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Minority Mindset

Minority Mindset

Defy all odds.

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Rethink Crypto

Kraken Crypto Review 2022 - Why You Should Use Kraken

Binance Review

Binance.US Review 2022: A Trusted, Beginner-Friendly Option?

How To Invest In Bitcoin with $100

How To Invest $100 In Bitcoin Today

Coinbase Review

Coinbase Review 2022 - Everything You Need To Know

BlockFi Review

BlockFi Review 2022 - How To Use BlockFi For Beginners

crypto Guides

Introduction to Crypto Investing

Beginner's Guide to Understanding Everything Crypto

Top 5 Best Crypto Investing Apps For Beginners

More On Crypto

Crypto Wallet

The Best Crypto Wallet For 2022

taxes on crypto

Taxes on Crypto - Navigating Crypto Gains During Tax Season

How To Leave Crypto To A Loved One

How To Leave Crypto To A Loved One

Cryptocurrency Stocks

Should I Invest in Cryptocurrency Stocks?

what credit cards have crypto rewards

What Credit Cards Have Crypto Rewards?

Gemini Hot Wallet Review

How Does The Gemini Hot Wallet Compare - 2022 Wallet Review

How Exactly Does Crypto Staking Work

How Exactly Does Crypto Staking Work

Kraken VS Gemini VS Coinbase

Kraken vs Gemini vs Coinbase - Which Is Right For You?

Crypto Interest Account

Best Crypto Interest Accounts For 2022

Coinbase VS Robinhood

Coinbase VS Robinhood: Which Is The Better Crypto Broker?

Cryptocurrency 101

What is Cryptocurrency Investing?

Cryptocurrency is a decentralized global digital currency that has been around since 2009. It doesn’t have a bill or coin or any other physical equivalent; like we said, it is digital, meaning it’s completely virtual or online.

 

It can be used to pay for goods and services in a quick manner, but only by those businesses who accept cryptocurrency of course. In addition, many companies have issued their own virtual currencies, also referred to as tokens, with which you can buy their products or services.

 

Perhaps its most beneficial attribute for users is that it can be transferred online from one individual to another without requiring an intermediary financial institution like a bank.

 

Investing versus Saving

Investing is best for long-term goals, like retirement. Investing gives you growth over liquid assets and counters inflation. Your money is working on itself, whether the economy is booming, the area you’ve got real estate in is rising or you’ve backed a startup that is taking off. The money you’ve invested will have a return when you go to use it down the road.

 

Saving is best for short-term goals where you can easily access this money. The downside of stashing the money away in a high-yield savings account or Certificate of Deposit (CD) is inflation, currently at 3%. This means that if you put $100 dollars in your sock drawer for next year, your spending power will be roughly $97. You effectively have less money than the previous year.

Our Crypto Partners

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Coinbase

For all of your crypto investments in one place, you can begin buying and selling digital currencies.

BlockFi

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You can buy, sell and trade cryptocurrency in once place. Instant trading on a secure platform.

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