in cryptocurrency can be part of a broader investment strategy, but shouldn’t be your only one. While investing directly in cryptocurrency is popular, traders have other ways to get into the crypto game, some more directly than others. These include: Each of these methods varies in its riskiness and exposure to cryptocurrency, so you’ll want to understand exactly what you’re buying and whether it fits your needs. In theory it takes only a few dollars to invest in cryptocurrency. Most crypto exchanges, for example, have a minimum trade that might be $5 or $10. Other might have a minimum that’s even lower. However, it’s important to understand that some trading platforms will take a huge chunk of your investment as a fee if you’re trading small amounts of cryptocurrency. So it’s important to look for a broker or exchange that minimizes your fees. In fact, many so-called “free” brokers embed fees — called spread mark-ups — in the price you pay for your cryptocurrency. Cryptocurrency is based on . Blockchain is a kind of database that records and timestamps every entry into it. The best way to think of a blockchain is like a running receipt of transactions. When a blockchain database powers cryptocurrency, it records and verifies transactions in the currency, verifying the currency’s movements and who owns it. Many crypto blockchain databases are run with decentralized computer networks. That is, many redundant computers operate the database, checking and rechecking the transactions to ensure that they’re accurate. If there’s a discrepancy, the networked computers have to resolve it. Some cryptocurrencies reward those who verify the transactions on the blockchain database in a process called mining. For example, miners involved with Bitcoin solve very complex mathematical problems as part of the verification process. If they’re successful, miners receive a predetermined award of Bitcoins. To , miners need powerful processing units that consume huge amounts of energy. Many miners operate gigantic rooms full of such mining rigs in order to extract these rewards. As of October 2024, running the Bitcoin system burned as much energy per year as the country of Poland. If you’re looking to invest in Bitcoin, you have a variety of ways to do so, and you can work with a number of companies, including: If you’re looking to buy Bitcoin, pay particular attention to the fees that you’re paying. Here are other key things to watch out for as . An altcoin is an alternative to Bitcoin. Many years ago, traders would use the term pejoratively. Since Bitcoin was the largest and most popular cryptocurrency, everything else was defined in relation to it. So, whatever was not Bitcoin was lumped into a catch-all category called . While Bitcoin is still the largest cryptocurrency by market capitalization by far, it’s no longer the only game in town. Other altcoins such as Ethereum and Solana have grown in popularity, making the term altcoin somewhat outmoded. Now with a reported 15,000 or more cryptocurrencies in existence, it makes less sense than ever to define the industry as “Bitcoin and then everything else.” Cryptocurrency is a highly speculative area of the market, and many smart investors have decided to put their money elsewhere. For beginners who want to get started trading crypto, however, the best advice is to start small and only use money that you can afford to lose. ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.When it comes to figuring out what's about to be big before it totally explodes, the best search-it-out strategy we know tends to be something along the lines of: identify someone (or something) that always has a pulse on what's happening. Then pay attention. That's what makes watching the so genius. Since its launch, the global brand's in-network development pool has connected more than 4,600 creatives with the resources and audience to turn their designing dreams into reality. The fashion world can be tough, period—and pretty near impossible to break into when you consider how much the little fish have (like, IDK, established operational systems and fancy-schmancy distribution systems). SHEIN, the biggest fish in the ~biggest~ pond, created SHEIN X to help it be the fairy godmother to little guys. The program opens up the , huge fabric libraries, supply-chain technologies, and global reach to designers who are just starting to punch above their indie roots. What is SHEIN X? It's a designer's dream come true—a unique initiative by SHEIN that collaborates with creatives and brands. Imagine it as a fashion house presenting talents globally, offering fresh, exciting styles infused with the distinct flair of each designer, a true masterpiece. Why shop SHEIN X? If you're on the hunt for unique, one-of-a-kind pieces, SHEIN X is your go-to choice. It offers designer fashion at friendly prices, making it easy to shop exclusive, high-quality styles from emerging talents and renowned names you won't find elsewhere. That's not to say it's only working with small names, though. The program routinely connects with buzzy brands and artists in their own right from a variety of backgrounds—to bring their magic into the wardrobe world. For example, the brand has collaborated with Canadian digital artist , bespoke clothier , and (you know, the one with a cool 64 social followers?). New you-need-to-know names include , the Iowa-based designer behind BELANGE HANDMADE, who worked with SHEIN to trampoline her way into the stratosphere. Her signature look, bright and vibrant, was established ahead of the —but now it's just available to way, way more people. Dresses are the thing for , too. Southern California designer Lillian Love's label focuses on dresses: form-fitting knit silhouettes, cutouts, sparkles...you name it, it's there. A similar yet also super-unique look is the calling card for . Born and raised in Ohio, the current Angeleno has used her partnership with SHEIN X to make her dramatic-glam dresses more easily accessible to all of us (thank ya, Keshae!). Featuring swirls, curves, and cutouts, they have an optical-illusion quality that's almost impossible to look away from. The last name we want you to know is , a beautiful line made by Atlanta-based Bahamian artist Melissa A. Mitchell. If most of the SHEIN in your wardrobe includes clothes you'll wear out (whether to the office or after hours), this is your new vacation situation. And by that we mean stuff to wear when you're deplaning somewhere fabulous and sunny—but also in normal life when you just need a jolt of out-of-office energy. Why join SHEIN X? Breaking into fashion is tough, but SHEIN X kick-starts creators' journeys. From design support to global logistics, it equips emerging talent with the necessary tools to bring ideas to life and reach the world, while empowering established names with data analytics to scale production. The bottom style line is that the is a win-win: While it's helping to give emerging designers a major boost through its established resources and logistics, it's also bringing good newness into our own closets that emphasize originality, making upscale fashion accessible to everyone. Shopping brands most people haven't heard of, from your favorite easy-to-browse platform? Yep, you're about to be the best-dressed friend in your group.
High-speed Tesla crash that hurt young San Jose chef came after ‘shot-o’clock’ kicked off company-funded boozefest: lawsuitTaylor Swift Offers Blake Lively Advice Amid Co-Star’s ‘Smear Campaign’: Report
High school boys basketball: Falcons look to surprise peopleNEW YORK (AP) — Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The S&P 500 rose 0.2% from its all-time high set on Friday to post a record for the 54th time this year. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market. Following allegations of misconduct and the resignation of its public auditor , the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board. It also said that it doesn’t expect to restate its past financials and that it will find a new chief financial officer, appoint a general counsel and make other moves to strengthen its governance. Big Tech stocks also helped prop up the market. Gains of 1.8% for Microsoft and 3.2% for Meta Platforms were the two strongest forces pushing upward on the S&P 500. Intel was another propellant during the morning, but it lost an early gain to fall 0.5% after the chip company said CEO Pat Gelsinger has retired and stepped down from the board. Intel is looking for Gelsinger’s replacement, and its chair said it’s “committed to restoring investor confidence.” Intel recently lost its spot in the Dow Jones Industrial Average to Nvidia, which has skyrocketed in Wall Street’s frenzy around AI. Stellantis, meanwhile, skidded following the announcement of its CEO’s departure . Carlos Tavares steps down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales and an inventory backlog at dealerships. The world’s fourth-largest automaker’s stock fell 6.3% in Milan. The majority of stocks in the S&P 500 likewise fell, including California utility PG&E. It dropped 5% after saying it would sell $2.4 billion of stock and preferred shares to raise cash. Retailers were mixed amid what’s expected to be the best Cyber Monday on record and coming off Black Friday . Target, which recently gave a forecast for the holiday season that left investors discouraged , fell 1.2%. Walmart , which gave a more optimistic forecast, rose 0.2%. Amazon, which looks to benefit from online sales from Cyber Monday, climbed 1.4%. All told, the S&P 500 added 14.77 points to 6,047.15. The Dow fell 128.65 to 44,782.00, and the Nasdaq composite climbed 185.78 to 19,403.95. The stock market largely took Donald Trump’s latest threat on tariffs in stride. The president-elect on Saturday threatened 100% tariffs against a group of developing economies if they act to undermine the U.S. dollar. Trump said he wants the group, headlined by Brazil, Russia, India and China, to promise it won’t create a new currency or otherwise try to undercut the U.S. dollar. The dollar has long been the currency of choice for global trade. Speculation has also been around a long time that other currencies could knock it off its mantle, but no contender has come close. The U.S. dollar’s value rose Monday against several other currencies, but one of its strongest moves likely had less to do with the tariff threats. The euro fell amid a political battle in Paris over the French government’s budget . The euro sank 0.7% against the U.S. dollar and broke below $1.05. In the bond market, Treasury yields gave up early gains to hold relatively steady. The yield on the 10-year Treasury climbed above 4.23% during the morning before falling back to 4.19%. That was just above its level of 4.18% late Friday. A report in the morning showed the U.S. manufacturing sector contracted again last month, but not by as much as economists expected. This upcoming week will bring several big updates on the job market, including the October job openings report, weekly unemployment benefits data and the all-important November jobs report. They could steer the next moves for Federal Reserve, which recently began pulling interest rates lower to give support to the economy. Economists expect Friday’s headliner report to show U.S. employers accelerated their hiring in November, coming off October’s lackluster growth that was hampered by damaging hurricanes and strikes. “We now find ourselves in the middle of this Goldilocks zone, where economic health supports earnings growth while remaining weak enough to justify potential Fed rate cuts,” according to Mark Hackett, chief of investment research at Nationwide. In financial markets abroad, Chinese stocks led gains worldwide as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of Trump’s inauguration next month. Both official and private sector surveys of factory managers showed strong new orders and export orders, possibly partly linked to efforts by importers in the U.S. to beat potential tariff hikes by Trump once he takes office. Indexes rose 0.7% in Hong Kong and 1.1% in Shanghai. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.OWINGS MILLS, Md. (AP) — Asked if there was any special meaning to playing on Christmas for a second straight season, Lamar Jackson paused for several seconds before answering. That said it all. “I mean, it is,” he finally replied, trying to be diplomatic. “That means we're good, but at the same time, I do want to celebrate at home sometimes with my family now. I don't want to be playing on Christmas all the time — not all the time.” That sentiment seemed common among the Baltimore Ravens players this week as they prepared for their second consecutive Christmas road game. Jackson and his teammates will face the Houston Texans on Wednesday. Earlier in the day, the Kansas City Chiefs play at Pittsburgh. Games on Christmas aren't new to the NFL. The Miami Dolphins famously beat the Chiefs in a playoff game on Dec. 25, 1971 — a double-overtime classic that still holds the record for the NFL's longest game. In 2020, New Orleans running back Alvin Kamara tied an NFL record with six touchdowns in a game when the Saints beat Minnesota on Christmas. Lately, however, the league has been much more aggressive about scheduling games on Christmas. There were three last year on a Monday, and this week there are two. The four teams in action this Wednesday all played this past Saturday, giving them a little more time to prepare. But each is still wrapping up a stretch of three games in 11 games. And for Baltimore and Kansas City — the teams spending the holiday on the road — this means a bit of a scramble to find time to celebrate with loved ones. “Santa hasn’t come yet, but as far as my family, we traded gifts (over the weekend),” Kansas City quarterback Patrick Mahomes said. “(His wife) Brittany’s a champ because I’m not there to help build the toys my family got, and the kids have opened up every single one of them.” The Chiefs are playing on Christmas for a second year in a row, although they were at home last season. Baltimore tackle Ronnie Stanley said there is an offensive line Christmas party planned for Friday at center Tyler Linderbaum's house. Jackson’s plan is to celebrate on Thursday. “I already celebrated Christmas with my family this past week," Ravens safety Kyle Hamilton said. "It’s more about the thought of calling people Christmas morning and just going out there and being able to go out in front of my whole family and do what I love. That’s how I’ll celebrate.” The Ravens also have celebrated a bit as a group already. “We actually had a team dinner last night here, which was really neat. And our chefs were incredible (with) what they put out there, so that was fun,” coach John Harbaugh said Monday. "And we are going to have the ability for family members from the Houston area to come over for the team snack after we do a walkthrough (Tuesday) night.” Don't expect Christmas games to go away any time soon. Netflix agreed to a three-year contract in May to carry Christmas Day games. Playing on the holiday certainly gives teams a chance to be in the spotlight, although the Chiefs and Ravens already get plenty of that. The Ravens-Texans game features a halftime performance by Beyoncé. “Wasn't there a time when somebody was out peeking outside the locker room door during the Super Bowl or something like that? Was there some story on that?” Harbaugh said. “He got in trouble for it? There will be big trouble. I like Beyoncé, though. I can't say I'm a huge Beyoncé fan, but I think I like her.” (Harbaugh was referring to Bengals kicker Evan McPherson during the Super Bowl in 2022 when he watched Dr. Dre, Snoop Dogg, Eminem, Mary J. Blige and Kendrick Lamar perform at halftime in Los Angeles.) Jackson, seemingly unaware of Harbaugh's attempt to lay down the law about the halftime show, arrived at the microphone immediately after the coach. “I'm going to go out there and watch,” the star quarterback said. “First time seeing Beyoncé perform, and it's at our game — that's dope. I'm going to go out and watch. Sorry Harbaugh, sorry fellas.” AP NFL: https://apnews.com/hub/nflRays push back on county ultimatum: Stadium agreement ‘in effect’
AP Trending SummaryBrief at 3:15 p.m. ESTPlayers have mixed feelings about being on the road on Christmas as NFL adds more holiday gamesHuge Australian crocodile made famous by cameo role in Crocodile Dundee dies