An altcoin, or alternative coin, refers to any cryptocurrency that isn’t Bitcoin, such as Ethereum and Litecoin. The price of Bitcoin has been skyrocketing lately and it’s pulling up many other cryptocurrencies with it.
Why has Bitcoin been rising in price?
One major reason is inflation and the lowering purchasing power of the US dollar. Before the coronavirus hit, the total money supply was $4 trillion as of March 9, 2020. Since then, the total money supply has risen to $6.5 trillion. With more money to spend, the price of Bitcoin rises.
We started the WealthLovers publication in Feb 2021. Our objective is to help people learn about their finances and encourage them to achieve financial freedom no matter where they are in life.
WealthLovers is a brand new publication and is in need of fresh new voices to grow our message
We will review your story and let you know if it…
“If you do not find a way to make money while you sleep, you will work until you die.”
Before learning about these amazing passive income techniques, it’s important to know what the term means.
Passive income is income that provides a cash flow on a regular basis and requires very minimal to no maintenance by the recipient. This is the opposite of active income, which is income received from performing a service.
Most of these income streams will not be easy to start, but the beauty of passive income is that once you put in the initial work, you…
The term collectible refers to an object that’s collected by fanciers such as antiques, autographs, coins, rare books, comic books, stamps, trading cards, and many other items.
These items are fun to collect, but they all have one unfortunate thing in common: they have very little intrinsic value. Baseball cards are just pieces of cardboard, and coins are just little chunks of metal.
That’s not to say that there aren’t people that will spend hundreds of dollars to own that piece of cardboard and those chunks of metal. …
After curating more pieces of art, I noticed that people really enjoyed the content. I found that bigger pages in my niche were getting thousands of likes per post and wondered if I could do the same. So I buckled down and put all my effort into growing this Instagram page.
One year later I had a vast community of Trippy Art enthusiasts who loved the content…
Many people strongly believe that investing in real estate requires a grand amount of money. This is true in some cases, but there are other great alternatives if you just want to get your feet wet.
Real estate is a brilliant investment if you’d like a regular cash flow and it provides many tax benefits as well. If you want to know more about why investing in real estate is beneficial, check out this article:
In this article, I’m going to briefly go over the 4 best ways to invest in real estate. …
Almost everyone knows how lucrative investing in real estate can be. Many billionaires made their money doing just that. With the right properties, investors can achieve consistent cash flow and significant tax advantages.
Whether you want to quit your boring 9–5 job or simply save up for your retirement, investing in real estate can help you achieve your financial goals quickly.
Here are some notable benefits of owning real estate.
Your properties depreciate over time. Many people don’t realize that they can claim depreciation as an expense on their income tax bills. …
Coinbase filed for its IPO with the SEC on Thursday as the cryptocurrency market soars. They announced their plan to go public in December. According to Axios, the company’s valuation is around $100 billion.
Coinbase will list on the Nasdaq as a Class A common stock under the ticker symbol COIN and offer its shares using a direct listing instead of a traditional IPO.
After losing money in 2019, they’ve revealed that their revenue doubled in 2020. The company reports that revenue is very dependent on the Bitcoin market.
In the filing, they noted
“Our net revenue is substantially dependent…
The best way to fulfill your wealth goals is by creating a personal budget. When you’re budgeting your money there’s a lot of things to consider. We spend money on so many things that it's hard to keep track of.
Today I’m going to help you figure out what you’re spending money on and what you need to add to your monthly budget. I intend this to be a tool for creating a budget sheet that is personalized for you. Include each of these categories and pick the expenses that apply to you.
Twitter CEO Jack Dorsey just donated 1 BTC to the nonprofit organization, Brink, to fund and support open source Bitcoin protocol development. Brink revealed this in a tweet on February 23.
Brink’s mission is to strengthen the Bitcoin protocol and network through R&D. Funded entirely by donations, they provide the Bitcoin developer community with education, funding, and mentorship.
News like this follows the continuing trend of billionaire CEOs coming out to support Bitcoin. Earlier this month, Dorsey announced that Twitter is exploring the idea of letting its users receive tips in the form of digital payments from their followers…
If you do not find a way to make money while you sleep, you will work until you die.