Category: Business

Credit Cards: How to Make Balance Transfers Work For You

Who was the Welsh guy who threw away $200 million of Bitcoin?

My aim with each blog post is to help you move to a better financial future. I believe that there is not enough financial education in the national curriculum and I intend to share anything helpful that I have learned along the way. I am by no means a financial expert. None of the information on this website constitutes financial advice and is provided as general information only. This is my personal finance blog; my marketing blog is over here and I have been blogging there since 2010. I hope you have found this information useful. Thank you for reading.

Best regards,

Mike

Will Mount Gox Change the Price of Bitcoin?

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM

Mount Gox (Mt.Gox)

This is the story of Mount Gox, one of the earliest Cryptocurrency exchanges in the world. Mount Gox was founded in Tokyo, Japan in 2010 by Mark Karpelès and at one stage it was handling 80% of all worldwide Bitcoin transactions. Unfortunately in 2014 Mount Gox was forced to close its website down because it had been hacked and 800,000 Bitcoins had been stolen.

However, after a protracted legal battle with Japanese authorities that lasted nine years and many attempts to recover Bitcoins on behalf of his customers Karpelès is now able to offer 10,000 Mount Gox customers a refund in Bitcoin. As you imagine Bitcoin has increased in price a lot since 2014.

Please watch the video to discover the full story and the likely impact that Mount Gox refunds will have on the price of Bitcoin.

After you have watched the video, please let me know your thoughts in the comments under this post or under the video on YouTube.

I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.

Next Steps

Have you invested in Bitcoin? Will you invest before the Bull Run starts next year? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.info

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✅ to get up to $7,000 as a deposit bonus.

✅ Use Code MIKE7 to redeem the deposit bonus.

✅ Use Code MIKE 25 to get 25% off trading fees for each order.

If you have enjoyed this post you will also like the following posts:

What is the Bitcoin Halving? Why is it Important?

Credit Cards: How to Make Balance Transfers Work For You

Is it too late to buy Bitcoin?

Best regards,

Mike

What is the Bitcoin Halving? Why is it Important?

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM

The Bitcoin Halving

The Bitcoin Halving is a very significant event in the history of Bitcoin and occurs after every 810,000 blocks have been mined by Bitcoin miners. The Bitcoin halving refers to a halving of the mining reward for mining Bitcoin and occurs every four years.

It is not possible to understand the significance of the Bitcoin Halving without first understanding what Bitcoin mining is. Please watch the video to gain a complete understanding of Bitcoin mining and the Bitcoin Halving.

After you have watched the video, please let me know your thoughts in the comments under this post or under the video on YouTube.

I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.

Next Steps

Have you invested in Bitcoin? Will you invest before the Bull Run starts next year? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.info

Prime XBT Crypto Trading Platform.

✅ to get up to $7,000 as a deposit bonus.

✅ Use Code MIKE7 to redeem the deposit bonus.

✅ Use Code MIKE 25 to get 25% off trading fees for each order.

If you have enjoyed this post you will also like the following posts:

Credit Cards: How to Make Balance Transfers Work For You

Is it too late to buy Bitcoin?

Best regards,

Mike

Should you invest in Polkadot? (DOT)

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM

Polkadot

Polkadot is a top twenty cryptocurrency by marketcap according to coinmarketcap.com. In this video, I discuss the results of my research into the project and give my investment verdict. This does not constitute financial advice.

Points that I cover in my analysis are as follows: History, what is Polkadot? Which blockchain or blockchains does Polkadot use? How many Polkadot coins are there? What is my investment verdict?

After you have watched the video, please let me know your thoughts about Polkadot in the comments under this post or under the video on YouTube.

I believe that with Cryptocurrency regular people have the opportunity to change their financial future within a 3 -5 year timespan. That is why I am so passionate about the sector.

Next Steps

Have you invested in Polkadot? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.info

Prime XBT Crypto Trading Platform.

✅ to get up to $7,000 as a deposit bonus.

✅ Use Code MIKE7 to redeem the deposit bonus.

✅ Use Code MIKE 25 to get 25% off trading fees for each order.

If you have enjoyed this post you will also like the following posts:

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

How to Buy Crypto

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Buying Cryptocurrency

A few months in the cryptocurrency industry is like a few years in the regular world. What was reasonable for me to to recommend a year ago is no longer my recommendation. When it comes to buying cryptocurrency, my recommendation now is to use for the reasons that I explain in this video. At this point, it is customary for me to remind you that I am not a financial adviser and this is not financial advice. That said, I no longer use Coinbase to make any Cryptocurrency purchases.

It is really interesting to visit Coinmarketcap and compare the values of cryptocurrencies now in 2022 with their values in 2017 and 2018. There are clear winners and losers, a topic that I will address in another post.

Next Steps

Have you changed how you approach investing in cryptocurrencies? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

How to get Approved for Affiliate Marketing Programs

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Affiliate Marketing

I have written about Affiliate Marketing on this site five times, some of the posts are linked below this one. Please click through to read them if you haven’t already. In this video, I discuss a crucial stage that will set you up for affiliate marketing success. I am referring to the ability to successfully navigate the affiliate marketing program application process.

Once you understand what the Affiliate Marketing Program Managers are looking for, it will be easier for you to successfully apply for programs and boost your potential earnings.

Remember to take a qualitative approach, only apply for appropriate affiliate marketing programs so that you can remain focused and do not spread yourself too thinly.

Next Steps

Have you been rejected for affiliate marketing programs? Do you now have a better understanding of the process? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

What is Ethical Investing?

Best regards,

Mike

Is Forex Trading Hard to do?

This post may contain affiliate links please read our disclosure for more info.

What is Forex Trading?

If you have travelled abroad on holiday or a business trip you may have needed to buy some foreign currency to use at your destination. More than likely you will have used your home currency to buy currency for your destination country. Foreign Currency exchange or Forex trading as it is more commonly known is based on this buying and selling of currency pairs, the currency pair being the two currencies that you wish to exchange. Through the buying and selling of currencies at opportune moments it is possible to make a profit. Fundamentally Forex trading is quite easy to understand but that does not mean it’s easy to do profitably.

If you want to start Forex trading the first step would be to find a reputable broker. This article lists the top 25 Forex brokers in the UK ranked by their trust score.

Is Forex Trading Hard?

The majority of Forex traders are not making a profit and this is because of a number of reasons including; a lack of understanding of the complexities of international currency markets, a reluctance to exit a bad trade in the hope that it turns around, poor risk assessment and management, allowing greed to take over and emotionally driven trading. If you are to avoid becoming another failed Forex trader, I recommend the following steps:

*Start trading with a practice account before using any real money.

*Keep a record of all yout trades as you build up your experience.

*Understand the importance of setting up stop loss orders and apply them to your trading procedures.

*When you start, pick currency pairs that are familiar to you.

Create a daily routine that is conducive to good trading practices, sleep, exercise and nutritious food are likely to lead to better trading decisions.

In answer to the question in this post’s title, Forex trading is not hard to do but it is hard to do well. Beware of ‘Fake Gurus’ oversimplifying Forex or offering you a foolproof trading system because it is likely that they are only being successful by selling their ‘system’ rather actual trading success in currency markets.

Next Steps

Are you interested in Trading Forex ? Have you started already? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to get Brand Deals as a Micro Influencer

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

What is Ethical Investing?

Best regards,

Mike

Image credit: pexels.com

How to Invest in Property without a Large Deposit

This post may contain affiliate links please read our disclosure for more info.

Wherever you are in the world, investing in property, or Real Estate as it is called in the United States, remains one of the most prudent investments an individual can make. Once you have invested in property, you have the opportunity to benefit from capital appreciation (the value of the property going up over time) and rental income.

In the United Kingdom the total value of the UK’s housing stock hit £7.39 trillion* in 2019, a new record high. The traditional way into property ownership is to save a large deposit and secure a residential mortgage. In terms of a deposit, ten percent of the purchase price is a typical requirement by mortgage lenders. In London, this often amounts to tens of thousands of pounds. What if you haven’t got a large deposit? Does this mean that you will not be able to invest in property? No, it does not. Keep reading to discover alternative ways to invest in property.

Property Crowdfunding

As the name suggests, property crowdfunding is when many individual investors come together via an online investment platform to purchase a property together. There may be several hundred investors for one property. The amount of money required is significantly lower than if you were trying to purchase the property yourself. A few thousand or in some cases a few hundred will secure your stake in a property and you must commit to specific time period, this could be five years. After that time you are free to exit the investment and liquidate your profits or reinvest into another property.

In the interests of balance I must point out that when you invest in a property via a crowdfunding site like Property Mouse or Property Partner you have little control over your investment once you have committed to it. Also, the reviews of both websites are mixed so my advice would be to do your due diligence before investing. If you live outside of the United Kingdom, there may be similar websites in your country.

Joint Venture Partnership

A Joint Venture partnership in the property market is when two individuals formally agree to work together and create an agreement clarifying each other’s role in the partnership. A person who finds below market value properties and presents them to a property investor could be covered by this sort of agreement. In that scenario the person who finds the properties (property sourcer) requires no funds but will be compensated for each successful property deal they present to the investor. Please note, that sourcing below market value properties for property investors is very competitive work. Be prepared to devote considerable time to it if this is your planned route to property market.

Property investment Funds REIT

Investing in property via a Real Estate Investment Trust (REIT) may be the most comfortable way of investing in property for many who lack a large deposit. A REIT is property investment company listed on the stock exchange. The company manages commercial properties, residential properties or both types for its shareholders. When you invest, you buy shares in the REIT. If the compnay does well you will receive a share of the profits. Please note, the value of your investment can go down as well as up.

These are just three options for investing in property without a large deposit, if you are serious please remember to do your due diligence. Also consider property bonds and property unit trusts.

Next Steps

Are you interested in investing in property? ethical investments? Will your next investment be property related? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

How to get Brand Deals as a Micro Influencer

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

Image credit: pexels.com

*Source – https://www.savills.co.uk/insight-and-opinion/savills-news/294601/uk-housing-stock-now-worth-a-record

How to Make Money From Sponsored Posts

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Next Steps

Are you a website owner? Are you currently making money from sponsored posts? Do you need my help? Let me know in the comments section below.

Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You

Best regards,

Mike

Make Money with the Amazon Influencer Program

This post may contain affiliate links please read our disclosure for more info. This video was first published on my YouTube channel; you can subscribe to my channel here http://bit.ly/1BuKsoM .

Amazon Influencer Program

The Amazon Influencer Program is one of the more straightforward ways of making money online based on Affiliate Marketing. It is a method that would be accurately described as intermediate level rather than beginner. This is because you will need to have built an audience on at least one Social Media platform to be accepted into the Amazon Influencer Program. The full list of requirements is here.

How Does it Work?

The Amazon Influencer Program is an extension of the Amazon Affiliates Program. The Amazon Affiliates Program is virtually open to all; once accepted, into the program, affiliates are able to promote Amazon products via affiliate links and earn a commission when purchases are made within 24 hours of their links being clicked.

The Amazon Influencer Program has two key differences from the Affiliates Program. First of all, you need to meet more stringent criteria before you are accepted, you must have a Social Media audience. Secondly, instead of promoting lots of different affiliate links Amazon gives you your own Amazon Shop Page to send your audience to.

Purchases that follow clicks on your dedicated Influencer page earn you commissions ranging from 1-10% dependent on the product category.

In the video, I demonstrate my Amazon Shop Page and explain how to take the opportunity presented to you by Amazon.

Next Steps

Does the idea of having a Amazon Influencer page appeal to you? Are you already part of the Amazon Affiliates Program? Let me know in the comments section below. Also, get in touch if you would like my help. My email address is mike@learnmoney.io

If you have enjoyed this post you will also like the following posts:

Making Sense of Affiliate Marketing Course – Review

Coinbase Earn: Earn Free Cryptocurrency

Credit Cards: How to Make Balance Transfers Work For You