Connect with us


Language Learning and Cryptocurrencies Are Strangely Similar

If language learning was a cryptocurrency, I’d invest all my non-existent fortune into it.



If language learning was a cryptocurrency, I’d invest all my non-existent fortune into it.

Photo by Executium on Unsplash

I’d be so freaking rich you wouldn’t believe it. Even though I don’t know much about crypto.

I don’t know too much about cryptocurrencies. I’ve done some research and am finishing a book about it, but I’m far from an expert. One thing is sure though. They aren’t going away. No matter what goes against them.

I love languages and I know they’re not going away any time soon. Hell, they’re only growing stronger each day despite all the technology to auto-translate.

Learning a language is a lot like what the cryptocurrency market has been since its inception. It’s evolved a lot and will keep on doing so.

Don’t believe me? Just watch.

Since the big increase from the end of 2017, cryptocurrencies have never really disappeared from the news or online conversations. The countless new millionaires that arose back then made many curious, myself included.

Cryptocurrency. Blockchain. Proof-of-Stake. Bitcoin. Ethereum. Dogecoin even. We all hear these words often yet few really understand what each means.

Many people have tried to invest in cryptocurrency only to get out as soon as things started going south. I’ve seen the same thing happen in language learning.

Each year, there are millions of people deciding to learn a new language. They’re curious about what it’d be like, about the possibilities they could offer to improve their lives.

They dabble in a language. Then another one. Then stop for some reason. Then start again years later and the circle begins again.

Learning a language can be difficult. You have to survive the “am I really capable of doing this?” phase. You have to keep going when you don’t feel like it. Most people can’t seem to handle it. They stop the moment a good excuse arises.

That’s also what happens to most cryptocurrency investors. Most people fled at the end of 2017. Many did again during the May 2021 crash. They feared the decline in Bitcoin and Ethereum.

In language learning, when you’ve overcome this stage, you realize it really isn’t that hard. All it takes is time. The first time is the hardest. The second struggle you get, you remember overcoming it. You remember you’ll improve again.

It’s because you’ve learned more about what learning a language is that you don’t struggle as much after.

Similarly, for cryptocurrency markets, those who have learned more about them, who have learned about the cryptocurrencies themselves fear less. They may be uneasy but they trust their gut. My writer friend Toby Hazlewood recently wrote a piece about how he felt about the last Bitcoin “crash”.

It’s something I’m interested in and curious about. I think that blockchain computing, Web 3.0 and cryptocurrencies will play a significant part in the future and I’ll continue exploring, experimenting and learning about them.

It’s because he’s studied it that he can accept being unease.

Those who give up learning a language quickly are those who haven’t learned enough about it.

Crypto markets go way high and then way low. They aren’t for the faint of heart. It’s easy to feel motivated when the price goes up. It’s not when the price is divided by two in a matter of hours or days.

Learning a language is just as unstable.

Some days you feel extremely fluent. Some others, you don’t. Some periods you can feel yourself getting better. Some others you wonder if you’re not only getting worse.

Learning a language isn’t about getting fluent tomorrow. It’s a process. And like most processes, it’s unstable.

Just like you keep forgetting about your ex until one day you fall upon a song that triggers all the memories again. Accept having unstable memories. They’re proof you’re not a freaking AI.

I wonder how many people didn’t feel they missed out on Bitcoin in February. Then how many thought it again in March. And again in April. When you see the price going up, anybody would feel like they should have invested in 2017 when, at its peak, the price was “only” around $20,000.

I sure felt I should have invested back then.

That reminds me of when I met two 21 years old Czech people at the polyglot conference in 2019. They had started learning languages at 12 years old. I started when I was 18. Looking at them, I felt the time I wasted doing nothing as a teenager. I wondered how many languages I could be speaking right now, at 30, had I started earlier.

Learning languages is an incredible journey. I advise it to everybody. It’s changed my life.

When you start and begin feeling at ease in a new language, you’ll certainly also feel awful for not having started earlier. You’ll wonder what level you could have reached by then.

But that’s not what matters. What matters is that you started.

“The best time to start was yesterday. The next best time is now.” — Unknown

Cryptocurrencies have existed for longer than most of us realize. Bitcoin has been around since 2009. It keeps on growing. The possibilities of blockchain are evolving day after day as more people dive into it.

Blockchain will create more ways to live. There will be more platforms like for writers. More platforms like Audius for musicians. More platforms like for betting. It will keep evolving whether you like it or not.

Languages will too. Each word you say and write impacts the language you’re using in a tiny manner. Whether it’s your native language or not.

We all make the world evolve by combining languages with our cultures, our experiences, our beliefs. Machine translation may help with translating manuals but it will never be enough to share feelings properly.

The thankfulness of native speakers to see you having learned their language creates a deeper connection with them. Your understanding of the culture makes you more appreciative of their language and their points of view.

Language learning, just like crypto, will never leave the face of the earth.

I may not be a crypto expert but I’m among the many who think it will keep revolutionizing the world. I am, however, an expert in language learning and can assure the same thing.

I’m not saying I know everything about language learning, nor that I’m the best at it — hint: I’m not. I’ve only spent enough thousands of hours on it to know the importance of foreign languages.

Languages are what we use to share our world. The more languages you speak, the more varied ways you can share it. And the more people you can share it with.

Learn a language today. Yesterday would have been better, sure. But today’s just as good as any day to start.

I can promise you one single thing. You will never regret it.

Coinsmart. Beste Bitcoin-Börse in Europa


Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round



Coinbase-backed cryptocurrency financial services company Amber Group raise worth $1 billion in funds, aiming at providing investors with many different cryptocurrency products for investment.

The latest funding round continues a flurry of funding activity in the cryptocurrency sector. The financing was led by the well-known investment China Renaissance. In addition to Coinbase, other investors include Tiger Global Management, headquartered in New York. Amber Group has raised $100 million before this round of financing as investors rush to back companies in the industry. 

This Hong Kong-based cryptocurrency financial services startup company stated that the new funds raised this time will be used for strategic acquisitions, such as cybersecurity. In order to fulfil regulatory safety and compliance, acquisition targets mainly focus on companies with regulatory licenses in certain jurisdictions.

Michael Wu, CEO of Amber Group, said:

“I think regulation is always a challenge for this industry because it’s a very global industry. It’s always about staying ahead or at least staying aware of the different regulations. We always take a very conservative approach to that.”

The CEO also said the fresh capital raised would be used to “hire even more aggressively” and to make strategic acquisitions in areas such as cybersecurity.

According to PitchBook data, in Q2 of this year, the total amount of venture capital investment in cryptocurrency and blockchain startups was approximately $14 billion, compared to $600 million in the same period last year.

With the participation of institutional investors and large companies, both ordinary investors and institutional investors have increased their interest in cryptocurrencies, especially Bitcoin, this year.

Amber Group’s revenue mainly comes from the so-called net interest margin, a measure of lending profitability, to make profits, which takes 70%~80%. The main model is to accept customer deposits and provide deposit interest rates and then lend funds to other entities with a higher interest rate. About 15% of revenue comes from transaction fees.

Amber Group CEO Michael Wu said the company is bringing a “private banking experience to everyday customer.”

The group’s current main service targets are primarily institutional investors and wealthy people, providing products, including services such as algorithmic trading and lending products. In addition, the company is striving to gain individual investor customers. And it is expected to achieve $500 million in revenue by the end of this year.

Wu stated that:

“We don’t advocate heavy speculation or high use of leverage, rather we want our customers to be more long term, focus on risk management and get stable and attractive yield.” 

Image source: Shutterstock Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://Blockchain.News/news/coinbase-backed-crypto-financial-services-startup-amber-group-raises-1b-investment-round

Continue Reading


Dogecoin lessons? Why one shouldn’t ‘dismiss a good meme’

There are 5350 cryptocurrencies listed on Coinmarketcap. Just nine years ago, there was only Bitcoin. After Bitcoin came alts, and then ICOs. Non-fungible tokens (NFTs) and decentralized finance (DeFi

The post Dogecoin lessons? Why one shouldn’t ‘dismiss a good meme’ appeared first on AMBCrypto.



There are 5350 cryptocurrencies listed on Coinmarketcap. Just nine years ago, there was only Bitcoin. After Bitcoin came alts, and then ICOs. Non-fungible tokens (NFTs) and decentralized finance (DeFi) have seen a huge explosion in growth in the last year particularly.

While there are so many listed on CMC, will each of these tokens survive in the coming years? This was one of the topics of discussion in a recent Bloomberg TV interview with Coinbase‘s co-founder.

Fred Ehrsam, the former Goldman Sachs exec was quick to respond to this topic. He stated:

“People are going to try all sorts of things. There’ll be millions and millions of cryptocurrencies and crypto-assets, just like there were millions and millions of websites. Most of them won’t work.”

Ehrsam had similar sentiments about the hot trending NFTs within the crypto industry. he drew parallels to the early internet companies from the late 1990s and NFTs. He stated:

“I go so far as to say that 90% of NFTs produced, they probably will have little to no value in three to five years. You could say the same thing about early internet companies in the late ’90s too, though.”

The timing of such a bold statement is quite strange. Especially considering the massive interest NFTs have seen. Most recently, a pixelated digital figure, known as CryptoPunk #3100 sold for $7.58 million making it the second most expensive NFT ever, behind artist Beeple’s digital artwork. NFTs have seen a major boom in the music and fashion industries as well with various artists publicly supporting it.

But what changed since 2017? Here’s what Ehrsam said on this topic:

“The thing that changed in 2017 is all of a sudden the doors opened to much broader applications. Ethereum came on the scene and showed that blockchain-based applications were possible to build … I think over time we’ll see mainstream consumer apps, and perhaps NFTs are a weird ‘bleeding edge’ of exactly that.”

Moving on from one buzzword to another, Ehrsam spoke about  Dogecoin as well. He stated:

“If crypto has taught us anything, it’s never to dismiss a good meme that couldn’t later manifest into more concrete progress.”

Future of the crypto industry

Even though he criticized the different bubbles within the crypto market, he remains optimistic about Bitcoin and other ‘meaningful’ cryptocurrencies.  He added:

“The world doesn’t change overnight, but you can see the seeds of exponential growth occurring already. So I do think we will live in a future where for us to coordinate, we won’t need these centralized platforms today. That’s already true of financial services, in that you can be your own bank. You don’t need a central institution to hold your money anymore.”

Subscribe to our Newsletter

Coinsmart. Beste Bitcoin-Börse in Europa

Continue Reading


CoinEx — A Convenient Global Digital Coin Exchange



CoinEx is a digital asset trading platform that caters to both beginner and professionals traders. The platform combines the best practices and advanced technical features to satisfy the needs of different users.


As the cryptocurrency market is on the rise, traders and experienced investors are looking for reliable and comprehensive trading platforms where they can safely buy and sell coins. 

Unfortunately, a vast majority of cryptocurrency exchanges target only a narrow audience, their teams do not strive to make the platforms truly convenient for everyone. 


Cryptocurrency exchange CoinEx is an exception here. Let’s have a closer look at what makes it stand apart from the crowd.

Overview of CoinEx main features

CoinEx is a digital asset exchange founded in 2017. At the end of May 2021, the platform ranks at number 55 in the CoinMarketCap based on the total trading volume in the spot market.

Important facts about CoinEx:

  • Number of listed cryptocurrencies:  264
  • Number of trading pairs: 497
  • Traffic ranking among the spot digital assets market: 41
  • Supported languages: Russian, English, Chinese (Mandarin and Traditional), Japanese, Korean, Indonesian, Turkish, Spanish, Vietnamese, Arabic.
  • Trading without registration: **No
  • Buying cryptocurrency for fiat:  ***Yes
  • Privacy mode: ****Yes
  • Multi-language support attracts users from all over the world and thus helps to increase liquidity. 

** You have to register an account before you can start trading. The procedure is simple and straightforward: users are asked to provide their email and phone number (the system will send an SMS with the verification code). Also, the phone number can be used for activating two-factor authentication.

*** The exchange partners with several payment service providers that allow buying crypto for fiat. For example, you can buy bitcoins through Simplex or MoonPay, Advcash, Paxful. Each system has its limitations. The minimum deposit is the equivalent of $100. In total, CoinEx allows buying crypto for 32 fiat currencies, including the US dollar and the euro.

**** Several limitations apply to unverified accounts. See more details below.

CoinEx displays prices in a user base currency, for example, in US dollars, rubles, or Swiss francs. The exchange has a simple interface, and instruments for professional trading, including various technical indicators.

CoinEx interface. Source: CoinEx Exchange

CoinEx has a mobile app for Android and iOS. As stated on the official website of the project, the exchange serves customers from over 100 countries around the globe.

Recently, the developers released a new interface that allows users to track prices and trading volumes of cryptocurrencies.

Also, the platform has handy filters to sort the assets and parameters. For example, using favorite tags, you can quickly find DeFi projects or NFT tokens.

Additionally, the developers added information about market trends and analytics tools for the referral program.

CoinEx fees

The fees depend on trading volumes and the amount of CoinEx native currency, CoinEx Token (CET), held by the user. Below are the trading fees based on the amount of CET parked on the account:

CoinEx fees. Source: CoinEx official website

Also, the fees depend on the user’s trading volume. The system calculates data every month.

CoinEx fees table. Source: CoinEx official website

Refer to the official website to learn more about trading platform fees, including deposits and withdrawal charges.

CoinEx referral program

The exchange pays its users if someone registers with the platform via their referral link. You can find it in the “account” section on the top panel of the platform, in the “referral reward” field.

CoinEx pays up to 40% of the commissions received from the invited users. However, the actual percentage depends on the number of CET tokens held on the inviter’s account:

  • VIP0 – up to 1000 CET – 15%;
  • VIP1 – from 1000 to 10,000 CET – 20%;
  • VIP2 – from 10,000 to 100,000 CET – 25%;
  • VIP3 – from 100,000 to 500,000 CET – 30%;
  • VIP4 – from 500,000 to 1,000,000 CET – 35%;
  • VIP5 – from 1,000,000 CET – 40%.

Invitees can set the percentage of cashback they want to share with the people they invited. For example, if a user with VIP3 has set a 5% cashback, then the fee will look like this:

  • 25% to the inviter;
  • 5% to the invitee.
  • Also, users can create up to 20 referral links and set a different percentage of cashback for different friends.

At the time of this writing, the platform’s top referrals by aggregate income are:

CoinEx referral program income

It is important to mention that the inviter will receive the referral fees for one year after the registration. To get payments for an unlimited time, you should register in the ambassador program. CoinEx Ambassadors receive up to 50% commissions and up to $500 for marketing assignments.

Cryptocurrency exchange security

CoinEx uses a variety of tools to ensure that users’ assets and personal data are secure. for example, the exchange offers two-factor authentication that can be activated during the registration process.

TOTP authentication, anti-phishing codes, and transaction confirmation tools can also be used to enhance security. You can find them in the account settings section.

There is no information about hacks. It confirms the efficiency of the tools and strategies employed by the team to ensure users’ security.

Verification levels

Mobile phone numbers and email addresses are all you need to start working on CoinEx. However, the level of verification defines the limits applicable to the user account.

For example, a verified phone number and email allow withdrawing up to $10,000 per day. To raise the limit to $1,000,000, you need to verify your ID. The account status is shown under the Account Level section.

What users say about CoinEx

In most cases, traders are positive about CoinEx. They love fast system operation, low fees, user-friendly interface, and efficient customer support.

Most of the critical comments are centered around a small list of tokens available on the platform as compared to other popular exchanges.

However, CoinEx believes that this approach ensures better focus on the most liquid coins instead of wasting energy on fly-by-night projects that regularly appear on the market and often create risks for investors.

Communication channels

The CoinEx team strives to get regular user feedback. For that matter, the developers launched several communication channels. For example, you can get answers to questions on the platform’s official website in a dialog box. Also, users can get in touch with the team via social media platforms. Below are the most popular communication channels used by the exchange:

CoinEx ecosystem

The CoinEx developers have chosen an integrated approach. Instead of focusing on a digital asset trading platform, they created a comprehensive suite of complementary projects. Apart from the trading platform, the ecosystem includes:

  • CoinEx Smart Chain. The CoinEx Chain team recently announced the transition from CoinExChain to CoinEx Smart Chain.
  • ViaBTC Mining pool. One of the largest platforms for mining digital assets.
  • ViaWallet/ decentralized multicurrency crypto wallet. It can be used to store digital assets and make transactions.

CoinEx has official APIs that can be used to integrate the company’s products into user platforms.

CoinEx also offers passive income via Financial Account and Automated Market Making (AMM).

Users can deposit money into the CoinEx liquidity pool for automated market making. 50% of the trading fees are distributed among all liquidity providers on a pro-rata basis.

For example, the ONES/USDT market generated trading fees of 1000 USDT. If the user contributed 10% of the liquidity to the pool, they would receive 1000*50%* * 10%=50 * 10% = 50 USDT as a payout. (For CET trading pairs, users can receive 100% commissions).

A financial account allows earning passive income by providing loans for margin trading. As of May 21, the 7-day APY on USDT was 13.3%.

Final thoughts

Despite some minor shortcomings, the CoinEx exchange deserves attention for several reasons, among which the following can be distinguished:

There is no information on security breaches. The developers have provided users with all the tools they need to protect their accounts and assets.

CoinEx exchange is easy to use. The platform has all the necessary tools for professional trading.

On CoinEx, you can buy a cryptocurrency for rubles and tenge.

The developers used an ecosystem approach. The project offers a wide range of complementary digital asset products.

CoinEx supports anonymous trading. Email address and phone number are all you need to start trading.

CoinEx has a fully functional mobile application.


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

The opinion of BeInCrypto staff in a single voice.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa

Continue Reading


Bitcoin (BTC) Has Roller Coaster Weekend, Revisits Crucial Support



Bitcoin (BTC) decreased considerably last week, approaching the May lows near $30,000.


While a short-term bounce could occur, it seems that both the daily and weekly trends are bearish.

Long-term bitcoin movement

The weekly BTC chart provides a bearish picture. Bitcoin appeared to have begun a bullish movement two weeks ago after creating a bullish hammer candlestick with a long lower wick. The bounce occurred right at the $32,500 long-term horizontal support area (green icon).


However, it created a bearish candlestick last week, engulfing the previous bullish candle and negating the bullish sentiment.

Despite still trading above support, technical indicators are bearish. The MACD histogram has crossed into negative territory, the RSI has fallen below 50, and the Stochastic oscillator has made a bearish cross.

If a breakdown occurs, the next support would be found at $27,000. This target is the 0.618 Fib retracement support level.

BTC Horizontal support
BTC Chart By TradingView

Ongoing rejection

The daily chart also provides a bearish outlook. BTC has been falling since it was rejected by the $41,250 resistance area on June 15 (red icon). 

Technical indicators are bearish. The MACD histogram has given a bearish reversal signal (red icon) and its signal line is well below 0. The RSI is also below 50 and decreasing, and the Stochastic oscillator has made a bullish cross but has lost all of its strength.

These readings support those from the daily time frame in suggesting that BTC is expected to eventually break down.

BTC rejection
BTC Chart By TradingView

The two-hour chart shows some bullish signs in the form of a bullish divergence in both the RSI and MACD during the most recent lower low. Following this, BTC created a higher low. 

However, it’s facing strong resistance from the $35,000 area in the form of both a descending resistance line and a horizontal resistance level. 

Breaking out above this level would indicate that the price is likely heading towards the 0.382, 0.5, or 0.618 Fib retracement resistance levels. 

Nevertheless, this would most likely be just a short-term bounce in a longer-term bearish trend.

BTC short-term resistance
BTC Chart By TradingView

BTC wave count

The wave count shows that BTC is likely in cycle wave four (red) of a bullish impulse that began on Dec. 2018. It is now decreasing, potentially completing a fourth wave pullback. The wave count is given in white. It indicates that BTC is likely still in the first part of the correction.

The 0.618 Fib retracement support level is at $27,000, while the resistance line of the channel near $20,000.

A move that lasts as long as cycle wave two (red) would continue until the end of December 2021. However, other potential length ratios are the 0.382 and 0.618 Fib time levels. The former ends on July 19 while the latter on Sept. 20. 

A decrease below the wave 1 high at $13,880 would invalidate this wave count.

BTC long-term
BTC Chart By TradingView

The daily chart shows the sub-wave count in orange. It shows that BTC is in the fifth and final wave of a bearish impulse, that completes wave A. 

There is a confluence of Fib targets between $23,500 and $23,070, found by the length of sub-wave 1 and an external retracement on sub-wave four. 

If this fails to play out, the next most likely target would be $19,800, found by using a Fib projection on the length of sub-waves 1-3.

Daily wave count
BTC Chart By TradingView

While the very short-term wave count is not entirely clear, the downward movement looks impulsive. In addition, the upward movement that led to the $41,341 high looks corrective. 

Therefore, it’s likely that BTC is in minor sub-wave one (black) of a bearish impulse that will gradually take it towards the previously outlined target near $23,000. 

Bearish impulse
BTC Chart By TradingView

For BeInCrypto’s previous bitcoin (BTC) analysis, click here.


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo.
In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa

Continue Reading
HRTech35 mins ago

Only 43% of those aged 50+ are focused on their mental health

HRTech39 mins ago

UK workers expected to return to offices, but people are feeling mixed emotions about it

HRTech43 mins ago

Five ways to avoid presenteeism with a remote workforce

Aerospace45 mins ago

Aenium and Pangea form AM rocket propulsion agreement

Aviation48 mins ago

Airbus Has Just 3 A380s Left To Deliver

Blockchain53 mins ago

Coinbase-backed Crypto Financial Startup Amber Group Raises $1B Investment Round

Aerospace55 mins ago

Boeing’s largest 737 MAX plane has taken to the skies

HRTech58 mins ago

The entrepreneurial capitals that have thrived over the past year

ACN Newswire58 mins ago

Joy Spreader Plans to Adopt a Share Award Scheme through a Stock Repurchase Program

Aerospace1 hour ago

Boeing completes maiden flight of 737-10 aircraft

Aviation2 hours ago

The Story Of Al Maha Airways: Qatar Airways’ Closed Saudi Subsidiary

Blockchain News2 hours ago

Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline

Cyber Security2 hours ago

Certified Information Security Systems Professional Certification

Blockchain2 hours ago

Dogecoin lessons? Why one shouldn’t ‘dismiss a good meme’

Start Ups2 hours ago

Applications now open for the COVID-X acceleration programme! Using data-driven solutions to save lives (Sponsored)

Energy2 hours ago

TM2 Launches Global Technology Metals Trading Platform

Energy2 hours ago

Sunport Power: Tři nové panely s technologii MWT zazářily na veletrhu SNEC

Energy2 hours ago

Sunport Power: Drei neue MWT-Panels glänzen auf der SNEC

Energy2 hours ago

Sunport Power : trois nouveaux panneaux MWT brillent lors du salon SNEC

Energy2 hours ago

Sunport Power: trzy nowe panele MWT błyszczą na SNEC

Energy2 hours ago

Sunport Power представляет три новых MWT-панели на SNEC

Energy2 hours ago

Xinhua Silk Road: 2021 World Industrial and Energy Internet Expo & International Industrial Equipment Exhibition held on Fri. in E. China’s Changzhou

Blockchain2 hours ago

CoinEx — A Convenient Global Digital Coin Exchange

Fintech2 hours ago

Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

AR/VR2 hours ago

Facebook Developing VR Wristband That Operates via Brain Signals

Start Ups3 hours ago

GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent

Blockchain News3 hours ago

Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland

AI3 hours ago

The Third Pillar of Trusted AI: Ethics

Aviation3 hours ago

What Happened To La Compagnie’s Boeing 757s?

Big Data3 hours ago

How to Plan a Threat Hunt: Using Log Analytics to Manage Data in Depth