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Archives for June 2021

Unreal Tips For New Crypto Investors From Top Executive Ryan Dean Hoggan

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Cryptocurrency has been around for a while now. And social media has made investing in the crypto market look very lucrative. Some even see it as a quick means to get rich quickly. As a result of this, people fall into scams and buy coins or currencies that are not lucrative.

Before Bitcoin made a splash in the financial world in 2009, it caught the interest of the IT and banking sectors. It took time for people to become concerned until the cost skyrocketed to $19,783 in 2017.

This may be the highest point of cryptocurrency speculation and suddenly everyone wanted to be a part of it. Other cryptocurrencies like Ethereum, Ripple, Litecoin, have developed in the digital domain to act as competitors since the start of crypto.

Ryan Hoggan, an experienced entrepreneur, business executive and venture capitalist has shared tips and tricks that new crypto investors and traders will find very useful in order to minimize losses.

Always look for information from reliable news sources

Due to their popularity, cryptocurrencies will always be subject to various points of view. These points of view are from people who own them and those who do not know jack about the market.

A lot of people believe that crypto is merely a passing trend, and those who participate will only suffer. However, this is not necessarily true.

One of the most important factors in being a good investor or cryptocurrency owner is to just focus on the facts. Do not pay attention to just mere opinions from just anybody.

An exchange rather than a broker should be used

You will save money on fees and commissions because of this. When used correctly, most exchanges are simple enough for even novices to operate.

Also, don’t forget to look at what kind of commissions and fees you’re agreeing to when you join an exchange. This is very imperative to know what you are getting your money into. It’s surely less risky and much cheaper that way.

Decide on the currency you want to hold and have a diversified crypto portfolio

Bearing in mind the extreme volatility in the cryptocurrency market, only allocate a small percentage of your portfolio to cryptocurrencies. Before deciding how much of your portfolio you want to invest in cryptocurrencies, you must determine beforehand how much of your portfolio you are willing to risk.

Invest in other alternative cryptocurrencies

Bitcoin is one part of the cryptocurrencies available to the general public, but there are plenty of other options as well. Don’t put all your eggs in one basket.

You can wind up winning or losing depending on what happens. Make sure you have done your homework and identified the cryptocurrencies that are prospering at the moment, as well as the ones that may be of service to you.

You are completely in charge of what you’ll spend your cryptocurrency for, so pick your assets carefully.

Related: Expert Entrepreneur Ryan Dean Hoggan On Why NFTs Could Be The Big Investment That Pay Off
From my experience in entrepreneurship, especially in real estate, I know that sometimes the activities of intermediaries can be problematic. This is another beauty of NFT. Continue Reading…

Know that things will be volatile.

Cryptocurrency is still not as stable as other currencies and other types of investments such as real estate. Price fluctuations over the months and even years have proved this.

You must be flexible in your choices and make thoughtful judgments with regard to the quantity of assets you already have.

Virtual currencies may seem to be difficult to trade and trade well, but even the most experienced cryptocurrency traders and owners have difficulty keeping up with the price changes.

Related: 7 of the Best Cryptocurrencies to Invest in Now
The best cryptocurrency to buy depends on your familiarity with digital assets and risk tolerance. Continue Reading…

 

3 Ways To Help Your Money Go Further When Buying A New Home To Move Into

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Buying a home and moving into that new home can get very expensive very quickly. And if you’ve spent years and years saving up for this moment or investing in your previous home, you’re going to want to ensure that the money you’re dishing out is well spent. But while the price tag for a home and moving costs can get very big very fast, there are decisions you can make to ensure that your money goes as far as it can.

To help you see how this can be done, here are three ways to help your money go further when buying a new home to move into.

Buy A Home That Won’t Need Repairs

Unless you were already planning on buying a fixer upper, the last thing you want to have to do after spending a fortune on a home is to then have to turn around and start putting even more money into it through repairs.

Knowing this, it’s wise to do your due diligence in finding a home that won’t need any repairs, at least in the near future. As part of your own inspection or the professional home inspection you get, make sure you check to see that the foundation of the structure is solid, that the major fixtures of the home have been well taken care of and maintained, that the roof is in good shape, and that there have been no underlying issues with leaking water, mold, pests, and the like.

Move On Less Competitive Days

Once you’ve found the home that you’re going to be moving into, it’s time to start packing up your stuff and planning for the actual move.

To help your dollar go a lot further all throughout this process, you should do your best to make your move happen on less competitive days. Generally, less competitive days will take place during the week and in the middle of the month. Since most people move on the weekends or at the very end and beginning of the month, those days are going to have more expensive moving costs all across the board.

Find Ways To Make The Home More Energy Efficient

After you’ve gotten into your new home, you can continue to make your money stretch even further by ensuring that your new place is as energy efficient as possible. Some great ways you can do this include bringing in some added insulation to the attic or crawl space, turning down the temperature on the water heater, insulating any exposed plumbing pipes, changing out the air filters, filling in any cracks or holes that lead outside, and swapping out any incandescent light bulbs for LEDs.

If you’re wanting to make sure that you get your money’s worth and don’t overspend when purchasing a new home and moving into it, consider using the tips mentioned above to accomplish this.

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