Category Archive : News

How Safe It Is to Invest in Bitcoin

How Safe Is It to Invest in Bitcoin
4 (1)

Click to rate this post!
[Total: 1 Average: 4]

How Safe It Is to Invest in Bitcoin

Is Bitcoin Secure?

Bitcoin, an innovative cryptocurrency that is becoming more and more popular among people worldwide, has recently made the headlines due to its unpredictability. It is the world’s first decentralized digital currency and it has been in the news a lot lately. Despite its growing popularity, many people are still wondering if they should invest their money in bitcoin

What is Bitcoin?

Bitcoin is the first decentralized digital currency. It has been around since 2009 and it has generated a lot of interest since then. People call it a cryptocurrency because it uses cryptography to control the creation and transactions of money. In simple terms, Bitcoin is just a virtual piece of currency that you can trade online in exchange for goods or services.

Is Bitcoin Safe?

Bitcoin is a very risky investment. Bitcoin’s price recently reached an all-time high of around $68,000 in November 2021, before falling below $42,000 in early January. This is only one example of the coin’s ups and downs over its history.

While Bitcoin technology is relatively secure, there are several hazards to be aware of before investing. Bitcoin isn’t anonymous, cryptocurrency prices may be very unpredictable, Bitcoin is password-based, and cryptocurrency wallets are vulnerable to theft.

Does Hyperinflation Affect Bitcoin?

The profits you see in the cryptocurrency market are not the same profits that you see in the real markets. Bitcoin prices can rise unexpectedly at any moment, despite how much liquidity there is in the market, and they can fall just as suddenly. The price of Bitcoin may completely change on a daily basis. These changes in prices are due to variations in supply and demand, and your profit will be based on whether or not you buy at the right time. Unlike fiat currency, crypto cannot be manipulated as easily by raising interest rates or creating more money. As such, this also means that there is no real threat of hyperinflation.

Bitcoin Cyber Security Risks

Cybersecurity is still a problem in Bitcoin, with cybercriminals using Bitcoin to stay anonymous, they also exploit the weaknesses and unsafe areas of this new and rapidly evolving technology. Cyber crooks may permanently lock customers out of crypto wallets by stealing their account keys, giving them access to their entire assets. As a result, it’s critical that crypto accounts be handled with extreme prudence.

Bitcoin Is Not Anonymous

While Bitcoin hides your personal information, it does not hide your crypto wallet’s address. That implies you’re no longer “anonymous,” but rather “pseudonymous,” and someone may trace out your personal information using hints. Governments may issue subpoenas for information, and hackers can access data in a variety of methods.

Because all ledgers are open to the public, if someone knew how much you spent, when you spent it, and where you spent it, they could look it up in the ledger and track it back to your wallet. They might then map your buying patterns, collect data about your life, and perhaps blackmail you after that.

Bitcoin Is Volatile

Despite the fact that Bitcoin utilizes strong encryption, its volatility makes it a risky investment. With no governing agency in place and a global, 24-hour market, a bitcoin worth $60,000 one day may be worth $30,000 the next.

There have been periodic times of stability, but they never endure. After all, there’s a reason why some joke that Bitcoin is just male astrology. Invest at your own risk, understanding that you might lose a lot of money.

Bitcoin Passwords Can Be Lost

Crypto wallets are where bitcoins are kept. You’ll be in big trouble if you forget your Bitcoin password – that is, the password to your wallet. You cannot contact a central authority to retrieve your account. Several individuals have lost millions of dollars after forgetting their crypto wallet password.

That’s simply one more incentive to utilize a password manager at all times. However, even your own safeguards may not be sufficient. After its founder died without giving the secret password, a well-known crypto exchange failed to reimburse $190 million to customers.

Conclusion

Bitcoin is a powerful new technology that could revolutionize the way money circulates worldwide. However, it’s also highly risky. Bitcoin is not anonymous and its prices are extremely unpredictable. Furthermore, it’s possible for you to lose your password and access to your cryptocurrency wallet, so be careful with it.

Bitcoin is not the type of investment that you want to make if you’re looking for stability in your life. Nonetheless, if you don’t mind taking risks in exchange for potentially huge benefits then it might be worth investing in this cryptocurrency. For more information about Bitcoin check out our blog now.

Click to rate this post!
[Total: 1 Average: 4]
How to protect your wealth from Hyper-Inflation with Bitcoin

Bitcoin: The Way to Protect Your Wealth Against Hyperinflation
0 (0)

Click to rate this post!
[Total: 0 Average: 0]

Why Bitcoin, Blockchain, and Crypto

Is Bitcoin and crypto the only savior of the global financial instability and crisis? If NOT, what else?! The inevitable hyperinflation is just around the corner and there are only a few ways how to protect your wealth, business, or wellbeing, if you are already rich and have a movable collateral at your disposal, and it’s cryptocurrency, specifically Bitcoin. But if you are the middle-class or poor-class citizen who has some limited amount of capital saved in a bank to buy a house, car, or whatever, then you are in a big trouble, and you should do something about it really fast.

But what if you don’t have any capital and don’t own anything? Well, then you got nothing to lose, but also nothing to gain. Even still, the best winning strategy for the last 4 years would be incrementally buying Bitcoin and/or other main cryptocurrencies every time they dipped. And even with very little investments each time, today you would be sitting on at least 10x gains, but most likely much more than that.

Now, where is this all coming from.

If you watched the short unedited video above, you will probably get that I am advocating for what Mr. Michael J. Saylor has been saying for last 18 months, which in a nut shell is to go and invest some portion or majority of cash savings into Bitcoin and some other altcoins, but mainly Bitcoin.

Before we get to who is Michael Saylor and why you probably should listen to him when it comes to economy, investing in various markets, and cash-flow money management, I would like to quickly provide my personal opinion on this, even though I stand for most of the things that Michael Saylor says.

 

Why is Blockchain Technology and Bitcoin a Better Way

Bitcoin a better way

This is a critical moment in time of our history. The reason behind the rapid change is the digital energy of high frequency. It’s not just financial systems that we talk about but the entire economy, industrial markets, and the way people do things in every day life like paying for food, rent, or electricity.

I know it’s still not clear to vast majority of global population what does this mean and represent, but pretty soon will. Blockchain, Bitcoin, and crypto are all still very new subjects that first ever started to break into the realms of public less than a decade ago, and it takes time for people to learn and adjust. Just like one of the examples that Michael Saylor mentioned, how long it took for people to fully appreciate the electricity, talking about electric current through copper wires that could easily kill anyone, when it first came out? It took probably decades for vast majority of people to adopt it as something normal that is presented in every day of our lives. Or what about the Internet?

So my point is that the blockchain industry is very new at the beginning of it’s full appreciation, and now it’s time to take some measurable risks and get in early before it becomes normalized just like the internet after Dot Com bubble Era in the beginning of 21st century. Also, there is no doubt about the wide array of use of the blockchain technology and digital currency as high-frequency money.

 

Who is Michael J. Saylor?

Who is Michael Saylor

Michael Saylor is an American investor, business executive, co-founder of MicroStrategy, and longest public company serving CEO in the history. MicroStrategy is a company that offers cloud-based services and mobile software to enterprises. He is also the author of the 2012 book The Mobile Wave.

Born in Lincoln, Nebraska in 1965, Saylor’s father was a chief master sergeant in the Air Force and his family moved to Fairborn, Ohio near the Wright-Patterson Air Force Base when he was 11. In 1983, he enrolled in the Massachusetts Institute of Technology on an Air Force ROTC scholarship and joined Theta Delta Chi fraternity. He met his future co-founder, Sanju Bansal, during his time at MIT. Saylor graduated from MIT in 1987, earning a degree in science and technology and double majoring in aeronautics and astronautics.

Before founding MicroStrategy, Saylor worked for companies such as The Federal Group and DuPont. He later used the earnings from his jobs at DuPont to found his own company, MicroStrategy, with his former classmate Sanju Bansal. In 1992, he raised $100 million from DuPont and co-founder Sanju Bansal. They then went on to go public, raising over $2 billion for the company.

After the stock market crash in 2000, Saylor’s business was in the spotlight. The Securities and Exchange Commission accused him of misrepresenting the financial results of MicroStrategy. In December 2000, Saylor settled with the SEC and agreed to pay $350,000 in penalties and $8 million in disgorgement. After the restatement, the stock of MicroStrategy plummeted, wiping off six billion dollars of Saylor’s personal wealth. But despite all failures Michael managed to bring the company back up to one of the highest valuable public software companies in the world even before starting to invest in Bitcoin in the mid year 2020 when the pandemic hit and shot down the entire economy in just few weeks.

While Saylor has a significant net worth in his private life as an investor, his primary career is as a Businessman and serving CEO for a public company. He later founded the Saylor Foundation to provide free collegiate education for everyone. Despite being an influential figure in the industry, his personal life is unknown to many. As such, it’s important to conduct due diligence when investing in Bitcoin. If you’re thinking about making an investment in the cryptocurrency, Michael Saylor might be the right man to talk to.

 

Conclusion

If you’re a newcomer to crypto, it’s probably time to get acquainted with this tech-savvy billionaire. Michael Saylor has a pro-Bitcoin stance and shares posts that encourage people to invest in Bitcoin. He shares stories like the founders of Tahinis, a Canadian restaurant, who are turning their earnings into Bitcoin in August 2020. The founders said they did so because of the rising prices and were looking for a way to protect their earnings. This demonstrates his passion for the cryptocurrency, as he has years of experience investing in this technology.

Michael J. Saylor is also a founder of free learning resources sites such as:

Saylor.org – University for Free College Degrees

Hope.com – Free resource for learning about Bitcoin and crypto (Just remember Bitcoin is HOPE!)

 

 

Get Bitsgap Crypto Bot Software

Click to rate this post!
[Total: 0 Average: 0]
Crypterium token coinbase huobi

Crypterium (CRPT) Token Soars Shortly After Being Listed on Coinbase and Huobi
3 (2)

Click to rate this post!
[Total: 2 Average: 3]

Crypterium (CRPT) Token – Coinbase and Huobi Listing of CRPT Shows Solid Project with Potentially Huge Future Growth

The (CRPT) Crypterium token is a cryptocurrency that is being developed by the experienced team of developers in blockchain and DeFi space. The project is based on the idea of a bank that lets users create savings accounts as well as use the features and benefits everyday banking for cryptocurrency. These accounts would provide repeat income based on the balance.

Just as a note, crypto assets are highly volatile, so investing in all or any crypto asset is highly risky and it’s not recommended to invest all your money savings at once.

The main aim of this project is to build a bridge between the Crypto and FIAT worlds. The bank infrastructure is already in place, supporting more than 170 countries around the world with over 500,000 global active users, so it is pretty safe to say that it’s expected to grow. As we mentioned, Crypterium is becoming a reality in many parts of the world, especially countries with a record of high money inflation. The company launched its platform in the late 2017 crypto boom and managed to still be around until now. For the time being, the CRPT coin price is at $0.70, traded as high as $1.02 according to coinmarketcap.com, but it’s possible for CRPT to go as high as $10 this year.

Crypterium first crypto banking services

Recent events that took place, such as listing the CRPT token on 2 biggest crypto exchanges Coinbase and Huobi, caused the price to spike by more than 500% and then shortly after go a little bit down and stabilize itself around $0.70 per token.

The Crypterium and its native CRPT Token is being used to pay for services and utilities as in a normal everyday life using the credit card and all banking features combined with decentralized Crypterium ecosystem. In addition to this, the CRPT token will be supported by a staking service, which allows users to earn up to 21% per year in interest from their token. The CRPT token can also be sold or exchanged for other cryptocurrencies through the Crypterium App or many centralized and decentralized exchanges like Binance, Kucoin, Gate.io, and now also Coinbase and Huobi. It is also expected to be a highly valuable crypto asset in the future in the cryptocurrency and DeFi industry.

As far as team behind the Crypterium, they say that their service will revolutionize the blockchain financial industry. Unlike other cryptocurrencies, the Crypterium app will allow users to invest in different cryptocurrency portfolios as well as be able to pay for any product or service anywhere in the world. according to their future vision. Crypterium is already integrated with the various types of payment methods, including fiat banking system and credit and debit cards. Therefore, users can easily send money to friends fast and easy.

Crypterium multi-crypto wallet

You can use the Crypterium multi-crypto wallet to purchase hold, and safely store you digital assets as well as pay for products and services. The wallet app will allow you to see the value of these digital assets in fiat currencies like the U.S. dollar, Euro, Australian dollar, and British pound. The Crypterium token can also be used for staking, borrowing, or lending.

As a digital asset, the Crypterium Token will be an ideal tool for the financial industry. It will enable investors to borrow money using the cryptocurrency as collateral. The repayment process is similar to borrowing against a home. However, the Crypterium Token is designed for investment. It will be used to invest in cryptocurrency, and it will be used to purchase digital assets.

The Crypterium Token is a digital asset that is available for sale on the market. The company is headquartered in Tallinn, Estonia. The company has a number of licenses that cover the provision of virtual currency wallet services. The company is certified under PCI DSS, an international payment data security standard. Moreover, the company has a mobile app and is building it.

Get Crypterium account

CLICK HERE

 

 

 

Click to rate this post!
[Total: 2 Average: 3]

Bridgewater Associates Chairman Ray Dalio is Endorsing Bitcoin
0 (0)

Click to rate this post!
[Total: 0 Average: 0]

This what many bitcoin and crypto enthusiasts were waiting for! The mass global adoption of crypto assets ignited by big hedge funds, trust funds, and corporations, and then…the whole world.

 

Click to rate this post!
[Total: 0 Average: 0]

Serbian Prince Philip Embraces and Supports Bitcoin as Hard Money
0 (0)

Click to rate this post!
[Total: 0 Average: 0]

Serbian Prince Philip Embraces Bitcoin and Its Technology!


Serbian Prince Philip is one of the most prominent cryptocurrency supporters in the world. He recently appeared on a Serbian television talk show, speaking about his love of Bitcoin and the need to eliminate fiat currencies. While he was speaking to the audience, the prince seemed to be fond of the cryptocurrency and said that the government should take the money away from the people to prevent inflation.

While the prince did not elaborate further, his statements were well received by the audience. According to Serbian Prince Phillip, Bitcoin is a symbol of freedom, and it is time for the world to embrace it. He believes that Bitcoin is the future of money, and that the country desperately needs hard money, as the fiat currencies it currently uses are susceptible to inflation. Rather than relying on fiat currency, the country needs a currency that is free of the state and is not subject to the forces of inflation.

While Prince Philip has a background in Austrian Economics, he is currently studying the market for Bitcoin. He argues that Bitcoin offers freedom for the people. While other governments may be wary of cryptocurrency, Serbia’s central bank is already aware of the risks involved. It is best to consider the risks involved and seek professional advice before deciding on a strategy. If the price of a currency rises significantly, the country’s economy will fall.

Prince Philip Embraces Bitcoin

As a crypto-enthusiast, Prince Philippe is an ideal candidate to promote Bitcoin. He has a background in Austrian Economics and works as an analyst for an asset management company in London. His work revolves around studying the markets and discussing their clients’ portfolios. However, despite his doubts, he doubles down on his position on bitcoin. He says that people will learn about it sooner or later.

In his interview, the Serbian prince discussed the pros and cons of Bitcoin in the Serbian context. The prince said that bitcoin is “freedom” and that it’s a good way to free the economy. He also explained that Serbia needs hard money, which is money that’s free from inflation. In contrast, fiat currencies are controlled by governments and have been proven to have negative effects. But the Prince’s positive comments were enough to convince his followers to adopt the crypto-currency in the near future.

On one Serbian TV show, the prince talked about Bitcoin and cryptocurrency. He is a member of the parliament of Karaorevi, a former Yugoslavian crown prince. His brother, Prince Alexander, is another member of the ruling house and is in the second line of succession. In London, he works with global asset management companies, including the world’s most famous cryptocurrency exchanges, such as bitcoin

Conclusion

Despite its many risks, the Serbian prince has endorsed the currency. He argues that bitcoin is a symbol of freedom for the people and is a good inflation hedge. The Serbian Prince is also a strong supporter of cryptocurrency and has urged the government to make it legal. But the Serbian Royal isn’t the only royal to back crypto. The prince is also a supporter of hard money, and this is why he endorsed it.

Prince Philip Bitcoin

Click to rate this post!
[Total: 0 Average: 0]
Crypto News Now DeFi, Ethereum, NFT

Crypto News Now: DeFi Uncertainty, ETH Update, & Women in NFT
0 (0)

Click to rate this post!
[Total: 0 Average: 0]
Latest Crypto News and Updates:

Crypto coins have been in the news constantly these days. Here’s a look at some recent news and developments in crypto industry markets.


Cryptocurrency in Russia and the Ukraine

So far, the Ukrainian government government has received more than $75,000 worth of crypto tokens in donations. They have been so successful that the military is planning to auction off NFTs in order to raise funds.

Meanwhile, Coinbase has been criticized by some and praised by others for refusing to close the accounts belonging to Russian users.

Defi Closures and Uncertainty

Recently two notable individuals in the crypto world have decided to call it quits. Anton Nell, the developer of Fantom (FTM) has announced he is no longer interested in blockchain projects. At the same time, Andre Cronje, the founder of multiple DeFi projects like Yearn Finance, also is leaving the crypto industry.

Yearn Finance, Keep3r, Chainlist, Solidly and more projects are all now dying. They will cease to exist on April 3, 2022. This news has causes price to plummet and people to panic. Fantom is now down 16%, however, many others are still working at the Fantom Foundation. So, the future of FTM is unclear, but not without hope.

Ethereum’s Update is Coming

After many years of anticipation, it seems that Ethereum is finally going to fully switch from Proof of Work (PoW) to a Proof of Stake (PoS) algorithmic consensus system. According to Vitalik Buterin, the launch will be here within months. While an exact date has not been given, this has investors feeling bullish in an otherwise bearish crypto market. The switch would result in vastly lower transaction fees. It would also significantly reduce the blockchain’s energy usage, which it has been criticized for by environmentalists.

Cardano is Also Updating

Another highly popular and 8th largest cryptocurrency by market cap, Cardano, is also undergoing some changes. The code will be updated soon for the first time in 2022. This is expected to lead to growth for the coin, which is already doing quite well.

This update is simply titled the “February release.” As you can tell by the name, it is running slightly late. Two more major updates are planned to follow sometime between now and the end of the year. These updates include a hard fork combinator, which could help undo the damage that generally results when a blockchain is forked.

Who is Praising Bitcoin Now?

Bitcoin has always been controversial, but lately it’s been getting some praise from Steve Wozniak, the co-founder of Apple and Energy Efficiency Blockchain Platform EFForce with its native crypto coin/token (WOZX). He said, “Bitcoin is the only pure gold mathematics. It’s embedded science, math, logic and computer programming.”

Learn more about EFForce at www.efforce.io

Dogecoin in the European Union

The Dogecoin Foundation applied for trademark protection for their meme coin’s name and logo. It’s possible they will now be able to sue copycat coins like DogeBonk and BabyDoge. What effect this would have on the price of Dogecoin itself is unclear.

Crypto Politics in Louisiana

As cryptocurrency donations and other transactions continue to happen internationally, some are hoping to regulate this. A new bill is being put forth in the state of Louisiana by Republican Party Representative Mark Wright. The goal of the bill is to require all crypto political donations to be immediately converted into dollars.

The bill also attempts to prevent anonymous donations. The contributor would be required to accurately give their full legal name, physical address and current employer. Whether the bill will pass into law remains to be seen.

Shake Shack’s Bitcoin Giveaway

Shake Shack has started up a Bitcoin giveaway program. Customers who buy through the app can now be rewarded a small amount of Bitcoin for doing so. This is likely many people’s first exposure to cryptocurrency.

OpenSea Bans Iranian Users

OpenSea, one of the biggest NFT platforms to ever exist, has just banned users from Iran. They have drawn criticism for this, with many lamenting the lack of a fully decentralized, borderless NFT marketplace.

Famous Women Are Getting Into Crypto, Too

Many celebrities seem more interested in non-fungible tokens than coins. The “World of Women” NFT art collection recently sold a piece to the singer Christina Aguilera. Money raised by the sale is being donated to the National Coalition Against Domestic Violence. Other famous collectors include Reese Witherspoon and Eva Longoria. Art in the collection is all drawn by the artist Yam Karkai.

Music NFTs

NFTs aren’t limited to just art. On OpenSea, the rapper Snoop Dogg released a music album as an NFT. The album uses a Mutant Ape Yacht Club monkey as cover art.

Would You Pay Your Taxes in Cryptocurrency?

Lugano, a city in Switzerland, is experimenting with treating cryptocurrency as legal tender. The city hopes to become a hub for crypto investors. Residents can pay their taxes directly in cryptocurrency without converting it into local fiat first.

 

cryptocurrencies

Cryptocurrencies to buy

 

Click to rate this post!
[Total: 0 Average: 0]
world bitcoin adoption

Will Bitcoin Reward Cards Drive the Bitcoin Mass Adoption?
0 (0)

Click to rate this post!
[Total: 0 Average: 0]

The Rise of World Bitcoin Adoption

With the bitcoin price rising every year, the adoption of bitcoin as a currency is increasing. Moreover, the crypto currency has also become a popular alternative to traditional credit cards. It is currently a widely accepted medium of exchange in most countries, while it has remained illegal in many other countries. This has made it a difficult currency to get into. Nonetheless, the rise of cryptocurrency is an exciting trend. But it still has several challenges.

During the past year, the rate of Bitcoin adoption has grown by more than 113% per year, a record for digital currencies. This impressive growth is a significant step forward, as virtual currency is gaining acceptance in international financial centres and smaller towns alike. As more people learn how to use Bitcoin, we will see more companies and consumers adopting it as a primary currency. Let’s take a closer look at the various stages of Bitcoin adoption.

The first step is to understand why cryptocurrency is so much different from traditional cash. Using a card with a dedicated Bitcoin wallet and a specialized app to buy and sell it is a great way to increase the adoption of the digital currency. Unlike the traditional paper money, a digital coin has its own value and can be converted into dollars. It is a great way to buy goods online or at the local supermarket. However, the downside of using a card with a cryptocurrency wallet is the lack of freedom it gives you.

The main drawback to Bitcoin is the lack of a secure way to transfer money, which makes it an unappealing form of payment. Nevertheless, there are many ways to use cryptocurrency to purchase products and services. The major problem is the reliance on central centralized wallets that can prevent users from receiving the rewards they deserve. The good news is that the Visa credit card is one of the most secure ways to use Bitcoin, and this has become a key factor in its rapid adoption.

Despite the shaky beginnings of bitcoin adoption, the U.S. credit card giant, Visa, is planning to boost adoption with a co-branded debit card that offers 10% cash back in bitcoin instead of the traditional reward points. Fold’s research shows that 90% of its users would switch to a Bitcoin-branded card with a bitcoin-reward program. In fact, if the company could get the market share from these behemoths, it might just be the perfect time for the emergence of cryptocurrency-backed rewards.

Besides being an alternative to traditional credit cards, the bitcoin credit card has some distinct advantages over traditional credit cards. The price of a bitcoin is tied to its price and its demand. Moreover, it is easy to convert into another currency, such as the euro or US dollar. In a dollar-denominated economy, a small amount of bitcoin can go a long way. This is why the currency has the potential to steal market share from the behemoths.

 

Click to rate this post!
[Total: 0 Average: 0]
Pi top cryptocurrency to mine on mobile phone

π(Pi): Top Crypto to Mine on Mobile Phone Devices Going Mainstream
2 (4)

Click to rate this post!
[Total: 4 Average: 2]

Mine Coins With on Your Mobile Phone with π (Pi) Network

Pi Network Mobile App

Start Mining πPi

 

What Is π(Pi) Network and π Token?

Before starting to mine coins with π(Pi) Network, you should first understand what it really is. π(Pi) is a mobile application that uses mobile phone devices as a computing device to mine π(Pi) tokens. As such, it has a rapidly growing number of everyday users mining pi tokens. In order to earn coins, they have to prove that they are not a robot by logging in every 24 hours to confirm the device in order for mining to continue. Anyone can introduce as many people to pi network as they want, being rewarded by rising the hourly mining rate. This format has caused some to accuse the company of multi-level marketing, but this is not the case.

Who Are Co-Founders of πPi?

Pi Network co-founders

The Pi Network project has two co-founders, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Kokkalis holds a PhD from Stanford University and has founded several startups. He also teaches a computer science course at Stanford on decentralized applications on the blockchain. Meanwhile, Fan has a PhD from Stanford and has worked on startups that aim to scale social communications and surface social capital. Although the founders have been kind of secretive, they’ve been working hard to develop the project and have released a plenty of public information.

While Pi Network has kept insisting that it is not an ICO, the company is running a crowd sale. In other words, the coins you mine on the Pi network remain within the system, unless you decide to sell them. The network’s open mainnet means that it’s easier to trace the identity of a user than a crypto exchange. Besides that, Pi is currently listed on several crypto exchanges and has a number of users interested in joining the community.

π (Pi) Token Listed on CoinMarketCap.com

By listing the token on the biggest cryptocurrency informative website CoinMarketCap.com is a clear message that the people behind the Pi network mean it seriously and that π should be the true community coin owned by people not big shareholders or corporations. Therefore there is no way to purchase the π token other than mine it!

Although there is not any measurable data about π token on CoinMarkeCap.com yet, the user base of miners is growing fast.

How to Mine π (Pi) Tokens

As we mentioned the only way how to obtain the π tokens is through installing π app on your mobile phone, either android or iOS device, you will be prompted with entering the username of your referral, which if you do not have feel free to enter my username – Mirolpt

and then you should verify your identity and you can start mining right away.

As far as the phones speed performance or a battery life, we didn’t notice any decrease or issue.

 

Start Mining πPi

Pi top cryptocurrency to mine on mobile phone

Click to rate this post!
[Total: 4 Average: 2]
Best Crypto to buy in february 2022

What Is The Best Cryptocurrency To Buy In February 2022?
1 (2)

Click to rate this post!
[Total: 2 Average: 1]

Moving towards the second month of February 2022, there are some big opportunities to buy in some of the altcoins that are predicted to grow on value as the massive crypto market dip suggests.

But is the bottom low or can it drop even lower?

I wouldn’t dare to say with 100% certainty at all.

Instead of trying to time the market, what I’ve found is much better which is buying a bit of crypto each dip to average that out.

Top Crypto Coins to Invest in 2022

What cryptocurrency coins to buy in 2022

So lets look at some coins that are hot to buy in the beginning of February 2022:

BitcoinBitcoin is steady and as #1 coin in the crypto market and its decentralized nature, it’s destined to grow

Ethereum – ETH is the biggest blockchain and second biggest coin by market cap with thousands of project being built on Ethereum

Polkadot – Had its boom breakthrough in 2020 breaking into the top 10 crypto ranked by market cap, it’s a huge blockchain and ecosystem

PolygonAs a No. 1 solution to scalability and high fees solution on Ethereum network, Polygon (MATIC) is yet to see massive explosion

Stacks – Layer-1 blockchain to connect smart contracts and decentralized application to Bitcoin ecosystem

CosmosOffers a solution to PoW (proof-of-work) through simplified system and ecosystem of connected blockchains

THORChain – No.1 Permissionless Decentralized Protocol allowing users easily exchange crypto assets also resulting in very low fees

Uniswap Popular Decentralized Trading Protocol with the role of facilitating the automation processes of DeFi trading known as AMM

Fantom – Known as DAG – Directed Acrylic Graph smart contract platform for Decentralized Finance developers and services

The Graph – Indexing Protocol for querying data for networks like Ethereum and IPFS, powering many applications in DeFi and Web3 ecosystem.

 

3 Bonus Coins

Terra – Terra blockchain and its token coin LUNA has grown rapidly within the last 2 years, showing the big interest

Enjin – As a one of the oldest gaming cryptocurrencies (now GameFi), Enjin network had its own token before the Bitcoin, it’s a huge project

0xIn the last 2 years the ETH network transaction fees were skyrocketing and 0x Protocol devs have been hardly working on solutions

Best Crypto to buy in february 2022

 

Quick Guide to Investing in Cryptocurrencies

The accessibility of crypto investment makes it a popular choice among young investors, but it is not without risk. Most cryptocurrencies and crypto tokens are subject to high volatility. Many retail investors see crypto as too risky, especially for newbies. It is recommended that investors limit their cryptocurrency investments to a small percentage of their portfolio and stick to a traditional retirement plan. Investing in a retirement account is an excellent choice for people who do not have access to retirement benefits.

There are several advantages of  investing in crypto assets, but it is still important to use it responsibly. As with all forms of investing, you must carefully consider your risk profile before investing. The currency market is highly volatile, and investing in it is an ideal long-term strategy. If you are new to cryptocurrency investing, you should start with a small portion of your portfolio. In the long run, it will add a higher degree of diversification to your overall portfolio. However, you should avoid using crypto as a risk mediator. In fact, cryptocurrency is highly volatile, driven by greed and fear, not by quantifiable factors.

 

Investing in crypto should be done with caution. Despite its high volatility, the expected returns are still higher than other asset classes. In addition, there is even a way how to benefit from volatility of the cryptocurrency market and make some significant profit returns while the volatility is very high. Hence, it is imperative to do research and ensure you’re confident in your decision. To make your decision easier, The Motley Fool has listed ten stocks to invest in right now. We own Bitcoin and Ethereum. But we do not recommend you invest in a particular cryptocurrency without evaluating its risk.

Once you’ve decided on a particular cryptocurrency, allocate your new capital strategically. The idea is to reduce the overall risk of the portfolio. It is not necessary to put all of your money in one coin, but dividing it up between high- and low-risk assets can yield higher returns and lower risks. In addition, it helps to diversify your investments with stablecoins, which act as the liquidity for your portfolio. In addition, if you have an understanding of how crypto works, you can invest in it safely.

While the volatility of cryptocurrency is low, it is still a risky investment. The price of a single coin can go up or down by a lot. Therefore, you must understand the risks and diversify your investments with a suitable strategy. As a result, it is better to allocate some of your capital to a crypto investment rather than a whole asset. While crypto is volatile, it will increase the returns of your other investments.

While you can invest in a single cryptocurrency, you should know which coins have more potential. To be safe, you should invest a small portion of your portfolio in a few coins and keep the rest in a stable wallet. You can even buy fractional shares of some of the most popular cryptocurrencies. You will have a higher exposure to a few coins than you do to Bitcoin. Choosing your investments wisely will minimize the risk of losing all of your money.

crypto investing guide for beginners 2022

Click to rate this post!
[Total: 2 Average: 1]
pros and cons of bitcoin and altcoins

What Are Pros and Cons of Investing in Bitcoin and Altcoins
1 (1)

Click to rate this post!
[Total: 1 Average: 1]

Bitcoin is a digital currency that is similar to the traditional FIAT currency such as US Dollar or British Pound but the main difference is that Bitcoin is NOT centralized but rather DEcentralized, which is a significant difference. It runs on the technology called the Blockchain, all the time without a break, and its code is spread in an encrypted way across tens of thousands of computer networks all around the world and its users can transfer their coins anytime to anyone. The most important feature of bitcoin is that its operations are completely irreversible – once you send it to an address, you can’t get it back. Unlike credit cards and conventional online payment systems, you can’t go back and cancel the transaction because it’s data are stored on centralized locations and controlled by a privileged few. Instead, bitcoins are stored across the blockchain using public and private keys and can only be reversible by the sender.

bitcoin crypto and blockchain

While it may be tempting to buy bitcoin with all money you have in a bank, experts suggest keeping your exposure to speculative investments to less than 5% of your overall portfolio, but I would say if you feel, you can invest up to 20%. This means that you should only invest in Bitcoin if you’re confident that it will continue to outperform other investments in the near future more than 100%. If you bought Bitcoin 2 years ago when it traded on an average of $12,000, it’s 400% return right now in the crypto bear market, which is incredible. In other words, don’t buy the currency because it’s hot now. But Buy and Hold on good coins like Ethereum, Solana, Polygon, BNB, or Cardano, just to name a few coins, and don’t let daily price swings influence your investment decision.

Considering the potential upside and downside risks, a few pros and cons of bitcoin investment can help you make an informed decision about whether to hold on to your other altcoins. We know that Bitcoin has limited supply of 21 million units, as well as its increasing user base for the last 5 years, and the market cap of over $900 Billion make it a safe investment. However, bitcoin is expected to outperform many other assets over the next decade, there is a massive opportunity in other cryptocurrencies as well. You can choose your favourite token to invest in based on the projects that you’d like to support since most of the biggest cryptocurrencies are supporting the certain technology behind it.

bitcoin price prediction

So, what are the disadvantages of holding onto your coins?

The downside risk is small compared to the rewards, and the upside is significant.

If you’re thinking of buying bitcoins, be aware of the potential risks and rewards. There are several pros and cons to a cryptocurrency. On the other hand, if you’re looking for a safer investment, it’s not worth taking the risk. However, the risks involved with cryptocurrencies are not the only ones that can go up.

Another disadvantage is that it is not YET fully part of the traditional financial system as the financial regulators will try to discourage the public but secretly buying into the bitcoin and other crypto behind the scenes to gain the position in the fast emerging market such as crypto. When a transaction involves Bitcoin, it doesn’t have to go through governments and banks, and its anonymity is maintained, and of course, authorities and banks don’t like it because without centralized access power it is really hard to control!

This can be beneficial for general public, but it also carries negative aspects with it. It’s important to know that you should not be taking on too much risk when it comes to crypto investments, the portfolio must be accordingly balanced, meaning that you cannot lose a lot of money if the things go wrong.

It’s always your own responsibility to accordingly assess the investment take the risks involved with it.

Bitcoin and crypto adoption

Click to rate this post!
[Total: 1 Average: 1]

Hot Crypto Trading Bots!Test Out the Best Crypto Trading Platform 7 Days Free Trial

Try the best crypto trading platform for automated bot trading and high profit yields. - Bitsgap