Month: August 2017

How to Buy Bitcoin with a Credit Card

How to Buy Bitcoin with a Credit Card

According to the Cambridge Center for Alternative Finance, there are three million altcoin users worldwide as of May 2017. “Cryptocurrencies such as bitcoin have been seen by some as merely a passing fad or insignificant, but that view is increasingly at odds with the data we are observing,” said Dr. […]

Trade Bitcoin vs. Buy and Hold? How to Decide

Trade Bitcoin vs. Buy and Hold? How to Decide

In the YouTube video “Should You Trade Bitcoin or Just Buy & Hold,” altcoin entrepreneur and evangelist Chris Dunn answers the question of whether it is a better strategy to trade bitcoin or to ride out the epic valuation growth of the digital currency and hold your bitcoin. With speculation that […]

What is Bitcoin’s Price Correlation With Other Digital Currencies?

What is Bitcoin’s Price Correlation With Other Digital Currencies?

What is bitcoin’s price correlation with other digital currencies? By learning more about the price correlations between bitcoin and other top altcoins, you will be better prepared to incorporate these digital assets into a diversified portfolio. While some liken diversification to not putting all your eggs in one basket, there […]

How to Use Price Alerts for Bitcoin Investing

How to Use Price Alerts for Bitcoin Investing

There are many different ways to manage potential losses, but one of the best ways is through price alerts. You can receive these alerts, which notify you when bitcoin prices reach a certain level, through several mediums including email, SMS, and push notifications.  Some exchanges, including GDAX and Kraken, offer […]

Is Bitcoin a Better Safe Haven Investment Than Gold?

Is Bitcoin a Better Safe Haven Investment Than Gold?

In the aftermath of the global financial crisis in 2008, the allure of so-called “safe haven” assets grew tremendously.  Gold is widely considered to be the go-to safe haven asset in times of market turmoil and has become a very popular asset class over the years. However, recent history suggests […]

How Does the SEC’s ICO Ruling Affect Bitcoin?

How Does the SEC’s ICO Ruling Affect Bitcoin?

Following the July 2017 SEC ruling that tokens sold by distributed organization The DAO were indeed securities, many investors may be wondering how this decision could affect both bitcoin and the broader digital currency space. This ruling could have significant implications for anyone looking to hold a “token sale” or […]

How to Make Money by Lending Bitcoin

How to Make Money by Lending Bitcoin

Interested in a low-risk way to make money? By lending bitcoin to margin traders, you may be able to generate a steady stream of passive income. In exchange for the opportunity to trade using your funds, investors will pay you interest. To get started, you will need to familiarize yourself […]

Investment Ideas: 3 Industries That Bitcoin is Disrupting

Investment Ideas: 3 Industries That Bitcoin is Disrupting

The digital currency bitcoin has taken the world by storm. More and more individuals are buying bitcoin as an investment. However, bitcoin is more than just an investment opportunity. As a global decentralized peer-to-peer payment network, bitcoin is disrupting several major industries including banking, international remittances, and online gambling. This, […]

5 Rules for New Bitcoin Traders and Investors

5 Rules for New Bitcoin Traders and Investors

In the YouTube video, “5 Cryptocurrency Lessons for New Traders & Investors,” altcoin entrepreneur and evangelist Chris Dunn outlines his five lessons for new traders. Arguing that the altcoin market is currently the most welcoming for new investors, Dunn offers advice on avoiding hype and temptation in order to maximize […]

Bitcoin vs. Gold: Which is the Better Investment for You?

Bitcoin vs. Gold: Which is the Better Investment for You?

Some have described bitcoin as “digital gold,” noting the similarities of the digital currency and the precious metal. Their similarities include: Scarcity One major similarity is that bitcoin and gold are both scarce resources. However, bitcoin’s supply is known. Thus far, 16.5 million bitcoin have been mined, and only 21 […]