Cryptocurrency & Coins: Function, History and Future

No investment advice or purchase recommendation!

All information provided here does not constitute investment advice or a recommendation to buy. All statements are my general published opinion. I have obtained the information from my experience as a private investor. This experience report cannot and is not intended to replace personal investment advice from professionals.

Since March (11 months), the gains have been extreme:

• BitCoin (BTC) 453.9%
• Ethereum (ETH) 376.2%
• Binary Coin (BNB) with 428.5%

The view becomes even more blatant if you double the period round about again, to 24 months. If you had invested 2 years ago, you would make + 1,000% profit today. 24 months ago, the price stood at exactly $5,000, with which you could have bought 1 Bitcoin. Today, you would immediately get $54,000 for it, + $49,000 profit.

Coin (BTC) price in the course: What if?

What if you had invested in 2013? At that time, the price was still around $120 in October. Half a year later, Bitcoin was at $140 and at the end of 2013, in December, Bitcoin reached the $1,000 mark for the first time. Initially, the Bitcoin was at a few cents for a long time.

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Development of the cryptocurrency

Many still think very critically about cryptocurrency, especially those who have not yet had their own, long-term experience. Many customers I have conversations with also view cryptocurrency critically. They prefer to invest in stocks, index funds, art.

Don’t invest in cryptocurrency! Risky, dangerous… really?

But anyone who has been interested in the subject from an early age has experienced the unstoppable triumph of digital currencies, or cryptocurrencies, for themselves. From the first “have you ever heard of bitcoin?”, to “wow, bitcoin is at $100”, to today’s “unbelievable, $45,000”. What’s next? Many are already speculating on the next target, the:

100.000 $ Bitcoin exchange rate

For more than 10 years, we have been hearing “risk, dangerous…”, but history shows that digital currency is becoming increasingly established. Not only in the minds of people, but also in business (see payment method Paypal, Tesla) and also in governments, which are testing the first digital currency models.

Honestly – While in the beginning you thought every week it will be over soon, it turned into months and years. Now cryptocurrency, especially for the new generation, is often more present than classic financial investments. Today, there is no longer just bitcoin and few other alternatives but a whole pool of cryptocurrencies. Software companies, banks, governments, everyone is now talking about digital currency. Business giants like Paypal and Tesla accept them as a means of payment.

Are we only at the beginning of the digital age?

Economics is psychology. Just like digital currencies

Those who were there have now experienced an entire decade, i.e. 10 years. Bitcoin went “online” in 2009.

So if you’re 30 years old or younger, you’ve known digital currencies for half your life. Anyone born after 2000 has never known the world differently.

In fact, after more than 10 years, a psychological stability is emerging. People trust the digital currency

Critics and first movers: Isn’t the stock market always risky?

Cinema used to be demonized, as were television and the Internet. New things cause fear – and opportunities for those who are brave (Frist Mover).

Critics say: Too much risk, too much fluctuation. But isn’t it always like that when you think of shares? Of course, shares are something else, there is a concrete countervalue behind you (brand, products, inventory, etc.). But fluctuations are quite normal on the stock exchange, at the latest with leverage products. If you only have a short-term view, you will naturally only see something up and down. Those who think in the long term can build up their assets.

Therefore, I want with this small special, not only a look at the development of the large, well-known cryptocurrencies such as Bitcoin, Litecoin, Ethereum & Co. overturn, but also on new alternatives.

Cryptocurrency quickly explained

Never heard of the structure behind cryptocurrency?

Here once briefly, very simply explained, how the concept cryptocurrency works. Normal currencies, so-called FIAT currencies, such as the euro or on the US dollar are determined by the individual central banks. That is, individual bodies, people decide what happens.

Cryptocurrencies and coins, on the other hand, are determined only by supply and demand. Bitcoin, like other cryptocurrencies, is therefore free from government supervision and is determined only by the market (supply/demand).

Anyone who was involved with cryptocurrency just five years ago would have noticed next to nothing about it in the media. In the meantime, it is standard that banks, auditors, but also governments present more and more papers and strategies, some countries even explore the active use of cryptocurrency in their own financial system.

Blockchain: “Linked data packets”

Cryptocurrency itself is, simply put, a coded chain of data. The so-called blockchain.

How does cryptocurrency work?

Everything is set up as a P2P network (peer-to-peer). Data is therefore stored in a decentralized manner. All data blocks are linked to that of the predecessor. Within this distributed database, all transactions are actually known!

So the whole thing is a network where cryptography-signed messages are published – technical term: blockchain. You want to take a look at these transactions? Here you can see live how individual trades sometimes sell up to 100 Bitcoins and how sums in the millions go over the table:

• Bitcoin transactions – live on blockchain.com
• Ethereum transactions – live on blockchain.com

Trading volumes rise and rise: Digital currencies

Just this week, the news has rolled over, after PayPal has already announced that it wants to accept Bitcoin as a means of payment, Tesla has also produced big news this week. On the one hand, Bitcoin is to be accepted as a means of payment, and on the other hand, Tesla itself has invested 1.5 billion dollars in Bitcoin. Tesla probably made more money from the subsequent jump in the share price than from all electric cars (link for to article “Tesla killer” Nio) combined. The price spoke after the announcement by about $20,000 upwards, almost 100% of the market value.

Bitcoin is the most recognized digital currency after its first decade. Besides Bitcoin, there are a few other representatives that have been around longer. These include Ethereum, Litecoin and Bitcoin Cash.

Today new coins are coming after, interesting as an investment?

Coins under $5: Bitcoin Alternatives

Now before we get to evaluating the rates, here’s a look at an investment strategy that is emerging as digital currencies become more diversified. Why do I find coins under $5 so interesting? Question 1: Short-term development +/- 6 months:

• A) What is the probability that bitcoin will double in the next few months? So from currently ~ $45,000 to $90,000
• B) What is the probability that new coins, for under $5 will double in the same time period?

Read more about this and 2 other crypto trading strategies here.

Interesting at the moment are coins like

• Ripple (XRP) ~ $0.58
• Cardano (ADA) ~ $0.90
• IOTA (MIOTA) ~ $1.23
• Stellar (XLM) ~ $0.55
• EOS ~ $4.70
• TROM (TRX) ~ $0.05
• Tezos (XTZ) ~ $4.74

Still skeptical? What if… 24 months investment

In my new article I have opened an example calculation, which I also wanted to show quickly here. The assumption:

What if you had invested in bitcoin 2 years ago?

Imagine you bought bitcoins a few years ago for €5,000. Today, the price is $53,000. If you sold it today, you would have $265,000 in your pocket. That’s a whole $260,000 profit. Even after deducting the capital gains tax (profits from capital transactions must always be taxed in Germany) of 25%, you are left with $165,000 net profit, even after taxation. If you haven’t paid any capital gains tax yet, it will only be due when you close your year, so not directly when you sell the cryptos.

Example calculation: 24 months Bitcoin – 5,300 % profit

If you had invested today, exactly 2 years ago, you would have made 5,300% profit now

Profit in a few years:

• Buy for $5,000 at $1,000/ 5 bitcoins
• Current price $53,000 * 5 coins = $265,000 value
• Profit: $260,000
• Profit (after tax): $195,000

PS: As I write this article, the price has already risen above $54,000. Directly an update:

Profit in a few years:

• Buy for $5,000 at $1,000/ 5 bitcoins
• Current price $54,000 * 5 coins = $270,000 value
• Profit: $265,000
• Profit (after tax): $198,750

So during the article, my profit would have increased again by +$5,000.

Even 24 months ago, you would have made + 1,000%. Here, the price stood at exactly $5,000, with which you could have bought 1 Bitcoin. Today, you would immediately get $54,000 for it, + $49,000 profit.

Courses in the pandemic: analysis and evaluation

Here is a look at a few courses as examples. Did you know? There are now over 1,400 digital currencies. However, only a fraction have trading volumes over $1,000/day. These ones move hundreds of millions:

BitCoin (BTC)

Ethereum, ETH, Bitcoin, BTC, EOS, comparison, analysis, Covid-19, Corona, pandemic, currency trading, forex trading, cryptocurrency, coin, digital currency, price gains, rate, price history – an overview.

Price high immediately before / after Corona:

• Price high (beginning of 2020): 10,200
• Price high (beginning of 2021): 46,300
• Difference: +36,100
• Price level: 453.9%
• More about: Bitcoin

BitCoin (BTC) / USD

BitCoin (BTC) / EUR

Ethereum (ETH)

Price high immediately before / after Corona:

• Price high (early 2020): 311
• Price high (beginning of 2021): 1170
• Difference: +859
• Price level: 376.2%
• More about: Ethereum

Ethereum (ETH) / USD

Ethereum (ETH) / EUR

Binary Coin (BNB)

Price high immediately before / after Corona:

• Price high (beginning of 2020): 28
• Price high (beginning of 2021): 120
• Difference: +92
• Price level: 428.5

Binary Coin (BNB) / USD

Binary Coin (BNB) / EUR

EOS

Price high immediately before / after Corona:

• Price high (beginning of 2020): 5.4
• Price high (beginning of 2021): 4.3
• Difference: -0.9
• Price level: 79.6

EOS / USD

EOS / EUR

Trading: Reading Tips

1. Trading App: Recommendation
2. Trading strategies
3. Cryptocurrencies: List

Trading App: Recommendation

eToro App – Trade stocks, ETF, cryptocurrency, in my blog you have already learned a lot about trading. Lots of questions of course: which app do you trade with, what do I recommend? So today I want to share with you my favorite trading app, eToro. 29.88% asset growth in 12 months, with low risk through “Copy People” and “Copy Portfolios” or up to 127.35% through active trading and trading strategies. Learn about the app, fees and more here step by step.

• Trading App

Trading strategies

Whether it’s crytocurrency, currency trading, stocks, commodities or precious metals, these 3 strategies will help you understand the basic stock market game. I developed these 3 strategies to help beginners and novices understand the mechanics in a nutshell. Since I grew up with Bitcoin rather than stocks, here in particular a strong reference to digital currencies. But the mechanisms or strategies are the same for these 5 investment types: crytocurrency, currency trading, stocks, commodities or precious metals. I would exclude ETFs and index funds, as the risks and price fluctuations are significantly lower here.

• Trading strategies

Cryptocurrencies: List

BitCoin, BitCoin Cash, Ethereum, Litecoin, Dash, Ripple, Zcash or Binarcy Coin: They are considered the answer to traditional means of payment. Through the digitalization and decentralization of money, banks become superfluous. Only buyers and sellers are responsible for the control and security of their digital money. You want to invest in Bitcoin & Co. too? We have an overview of the most popular cryptocurrencies here.

• Cryptocurrencies: List

NFT: Digital Art / Crypto Art

Digital art, a new phenomenon. Here you’ll learn everything: What is an NFT? How do you buy NFTs? What marketplaces are there and how is the art market developing for investors. Meanwhile, higher prices are being achieved in the digital art market than in the physical one. Collections like “CryptoPunks” , “Bored Ape Yacht Club” are just two of the most famous works of digital art. The work “5,000 Days” made the artist overnight the 3rd richest living artist (sold at the price of $69 million at Christies). Buy, sell, collections and picture frames of digital art.

• Digital Art / NFT

Der Beitrag Cryptocurrency future: course + forecast for bitcoin, ethereum & coin alternatives erschien zuerst auf ℄ Real Estates.

Important criteria for the sale of a house

A successful house sale depends on various criteria, which can be very different for each individual. A very well equipped house, which is offered virtually turnkey, can sell worse than a property in need of renovation, which convinces with a very beautiful property or a particularly favorable price. When selling a house and property, supply and demand always count.

The exposé is a way to present the advantages, but also necessary investment. When preparing it, we do not limit ourselves to describing the size of the house and garden. We give the prospective buyers information about the outside facilities, the condition of the roof, heating and interior fittings, but also about the residential health and the possibilities of planning and financing. If you put your property up for sale to us, we will be happy to see it for ourselves on site. The impression we get of the property is an important basis for the preparation of a transparent exposé.

Worth knowing from A for outdoor facilities to W for healthy living

If you are considering selling your property, there are a few aspects that are important to consider.

Outdoor facilities: What you need to consider for the front garden, terrace and garden

Many buyers who want to purchase a house with land attach importance to a beautiful design of the outdoor facilities. If you offer a property for sale with attractive outdoor facilities, interested parties can be found quickly. If you decide to leave the house sale to a professional partner, you will save a lot of time. You don’t have to worry about contacting potential buyers and you can go about your work and everyday life. Read more on the subject of outdoor facilities.

Building materials: concrete, wood, stone, glass and plastics

Building materials are indispensable for the new construction of a house, but also for the renovation. Materials such as wood, stone and concrete are predominantly used. But plasterboard, glass and various plastics are also used. Building owners can influence the type of building materials. Basically, it is important that you pay attention to high quality. It does not matter whether you are overseeing the construction of a new house or have decided to renovate an existing building.

The building materials used are usually used for decades. They are exposed to very high stresses both outdoors and indoors. When using building materials that have qualitative limitations, minor renovations are often necessary at short intervals. You can prevent this by selecting high-quality building materials. Further information on the subject of building materials can be found here.

Roof: planning, construction and renovation of roof trusses & roof coverings

Modern roofs can have different shapes. For centuries, the classic gable roof was the most common roof shape in Germany. It was often modified into a hipped roof and equipped with dormers to make effective use of the space under the roof slopes. Tent roofs are used in the new city villas with two-storey construction. As part of a renovation, the shape of the roof can only be changed slightly. If you plan to do this, you will have to fundamentally redesign the house.

Roofing, on the other hand, is often the subject of renovation. Tiles are used, which are available in different colours, shapes and design variants. A new roof covering often goes hand in hand with a renovation of the roof structure. If the construction is fundamentally new and of high quality, a roof can last at least 50 years without the need for a new renovation. Learn more about the roof.

Do it yourself: New construction & renovation on your own

The term “Do it yourself” refers to the owner’s own contribution. When constructing a new building, but also when renovating a building, the builder decides whether he wants to do it himself or whether he prefers the turnkey construction method. There are advantages when a specialist company provides the services. As the building owner, you accompany the progress. However, you can primarily take care of your work and leisure activities. The amount of time you invest in construction is significantly less than if you opt for the do-it-yourself strategy. Discover more exciting information on do it yourself in relation to selling a house.

Energy and technology: Energy efficiency in technical installations & security systems

Many value-enhancing components of a house fall into the area of energy and technology. If you wish to sell your property without stress, we offer you our individual services as real estate agents for Rhineland-Palatinate and Hesse. This also includes the preparation of an exposé. This serves to describe your property to all interested parties who respond to the advertisement. The investments from the area of energy and technology are listed in the offer for your property on MeinHausverkauf.de. Read more about energy and technology.

Garage and carport: architecture, weather resistance, differences

A garage or carport for one or two cars is very popular with homeowners. An expose with a carport or garage is more popular with potential buyers than having the vehicle parked on the street or unprotected in front of the house. Installing a carport or garage not only provides greater convenience when using one’s home. These additions also have a positive effect on resale value. Opt for a more relaxed. Feel free to read on if you are interested in garage and carport.

Interior fittings for new buildings and renovations

The interior finishing of the house includes the design of the walls, ceilings and floors. In addition, the installation of the electrical systems, the heating and the water circuit takes place. Stairs and doors are installed and fixed fixtures are integrated in the kitchen and bathroom. When building a house, the interior finishing takes about the same time as the construction of the building until the topping-out ceremony.

The interior can be designed very individually by the builder. Not only in the case of a new building, but also in the context of a renovation, a new planning of the interior is possible. If an extensive renovation with a change in the internal structure of the house is planned, the house should be empty for the period of the construction work. Otherwise the renovation will be difficult. Here you will find further information on the subject of interior fittings.

Cellar of the house: finishing or storage room

A cellar can be used in many different ways. It can be converted into a living space, guest room or office, or used as a storage room. If the cellar has access to the outside, bicycles or garden tools can be stored in the rooms. Basement rooms must be planned for when building a new house. The costs are high. They run into five figures depending on the size of the basement. A basement can be installed at ground level or partially raised out of the ground. Both construction methods have advantages and disadvantages. Read more about basements.

Planning and financing: Real costs & favourable credits

In most cases, the purchase of a property is accompanied by financing. Very few property buyers are in a position to pay cash for their property. Financing for a property usually extends over a period of ten to 30 years. Careful planning is therefore very important. A stable income is one of the essential requirements for secure financing. The income should be secured for the financing period.

You need to take into account changes in life plans as well as the possibility of a loss of earnings due to illness or unemployment. Young couples may want to have children, which also affects income. Everything you need to know about planning and financing.

Dream houses: individual and indescribably beautiful

The concept of a dream home is defined very differently by a future homeowner. There are builders who understand behind it a luxuriously equipped house with a small low-maintenance garden in a central location. Others wish themselves a house in calm situation and take for it gladly a longer journey to the work or into the next city in purchase. In general, the term refers to a modern house that offers many amenities. Feel free to read on if you too are considering the topic of dream homes.

Healthy living at the heart of building modern homes

Healthy living is a modern term that refers to the use of environmentally friendly building materials. The aim is not to pollute the environment by building a house or housing complex. The health of the individual is also the focus of the new modern variants of building. An optimal indoor climate, a constant room temperature and the use of building materials that do not emit harmful substances are the most important foundations of healthy living. Pollutant emissions are completely avoided. Natural building materials such as wood or plastics, which are free of polluting substances, are used in modern construction. Sustainable building is becoming more and more popular and is even prescribed in parts for new buildings. You can find more exciting details on the topic of healthy living here.

Der Beitrag House and land: equipment, materials, financing, value erschien zuerst auf ℄ Real Estates.