Beginner’s Guide: An Introduction to Cryptocurrencies

Introduction: Investing in cryptocurrencies The first cryptocurrency to emerge was Bitcoin which was built on Blockchain technology and was probably launched in 2009 by the mysterious person Satoshi Nakamoto. At the time of writing this blog, 17 million bitcoins have been mined, and it is believed that a total of 21 million bitcoins could be …

Cryptocurrency – The Future of Money

What is Bitcoin? Answer: Bitcoin is a digital product, (payment method/currency/commodity/digital gold) which was created in 2009. Who owns Bitcoin? Answer: Bitcoin is a network. It is not owned by a single person or bank. The creator of Bitcoin is called Satoshi Nakamodo. How does the value of Bitcoin grow? Answer: There are many factors …

Bitcoin Basics

For someone unfamiliar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” Another common question that is often asked is about the price of Bitcoin. It started at under 10 cents per Bitcoin upon its introduction in early 2009. Since then, it has steadily grown and recently hovered around $4000 per …

4 common mistakes you should avoid when trading cryptocurrencies

Today, you can invest in cryptocurrencies quickly and easily. You have the freedom to invest with the help of an online broker, but you cannot say for sure whether this is a safe venture. There are many risks and pitfalls to face if you are considering entering this field. However, you don’t need to become …

Will crypto-based e-commerce destroy the banking industry dinosaur-style?

Banking as we know it, has been around since the first currencies were coined – perhaps even before that, in one form or another. Currency, especially coins, grew out of taxation. In the early days of ancient empires, an annual tax of one pig may have been reasonable, but as empires expanded, this type of …

Online store sells gold product based on digital currency

Forces fought and burned cities to the ground to acquire the metals. All the time, every time gold has stood the test of time, it is much easier to own it for yourself than ever before. There are gold bars that are approved for individual retirement accounts and also certified. So much is offered in …

A quick but thorough comparison between gold and bitcoin

A quick comparison between cryptocurrency, gold and bitcoin In some places, gold seems to have a more important place in the financial world. On the other hand, some people are starting to see Bitcoin as a valid method to store our savings. This allows us to make purchases and perform other daily transactions. For the …