The Profit Revolution: The Best Bitcoin Trading And Investing Platform

Published on: 05 November 2019 Last Updated on: 11 November 2019
Bitcoin Trading

Ever since Bitcoin first emerged on the scene, it has been able to polarize opinions, make millionaires overnight, and create secure Blockchain technology. It has also managed to make the world leaders stand up and take notice, obstruct and demonize a democratic and open call for mass equality.

The earliest investors in Bitcoin became billionaires in no time. They went from being your average kids to billionaires and millionaires driving supercars and buying villas in downtown LA. However, Bitcoin and other cryptocurrencies came under severe criticisms. From funding terrorists and notorious arms deals to sex trafficking and other evils, world leaders left no stone unturned in opposing the biggest challenge to the global economic and financial order ever.

In this article, we will not be looking at the philosophical aspects of Bitcoin or its impacts. We will be looking at how investing in Bitcoins can help you earn handsomely and make the practice a sustainable professional practice.

Bitcoin Trading and Investing: Which Platforms to work on?

Bitcoin Trading and Investing

If you are confused about why you will need a Bitcoin Trading Platform, let me clear the air on that one. A bitcoin trading and investing platform work in exactly the same fashion as a share or stock platform. The platform helps you with real-time calculations, suggestions, data and financial expert services at all times.

All of the above factors help you make the right informed decision at all times. This minimizes the risk of losses that are the frequent complaints of many a Bitcoin investor. We need to acknowledge the fact that Bitcoin trading has seen its fair share of difficulties. To help you tide over such uncertainties, you need a financial expert that can guide you with the right kind of information.

Imagine a situation where you had bought some Bitcoins in early 2018. I am sure all of you remember the depths to which the valuation fell in late 2018. 90% of people who owned Bitcoins sold them and exited their investments. However, the people who bought them at those crashed prices held on to them and saw their value increase to nearly $10000 USD in October 2019.

Why should I use the Profit Revolution?

There is no doubt that the Profit Revolution is one of the most attractive trading platforms in the digital currency world today. Let us look at some of the factors that make them an immediate choice-

1. The Human Factor (24×7 Financial Expert Consultation):

One of the best features of the Profit Revolution platform is the Expert Financial Help on offer 24×7. You can talk to an expert at a time of your convenience from anywhere in the world. Automation is good, but if you have a human element guiding you at all steps of your journey, you definitely feel more reassured.

2. Data and Automation to drive Decision Making:

The biggest financial institutions and stockbroking firms use sophisticated AI and Machine Learning to compute data and inform decision-making. Profit Revolution uses the same tech and helps you see how the markets at behaving at all times. They also show projections, trends and offer suggestions on which stocks you should be moving on.

3. Instant Monetization Benefits:

Yes, there are other platforms as well. However, the worst criticism of them is that they have several hindrances when it comes to withdrawing funds. On Profit Revolution, you can withdraw the funds instantly from your linked Bank Account. It is as simple as that. No time stipulations, no minimum balance maintenance, and no extra paperwork.

Conclusion:

If you are looking to invest in Bitcoins, you should check out the Profit Revolution platform. It is easy, convenient and offers complete security at all times. 2019 is perhaps the right time to invest in Bitcoins. Several experts are of the view that the valuation is likely to hit $15000 in early 2020. What are you waiting for?

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Crypto Staking

Crypto Staking: Locking Up Crypto Holdings To Earn Interest

Staking cryptocurrency is a growing trend since it allows individuals to generate passive income from their existing cryptocurrency holdings. Making money in the crypto space can be done in several ways. You can join in DeFi and stake your cryptocurrencies, acquire and keep coins with the expectation of price appreciation, or trade on price speculation via crypto CFDs. In this post, we will define staking and walk you through the steps necessary to begin staking your own coins. What Is Crypto Staking? How Does Staking In Crypto Work? By "locking up" assets to maintain the integrity of a cryptocurrency network, "staking" allows users to receive a passive income from their cryptocurrency holdings without ever having to sell their coins. Investing in cryptocurrency through staking is equivalent to putting money into a high-interest savings account. Staking allows cryptocurrency networks to obtain consensus on the status of transactions via a proof of stake mechanism, with the tokens themselves acting as a kind of internal security rather than the computer power and electricity consumed by the network. This is demonstrated by the success of proof-of-stake cryptocurrencies like Cardano, Solana, and Polkadot in the cryptocurrency market. These networks are able to process a high volume of transactions with low transaction fees because of the various staking mechanisms they employ. Blockchain infrastructures benefit from this because they become more adaptable, affordable to users, and eco-friendly. Besides improving cryptocurrency's safety, scalability, and efficiency, staking lets its owners make passive revenue. To maximize their returns, many long-term holders are taking advantage of staking rewards. Staking, however, has some negatives, such as a reduced ability to sell assets swiftly in the event of a market downturn. The network chooses validators according to the number and age of tokens they have staked. Staking more tokens for a longer period of time increases the likelihood of getting chosen as a validator. Users that have a lesser portion of tokens have a decreased likelihood of contributing to the network's security and earning incentives as a result of their participation. Because of this, users with a lower stake make use of staking pools so that they can take part in the network. Staking Pool Definition To increase their chances of being chosen to validate blocks and receive block rewards, cryptocurrency network users can form staking pools by pooling their funds with other users. Those who have stakes in the pool receive a proportional share of the block reward based on the sum of stakes they own. Staking pools, therefore, often result in lower payouts than individual staking. In contrast to the reliable and predictable payouts from staking pools, solo staking involves a significant investment in the crypto network. Operators of staking pools, typically cryptocurrency exchanges, are in charge of maintaining the network's validator nodes. Participants in the pool are obligated to store their funds at a predetermined public blockchain address. The pool has a nominal price for this convenience. Other options enable users to stake money from their wallets directly into pools. Cold staking is one method that allows users to participate in pools while still using their hardware wallet. Users who don't feel comfortable managing and running their own node but still want to contribute to the security of the cryptocurrency network can do so through staking pools. Why Is Staking Limited To Some Cryptocurrencies? Whether or not a cryptocurrency network supports staking depends on the consensus process used. Many cryptocurrencies, including Bitcoin and Litecoin, are not stackable because of the consensus method they employ. The double-spending issue that plagued early attempts with digital currency is resolved by crypto networks thanks to their consensus processes. These consensus procedures are resilient in the face of opposition because of the careful economics they employ. The economics of the first cryptocurrency networks relied on mining, the mechanism through which nodes competed to solve cryptographic challenges with computational power. Tokens and transaction fees are awarded to the node that verifies the right set of transactions and solves the cryptographic issue first. Bitcoin mining has come under fire due to concerns over its impact on the world's energy supply. Later, in 2012, Peercoin's developer presented the notion of staking as a solution to the problems with the proof of work consensus mechanism. By risking their tokens, nodes demonstrate their support for the right set of transactions without having to solve complicated cryptographic challenges. Staking is only possible in cryptocurrencies because only they use this particular consensus methodology. However, in order to attain consensus, several cryptocurrencies use a hybrid approach, combining proof of stake with proof of work. Bitcoin and Litecoin are examples of very straightforward cryptocurrency networks that can function adequately using proof of work. Moreover, proof of work is notoriously time-consuming and expensive, making it unsuitable for use in cryptocurrency networks like Ethereum. How Are Crypto Staking Rewards Calculated? Crypto staking calculators are utilized to determine the value of staking incentives. These calculators provide you with an estimate of the amount of interest you will get after the investment period has passed. Calculators work with the number of tokens invested, the annual percentage yield, and the length of time the tokens are held. Be sure to do the math on the potential winnings from your bets before you place them so that you can pick the solution that works best with your goals. What Are The Benefits Of Crypto Staking? As is the case with all different kinds of investments, there are potential downsides as well as potential upsides. Find out more about the benefits of staking cryptocurrency below: It validates financial transactions with a little amount of energy consumption. A cryptocurrency network can have its own internal security without having to rely on third-party hardware. Provides customers with the ability to generate passive income from their cryptocurrency holdings. It contributes to increasing the scalability of cryptocurrency networks. Provides an incentive for users to contribute to the safety of blockchains by reducing the required investment in their tokens. Is Staking Crypto Safe? There is some risk involved in staking, despite the fact that it is a revolutionary and relatively simple technique to generate passive income from your crypto holdings. Before staking their coins, investors need to be aware of certain risks, including the following: Low Liquidity When staking cryptocurrencies with a lesser market cap than Bitcoin or Ethereum, users frequently run the danger of being unable to sell their tokens once the staking time has ended. Choose a cryptocurrency that has a high level of liquid market activity and one that supports staking in order to reduce the impact of this risk. Lockup Periods Users will not be able to access their tokens while they are participating in the staking process since several staking protocols have lockup periods. You will not be able to sell the staked token in order to reduce your losses in the event of a personal financial crisis or if there is a significant reduction in the value of the staked token. Alternatively, you may have to pay a high price to get at your tokens, reducing the number of tokens you have staked. Staking tokens without lockup periods is one way to deal with this. Validator Limitation In order to enhance their likelihood of successfully validating blocks, certain protocols mandate that validators keep their nodes online and operational at all times. In addition, validators need to exercise extreme caution whenever they operate a node. If validators make a mistake and include invalid transactions by accident or if they default by going offline, they run the risk of having their staked tokens wiped out, which could include the tokens of individuals who are associated with that node. Protect yourself from this by either becoming a validator by learning how to host a node or by staking your tokens with a trusted staking pool. Conclusion If you have cryptocurrency that you may stake and you do not have any immediate plans to trade it, then you should consider staking it. You won't have to put in any effort at all, but your cryptocurrency holdings will grow as a result. What happens if you don't currently possess any cryptocurrency that you can stake? Researching cryptocurrencies that support staking is something you should do because of the potential returns. There are many platforms that provide this service; nonetheless, it is important to determine whether or not each cryptocurrency represents a sound financial investment. You should only buy a cryptocurrency with the intention of staking it if you are also convinced that it is a suitable long-term investment. The proof-of-stake system has proved useful, not just for cryptocurrencies but also for investors in crypto assets. Proof of stake is a method that can be utilized by cryptocurrencies to facilitate the processing of a high volume of transactions with a low associated cost. Since you now have a better understanding of staking, you can begin looking into cryptocurrencies that have this feature. Read Also: Why Entrepreneurs Should Pay Attention To Cryptocurrencies In 2021 Is 2021 The Most Critical Year For Bitcoin And Other Cryptocurrencies? The Future Of Digital Currencies: 7 Things We Can Expect In 2022

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Investment Platforms For 2023

Top Three Investment Platforms For 2023

The ever-increasing interest rates have many people wondering about a potential recession that could be just around the corner. While some might think that there is no good place left to invest your money, we are here to tell you that you can potentially expand your investment horizon and set up this year for better returns later on. Here are three great investment platforms to invest your money and generate profit in the long run. Read on to learn more! What Is Meant By Investment Platforms? An investment platform refers to a digital tool or service that helps investors access as well as manage different financial instruments. It can either be a stock, a mutual fund, a bond, or an exchange-traded fund. Such platforms offer a user-friendly and convenient way for investors to purchase, sell, and monitor their portfolios. Investment platforms can be found in multiple forms, such as online brokerage, peer-to-peer lending platforms, and robo-advisors. Each platform type caters to multiple investment strategies as well as requirements, thereby providing a ton of fees, support services, and features. But as for now, it is significant to opt for the right platform for making investments.  Investment Platform Types You Should Know Investments are mostly categorized under closed-end funds, unit investment trusts, and mutual funds. All such investments have their own set of challenges, risks, and benefits. Well, it’s pretty much the same case for investment platforms. Before setting foot, it is significant that you discover its primary types: Robo-Advisors These tend to be the automated investment management platforms that make use of algorithms for creating as well as managing portfolios. Typically, the portfolios are customized according to the investor’s financial goals and risk tolerance. Some popular robo-advisors are Wealthfront, Digital Advisor by Vanguard and Betterment.  Platforms For Online Brokerage Digital brokerage platforms refer to online services that let investors buy and sell different financial instruments like bonds, mutual funds, and stocks. Instances of popular brokerage platforms are Charles Schwab, Fidelity, and E-Trade. Cryptocurrency Exchanges Thirdly, there are cryptocurrency exchanges are those platforms that let users trade, buy, and sell online currencies. These can be Ripple, Ethereum, and Bitcoin. To name a few famous Cryptocurrency exchanges, Kraken, Binance, and Coinbase deserve mention.  Platforms For Peer-to-Peer Lending These platforms are designed to facilitate loans between businesses and individuals, cross-sectioning conventional financial entities. Such platforms establish connections between lenders and borrowers, leading to potentially higher ROI for investors.  Investment Platforms That Are Becoming Popular In 2023 Hold your breath as you are going to discover some smart investment platforms that have been doing the talk in 2023. Due to their ease of use, these platforms are most likely to get popular in the coming years, too. So, check them out here and make a smart investment: Cryptocurrency Suppose you are looking for ways to improve your financial situation. In that case, you might want to look into cryptocurrency, which is essentially digital money that relies on blockchain technology and is secured through cryptography. In case you are new to cryptocurrency, you will want to know how it works, which is what we are about to tell you. Regarding blockchain, the ledger keeps track of transactions, including intellectual and physical assets. The access is distributed amongst the “authorized” users, and all shared information is transparent and instant. Also, the information cannot be tampered with, even by the administrator. If this sounds good, you might want to check out CoinCulture: Your Source for a Detailed CoinSpot Review and find interesting news and reviews about the competitive and profitable industry. Security is a basic part of blockchain, which ensures that your money and profit are completely yours. Invest In Gold Another way to improve your financial situation is by investing in Gold. In fact, investing in Gold and Silver is considered a smart strategy against inflation. Over the long run, Gild doesn’t only maintain its value but also maintains its purchasing cost despite the potential fluctuations in the dollar. Moreover, the high inflation periods serve as an excellent time to boost your allocations to Gold. You might already have an idea about how the stock markets work. When an economy goes into recession, the stock market slumps, too, which means that real estate can lose its value, too. This is where the importance of Gold comes in. During the recession, Gold can establish a diverse portfolio, which further reduces your exposure to riskier assets. High-Yield Savings Accounts In case you haven’t heard about a high-yield savings account before, you should know that it pays the investors interest on their cash balance. Like any other savings account at any physical bank, a high-yield account is instantly accessible for cash. A savings account is a brilliant option for those looking forward to a contingency plan. Also, if you want to avoid the risk of losing your money while investing, then a high-yield savings account might be just the right option for you. However, before you start investing in a high-yield savings account, you will want to assess your finances and create a budget. The key to having a budget is that you will have a clear overview of your incoming and outgoing money. And you will know where you are overspending and how you can cut your expenses. Once you have a better overview of your incoming and outgoing money, you will find it easier to stick to a budget. The Bottom Line Investment platforms have a pivotal role to play in the current financial landscape. Not only does it provide investors with the resources and tools needed to manage their portfolios, but it also builds an opportunity for having a passive source of income. By comprehending the most popular investment platforms, it’s your chance to boost your investments.  So, what are you waiting for? 2023, 2024, and the subsequent years have proven lucrative for the investment industry. Make hay while the sun shines, or you can lose great opportunities to circulate your money. Read Also: What Will A Financial Retirement Plan Including Gold Look Like Investors Agree: Gold And Silver Is The Way To Go 5 Fun Facts About The American Eagle Gold Coin

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Startup Revenue

Want your Startup Revenue to Skyrocket? Here is what You Should Do 

As a small business, you’ll want to make it your priority to begin creating revenue immediately when starting up.   This can be difficult, but it will set your company in good stead for what the future brings. Ultimately, you cannot rely on funding.  Plus, whatever you have in your pocket to get to where you not only want to be but also need to be. If you’re a small start-up, continue reading to find out four ways you can improve your Startup Revenue.  Try to Have Immediate Cash Flow Whilst it is useful having funding to create and attempt to grow your start-up, this money can be over rather quickly. Especially when you work out what you intend to do with it.  That said, it is impossible to continue as a small business without attracting immediate cash flow into the company.  Pumping money into the business earlier on will provide you with a great immediate start-up. However, it is essential that you make sure this money is spent on the right things and not useless items. It is possible to invest, too, but your investments are not wholly reliable.  Therefore, experts recommend that you attempt to sell and provide your goods and services. This is from the get-go to have some form of cash flow arriving promptly. Have Business Insurance Another practice that will improve your revenue as a small business start-up is investing in business insurance. For some sectors, it is a legal requirement to have business insurance.   Even experts generally recommend that business owners invest in it anyway.  Your certificate of insurance It is a great form of protection for your business and employees.   This insurance could improve your startup revenue as it could take care of your business. It could also act as a safety net if something was to go wrong.  For example, if your premises were broken into two weeks into the operation, the insurance would provide financial compensation. Recruit within Your Means Recruiting and hiring staff as a small business can be a daunting task, especially if it’s the first time you’ve tried it.   It is important that you don’t attempt to run the entire business yourself. This is because you’ll soon realize that your products and services suffer as a result.  Hiring and retaining staff within your means is a reasonable way to improve startup revenue.  Use Social Media The growth of social media has been an excellent tool for all businesses. It has even been a lifeline for smaller businesses.  This is because these businesses essentially don’t have the funding to invest in digital marketing. Therefore, we need to rely on free forms of advertising. Social media being the greatest of all!  As a start-up, you’ll save money by marketing yourself, and you’ll also increase revenue by connecting with a large audience online. This way, you’ll gain rapport with customers and clients as well as make money.  Consider these tips to improve your startup revenue from the get-go.  How to Improve your Cash Flow as A Startup  Starting a business is all good, but if you don’t have cash flow — a steady flow of incoming cash — your business will go belly up.   No matter how great the business idea or product is.  Just Start Selling!  It will never be the perfect time to finally launch that product or service and begin selling!  You will have to just bite it and do it for once!  You won't be able to start generating revenues if you just keep thinking about how to bring the money!  The key to immediate cash flow is to start selling your products or services as soon as possible. You don’t have to wait until everything’s perfect before you begin making sales.   Whether it’s pre-orders, minimum viable products, or service contracts, find a way to get money coming in right away.   Not only will this help you generate revenue faster, but it will also validate your business concept with real paying customers.  Watch Your Expenses  Every dollar a startup spends should be spent in expectation of ROI. Spend to grow and spend as late as possible, never earlier.   Don’t spend money on anything that doesn’t have a direct impact on your growth – especially when you are just starting.  Keep a Close Eye on Your Financials  Review your cash flow statement regularly so you know who is paying you and where your money is going.   Then, use that information to help you make better decisions about your spending, pricing, and growth strategy.   Not keeping an eye on this will cause unexpected shortages of cash flow but, more importantly, can put you in a financial bind.  To Wrap it Up! To be a successful startup entrepreneur, you must constantly improve your cash flow.   This means selling as early as possible, possibly before you are ready, managing your expenses against sales, offering the right payment terms to customers, and paying close attention to accounts receivable.  Read Also: 7 Growth Hacking Ideas that will Boost your Startup Best Server Management Tips for Startups Useful Marketing Tips for Startups

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