Perfect Crypto Investment Strategies – Part 1

Perfect Crypto Investment Strategies – Part 1

A LONG-TERM CRYPTO INVESTMENT STRATEGY

“…Cryptoassets were the biggest institutional revolution since the Industrial Revolution and they represented the investment of a lifetime.” – Van K. Tharp, PhD

What is the idea? What crypto coins should you buy?

For instance, you may want to invest in popular DeFi tokens.

According to John Hargrave, for the vast majority of DeFi projects, the layer is Ethereum. As he’s said again and again, the easiest way to invest in DeFi is to just buy and hold Ether. It’s the foundation of DeFi, and it’s the foundation of a smart DeFi investment portfolio.

Nonetheless, popular DeFi coins serve unique purposes and they can deliver great returns in future. So you may not want to restrict your opportunities to ETH only. Yes, there are tremendous opportunities to make money from other coins.

One of the DeFi tokens that stands out is Uniswap (UNI), created by Hayden Adams in November 2018. From September 2020 to May 2021, UNIUSD rose from $4 to $44. But that is just the beginning, for price is bound to rise from here, following the recent large bearish correction. Uniswap facilitates automated transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contract. In 40 years to this time, UNIUSD would be worth at least, $400,000.

This is just one of the numerous examples. You need to pinpoint cryptos whose value will go upwards exponentially in future.


FINDING THE NEXT UNICORN
Buy all the top 100 crypto coins.

Look at the top 100 coins. They are the 100 biggest coins in the world by market capitalization. That means they are currently popular, and it also means a lot of people have invested in them.

Most top 100 coins are promising, having excellent purposes and bright future.

Depending on your financial status, you can invest $1000 in each coin, making a total of $100,000.

Or you can invest $100 USD in each coin (a total of $10,000), or you can invest $10 in each coin (a total of $1000).

Then hold the coins forever.

No matter how expensive a coin is, like Yearn. Finance (FI) which is currently around $39,658, but which once reached a high of $90,000. Buy it.

No matter how cheap a coin is, like SHIBA INU (SHIB) which is currently around $0.000007151, but which once reached a high of $$0.000040151. Buy it.

THE ULTIMATE FATE OF THE TOP 100 COINS
Some coins will become crashing failures, and some coins will become roaring successes. Some coins will perform above expectations and some will perform below expectations. Some coins will neither make money significantly nor lose money significantly.

Within 2 years or 5 years or 10 years or 20 years, some of the coins that are currently in the top 100 would have been pushed out of the top 100, and some would remain within the top 100. Some which are below the top 50 or the top 80 would have been pushed up to the top 10.

By then, some currently unpopular coins would have become household names, and extremely successful.

On the other hand, some coins would have disappeared or become totally worthless or useless/seriously unpopular. That will also happen.

However, the coins that make money will by far, compensate for the losses you have on the coins that eventually prove worthless. The colossal gains you would make from the successful coins will make your losses on the eventually useless coins to pale into insignificance.

How viable is this investment idea?
A CASE STUDY IN STOCK MARKETS
James Altucher recently released an investment newsletter in which he mentions this:

Make a serious research to identify an industry with exponential growth; then buy many (if not most) stocks in the industry.

Since a man named Gordon Moore declared that computing power would double every 2 years, that prediction has proven to be correct, even 56 years later.

What did that mean if you were alive then? It means you could invest in computer companies.

For you to understand, please let me quote Altucher directly:

“Let’s say, from 1970 to 1990 you put just $1,000 into each of the next 100 computer companies to go public. And then you ignored them until today.

Which means you would invest $100,000 in total ($1,000 into 100 companies).

Many computer companies went bankrupt during this time. Do you remember Eagle Computer. Or Commodore?

Or the ElectroData Corporation? How could you forget the one-time third-largest computer manufacturer? The maker of the DataTron 203 that shipped for a price as cheap as $125,000. It weighed 3,175 pounds and had about 4k of memory.

Many companies went bankrupt. But how could that be if the computer industry was growing exponentially??

Let’s say that out of the 100 companies you invested in and forgot until this moment, 98 went bankrupt. Let’s say only Microsoft and Intel survived. The real facts are that many more than 2 of the 100 survived, but this is an extreme example.

So out of your $100,000 invested, $98,000 went down the drain. Only 2 companies, or $2,000 of your investment survived. That sucks, right?

Wrong! If you had done this strategy, you would have $3,500,000 today. In fact, you would have a lot more because many more than just two companies survived. But again, I use this as an extreme.

If you invest now in an exponentially growing industry, even if you invest small amounts, you will make an enormous amount of money. This is no joke.

But, you might say, “An industry like computers only happens once every 50 years.”

Because of the rise of the computer industry, computers now create exponential industries. There are many exponentially growing industries.” (Source: Jamesaltucher.com)

TIME TO GET RICH SLOWLY
You can see that the crypto investment strategy explained in this text works in any major industry with potentially exponential growth. It has proven to work in stock markets, crypto industry, etc.

Let’s take a factual, real example. I invested $200 in 2 coins ($100 for each coin), and less than 3 years later, one coin has gained over $11,700 for me; while the value of the invested $100 on the other coin has depreciated to $26.

“If you invest in crypto, then expect to live with huge volatility. No major institutions that I know of, however, have sold off their crypto investments,” says Dr. Van Tharp.

My $200 investment was then worth $11,726. Was that bad?

Actually you cannot lose more than what you have invested in a coin, but you can really gain more than what you have invested. Even that $74 depreciation on the second coin wasn’t a real life loss unless I cashed it out.

That is the beauty of crypto investment. Good, viable coins will eventually go up, irrespective of crypto winters and storms along the way.

I am a living witness to this truth as I myself began to get my feet wet in the crypto industry years ago. Some coins like BNB and ADA have paid handsomely, while some coins like ATB and ETN have become failures. Some coins like XRP and TRX have neither made serious money nor lost serious money.

Ultimately, you will be richly rewarded by the cryptos that make money.

CONCLUSION
This investment idea is great if you buy and hold forever. That is the best way to make money. Nonetheless, there is a killer short-term crypto investment strategy that will be revealed in the next article in this series.

That strategy enables you to make money by taking short-term positions in crypto markets, focusing on the top 100 cryptos only. The accuracy of the strategy is stunning and it is one of the strategies we use to generate signals in our Telegram channels.

Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results

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Top 3 Hottest Bitcoin Investments Of 2021 That You Shouldn’t Ignore

Top 3 Hottest Bitcoin Investments Of 2021 That You Shouldn’t Ignore

Introduction
Bitcoin’s 2021 bull run has dominated media headlines. BTC has gained over 100% in under two months, making it perhaps the best performing tradable asset so far.
Almost every week, Bitcoin shattered its previous price records, reaching historic highs of $61,354.14. Although it has since parred some of the gains, analysts estimate that it will top $100,000 by year-end. We understand that most people may not have the technical know-how to trade actively. That is why we will show you the top three hottest Bitcoin investments of 2021 that you shouldn’t ignore.

1 | RoFX Expert Advisor
RoFX is an auto trading robot with an inbuilt self-education function. That means that the AI powering RoFX works autonomously and improves upon itself over time. You should therefore expect your trades to be more efficient with time. More so, RoFX is meant for everyone, and you don’t need to be an advanced trader or have any knowledge of algorithmic trading. All you have to do is make your deposit and let RoFX do the trading for you. No manual trading is required on your part; just sit back and wait for your profits.

If you are skeptical and think that RoFX sounds too good to be true, RoFX provides you with daily trading reports. This not only provides you with transparency regarding your daily returns it also enables you to compare the returns you receive from RoFX with other auto traders. Historically, RoFX has attained a daily profit of 0.38%, which translates to more than 11% monthly returns. This is an impressive feat considering that RoFX has more than 70,000 active users. Although RoFX maintains 100% user anonymity, the trading reports are verifiable.
In achieving the incredible returns, RoFX has set a reserve fund that protects you from negative returns. This is called ‘loss coverage.’ More so, trading is leverage free which minimizes the downside in highly volatile markets. Note that you don’t have to download or install any software on your computer since RoFX is managed from within the company servers.

RoFX has three different packages in which you can earn passive income with BTC. They include Advanced Compound, Basic, and No Lock packages.

RoFX No Lock Packages: This package means that you can deposit your funds with RoFX and withdraw them any time you wish. Under this package, there are five categories: Trial, Easy Start, MoneyMaker, Gold, and VIP. They are differentiated by your share of the daily profits and performance fee. You’ll need a minimum of 0.05 BTC to invest in the RoFX No Lock Package.

RoFX Basic Packages: This package has a lock-in period, which means that once you’ve deposited your BTC, you can withdraw after a specific duration. In the trial version, the lock-in period is 30 trading days and 70 for the Easy Start. For the MoneyMaker, Gold, and VIP categories, you can manually select a lock-in period between 70 to 360 trading days.

RoFX Advanced Compound Packages: Of the three RoFX packages, this one has the highest returns since profits are compounded by default without updating the trading period. Although it has the lowest performance fees, you have to select the lock-in period for all five categories ranging from 70 to 360 trading days.
https://rofx.net

2 | Bitcoin HODLing
This is simply buying and holding your Bitcoins for the long haul. This is one of the oldest, easiest, and most direct ways of investing in Bitcoin. However, this strategy requires patience and the ability not to be swayed by the frequent market volatility surrounding the price of BTC.

The primary advantage of this strategy is that you outrightly own the BTC; unlike trading with BTC CFDs, there is no leverage involved. Hence, the only downside you face is if the price of Bitcoin drops to $0 and your entire portfolio is wiped out. But there is zero chance of this happening. One would argue the opposite – in the long term, BTC is poised only to go higher. Some analysts place it at $100,000 by the end of 2021.

Let’s take an example if you bought and HODLed BTC in January 2020, your portfolio would have appreciated about 590%.
For someone who started HODLing in January 2019, the returns for BTC are over 1,200%.
3| Wrapped Bitcoin
For the most part, the DeFi platform is not compatible with BTC since it is built on the Ethereum platform, and most DeFi applications run on the Ethereum blockchain. But you shouldn’t worry. Using Wrapped Bitcoin, you still make Bitcoin investments on DeFi.

With Wrapped Bitcoin, you can deposit your BTC into smart contracts, which can then be used in the DeFi ecosystem. Primarily, Wrapped Bitcoins mint tokens that are compatible with ERC-20 and pegged on the value of BTC. This creates unlimited opportunities for the Bitcoin investments such as staking, providing liquidity pools, and HODLing dividend-paying altcoins.

We hope you find this article interesting and informative. In case of any questions, please let us know in the comments below.

All the best. Cheers!

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  • Over 100 different financial products
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  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

Bitcoin SV Takes Center Stage at Dubai Investment Summit

Bitcoin SV Takes Center Stage at Dubai Investment Summit

The original Bitcoin takes center stage at Sir Anthony Ritossa’s 13th Global Family Office Investment Summit in Dubai as Jimmy Nguyen, founding president of Bitcoin Association, gave a keynote presentation and hosted a panel discussion and other Bitcoin SV proponents and clients presented testaments as to how it can be used in various business platforms.



Bitcoin SV’s presence at this prestigious event attended by Royal Families, Sheikhs, prominent family offices, private investors and market leaders from more than 30 countries just shows how far its native token and blockchain technology have come in just two years.

After successfully restoring the original Bitcoin protocol, unlocking unbounded scalability of its blockchain, enhancing its security system and promoting a regulation-friendly mindset in February 2020 through the Genesis Upgrade, Bitcoin SV is now ready for global adoption.



“Bitcoin SV is the only Bitcoin project and blockchain that best understands and realizes what Bitcoin was created to be. Bit-data and coin-money, together. Bitcoin is really the fusion of data and money. We deliver on the promise of what Bitcoin was always meant to be,” Nguyen stated.

Of course, this statement does not come without proof of the benefits of blockchain technology. EHR Data Chief Scientist Ron Austring presented their current project of creating a global healthcare database, which will provide stakeholders real-time access to the same data to fight the opioid crisis. Veridat founder Philip Runyan also spoke about using the Bitcoin SV blockchain to ensure integrity and hygiene of clinical research data.

Imagine if systems like these are in place now, delays in giving the public updates on the coronavirus pandemic will be minimized because crucial healthcare information can be easily accessible. Physicians do not have to rely too much on patients’ memories when asking about patient history because they already have it in their hands. Transparency regarding the COVID-19 vaccine will be available to the public and help reduce confusion and increase confidence.

With limitless potential in use cases, which is not limited to the healthcare industry, the Bitcoin SV blockchain is more than ready for various applications to be developed and built on it. This is why Ritossa believes the original Bitcoin will serve to benefit Dubai’s leading industries.
Sir Anthony Ritossa and Jimmy Nguyen

“This event’s core value is uniting together to build a better world. And this marries up perfectly with the driving ambition of Bitcoin SV, to make the world better with data. We’re in the perfect place for combining these two missions, with the UAE perfectly primed to take blockchain to the next level,” Ritossa said during a CoinGeek interview.

After this year-end Dubai summit, the original Bitcoin heads to Zurich, the financial capital of Switzerland, for its first conference of 2021.

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  • Over 100 different financial products
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  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

Have you invested in an extremely rare opportunity of a lifetime?

Have you invested in an extremely rare opportunity of a lifetime?

The Next “Buzz Word” Altcoins
Last month, the Bloomberg Galaxy Crypto Index was at 1414.37, following a low of 217.82 in early March. BTC had made a new high yesterday at $51,630.86. Today (February 17) and the index was at 2,295.61. That’s a huge gain for one month.

Let me put this into perspective. In late 2017, I said that cryptoassets were the biggest institution revolution since the Industrial Revolution and that they represented the investment of a lifetime. Institutions, however, were not ready or capable of participating in that revolution so they “pooh-poohed” it. The SEC decided that most altcoins were securities which precipitated a huge bear market. By the end of 2018, cryptos had undergone an 85% decline and BTC hit a low price of $3,236.76 on Dec 15, 2018. But then look what happened.
BTC was up 92.71% in 2019
It was up 305.94% in 2020
And it’s up 75.42% in less than 50 days of 2021….

What did I say in 2018? There was actually a period from October through November last year when I made over $3 million in 7 weeks. Cryptos are the investment of a lifetime.

While BTC could go up another 10 fold in the long run, I doubt that it will go much over $100,000 this year…. But the opportunity of a lifetime is not over because now the altcoins are starting to move. Here are a few examples, and this is just the movement in 2021.

BNB 289%
ETH 144%
LINK 178%
SNX 215%
AAVE 397%
CND 145%

And remember those gains are just from the 48 days of 2021….

You can purchase crypto coins here.  

Update on Cryptoassets
I think that there are a number of altcoins that could go up 10 times or more during the rest of 2021. Now we might have a decline of 40% or more during the year, but it probably will be short-lived with a very quick recovery…
BTC was up 92.7% in 2019, 305.94% in 2020, and in the first six weeks of 2021, it’s up 74.22%. Let’s contrast that with the other hedge against the USD and disaster, gold. Gold was up 20.94% in 2019, up 18.32% in 2020, and it’s down 5.1% so far in 2021. The path of safety is now BTC.

Gold has about 10 times more market cap than cryptos right now (even though cryptos are now over a trillion for the 1st time). If all of the money in gold went into BTC, BTC’s price would be about $370,000…

People talk about BTC being volatile and risky. But where can you find something that has made over 1,000% in 3 of the last 11 years, over 100% in 8 of them, and had only two losing years? There is only one other place than BTC with anywhere near equal performance – other cryptoassets.
If you had bought BTC at the beginning of 2012 (well, not at the very beginning), you would have turned $1,000 into more than $7.1 million (up $4.5M last month)…

Remember these are 30-day percent gains. This is probably the easiest market possible to make a lot of money. You could, however, just as easily enter a position and immediately have a 25% drawdown – which could cause you to exit and then miss out on some nice gains. If you don’t have strong beliefs about cryptos like I do, crypto volatility will test you…

This newsletter makes no recommendations about cryptos but is a free service… I personally own positions in most of the cryptos mentioned in this newsletter.

Author: Van K. Tharp, PhD

Note: This article was culled and abridged from a monthly cryptos update by Dr. Van Tharp. The full article can be accessed here.

You can purchase crypto coins here. 

 

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Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
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9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
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Author : Azeez Mustapha

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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

Would Bitcoin eventually overtake traditional fiat currencies?

Would Bitcoin eventually overtake traditional fiat currencies?

Bitcoin is a cryptocurrency that operates according to the ideas outlined in a white paper by Satoshi Nakamoto. According to Investopedia, this digital or virtual currency uses peer-to-peer technology to facilitate instant payments. Bitcoin is like an online version of cash that can be used to buy products and services.


Paper money refers to the country’s official paper currency, which is used for transactions related to the purchase of goods and services.
The printing of paper money is usually controlled by the country’s central bank to keep the money flowing in line with the country’s monetary policy.

Paper money, also called banknotes, is a form of negotiable bills of exchange created by a bank or other licensed body and payable to the bearer upon request. Paper money has existed for a long time, bills date back to 118 BC in China during the Han dynasty.


The banknote has its limitations, such as being withdrawn from circulation due to everyday wear and tear associated with its handling. Contaminated banknotes can also be declared unusable and withdrawn from circulation to prevent the spread of disease. An instance is during the COVID 19 pandemic.


Paper Money Can Be Divided Into Four Categories: representative, convertible, and non-convertible paper money, fiat money.


The most commonly used paper money is fiat, which has no intrinsic value, and the value is determined by supply and demand. By government decree, fiat money is declared legal tender, which means government support. Its value is what distinguishes one country’s currency from another.


Bitcoin and Paper Money
With this in mind, cryptocurrency refers to a digital asset created to function as a medium of exchange, in which individual records of coin ownership are stored on the blockchain. Bitcoin is run by a decentralized body, unlike government fiat currencies. There is no physical Bitcoin and it’s not issued or supported by any banks or governments. It can also be accepted as a means of payment for products or services sold, most stores will always display ‘’Bitcoin Accepted Here” to indicate that it can be used for transactions.


However, There Are Limitations: first, few clients, mostly old ones, do not understand the Internet and may still depend solely on paper money. Secondly, the concept of virtual currency is still relatively new compared to paper money, Bitcoin dates back to 2009. Third, it is the difficulty of the transition, the decrease in government control, since virtual currencies will operate with much less government control. Then, ultimately, if virtual currency replaces paper money, it could lead to devaluation of the note and a new structure must come into play for each country to adjust.


However, most tech-savvy people state that digital currency is the future. Notably, one of the main reasons for the growth and popularity of Bitcoin is that it can act as an alternative to paper and safe gold. The question is, will Bitcoin overthrow paper money?

Can Bitcoin Overthrow Paper Money?
While the concept of virtual currency is still relatively new compared to paper money, most believe that digital currency is the future. The advantage of using Bitcoin over paper money is that Bitcoin cannot be easily manipulated like paper money due to its decentralized nature. Many Bitcoin proponents tout its safe-haven nature, implying that it can be used as a hedge against inflation.


Besides, it is believed that the use of a digital currency such as Bitcoin may better promote the concept of a universal basic income than fiat money.


Also virtual currencies help eliminate third party interference in day-to-day transactions. This can help lower costs for business owners as well as consumers. The question of whether Bitcoin can replace cash can be answered well in Patricia’s breakout. Patricia, a globally innovative Nigerian technology company, harnesses the power of blockchain and cryptocurrency to meet everyday challenges.


Patricia is the industry leader in the gift card and Bitcoin exchange. It lets you safely buy or sell gift cards and Bitcoin of any value, store them in your Bitcoin or local currency wallet, and seamlessly switch between them for day to day transactions like airtime, data, and cable subscriptions.


For simplicity, a gift card also called a gift voucher, or gift token is a stored value prepaid money card typically issued by a retailer or bank for use as an alternative to cash for purchases at a particular store. Gift cards are a form of prepaid debit cards that are loaded with funds for future use.

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  • The Lowest Trading Costs
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  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
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9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • Trade top Cryptos such as Bitcoin, Litecoin and Ethereum plus more
  • Zero commissions and no bank fees on transactions
  • Around the clock service with support in 14 languages
$100 Min Deposit
8.5
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8

Author : Azeez Mustapha

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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.

4 Cautionary Crypto Tales From the Crypt

4 Cautionary Crypto Tales From the Crypt

Witches, vampires, and ghouls. These Halloween beasties have nothing on every Bitcoiner’s worst nightmare: losing one’s digital gold in a fluke accident or misstep. We can practically hear you screaming at your screen right now.

In honour of Halloween season, we’re exploring four spine-tingling tales of brutal Bitcoin losses. We also throw in a little treat towards the end and reveal how you can make a killing on crypto with a LonghornFX account, without actually buying any Bitcoins. Intrigued? Read on to find out more.
1. IT guy chucks $127m Bitcoin in toxic landfill
British IT professional James Howells began mining Bitcoin on his personal laptop back in 2009 and by 2013 had amassed an impressive 7,500 Bitcoins. He sold the laptop on eBay but held on to the hard drive in the hope that his Bitcoins would increase in value. But while clearing out his house later that same year, he accidentally threw the drive away, which ended up being dumped in a Welsh landfill. When he realised his mistake, Howells desperately tried to get permission to search the landfill for his drive. His request was denied on the grounds that it was dangerous due to the toxicity of the landfill, plus it simply went against the law.

Fat lot of good that would have done him, anyway. With 50,000 tons of refuse added to the site every year, searching for one tiny hard drive would have been a much bigger problem than finding a needle in a haystack. Still, it may have just been worth the undertaking. It’s estimated that around 2017, when Howells realised what he’d done, his 7,500 Bitcoins would have been worth in excess of $127 million.

2. Aussie loses $7m Bitcoin after investing life savings
In a moment of mid-life crisis, former Australian journalist Derek Rose decided to do what for many would be the unthinkable. He withdrew his entire $70,000 life savings and invested it all into Bitcoin. Seeing that his initial capital was growing exponentially with the Bitcoin boom of 2016, Rose even started borrowing more money to increase his investment, and was soon earning close to half a million dollars a day.
But rather than listen to his financial advisor and friends who encouraged him to cash out while the going was good, Rose continued to ride that wave of euphoria and poured even more money more into crypto. Then the Christmas crash of 2017 hit and Rose saw his multi-million dollar account take a massive hit. He lost around $7 million at the time. Thankfully Rose didn’t lose everything. “This was a huge blow, but it didn’t wipe me out […] I’m still doing better with my investments than I would have if I had stayed in index funds.” Moral of the story: what goes up, must come down. No bullish rally will continue forever.

3. Tech journo forgets Bitcoin wallet PIN
Sometimes even the world’s most reliable tech geeks make massive errors. After amassing some $30,000 in Bitcoins, Wired magazine editor Mark Frauenfelder lost access to his crypto wallet. “I wrote my PIN code and recovery seed on the same piece of paper. I was planning to etch the seed on a metal bar and hide it, but before that happened my house-cleaning service threw the paper away,” he explained.

Frauenfelder was ready to kiss his Bitcoins goodbye when he finally met a stroke of good fortune. Thirteen months after losing his PIN, Mark was introduced to Saleem Rashid, a 15-year-old coding whiz from the UK. With Saleem’s help, Mark managed to hack into his crypto wallet and successfully retrieve his PIN and subsequently his Bitcoins. We bet Frauenfelder won’t be misplacing his new PIN any time soon!

4. Software designer wipes away $20k
When Bitcoin first began to cause a stir on the web back in 2010, Atlanta-based software developer Syl Turner thought he’d try his hand at mining and managed to earn himself two whole Bitcoins. As Bitcoins were worth pennies at the time, Syl didn’t give them much thought and eventually ended up storing his mining computer in his attic.

Fast forward a few years later and suddenly Syl sees a news alert pop up on his screen: Bitcoins are now worth $10,000! Syl shot straight up into the attic to retrieve his dormant PC. He found what he was looking for but when he booted the computer up, he realised he had mistakenly wiped the hard drive, meaning his crypto wallet key had vanished. That one mistake cost Syl $20,000, at the very least. If Syl still had access to his crypto wallet and HODLed, he may have seen his Bitcoin climb much, much higher.

Profiting from Crypto made simpler
Thankfully, there’s a much easier and cost-effective method of profiting off Bitcoin, without the risk of losing hard drives or extra complicated PINs to crypto wallets. By trading Contracts for Difference (CFDs) on LonghornFX, you can profit on over 35 cryptos by trading on whether the price of the underlying crypto asset will rise or fall.

Trade on Bitcoin, Ether, Ripple, and more popular altcoins, all with 1:500 leverage. Open a free LonghornFX account and trade from as little as a $10 deposit!

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2020: The best cryptocurrencies to invest in

2020: The best cryptocurrencies to invest in

2020 has been quite a year unto itself so far. The COVID-19 pandemic has ravaged entire countries and forced millions into a state of lockdown.

Even now as countries struggle to reopen their economies, the specter of COVID-19 still looms on the horizon. Australian, Japan and Hong Kong are amongst the latest countries that have been forced to reintroduce lockdown measures to prevent the spread of COVID-19.

With consumption plummeting to record lows, it would appear that a global recession is unavoidable. Despite the best efforts of governments to introduce stimulus packages, things are still looking rather bleak.

In the wake of all this, Bitcoin and an assortment of other cryptocurrencies have defied all expectations. Bitcoin or BTC in particular has enjoyed an excellent performance with valuations breaking the $10,000 mark for the first time since 2018.

Furthermore, the appreciation of Bitcoin post-halving has significantly boosted investor confidence. All of which has contributed to the bull-ish outlook for Bitcoin in 2020.

With so much uncertainty in the economy today, investors are searching for safe haven investments to hedge the value of their assets. Cryptocurrencies being fairly unaffected by geopolitical or international tension have long been used by institutional investors as a form of hedging.

So, if you ever were looking to invest in cryptocurrencies, 2020 could potentially be the ideal time to get started. We take a look at the factors to consider when investing in cryptocurrencies and the best ones to invest in.
Factors to consider when investing in cryptocurrencies
Prior to 2020, the market for cryptos has been facing a downward trend, with some even going so far as to call it the end of cryptos. Fortunately for crypto enthusiasts the market has strengthened in the wake of the Bitcoin halving.

Before getting started however, here’s what you should keep in mind:

1. Crypto is volatile
The crypto market is a volatile one and not for the faint-hearted. Valuations are liable to change with little notice which can cause massive profit or loss. When investing, always keep an eye on market prices and stay-up to date.

2. Diversification is key
Just like how you should never keep all of your assets in one basket, never invest your entire portfolio into a single cryptocurrency. Spread out your risk by having a mixed basket of volatile and stable cryptos at all times.

This allows you to minimize your risk exposure and protects you from getting wiped out in one fell-swoop.

3. Always do your homework
Forget what all the investment gurus and financial masters are saying. Investment is all about research and hard data. You would do your research before betting on Kentucky Derby, like searching for the odds on trustworthy websites like TwinSpires.

So, you should do the same about cryptocurrencies: research, stay on top and never buy into trends.

The best cryptocurrencies for investment in 2020
Being in the know is key when investing in cryptocurrencies. Unless you’re on the cutting-edge of the crypto market, it’s best to stick to the fundamentals. The wild days of huge price fluctuations are long gone, but the crypto market is still a volatile one.

Here are our selections of the best cryptocurrencies to invest in:

1. Bitcoin
Bitcoin undoubtedly one of the most resilient and widely accepted forms of cryptocurrencies to date. Favored by mainstream investors and accepted as a form of payment with an increasing number of retailers, Bitcoin is definitely a good investment.

With a positive outlook for 2020 and with some referring to it as digital gold, it is fair to expect Bitcoin prices to appreciate further with time.

2. Ethereum
Hot on the heels of Bitcoin, Ethereum is the native currency of the Ether network. The second most popular form of cryptocurrency after Bitcoin, Ethereum definitely had a disappointing 2019 performance.

However, 2020 could possibly be the year for Ethereum to outperform Bitcoin. Deriving its value from its use in digital smart contracts, a rising demand for blockchain and its functions could see Ethereum appreciating in value.

3. EOS
Comparable to Ethereum, EOS is the native currency for the EOS.IO blockchain platform. Like Ethereum, EOS is used for smart contract transactions.

EOS differs from Ether in the sense that the platform that EOS is based on boasts the capability to perform millions of transactions seamlessly without any fees.

All of this is extremely exciting and could possibly revolutionize the way blockchain technology works. Thus, making EOS worth a look.

Investing is not without its fair share of risks. When making your investment, always remember to protect yourself and act prudently.


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Trust Management Companies Should Not Predict the Future But Shape It

Trust Management Companies Should Not Predict the Future But Shape It

The domestic trust companies in the United States administer assets worth over $120 trillion. Independent trust companies, on the other hand, administer assets worth $18 trillion and each of these independent trust companies administers assets worth $1.5 billion on average.

Trust management companies hold some of the biggest funds in the world which gives them the power to sway the traditional financial industry towards an uncharted path. However, they should not predict the future and rather should aim to lead the industry as a futurist with a plan to shape the future.

The key to the Future
The global financial industry has been very competitive since its inception. Innovation & technology are the keys that have helped many companies lead in the age of financial revolution. It helped many new-age financial services companies stay competitive and shape the future of the global finance industry. On the other hand, trust management companies have remained a bit traditional in their approach. The old-age tactics may have worked in the past but surely won’t be much effective in the future. Now is the time when trust management companies should start doing things differently.

Today, more and more companies are using their business data and coming up with strategic plans where they predict future outcomes and mention how the company will prepare for it. However, companies must keep in mind that the industries worldwide are changing at a very rapid pace and their strategic planning won’t be much effective when the time of action comes. The situation is not much different for trust companies. They must prepare to tackle it through futuristic planning that will help them stay ahead and lead in shaping the future of the investment management industry as a whole.

Are Trust Companies Adopting the New-age Technologies & Investments Options?
Wealthy elites and corporations have been helped by the trust companies for a pretty long. The trust companies have helped influential families preserve their wealth for the very long term. Advisors still suggest that trust companies form the key part of the strategy to remain rich for a very long long time. Hence, the rich people will keep availing themselves of the services of the trust companies, as they should. Therefore, the industry is bound to grow even in the future. The question is, are the trust companies prepared for the long run.

The trust companies should incorporate new technologies and investment options in their offerings. It helps them set off a new trend which effectively helps them create a space of their own in the competitive global investment industry. An approach like this helps them tackle the future challenges that lay ahead of them.

There are just a handful of trust companies that have incorporated new technologies and new-age high-tech investment instruments on their offerings. Investment offerings like binary options and cryptocurrencies are still a rarity in the trust management space. However, there are some global trust companies that took a different path like Nexus Management and a few others that started offering such investment options to their clients. These trust companies started offering the new-age investment options to their private clients considering a high-demand for such services.

Is Industry Ready for What is Coming Ahead?
The global investment space is seeing lots of new technologies that could disrupt the whole industry and the traditional trust companies will get affected by it the most if they don’t do anything about it. To prepare for such an onslaught the trust companies must be the first among the financial industry to adopt the new financial technologies and also lead in creating such path-breaking financial technologies. This is exactly what shapes the future means and it’s not an option but a necessity to be prepared for what’s soon to come.

Artificial intelligence, Blockchain, and machine learning are expected to revolutionize the financial world. Trust companies must not fear these technologies and instead, they must prove to be an example to adopt these technologies to serve their clients in a better manner.

Will Predictions Alone Work For Trust Companies?
There are many predictions doing rounds on the corners of the web that depict how the new-age technologies will impact the trust companies and the financial industry as a whole. However, trust companies must not get involved in such exercises, and instead, they should take their future into their own hands. They must be the ones who will write their future and take matters into their own hands. Trust companies should be proactive in these circumstances and adopt such technologies, rather than keep discussing its impact.

With increased exposure to digital technologies, trust companies will face new risks and challenges ahead. Some of the key challenges that the trust companies will face are likely to arise from the use of third-party applications, complex and continuously evolving technologies, cross-border data exchanges, an increase in the adoption of mobile technologies among the customers, and the internet of things.

The Verdict
The trust companies won’t be able to prepare for such challenges if they only rely on predictions and don’t take part in innovations that will shape the future. The verdict is clear that there’s no better way for the trust companies to be prepared for what is to come than to take the lead in shaping the future of the industry.

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Binance Introduces Ethereum and XRP Contract Options

Binance Introduces Ethereum and XRP Contract Options

Large cryptocurrency exchange Binance announced the launch of options contracts for Ethereum and XRP. According to the announcement, Binance users will initially be able to access new products only through the Binance mobile app.

Last month, Binance announced the possibilities of Bitcoin for its users. With the new offer, ETH and XRP options are available for various durations. These include 24 hours, 8 hours, 1 hour, 30 minutes, and 10 minutes. Users have access only to contracts with a maximum order size of 200,000 XRP and 200 ETH.

At the beginning of the month, the volume of open contracts on options for bitcoins reached a new maximum. On March 7, the total value of bitcoin options exceeded $ 1 billion. According to the Skew crypto analyst platform, the main exchanges responsible for this feat are Bakkt, OKEx, CME, Deribit, and LedgerX. At that time, Deribit was the exchange with the largest number of open positions for a total of $ 903 million – almost 90%.

Recently, Bybt crypto trading platform rated BitMEX as the largest BTC for the futures market, and Binance as the second. At that time, BitMEX owned 33.64% of all oil production contracts worth more than $ 562 million. Binance accounted for 19.1% of OI contracts worth more than $ 319 million.

Currently, according to Bybt, both platforms are still at positions 1 and 2, although BitMEX has fallen to 33.13%, while Binance is now 17.84%.

Ethereum and XRP Options
Options are investment contracts that give traders the right — but not the obligation — to buy or sell an asset over a specified timeframe for a given price.

Ethereum and XRP options are instantly available on Binance.com, mobile users need to update their apps so they can access them.

“Options contract is a much-anticipated product that allows traders and miners to effectively purchase insurance in their positions and also allows speculators to take advantage of market movements,” said Changpeng Zhao, CEO of Binance, in a blog post.

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Deribit Crosses $1 Billion in Bitcoin Options Open Interest Historic High

Deribit Crosses $1 Billion in Bitcoin Options Open Interest Historic High

Crypto derivatives exchange Deribit, has seen a significant spike in the volume of open positions of Bitcoin on its platform. The exchange reached a new high of $1 billion on May 19, according to data from research and analytics company, Skew.

The latest creation is due to a combination of many variables, such as a large number of stakeholders, as per Deribit ‘s chief enforcement officer Luuk Strijiers:

“The current track is influenced by market optimism, an increasing number of wide and varied international players on Deribit and the efforts made by our multiple stakeholders and us to provide the maximum financial performance, credibility and connectivity and trading alternatives at all moments to a top-quality market.”

Deribit has seen a year-over-year growth trading options of 270 percent in 2020 alone. Last week the average volume of trading also approached $100 million, setting a new high for the last two months. The volume of daily trading also increased by 170 percent in 2020.

Deribit presently has derivative Bitcoin and Ether futures, worth more than $1.3 billion. Bitcoin options represent 74 percent of the total.

Deribit declared its intention, later in January, to transfer its base from Amsterdam. The firm said that it was compelled to do so because the Netherlands intended to introduce new EU rules which will have an impact on the business.

Growth and Trading Target
Open-interest growth is driven mainly by options that expire next month. More than 40,000 contracts that expire on June 26, 2020, are open as of Wednesday.

Options are often more complex than futures contracts since their price depends on some factors such as volatility, expiry time, risk-free interest rate, etc. Further, as expiry nears, options begin to lose appeal.

Futures contract pricing is much easier to understand. As a consequence, futures are much more widely known unlike options, and generally see the higher open interest. In the case of Deribit though, the activity of options is much higher.

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Azeez Mustapha is an experienced author, trader, markets analyst, signals strategist, and funds-manager.