Tag: cryptocurrencies

Credit Cards: How to Make Balance Transfers Work For You

What is the Bitcoin Halving? Why is it Important?

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

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

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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

Should Avalanche (AVAX) be in your Portfolio?

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

Avalanche

Avalanche 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 Avalanche? ? Which blockchain or blockchains does Avalanche use? Why has Avalanche been called an Ethereum killer?

What is my investment verdict?

After you have watched the video, please let me know your thoughts about Avalanche 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 Avalanche ? 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

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 Cardano (ADA) be in your Portfolio?

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

Cardano

Cardano (ADA) is a top ten 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 Cardano? Which blockchain does Cardano use? Why has Cardano been called an Ethereum killer?

What is my investment verdict?

After you have watched the video, please let me know your thoughts about Cardano 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 Cardano? 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

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 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

Buy Bitcoin

When I talk with people new to the cryptocurrency space one of the first questions they ask is, Is it too late to buy Bitcoin? We have all seen news footage of the Cryptocurrency ‘Early Adopters’ who bought hundreds of bitcoins for twenty dollars and now have millions of dollars. In this video, I answer that question and give my rationale. At this point, it is customary for me to remind you that I am not a financial adviser and this is not financial advice.

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:

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Making Sense of Affiliate Marketing Course – Review

Credit Cards: How to Make Balance Transfers Work For You