Today we need to have an honest discussion about the most significant growing scam category. Once you finish learning about it in this podcast, you will have to help spread the word to friends, family, and people you know. Don’t let them become a victim. Although cryptocurrency has yet to become a mainstream payment method, …
I’m pulling the plug on my experiment with trading cryptocurrency. I’ve written about my introduction to crypto trading using automated algorithms. These tools are hyped as being able to make trades on small movements and make a half a percent here or two percent there. Some of the trades over the past four months did …
The magic sauce for massive returns is something I’ve been hunting for in my adventure in cryptocurrency. I’m here to tell you that I’ve found the answer for any market, up or down. The world of crypto buyers, investors, or gamblers is not specific. The emails shown below are what landed in my inbox this …
Well, that was perfect timing. I wrote this piece about Bitcoin and cryptocurrency and then the market tanked. It didn’t just take a dip; it turned into a bloodbath. And that was great! Keep reading to find out why. I have spent the last three weeks trying to wrap my head around investing or buying …
Recently I started to get into seriously investigating investing in cryptocurrencies. But, like many others, I steered clear from crypto while I figured it out. There is no doubt that digital currency not backed by any particular government is hard to wrap your head around. So, what value can it have? It is the same …
Since October 2020, consumers have reported losing more than $80 million to cryptocurrency investment scams, an increase of more than ten-fold year-over-year, according to a new data analysis from the Federal Trade Commission. In a new consumer protection data spotlight, the FTC breaks down the contents of nearly 7,000 reports received from consumers about these …
Of all the things Bitcoin is rightfully known for—its range as a payment network, not the security of its protocol, nor the potential for blockchain technology to revolutionize any field that uses a database—there’s one that stands out as it’s most defining feature: its price, and how it goes up. But the price of Bitcoin …
Bitcoin mining pools provide a way for multiple parties to “pool” their efforts in mining bitcoin. Over time the difficulty level of finding a block first has risen (and with it the amount of computing power required to mine bitcoin), making it increasingly harder for an individual to get any block rewards. One attractive option …
This is the second update in my weekly series of my experience using cryptocurrency to get people excited about saving money. I will be the first person to admit there is little fundamental reasoning behind investing in cryptocurrencies like Bitcoin, Litecoin, Ethereum, or any one of the many other digital currencies out there. However, one …
I previously wrote How to Use Bitcoin to Get Out of Debt or Build an Emergency Fund and need to get on a regular update schedule so Monday’s seem like a good day to do it. On December 6, 2017 I purchased $100 worth of Bitcoin at $14,244.87 per coin and received +0.0067505 BTC. After …