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Is Cryptocurrency a Good Investment?

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When it comes to investment, you have to realize that each sector has its importance. An ideal investment option is to understand how much percent of your money should go to a particular industry. For example, an experienced investor will not put money in one sector alone. Some percent of the funds will be in stock markets, some in forex markets, a fixed amount in banks, bonds, etc. With the emergence of new technology and investment options, people have more avenues to explore their investments. One such new arena is cryptocurrencies.

If you are keen to know more developments about cryptocurrencies and related articles and analyzes, you can start reading crypto-specific financial publications and websites. You can follow crypto news at Fastbull to get insights into the emerging equations and several aspects of cryptocurrency trading.

In this article, let’s understand the advantages and disadvantages of investing your hard-earned money in cryptocurrencies.

Extreme Volatility

When you invest in stock markets or forex markets, prices will be volatile, but it is challenging to predict volatility in cryptocurrency trading. If the price of a cryptocurrency like Bitcoin goes up by five percent, it can drop by another 10 percent the next day. When you are investing in stock markets, they are regulated by the exchanges. Still, there are no regulators in the case of cryptocurrencies, and the governments also have no control over them. Besides, there is a possibility of hacking into cryptocurrency exchanges and stealing your digital currencies. It is easy to buy cryptocurrencies like Bitcoin or Ethereum from popular cryptocurrency exchanges. Still, many investors don’t like to keep their assets in exchanges due to their apprehensions about safety. Considering that not many governments are wholeheartedly accepting the spread of cryptocurrencies, some nations could intervene in the activities of exchanges, putting your investment in jeopardy. Though hardware wallets are available for keeping your assets safe, you will have to ensure that you don’t lose the private key. If the key is lost, you will be unable to get back the currency.

Scams Related to Cryptos

Investors are aware of the popular cryptocurrencies such as Bitcoin and Ethereum. But the investors should also understand that there are around 20,000 cryptocurrencies in the market now. With no regulator and government control, an investor can’t assess the safety features of a new currency in the market. The intention of some of the currency operators might be to cheat people with their offers. There are many reports of scams related to new cryptocurrencies. So, you need to study more about the reputation and history of the currencies you want to buy.

Invest in Safe Options

If you want to invest in cryptocurrencies, you can allocate some percentage of your investment to buy reputed coins. For example, if you’re buying Bitcoin, you can consider it a long-term investment. With the prices of cryptocurrencies fluctuating, you can buy when it comes down. Bitcoin, regarded as digital gold, is the most popular cryptocurrency in the market. Despite its high price, investors buy the currency hoping that it will appreciate further in the future. Besides, there are only lesser than 21 million Bitcoins in the market, increasing their scope of appreciation in the upcoming years because of their limited supply.

On the other hand, the central banks of nations will print currencies according to the demands, increasing the possibility of depreciation in their value. Similarly, many investors prefer buying Ether due to its connection with Ethereum’s global platform that provides decentralized applications (dApps). Some other platforms, such as Avalanche, Solana, and Polygon, provide tough opposition to Ethereum. So, if you are looking at long-term investment in cryptocurrencies, invest in reliable currencies that can offer you good returns in the future.

Short Term Investment

If you don’t like to invest your money for the longer term in the cryptocurrency market, you can try the short-term option. Such investors intend to make good profits by utilizing the volatility in cryptocurrencies. Many short-term traders prefer Dogecoin for making profits because of the currency’s volatility history. Another strategy by investors is to buy during price crashes and sell once the market recovers. During a bear market, the prices of some cryptocurrencies have a history of falling more than 80 percent several times. It can be a buying opportunity for many short-term investors.

Other Options

If you consider cryptocurrency investment a high-risk option, you can avoid investing directly in the market. Instead, you can opt for investing in stocks that deal with cryptocurrencies and platforms. Some of such companies are CME Group, Coinbase, Block, etc. Besides, investors need to update themselves with the latest developments in the cryptocurrency market. If you are unaware of what’s happening with the crypto sector, it will harm your prospects of understanding the new and emerging trends in the industry.

Investment

Investing in Gold is a Good Idea and Here’s Why

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Gold has been a valuable resource for centuries, and with good reason. It is rare, durable, and easy to trade. These days, many people are investing in gold as a way to protect their wealth. There are plenty of ways to invest in gold, from buying physical gold to investing in gold-based stocks and mutual funds. So, read on for some valuable info on how gold investments work, why you should invest in gold, and the different ways to do so.

What Is Gold Investment?

Gold investment refers to the purchase of gold to hold it as a long-term investment. Gold has been used as a form of currency, jewelry, and decorative items for centuries. More recently, however, gold has become an important asset in investment portfolios. Many people view gold as a haven asset, meaning that it holds its value well during times of economic uncertainty. You can learn more from the Oxford Gold Group to see how you can start. Gold is a scarce resource, which means that it is not subject to the same inflationary pressures as other assets such as stocks or real estate. Gold is also durable, meaning it does not corrode or tarnish over time.

Reasons You Should Invest

There are several reasons why you might choose to invest in gold.

  • Gold acts as a hedge against inflation. When the price of gold goes up, the purchasing power of your investment increases as well. This is because gold tends to move in the opposite direction of other asset classes such as stocks and bonds. So, if the stock market crashes or inflation rises, the value of your gold investment will likely go up.
  • Diversify your portfolio. This is because it does not move in the same direction as other asset classes. For example, if the stock market crashes, the price of gold will likely go up. This diversification can help to protect your wealth and limit your losses in the event of a market crash
  • It has been shown to outperform other asset classes over the long term. A study by Monex Precious Metals found that gold outperformed stocks, bonds, and cash over 20 years from 1995 to 2015. The study found that gold returned an average of 9.4% per year during this period, while stocks returned an average of 7.2% and bonds returned an average of 5.5%

How to Invest in Gold

Now that you know some of the reasons why you should invest in gold, let’s take a look at how to do it. There are several ways to invest in gold, each with its own set of benefits and risks  The most common way to invest in gold is through bullion or coins, stocks or mutual funds, or exchange-traded funds (ETFs) that track the price of gold.

Bullion or Coins

This is the most direct way to invest in gold. You can purchase gold bullion, which is gold that has been cast into bars or ingots, or coins. The benefit of investing in bullion or coins is that you have complete control over your investment. You can keep it in a safe deposit box at a bank or home. The downside of this method is that it can be expensive to purchase large amounts of gold and there are storage and insurance costs to consider.

Stocks or Mutual Funds

You can also invest in gold indirectly by purchasing stocks or mutual funds that invest in companies involved in the production of gold. These include mining companies, jewelers, and other businesses that use or produce gold. The benefit of this method is that you don’t have to worry about storing or insuring your gold. The downside is that you will be subject to fluctuations in the stock market.

Exchange-Traded Funds (ETFs)

Another way to invest in gold is through exchange-traded funds, which are investment vehicles that track the price of gold. The benefit of this method is that it is a relatively low-cost way to invest in gold. The downside is that you don’t own any gold. Additionally, ETFs are subject to fluctuations in the stock market. For example, if the stock market crashes, the value of your ETF could go down.

Risks to Consider

Gold is a relatively low-risk investment. It is not subject to the same fluctuations as other asset classes, such as stocks or real estate. However, there are still some risks to consider before investing in gold

  • The first risk is that the price of gold could go down. While this is unlikely, it is still a possibility.
  • The second risk is that you could be scammed. There have been cases of people selling fake gold or gold that is not as pure as they claim. To avoid this, only buy from reputable dealers and make sure to have your gold tested for purity.
  • The third risk is that you could lose money if you don’t diversify your portfolio. This is because all investments come with some risk of loss. So, if you invest all of your money in gold, you could lose everything if the price of gold goes down. To protect yourself, you should diversify your investments and put some of your money in other asset classes, such as stocks or real estate.

How Much You Should Invest in Gold

There is no one-size-fits-all answer to this question. It depends on your circumstances and investment goals. However, most financial experts recommend that you allocate 5-10% of your portfolio to gold. This will give you some exposure to the metal without putting all of your eggs in one basket. When deciding how much to invest in gold, it is important to consider your investment goals. For example, if you are investing for retirement, you may want to allocate a larger portion of your portfolio to gold than if you were investing for a short-term goal. Additionally, it is important to consider your risk tolerance.

Gold is a good investment because it is a relatively low-risk investment. It has also been shown to outperform other asset classes over the long term. You can invest in gold through bullion or coins, stocks or mutual funds, or exchange-traded funds (ETFs). However, there are some risks to consider before investing, such as the possibility that the price of gold could go down or that you could be scammed. To protect yourself, you should diversify your investments and put some of your money in other asset classes, such as stocks or real estate.

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Here’s Everything You Need to Know about Non-Fungible Tokens

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You may have heard of non-fungible tokens or, more likely, about these mystical treasures called NFTs. Fear not friend: the following article will explain what NFTs are, what they’re about, and what they are related to.

Non-Fungibility

This, fundamentally, is what NFTs are all about. Consider, if you will, the Mona Lisa, a priceless piece of artwork by just about anybody’s standards. Anyone could take a picture of it, and any highly talented artist could paint a copy of it, but these would never be as valuable, because they will never be the original painting created by Leonardo da Vinci. “Artworks”, therefore, are fundamentally different from items with templated artistic designs, such as bank notes, which are designed to be copied on mass. These are what are known as fungible, i.e. replaceable and mutually interchangeable. Original artworks, however, are non-fungible, in that they are unique and irreplaceable.

How this Applies to Digital Artwork

Some of you might remember the viral YouTube video Nyan Cat, first uploaded in April 2011. The fact that Nyan Cat has been copied and downloaded millions of times over the past decade, however, does not change the fact that the original animation was created by someone, in this case a 25-year-old man from Dallas, Texas called Christopher Torres. As the originator of the meme, there is a level of ownership attributed to the success of that post. However, unlike the Mona Lisa, Nyan Cat is not made of paint but of computer code, and so authenticating the originality of the work takes more than a physical signature provided by the artist.

Where NFTs Come In

Non-fungible tokens (NFTs), are, in essence, digital signatures attached to original code or software, consisting of digital data stored in a blockchain, i.e., a form of distributed ledger. They are relatively easy to create but are uniquely identifiable. Alternatively, one can simply buy NFTs from online suppliers from various sources. This helps to provide financial security for the originator of that data, whether that be an mp3 or mp4 file, a jpg, or more advanced directories and files like those of a computer game program. Whilst NFTs do not necessarily grant intellectual property rights in a legal sense, as it does not necessarily restrict the sharing or copying of digital files, they nonetheless are a recognized form of providing public certification of authenticity or proof of ownership.

Why Do This?

If you were to ask Chris Torres about the lucratively of having an NFT on a simple animated gif that just so happened to go viral once, then he may tell you that in February of 2021 he created an updated version of Nyan Cat, selling this as an NFT for 300 ether (Ethereum, a native cryptocurrency), which at the time of sale was roughly equivalent to around 587,000 US dollars. Moreover, considering that NFTs can be bought and sold, just like priceless physical artworks, there is no telling how far that price tag may skyrocket if Nyan Cat finds itself written into the pages of internet history.

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Discover VGX and BRISE Tokens

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Today’s article is devoted to getting to know two well-known crypto platforms. More detailed information about them will help you plunge into the world of cryptocurrencies.

VOYAGER(VGX)

The Voyager Native Broker Token (VGX) is a liquid, functional token that will provide value and utility to the entire Voyager ecosystem, including trading, storage, and wallet products. Tokens can be placed or used for various purposes, which greatly improves the customer experience. By holding VGX, users can take advantage of holding their own keys to their crypto funds (“your keys, your coins”), as well as being able to quickly trade their crypto assets.

Voyager complies with state, federal and international regulations and actively cooperates with regulatory authorities to maintain the highest standards of compliance.

By using the broker’s own VGX token, the user gains significant value and benefits. As part of Live Trading, the ability to trade from its own storage, the VGX token will enable instant blockchain transactions, allowing users to execute split-second trades directly from self-storage wallets. As part of Live Trading, VGX holders can use tokens to pay fees and receive discounts.

It is necessary to keep track of the VGX price, as the market does not stand still, so in order not to miss important details, hurry up the trusted site LetsExchange.

Advantages:

Cashback

In addition to the discounts clients receive on withdrawal fees and real-time trading fees, clients will be given access to a unique reward system based on VGX token ownership. Clients can not only trade commission-free, but they can also get money back every time they trade.

Earning Interest

Voyager is one of the few brokers that offer block-free interest-bearing accounts along with competitive trading offers. Users are provided with basic interest rates with the possibility of increasing interest due to the functionality of the tokens.

Additional Benefits

In addition, the VGX token provides users with additional rewards, benefits and advantages. As Voyager adds products such as debit cards, margin, credit, and integrates a universal wallet into Voyager apps, VGX token holders will enjoy additional benefits.

BITGERT (BRISE)

Bitgert is a crypto engineering agency that specializes in blockchain products and audit solutions.

The platform uses the DeFi protocol and is built on the Binance Smart Chain (BNB) blockchain. It was launched in July 2021 and initially used BNB tokens to pay rewards.

The BRISE coin is used as a peer-to-peer means of payment in the BRISE dApp Wallet, which does not charge any transaction fees. This allows both the seller and the buyer to interact directly without the involvement of a third party.

The platform also implements the concept of buyback of cryptocurrencies, and thus “holding the BRISE coin becomes more attractive.” The buyback policy gives investors more reasons to buy and hold cryptocurrencies, which stimulates demand and, accordingly, increases its price. BRISE price can be tracked on our special website, which shows you all the necessary statistics at once

Each transaction is subject to a 5% repurchase tax, which is withheld in the smart contract. If a sale occurs, a portion of the repurchase tax paid is used to purchase tokens from the liquidity pool, which are immediately burned thereafter.

Explore the market, and our site will help you find updated and relevant information about all the changes in the crypto ecosystem!

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