crypto investments

How Crypto is Changing the Future of Economy? 

If you’ve been following the news recently, you may have heard that bitcoin is going to crash again or that it has no value. These and other common misconceptions about cryptocurrency are not just false, but they obscure the real story: The way money works is changing, and digital currencies like bitcoin are leading the charge. In this article, we explore how cryptocurrency is revolutionizing the global economy.

What is Cryptocurrency?

Cryptocurrency is digital money that can be used for online shopping, transfer of value, or financing business ventures. Bitcoin, Ethereum, etc. are examples of cryptocurrencies and they are even traded in different platforms such as https://traderswithedge.com. The supply of each of these digital currencies is controlled by computer algorithms, not by central banks or other government institutions.

Cryptocurrencies are decentralized and their digital ledgers are publicly viewable by anyone. Anyone can transfer cryptocurrencies between two people without needing a financial institution to facilitate the transaction.

How Cryptocurrency is Changing Business and the Global Economy?

We are seeing a growing number of businesses accept cryptocurrency payments. This is a big change because these same businesses used to shun virtual money as too risky. Now they are welcoming crypto as a new source of revenue. There are many reasons behind this growing acceptance. One is the growing popularity of blockchain technology, which is responsible for powering transactions with cryptocurrencies.

Businesses see that blockchain is a secure, efficient way of processing payments that they may not have had access to before. They are also seeing that many of their customers are already using cryptocurrencies, and that they want more ways to pay with them. 

How You can Benefit from the Rise of Crypto?

If you buy cryptocurrency now, you can grow your investment as the market grows.

Investing in crypto is different from buying stocks or other securities, but the rewards can also be much higher. Crypto investing also offers more immediate rewards compared to other asset classes such as stocks, bonds, or gold.

And because of the reason that crypto market is still fairly new, even in this modern digital age, there are many opportunities for people to get involved and make money. It’s not too late to get started. To begin, it’s important to understand the basics. Once you know how the market works, you can make informed decisions about how to invest. There are many ways to invest in cryptocurrencies.

Posted by Ness Shantel in Cryptocurrency

Cryptocurrencies – Managing These Digital Assets

Playing qq online on credible websites has become popular in many countries across the globe especially in Asia. Not only do players get to enjoy various incredible game but also get a chance to win some money or profit from in a space that is safe. Moreover, with qq online in trusted sites, bonuses and promos are great and customer help and support is excellent.

When playing in qq online, you get to wager real money and so have the potential to win real money as well. However, today, when playing in trusted online gambling sites, you not only get to play and win real money but could now also make use of cryptocurrency to place a wager to play such games. Hence, you have the chance to win cryptocurrency too.

Management of Digital Assets

As cryptocurrencies are now used by many companies and businesses, it’s now wonder that the online gambling and gaming industry also made a move to incorporate cryptocurrencies into the system. But, if you would want your cryptocurrency assets to grow, it is much better to invest it than to gamble it away.

When gambling with real money, it is imperative for bettors to have a money management strategy and system to ensure your bankroll won’t be depleted and that you don’t touch and make use of restricted funds, such as savings funds, emergency funds, money for household expenses, and educational funds.

Like gambling, it is also essential to have an asset management system for your cryptocurrency assets, ensuring that they are safe and that you find effective means to grow them, especially that the values of cryptocurrencies are volatile.

How To Manage Cryptocurrencies

Recent trends strongly show that digital assets, or cryptocurrencies, in the near future can put aside other types of tangible assets. Although it is widely popular, managing such digital assets seem to be of no great concern. However, while many have become very skilled in asset management, many investors within the digital space clearly make a great effort to do this.

To maximize profits as well as sustain them, below are two of the many digital asset management advices to consider:

  • Look for and Adopt a Protected Means of Storage. The initial step to manage digital assets is to make certain that they are kept or stored securely from hackers. As per Ciphertrace, in the initial quarter of the year 2019, more than 365 million US dollars in cryptocurrency was filched from exchanges, therefore bringing the sum of filched crypto to over 1 billion US dollars. These thefts bared the security defects and errors of hot wallets as well as their great susceptibility to cyber-attacks. Cold wallets or hardware wallets are the most protected when storing crypto as they are only online when the holder accesses them. Moreover, they are greatly immune to hacking however susceptible to misplacement or damage.
  • Track your Assets. Typically, our holdings are distributed across numerous wallets making it quite difficult to track. When this challenge is overcome, the benefits will be more. When you frequently track digital assets, you avoid losing and forgetting your assets, allow investors to keep accountability as well as to monitor the movements of the market price.

Posted by Ned Queen in Cryptocurrency

Five Ways You Can Invest In Cryptocurrency

Investing money that you do not need immediately is something many people are looking forward to. Whether it is about shares, real estate or consumer goods, people have always been looking for investment opportunities to grow their assets. One of the most recent major trends is investing in crypto. They have been around a decade now (at least for  Bitcoin) and have already brought in quite a few extra millionaires. Crypto were seen a few years ago as the alternative to existing currencies. And very many see crypto as an alternative to many insurance types such as the final expense life insurance for seniors. Although this is currently not so bad in practice, there are various ways to invest in it. Here are more ways to invest in crypto.

Ways To Invest In Cryptocurrencies

1. Trading in crypto

The most common way to invest in crypto is by trading. This is also called crypto trading or trading. Trading in crypto is fun because you are really active in buying and selling. Keep in mind that it takes time to get to know and follow the market. This is necessary to reduce your chance of losing and to increase profit. So first do a good research on the different coins to assess the profitability. Buy the coins that you expect to increase in value through a trading platform, and save them in a wallet. Then wait until they increase in value and sell them for a profit.

2. Invest for the long term

Another option to invest in crypto is to purchase it for a longer period. Although some people dropped out after the big fall in the value of Bitcoin in early 2018, this currency has again shown steady growth this year. And given the high point at the end of 2017, there is still a lot of potential in this. Buying Bitcoin can therefore certainly yield a nice profit. In addition, there are also plenty of altcoins with potentials, such as Ripple, Ethereum, NEO and Cardano. Although no one can predict exactly what the value of cryptos will be in the future, there are great expectations among some connoisseurs.

3. Invest in STOs and ICOs / IEOs

Another way to try to grow your assets is by investing in STOs and ICOs or IEOs. Behind these coins are real companies, unlike with digital coins. An STO (Security Token Offerings) is a share in an organization or is entitled to a portion of the profit. You can see it as a sort of IPO on the blockchain. An ICO (Initial Coin Offering) or IEO (Internal Exchange Offering) is a crowdfunding project within the blockchain industry. At an ICO you can buy coins via the platform of the blockchain project itself, while you can buy an IEO via a crypto-exchange.

4. Invest in a mining company

Crypto must be loved. Computers verify transactions and record them in the blockchain. By making complex calculations, your computer receives a reward for this. A few years ago it was still interesting to mine. These days, mining requires more and more computing power. In addition, it is almost no longer profitable due to the high electricity costs. You can, however, invest in a mining company that collects money to realize computing capacity.

5. Invest indirectly through a fund in crypto

The investment opportunities mentioned above as the first two, in particular, are difficult. You have to keep an eye on the price and decide when you want to buy or sell. To make investing in crypto easier and more interesting for institutional investors and, for example, investment funds, there are now also more ready-made solutions. An example of this is an ETN (Exchange Traded Note), with which you can invest in crypto without owning it. The development of this has only just begun, but it could well become popular.

We are only at the beginning of the blockchain and crypto revolution and there are still plenty of opportunities to make money. By the way, always keep investing wisely. A large part of the crypto market is not regulated. Your profit can be high, but your loss can also be large.

Posted by Laney Seward in Cryptocurrency