I'm using a crypto trading bot, quite risky business, to try to earn some "easy" money (read:it's never easy, and full of risks), and I was talking to some other members there about what makes sense and what not. Not unexpectedly there's a number of people there that doesn't seem to understand the difference between investment, reinvestment via compounding, etc, or simple percentage calculations. And then someone asked me that if I know it all, why am I investing in the bot not trading myself in hopes to earn aroun... continue reading
Mining Bitcoin earned people a lot of money some years ago. These days not so much, at least for now. For mining activities special hardware has been created that is more powerful and is able to mine more. ASIC microschips are probably at least 100x better at mining bitcoin than any of the other GPUs. Additionally you also need cheap electricity.
In general, it's not a good idea to try mining Bitcoin with your regular laptop without an ASIC chip because your laptop is definitely underpowered. There are many peop... continue reading
The price of Bitcoin is extremely volatile. Just two days ago in gained around 10% in value. Compared to December 2017 the price is still more than $10k lower. But where will Bitcoin be by end of 2018? There are many predictions by a number of "experts".
First of all, the main thing that is being estimated is that the price will grow instead of going down. The lowest prediction is around $3400 (meaning Bitcoin would have to lose around half of its current value), but that's unlikely to happen if we take account... continue reading
Should you be investing in Bitcoin now? The answer is probably yes. While all cryptocurrencies are very volatile and truth be told, anything can happen, there's a good chance Bitcoin is now going to start gaining in value again.
Potential to grow
Most of the time, while Bitcoin can lose 2x the value it has overnight, its value can go up in a short time frame, think of a few months, 100 times. And that's based on experience. While right now there are estimations that the price of Bitcoin could go up to 25k or 50... continue reading
If you're into crypto and interested in bitcoin gambling, independent of the fact that cryptocurrency market is probably the most volatile one of all even without gambling, the best bitcoin gambling sites will give you everything you need. If you want to start online gambling with bitcoin, it's no different from gambling with any other currency, you just need to have a cryptocurrency wallet to deposit with. It would also be a smart idea to buy your bitcoin when the market is down, and withdraw your bitcoin gambling... continue reading
While the crypto market is full of bears and the market is at its lowest since around April, there are lots of worried people in the market who are still holding on to it in hopes it will soon start climbing again. The public interest towards crypto is probably the lowest it's been since September. Which means that there's a reason to worry, but it also means it's a good time to invest in crypto market.
When it comes to financial markets, Warren Buffet has said that you should be "Fearful when others are greedy ... continue reading
These three coins - Bitcoin, Etherum, and Litecoin, could be considered the most popular coins right now. Will it stay that way, we'll see. But what can be expected in case of their value?
Bitcoin, although it has limited supply, might actually gain value just because of that due to the simple logic of supply and demand. It's also one coin that has been accepted the most.
Etherum is starting to gain more and more recognition, partly because of many ICOs that have been built on Etherum. Etherum also has more ... continue reading
While Bitcoin continues to be the world's biggest and most popular cryptocurrency, and maybe that won't change any time soon, there might be three cryptocoins that have the potential to replace Bitcoin. They are Iota, Skycoin.
Why might they be the coins on the future? The main reason is that their tech might be way better. The platforms of these coins have zero fees, instant transactions, their energy usage is nothing compared to Bitcoin, and their scalability is kind of infinite.
Skycoin is currently still... continue reading
Cryptocurrency market has always been rather unpredictable but if we look at the current situation on the market, one of the main reasons of the current drop in prices is confusion and uncertainty on how governments are planning to regulate the market and digital currencies.
However, there will probably be at least slightly more clarity after June 13 when The US Securities and Exchange Commission is holding the SEC investor Conference in Atlanta where issues regarding regulation in the cryptocurrency field will ... continue reading
While Bitcoin and also most of the other cryptocurrencies are currently not doing very well, is it still worth investing in crypto?
Back in December 2017 the price of Bitcoin reached its new high of almost $20k, but since then it's now down to around $7500. Pretty much the same applies to many if not most other cryptocurrencies. Some people could say that the crypto bubble is over and done with, but that's not likely. And if that's not the case, right now might actually be the best time to invest in crypto curre... continue reading
IMPORTANT STATUS UPDATE: Don't invest anything here (CryptoTrading bot), this bot is gone.
PS: If you want to know how much you could earn, use our compound return calculator.
There are a lot of different cryptocurrency trading bots out there, one promising better returns than the other, but whether any of them are legit and offer real returns instead of scamming you out of your money, it's often way too difficult to figure out without testing it yourself.
According to a good friend of mine, roughly 99... continue reading
In the beginning of January 2018 I made some research online to see which cryptocurrencies I could/should be buying, which cryptocurrency might have the most potential to make some good money by the end of the year. My list looked like this - Monero, Neo, Cardano, Ripple, Iota, Bitcoin cash, Ethereum, Aragon, Blocktix, Litecoin, Raiden, Synereo, Electroneum, Zcash, Dash, Request, OmiseGO, RaiBlocks.
Now, a bit more than 5 months later, let's see what has happened to all of them.
In the beginning of t... continue reading
Consensus 2018 is the 4th annual blockchain technology summit which is happening now in New York Hilton Midtown (started yesterday May 14, ending tomorrow May 16). It features 250 plus speakers and has 4000 plus attendees from financial institutions (AMRO, ABN, Scotiabank, and Citi), investors (CME Ventures), tech leaders (Microsoft, IBM), industry startups as well as academic and policy groups.
Why is the event crucial to cryptocurrency prices?
The three-day event is there to discuss anything and everything ab... continue reading