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5 Reasons why it’s Not Too Late to Invest in Cryptocurrencies

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Cryptocurrencies took the world by storm in 2017, with startling gains being seen across the board for the sector throughout the year. As 2017 came to a close, Bitcoin was nearing a peak of £13,000.

The mainstream public were learning about this seemingly new phenomenon that was turning people into millionaires overnight. This accelerated the rate of rising prices, as more people wanted to get a slice of the action. They were more interested in making money than in the underlying technology and its use as a currency.

While many expected this level of growth to continue, many experts in the world of finance called it a bubble and predicted it was only a matter of when, not if there would be a significant crash in prices. This duly came in 2018 when the cryptocurrency market as a whole saw its prices tumble.

Some will be of the belief that the gains are gone forever and that these cryptocurrencies have reached a level where they will remain for some time. Others believe that prices will converge over time towards zero.

However, there is still a lot of potential out there in the cryptocurrency market. Many smart people are now using this correction in the market to take advantage and make significant investments at discounted prices.

Here are 5 reasons why it’s not too late for you to invest in cryptocurrencies.

Regulation is on the way

One of the main drawbacks of the cryptocurrency market in its current form is the lack of proper regulation. While authorities across the world are busy at working developing a solid framework for these regulations, the likes of institutional investors are still wary about making significant investments into the space.

Until it becomes as well regulated as other financial markets, institutions will still be wary about putting too much money into cryptocurrencies.

One of the main problems is that because it is still such a new sector that governments do not really know how to properly regulate it. Unlike the buying and selling of equities which is regulated by the likes of the Securities and Exchange Commission (SEC) in the United States, there is no such regulatory body in the cryptocurrency world.

However, the authorities across the world are cracking down on errant tokens. There have been many high-profile prosecutions and lawsuits filed by the SEC against initial coin offerings (ICOs). A lot of them have been found to be in breach of securities laws and therefore are facing the consequences for their actions.

There is the concern that overregulation could stifle the sector somewhat, but it is a positive move to introduce a framework whereby consumers and institutions can be protected from dodgy practices.

Institutional money incoming

As the sector continues to be cleaned up and more regulations introduced, there will be a lot more institutional money coming into the space. The boom seen in 2017 was largely fuelled by everyday consumers investing in cryptocurrencies.

For the most part, financial instructions stayed away from purchasing cryptocurrencies. In 2018, this began to change. Many notable institutions made notable investments in the likes of ICOs. This investment sum is expected to expand rapidly in the coming years.

More cryptocurrency products being created

In the past, you had to own a cryptocurrency in order to trade it. This changed when Bitcoin futures were introduced in December 2017. It allowed people and institutions to make trades involving Bitcoin without having to own the asset itself.

There are now numerous cryptocurrencies which have futures contracts. There is also a sustained move to have cryptocurrency ETFs made legal. The variety of products gives the sector more credibility and allows investors to get more hands-on with their investing.

Blockchain technology adoption is exploding

The underlying technology that fuels cryptocurrencies is blockchain. Countless industries are embracing the technology to make their processes much more efficient and effective.

As adoption continues, more and more people will start to use tokens associated with these blockchain platforms. They will also understand much better how cryptocurrencies work, making them more likely to adopt and use them.

Upcoming financial crises

Over the past decade, the financial markets have been on an almost constant climb. It is one of the longest bull markets ever seen and this is now looking like ending. This means that investors will be looking alternative investments in which they can store their funds in this time of crisis.

Traditionally, people invested in the likes of gold. These days, a lot of people are seeing cryptocurrencies as being a potential store of value. Therefore, if this idea takes off, prices will inevitably soar once the market downturn strikes.

Conclusion

As you can see, there are many significant reasons as to why the future of cryptocurrencies is bright. If you are ever going to get involved in cryptocurrency investing, now is the time. Prices are rock bottom in comparison to where they were a year ago. The old adage about investing still holds true – “Buy low, sell high”.

Freddie Achom is the Founder and Chairman of Rosemont Group, an international private investment group of companies focused on financial services, luxury goods and services, hospitality, renewable energy and digital technology. Residing in the UK and France, Freddie Achom is a notable entrepreneur and investor.

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Daanish Azim – The Phonepreneur

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Earlier this week I was able to sit down with Daanish Azim as we discussed his journey and how he got to where he got today.

  • Hey Daanish, how old are you, where are you from, and what is it that you do?

I just turned 23 years old last month, I’m from Chicago, IL. I Currently run few online businesses such as an amazon dropshipping store, I’m building up an entrepreneur clothing brand, and I resell phones for profit as well as teach others my methods on how to flip phones for profit.

  • What was the first entrepreneurial experience you had that you can remember?

The first entrepreneurial experience I would say I had was buying and reselling phones when I was around 17/18 years old just so I can make some extra income so I can help my dad as he was going through some job issues. But as my first business owner venture, I would say it really began with joining a network marketing company.

  • When did you know that you wanted to work for yourself and go a different route?

I knew this at a pretty young age, but it wasn’t really until my last year of high school, that I really started studying the number of people who went to college and the amount of debt they took on for college and how long it took people to actually pay back all their student loans while they were maybe even working at a job they don’t even like. This is when I knew I had to figure out ways to work for myself and take a different route than the majority of people. Also, a quote that really stuck with me that I heard from a successful multi-millionaire was “watch the masses, do the opposite” this quote till this day sticks in my head.

  • How did you get into flipping phones?

It honestly happened pretty randomly, I was always amused by the fact of flipping things to make a profit rather than just working a job to make $10/hr(or whatever per $/hr). So as I was one day looking to buy a new phone I found a nice phone at that time called a Moto X for like $150 which I knew was a good deal, so I ended up driving about an hour with my dad to go buy the phone, pretty randomly I decided to list the phone for like $280 on eBay the next day and literally the phone sold within 24 hours of my eBay listing and I was in shock. Imagine I bought a phone for 150 and sold online for 280 without much work or time involved and netted about $100 profit on that one sale, that’s when I knew there was money to be made with flipping phones and that’s how my journey started with this side hustle!

  • How have you had so much success in your industry? 

In simple terms I was able to figure out how to flip a phone for a profit and by doing it enough times and learning through trial and error I was able to understand this hustle A-Z and by now I’ve been able to buy well over 300-400 phones in the past few years and flip them for a profit and done well over 150k in sales with it while never having a warehouse or shop or anything, just straight out of my house mainly just leveraging my phone to do it,  And now I’ve been able to start teaching some students 1on1 and coming out with a course soon to teach people how to resell phones for a profit to make additional income.

  • What would you say your 3 core values are? 

My 3 core values would have to be integrity, responsibility, and self-improvement.

  • How have you leveraged personal branding and social media to grow your business?

I had just opened up a business Instagram page like less than 2 years ago and I’m so glad I did. By posting content and being my true-self and connecting with others it has helped in many ways. I’ve built some great connections with other like-minded individuals, been able to partner up with other people just leveraging my personal brand as well as being able to take on a few students who I’ve never met but  just by leveraging and building up my personal brand it has given me so many opportunities and been able to connect and make some great friendships through it.

  • What advice would you give a young person looking to get started in entrepreneurship?

One of my biggest advice would be to just get started! Most young people tend to think more and act less. I would also tell them to focus more on self-education and first start by investing into themselves and start to go to any entrepreneurial events they can get a chance to go to and try to find a mentor/coach who is where they’d like to be and is willing to guide and help them.

  • What do you want your life to look like in 5 years? 

5 years from now my goal is to be totally financially independent, making a positive impact, speaking on stages, helping my parents in any way, having a partner, traveling the world, giving lots back to charities, and just overall being fulfilled while still chasing a bigger dream and vision for myself.

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Things to Consider While Calculating Premiums

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If you are looking for an insurance policy, you need to look at the factors that insurance companies take into account to calculate the price of the premium. When you pay for the policies for your home, auto or life, you get coverage for the things covered in your policy. The different factors that are based on the price of insurance are the age of the underwriter, the amount of coverage you need, the type of coverage you are looking for, the area where you live, your personal information and other similar factors.

How to Calculate Insurance Premiums?

While calculating the insurance premium. You should keep in mind the following things through which you can low down the cost of your insurance. When calculating the insurance premium, Insurance Company London considers the following factors;

Your age:

The age of the driver matters much. If you are an experienced driver you can get the insurance of the car at a very reasonable rate. But in case, if you are a young driver then you should be aware that the new drivers have to face the things that keep up the insurance premium. Because young drivers have no experience. Your age is an important factor that the insurance companies take into account to predict the number of years you are going to use the insurance premium. If you are buying health insurance, you need medical care a lot more time if you are older in age compared to the one who is younger. The premium for older people is generally higher while for the younger they are quite cheap. In addition, teenage drivers have to pay more premium prices as there are more chances to face damages because of the accidents.

The type of coverage you want:

While taking the insurance coverage, you should be conscious that what type of insurance coverage suits that meets all your needs and complete the requirements. Generally, insurance companies offer you a lot of options when you are looking for an insurance policy. If you buy basic insurance coverage, the policy you buy will be much cheaper. On the other hand, if you buy comprehensive coverage, your premium would be expensive.

The amount of coverage: your premium price is based on the amount of coverage you buy. If you buy less coverage, your premium would be cheaper. If you buy auto insurance, and your deductible is higher, you have to pay less for the premium no matter what amount of coverage you buy.

Personal information:

While picking the insurance, you need to give all the personal information to the insurer. When you are shopping for an insurance policy, Insurance company London consider the factors like driving record, your yearly claims, age, gender, marital status, hobbies, the area you are living in, lifestyle, your health, medical history of your family, smoking status, etc.

How You Can Lower Your Insurance Premiums?

Insurance agencies are about assessing and managing the risks. The higher the hazard, the higher the premiums. In any case, there are approaches to bring down your premiums.

One way is to bundle your protection. For instance, on the off chance that you have your auto, home, and life coverage strategies with one organization, you’ll likely fit the bill for a markdown.

Obviously, you can set aside cash in the event that you lessen your inclusion (e.g., increase your deductible); be that as it may, that is not constantly a decent decision. Consider your circumstance and the probability that you’ll utilize the approach before settling on any choices.

There are different approaches to save money on your premiums, as well, yet they take even more responsibility. For instance, most states charge smokers up to 50% more than non-smokers for health insurance policies. That means if you’re a smoker paying $600 a month for health insurance, you could bring that down to $400 if you quit smoking.

For example; you may qualify for lower auto insurance rates if you improve your credit score. That’s because people with lower credit scores are, statistically speaking, more likely to be in an accident.

For more information, you may look at Cubit-Information.

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Make Your WordPress Website Into An Online Store With Woocommerce In Simple And Easy Steps

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Do you already have a WordPress website and are looking to build an online Store to sell your products? Then look no further, because with WooCommerce you can easily start your eCommerce business.

What is WooCommerce?
WooCommerce is a flexible, open-source e-commerce plugin that is designed for small to large-sized online merchants who use WordPress.

How to get started?
Consult a reputed WordPress Development Services provider and they will quickly build the store you want. Work starts by activating the free WooCommerce plugin on a new or existing WordPress site.

What features does WooCommerce offer?
– Product, ShoppingCart and Checkout pages.
– Secure payment options – credit card, debit card and others. 
– Shipping options are configurable and this includes flat rates and label printing.
– Modular blocks facilitate integration of content and commerce across your site. 
– Tax and VAT calculations are automated. 
– Integration of Google Analytics, MailChimp, and Facebook. 
– Central store dashboard with key metrics, and more.

What advanced and customizable features does WooCommerce offer? 
– Choose a design to suit your brand and industry.
– Add features and integrate with local and global eCommerce web services.
– Inspect and modify any aspect of the core plugin code.
– Leverage hooks and filters to modify functions.
– Build on top of the REST API and webhooks.
– Full ownership of content and data.
– Free WooCommerce mobile app (Android and iOS).

What products can be sold on WooCommerce?
A WordPress development services provider can expertly guide you in this process. 
WooCommerce offers you immense options to sell both physical and digital goods. You can offer single or multiple products in different variations and with complex configurations. What’s more, you can also offer discounts and instant downloads to your clients and even sell affiliate goods from online marketplaces.

By using paid extensions, you can do a lot more – set up recurring payments to subscription holders, offer memberships, take bookings,create dynamic pricing rules and much more. 
What payment options does WooCommerce offer?

WooCommerce facilitates payment through major credit cards, debit cards, alternative payment methods, BACS (bank transfers), and COD. WooCommerce integrates with more than 140 region-specific gateways including popular choices like Stripe, PayPal, Square and Amazon Pay, Apple Pay and Google Pay.

What are the shipping options offered by WooCommerce?
WooCommerce offers configurable shipping options that include free shipping or flat rate shipping, limiting your shipments to specific countries, connecting with hundreds of local and international carriers such as Royal Mail, FedEx, and Australia Post etc., and integrating with inventory management and fulfillment providers.

With extensions you can add delivery and shipping options and support strategies like buy-one-get-one free, free gifts, and add-ons, real-time calculations and printing labels at home.

What store design themes are offered by WooCommerce?
A WordPress development services provider can help you design a theme of your choice from hundreds of free and paid themes that are available, including Storefront, which not only offers WooCommerce integration, but also prioritizes speed and uptime. You can add your brand and define your style by customizing Storefront or by adding one of several industry-themed Storefront child themes.

What customization options does WooCommerce offer?
Multiple features and functionalities can be added to your WooCommercestore by using extensions that are available for: 
– Selling your products
– Customizing your store
– Customizing shipping options
– Finding your audience and marketing to them
– Driving sales

Who owns the IP of a WooCommerce store?
As WooCommerce is open source all the IP of your online store belongs to you. 
Further, WooCommerce gives you full ownership over what is tracked and stored and you have the option and control to decide whether you want to share all the content and data of your online store with WooCommerce or not.

With WooCommerce, your data belongs to you and you are free to export all your content and take your site wherever you choose.

Conclusion:
If you have a WordPress site you can easily convert it into an online store. The time and effort involved depends upon the features you want and your business goals. Important however is to engage a WordPress development services provider who can guide you expertly in your journey to eCommerce.


Myself Mouzzam Jafri Head of Internet Marketing at Techindiasoftware. I have 6+ years of experience in IT Industry. My passion is in writing about Internet Marketing Currently I am writing about how to choose Best Magento Development Company In India Web Development Services Company.

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The Disrupt Podcast tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real life experience. This Podcast is designed to give them a taste of that.

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