5 tips to consider before investing in cryptocurrencies

Do you want to invest your hard earned money in cryptocurrency? If so, make sure you meet the criteria before making a final decision. Without considering important factors, you may risk losing your money. There are many cryptocurrencies such as Blockchain or Bitcoin. In this guide, we’re going to share with you a few tips you can follow before depositing money. Read on to learn more.

1. Don’t invest too much

First of all, don’t invest an amount you can’t afford to lose. In other words, it should be an amount of money that you don’t need to meet your usual needs. In case you lose your investment, it will not affect your life. It is not very good to take a consumer loan to invest in a cryptocurrency.

2. Examine the subject first

Before investing, be sure to study the subject. After all, it’s not a smart move to invest in something you have no idea about. For example, would you buy a house without inspecting it from all sides? Nobody will do that.

However, this does not mean that you need to become an expert before making these investments. You need to understand the general terms pertaining to the industry.

3. Diversify your investments

Another thing is to focus on diversification. Strictly speaking, this concept matters regardless of the type of field in which you want to do business.

In other words, you can’t invest all your money in just one business. For example, if you have 10 eggs, you may not want to put them all in one basket. Use two baskets instead. So even if you drop one basket and break all the eggs, you will still have half the eggs left in the second basket.

So you need to invest in various businesses such as real estate and cryptocurrency.

4. Inter-exchange transfers

Make sure you use a good cryptocurrency platform. With this platform you can purchase any of the popular cryptocurrencies such as ETH and BTC. If you want to buy another currency, you need to transfer your currency to the interbank market. On these exchanges you can easily exchange your currency pair.

5. Do your own research

As mentioned earlier, you can conduct research before taking a step. Investing based on the advice of a friend or relative is not a very good idea. To do your homework you can use various tools such as Google, Skype, Discord, Telegram, Twitter, discussion forums and help to name a few. It is important not to rush before investing in a project.

So be sure to follow these tips before investing in the world of cryptocurrencies. This way you can avoid the common mistakes that most investors make. Hope this helps.

Absolutely the best way to invest in gold

Proper investment in gold

Investing money that we have a hard time earning into anything is a little scary, but investing it in a valuable resource sounds like a good idea, right? Well, it can be a great idea if you understand how to invest properly. Most people want to rush in and put money on silver, gold or platinum because they are valuable. If I’m going to invest in anything, it will be gold, it’s a little more stable than silver, and not as expensive as platinum. Here are some valuable tips on how to properly invest in gold.

Why invest in gold

Gold is a form of protection against inflation, currency depreciation and global uncertainty. Gold will always be valuable, be it money, jewelry or ingots. It will always matter. Gold is also easy to obtain in various forms. Gold is a precious metal that is mined around the world and valued by many as a status of power and wealth.

How to invest properly

Gold bar

Buy gold physically at different prices. Buying gold coins, jewelry and ingots is a great way to get started. You don’t want to pay high premiums for purchased gold. You will want to buy it pretty close to the spot price. The spot price is the average purchase rate that a person can expect to pay per ounce of gold. Coin traders and jewelers will add a premium to the spot price because they buy at the spot price or just below and they also want to make money on it.

To avoid tearing when buying gold in bullion, coins or ingots, you want to establish a good reason why you want to invest money in the first place. If you plan to make this a long-term investment, you will probably want to buy gold at as close to the spot price as possible. If you want to buy gold for use as money, then buying smaller gold coins is the best idea for you.

ETF

ETFs are gold exchange trading funds, they are a popular way to get gold in your portfolio without having to store heavy metal. Gold EFT tracks the spot price of gold. They will store their gold bars somewhere and give investors access to a variety of different types of gold.

For every pile of EFT gold you purchase, you essentially own about 1/10 ounce of gold. Owning an EFT doesn’t mean you actually own a precious metal, it just means you own a stake in a piece of gold. Often said, EFT can be sold in a short time so that two people can own the same piece of gold.

Gold reserves

Investing in gold reserves is a riskier way to invest in gold, but it is still a popular option. Gold miners are risky because they trade in a wider stock market. If you follow this path, make sure they have good management and inventory.

Don’t make the common mistake of buying small gold miners that are still in the exploration stage. Buy from a well known and growing gold miner. To be effective, you also need to acquire the right amount of stock. Buy in increments of 10 and feel for the Miner in whom you are investing before investing.

In general

Investing in anything is difficult. You need to know the intricacies and disadvantages, otherwise you can make an expensive investment. Not all EFT reserves, gold bullion and gold mining are the same. Each of them will have its pros and cons. However, if I was going to invest in gold, I would personally invest in gold bars. Although the market can be volatile, a piece of precious metal is more valuable than not communicating at all. I would just do my own research and find products that can be easily obtained and be able to keep up with supply and demand.

How to get $ 10 free bitcoin is simple and easy

By now, you’ve probably heard of bitcoin – there are stories of people making thousands of dollars a night on this and other cryptocurrencies.

As with any new speculative investment, there is an element of risk. That’s why starting with a free $ 10 bitcoin is a good way to try it out and start learning how it all works. I myself am still a beginner in all of this and during my research came across this process. It helped me, so I thought I should share it with you.

The first thing you need to know about buying bitcoin is that there are several basic ways to purchase it, and doing so is not that difficult.

The two main ways to purchase bitcoin are through a broker or through an exchange. Check out the Coinbase exchange – this is one of the largest exchanges, they have a clean and clear interface, they have access to applications on various mobile and computer platforms, and you offer $ 10 free bitcoin to get started. There are other exchanges I’ve tried that work well – BTCMarkets and Coinspot to name a good pair – but only Coinbase has $ 10 for the starting bonus.

An additional benefit of Coinbase is that it works locally in multiple currencies – for example, if you are in Australia, all your data will be displayed in Australian dollars, so you don’t need to keep exchange rates on your toes and the like.

It’s also worth noting that bitcoin isn’t the only cryptocurrency Coinbase deals with – you can also buy Etherium (ETH), Bitcoin Cash (BCH) or LiteCoin (LTC) – whichever currency you choose to use, you can still get 10 US dollars free bitcoin.

Without further ado, here it is – how you get a free $ 10 bitcoin:

1) Subscribe to Coinbase (link below this article will allow you to get a $ 10 bonus)

2) Complete the process of setting up an account, including checking your email address, phone number and uploading proof of your license (driver’s license, passport or other photo ID – this can be done by taking a photo with your phone)

3) Enter your credit card details and verify the card by reviewing the transactions that Coinbase will add to your online banking statement (it’s instant and you won’t pay)

4) Order a bitcoin for $ 100, etherium – anything – on your activated account. If your local currency is not USD, you will need to make sure you order an amount equivalent to $ 100

*** IMPORTANT NOTE: All bitcoin purchases pay, and Coinbase is no different. У most, the initial purchase fee of $ 100 should be about $ 4 ***

5) That’s it! In a couple of days, a $ 10 bitcoin will appear in your Coinbase account – even if you calculate the purchase price, you will still be ahead.

So if you are interested in bitcoin, you want to dip your toe without risk and want to get free money (!) In the process, give it a try. The Bitcoin bonus will cover your first deposit fees and help you find out what you are talking about.

Sounds good?

Some concluding remarks:

• This process will only work if you are a new Coinbase customer. If you already have an account, you will not receive a free loan

• You can get a free $ 10 only if you sign up at the link below.

• The above offer is limited in time – after creating an account at the link you have 180 days in which you can buy bitcoin, lightcoin or etherium for $ 100 and get a loan of $ 10.

I hope you have a happy and prosperous future with bitcoins and you take advantage of a free $ 10. Free money doesn’t come every day, and with the rates by which bitcoin has risen recently, $ 10 can multiply pretty quickly! My plan is to just sit on $ 110 for a while, see what happens, and feel the ups and downs of bitcoin. Let’s see how we go.

What to look for when choosing a trading bot for bitcoins

The cryptocurrency market has become very popular and every trader is looking to increase it through bitcoin trading. However, this is a very volatile market that is difficult to keep up with, especially given that this market never sleeps, unlike the stock market. To facilitate traders, trading boots have been developed. A trading bot can be defined as software that is designed to interact directly with financial exchanges to obtain and interpret relevant information so that orders can be bought and sold on behalf of traders.

In essence, bots make decisions by monitoring market price movements and using pre-programmed rules so that losses can be stopped. The bot analyzes market actions, such as price, volume and orders, according to your preferences and the trader’s taste and makes a decision. If you are engaged in bitcoin trading, you can choose the best trading bot to make the process easier for you. But with so many bots like now do you know which one is better?

Customization and ease of use

The interface of a good trading bot should be easy to use by any trader, including those who know nothing about coding. All the information you need is easy to find, and profits are clearly shown along with all the important aspects of the trade, including purchase orders and current sales. All you have to do is enter pairs and numbers and then start trading at the touch of a button. A customizable trading bot, in addition to being simple even for first-time users, is even better. With this feature you will be able to change the appearance of your skin so that you have a program that you will be happy to use every time.

Operating system compatibility

Not all bots are designed the same, and not all traders will use the same operating systems. For this reason, you want to get a platform that works on all operating systems. With such a bot on your side you can access your transactions with Linux, Mac or Windows, depending on the device you are using. With your orders and settings on USB, you will only need to connect to any computer to continue trading with the operating system despite this. As a result, a standalone bot that does not require installation and is compatible with all systems, will be very convenient.

Support for pairs, coins and exchanges

Aside from bitcoins, you can be a trader who is interested in other pairs, exchanges and coins. Therefore, it may be more useful to find a trader’s bot that will be able to place the various coins offered by major exchanges. A fully compiled crypto-bot is great for the spontaneous trader.

Other features of the bot that may be useful are notifications and reporting, real-time testing, and past tests. Find out what a trader’s bot can do, and select accordingly.

10 interesting facts about the dam

The vast majority of platinum production in the world comes from South Africa and Russia.

Platinum is silvery-white – it was once known as “white gold”, and it has a number of useful properties, which explains its application in various industries.

It is extremely resistant to darkening and corrosion (making it known as “noble metal”) and also very soft and pliable, making it easy to mold.

It is also plastic, which allows it to be easily stretched on the wire and does not react, which means that it does not oxidize and is not affected by conventional acids.

Platinum – one of the transition metals, a group that includes gold, silver, copper and titanium – and most of the elements in the middle of the periodic table.

The atomic structure of these metals means that they can easily bind to other elements. Platinum is widely known for being used in jewelry production, but its main application extends to catalysts, electrical contacts, pacemakers, drugs and magnets.

Here are 10 interesting facts you may not know about the dam.

1. About 50 percent of cancer patients currently use platinum-containing drugs, and some of these drugs, such as cisplatin, are also used to treat tumors and cancer in animals. Platinum is considered a biocompatible metal because it is non-toxic and stable, so it does not react and does not adversely affect body tissues. Recent studies have also shown that platinum inhibits the growth of some cancer cells.

2. According to many analysts, platinum production in the coming years is unlikely to grow. Most (about 80 percent) of the dam is mined in South Africa. About 10 percent is mined in Russia, the rest is in North and South America. Because platinum and other platinum group metals (PGMs) are not usually found in large quantities, they are often by-products of other metals. South African producers have already mined a dam that is close to the earth’s surface. Today, producers have to dig the earth’s crust far for metal. Deeper mining leads to higher production costs and less overall production of goods.

3. Almost half of the extracted platinum is used in catalytic converters – the part of the car that reduces toxic gases into less toxic emissions. Platinum and other platinum metals can withstand the high temperatures required for oxidation reactions that reduce emissions.

4. A cylindrical piece of platinum and a platinum alloy is used as an international standard for measuring kilograms. In the 1880s there were about 40 such cylinders, weighing about 2.2 pounds. or 1 pound, were distributed worldwide.

5. Platinum group metals or PGM – one of the rarest metals found on earth. There are two subgroups of PGM: elements of the palladium group – platinum elements (PPGE) and elements of the iridium group – platinum groups (IPGE). The first group consists of platinum, palladium and rhodium. The second consists of iridium, osmium and ruthenium. There are no PGMs that fade and they are very resistant to heat and chemicals. They are all excellent conductors of electricity.

6. Objects belonging to 700 BC. E., contained dam. Other PGMs made their way onto the stage only in the 19th century. Plastic platinum, which is obtained only after purification to essentially pure metal, was first produced by the French physicist PF Shabano in 1789; it was fabricated in a goblet, which was presented to Pope Pius VI. The discovery of palladium was announced in 1802 by the English chemist William Wolostan, who called it the asteroid Pallas. Vulastan later said he had discovered another element present in platinum ore – rhodium. At the discovery of iridium (named after Iris, the rainbow goddess because of the variegated color of its salts) and osmium (from the Greek word “smell” because of the chlorine-like odor of its volatile oxide) the English claimed that chemist Smithson Tennant in 1803.

7. London is a center for platinum trade, but physical delivery usually takes place in Zurich, Switzerland. The NYMEX CME division offers platinum futures contracts. Each futures contract represents 50 ounces of metal. The price of platinum tends to rise and fall given global industrial conditions. The price of platinum peaked in 2008 at $ 2,300 an ounce before the global economic crisis of 2008.

8. Unlike gold and silver, which could be easily isolated in a relatively pure state by simple fire processing, platinum metals require complex aqueous chemical treatment to isolate and identify them. Because these methods were not available until the early 19th century, the identification and isolation of the platinum group lagged behind silver and gold by thousands of years. In addition, the high melting points of these metals limited their application until researchers developed methods for consolidating and processing platinum into useful forms.

9. The transformation of platinum into fine jewelry began around 1900, but although this addition remains important today, it was soon overshadowed by industrial use. After World War II, the expansion of molecular conversion methods in oil refining created a great demand for the catalytic properties of platinum metals. This demand grew even more in the 1970s, when automotive emission standards in the United States and other European countries led to the use of platinum metals in the catalytic conversion of exhaust gases.

10. Platinum mining is both capital and labor-intensive. To obtain one troy ounce (31,135 g) of pure platinum may take up to 6 months and 7 to 12 tons of ore. The first step in this process is the grinding of the dam containing the ore, and the immersion in a reagent containing water – a process known as “foam flotation”. During flotation the air is pumped through an ore-water suspension. Platinum particles are chemically attached to oxygen and rise to the surface with foam, which is removed for further refining. After drying, the concentrated powder still contains less than 1% platinum. Then in electric furnaces it is heated to a temperature above 2732 ° F (1500 ° C), and the air is blown again, removing impurities of iron and sulfur. Electrolytic and chemical methods are used to extract nickel, copper and cobalt, resulting in a concentrate of 15-20% PGM. Aqua regia (a mixture of nitric acid and hydrochloric acid) is used to dissolve platinum metal from a mineral concentrate by creating chlorine that attaches to the platinum to form chloroplatinic acid. In the final step, ammonium chloride is used to convert chloroplatinic acid to ammonium hexachloroplatinate, which can be burned to form pure platinum.

The good news is that not all platinum is obtained from primary sources in this long and expensive process. According to U.S. Geological Survey (USGS) statistics, about 30% of the 8.53 million ounces of platinum produced worldwide each year come from recycled sources. The recycling of the dam helps to promote and protect a valuable natural resource in the future.

The dam can be removed from a variety of sources:

-bars and ingots

-mats and grains

-sponges and powder

-wired and gauze crucibles

-laboratory and thermocouple wire

-medical equipment

-solutions aqua regia.

The processing conditions of the dam are adjusted depending on the type and amount of dam scrap you have and the service you need.

Some of the best cryptocurrencies you can now invest in for a free and secured financial exchange

Cryptocurrency as a modern form of digital asset has gained worldwide recognition for simple and fast financial transactions, and its awareness among people has allowed them to be more interested in this area, opening up new and improved ways to make payments. With the growing demand for this global phenomenon, new traders and business owners are willing to invest in this currency platform, despite its price fluctuations, but to choose the best when the market is full, is quite difficult. The list of cryptocurrencies bitcoin – one of the oldest and most popular in recent years. It is mainly used for trade in goods and services and has become part of the so-called computerized blockchain system, which allows anyone to use them, thus increasing the enthusiasm of the population.

Ordinary people who want to buy BTC can use the wallet system online to safely buy them in exchange for cash or credit cards and comfortably from thousands of BTC funds around the world and keep them as an asset for the future. Because of its popularity, many corporate investors now accept them as cross-border payments, and growth will not stop. With the advent of the Internet and mobile devices, gathering information has become fairly simple, as a result BTC’s financial transactions are affordable, and its value is set according to people’s choices and preferences, leading to a profitable investment. Recent surveys have also shown that instability is beneficial for BTC exchange, as there is instability and political unrest in the country that causes banks to suffer, and then investing in BTC may be the best option. Again, the fee for bitcoin transactions is a fairly cheap and more convenient contracting technology, thus attracting crowds. BTC can also be converted into various currencies and used to trade securities, land titles, stamping documents, government awards and vice versa.

Another advanced blockchain project is Ethereumor ETH, which has served much more than just a digital form of cryptocurrency, and its popularity over the past few decades has allowed billions of people to hold for their wallets. With the ease of the online world ETH has allowed retailers and business organizations to take them for trading purposes, so it can serve the future of the financial system. Also ETH is open source and helps to collaborate with projects of different firms and industries, thus increasing their usefulness. Again, unlike the bit coins used to exchange money on a digital network, ETH can also be used for multiple applications other than financial transactions, and does not require prior government permission so people can use them with their portable devices. The cost of airtime also remains stable, and this avoids breaches by any third-party intermediaries such as lawyers or notaries, as exchanges are largely software-based, allowing ETH to become the second best cryptocurrency you can invest in.

3 good reasons for the world of digital currency – cryptocurrency

Welcome to the “crypto” world!

– Blockchain technology domain

– Cryptocurrency market

– Bitcoin payment system cabinet.

So here’s the trend, or you can call it the “world of digital currencies,” with a big step up the game.

If you avoid bitcoins and cryptocurrencies today, tomorrow you will fall into a bad ditch. It is actually the present and future of a currency that does not know how to stop steps. Since its inception and to this day, it has grown and helped many people around the world.

Whether it’s a blockchain to record transactions, or a Bitcoin system to handle the entire payment structure, or a wallet of Erc20 tokens to define rules, and policies for the Ethereum token – everything goes hand in hand and goes to a new currency beam in the world.

Sounds great, right?

Moreover, with the advent of such a successful currency regime, many firms like to participate in this game. In fact, the whole point is to assist businesses and organizations in obtaining Blockchain technology or cryptocurrencies without any hassle through a reliable Blockchain development company. With a lot of knowledge and capacity, these companies are developing this currency and playing a vital role in the digital economy.

Just for a nanosecond, even if we assume that the cryptocurrency will no longer exist, what will happen then?

Maybe time will attack your mind!

The very first launched by Satoshi Nakamoto, bitcoin became a colonizer, and from that beginning the innovative digital currency turned into a spectrum of good things.

Thus, the question arises – will the development of cryptocurrency or the company-developer of cryptocurrency disappear by the end?

In fact, predicting the future is not possible, but we can say that the cryptocurrency or Erc20, or Blockchain, or a company that develops Bitcoin wallets, will be with the same sense of enthusiasm and passion to lend a hand to business verticals and organizations.

John Donajo, a former CEO of eBay, said: “Digital currency will be a very powerful thing.”

And it turns out to be very accurate as time goes on.

In fact, it has good reason for the success of this concept.

Proof of fraud:

The blockchain is connected with cryptocurrency. Thus, every transaction is recorded in this general ledger, avoiding fraud. And all individuals are encrypted to overcome identity theft.

Erc20 takes care of all rules and protocols, so rules and orders are not violated. If you participate, be sure to contact the Erc20 developer and report that it is designed according to the rules.

You are the sole owner:

There is no third party or other assistant or electronic system to evaluate what you are doing. Only you and your client support the end-to-end experience. Isn’t that a great concept?

The arrangement is instant and everything between you and your seller is without any other obstacles. After all, this is your call.

Easy to fit:

The internet has done everything within reach and at hand. It plays an indispensable role in the digital currency market or the stock market. You will have the best currency exchange option rather than the traditional and time consuming ways. And, a great way to learn about you is how passionate you are about cryptocurrencies.

If you are a business owner and expect to encounter cryptocurrency in your area, always move forward with a decisive shot. Approach a reliable supplier or developer of a cryptocurrency exchange, discuss everything with all the open cards, and then hit the ball in court.

Predicting the price of gold is a fool

It is sometimes frustrating to observe that the focus is on gold price forecasts. The more sensational and spectacular the price forecast, the greater the cacophony.

It is worth looking back at a few of these predictions to help put things in perspective.

TITLE: Forecast $ 6,000 gold and analyze gold mining through visualization January 23, 2012

Quote: “If the current bull gold market had followed the time and scale of the bull market in the 1970s, the price of gold would have reached $ 6,000 by 2014. ”

Gold price January 23, 2012: $ 1679.00 per ounce.

Gold price March 14, 2014: $ 1382.00 per ounce.

Gold price as of December 31, 2014: $ 1181.00 per ounce.

How far from the base can price forecasting be? Gold not only did not reach the target price, but also went in the opposite direction – starting the same month – and continued to decline by thirty percent over the next two years, ending on December 31, 2013 at $ 1205.00 per ounce.

The problem is not the plausibility of the $ 6,000.00 gold. This is very plausible, and possible; can even probably. However, the forecast was specifically time-oriented and terribly misjudged in terms of direction and timing.

All that is forgivable. If you do not own a subscription service and / or do not give investment advice to other people and do not provide trading advice.

TITLE: JPMorgan forecasts gold at $ 1,800 by mid-2013 February 1, 2013

Quote:JPMorgan sees gold at $ 1,800 by mid-2013, when South Africa is “in crisis” and “growing” “in a crisis,” Bloomberg reports.

The price of gold on the date of the title was $ 1667.00 per ounce. Five months later, on June 29, 2013, the price of gold was $ 1233.00 per ounce.

The call for $ 1800.00 gold was a “safe” forecast. Only an eight percent increase from the existing (at the time) level of $ 1667.00 would result in a gold price of $ 1800.00.

But, as in the previous example, the price with revenge went south; this time down twenty-six percent in five short months.

TITLE: Trump won the $ 1,500 signals Gold … November 10, 2016

Quote: “US President Trump’s victory in the US signals $ 1,500 an ounce for gold … in the medium term.”

Gold price November 10, 2016: $ 1258.00 per ounce.

Gold price July 31, 2017: $ 1268.00 per ounce.

Apparently, gold has not seen a “signal” as its current price is almost identical to the price on the day the forecast appeared in print immediately after last November’s election.

And what does the writer mean by “intermediate term”? The larger the time frame, the smaller the value in forecasting. The projected growth of the dollar is twenty percent. If it takes two years, that’s about ten percent a year. In that case – or if it takes more than two years – is it worth the headline with a fat face?

TITLE: Trump will direct the price of gold at $ 10,000 November 10, 2016

Gold prices and dates are the same as in the example above. If gold is right where it was ten months ago, when can we expect some progress in achieving that price target?

More bizarre price forecasts usually focus on the fall or collapse of the monetary system. The breakdown comes as a result of the complete abandonment of the US dollar after decades of depreciation. People simply refuse to accept and withhold US dollars in exchange for the goods and services offered.

Suppose at this time you own gold. Would you sell? At what price? How many unnecessary US dollars would you part with an ounce of gold?

If someone offered you one billion monopoly dollars for an ounce of gold today, would you take it? How about ten billion?

Well, what if we see a sharp decline in the value of the US dollar over the next few years? For example, a decrease means a loss of purchasing power of the dollar by fifty percent from the current level. This will equate to a gold price of approximately $ 2500.00 per ounce, which is twice the current level.

This is true when the gold and the US dollar are currently in equilibrium (I think they are). In other words, the current price of gold at $ 1250/60 accurately reflects the cumulative decline in the value of the US dollar since 1913.

A fifty percent reduction in the purchasing power of the U.S. dollar would be reflected in higher prices for other goods and services; a model that has become too familiar over the last hundred years.

If the market is functioning, and if you are selling gold and making a profit, how much more will it cost everything you decide to buy? Do you really think you will be able to buy other valuables at “discounted” prices at the time?

Gold in 1913 was $ 20.00 an ounce. It is currently $ 1260.00 per ounce. This is an increase of more than sixty times. But this is not a profit. Because the general level of prices for goods and services today – generally speaking – is sixty times higher than in 1913.

There are times when you can profit from sharp gold movements in short-term situations. Typically, this is on the eve of major movements in the price of the US dollar, reflecting an awareness of the cumulative decline in the purchasing power of the dollar. And, to a lesser extent, recognizing when the expectations of others bring the price of gold much higher than the equilibrium against the US dollar.

In 1999/2000 gold reached a low of $ 250-275.00 per ounce. Shortly thereafter, it embarked on a ten-year outlook that culminated in a peak price of about $ 1,900.00 per ounce in 2011.

After its peak in 2011, gold fell to a low of just over $ 1,000.00 an ounce over the next five years. The short-lived rebound in early 2016 brought it back almost to its current level ($ 1250-1350.00), where it tended to stay unbroken to a large extent.

Where were all these “experts” in 1999/2000 and what did they predict then?

And since 2011/2012? They repeat almost the same thing over and over again. Buy now! Buy more! It’s not too late!

One day it will be too late. But now it is more than ever a matter of financial survival. The obsession with profit, forecasting and trading has overshadowed the true foundations.

And one way or another, most people’s profits are likely to deteriorate before doing anything significant with them.

Gold – physical gold – is real money. It’s real money because it’s an accumulation of value. And its value is constant. The value of the US dollar continues to decline over time. The value of the US dollar and people’s perception of it, as well as their expectations of it, determine the price of gold.

6 Benefits of investing in cryptocurrencies

The birth of bitcoin in 2009 opened the door for investment opportunities in a completely new type of asset class – cryptocurrency. A lot went into space early.

Interested in the enormous potential of these young but promising assets, they bought the cryptophone at cheap prices. So in 2017, they became millionaires / billionaires. Even those who did little received a decent income.

After three years, cryptocurrencies still remain profitable, and the market remains here. Maybe you are already an investor / trader or maybe you are thinking of trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies.

Cryptocurrencies have a bright future

According to the “Imagine 2030” report published by Deutsche Bank, credit and debit cards will become obsolete. They will be replaced by smartphones and other electronic devices.

Cryptocurrencies will no longer be seen as outcasts, but as an alternative to existing monetary systems. Their benefits, such as security, speed, minimum transaction fees, ease of storage and relevance in the digital age, will be recognized.

Specific regulations promote cryptocurrencies and increase their use. The report predicts that by 2030 there will be 200 million users of cryptocurrency wallets, and by 2035 – almost 350 million.

The opportunity to be part of a growing community

#IndiaWantsCrypto from WazirX the campaign recently ended 600 days. It has become a mass movement that supports the adoption of cryptocurrencies and blockchain in India.

In addition, a recent Supreme Court ruling that lifted RBI’s ban on crypto banking from 2018 has instilled a new surge of confidence among Indian investors in bitcoin and cryptocurrencies.

The Edelman Trust Barometer 2020 report also notes the growing people’s faith in cryptocurrency and blockchain technology. According to the results, 73% of Indians trust cryptocurrencies and blockchain technology. 60% note that the impact of the cryptocurrency / blockchain will be positive.

As an investor in cryptocurrency, you remain part of a thriving and fast-growing community.

Increase profit potential

Diversification is an important investment rule. Especially at a time when most assets have suffered heavy losses due to economic hardship caused by the COVID-19 pandemic.

While investing in bitcoin has yielded 26% return since the beginning of the year to date, gold has returned 16%. Many other cryptocurrencies have a three-digit ROI. Stock markets, as we all know, have published horrible results. In April, crude oil prices are known to have fallen below 0.

Inclusion in your portfolio of bitcoin or any other cryptocurrency will protect the value of your fund in such uncertain situations in the global market. This fact also impressed billionaire macro hedge fund manager Paul Tudor Jones when a month ago he announced plans to invest in bitcoin.

Cryptocurrency markets operate 24X7X365

Unlike conventional markets, cryptocurrency markets operate around the clock, all days of the year without fatigue. This is because digital currency systems are essentially designed using software code that is provided with cryptography.

The operational plan does not provide for human intervention. This way, you are free to trade cryptocurrencies or invest in digital assets if you wish. This is a great benefit! Cryptocurrency markets are very efficient.

For example, since its inception in 2009, Bitcoin has successfully processed 99.98% uptime transactions.

Tweet: https://twitter.com/fernandoulrich/status/1185368277557620736

No documents or formalities are required

You can invest in bitcoin or any other cryptocurrency anywhere and anytime without any unnecessary conditions.

Unlike conventional investment options, where an absurdly large amount of documentation is required to prove yourself as an “accredited investor,” crypto-investments are free for everyone. In fact, this was the goal behind the creation of cryptocurrencies. Democratization of finance / money.

To buy any cryptocurrency on WazirX, you need to open an account for which you just need to provide some basic data including your bank account details. Once they are checked, within hours, you are ready to go.

The sole ownership of the investment

By buying bitcoin or any other cryptocurrency, you become the sole owner of this digital asset. The transaction is peer-to-peer.

Unlike bonds, mutual funds, stockbrokers, no one “manages your investments” for you. You call for a sale whenever you want.

User autonomy is the biggest advantage of cryptocurrency systems, which provides incredible opportunities for self-investment and building a fixed capital.

These were some of the benefits of investing in cryptocurrencies. We hope you find them useful and compelling enough to begin your crypto-investment journey.

Good news for gold

If you ever get a chance to go hiking near an old gold or silver mine, take advantage of it. I did this many years ago. It’s not only a great experience, but also made me the best investor in metals.

Why? Well, there is nothing like seeing the long-dead, abandoned mines with your own eyes. You visually understand that ten years ago someone calculated supply and demand – and you guessed it wrong.

This has been the case in recent years, when gold prices have fallen since 2011.

But that is about to change …

My hike was a real moment. I was at Reno for a conference. My buddy had a topographic map of the old mines in the high desert of the Santa Rosa Mountains, about four hours to the north.

We drove up, set up camp among the wormwood and the next morning climbed the steep slope of the hill to a small plateau. There we found the entrance to the mine (dynamically closed), an old wooden hut and other fallen remnants of the operation.

We also found a “power plant” mine: a long-rusty T-frame that sits on blocks. Instead of wheels he had large spindles of conveyor belts screwed to the axles!

In terms of time and technology, it’s a great distance from this old mine to the huge gold mines that permeate the pile north of Nevada.

But long multi-day cycles of supply and demand, boom and fall remain. And while few outside the industry are talking about it yet, the seeds for the next boom are already in the wind.

The reason is related to world production.

The peak of gold?

According to industry insiders, major investment bankers and others, 2015 will be a peak in world gold mining.

If you believe in common sense that a large number of offers equals lower prices, then this is bad news.

Good news? The same sources say that in 2016 and beyond, production dropped significantly.

The gold mining statistics in Nevada tell a small part of the story.

Last month, the state’s mineral division compiled gold mining statistics for 2014: it dropped to 4.9 million ounces, the lowest in 27 years.

But here’s the bigger trend: total production in Nevada actually peaked in 1998 – nearly 9 million ounces. Since then, gold mining has declined over 12 of the last 17 years.

What’s going on? In a nutshell, areas with high-grade ores were all systematically excavated. And because Nevada contributes the lion’s share of America’s gold mining, America’s production data tells a similar story.

Statistics from Australia and South Africa are almost the same. Gold mining in South Africa peaked in 1970. Australia peaked in 1997.

For a long time, production from China and Russia filled the gap.

But with falling gold prices, increasing the number of mines and gold mining companies wisely avoiding new projects, the “production break” (as some analysts call it) is finally on the verge …

  • The March Goldman Sachs report left “20 years of known gold reserves” in the world. The bank has noted fewer discoveries of new gold deposits since 1995.

  • Earlier this month, analysts at the National Bank of Canada told The Financial Post: “It’s not about when and even when a production outage occurs. It’s really a question of how companies will react.” According to the bank, world gold production will fall sharply in the next few years.

  • Similarly, an analyst from Grant Thornton told AustraliaMining.com that “2015 will be the peak of world gold production.”

Hidden golden buffer

So if all this is true, would you say why we haven’t seen higher prices yet?

One important reason is the impact of “gold scrap” on the world market. All of these molten earrings, bracelets and dental fillings are the main source of supply – 36% in 2011 and 2012.

But this source is steadily drying up. In 2014, only 28% of world gold supplies came from recycled sources. The World Gold Council noted that supplies of processed gold had reached their lowest level since 2007.

These trends continue in 2015. The group says refined gold supplies fell 3% and another 8% in the first two quarters of the year (compared to last year).

The supply crisis will lead to higher prices

Here’s the bottom line: it takes time for new information to hit any market. The boom and falling gold prices? This is old news, completely reduced in price for the metal and its miners.

But what do most people still not understand (and are unlikely to believe if you told them)? The golden “production break” meets the requirements. As the new data justifies the forecast, see that it will become the main new catalyst for gold prices in the coming quarters.