Paa Kwesi Menz

You may still be doubting and fighting yourself on whether to start getting some cryptocurrencies or not. Will give you 6 reasons not to invest in cryptocurrencies. 1. To begin with the chart and Prices. The price of Bitcoin has increased over 600% since January 2017. Ethereum has also risen over 700% since January and you know unless you are an outstanding guru in something, these figures will be a problem of most businesses. But it is possible with cryptocurrencies. The choice lies in you to be part of this revolution or you can keep watching as the prices soar to even greater heights?? Most cryptocurrencies have seen significant growth. 2. Very portable.   If you have ever tried travelling with large amount of money on you? Cryptocurrencies are the best and reduces the risk since you can carry $1million simply on your phone to anywhere in the world. No cash carrying problems, no stress. Why get worried keeping money at a bank when you can have access to your mon...

Over the years, we have seen rather a subtle talk over cryptocurrencies but it has been one of the major headlines in the business world and has really profited investors both young and old who took advantage of it earlier. It may look foreign, scary but in essence it is very vital for it to be considered as one of a must look portfolio to be held by any investor and at the end of this article, you will understand the reason you need to have it going forward. With technological innovations springing up in our world today, the financial and payments sector is definitely has its own coming in a rather disruptive way, Cryptocurrencies. Cryptocurrencies simply, is a digital representation of money with added complex security called cryptography such that all transactions are securely placed on online ledgers accessible for all to see called the blockchain. Cryptocurrencies addresses the need to make money easily accessible by anyone anywhere in the world with little or no fe...

I am going to make this so simple for you to get the basic concept of cryptocurrencies. Don’t expect a long write up here. This is to give you a reflection of this whole crypto thing. Are you ready? Let’s get into it. Cryptocurrency is a secured digital representation of the money you use daily. Talk about the coin and notes you are used to depositing and withdrawing from your bank. Simply its money. The money we use every day for our banking is printed by the central bank. The amount of the money in circulation in the economy is also regulated by the Central Bank. On the other side, that is the reason why you see very new notes in the system. New notes replacing old notes and further enhancing cash flow in the economy. Believe me, it is expensive printing bank notes for use by people. A big problem, which is why money is moving digital. Unlike bank notes, cryptocurrencies are not controlled by a central government, they are not printed and does not get old. It doesn’t have ...