Author: Tendai Parks

Tendai is a Nexym Finance writer. Having a knack for finance, he started investing at 21 growing his own wealth and that of his family's. After getting an MBA from the Wharton School of Business, he went on to work in high profile hedge funds in New York. He now runs his own financial management company from sunny Florida.

Options trading explained Options trading is the process of buying and selling shares of the same stock at the same time at different prices. You can also sell stock options to earn cash now or use them as insurance to protect your investments against market downturns. Trading options is a popular investment tactic to generate income that has increased in popularity over recent years due to its flexibility and profitability potential. Traders using this strategy enjoy an array of benefits including hedging against unexpected risks or losses, generating income from short-term fluctuations in share price, limiting exposure to fast-moving markets,…

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Ethereum is a cryptocurrency and decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. Initially proposed in 2013 by Vitalik Buterin, Ethereum has since grown to be the second-largest blockchain network behind Bitcoin with a market cap of over $40 billion USD at the time of writing. In this article, I will attempt to provide you with everything you need to know about Ethereum including its history and what makes it different from other cryptocurrencies. What is Ethereum cryptocurrency? Ethereum is a decentralized, open-source cryptocurrency that was…

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What is Bitcoin Bitcoin everywhere! Bitcoin is a cryptocurrency, also known as a digital currency and it’s obtained through bitcoin mining. Of all the currencies, I’m most excited to use it because it allows you to send and receive money instantly, anywhere in the world. It’s also the most popular and valuable cryptocurrency globally and has gained an excellent reputation and advantage throughout the years. It was created in 2009 by Satoshi Nakamoto, who remains anonymous to this day – no one knows their true identity precisely! Why is Bitcoin popular Bitcoin became so popular because there are many benefits…

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