A Million Lives

A million lifestyle hacks...unlimited possibilities

  • Home
  • About
    • Write For Us
  • Travel
  • Business
  • Money
  • Auto
  • Fashion
  • Tech
  • Health & Fitnness
  • Education
  • Diy / Home Improvement

May 16, 2018 by Greg Underwood

How to Invest In Cryptocurrency

Interested in investing in cryptocurrency but you’re not sure where to begin? Then click here. This article will guide you on how to invest in cryptocurrency.

We’re sure you’ve heard the buzz about cryptocurrency. It’s taking the financial world by storm! After all, more than 3 million people are actively using it right now in one way or another.

Sounds interesting and all, but can I get a “huh?”

Knowing how to invest in cryptocurrency is key to avoiding the confusion that may come with using this intangible money. Since there are no less than 1,037 options available, with caps of up to $55 billion dollars, choosing your currency can be a tough decision to make.

Which is why we’re here.

We’ve compiled a few tips that’ll get you headed in the right direction, starting with what cryptocurrency actually is. A good place to start, right?

Let’s get investing.

How to Invest in Cryptocurrency Today

So, what is cryptocurrency? Let’s find out more about that before we invest.

In laymen’s terms, it’s digital assets that you don’t need to use a central bank to access. It is easily transferrable online, and accessible through your computer, phone, and certain crypto apps.

In the past, bitcoin ruled the crypto world. But now there are many any option for investors.

Which brings us to our first tip:

Choose Your Currency

And you don’t have to choose just one. Take the time to research the rises and falls of different currencies. Invest in a few that peak your interest.

A well-rounded “portfolio” of currencies gives you better odds of landing on one whose value will rise.

Buy Your Currency

The next step is biting the bullet. You can purchase your currency within the realm of that site – bitcoin buyers can buy right within the bitcoin site – or you can buy it through means of “betting” through exchange trades. This is good for those who don’t want to make the financial commitment quite yet.

Store Your Currency?

Accessing your currency is much like remembering a screen name and password. You don’t want to lose this information. There are ways to store your currency to ensure that it’s safeguarded.

We recommend keeping a personal attachment to them: after all, it’s your money to make!

Pay Your Currency Taxes

And, much like every other dollar you make in this life, crypto is no exception. Whatever you make in this investment, you’ll have to pay taxes on.

But that’s okay because we hope you’ll be rolling in the dough by then. The value of cryptocurrency has now exceeded $150 billion dollars – a number that used to be a measly $25 billion five months earlier.

Make the Investment

If the studies have shown us anything, it’s that cryptocurrency isn’t going anywhere. In fact, the amount of users right now is three times what was previously estimated (that’s a lot).

Much like the stock market, you can’t invest when it’s too late – as in when it’s doing really remarkable. Once everyone’s cents turn into big bucks, the value is much different for new buyers.

Knowing when and how to invest in cryptocurrency will help you make the most money, and we don’t just mean the virtual kind. So don’t hesitate.

If you have any more crypto hacks or ideas about this growing financial landscape, please reach out to us!

January 25, 2018 by Greg Underwood

How Blockchains Will Change the Property Market

What is a blockchain you maybe initially asking? Well it’s a term that has become all too familiar in the property market over the past few years. News has been circulating about blockchain technology being adopted by most businesses in today’s era but what is it and what impact does it have?

Well, in simple terms, blockchain is a highly secure way of recording transactions, contracts and transferring data. The clever part is that if a blockchain is implemented the sensitive information it holds is not held in one place, but it is instead broken down into thousands of tiny ‘blocks’. These blocks are encrypted using advanced mathematical algorithms and stored on multiple computer servers, linked together in a ‘chain’.

This practice makes blockchain almost impossible to hack. Once a block is added to the chain ledger, it would need the best hackers in the world to alter them as all parties involved in the network have to run algorithms to evaluate and verify the proposed transaction against the existing blockchain. Then if the majority of the parties agree that the transaction is secure and legit, matching past activity, it will only then be granted and encrypted into a block to be added to the chain. This then means that the blockchain then becomes a mutually agreed, highly secure and precise log of activity, which is viewable in real time and is water tight.

So what does this have to do with the property market?

Well, this has the possibility to rejuvenate and change for the good how we do business and how financial markets work. From a purely transactional look, acquiring or selling an asset on the traditional real estate market is not known for being quick and easy, however, blockchain can speed up the slower, more tedious elements of the process. If we look more specifically at the verifying of title deeds. Holding title data on the chain allows quick changes and fast transfers with reduced chance for fraud or error, which could even lower insurance costs. Furthermore, this process could allow funds to change hands immediately and securely from anywhere in the world, taking many of the issues around calculating exchange rates and taxes out of the equation, and minimising the potential for theft or fraud.

When we apply this to property management, it means that rental payments are closely tracked on the blockchain and are traceable in their fullest form, reducing the auditing process and risk for possible mistake. In addition, service charges can be instantly invoiced and paid. A process, which is being heavily pushed with the property giants in the UK, one of the leading commercial property agents Manchester has to offer spoke of how this has been one of the best moves in the industry. The way in which is enables the opportunity of setting up full contracts visa the blockchain – which are digitally signed and automatically enacted – makes processes much quicker and easier for companies. By getting instant rent payments or funds for deposits, it reduces manual admin and time wasted waiting for physical evidence.

Blockchain may be  a new concept that is still off being the norm, – and even despite the fact that test are still ongoing for it – it is increasingly being looked at as the solution to some of the most frustrating issues property professionals face.

Follow us

  • twitter
  • facebook

Recent Articles

  • How to Prevent Eyelashes From Falling
  • 10 ways to experience Bali like a local?
  • What you need to know when choosing a web host
  • How Much Will I Receive After My Slip and Fall Lawsuit?
  • What You Need to Know About the DBPR Continuing Education Course

A Million Lives

Travelling in all its glory is fun and exhilarating but sometimes you might want to find some information on where to go, what to see and how to go about it from someone other than the go-to websites, especially when it comes to travel hacking and the coolest, most useful ways to get the most out of your next adventure.

Recent Posts

  • How to Prevent Eyelashes From Falling
  • 10 ways to experience Bali like a local?
  • What you need to know when choosing a web host
  • How Much Will I Receive After My Slip and Fall Lawsuit?
  • What You Need to Know About the DBPR Continuing Education Course

Follow us

  • twitter
  • facebook

Pretty Chic Theme By: Pretty Darn Cute Design