Sign up to our newsletter

All Posts By Sam Allcock

Uncategorised

5 Top Tips For Selling Your Watch

By Posted on 3 m read

Whether you’re a novice watch collector or a seasoned connoisseur, the time might come to organise or reduce your collection. It generally entails selling one of your timepieces to keep just the ones you like or making way for a new watch.

It’s a difficult decision to sell your watch, especially if it’s the first time you’re doing it. Here are five helpful hints to get you started on the right foot.

1. Before selling your watch, do some research to find a reputable dealer.

You can sell your timepiece on several sites, including eBay and The Watch Exchange London. It’s important to do your research to make sure you get the best value for money.

Although selling your timepiece on eBay may seem like a simpler method to sell it, there are several drawbacks. The first is that many buyers will refuse to buy from these sites unless you have a good reputation. The second is that some fees and commissions can reduce your earnings.

Auctions are ideal for timepieces that are revered as holy grails or rare. It wouldn’t make sense to sell a common watch because there would be no competition.

2. Gather the documents and information required.

The more information and paperwork you have for your timepiece, the simpler it will be to sell it, and the higher value you’ll be able to get. Here are some details and documents you’ll need to know about your timepiece:

Box and documentation – After all is said and done, these are the most important aspects of your watch that will determine its value. These aren’t required for every watch, as there are many other factors to consider. While it’s possible to sell a watch without them, they have a significant impact on the final price.

Paperwork, invoices, and sales receipts for services or repairs– These are further proof of authenticity, as well as a record of servicing, cleaning, and component replacements that have been carried out to the watch.

3. Get a price for it.

A reputable pre-owned watch dealer will have a form you can use to submit details and photographs of your timepiece. They’ll utilise the information you supply to provide you with a quote, frequently for free.

The first quote might be a range, which will include the minimum and maximum they are prepared to pay, depending on their examination of your timepiece.

4. Send your watch for an evaluation, but make sure the dealer covers shipping and insurance.

Bring your watch to the dealer’s showroom if possible. If this is not an option, your timepiece must be secure while in transit. If you’re worried about your watch’s condition and if you don’t know how to get it fixed or cleaned, turn to a reputable watch dealer. When you send them the timepiece for evaluation, they’ll cover the cost of shipping and insurance (should you decide not to take their offer).

5. Find out how you’ll be compensated if you accept their offer.

It’s no secret that you’ll get paid for your timepiece. However, knowing how you’ll get compensated is critical. The majority of dealers send you an overnight payment so that you can receive it within 24 hours. Finally, make sure you’re not selling your watch to them as a consignment.

No tags

Share this article

Food & Drink

How To Drink & Enjoy White Tea

By Posted on 3 m read

Tea comes in various types and flavours, and its taste mostly depends on where the leaves are grown. The top three types include green, black, and white tea, which may require different manufacturing and consumption practices.

White tea has been a mainstay among seasoned tea lovers. If you’re new to drinking it and want to enjoy its benefits to the fullest, this complete guide on how to drink and enjoy white tea will come in handy.

What is white tea?

White tea is not too different from green and black tea as they all come from the same Camellia Sinensis plant. It comprises springtime tea leaves traditionally grown in the Fujian province of China. However, unlike green and black tea, white tea is minimally processed, making it one of the most delicate tea varieties in the world.

Tea lovers can find several white tea brands on the market today. Some manufacturers enhance the finished product’s scent and flavour before shipping it to stores. It’s essential to do a background check on the white tea brands you buy from, ensuring your final choice meets your unique flavour and taste needs. The good news is that you can also order white tea online.

What are the benefits of drinking white tea?

Generally, white tea comes with several benefits regardless of the teabag brand. White tea leaves are rich in antioxidants and can help you reduce weight, protect the teeth and lower the risk of insulin resistance. Nutritionists also reveal that white has components that can reduce susceptibility to osteoporosis.

How to drink and enjoy white tea?

White tea brewing procedures may vary based on individuals’ tea habits and unique taste preferences. Key steps to take include:

  • Don’t overboil your water.

White tea leaves are delicate and do not do well at extremely boiling temperatures. Keep the brewing temperature at an optimum level, ideally 75 degrees Celcius.

Remember to preheat your teapot by pouring boiling water in and out before placing your tea leaves in the pot. It can be a great way to bring the natural white leave scent out. Also, ensure to use porcelain and glass teaware which are better than the popular cast iron unglazed options.

  • Use enough tea leaves.

White teal leaves are much less dense and compact than other tea types. You may not enjoy the full white tea taste and experience using the same amount you’d have if it were black or green tea.

  • Steep white tea correctly.

It’s tempting to fixate on the maximum steeping duration for white tea as a first-timer. Experience helps tea lovers determine the best time to leave their white to steep over time and enjoy the benefits of white tea. Any number between five and eight minutes of steeping time for your first white teacup can suffice. You can allow subsequent cups to steep for about two to three minutes.

  • Drink while tea’s hot

Drinking your white tea while it’s not can be a great way to enjoy a heightened experience. Leaving it cool for a long time can drastically affect its taste.

We do hope this guide provided all the details you need to prepare and enjoy your white tea.

No tags

Share this article

Reviews

HubbleBIT Review – What Makes HubbleBIT Worth Signing Up With

By Posted on 6 m read

Today, I will be talking about some features of the online brokerage firm HubbleBIT that you should know about in this HubbleBIT review. I have been trading with online trading firms for quite some time now and I am familiar with the struggles new traders face. The first of the many hurdles that come in the way of starting your online trading career is to find a brokerage firm that is right for you. So, how can you make sure that the one that you choose is suitable for you? The answer to that is by taking a look at the features that it offers.

What makes a trading firm worth signing up with? There are many things that you should look into before making the decision to sign up with a particular trading firm. Brokerage firms offer various trading styles, so you should pick the one that suits you the best. Trading firms like HubbleBIT are an easy choice for traders because of their diversity. Let’s review some of its best features.

Features Of HubbleBIT Worth Signing Up For

Easy Sign Up     

The signup process is the first interaction that you have with the broker. This means that whether the form is simple or complex will determine your overall impression of the trading firm. It can be frustrating and discouraging when the trading firm that you want to sign up with has a long sing up process that asks for a lot of detail. While trading firms need your information to ensure your identity for later processes, they don’t need all of it for just the signup process. You will, most likely, rethink your choice if you find that the firm that you selected is asking for your ID card number.

With HubbleBIT, you don’t have to worry about this unnecessary process. The firm offers a short and concise signup form that just asks for the basic information required to create an account. You will only need to provide further details when choosing an account type and for your transactions. Furthermore, you will be pleased to know that HubbleBIT has a very low initial deposit requirement as well! Many times, trading firms seem to be great but when the trader decides to create an account, they ask for huge initial deposits. You only need to pay $250 for the basic account that is equipped with all the necessary features at HubbleBIT.

Reliable Customer Service

When choosing an online broker, you cannot overlook the customer support that it offers. This is because all trading firm has a different environment and features, so the traders will need assistance in getting settled. Furthermore, they could also use technical assistance, for example, if they have difficulty in setting up their accounts. The key to identifying if the brokerage firm will support you when you need it is to see if they have reliable customer support. And this is exactly what HubbleBIT offers. The customer support department of the firm ensures that every query that they get is answered diligently. They always provide robust guides that help traders settle their issues.

To get in touch with the staff, traders can use the provided email address and phone numbers from its website. Moreover, they can also take advantage of the live chat and direct message feature that the firm offers.

Leverage Trading and CFDs

If you know anything about online trading, then you should know that leverage and CFD trading are some of the most exciting features for traders. Leverage is different from CFDs in that you use your investment capital for one and sign a contract for ownership for the other. The similarity between these forms of trading is that it allows you to invest in assets outside your financial range and take advantage of market volatilities.

When the brokerage firm offers leveraged trading, it is basically offering support for your investments. The trading firm contributes to your investments with leverages. HubbleBIT offers leverages that range as high as 150. This means that if you are getting leverage of 1:150, the brokerage firm will add $150 for every $1 that you put in an investment. You can tell just how helpful this feature can be for people who have a low trading budget and big goals.

CFD stands for Contract for Difference and this trading method allows traders to sign a contract for an asset for a period of time. This means that instead of using their money to purchase the asset, they sign a contract for it with the trading firm. The price difference from the start to the end of the contract determines whether the trader made money from the investment or has to face a loss.

The thing to remember is that trading is a risky business on its own. But when you add features such as CFDs and leverage them into it, the risk becomes higher as you have more at stake. So, make sure that you don’t get overboard with your investments when you are using these methods of trading.

Tight Spreads

One of the things that make HubbleBIT a trustworthy broker is the tight spreads that it offers. Now, you may be wondering what these spreads are. Well, let me tell you that you can tell a lot about the trading firm’s intentions from the spread rate that they offer. Spreads are the difference between the buying and selling price of an asset. You may notice that the price that the broker sells you an asset for is different from the price that you sell it for. This price difference is known as a spread and is measured in pips. A low spread rate means that the firm is offering you a great deal but be wary of extremely low rates because they can also be a scam, you can also read about crypto signals for further knowledge.

At HubbleBIT the spread rate varies depending on the account type that you are using as well as on the assets that you are trading with. The spread rate can be as expensive as 3 pips for expensive leverages. You can also enjoy tight spreads for up to 1.1 pips by choosing assets with lower leverage as well as a lower-tier account type.

Payment Methods

When you trade via an online trading platform, you have to make a deposit to your account to start investing. So, you need to use the payment methods that the broker supports and they are almost always online banking options. It can be difficult to make the deposit or take out your earnings if the trading firm does not support the method that you want to use. However, at HubbleBIT you will not have to worry about struggling with payments because it supports a variety of payment options.

The brokerage firm offers risk-free methods for depositing money and taking money out from your accounts. However, the transaction time can take a few days. You can use your credit and debit cards to proceed with the payments as they are the fastest option. The companies that the firm accepts payments from include Visa and MasterCard. Other methods that you can use include using bank wire transfers as well as e-wallet options such as Neteller.

Final Thoughts

Plenty of features make HubbleBIT a reliable brokerage firm that is worth signing up with. The ones discussed above are only the tip of the iceberg. You can find out more about what you can experience with the trading firm by checking out what it has to offer by yourself. I am sure that you will be impressed with the robust trading platform and the variety of assets that it offers. So, if you need a nudge in the right direction for choosing an online broker, then this review was it.

No tags

Share this article

Reviews

Buffets Finance Review – Evaluating The Offerings of the Broker

By Posted on 12 m read

The diversity and versatility of the financial markets have made them a hotspot, as many who are looking to earn higher returns on their investment are stepping into this space. There are thousands of instruments that people can trade and can make profits, depending on how much they are willing to invest and the risks they are ready to take. To be able to access these, they require a broker, as they provide the platforms, tools and everything else to start trading. Brokers have been part of the financial markets from the beginning and this hasn’t changed with technological advancement. But, why is Buffets Finance review important?

The fact is that online trading has gained significant popularity in the last decade or so. With the world going digital, it has become easy for people to venture into the financial markets, so there has been an influx of traffic. In order to accommodate the greater number of people, numerous online brokerages have been established. This should be an advantage, considering that more variety means increased competition and this results in better choices for people. While this has happened to some extent, there have been different types of problems as well.

As the internet is a hotbed for scammers and other cybercriminals, they have set up their own brokerage websites to lure people in. Those who are new to the space or don’t take a close look end up falling for these ‘fake’ brokers and have to suffer from losses at the end of the day. Even if the company is not a scam, there are some shady ones that make big claims to convince people to sign up on their platform and then can make trading a very difficult and complicated experience. Would you want to go through that?

When you have decided to trade in the financial markets, you want to keep the entire procedure as simple as possible. In your eagerness to get started, you don’t want to opt for a company that doesn’t provide the features you need or is not legitimate at all. So, how can you make sure that doesn’t happen to you? This is where reviews can prove to be helpful because they will evaluate the offerings of the broker in question and enable you to decide if you are making the right choice or not. This also applies in the case of Buffets Finance.

The Trading Instruments

To begin evaluating the offerings of a broker, you should first focus on the trading instruments they are offering. The whole purpose of starting your trading journey is to trade financial instruments in order to make profits and the returns you make will depend on the instruments you trade. Plus, there are some people who solely decide to venture into the markets for trading a specific asset. In either scenario, you want to make sure that the broker you are considering is capable of fulfilling your requirements. If they don’t have the instruments that can generate the kind of returns you want, you need to look for alternatives.

Likewise, if they don’t have the specific instrument you are interested in, you shouldn’t sign up with them. Evaluating their asset offerings beforehand ensures that you don’t have to go through the entire sign up procedure again with another company. So, where does Buffets Finance fall in this regard? They are offering a total of 200 trading instruments on their platform, which belong to some of the leading global financial markets. The company deals in CFDs (Contract for Difference), which allows them to offer such a variety to their clients. Some of the top instruments you can trade are:

Forex: Known as the largest financial market in the world, the forex currency market is brimming with opportunities for people to make money. Buffets Finance offers its clients the chance to trade some of the most profitable currency pairs, including EUR/USD, GBP/USD, AUD/NZD, GBP/CAD, USD/CHF and EUR/GBP.

Stocks: This market provides you the chance to invest in some of the biggest companies around the world and this can result in substantial returns. You can opt for Amazon, PayPal, IBM, Apple, Microsoft, Tesla and many other firms.

Indices: Another lucrative option that traders can explore is the indices market and Buffets Finance has added some of the top indices, including NASDAQ 100, FTSE 100, S&P 500 and Nikkei 225.

Commodities: If you prefer some instruments that have low volatility, the commodity market is right up your alley. You can find different types of commodities, which include precious metals like gold, silver, copper and platinum, agricultural items like flour, wheat, rice and sugar and even energies like oil and natural gas.

Cryptocurrencies: Perhaps, one of the most renowned markets these days is the cryptocurrency market and Buffets Finance has kept up with the trend by adding some of the most profitable choices. These include Bitcoin, Litecoin, Ethereum, Ripple and Monero, amongst others.

The availability of these options ensure that you will be able to diversify your investment portfolio easily and enjoy high returns, just as you want to do from your trading journey.

The Trading Platforms

If you have ever thought about how brokers can help you in executing trades in the financial markets, then you should know that this is what trading platforms are for. Every company offers their clients a trading platform that can be used for keeping up with the financial markets and opening and closing positions as per their preference. There are different types of platforms that exist; some brokers offer existing solutions, while there are also those that develop their own. Buffets Finance has opted to go with the former route, as they are offering the MT4 suite of platforms to their clients.

The MetaTrader 4 is the most popular trading platform that exists in the market and it has gained recognition due to its powerful technology and feature-rich environment that’s second to none. The unique thing about Buffets Finance is that rather than offering just one version of the MT4, they have chosen to offer the different types available. This means that you will be able to choose between the MT4 desktop client, the MT4 Webtrader and the MT4 mobile apps. The availability of more than one option is definitely an advantage because it allows traders to choose the kind of platform they are comfortable with.

The MT4 desktop client is undoubtedly a sophisticated trading platform, but it has to be downloaded and installed and not every trader may want that. Therefore, Buffets Finance has also added the MT4 Webtrader, which is accessed through the browser, so it doesn’t have to be downloaded. This can eliminate some hassle for traders. However, there are also people who prefer trading on the go these days and the availability of mobile devices has made it immensely easy. That’s where MT4 mobile apps for both iOS and Android devices are for. These can be downloaded on your smartphone or tablet and used for trading from anywhere.

Hence, traders are able to enjoy a great deal of flexibility when it comes to choosing a trading platform. What about features? Since it is the MT4 trading platform, you can enjoy superior trade execution, regardless of which option you are using. Trades are made quickly and in real-time, allowing you to take full advantage of all opportunities. One-click trading is available for your ease and the highly intuitive user-interface ensures that you don’t have a problem in figuring out how to use the platform. There are various other tools that can also be found, such as trading indicators, price alerts and the latest market news is also available.

Currency converter, fundamental and technical analysis tools, along with various order types like stop loss and take profit are available for risk management. The platform works smoothly and is also secured, so you don’t have to worry about any information being compromised.

The Registration Process

Before you move forward to sign up with any broker, it is better to look at their registration process as well. If you have talked to some traders, they will tell you that some companies tend to have complicated registration requirements, which can take up a lot of time, or are just too much trouble. Many people even become frustrated and switch to a different option because they want to start trading right away and don’t want to have to go through unnecessary steps just to register. Looking at the requirements beforehand ensures that you know what you are getting into.

When you check out the registration process at Buffets Finance, you will find it quite straightforward. You need to go to their website and then click on the Register option you will see on the top right, just after Partners and before Login. Clicking on it opens up a registration form that you have to fill out. You will be pleased to see that it takes you only a couple of minutes to fill it out. This is because the form only asks for basic details from you, which include your first and last name, an email address and a password, country and your phone number.

You have to confirm that you are at least 18 years old and agree to the Trading Terms & Conditions that Buffets Finance has outlined on their website. It is best to go over them first and then agree, so you will be fully aware of all the rules. The last step is to confirm that you are not a US citizen and then click on Create Account. Your account will be instantly created and there are no other steps that you have to take. You don’t have to wait for any approvals either, which is also an advantage.

The Account Options

After you have completed the registration process, nearly every broker will present you with a list of account options to choose from. It has become the norm for companies to offer several options to their clients because every trader has a different trading style, risk tolerance and capital. Thus, it is a given that they wouldn’t be comfortable with the same account option and would require different features that are better suited to their needs. In order to facilitate them, numerous options were created and when you check out Buffets Finance, you will find that they have also followed this approach.

They have created a total of four account options for catering to traders of all levels and backgrounds. Their aim is to ensure that everyone can find an account they will be comfortable with and it will provide them with the features they need to trade easily. Let’s take a look at the four choices:

Silver: The first account that traders will find at Buffets Finance is known as Silver and it requires a minimum deposit of $250. This account has been created primarily for newcomers and beginners in the financial markets, so it provides them with limited trading signals, a free consultation with a personal account manager, and a one-on-one trading session with a market analyst and a 20% welcome bonus.

Gold: The second account that you will come across is referred to as Gold and this one has been created for intermediate traders. Therefore, the deposit requirement for this account is fixed at $10,000. Traders are now able to enjoy full trading signals, the expertise of an executive account manager and 5 sessions with a market analyst. Furthermore, they are also granted a 50% welcome bonus.

Platinum: The third account available is known as the Platinum account and Buffets Finance has created this one for experienced and advanced traders who have knowledge of the market. Traders are asked to deposit a minimum of $50,000 to open this account and they can enjoy all of the features of the above mentioned accounts. The upgrades that have been made include a 100% welcome bonus and unlimited sessions with a market analyst for better understanding.

Diamond: The last account option that you will find at your disposal is referred to as Diamond and it is aimed at skilled and professional traders in the financial markets. The deposit needed for opening this account is set at $250,000 and traders are provided with every feature offered by the broker, along with a 125% welcome bonus.

Other than these account options, you will also come to know that Buffets Finance has also created a demo account for its clients. The purpose of this account is to assist potential clients in trying out their platform to see if they are comfortable with it or not. Moreover, it can also come in handy if they want to practice trading in the markets before they invest their hard-earned money. Apart from that, another impressive feature of the platform is that they have investment accounts also available for their clients.

These are meant for those people who prefer to just invest their money and allow others to trade on their behalf. They earn profits in the form of interest. Similar to brokerage accounts, there are four investment accounts on Buffets Finance and they have the same names. These accounts can be distinguished on the basis of their minimum investment, interest percentage and the frequency of withdrawals. The choices are:

Silver: You have to invest a minimum of $50,000 for this account and it requires a commitment of at least 24 months. The interest rate offered in 1.5% a month and you will be able to make interest withdrawals once in a calendar year.

Gold: The next option is to deposit a minimum of $100,000 and here you will only be required to commit for 12 months. The interest rate offered in this account stands at 2.5% and interest withdrawals can be made every three months.

Platinum: This investment account requires a higher deposit of $250,000, but it also requires a reduced commitment of just 6 months. Plus, it comes with a higher interest rate of 3.75% per month and people are permitted to withdraw it once a month.

Diamond: This is the last investment account offered by Buffets Finance and it asks for $1,000,000. The commitment required for this account is for 6 months as well and the same interest rate and withdrawal frequency as the last account is provided.

Deposits and Withdrawals

Now that you have gone through the account options and chosen one that suits your requirements, it is time to look at the deposits and withdrawal methods that are supported by the broker. After all, you have to meet the initial deposit requirements in order to open an account. The good thing about Buffets Finance is that they have added a combination of methods to their platform. The goal is to ensure that traders can find an option that’s convenient for them.

A combination of modern and traditional solutions have been added and these include wire transfers, debit and credit cards, including both Visa and MasterCard and BTC Wallet. The minimum deposit that you have to make through each method is set at $300. There are no deposit fees charged by Buffets Finance, but withdrawal charges may be applicable and they vary from method to method. In addition, the processing time for each method is also different, with crypto transfers being the fastest, as they are made immediately and wire transfers taking the longest between 2 and 15 working days.

Customer Support

One of the most important aspects of a cryptocurrency broker that needs to be evaluated before you commit to their platform is their customer support. If they do not offer support, it can create a lot of problems for you because you will not be able to get assistance when you need it. If you are facing a technical problem, you may not be able to execute trades in a timely manner and this can result in hefty losses. Obviously, you don’t want to deal with any such scenario and the best way to prevent is by ensuring that your selected broker offers you the right support.

In this area, Buffets Finance has done an outstanding job because they provide 24/6 customer support to their clients via multiple channels. You have the choice of reaching out to their team through the live chat option, which ensures a quick and prompt response. You can also give them a call, or even schedule a callback at your convenience by filling up the contact form on their website. Furthermore, they have also provided a number of email addresses that can be used for sending in your queries and concerns.

Final Thoughts

When you have completed your evaluation of the offerings by Buffets Finance, it becomes apparent that they have done a good job and can be a smart choice for you.

No tags

Share this article

Food & Drink

The Very Best Beer Brewing Temperature Control Tips

By Posted on 3 m read

It takes more than just throwing a few ingredients together to make great beer. You need to make sure all equipment is cleaned properly, sanitised, and that you provide the perfect environment for your beer to mature. One of the biggest factors in this is the correct temperature.

It’s time you discovered why temperature matters and how to control it. The process starts with getting the right equipment, it makes everything simpler. Take a look at aeb-group.com to see what you need to get before you start making your beer.

Why The Temperature Matters

To create beer you need several ingredients but the most important is yeast. This is actually a single-cell organism and it multiplies rapidly in the right conditions. In order for yeast to thrive it needs to be moist, warm, and have a source of food.

The food source is the sugar you add to your beer, the liquid is water and, when the warmth level is right, the yeast multiplies. As a side-effect of this, it converts the sugar in the ingredients into alcohol and several other compounds. It’s these that create the alcohol level of your beer and the flavour.

However, you should note that although yeast needs warmth, the exact temperature it prefers will depend on the type of yeast you are using. In most cases, the temperature needs to be 70°F (21°C) for the fermentation process to start, but it can be higher.

The temperature should be steady throughout the process but it is particularly important in the first 24 hours. Fluctuations here, especially if it drops too low, can cause the yeast to deactivate and even increase the amount of bacteria present.

How To Control Temperature

There are several ways to control the temperature of your beer while brewing:

Electric Blanket

This isn’t actually an electric blanket like you have on your bed but the principle is the same. They are often referred to as a beer belt. It wraps around your fermenting device and you plug it in. The device will automatically warm to approximately 10° higher than the current room temperature. This will warm the beer and help the fermenting process.

If you need to make the beer warmer then slide the belt downward, if it needs to be cooler the belt can go upward to help you get the temperature just right.

Add a thermostat to the beer and the beer belt will come on and off automatically.

Space Heaters

A space heater is an effective way to warm the room and the process is gradual. This takes longer but reduces the shock to the yeast, allowing it to function better.

Use A Fridge

Fridges are well insulated. You can plug it in, set the desired temperature, and then add your beer. The temperature will be automatically controlled, allowing your beer to ferment without interruption.

What Happens When you Get it Right

As soon as you get it right you’ll know because the beer brewing process will move forward smoothly and the beer will taste fantastic. Of course, it tastes even better because you brewed it yourself.

Once you’ve mastered it you’ll know it’s time to start creating and gifting custom beer mats, reminding your family and friends who made the awesome beer they are drinking!

No tags

Share this article

Technology

BASICS OF CRYPTO TRADING FOR BEGINNERS

By Posted on 4 m read

Everybody seems to be raving about it, but do you know what cryptocurrencies are? Does the word “blockchain” give you a headache? Don’t be concerned! It’s a mysterious new world, so take tiny steps and move at your own time. If you are thinking of investing in something, you should always study it beforehand. Only by doing so can you determine the risk-return balance and decide what is best for you as a trader. It’s the same with cryptocurrency.

This article will introduce you to cryptocurrency in an easy-to-understand manner. After a few moments of reading, you should have a better understanding of crypto, mining, crypto exchanges, and blockchains.

WHAT IS CRYPTOCURRENCY?

Cryptocurrency, sometimes known as “crypto,” refers to a decentralised, digital currency based on cryptography. These three concepts are essential for comprehending the thousands of different varieties of cryptocurrency that are exchanged today.

Decentralised means that bitcoin is not created by a centralised authority such as a state or bank, like the dollar, pound, yen, and other fiat currencies. On the other hand, cryptocurrencies are generated, traded, and managed by a dispersed peer-to-peer network.

Crypto is electronic, which means two things. First, with a few instances, the price of most cryptocurrencies is not decided by fiat money such as the dollar or euro, nor by a precious metal such as gold. And while individuals may refer to crypto in physical terms (for example, as coins), crypto is only created and sold in electronic form.

Cryptography is a mathematical technique used to safeguard each unit of bitcoin and prevent it from being duplicated.

The majority of cryptocurrency lives on a blockchain network. Blockchain is the electronic ledger that records the majority of cryptocurrency transactions. The application of blockchain technology as an essential component for cryptocurrencies began in 2009, along with the introduction of Bitcoin. However, blockchain technology is fast expanding, and various businesses are investigating its possible uses.

WHAT IS BLOCKCHAIN TECHNOLOGY?

The widespread usage of blockchain technology as the underlying substrate for most kinds of cryptocurrency started in 2009 when a creative use of blockchain allowed the successful launch of Bitcoin. As a result, many people confuse blockchain and cryptocurrencies, despite the reality that blockchain technology has many uses.

Blockchain is an electronic, append-only ledger that may be used to monitor or record practically any form of asset, from commodities and services to patents and smart contracts. It’s transparent, which means that activities on a public blockchain are open to the public, and unlike a physical method of record-keeping, the history of activities is supposed to be permanent and unchangeable.

Because the network is created from blocks of data linked together in chronological order, all activities are accessible to everybody on the system. Blockchain records are potentially unchangeable. Cryptography is used by blockchain technology to safeguard operations and, in the case of many forms of cryptocurrencies, to mine money and tokens.

WHAT EXACTLY IS CRYPTO MINING, AND HOW DOES IT WORKS? 

Crypto miners employ specialised computer gear to do the sophisticated mathematical cryptography necessary to validate each transaction on a blockchain. This technique, known as “proof of work,” demands miners to do billions of computations to validate a block of transactions. Proof of stake (PoS) is another consensus process used to construct crypto. However, PoW is used by many different types of crypto.

Crypto mining is a very competitive industry. The procedure is based on network-wide agreement, which backs up the legitimacy of each operation even in the absence of centralised power. If miners are the first to validate a block of transactions on a specific blockchain platform after completing a certain number of computations, they may be awarded new coins. Because proof-of-work crypto mining consumes enormous amounts of energy/electricity, there are worries that this form of crypto that relies on PoW may be environmentally detrimental.

WHAT ARE CRYPTO EXCHANGES? 

You might have heard about hundreds of reliable crypto exchanges like 1K Daily Profit. With the exception of new crypto-based securities, trading crypto on a standard marketplace is typically not practicable, which is why a crypto exchange is required. Crypto exchanges are classified into three types: centralised, decentralised, and hybrid. While centralised exchanges are currently the most prevalent way to trade cryptocurrency, it’s vital to understand the difference between all three, so you can determine which is best for you.

A centralised cryptocurrency exchange is a platform where cryptos are purchased and traded with the assistance of a third party. On a controlled platform, you may perform trades using conventional, a.k.a. fiat currency, such as the dollar, as well as trading crypto itself.

Decentralised exchanges (DEX) are more in line with the spirit of cryptocurrency since they enable crypto traders to trade directly with one another without the need for an intermediary.

The use of hybrid exchanges is less widespread than the use of either centralised or decentralised exchanges. They intend to integrate aspects of both, such as the liquidity of a centralised exchange, with the safety and anonymity of a DEX.

FINAL THOUGHTS: 

Although virtual currencies are still in their development phase, they have enormous potential. A blockchain’s safe technology is valuable as a means of payment, but it doesn’t end there. The system is well-suited to share various data types across a highly secure network. As a result, several blockchains are utilised for different sorts of transactions. This has resulted in creating new crypto coins, which are built on existing blockchains such as Ethereum.

No tags

Share this article

Technology

HOW TO SELECT THE BEST BITCOIN EXCHANGE TO START TRADING?

By Posted on 3 m read

Most individuals find investing in Bitcoin and other cryptocurrencies to be daunting. This is because the bitcoin industry has been portrayed as a highly technical financial industry to the general public. 

That, however, is not the truth. As long as you follow the proper rules, you may begin trading or investing in cryptocurrencies in no time. The proper procedure begins with selecting the bitcoin exchange to utilise. Crypto exchanges serve as your entry point into the cryptocurrency market. As a result, they are crucial. And today, we will be discussing how you can choose the best bitcoin exchange for yourself to start trading. So, let’s get started.

WHAT ARE CRYPTOCURRENCY EXCHANGES?

Crypto exchanges are marketplaces where users may purchase and sell cryptocurrencies such as Bitcoin. You may use the platforms to change one virtual currency to another – for example, Bitcoin to Ether – or buy the cryptocurrency using conventional fiat currencies such as USD or GBP. These sites are based on the current market pricing of the cryptocurrencies they provide. Users may also utilise an exchange to transfer their cryptos back to fiat currencies, providing them with the choice of withdrawing the cash to their standard bank account or leaving them on the exchange platform to swap back into digital currencies later.

Thousands of bitcoin exchanges and software like Bitcoin Code are available to traders and investors. As a result, selecting the best ones is difficult but not impossible. Just look for the factor mentioned below when choosing the perfect exchange, and you can well enter the crypto market. 

THINGS TO CONSIDER WHEN SELECTING A CRYPTO EXCHANGE:

  • THE PLATFORM’S CREDIBILITY AND SECURITY:

Carry out extensive research to know if the exchange you are considering is a genuine and protected platform. The early example of Mt. Gox and the most recent hacking of Coincheck serve as severe cautions to potential virtual currency investors to investigate the safety procedures of the platform. The legitimacy and safety of a platform will assist you in determining if your assets are secure with the cryptocurrency exchange. Scam sites have cost investors billions of dollars. As a result, make sure to evaluate the platform’s reputation as well as the numerous security mechanisms in place to safeguard your details and finances.

  • THE METHOD OF PURCHASING COINS:

The method of obtaining cryptocurrency differs depending on the platform. Some platforms offer bank transfers for deposits, some take credit and debit cards, while others solely accept virtual currency for transactions. Examine the many payment choices offered on the sites and select the one that is best for you. To begin, with no cryptocurrencies, it is critical that you select a platform that takes fiat cash since this enables you to enter the industry with less stress.

  • SUPPORTED TOKENS AND COINS:

Most marketplaces support Bitcoin and Ethereum, but digital currency investors are fully aware that this is only the tip of the iceberg. There is a massive difference in the digital currencies supported by various exchanges; some platforms trade a vast list of altcoins, whilst others exclusively trade prominent cryptocurrencies. However, there are hundreds more cryptocurrencies, and some investors desire to diversify beyond BTC and ETH. As a result, before selecting a crypto exchange, you should be familiar with the currencies and tokens it supports.

  • THE PLATFORM’S FEE STRUCTURE:

When selecting a bitcoin exchange, you must consider the fees structure. Find out how much you’ll have to spend in fees for all sorts of trades on that platform. If you are a novice trader with a modest trading volume, choosing a cheaper fee exchange may be worthwhile. However, as your trading skills and volume increase, you may find that you would like to get an advantage by paying a higher transaction fee with superior cryptocurrency exchanges. Evaluating a crypto exchange’s fee structure is critical since it lets you know what you’re up against while engaging in various activities. Also, choose a platform that does not charge hidden transaction fees.

FINAL THOUGHTS:

When you finally pick a bitcoin exchange, you must consider all of the above considerations. This encompasses security and authentication timeframes, fees, and the amount of financial support they have to assist secure your digital assets. This is a must-do before investing in a bitcoin exchange. Even though there are several variables to examine, you may safely narrow the list by removing exchanges that lack any of these qualities.

No tags

Share this article

Technology

Affiliate Marketing Trends for 2022

By Posted on 4 m read

Affiliate marketing is one of the oldest kinds of digital marketing, in which you direct someone to any online product or service. If that person buys the product due to your suggestion, you get paid commissions. Depending on the product you’re marketing, this commission can range from $1 to $10,000.

Every major corporation, such as Amazon, Apple, and Google, has an affiliate network that is open to anyone worldwide. Affiliate marketing can be a tricky business. It would be best if you keep up with market trends to be competitive. 2022 will be an excellent year for affiliate promotions, with more affiliates than ever. 

Top Affiliate Marketing Trends for 2022

As more affiliate marketers and businesses adopt this strategy, it’s critical to understand the top affiliate marketing trends. Below are listed some of the mainly highly predicted affiliate marketing trends in 2022. 

In-App Monitoring

Companies have benefited from in-app monitoring since it has provided them with the information they might not have gotten otherwise. Affiliates can discover how to design the ideal titles and thumbnails for engaging viewers and possibly convert them by tracking key data points. Consumers spend more than $130 billion on apps worldwide. As a result, app monitoring is no longer an option for affiliate marketing. It’s a must-have.

 It will tell you which brands have the most involvement and how to find the most customer mentions and how to score high on favorable sentiments. Then you may analyze what they’re doing well and make changes to your marketing plan as needed. 

SEO Voice Search. 

In the coming years, voice search is anticipated to become more widespread. While voice searches are still in their infant stage, 2022 is predicted to be a watershed moment in this trend.

To get started with a voice-search affiliate marketing plan, you’ll need to establish a landing page with frequently asked questions and answers to direct potential buyers to your website. Make sure your content is visible on mobile devices. Users prefer voice search since it provides a quick response. Your material for voice search, on the other hand, does not have to be short. All you have to do now is make it sound natural. 

Widespread Crypto

People are investing more in cryptocurrency, which allows cryptocurrency advertisers and affiliates to collaborate and increase their revenue. Cryptocurrencies have grown increasingly mainstream in the past few years, with the industry booming significantly since the introduction of bitcoin. 

Governments and banks are beginning to accept cryptocurrencies and invest in them. Marketers will sign up for the top bitcoin affiliate networks to make more money with less effort. People are becoming more demanding because of the currency’s growing popularity. 

Nano and Micro-Influencers 

Big corporations are increasingly investing in influencers with lesser followings but more robust engagement and user interactions. The Nano and micro-influencers are those who have a limited impact. Micro and Nano influencers will dominate the affiliate marketing sector in 2022, with a new high forecast.

Because micro-influencers are more niche-focused and have more authority, buyers may trust them more than macro-influencers. Nano and micro-influencers are found all over the internet but mostly found on TikTok and Instagram Reels. Creators may reach a more prominent global population beyond their present friends and follow these two groundbreaking platforms.

 Co-marketing and Link Building 

 Co-marketing relationships among affiliates will begin to gain traction in 2022, providing marketers with an excellent opportunity to increase revenue while exposing their products or services to a broader audience. Co-marketing potential for affiliates is limitless: content affiliates might collaborate, or up for an affiliate, categories could engage together to increase revenue.

On the other hand, link building is placing a website link or landing page on another affiliate website so that it is highly appeared in Google’s search results. However, this is not a new concept in affiliate marketing, and it is to witness high growth this year as collaboration may help increase sales and traffic.

Conclusion 

Due to covid and the desire for businesses to diversify and get more sight of their products or services, the affiliate marketing industry has witnessed a bit of growth over the last couple of years. It’s an excellent addition for anyone who wants to take charge of their finances by focusing on performance-based revenue streams. In 2022, keep an eye on the most popular categories and watch for these crucial affiliate marketing trends. Keep an eye on voice search, cryptocurrency, video marketing, and other trends to keep up with the competition.

No tags

Share this article

Technology

5 MISTAKES TO AVOID IN BUYING & SELLING BITCOIN

By Posted on 4 m read

Anyone can make mistakes. They are inevitable. Even Tech-savvy and cryptocurrency genius traders can do that. According to research, many investors lost billions of dollars in cryptocurrency trades due to silly minor mistakes. It’s been said that cryptocurrency is everything you don’t understand about finance and computers combined.

That’s why making mistakes are common. Keeping that in mind, we brought you this article to help you mitigate or avoid making mistakes with the right strategies and planning.

Following are the top five mistakes that everyone makes when they start to invest in cryptocurrency.

  • Lack of planning:

Whichever investments you make needs to be within line with your financial goals. You need to keep things like how much you want to make and do you want it long or short-termed? Keep in mind every risk factor that may arise. And even after you invest your money, you should have a plan to take the profit or completely withdraw the money.

For instance, if you plan to keep your coins long-term, their value will eventually increase. There can be some bright days and some dark, but long term investment in crypto will most likely give you significant profits. However, if you invest in cryptocurrencies with a low market cap, you can recover your amount quicker.

 Investing a considerable sum of money at a higher price will cost you more. You would need to wait longer to gain substantial profit in such a case. Moreover, high investment also includes the risk of never recovering your cost ever.

  •  Influenced Through One-Sided Opinions:

How did you get to know about crypto? Where did you get the information? Maybe it was a YouTuber who is excellent in crypto investments, or you can even be connected to an organisation. Getting information from a single source isn’t the best idea.

 Make sure you have a few other sources to get your information. It’s best to have multiple opinions instead of only gaining data from one place. Different opinions will better shape your thinking and help you understand the cryptocurrency world.

  • FOMO And FUD:

This is one mistake that crypto investors make most often. They have FOMO ( fear of missing out and simply buying high). When they see the price of an asset increase, they will jump on it to buy it. It is because they would think such an opportunity may never arise again.

And also, because they have the idea that the coin’s price will just further keep increasing, they invest. However, that thing is that if you invest in a project that is pumping, there is a bigger chance that you can lose money.

That is because early investors would start to take out their profit. Therefore you would need to wait longer to break even or make a profit. And when that happens, you move into the FUD phase (fear of uncertainty and selling low).

When you see the price decrease, you fear losing all your money, and you start to sell low. A coin rapidly tanking and your investment going in red isn’t a pleasant sight, so you sell it out to get out of the investment. But the thing is that if the project is solid and the mechanisms are the same, then there is a positive chance that its value will bounce back again.

  • Lack of Appropriate Security:

Cryptocurrency is unregulated. That means no third party has watched over it. So in case something goes wrong or the government imposes a ban on its regulation, and you lose your money, then there is a high chance you would never be able to recover it.  

There is an abundance of scammers on social media platforms. So beware of them. They try to take advantage of your lack of knowledge and steal your cryptocurrency. Always protect your cryptocurrency key and seed phrase. Use two-factor authentication and use only trustable apps like bitcoin profit etc. Never store them on your computer or hard drive, basically anything that can be hacked. Instead, write it down safely on paper and store it. And make sure you never lose your account’s password.

  • Lack of knowledge about the market:

Sometimes people jump into investing in cryptocurrency due to its hype. Thinking crypto investments will always give you profit is wrong. Crypto investments are a complex task. You need a lot of market knowledge and tactics. Without it, you’ll never make a profit. That is why you don’t make the mistake of investing in cryptocurrency without basic knowledge about how the market works.

Conclusion:

Following these suggestions will not guarantee you profit, but it reduces risk. The more you would understand how the market works. The less you will worry about the ups and downs of the prices. Cryptocurrency may seem easy, but it takes a lot of time to master it. However, our suggestion would be to listen, learn, analyse, and make your own decisions rather than follow trends.

No tags

Share this article

Technology

Top Crypto trends in 2022

By Posted on 4 m read

Cryptocurrency’s acceptance is growing; some countries want to embrace it, whereas some want to ban it. Investing in cryptocurrency can be risky sometimes too, but the more profitable the investment, the greater the risk it holds.

That is why, its acceptability is growing tremendously. 2021 was a very eventual year for cryptocurrency. We saw its price skyrocketing and then falling, from El Salvador making bitcoin a legal tender to china banning it totally, the cryptocurrency saw a lot.

 However, it’s just the beginning. Following is a list of all the top cryptocurrency trends you should be on the lookout for in 2022.  

  1. Central banks go digital.

Another crypto trend that is anticipated is that central banks can go digital. It has been known that more nations are trying to create its own central bank digital currencies, also known as CBDCs. The state will begin to issue their digital coins, which will compete with the cryptocurrency in 2022. Central banks around the globe recognize that digital payments are the new normal.

Many countries have started to realize this truth, while some countries like Japan and Sweden have started their trials of creating their own CBDCs. The increasing utilization of CBDs can undercut some cryptocurrencies like stablecoins by making low-cost digital transactions accessible widely.

  • Legal tender

Many countries are looking to bring cryptocurrency into the financial fold instead of banning it. Most countries are inspired by El Salvador’s experiment and look to embrace bitcoin as a legal tender. It is said that this will increase financial inclusion and investments. Although many people love including cryptocurrency like bitcoin in daily transactions, it is also getting a lot of criticism.

Accessing these currencies can become a real hassle for less tech-savvy people or people living in rural areas who have limited access to the internet. However, besides that, Bitcoins’ high price volatility and risk to consumer protection and financial internal and financial stability are also some other factors accessing cryptocurrency worldwide. 

  • Cross-blockchain bridges:

These connect one-of-a-kind blockchain and allow customers to ship cryptocurrencies from one chain to some other. There are about 20 famous bridges right now.

Cross-blockchain bridge protocols like Rune (THORChain) will facilitate more peer-to-peer swaps. Currently, most bridges are connecting to the Ethereum (ETH) network because of Ethereum Virtual Machine (EVM) compatibility, which includes Tezos Wrap Protocol Bridge, Binance Smart Chain Bridge, Solana’s Wormhole Bridge and Avalanche Bridge. Layer-2 scaling solutions like Polygon and Arbitrum have brought on developing a multichain environment.

Overall, cross-blockchain possibilities are predicted to play a more significant essential role. Multi-blockchain initiatives and interoperability become vital components of the Defi enterprise.Apart from that we can also see many auto trading apps like Bitcoin Era or Bitcoin prime coming upfront that does trading on your behalf.

  • Defi and liquidity

DeFi’s mission is to provide financial services without any centralized intermediaries. This mission can be achieved with automated /innovative protocols on blockchains centred on two elements. One is stable coins, and the other is different protocols for trading, lending and investing.

With the market dominance of 17 %, the Defi ecosystem grew sevenfold on year on year basis. And the number of users on this app grew by 592%. Inflation-Adjusted Total Value Locked of DeFi is around fifty billion dollars. Several promising new protocols like OlympusPro, Tokemak for lengthy-time period liquidity, and Fei Protocol x Ondo Finance for short-time period liquidity have recently appeared. It has opened new doors for further improvement of DeFi2.

Another one of the trends to watch in 2022 is the development of fractional reserve banking and off-chain credit scoring systems. Block chain games are also becoming popular as they are trading increasing volumes across platforms like Axie infinity, Alien worlds, splinterlands and Upland. Blockcah9n gaming industry is multiplying. 

  • NFTs (non-fungible tokens)

NFTs are also rapidly gaining recognition in 2022. Big corporations have started to look into the NFTS. For Instance, Microsoft and ConsnSys collaboration has resulted in an NFT aura platform. We and IBM have also a market based on NFTs. Many media publishers and blockchain companies have launched NFT platforms for trading digital fashion, music and art.

Not only is that buy digital collectables also being launched. NFTs are raising executives’ attention; especially digital art has been leading this adoption along with some other luxury brands. We can say that decentralized commerce can be the next step in NFTs for retailers and brands.

The NFT market has great potential provided that it can transfer rights to another person, whether it’s physical or virtual. Data indicates that decentralized commerce may be the next step in NFTs for brands and retailers. We anticipate interest in how NFTs may be handled and valued from conventional institutions like museums, funds etc. 

Conclusion

These are only a few of the many trends we are seeing in the crypto world. The Cryptocurrency market has been unpredictable. That is not just because of the innovations like NFTs but also due to market volatility. With main streams coins like litecoin, poltadot and even sometimes with many altcoins like Dogecoins the trends will keep coming and going, and the innovation will never stop. The digital currency journey has just started, but has a long way to go. 

No tags

Share this article