Researching Investments in the Neighborhood

Your neighbor enjoys watching the financial news and occasionally he buys or sells a number of common stock shares in a publicly traded company. How does he do it?

He knows why he does it, before he plans how to do it. He seeks to invest in a growth company before many other investors realize it and raise the price of common stock. But, he also likes to win at what he does, and this aspect of investing can go from a plus to a minus. “How” starts with getting current, relevant and actionable investment information. A variety of free television and online resources provide that information.

Your neighbor records CNBC morning and afternoon investment television shows. After coming home from work, spending time with family and enjoying dinner with family, he spends thirty minutes – up to an hour navigating CNBC daily shows to learn investment news about the day’s financial markets. Perhaps, he will gather information about a particular company whose shares moved up or down in the news. He searches the internet for the company name in order to learn its stock symbol.

He enters the “Big Charts” to learn about the company and how its stock has worked today, and for periods of time, paying close attention to the size of the company, and whether or not it pays a quarterly dividend. By looking at the stock indicator, accompanied by the words “dividend schedule”, it can reveal that the company will pay the next dividend to shareholders who own the shares on a short-term date.

Your neighbor does not gamble. Ai investon. Rarely will he invest in a stock worth of news. Instead, from research, he may decide to add that stock to his watchlist in order to do a more in-depth analysis of what has caused the stock to move up or down in the past. Over time, he has amassed a list of about 30 stocks, with some in all ten sectors of the S&P 500. From CNBC shows, he learns which sectors are thriving today.

He trades shares with a reputable online broker who charges a $ 6.50 per trading commission. He trades only using a limited amount of money he has set aside for this purpose. He prefers to buy no more than 100 shares of any stock, and he made the purchase about a month before the company’s former dividend date, when the volume has increased in trades in that stock and he sees that the price has started to rise. He sets the purchase price as a “limit” order (because he does not want to buy if the price rises rapidly above his target price), and he keeps that order alive by choosing “good until canceled”.

If the new news changes the settings, it cancels the purchase order. Selling is a bigger challenge. After the acquisition, should the stock price rise rapidly, the temptation to sell it for a quick profit arises, but we assume that the business of the enterprise has started to rise to a new great level (stocks to be held and to passed on to grandmothers)? He pays more attention to stock news before deciding what to do about selling them. If stocks fall into unexpected bad news, he usually sells with little thought because this can limit the loss and he can calculate losses on gains on other stocks for the tax year.

not a trained professional, licensed for investment, your neighbor as well It’s not you. Do research, limit risk, and carefully learn about investments that may work for you. Your neighbor never invests in what he does not understand and never listens to specific investment trading tips. # TAG1writer

Moving Into Business and Investor Quadrants

Since some people should have knowledge of cash flow squares, I would like to talk further on the same topic. My article today discusses moving from quadrants E and S to quadrants B and I.

Quadrant E: You have a job and work as an employee in a company / organization

S Quadrant: You are self-employed and own your own job or small business

Quadrant B: You are a business owner and have a team to work for you

Quadrant I: You invest money in different businesses and the money works for you

First of all, we need to know that getting out of quadrants E and S and moving to quadrants B and I is really a terrible, nerve-wracking and arduous endeavor of life. We all want to have a luxurious life, but luxury has a high price. All of us are not able to pay such a high price. Here is why; so few people are enjoying the luxurious life. No one would have been poor and unsuccessful if it was such an easy job. So my point of discussion is: how do we move from quadrants E and S to the luxurious life of quadrants B and I? Let’s take a look at it:

All of us, of course, are not so rich and wealthy that we can easily start a business and invest money. Getting into a business and running it successfully is a tough nut to crack. Business people and investors have to deal with challenging tasks and circumstances from time to time. Not all of us are capable of such destructive nerve challenges. Business and investment are two types of mentality. These mindsets require a very different kind of training, thinking patterns, decision-making power, patience and endurance level. These qualities can only be possessed by a leader. Therefore, you need to learn how to lead, first of all. But even before that, you must learn to follow a good leader. When following a leader, start nurturing the same qualities. Choose a leader for you, spend time in his / her company and develop leadership qualities in yourself.

This will be your mental and emotional training. Together, you will explore ways you can get into business and investment. One of the easiest ways to access luxury quadrants is to join a direct selling and network marketing business. Find out which direct sales and network marketing companies operate in your city / state / country.

However, we return to our topic: the transition to Business and Investor quadrants. One thing I must recommend:

• Do not quit your job to start a business if you have no other source of income. Your job is giving you a steady monthly income. Keep earning. In addition, plan to have a higher academic qualification; saving money on business and investment; and most of all, start your training on how to get into a business. You can have instructions from the above paragraphs on how to train for business.

• Involve your family and spouse in your business and investment plans if you think they are supportive and encouraging. Support will be a great source of encouragement emotionally and psychologically.

• Adopt the company of wealthy and business people to learn about their personality traits, and what and how they do that makes them stand out.

• Ask for more knowledge on cash flow quadrants with the help of books and internet etc. The knowledge will give you a valuable insight into the topic. There are also websites that discuss the same fraternity. Based on the information, you will be able to make decisions and steps.

• Talk to your friends and close people about coming up with ideas and coming up with new ideas.

• Explore suitable business venture opportunities. Get acquainted with the trends that are in line with your talent and taste.

• See what resources and capital you will need to start your business. Check for the market scenario of what it has and what it has.

Make a plan and stick to it strictly. Build a team of other people who also want to improve their financial affairs. Together you can do wonders.

One extremely important thing is that when you start a business or plan for it, many obstacles come. Business and investment are risky, but you will have to take the risk. Without a courageous attitude, you can not change your destiny. Therefore, make a decision today, gather resources to realize it and enter a new world of luxury. When you will be able to pay the price, no one can stop you from buying a luxurious life.

Saving Money Doesn’t Mean Giving Up Quality

The American mindset today is “the bigger the better.” “The more it costs, the more it is worth.” “Take it now and pay later.” These ideas just aren’t smart. Our government is a prime example with our national debt at all times record high, which no one can pay.

Living frugally does not mean choosing poverty, and it certainly does not mean giving up quality. Many millionaires are millionaires not because they became famous or because they inherited money. They are self-made millionaires who worked hard, made sacrifices, and chose to spend their money wisely. I’m not saying that all of us who work hard, make sacrifices and spend our money wisely will become millionaires, but of course we can live much more comfortably and carefree from the stress of someone else’s debt paying wages .

Here are the things you can do to extend that page list:

1. Pay cash. If you can not afford it, do not buy it. Stop using those credit cards. Credit cards are a trap. The only way to use a credit card is to repay it in full each month. Otherwise cut it! Charging something on a credit card and then paying for it over time ends up costing you double, sometimes even triple the original cost of the item. It would be better to save a few months and pay cash, then charging and those trying to pay the credit card. Interest eats.

2. Eat at home. Pack your lunch and take it to work. Eating lunch abroad costs from 10 to 15 dollars a day. If you pack your lunch, reduce that cost to about $ 2 – $ 3 per lunch or even less if you are throwing leftovers home. This is a saving of 160 – 240 dollars per month. Not to mention, if you cut out eating out during dinner time and eat at home as a family. This is an additional savings of over $ 200 per month.

3. Compile a budget. Budget your income at the beginning of each month. Assign a certain portion of your income to your main expenses ahead of time. This will help ensure that you do not lose money. (The main expenses are: Rent / Mortgage, utilities, food, car payments, gas, insurance, savings, miscellaneous.) This helps you know what goes where and how much has left you ultimately paid in order to do not spend more than the amount.

4. Buy used or discounted new ones. You can get everything you need either used or new at a discount. You just have to know where to look. Do not pay the full price for anything. Big Lot’s, Ross Dress for Less, Nike Outlet, The Dump, etc. are just examples of stores where you can get new items at a discount. These stores also have sales and coupons on new discounted items. Garage sales, furniture rental centers, florist shops and in this day and age, the internet is a wonderful resource. eBay is a great tool for new and used items. You will be amazed at what you will find and how cheap it is once you start looking. No one will know the difference. You will become addicted!

Practical Tips on How to Trade Cryptocurrencies

For some time now, I have been closely monitoring the performance of cryptocurrencies to understand where the market is heading. My elementary school teacher routine taught me – where to wake up, pray, brush your teeth and get your breakfast has shifted a bit to waking up, praying and hitting the internet (starting with the coin) just to know what the crypto assets are Red .

The beginning of 2018 was not fun for altcoins and renewables. Their performance was crippled by frequent thoughts from bankers that the crypto bubble was about to burst. However, ardent followers of cryptocurrencies are still “HODLing” and to tell the truth, they are reaping a lot.

Recently, Bitcoin returned to nearly $ 5000; Bitcoin Cash reached close to $ 500 while Ethereum found peace at $ 300. Almost every coin was hit by newcomers who were still in the excitement phase. As of this writing, Bitcoin is back on track and selling it at $ 8900. Many other cryptocurrencies have doubled since the uptrend began and the market limit is resting at $ 400 billion from the last $ 250 billion ridge.

If you are slowly warming up with cryptocurrencies and want to become a successful trader, the tips below will help you.

Practical tips on how to trade cryptocurrencies

• Start modestly

You have already heard that cryptocurrency prices are rising. You also probably got the news that this growing trend may not last long. Some naysayers, mostly respected bankers and economists usually go ahead to call them fast-paced wealth schemes without a solid foundation.

Such news can make you invest in a hurry and not implement moderation. A little analysis of market trends and currencies worthy of cause to invest can guarantee you good returns. Whatever you do, do not invest all your hard earned money in these assets.

• Understand how exchanges work

Recently, I saw a friend of mine posting a source on Facebook to one of his friends who continued to trade on an exchange that he had zero idea how it works. This is a dangerous move. Always review the site you plan to use before you sign up, or at least before you start trading. If they offer a dummy account to play with, then take that opportunity to learn what the panel looks like.

• Do not insist on trading everything

There are over 1400 cryptocurrencies to trade, but it is impossible to deal with all of them. Spreading your portfolio in a larger number of cryptos than you can effectively manage will minimize your profits. Just pick some of them, read more about them and how to get their trading signals.

• Stay sober

Cryptocurrency are volatile. This is both their punishment and their benefit. As a trader, you need to understand that wild price changes are inevitable. Uncertainty about when to take action makes it an ineffective trader. Use solid data and other research methods to be sure when to execute a trade.

Successful traders belong to various online forums where cryptocurrency discussions about market trends and signals are discussed. Of course, your knowledge may be sufficient, but you should rely on other traders for more important data.

• Diversify significantly

Almost everyone will tell you to expand your wallet, but no one will remind you to deal with coins with uses in the real world. There are some crazy coins you can deal with for quick money, but the best cryptos to deal with are the ones that solve existing problems. Real-world use coins tend to be less volatile.

Do not diversify too early or too late. And before you make a move to buy any crypto-asset, make sure you know its market cap, price changes and daily trading volumes. Maintaining a healthy portfolio is the way to reap many of these digital assets.

Bitcoin Basics

For someone unfamiliar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked is related to the price of Bitcoin. He started one under 10 cents for Bitcoin with his introduction in early 2009. It has grown steadily since then and has moved around $ 4000 for Bitcoin recently. So in terms of the value of Bitcoin or the scale of Bitcoin, this is a more tremendous estimate of value and has created many, many millionaires over the last eight years.

The Bitcoin market is worldwide and citizens of China and Japan have been particularly active in buying it along with other Asian countries. However, recently in Bitcoin news the Chinese government has tried to suppress its activity in that country. The move knocked down the value of Bitcoin for a short time, but quickly rose again and is now close to its previous value.

The graph of Bitcoin history is very interesting. Its creator was a group of brilliant anonymous mathematicians (using the nickname Satoski Nakamoto) who designed it in 2008 to be “virtual gold” and launched the first Bitcoin program in early 2009 during the height of the economic crisis of the US They knew that to have a stable value, as if gold had a limited supply. So, in its creation, they covered the supply of 21 million Bitcoin.

Bitcoin mining refers to the process by which new Bitcoin is created. With conventional currency, the government decides when and where to print and distribute it. With Bitcoin, “miners” use special software to solve complex mathematical problems and are issued a certain number of Bitcoin in exchange.

One question that arises then is, is Bitcoin worth mining. The answer is NO for the average person. It takes very sophisticated knowledge and a powerful computer system and this combination of factors makes it inaccessible to the masses. This is even more true for bitcoin mining 2017 than in previous years.

Many wonder, who accepts Bitcoin? This question is posed in different ways, what are the stores that accept bitcoin, what are the websites that accept bitcoin, what are some retailers that accept bitcoin, what are some countries that accept bitcoin and where can i spend bitcoin.

More and more companies are starting to see the value of accepting cryptocurrencies as a valid payment option. Some of the big companies that do it are DISH network, Microsoft, Expedia, Shopify stores, Newegg, Payza, 2Pay4You and others. The two main companies at this time are Walmart and Amazon.

Ethereum is Bitcoin’s strongest rival in the cryptocurrency market and many people wonder in the question of Bitcoin vs Ethereum. Ethereum was created in mid-2015 and has gained popularity, but still ranks far behind Bitcoin in usage, acceptance and value.

One question that often arises is related to the Bitcoin scam. This author has a friend who made a purchase from a company that promised 1-2% growth per day. The company website did not list any contact information and after a few months the website just disappeared one day and my friend lost all the money he had invested, which was several thousand dollars.

You need to know how to buy Bitcoins, how to buy Bitcoin or how to buy Bitcoin by credit card in order to get started. Coinbase is a very popular site to do this. Their rate is 3.75% and the purchase limit is $ 10,000 per day. This would probably be the easiest way to buy bitcoin.

Others would like to buy Bitcoin by debit card. Coinbase also offers this service and has clear step-by-step instructions on how to proceed with your debit or credit card.

There are those who want to buy Bitcoin right away. This can be done at Paxful, Inc. and can be done through W. Union or any credit / debit card.

Other common questions that arise are what is the best way to buy Bitcoins, the best way to get bitcoins or where to buy bitcoins online. The easiest way is probably to buy it through a digital asset exchange like Coinbase mentioned earlier. Opening an account with them is painless and once you have linked your bank account with them, you can buy and sell Bitcoin very easily. This is quite possibly also the best place to buy Bitcoins.

You need to know what a Bitcoin portfolio is and how to use it. It is simply the Bitcoin equivalent of a bank account. This allows you to receive Bitcoins, save them and send them to others. What it does is store a collection of Bitcoin privacy keys. It is typically password-encrypted or otherwise protected against unauthorized access.

There are several types of digital wallets to choose from. An online portfolio allows you to send, receive and store Bitcoin through your web browser. Another type is a desktop portfolio and here the portfolio software is stored directly on your computer. There are also mobile wallets which are designed to be used by a mobile device.

One question that comes up from time to time is that of Bitcoin stock or how to buy Bitcoin stock. By far the most common way to act in this area is to buy Bitcoin directly and not its shares.

There is an entity called Bitcoin Investment Trust which is an investment fund that is created to follow the flow of the Bitcoin market. Some analysts however call this a risky way to get involved in this market.

The Bitcoin USD exchange rate is a benchmark followed closely both on a daily basis and in the long run over the last 8 years since its introduction to the world financial market. One company known for getting the most current rate in Bitcoin rating is XE. They show the Bitcoin valuation in USD and also the full Bitcoin price chart, Bitcoin value chart and Bitcoin chart in USD. If you ask, “How much does a Bitcoin cost?” you will always know from their constantly updated graphs.

Similar questions coming up in this area relate to the bitcoin rate history, the bitcoin price chart directly, the bitcoin exchange rate to the dollar, the bitcoin dollar chart and the 5 year bitcoin chart. The aforementioned website, xe, is also a good source for answers to these questions.

Regarding Bitcoin cash, viz. to get USD from selling Bitcoin, Bitwol is a company that enables you to do that. WikiHow is another company that will guide you through this process.

The projected value of Bitcoin is a topic that is often discussed. In January 2015 the price of a bitcoin was $ 215. It is currently around $ 5000. This is a phenomenal increase and one beyond what most experts would have predicted at the time. Currently when reviewing forecasts by experts around the world, a common answer seems to be that the high value will be set at around $ 10,000 and one expert even predicted a value reaching $ 100,000.

Bitcoin "eCommerce" Trick

The Bitcoin eCommerce trick is basically when you accept “crypto” money in an eCommerce store (for real world goods). While the payment you receive will be 100% “crypto”, you are able to exchange the “cost” of goods sold (COGS) out through an exchange, and keep profits as “crypto”.

The goal is to increase any price increases on the underlying “crypto” assets, which should amplify your profits. Obviously, this works the other way around – in that it can also lead to a loss of profits due to a drop in the price of the “crypto” tokens you are paid. However, in general, if you play the game properly – you should be able to increase your winnings quite significantly with this method.

This guide will briefly explain the various points about how this works. To do this means you need to make sure you fully understand what you are doing, and how the process will grow …

First, if you have an eCommerce store, you will need to accept payment.

With the abundance of services online today (including types such as Stripe and PayPal), you have many ways to “receive” payments without the need for a traditional “merchant account”.

One of the newest ways to do this is with a service called BitGo. This is a “bill payment” system for “crypto” tokens. Basically, this allows businesses to accept cryptocurrency for their products or services, allowing users to take full advantage of them like Bitcoin, Ethereum etc. without fear of any security issues (BitGo is very focused on implementing security).

This means that if you get any money through “crypto” tokens, while their price will often be in line with the various “fiat” currencies – they will usually be quite volatile. For this reason, it often happens that many eCommerce store owners simply “exchange” their “crypto” tokens with 100% fiat currency either at the end of the month, or after an order has been received.

The “trick” used by a large number of store owners is to actually keep them EARNINGS in the “crypto” ecosystem. This means they pay for everything else – including their COGS types, storage and administrative costs – while keeping net profit in their exchange accounts.

In doing so, they have nothing to lose (and everything to gain) by letting their holdings soar into BTC price waves and other “crypto” tokens – multiplying their holdings faster than any account saving could sometimes do.

Top Cryptocurrencies for 2018: What Are the Best Bitcoin Alternatives?

Important: This position should not be considered an investment council. The author focuses on the best currencies in terms of current use and adoption, not from a financial or investment perspective.

In 2017, crypto markets set the new standard for simple profits. Almost every part or chip made incredible returns. “A rising tide throws all the ships,” as they say, and the end of 2017 was a flood. Rising prices have created a positive feedback loop, which is attracting more and more capital into Crypto. Unfortunately, but inevitably, this galloping market is leading to a massive investment. Money has been indiscriminately thrown into all sorts of dubious projects, many of which will not bear fruit.

In the current bearish environment, hype and greed are replaced by a critical appraisal and prudence. Especially for those who have lost money, marketing promises, endless coins and charismatic oratory are no longer enough. Well, the basic reasons to buy or hold a coin are Paramount once again.

Basic factors in evaluating a cryptocurrency-

There are several factors that tend to overwhelm price and price pumps, at least in the long run:

Adoption angle

Although the technology of a cryptocurrency or ICO business plan may seem surprising to the user, they are simply dead projects. It is often forgotten that wide acceptance is an essential feature of money. In fact, it is estimated that over 90% of Bitcoin value is a function of the number of users.

While the acceptance of Fiat is trusted by the state, the acceptance of cryptography is purely voluntary. Many factors play into the decision to accept a currency, but perhaps the most important consideration is the likelihood that others will accept the currency.

Safety

Decentralization is essential to the model I push of a real cryptocurrency. Without decentralization, we have a little closer to a Ponzi scheme than a real cryptocurrency. Trust in individuals or institutions is the problem — a cryptocurrency tries to solve it.

If dismantling a coin or a central controller could change the transaction register, it is calling into question its fundamental security. The same goes for parts with unproven code that have not been fully tested over the years. The more you can rely on the code to function as described, regardless of human influence, the greater the security of a currency.

innovation

Valuable currencies try to improve their technology, but not at the expense of security. True technological advancement is rare because it requires a great deal of expertise — and also wisdom. Although there are always fresh ideas that can be drawn, if you do so puts weakness or criticism of the original purpose of a coin, it loses the issue.

Innovation can be a difficult factor to assess, especially for non-technical users. However, if a currency code is stuck or does not receive updates that address important issues, it could be a sign that developers are weak on ideas or motivations.

incentive

The natural economic incentives in a currency are easier to understand for the average person. If a coin had a large pre-mine or an ICO (initial part offer) team held a significant chunk of chips, then it is quite clear that the main motive is profit. By buying what the team has to offer, you play your game and enrich it. Be sure to provide a tangible and reliable value.

5 cryptocurrencies to buy in 2018

There has never been a better time to reevaluate and balance a cryptographic portfolio. Based on their strong foundation, here are five pieces that I think are worth sticking to or maybe buy at their current depressing prices (which, just a warning, can go below).

# 1 Bitcoin (due to its decentralization)

Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the broadest assumption, the greatest share of security (due to the phenomenal energy consumption of Bitcoin mining), the identity of the most famous brand (forks have tried to be appropriate) and the most great Active and rational development. Alsoshtë is also the only part to date represented in traditional markets in the form of trading the future of Bitcoin on the CME and the American CBOE.

Bitcoin remains the main engine; The performance of all the other pieces is very much related to the performance of Bitcoin. My personal expectation is that the gap between Bitcoin and most – if not all – other parts will widen.

Bitcoin has some promising innovations in the pipeline that will soon be installed as extra layers or soft forks. Examples are the Flash (LN) system, the tree, the Schnorr Mimblewimbleund signatures much more.

In particular, we plan to open a new range of applications for Bitcoin, as it allows for large exchanges, microtransactions and immediate and secure payments. LN is increasingly stable as users test their various options with real Bitcoin. As it becomes easier to use, it can be assumed that it benefits greatly from Bitcoin approval.

# 2 Litecoin (because of his persistence)

Litecoin (LTC) is a Bitcoin clone with another hash algorithm. Although Litecoin no longer has Bitcoin anonymity technology, amazing reports have shown that the adoption of Litecoin in the dark markets is now the second, only Bitcoin. Although a currency I find much more appropriate for the role of buying illegal goods and services, perhaps this presents itself as a result of Litecoin longevity: It was launched in late 2011.

Another factor in favor of Litecoin is that it integrates Bitcoin SegWit technology, which means that Litecoin is prepared for LN. Litecoin can benefit from an exchange of atomic chains. In other words, ensure peer-to-peer currency trading without the participation of third parties (i.e. Exchange). Since Litecoin keeps its code largely synchronized with Bitcoin, it is well positioned to take advantage of Bitcoin technical advancement.

# 3 Ethereum (due to smart contracts)

Ethereum (ETH) has some major issues at the moment. First, governments are hitting the ICO, and rightly so: many have turned out to be fraudulent or bankrupt. Since most icos run on the Ethereum network as an ERC 20 token, the ICO craze has brought a lot of value to Ethereum in recent years. If the right rules are taken to protect investors, Ethereum project scams can claim a certain legitimacy as a platform for financing people.

The second major problem facing Ethereum is the delayed transition to a new hybrid job and battery detection system. The Ethereum GPU mine is currently profitable, but Bitmain has just announced the Ethereum ASIC minor, which is likely to have an impact on the lower lines of GPU miners. It remains to be seen if this will change the POW — and how successful this change will be.

If Ethereum can survive these two major problems – regulation and mining – they will have shown great resilience. Alternatively, there are several competing currencies that follow its shadows, such as Ethereum Classic (etc.), Cardano (ADA) and EOS.

# 4 Monero (due to his anonymity)

Although his approval in the dark markets is not all that could be expected, I (XMR) remain the Prime Minister’s privacy. His reputation and market capitalization are still above those of his rivals – and for good reason.

The Monero code requires less trust than Zcash’s main “loyal” ceremony and had an honest start, unlike Dash. That Monero recently changed its Pow to defeat the development of a small ASIC for its algorithm confirms the commitment of the decentralization part of the mines. A significant drop in the hash rate is due to the new version, which is constantly being reported against ASIC. This could also be an opportunity for GPUs and even small CPUs to come back to me. The new version of Monero, 0.12, also includes other improvements that show Monero continues to grow along the sensitive lines.

# 5 iPRONTO (A decentralized incubation platform)

iPRONTO is an Ethereum chain incubation platform dedicated to investors looking for a secure and reliable platform to invest in new ideas and future innovators who can present their ideas and get feedback from users, experts in the field on practice and implementation of derived ideas.

Innovators’ ideas are supported as NES in Smart Contract format will be signed between the expert platform and the client if the client’s business idea to the Commission for examination and registration on the platform. The idea will not be published to all users on the public chain platform, but only to selected members of the target community who are willing to sign the Smart contract to maintain the confidentiality of the idea.

The Wild West Crypto Show Continues

Here is a frequently asked question: How do I choose which cryptocurrency to invest in – aren’t they all the same?

There is no doubt that Bitcoin has captured the lion’s share of the cryptocurrency (CC) market, and this is largely due to its FAMES. This phenomenon is very much like what is happening in national politics around the world, where a candidate captures the majority of votes based on FAME, rather than any proven ability or qualification to govern a nation. Bitcoin is a pioneer in this market space and continues to collect almost all market titles. This FAME does not mean that it is perfect for the job and it is well known that Bitcoin has limitations and problems to be solved, however, in the Bitcoin world there is disagreement on how to better solve the problems. As the problems fade, there is a constant opportunity for developers to initiate new currencies that address specific situations and thus differentiate themselves from approximately 1300 other currencies in this market space. Let’s look at two Bitcoin rivals and explore how they differ from Bitcoin and from each other:

Ethereum (ETH) The Ethereum coin is known as ETHER. The main difference from Bitcoin is that Ethereum uses “smart contracts” which are objects that hold accounts in the Ethereum network block. Intelligent contracts are defined by their creators and they can interact with other contracts, make decisions, store data and send ETHER to others. The execution and services they provide are provided by the Ethereum network, all of which is beyond what Bitcoin or any other blockchain network can do. Smart contracts can act as your autonomous agent, obeying your instructions and rules for spending money and starting other transactions on the Ethereum network.

Ripple (XRP) – This currency and the Ripple network also have unique features that make it much more than just a digital currency like Bitcoin. Ripple has developed the Ripple Transaction Protocol (RTXP), a powerful financial tool that allows exchanges on the Ripple network to transfer funds quickly and efficiently. The basic idea is to put money in “gateways” where only those who know the password can unlock the funds. This opens up great opportunities for financial institutions, as it simplifies cross-border payments, reduces costs and ensures transparency and security. This is all done with the creative and intelligent use of blockchain technology.

The mainstream media is covering this market with new news almost every day, however, there is little depth to their stories … they are mostly just dramatic headlines.

The Wild West show continues …

5 crypto / blockchain election stocks are on average higher 109% since 11/17 December. Wild oscillations continue with daily giraffes. Yesterday we had South Korea and China most recently trying to break the cryptocurrency boom.

On Thursday, South Korean Justice Minister Park Sang-ki sent global bitcoin prices temporarily falling and virtual currency markets in turmoil when he reportedly said regulators were preparing legislation to ban cryptocurrency trading. Later that day, the South Korean Ministry of Strategy and Finance, one of the main member agencies of the South Korean government’s cryptocurrency regulatory task force, came out and said that their department disagrees with the early statement of the Ministry of Justice regarding a possible ban on cryptocurrency trading.

While the South Korean government says the cryptocurrency trade is nothing more than gambling, and they are worried that the industry will leave many citizens in poor housing, their real concern is the loss of tax revenue. This is the same concern that every government has.

China has grown into one of the world’s largest sources of cryptocurrency mining, but now the government is said to be seeking to regulate the electricity used by mining computers. Over 80% of the electricity to mine Bitcoin today comes from China. By closing the miners, the government would make it more difficult for Bitcoin users to verify transactions. Mining operations will move to other countries, but China is particularly attractive due to very low electricity and land costs. If China pursues this threat, there will be a temporary loss of mining capacity, which will result in Bitcoin users seeing longer timers and higher costs for transaction verification.

This wild journey will continue, and just like the internet boom, we will see some big winners, and eventually, some big losers. Also, similar to the internet boom, or uranium boom, are those who start early those who will progress, while massive investors always show up at the bottom, buying at the top.

Stay tuned!

Crypto TREND – Fifth Edition

As we expected, since the publication of Crypto TREND we have received many questions from readers. In this edition we will answer the most common.

What kind of changes are coming that could be game changers in the cryptocurrency sector?

One of the biggest changes that will affect the world of cryptocurrencies is an alternative method of block validation called Proof of Stake (PoS). We will try to keep this explanation quite high, but it is important to have a conceptual understanding of what change is and why it is an important factor.

Remember that the basic technology with digital currencies is called blockchain and most current digital currencies use a validation protocol called Proof of Work (PoW).

With traditional payment methods, you need to trust a third party, such as Visa, Interact, or a bank, or a check-in house to settle your transaction. These trusted units are “centralized”, meaning that they keep their own book, which preserves the transaction history and balance of each account. They will tell you the transactions, and you must agree that it is correct, or start a dispute. Only the parties to the transaction ever see it.

With Bitcoin and most other digital currencies, the main books are “decentralized”, which means that everyone on the network gets a copy, so no one should trust a third party, such as a bank, because anyone can directly verify the information. This verification process is called “distributed consensus”.

PoW requires “work” to be done in order to validate a new blockchain access transaction. With cryptocurrencies, that certification is done by “miners”, who have to solve complex algorithmic problems. As algorithmic problems become more complex, these “miners” need more expensive and more powerful computers to solve problems in front of everyone else. “Mining” computers are often specialized, typically using ASIC (Specific Integrated Application Circuits) chips, which are more adept and faster at solving these difficult puzzles.

Here is the process:

  • Transactions are merged together into one ‘block’.
  • The miners verify that the transactions within each block are legitimate by solving the riddle of the disconnection algorithm, known as “work problem proof”.
  • The first miner to solve the “work test problem” of the block is rewarded with a small amount of cryptocurrency.
  • Once verified, transactions are stored in the public block across the network.
  • As the number of transactions and miners increases, the difficulty of solving hashed problems also increases.

Although PoW helped remove decentralized, insecure digital blocks and coins, it has some real drawbacks, especially with the amount of energy these miners are consuming trying to solve the “test of work problems” as soon as possible. possible. According to the Digiconomist Bitcoin Energy Consumption Index, Bitcoin miners use more energy than 159 countries, including Ireland. As the price of each Bitcoin rises, more and more miners are trying to solve problems, consuming even more energy.

All that energy consumption just to validate transactions has motivated many in the digital currency space to seek alternative method of valuing blocks, and the main candidate is a method called “Proof of Stake” (PoS).

PoS is still an algorithm, and the goal is the same as in job authentication, but the process to achieve the goal is quite different. With PoS, there are no miners, but instead we have “appraisers”. PoS relies on the belief and knowledge that all people who are evaluating transactions have skin in play.

In this way, instead of using energy to respond to PoW puzzles, a PoS estimator is limited to estimating a percentage of transactions that reflect part of his or her ownership. For example, an appraiser who owns 3% of the available Ether can theoretically prove only 3% of the blocks.

In PoW, the chances of you solving the job test problem depend on how much computing power you have. With PoS, it depends on how much cryptocurrency you are at “risk”. The higher the stock, the higher the chances of you choosing the block. Instead of winning cryptocurrencies, the winning appraiser receives transaction fees.

Appraisers enter their shares by ‘blocking’ a portion of their funds. If they try to do something malicious against the network, such as creating an ‘invalid block’, their shares or security deposits will be confiscated. If they do their job and do not violate the network but do not gain the right to validate the block, they will take their share or deposit again.

If you understand the fundamental difference between PoW and PoS, that’s all you need to know. Only those who plan to be miners or appraisers should understand all the details of these two appraisal methods. Most of the general public wishing to own cryptocurrencies will simply purchase them through an exchange and will not participate in the actual issuance or certification of block transactions.

Most in the crypto sector believe that in order for digital currencies to survive long-term, digital tokens need to switch to a PoS model. At the time of writing, Ethereum is the second largest digital currency after Bitcoin, and their development team has been working on their PoS algorithm called “Casper” for the past few years. It is expected that we will see Casper implemented in 2018, putting Ethereum ahead of all other major cryptocurrencies.

As we’ve seen before in this sector, big events like a successful implementation of Casper could lead to Ethereum pricing much higher. We will keep you updated on future issues of Crypto TREND.

Stay tuned!

What Cryptocurrencies Are Good to Invest in?

This year the value of Bitcoin has increased, even an ounce of gold. There are also new cryptocurrencies on the market, which is even more surprising as it brings cryptocurrency values ​​up to more than a hundred billion. On the other hand, the long-term perspective of cryptocurrency is somewhat unclear. There are quarrels of lack of progress among its major developers that make it less attractive as a long-term investment and as a payment system.

Bitcoin

Even more popular, Bitcoin is the cryptocurrency that started it all. It is currently the largest market cap with about $ 41 billion and has existed for the last 8 years. All over the world, Bitcoin has been widely used and so far it is not easy to exploit the weakness in the method that works. As a payment system and as a stored value, Bitcoin allows users to easily receive and send bitcoin. The concept of blockchain is the basis on which Bitcoin is based. It is necessary to understand the concept of blockchain to get an understanding of what cryptocurrencies are all about.

Simply put, blockchain is a database distribution that stores each network transaction as a piece of data called a “blockchain”. Every user has a copy of the blockchain so when Alice sends 1 bitcoin to Mark, every person on the network knows it.

Litecoin

An alternative to Bitcoin, Litecoin tries to resolve many of the issues that hold down Bitcoin. It is not as resilient as Ethereum with its value derived mainly from the adoption of rigid users. It is worth noting that Charlie Lee, former Googler leads Litecoin. He is also practicing transparency with what he is doing with Litecoin and is quite active on Twitter.

Litecoin was Bitcoin’s second thing for quite some time, but things started to change in early 2017. First, Litecoin was approved by Coinbase along with Ethereum and Bitcoin. Next, Litecoin settled the Bitcoin issue by adopting Separate Witness technology. This gave her the ability to lower transaction fees and do more. The crucial factor, however, was when Charlie Lee decided to focus on Litecoin and even left Coinbase, where he was Director of Engineering, just for Litecoin. Because of this, the price of Litecoin has risen in the last two months with its strongest factor being the fact that it could be a real alternative to Bitcoin.

Ethereum

Vitalik Buterin, the superstar programmer thought of Ethereum, which can do everything Bitcoin is able to do. However, its main purpose is to be a platform to build decentralized applications. Blockchains are where the differences between the two lie. Basically, Bitcoin blocking registers a kind of contract, one that says if the funds have been moved from one digital address to another. However, there is a noticeable expansion with Ethereum as it has a more advanced language script and has a more complex, wider range of applications.

Projects began to sprout on top of Ethereum when developers began to notice its best qualities. Through sign crowd sales, some have even amassed millions of dollars and this is still an ongoing trend to this day. The fact that you can build great things on the Ethereum platform makes it almost like the internet itself. This caused a high price increase, so if you buy an Ethereum worth a hundred dollars earlier this year, it would not be valued at nearly $ 3000.

Monero

Monero intends to resolve the issue of anonymous transactions. Even if this currency is perceived to be a money laundering method, Monero intends to change that. Basically, the difference between Monero and Bitcoin is that Bitcoin contains a transparent blockchain with every public and registered transaction. With Bitcoin, anyone can see how and where the money has moved. However, there is a somewhat imperfect anonymity in Bitcoin. In contrast, Monero has a transparent and non-transparent method of transaction. No one has sold enough on this method, but since some people love privacy for whatever purpose, Monero is here to stay.

Zcash

Unlike Monero, Zcash also aims to resolve issues that Bitcoin has. The difference is that instead of being completely transparent, Monero is only partially public in his blocking style. Zcash also aims to solve the problem of anonymous transactions. After all, no one likes to show how much money they actually spent on Star Wars memories. Thus, the conclusion is that this type of cryptocurrency really has an audience and a demand, although it is difficult to say which cryptocurrency that focuses on privacy will eventually come out on top of the pile.

Bancor

Also known as a “smart token”, Bancor is the standard of the new generation of cryptocurrencies that can hold more than one backup token. Essentially, Bancor strives to make trading easier, managing and creating arguments by increasing their liquidity level and letting them have an automated market price. At the moment, Bancor has a product on the front that includes a portfolio and the creation of an intelligent token. There are also features in the community such as statistics, profiles and discussions. In short, the Bancor protocol enables the discovery of an integrated pricing as well as a liquidity mechanism for smart contractual signs through an innovative backup mechanism. Through the smart contract, you can immediately liquidate or buy any of the tokens within the Bancor reserve. With Bancor, you can easily create new cryptocurrencies. Now who wouldn’t want it?

EOS

Another Ethereum competitor, EOS promises to address the issue of Ethereum scaling by providing a range of tools that are more powerful to run and build applications on the platform.

Tezos

An alternative to Ethereum, Tezos can be updated consensually without much effort. This new blockade is decentralized in the sense that it is self-governing through the creation of a true digital commune. It facilitates the mathematical technique called formal verification and has features that increase the security of the most financially weighted, sensitive intelligence contract. Definitely an excellent investment in the coming months.

DECISION

It’s incredibly difficult to predict which Bitcoin on the list will become the next super star. However, user adoption has always been a key success factor when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this and even though there is a lot of support from the early adopters of every cryptocurrency on the list, some have yet to prove their resilience. However, these are the ones to invest in and see in the coming months.