What Is Bitcoin and the Blockchain and Why It Is Important to Invest Now

There is increasingly growing interest and buzz around bitcoin these days. You may have heard of it before or not. Either way, it is a multi-trillion-dollar financial industry that is practically flying under the radar of most people (only about 2% of the population is even aware of its existence), which makes it a prime time to get positioned before it hits the mainstream. And the time is now because cryptocurrency awareness is going viral. Even some universities are teaching classes on bitcoin, cryptocurrency and blockchain technology!

What is Bitcoin Exactly?

Bitcoin is a digital currency (or digital money), that is electronically held, which means it is not tangible like fiat currency (dollars, euros, yen, etc.). It was created cryptographically, and then it is a cryptocurrency. It runs on open-source software and it is not controlled by entities. It is decentralized and not governed by banks or government.

What is the Blockchain?

Blockchain technology is where bitcoin and other cryptocurrency exist. The blockchain is also used for other applications other cryptocurrency, such as running smart contracts, for example. In a nutshell, the blockchain is a digital ledger that is decentralized. It stores records of all transactions that occur within it and is run by a peer-to-peer network. This means that individuals and businesses use it to transfer digital assets to each other via the Internet with no third party (ie, banks, governments) needed.

The Importance Blockchain Technology and Investing in It

From a business perspective, blockchain technology can improve business processes and significantly lower costs. It will also allow businesses to offer more benefits of service to customers. For instance, financial institutions could use blockchain technology to improve processes for things such as settlements and insurance.

From an individual perspective, blockchain technology offers opportunities for significant high returns on cryptocurrency investment as compared to traditional investments.

Blochchain technology and cryptocurrency are quickly providing to be an inevitable part of the future of money and finances in the global economy. It is something that will soon become mainstream in the world financial market, and those who invest early as early adopters of this amazing innovative technology will be among the newest millionaires in the coming years and beyond.

We are in the third big wave of the Internet. The first being websites and domain names (dotcom boom), the second being social media (dating sites, Twitter, Facebook, YouTube, etc.), and the third blockchain technology, bitcoin and other cryptocurrency. It's a great time to get positioned.



Source by M. Malone

How to Make a Profit With Binary Options

Investing money into anything is a risky business and Binary Options are not really much different in risk terms. Although they are a much simpler investment and you do not have to tie up huge amounts of money for long periods of time you still have to know what you are doing.

The first tip for anyone looking to make money is "Know your market". If you are planning on going into Binary Options to make some money then do your research. Look at the current market trends before you decide what you are going to invest in. If you want to trade in currencies, make sure you study currency trends; the same goes for liquid assets such as oil and any other type of investment you want to make.

Once you have decided on your particular trade all you really have to decide is whether you think the price will go up or down before it expires. It really is as simple as that. And, if you predict correctly you can make up to 100% profit on your initial stake. If you want to go a bit further and increase your profits further you can try to predict how much your trade will go up or down by. You can make up to 500% profit on this system. All you stand to lose is your initial investment so never invest more than you can comfortably afford to lose.

You could employ a Binary Options Broker. You can gain a higher percentage of profit if you go it alone but by employing a Broker you can increase your success rate, thereby increasing your profit, a lot quicker than by trading yourself. Many have pay-outs of around 75% and there are some who will pay out 15% of your stake if you end "out of the money".

The best and quickest way to make money with Binary Options is short term trading. Trading options run from one hour up to one year. The best option for a greater profit margin is to pick hourly options. If you lose you can easily move on to another option, if you gain it's a quick process and you can easily make a huge profit with just a few hours trading per day. It also means you are no tying up your capital for long periods of time.

Another way to increase your chances of profiting from Binary Options is to read the news. All trades are reliant on external factors. By keeping up with the news, current affairs and watching the financial markets you will be better armed in making a decision on which trade or commodity to invest in. If you have already picked a specific company, be aware that their stock prices will probably rise when they release a new product on to the market. That is a good time to invest on an almost certain bet.

Whichever option you go for just keep in mind that you are taking a risk. Investing in Binary Options is almost akin to gambling in a casino. It is possible to make vast sums of money – it is also possible to lose it.



Source by Vernon L Lees