Ad Sigma – Next Generation Currency

7 July, 2023

Digital Currency and Its Blockchain Revolution

in Cryptocurrency

Cryptocurrency use and interest have skyrocketed in recent years. These digital assets have drawn interest from individuals and organizations, promising to transform finance. Cryptocurrencies are fascinating, but legal issues like child custody are vital to many families. Child custody lawyers help parents negotiate custody issues and guarantee the best possible outcomes for all parties.

What is Cryptocurrency?

As the name implies, cryptocurrency is a type of digital or virtual money that uses encryption techniques to safeguard financial transactions, regulate the production of new units, and confirm the transfer of assets.

By leveraging decentralized technology known as blockchain, cryptocurrencies operate independently of central banks and governments, in contrast to conventional fiat currencies like the US Dollar or the Euro.

Opening Up the Crypto Frontier

When Bitcoin, the first and best-known cryptocurrency, initially appeared on the market in 2009, it immediately caught the interest of early adopters and tech aficionados. Bitcoin presented the idea of a decentralized digital currency that eliminated the need for intermediaries and enabled a transparent, peer-to-peer transaction system. It was developed by an unidentified person or group using the pseudonym Satoshi Nakamoto.

The Foundation of Cryptocurrencies

Blockchain underpins cryptocurrencies. Blockchains trace transactions across a network of computers to ensure security, immutability, and transparency. Connecting blocks creates a chain. Blockchain technology’s decentralization undermines trust in a single authority, changing industries other than banking.

Different Types of Cryptocurrencies

Bitcoin’s success paved the way for thousands of alternative cryptocurrencies with unique purposes. Ethereum pioneered smart contracts, enabling decentralized software (DApps) and complex transactions. Ripple, however, facilitates fast, cheap international transfers. New projects studying cutting-edge use cases and solving important concerns are altering the cryptocurrency ecosystem.

Getting Around the Crypto Landscape

Despite cryptocurrency’s huge potential, issues remain. Price volatility prohibits investors and companies from properly implementing the digital revolution. Governments and financial organizations are striving to create exact cryptocurrency regulations to protect consumers and encourage innovation.

The Future of Cryptocurrencies

As cryptocurrency adoption grows, so does the future of banking. Businesses are accepting bitcoin payments to meet demand, while central banks are exploring central bank digital currencies (CBDCs). Decentralized finance (DeFi), which eliminates financial middlemen, gives citizens more financial autonomy.

Cryptocurrencies have changed money and the global economy.

Blockchain technology and a wide range of cryptocurrencies enable this decentralized financial system to democratize banking, improve financial inclusion, and disrupt many industries. As we explore this fascinating new frontier, we must stay informed, utilize caution, and take advantage of cryptocurrency opportunities.

15 March, 2023

How Crypto Payments are Changing the Dynamics of The Towing Business

by Iveta Pařízková

in Cryptocurrency

Towing business like Santa Clara towing has long been a staple of the automotive industry. When vehicles break down or get into accidents, tow trucks come to the rescue, providing a much-needed service for drivers in distress. However, the traditional payment methods in the towing business have been plagued with issues such as delayed payments, chargebacks, and high transaction fees. That is where crypto payments come in. In this article, we will explore how crypto payments are changing the dynamics of the towing business.

The Use of Cryptocurrencies in the Towing Business

Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin have been gaining widespread adoption over the past few years. These digital assets provide a fast, secure, and cost-effective means of payment. By utilizing blockchain technology, crypto payments eliminate the need for intermediaries such as banks or payment processors, making transactions faster and more efficient.

Advantages of using cryptocurrencies

One of the key advantages of crypto payments in the towing business is the elimination of chargebacks. Chargebacks occur when a customer disputes a charge with their bank or credit card company, leading to a refund of the payment. Chargebacks can be a headache for tow truck companies, as they can lead to delayed payments and loss of revenue. With crypto payments, chargebacks are virtually impossible due to the immutable nature of blockchain technology.
Another advantage of crypto payments is the lower transaction fees compared to traditional payment methods. Traditional payment processors charge transaction fees ranging from 2% to 5%, which can add up quickly for businesses that process a large volume of transactions. With crypto payments, the transaction fees are significantly lower, typically ranging from 0.5% to 1%.
Crypto payments also provide a faster means of payment. Traditional payment methods such as credit cards can take several days to process, leading to delayed payments for tow truck companies. With crypto payments, transactions are processed in a matter of minutes, allowing for faster and more efficient payment processing.

The adoption of crypto payments in the towing business is still in its early stages, but the potential benefits are clear. By adopting crypto payments, tow truck companies can reduce transaction fees, eliminate chargebacks, and provide a faster means of payment. This can lead to improved cash flow, increased revenue, and a better customer experience.

Conclusion: The Use of Blockchain Technology in the Towing Business

In conclusion, crypto payments are changing the dynamics of the towing business. By utilizing blockchain technology, crypto payments provide a fast, secure, and cost-effective means of payment, eliminating the need for intermediaries such as banks or payment processors. With the potential benefits of reduced transaction fees, elimination of chargebacks, and faster payment processing, tow truck companies can improve their cash flow, increase revenue, and provide a better customer experience.

23 September, 2022

Crypto In Towing Business: What You Need To Know

by Iveta Pařízková

in Cryptocurrency

Businesses today are accepting cryptocurrency as a mode of payment. Cryptocurrencies are essential since they hold the perspective to transform how you transact with the digital world.

Why are towing companies dealing with Bitcoin?

There are several motivations as to why San Jose Towing companies might get involved with Bitcoin.

Customers want to pay for your products or services in bitcoin.
Businesses have suppliers or remote workers in other countries where traditional bank transfers are expensive and cumbersome.
Companies have high cash reserves and are looking for a way to avoid negative interest on the bank account.
Companies with high cash reserves are looking for ways to diversify and hedge against a potential spike in inflation.

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What are the advantages of bitcoin for towing businesses?

Bitcoin offers businesses the following benefits.

No Payment Fees

Credit card transactions cost 2-4%, Bitcoin 0.-1%. This can have an enormous positive effect on cash flow, especially in business areas with thin margins.

Instant Bitcoin transfers

One of the most frustrating aspects of the traditional banking system is the long payment times. This applies in particular to payments to and from abroad, where transactions are often cleared by several correspondent banks. This process is time consuming and expensive.

Worldwide acceptance thanks to the Bitcoin network

Companies are increasingly operating globally. Bitcoin is recognized and accepted worldwide.

Pioneering role and new customer segments

The Bitcoin community is a tight-knit community. If you announce that you will accept Bitcoin as a payment method, it will definitely get noticed.
You are addressing new customer segments with the offer: Technology-savvy millennials, but also for the numerous and fast-growing start-ups, your towing products and services can become more attractive with the acceptance of Bitcoin as a means of payment.
Existing customers and partners perceive them as innovative.

No more charge-backs and credit card disputes

When a customer disputes a credit card charge, it often entails a month-long gauntlet of uncertain outcomes to prove to the payment processor that the charge was legitimate. Smaller companies, especially in the software sector, often do without it, leaving money behind. If you are paid in Bitcoin, they are irrevocably yours as soon as they are booked.

25 October, 2021

We May Soon Find Out Who Invented Bitcoin Due To A Multi-Billion Dollar Case.

by Iveta Pařízková

in Cryptocurrency

Journalists, crypto fans, and online detectives have been trying to expose the person behind the name Satoshi Nakamoto for about a decade. But the creator of Bitcoin, in possession of almost a million bitcoins – worth almost ten billion dollars – has managed to keep his identity a secret for years. That may not be long now: A massive lawsuit against the man who publicly claims to be Satoshi Nakamoto may unravel the mystery.

Australian cryptographer Craig Wright revealed in 2016 that he was the creator of the world’s most valuable cryptocurrency, but this claim has been questioned by many. Legal experts say this case, brought by the relatives of one of Wright’s business associates, will finally reveal the truth about Nakamoto. Little has been heard of him since Wright announced that he would do nothing more to prove that he was actually Satoshi Nakamoto. Now he is being sued by the heirs of Dave Kleiman, who was a computer scientist and cybersecurity expert. Many people believe that not Wright, but Kleiman was the real creator of Bitcoin.

What is the case about?

The claim is that Wright stole 1,100,111 bitcoins from Kleiman, which together are worth $10,236,532,855. In addition, the heirs claim that Wright “illegally and knowingly” passed on their trade secrets about blockchain technologies “in a malicious manner.” Monday night, a tweeter asked Craig Wright what he thought of the case. He responded to the tweet with one word: “greed.” Prosecutors are joined by Boies Schiller Flexner LLP, who also represented Al Gore in the case, which called into question the results of the 2000 presidential election. According to Bitcoin security specialists WizSec, Wright’s claims, nor those of Kleiman’s heirs, are correct. The company writes in a blog post that neither of them is the rightful owner of the bitcoins. “The bitcoins they are talking about are just a fantasy: they don’t exist at all,” the blog post wrote. “The lawsuit is a trivial argument over unrelated money that does not belong to either party.”

Who was Dave Kleiman?

Kleiman was a helicopter technician but became paralyzed after a motorcycle accident, leaving him to spend the rest of his life in a wheelchair. By the way, if you have a motorbike accident or are totally unaware of what to do if you have a motorcycle accident, you can visit this link https://lacenturylaw.com/motorcycle-accidents/. He met Wright at an online cryptographer’s forum in 2003. According to prosecutors, the two collaborated on the white paper on how Bitcoin and blockchain should work, publishing it under the pseudonym Satoshi Nakamoto in 2008. Wright and Kleiman also set up a Florida company, W&K Info Defense Research LLC, in 2011, focusing on cybersecurity. The complainants are not sure whether one (or both) actually developed Bitcoin. The indictment continues, “for unclear reasons, they chose not to even tell their friends and family about what they were dealing with Bitcoin. But there is no denying that they were involved in Bitcoin from the start and that they both owned a huge number of Bitcoins between 2009 and 2013.” Ten months after Dave Kleiman’s death, his 94-year-old father, Louis Kleiman, receives an email from Wright, writing, “Your son Dave and I are two of the three most important people behind Bitcoin.”

Dave Kleiman passed away in April 2013, just before Bitcoin became a big hit, after a long battle with an antibiotic-resistant infection (the hospital bacteria MRSA). When he died, no one in his family knew about his part in Bitcoin’s development. They also did not know that he owned a huge amount of bitcoins. According to the indictment, Wright took advantage of the fact that none of Kleiman’s relatives knew about the situation. He drafted several contracts that ensured that the crypto legacy was transferred to Wright and his companies.

Gruesome scene

Kleiman’s death remains a mystery for the time being. “Dave was found dead in his home. It was a horrific scene,” the indictment said. “His body was decaying, there were blood and feces stains on his wheelchair, and there were open bottles of alcohol and a loaded pistol next to him. In his mattress, a gunshot hole was discovered.” Wright and Kleiman started a Bitcoin mining operation that earned them over a million Bitcoins. They kept these in Seychelles, in the United Kingdom, and Singapore. Much speculation continued even after Wright’s claim to be Nakamoto. When Wright subsequently refused to provide further evidence, the discussion turned out to be heated in the media and the Bitcoin community. The list of most likely Nakamotos includes Gavin Andresen, Hal Finney, Nick Szabo, and the infamous Dorian Nakamoto.

7 May, 2024

Exploring the Impact of Cryptocurrency on Social Media Engagement

by Iveta Pařízková

in Cryptocurrency

The rise of cryptocurrencies has reshaped the landscape of social media platforms like Facebook. This digital revolution has not only transformed the way we perceive and exchange value but has also significantly influenced users’ engagement behaviors on these platforms. For those seeking real Facebook likes, Let’s explore how cryptocurrencies are influencing social media engagement and the evolving dynamics of likes and other interactions.

Cryptocurrency Integration on Social Media Platforms

Cryptocurrencies, with their decentralized nature and underlying blockchain technology, offer unique opportunities for integrating rewards and incentives into social media platforms. Facebook, being one of the pioneers in the social media realm, has been exploring various ways to incorporate cryptocurrencies and blockchain technology into its ecosystem.

Facebook’s Crypto Endeavors

Facebook embarked on ambitious cryptocurrency projects like Libra (now Diem), aiming to revolutionize digital payments and enhance financial inclusion. Despite facing regulatory hurdles and undergoing rebranding, these initiatives underscore Facebook’s keen interest in crypto. Additionally, the platform has delved into exploring blockchain technology for applications such as digital identity verification and secure data storage, potentially enhancing user engagement.

Evolution of Social Media Engagement

The traditional metrics of social media engagement, such as likes, shares, and comments, have been undergoing a transformation in the era of cryptocurrencies. While these metrics still hold value in indicating user interactions, the introduction of crypto-based rewards has added another layer to the engagement dynamics.

Crypto-Based Rewards for Engagement

Cryptocurrencies enable platforms like Facebook to incentivize user interactions through rewards such as tokens or coins for liking, sharing, or commenting on content. These incentives foster a sense of community and active participation among users, contributing to increased engagement and content creation.

Implications for Users and Businesses

The integration of cryptocurrencies into social media platforms like Facebook carries significant implications for both users and businesses operating within these ecosystems.

User Perspectives

Users can now earn cryptocurrencies through their engagement activities on social media, providing them with additional financial incentives beyond the traditional rewards of likes and comments. However, the adoption of cryptocurrencies also raises concerns about user privacy and data security, necessitating robust measures to safeguard user information.

Business Opportunities

For businesses, the integration of crypto-based rewards presents new monetization channels and opportunities to incentivize desired user behaviors. By leveraging these incentives, businesses can drive higher levels of engagement and interaction with branded content, thereby amplifying brand visibility and reach on social media platforms.

Conclusion

As cryptocurrencies continue to gain traction, their integration into social media platforms like Facebook is poised to redefine user engagement dynamics. From incentivized interactions to new monetization opportunities for businesses, the impact of crypto on social media engagement is profound and far-reaching. By embracing these changes and leveraging crypto rewards effectively, both users and businesses can unlock new possibilities in the digital realm.

21 April, 2024

Mobile Banking and Cryptocurrency is the Future

by Jacques Marcheterre

in Cryptocurrency, Financing

There have been two significant innovations in finance that are heavily used nowadays and these are mobile banking and cryptocurrency. Mobile banking allows users to conduct financial transactions on their smartphones, offering convenience and accessibility like never before. If you allot time to find the best neobank, it will give you a much better understanding of how the concept of mobile banking works.

Conversely, cryptocurrency introduces a decentralized digital currency system, challenging traditional banking norms.

Convenience at Your Fingertips with Mobile Banking

Mobile banking has revolutionized the way individuals manage their finances, eliminating the need for long queues at the bank or adherence to banking hours. Now, tasks such as checking account balances, transferring funds, or paying bills can be accomplished whenever you feel like it. All it needs is your smartphone and internet connection.

Furthermore, mobile banking apps are equipped with advanced security features like biometric authentication and encryption, safeguarding sensitive financial information.

The Rise of Cryptocurrency in Mobile Banking

Cryptocurrency, led by the pioneering Bitcoin, has gained significant traction recently. Based on blockchain technology, its decentralized nature offers such as:

Lower transaction fees
Faster cross-border transactions
Increased financial privacy

Mobile banking platforms recognize cryptocurrency integration’s potential, allowing users to buy, sell, and manage digital assets directly from their mobile devices.

This convergence of traditional banking services with the cryptocurrency market opens up many opportunities for users to diversify their portfolio and also, to explore other alternatives.

Security Concerns and Regulatory Frameworks

While mobile banking and cryptocurrency offer numerous benefits, security concerns remain paramount. As users entrust their financial data to digital platforms, the risk of cyber threats, including hacking and identity theft, cannot be ignored.

Both industries continually evolve to enhance security measures, leveraging biometrics, encryption, and multi-factor authentication technologies. Additionally, regulatory bodies worldwide are grappling with the complexities of overseeing cryptocurrency transactions to safeguard consumers and eliminate illicit activities such as money laundering and fraud.

Promoting Financial Literacy

As the worlds of mobile banking and cryptocurrency continue to merge, the need for financial literacy becomes even more critical. Many individuals are yet to fully grasp the nuances of digital finance, which may cause them to hesitate in adopting these innovations.

Therefore, educational initiatives that aim to demystify concepts like blockchain technology, cryptocurrency trading, and mobile banking security are crucial. By promoting a deeper understanding of these technologies, we can empower individuals to make informed financial decisions, unlocking the full potential of these tools for financial independence and prosperity.

30 December, 2023

Crypto-Backed Lawsuit Funding: A Financial Revolution Unveiled

by Iveta Pařízková

in Cryptocurrency, Financing

Cryptocurrency and lawsuit funding, once distant financial realms, are now converging to reshape the landscape of legal support. In this exploration, we delve into the promising synergy between crypto and lawsuit funding like the California lawsuit funding, unraveling the transformative potential and practical considerations associated with this novel approach.

Bridging Finance and Legal Pursuits

Imagine a world where legal battles aren’t just fought in courtrooms but also in the digital arenas of decentralized finance. This emerging paradigm, known as crypto-backed lawsuit funding, is gaining momentum, offering a revolutionary alternative to traditional financial support in legal matters.

The Basics: Understanding Crypto-Backed Lawsuit Funding

Decoding Crypto-Backed Funding: At its core, crypto-backed lawsuit funding involves leveraging cryptocurrency assets to provide financial assistance to individuals embroiled in legal disputes. This innovative approach taps into the liquidity and flexibility inherent in digital currencies.
Benefits Unveiled: The marriage of cryptocurrency and lawsuit funding brings forth a multitude of benefits. Speedy transactions, reduced bureaucratic hurdles, and increased accessibility make crypto-backed funding an appealing option for those navigating the complexities of legal proceedings.
Global Reach: Cryptocurrency transcends geographical boundaries, allowing for a seamless transfer of funds across borders. This global reach is a game-changer, especially for individuals involved in international legal matters, where traditional funding avenues may fall short.

The Advantages of Crypto-Backed Funding

Speedy Disbursements: Traditional funding methods often entail prolonged approval processes. In contrast, crypto-backed funding can expedite disbursements, providing litigants with swift access to the financial resources needed for their legal battles.
Reduced Intermediaries: Cryptocurrency transactions operate on decentralized networks, minimizing the need for intermediaries such as banks. This reduction in middlemen not only streamlines the funding process but also lowers associated costs.
Security and Transparency: Blockchain, the technology underpinning cryptocurrencies, ensures a high level of security and transparency. Every transaction is recorded on an immutable ledger, fostering trust among all parties involved in the funding process.

Considerations in Adopting Crypto-Backed Solutions

While the prospect of crypto-backed lawsuit funding is promising, it is essential to navigate this evolving landscape with a discerning eye. Here are key considerations for those contemplating this novel financial avenue:

Volatility Awareness: Cryptocurrency markets are known for their volatility. Participants in crypto-backed funding must be cognizant of the potential fluctuations in the value of digital assets, affecting the overall funding available.
Regulatory Compliance: The legal framework surrounding cryptocurrency varies across jurisdictions. Parties involved in crypto-backed lawsuit funding must adhere to relevant regulations to ensure compliance and mitigate legal risks.
Education and Awareness: As this financial frontier continues to expand, educating all stakeholders becomes paramount. Clear communication and widespread awareness are essential to demystify crypto-backed funding and foster informed decision-making.

Case Studies: Realizing the Potential

Examining real-world instances where crypto-backed lawsuit funding has made a tangible impact offers insights into its potential transformative power:

Landmark Settlements: Notable legal cases have witnessed the use of cryptocurrency to facilitate settlements. The ability to execute large transactions swiftly and securely has contributed to landmark resolutions in a variety of legal disputes.
Access to Justice: Crypto-backed funding has democratized access to justice by providing financial resources to individuals who might otherwise struggle to fund their legal battles. This inclusivity aligns with the foundational principles of many legal systems.

The Future Landscape: Navigating Challenges and Seizing Opportunities

As crypto-backed lawsuit funding continues to evolve, its future trajectory holds both challenges and opportunities. Understanding and addressing concerns related to regulatory frameworks, market volatility, and participant education will be pivotal in ensuring the sustained growth and legitimacy of this financial revolution.

In conclusion, the intersection of cryptocurrency and lawsuit funding represents a paradigm shift in the way legal support is conceptualized and delivered. The benefits of speed, accessibility, and security are compelling, but a cautious approach is warranted to navigate the complexities of this evolving landscape successfully.

23 December, 2023

NFT Purchases with Credit Cards: Exploring the Financial Landscape of Digital Collectibles

by Jaroslava Kaňková

in Cryptocurrency

The booming trend of Non-Fungible Tokens (NFTs) has not only revolutionized the art world but has also opened new avenues for collectors and investors. As this digital asset class gains popularity, an intriguing aspect has emerged—the use of credit cards like Milestone (to get one, go to the Milestone account registration page) for NFT purchases. Let’s delve into this growing trend and explore the financial implications of acquiring digital collectibles through credit card transactions.

The fusion of credit cards and NFTs provides a seamless entry point for enthusiasts looking to participate in the digital art market. Credit cards offer a familiar and convenient payment method, allowing users to swiftly acquire NFTs without the need for complex cryptocurrency transactions. This accessibility has democratized NFT ownership, welcoming a broader audience into the world of digital collectibles.

However, the financial landscape of purchasing NFTs with credit cards comes with considerations. One primary factor is the potential impact on credit scores. NFTs can range from modest to significant prices, and frequent or high-value transactions may influence credit utilization ratios. Users must be mindful of their credit limits and the impact on their overall creditworthiness.

Transaction fees are another aspect to evaluate. Credit card companies typically charge fees for currency conversions, and NFTs are often priced in cryptocurrency. These fees can accumulate, affecting the total cost of the NFT purchase. It’s essential for buyers to be aware of these additional costs and factor them into their budget.

ALSO READ: Revolutionizing Crypto Trading: The AI-Powered Evolution of Bitcoin Platforms

Moreover, the volatile nature of cryptocurrency markets introduces an element of risk. Credit card transactions are based on fiat currency, and the value of the NFT in cryptocurrency may fluctuate between the purchase and payment settlement. Buyers should stay informed about market trends and potential price variations to make well-informed decisions.

Security considerations are paramount in the digital realm. While credit cards offer certain fraud protections, the irreversible nature of many cryptocurrency transactions can pose challenges in the event of unauthorized purchases or disputes. Buyers should choose platforms with robust security measures and consider using dedicated credit cards for NFT transactions to isolate potential risks.

In conclusion, the intersection of credit cards and NFT purchases signifies a pivotal moment in the evolution of digital collectibles. The accessibility and ease of credit card transactions bring NFTs to a broader audience, but users must navigate potential financial implications. As the trend continues to gain momentum, understanding the nuances of this intersection is crucial for collectors and investors venturing into the captivating world of NFTs.

20 November, 2023

Revolutionizing Crypto Trading: The AI-Powered Evolution of Bitcoin Platforms

by Jaroslava Kaňková

in Cryptocurrency

In the dynamic realm of cryptocurrency, the intersection of artificial intelligence (AI) and Bitcoin trading has ushered in a new era of efficiency and innovation. As financial landscapes evolve, the integration of AI in Bitcoin platforms has become a revolutionary force, transforming the way traders engage with the market.

The Rise of AI in Crypto Trading

AI has emerged as a game-changer in the crypto space, particularly in the context of Bitcoin trading platforms. These platforms leverage advanced algorithms and machine learning to analyze vast amounts of market data, identify patterns, and execute trades with unprecedented speed and accuracy. Unlike traditional trading methods, AI-powered systems can process information at a scale and speed that human traders simply cannot match.

Enhanced Decision-Making and Risk Management

One of the key benefits of AI in Bitcoin trading is its ability to enhance decision-making. AI algorithms analyze historical data and real-time market conditions, providing traders with valuable insights to make informed decisions. Moreover, AI-driven risk management tools can identify potential risks and adjust trading strategies accordingly, contributing to a more secure and controlled trading environment.

Automation for Efficiency

The automation capabilities of AI have significantly increased the efficiency of Bitcoin trading. Tasks that traditionally required considerable time and effort, such as market analysis and portfolio management, can now be automated. Traders can set predefined parameters, allowing AI systems to execute trades, monitor market trends, and adjust strategies in real-time, even in their absence.

ALSO READ: The Benefits of Accepting Cryptocurrency for Aruba Vacation Rental Owners

Adapting to Market Trends

Cryptocurrency markets are highly volatile and subject to rapid changes. AI excels in adapting to these shifts by continuously learning from market data. As it processes new information, AI algorithms can adapt trading strategies to align with current market trends, providing traders with a proactive approach to navigate the ever-changing crypto landscape.

The Future of Crypto Trading

The integration of AI in Bitcoin platforms represents not only a technological leap but also a glimpse into the future of trading. As AI technologies continue to evolve, we can anticipate even more sophisticated algorithms, improved predictive capabilities, and a further reduction of human intervention in day-to-day trading activities.

Conclusion

The marriage of AI and Bitcoin trading is revolutionizing the crypto landscape. Traders embracing these technological advancements stand to benefit from enhanced decision-making, improved efficiency, and the ability to navigate the complexities of the ever-evolving cryptocurrency markets. The journey towards a more intelligent and automated trading future is well underway, and the impact of AI on Bitcoin platforms is set to redefine the way we perceive and engage with digital assets.

18 September, 2023

Leveraging Instagram for Crypto Success: Business and Finance Strategies

by Iveta Pařízková

in Cryptocurrency, Investments

Cryptocurrency has taken the world by storm, with both seasoned investors and newcomers looking to ride the digital wave. In this fast-paced and ever-evolving landscape, businesses and finance enthusiasts are turning to Instagram as a valuable tool to stay informed and make informed crypto investments. In this article, we’ll explore how you can harness the power of Instagram and why having a quality following is essential for success in the crypto world.

The Power of Quality Followers

Before we dive into the strategies, it’s essential to recognize why having a substantial and high-quality following on Instagram is vital for success in the crypto space. Instagram follower count checker tools can indeed help you measure your follower count, but it’s not just about numbers. It’s about the quality of those followers and their engagement.

Imagine having an Instagram follower count checker at your disposal to assess the authenticity and engagement of your audience. This tool can help you filter out bots and inactive accounts, leaving you with a dedicated community genuinely interested in your content and insights. Here’s why it’s crucial:

1. Credibility and Trust

In the crypto world, trust is paramount. Having a substantial following of real, engaged users lends credibility to your profile. When you share your views, analysis, or investment strategies, people are more likely to trust and follow your lead if they see that others are doing the same.

2. Information and Insights

Quality followers on Instagram aren’t just numbers; they are potential sources of valuable information. In the crypto space, staying well-informed is essential to make sound investment decisions. A genuine following can provide you with insights, news, and opinions that you might have otherwise missed.

3. Networking Opportunities

Instagram isn’t just a platform for posting pictures; it’s a vast network of professionals and enthusiasts. Building relationships with quality followers can open doors to collaborations, partnerships, and discussions that can significantly enhance your crypto journey.

Now that we’ve established the importance of quality followers let’s delve into some practical tips for using Instagram effectively in the world of cryptocurrencies.

Practical Tips for Instagram Success in Crypto

1. Curate Engaging Content

Your Instagram feed should be a reflection of your expertise in the crypto world. Share well-researched articles, analysis, and updates. Use visually appealing charts and infographics to simplify complex concepts. Engaging content will keep your followers interested and coming back for more.

2. Connect with Influencers

Identify influential figures in the crypto space and engage with their content. Comment thoughtfully on their posts, ask questions, and participate in discussions. This can help you gain exposure and connect with a broader audience.

3. Use Hashtags Strategically

The strategic use of hashtags on Instagram goes a long way. Use relevant crypto-related hashtags to increase the discoverability of your posts. Research trending hashtags and incorporate them into your content strategy to reach a wider audience.

4. Engage with Your Audience

Don’t just broadcast your views; actively engage with your followers. Respond to comments, answer questions, and encourage discussions. Building a sense of community around your profile will foster loyalty and trust.

5. Leverage Instagram Stories

Instagram Stories are a fantastic way to provide real-time updates and insights. Use this feature to share breaking news, quick analyses, or personal experiences related to crypto. Stories have a sense of immediacy that can captivate your audience.

6. Educate and Inform

One of the best ways to gain quality followers is to provide value. Educate your audience about crypto fundamentals, trading strategies, and the latest trends. The more informed your followers are, the more likely they are to trust your advice.

Conclusion

Instagram can be a valuable ally in your crypto journey, but it’s essential to focus on building a quality following. Your credibility, access to information, and networking opportunities all hinge on the authenticity of your audience. By following these practical tips, you can navigate the crypto world successfully through Instagram and establish yourself as a trusted voice in this exciting space.

15 March, 2023

The Benefits of Accepting Cryptocurrency for Aruba Vacation Rental Owners

by Jaroslava Kaňková

in Cryptocurrency

Aruba has long been a popular vacation destination for travelers from around the world. With its stunning beaches, warm weather, and vibrant culture, it’s no wonder why so many people flock to this Caribbean paradise each year. And with the rise of cryptocurrency, owners of vacation rentals in Aruba have a new opportunity to attract even more visitors and boost their bottom line.

Accepting cryptocurrency as payment for vacation rentals offers several benefits for owners. Here are just a few of the ways that cryptocurrency can be advantageous for vacation rental owners in Aruba.

Faster and Cheaper Transactions

One of the main advantages of accepting cryptocurrency payments is that they can be processed faster and more affordably than traditional payment methods. With traditional payment methods, such as credit cards or bank transfers, it can take several days for transactions to clear and fees can add up quickly. Cryptocurrency payments, on the other hand, can be processed almost instantly and typically involve lower fees. This means that vacation rental owners can receive payments more quickly and without as much overhead cost.

Attract New Customers

Accepting cryptocurrency can also help vacation rental owners attract new customers. Cryptocurrency enthusiasts are always looking for new ways to use their digital assets, and by accepting cryptocurrency payments, vacation rental owners can tap into this market. Additionally, many cryptocurrency users value privacy and security and may prefer to use cryptocurrency for transactions rather than traditional payment methods.

ALSO READ: What Does Crypto Insurance Offer?

International Transactions Made Easy

Aruba is a popular destination for travelers from all over the world, and accepting cryptocurrency can make it easier to process international transactions. Cryptocurrency is a decentralized currency that can be used across borders without the need for conversion, making it an ideal payment method for international transactions. Vacation rental owners can accept cryptocurrency payments from customers around the world without worrying about currency conversion or international transaction fees.

Avoid Chargebacks

Chargebacks can be a major headache for vacation rental owners, as they can result in lost revenue and increased administrative work. By accepting cryptocurrency payments, vacation rental owners can avoid the risk of chargebacks altogether. Once a cryptocurrency transaction is completed, it cannot be reversed, which means that vacation rental owners can enjoy greater financial security and peace of mind.

Conclusion

In conclusion, accepting cryptocurrency payments for vacation rentals in Aruba offers several benefits for owners. From faster and cheaper transactions to attracting new customers and avoiding chargebacks, cryptocurrency can help vacation rental owners streamline their payment processes and increase their bottom line. As cryptocurrency continues to gain popularity, vacation rental owners who embrace this new payment method stand to benefit in a big way.

4 March, 2023

Exploring the Future of Finance through Crypto, Mobile Trading, and Advanced Trading Software

by Iveta Pařízková

in Cryptocurrency, Financing, Investments

The financial landscape is rapidly evolving, driven by the dynamic forces of technology and innovation. In this ever-changing environment, the convergence of crypto, mobile trading, and cutting-edge trading tools from platforms like Broker Breakdown is reshaping the way we perceive and engage with finance. Join us on a journey into the future as we delve into the pivotal role played by brokers, the transformative power of mobile trading apps, and the barriers being shattered in the world of finance.

What are Mobile Trading Apps?

A Mobile trading app like the Exness app is a trading software that empowers individuals to engage with financial markets efficiently and intelligently. It encompasses a suite of tools and applications designed to analyze market data, execute trades, and manage portfolios. With advanced features such as algorithmic trading and data-driven insights, trading software enhances decision-making, enabling users to navigate the complexities of the financial landscape with precision and agility.

The Rise of Crypto in Finance

Cryptocurrencies have emerged as a disruptive force, challenging traditional notions of currency and investment. Bitcoin, Ethereum, and a myriad of altcoins have gained widespread recognition, offering a decentralized alternative to conventional financial systems. The decentralized nature of crypto eliminates the need for intermediaries, fostering a peer-to-peer system that transcends borders and operates 24/7.

Decentralization Unleashed: Unlike traditional currencies, cryptocurrencies operate on decentralized networks, empowering users with unprecedented control over their assets.
Global Accessibility: Cryptocurrencies facilitate borderless transactions, enabling individuals to engage in financial activities without the constraints of geographical boundaries.

Mobile Trading: Finance at Your Fingertips

In the era of smartphones, mobile trading has become a game-changer, democratizing access to financial markets. With the tap of a screen, individuals can execute trades, monitor portfolios, and stay informed about market trends in real time. This accessibility has opened up financial markets to a broader audience, fostering inclusivity and diversity in the world of trading.

Anytime, Anywhere: Mobile trading liberates individuals from the confines of traditional trading desks, allowing them to engage with financial markets at any time and from anywhere.
User-Friendly Interfaces: Intuitive mobile trading apps cater to users of all experience levels, making finance more approachable and comprehensible.

Brokers as Facilitators of Seamless Transactions

Brokers play a crucial role in the financial ecosystem, acting as intermediaries between traders and the market. In the realm of crypto and mobile trading, brokers serve as facilitators, streamlining transactions and providing essential support to traders. The relationship between traders and brokers is evolving, with an increasing emphasis on transparency and customer-centric services.

Transparency and Trust: Modern brokers prioritize transparency, earning the trust of traders by providing clear information and fair practices.
Educational Support: Brokers contribute to financial literacy by offering educational resources and support, empowering traders to make informed decisions.

The Power of Trading Software

At the heart of the financial revolution is the advent of sophisticated trading software. These tools go beyond conventional trading platforms, incorporating advanced algorithms, analytics, and automation. The result is an enhanced trading experience that empowers users with data-driven insights and the ability to execute strategies with precision.

Algorithmic Trading: Trading software leverages algorithms to analyze market trends and execute trades at optimal times, maximizing efficiency and minimizing risks.
Data-Driven Decision-Making: Advanced analytics within trading software provides users with comprehensive data, enabling informed decision-making and strategy formulation.

Shattering Barriers in the Financial Landscape

As we navigate the future of finance, it becomes evident that barriers are being shattered, paving the way for a more inclusive and dynamic ecosystem. The combination of crypto, mobile trading, and advanced trading tools is dismantling traditional obstacles and fostering a financial environment that is adaptable, transparent, and accessible to all.

Inclusivity: The integration of mobile trading and user-friendly interfaces ensures that finance is no longer confined to a select few. Individuals from diverse backgrounds can now participate in the financial markets.
Accessibility: Crypto’s borderless nature and the ubiquity of mobile devices democratize access to financial markets, eliminating geographical barriers and time constraints.
Adaptability: The dynamic nature of trading software allows users to adapt to market changes swiftly, staying ahead in an ever-evolving financial landscape.

Looking Ahead: Navigating the Future of Finance

As we stand at the intersection of crypto, mobile trading, and advanced trading tools, the future of finance appears promising and full of possibilities. The collaborative efforts of brokers, traders, and innovative technologies are reshaping the financial narrative, bringing forth a landscape that is more responsive, inclusive, and technologically advanced.

In conclusion, the synergy between crypto, mobile trading, and trading software is not just breaking barriers—it is redefining the way we engage with and perceive finance. The journey into the future is marked by decentralization, accessibility, and the transformative power of technology. Embrace the evolution, stay informed, and be part of the financial revolution.

13 February, 2023

Cryptocurrency: The Future of Money? The Rise of Digital Currency

by Jacques Marcheterre

in Cryptocurrency, Investments

The rise of digital currencies, also known as cryptocurrency, has disrupted the financial world and raised questions about the future of traditional currencies. In this article, we will explore the basics of cryptocurrency, its potential benefits, and the risks associated with investing in it.

What is Cryptocurrency?

Cryptocurrency is a form of digital or virtual currency that uses cryptographic techniques to secure transactions and operates independently of central banking systems. Bitcoin was the first and most well-known cryptocurrency created in 2009 and since then, numerous other digital currencies have emerged.

Cryptocurrency, as a digital currency, has several uses beyond just being a medium of exchange. One such use is as an investment, where individuals can buy cryptocurrency with the intention of holding it for a longer period and potentially selling it at a higher price. The decentralized nature of cryptocurrency and its limited supply make it appealing to some as a store of value, similar to gold or other precious metals.

Benefits of Cryptocurrency

Another benefit of cryptocurrency is its ability to operate outside of government control and inflation. Since there is no central authority controlling the supply of many cryptocurrencies, they can act as a hedge against currency devaluation caused by government monetary policies or inflation.

Overall, the benefits of cryptocurrency make it an attractive investment opportunity for those looking to diversify their portfolios and take advantage of its potential for growth. However, it is important to understand the risks involved, such as high volatility and market unpredictability, before making any investment decisions.

Risks of Cryptocurrency

While there are many potential benefits to investing in cryptocurrency, there are also significant risks to consider. The value of cryptocurrencies is highly volatile and can fluctuate rapidly, making it a risky investment.

In addition, the lack of regulation and security measures in the cryptocurrency market makes it a target for fraud and hacking.

Cryptocurrency has the potential to revolutionize the financial world, but it is important to approach it with caution and understanding of the risks involved. As with any investment, it is crucial to thoroughly research and understand the market before investing in cryptocurrency.

Investors looking to dive into the world of cryptocurrency can do so with confidence by using resources to gain a comprehensive understanding of the market and make informed investment decisions. By doing so, individuals can make informed decisions and potentially reap the benefits of this innovative technology.

7 February, 2023

Investing in Cryptocurrencies: Pros and Cons

by Vlasta Růžičková

in Cryptocurrency

Access to Bitcoin, Ether, and others is becoming easier. It is easier even for people who are only slightly familiar with the underlying technology.

Pros of investing in cryptocurrencies

Potential of blockchain technology

Cryptocurrencies are a new asset class with potential, especially when it comes to using this technology in other areas. If you look at the past, you can see what price opportunities there are.

In fact, blockchain technology is not only suitable for payments and as a means of storing value. The technology behind digital currencies manages and processes data. Many usage scenarios that are already in use today can be derived from this simple definition. With Blockchain Knowledge Base, even people who are not tech-savvy can invest in crypto.

Natural scarcity of bitcoin and other cryptocurrencies

Is Bitcoin as digital gold? This comparison is often made when it comes to cryptocurrencies in times of crisis. The oldest of all cryptocurrencies is also compared to the precious metal because of its limited availability. Similar to precious metals, which are not endlessly available on the earth, bitcoin is also finite.

Growth market for long-term investors

Investors see the on-chain signals as very positive towards cryptocurrencies in the long term. For example, the number of wallets and the amount of crypto assets held on them is constantly increasing. Cryptocurrencies represent a large growth market for them, from which investors with a long investment horizon, in particular, can benefit.

Cons of investing in cryptocurrencies

Inexperience investors in the market

The cryptocurrency market is new and disruptive. However, it is also still very young and far from mass adaptation. Experience with the asset class is still sparse. And those who want to invest should ignore the fact that many coins have long since been discontinued.

Many investors ignored the dangers of a purchase. Nobody can really assess the risks, especially not small investors. Even the basics of the technology behind the currencies are difficult to understand. One principle applies to investing. You should only buy investment products that you understand. Only then does an investor know where his money is.

Since there are no real values behind digital currencies, they can disappear from the market at any time or be replaced by other currencies. In such a case, the money invested would be wasted. Investors should keep that in mind.

Bitcoin is not a safe haven

At least in the short term, Bitcoin is not a suitable store of value. Cryptocurrencies do not offer any protection in market phases characterized by uncertainty. They act as a high-risk asset class and are usually abandoned quickly when uncertainties arise. The ‘safe haven’ narrative is and will remain a myth.

5 February, 2023

Financing a Car: Understanding Your Options and Finding the Best Deal

by Iveta Pařízková

in Financing, Investments

What is Car Financing and What Options are Available?

Car financing is an important option for many people when it comes to purchasing a vehicle. It allows individuals to purchase a car without having to pay the full cost upfront. There are several different types of car financing available, each with its own advantages and disadvantages. Read more about how to finance a car with National loans.

Car Loans – Types of Car Financing

Vehicle loans are the most common type of car financing. A vehicle loan is a form of borrowing money from a lender to purchase a vehicle that must be paid back with interest over time through monthly payments, or in some cases, an up-front lump sum. Vehicle loans can come in many different varieties including fixed rate and variable rate loans.

The fixed-rate vehicle loan is usually for a specific term such as five years or 10 years and requires the customer to make only one monthly payment per year at the beginning of each 12 months. This allows individuals with a fixed-rate loan to pay a lower interest rate than if they were on a variable-rate loan. The borrower also has more time to repay the car loan in case they lose their job or have an economic downturn.
A variable-rate vehicle loan is characterized as having a higher interest rate, but it allows the borrower to make monthly payments with any variation in terms of amount and due dates; this makes it easier for people without a steady income and those who might want to buy or sell their vehicles during the term of a fixed-rate car loan.

What are the best features of a car loan? The main benefits of a car loan include the ability to make payments on time, have flexible terms and rates, and avoid selling or trading in your vehicle if you don’t need to. The best loan terms are competitive (meaning you can get a low interest rate) and have flexible terms, such as “no-closing costs.” On the other hand, a poor loan term might have high interest rates or closing costs that inflate your monthly payments. Closing costs include fees for credit reports, title work, registration fees, and any other service that is related to your vehicle purchase.

How to Calculate Your Budget & Determine the Type of Loan That You Need

When it comes to calculating your budget and determining the type of loan that you need, there are many factors to consider. By using a budget calculator or car finance calculator, you can get an estimate of how much you can afford for a car loan. Additionally, an auto loan calculator or car payment estimator can help you determine the best loan option for your specific situation. With this information in hand, you can make informed decisions about your finances and find the right loan for your needs.

Investors understand how their budget works that’s why they diversify their investments. Their portfolio includes investments in real estate and different types of assets like cryptocurrencies. Life insurance is also another investment that can’t go wrong. These investments can help build your credit score and qualify you for an easy car financing program.

28 November, 2022

What Does Crypto Insurance Offer?

by Jaroslava Kaňková

in Cryptocurrency

Since Bitcoin’s creation, there have been 60 exchange hacks that have stolen more than $75 billion worth of crypto. How can one protect oneself from such a loss? What opportunities does the market currently offer?

Fortunately, corporate insurance has been around for a long time. Much like how accident insurance works (where you might want to get the cheapest SR22 Bond you can find), if your exchange loses money due to a hack, it (and hopefully you) will be compensated. However, the situation is different for private individuals. Since cryptocurrencies are not legal tender or traditional assets, they are not secured in the same way as cryptocurrencies.

Crypto Shield recently launched insurance that compensates crypto owners for a loss of assets on popular crypto exchanges such as Binance, Coinbase, and Gemini. An important caveat applies: Only qualified crypto product providers are insured. So if you want to insure your Ledger or Trezor wallet, you can’t do that withCryptoShield. However, there are already providers who specialize in cold wallets. More on that later.

Crypto insurance for retail investors

Crypto According to the developers, Shield is said to be the first insurance product on the market designed specifically for retail wallets. “It’s designed specifically for those who are involved with crypto but don’t have institutional accounts,” said Alex Maffeo, CEO, and founder of Boost Insurance.

The insurance covers 20 different cryptocurrencies, including Bitcoin, Ethereum, Ripple, Solana, and Dogecoin, as well as stablecoins such as Tether or the USD Coin. A value of up to one million US dollars can be insured. According to Boost Insurance, larger sums fall into the category of “institutional investor”.

Maffeo went on to explain, “We’re really trying to appeal to retail investors, from those who are just starting out with crypto to individuals who own up to $1 million.”

The insurer offers a dashboard that you can use to update and manage your insurance account. The insurance also covers an increase in value of up to 50%. In addition, insurance also applies to new investments. You can invest up to 150% of the current value of your coins. However, you cannot pay the insurance premium in crypto.

Exchange hacks are relatively rare. Nevertheless, there were 6 officially reported hacks last year alone, in which crypto worth almost 4 billion US dollars were lost. That’s why insurance could be worthwhile. But what about insurance for hardware wallets or offline wallets (“cold wallets”) if you don’t want to keep your coins on an exchange?

ALSO READ: Adding Cryptocurrency as Payment Option in Your Online Store

Cold wallet insurance is in the works

Evertas, a Chicago-based insurance platform, received approval this month to call itself a “coverholder” at Lloyds of London, one of the world’s leading insurance providers.

Coverholders are specialized, Lloyd’s approved insurance providers that offer policies for niche areas. Evertas is the first cover holder of its kind to specialize in cryptocurrency insurance, namely digital wallets. The insurance of cold wallets is also on the company’s agenda. However, it will still be some time before the company launches insurance for these.

According to Evertas, of all crypto assets that have a total market value of around $2 trillion, only 0.25% are insured. So the crypto insurance market is pretty big. As adaptation progresses, the crypto insurance market will continue to grow and new crypto insurance providers will appear on the market. Whether cold wallet or exchange insurance: The possibilities and potential of the crypto insurance market are far from exhausted and the market is ripe for new products.

13 October, 2022

Cryptocurrency Is Changing The Real Estate Market

by Iveta Pařízková

in Cryptocurrency

Blockchain technology and cryptocurrencies have the potential to become key technologies in the real estate market. Blockchains enable faster and more secure transaction processes and more accurate in selling a house.

Blockchain technology and cryptocurrencies are having a growing influence on various industries and in everyday lives.

“Tokenization” of real estate

A blockchain is a type of decentralized booking system in which every user who is part of this blockchain system can view the whole database with all information excerpts or chains from it. The data stored in a blockchain and instantly encrypted is available to every network participant and must match the data copies of other participants. Consequent manipulation of data, balance sheets, and ratings is almost impossible. In addition, data recovery is easy since you can retrieve the entire transaction history from any network node.

Crypto technology allows sellers to “tokenize” individual parts of the property or to sell a house as a whole. Therefore, numerous people can obtain digital shares in real estate. Each of these people becomes a co-owner of the property by possessing the tokens. The seller could make liquidity from his property as needed.

The buyers can resell the tokens successfully at any time, for instance after a rise the prices of in real estate. This way, the blockchain lowers also the obstacles for real estate investments by a wider audience. This is precisely what many blockchain platforms and trade apps in the real estate business are based on. Also, financing in real estate is becoming more easily accessible and transparent for small investors.

More accurate property valuations and forecasts

In contrast, decentralized blockchain technology permits current market information and comprehensive availability of large amounts of data. Immense amounts of information like demand trends, location-related rental and purchase prices, and comparative data are already available into the process for online property valuation.

More and more companies are opening up to digital currencies as a means of payment. In addition to buying with cryptocurrencies, blockchain technology also allows interested parties and real estate companies to have more transparency and security.

Brokers will be able to survive on the market in the future. Soon, technological financial knowledge will also play a significant role in the brokerage profession.

6 October, 2022

Money Tool: How To Properly Protect Your Crypto

by Iveta Pařízková

in Cryptocurrency

The success of cryptocurrencies such as Bitcoin and others also attracts scammers. However, there are some tips on how you can protect your cryptocurrencies. With an intensive tool, you can manage your finances and track your investments.

Money Patrol: Tips on how to keep crypto assets safe

Manage your cryptocurrency yourself

There is an iron rule in the crypto industry. It reads: “Not your Keys, Not Your Coins”. This means that cryptocurrencies are usually stored in a digital purse. To do this, you create an account with such a wallet and then receive the so-called private keys.

Use a hardware wallet

One of the best and most effective protections for cryptocurrencies like Bitcoin or Ethereum is to use a hardware wallet. This is a small device that stores the aforementioned private keys in a way that makes it almost impossible for hackers to access them. This is exactly the advantage over conventional software wallets. Whenever you use them to send Bitcoin or Ethereum, for example, there is a possible attack vector where hackers can get to the coins.

Keep the key and seed safe

The following applies to both software and hardware wallets. In addition to the keys, they generate a so-called “seed phrase”. This is a string of 12 or 24 words that “restores” the wallet. Strictly speaking, cryptocurrencies are never “in” a wallet, but always on the blockchain. The wallet whether hardware or software only allows access to these coins. If, for example, the hardware wallet is lost or damaged, the cryptocurrencies remain unaffected. The configuration of the device and thus access to the coins can be restored with the seed phrase.

Use bookmarks for crypto websites

Again and again, scammers create clones of well-known crypto websites that are almost indistinguishable from the originals. The URL often looks same. At times, the cybercriminals even manage to attain a high Google ranking or the offenders promote their “services” using an ad.

It can happen when a user is searching for a precise crypto exchange and the result is a fake plagiarism. There he then unintentionally enters his login data for the Exchange and falls into the trap. However, this can easily be prevented by checking the Internet address carefully in advance and then creating a bookmark for the respective page. You can do this for all crypto offerings.

26 September, 2022

4 Benefits of Bitcoin Loans

by Pavlína Pátková

in Cryptocurrency

Bitcoin is a highly sought-after form of investment today. Learn about the benefits of Bitcoin loans.

Bitcoin is increasingly becoming a popular means for businesses and business people to raise capital. Thanks to the numerous crypto lending platforms available today, accessing Bitcoin loans has never been easier. Just like how Net 30 vendors like NAMYNOT capitalize on credit lending, Bitcoin loans are an excellent way for investors to earn interest on their holdings without selling them. They also allow borrowers to quickly access the increasingly scarce asset. So what are the benefits of Bitcoin loans? Should You Take Out a Bitcoin Loan?

The following article discusses the main benefits of Bitcoin loans for borrowers and investors.

Easy accessibility

Taking out a traditional loan usually involves a variety of procedures and paperwork. Sometimes people go through all the procedures and still don’t get the financial support they need, mainly because of the institutional bureaucracy. Traditional systems have always marginalized the financially underprivileged, making access to credit quite frustrating.

Access to Bitcoin loans is a straightforward process that doesn’t require paperwork. On crypto lending platforms, you don’t have to fill out as many forms and submit tons of documents to get a Bitcoin loan. In addition, you do not have to prove that you are working and do not have to provide the service provider with bank statements.

Crypto borrowers also don’t have to open bank accounts to get Bitcoin loans. No third parties are involved in the transactions as in the traditional systems. In addition, there are several Bitcoin lending platforms that greatly facilitate access to Bitcoin loans for businesses and individuals worldwide.

Rapid loan approval

With traditional systems, it would take several days, weeks, or even months for your loan application to be approved. This is mainly due to the numerous parties involved and the extensive procedures that loan applicants have to go through. Bitcoin loans are usually approved within 24 hours, which is more convenient for borrowers. This facilitates the free flow of capital for those who desperately need it.

ALSO READ: How Cryptocurrency and Forex Trading Differ?

Relatively low fees

Bitcoin transactions have a reputation for charging lower fees than traditional means of payment such as bank transfers. This also applies to loans. Most crypto lending platforms have fixed interest rates that protect borrowers from price fluctuations. Conventional loans usually put borrowers in a difficult financial position as interest rates are constantly rising. Sometimes they end up paying higher fees than expected.

Bitcoin is accepted worldwide as a means of payment and investment object. This means that borrowers do not have to convert the borrowed funds into local currencies to carry out transactions, which saves them the fees for currency conversion. Crypto lending platforms like bitcoin usually offer tables of interest rates that you should always check before applying for a bitcoin loan.

Flexible loan terms

In traditional systems, financial institutions always have absolute power to set the conditions for lending. And these give borrowers very little or no say in their financial affairs. Bitcoin loans are the exact opposite because they give borrowers the freedom to determine the terms of lending.

The borrower decides, for example, on the currency in which he wants to repay the loan and on the repayment period. Some lenders do not even require borrowers to service the loan monthly as with traditional systems. Overall, Bitcoin loans give borrowers the desired autonomy over their long-term repayment plan.

Bitcoin loans are ideal for large crypto holdings and owners who need to borrow money without selling their assets. It allows investors to maximize the value of their virtual assets with less risk. Unlike traditional loans, Bitcoin loans are easily accessible, inexpensive, and offer flexible terms. However, you should find a reputable and reliable Bitcoin lending platform with reasonable interest rates to lend or invest in your cryptocurrency.

17 September, 2022

Understanding the Cryptocurrency Market with the Right Method

by Iveta Pařízková

in Cryptocurrency, Investments

There are many ways to invest your money, but only very few have a reasonably reasonable return. Investors want to build up a fortune with their hard-earned money or create a second financial source of income. While many startups are still finding the way to success, there are already many who have found the necessary knowledge and support to become successful. With sufficient knowledge and support, any start-up can find the right method to make cryptocurrency trading an alternative to classic forms of investment.

Cryptocurrencies and trading coins

For many consumers, cryptocurrencies are still a mystery because there is a veritable flood of information about the tradable coins, the right time to buy and sell, and common strategies. Access to this information has not always arisen from the motivation of successful trading: publicizing coins or increasing the reach of trading platforms are also represented interests. A certain understanding of the market is necessary to see through such advertising measures.

Since the first bitcoin was mined in 2009, the digital currency has had a performance that many did not expect, which brought it a record value of almost 69,000 US dollars in autumn 2021. Companies that focus on cryptocurrencies want to help to get a better understanding of the market before diving into bitcoin trading. “There is a veritable flood of information on the subject of cryptocurrencies on the Internet. It is important to explain to private investors which information is really important and which is not. Of course, this requires empirical values that we pass on to our customers.” It’s all about understanding and knowing exactly what the next steps are in crypto trading. Customers should be able to do without classic day trading, constant observation, and without “FOMO”.

Understanding the Cryptocurrency Market: 3 steps to success

With three simple steps, the basic pillars of success, so to speak, users no longer have to worry about the effects of high inflation. Business people, from beginners to crypto trading veterans, are guided to comprehensive specialist knowledge in the coaching that builds on one another.

The first step in crypto trading before the actual investment is to find the coins that have the greatest potential. You have to create a template that enables you to make a well-founded and rational decision. Ultimately, it’s about proceeding systematically, not based on gut feeling.
An important aspect when trading cryptocurrencies is of course the time of purchase or sale. In thematic training courses, you receive the necessary tools in the form of technical chart analyses. Without being overwhelmed by tools or indicators, you can achieve regular income, regardless of the current situation in the crypto market.
The third important step you have to take in order to earn additional dividends on profits already generated is the use of farming or lending (so-called yield farming) or staking (the creation of new blocks in the blockchain). With their help, you ensure that your own capital does not just work once, but rather continuously. In this way, inflation becomes less of fright and one can look to the future with peace of mind.

These three steps form the common thread through the advice and ensure that the customer can benefit from the cryptocurrency market through planning and in-depth knowledge. So that the cooperation can actually be fruitful, every application submitted is analyzed by the team and, with the help of a short telephone call, it is determined whether cooperation can be beneficial for the interested party.

1 September, 2022

How Cryptocurrency and Forex Trading Differ?

by Pavlína Pátková

in Cryptocurrency

The theme of the past few months: cryptocurrencies. These digital coins such as Bitcoin, Ethereum, and Ripple are based on blockchain technology. Due to the rapid price rise, cryptocurrencies have attracted many new investors to active trading. And many who learn forex trading have started trading cryptocurrencies in addition to traditional currencies.

Anyone who studies the market on a daily basis will soon see that the two products, forex, and cryptocurrencies, behave very differently. That means that as an active trader, you also have to make other decisions. In this article, we will discuss the differences between ‘normal’ currency trading and cryptocurrency trading.

Background

All normal currencies are issued by the central bank of a country (or group of countries). Goods and services produced by that country are paid for in the local currency. If that country’s economy does well, the demand for the currency increases, and it increases in value relative to other currencies. The central bank can influence this by changing interest rates and by putting more or less money into circulation. The market responds to this with supply and demand. As a forex trader, you try to predict this and earn from it.

Cryptocurrencies do not belong to any particular country. Coins such as Bitcoin, Ethereum, and Ripple only exist on the blockchain. The blockchain is maintained decentrally and crosses national borders. You can pay with cryptocurrencies at any store or service provider that accepts them, but no one can be forced to take payment in crypto. As a result, the value (in the long term) depends on how many retailers and service providers accept a cryptocurrency.

With cryptocurrencies, there is also no central bank that determines the interest rate or the money supply. Inflation or deflation are ingrained in the cryptocurrency’s code. This differs per coin. For example, the number of bitcoins in circulation is increasing less and less quickly, until it ultimately remains the same at 21 million BTC. The number of ethers in circulation is growing faster than the number of bitcoins, which means that ETH has more inflation. Ripple has a fixed number of XRP that can never increase. Because the supply of a cryptocurrency is fixed in the computer code, the value mainly depends on the demand.

Trading based on the news

If we look around us, we have to conclude that we can hardly pay with cryptocurrencies anywhere. Two years ago, there were still small retailers and cafes that accepted payments in BTC, but the transaction costs have become too high for small payments at the end of last year. This may change with the recently introduced lightning network. Ethereum is used for all programs that run on the Ethereum blockchain, but those programs are hardly used yet. With other cryptocurrencies, you can’t do anything at all.

As a result, the demand for cryptocurrencies is almost entirely speculative. Traders buy cryptos based on the expectation that they will be used in the future. That expectation is not unjustified, because the blockchain is a promising technology. But no one knows for sure which crypto coin has the future.

What we see as a result is that the market reacts extremely to the news. For example, if a large company such as IBM or Microsoft announces that it is partnering with a cryptocurrency, the price can skyrocket 10-30% within a few days. And if a financial regulator of, for example, China says to regulate the trade in cryptos more strictly, the price can fall just as much in a short time. Often such a reaction is exaggerated, and the price corrects itself within a few days. As a trader, you can benefit from this.

ALSO READ: 3 Ways Payroll and HR Use Blockchain

Volatility

This creates a lot of volatility. A currency pair such as the EUR/USD will not quickly go up or down 10% in one day. That’s because everyone has a rough idea of how well the European and American economies are doing. That doesn’t suddenly change by 10%. But because cryptocurrency prices are purely based on future expectations, they can easily fluctuate by 10% per day or more.

A consequence of this is that you have to trade with a smaller leverage factor. For traditional currency pairs, you use leverage to increase your profits. With leverage of 50x, a price increase of 25 pips (approx. 0.25%) turns into a profit of about 12.5%. But if you trade cryptocurrencies with 10x leverage, then a drop of 10% can mean that you have lost your investment, even if the price goes up again afterward. A leverage factor of more than 2-5 is not recommended.

If you want to actively trade in cryptocurrencies, then it is recommended to first develop a feeling for the market. Even if you already have experience with forex. This is possible with a demo account. This works just like a real trading account, except you don’t have to take any risk.

Technical analysis

Because the prices of cryptocurrencies are mainly based on speculative expectations, technical analysis is more important. After all, there is no real crypto-economy with a clearly identifiable value. The value of cryptocurrencies depends on market sentiment. And technical analysis is just right for predicting market sentiment. In addition, you should take into account that not all technical indicators are suitable for cryptocurrency.

Cryptocurrencies are a new phenomenon. The first cryptocurrency, Bitcoin, is less than ten years old. Most cryptos are less than two years old. Moreover, many cryptocurrencies were worth little for a long time and only rose sharply in 2017. As a result, some technical analysis tools do not work well with cryptocurrencies.

Take, for example, support and resistance levels. For many currency pairs, the rates at which support or resistance is experienced can be determined historically. By going back in the chart, we find price levels that the price does not easily break through. Because cryptocurrencies do not have a long history, it is difficult to find support and resistance based on the historical price chart.

Or another important indicator: moving averages. An indicator such as the 200-week SMA (simple moving average) does not exist for many digital coins (because they are less than 200 weeks old). In the shorter term, we can calculate SMAs and EMAs (exponential moving average). But those averages give a distorted picture if the price has risen enormously in a short time.

The most useful indicators for cryptos are pivot points, Fibonacci levels, and Elliot waves. For example, bitcoin’s price chart often shows a rise in five waves and a fall in three waves. Course corrections are often 38%, 50%, or 62% of the peak. And if the price starts to rise again, the new top is often 62% higher than the previous peak. These levels help you to determine your price target and your stop-loss for your crypto trades.

Conclusion

Cryptocurrencies are still very young. They are not linked to a country’s economy, and there is no central bank that determines supply. Since there are still few real applications for cryptocurrency, most demand is speculative. This means that technical analysis is more important than usual. But not all technical indicators apply to crypto.

Cryptocurrencies are extremely volatile. The market often overreacts to news, allowing you to trade on the expected correction. That makes cryptocurrency particularly attractive to active investors, but there are also risks involved. Protect yourself by not trading with too much leverage. And remember: blockchain technology will experience a lot of growth in the coming years.

1 September, 2022

3 Ways Crypto can Help You Get Life Insurance

by Jacques Marcheterre

in Cryptocurrency

Anyone who has been through the process of getting life insurance knows it can be a grueling experience. Even with all the information that’s available online, it can be hard to filter through all the noise and find what you need.

If you have friends or family members who have struggled to purchase life insurance because of pre-existing medical conditions or other factors, you might think that buying it will be even harder for you. Cryptoassets are a great way to prove your net worth when applying for life insurance.

If you want to apply for life insurance and want to use crypto, here are three ways that crypto can help you get affordable life insurance:

Crypto can Prove Your Net Worth

One of the first hurdles you’ll need to overcome when applying for life insurance is proving your net worth.

While you may have everything mapped out in a spreadsheet, some life insurance agents may not understand how to interpret the data. When it comes to cryptoassets, a single coin can be worth thousands of dollars. In fact, one Bitcoin has reached over $60,000 on its peak. That can be a lot for a life insurance agent to wrap their head around.

Create a Collateral-Based Insurance Plan

If you’re applying for term life insurance, many cryptoassets can be used as collateral. This means that you can use them as collateral against a life insurance policy.

If you have a large amount of cryptoassets that you can utilize as collateral, you may be able to get a life insurance policy with a lower premium.

For example, let’s say you need $500,000 in life insurance. If you can prove that you have $1 million in cryptoassets, you may be able to get a $500,000 life insurance policy.

Utilize Forks to Create a Coincidence of Events

In addition to using cryptoassets as collateral, you can also use forks to decrease the amount of life insurance you need. When a cryptocurrency forks or splits, it creates two separate coins. This can happen for a variety of reasons, including a software upgrade or a change in the network consensus algorithm.

If you own a certain amount of coins before a fork, you will own both coins after the fork. Most people choose to sell one of the coins after a fork, but you can actually use this to your advantage when buying life insurance.

19 August, 2022

Cabinets And Crypto Investing Tricks And Tips

by Iveta Pařízková

in Cryptocurrency

If you intend to invest in business and Bitcoin, you probably have many questions about this cryptocurrency. The goal is not to lose your hard-earned money when investing in digital currency and RTA cabinets business.

Helpful tricks and tips when investing in cryptocurrency and cabinets business

Use the right crypto exchange

Crypto exchanges are some of the best places to get bitcoin. These are platforms that allow us to buy bitcoin with fiat money. You can also sell bitcoin on a crypto exchange. Currently, the internet is flooded with cryptocurrency exchanges. Each platform claims to offer the best prices and services.

So, before you start investing in Bitcoin, you should do your due diligence. Choose a cryptocurrency exchange with a solid reputation for providing quality services and the best prices. Also, choose a platform that gives you the information and tools you need to get the most out of your investment.

Follow reputable bitcoin news sources

A lot is said and written about Bitcoin. Of course there are also opposing views about this cryptocurrency. You should therefore use and analyze all sources of information. Bitcoin is a fad for some people. Others think investors who choose Bitcoin will end up disappointed.

However, many are optimistic about Bitcoin. They believe that investing in this cryptocurrency will bring lucrative returns in the future. Therefore, take the time to absorb and analyze information from all sources. Follow your instincts, but don’t let emotions control your investment decisions.

Be prepared for bitcoin price fluctuations

Like other digital currencies, the Bitcoin price is volatile. This is because cryptocurrencies are not yet standard stable currencies. However, the increasing acceptance and usage of Bitcoin in different parts of the world is slowly stabilizing the price of this cryptocurrency. Still, it would help if you prepare for the volatility of this digital currency.

Acquire different investment strategies

There are many strategies to invest in Bitcoin. These strategies mainly represent different ways to invest in this cryptocurrency.

Take the time to study these bitcoin investment strategies to understand how they work. Then choose an investment strategy that will help you achieve your investment goals.

Be vigilant

No one can overemphasize the importance of vigilance. To own or trade large amounts of bitcoin, you should be careful to protect your investment from vulnerabilities and risks. Therefore, learn to handle your investment responsibly.

Investing in Bitcoin takes time to understand how the crypto market works. Also, be careful and vigilant so you don’t lose your investment in crypto and your business. With an effective strategy, you can reap good returns on your investment.

16 August, 2022

Fully Understanding the Value Of Local SEO

by Zuzana Konečná

in SEO

Many business owners now fully understand the importance of incorporating Search Engine Optimization (SEO) in their ecommerce websites. However, the importance of local SEO is yet to be given full emphasis about its value especially to small businesses and that its implementation is different from national SEO campaigns.

Phoenix SEO company for example, provides the whole range of services but will make sure to apply a well-balanced approach in carrying out SEO strategies; especially in the marketing, content creation, link building and business citation processes. The goal is to attain ranking as the website with the most relevant solution to consumers that you and your closest competitors are looking to win over.

Yet such factors are easy to mention when explaining about Local SEO and why each element is valuable for the ecommerce websites of small businessess.

Understanding Why Local SEO Services are Essential to Small Businesses

While make think of your business is one that needs little introduction in your community, you have to consider the fact that there are other entrepreneurs in your location engaged in the same line of professional work or offering the same kind of technical skills or products. What consumers want is to locate the providers near them who can extend the best deal with the best results.

1, One way that SEO commits to marketing your business is to make your website visible to local customers once start canvassing and getting quotes about the solutions being offered in addressing their respective problems. Although Google may have already indexed your website as a potential provider or source of information, you can reinforce the visibility of your business to Google by getting listed in Google Places. This Local SEO Marketing strategy has greater impact in mobile searches for location-specific queries.

2. Business citations such as the feedback that customers willingly give to show appreciation for a job well done at a fair price. Business citations are crucial to your ranking with Google especially those that appear in other websites or published in social media platforms not as promotional items but as recommendations to those looking for solutions to specific problems.

3. Link building is a method of acquiring business citation but must be executed in a manner that demondtrates ties to your business as a relevant topic being discussed by another website. This approach may include guest blogging actions but one that will project the host website as an authority, let’s say, in accepting cryptocurrency as payments and not as a promoter of the guest blogger’s business.

4. Sharing of Creative Media and Infographics is now an important tool especially where local Millennials and Gen Zers are concerned. As the new breed of consumers, they prefer to get quick but complete information without having to read through an entire article or watch a lengthy video discourse.

5. When choosing a company to help improve your SEO, the best ones are those who know what local consumers use as keywords and keyphrases when searching for suppliers or service providers.

8 August, 2022

Investments: Crypto, Stocks, or Bonds

by Iveta Pařízková

in Investments

Should you invest in Crypto Currencies, Stocks, or Bonds? With the recent cryptocurrency craze, many people are wondering if they should buy and sell these digital currencies or invest in stocks. While stocks offer more stability and less volatility, cryptocurrencies offer an opportunity to make a lot of money fast.

Read more about crypto investments here – Bitcoin Crypto: What Investors Should Consider

In this post, let’s look at a more stable and less volatile investment – Stocks and Bonds. Not only newbies to the stock market are concerned with the question of the ratio of shares and bonds in the personal portfolio, but of course also the professionals. However, this matter can only be answered individually.

A mix of bonds and shares minimizes the risk
The low-interest phase makes bonds unattractive
Investors with an affinity for risk can invest 100 percent in shares

Stocks, but also bonds (especially those listed on top bonds 2022), offer investors the opportunity to invest directly in a single company or issuer. However, there are very different opportunities and risks for the investor, which must be considered before making an investment.

The basic difference between bonds…

A bond, regardless of whether it is a corporate or government bond, represents a debenture with which the respective issuer collects debt capital from its investors. For this capital, the buyer or the creditor receives a fixed interest rate, which is usually paid out annually. In addition to this annual interest rate, the lender receives the full amount invested at the end of the bond’s term, provided that the respective state or company is not insolvent.

With the help of a bond, an issuer procures debt capital, which, in contrast to the purchase of shares, makes the investor merely a creditor and not just a partial owner.

… and stocks

In contrast, the buyer of a share becomes a co-owner of the respective group. Accordingly, the shareholder owns a fraction of the entire company. In contrast to the placement of a bond, a group issues fresh equity and no borrowed capital by issuing shares.

While the return on a bond comes from the annual interest payments, the return on shares is made up of dividends and price increases. Although price gains can also be achieved with bonds, the repayment of a bond always refers to the original nominal value. In contrast to bonds, shares do not have a fixed term and can therefore remain in the portfolio for life.

The key similarities between bonds and stocks

Despite the fact that investors inject debt into a company by buying a bond and equity by buying a stock, both asset classes have a lot in common. Both bonds and shares can be traded on the stock exchange at any time, which means that their price is always determined by supply and demand. Furthermore, bonds and stocks can be kept together in a securities account. This means that both asset classes can also be acquired and traded together in a mixed fund or ETF.

Another similarity between bonds and stocks is the prospect of regular income. In this way, both asset classes can continuously generate profits, either in the form of dividends or in the form of interest payments.

26 July, 2022

Adding Cryptocurrency as Payment Option in Your Online Store

by Zuzana Konečná

in Cryptocurrency

Cryptocurrency exchange is a revolutionary ecommerce solution of accepting virtual tokens as payments, to ensure the security of online business deals. If you’re into ecommerce as an online retailer, adding cryptocurrency among your payment options is one way to expand your consumer base.

While others look to cryptocurrencies as a form of investment, some companies consider the creation of a proprietary cryptocurrency exchange platform as support for an owned cryptocurrency exchange system. Blockchain developers provide technological services in carrying out projects that tackle developments for cryptocurrency exchange, cryptocurrency wallets and the related mobile apps development. What you need is a tech professional who focuses on providing ecommerce website development services to set up your cryptocurrency business requirements.

Basic Requirements When Looking to Add Cryptocurrency Among Your Payment Options

First off, you need to decide which of the cryptocurrencies to accept as payments. Since Bitcoin is the most popular, your core choice will likely be Bitcoin or BTC. How the website developer integrates the crypto payment option depends on the ecommerce platform hosting your online store: e.g. WooCommerce, Shopify or Magenta, in light of the availability of plug ins or application extensions for crypto payment features such as buttons and customized invoices

Your ecommerce website developer will inform you of the need to have a crypto wallet hosted by a crypto exchange site. This tool will enable you to accept, hold and send different types of digital money like BTCs.

Important Pointers When Choosing a Crypto Payment Processor

You need to open a merchant account with a Payment Processor that also delves into cryptocurrency transactions. However, it’s important to carefully evaluate the services available to you, including the transaction fees imposed as charges per transaction. This should not be an issue because one of the key advantages of dealing with crypto is the avoidance of hefty charges imposed by traditional financial institutions.

An important consideration when choosing a payment processor is that it’s not banned in some countries. Keep in mind that cryptocurrency works under a decentralized financial system, which means they are not regulated by any government. As it is, China has its own cryptocurrency and does not accept BTCs and other types of crypto money in their blockchain systems.

Choose a payment processor who diligently installs updates and encryption backups to beef up the security of your wallet.

Last, but not of the least importance, is the Customer Support team who will notify you immediately of problems, in case acceptance of cryptocurrency will be temporarily halted. After all, you need to provide your customers with explanations if ever the option is not available at the moment.

8 July, 2022

Similarities Investing In Crypto And Real Estate

by Pavlína Pátková

in Cryptocurrency

Investing in crypto is similar to investing in real estate, but with a few significant differences. One of these is that you can’t touch the crypto assets.

Another big difference between cryptocurrencies and real estate investments is that real estate assets are tangible and have intrinsic value.

Cryptocurrency has no intrinsic value, meaning it’s not backed by anything other than the faith of investors who believe it will grow in value over time. With cryptocurrency, you don’t get any voting rights or equity ownership like you would with stocks or shares of a company.
Real estate investments have been around for centuries, while cryptocurrency has been around for less than ten years.

Investing in the crypto market is very similar to real estate investment.
The fundamental difference between crypto and real estate investing is that one can invest in the latter without actually buying property. One can buy stocks or bonds, which make up a part of the real estate market. And both investment has risk, so before investing, particularly in real estate, make sure to check housing market predictions.

Investing in crypto and investing in real estate have similarities and notable differences.
This article will discuss the similarities and differences between the two and highlight some of the risks associated with each.
Cryptocurrency, or digital coins, have become more popular due to their decentralization and encryption technology. Cryptocurrency transactions are often faster, cheaper, and more secure than those denominated in dollars or euros. To receive these benefits, one needs to invest in a cryptocurrency wallet and buy tokens of that specific type so that they can be traded on an exchange.
Real estate investment is a long-term investment where investors hope to gain profit on their investments through property appreciation or rental income.

Investing in real estate and crypto are two similar investments for many reasons. One is that the asset classes are not correlated, meaning there is a low correlation between the two.
There are also similarities regarding liquidity; crypto and real estate can be liquidated quickly and without incurring large fees. Finally, crypto and real estate investing have historically had low correlation rates with other asset classes, making them a solid diversifier in your portfolio.

7 May, 2022

Important Info on How the IRS Imposes Taxes on Cryptocurrency Gains

by Zuzana Konečná

in Uncategorized

If you’re wondering whether you have to pay taxes on crypto transactions, the answer is yes, but only if you profited from trading crypto coins for fiat money. This is because the IRS views crypto money as digital assets that you can buy and sell and not legal tender that you can use to pay for goods and services. Yet in recent developments, Coinbase, the leading digital money exchange platform has made it possible for taxpayers to file returns as well as receive IRS tax refund in cryptocurrency.

Tax filers though have to use the TurboTax, tax preparation software, as it is capable of converting tax returns into bitcoin or ethereum; or any of the more than 100 kinds of digital money available in the cryptocurrency market.

When is a Cryptocurrency Transaction Taxable?

Taxes on crypto assets are due only if there is a taxable transaction like selling. Even if your crypto holdings increase in value due to the volatile price indices of digital currencies, any theoretical gain as owner or holder is not taxable. Such gain is taxable only if realized and converted into real currency like fiat money.

If, on the other hand, loss was incurred in trading your cryptocurrencies for actual money, the IRS allows you to include it in your deductions.

Can You Avoid Reporting Your Crypto Transactions to the IRS

Even if the main advantage of dealing with cryptocurrencies is that you can remain anonymous when buying, selling or using digital money as payment, the IRS requires licensed cryptocurrency exchange entities like Coinbase to file IRS form 1099-K as part of their tax return.

Payment settlement entities like online crypto exchange sites are required to report customers who transacted more than 200 cryptocurrency deals and who have traded more than $20,000 during the taxable year.

On your part as a taxpayer involved in cryptocurrency investing, you have to report your crypto transactions by way of IRS Form 1040. Here, cryptocurrency investors provide details about any type of digital currency transaction made during the year.

How Does the IRS Tax a Cryptocurrency Income?

Taxes on cryptocurrency revenues depend, if the gain was realized from a long term or short term transaction.
A long term gain means a taxpayer owned and held the digital asset for a year or more before selling it. If so, any gain from the cryptocurrency sale is subject to capital gains tax. The applicable rate depends not only on the amount of taxable gain but also on the status of the taxpayer: single, married or head of the family.

If on the other hand a taxpayer sold the digital asset within one year or less than 365 days of owning the crypto money, the profit realized is regarded as a short term gain. The tax applicable will also depend on the status of the taxpayer. The income from selling the crypto will be subject to the applicable rate prescribed in the tax table for income taxes

4 March, 2022

Bitcoin Crypto: What Investors Should Consider

by Iveta Pařízková

in Cryptocurrency

More and more investors want to benefit from a rising Bitcoin price. However, the recent price setback clearly shows that there are some pitfalls.

What investors should consider

Bitcoins should only be a very small part of the portfolio

Bitcoins are becoming increasingly interesting for many small investors, as they seem to lure with particularly high profits. But investment is also above-average risky. The price fluctuates heavily and even experts sometimes disagree on the reasons for the high volatility.

Bitcoins are therefore not suitable as a reliable investment, for example for old-age provision. The cryptocurrency is rather a speculative admixture. If you still want to play, you should think carefully about how much money you want to invest. The rule of thumb is: Only invest so much that you can live with losing all of your money. In the overall portfolio, the investment in the digital currency should only make up a small part, experts recommend five to ten percent.

Get plenty of information beforehand and consider any uncertainties

Investors should learn about how bitcoins work and the risk involved before investing. Because it is not only the fluctuating course that harbors uncertainties. Regulatory efforts by countries and banking supervisors could also influence the future course. Unlike the euro or dollar, bitcoin is not backed by a central bank, no company, no government is behind the cryptocurrency. You may use like this Bitcoin robot to check before investing.

It is also unclear who is responsible for overseeing the crypto exchanges where investors can buy bitcoins. This decentralized structure is what is special about cryptocurrency, but it also harbours risks for investors. When investors invest in a company’s stock, the shares are somewhat backed by the company’s asset value. Bitcoin basically has no real value.

Basically, investors only benefit from price increases when fresh money flows into the system. The Bitcoin itself does not generate any income.

Compare investment opportunities

If investors decide to invest in bitcoin, they can buy a bitcoin or a fragment of it directly on one of the crypto exchanges. If the price then rises, investors benefit immediately. But there are other ways to benefit from a rising Bitcoin price.

Those who want to invest indirectly in Bitcoin can also buy shares in companies that benefit from a rising price of the currency.

28 February, 2022

Ways To Get Free Bitcoin and Cryptocurrency

by Iveta Pařízková

in Cryptocurrency

Bitcoin has weathered the severe storms and is now catching the attention of the global financial industry.

Now there are several ways you can earn even free cryptocurrency aside from simply trading them.

Get Free Bitcoins with Airdrops

Airdrops are the perfect way to get free bitcoins and other free cryptocurrencies quickly and easily. Airdrops are basically free coins collected straight into your wallet.

It’s literally free money being handed to you! A cryptocurrency wallet is a digital wallet that you can use to store, send, and receive various cryptocurrencies.

The purse is not exactly a wallet in the classic sense. They don’t exactly “store “your money like a regular wallet. Instead, it keeps your public and private keys, which in turn helps you send and receive money. While this sounds pretty fantastic, there is actually a method behind all of this.

Airdrops are calculated advertising manoeuvres that actually save companies a lot of money in the long run. There are several companies that offer airdrops. Unfortunately, as the popularity of cryptocurrencies increases every day, the scams surrounding these currencies also increase.

Generate even more free Bitcoins: Recommendations & Rotator websites

Although it all depends on the time you spend touring the different facets, there are some users who earn more than others. Faucet websites will reward you with additional incentives if you submit a recommendation to their website.

For example, they send a link to someone they know well or are interested in. The visitor needs to visit the website through your referral link, log in and start claiming the rewards. This is the main source of traffic and that is why lots of referrals are important for any Bitcoin Faucet website.

On the other hand, you can also get rewards through programs when buying things you need from different companies.

Crypto Casinos: Earn bitcoins with games

It is also possible to get free bitcoins through various gambling games whether with simple games or in a Bitcoin online casino. Bitcoin casinos are like traditional casinos, except they work with bitcoins.

As bitcoin grows in popularity, the need for the cryptocurrency to be accepted as a payment method by both providers has increased recently. Bitcoin transactions are significantly faster and Bitcoin casinos and many others have adopted this method of depositing and withdrawing as transactions are processed in minutes instead of days as they used to.

13 January, 2022

3 Ways Payroll and HR Use Blockchain

by Pavlína Pátková

in Cryptocurrency

Over the previous few years, you’ve probably heard plenty about blockchain, and the way it’s a revolutionary technology that has countless different uses. Indeed, blockchain will create a maximum amount of $3.1trillion in business value by 2030 as its potential as Gartner predicts. But what proportion have you ever heard about blockchain within the context of payroll and HR?

From that perspective, blockchain represents less of a replacement technology and more of a brand new mindset: particularly, how it can transform how payroll and HR data is stored and accessed, and the way it will be leveraged in conjunction with other technologies.

Many early adopters are already using blockchain-inspired approaches in certain areas of HR, and that they are fuelling the initial stages of what’s expected to be exponential growth in blockchain within the world. In this blog, we’ll explore three particular areas where blockchain may be applied to create payroll and HR easier, more efficient, and simpler when pursued globally.

1. Automated payments through smart contracts

A high degree of automation can strip out much of the executive burden and room for human error by introducing smart contracts to existing payroll and HR functions. These smart contracts, which sit within a blockchain, will be deployed to automatically and instantly pay someone for the work they need to be done, once certain parameters are fulfilled.

For example, these will be wont to pay contractors or freelancers who are booked for a collection amount of labor or hours. With no intervention from the payroll team, the smart contract swings into action and processes the requisite payment as soon as that has been fulfilled.

This can deliver huge efficiencies and price reductions to payroll teams, who now not must process individual payments manually. Where employees withdraw accrued earnings through a self-service platform whenever they require it, it’s also a large enabler of on-demand pay and it allows workers within the gig economy to induce obtain their work instantly.

2. Easing the joiner, mover, and leaver processes

Employees expect to own control of their data, including deciding who can access and use it.

Ceding control looks like it’d put employers in a very bind. It actually makes life easier for payroll and HR staff to keep data secure, accurate, up-to-date, and consistent by creating one immutable record of employee data within the blockchain which permitted parties can then access.

One of the areas where this has the best effect is when new hires join a corporation, existing employees move to a brand new role internally, or employees leave the business. As an example, new hires can grant their new employer access to their personal data to hurry up the onboarding and screening processes, with no need for the employer to have data entry or storage to commit time and resources. When an employee leaves a corporation, the information access is just removed, and therefore the employer doesn’t must do anything to update their own records.

ALSO READ: 4 Reasons Why Online Casinos Are Way Better With Blockchain Technology

3. International and alternative payments

Blockchain will be wont to break down many of the barriers which will make global payroll and international payments difficult or time-consuming.

For example, payments that are cross-border, including people who involve currency exchanges, may be made much quicker through blockchain compared to the BACS or wire transfer methods currently in common use. Payments will be verified through the distributed ledger in real-time, excision the middlemen like banks and clearinghouses, and allowing exchange rates to be applied in real-time so payments are always made with the very best accuracy.

Blockchain also releases the chance to explore alternative methods of paying employees. At an initial level, this might include digital wallets for workers, into which they’ll be paid instantly, and potentially then spend this money in much the identical way as they might using Apple Pay or Google Pay.

As another, borderless, and far more flexible payment method, there’s no reason why businesses couldn’t explore cryptocurrencies and take a step further. Of course, a stable coin-freed from major fluctuations would need to be used: the volatility of cryptocurrencies like Bitcoin would generate practical difficulties, and what would be extremely complex is ensuring tax and Social Security payments are still made correctly. But it might deliver flexibility in how employers make payments to a worldwide workforce and provides employees flexibility in how they access and use their earnings.

In summary

Once you are taking a better examine what blockchain must offer from a payroll and HR perspective, it becomes clear that it’s filled with potential to rework the arena. In an increasingly globalized business landscape, any efficiencies in cost, time, or human resources can have a big positive impact, additionally as supporting the higher experiences that employees are searching for. Now could be the time to begin exploring these opportunities and making payroll and HR work better for workers and employers alike.

10 January, 2022

Financing Thru Crypto: Auto Loan Rate Calculator

by Iveta Pařízková

in Cryptocurrency

Nowadays, companies that want to start a new, mostly digital project can hardly find traditional financing. Therefore they have to rely on new financing methods. People who want to finance their cars must learn how to use the Auto Loan Rate Calculator first.

Crowdfunding has now developed into a popular form of financing, including cryptocurrencies, which provide new capital. The company creates its own cryptocurrency and brings it to the market. By issuing the cryptocurrency, investors can then participate in the company and receive services or company shares in return.

Auto Loan Rate Calculator: Building an investor community

The basic idea of crowdfunding plays an important role when it comes to an investment model. That is the reason why the full-service providers take care of developing a solvent investor society. Businesses publish specialist articles in suitable media in order to promote advertising. At the same time, a network will be set up via social media. Moreover, there are ads via ICO listings, crypto networks, and corresponding campaigns in order to inform the crypto community of investment opportunities.

Auto Loan Rate Calculator: Companies having their own cryptocurrency

Financing in a company-related cryptocurrency like bitcoin is an exciting incentive for many stakeholders to finance projects. During the past years, it has become progressively clear that digital currencies are making the jump into the traditional financial sector. They are increasingly assuming the function of storing money.

The larger the investor community is and the more investors invest, the more manageable the risks and costs become. In return, investors receive more than just company shares. They have the opportunity of an additional lucrative form of investment. As a result, this innovative way of raising capital allows companies to implement their projects and developments.

Auto Loan Rate Calculator: High success rates in crypto financing

Crypto evaluation has had a high success percentage in corporate finance ever since its inception. The full-service agency has developed from an insider tip to one of the leading providers of financing models with the blockchain. Crypto comparison carefully selects the company for which the agency services are raised. The business model and the future viability of the concept have to be right in order to convince investors.

30 November, 2021

4 Reasons Why Online Casinos Are Way Better With Blockchain Technology

by Pavlína Pátková

in Cryptocurrency

Blockchain technology could be a hot topic in countless industries and also the media. For those that are unaware of what blockchain is, it’s essentially a ledger system that maintains records of transactions through the utilization of “blocks” that are chained together supported cryptography.

The blockchain is decentralized, meaning it’s unfolded over innumerable nodes, and there’s nobody entity that controls the whole system. For the web gambling industry and business as a full, this, together with other properties of the technology, make blockchain a game-changer. The subsequent are 4 key ways in which blockchain will change the industry for the higher.

1. Improved Transparency

Blockchain technology is simply touted to be one of the foremost influential innovations of the twenty-first century. One of the explanations people believe this can be because of the transparency it offers. Each transaction that happens during a blockchain is immutable—it is forever recorded on the blockchain, and it can never be hidden.

For someone who is gambling on a web casino playing slot games (or 슬롯게임 in Hangul), once they deposit cryptocurrency, that deposit is forever stamped within the blockchain. Similarly, whenever a player earns money and transfers the worth to their chosen cryptocurrency, that transaction also will be within the blockchain permanently. As these benefits are clear to several players and casinos, several bitcoin casinos have already unfolded for play.

Players can make deposits with their crypto and transfer earnings back to their secure digital wallet on these bitcoin casinos—or other cryptocurrency casinos. Neither the player nor the casino can try and benefit from the financial ledger.

2. Heightened Security

The folks that gamble online know that online casinos are safe. However, they also know. Some websites could also be scams, and other sites may use your personal information in ways you don’t accept as true with. Similarly, a web casino might not be built with the best security measures to push back potential hackers. Thus, they might be subject to attacks from hackers looking to steal your personal and financial information.

For both online casino owners and their users, the addition of blockchain technology is good due to these security risks. Blockchain technology has inherent security measures. Every transaction on the blockchain is encrypted. And every transaction that happens on the blockchain must be validated by every node involved. Something online casinos and players want to avoid — this makes it extremely difficult for hackers to choose out transactions and manipulate them!

ALSO READ: Transition To A Cashless Economy, Cryptocurrencies

3. Greater User Anonymity

Most gamblers wish to be anonymous, especially within the case where an internet gambler is from a rustic where the practice is forbidden. While those players have workarounds to gamble online safely, they still should provide some kind of identification information additionally to either a checking account or MasterCard information. That requirement is not any longer when casinos utilize blockchain technology.

Online gamblers won’t have to undergo the method of making an account stuffed with their personal information. They don’t have to provide financial information, a physical address, or other sensitive data. Rather, with a username and their cryptocurrency wallet, and that’s it, online gamblers can create accounts. They’re going to need nothing else to create transfers to and from their wallet, gamble, and earn money.

4. Streamlined Experience

The user collecting that service wants the experience to be as easy as possible, whether online or in-person, with any service. This suggests no jumping through hoops like identification or slow processing of requests. Looking at which online casino you employ, you’ll experience some inconvenience. You’ll bear several verification steps, it should be difficult to urge your rewards sent to you, and your earnings may incur fees.

These inconveniences are non-existent with blockchain technology-based online casinos. As mentioned above, you won’t have to provide personal information, MasterCard details, or bank details to play online. Rather, you connect your cryptocurrency wallet, and you create your transfers to and from the casino therewith.

It’s verified virtually immediately when you make a transaction on the blockchain. This means you’ll have your funds available to be used instantly thereby improving your online casino experience. Similarly, after you want to withdraw your earnings, they may be wiped out in the blink of a watch by transferring on to your wallet.

The Bottom Line

There’s been a gentle increase in attention placed on blockchain and cryptocurrency. This can be the permanent reason, of course. The technology has already shown its ability to remodel industries like becoming the backbone for digital currencies, smart contracts, and more. As there has already been most progress in blockchain’s utility, it’s no surprise that the net gambling industry will be plagued by the technology. Luckily, for both gamblers and online casino owners, these effects are positive as seen by the four major effects above.

25 October, 2021

Bitcoin Serves As A Reserve Trump Card.

by Iveta Pařízková

in Cryptocurrency

Large companies have long been interested in Bitcoin and have already invested heavily in it. In this series – well-known PayPal, Visa, MasterCard, MicroStrategy, Tesla, McRock, even the Norwegian state, and many others.

Bitcoin

A reserve trump card in the deck of economic instruments because everyday financial transactions are carried out on the blockchain platform of several million dollars. Transfers in bitcoin cryptocurrency are just as simple as usual. The amount in bitcoins can easily be transferred to Australia, China, France, or just to a friend who is sitting next to you. There are even automatic exchange machines in which you can exchange cryptocurrency (in the common people – “crypt”) for the currency of a state and vice versa. It all depends on the country where you are.

Experts

Bitcoin will only gain in price Experts are confident that bitcoin will only gain at price and by the end of this year, it will cost at least 2.5 – 3 times more than it is now. Thus, it will not only offset inflation but also preserve your savings. Bitcoin is used as a real currency, with which you can not only pay for coffee and cake but also buy or sell a house for it. Around the world. It is enough to install an application with a jack (wallet) on your mobile phone, which contains your crypt. The difference between bitcoin huge difference between Bitcoin is its decentralization and independence. It is the complete opposite of our traditional financial system. When the European Central Bank introduces the digital euro, banks themselves will no longer be needed. Ordinary people will conduct financial transactions without intermediaries. Banks in this chain will become an extra link. Unless, at first, they will help transfer money from their accounts to digital wallets. The more actively people use these wallets, the fewer banks will serve them.

Digital Currency

Since the release of the digital currency will be handled by the Central Bank of the state, this currency will be central, like many other “coins”. This is the main difference between bitcoin and fiat money. There is no central institution that controls Bitcoin. It is impossible to manipulate him. At the same time, Bitcoin is a kind of basis for all existing cryptocurrencies. Blockchain platform The blockchain platform is constantly evolving. Over time, many additional applications will appear on it. For example, there is already registration of machines, tracking frozen food items for interruption of the refrigeration chain. In Panama, for example, you can buy or sell a house without a notary and official institutions. With blockchain, this is as simple a deal as selling a bicycle: you give me bitcoins, I give you a house. The sale itself is registered on the blockchain, and the buyer receives the so-called certified rights to a particular property. Or a car. Or a motorcycle. By the way, if you’re in a motorbike accident and need a lawyer, follow this link. Bitcoin as an alternative to the dollar and euro, In any case, bitcoin is a good alternative to the dollar or euro. As everything goes to the fact that the currency is depreciating, the ECB prints more and more additional money so that countries do not go bankrupt. There is huge inflation and, as a result, a financial crisis. In this chaos and amid not-so-bright prospects, Bitcoin promises stability and a kind of spare card in a dangerous financial game.

20 October, 2021

Why Cryptocurrencies Do Not Qualify as Sustainable Investments

by Zuzana Konečná

in Cryptocurrency

Cryptocurrencies as offshore financial services, if lacking in political support simply implies absence of endorsement that is vital for sustainable investments. While secrecy is a trait common to both offshore and crypto investments, offshore jurisdictions have to comply with international anti-money laundering and anti-terrorism laws, as well as with global policies in order to attract traditional investors.

The adoption of cryptocurrencies as offshore investment products puts offshore regulators in a position in which they have to continuously update their legal framework. The need to keep pace with changes in technological developments is necessary to ensure that the integrity of their international financial services and products is not undermined by market manipulators

On the other hand, cryptocurrencies in the world of investments, will find it difficult to make their way into the mainstream operations of big corporate organization. This is in light of the global movement to address the effects of climate change. The movement includes obligating big corporations to integrate and adopt sustainable and environment friendly practices, which cryptocurrencies like Bitcoin cannot offer.

Today, the most popular and sought after funds are the so-called ESG funds, which are a type of mutual funds in which the selection of securities focus mainly on corporate organizations highly rated for their ESG initiatives.

How Do ESG Funds Affect the Viability of Crypto Assets as Investment Options?

The ESG acronym stands for Environmental, Social and Governance indicators, by which corporations are rated based on their levels of support for the global movement in the battle against the effects of climate change. ESG mutual funds limit their stock investments on companies committed to reduce greenhouse gas emissions, improve social conditions and adopt policies for sustainable operations

Where part of the goal of ESG is to help achieve the global goal of attaining zero CO2 emissions, companies who accept or buy bitcoins and altcoins, immediately lack qualification for the ESG standards. The blockchain technology with which crypto miners work to solve encryptions is energy intensive. Crypto mining sites have been identified as among the largest users of CO2-emitting fossil fuel.

Sustainability of ESG Assets vs. Digital Assets

While the price of bitcoin surged to reach an all time high of $63K sometime this year, it was due to the participation of traditional investors in the buying activities. However, the value of the digital asset started to dwindle and dropped, down to prices that immediately spelled huge losses for a number of investors.

Many traditional investors learned that in not meeting the ESG rating, their viability in the securities market can be affected. Whales also affected the sustainability of bitcoins, as many bought billions worth of the digital coin to push the price index higher; only to dump their bitcoins later after determining the huge profits they stand to gain from the fluctuating prices of bitcoin.

Market analysis of stock performances revealed that the stocks of highly rated ESG corporations are the most resilient and steadfast under any kind of economic conditions. However, it should be understood that the performances of ESG shares are not based on individual trading but for being the stocks chosen by mutual fund providers. Einvestment Offshore Fund as an example, applies the principles of sustainability when investing the funds entrusted by users of their online investment platform.

Paying Your Loan with Cryptocurrency

Etherium Blockchain - New Investmet Possibilities

What is Cryptocurrency?

Opening Up the Crypto Frontier

The Foundation of Cryptocurrencies

Different Types of Cryptocurrencies

Getting Around the Crypto Landscape

The Future of Cryptocurrencies

The Use of Cryptocurrencies in the Towing Business

Advantages of using cryptocurrencies

Conclusion: The Use of Blockchain Technology in the Towing Business

Why are towing companies dealing with Bitcoin?

What are the advantages of bitcoin for towing businesses?

No Payment Fees

Instant Bitcoin transfers

Worldwide acceptance thanks to the Bitcoin network

Pioneering role and new customer segments

No more charge-backs and credit card disputes

What is the case about?

Who was Dave Kleiman?

Gruesome scene

Cryptocurrency Integration on Social Media Platforms

Facebook’s Crypto Endeavors

Evolution of Social Media Engagement

Crypto-Based Rewards for Engagement

Implications for Users and Businesses

User Perspectives

Business Opportunities

Conclusion

Convenience at Your Fingertips with Mobile Banking

The Rise of Cryptocurrency in Mobile Banking

Security Concerns and Regulatory Frameworks

Promoting Financial Literacy

Bridging Finance and Legal Pursuits

The Basics: Understanding Crypto-Backed Lawsuit Funding

The Advantages of Crypto-Backed Funding

Considerations in Adopting Crypto-Backed Solutions

Case Studies: Realizing the Potential

The Future Landscape: Navigating Challenges and Seizing Opportunities

The Rise of AI in Crypto Trading

Enhanced Decision-Making and Risk Management

Automation for Efficiency

Adapting to Market Trends

The Future of Crypto Trading

Conclusion

The Power of Quality Followers

1. Credibility and Trust

2. Information and Insights

3. Networking Opportunities

Practical Tips for Instagram Success in Crypto

1. Curate Engaging Content

2. Connect with Influencers

3. Use Hashtags Strategically

4. Engage with Your Audience

5. Leverage Instagram Stories

6. Educate and Inform

Conclusion

Faster and Cheaper Transactions

Attract New Customers

International Transactions Made Easy

Avoid Chargebacks

Conclusion

What are Mobile Trading Apps?

The Rise of Crypto in Finance

Mobile Trading: Finance at Your Fingertips

Brokers as Facilitators of Seamless Transactions

The Power of Trading Software

Shattering Barriers in the Financial Landscape

Looking Ahead: Navigating the Future of Finance

What is Cryptocurrency?

Benefits of Cryptocurrency

Risks of Cryptocurrency

Pros of investing in cryptocurrencies

Potential of blockchain technology

Natural scarcity of bitcoin and other cryptocurrencies

Growth market for long-term investors

Cons of investing in cryptocurrencies

Inexperience investors in the market

Bitcoin is not a safe haven

What is Car Financing and What Options are Available?