Bitcoin Investing

How Many People Use Bitcoin? Updated for 2018

How Many People Use Bitcoin? Updated for 2018

In 2017, bitcoin not only experienced a massive 1,900 percent rally to hit an all-time high of over $20,000, it also managed to finally become a mainstream investment for the masses. Bitcoin can now also be traded on two leading US derivatives exchanges, the CBOE and the CME, in the […]

Best Bitcoin Miners, Rated and Reviewed

Best Bitcoin Miners, Rated and Reviewed

The best bitcoin miners are hard to find because demand for them is so high. Manufacturers sell out quickly, and marketplaces such as eBay and Amazon often list popular bitcoin miners at double or triple the manufacturers’ price. Here is a look at two of the best bitcoin miners and a review […]

5 Ways to Earn Bitcoin

5 Ways to Earn Bitcoin

It is a common truth that everyone wants something for nothing. This extends to bitcoin, which, at over $14,000 per coin, is one of the world’s most valued commodities. The bitcoin community is always thinking of potential ways to acquire bitcoin for free. Earning bitcoin for “free” does not mean […]

Should I Buy Bitcoin? The Pros and Cons

Should I Buy Bitcoin? The Pros and Cons

When asked whether a person should buy bitcoin, different experts offer different answers: Carl Richards, whose essays and sketches appear in the New York Times under the moniker “Sketch Guy,” urges would-be bitcoin investors to ask if buying bitcoin would be investing or speculating on a commodity bubble. JPMorgan Chase […]

Best Bitcoin Trading Platforms

Best Bitcoin Trading Platforms

There are many bitcoin trading platforms that you can use to trade bitcoin. With this in mind, it can be somewhat challenging for those new to bitcoin to ascertain which exchanges will most likely meet their bitcoin trading needs. To help you find the digital currency exchange that will best […]

Should You Borrow Money to Buy Bitcoin?

Should You Borrow Money to Buy Bitcoin?

Borrowing money to buy bitcoin is a perilous undertaking with tremendous risks. What if you borrow $19,000 to buy one bitcoin, but BTC suddenly drops to $10,000? You still have to pay back the $19,000 with interest and your asset has lost nearly half its value. These kinds of declines, […]

Bitcoin Explained: 3 Easy Analogies for Understanding Bitcoin

Bitcoin Explained: 3 Easy Analogies for Understanding Bitcoin

I’ve been drinking a lot of coffee lately with a lot of financial advisors and wealth managers who want to know about bitcoin. The first question they ask me is, “Why are your teeth vibrating?” (Answer: I’ve been drinking a lot of coffee lately.) After that, here are the top […]

How Do Bitcoin Futures Work?

How Do Bitcoin Futures Work?

In December 2017, bitcoin futures were introduced on two leading derivatives exchanges in the US, the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE). The approval of bitcoin futures by the US Commodity Futures Trading Commission (CFTC) has given the digital currency bitcoin the final stamp of […]

Bitcoin vs. the Top 10 Altcoins by Market Cap

Bitcoin vs. the Top 10 Altcoins by Market Cap

Bitcoin is the leading digital currency measured by market capitalization as well as value. At the time of writing, one bitcoin is worth over $15,000 and its market capitalization is over $260 billion. While bitcoin has managed to maintain its leadership position in the digital currency space, there are several […]

Bitcoin vs. Litecoin, Ethereum, Ripple, and Dash

Bitcoin vs. Litecoin, Ethereum, Ripple, and Dash

Bitcoin is the oldest and most popular digital currency in the market. However, there are over 1000 other digital currencies (known as “altcoins”) that can be also purchased and held as an investment. In this guide, we’ll compare four of the most popular altcoins with bitcoin, so you can become […]