Bitcoin is enjoying a surge in popularity and value over the last few years. It’s become widespread and universally acceptable not just on websites but on brick and mortar shops as well. For those who are looking to get into bitcoin, here are 5 ways to invest in the digital currency. Mining Bitcoins Bitcoin mining is a common way to acquire bitcoins and for free. Investing is done by buying a capable hardware and running it to solve mathematical problems. Once proof of work is submitted the user is awarded a certain amount of the cryptocurrency. Users log in to…
Author: Cristina Macias
Bitcoin is now more than just a passing craze. In recent years it has grown into a respectable digital currency and is rising at an unprecedented pace. And it doesn’t stop there. Here are 4 reasons why Bitcoin will continue to move forward as the years go by. Bitcoin is Becoming More Useful Bitcoin is considered a digital asset and enjoys the benefits that come along with it. It has a monetary policy that dictates when new ones are created, how many of them are in circulation and allows owners to see where it’s going. Bitcoin can be sent halfway…
The term ‘cryptocurrency’ is an umbrella word used to describe digital coins. Perhaps the most famous example of a cryptocurrency is Bitcoin, which was founded in 2009. Those who are thinking of investing in cryptocurrency will want to check out the following: Bitcoin Bitcoin is still by and large the most popular cryptocurrency and enjoys the most attention. It was founded in 2009 by the enigmatic Satoshi Nakamoto and captured the world’s attention since. Bitcoin uses blockchain technology, or otherwise known as P2P transaction via a decentralized ledger. It’s one of the first to offer near-instant payment transfers anywhere in…
Cryptocurrency has been a hot topic over the last few years, but not everyone has had the chance to put their money in it. It’s not too late to invest, though. Here are 5 reasons on why you should invest in cryptocurrency. It’s Easy Investments, particularly the ones offered by financial institutions are complicated. There’s bonds and stocks, each with its own set of rules and restrictions. Others, like real estate investments require high dollar entry just to get started. Taking part in the bitcoin revolution is way easier. You can join a platform such as Bitcoin Revolution, add funds…
Thinking of investing in cryptocurrency but don’t know where to start? The internet is a good place to gain knowledge about cryptocurrency in general. However, there are things you should know before you put your money in an automated trading software such as Bitcoin Up, or putting your money into buying bitcoins. Cryptocurrency Value Fluctuates Quickly It’s been said that cryptocurrency is more volatile compared to other asset management platforms such as Forex and stocks. Bitcoin, for example was valued between $900 and $20K in 2017 alone. Investing in bitcoin is a more risky endeavor, but the rewards are well…
Predicting trends in the cryptocurrency industry is always exciting. Compared to fiat currency there’s so much potential and the trajectory is near-infinite due to its digital nature. Which coins will see prominence? Which ones will fall by the wayside? Furthermore, what kind of technology will we see integrated with blockchain and bitcoin as a whole? The Rise of 5G 5G is heralded as the new data transmission speed. Companies are gearing towards new services, concepts and products that harness it, including the cryptocurrency industry. There’s a lot that can change- DeFi apps and mining are just the tip of the…
Trading in bitcoin is understandably difficult at first. Since it’s a relatively new digital currency people can struggle to exchange them for other valuable goods, such as gold, stocks or other money. Still, there are benefits to be had in trading in bitcoin cryptocurrency, all of which outweigh the learning curve. A Profitable Future Since Bitcoin was introduced to the world in 2008 people have taken to decentralized assets. The idea of a digital currency being available 24/7, as well as fast processing speeds have made crypto more than just a fad. Nowadays we see companies like Apple creating virtual…
Trading Bitcoin has become as popular as trading stocks and other commodities, but what are the benefits of doing such a thing? Bitcoin and cryptocurrency are being viewed as the next big investment, and with good reason too. Ever since it was launched in 2008 the digital money has boomed, gained in value and turned mainstream. Here are 5 benefits of trading bitcoin online: 1. Very Low Transaction Fees One of the reasons why investors are keen on trading Bitcoin is because it offers a low processing fee compared to other commodities. Unlike fiat currencies that charge upwards of 5…
The battle in between Banks vs Fintech can be considered as one of the most prominent clashes that you can find in the financial industry. Even though the banks have started embracing digital transformation, it is important to see whether this battle has any resemblance with the battle of David vs Goliath. Banks Are Resisting Digital Revolution Banks resist the digital transformation started by Fintech. Hence, it has given life to a clash in the financial industry. This clash can effectively be mitigated if one party can come to a common agreement, but it doesn’t seem to be happening in…
Forex trading can be as complicated or as simple as your trading strategies. The biggest global financial market attracts new traders all the time due to its investment potential. It is also a daunting task that can emotionally and physically drain you if you do not lay down a proper trading strategy. Becoming a successful forex trader will require a well-established trading strategy. Even if you choose to use the services of a broker, ensure their strategies match your needs. What Is a Trading Strategy? It is a well laid down plan to help a trader attain trading goals by…