Like other fiat currencies, Bitcoin can also be used to pay for goods and services if the merchant accepts it. Bitcoin is easy to store in digital wallets and convenient for making payments as you only need an internet connection to transfer Bitcoin quickly, and the transaction is end-to-end...
With thousands of coins to choose from, investing in the volatile world of cryptocurrencies isn't for the faint of heart. Key takeaways: Cryptocurrencies are incredibly volatile and not for all investors. Decide if they fit your risk tolerance before diving in. Bitcoin (BTC) and Ether (ETH)...
Should You Invest in Real Assets or Equities? If you want to invest in gold, you can buy the physical metal, stocks of gold mining companies or shares in an exchange-traded fund, or ETF, such as SPDR Gold Shares (ticker: GLD). Similarly, if you want to invest in commercial real esta...
Today, I stumbled upon an intriguing musing on the official Exodus Twitter account and thought I should turn it into a crypto blog post: "If Bitcoin and crypto were to completely disappear today (without any financial loss), what is one life lesson you would take from y...
MicroStrategy is unique because its sole purpose is to buy bitcoin and 95% of its assets are in bitcoin, so the company’s volatility is closely tied to the price of bitcoin. Because of that, they can issue convertibles with different sensitivities to their stock, which there is a big ...
Billions of dollars in Bitcoin worldwide are associated with individual keys, which are basically long strings of text. Each key is a universally shared text file of blockchain info. Crypto wallets have a public key (for the blockchain) and a private key (for individual transactions). ...
which was about $1,300 at the time. However, within two weeks after the digital currency's high watermark, Bitcoin value dropped to about $3,000. Anyone who invested real currency in Bitcoin in mid-August and didn't pull out of the market before the price drop lost nearly 40 percent ...
Currently, cryptocurrency is not considered a safe haven asset- although some recent market movements for Bitcoin (the largest of all the cryptocurrencies) show signs that it could be heading that way. There are many risks involved with crypto investments, but Bitcoin has been seen to outperform ...
It depends on bitcoin's market price. Bitcoin's price is volatile, so the $100 you spend on portions of a bitcoin today may not be worth $100 tomorrow or even in the next 30 minutes. However, your bitcoin may be worth more. If you're buying it as an investment, you should consult...
The low amount of actual money invested in cryptocurrency and the effects that hype has on prices should make you consider whether investing in decentralized finance is worth it. If you have money you can afford to lose, the space can be very profitable—but the losses can be just as signif...