How You Can Use Cryptocurrency To Pay Off Credit Card Debt

How You Can Use Cryptocurrency To Pay Off Credit Card Debt

Suddenly, it’s happened. You’ve found yourself in credit card debt, and it’s an amount you never expected to have. Whether it was to cover an emergency like fixing up your car after an accident that wasn’t even your fault, or too much of a crazy time in Vegas during your bachelorette party, you need to find a way to pay it off. You know that. But with the salary you make, and how much money you’re already spending and saving, you have no idea how you’re going to get rid of your debt–and that’s scary, because the longer you wait, the worse it will get.

Credit Card

But recently, you’ve been thinking of using cryptocurrency to pay off your credit card debt. After all, with so many people making money off of it and using it to dramatically change the world, it seems to make sense. The startup Nanovision has created a health blockchain that’s going to revolutionize global healthcare, and Fr8 Network has created a freight blockchain that’s going to change the way shipping works in the US. Even lawyers like Aaron Kelly are benefiting from Ethereum to create smart contracts.

If all this is possible through the power of blockchain, why can’t you use cryptocurrency to get rid of debt? The fact is, you can. Here’s how:

Creating a Bitcoin savings account

Once you’ve budgeted what extra spending money you can have every month–and cut out additional expenditures you don’t need, such as that Frappuccino every morning before work and drinks on the weekends with friends–you might find that you have some money left over. The majority of this money, of course, should go to paying off your credit card debt (especially if you just completed a credit transfer so you can at least avoid additional interest on it)–but if you can let go of just a little of that money, you can create a Bitcoin savings account. Think of it as a way to raise a little extra money in a way that will slowly grow while you’re paying off your debts.

Bsave, for example, works like this: “An account with Bsave provides you with daily interest payments and the ability to withdraw funds at any time. The interest payments depend on the amount you deposited in your account and the length of your deposit. The way that Bsave is able to pay its users interest on their bitcoin holdings is by engaging in margin lending on the Bitfinex trading platform on behalf of its users.”

Considering that Bitcoin reached a worth of $10,000 in 2017, it can be a great way to raise some money in a passive way–and, psychologically, it may also ease the feeling that you’re drowning in debt, because you’ll know that in this savings account you’re slowly building up money you can use to pay it off.

Investing in cryptocurrency

Another option is to invest in cryptocurrency itself, by buying some coins and then eventually exchanging them on the market. Unlike creating a Bitcoin savings account, this strategy can be used with any cryptocurrency, especially ones that you expect my go up in value in the future. Another difference is that instead of slowly building up your savings in a bank account, you’ll buy some cheaper coins, wait for them to go up in value, and then trade them for others (or for money, if you feel that the amount you’ve made is enough to pay off some of your debt at that point).

Blindly investing, however, isn’t a good idea–especially considering that you’ve already got some debts, and you don’t want to have more. So before you invest, do some research: check out cryptocurrency blogs and podcasts, and read up on what the most up-and-coming cryptocurrencies are. Bitcoin’s gotten so expensive now–at the beginning of 2018, just one Bitcoin was worth $11,000–so it’s clearly not the right choice for someone who’s already in debt!

Conclusion

Additionally, you’ll want to be wary of bots. Unfortunately, because all cryptocurrency businesses live online, you can end up falling prey to scammers and the like. 30 percent of millennials would prefer to invest $1,000 in Bitcoin instead of government bonds or stocks, and with this newfound popularity, many people are being targeted.

However, you can defend yourself. According to Forbes.com, this is how to spot a bot, “You will need to carefully watch the market trading signals and learn to notice the abnormal trading patterns…The two biggest indicators of bot market manipulations are price momentum and volume. As an investor, you should carefully watch these two parameters and try to notice coordinated buy patterns early on. The alternative is to use a cryptocurrency trading analytics platform that will do ‘the …

Essential Skills That Every Engineer Needs

Essential Skills That Every Engineer Needs

There are many skills and qualities that you need to succeed in your career and become a competent engineer. The world of engineering is dynamic and involves working across disciplines. As such, engineers must continually adapt to changes in their working environment. Technical skills are also essential for one to become a competent engineer. The question: “How can we become more effective engineers?” still lingers in the minds of many people that are preparing for an engineering career. There is a variety of skills you should focus on developing as you prepare to become an engineer.

Engineer

Communication Skills

You must develop both oral and writing skills for you to become a competent engineer. You could also improve your public speaking skills and learn a second language. An excellent communicator not only gets noticed but also influences the engineering landscape.

Teamwork

Every successful engineer should have the ability to work in a team of people from different walks of life. One of the best ways you can gain teamwork experience is to work as a volunteer in an engineering firm. Your role as an engineer will be to solve problems and guide other technicians. For you to achieve this, you need the ability to think critically and come up with solutions. As an engineer, you should be able to brainstorm and analyze options before coming up with a solution. That way, you will be able to solve problems that have not occurred before.

Leadership Skills

Leadership goes beyond the position that someone holds. It is about making the right decision and guiding teams. One of the areas where engineers will need leadership skills is during project execution. As an engineer, you will need to influence team members, plan, make critical decisions, delegate authority, and set priorities. You could attend a leadership forum or join a civic or professional group as a volunteer to hone your leadership skills.

Technical Engineer Skills

Technical competence is essential for everyone who is aspiring to become an engineer. You need to have the necessary skills to execute projects. One of the ways to gain technical competence is to undertake an engineering course. However, continuous learning throughout your career has become necessary due to rapid technological advances.

Attention to Details

Project management is incredibly complex and involves hundreds of people. Even a slight mistake during planning and execution can make the entire project to fail. A failed construction project not only leads to losses of resources and time but could also cause deaths and injuries.

Computer Skills

Today, computer modeling skills have become essential for every engineer. Engineers now use computer models to create and run simulations of complex projects. Engineers can use computer models to predict how to evacuate a building during an emergency. Computer models also enable engineers to assess how a power plant can respond to a critical component failure. You don’t need to be programming expertise to understand how computer models work.

One doesn’t need to master the above skills and qualities to become a successful engineer. All you need is the knowledge and ability to apply your skills when necessary. Continuous learning throughout your career will enable you to hone your skills and keep up with changes in the engineering landscape.

Lewis University

How to promote your business online

How to promote your business online

There are many people who are interested in doing business online because it is the easiest way to do it. You can easily handle everything from your computer and there is no need to get dressed and get out for that purpose.

Tips:

Business

The first thing that can help you to promote your business online is a solid plan. Without planning, there is nothing in the world that you can achieve. So in order to get successful, you have to do some planning first. If you are already running a business and you want to do it online now, then you have to search for cheaper ways to do that. If you want to start your business online, then you have to make a list of every pros and cons that you might have to encounter.

The next thing you have to do is to make your own website. Now, this is where everything goes trickier. Making your website is not a difficult thing. If you are interested in computers and technology, then all you have to do is to learn from the tutorial videos. If you are not interested in doing it by yourself, then you should hire a web designer who can do this for you. Of course, you have to pay him, but it will be worth it. After getting your website, you need some Best web hosting. Best WordPress hosting means to upload your website to the servers so that anyone can access it on World Wide Web. This way you can get traffic to your website and there is a huge chance of getting profit for your business too.

Kind of Web Hosting

There are three main kinds of web hosting. One is known as shared hosting which does not provide you total control, but the benefit of using it is that you can get the web traffic easily.  This is similar to living in an apartment where you have to share different things with your neighbours. The next kind is VPN hosting which gives you more power and control than the shared hosting. It also provides you with the services like cheap WordPress hosting and domain name search. The third kind of hosting is dedicated hosting in which the total control is given to the user and you can control the traffic on your website easily. However, it is the most costly hosting and you need a lot of money for that.

After getting your website uploaded to the servers, you need to promote it via different techniques. The best way to do that is by using the social media. As we know that everyone today uses the social media and if you want to make someone or something famous, you need to do that with the help of social media. This is the fastest way to make anything viral. So all you have to do is to make a page related to your business on Facebook or Twitter and update it often. This way more people will get interested in your business and there is a huge chance of getting profit too.

http://fivenightsatfreddys-2.com/how-to-create-free-websites-for-bands.html/…