cryptocurrencies

6 Safe & Effortless Methods to Earn Cryptocurrencies

Cryptocurrency is, for quite some time now, one of the best ways to earn money, even though the whole digital money idea is much more than that. Nonetheless, what so many of us want to know is whether there is a way and how to get some crypto and join the crypto community. The popularity of cryptocurrency is nothing new, and with the value of BTC reaching new highs, it only interested even more people in start dealing with cryptos. With this said, if you are wondering if there are some ways to earn cryptocurrencies easily and effortlessly, you will be glad to hear that it is possible. But how? Well, let’s look at some of the most convenient ways to do so.

1. Mining

Source:earning cryptocurrencies

The most basic and convenient way of earning cryptocurrencies will always be to mine them. By now, most of us know what mining is, and we also are aware that this is the safest way to earn them. The question is, is it also the most straightforward, and to tell the truth, that depends. If you already have adequate equipment at your disposal and electricity bills are not expensive where you live, we could say this is the best way to earn some coins. These days it is also pretty difficult to mine them by ourselves, and becoming a part of some mining network is the best possible path you can take. Of course, there is a certain fee that has to be paid in order to become a member, and all earnings are shared among all the participants. But, in the end, this is still the most convenient and most certain way to get ahold of some coins.

2. Staking

It is yet another way to earn more coins once we already have some in our wallets, and this method works in a very intriguing way, which is called Proof of Stake. All you have to do is hold some coins in your wallet. As it is with most things in life, some luck has to be involved before we get chosen, so in a way, it is like a lottery. The more coins one has, the bigger the odds of earning additional ones. But not every cryptocurrency enables staking, and when someone actually haves the right coins, they can choose to stake those. All this is by far the most carefree method of earning more cryptocurrencies by solely already having some, and it is also a system that requires the highest investments beforehand.

3. Day trading

Source:pro-paul.net

Alongside mining, this is probably the most apparent approach to earning more crypto coins. Many experts think that this is the most efficient method to make a profit in this industry. While mining requires good equipment and living in a satisfactory region where you will not have to pay too much for electricity, for day trading, the only thing you may need is knowledge. Well, luck is also always helpful. The essence of day trading is buying an asset and holding it until its value rises to its maximum. If someone enjoys following the market and thinking about the future, this should be their new passion, and for those who want to become a member of the crypto world and are following some crypto podcasts, this is the best possible path to take.

4. Dividends

Source:fool.com.au

Keeping crypto coins in order to get some dividends is probably the way that requires the least amount of effort, as the only thing one may need is patience and time. Similar to staking, we can’t do this with every single coin out there, but if you buy one of those that offer this policy, then you are set on a path to earn some money. Of course, some research is always a big plus, necessary and needed in order to find out which are coins are currently having this practice, and all you have to do is hold onto them. And in the end, if they rise in their value, we can just sell them. In a way, this is similar to day trading.

5. Completing surveys and other similar and easy tasks

Although putting some effort is needed for this one, completing these tasks is not that difficult, far from it. For many years now, surveys and other similar small tasks have been a part of our life, and today, there are many people actually earning some side money by completing them. Knowing this, it is no wonder that today, the award for doing so is in cryptos. The only thing needed for this “job” is to have enough time to dedicate it to completing these tasks since, as you probably already know, it is not like you will get a lot of money for each survey. On the other hand, watching videos, ads, giving an opinion on them, and reviews are just some of the tasks to make money, and some other easy freelance jobs are something that anyone can easily do as a side hustle.

6. Accept BTC payments

Source:smartbrief.com

Although this one is mostly for those already in the e-commerce business, it is a great opportunity to get some BTC fast. It is a simple thing to do, and the only thing needed is to accept payments in Bitcoin or any other cryptocurrency, and once you get that crypto, you can then wait until the price reaches some new highs and basically do anything you want with it. There are many questions on how to start an e-commerce business, how to create web stores and websites, and earn cryptos, and in order to get all the necessary info on that, along with some great tips and guidance on how to get the most out of this type of business, check safex.org, a trustworthy website with some great insight and advice on this topic.

Summing up

These are just some of the best easiest ways to earn cryptos, and although there are many more ways to accomplish this, they require much more time, energy, and, some of them, money. The important thing is to get on the crypto train as soon as possible as it is not a bubble going to burst, as some may claim, and cryptocurrency is for sure something that will be an even bigger part of our lives in the future.

Why every Investor Should Own Some Gold in their Portfolio

A modern and dynamic economy presents plenty of investment opportunities. Some opt for stocks, bonds, and ETFs. Others choose more unique assets like real estate or cryptocurrencies.

However, just about every investor would be more than happy to add physical gold bullion to their portfolio. The shiny yellow metal has long been desired for its value and stability, leading people from all walks of life to research how to invest in gold.

Gold might not be as exciting as an asset like virtual currencies, but bullion remains a smart and savvy investment choice for many reasons. Keep reading to learn more about why it is a smart move for any investor to add gold to their portfolio.

Gold Remains An Effective Asset To Protect In Times Of Economic Turbulence

Source:dnaindia.com

Gold has traditionally served as an effective inflation hedge. The price of the precious metal often rises in years with high inflation – as the stock market plunges. Since gold is usually priced in fiat currency units (which lose purchasing power to inflation), the precious metal jumps in price as the cost of living does the same. Many people often flock to gold in times of economic insecurity and concern. The metal’s almost tripled between 1998 and 2008 and nearly doubled once again from 2008-2012.

Fiat currencies today like the U.S. Dollar struggled under the weight of America’s large deficit, budget, and increases in the money supply. These elements look to only continue to raise the value of gold in the coming years. This is the basic knowledge you need to have before you decide to invest in gold while more details about different ways to invest can be found on Goldcoin.com.

Supply and Demand Concerns

Source:koreaherald.com

The vast majority of gold transactions since the 1990s are carried out by central banks that sell gold from their vaults. However, gold-selling by these financial authorities has decreased sharply in the last few years. The supply of bullion has also been in a steady decline over the last two decades.

Much of the world’s gold is mined in South Africa, a nation plagued with political instability and issues with electrical infrastructure. Both factors inhibit the ability of mining companies to work. COVID-19 has also taken a toll on gold mines as workers have been forced to stop mining at certain points in time, creating a gold supply crunch.

While gold mining opportunities have started to emerge in nations like Sudan, Mali, and Burkina Faso, these countries also have complicated geopolitical situations that can make work difficult. It usually takes five to ten years to bring a new gold mine into production. Overall, the supply of gold bullion has remained somewhat static and could even start to decline if buying habits begin to pick up – increasing the price of the precious metal.

At the same time, gold demand is starting to rise as emerging market economies begin to desire precious metals. Gold demand in China, a rapidly rising economic superpower, is driven by cultural aspects where gold bars are seen as a traditional way to save money. In India, gold demand continues to rise as the metal is used in a wide range of jewelry, especially during October, a traditional wedding month.

Volatility Remains Lower Than Other Commodities

While high compared to other precious metals like silver, the spot price of gold maintains lower volatility than many assume. Many commodities often move in a manner opposite of the stock market, but outside factors like the weather and instability can quickly alter the price of oil, diamonds, and even real estate.

In contrast, the demand for gold remains relatively constant. The jewelry industry, which accounts for 50% of global gold use, is a sector of the economy where the activity is always occurring. The spot price of silver remains more volatile than gold due to differences in the market size and the heavy industrial uses of the metal. In general, the activity of gold mines takes a longer time to respond to fluctuations in the spot price of gold. Gold’s lower volatility makes the metal a smart commodity for investment purposes, as buyers do not have to worry about external factors altering their investment.

Stocks Vs Gold

Source:thebalancecareers.com

Even if you are a stock trader, there’s one good reason why you should consider gold as well. These two “currencies” have never seen eye to eye. In other words, when stocks were dominating the market and when they were stable and increasing, the value of gold dropped and vice versa. The moment stocks drop and lose value and the world faces an economic crisis, people turn to gold.

Having a bit of gold in your pocket makes you prepared for the turbulent years to come! IBy combining gold with stocks, you can create a portfolio that reduces volatility and risk as well. Therefore, you will be sure that you cannot lose it all since these two things contrast each other. In fact, you might lose on one end and you will win on the other, and be balanced out. Now, it is your skills that you should use to oversee when to switch from one to the other for maximum gain.

Conclusion

All investors should take the time to add gold bullion to their portfolio. The metal maintains its value well, is highly desired, easy to buy, sell and trade, and serves as a stable and effective hedge against inflation and economic downturn. Buyers often have a wide range of bars, coins, and rounds to choose from, either from an online retailer or an in-person dealer.

As we have already said, gold has attracted our attention from the earliest times. There’s something about it – the yellowish glow, the ease of handling, the ability to melt it under the flames and turn it into coins…We’ve valued all of these things throughout the years, and we will continue to do so in the future. The value of gold never seems to dwindle.

4 Reasons Why is Bitcoin’s Price At An All-Time High

While it has many ups and downs in recent years with the high volatility of Bitcoin, where the best example is the year 2020. The price was only around $5,500 in the first quarter, while it started breaking records at the end of the year. The current value of this cryptocurrency is around $50,000. Various factors are influencing the value of cryptocurrencies on the market. When it comes to the market, it is getting more and more popular over time, especially because of the BTC and other popular options that are on the rise as well, such as Litecoin, Ethereum, Ripple, and more. You can click here to learn more about BTC trading.

Source:bitemycoin.com

Also, we have to mention the advantages that the global economy and various industries can have from implementing blockchain technology. For example, there is a great benefit of using decentralized cryptocurrencies since you can avoid expensive fees when making transactions. The security is much higher as well. On the other side, the main reason why people are interested in buying coins and tokens is that many of them have a great potential to become more valuable over time. Bitcoin is the best example since you could make ten times more than your investment if you bought it only a year ago.

Moreover, it is very important to learn about different factors that are affecting the prices on the market. These factors are related to supply and demand, economic situation, technical features, official regulations, and more. In this article, we are going to analyze more about the main reasons why Bitcoin price is so high at the moment.

1. It Became Widely Accepted

Source:theconversation.com

While there were many misconceptions related to Bitcoin in the first few years after it got released on the market, we can notice that a lot of companies starts to accept this digital currency. Big corporations like Amazon and popular platforms like eBay and Ali Express are the biggest names that are still not interested in accepting this payment option. On the other side, we can see a great expansion of businesses where you can pay by using an e-wallet. The most recent company is PayPal. Also, a big influence is caused by a huge investment of Elon Musk, who bought around $1.5 billion worth of Bitcoin recently. There are other big names as well, and they represent an important factor for the increase in value.

2. Halving

Another important factor is the fact that the number of BTC is limited. When the process of mining is finished, there will be 21 million of these units. Also, this process is getting more complicated over time and requires more resources. During the first few years, people could mine BTC on a basic PC. On the other side, the cost-effectiveness of this method is questionable and related to various factors like the cost of electricity, hardware, and more. Furthermore, the fact that there is a limitation is affecting the rise of value since there is a chance for this currency to become stable in the future and completely replace current payment options.

3. Positive Predictions

Source:coingeek.com

According to many experts, the price will probably continue to rise, which can attract even more people to invest in it. The high demand is also the reason for the sudden increase in value, and it seems that it will remain stable without any critical drops that we could see last time when it started breaking records in 2017. Large investors are investing a lot of money in BTC, which is one of the causes for the rise as well. Moreover, there is a great possibility that the world is going to face another economic crisis like the one in 2008. Investing in virtual assets represents an excellent method for the protection of funds since cryptocurrencies won’t be negatively affected by the recession.

4. Simplicity

Since people are becoming more interested in blockchain technology and the ability to use an e-wallet for payments, we can see an increase in people who are converting their fiat currencies and use e-wallets as a standard way of payment. That is very important for the stability of this currency since it will be more active in standard flows of money on the market. Also, this makes the market of cryptocurrencies much different from Forex where the risks are much higher today since there is a chance for the crash of the stock market. On the other side, the main reason why people are using digital wallets is the convenience and security. You can now transfer money to any other address without the need for a third party during the process. Therefore, it is a much cheaper option than banking services.

The Bottom Line

Source:bitdegree.org

A lot of people are still suspicious when it comes to the price of BTC in the future. However, the fact that many big corporations are now investing in it is a clear indication that we can expect an even higher value in the future. Many countries are already planning to introduce new regulations where they could charge people with taxes on transactions made with cryptocurrencies. The best example that it is already a widely accepted option is the number of ATMs with crypto support all around the world.

For many investors, buying BTC at this moment seems too risky since they fear that there will be the same case as with the previous record-breaking rise of it, and significant fall after that. However, the current case is much more different since there are more serious investors active in this market. Some experts are even predicting that the price of it will reach the value of over $100,000 in the next few years.

Considering all of the factors that could represent an influence on the market of cryptocurrencies and the huge demand for BTC, it seems that the chances for some sudden drop in value are very low. Therefore, you could still make a profit even if you buy it these days when it is reaching new levels in value.

Can you make a Living with Bitcoin Trading

We live in a time when the world is ruled by a health crisis caused by a new type of virus – Covid-19 or better known as coronavirus. As a result of long quarantines, restrictions on movement, and the increasingly frequent appeal to stay at home, economic activity around the world has declined, thus creating an unwelcome space for a new crisis. This time it is not another parallel health crisis but an economic crisis. It arose as a result of insufficient economic activity of businesses, but also in general from the insufficient activity of people around the world. As a result, a crisis has developed that has reduced people’s incomes due to rising costs but also left many people without jobs.

Source:industrytoday.com

That very situation with job losses, rising costs, rising product prices, and other circumstances puts people in a position to look for a new job. But the supply of vacancies has been declining lately, so people are turning to working online (in the form of freelancing) according to their skills or some other form. There are several freelance sites on the Internet that offer space for all online service providers where you can offer something. In addition, people decide to start a new, profitable small business where they invest their savings or decide to trade stocks. Apart from stock trading, cryptocurrencies, the new virtual money, have become more popular lately.

Virtual money, better known as cryptocurrencies, is something that has brought change and freshness to the world of finance. It’s a new way of paying (as more companies are accepting this way of paying), but it is also a new way of investing that more and more people are choosing. So many of them decide to take part of their savings and invest it in this new type of currency, and not in any but in Bitcoin. This is not a coincidence because it is the best of all digital virtual currencies that exist at the moment. Wondering if such an investment is worth it? Is it possible to make a living by investing and trading with Bitcoin? It remains to be seen below throughout this article.

What is Bitcoin and why is it so popular?

Source:greenfinanceinitiative.org

When it comes to cryptocurrencies we can say that they are in abundance. So in the cryptocurrency market, you can find a number of different types of coins from which you should choose your favorite. So you can browse all and see which one suits you best. It is necessary to emphasize that Bitcoin stands out as the best among them. Bitcoin is also the oldest and most sought after virtual currency that has ever existed as an option. It is a virtual currency that appeared about 10 years ago. The beginnings were a period in which no one believed in this currency, but still, after many years it proved to be great and successful. It is a simple trading currency and a currency that offers opportunities that make this currency a favorite of traders. And what are the opportunities to make a living from trading remains to be found out a little below.

Is it possible to make a living from Bitcoin trading?

Bitcoin is a great option, say economists researching the subject. According to them, this is an ideal investment option that offers a huge number of earning opportunities. Opportunities are seen in trading with them. The cryptocurrency market offers a very good opportunity for anyone who wants to make a change in the way they invest. Especially when it comes to Bitcoin, the opportunities are huge and great, especially to earn to live, say from bitcoineranew.com. This is because of the value of the coins, which are close to $ 30,000 on the stock exchanges. So make your trading strategy, warm up your hands and get to work because this opportunity is unique to you and you should not miss it. Invest wisely, invest in real-time and reap the benefits of Bitcoin trading.

Mining is the main thing that carries coins for you to trade with them

If you are wondering what it takes to get a solid amount of coins, then the answer is in this part of the article. The main thing that brings you to a larger number of coins is the Bitcoin mining. For successful mining, you need to prepare well to get the best possible results. We are sure you are wondering what exactly is needed to get great results. It is necessary to first get a rig through which you will do the mining (choose a strong enough but practical rig for the home), then choose a place where you will do the mining and join one of the mining pools. Then you will need to find a mining program for your computer through which you will perform the whole process. Once you have completed this you are ready. You need to know that for 1 bitcoin it takes a minimum of 10 minutes to mine to get it. Now that you know how important this is, take enough time, work on the mining long enough, get bitcoins and then trade them.

Why Bitcoin is the best option of all cryptocurrencies?

Source:masterthecrypto.com

If you have to choose between all the cryptocurrency options offered, everyone would advise you to choose one of the stronger ones. When we say stronger, we mean those who rank better in the virtual currency market. Among them is this one of ours that we are discussing today, it is Bitcoin. At the moment Bitcoin is the number 1 cryptocurrency on the market, but also the number 1 choice for anyone who wants to invest in them and trade with them. This is primarily because of the great value they have (as we said the value is close to $ 30,000), but also because of the ease of trading and mining that is offered by the creators. So if you are thinking about your choice, think carefully, but also consider Bitcoin as the perfect cryptocurrency at the moment that everyone who invests decides.

If your choice is bitcoin, we wish you good luck in trading, high profits that you can use for your living, and of course, be careful with trading. Good luck!

How to Protect Your Crypto Exchange From Hackers

Because of the large increase in the value of bitcoin and other cryptocurrencies, there are more and more new investors, but also cyber-criminals attack cryptocurrency exchanges. Experts have many tips that can help you avoid being targeted by hackers. Hackers have so far attacked several cryptocurrency exchanges, causing multimillion-dollar damages. On top of that, as bitcoin transactions are non-refundable, it is not possible to simply get a refund of stolen money.

Crypto-security experts suggest keeping cryptocurrencies offline as one of the effective security measures.

Crypto wallet

Source:sociable.co

Crypto-security experts suggest keeping cryptocurrencies offline as one of the effective security measures. We know that a wallet can be hot and cold. It is common for people to store their cryptocurrencies online, but this also poses a big risk because stock exchanges possess the private keys of their users, and if hackers get to it, the user’s assets disappear. What is a better option is to store cryptocurrencies on a wallet, ie on hardware-software that keeps them offline.

Fake applications

There are a number of fake trading apps, so if you’re not careful, you can run out of your money overnight. According to the-bitcoinrevolution.com, the application is key to successful trading.

Double authentication

Source:blog.malwarebytes.com

Double Authentication (2FA), also called two-step authentication or Multiple Authentication (MFA), is an additional layer of security that guarantees that you are the only one able to access your account. After setting this feature, you will be prompted for confirmation each time you sign in to an account from an unknown computer or other device or add an account to an app or service for the first time. An authentication message can be sent through an authentication application, such as Microsoft Authenticator on a smartphone, text messages, e-mails sent to another e-mail address, or by phone call, for which you will need to enter a PIN.

Phone or tablet protection

Only run and install applications from trusted sources, such as the app store on your device.

Update the devices, software, and mobile apps you use regularly. Many of the updates you receive are security fixes, so be sure to install operating system updates, as well as any software or application updates. Enable a lock feature on your phone or tablet that requires you to unlock your device with a PIN, fingerprint, or face recognition.

Identity theft

Source:lendup.com

Beware of phishing attempts that trick you into submitting confidential information or clicking malicious links or attachments. Some examples of attempted identity theft look like messages from seemingly secure sources, such as banks or other official institutions. This message asks you to use your email address and password to log in to a fake site. Other scams look like emails from people you know that ask you to click a link or open an attachment. When you click a link in a message or open an attachment, your computer can become infected and an attacker can gain access to the content on your computer.

If you receive an email that looks suspicious to you in any way, do the following:

Keep the cursor on the link and look at the name of the website to which the link leads. Make sure this is the site you expect and that the site name is spelled correctly.

If you receive a message from someone you know, but it looks a little unusual, it could mean that your email account and contact list have been compromised.

Follow the precautions regarding confidential information

Do not send emails that contain confidential information, such as passwords, credit card numbers, passport numbers, or other identifying information issued by government agencies, such as a personal identification number or other tax-related identifying information.

Phishing and scam

Source:mailguard.com.au

The scam is a quick profit scheme in which a person, group of people or organization cheats other people or groups by providing them with false information when making an offer or offering a deal.

The target group of these scams are people of all professions, ages, education, and income. Scam scams are successful because they remind you of the real situation and because of that they can catch you unprepared. As the world becomes more connected thanks to the Internet, the number of scams on the Internet, as well as their types, is increasing. It is necessary to distinguish between internet scams and other threats on the internet such as viruses, trojans, SMS blockers, and so on. No program can provide one hundred percent protection, but users themselves must take a proactive stance in achieving their security on the Internet.

Scammers use phishing scams to gain access to your confidential information. Data such as bank account details, passwords from social networks, and the like can have great value for fraudsters. They give them free access to your finances and identity. Attempts at phishing scams are usually made via email. However, they can also be done over the phone or text messages, or through social networks.

Stealing API keys

Source:dotablast.com

Some traders use trade automation tools, called trading bots. To use such software, the user must create API keys with specific permissions for the bot to manage its balance.

There are different ways to steal user key APIs. For example, cybercriminals often create malicious “highly profitable” free trade bots to persuade users to enter their API keys. If the API key has permission to withdraw funds without IP restrictions, then hackers can immediately withdraw all cryptocurrency from the user’s balance.

Even without withdrawal approval, hackers can crust a user’s cryptocurrency by “pumping” funds through a particular trading pair of low-liquidity cryptocurrencies.

Final thoughts

Hackers do not stop inventing new ways to seize someone else’s digital property. Almost every month, new incidents of cryptocurrency theft or hacking of various crypto platforms occur. They use all possible holes and shortcomings in security systems or lack of attention to security by ordinary users. Now even hardware wallets are not a 100% security guarantee for your cryptocurrencies.

Criminals continue to steal cryptocurrencies through fake Chrome extensions, which are distributed online through ads on Google search engines. Therefore, it is very important to make sure that you have taken all the preventive measures that are in your hands.

5 Tips for Finding Reliable Bitcoin Trading Apps

Investing in cryptocurrencies has been a lucrative business since 2008 when a group of people under the pseudonym Satoshi Nakamoto created the most famous digital currency of the present – bitcoin. Although its value was negligible at the outset, it has recorded almost constant growth over the years, so that its current value is above $ 45,000.

What do we need to know about bitcoin?

Bitcoin is a digital, decentralized currency. Many cryptocurrencies call it digital gold. What makes investing in cryptocurrencies tempting is the fact that the customer remains anonymous, that there is no need for a third party, and of course, there is no central authority. They are based on the principle of blockchain, a system that makes them secure.

How and where to buy bitcoin?

Source:nairametrics.com

There are several ways you can buy this digital money, but the two most common ways are to shop at an exchange office and an ATM. ATMs have proven to be more efficient because you don’t have to leave your personal information, all you have to do is swipe your credit card and buy cryptocurrencies that way. Of course, you will also have to keep this money in your wallet, but digitally. Although many opt for a hot wallet over a cold wallet (for financial reasons), we must point out that a hot wallet is vulnerable to hacker attacks because it requires an internet connection, while a cold wallet is more secure because you store money on hardware-software. Anyway, this is something you don’t need to spend money on. Think of it as a smart investment.

Trading methods

There are two ways to trade, and these are manual and automatic trading. Manual trading refers to one in which you personally open and closes an account each time you access the trading platform, while in automatic trading the situation is different.

Automated trading software, also known as Expert Advisor or EA (Expert Advisor), can open and close trading positions without human intervention. Some automated software uses technical analysis to make algorithmic trading decisions, while others use economic news to open accounts.

Trading using the application is very practical because you do not have to spend your free time in this business, it is enough to set up the application so that it, thanks to artificial intelligence, monitors the situation on the market. To be successful in trading even when using an automated app, it is important to improve and enhance your strategy which you can read more about at eng.ambcrypto.

Since there are so many of these apps today, it’s important to take a few things into account to find the one that will work best for you. But how? Here are some tips that will help you choose the best application.

Source:financemagnates.com

Is the app compatible with your device?

Today, many applications have a desktop and mobile version. However, using the desktop version on a mobile phone can be impractical (which is why there are mobile versions). However, be aware that some mobile apps are designed exclusively for Android or iOS, so it would be a good idea to check this out before making a final decision.

Ease of application to use

One of the important things you need to pay attention to when it comes to choosing an application is its appearance, ie whether it is easy to use while meeting all your criteria. Many applications have advanced features and tools that could appeal to you, and they are unnecessary tools that will only distract you from the most important thing – improving your investment strategies.

There are also those applications that are equipped with few options, for example, you can not see the former value of the currency, but only the current, which will require you more time while performing additional searches on the Internet to get the desired data.

Customer support

This is a very important item, especially for those who are new to this business. Check what kind of service the application offers to its clients, whether it has 24/7 support talks with the support agent to avoid additional costs by calling the broker.

Source:financemagnates.com

Reviews are important

Each application will present itself in the best light, emphasizing the advantages and skillfully hiding the disadvantages. Who better to tell you the truth than its users? Reading reviews will give you a real insight into the quality of the application and help you make decisions about whether it is the right choice for you.

Charging policy

Each trading application has different rules on the method of payment and the initial amount of the deposit. This is something you need to find out before making a final decision on choosing an application. Today, there are many benefits when it comes to payment, so you can even do it via Google, Apple pay, PayPal, or Neteller.

For daily trading, it pays to use an automated bot (software) that will track prices and sell and buy for you.

If you have ever traded stocks you know that stock exchanges work e.g. from 9 am to 5 pm. There are no working hours in cryptocurrencies. Stock exchanges and exchanges operate 0 – 24.

Jumps that can be up to a few hundred dollars in one hour arouse euphoria in you so that you can trade and earn money every day! While this is possible it is not easy.

Daily trading requires a lot of practice, you need to know the market, individual trading options, interface, and the like. If you really want to profit from “day trading”, our recommendation is to use bots or automatic stock exchange options, which will work for you because you will not be able to be 0-24 behind the computer to track movements.

Everyone has to decide for themselves if it is a good idea to invest in these new technologies. Technologies can fail. Price speculation is one of the network effects that push the price to new records. That’s not necessarily a bad thing. Just be aware that this is a high-risk investment!

What are the Main Differences Between Bitcoin and Bitcoin Cash?

Many people are aware of Bitcoin and Cash cryptocurrencies. They are trading and earning massive amounts of money through these digital currencies. Everyone knows that Bitcoin was initially known and popular virtual currency, introduced by Satoshi Nakamoto in 2008.

Many people get confused between Bitcoin and Cash. These terms sound the same but are different in terms of everything. The Cash is the update of the BTC with additional changes. It is not only virtual currency but also has its blockchain. The BTC transaction is relatively secure and fast.

The price is increasing day by day, and many people cannot afford to invest in it. On the other hand, BCH is available with slight modifications, and people can afford it. Visit bmmagazine.co.uk to know some differences between these two cryptocurrencies that sounds similar.

In the following write-up, we will discuss more Bitcoin and Bitcoin Cash, including their differences. It is crucial to determine the comparison to invest in a better commodity and earn a massive amount in the future. Let us discuss how these cryptocurrencies are helpful for your investment.

Comparison Between BTC and BCH

Source:youtube

Let us compare these two digital currencies by knowing their massive differences:

1. Price

No cryptocurrency can beat Bitcoin in terms of price. With time, the BTC price is rising. According to the records, the price is increasing more than 120 million percent. After 2010, the economy of the world went into a significant recession. At that time, the value increased, and people invested their assets.

The financing world is changing a lot after the invention of this digital currency. On the other hand, BCH is stagnant, and there is no such increase in the price. The existence is not much sturdy like Bitcoin. There is a total increase of almost 65% from its time of invention.

But many people are showing their interest in the investment. If you are a beginner and cannot afford much on virtual currencies, it is the best option for making any small investment.

Source:masterthecrypto.com

2. Hash Rate

Again, BTC is the winner if we talk about the hash rate. It defines the mining power, and hence, the network of Bitcoin is quite powerful than the Cash one. Many miners are dealing with a crypto asset to safeguard their network, as well as validate all the transactions.

If we compare these two virtual currencies in terms of exhalates, then BTC is 100 and BCH is 2. Whenever you think about investing your money between these two, ensure that you consider their hash rate. It is a significant thing that one must consider before any money investment.

3. Adoption

Source:newsbtc.com

People across the globe are dealing with different cryptocurrencies, and everyone has adopted Bitcoin. If an investor knows how to invest and achieve profit, then he can earn a massive income. It is crucial to determine the correct method and the right way of implementation.

In the end, the investor can get a sum in return. If you check the daily transactions, you can observe that people worldwide have faith in it, and they are investing too. In case of adoption, BTC is beating BCH.

People do not rely much on BCH, and hence, they are not getting enough profits. The transaction cost is relatively minimum in Bitcoin. It is one of the biggest reasons for investing and exchanging currency in it.

4. Transaction Fees and Speed

Source:newsbtc.com

If we compare the speed of the transaction in both cryptocurrencies, then BTC is faster than BCH. High transaction speed is the massive reason for many people to adopt it. The blocks are placed in a queue, and all the transactions take place in an order.

If you want to prioritize the blocks, then you have to pay extra money. If you pay more, the exchange will be done quickly. On the other hand, BCH can carry more transactions in blocks. The cost of the transaction is comparatively less than BTC.

Therefore, many people prefer investing in it. Many individuals think it is hard to meet their requirements if they use BTC for millions of transactions. It is a significant factor where the Cash is leading Bitcoin.

5. Size of the Block

Source:coindesk.com

In Bitcoin, the block size is small, and in Cash, the size is large. According to different sizes, it can hold a different number of transactions. With the advancement in technology, both cryptocurrencies need to scale up.

They want to increase their block size and utilize more technologies for increasing efficiency. If we talk about the size of the block of BTC, then it is one megabyte. It can hold millions of transactions at the same time.

Whenever any user asks for the exchange, his request gets attached in the queue. All the miners require high computing power to solve complicated algorithms and equations of these cryptocurrencies. The block size matters a lot when you are deciding to make any investment.

It is crucial to get enough knowledge about the block to know how various methods take place. The size of the block plays a vital role in dealing with transactions efficiently.

The Bottom Line

Comparing Bitcoin and Bitcoin Cash is quite crucial before making any investment. If you are planning to buy any asset, you must know whether it is profitable for you or not. Many people are aware of various cryptocurrencies, but some differences make them decide to invest differently.

Undoubtedly, no digital currency can beat BTC, but BCH is the similar one with variant functionalities. It is crucial to understand their common differences for deciding on the investment. Go through complete details to make a wise decision. If you want to make frequent transactions at a low price, you must decide which one is better.

Every person has different requirements, and you can choose any digital currency that fulfills your needs. Make the right choice to get massive profits in your future. Initially, if you make the right decisions, then only you will have a better future.

6 Podcasts Every Crypto Trader Needs to Follow in 2021

Cryptocurrencies are getting more popular in recent years, which is not such a surprise considering the rise in values of some of the most popular options. This model of virtual money represents the future of transactions and offers many benefits when compared to the current financial system. For example, a high level of security and anonymous transactions cannot be intercepted or controlled by any authority. Also, you can avoid high fees that you have to pay in the banking system, which is especially good when you want to transfer the money to someone from another country. The ability to use an e-wallet for payments is especially useful for online services.

On the other side, one of the main reasons why blockchain technology and cryptocurrencies are so attractive to investors is because of the high volatility on the market, and many of them might bring them huge profits over time. The best example is BTC, which is reaching new records in 2021 with the current price of over $45,000. If you bought it only a year earlier, the profit would be ten times bigger now. If you are interested in trading with Bitcoin, visit btcloopholepro.com.

Source:afnor.org

Moreover, besides the BTC, there are many other trading options with great potential to provide you with profit over time, such as Ether, Monero, Dogecoin, and more. There are over 2,000 available units on the market. However, it is not so easy to select the right one since only some of them will continue to grow in the future. Also, you have to be aware of various factors that are affecting the prices of cryptocurrencies like supply and demand, efficiency, speed of the system, and global events like recession, official regulations, and more. Therefore, the best way to learn more about the whole market is to read analyses from experts or to listen to their podcasts. Here are some of the best podcasts related to the crypto market in 2021.

1. Hash Power

While most people have already heard about blockchain technology, many of them are not so familiar with this system and how it works in practice. A lot of people would choose to invest in popular trading options, but getting advanced knowledge about them could make the trading more efficient. Therefore, if you don’t know much about this system, we suggest you check one of the first podcasts related to this topic, the one lead by Patrick O’Shaughnessy, where you will get the basic knowledge about the technical details.

2. BTC Audible

Since Bitcoin represents the most popular option, we assume that you will be looking for a podcast that will explain to you more about the first digital asset. In that matter, you should look for Guy Swann and his Audible, where you can learn more about the advantages that you can get from using an e-wallet as a standard way of payment. The main advantage of this channel is that you can learn more about both technical specs and global factors that are affecting the future of this virtual currency.

3. The Pomp

Source:coinpedia.org

The host of this channel, Anthony Pompliano, will introduce you to big names who began to invest in the crypto market. The most interesting part is that you will find out about some successful people who were claiming that this market will never become stable and that investing in Bitcoin and other digital assets is not effective in the long run. However, many of them have changed their opinion. The most recent example is Elon Musk.

4. What Bitcoin Did

Source:blog.btcbox.jp

In this series, you will learn more about the rise of BTC and how it affected the whole market of cryptocurrencies. The main reason for creating the blockchain system was to find a way to avoid the banking system that was collapsed under recession in 2009. This topic is especially popular these days since there is a high chance for another recession caused by the lockdown measures during the pandemic.  Also, you will hear some examples where people managed to determine the right time for investing that brought them high profit. Peter McCormack, who is the host of this podcast, is also interviewing many successful people in this branch.

5. Unchained

Source:beincrypto.com

This is a great option for people who just started trading with coins and tokens. Laura Shin is a well-known expert, and she is interviewing many people with a lot of experience in trading. The main advantage is that you might find out more about some factors that might determine another crypto to have the same success as Bitcoin. Many people are looking for that option since there is a chance that some other unit could become even more popular in the future, and you should determine the right moment to invest in it.

6. The Breakdown

Since this podcast is brought by Coindesk, which is one of the most popular trading platforms today, you can get reliable information and the most recent news about the regulations, changes of value, predictions, security, and more. You should follow this channel more often since it is sharing all of the most important data about the crypto market. The host of this podcast is Nathaniel Whittemore.

Last Words

It is essential to get more information about any trading asset because that might improve your chances to select the right one and become more efficient as a trader. However, there is a big issue related to the crypto community where you can hear all kinds of stories. While some are predicting the crash of this market, the other ones are claiming how some digital currencies will reach some huge prices in the next few years.

Therefore, it is very important to follow only reliable people with a lot of experience with blockchain technology. In that matter, listening to these podcasts will help you to understand the potential of the blockchain system, what is causing the rise and fall of prices, and what can we expect in the future when it comes to this advanced method of payment.

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