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Showing posts from August, 2021

Beginners guide to investing in the financial markets

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  If you are someone who believes in saving for your future and fears whether you would have a sufficient amount of funds for your life after retirement then this article is for you. We as humans will never stop being greedy and no matter how much ever we manage to accumulate it would never be enough. What if I were to tell you that a minimal sum of money invested today can easily suffice for your entire life post-retirement and what if I were to tell you a technique by which you can easily live a lavish life in your old age. By investing a minimal amount of money in financial markets like stocks, cryptocurrencies one can easily make a fortune. For the sake of simplicity, we will only be focusing on making a strong cryptocurrency portfolio for securing your future and we would be helping you get started by answering questions like “ How do I buy cryptocurrency in Canada ”.   Let’s begin with a few statistics to blow your mind away Bitcoin which is the top cryptocurrency in t

Will Bitcoin touch $100K?

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Bitcoin continued to make strong up moves over the last two weeks. Investors believe that this is the start of a much bigger rally and the alpha cryptocurrency will continue giving much higher returns over the coming weeks. This article will help us understand why Bitcoin might end up giving higher returns from its current levels and whether it is a good investment or not. For investors who are newly venturing out into the world of cryptocurrencies, we would also be showing you how to easily buy Bitcoin in Canada and get started on your investment journey. Let’s get started with understanding why Bitcoin is yet one of the best investments available in the market today. In 2008 when Bitcoin was first introduced, the concept of cryptocurrencies and blockchain was alien to every individual. 13 years later we have seen Bitcoin grow and become one of the most valuable assets in the financial industry and in the interim we have seen an appreciation of a whooping 31,200 % in the cryptocurren

How is the current banking system different from cryptocurrencies?

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With the current banking system providing a lack of returns across several countries, several investors are looking for alternate options for their investments. One option is the cryptocurrency market. Bitcoin is the most famous cryptocurrency, and hit the market first in 2009. Since its inception, bitcoin has given a staggering 48,22,525% return. Here is a deeper look at the difference between cryptocurrencies and the current banking system (fiat money). Meanwhile, in case one is aware of the crypto market and wants to buy Bitcoin in Canada , they can do so on netcoins . Difference between cryptocurrencies and current banking system (fiat money) Bitcoin has changed the investment rationale since its inception in 2009, as it became the first cryptocurrency to allow secure and cheap transactions without intermediaries. The predominant difference between cryptocurrencies and traditional fiat money is that cryptos are a decentralized currency, while the traditional banking system is monit