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Is Bitcoin Mining Worth It?
Crypto Fundamentals: A quick guide on how to calculate your costs, ROI and potential profitability to see if Bitcoin mining is worth it for you.
The post Is Bitcoin Mining Worth It? appeared first on CoinCentral.
Read moreWhere do Bitcoins come from?
Bitcoin was created as a digital currency in 2009 in response to the 2008 financial crisis by an unknown developer(s) under the pseudonym Satoshi Nakamoto.
The post Where do Bitcoins come from? appeared first on CoinCentral.
Read moreVenezuelan President Nicolas Maduro Proposes Retaking the ‘Crypto Path’
Venezuelan President Nicolas Maduro discussed the possible future of the national cryptocurrency system following the so-called PDVSA-Crypto scheme, which resulted in the loss of $20 billion in unaccounted oil sales paid in crypto. Maduro stated that t…
Read moreCASE STUDY
3 Secrets To Bitcoin Investment Success
The bitcoin ecosystem got a lot of great news – investors are pouring millions into the ecosystem, the IRS clarified the U.S. tax situation, and Stripe announced they will support bitcoin.
HAVE A PLAN
Bitcoin investors need to have a strategy: It could be day trading, trying to pay off student loans, trying to retire, etc.
SECURE THOSE BITCOINS!
Bitcoin gives owners 100 percent control over their funds. With that great power comes responsibility. Any time funds are held in an online wallet, online exchange, or business those funds are at an increased level of risk.
EXPECT DROPS
Bitcoin’s price will drop. It’s price will probably drop more and faster than any other investment you’ve held.
When evaluating places to put bitcoins it is important to think of trust factors such as: who owns this company, where is this company located, what security features does this company employ, and how does this business make money?
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