Is Bitcoin Worth Investing In?

2017 started off well for Bitcoin, as it has reached the $1 000 mark, and shows absolutely no signs of slowing down. I get emails from people very often asking whether or not this cryptocurrency is the only one worth investing in, and, to tell you the truth, the answer is not as simple as you may think.

Before I open up this conversation, I want to make sure that it is understood that Bitcoin is neither a stock nor a company –it is a cryptocurrency. If you are considering investing in it, it is vital that you understand that you will essentially be buying currency, although there are other ways of investing in it too. These include buying and holding, trading, investing in Bitcoin mining, or investing in companies that accept Bitcoins.

A growing number of internet-based businesses now accept Bitcoin, and you are able to transact using this cryptocurrency at an online casino, online retailers, travel companies and to purchase other online services. The more companies that accept it, the greater the demand, and many hope the greater the value.

Buying and Holding Bitcoin

The most common method of investing in Bitcoin is to buy it, hoping that its value will appreciate. This decision requires you knowing when the best time is to buy, meaning when do you feel the price is at the lowest it is going to be, and will thus make for a good profit when you eventually sell it at a later date.

Don’t rely too much on the free advice people are so eager to hand out when it comes to something they know nothing about, and focus instead on ways to make this decision on your own. Do your homework, investigate what you need to and learn as much as you can about this cryptocurrency so that you can come to your own conclusion –bearing in mind, of course, that this too is advice, and you should take it with a pinch of salt as well.

Pointers for Buying and Holding Bitcoins

  1. Don’t ever invest more than you are willing (or able) to lose. Bitcoin is a risky investment, as most of those which promise high payouts are, and it is essential that you keep this in mind at all times.
  2. After you have bought your Bitcoins, ensure that you move them into a personal wallet belonging to you –don’t ever leave them at the exchange. I personally recommend using a hardware wallet to store them. If you can’t afford one yet, try a paper one until you can.
  3. Only buy your Bitcoins through exchanges that have proven reputations.
  4. Buy your Bitcoins through Dollar Cost Averaging. This means that you don’t purchase all of them in one trade, and instead acquire a fixed amount of them every day, week, or month over the year. This allows you to average the price out over 12 months.

A Multi-Faceted Answer to a Simple Question

By now you have probably come to the conclusion that the answer to the question I posed at the start of this article is not a simple one –it is not just a matter of should you invest in Bitcoin, it also involves the different methods of doing so.

The only way to find the answer is to educate yourself: learn about Bitcoin, learn about what factors affect it, what advantages and disadvantages this cryptocurrency brings to the table, and hold off making decisions until you have armed yourself with the knowledge required.

 

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SBOBet Review

This is a sponsored post by SBOBet

sbobet

SBOBet is one of the pioneers when it comes to online betting industry. Operating with license from Philippines and Isle of Man, this company is operated by Celton Manx Ltd. since 2004. Twelve years later, the company has successfully widened its base of operation to Asia through its various betting methods.

Website

The website comes with elegant blue design, which makes browsing the website comfortable. This experience is perfected by the website easy navigation. Furthermore, the website is also mobile ready, perfect for those who are mobile.

Market

SBObet offers more than 30 betting events. A sport betting is one of them. So, what’s special? Its betting odds. The company also applies betting risk system throughout its website and service to ensure its credibility.

Betting Odds

SBObet is based on risk bet, a recent betting trend in Far East. The company offers this betting type due to its low losing risk. This is possible because there are only 2 alternatives that can happen in a betting event. Risk bet also creates a balanced bet between the teams, while its value can be determined by the percentage of the betting amount.

Promotion

Besides its competitive odds, SBOBet also offers various bonuses and promotions. For example, the company offers welcome bonus to all new members as much as €250. Not too small, enough to make some bets. However, it’s very important to remember that new members will not be able to withdraw the money soon after the registration. SBOBet policy requires new members to win several bets before they can withdraw the bonus.

Payment method

SBOBet now supports various payment methods, including major debit and credit cards as well as online payment providers.

User oriented

For SBOBet, there is no better way to be the best online betting platform than giving ensuring their customer’s satisfaction. That’s why all the company’s services and features are optimized for this purpose.

Language and currency

As one of the best players in online betting industry, SBOBet proves itself worthy to be the best by providing supports over multi languages. The website now supports English, Bahasa Indonesia, Vietnam, Chinese, Myanmar, German, Russia, Spanish, Japanese, Korea, and Thailand. And that’s not all. The company is planning to add more languages to its website so it can be fully accessible by anyone from around the world. The same thing also goes for the currency.

Customer support

The website’s customer support is available for everyone, providing the best and one of the fastest solution ever to those who seek.

Email

Any inquiry can be addressed to support@sbobet.com. Usually, it takes 1×24 hours for SBOBet to reply the inquiry.

Telephone and fax

In case user needs immediate response over the inquiry, he/she can contact the company directly at +44 1642721960 (Europe), +63 28563776 (Asia), or +63 27296516 (Asia). The fax line is also available at +44 1624721966 (Eropa) and +63 28563766 (Asia)

Skype

Another way to contact the company is through Skype. The company’s official Skype account is available at sbo-css.

Photo Credit: Flickr

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How to Make Money with ICONOMI ICO

iconomi

This is a risky investment. You could lose money, and there is no guarantee of investment returns. This should not be construed as professional investment advice. Don’t invest more than you can lose. 

Today, I want to discuss a new investment with you, my readers. This is in the cryptocurrency space. This is a significantly high risk-high return opportunity that isn’t suitable for everyone. It is higher risk than what you’re used to with stocks and even options, but a correspondingly higher payoff probability.

ICONOMI is the hottest new ICO in town. For those who are unaware, an ICO, or an Initial Coin Offering is the process by which new projects in the crypto space bootstrap with investor money, by selling access tokens to their network to investors. The money is then used to build the promised project by hiring developers, marketing, and business development people. If the network becomes more valuable in time, you profit with that. If it becomes less valuable, you lose along with the network. It has a symmetric loss/gain profile, but of course the loss is capped at 100%. There is no cap on the gains. Therefore it is an asymmetric risk/return profile.

So today, I want to discuss ICONOMI ICO. You can invest in this via US Dollar, Euros, or even cryptocurrency like Bitcoin. Most projects in the crypto space are funded via Bitcoin (BTC) because they are promoted by and to the people in the crypto space. But not ICONOMI. They have raised over 25% in regular currencies of EUR and USD, and the rest via cryptocurrencies.

So why should you consider investing in this project? Because of the potential payouts. It is a decentralized fund management system, which has both index-like and hedge fund like assets. Other investors can passively or actively invest in these funds and gain exposure to cryptocurrencies as an asset class. And here’s the kicker – the more other people buy these funds, the more you, as an investor in ICONOMI will get paid. The services are sticky. The fees are recurring and yearly. The dividends are weekly. It is an ideal investment vehicle if you think the broader cryptocurrency world will gain in popularity with the more mainstream investors.

If you want to look at a typical use case, think of it this way – say you’re someone who has no idea about cryptocurrencies in general and don’t want to go around managing private keys and downloading software and wallets. It is a high barrier to entry. But you don’t mind investing say 1% of your wealth in cryptocurrencies. Today, there is no way to do this. However, with ICONOMI, you can. That’s the big value proposition.

So think about this investment. Remember, high risk, high return potential. Never invest more than you can afford to lose.

Here’s the ICO link again.

Photo Credit: Flickr

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Tips for New Online Players

Tips for New Online Players

For most casino enthusiasts, playing online is easier and more convenient than visiting a land-based casino. If you have been playing online for a while now, you will know that online gambling can be extremely fun and rewarding. But for those players just starting out, it can be difficult to decide who to sign up with and what to watch out for. We are going to take a look at a few tips that will help you get the most out of your online experience.

Where you Should Start

If you have made the decision to play online, the first thing you need to do is sign up with a reputable online casino. If you do a quick web search you will find that there are dozens of sites to choose from, all promising the biggest bonuses and cash rewards. Before you make any decisions, it is best to check out the casino credentials. All top-rated online casinos are fully licenced by entities such as the Malta Gaming Authority, with the licensing information freely available on their website. If you cannot find any info on the licensing, its best to move on.

The second thing you need to look out for is a site that is user friendly and offers multi-platform access. This means that you can access and play casino games instantly online, by downloading the software or on your smartphone/tablet. The site itself should be easy to navigate with easy links to the games list, banking options and casino bonuses.

Going Local

One mistake many players make is to sign up with a foreign casino that doesn’t accept their currency. Always ensure that your chosen casino is 100% local, or accepts dollars, pounds, euros, or whatever you use locally. This will save you paying unwanted conversion fees.

If we look at banking options, you want to find a site that offers instant secure banking options including credit card payments, debit card payments, bank transfers and web-wallet payments. Take the time to view their payout policy and times.

Security is a big issue with online gambling. You want to make sure that the casino you sign up with is running state of the art encryption technology to protect your personal and financial information. You will also want to find a site that is committed to fair and accurate gaming. Take the time to find out if the site has an independent auditor that does regular audits on the random number generator.

Casino Games and Casino Bonuses

One area which most players tend to forget about is the number of games available at the casino. Even if you are only planning on playing the games of Blackjack Canada casinos have to offer, or Roulette at UK facing sites, it is best to sign up with a casino that offers a wide range games including slots, table games and instant win games. The wider the game range, the bigger the casino,and the more stable the site will be.

Finally, after checking off everything on your list, you can look at what types of bonuses are on offer. This should never be the first criteria when signing up. Once you are satisfied that you have found a reputable site with excellent banking facilities, a wide range of games and top-rated security, you can look at what bonuses will best suit your needs. A good place to start is a casino that offers 100% cash match welcome bonuses, along with weekly and monthly casino promotions.

Now you know what to look for, you can get playing!

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