5 Advantages of Cryptocurrency: Everything You Need to Know

If you are looking for a good alternative to cash and credit cards, you can try cryptocurrency. Today this currency is quite popular all over the world. Many companies now accept cryptocurrency payments just like regular currency. Bitcoin is one of the most popular cryptocurrencies, which is why a large number of people invest money in Bitcoin. Powered by Blockchain, you can transact without any security risks. In this article, we will discuss some of the most notable advantages of cryptocurrency.
Easy transactions

If you often deal with legal representatives and brokers, you know that they charge high fees for each transaction. In addition, you have to pay for many documents, commissions and brokerage services.

On the other hand, if you use cryptocurrency, you can cut out all the middlemen. You will use a secure network to conduct all your transactions. Every transaction is transparent and will not involve high transaction fees.
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Asset Transfers

It is easy to transfer ownership of cryptocurrency from one person to another. Blockchain is behind all ecosystems. Therefore, you can do all your transactions in a safe and secure environment.

The good thing about cryptocurrency is that it allows you to add third-party approval for future payments. If you have this currency, you can easily transfer assets without any problem.

Confidential Transactions

In the case of money or credit, there is a record of every transaction. And these records are also stored at the bank where you have your account. Every time you make a transaction, your bank keeps a record of it. Even if you are a business owner, your bank knows how much money you have in your bank account. This is not good from a privacy perspective.

The beauty of cryptocurrencies is that every transaction is unique. Every deal includes negotiation terms. There is a push concept that provides the basis for information exchange. Nothing will be disclosed to the recipient except as authorized by you. This way you will have complete privacy and identity protection.

Low transaction fee

If you check your bank statement, you’ll be amazed to see that your bank has charged you a transaction fee for every single transaction you’ve made so far. If you do a lot of transactions every day, the total amount of bank charges will be quite high.

On the other hand, transaction fees in case of cryptocurrency are very low. However, if you hire the services of a third party to maintain your crypto wallet, you may have to pay for that service. However, these fees are much lower compared to the fees charged by conventional banks.

Peace of mind

You can use the internet to transfer cryptocurrency with complete peace of mind. In truth, anyone can use this service as long as they have access to the internet. All you need to do is have a basic knowledge of the cryptocurrency network. In short, these are just some of the main benefits of using cryptocurrency.


How does cryptocurrency gain value?

Cryptocurrencies are the latest ‘big thing’ in the digital world and are now recognized as part of the monetary system. In fact, enthusiasts have labeled it the “money revolution”.
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Put plainly, cryptocurrencies are decentralized digital assets that can be exchanged between users without the need for a central authority, most of which are created through special computing techniques called “mining.”

The acceptance of currencies such as the US dollar, the British pound and the euro as legal tender is because they were issued by a central bank; however, digital currencies, like cryptocurrencies, do not rely on the public’s trust and confidence in the issuer. As such, several factors determine its value.
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Factors that determine the value of cryptocurrencies

Principles of a free market economy (mainly supply and demand)
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Supply and demand is a major determinant of the value of anything of value, including cryptocurrencies. This is because if more people are willing to buy a cryptocurrency and others are willing to sell, the price of that particular cryptocurrency will increase and vice versa.
Mass adoption

Mass adoption of any cryptocurrency can shoot its price to the moon. This is because the supply of many cryptocurrencies is limited to a certain limit, and according to economic principles, an increase in demand without a corresponding increase in supply will lead to an increase in the price of that particular commodity.
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Many cryptocurrencies have invested more resources to ensure their mainstream adoption, with some focusing on the applicability of their cryptocurrency to pressing personal life issues as well as crucial everyday cases, with the intention of making them indispensable in everyday life.
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Fiat inflation

If a fiat currency, such as the USD or GBP, becomes inflated, its price rises and its purchasing power falls. This will then cause cryptocurrencies (let’s use Bitcoin as an example) to increase relative to that fiat. The result is that you will be able to acquire more of this fiat with each bitcoin. In fact, this situation is one of the main reasons for the increase in the price of Bitcoin.
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History of fraud and cyber attacks

Scams and hacks are also major factors affecting the value of cryptocurrencies, as they are known to cause unusual fluctuations in valuations. In some cases, the team supporting a cryptocurrency may be the scammers; they will pump up the price of the cryptocurrency to attract unsuspecting individuals and when their hard-earned money is invested, the price is reduced by the scammers who then disappear without a trace.
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That’s why it’s imperative to be wary of cryptocurrency scams before investing your money.

Some other factors to consider that affect the value of cryptocurrencies include:

  • The manner in which cryptocurrency is stored, as well as its utility, security, ease of acquisition and cross-border acceptability
  • The strength of the community supporting the cryptocurrency (this includes funding, innovation and loyalty of its members)
  • Low associated risks of cryptocurrency as perceived by investors and users
  • Journalistic mood
  • Cryptocurrency market liquidity and volatility
  • Government regulations (this includes the ban on cryptocurrency and ICOs in China and its acceptance as legal tender in Japan)

Cryptocurrency – The way forward and the possibilities

Cryptocurrency is getting better every day. It continues to increase your wealth just like your viral social media posts. A contagious financial tool for a good portfolio and catalyst for growth. One interesting fact is that there are more than 5000 cryptocurrencies.
2021 has been a fantastic year, but where do we go from here?

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Let’s zoom in on the situation here. Both Bitcoin and Ethereum touched higher performance bars. Long-term investors rely on it. By the time you read this article, there may be more great cryptocurrency news. I will try to present here the future possibilities of cryptocurrency.
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New regulations are currently in effect. They are under the carpets. Measures have been taken to minimize the risk of cybercriminals. The goal is to make this investment a safe tool for people. For example: China announced in September that all cryptocurrency transactions are illegal. Clear regulations will remove all obstacles to make trade safer.
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How will the new regulations affect investors?

The IRS will find it easier to track tax evasion. Investors can transparently keep a record of transactions. For example: recording any capital gains or losses from crypto-assets will be easier. On the other hand, the price of cryptocurrencies will also be affected by market fluctuations.
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ETF approval – an important factor to consider

The Bitcoin ETF made its debut on the NYSE. This will help investors to buy cryptocurrency from existing investment brokers. Because of the rising demand, the stock and bond markets are coping with it. Let’s observe from the investor’s point of view. Easier access to cryptocurrency assets helps people to buy them without any hassle. If you are planning to invest in a Bitcoin ETF, remember that the risks are the same as with any other cryptocurrency. You have to be willing to take the risk. Otherwise, it is pointless to invest your money.
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What does the future hold?

Bitcoin is the best in the crypto market. It has the highest percentage of market capitalization. In November 2021, its price rose to $68,000. In October, the rate was $60,000, while in July it was $30,000. There are large fluctuations in market rates. Experts suggest keeping cryptocurrency market risk below 5% in the portfolio. Speaking of short-term growth, people are hopeful. Bitcoin price volatility is a factor to consider. If you want to play long, short-term results shouldn’t affect you.

Looking from it at an angle to increase your wealth is not a good decision. Stick to traditional investment instruments with the exception of cryptocurrency. For example: if you want cryptocurrency as a retirement savings tool, it’s time to rethink your decision. Keep your investments small and diversified. It will reduce the risk factor. At the same time, you will have more time to think about cryptocurrency.

It is necessary to spend your money wisely and then invest in cryptocurrency. One has to assess the associated risk factor and make a decision. I hope this article helps you.

Kaspersky Antivirus for PC Information – about this security solution and its flexible subscription plans

Kaspersky antivirus products are always worth using – especially for Windows users. Of course, this is not limited to Windows. There are subscription options that include usage on multiple devices, including Mac, Android, and iOS. Keep in mind that this company has won more awards than almost any other cybersecurity company, so if you want to get excellent protection for your computer, this product is the best choice. There are tons of positive reviews about Kaspersky Antivirus for PC from experts.

It offers protection against all types of viruses, dangerous apps, suspicious websites, phishing attempts, ransomware, and more. Protection is designed to protect your computer without getting in the way. It runs smoothly and quietly in the background and receives automatic updates so you know your antivirus is kept up-to-date at all times.

There are different levels of protection to choose from: Basic, Internet Security and Full Security. The free version of Kaspersky Antivirus for PC provides basic protection, but nothing else. Internet Security includes all the tools you need to prevent malicious attacks and detect malware behavior, as well as privacy tools to help protect all your online transactions and banking information.

There is also an option to upgrade the antivirus program by paying a one-year, two-year or three-year fee to protect 3 – 5 computers. This is a good option if you have a home network or small business that you need to protect. It automatically scans your computer for threats, including the new “crypto mining” infections that can seriously damage your computer’s performance if not handled properly. If your computer gets infected with this, Kaspersky technologies help to save and reset it.

Setting up and managing Kaspersky Antivirus for PC

Another great thing about these products is that they are very easy to set up and manage. There is technical support for every type of user, including home users, small businesses, midsize businesses, and enterprise-level businesses. You’ll be able to manage security from anywhere when you log into your My Kaspersky account.

If you have an older computer, read the system requirements to make sure you’ll be able to run the antivirus program effectively. All versions of Windows from Vista up are supported. It is recommended that you have at least 2 GB of RAM and 1 GB of hard disk space. Kaspersky products are also available for Mac users.

Before choosing a subscription and upgrade, you can always try a free trial version of Kaspersky Antivirus for PC. Coupons are available when you want to upgrade, and they help bring the price down significantly.

New digital threats emerge every day, so don’t delay buying protection. You should be able to get it at an affordable price as long as you use Kaspersky Antivirus for PC promo codes. It’s time to start protecting your computer!

Smart Bitcoin Strategies to Accumulate Gold Bullion

I heard about Bitcoin a few years ago in 2013 and never expected it to grow into the strong cryptocurrency it is today. As of this writing, it is trading in the market at a value higher than gold. This has opened a window of many opportunities for me as I am now in the market to accumulate this digital currency and gold bars daily.

With my experience, I gained knowledge and developed methods to use this cryptocurrency and build a wheel of wealth to continuously acquire gold using its power.

The following points are methods I use to accumulate bitcoins and gold bars.

  • Find a company that sells gold bars

  • Open an online bitcoin wallet

  • Start mining bitcoins online or offline

  • Buy gold bars with bitcoin

The above are the basic steps to carry out the process and it requires specific methods to be successful. In my opinion, this is the best bitcoin strategy to accumulate gold and have it delivered to your doorstep every month.

Find a company that sells gold bars

There are many online companies that sell gold bars on the internet, but very few that offer incentive programs after you become their customer. You should look for a company that offers much more than selling gold bars. This company should offer quality products like selling gold bars in small sizes of 1 gram, 2.5 grams and 5 grams. The gold itself should be 24 karat gold, which is the highest quality you get. Incentive programs should allow you to earn commissions after you refer people to the company.

Open an online bitcoin wallet

You’ll need a place to store your bitcoins once you’re ready to get started in the cryptocurrency market. There are many online bitcoin wallets available to the public for free. Look for a company that offers a Bitcoin storage wallet and an offline vault for protection. There are many hackers who try to break into the wallets of online users and steal all their bitcoins. If you store your bitcoins offline, you will never fall prey to online hackers.

Start mining bitcoins online or offline

There are two main ways to get Bitcoin. Mine bitcoin online or offline. Mining bitcoins online is very easy and much simpler than offline methods. I personally use both methods to test the profitability of each. Joining an online bitcoin mining farm would be a great way to get started.

You have to be very careful with this option as well because there are thousands of scammers who claim to have a bitcoin farm but actually don’t. These guys are creating Ponzi schemes and will only steal from you as much as possible. There are also trusted and real companies that have bitcoin farms running every day that I personally use.

You can also mine bitcoin offline by purchasing a bitcoin miner, which is computer hardware that you set up at home. This hardware then connects to the internet and will start mining bitcoin. This bitcoin will then automatically be sent to your online bitcoin wallet.

Buy gold bars with bitcoin

Now that you are getting bitcoins every day, there are very specific ways you need to follow to buy gold bars from the company of your choice. You need to link your Bitcoin wallet with a Visa card. This card should also be offered to you by your chosen Bitcoin wallet company. Use this card to buy gold bars anytime you have enough bitcoins in your online wallet.

The above are very basic steps I use to make this process successful and I have never looked back since I started doing it.

Make Money With Fiverr – 3 Tips

In today’s “gig economy,” Fiverr has quickly risen to become one of the most prominent opportunities for young people.

Its ease of use, massive audience, and large pool of extremely talented providers have made it a solution for entrepreneurs of all abilities, allowing people to make everything from a decent living to huge full-time incomes from it.

To that end, if you’ve heard of Fiverr or are looking for ways it can potentially help you make the most of your time and skills, it’s certainly an opportunity worth looking into. This tutorial will explain what Fiverr actually is, how it works, and what it means for job providers around the world.

Founded in 2012, Fiverr has grown to over 3 million listings and is headquartered in Tel Aviv, Israel. The company’s name comes from the starting price of each of its listings ($5) – although a common misconception is that this is the “only” price you can list your services at. The reality is that you can list services at prices up to $1500+. The price of $5 is only a nominal initiation fee.

The way the system gives ‘vendors’ the ability to list their services as ‘gigs’. In these gigs, vendors promise to perform tasks ranging from the likes of digital marketing to creative writing for a nominal fee.

The client will pay the supplier, with the money held by Fiverr until the job is completed. The supplier then has a set period of time to provide the customer with their work. The customer can then request revisions or simply give a “star” rating for the service they received.

The most important thing to remember about the Fiverr business model is that it is short and sharp. People go there for “regular” work and usually won’t pay for anything too ambitious. Although it started as an easy way to make some quick money as a struggling student, it quickly grew into the huge platform we see today.

Some of the most popular services that are purchased from Fiverr are copywriting and creative/article writing. People want English language writers to make “perfect” copy for their product listings, websites, and general business portfolios. Providing these services on the platform gives you a direct way to earn an extra few hundred dollars with relatively little cost.

If you are interested in how it works, there are 3 tips you can use to advance on the platform.

  1. Be personal

    The most important thing (for long-term growth) is to be personal. Using your face, credentials and a real portfolio is one of the most important ways to get ahead on the site. While you can make progress by being anonymous — or hiding behind a company name — it’s a far better bet to make sure you’re investing in yourself. Some of the most productive sellers on the site are people who simply put up their credentials and offered a service.

  2. Sell ​​what you know

    Instead of trying to copy what other people are doing, sell what *you* know. It will take a few tries to get a gig that people will actively seek (for example, my friend was a financier and I created a gig for him on Fiverr to sell articles about “cryptocurrency” – orders started coming in pretty quickly). The most important thing to say with this is that if you’re trying to “fit in,” you’ll end up pursuing work that isn’t really your forte. Instead, you really need to put your best foot forward in a creative way (so people look for you).

  3. Always experiment / test

    Finally, you should keep trying new gigs, new ways to promote your work, and new ways to portray what you’ve done before. There’s no point in stalling because you end up just wasting time and getting nowhere.

The most important thing to remember is that you can either sell what everyone is buying (which usually leads to short-term success). If you have an actual skill, you can use the Fiverr opportunity to provide yourself with the ability to improve your main brand.

Fear and greed in the market

Greed and fear.

Two emotions that play a bigger factor in people’s success or failure than any other emotion we experience. Both fear and greed refer to an inherent emotional state. Tens of millions of dollars have been made and lost based on these 2 emotions alone. In trade, in business and in relationships. So why do so many educational courses, stock trading books and online courses avoid this topic all together?

Maybe they don’t shy away from the topic of emotions, maybe by teaching certain methods and skill sets to their readers, they actually deal directly with the emotional side of trading!

It is well known that emotions create a certain amount of pleasure or displeasure. Emotions are also known to be related to mood, mood, desires and passions. The list goes on… So how do we as individuals develop a skill set to manage these emotions in business, in commerce and in life?

Charles Darwin argued that emotions actually serve humans, and rightly so, if our emotions have evolved over 2 million years. Shouldn’t we be using these amazing skills to our advantage instead of blaming them for poor decision making? I believe that poor decision making has nothing to do with emotions, but rather laziness and lack of planning.

A lesson from one of the greats!

I would be doing my readers a disservice if I didn’t mention Warren Buffett’s strategy. One of the most successful investors of our time. Warren Buffett stuck to his strategy and won big. Warren Buffett showed us how important and beneficial it is to stick to a plan. When deciding whether or not to invest in a company, Buffett and his partners follow a few simple guidelines, one of which involves trying to determine the company’s longevity.

As the market is overwhelmed by greed, so can fear. When a stock suffers large losses over an extended period of time, the market as a whole can become more fearful of sustaining even greater losses. But too much fear can be a serious mistake. It is at this time that successful investors and traders make their move. This is where the real money is made.

Just as greed dominates the recent cryptocurrency boom or fear dominates the headlines about the potential outcome of a trade war, investors are quickly moving from one “safe” investment to another. It becomes a constant game of cat and mouse.

This flood of money into the stock market shows complete disregard for many technical indicators that continue to scream that a correction is imminent. Retail investors seem extremely happy with the flood of headlines that read ALL HIGH. Should retail investors be gripped by fear of a major correction?. Of course, losing a large portion of the value of your retirement portfolio is a tough pill to swallow, but even harder to digest is the possibility of missing out on the huge gains the market is currently offering investors of all experience levels.

Having a clear understanding of my own personal goals, understanding my success, and creating a list of my OWN wants and needs, instead of taking other people’s dreams and trying to achieve them, was a colossal factor in extinguishing the flames of greed in my own trading and daily decision making.

I’ve also added a link to must-read books that have been helpful in my journey to mastering my emotions in decision-making. I will update this as I see fit..

One method I have found helpful is to be mindful of how I measure success, wealth, goals, and most importantly, happiness. It is very easy these days to allow outside influences to affect our happiness and success. Social media bombards us day after day with the success of others.

How to Buy Bitcoin – Step One

The best way to learn about bitcoin, is to jump in and get a few in your “pocket” to get a feel for how they work.

Despite the hype about how difficult and dangerous it can be, getting bitcoins is a lot easier and safer than you might think. In a lot of ways, it is probably easier than opening an account at a traditional bank. And, given what has been happening in the banking system, it is probably safer too.

There are a few things to learn: getting and using a software wallet, learning how to send and receive money, learning how to buy bitcoin from a person or an exchange.


Before getting started, you will need to get yourself a wallet. You can do this easily enough by registering with one of the exchanges which will host wallet for you. And, although I think you are going to want to have one or more exchange wallets eventually, you should start with one on your own computer both to get a better feel for bitcoin and because the exchanges are still experimental themselves. When we get to that stage of the discussion, I will be advising that you get in the habit of moving your money and coins off the exchanges or diversifying across exchanges to keep your money safe.

What is a wallet?

It is a way to store your bitcoins. Specifically, it is software that has been designed to store bitcoin. It can be run on your desktop computer, laptop, mobile device (except, as yet, Apple) and can also be made to store bitcoins on things like thumb drives. If you are concerned about being hacked, then that is a good option. Even the Winklevoss* twins, who have millions invested in bitcoin, put their investment on hard drives which they then put into a safety deposit box.

*The Winklevoss twins are the ones who originally had the idea for a social networking site that became Facebook. They hired Mark Zuckerberg who took their idea as his own and became immensely rich.

What do you need to know about having a bitcoin wallet on your computer?

Below you can download the original bitcoin wallet, or client, in Windows or Mac format. These are not just wallets, but are in fact part of the bitcoin network. They will receive, store, and send your bitcoins. You can create one or more addresses with a click (an address is a number that looks like this: 1LyFcQatbg4BvT9gGTz6VdqqHKpPn5QBuk). You will see a field where you can copy and paste a number like this from a person you want to send money to and off it will go directly into that person’s wallet. You can even create a QR code which will let someone take a picture with an app on their phone and send you some bitcoin. It is perfectly safe to give these out – the address and QR code are both for my donations page. Feel free to donate!

NOTE: This type of wallet acts both as a wallet for you and as part of the bitcoin system. The reason bitcoin works is that every transaction is broadcast and recorded as a number across the entire system (meaning that every transaction is confirmed and made irreversible by the network itself). Any computer with the right software can be part of that system, checking and supporting the network. This wallet serves as your personal wallet and also as a support for that system. Therefore, be aware that it will take up 8-9 gigabytes of your computer’s memory. After you install the wallet, it will take as much as a day for the wallet to sync with the network. This is normal, does not harm your computer, and makes the system as a whole more secure, so it’s a good idea.

Bitcoin Qt

  • The original wallet.
  • This is a full-featured wallet: create multiple addresses to receive bitcoins, send bitcoins easily, track transactions, and back up your wallet.
  • Outside of the time it takes to sync, this is a very easy to use option.
  • Search for Bitcoin Qt wallet download to find their site.


  • Runs on top of Bitcoi Qt, so it has all of the same syncing requirements.
  • Armory allows you to back up, encrypt, and the ability to store your bitcoins off line.
  • Search for Bitcoin Armory Wallet to find their site.

If you don’t want to have that much memory used or don’t want to wait for your wallet to sync, there are good wallets that do not make you sync the entire history of bitcocin:


  • A lightweight wallet that syncs quickly. This is very good for new users.
  • Search for Bitcoin Multibit Wallet to find their site.


  • In addition to being quick and light, this wallet allows you to recover lost data using a passcode.
  • Search for Bitcoin Electum Wallet to find their site.

After you get the wallet set up, take a few minutes clicking around. Things to look for:

o There will be a page that shows you how many bitcoins are currently in your wallet. Keep in mind that bitcoins can be broken up into smaller pieces, so you may see a decimal with a lot of zeros after it. (Interesting note, 0.00000001 is one Satoshi, named after the pseudonymous creator of bitcoin).

o There will be an area showing what your recent transactions are.

o There will be an area where you can create an address and a QR code (like the one I have above). You don’t need the QR code if you don’t want it, but if you run a business and you want to accept bitcoin, then all you’ll need to do to accept payment is to show someone the QR code, let them take a picture of it, and they will be able to send you some money. You will also be able to create as many addresses as you like, so if you want to track where the money is coming from, you could have a separately labeled address from each one of your payees.

o There will be an area with a box for you to paste a code when you want to send money to someone or to yourself on an exchange or different wallet.

There will be other options and features, but to start out with, these are the items that you should know about.

Getting Your First Bitcoins

Now that you have a wallet, you will, of course, want to test them out.

The very first place to go is http://faucet.bitcoin.st/.

This is a website that gives out small amounts of bitcoin for the purpose of getting people used to using them. The original version of this was run by the lead developer of bitcoin, Gavin Andreson. That site has since closed and this site operates by sending out one or two advertisements a month. You agree to receive those messages by requesting the bitcoins. Copy and paste your new bitcoin address and enter a phone number to which you can receive an SMS. They send out an SMS to be sure that people are not continuously coming back for more since it costs nothing to create a bitcoin address. They will also send out once or twice a month advertisement to support their operation. The amount they send it trivial: 0.0015 BTC (or 1.5 mBTC). However, they process almost immediately and you can check to see that your address and wallet are working. It is also quite a feeling to get that portion of a bitcoin. (Non-disclaimer: I have no connection with this site and receive nothing if you use them. I simply think they are a good way to get your feet wet).

Congratulations! You have just entered the bitcoin economy.

To get your feet a little wetter, you can go panning for gold. There are a number of services and websites out there that will pay you in bitcoin to do things like go to certain websites, fill out online surveys, or watch sponsored videos. These are harmless, and you can earn a few extra bitcoins this way, but it is important to remember that these are businesses that get paid when people click on the links on their sites. They are essentially kicking back a portion of what they get paid to you. There is nothing illegal, or even immoral about this (you might like what you see and make a purchase!), but they are frequently flashy and may not be completely straightforward. All the ones that I have tried (particularly bitvisitor.com) have paid out as advertised. It is interesting to experiment with these, but even with the likely rise in the value of bitcoin, you won’t become a millionaire doing this. So, unless you are an advertisement junkie, I would recommend you move on. If you would like to try, simply Google “free bitcoins” or something along those lines and you will find numerous sites.

Buying Bitcoin Hand-to-Hand

Finally, this is going to be the real test of bitcoin. Can people easily trade them back and forth? If this can’t happen, then there can’t really be a bitcoin economy because retailers won’t be able to use it. If retailers can’t use it, what earthly good is it? Fortunately, this is not really a problem. iPhone is a bit of a hold out, but many smartphones have apps (mobile wallets) that will read QR codes and allow you to send bitcoin to whomever you want. You can also display a QR code of your address, or even carry a card in your wallet with your QR code to let people send bitcoin to you. Depending on what kind of wallet you have, you can then check to see if the bitcoins have been received.

A couple of things to note:

  • When you set up your wallet, if you click around a bit, you will see an option to pay a fee to speed transactions. This money becomes available to a bitcoin miner as he/she/they process bitcoin information. The miners doing the work of creating blocks of information keeps the system up to date and secure. The fee is an incentive to the miner to be sure to include your information in the next information block and therefore “verify” it. In the short term, miners are making most of their money by mining new coins (check the section on What Are Bitcoins for more information about this). In the long term, as it gets harder to find new coins, and as the economy increases, the fees will be an incentive for miners to keep creating more blocks and keep the economy going. Your wallet should be set to pay 0 fees as a default, but if you want, you can add a fee to prioritize your transactions. You are under no obligation to pay a fee, and many organizations that process many small transactions (like the ones that pan for gold described above) produce enough fees to keep the miners happy.
  • In clicking around your wallet, on the transactions page or linked to specific transactions, you will see a note about confirmations. When you make a transaction, that information is sent out into the network and the network will send back a confirmation that there is no double entry for that bitcoin. It is smart to wait until you get several confirmations before walking away from someone who has paid you. It is actually not very easy to scam someone hand-to-hand like this, and it is not very cost-effective for the criminal, but it can be done.

Where can you buy bitcoin like this?

  • You may have a bitcoin Meetup in your area.
  • You can check out localbitcoins.com to find people near you who are interested in buying or selling.
  • Some are trying to start up local street exchanges across the world. These are called Buttonwoods after the first street exchange established on Wall Street in 1792 under a buttonwood tree. See if there is one, or start one, in your area.
  • See if you have any friends who would like to try bitcoins out. Actually, the more people who start using bitcoin, the larger and more successful it will be come. So please tell two friends!

Some people ask if it is possible to buy physical bitcoins. The answer to this is both a yes and a no. Bitcoin, by its very nature, is a digital currency and has no physical form. However, there are a couple of ways that you can practically hold a bitcoin in your hands:

  • Cascascius Coins: These are the brainchild of Mike Caldwell. He mints physical coins and then embeds the private keys for the bitcoins inside them. You can get the private key by peeling a hologram from the coin which will then clearly show that the coin has been tampered with. Mike has gone out of his way to ensure that he can be trusted. These are a good investment strategy as in the years to come it may be that these coins are huge collector’s items.
  • Paper Wallets: A paper wallet just means that rather than keeping the information for your bitcoin stored in a digital wallet, you print the key information off along with a private key and keep it safe in a safe, in a drawer, or in your mattress (if you like). This is highly recommended and cost effective system for keeping your bitcoin safe. Keep in mind, though, that someone could steal them or if your house burns, they will go with the house and there will be no way to get them back. Really, no different than cash. Also, as with Casascius Coins, they will not really be good for spending until you put them back into the computer.

* There is software to make printing your paper wallets easier. bitcoinpaperwallet.com is one of the best and includes a good tutorial about how to use them.

* The bitcoins are not actually in the wallet, they are still on the web. In fact, the outside of the wallet will have a QR code that will allow you ship coins to the wallet any time you like.

* The sealed part of the wallet will have the private key without which you cannot access the coins. Therefore, only put as many coins on the wallet as you want to be inaccessible. You will not be able to whip this thing out and take out a few coins to buy a cup of coffee. Rather, think of it as a piggy bank. To get the money, you have to smash it. It is possible to take out smaller amounts, but at this point the security of the wallet is compromised and it would be easier for someone to steal the coins. Better to have them all in or out.

* People who use paper wallets are usually security conscious, and there are a number of ways for the nefarious in the world to hack your computer. Bitcoinpaperwallet.com gives a lot of good advice about how to print your wallets securely.

Some people have also asked about buying bitcoins on eBay. Yes, it is possible, but they will be far overpriced. So, selling on eBay might seem to be a better option given the extreme markup over market value you might see. But, as with anything that is too good to be true, this is too good to be true. As I will explain in the next section, selling bitcoin this way is just way too risky.

How Not to Buy Bitcoin

In the next section, I am going to explain a couple of key points about buying from Bitcoin Exchanges. Before I do, let me give you a warning.

A short history lesson: When people first started setting up actual business based on bitcoin, they used all of the tools available to any merchant. They sold by credit card and PayPal. The problem with this business model was quickly spotted: bitcoin transactions are not reversible by anyone except the recipient of the money. Credit cards and PayPal have strong buyer protection policies that make it relatively easy for people to request a chargeback. So, nefarious individuals realized this and began making purchases of bitcoin and then sooner or later requesting a chargeback. And, since bitcoin is a non-physical product, sent by new and poorly understood technological means, the sellers were not able to contest this. Because of this, sellers stopped accepting credit cards and PayPal.

This was a big problem for the currency: How to move money between buyers and seller? Some business emerged that would credit you with bitcoin if you wired them money. Very often these businesses would give addresses in Albania, Poland, or Russia. The fact is that many of these did work and there are a lot of stories on the forums of people who bought bitcoins this way. But it took a lot of time and in the meantime the buyer just had to bite his or her fingernails wondering if they would get their bitcoins or kiss their investment goodbye.

I expect that as bitcoin becomes more acceptable and valuable, we are going to see a version of the Nigerian Prince scam. So the warning is this: we now have exchanges and other businesses that allow for moving money easily onto and off of exchanges. Never wire money for bitcoin. It was a short-lived, and well-forgotten, moment in the history of bitcoin.

Next, I will be talking about how to buy from a bitcoin exchange and give a review of the some of the best known exchanges.

Stock market averaging

The Art of Averaging

Averaging is a term one may come across in the markets from time to time; what it refers to is the average price paid for a particular stock if you bought stock in that particular company.

To calculate the average price paid for a particular stock, you add up the total amount you paid for the stock and divide it by the number of shares you bought in that company.

The answer is the average amount you paid per share.

Try this math question:

There are five numbers 10, 20, 30, 40, 50

What is the average number?

The calculation:

Add the five numbers: 10 + 20 + 30 + 40 + 50 = 150

Divide the sum of the five numbers (150) by 5

150 divided by 5 = 30 (answer)

You can do this easily with a calculator.

There are so many stock trading platforms these days that investing directly in the stock market has never been easier for the common man and woman.

So how does averaging work?

If you buy stocks at regular intervals, you will pay different prices for each share because stock prices go up and down. Imagine if you bought something at the supermarket last week at full price, and then bought the same item this week at a special price. The average price you paid for the item will be somewhere between the higher and lower price.

This is how the stock market works. By buying a particular stock at regular intervals, you will be able to pick up some shares of it when the price is lower. This is the advantage of regular saving.

In fact, I think there is a case for buying more shares when the price is low. The average price paid per share is determined by calculations as explained above.

Averaging strategy can also be used when investing in crypto currency.

Bitcoin is more volatile than the stock market, so a shrewd investor with an eye for a bargain can invest when the price has fallen.

There are so many stock trading platforms available that playing the markets is accessible to everyone. I joined two of them in New Zealand. Most countries have stock trading platforms. Signing up for them is easy; you need some form of identification. Just follow the directions and you’re good to go.


Playing the markets requires positive thinking and a cool head. If you have these, you can profit from falling markets. Averaging is a method that takes advantage of falling markets.

How to tell if someone is an entrepreneur

One thing defines an entrepreneur – building action.

They’re usually the marketers – doing *anything* to get people to buy their stuff. We all have the image in our heads; the “wheeler dealer”, taking every opportunity to try to exploit (and other people) for profit.

Indeed, the term “entrepreneur” seems to have spread in the current lexicon, from “something you’ve done” (usually to improve people’s lives) to a mix of “crazy money swindler” and “someone who doesn’t ‘follow the rules'” “.

The reality is that the modern meaning cannot be further on from the truth.

Entrepreneurship is not profession or job. It’s not a label you put on yourself to make yourself more likable to a certain party or clientele… it’s way of doing things.

Many “entrepreneurial” types actually have jobs. They will never admit to being “entrepreneurs” even though they exhibit all the traits of one. The question is what are these traits and whether you – or someone you know – has them.

What is an “entrepreneur”?

Entrepreneur is a word derived from French – loosely describing a “problem solver”.

Although its connotation has changed over the years, the premise remains – an “entrepreneur” is someone who creates a “gadget” and has the ability to encourage other people to buy it.

What this “widget” is can be a commercial product, service or an idea.

It’s actually interesting…some of the greatest “entrepreneurs” in history actually had Nothing to do with money. They were completely focused on developing a specific “outcome” and committed themselves wholeheartedly to its realization.

Whether that means conquering the Persian Empire (Alexander), developing the light bulb (Edison) or creating robust computer systems (Gary Kildall), conquering the Aztec Empire (Cortés), the term “entrepreneur” really denotes someone who wants construction something.

The BIG difference between the “original” entrepreneurs and the new age groups of idiots (who usually admire the hedonistic lifestyle + seem to have a fascination with “crypto”) is that the former were usually dedicated to one profession and managed to “leverage” that through the development of increasingly ambitious “projects”.

These projects can be anything… but they everything it had an underlying “reason” for it to exist. This reason was what drove the creator to pursue the endeavor and continue even when it was questionable whether it was even “possible” or not. Obviously the reason we remember them is that they not only discovered it was “possible” but completely doable…hence their success.

How to tell if someone is the one

The typical sign is that they will strange things…

  • interest in esoteric ideas

  • pursuit of interests not directly related to the accumulation of wealth

  • strong displays of passion for certain topics

  • immersive nature with different ideas (trying to recreate historical events, etc.)

The point is, REAL entrepreneurs are usually not concerned about money at all.

Their main concern is the creation of “something”. What that thing is is determined by either their character or their interests…but c everyone for example, for someone who has achieved great success, they have been completely and utterly focused on doing “their” thing, no matter what.

This is actually important.

It seems like in today’s world every 18 year old man wants to be an “entrepreneur” – as if it’s a badge of honor or something. If you don’t “grow” you “die”… right?

The truth is, our society has become so focused on convenience that the majority of these money-grabbing idiots have absolutely no business, even if they consider themselves “entrepreneurs”.

They have no experience, no skills and are only latching on to the latest “fad” to escape the mediocrity that has permeated Western consumer culture.

Entrepreneurship usually follows YEARS of interest in a particular subject. It usually follows a HUGE investment of time and energy in cultivating a skill set, experience and “plugging in” in a particular space.

The most important thing – entrepreneurship is doing something “your way”.

Stay away from modern idiots

The BIGGEST problem I keep seeing from the bunch of morons is that they are ALL following a “book” or some other “rulebook” on “how” to be an entrepreneur.

i see it everything the weather… boys who read everything the biographies, the neurological studies, the latest books of the big rich fat cat – all try to discover the “secret” of enormous success.

The ironic thing is that all this stuff only works on the “outside” side of the problem – the same people who read all the “stuff” end up with the SAME questions… “what am I selling?” – “how do I know if I’ll make money from product?” – “what is it a secret become rich?”.

  • If you have to ask “what am I selling”, you are not an entrepreneur.

  • If you have to listen to what a “successful” person has to say about a topic, you are not an entrepreneur.

  • If you have to consider all the “rules” suggested by others, you are not an entrepreneur.

The point is, the modern world is full of wannabe losers. Even the “successful” ones aren’t really successful – they might have made a bunch of money, but what did they actually do I achieve? The answer is relatively little (or even nothing).

The truth is, if you want to “be” an entrepreneur, you have to put in the work.

EVERYONE has their job. Some are models. Some are football players. Some are computer programmers. Some are artists.

The “trick” is to do ANYTHING to get ahead in the industry; clean floors as needed.

Once you start making some progress, the “entrepreneurial” stuff comes leverage any progress made in it – either to create and market a product or to help the market better appreciate the potential of another device/product.

Traits of “real” entrepreneurs

  • Quiet (or at least reserved)

  • Fully capable of a hug failure (in fact, using it as an incentive to change/adapt)

  • Working always on various elements within their “industry” (again, each has a place)

  • No fear of social constructs (just because someone said it wasn’t true)

  • Laser focus on what “they” I want to make (want to bring sustainable agriculture to Africa? That’s what a “real” entrepreneur will actually do)

  • No fear yes give freely (most “entrepreneur” types aren’t attached to money at all… usually don’t have much until they achieve commercial success)

If you haven’t guessed it, the core is the goal.

The modern world places very little emphasis on purpose; rather it focuses on productivity.

There’s nothing wrong with that, but it robs most people of their passion. That’s good for GDP and McDonald’s – but bad for the creativity hidden in large numbers of people.

If you want to adopt ‘entrepreneurial’ traits, the key is to tune in to a specific ‘purpose’ – through which you can invest your whole life.

If you just look at a Ferrari and think “you want to get rich” – entrepreneurship won’t do it. It is a lot a difficult path, with only the most persistent and hardy surviving.

You have to put in the work and only then will you discover hidden opportunities where you can apply your expertise, experience or network to build something of real value to the world. This real value is then absorbed by the market, which will either pay handsomely for it – or reject it. To a large extent, this determines whether someone can be considered an “entrepreneur” or not.

MEN Beware of Scams by Nigerian Women!

Many of us men have tried or used online dating sites trying to find that perfect mate. Many of us are sincere seekers of such a woman! Our email alerts us that a woman has sent us a message on such a site, and if the message has one, it has a picture of an attractive, usually young, woman. So of course we click on the link or open our browsers to see what she had to say. This guy’s bio says he’s from Birmingham or Albany or San Francisco or Vancouver…any relatively normal place for a woman to live in North America.

For any of us who are a little literate, we notice that the English is poor…nothing like American or Canadian, but we keep reading anyway. She says things like “I’m described as sexy” or “I’m looking for a man who will love me and treat me like a queen” or “I was terribly abused and I’m looking for someone who treats me right” or “I read the bio you and I saw your picture and I think we’d make a cute couple’ – things that attract us for different reasons as our needs and desires and what will attract us varies so much from man to man

These biographies are a siren call, and like the Greek hero Odysseus and his men, many of us just can’t resist. Like fools, we keep reading…even though that tiny voice inside us (the voice that has saved my ass so many times when I’ve bothered to listen to it – you all know that voice too, I’m sure. ) gives out little alarms like “But the writing is SO bad…” or “OK…this is too good to be true!” or, if you’re over 50 like me, “What the hell would someone that young want (say 22, 21, 31, 28 – pick a number, they’re all there!) and who’s as gorgeous as this, a 55-year-old man like me?” I mean, come on guys… we probably all still we think we’re as adorable in our golden years as we were when we were significantly younger, but GET REAL! The alarms are REALLY going off NOW! But like I said, (ahem!) we keep reading and maybe then we decide to write vice versa.

The messages may already contain an address for Yahoo messenger or MSN Live or one of the other popular chat engines, or through your correspondence back and forth (and they WILL write back to you) you will eventually get a contact address for those chat engines. OK…here’s another red flag…if the hello message you originally got took you to her bio and the contact information for the chat is there for all to see…how many other guys do you think that they received the same general message? Anyway, we add this person as a contact…and THERE SHE IS!! LIVE!! We open a dialog to talk to her with “Hi…how are you…I’m Bob…” or whatever and she responds. And you have this nice dialogue session with this person. Eventually, with the first or more of these dialogues, they’ll start sucking you in with romantic overtures and pictures that appeal to them because they’re increasingly sexy, scantily clad, and model-pretty, but they’re probably not their pictures. These are more than likely pictures she took from a catalog or online or whatever good source she found!

In the end what will come is a well worded story asking for money…something like “I came here from America for a modeling job my roommate recommended” Which is believable, I mean the pictures are like that caliber! “When I got here, my modeling contract boss wanted to have sex with me, but I’m a good Christian and I wouldn’t do it, so he beat me and fired me, and now I don’t have food.” If you’re a softie or a major humanitarian like me and you can’t stand to see people suffer, maybe your heartstrings are pulled a little by it. If you’re a smart tough guy who goes “Awwww… to hell with that” and totally drops the ball, you definitely have my respect and admiration… my heart always seems to get in the way, heh heh. You tough guys don’t need to read any further, this article just isn’t for you!!

But… if you’re like me, listen up. “Can you give me a hand?” NOW the alarms are really going off…the tiny voice is no longer LITTLE! But maybe you’re a fool like me and listen to neither! So you ask “Well, how much do you need?” She says “$50.00” Gosh, that’s not a lot of money (for many of us) and you’re wondering how to send it, so you ask and she kind of hints at some money transfer service like WU. She has you contact them and you send money and then when she asks for it, the confirmation number from the WU transaction and she showers you with thanks and maybe a few more photos that have gone from fully clothed to quite revealing! Keep in mind that we are talking about a good, Christian lady here. Now, I personally don’t have a real religion anymore, but living in America or Canada, I think most of us know the principles and “good Christian ladies” won’t show you a picture of their breasts right away, if at all, right? But being the horny guys that we are, we ignore that warning as well. Bastards, we are so dumb…so driven by our bodies!

Now let’s think about this for a minute, shall we? A woman who is a beautiful model contacted us with an invitation to chat. She may have told you that she is falling in love with you (for example, after knowing her for 2 hours) She engages you in lots of sweet talk and searching to find out about you. She may even ask you for such personal information as your bank account, credit card to fuel potentially deadly identity theft schemes and I know people who have exposed these things!! She has you looking for money and now you have sent it. hit! Probably not… you’ve almost certainly been SCAMED!

These women keep bleeding you and bleeding you for the same amount or maybe progressively more and more money with all kinds of sob stories and tales of their love for you. Sometimes it will even lead to something like “I want to be with you, but I have no way to get to you.” And YOU WILL come up with the “brilliant” idea to send them money for a plane ticket. These women are SO good at this kind of manipulation… looks like it was all your idea! Like internet marketing geniuses, these girls have found their niche. And YOU are not the only person they talk to…NO WAY!! They are so good at it that they could have a hundred of us or even more kicking those dollars. Some of them work for bosses from home or in a boiler room setup where everything they need to get your money is provided for them and they get a sweet percentage of what they make. Can you imagine the income that can be made by a really good woman working in this market? We’re talking $1,000 and $1,000 a month! God! Am I in the wrong business?

Also, unless you talk to them on the phone, some hairy, ugly Nigerian might even be doing the manipulation!! Even with a phone call you CANNOT be sure! The internet is the best place to fake ANYTHING!! Even male orgasms!

So the safest thing to do is just drop that football! The moment she says she’s in or from Nigeria, and she’ll most likely say so right away because you’ll probably want to call eventually…she’ll probably even ask you to call! And you’ll know by the country code where it is…so no point in hiding that! Just when you have been mined for money or have the request(s) floating around at your feet, RUN LIKE HELL!! Trust ALL your alarms!! They are there for a reason!!

If you are still not convinced by any of this, then YOU are offering to fly to them!! Or tell them you’re sending them a non-refundable e-ticket to get them to fly to you. You will know either upon landing in Lagos or at the mention of the words “non-refundable” if you have anything or not. And personally, if I was flying there and she didn’t show up, I would get out of Lagos immediately because Nigeria is ONE SICK PUPPY with more crooks per capita than there are kidnappers and cartel workers in the mountains of Colombia!

I wrote this because I wanted to spare you some of the hurt feelings, despair, frustration, anger and shame I felt for being cheated on. I hope I was able to help.

For you ladies who may have read this, I don’t know if the same thing happens to your lonely hearts as it does to guys, but if it does, I would warn you to be careful too!

Save your money and be patient!! If it’s meant to be, your soulmate will show up sooner or later.

What is blockchain development?

Blockchain technology may be a new name for readers, but experts are of the strong opinion that thanks to this technology, we can witness a major change in the field of technology. Thus, various companies are looking for good opportunities in the field of blockchain application development. Blockchain is an emerging technology, so most people are not aware of this new advancement. If you are one of those who want to have considerable knowledge about the technology, just keep reading the information provided below.

What do we mean by Blockchain?

Blockchain works as a digital ledger where transactions are done using bitcoins or cryptocurrencies. According to Blockchain experts, this technology provides an absolutely safe way to carry out or record all transactions, agreements or contracts. Also, Blockchain is valuable for everything that needs to be verified and saved in a safe digital ecosystem.

From the starting point of the beginning of the network, the database is shared among several users who are included to access the information of all transactions. The total size of the network varies depending on the number of users, which can be two or three users or it can be a group of hundreds of users.

What is the benefit of Blockchain technology?

Experts are trying to use it for more than one purpose and nowadays the most visible and prominent use of Blockchain technology is Bitcoin. Bitcoin has been helping people engage in financial transactions since 2008. In addition, experts are looking for ways that the same technology can be used to solve or reduce safety issues, controversies or beliefs.

How to use?

Specialized computer software is used to make the blockchain automatically share the information with the database in case of a new transaction. A blockchain contains blocks, which are hashed or encoded batches of transactions. Each code, with the hash of the block before it, connects the two and forms the chain that is the Blockchain. This process needs validation of each block to ensure the security of the entire database.

Why do we need blockchain development?

As mentioned above, Blockchain attempts to make the technology more useful for people who need to maintain an indisputable record of transactions. Blockchain technology provides maximum clarity and transparency and can be used as an effective tool against cases of corruption.

With the help of Blockchain technology, all transactions are done in a safe environment where all details are encrypted with the generation of a unique transaction number and this number is recorded in the ledger as a container. In this case, not all users would be able to see the transaction details. However, the network will be aware of the transaction. This process limits any fraudulent change, as the person with malicious plans must have access to every computer on the network to make changes to the database.

Due to the growing importance of blockchain development, a number of people or organizations are looking for a trusted and reliable blockchain development company.

Tips to Avoid Common Mistakes New Bitcoin Traders Make

Investors from all over the world are trying to profit from the volatile Forex market by trading the cryptocurrency Bitcoin. Well, it is quite easy to get started with online trading, but it is important to know that there are risks that you cannot ignore.

As with any speculative or stock market, Bitcoin trading is also a dangerous endeavor that can cost you a lot of money, especially if you don’t do it right. That is why it is important to know about the risks involved before you decide to start with it.

If you are a beginner interested in Bitcoin trading, then you will need to understand the basics of trading and investing first.

Avoid common mistakes that new traders tend to make

Invest wisely

Any financial investment can bring losses instead of profits. Likewise, with the extremely volatile Bitcoin market, you can expect both gains and losses. It’s all about making the right decisions at the right time.

Most of the beginners tend to lose money by making wrong decisions which are usually driven by greed and poor analytical skills. Experts say that you should not enter into a trade if you are not prepared to lose money. Basically, such an approach helps you mentally deal with the worst possibilities.

Diversify the portfolio

First, successful traders diversify their portfolios. Risk exposure increases if the majority of your funds are allocated to one asset. It becomes more difficult for you to cover losses from other assets. You cannot afford to lose more money than you have invested, so avoid investing more funds in limited assets. This will help you keep negative trades going to a great extent.

Second, investing more money than you can afford will also cloud your ability to make good decisions. In most cases, you will be forced to choose a “desperate sell” when the market drops slightly. Instead of weathering the market downturn, the investor who has invested too much in the deal is bound to panic. The person will feel the urge to sell the holding at a low price in an attempt to cut losses.

You will also lose more money when the market recovers. This is because you will have to buy the same retention but at a higher price.

Set goals – Emotions make you blind

Setting goals for each transaction is vital when trading bitcoins. It helps you stay calm even in extremely volatile conditions. Therefore, you will need to determine the price first to stop your losses.

The same rule applies to profits, especially if you let your greed get the better of you. The benefit of setting goals is that you can easily prevent yourself from making decisions based on emotions.

Instead, you should work on improving your chart reading and market analysis skills. It is also recommended that new traders close their losing positions after 24 hours to avoid paying recurring interest.