Tag Archives: bitcoins

Cryptocurrency For Dummies

More than 2,000 cryptocurrencies currently exist at the time of
writing. Cryptos gained a lot of mainstream hype, when Bitcoin’s value
explode. This surge was nothing compared to the gains of some other
digital assets.These returns are more than what a stock investor could
normally make in a lifetime, and they generated enough interest to
create a true frenzy.

However, the bubble burst at the beginning of 2018, leaving many late
investors, who bought cryptocurrencies at a very high price, at a loss.
That was enough for some newbie investors to label the whole industry a
scam and either give up on investing altogether or go back to
traditional financial assets like stocks. Regardless, the cryptocurrency
market continued evolving, became more stable, and caught the attention
and support of many major financial institutions globally and in the
United States. As more people get their hands on cryptocurrencies, more
sellers feel comfortable accepting them as a payment method, and that’s
how the whole industry can flourish.

What is blockchain?

Blockchain it’s the infrastructure that cryptocurrencies are built on.

The unique thing about cryptocurrency investing and trading is that a
crypto is a cross between an asset (like stocks) and a currency (like
the U.S. dollar.) Analyzing the fundamentals behind a cryptocurrency is
very different from analyzing any other financial asset. The traditional
ways of measuring value don’t work in the crypto industry, mainly
because in many cases the crypto data isn’t stored in a central hub
somewhere. In fact, most cryptocurrencies and their underlying
blockchain are decentralized, which means no central authority is in
charge. Instead, the power is distributed among the members of any given
blockchain or crypto community.

You may have heard of some of the famous cryptocurrencies, like
Bitcoin, but the industry doesn’t end there far from it. And although
the crypto market has a ton of volatility, it also has potential for you
to make real money by investing wisely and developing strategies that
suit your personal risk tolerance. In this article , I tap into the
risks involved in cryptocurrency investing and show you the different
methods you can use to get involved.

The topic of cryptocurrencies and their underlying blockchain
technology can be a bit confusing. That’s why I try my best to keep
Cryptocurrency  For Dummies easily accessible and relatable and free of
intimidating terminology. But it does contain some serious information
about strategy development, risk management, and the whole industry in

It contains a lot of web addresses to get you additional information
about certain topics. Some of the web addresses are affiliate links,
meaning that if you click them and start using a company’s services
through that specific web address, I may earn an affiliate payment for
making the introduction.


Just like anything else in life, cryptocurrencies come with their own
baggage of risk. Whether you trade cryptos, invest in them, or simply
hold on to them for the future, you must assess and understand the risks
beforehand. Some of the most talked-about cryptocurrency risks include
their volatility and lack of regulation. Volatility got especially out
of hand in 2017, when the price of most major cryptocurrencies,
including Bitcoin, skyrocketed above 1,000 percent and then came
crashing down. However, as the cryptocurrency hype has calmed down, the
price fluctuations have become more predictable and followed similar
patterns of stocks and other financial assets. Regulations are another
major topic in the industry. The funny thing is that both lack of
regulation and exposure to regulations can turn into risk events for
cryptocurrency investors. I will create a new article talking more in
details about Risks

Cryptocurrency wallets

There are two type of Wallets one Software which is digital one Hardware Wallets.

The digital one most Exchanges offers them but there are others as well.

Good wallet software has more functionality, including the ability to
back up private keys (encrypted with a passphrase) either to a user’s
hard drive or to a cloud storage server somewhere, to generate one-time
use addresses for privacy, to hold addresses and private keys.

The Hardware Wallet

Private keys are stored in chips on small handheld devices. Two
popular hardware wallets are called ‘Trezor’ and ‘Ledger Nano,’ but
there are others.

These devices are specifically designed to store private keys
securely and only respond to certain pre-programmed requests, for
example, ‘Please sign this transaction,’ and not, ‘Show me the private
key you are storing’. Because the private key is stored on hardware that
is not connected to the internet and can communicate with the outside
world only via a limited set of pre-programmed interfaces, it is much
harder for a hacker to gain access to the private keys.

You can’t get involved in the cryptocurrency market without a crypto wallet.

Making a Plan Before You Jump In

You may just want to buy some cryptocurrencies and save them for
their potential growth in the future. Or you may want to become more of
an active investor and buy or sell cryptocurrencies more regularly to
maximize profit and revenue. Regardless, you must have a plan and a
strategy. Even if your transaction is a one-time thing and you don’t
want to hear anything about your crypto assets for the next ten years,
you still must gain the knowledge necessary to determine things like the
following: What to buy, When to buy, How much to buy, When to sell. I
will make an article regarding that.


Is XRP The New Bitcoin? – Article #1

Is XRP The New Bitcoin? – Article #1

Ripple “XRP” is by far one of the best cryptocurrency to invest in 2021.  There are a variety of reason’s many experts considers XRP to be the next Bitcoin.  At only $1.34 a share, I want to highlight an March 9, 2021 article that appear on Nasdaq.com:

Here’s Why Ripple XRP Could Be the Crypto Option to Own Right Now

As far as cryptocurrencies go, Ripple (CCC:XRP-USD) is a micro-cap option compared to juggernauts Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD).


Source: Shutterstock

That said, investors in XRP appear to like the growth trajectory of this smaller cryptocurrency relative to its larger peers.

Indeed, as any “investment” grows to a formidable size, long-term growth prospects tend to decline.

Those bullish on a growth area ought to focus on the smaller-cap players. That is, if investors think such companies (or in this case, cryptocurrencies) have a shot at growing their influence relative to their peers.

Here’s a look at why XRP stock could be a winner among its peer group for such investors.

Ripple Built for Business

When XRP was initially designed, investors had a goal in mind. Ripple’s founders wanted to create a cryptocurrency designed specifically for real-world use cases. This is an extremely important fact, and one investors need to take seriously.

Personally, my take on cryptocurrencies is that most digital coins don’t have a visible path to becoming a ubiquitous payment method. The case can be made that various digital tokens are certainly a store of value. However, as far as being “currency-like” in common every-day transactions, cryptocurrencies have little utility.

I’m not going to want to be paid in a currency that could appreciate or depreciate by double-digits on a daily basis. Buying that loaf of bread becomes a lot more difficult to do when we’re talking about six or seven decimal places, in the case of Bitcoin.

However, XRP was designed to handle payments. Specifically, XRP solves a key problem in cross-border payments involving two disparate currencies. The XRP decentralized blockchain technology allows for transactions to be settled almost instantaneously.

For those aware of how the SWIFT process works, this technology is a huge upgrade. Having a transaction approved in as little as 3-5 seconds as opposed to 1-5 business days is a real-world upgrade.


Ripplenet a Big Deal

Another key factor to consider is XRP’s existing global payment platform, Ripplenet. This is a decentralized network using XRP’s ledger and the XRP cryptocurrency to provide a global payments platform for users.

This platform is widely used globally and is growing in its influence, though perhaps maybe not to the degree many have expected in recent years.

The advantage of using Ripplenet is mainly related to the transaction headaches caused by international transfers. There’s a lot to do when undertaking a foreign transaction.

Where to buy RPX?

Loading up an account with foreign currency is eliminated with Ripplenet. As is paying a (sometimes hefty) currency exchange fee to a financial institution. Of course, waiting for days to have the transaction cleared can be the most annoying part.

Ripplenet provides businesses with a cheaper and more efficient option. Transactions are settled immediately, and in the local currency on both sides. This is obviously advantageous to large multinational companies and those with cross-border banking needs.

The Bottom Line on Ripple

In general, cryptocurrencies are still nascent in respect to wide-spread usage. However, as I’ve pointed out, the real-world use cases for XRP are attractive.

Accordingly, I think investors with a bit of “fun money” and the inclination to bet on these speculative assets might want to consider Ripple. As far as long-term bets go (and I view all cryptocurrencies as speculative long-term bets), Ripple’s use case is certainly interesting. I like the highly-applicable nature of XRP relative to its crypto peers.

The extent to which XRP continues to grow its share of the ForEx transfer market remains to be seen. However, I like the targeted niche Ripple and XRP operate in right now. This is a cryptocurrency with a purpose.

That said, I’d caution investors to invest only what they can afford to lose in XRP, or any of its competing crypto options right now. It’s impossible to say what the market capitalization of these digital tokens could (or should) be, so trade carefully.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The post Here’s Why Ripple XRP Could Be the Crypto Option to Own Right Now appeared first on InvestorPlace.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

That being said, imagine if you bought 100 shares of “XRP” today.  100 shares x 1.34 = $134.00. Do the math.  If XRP does as good as many expect them to, your $134 investment can easily skyrocket your returns:

If / When XRP hits $50, 100 shares would be worth $5,000

If / When XRP hits $100, 100 shares would equal $10,000

Imagine if / when XRP hits $1,000.  With only 100 share would equal $100,000.  The SKY could be the beginning.  Not even the limit.

Remember, the naysayers said Bitcoin would NEVER make it when it was $1 a share (11 years ago).  Today it is Bitcoin is worth $56,000


Spread the news.  Share this article!

where to buy ripple

Bitcoin Kaufen – Sie möchten also Bitcoin kaufen

 Sie möchten also Bitcoin kaufen, aber Sie haben viele Fragen, wo ist der beste Ort zum Kaufen

es Wo speichere ich es? Und kann ich nur einen Bruchteil davon kaufen? Ich bin Nate Martin und

Wir werden darüber nachgehen, wie man Bitcoin im heutigen zweiminütigen Tutorial kauft, in das Bitcoin-Kauf von Bitcoin kann unterteilt werden

drei einfache Schritte. Holen Sie sich eine Brieftasche, finden Sie Ihre Bitcoin-Adresse und Ihre Bitcoins. Der erste Schritt ist

um deine eigene Bitcoin-Geldbörse zu bekommen. Ein Programm zum Senden, Empfangen und Speichern von Bitcoin. Bitcoin Geldbörsen können

im Großen und Ganzen in zwei Kategorien unterteilt sein. Software-Wallets und Hardware-Wallets. Software-Wallets sind Programme oder Apps, die laufen

auf Ihrem Computer oder Mobilgerät. Hardware Wallets hingegen sind kleine physische Geräte, die sich mit Ihrem verbinden

Computer zum Senden und Empfangen. Bitcoins und sind viel sicherer für die Lagerung, wenn Sie eine kleine Menge von

Bitcoin und ja, Sie können Bruchteile eines Bitcoin für kleinere Beträge kaufen als eine kostenlose Software-Wallet

gut Aber wenn Sie planen, größere Mengen an Bitcoin zu sammeln, ist es sicherer, sie in einer Hardware-Wallet zu speichern

. Sobald Sie Ihre Brieftasche haben, stellen Sie sicher, dass Sie Ihre Bitcoin-Adresse finden. Eine Bitcoin-Adresse ist was Sie

geben Sie aus, wenn Sie möchten, dass Ihnen jemand Bitcoin schickt. Es ist eine lange Reihe von Buchstaben und Zahlen, die beginnen

entweder mit einem oder drei. Okay, jetzt wo du es hinstellen kannst, brauchst du

um zu wissen, wo man es bekommt. Wir empfehlen Ihnen, Ihren Bitcoin an einer Börse zu kaufen, die auch geteilt werden kann

in zwei Kategorien Broker und Handelsplattformen verkaufen Broker Ihnen Bitcoin direkt über einen schnellen und einfachen Prozess, aber

mit höheren Gebühren sind sie hervorragend für Anfänger geeignet. Handelsplattformen verbinden Sie anonym mit Verkäufern und ermöglichen

mehr Handelsoptionen. Handelsplattformen haben viel niedrigere Gebühren als Broker, sind aber besser für erfahrene Benutzer geeignet

Ihr erster Kauf empfehlen wir, mit einem seriösen Makler zu gehen. Schließlich, während einige Börsen die Münzen speichern

für Sie auf ihrer Website sollten Sie sicherstellen, dass Sie sie in Ihre eigene Brieftasche abheben, indem Sie sie senden

an die Bitcoin-Adresse, die Sie in Schritt 2 gefunden haben. Auf diese Weise behältst du die volle Kontrolle über deine Bitcoins

das heutige zweiminütige Tutorial für eine vollständige Liste der empfohlenen Brieftaschen, Broker und Handelsplattformen sowie ausführlich

Schritt-für-Schritt-Anleitungen Schauen Sie sich unbedingt die Links in der Beschreibung unten an. Wenn du das genossen hast

Video lassen Sie uns einen Daumen hoch, abonnieren Sie und klicken Sie auf die Benachrichtigungsglocke, damit Sie keine Bewertung verpassen

, Nachrichtenaktualisierung oder die klarsten Informationen über Bitcoin und Kryptowährungen überall. Ja. Hm. Ja

Comprar Bitcoin con Tarjeta de Crédito o Débito

Por lo que quieres comprar Bitcoin pero tienes muchas preguntas, donde es el mejor lugar para comprar

¿Dónde lo guardo? ¿Y puedo comprar sólo una fracción de ella? Yo soy Nate Martin y

Sigamos cómo comprar Bitcoin en el tutorial de dos minutos de hoy sobre cómo comprar Bitcoin

Tres sencillos pasos. Consigue una billetera, encuentra tu dirección Bitcoin y para tu Bitcoin. El primer paso es

Un programa para enviar, recibir y almacenar Bitcoin para recibir tu propia billetera Bitcoin puede billeteras Bitcoin

aproximadamente dividido en dos categorías. Cartera de software y billetera de hardware. Carteras de software son programas o aplicaciones que se ejecutan

en su computadora o dispositivo móvil. Los bolsillos de hardware, por otro lado, son pequeños dispositivos físicos que se conectan a tu

para enviar y recibir a un equipo. bitcoins y si estás comprando una pequeña cantidad de ella son mucho más seguros para el almacenamiento

Bitcoin y sí puedes comprar fracción de un Bitcoin por cantidades más pequeñas que una billetera freeware solo lo hará

Bueno. Pero si planeas depositar grandes cantidades de bitcoin, es seguro almacenarlo en una billetera de hardware.

. Una vez que tengas tu billetera, asegúrate de encontrar tu dirección Bitcoin. Un Bitcoin sabe qué

Regala cuando quieras que alguien te envíe Bitcoin. Esta es una larga cadena de letras y números que

ya sea con uno o tres. De acuerdo, ahora tienes un lugar para ponerlo, necesitas

para saber dónde conseguirlo. Te asesoramos una compra de tu Bitcoin en los intercambios de divisas también se puede dividir

En dos categorías de brokers y plataformas de trading, los corredores te venden Bitcoin directamente a través de un proceso rápido y fácil, pero

Con altas tarifas, son extremadamente adecuados para principiantes. Plataformas de trading te conectan anónimamente con proveedores y

Más opciones de negocio. Las plataformas de trading tienen tasas mucho más bajas que los brokers, pero son más adecuadas para usuarios con más experiencia

Tu primera compra, te recomendamos que vayas con un broker de buena reputación. Por último, mientras que algunos intercambios almacenarán monedas

Para ti en tu sitio, te gustaría asegurarte de retirarlos a tu propia cartera enviándolos

a la dirección bitcoin que encontraste en el paso dos. De esta manera mantendrás el control total de tus Bitcoins, los cuales

El tutorial de dos minutos de hoy para una lista completa de carteras, brokers y plataformas de trading recomendadas así como en profundidad

Guía paso a paso. Asegúrese de mirar el enlace en los detalles que aparecen a continuación. Si has disfrutado de este

Suscríbete video déjanos un pulgar y haz click en la campana de notificación para que no te pierdas una reseña

, actualizaciones de noticias o información clara sobre Bitcoin y criptomonedas en cualquier lugar. Sí. MHM. Sí.