Should Cryptocurrency be taught in School?

Despite the fact that the idea behind bitcoin persists to separate its supporters and critics, the interest for digital currencies or cryptocurrencies, like the perfect money to bitcoin exchange, has moved from the business domain to the lecture halls and classrooms seeing that courses on blockchain materialize in academic institutions like high schools and universities all over the globe. However, the question is, should cryptocurrency be taught in the classroom?

One exclusive institution of higher education in the US, the University of California, is now offering lessons on cryptocurrencies, alongside universities in New York, Pennsylvania, and Stanford. Some high schools were urged to begin offering educational sessions on cryptocurrencies which are non-curricular since many students in high school were asking for it. Timothy Breza, a teacher in New Jersey, told CNN that cryptocurrencies are now part of his course in Business and Personal Finance for students ages 16 to 18 years old. According to Breza , “If one student is talking about it, many of them are talking about it. So I figured we needed to include it.”

The University of Cambridge in the UK announced in 2016 that in their degree on Masters in Finance, the blockchain technology was integrated. They are the first university to incorporate the said degree and blockchain.

So, should the whole idea of crypto be taught in schools?

According to Nate Flanders who manages a trading platform on cryptocurrency, academic institutions should “absolutely” incorporate blockchain grounded on the advantages of coding.

“What it really comes down to is, continuing to push coding generally into the school system.” says the Co-Founder & CEO of Mandala Exchange to Express.co.uk. “With the current push towards integrating the fundamental programming languages into school systems, blockchain should become a complimentary area of study with the possibility to major in it or specialize.”

Digital currencies are yet at its early stages and their instability or volatility have been radical. In the early months of 2018, Bitcoin collapsed to the $6,400 mark losing half of its worth. It was at its height back in December of 2017 where it reached nearly $20,000. Nonetheless, its fall is indicative of the trade’s susceptibility to hacking and invokes for control.

Christian Ferri the President and CEO of Blockstar, a company that advises on blockhain, states that the volatility of these digital currencies should not discourage educators. Supporting a basic instruction of ideas would encompass “understanding what value is” and allowing pupils to perceive that a specified value can shift anytime as directed by the behavior of the market.

Learning The Trade Rules For Crypto Signals

With the aim to help out clients in purchasing, stacking and trading cryptocurrencies, a group of investors initiated the trade on Crypto Signal like this one, https://smartoptions.io/telegram-crypto-signals/.

For some, investing in the market of cryptocurrency is a major opportunity. However, just like any market, it can be unpredictable. You may generate a huge gain or may be apprehensive for possible losses. Aside from studying the market, there are rules to keep an eye on to safeguard not only yourself but your assets as well.

Trade Rules for Crypto Signals

Rule No. 1:

A blockchain asset is a natively digital asset like Bitcoin or a digitized traditional asset like digital gold, a stock or a title; where the record of ownership is recorded within a public or permission distributed ledger network.” – saltlending.zendesk.com

It is advisable, especially for those who are still beginning with crypto signals, to reserve or keep at least 80% of your blockchain assets on offline or cold storage. While it is suggested that 10% to 20% of your blockchain assets are only to be used to trade in Crypto markets. Many investors have proven that investing in appropriate blockchain assets and keeping them securely in offline storage over time has fruitfully produced huge gains for them.

Rule No.2

For the necessity of immediate or urgent trading, at no time should you use your capital.

It was mentioned in rule no. 1 to only use 10% to 20% of your assets for trading. It is suggested to divide or split this fund into lesser allotments for trading. This is so for the reason that you don’t run out of crypto coins to trade in or invest in new markets. Several traders prefer to keep their funds for trading separate between Crypto and Fiat to make trading possible in any condition the market may be.

Additional Advice

To be successful in trading crypto signals, education is a must. Learning the ins and outs of the trading system is as important as learning how to read a-b-c. A crypto signal timeframe can be from 2 days to 2 weeks. On the other hand, for more gains on certain markets, crypto signals can wait up to 6 months.

For sell order setups, double the value of a specific asset that you paid for.  Setting it up this way will allow you to get back your initial investment once the market acquires 100%. At that point, many put their returns or the value not sold or traded into cold or offline storage for a longer term hold. The initial investment is then used for investing in another or new markets.