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Do You Have a Bitcoin Investment Plan? Find Out Why We Choose Investing vs Trading Cryptocurrencies!

why I favor investing in cryptocurrencies versus trading Do you have a Bitcoin investment plan? Today I wanted to talk to you guys about an interesting topic and once you see a ton of stuff on which is should I invest or should I trade so why I favour investing over trading and crypto currencies while both are effective strategies both can be successful or not be successful both take some time one generally taking much more than the other why I favour investing for me is because I have a lifestyle outside of cryptocurrencies and what I see as far as investing from a from the block Capitol insider value investing platform and how we base our decisions we do a lot of research from the very beginning we figure out the different types of cryptocurrency is what they are what they bring to market the we utilizing the three key aspects to cryptocurrencies which you can find in the link below if you're interested in that and then we make a decision and we we set up goals for our money and how we're going to go about it how we're going to invest whether it's a lump sum or dollar cost averaging or many of the different strategies that we use and then once that set in place we're pretty much done the hard work is over and we just checked back continue to look continuing to analyze slightly is it a profitable investment is it still working out is the company going in the right direction and those type of things now with trading you're looking at at least from what I've done and from what I understand now again I'm not a professional trader but from what I've done and I have made money trading and it's you know it's great it's good you can you know put a few hundred bucks in or you know whatever you're you're risking and you know double that or you know gain ten twenty percent in a day or fifteen percent we're investing you're looking at you generally a longer time trend but as we've seen with cryptocurrency is that investment is you know doubling much much quicker than regular investments but we're treating you have a lot of constant time that you're spending into it you know you can't it's a lot more difficult to have a trade that's open what they say and be away from your computer go on a camping trip for three days you know that's going to be very very difficult for anyone who's a fairly serious trader to do and that's why you see one of the best times to daughter cost average is Friday evening and why is that you ask well because that's what all the traders have bought out for the week they want to take off for the weekend at least that's for sure in the regular market and cryptocurrency is a little bit less just because it is never shuts off market slope or 24/7 but you still see that as far as a Friday kind of pullback period so that's one thing and that's my biggest why I invest I have an outside in some income core excuse me I have an outside income in which I take a portion of that and I invested in the cryptocurrencies I'm not looking for cryptocurrencies to be my main source of income now would that be great absolutely and then I am i turning anyone off from training no not all if you guys think that that lifestyle is for you then please go ahead get after it I encourage anyone to try you know if you if you think you want that lifestyle then go for it but from my experience from what I've done I honestly I like being able to go out at night I like being able to relax I like being able to have a good time go on vacation for a week and again it's because I do have that outside income and if you don't pay maybe trainings for you but if you're looking to take something takes up take some of your income that you generate from another area and invest a certain portion of it like we had what we had Mark Cuban's say 10% that's the mr Shark Tank himself said invest 10% if you're younger in a risky asset such as Bitcoin or other crypto Francie's I think that's pretty powerful stuff there guys so investing is definitely the route I choose and it's the route that we explain in much further detail in our value investing in cryptocurrency course at the block capital insider

com platform so if you guys are interested in that check out the link below give it a look send us your email you'll also get access to our first BCI report as well as our glossary of terms which I can tell you is the best most comprehensive glossary of terms on the blockchain technology on the entire Internet I can tell you that for a fact so if you guys enjoyed this video please like and subscribe thanks for listening guys we wouldn't be here without you don't forget to comment I love reading your guys's comments below so please thanks again guys take care till next time

Source: Youtube

Is Bitcoin Just About Money? Find Out the Benefits of Blockchain and How They’ll Improve Our Lives!

VIDEO: Benefits of blockchain hi guys Nick here my friend Eric guys today we're going to talk about the utilization of blockchain in the news today there's a lot of talk about Bitcoin and other currency applications for blockchain but what a lot of people don't realize is there is some really really really big up-and-coming applications through the utilization of blockchain that people aren't really talking about or listening to so today we're going to cover some of those topics so listen up smart contracts are a huge utility of blockchain technology today and even more so into the future what smart contracts allow us to do is create a contract similar to a normal contract that you would sign today say for a law contract between two individuals we have a certain set of rules that are written out and you agree upon them with your signatures and this is done using black chain technology digitally so the advances of that are going to be one it's cheaper to transact than paying lawyers or say – it's also much more secure because it's decentralized software applications in blockchain technology are gonna be completely decentralized in Spain unencrypted in the blockchain itself this will go from video games Google to let's say service exchanges in Google for any kind of let's say a platform for social media any kind of digital and software development is going to be encrypted in the blockchain decentralizing file storage has obvious benefits by distributing data throughout the network it protects files from getting hacked or lost blockchain technology guys is gonna revolutionize the insurance market tricky aspect to pay attention first cheaper second less intermediate on third security each policy is going to be a smart contract encrypted inside the blockchain technology the use of crowdfunding in blockchain technology has raised over 1 billion dollars in 2017 alone outpacing venture capitalists this year look for crowdfunding and blockchain technology to be a big player in the future to come identification big utility here passport driver's license IDs this information will be encrypted in the layer of the blockchain and you will be able to access from ammo from your computer blockchain opens up the door for direct interaction between parties and it does this by having a peer-to-peer value of transfer thus opening up the door for a truly decentralized network creating a sharing economy are you guys so now that we've discussed the utilities of blockchain technology besides just its use as a currency we hope you understand the full range of utilities that blockchain can envelop and into the future we will only see more and more utilities come into fruition so if you guys are interested in some other topics that we didn't talk about please leave those down below we'll comment on it possibly Eric and I will make a video on it and also if you guys are interested in other things to do with blockchain technology and want to get a little bit more information click the link below and check out our website block capital insider or me and Eric oh and a much more in-depth about blockchain technology its uses and many many more things so thanks guys for coming out today we'll just really appreciate it Eric and I wouldn't be here without you guys we do I just want to say thank you so check back again for our next video