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Boost Your Retirement Through Investing Into Cryptocurrency

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Across the world, human life expectancy has grown by leaps and bounds. Compared to the 1950s, it has shot up by 50% and comparison with 1980s it has increased by 30%. Long gone are the days when company-sponsored pension plans alone were sufficient to spend one’s golden ages in a relaxed and worry-free manner.

Today, with ascend other expenses like housing, education, healthcare and more, several people are finding it increasingly challenging to save for their retirement.

Unfortunately, the bitter truth is that people of all generations from baby boomers to millennials aren’t saving enough for their retirement. Saving is one of the most underrated worldwide epic crises.

“Retirement is complicated. It’s never too early or too late to start preparing for your Retirement.”

Thus, people are trying for alternate opportunities that provide them with higher returns in shorter span period. Traditionally, real estate, private equity and venture capital was wanted. Now, a new and more additional moneymaking and lucrative investment has joined the picture – enter cryptocurrencies.

Cryptocurrency Investments – For those who don’t want to place all their Eggs in one Basket

One of the biggest advantages of cryptocurrency investments is that it decouples your portfolio from reserve currencies. Say, if you live in the UK, then you’re bound to have shares of UK-based companies in your retirement portfolio, if you’re into equity. What will happen to your portfolio if the British pound were to crash? And given, today’s volatile political scenario across the globe, nothing is certain.

Therefore, cryptocurrency investments make the most sense. With digital currency investments, you’re effectively creating a basket of digital coins, that acts as an effective hedge or as a safe bet, against reserve currency weakness.

The average investor should allocate only a small portion of his/her retirement assets into crypto, due to its volatility. But, instability can cut back both ways – think back to the healthcare stocks of the 1950s and the tech stocks of the 1990s. The smart early investors were the ones who made it big.

Don’t get left behind or lose out. Include crypto in your assets to start building a truly, diversified portfolio.

Cracking the Wall – Build your Trust in Cryptocurrencies

One of the biggest and foremost hurdles most first-time crypto investors face is that they can not trust digital currencies. Many, especially people who are not tech-savvy or nearing retirement do not perceive what the promotion is all about. Sadly, they fail to realize and appreciate the myriad potentials of cryptocurrency.

The reality is that – Cryptocurrencies are one of the most reliable assets, backed with the latest technology. The blockchain technology that powers digital currencies makes it possible to trade immediately and indelibly without the requirement for third-party verification. It’s a peer-based system that is entirely open and runs on advanced cryptographic principles.

Retirement Planning Funds Should Work on Demystifying Cryptocurrencies

To build the trust and win the support of individuals, retirement planning funds must educate investors about the endless potentials of cryptocurrencies. For this they need advanced analytics that helps in providing reliable risk analysis, risk/return metrics and projections.

Additionally, investment firms can set up specialized cryptocurrency advisory services to help and guide new investors. In the coming years, one can expect several smart AI-based advisors to crop up on the scene – these will assist in calculating the right investments based on an individual’s time horizon, risk tolerance and other factors.

Human advisors can work along with these intelligent advisors and provide customers with personalized consultation and other suggestions as and when needed.

Need for More Visibility and Comprehensive Control

Retirement investors who are looking to add cryptocurrencies to their asset portfolio require more control and visibility as they experiment with this new asset. Look for platforms that let you combine all your assets in one place. An integrated solution that enables you to manage and balance all your assets including traditional ones like bonds and stocks with new asset classes like cryptocurrency wallets.

Having such a broad platform that supports all your assets gives you a holistic portfolio analysis, helping you make better and more informed decisions. Thereby, you reach the ultimate aim of saving for your goals faster.

Look for investment planning portals that also provide additional features like periodic contributions to cryptocurrencies at scheduled or unscheduled intervals.

Advances in Supporting Technologies for Cryptocurrency Investing

Cryptocurrency investing will become mainstream only when the supporting technology makes it possible for investors to seamlessly trade coins, even for new investors who aren’t aware of the know-how. Exchanging one digital coin for another, or even for fiat currencies and other non-tokenized assets must be all made possible. When this becomes possible, it will eliminate middlemen from the equation, thereby lowering costs and additional fees.

With maturation of technologies that support cryptocurrency investments and trading, the value of digital currencies will further increase, as the currency goes mainstream with broader accessibility. This means early adopters are in for a huge gain. As more and more retirement investment platforms integrate cryptocurrency, the value of digital currencies is bound to increase offering significant gains to early adopters like you.

If you’re wondering, whether such retirement investment platforms will take a few years to see the light of the day, then you’re wrong. Auctus is one such portal that is currently in its Alpha phase of launch. It’s a first-of-its-kind retirement portfolio platform that includes digital currencies. Users of Auctus can get investment advise from both human and AI-powered analytical tools.

For now, users can save for retirement using Bitcoins, Ethereum and several other digital currencies. Additionally, users can make use of the Automated rebalancing feature that lets them adjust their portfolio automatically using a set of preset rules.

This holistic approach ensures that users can achieve their retirement goals earlier by making smart and the right investment choices or decisions.

Final Thoughts – Cryptocurrencies are Not to be Ignored in your Retirement Portfolio

Yes, it’s true that cryptocurrencies are highly volatile. In fact, there are speculations on the internet that suggest that “cryptocurrencies are nothing but a get rick quick scheme” and the bubble is likely to burst sometime in the near future.

The uncertainty doesn’t mean that cryptocurrencies shouldn’t be a part of your retirement portfolio, even if you short investment time horizons. On the other hand, the current slump in the prices of cryptocurrencies in 2018 mean you’ve got a rare opportunity to build gains.

Greater trust, holistic and directly controllable investment management capabilities and advances in supporting technologies ensure that digital currencies make for an excellent investment choice to include in your retirement portfolio.

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“The United States Is Already Mining” Bitcoin… “Maybe,” Says Compass Mining CEO

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Compass Mining, U.S. flag and helicopter

Does the Compass Mining CEO know something we don’t? Is The United States mining Bitcoin? Whit Gibbs was a guest in a recent episode of Anthony Pompliano’s “The Best Business Show” and spilled the beans… or did he? The host cleverly disguised his question by talking about other countries following El Salvador’s footsteps and starting mining Bitcoin. He also mentioned Venezuela and other not-friendly to the U.S. countries already doing it. Then, he asked point-blank, what would it take for their country to start mining?

Related Reading | Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

“The United States is already mining,” Gibbs answered. And then softened the blow with a “Maybe.” If true, this is huge. And the implications are even greater. “They might have like 10 or 20 watts running somewhere in the midwest to test it out. Maybe. It’s hypothetically speaking. But, it’s a matter of national security.” Was that hypothetical? Or was the Compass Mining CEO giving us inside information? That’s what we’ll try to figure out.

But first, here’s the video: 

What Does The Compass Mining CEO Know?

Well, for starters, he knows Bitcoin is the hardest asset ever created. “When it comes to mining, when you’re talking about what Bitcoin is, whether it’s a store of value, it’s a medium of exchange. It’s the future financial instrument that many, many things are going to be built on top of. Nations would have to be absolutely out of their mind to not be getting some exposure to the underlying infrastructure which supports it.” 

So, it’s safe to say that the Compass Mining CEO is bullish on Bitcoin. Why do we think he might know something the rest of the world doesn’t, though? Gibbs continues, “So, the US I think is on the front foot. We’ve had a lot of conversations with the government in DC, state governments, to help educate them, but they are very forward-thinking when it comes to supporting this.”

So, does the Compass Mining CEO know something we don’t? Is The United States mining Bitcoin already?

Gibbs completes the idea by saying that El Salvador is showing the way to countries that are not at the forefront and, historically, have been hurt by the current system. They now know that being early to Bitcoin can make a huge impact and “get them there.”

BTC price chart for 12/03/2021 on FTX | Source: BTC/USD on TradingView.com

Other Countries That Are Already Mining Bitcoin

Story Time With Pomp And Gibbs. The host senses that the guest knows something and tries to get it out of him. Pompliano shares a story with him: he knows that in 2012-2013 a Federal law enforcement agency was mining Bitcoin. The rationale was that they couldn’t get a budget approved to buy Bitcoin at exchanges to fund black/ undercover operations. So, they filled papers to get computers instead and started mining. The Bitcoin they got was untraceable, it had no history. And they used it to run operations.

Then, it was Gibbs turn. “So, this is how you get in trouble,” the Compass Mining CEO answered. Cleverly, he shifted the focus from the U.S. to other countries. According to Gibbs, a North African that’s a hotspot for the United States is getting into Bitcoin Mining. This is happening at the presidential level.

Related Reading | Bitcoin Mining In The U.S.: 4 States Attract The Most Miners

Also, he lives in Latvia. A very close neighbor of Latvia, “that may have stopped a plane no too long ago, to remove a journalist,” is already mining Bitcoin with nuclear power. The Compass Mining CEO closes his stellar presentation with, “I don’t believe that they’re mining Bitcoin to skirt sanctions. I believe that they’re mining Bitcoin because they see it as the future, and they want to boost their economy, they want to grow.”

You read it here first, Bitcoin is the future and many world leaders know it.  

 Featured Image by Christopher Skor on Unsplash - Charts by TradingView
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How Crypto Champions can help you increase the rarity of your NFT

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How Crypto Champions can help you increase the rarity of your NFT

The last few years have been exceptional for NFTs. Our idea of digital assets and their ownership has experienced (and is still experiencing) rapid evolution. Very few people would have boldly predicted a public tweet selling for $2.5 million or a there-for-all-to-see clip of Lebron James dunking selling for $200,000. But, as we’ve all figured out, the creation, sales, and ownership of digital assets are well within the possibility realm.

Several other digital assets have been sold as NFTs in a very short time. Every passing day suggests that the NFT train or “NFT craze” will not disappear anytime soon. So, if you’re still thinking about joining the NFT movement, stop thinking and start acting.

As far as actions relating to NFTs go, there’s one action that anyone— NFT expert or NFT newbie — should be taking right now.

What’s that?

Signing up to be a part of the hottest NFT project right now — Crypto Champions!

Value, Inclusion, NFTs, and Crypto Champions

Crypto Champions is, first, a community-led NFT project. More than NFTs, the Champions Community’s goal is to build a strong network of competent and highly successful people using the powers of Web 3.0 ( NFT, Cryptocurrency, Metaverse, and Crypto Gaming).

The Champions Community is strongly focused on building and sustaining an enabling environment for its members to grow to be the best they can be. Everything from timely investment opportunities, networking with top-notch professionals, and publicly trackable $1 million gift are all accessible for high-performing community members.

The Champions Community also has a community fund powered by DAO (Decentralized Autonomous Organization) technology to support member-led project initiatives. You don’t have to worry about being left out because it is all about getting everyone to where they want to be in the Champions Community.

… and we’ve not even gotten to the NFT part!

The NFT Angle

The Champions Collection consists of 8,888 unique NFTs only accessible through an exclusive Web 3.0. Champion NFTs are a collection of high-quality human 3D models divided into two factions — Privileged and Rebels.

In their separate factions, each of the NFTs has at least 136 combined unique traits, expressions, weapons, uniforms, and gears. When you successfully mint a Crypto Champion NFT, you become a Champion holder. “Fate” will decide whether the character you mint belongs to the Privileged or Rebels faction. With Crypto Champions, minting is fun — and valuable!

Unlike many other NFT projects, the Champions Community does not make it easy for anyone to mint a Champion and become a part of the community. Minting is specially reserved for community members devoted to helping the community grow and who have proved to be high-performing individuals.

The ultimate display of the power of the Champion NFTs reveals itself when the Rebels and Privileged factions lock heads and fight against each other in the Metawar.

Exponential Increase in NFT Value

Crypto Champions NFTs are not static in value; they are actually very dynamic. Champion holders who mint rare NFTs can make up to ten times the initial NFT market value.

Rare NFTs are great, but they are not the only way to amp up the market value of your Champions. Fortunately. Champions holders can up the market value of their NFTs by participating and competing in a short series of three easy-to-play games. Holders with higher scores gain access to rare weapons and accessories that sporadically boost the market value of their NFTs.

Your Best Way to NFT Nirvana

By offering Champions holders a way to amp up the original market value of their NFTs, Crypto Champions is hammering on the certainty of financial growth for its members. This is virtually impossible to find in any other sort of NFT-related project.

The Champions Community also offers its members a different kind of merch — dog tags. You’re given a pretty durable, distinctly customized dog tag when you sign up to be a part of the Crypto Champions project.

Dog tags are not just accessories because they represent something bigger and better, and dog tags represent meaningful displays of brotherhood and communal strength.

With Crypto Champions, you get a community of progressive people, the opportunity to accumulate more wealth while wearing very cool dog tags. It’s everything anyone and everyone wants from NFTs.

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Boost the Ecological Value: What can aelf’s Node Election Bring to its Participants

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Boost the Ecological Value: What can aelf’s Node Election Bring to its Participants

With a total of 4,593,284 valid tickets (which equates to more than 4.5 M ELF tokens/ $2.34M) locked on the mainnet governance system, aelf blockchain opened its globalized node election on Nov. 18th, 2021. Candidates will join the governance system equally, being selected or voted with locked tokens as tickets. The publication enabled the listing of well-prepared candidate nodes immediately. The listed candidates include blockchain heavyweights like Huobi Pool, 8BTC, bountyblok, and RockX.

So why is this important? How could the elected nodes contribute to the construction and development of aelf’s networking? In this article, we will walk you through why this event has attracted qualified candidates; how the community could benefit from democratic voting; and we will take a glimpse into aelf’s promising ecological future.

aelf Motivates Ecology Constructors with Bountiful Profits

Thanks to the aelf Economic and Governance Whitepaper, aelf mainnet is capable of locking a significant amount of assets while embracing powerful node partners by providing considerable rewards.

On one hand, there is a low threshold with high APY to become an aelf production node. aelf nodes run on cloud service centers, the costs of which are lower than the traditional physical format. Candidate nodes are required to stake 100,000 ELF tokens to participate in the election. Once elected, production nodes on aelf mainnet could receive the income with the APY at more than 95.6%. The triple features make aelf a more alluring choice for nodes in comparison to others in the market.

On the other hand, there is a very profitable incentive mechanism on aelf mainnet. ELF holders can receive a weekly Citizen Welfare by staking their token assets to vote for the candidate nodes. The Citizen Welfare scales 75% of the main chain dividend pool.

“aelf voting session is a zero barrier to entry free system, connecting voters who are looking to support quality Block Producers (BPs) while being rewarded with a percentage of the additional BP income,” said Haobo Ma, CEO of aelf.

The Constructors’ Feedback to the Network with Integrated Capabilities

Similar to the proof-of-stake (PoS) consensus, aelf deployed its own AE-styled delegated PoS consensus, where validators are voted for by the rest of the token holders on the network.

According to aelf, 17 elected BPs will participate in confirming the transactions of the network. Once elected, the BPs will then be tasked with upholding the integrity and accuracy of the network by coming to a majority consensus on data or transaction blocks that must be added to the network. Other than the pure stake of ELF tokens, BPs also invest in the network in the form of infrastructure, community support, development, and many more.

Shortly, BPs will join mainnet aelf’s inaugural Top of OASIS hackathon as judges. Later this year, they will also function as the decision-makers in the sidechain auctions and many more. The collective actions can have a real impact on the future of the gradually opening aelf ecological network.

More information will be subject to aelf team on Twitter and Telegram.

 

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