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The crypto trend: Is it here to stay

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The crypto trend

The story of Cryptocurrency and why it is here to stay 

Cryptocurrency is the “new” investment trend that everyone is talking about at the moment. Elon Musk was talking about it on Saturday Night Live, companies are starting to accept Cryptocurrency as payment, and you can now buy it on your phone. 

You’re probably wondering what Cryptocurrency is, where this trend has suddenly appeared from, and how long it will be sticking around? Will it be a passing trend, or like the Internet, is it something that is worth investing in before it gets too big?

Today, we will be answering all of those questions for you. 

What is Cryptocurrency? 

Cryptocurrency is a form of currency that is not affiliated with any government. It is a type of digital asset that can be bought, collected, and sold at the push of a button. 

Cryptocurrency has no physical form, instead, its code is stored in blockchains. These blockchains are run by computers across the world. The way these blockchains are stored means that they do not fall under the jurisdiction of one country and won’t unless one country claims sovereignty over the Internet. 

Because no government has jurisdiction over Cryptocurrency, it is unregulated. This allows for the opportunity for buyers to get good deals when buying Cryptocurrency but it also means there are no laws to protect them if their Cryptocurrency is stolen or they are involved in a scam. 

The History of Cryptocurrency 

The concept of Cryptocurrency has been around for decades, but it wasn’t put into practice until the technology became powerful enough to realize the idea.

Before Cryptocurrency  

The first step toward Cryptocurrency happened in the 1980s when David Chaum invented a series of code called “the blinding algorithm”. The code allows information to be exchanged but not edited. Without this online banking and other forms of online trading would not be possible. 

In the mid-1990s, a software engineer called Wei Dai released a paper on the topic of b-money. While not exactly being what we know as Cryptocurrency today, a lot of b-money’s traits are visible in modern Cryptocurrency. 

B-money was never actually created but the paper led to the birth of Paypal – the first real online money trading platform. Which in turn paved the way for the creation of Bitcoin – what many consider to be the first proper Cryptocurrency. 

Bitcoin and the start of Cryptocurrency 

The four characteristics of a modern Cryptocurrency are: 

  • Built-in scarcity 
  • Records kept in the blockchain 
  • User anonymity 
  • Decentralized control (i.e. not run by a government or central bank) 

Bitcoin was the first Cryptocurrency to combine all four of these elements. Its creation heralded the start of the Cryptocurrency era. 

We do not know who created Bitcoin, however, they used the pseudonym Satoshi Nakamoto in a paper they published about the coin in 2008. The coin was then launched in 2009. Within a year around a dozen more Cryptocurrencies had been created. Now there are thousands of Cryptocurrencies on the market. 

Most people think that Cryptocurrency is something that has only come about in the last few years, but it has been theorized about for around 40 years and has existed for at least a decade. 

If you had bought one Bitcoin in 2009 it would have cost you 10 cents, doing the same now would cost you $66,623.50.

What is the Future of Cryptocurrency?  

In the last few years, the Cryptocurrency market has seen a huge boom. With some coins going up in value by millions of percentage points. 

Cryptocurrency was supposedly created to give everyday people access to an asset acquiring platform like the stock market. However, many coins are now reaching prices that would lock most people out of the market. So, what is the future of Cryptocurrency

Well, we can tell you one thing – the market isn’t going anywhere and we may even reach a point in the future where you can pay for some of the things you shop for with Cryptocurrency. 

Because Cryptocurrencies come in limited amounts, some currencies are only going to get more valuable. But, don’t worry, you won’t be locked out of the market as new Cryptocurrencies are arriving on the market everyday. 

All you have to do is pick out the right coin before it goes “to the moon” (gets popular). But, how can you tell what is going to be worth investing in? Well, that is where the risk comes in. That is a choice you will have to make for yourself. 

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Know the superlative manners to invest in REITs

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Know the superlative manners to invest in REITs

REITs are a long-term solution for all investors looking for dividend income and evolution. REITs – Real Estate Investment Trusts – had turned in annual returns of up to 9.8 percent by January 2022, on completion of 10 years. This compares well to the average return of 10 percent over market time. REITs are known for their passionate dividends, providing investors with stability at a tough time in the cash income market. The REIT market offers you the highest returns. The payments made by it make them popular, especially for those who are old investors in it. If you are interested in bitcoin trading check the bitcoin and the future of digital payments.

In this article, we have explained some ways to invest in REITs, how to make money from them as well as what are their advantages and disadvantages.

Some Ways to Invest in REITs

We show you 3 ways to easily enter the REIT game. For some of which you will need a brokerage account.

Non-Business REITs

This is the one through which you can hold ground: If you’re going about doing your business publicly, it’ll be like companies, and it’s registered with the SEC. Note that this is like a private REIT, and it does not trade on major exchanges. Because it is registered, quarterly and year-end filings are made available to the REIT. REITs are also called public unlisted.

Risks: REITs may charge you management fees, and like private REITs, are managed externally, with potential conflicts of interest in the investment. Non-commercial REITs are seen to be more liquid when compared to private REITs and non-commercial REITs. If you ever need it abruptly, you will seek it rugged to get the money back.

REIT Preferred Stock

REITs are an unusual type of stock, performing more functions if a stock is compared to a bond. This stock is like a bond, with preferred stock paying regular cash dividends and having a fixed par value that is redeemable. Like bonds, most preferred stocks tend to move with interest rates. Preferred stock for its cash dividends does not share profits with the company, which means it is unlikely to exceed the price at which it is issued. The dividend value likely accounts for the annual return for the investor, that is, unless the preferred stock was purchased at a discount to the par value. Considered the exact opposite of a REIT, because the stock tends to appreciate over time.

Risk: Preferred stock is seen to be much less volatile than common stock, meaning that the price can be similar to that of common stock. Preferred stock has been shown to rise significantly with interest rates, which can cause losses to preferred stock. Preferred stock is placed above all other stocks in the capital structure, which means that the dividend is the first to receive dividends from the stock. but only if interest is received in respect of the company’s bonds.

Private REIT

There are many other distinct features of REITs, private REITs never trade on the same exchange and are not registered with the US Exchange Commission and the Securities and Exchange Commission, which is because it is not registered, so it requires a high level of information for investors. Not required as much as any public company would do. Private REITs are sold only to institutional investors.
Risk: Private REITs are fairly liquid, which means it’s hard to access your money whenever you need it. Second, it is not registered, as well as the need for a policy associated with corporate governance for private REITs. That is, management can do certain things with the team without showing conflicts of interest and showing up to an oversight.

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How to sell BTC And Convert BTC to Other Currency

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If you have bought bitcoin a while back and are looking to sell bitcoin to make more profit, there are 4 different ways to sell your crypto tokens. If you are interested in bitcoin trading, visit site to acquire an utter guide to crypto trading.

Here are 4 Easy Ways how to sell Bitcoin (BTC)

1. Bitcoin ATMs

Although there are over 50,544 bitcoin ATMs in the US, not all ATMs are two-way. To sell cryptocurrency through a bitcoin ATM, you must first remain anonymous and not register with any cryptocurrency exchange. 

In the US, bitcoin ATM vendors such as LocalCoin and Instacoin are spread everywhere. To sell cryptocurrency, go to your nearest ATM, and enter the amount of bitcoin at that ATM, and then you need to transfer the bitcoin to the ATM’s bitcoin address. You need to get instant cash for your bitcoins. Most daily sales limits vary greatly from the seller to seller.

2. Online exchanges

If you have bought bitcoins on a cryptocurrency exchange, and are thinking of selling them, here is the easiest and most convenient way.

Has Been Described Below:

  • Coinsquare

You can easily transfer your crypto wallet to Coinsquare wallet address and also choose the instant trade choice. Click on the ‘Sell BTC’ button and then select the fiat currency you wish to trade bitcoins with and then enter the number of bitcoins you wish to sell and proceed. The sale is almost complete after which click on the ‘Withdraw’ option and proceed to withdraw your funds.

  • Coinberry

On Coinberry you can buy bitcoin as well as other cryptocurrencies, the process of selling bitcoins at Coinberry is very simple. After transferring the bitcoins to the Coinberry wallet address, click on the Buy/Sell option at the top of the screen. once you click Enter the number of bitcoins you wish to sell and then click on the ‘Preview Order’ button. Click on the ‘Sell Now’ button to complete the transaction immediately. You can withdraw cash to your bank account by clicking on the Withdrawal option given at the top of the screen.

  • Kraken

Kraken is advised to be one of the largest Euro-denominated crypto exchanges based in the US, it was recognized in the year 2011. It is considered suitable for both beginner traders and advanced traders as well as being able to provide a lot of liquidity to the users considering its wide user base. It supports Bitcoin Cash, Dash, Litecoin, BTC, ETH, EOS, and many other popular cryptos. It has low withdrawal and coinsurance fees, plus it supports the Canadian dollar. It is a fairly easy process for Canadian residents to cash crypto into banks.

3. Over-the-counter (OTC) solutions

To sell cryptocurrency over OTC, go to the OTC bitcoin desk, select a valid OTC bitcoin trading platform, and then fund your OTC account with bitcoin. If you are looking to sell bitcoins worth more than C $25k, then OTC trading could be a good option for you. To get the live quote you need to negotiate the price, contact the broker and allow the broker to trade. Once the trade is executed you will receive the money in your bank account. Alternatively, crypto tokens can be sold in traditional markets such as Kijiji and Craigslist. First, you have to post an ad, and then meet in person with the buyer, and receive cash from that person after sending bitcoins to their wallet address.

Conclusion

It is very easy to sell cryptocurrencies on any exchange. Even if you have a bitcoin ATM and don’t want to register with any exchange, you can easily sell bitcoin tokens with bitcoin ATMs.

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Cryptocurrency: What You Should Know Before Investing in It

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Cryptocurrency

In recent years, cryptocurrency has become a hot topic for investors. Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin have seen their values skyrocket, and as a result, more and more people are becoming interested in investing in them. Cryptocurrency is decentralized. That means it isn’t subject to government or financial institution control. This makes it appealing to some users who want more financial freedom.

Each cryptocurrency has its own features, benefits, and risks. If you’re interested in learning more about cryptocurrency and investing in it, keep reading! We’ll explain everything you need to know about this exciting form of digital currency.

What is Cryptocurrency and How Does it Work?

As cryptocurrency becomes more popular, it’s important to understand what it is and how it works. Cryptocurrency is a digital currency.  It uses cryptography to secure its transactions and control the creation of new units. Transactions are verified by network nodes by cryptography. It is recorded in a public dispersed ledger called a blockchain. 

Cryptocurrency can be used to purchase goods and services, or exchanged for other cryptocurrencies or fiat currencies. Because of its decentralized nature, cryptocurrency is not subject to government or financial institution control. This makes it an attractive option for those looking for an alternative to traditional currency systems.

What Is Blockchain Technology?

Blockchain technology is a decentralized database that may be accessed by the computer network’s nodes. The advantage of a blockchain is that it provides a higher level of security and veracity for a record of data. Blockchain technology is unique in that there is no need for a third party or central authority to approve transactions. 

The Three Pillars of Blockchain Technology are Decentralization, Security, and Scalability.

How to Buy Cryptocurrency Safely

There are several different ways to buy cryptocurrencies, each with its own advantages and disadvantages. If you are new to the world of cryptocurrencies and looking for ways to buy cryptocurrencies, here are the 2 most popular ways:

Crypto exchange – A cryptocurrency exchange is a website where you can buy, sell or trade cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. Cryptocurrency exchanges are necessary to convert one type of currency into another so that people can buy and sell goods and services with ease. Many exchanges also offer wallets for storing cryptocurrencies.

Cryptocurrency Broker

Cryptocurrency Broker – Cryptocurrency brokers simplify the process of obtaining cryptocurrency by providing simple interfaces. While some brokers charge more than exchanges, others claim that they are working “free”. They only make money by selling information. 

How to Track Digital Assets from One Place

The next important thing that you need to know before investing in cryptocurrency is how to track digital assets.

Imagine you could track all of your digital assets from one place. With egg.fi platform this is now a reality. This platform provides a user-friendly defi dashboard, with the opportunity to add additional wallets from any of the 5 following blockchains – 

  • Ethereum
  • Polygon
  • Avalanche
  • BSC
  • Solana 

Whether you are just starting out in the world of digital assets or are a seasoned investor, web3 superapp can be the best solution for you.

The Most Famous Cryptocurrencies

There are different types of cryptocurrencies. So which one should you choose? Here are some of the most popular types of cryptocurrencies and what they have to offer.

Bitcoin (BTC) 

Bitcoin is a digital payment system. Bitcoin is unique in that there are a finite number of them: 21 million.  Satoshi Nakamoto conceived Bitcoin as a currency that did not fall under the control of the government or financial institutions and was used as a global currency.

Ethereum (ETH)

ETH is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference. Ethereum is powered by Ether, a cryptocurrency whose value is determined by the market. Ethereum was created in 2015 by Vitalik Buterin and has since grown to be the second-largest cryptocurrency after Bitcoin. Ethereum’s popularity stems from its potential for applications beyond simple financial transactions. For example, ETH can be used to create self-enforcing smart contracts for the secure storage of data or digital assets. As Ethereum continues to grow in popularity, its value is sure to rise.

Litecoin (LTC)

Litecoin (LTC) is a decentralized digital currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it uses the “scrypt” as a proof of work, has a higher maximum supply of 84 million coins, and has a faster block generation time of 2.5 minutes.

Litecoin is one of the most popular digital currencies and is often compared to Bitcoin. Some key differences between Litecoin and Bitcoin include: 

Litecoin uses “scrypt” as a proof of work algorithm, whereas Bitcoin uses “SHA-256”. 

Bottom Line

Cryptocurrency is a very speculative area of the market, but many smart investors have chosen to invest their money in cryptocurrencies. And if you are thinking about investing, you’ll need to create a strategy to help maximize your returns. However, for beginners who want to start trading cryptocurrencies, the best advice is to start small.

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