cryptocurrency - Page 2

5 Bitcoin Hacks and Secrets Every Trader Needs to Know

Getting double or triple your investment never seems bad to anyone. Who doesn’t like easy money? Of course, many do that. Therefore, the urge to get rich with a little investment has increased public interest in Bitcoin. This is also the major reason for the popularity of cryptocurrency trading. Furthermore, several success stories on the internet motivate more and more people to get into cryptocurrency trading. For example, Eddy Zillan, a crypto millionaire.

Source:in.news.yahoo.com

Only because of the amazingly true success stories, the verified users in the crypto market reached 1 million in 2018. This is proof of the truthfulness of Bitcoin and other digital currencies. But most of the people are not aware of the basics and get into this market with a little knowledge. Thus, gets in trouble and lose all of their money. Therefore, you must get to know about the hacks to get success in Bitcoin trading.

Ventsmagazine.com tells you about the purchase of Bitcoin without much investment. You can go to their Website to learn about the use of Amazon gift cards for the purchase of Bitcoin. Yes, you don’t have to use your own money if you have the gift card from amazon. So use this card to become rich.

But wait, you still have to know some secrets about Bitcoin trading. So here are the hacks that you can use;

1. Plan your Game

You might think that you already have a plan, you will do this and that and finally get success. But ask yourself how many times have you stick to your plan? Having a plan is a different thing and sticking to it is the thing you have to do. Now, to do so, you need strong will power.

Source:bitcoinexchangeguide.com

The important thing in Bitcoin trading is the time of purchase and selling. If you have bought the currency during the low time, you need to set the criteria to trade. So irrespective of the market performance, stick to your plan. But don’t just casually sit there. Analyze the market and make your move accordingly. After some time you will learn how the market works and when is the best time to sell your coin.

2. Consolidation of your portfolio

As the market goes up and down, so do the different coins. Some coins have long term potential (if you don’t know about it, you will learn that with time). The Crypto market is also like trading in the stock market. The worth of the coins can be determined through the market performance just like companies.

Source:coingape.com

For example, you have shares in a Robotics company and any cinema. So if you have to sell the shares of one of the company what will you do? Of course, the cinema because robotics has a long term benefit. The future is all about technology. Old themed and design based cinemas will no longer be there.

Similar is the case with Bitcoin trading. You have to analyze your coins and get rid of the one that does not have a long term benefit. So when you observe that the market of certain coins won’t be going up in the future, you can sell them. In this way, you will always play safe. Otherwise, the dead weight will only drag you down.

3. Never stay within the crowd

Yes, you have to cut the noise around you and should make your plan. In this way, you will move by your policies. Although it might seem that you have made a loss by staying away from the crowd that will be a short-term loss. If you want long term profitability, you have to remain in your plan.

Source:currency.com

Either remain ahead of the others behind them. For example, most of the traders are going for a certain market, but you are not sure about its performance. The best solution at such times is to stay behind the crowd and observe the trend. But if you are a trader with high market assessment potential, you will know which coins will go up.

People who work in larger groups fail to make true assessments. This is because, with more chefs, the dish will definitely get spoiled. Gossips began to start and people make wrong decisions only based upon the gossip. Therefore, keep this thing in your mind. Never follow the crowd blindly. Make your plan, your assessment and your criteria to manage investments in the business.

4. Make your own team

As mentioned above, the more the team members the gossipy it will become. But that doesn’t mean to work alone. Building a team and working along well can be a better choice. The only thing that needs accuracy is team selection. Therefore, the best way is to start with a short team, a team of 2 to 5 members.

Next is your game plan. You must ensure that all the team members get and provide information from authentic sources. Therefore, it is essential that all the team members have at least 2 or 3 subscriptions to primary authentic sources. In this way, you will be able to stay away from gossips and get the right information.

5. The need for Tools

You can provide someone with food, but it will only feed him for some time. On the other hand, if you teach someone skills to earn, he will be able to get food for a lifetime. Therefore, the need for tools is inevitable. The digital world isn’t that different from the real world. That is why you will need tools to work there.

So here we have a list of the best tools used for Bitcoin trading;

Source:icoholder.com
  • Trading view (Pro)
  • com
  • com

Conclusion

Trading isn’t child play. Although it seems like easy money, but it is not. This market is stressful. Therefore, prepare yourself to work hard. But without the right tools and knowledge, you might face failure. So equip yourself with the best tools and make your strategic game plan and there won’t be anything stopping you.

5 Most Common Misconceptions About Cryptocurrency

We still have people who do not know that cryptocurrencies have been on the market for more than a decade. Not all of them, of course, but BTC has been around for even more. Despite this, most people aren’t familiar with them, and once they develop an interest, many things leave them confused. In the first years, while crypto indeed was a mystery, myths and misconceptions arose, and some of them remained to this day. In this article, we are going to talk about the five most common misconceptions about cryptocurrency. Could you keep reading and see what they are?

Source:medium.com

It’s Anonymous

These days it is popular to get involved with crypto. Such is the trend. But most people see it as some type of mystery, which grants them anonymity while they mine and trade it. This is not the case. It is actually more of confusion that the term pseudonymity creates with new users. It is because of this that people believe that crypto guarantees their anonymity, which makes a great misconception.

Furthermore, not all crypto’s are the same. One of the most famous ones, Bitcoin, provides pseudonymity because the user’s personal data are not disclosed during the transactions. But, this doesn’t mean that your exchange or blockchain doesn’t know who you are or that this data isn’t available to governmental and financial institutions who look over the legitimacy and security of crypto trading.

What people are actually are looking for are other cryptocurrencies such as Monero and Dash. They do offer their customers with a high level of anonymity and the highest possible levels of security and privacy. Even with all of that, once you log onto an exchange and create an e-wallet, you need to leave your personal data.

Cryptocurrencies are Mostly Used for Illegal Activities

Source:cryptotim.es

Yup, you heard it right. Many people link cryptocurrencies to illegal activities that occur on the other end of the web specter. There are those who believe that you can operate with crypto only on the dark web. Just like anything else in this world, there are people who conduct illegal activities with cryptocurrencies. But, they are few and far between to consider crypto as anything remotely illegal. Most activities conducted with crypto occur on the open market and are entirely legal.

This opinion still lives because people understand the numbers, but percentages not so much. During the last year, the dark web activity, which included Bitcoin, amassed to $829 million in transactions. This is a significant number on its own, but it’s just a tiny fraction of entire BTC transactions that happen during one fiscal year (0.5%). What this means that many other FIAT currencies are used on illegal markets much more compared to crypto. If you want to discover what we’re talking about, just look into how much US Dollars or Euro are represented on illegal markets. You’ll be astonished.

Tokens And Coins Are The Same Things

Source:steemit.com

All of the terms regarding cryptocurrencies are new to most people, and it’s no wonder we have as many misconceptions. Tokens and ICO (Initial Coin Offerings) are not the same. Blockchain has both of them, but coins are only there to manifest the value. Tokens, on the other hand, are much more. They do not only hold the simple value but also intangibles such as income, property, utility, and fungibility. In terms of crypto, the property can both refer to real estate transactions, but also to intellectual property. Tokens are much more broader term that also goes hand in hand with terms such as loyalty points and other commodities that crypto holds.

It’s Untaxable Income

Sometimes this statement holds the truth. There are countries in the world that haven’t out tax on crypto. If you are lucky enough to be living in places such as Holland, Denmark, Italy, or Singapore, you don’t have to pay taxes on BTC and similar crypto. But, despite the lack of regulations right now, it’s only a matter of time when things are going to change in these countries. While there are no established tax rules in some countries, it doesn’t mean you can do whatever you want. It all comes down to what you’re allowed and what you shouldn’t be doing regardless of the regulations.

On the opposite side of the countries, we listed above, you have the United States, United Kingdom, and Australia, where cryptocurrencies are seen as capital gains and thus is taxed. So if you live in the land down under, and want to start your crypto life with bitcoinaussiesystem, don’t forget the taxes. In addition to everything said above, we also have Japan that sees cryptocurrencies as miscellaneous income, and Germany that regulates it differently depending on either you sell, buy, or invest crypto.

Bitcoin is the Only Cryptocurrency that Matters

Source:coindesk.com

Yes, it all started with BTC. It is the oldest and the most valuable cryptocurrency, but it’s not the only one. Thanks to this, it became the most popular one, and it often overshadows the other ones available. It also holds the most incredible value, so there’s that. This is precisely why most people believe that they shouldn’t look further from it. While you won’t do anything wrong, if you focus only on Bitcoin, you could miss on the opportunities other crypto’s offer.

You should also know that due to the limit of available BTC and the fact it has been on the market for so long, it gets harder to mine it. We are not exaggerate anything, but while BTC lives of its old glory, many modern cryptocurrencies have upped their game and today have much more to offer compared to BTC. We should also mention the small matter of price, where BTC is reasonably expensive and provides lower margins of gain for trades in recent times. By now, you must be understanding that other cryptocurrencies such as Litecoin or Ethereum can rival BTC. Maybe not today, but soon. You are probably googling them as we speak.

10 Important Things to know about Bitcoin to PayPal Transfer

Bitcoins are a kind of cryptocurrency which can be sold, bought or exchanged along with being used in buying a variety of things. This cryptocurrency has been gaining more and more popularity since then. There are many interesting aspects of bitcoins and their utility which makes it a topic to discuss.

About PayPal

Source:navegabem.com

PayPal is a means by which you can do various transactions. This is basically a way by which you can make or receive online payments from a personal account or a business. One of the simplest methods to pay via PayPal is entering your debit or credit card details in the PayPal option. Do it when it flashes on your screen while making any payment. You can even directly add your bank details in the PayPal category to proceed with simple payments. However, there is also something that you might not be aware of.

Things to know about Crypto to PayPal Transfer

Source:blog.coinbase.com

If you own some amount of cryptocurrency, it is possible to transfer that in your PayPal account. You can make its use of your future payments. Given below are the 10 important things to know about it: –

  • You must know an important thing about Bitcoin to PayPal transfer. There are no direct ways available to aid in the transfer process. That is, you cannot directly transfer the bitcoins you own into the PayPal account. The layman’s way is to cash out the bitcoins first and then transfer into the PayPal account.
  • For the cash-out process, you would need to withdraw them to your bitcoin wallet. Once you do that, you would need to sell them out for getting the real money against it. For selling, you could consider searching for someone who deals in it. You can look for an exchanger who can offer you a value of money for the bitcoins you own. Another option is that you can sell it to someone who is looking for buying these bitcoins.
  • In 2016 Coinbase announced that transfer conversion of bitcoins to the USD dollars would be available with much rapidness. After moving bitcoins in the Coinbase account, you can withdraw them as USD directly to your PayPal account.
  • The process, though being very simple, requires you to follow certain steps properly. You must have a Government ID for this purpose. During the process, the verification of the ID is completed. Also, it requires a particular amount of fees against each withdrawal, i.e. 3.75% sell fee. This method is one of the fastest, as well as the safest method. You may use it for withdrawing bitcoins as US dollars into the PayPal account.
Image source: unsplash.com
  • The simple procedure of this method includes certain steps. Move the bitcoins that you wish to sell into the Coinbase account first. You will be shown options such as buy or sell bitcoins. Out of these, you would choose to sell for converting it into real currency. Decide on how many bitcoins you wish to convert into the USD. Then, you must enter the number and proceed with the transfer by choosing PayPal as your payout method.
  • There is one more important thing that you must check while making the bitcoins transfer into the USD. You must check whether the exchanger you wish to consider is safe or not. It is indeed necessary for you to do thorough research before you think of relying on any random source. There are fair chances of meeting the scam exchanges too and suffering losses. Also, beware of the fraud exchangers who can potentially steal your password and other personal information too.
  • There are not only one or two exchangers available for converting the bitcoins into USD. If you search on the web, there are numerous exchangers available who deal in bitcoins. Thus, you must choose the best one out of all which suits your requirements. There is one crucial factor, based on which you need to choose an appropriate exchanger. It is to look at the value they are offering you for the bitcoins. Each exchanger would have a different exchange rate. You must consider choosing the one which offers a high rate.
Image source: unsplash.com
  • Reviews are often given by the number of people who have undertaken such transfer in the past. You can refer to those reviews and decide on which would be a better exchanger for you. You must avoid choosing the one which has been given poor reviews by the users. You must stay conscious of the frauds involved. For this, it would be better if you rely on a trusted source. Someone who can provide you with information about Bitcoin to Pay Pal transfer and renowned exchangers.
  • There is another important factor to consider while exchanging bitcoins to USD PayPal account. It is to check whether the exchanger is valid as per the rules and regulations of your country. There will be no point in availing the services of the exchanger who is not allowed in your country. Thus, you must make sure that the particular bitcoin to the PayPal transfer method is valid in your country.
  • There is one wonderful option that you must look at, for getting guidance over converting your bitcoin amount into USD via the PayPal account. It is the one, which is a productive means by which you would get all the details of the various exchanges available. You would be able to see a complete list of exchangers. This includes the ones which offer the best value for bitcoins that are featured on the top.
Source:bitdegree.org

Conclusion

Are you looking for reliability as well as the best value of your bitcoin amount? You would get to experience enormous exchangers here with a different value of bitcoins to real money. Choose the best exchanger depending upon the benefits offered by it. Click here to know more about the wide list of bitcoin exchangers given on the official website of BestChange. Enjoy the best experience of Bitcoin to Paypal transfer. After all, every bitcoin has a gem value, and you should be bestowed with the same!

5 Mistakes All Crypto Owners and Traders Should Avoid – 2020 Guide

Probably the most common topic spoke on the internet portals lately are the cryptocurrency and the predictions for the future of this market. As we are globally heading towards the recession, due to the pandemic of covid-19, more people are thinking of investing in crypto. Mostly because the mining process is being simplified by the appearance of the new cloud hashing possibilities, and the rise of mobile mining. Aside from mining, a possibility to trade this virtual currency on many of the platforms available both on computers and smartphones is quite convenient. You are even able to exchange your digital currency for fiat currency in a matter of minutes in countless of exchange offices, and even on ATM’s.

These digital assets have been breaking records in millions that were invested in them by different people. This all sounds very promising, but owning and trading is not that simple. It requires a fair amount of knowledge and experience if you plan to earn money. A lot of good quality information and reviews about different cryptocurrencies and the market can be found on Kryptomoney.com. In this guide, we provide you with the 5 mistakes all crypto owners and traders should avoid.

1. Not arming themselves with knowledge

Source:quantnews.com

The first and biggest beginner mistake owners and/or traders make is a bad understanding of the market and trading itself. Beginners often think that it is enough to have a good trading strategy. However, this is the reason they almost always lose money. We can compare this to trying to start a company in a sector you know very little about. But you are eager to invest just because everyone else is doing it.

The solution to this problem is quite obvious. You learn as if there is no tomorrow because with knowledge comes results. Beginners tend to read only a few good books on trading and only a few articles before they start trading. They exercise too little and very quickly forget how important knowledge is when it comes to finances! Especially in times like these, when the market is experiencing extreme turbulence.

In fact, beginners usually know so little about financial trading that they often don’t even know where to start. How to avoid the most obvious and biggest mistake of all of them?

By learning, reading, attending webinars, attending seminars, practicing on a Demo account. If you don’t have time, do your best to find it! You never know how long it will take you to achieve constant profitability.

2. Loss of important data

Source:databackuponlinestorage.com

Given the fact that we are talking about a system of very complex mathematical algorithms and mechanisms, such a system is fully understandable only to a part of the public with a high degree of computer education and literacy. Those with less IT education are at risk of making a mistake that can even leave them without their resources. Most of these people are simply turned on by the talks of others and their experiences in the area. Thinking that this could be done by anyone with some spare money for investment, makes them jump on the train. The most commonly reported mistakes are related to the loss of key data and information, the possibility of unauthorized intrusion and theft of keys, as well as unintentional disclosure of key information. Unaware of the possibilities of theft they keep the data about the wallets stored on their phones, exposing them to hacker attacks. Avoid this at all costs.

3. Investing in one currency only

Source:bernardmarr.com

Unlike national currencies, crypto has no firm foothold and is not regulated by monetary policies. Modern markets are volatile, which may result in the affirmation of a new cryptocurrency, which could ultimately lead to the cessation of demand for one particular crypto and thus make it almost worthless.

Investing in more than one crypto, following the stock market – the appearance of the new currencies and the prices of the already existing ones is smart advice you should start practicing even before you obtain your first crypto.

4. Poor risk management

Source:coindesk.com

When it comes to business, risk and rewards go hand in hand in any market. Indeed, beginners in this particular field do not pay much attention to it. Risk management is an essential part that will define your success in crypto trading. You can’t expect to make money blindly by following a trading strategy. When you manage risk effectively, achieving success becomes a reality, not just an opportunity.

Only risk the capital you can afford to lose and nothing more. Believe it or not, many beginners in the market trade capital they cannot afford to lose. This can be disastrous because these markets, like most other markets, such as stocks, are extremely, notoriously risky. There is no guarantee that you will always make money. Losses in trading are part of crypto trading. So, decide when is the best time to trade, and stick to your decision. Sometimes people get hooked and wait too long, never being satisfied with the price they can get. As a result, the price drops even lower.

There is also additional pressure when trading money that you must not lose. You make wrong decisions by trading like this, so try to avoid it if possible.

5. Short term investments

Source:armyofbitcoin.com

There have been many people in the past who thought this is a good opportunity for a short-term investment. They rushed to get a bank loan, invested in crypto, but the price suddenly fell and they were left with a huge debt. Be aware that this market is not suitable for short-term investments. Only the long-term ones make sense in the crypto market. These currencies are prone to rise and fall on a daily basis. If you recognize that a certain currency has the potential to grow in a couple of years, go for it. Otherwise, stop until it’s too late.

The Crypto market is a good trading opportunity. But only if you invest time in reading, analyzing, carefully planning, and observing.

5 Tips Every New Cryptocurrency Investor Must Know

The fact that the number of investors is growing day by day also speaks of the fact that one can make money on cryptocurrencies. This is supported by the fact that there are currently over 34 million bitcoin wallets, and if we include other currencies, we will reach the magic number 50, ie that over 50 million people in the world enter cryptocurrencies. Still, it’s not enough to just prepare the money to invest and think you’ve done most of the work. On the contrary, if you are a serious investor (and we believe everyone is), you must know a few basic things. Well, let’s start from the beginning.

What is cryptocurrency?

Source:monster.com

Cryptocurrencies are virtual money and exist only in digital form. What makes it different is that it is decentralized, that is there is no central authority. It is difficult to say how many different currencies there are, but it is assumed that the figure is around 1,600. Even those who do not know much about cryptocurrencies have certainly heard of the most famous and most powerful among them – Bitcoin. This currency has seen great growth since 2009 when it was released. However, we should not ignore other, smaller currencies, which can bring solid profits – Ethereum, Litecoin, Ripple, and many others. Transactions must take place via blockchain, which means that there is no third party, and this is exactly what makes the transaction secure.

How can I buy cryptocurrencies and where do I keep them?

Source:telegraph.co.uk

You can buy cryptocurrencies in several ways, in exchange offices, peer-to-peer, and the most popular way is through ATM. This is also the simplest way because all you need to do is swipe your credit card and confirm the transaction. This leads us to the next question, and that is – where to store cryptocurrencies? This money, like any other, is kept in the wallet, but since it is digital money, the wallet must be the same. There are two types of nightgowns, and they are hot and cold. Hot wallets require a constant internet connection, so they are often attacked by hackers. On the other hand, we have a cold wallet, which is hardware-software that does not require access to the Internet, so it is safer. But it requires a constant power supply and that makes it a big consumer, and its price is higher compared to a hot wallet. Still, this is about your money and consider this a smart investment.

How do I start investing?

Source:wealth.visualcapitalist.com

First of all, you need to know that there are two ways to invest in cryptocurrencies, and that is trading and mining. For many people, trading is their preferred option because they can make a profit faster. This is supported by the fact that the value of most cryptocurrencies’ changes from day to day, and there are often several ups and downs in one day. On the other hand, we have mining in which the main role is played by accountants – miners, who dig bitcoins. Mining is a great choice for the patient. Those who opt for this type of investment must know that their chances of earning a significant increase if they join a mining pool.

How do I find the right platform?

You’ve probably already heard that many have been deceived. That is why you must find out about a particular platform before you decide to deposit your money there. All he can do is check the licensing and reviews. There are also differences in the minimum role, which is $ 250 on most platforms. Some platforms allow trading in stocks, which makes them useful to those who already deal with it.

What is certainly important to mention is that there are many trading applications, intended for beginners or people who do not want to sacrifice their free time following the market situation, but leave it to the application which, thanks to artificial intelligence does all the work for them. Namely, studies have shown that thanks to artificial intelligence, these applications detect changes in the market 0.03 seconds before humans, which in this case is more than enough time to make a profit. When choosing, it is important to pay attention to the interface, to make sure that everything is clear and that you will find your way around easily.

Check here: https://btc-newstrader.com/.

Beware of scams

There is a high probability that you will encounter a series of scams when it comes to investing in cryptocurrencies. That is why it is necessary to be very empty and prevent at least what you can. Since it is known that hackers are constantly lurking and that everyone who spends time online is at risk of cybercrime, consider an online broker a safe option, because it works under strict regulations. Another thing that may indicate that something is wrong is that your network has become much slower. The fact that there is no regulation under which the bitcoin operates makes investing uncertain. Still, everything is fine until some currency comes in competition with the Government.

Source:fxempire.com

Final thoughts

Those who are just starting to invest in cryptocurrencies must be told not to allow themselves to be carried away by beginner luck. Another important thing is to pay attention to the minimum stake when choosing a platform, as well as whether the platform offers a bonus because most do. It is also important to know when to stop investing, that is, not to invest more than you are willing to lose. And last but not least, you should always invest in several different currencies, so that in case one loses in value, you do not lose all the money invested.

Follow the situation on the market, because it is constantly evolving and growing. Look at buying a wallet or trading application as a useful investment that will protect your money, and will probably double it very quickly!

7 Things You Can Buy Only With Cryptocurrency

So, here we are – you amassed yourself a small fortune in Bitcoin or any other cryptocurrency but don’t have an idea what to do with it? Don’t sweat over it as we are here to help you with these seven things you can buy only with cryptocurrency.

3D Printed Electric Violin

Source:all3dp.com

Let’s start with the most unconventional item. Even the most prominent music instrument enthusiasts wouldn’t remember this. But here we are. 3Dvarius is open to trading with BTC, and you can purchase one of their products with crypto. The violin you’ll receive is going to be custom made, with four or five strings, engraved just for you. The best model you can have from their collection is a high-end, pretty elegant, electric concert violin. The price set on their website is set at $8,150, which is close to 1.1 BTC.

Golden State Warriors Season Tickets

Source:goldenstateofmind.com

Are you a fan of both the National Basketball Association and cryptocurrencies? If so, then we have good news for you. Golden State Warriors are a franchise ahead of their time, and selling tickets for Bitcoin is something they already adopted. They’re trendy with their high temps shooting the basketball and on the financial market alike. Fans who are into crypto and this sport will be thrilled to hear this news. Season tickets are priced at $7,611, which is close to 1.02 BTC. It’s all up to you to take the crypt 3PT or go with passing cash.

Diamonds & Gold

Source:pymnts.com

As you know, ladies can have only one good friend, and they’re diamonds. But, you can also befriend them with cryptocurrencies. Some jewelry is offering their goods available for purchase with BTC and another crypto. REEDS Jewelers were the first to provide this benefit, and if you cash out $25,000 worth of crypto, you’ll even get it transported to your location with an armored vehicle. This jewelry place offers both diamonds and gold, which can be bought for 1.0 BTC. But, all of this begs the question – what shines more, diamonds and gold or Bitcoin?

Tesla Model X Wheel Package

Source:teslarati.com

You must indeed be a man of trends if you have both Tesla vehicles and are trading cryptocurrencies. Both are trending for a while now, and many people have jumped onto the hype train. So, if your car is ready for a tire change, you know what to do with your saved crypto. You can get yourself an entire set for a mere 0.91BTC or 6,800 in American dollars—fair trade, especially if you got your Bitcoin during one of the spikes.

Rolex Watch

Source:youtube

Time is money is an old saying that holds to this day, and nothing screams time more than a Rolex watch. If you are into Bitcoin trading, you know things can change quickly over a short time. So, you might want to watch time passing by on an expensive luxury watch. Overstock offers already owned Rolex watches on a discount price; in a case, you haven’t yet earned a fortune on cryptocurrencies. Rolex for one BTC or $7,450 doesn’t sound bad now, does it?

Other Cryptocurrency

Most people don’t even think of this. Imagine if you managed to get your hands on plenty of BTC, but at one point, you don’t know how to invest further. One logical option is to look to diversify your portfolio by investing in other cryptocurrencies. Not all of them are recognized as BTC, but money can be made out of them. If you don’t know how or where to start, check out cryptorevolt and similar websites as they’ll provide you with help and information you might need for this endeavor. The desire to invest further in crypto needs to be backed by people who are knowledgeable in the matter on hands.

Gucci Coat

Autumn is almost upon us, and there’s no harm in having a coat. If you want it to be high-end styled, you should aim to make it a Gucci one. Don’t look too far as Farfetch is offering them in exchange for crypto. Buffalo leather or lambskin, you can choose, but twill comes with both pieces. Once you have one at your disposal, you’ll know that this coat is perfect for any and all occasions. All you need to do is to part with almost $8,000 or one Bitcoin; it’s all up to you.

Fly to Space

Source:thesun.co.uk

If you want to make all of your friend’s bucket list look ridiculous, add this feat to yours. Yes, it’s going to cost you a large chunk of your hard-earned cryptocurrency, but traveling to space is on another level, almost on another planet. Work hard to make this dream possible. If you haven’t heard of Virgin Galactic, check them out, as they are one of the companies that offer a space journey in exchange for crypto. Not only that, you’ll get out of our atmosphere, but you’ll also travel a bit around our planet. Now, you need to be quite good at earning and stashing crypto to afford this. The cost is no small fly, as you’ll need $250,000, which translates to 33.6 BTC. Don’t worry, you don’t need to have that amount right now, as they are booked up to 2021, so take your time and earn crypto for this purpose.

Conclusion

As you can see, this list is rather impressive, and with a reason – these things are peculiar and can be bought with cryptocurrencies. If you are a crypto enthusiast but don’t know what to do with your hard-earned fortune, take a good look at our list. There’s a bit for everyone, and you shouldn’t be an exception. Whether it is a Gucci coat, a Rolex watch, or space travel, you have it all. Our goal was to cover different spheres of life and interest of various people. We believe that we succeeded. Please, do tell us if we haven’t. This would mean that our list is going to expand for at least a couple of items.

8 Reasons why Bitcoin is Better than the Dollar

Bitcoin has been changing the world for the better ever since it appeared on the market more than 10 years ago. The leader of the digital currency has had many ups and downs over the years, but overall it has proved quite beneficial for everyone involved. Following its meteoric rise in value at the end of 2017, many saw how quickly they could become successful investors and joined in on the virtual currency fun. However, many still wonder what Bitcoin truly is, and what makes it better and easier to invest in when compared to the US dollar. In this article, we aim to give you the reasons why Bitcoin is better than the dollar and convince you to give it a shot as soon as possible.

1. Freedom

Bitcoin works differently than the US dollars in its very core. You probably heard of the term decentralized, which means that the users of Bitcoin are free to do whatever they want with their Bitcoin without any intermediaries. Nobody controls your decisions, there are no banks and governments, and therefore no penalties, laws, or fees. Bitcoin allows a cheaper, faster, and more secure way of doing business and investing, far from the eyes of the banks. The owner is the only one in charge of their BTC amount.

2. Easy Online Shopping

Source:bitcoin.eu

Bitcoin does not have a physical form. Everything exists online, from the moment you make it, to the moment you trade it. Bitcoins are stored, withdrawn, and deposited into and from e-wallets. The blockchain technology is at the source of how Bitcoin works. Due to this amazing feature, it is easy to spend BTC online, as well as some shops around the world that accept it as payment.

3. Less Volatility

While it is infamous for its spikes in value, Bitcoin is still less volatile than traditional cash. This makes it an easy choice for investment. What is more, it is easy to start investing as you simply need to acquire some BTC to be able to make more money.

4. Tracking

Source:loopslu.com

It is virtually impossible to track the amount of the ways in which cash moves around the world. Once there is a need to print more cash, the governments, banks, and treasuries can do it. However, this decreases the value of money leading to inflation. The US dollar is now worth much less than years ago, and you can do significantly less with $1,000 than a few decades ago. With Bitcoin, there is a finite amount of it that exists. Thanks to the already mentioned blockchain technology, millions of computers are joined together through a vast network that uses cryptography to record Bitcoin transactions around the world, creating a public record of all BTC movement. This transparency and trust between the people who trade in BTC can never be achieved with something so controlled and governed as the US dollar. For this and many other reasons, the banks are not very happy with the world turning more and more to cryptocurrency.

5. Investment

Bitcoin is now a common way of doing business in the modern, technologically advanced world. Most countries have introduced BTMs where you can do all things ATMs allow, but with Bitcoin. Dozens of shopkeepers make it easy for customers to spend BTC for their services and products, joining in on the fast-spreading craze that is cryptocurrency. All of this opens many doors for investors looking to multiply their wealth. There is no conversion, and if basically combines the best sides of gold and cash with an open, restriction-less market.

Source:coindesk.com

6. Security

Bitcoin works exclusively through peer-to-peer connections. It is as open as it can be, fully secure, transparent, and frictionless. No third parties stand between you and another person on the other end of the transaction or trade. Private keys that BTC users have are solely theirs, and they allow them and nobody else access to their balance.

7. No Returns

Bitcoin is great for maintaining records, that much has already been mentioned. However, once a transaction has taken place, the ownership of the amount in question also transfers from one user onto the other. What this means is that two people exchange a set amount and nothing else, making record keeping and taxes easier to follow and healthier overall. There is no possible way of fraud like with cash, where one amount can be said to be in one place but never get there.

8. Transition and Access

Source:independent.co.uk

While there are almost as many currencies in the world as there are countries, there is only one Bitcoin or one of the other digital currencies. They can be used in exactly the same way in all corners of the world without nation or bank boundaries. Every transaction is seamless, and each one has a clean record behind it. No matter how geographically different and far two people are, they can easily do business with Bitcoin without third parties or exchange values.

Closing Remarks

If you were hesitant to try a digital cryptocurrency and finally realize what makes it so special, we believe these eight reasons can make you see why Bitcoin is a much better option for someone looking to invest in 2020. While fiat currencies like the US dollar still have immense value in the contemporary world, it is only a matter of time before Bitcoin and its cousins completely take over and once and for all bring us into a cashless world. Bitcoin is simply more trustworthy, secure, and easier to use and invest, which is more than enough in the world where people are looking for equality and transparency from corruption and deceit. Traditional currencies are bound to become a thing of the past sooner rather than later, so make yourself ready by acquiring Bitcoin while it is still in its infancy. The past ten years of its life are nothing compared to what is coming in the future! Visit https://crypto-gps.com to learn more about the most popular cryptocurrency and start investing today.

Can You Earn Bitcoin without Mining and Investing

Doing a job that you do not like is truly a tough thing. You probably have a good salary. However, in most cases, the salary you have can’t cover all the costs that you have. Lack of money is not the only problem that people have. Let’s say that you like to travel a lot. Even if your salary is above average, will you have time to do what you like?

All these problems convinced people that they have to look for alternatives to make money. Fortunately, advanced technology brought many opportunities to our lives. This especially counts when we talk about finding ways to make more money.

Despite that, the Internet also brought some new industries to the world. For instance, traditional gambling is not as popular as before. Many people now support online gambling because of the benefits it brings. However, the online gambling industry is not the place where you should look for more money. We do not want to say you can’t earn it. Yet, only a small group of people manage to get rich from this entertaining activity.

Source:smartassets.one

On the other hand, the cryptocurrency industry is experiencing popularity growth. Indeed, this industry has a turbulent past that distracts people from investing. Fortunately, more and more people understand that certainty in the business world does not exist. The Coronavirus pandemic showed that neither of the industries is perfectly safe.

As you know, Bitcoin is the most popular digital currency in the world. People that have never participated in this industry heard about it. The two most popular ways to earn Bitcoin are mining and investing.

Should I Start Mining and Investing Now?

If you have enough money for investing, why not? You can now get BTCs for a relatively fair price. The pandemic also harmed the market cup of this industry. The consequences of the crisis are visible in the value of Bitcoin as well.

The price reduction is not something that should scare you. As we said, all industries were turbulent and this especially counts when we talk about cryptocurrency.

If you do not have enough money and knowledge, this could be a problem. Fortunately for all of us, the two most popular ways of earning Bitcoin are not the only ones.

How to Earn Bitcoin without Investing and Mining?

We do not want to say that alternatives are equally profitable as investing and mining. However, when lack of money is the problem, you can’t expect to earn a lot. The good thing is to start participating in this industry. How are you going to start investing if you have never met with any cryptocurrency? Our solutions are multi-practical. You will get some experience and Bitcoins to start. Let’s find them out together.

Entrepreneurs Should Accept BTC-based Payments

We know very well that this piece of advice is not suitable for everyone. It can be useful for entrepreneurs and people that plan to start a private business. Let’s imagine that you are preparing yourself to become a business owner for the first time. Logically, you created a business plan that covers all the aspects of your business.

Well, our recommendation is to add different payment methods to your business plan. More precisely, accepting Bitcoin-based payments will allow you to earn Btc without investing or mining. This is a message to all the people that run a private business.

Source:hackernoon.com

Work for Bitcoin

Some people are not just big fans of Bitcoin and other cryptocurrencies. They invest a lot of effort to make them more popular among people. Achieving that in today’s world is tough. Because of that, these people use different methods to change the way of thinking of people. Some of them invest in education and they strive to teach the world more about them. However, some companies accept to pay their workers in Bitcoins.

First of all, you can visit websites where you can do some simple tasks. These websites a perfect place for people that look for easy money. Fortunately for you, some of them will pay you in Bitcoin in exchange. We do not want to be too optimistic here. As you know, simple tasks are not profitable at all. The amount of BTC you will get is not going to be impressive. Still, this is a good way to make mini-steps in this industry.

If you want to make more, there is a good alternative you should know about. Some companies like to collaborate with freelancers on certain projects. Hiring a new employee for a couple of months would be unnecessary. If the owner of that company is a BTC supporter, be sure he will accept to pay you in BTCs. This is a good opportunity for people that possess certain skills. For instance, you can start working as a freelance content writer, graphic designer, etc.

Online Gambling

Source:casinosfactory.com

The online gambling industry is experiencing popularity growth in the entire world. Because of that, online casinos need to follow the latest trends including those associated with payment methods. Some casinos will pay you off in Bitcoins.

Still, there is one thing that we have to say about this method of earning Bitcoin. It is the riskest way of earning Bitcoins of all. Indeed, you need to take certain risks when investing and mining. However, gambling is not going to be profitable for you if you do not possess the necessary gambling skills. Some people managed to earn Bitcoins in that way, but be careful if you choose this method.

Bonus Tip: Trading

In the end, we would like to talk about one of the most effective ways to earn Bitcoins. Indeed, small investments of money will be necessary here if you plan to start. Despite that, you will have to create an account by using a reliable provider.

Still, this type of earning Bitcoins is not good for everyone. The entire cryptocurrency industry is complex. You will need to spend months or years to understand how the industry’s system functions. Because of that, education to become a successful BTC trader is education.

Research this subject in theory before you even start. After that, you can find a reliable broker/mentor that will share his knowledge and experience with you. If this seems like a good option for you, we recommend you visit cfds-trader.com. Here you can find a mentor that will teach you everything you should know about online trading. When you possess those skills, you will easily manage to trade with BTC successfully.