Make Money Online, Passive Income, Stock Investments, Cryptocurrenncy
Category: Stocks And CryptoCurrency Information
This Category is about providing information to help people understand Stocks And CrytpoCurrency.
Disclaimer: I am not a Financial Advisor. This Information Is for Entertainment Purposes Only. Please consult your financial advisor or broker for financial or stock advice.
As the leading mainstream cryptocurrency exchange in the United States, Coinbase has become a standard on-ramp for new crypto investors. Coinbase offers a wide variety of products including cryptocurrency investing, an advanced trading platform, custodial accounts for institutions, a wallet for retail investors, and its own U.S. dollar stable-coin.
Coinbase was founded in 2012 and is a fully regulated and licensed cryptocurrency exchange in 40 U.S. states and territories. Coinbase initially only allowed for Bitcoin trading but quickly began adding cryptocurrencies that fit its decentralized criteria.
Its list expanded to include Ethereum, Litecoin, Bitcoin Cash, XRP, and many others with the promise of more as long as its requirements are met.
The main service Coinbase offers is a brokerage service for buying and selling cryptocurrencies. New cryptocurrency users often find themselves buying their first Bitcoin through Coinbase thanks to the company’s reputation, marketing and relatively friendly user interface.
Founded in 2012 by Brian Armstrong and Fred Ehrsam as part of Ycombinator, Coinbase is one of the oldest exchanges around. Coinbase has started out only as a Bitcoin brokerage service (selling Bitcoins directly to customers), but additional services were added along the way. Coinbase is fully regulated and licensed.
Coinbase accepts the following payment methods: Wire transfer (including ACH in the US and SEPA in the EU) Credit cards (new cards aren’t currently accepted) Debit cards Cryptocurrency deposit and withdrawal PayPal (withdrawal only)
Coinbase is a digital currency broker exchange where you can buy and trade Bitcoin and a few other cryptos. It is different from traditional cryptocurrency exchanges because it allows you to buy crypto using fiat currencies.
Coinbase is considered one of the biggest crypto-broker exchanges in the world!
They hold over $20 billion in assets and over $50 billion in cryptohas been traded using its platform since it was founded in San Francisco, California in 2012.
Coinbase actually has two core products; a broker exchange and a professional trading platform named GDAX. However, the two can be used independently from one another.
Bitcoin is a digital currency, it is not printed and never will be. They are held electronically and nobody has control over it either. Their produced by people and businesses, creating the first ever form of money known as cryptocurrency. While normal currencies are seen in the real world, Bitcoin runs through billions of computers all around the world. From Bitcoin in the United States to Bitcoin in India, it has become a global currency. However the biggest distinction it has from other currencies, is that it is decentralized. This means that no specific company or bank owns it.
Bitcoins have become a very well known and popular form of currency over time. Though, what exactly is Bitcoin? The following article will go over the in’s and out’s of this currency that popped up out of no where and spread like a wildfire. What makes it different from normal currencies?
Who prints it?
As mentioned earlier, the simple answer is nobody. Bitcoin is not a printed currency, it is a digital one. You can even make transactions online using Bitcoins. So you can’t churn out unlimited Bitcoins? Absolutely not, Bitcoin is designed to never “mine” more than 21 million Bitcoins into the world at one time. Though they can be broken up into smaller amounts. One hundred millionth of a Bitcoin is called a “Satoshi”, after its creator.
Who created it?
Satoshi Nakamoto, a software developer, proposed and created Bitcoin. He saw it as a chance to have a new currency on the market free from central authority.
What are Bitcoin’s characteristics?
1. As mentioned earlier, it is decentralized. It is not owned by any specific company or bank. Every software that mines the Bitcoins make up a network, and they work together. The theory was, and it worked, that if one network goes down, the money still flows.
2. It’s easy to set up. You can set up a Bitcoin account in seconds, unlike the big banks.
3. It’s anonymous, at least the part that your Bitcoin addresses are not linked to any sort of personal information.
4. It’s completely transparent, all of the transactions using Bitcoins are shown on a large chart, known as the blockchain, but nobody knows it’s you as no names are connected to it.
5. Transaction fees are minuscule, and compared to a bank’s fees, the rare and small fees Bitcoin charges are close to nothing. It’s fast, very fast. Anywhere you send money too, it generally will arrive in minutes after processing.g. It’s non-repudiable, meaning once you send your Bitcoins away, they’re gone forever.
What is Bitcoin based on?
For appearances mostly and conventional use, Bitcoin is based on gold and silver. However, the truth is that Bitcoin is actually based on pure mathematics. It has nothing to hide either as it’s an open source. So anyone can look into it to see if it’s running the way they claim.
Bitcoin has vastly changed the world and how we see money. Many people are left wondering if it’s possible to live off of Bitcoins. Some have even tried to do so. Even so, Bitcoin is a part of our economy now, a unique kind of currency, and it isn’t going to go away anytime soon.
Have you ever wondered why investors behave the way they do? For example, why do people invest in bonds or stocks or not at all? Since I am an advocate of stock investing, let me make the case for stock investing.
When we invest in stocks, we would want a return in excess of 4.7%. How much more? That varies within individuals. Some wants a 5% return. Others are satisfied with 6% return. Personally, I would want at least 7% return for my stock investment. There are reasons for this. Stock investing is relatively volatile and full of uncertainty. Interest rate goes up and down which will hamper our return as stock investors. For example if interest rate rises to 8%, would aiming a 7% return for your stock investment worth the risk? Probably not. In this case, most people prefer to put their money in the bank and enjoy the higher return.
Having said that, we need to know how much stocks have given investors historically. For the US stock market, the return for the last century has been in the neighborhood of 10%. That, my friend, is the sole reason to invest in stocks. Not because you want to own a piece of corporate America. You invest in stocks because historically it gives you a better return that other investing alternatives. No other investments boast that high of a return over the last century, not even real estate.
A stock market works on the basic principles of demand and supply. The key players are the buyers and sellers who determine prices through their trading behavior and the brokers who facilitate stock trades. Understanding how a stock market works is the first step to understanding how to invest in the market for financial gain.
Understanding the stock market can be pretty daunting for a beginner. But to understand how it works you must try and understand the mechanics behind the market.
How Does the Stock Market Work to Determine Stock Prices?
Prices are representative of demand and supply. High stock demand combined with low supply pushes prices up while a low demand combined with high supply makes prices go down.
What are Stocks?
A stock, also known by the terms share and equity, represents ownership in a company. When companies want to expand their business and require capital to do so, they often turn to putting up parts of the company for sale to the public and asking them to buy a “share” of the company. Thus all the people who hold shares in a company, collectively the shareholders, are part owners and receive a percentage of the company’s earnings in the form of dividends. Therefore, stock is an investment tool for the shareholders and a financing tool for the company.
What are Stock Quotes?
If you open the newspaper to the financial pages or check out any of the numerous online finance websites, chances are that one of the first things you’ll see is a table with many alpha-numerical values in columns and rows. This is a stock table. The stock table gives the following information: name of company, 3 letter ticker symbol of company, the highest and lowest price of that stock in the past week (or any other time frame), the dividend paid out, the stock’s yield calculated as a percentage of dividends per year divided by dividends per share, the closing share price, and the net change in the dollar price of the share (whether positive or negative – where positive is denoted with a green up arrow and a negative with a downward red arrow)
Perhaps the most important question is how to determine whether the price of a particular stock will go up or down. Understanding how the stock market works will help you to determine the stock’s price trends and place you in a better position to make your fortune on the stock market
How Does the Stock Market Work Like an Auction House?
The market works like an auction house since shares are sold to the highest bidder. Buyers place bids on shares and sellers sell the shares around the current share price. The stock is sold to the highest bidder. The price of share is determined by the fluctuations between demand and supply. Generally, a company that is doing well economically will see a higher demand for its shares than a company in financial trouble. The same can be said of the economy: a recessionary economy will see lower demand while a healthy booming economy will see a high demand for investment.
Stock Trading Basics
Stocks are traded on the stock exchange (also called the stock market). This is place where brokers facilitate orders from buyers and sellers.
Today stocks are also traded electronically, so the movements of the stock, while not visible physically, can still be tracked digitally. Many people find it easier to invest in and monitor their stock portfolio through the internet since it is updated in real time.
It is important to note here that although a company directly releases its first stock to the public through an IPO (Initial Public Offering), the stock traded on the stock exchange has no direct involvement of the company and is merely a transaction between the buyer and seller.
A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation’s assets and profits equal to how much stock they own. Units of stock are called “shares.”
Stocks are bought and sold predominantly on stock exchanges, though there can be private sales as well, and are the foundation of many individual investors’ portfolios. These transactions have to conform to government regulations which are meant to protect investors from fraudulent practices.
The Wikipedia definition for “stock market” is as follows: A stock market or equity market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.
Now that the stock exchange market definition has been discussed, we will move onto to some popular topics an investor starting out should know prior to starting their investing career:
* Becoming an avid reader of a quality investing news and information source is vital to your success as a new stock exchange investor. There is a lot to learn about the stock exchange market and investing in stocks and a quality stock market information source will help you tremendously. Learn all you can about the investing before you begin trading stocks and risking your very own cash.
* Identify your investing objective. What are you realistic investment goals for your future? Create a game plan or action plan for your investing strategy and stick to it. Many beginners in the stock exchange market tend to think of making quick money and short-term investments. While this is a pleasant thought, in reality, there are a lot of beginners that lose money and never get in the profit. A long-term strategy is often a better choice for stock exchange beginners, but this is not always the case. What works for one investor may not work for another, and vice versa.
* Determine what kind of investment trader you will be. Do you want to be a day trader? Maybe you want to scalp shares, buy and hold stocks long-term, or swing trade. Whatever you decide here will lead you down the path of learning how to trade shares using your chosen investment style.
* Using stock exchange market tracking software and software for personal money management is strongly advised for any and all stock exchange investors. This helps keep things in order and avoid any confusion with personal finances.