The programs and companies I present on my site have no guarantee of producing a profit for members involved. It's always wise to follow the Golden Rules of investing such as setting aside funds for 'investment' account(s) separate from household and family money.
I made my first BTC/USD trade on Blockchain's The Pit ; newly opened and in Beta/Live with ongoing testing and routing out any bugs. Where I have my Blockchain.com connected to The Pit, makes for convenient transfers. My first Trade was for a gain and wish the same for future Trades but losses happen from time to time. Normally, I just sit and wait for the coin to come back and surpass where I bought it but all depends on the market volatility of the day(s).
More pairs will be added and ETH/USD was available for Trading today.
After a lull in the 'Trading' action with Bitcoin while Facebook put it's Libra 'coin' on hold by request of a US Congress committee until more rules and regulations are put into play, Bitcoin is once again on the move north and I'm sure nice gains will be made by savvy Traders. The US Treasury also lowering interest rates for the 1st time in awhile also sparked a move to buy Bitcoin by some bond and stock holding folks for now. Ever changing is the financial world.
What happens from here is unpredictable of course when it comes to crypto other than stable coins.
In the last week, exchanges and 'wallet holder' sites having been making news adding options and new features to attract more folks where 'fees' are their bread n' butter which continue to build their coffers. Positive additions I feel for me being in Canada to move crypto to cash and visa versa plus easier and faster means of trading.
Today, Bitcoin seems to have leveled off at an average price of $10,500 USD. What I call the 'Whales' or big spenders/investors, have had some huge gains with the last 'spikes' in price and then selling. I figure there will be another 'bull run' in the near future. Almost like a game of watching who and when ... is going to kick off the next run while checking the news and exchange charts, etc.
July 17th update: The US Congress - 'Facebook's Libra' Hearings have thrown a wrench into Bitcoin's value until we see what evolves
The latest prediction for Bitcoin in the short term is more 'selling', which causes less Market Cap and brings the value down.
In the long term ... perhaps another 'Bull' run upwards to $14,000 USD before another cycle of 'selling'.
I'm enjoying my time in the Diversity Fund 'Facebook' group where Admins share the daily and weekly activities that take place, new venture start ups along with the winners n' loss sites out there.
Unseen during my years of being online, the owner of My Passive Trades took on himself to reimburse members of a failed HYIP ... 75% of the amount of principal funds not gained back after payments received; involved in a failed HYIP.
I joined and funded My Passive Trades thru Diversity Fund. The dude who started the failed HYIP has been tossed from the Diversity Facebook group. Great to see where the online money related world can be cruel at times when losses occur.
It's looking like the fall Bull run of 2017 with Bitcoin currently, gaining 40% in June and I've been doing some 'swapping' from Bitcoin to USD PAX (Stable coin equal to 1 USD each) and visa versa attempting to judge the current 'up' trend on Blockchain.com. I know at some point there will be a major 'sell off' coming but for now, I'm enjoying the gains.
There's certainly a lot of international fuss raised since the announcement that Facebook is launching it's own crypto coin called Libra ... still in development. Be aware of scam sites already up about buy Libra now or it's available to buy and trade. Not true.
See what happens when the smoke clears while the US Congress also wants more information from Facebook about it's crypto ambitions.
PTCShare is a brand new upcoming project of My Traffic Value/Paidverts.com has started their compensation plan today, with earning potential available from Monday to Friday.
Bitcoin is staying above the $9000 USD level for now as interest builds once again for crypto's highest and #1 ranking in Market Cap value.
The rising price of Bitcoin is certainly the buzz currently. Transaction fees on a Blockchain are lower at certain times during the day so if you have patience that will save you some crypto/money in the end. Before the sudden upswing in value, I seen fees that were below a dollar, usually around 0.25 cents. Today, for the same amount today ... upwards of $7 in fees so you can see what I'm getting at. I seen the difference in $6 from the early AM here (Halifax - Atlantic Time) at $1 than in the afternoon for the same transaction ... up to $7.
For sure, Hack attempts are more intense now so hopefully, security systems keep them at bay in the crypto outfits involved in. They usually target 'Whale' accounts but I have read of small crypto wallet balances disappearing as well.
Trending is the price of Bitcoin that shot up and been hovering around the $8000 USD range these days. Being a benchmark, other crypto's have seen increases in value such as Litecoin for example.
Airdrops were very popular last year and remain in the crypto news and I won't turn one down when I see an offer from a respectable outfit like Coinbase and CoinBase Earn , now into 103 countries. Recently, I added $10 in Stellar Lumens to my Coinbase holdings via Coinbase Earn. Folks can register and learn/earn about the cyrpto currency.
Blockchain.com ,being one of the largest Wallet providers and exchange services in the world with over 36 million users, has added it's first 'Stable' coin called ... USD PAX ; pegged 1:1 to the US Dollar regulated by the State of New York and 'backing funds' are held in US Banks.
An alternative to Bitcoin and Altcoins that fluctuate in price daily.
Blockchain 'Miners' are back in the news as Bitcoin continues to edge up in price at this time. Many sold their 'mining computers' cheaply during the crypto 'winter' where they weren't making enough money and there's always that power bill looming where they consume a lot of power.
These days, outfits that bought all these used 'Mining' machines are now selling for double what they paid for them to folks, where working the 'Mining' they can pay for the gear in about 200 days currently from mining to cover their purchases while making money along the way and then gain profit.
In turn, transaction 'fees' where there's now more traffic on Blockchains are higher then during the crypto 'winter' or past slow months but still reasonable for now.