Dips In Price Are Great For BTC Miners
In recent weeks we’ve witnessed all-time highs in the worlds strongest performing asset; BTC, and we have seen a major correction in price. BTC dropped by as much as 18% during the week, dropping to $48,000 USD. Placing the price of BTC at its lowest in about two weeks. “We’re feeling optimistic towards BTC, very happy to see a healthy correction here, no market is straight up.” – Cathie Wood, Ark Investment Manager. Typically traders, not all but for some tend to stress over these large movements, for BTC miners it’s a time of excitement. Whilst mining BTC compared to …
Bitcoin
We have all heard of Bitcoin (BTC), the world’s top performing asset of the decade and I can imagine the majority of you have the various Coins invested. However, the million dollar questions remain: What does the future of Bitcoin look like? How will it impact you as Investors? Will the various “Bit” Coins only buffer our economy or shall Cryptocurrencies be the way of the future and replace traditional models? What will our monetary system for the future look like? “Cryptocurrencies are here to stay. Cryptocurrencies are going to displace roughly 25% of national currencies by 2030.” – Thomas …
BTC Jumps 200% In 3 Months
When Bitcoin (BTC) exceeded the recent $50k resistance point on the 16th February 2021, a very significant breakthrough was made. BTC has spiked more than 200% in the last 90 days. 400% against the US dollar for the year. When it comes to the Bitcoin market there are two avenues available to you to break into the crypto space. Trading BTC, while it can produce high percentage returns, also comes with very high risk. When trading on the crypto space, 100% of your initial capital is always at risk. Not to mention if you are not exceedingly educated in market …
Tesla Dumps $1.5 Billion Into BTC
Bitcoin hit yet another all time high when Tesla invested $1.5 Billion into the worlds best performing asset of the decade. Founder, Elon Musk, of the worlds best known electric car, Tesla, has always been a night advocate of Bitcoin, and this just seals the deal. In an annual report filed with the US Securities and Exchange Commission, Tesla stated that, “The company may acquire and hold digital assets from time to time or long term.” When the news hit the market Bitcoin’s price increased by about 14%, hitting a new all time high and breaking past $44,000 USD. This …
Perceived Value – A Conversation With NGS Crypto
A prospective customer asked us how much would it cost to get involved with NGS Crypto? We answered with – $1,000 USD minimum The customer responded: That sounds expensive We then asked – What do you think is a reasonable entry price for the service? The customer answered – $500 USD minimum We asked the prospective client – OK, well we invite you to try and mine digital assets privately yourself. The customer answered – Sounds good! I’ll do it myself! We answered – Great! To get yourself up digital asset mining you will need to cover the cost …
Have You Considered Switching Your Retirement Fund?
In the 2019/2020 financial year the top performing industry superannuation fund made their members a return of 3.9%, with an overall average of 8.6% return over seven years. While this may seem like great returns to some, there are other options available to you offering much higher yearly returns on your superannuation. Your retirement fund is not something that should be taken lightly, and it is very important, especially after the year that has been in 2020, that you look into what options are available to you in order to grow your retirement fund as quickly as possible. In 2014, the Australian Taxation Office (ATO) issued …
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