Secure Your Retirement
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, …
BTC Adoption To Reach 90% By 2030
Bitcoin (BTC), which has been hailed as the best performing asset of the decade, has recently had a major influx of interest, especially within the Blockchain space, the underlying technology behind BTC. Brian Estes, found of investment firm Off The Chain Capital, has predicted that it will take 10 years for Bitcoin to reach 90% adoption. “I think in 2029, 2030, when 90% of US households and people in the Unites States use cryptocurrency and Bitcoin, then I think it becomes a stable part of the economy and not just the US economy, but I think the world economy.” Estes …
EOM Update – November 2020
November was yet another successful month for NGS Crypto and all of our valued members. With Bitcoin (BTC) being at an all time high, our clients are sitting in a great position with their Digital Asset Mining investments. NGS Members have taken full advantage of the high prices, with majority of them securing their profits made, and safeguarding those into a new NGS Crypto Initial Mining Agreement (IMA). This compounding strategy allows NGS members to capitalise on these higher returns without the risk of losing profits already made. NGS Crypto members, depending on their investment amount, earn 10% – 15% …
Gold vs. Bitcoin
A Brief Monetary History Good money needs to have a few basic functions to work effectively; it has to be a medium of exchange, unit of account and most importantly a good store of value. Gold has been considered the best form of money for the best part of the previous 6000 years of monetary history, due to it continually being chosen by the free market as best fulfilling these three functions of a good money. Lots of different objects and things have been tried as money throughout history, such as seashells, glass beads and the hundreds of paper fiat …
Introduction to Investing in Crypto with Digital Asset Mining
Cryptocurrency’s are taking the world by storm. They are fast becoming a more trusted form of currency to use, especially in countries experiencing economic turmoil, and with people and organisations who no longer trust the traditional form of the banking system. There are many ways to obtain and enter into the crypto space, however, one of the safest and more stable means is to invest into crypto mining. What Is Cryptocurrency Mining? Cryptocurrency mining is a process in which transactions for various forms of cryptocurrencies are verified and added to the Blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, digital …
Watchdog Blows The Whistle On Banks – Deceased Are Still Being Charged
The Royal Commission at the beginning of 2019 released their report into the misconduct in the Australian Banking and Superannuation sectors and their findings are nothing short of an absolute disgrace to the financial treatment of Australians. Original findings, which were conducted by Commissioner Kenneth Hayne, found that though extensive evidence found that Banks operating through Australia were charging of fees but offering no service, misleading customers and charging dead people, just as a few small examples. The Commissioner requested changes that needed to be made and lawfully abided by to see improvements across the board, ensuring that all customers …
Coinbase To Launch Crypto Loans
Coinbase, one of the United States and the world’s largest and most popular cryptocurrency exchanges has revealed that they will soon begin offering Bitcoin (BTC) and crypto backed loans to their customers. Coinbase customers will soon have the option to take out fiat loans against around 30 percent of the Bitcoin (BTC) they already hold. Not all loans will be in BTC, however, the digital asset will definitely back them. To begin with Coinbase is only offering loans at this stage of up to $20,000, with interest rates on the loans locked in at 8 percent or less. If you …
Melbourne Property Goes On The Market For 73 BTC
It is not the first time an Australian property has been sold in exchange for Bitcoin (BTC). A Victorian man has recently put his Melbourne property on the market, asking for between 67-73 BTC for the property. The property owner can expect to sell his property for the equivalent of $850,000 to $950,000, going off the latest BTC price. In a recent article published by the Herald Suns’, Samantha Landy, the four bedroom, four car garage, pool and man cave style house has been put up for sale because the owner considers Bitcoin to be “better than cash.” In the …
Is Bitcoin Ready For An Astonishing Rise In The Next 48 Hours?
According to Morgan Creek Digital Executive, Jason Williams, Bitcoin’s three-month-long horizontal trading range may see a massive price spike within the next 48 hours. In a recent Tweet, Williams stated to his 41,000 followers that BTC appears to be set to be on a big move upwards, as the worlds top performing asset of the decade approaches the peak of a rising triangle pattern on its short-term timeframe. “This feels like a little World Cup of sorts. Bitcoin could break out on or about the 22nd. I don’t think I would want to be on the sidelines going into this …
Mortgage Re-Financing And Investment
Currently there is a hold on Mortgage re-payments due to the financial hardship that Covid-19 has put on many of us. The Australian Government has just released that they are extending the hold on mortgage re-payments. The new extension will be processed on a case by case basis depending on individual circumstances, with the banks expecting those who are able to resume repayments to start doing so by the end of their six-month deferral in September. The additional deferral will also have no impact on a customer’s credit report or their credit rating. The Australian Banking Association chief executive Anna Bligh said …
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