Category: Mindset

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

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:

What is the Bitcoin Halving? Why is it Important?

Credit Cards: How to Make Balance Transfers Work For You

What is the Bitcoin Halving? Why is it Important?

Best regards,

Mike

Who was the Welsh guy who threw away $200 million 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

$200 million of Bitcoin

This is the story of James Howells, a Welsh guy and IT specialist from Newport who accidentally threw away a computer hard drive containing 7500 Bitcoins or $200 million of Bitcoin in today’s market. In many ways James was a pioneer, he was one of the first people in Britain to mine Bitcoin using a computer and that is how he amassed 7500 Bitcoins.

In 2013 James accidentally threw away his hard drive, there’s actually more to the story than that as I reveal in the video. Please watch the video to discover the full story and the efforts that James has made to retrieve his hard drive.

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

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

Best regards,

Mike

Is crypto a Hedge against Inflation?

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

Inflation

Inflation is the rate at which the purchasing power of the money you hold decreases over time. In this context a hedge is a protection against or a way to avoid the impact of inflation on your money.

In this video, I explain the effects of inflation on the money that you hold and assess the levels of interest being offered to savers by banks and building societies in the UK. I then compare these interest rates with possible returns from investing in Crypto assets and give my opinion about whether Crypto is a hedge against inflation. This does not constitute financial advice.

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? 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

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

What is the problem with DeFi?

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

DeFi = Decentralised Finance

DeFi is an abbreviation for Decentralised Finance. As a retail investor you may be attracted to some of the amazing investment returns on offer in the DeFi space. However, it is very important to remember that DeFi is totally unregulated and many projects are run by teams who are anonymous. In this video, I discuss some of the problems with DeFi.

After you have watched the video, please let me know your thoughts about the DeFi space 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

Are you invested in any projects in the DeFi space? 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

You can also earn interest on the Crypto you hold from BlockFi.

Visit https://blockfi.com/mikepitt to get started.

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

Is it too late to buy Ethereum (ETH)?

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

Buy Ethereum

Ethereum is the second largest Crypto asset by market cap size. In this video, I assess whether it is too late to invest in Ethereum. When I started investing in Crypto in 2017/18, Ethereum was only $2-300 dollars. Clearly there has been significant growth since then but it has not been all plain sailing. You have to get used to Bearish as well as Bullish markets in Crypto and in

After you have watched the video, please let me know your thoughts on Ethereum 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 bought any ETH yet? 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

You can also earn interest on the Crypto you hold from BlockFi.

Visit https://blockfi.com/mikepitt to get started.

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 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:

How to get paid Referring Friends for Jobs

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