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, …
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% …
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 …
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 …
PayPal To Introduce Crypto Capabilities
PayPal, one of the biggest online payment platforms has just confirmed that it is busy working towards bringing crypto capabilities to its platform. Currently, PayPal has in excess of 277 million active accounts globally and available over 200 markets worldwide. Through a PayPal account you are able to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in your account in 25 currencies. PayPal was introduced to Australians in 2005, with 7 million active accounts in Australia alone. The Block has reported that the decision made by PayPal to introduce crypto capabilities to its …
Are Banks Buying Bitcoin On The Down Low?
In a recent interview, Jason Williams of Morgan Creek Digital has said that major banks are buying Bitcoin (BTC), and they don’t want anyone in the public to know about it! Williams believes that Banks are investing into the best performing asset of the decade (BTC) and don’t want people to know about it to ensure that the price of Bitcoin doesn’t spike too high too soon. Over the past ten years, since Bitcoin has come into existence and into our every day lives, banks have been against the digital asset, and spoken strongly about this on a public level. …
‘Mortgage Holiday’ To Come To An End – The Next Move You Need To Make
At some point financial relief and what we know as a ‘mortgage holiday’ will come to an end, however, you do have options available to you to help you restructure your mortgage and set yourself up with a mortgage free holiday for the life of your mortgage. The Australian housing market and economy has taken a massive hit, one, which we have not experienced since the Great Depression. Since the outbreak of the Corona Virus the Australian economy and housing market has struggled, and now with a second wave hitting we can expect the economy to suffer for two to …
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