Robert Kiyosaki: “I believe this economy is the biggest bubble in world history. God have mercy on us all.”

Article Source: AP Moneywise

“I believe this economy is the biggest bubble in world history,” he said in a tweet. “God have mercy on us all.”

Since a lot of financial assets have gotten cheaper in this market downturn, it might be tempting to buy the dip. But that’s not what Kiyosaki is doing.

“Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: ‘I would get out of paper assets’,” he says, adding that the world economy “is not a ‘market.’”

Instead, Kiyosaki likes three real assets for protection. Here’s a look at each one of them.

Gold and Silver

Precious metals — particularly gold and silver — have been a popular hedge against inflation and uncertainty. They can’t be printed out of thin air like fiat money and their value is largely unaffected by economic events around the world.

Kiyosaki has long been a fan of gold — he first purchased the yellow metal in 1972.

“I’m not buying gold because I like gold, I’m buying gold because I don’t trust the Fed,” he said in an interview last year.

Kiyosaki likes silver, too. In fact, he tweeted “Silver best investment in Oct 2022” and “Everyone can afford $20 silver.”


What Should I Expect From a Forex Broker?

A few years ago, trading was all about trading on your phone. There was no concept of online trading. The trader calls the broker and tells him about the trade. But now, in this digital world, the way of trading has also changed. All the trading is now performed online, and the trader performs the trading through an online broker’s platform.

Beginner traders want to know what to expect from a Forex broker. Which services do they provide, and how do they choose them? Expectations depend on what you need from the broker. These are the main things that an online broker should provide.

Regulations or Licenses

First, the broker should be regulated and authorized by the authorities. Different regulatory bodies, such as the FSA, CSFA, and NFA. The license will tell you that the broker is reliable, not a scam, and protect your money. For example, trade245.com is a regulated broker.

Easy-to-Use Forex Trading Platform

The trading platform that a broker provides should be simple, not complicated. And offers an intuitive environment so that traders can easily trade. The interface is very important, and the broker should provide a user-friendly interface. There are a lot of brokers that offer a user-friendly interface. Such as eToro, which is the most user-friendly platform for users.

Customer Support

The broker should provide customer service to their clients who trade with them. Customer support services should be sufficient to allow users to resolve their issues whenever they arise. Before deciding on a broker, traders should interact with the prospective broker. Disputes occur in large numbers when no proper customer care service is available. Before deciding on a broker, you might ask several questions during the phone call. A large number of brokers, such as eToro, FXCM, and others, provide quick and high-quality customer support services.

Make Use of Leverage Options.

The broker should be able to provide options in terms of leverage. The risk associated with large leverage outweighs the possibility of making a lot of money. If there is little leverage, there will be little danger, and therefore little profit, associated with it. Leverage should be available in a variety of forms from the broker. Some brokers are willing to provide you with x100, x200, or even more.

Welcome Bonus on Your First Deposit

Brokers should offer a first deposit bonus to new customers. With attractive capital bonuses on your initial deposit, each broker strives to entice you into making a trade with them.

In this case, you will obtain additional dollars to use in your trading activities. To attract new clients, a few brokers are giving hefty sign-up bonuses. AvaTrade’s offer of up to 100 percent commission on trades made by AvaTrade is an example of this.

In conclusion,

The broker is responsible for making a profit or losing money. Some brokers provide minimal services to the traders, while others give a lot of benefits. A broker should be reliable and provide high-quality tools so that traders can freely choose the broker and work in a trustworthy environment.

Ruslan Tymofieiev (Ruslan Timofeev) and Other Investors About Successful Ukrainian Investments in US Startups in 2021

Ruslan Tymofieiev (Ruslan Timofeev)

The Ukrainian IT industry, as well as the investment area, made significant strides in 2021. Grammarly was the first decacorn the industry received. Its total amount of venture investments exceeded $1 billion in 2021. In addition, Ukrainian venture funds reached a new trajectory by entering the American market. Adventures Lab Founding Partner Ruslan Tymofieiev (Ruslan Timofeev) and other investors speak about outstanding US projects the Ukrainian funds invested in 2021.

AI solutions for marketers

The Ukrainian funds Digital Future and Adventures Lab invested in Narrative BI last November, a B2B advanced analytics platform. The San Francisco-based startup could raise a $1.2 million pre-seed funding round. In the round, Ukrainian companies were also joined by US funds.

The founder of Narrative BI, Michael Rumiantsau, believes broad analytics plays a crucial role in making decisions instead of intuition. This project represents a no-code analytics platform for Marketing/Growth/Sales teams. It enables them to automatically generate data insights based on company statistics. Ruslan Tymofieiev (Ruslan Timofeev), Founding Partner at Adventures Lab, notes that the personal qualities of the startup founder played a crucial role in picking up this startup for investing. This year, the project creators are working on launching a full-fledged version.

AI communicate with customers

The Ukrainian fund Digital Future invested in the Ukraine/US project Outloud.ai, an AI-based retail platform that enables users to automate voice communication with customers. This project includes several American restaurant chains as clients. Burger King is among them. The Digital Future Alex Vitchenko founder notices that Outloud.ai integrates a better interaction between a client and a service by implementing voice analysis technology.

Real estate service in the USA

The Ukrainian fund Pragmatech Ventures invested $1 million in an American startup Propertymate, at the beginning of last year. The project was established in 2018 by Ukrainians, Bohdan Hnatkovsky and Sofia Vyshnevska. It has offices in New York, Austin, Kyiv, and Lviv.

Propertymate is a platform where buyers can find all information about primary real estate in new construction homes. The service charges a commission from a transaction only with clients who have carried out a purchase.

The platform is used by major players in the American real estate market like Compass, Keller Williams, and eXp Realty. Its client base incorporates Pulte Homes, D.R. Horton, Taylor Morrison, and Lennar. Over the past two years, the total number of clients has risen 65 times. This project works currently in Austin. It is planning to scale up in Houston and Dallas in the nearest future.

Online notary services

Another American startup OneNotary got investments from some Ukrainian funds like Adventures Lab, U.Ventures, Digital Future, and domestic venture capital funds. It raised $1.75 million in investments last year. The project’s founder and CEO is Ivan Zinkov from Ukraine.

OneNotary is an online US notarization platform that allows one to certify documents remotely. Previously, online notarization was legal only in a few states. Currently, it has been adopted in 39 states. Ruslan Tymofieiev draws special attention to the high motivation of the project team. They strive to enter the global market.

AI assistance for developers

A Seattle-based startup, Spice AI, raised $1 million in investments from the Ukrainian venture fund TA Ventures and other foundations and angels from GitHub and Microsoft.

This platform allows developers to leverage integrated machine learning algorithms in applications. So, they can save time and effort in building software development. The founder is Luke Kim, who previously worked at Microsoft for 10 years.

Sergey Tokarev: A True Investor Acts, Not Watches

Roosh founder Sergey Tokarev

The IT industry is booming with entry into the market becoming increasingly difficult. Young entrepreneurs have to drastically change existing niches or create some new ones. Sergey Tokarev, the founder of technology company Roosh, shared at the Cyprus IT Forum how startups and their investors can avoid fatal errors.

Sergey is an investor with perennial experience and more than 100 implemented projects. To tell the truth, there are real stars among them. For example, Elon Mask’s well-loved mobile app Reface for swapping faces on your photos and videos.

Since its establishment by Sergey Tokarev, the Roosh Venture Fund has made lots of investments, none of which are banal or prosaic. These include smart tracker Oura Ring, no-code games developer Playco, and the 3D avatar creation company Facemoji, which may soon turn social networks into a full digital universe. The so-called Metaverse is not a madman’s fiction, it is the future, Sergey says.

However, behind the loud success stories lie dozens of mistakes and miscalculations. Sergey Tokarev is not shy about his own defeats. On the contrary, the investor believes them to be the prerequisite for future victories. Since no one is safe from failure. Especially newcomers. The key is to learn the right lessons.

“Your failures will determine your further actions. What wealth of knowledge and expertise you will use in solving new problems. It is pure mathematics: more fails—more new attempts with improved expertise—more success,” Tokarev explains.

Evaluating a startup at the idea stage is always difficult. 99% of the problems lie in the people themselves as well as their vision. Often, startupers are obsessed with immediate profits. Few people care about creating long-term value. Hence incorrect calculations, unrealistic numbers, and fatal errors.

“Your first question for all the founders should be: ‘How do you see the next 10 years of your life within the framework of this project?’ If you get an answer, ‘I’ll do everything quickly in 2 years, and that is all,’ this is definitely a reason to run away. Real success comes to companies only at the age of 6-8,” Tokarev notes.

No less important is the problem the startup seeks to solve. Even the most brilliant idea, at first glance, is worth nothing unless it improves someone’s life. It is easy to check, Sergey says. Talk to people around you, share your vision. Friends and family’s reactions will tell you the right direction.

Let’s move from the idea to the more complex matter, namely analytics. You cannot do this alone. Founders often focus exclusively on the technological side of their product, neglecting other equally important components. To mention only marketing. Even with a finished product on your hand, you still need to know how and where to sell it. Sergey Tokarev advises young entrepreneurs to focus on building a high-quality team of experts from different spheres.

One of such specialists should be a risk manager. He and his team will monitor the situation in your chosen industry and in the market in general 24/7.

“For each company, we always select benchmark companies from the same area and monitor their performance, comparing with ours. When we find significant deviations, we start exploring the reason. We put questions and form a knowledge base. We have a dossier for every investment. Line by line, important parameters are added to it, which then allow us to make appropriate decisions,” shares the founder of technological company Roosh.

Sergey Tokarev advises novice investors to roll up their sleeves and get their heads into work with the selected project. Do not observe from the outside. Because a startup does not need motivational speeches (though sometimes they are the right option), but rather your networks, expertise, and experience. That is true support.

Open Banking Referencing – All You Need to Know About it

Open Banking is a new initiative and conceptual financial ideology that enables you to share your transaction data securely with third parties of your choice. This means that instead of releasing all banking information to all third-party companies, open banking allows access only to the specific services you need and want based on what you authorize and allow. This means great innovation for all consumers. But, there are some terms and things that more people need to understand. One of which is open banking referencing. Here’s all you need to know about that.

Open Banking Referencing – Meaning, Pros, Cons, etc.

Open banking referencing is all about the Open Banking Initiative (OBI) that aims to give you control of your financial data by making it easy for individuals and businesses to share access with third parties. It is important because this will help you compare offers on your own, make more informed decisions on what services you want and need, and ultimately save money.

Pros of Open banking referencing are clear right from the get-go. Users get a better, more tailored product and/or service, whilst the providers can better evaluate their customers and offer what represents their best interest. Open banking referencing means exactly what it says: all transaction data should be open and shared among banks and service providers. This means great innovation for all consumers. Open banking is a way of using your transaction data in order to have the ability to compare offers from various banks and providers. Open banking means the end of having to go around to various banks and providers, filling out numerous forms in order to get new accounts (credit cards, loans, mortgages, etc). Open banking referencing will make the whole process of comparing offers super easy. You can easily switch financial accounts between banks if better rates become available elsewhere, for example.

The cons of this technology are that it’s new and it lacks trust from customers. When the majority of consumers adjust to this new norm, open banking referencing and the concept, in general, should quickly revolutionize the world of consumer financing.

State of Referencing in Open Banking

Open banking is currently in its infancy, but implementing Open Banking referencing throughout the many markets is definitely the next step for this technology.

In most EU countries, this conceptual initiative is already working very well, however, there is a dispersion between different member states and how well open banking is integrated.

The United Kingdom (albeit outside the EU), Baltic States of Lithuania and Latvia, Germany, Netherlands, Scandinavian Countries, and France seem to be the leaders of open banking adoption. At the same time, other countries in the bloc are slightly behind with innovation but still miles ahead of the rest of the world.

When fully implemented, referencing can help every one of us save hefty amounts of money every day or whenever consumers find the need to take out loans, mortgages, etc. It does this by helping find the best banking and financial products.


Open banking referencing aims to give you control of your financial data by making it easy for individuals and businesses to share it. People decide who they share it with and when they do it. From the business standpoint, open banking is about bringing competition into the market, therefore enabling consumers to embrace innovation and to make better decisions based on larger, more accurate amounts of information. The legislators noticed that the financial sector was stagnating and that new entrants into the market couldn’t get a solid foothold, even with innovation. Hence, open banking was introduced and technology, such as open banking referencing came to be!

Who is Eligible for Medicare?

Medicare is a form of health insurance that many people can get after they reach a certain age, and, in some cases, people who are not of a certain age can also receive Medicare benefits. Medicare Health Insurance AZ recommends that people learn all their options when applying for Medicare benefits.

Although most people can apply for Medicare after turning 65 years of age, some eligibility requirements need to be met to receive Medicare.

Let’s discuss who is eligible for Medicare and the requirements associated with each eligibility.

Those 65 Years or Older

If you are 65 years or older, you can qualify for Medicare, pending a few requirements. Before receiving Medicare benefits, you must be a United States citizen or have established residency for the past five years. These two eligibilities will allow you to apply for Part B of Medicare insurance, which is hospital coverage. If you want to receive Part A hospital insurance, you must meet a few other requirements. You must also be receiving Social Security or Railroad Retirement benefits at the time of applying. If you are not receiving these benefits, you must have worked long enough to be eligible to receive these benefits.

You are entitled to Medicare benefits if your spouse is receiving or is eligible to receive Social Security or Railroad Retirement benefits, whether they are living, deceased, or you are divorced. If you or your spouse worked a government job where you paid Medicare taxes, you are eligible for Medicare. If you are the dependent of a deceased child, this can also make you eligible for Medicare benefits.

You can apply for Medicare three months before your 65th birthday. Although 65 is a typical age to apply and receive Medicare, you can receive benefits for specific reasons if you are under 65.

Less Than 65 Years

You can receive Medicare benefits if you have a disability and receive Social Security Disability benefits for 24 consecutive months. You can also receive Medicare benefits if you are receiving disability from the Railroad Retirement Board, have received these benefits for 24 straight months, and have a disability-insured status under social security law. You are immediately eligible for medicare if you have Lou Gehrig’s disease, also known as amyotrophic lateral sclerosis (ALS). Lastly, if you have permanent kidney failure and are on regular dialysis or need a kidney transplant, you can receive Medicare benefits. Having any of these eligibilities can get you Part A and Part B of Medicare.

Establishing Medicare benefits can prove to be helpful for people who are 65 years or older or have medical conditions. Medical and hospital insurance can help anyone who takes certain medications, needs frequent doctor visits, or needs a safety net in case anything goes wrong. Be sure to apply for Medicare when necessary, and if you are having trouble, find someone knowledgeable and experienced who can guide you through the process. After all, we deserve sustainable and reliable healthcare, especially as we get older.

Image via pixabay

What Is Bitcoin? Explanation By Analogy

The first cryptocurrency that has been in operation since January 2009. It is based on blockchain technology and cryptography. It was developed by an anonymous creator hiding under the pseudonym Satoshi Nakamoto. Within a decade, bitcoin has made its way into the financial mainstream as a full-fledged financial asset with unmatched long-term returns, as well as a full-fledged currency in Japanese オンラインカジノ. How does this cryptocurrency work? We invite you to read on.

The genesis of bitcoin dates back to October 2008. Someone signing himself as Satoshi Nakamoto published a 9-page document online at the time entitled: “Bitcoin: A Peer-to-Peer Electronic Cash System”. It’s a brief outline of how the alternative payment system works. Because bitcoin is precisely a payment system and a unit of account in one. Nakamoto wanted people to be able to use a digital medium of value that was not dependent on any central entity in the form of a bank or payment company. It was to be a cross-border means of payment that anyone wishing to do so could access from a smartphone, with its value dependent on the play of supply and demand rather than the monetary policy of a central bank or government. Such a practical implementation has proved possible through the use of programming, blockchain technology and cryptography. Bitcoin was launched in 2009 and continues to operate today. To best understand its model of functioning it is worth comparing it to the banking system. It turns out that the solutions used in the cryptocurrency system have their equivalents in banking.

Blockchain, or ledger

The heart of bitcoin is the blockchain. This is the database in which all transactions carried out with bitcoin are recorded. This database takes the specific form of a chain of blocks. The blocks store information about transactions made with bitcoin in a given unit of time. Each block has the same limited storage capacity, so when it gets full it is added to the chain. In the bitcoin network, this happens on average every 10 minutes and the chain gets systematically longer.

Looking for an analogy to the world of banking, blockchain can be compared to a bank’s ledger, which holds data on customer transactions and balances. The difference is that the bank is the sole owner of this database and keeps it on several servers. It is therefore a centralised system. The bitcoin blockchain, on the other hand, is decentralised, as the entire blockchain is stored by multiple users around the world (called nodes). Moreover, as bitcoin operates in an open source model, anyone can download such a database and become a co-creator of the system. It is enough to have enough space on the computer disk.

Miner or transaction validator

The key role in the bitcoin system is played by so-called miners. These are users who have nodes and special software with the help of which they validate transactions conducted in the network. In simple terms, they group data in blocks and connect these blocks to the chain. And here is an important point. Miners take a commission for grouping and validating individual transactions. For connecting a full block they receive an additional reward, which will be discussed below.

If we look for an analogy to the banking system, we can compare a miner to a customer service point which makes sure that our transfer is carried out correctly and that the balances of the transaction parties are updated. Of course, today this is done primarily digitally, and programmed banking systems are responsible for confirming banking transactions and updating the ledger.

Digging bitcoin, or issuing money

 As mentioned above, the block filled with data is connected to the chain and a reward awaits the miner who completes it. The reward is in the form of bitcoins, and these are brand new bitcoins, the first time they have entered the network as such a reward. Miners then compete with each other to add a block, a process commonly referred to as bitcoin mining. In practice it is guessing a digit from a very large series. This requires a lot of computing power, which is why nowadays specialised, energy-consuming processors (so-called diggers) are used for digging. The first one to guess wins the prize

The process of bitcoin mining can be compared to the process of issuing money in the traditional financial system. In the latter the central bank (or sometimes the government) is entirely responsible for this, while in bitcoin it is the result of computer-generated gamification. What is important, however, is that the target number of bitcoins is limited and there will be a maximum of 21 million of them. This is possible thanks to the so-called halving mechanism. It consists in the fact that approximately every 4 years the reward for adding a block to the chain decreases by half (at the beginning it was 50 bitcoins, then 25, etc…). So it is an automatic process of reducing the money supply in the cryptocurrency system.

Quicktrade Broker Review

Individuals use brokerage platforms to achieve their short- and long-term financial goals. Choosing a broker might be challenging due to the extensive range of options. Even though many brokers now offer their services for free for the most regularly traded assets, investors will still find considerable disparities in the platform’s usability, trading technology, account features, and so on. We’ve accomplished most of the legwork for you so that you don’t have to. To find the top trading platforms in the business, we put these U.S.-based brokers through a thorough assessment process that included hands-on research.

This article will focus on quicktrade broker review, a forex broker based in South Africa. Before we start, you should comprehend that there is very little information on QuickTrade’s services available on their website. As a result, you may still have questions after reading this report.

Trading costs: –

Additionally, there is no mention of fees; we can infer that none are charged based on the spreads. The spreads are recorded (and will be discussed later in this analysis). For overnight positions, you’ll have to pay or be charged for swap costs, which can be viewed in the MetaTrader 5 trading platform once you log in.

Indicators in MetaTrader 5: –

The built-in Market of trading robots, the Freelance database of strategy developers, Copy Trading, and the Virtual Hosting service are all included in MetaTrader 5. (Forex VPS). Connect to fresh trade opportunities by using these services in one spot. A desktop download, an app for iOS and Android, and even an option to trade from your browser are just some of how MetaTrader 5 is accessible.

Spreads: –

Floating (variable) spreads begin at 1.2 pips and fluctuate with market conditions as per quicktrade broker review. The spreads will rise somewhat if the Market is turbulent, but they will never go below 1.2 pips. The fact that some assets, by definition, have higher spreads than others (1.2 pips or even over 2 pips) should be noted as well. This is a standard practice among all brokers.

Usability: –

The quick trade broker review on-boarding procedure has become more streamlined in recent years. Open an account even if you don’t intend to use it straight away (you have 90 days to do so). Client Portal and IBot, an AI-powered digital assistant, can help you locate what you’re looking for on the website.

Desktop, web, and mobile trading platforms (IBKR Mobile) are supported by quicktrade Brokers, which may be used on Android and iOS devices. There is almost no contrast in functionality between this app and the web platform. However, TWS, the company’s primary trading platform, is far more powerful.

The same asset types are available on any platform. Exposure to real-time streaming information, graphing, and drawing tools, as well as analysis and media, is available on all devices. Benzinga, Dow Jones, Morningstar, Seeking Alpha, Thomson Reuters, Refinitiv, and in-house commentary are just some of the sources for news. For a monthly price, you can get access to premium news content. The watchlists you make on your mobile device are also accessible on the web and your desktop computer.

Conclusion: –

We can’t recommend others as a broker because they only accept South African Rand as a currency, and there is no information on how to deposit or withdraw. This quicktrade broker review, coupled with the fact that we were able to get through to the customer service team, means that we can recommend them at this time.

7 Investing Basics to Consider When Planning Your Finances

Monetary arranging is critical for anyone who needs to stay stable, either actually or in business. It incorporates retirement arranging, planning, protection, saving, and controlling costs to try not to be bankrupt or being in the red. Arranging your accounts might sound testing, yet you don’t should be a specialist to have your funds arranged.

Speculations are extraordinary apparatuses for monetary preparation, and they make strong establishments for any individual who needs independence from the rat race. Coming up next are some essential speculation methodologies that you ought to think about when arranging your funds.

Note Down Your Financial Goals

To design your funds, you want to have strong monetary objectives noted down. Consider explicitly stating what you expect to achieve and how to accomplish it over the long haul. Laying out up very much expressed objectives is a significant procedure that you should focus on when arranging your funds. Assuming you have a major objective, consider separating it to more modest and all around worked on focuses on that you can accomplish as an achievement. This system will assist you with hitting your objective and measure your advancement.

Pay Your Debts

Obligation is a heap that can seemingly limit you from arriving at your monetary objectives and furthermore check gold ira audits. In the event that you have numerous obligations, you’ll have a few disadvantages as you attempt to hit your monetary objectives over the long haul. Obligation draws in exorbitant loan costs and harms your standing and financial assessment with time. Accordingly, you should pay your obligations first before you leave headed for your independence from the rat race. Your main concern ought to be taking care of your obligations as a feature of your monetary arranging system. Thus, note down your obligation paying methodology as your definitive arrangement and pay them reliably and calmly until you become obligation free over the long haul vaamo.

Set up Emergency Funds

Arranging your funds isn’t just with regards to arranging and expecting everything to work out according to your arrangements. Monetary crises are extremely pervasive that you can’t easily overlook them. Infrequently, you’ll experience the need to spend your cash on items or administrations that aren’t in your arrangement. The most effective way to manage this sort of situation is to have a steady secret stash to assist you with managing such crises. It will guarantee that you don’t run into obligations.

Plan to Invest

Venture is the main fruitful method of putting your cash to flow and work for you. In any case, it begins with figuring a clear cut field-tested strategy pertinent to your monetary objectives. Think about the ideal venture that suits your objectives and regards your destinations. Additionally, contemplate the dangers implied and regardless of whether the speculation will be useful over the long haul.

Keep in mind, you should be patient and steady when you are into venture. Be submitted and centered around guaranteeing that your cash develops in light of the fact that speculation is a drawn out movement. Assuming you really want accounts for the time being, then, at that point, that is the place where crisis assets and reserve funds come in. Try not to contribute aimlessly. Guarantee that what you put resources into is a business you completely comprehend.

Secure Appropriate Insurance Policy

Protection has become all the more a need in this day and age. You might strive to accomplish your monetary objectives, yet you hazard losing everything assuming that they are not secure. You don’t need crises and unplanned harms to deliver you bankrupt, so you want to play shrewd. A protection strategy goes about as a reinforcement intend to assist you with ensuring your funds and abundance if there should be an occurrence of vulnerability or unavoidable conditions. Think about procuring a cover for your wellbeing, home, schooling, incapacity, business, or even get a vehicle protection quote for your vehicles to ensure them. Think about guaranteeing anything important in your ownership. It will go quite far in guaranteeing that you and your family are protected monetarily.

Have a Retirement Plan

Retirement plans aren’t just with regards to saving cash for your family later on. It is the most effective way of getting your future accounts. Advanced age accompanies weakness, and you may not work soon. Consider having the right annuity plan for yourself as well as your family. Obviously, you should remember your pay level and expansion level as you make such arrangements.

Be Financially Disciplined

There is no smooth way to monetary freedom. You will presumably confront difficulties en route. In some cases you might consider surrendering. In any case, you want to wait, trained and predictable. Think about utilizing your underlying monetary arrangement as your aide. Try not to overspend without an unmistakable and adhere to your arrangement financial plan. Obviously, you’ll commit errors with your funds. Relax. Gain from those slip-ups.

Keep in mind, an excursion to monetary freedom and arranging is an individual excursion. Consequently, it is vital for embrace a methodology that best accommodates your monetary objectives over the long haul. Getting ready for monetary autonomy is a main method of guaranteeing that your future remaining parts brilliant.

How to Consider Budget for Your Small Business Insurance

A survey conducted in 2010 reveals that over 90% of entrepreneurs are confident in the insurance cover that they take. The biggest fear for most entrepreneurs is that the insurer will disappear once they claim coverage. What is the common mistake when it comes to business insurance? How should you budget for insurance as a small business? How should you optimize coverage while minimizing cost? This article will answer these questions in detail.

Optimizing Coverage While Minimizing Cost

1. Prioritize Comprehensive Covers

It is important to take an insurance cover to protect against risks that will likely cripple your business. Experts recommend that you take a cover against:

  • Business and property interruption
  • Workers compensation
  • General liability
  • Automobile coverage for businesses with vehicles

It would be costly if you took each of these covers individually. Instead, experts recommend that you take a comprehensive cover to cater to all these liabilities. The items that the insurance coverage covers the better.

2. Compare The Cost From Various Insurers

Note that the cost for each cover varies depending on the insurance company. Some are cheaper than others. However, cheaper does not necessarily translate to cost-effectiveness. Sometimes, a cheaper alternative means that some aspects are not covered.
It is important to read the fine print on what some insurance covers offer. For persons who already have a cover, you can review the contract terms with the insurer.

How Much Should You Spend on Insurance?
Often at times, business owners do not think of acquiring insurance coverage until something disastrous happens. This then becomes the turning point. Averagely, it is recommended that about 25 percent of the gross income should be dedicated to insurance cover.

However, this percentile is variable. Some high-risk businesses like those in the construction industry should contribute a higher percentage because of the higher risks associated with the work.

How to Budget For Your Business Insurance?

Small businesses often don’t have enough capital to operate and take insurance cover. Note that the cost of a cover depends on the type of cover that you take. The decision on which cover to take depends on the type of industry you are in, the risks associated with your daily operations, and the managerial structure of your business. Some of the critical aspects that you should ensure your comprehensive cover has are:

  • Employment practice liability
  • Fiduciary liability and bond
  • Professional liability coverages

Currently, the business world demands entrepreneurs to take a cover against:

As a small business owner, your main priorities when taking a cover are your clients and your employees. For your clients, your main concern should be liability cover. The liability covers ensuring that the client is protected from harm to themselves or their property.

As for employees, your primary concern should be their health coverage while they are in the workplace. The employment practice liability is significant for high-risk companies like machinery businesses, manufacturing companies, and construction.

What Are The Common Mistakes Small Business Owners Make When Budgeting For an Insurance Cover?

1. Taking a Personal Insurance Cover For Business

A personal insurance cover only protects the owner of the cover. It does not cover the business or any transactions of the company. Most business owners do not know that a personal insurance cover does not necessarily translate to a business cover. Therefore, if you wish for your enterprise to be covered, you need to seek out an insurance policy for it.

2. Selecting the Wrong Agent and Cover

Different companies operate differently thus are exposed to different risks. As a small business owner, it is your responsibility to assess which risks pose the greatest threat to your business. Once the risk is identified, take an insurance policy to cover the risk.

A common mistake experienced by most business owners is taking the wrong cover or partnering with the wrong agent. Before signing the insurance contract, assess the terms and conditions. It would be prudent to seek legal advice if you do not understand a term or a phrase in the contract. Alternatively, you can ask all the questions to the insurer. Do your research and take all the time you need before you sign the contract.

3. Not Reviewing Your Insurance Policy

Policies like most contracts have an expiry date. When budgeting to renew a policy, you have the opportunity to review the terms of the agreement. Revise the unclear areas, or adjust according to the current insurance needs.

Conclusively, an insurance cover can be the make or break of a company. Choosing the right insurer and cover indemnifies you of the liability associated with the risk and protects your business from potential closure. Choose a cover that is right for you.

Applications of Blockchain in Various Domains

There are many applications of blockchain technology beyond bitcoin and cryptocurrency. Due to its ability to streamline processes and increase transparency, the technology has a wide range of applications in a variety of sectors, ranging from enabling governments to work more efficiently to how contracts are enforced.

To show the other applications of blockchain in other sectors, we have compiled a list of some applications of blockchain in various domains. Although it’s far from an exhaustive list, these technologies are already changing the way we do business.

Application of Blockchain in Other Domains

Financial Use Cases

The popularity of cryptocurrency transfer apps has exploded since Bitcoin’s inception. Blockchain has become a popular technology in finance due to the money and time it can save financial companies. According to a recent article from ComputerWorld, blockchain can save the largest banks $8-12 billion a year by enabling real-time ledgers, eliminating bureaucratic red tape, and reducing third-party fees. Examples of financial services which use blockchain services to effectively offer and better their services include;

  • Algorand
  • Gemini
  • Chainalysis
  • Circle
  • io

Smart Contract Use

With smart contracts, the terms of the contract are enforced on blockchain in real-time, therefore eliminating the middlemen and adding for all parties involved levels of accountability that couldn’t otherwise be achieved. By doing this, businesses save money and time while ensuring everyone involved is compliant with the business terms.

As sectors such as healthcare, government, and real estate discover the benefits of using blockchain technology, blockchain-based contracts are becoming increasingly popular. Some examples of companies who use blockchain to make their activities faster and smarter include;

  • BurstIQ
  • Mediachain
  • Propy INC

Apart from this, the importance of trading with a top platform, such as the Bitcoin Revolution website, cannot be stressed enough.

Internet of Things

As part of the use cases of blockchain applications, the Internet of Things (IoT) is another logical use case. An increase in IoT products use means more opportunities for hackers to steal your data on all your smart applications.

By using the transparency and reputation of blockchain technology to make things safer and smarter, blockchain-enhanced IoT prevents data breaches by topping the level of security on the network. Here are a few services that implement blockchain technology to make the Internet of Things safer and more secure.

  • Filament
  • HYPR
  • Xage Security

Personal Identity Security Uses

In 2017, more than 16 million Americans complained of identity fraud and theft, and identity was stolen every two seconds, according to identity theft experts LifeLock. This level of fraud can take many forms, ranging from hacking into personal information to forged documents. The government could reduce identity theft claims drastically in the future by storing sensitive information on a decentralized blockchain ledger. Below are a few blockchain-based enterprises providing solutions to identity theft.

  • Ligero
  • Illinois Blockchain Initiative
  • Civic
  • Evernym Inc.
  • Ocular

Healthcare Uses

While blockchain adoption in healthcare is still in its infancy, it is already showing some promise. Early blockchain solutions have shown the potential to improve information access among stakeholders, reduce healthcare costs, and simplify business processes. To trim down the exorbitant costs in an already bloated sector, an advanced system for collecting and sharing private information may be just what the health sector needs. Some examples of Blockchain healthcare backed services include;

  • Wholecare
  • Patientory
  • Nebula Genomics
  • Medicalchain

Logistics Use

Due to the large number of logistics companies crowding the industry, shipping companies complain about a lack of communication and transparency. In the US alone, there are more than 500,000 shipping companies, causing inefficiencies and data silos according to a study by DHL and Accenture. The study suggests that blockchain can solve many of the issues facing the logistics and supply chain industry.

In this study, it is argued that blockchain enables data transparency by revealing a source of truth. By acknowledging data sources, blockchain can ensure the trust in the industry is unshakable. Logistics processes can also be made more efficient and automated, potentially saving the industry billions of dollars annually. Blockchain is not only secure but also a cost-effective solution for the industry. Examples of logistics companies who use blockchain technology in their services include;

  • DHL
  • Block Array
  • Maersk
  • ShipChain


These are just a few of the sectors which are currently implementing blockchain technology to improve their services. You can check these services to see the success they’ve achieved with the use of this technology.

Sharing Bitcoin Trading Tips and Ideas – How to Start the Process of Trading?

One of the most significant things that you will have to cover, right at the beginning of your crypto journey is the actual establishment of the route that you are going to take. This is the case just because this segment is filled with some of the most innovative technological solutions that are used in a way to help you achieve all of the goals and other preferences that you have in mind. Understanding all of this, you might wonder where to actually start this journey in order to successfully reach the ultimate points of crypto success. Well, as you are already aware, you will have to establish the overall basics of the popular world of cryptocurrency. This is of great importance because you will get a chance to take a look at some of the crucial points, thus learning how to implement them to suit the specific experience that you are going to explore.

With all of this established, in order to explore all of the things that we have mentioned so far, you will have to know that the world of cryptocurrency consists of a large selection of digital coins that are used in a way to help you deal with money over the internet. There is a number of segments that are available for you to explore, including the notion of buying and selling products and services through the internet, as well as implementing those digital coins in order to exchange them for profits.

In addition to all of this, we are going to focus on Bitcoin trading, which is one of the most prominent digital coins that are currently taking over the world. So, let’s get started with today’s topic of discussion.

Include Your Goals and Objectives

When it comes to establishing the beginning process of the Bitcoin trading journey, the most important thing that you need to know has to deal with the concept of establishing the solid trading foundation that will help you navigate through the process of trading. This implies the fact that you will have to know exactly what the specifics that you would eventually want to achieve are, thus establishing the corresponding goals and objectives regarding the process of trading.

Include a Powerful Bitcoin Trading Method

Once you have explored the specification that you plan to achieve, you will get a chance to explore the most powerful Bitcoin trading method up-to-date. Here we are talking about the world of using this Bitcoin Trader software trading platform, as the major trading source that will help you explore the most profitable Bitcoin trading deals.

The simple procedure that you will have to take in order to start the process of trading has to deal with the notion of completing several simple steps that will gain you the needed accessibility, thus beginning the process of Bitcoin trading.

Create Your Trading Account

This is the first step that you will have to complete in order to start the process of Bitcoin trading. If you take a look at the simple registration form, you will find all of the things that you will have to provide in order to successfully create your very own Bitcoin trading account.

Place the Initial Trading Deposit

After the creation of the trading account, you will have to place the initial trading deposit that will allow you to further explore the world of Bitcoin trading possibilities. In other words, your investment is the key element that will activate the most powerful Bitcoin trading algorithm, thus giving you the chance to explore the most profitable trading deals.

Explore all of the points that we have discussed so far, thus designing your very own successful Bitcoin trading experience.

Getting the Hang of Crypto Trading With Trading Simulators

The future of the world of finance is virtual and every virtual currency available nowadays is an argument for that fact. The number of people getting into these currencies is on the rise, which is why they are the future. With their benefits, they make a strong case against fiat currencies.

No fiat currency guarantees the anonymity of the user and independence from third parties like banks. By doing so, digital currencies make sure to keep their users and their information safe. With that said, the profit potential is another benefit that gets the attention of many.

With that said, it’s evident why you’d like to get into crypto trading. But you’ll need to learn how to trade first. You can do this by going over the basics by yourself and learning via the trial-and-error way. Or you can go for a less costly approach and find a trading simulator platform.

With that said, it’s important to be aware of the fact that there are all kinds of simulators available online and they focus on various trading skills. That’s why you’ll need to find more than just one. If you don’t know where to start, then here are some suggestions:

Spark Profit

As a crypto trader, you’ll need to be able to predict the value of an asset as you’ll be making important decisions all the time. Spark Profit is here to help you learn that skill. You will do this on a virtual market with the popular digital currencies of today. The correct predictions will give you points while the wrong ones will deduct them. This is skill is necessary for any trading but if you don’t want to learn if you don’t need to. That’s because trading platforms like bitcoin-profit.org/ can do the trading for you.

They can do this but you need to set them first. This means you’ll need to learn about the platform’s settings and how to adjust them. For this purpose, you’ll need to create an account. Also, you’ll need to make a small deposit because you’ll need some money to trade with. Then it’s time for the tutorials and the demo account. When you’ve finished with both then you can go for a live session after which you can take on the real world of crypto trading. Oh, and you’ll get to enjoy the platform’s benefits.

Altcoin Fantasy

Altcoin Fantasy doesn’t teach any complex skills. Instead, it focuses on the basics like buying and selling assets on an online exchange. You can do this with popular digital currencies that come with real-time prices on the virtual market. You’ll also learn how to analyze the market with this app.

Then you can further improve your skills by taking part in the many competitions available in the game. You’ll play against the various other traders online and if you happen to snag the first place then you’ll be rewarded properly. The reward consists of a specific amount of virtual currency.


If you’re looking for the basic skills then CoinMarketGame is the simulator for you. You’ll become a master at buying and selling assets at a virtual market with this game and you’ll be able to take on crypto trading in the real world after some time with this game.


There are all kinds of skills to master, but you shouldn’t neglect other areas. This means you’ll need to focus on one digital currency and find the right wallet. If this happens to be Bitcoin then you’ll search a sea of wallets for a Bitcoin wallet. Don’t forget to keep an eye out for the value of your chosen asset as you’ll need to adapt to any changes to keep your assets safe.

What Bitcoin Trading Method Fits Your Trading Style? Find Out Now!

Finding out how you can easily approach the world of cryptocurrency, especially within this modern-day and age, you will have to be properly prepared to deal with each and every possible aspect of the crypto world. This implies the fact that when it comes to dealing with the latest and most innovative updates that are happening within the concept of cryptocurrency, you will have to build a better understanding of the specific abilities that you have, thus finding out what is the best possible crypto concept for you. However, before you can do all of this, you will have to make sure that you have established the basic concepts of the crypto world, which will help you kick-start your trading journey.

Just in case you are a little behind, let’s quickly go over the basic concept of cryptocurrency. Meaning, you will get a chance to deal with the most innovative digital values that exist within the most secure online environment that is protected with various digital networks, this concept is also known as cryptography. Once all of this is established, you will get a chance to explore the variety of different possibilities that the crypto world has to offer, including the concept of buying and selling things, as well as exchanging them for profits. Once you have the basic idea at hand, you will have to choose a specific digital value that you are going to explore.

Here, if you have been interested in the innovative segment of Bitcoin, as well as all of the trading possibilities that it has to offer, then this is the perfect article for you. Continue reading and you will find out which Bitcoin trading method is best suited for you, thus, start your journey to trading success.

Take Into Consideration Your Trading Goals

For you to be able to explore the world of Bitcoin trading, thus find the best-suited trading method, you will have to start with the notion of establishing the specific trading goals and objectives that you will eventually want to achieve. All of this will give you the perfect chance to deal with the concept of Bitcoin trading in the most effective and efficient way possible.

All you need to do is to take a look at the specific trading knowledge and experience that you have thus far and start by creating simple tasks that are easily achievable. Once you get a hang of the process, you will take on more complex challenges, thus exploring the notion of reaching the ultimate points of Bitcoin trading success.

Find the Bets Bitcoin Trading Solution

Once you have established the overall trading direction that you will want to explore, you will get a chance to take an in-depth look at the world of using Bitcoin Up review. This notion will give you the perfect representation of the things that you will get a chance to discover, as well as establish the starting points that will lead you to easily achieve all of the goals that you have in mind.

Here, you will find out that there is a rather detailed procedure that you will have to take, thus exploring the concept of Bitcoin trading in the most effective and efficient way possible. Make sure that you first establish the trading account that will give you the needed access to reaching the highest Bitcoin trading points of success.

The Bottom Line

When it comes to finding the perfect Bitcoin trading style, you will have to make sure that you are willing to explore all of the innovative elements that we have covered so far, think about the goals that you want to accomplish, and proceed with the segment of using the most useful Bitcoin trading methods.

Employing The Bitcoin Protocol To Unsettle Industries Worldwide

Bitcoin has specific rules, often regarded as the Bitcoin Protocol, which ensures that it runs smoothly. The innovative part of Bitcoin is not necessarily restricted to the creation of the currency. However, this can be attributed to the creation of the Bitcoin protocol. For the first time ever, it is possible to transfer all forms of property rights in a fast and very secure way.

Besides, these transactions can be carried without the involvement of a third-party intermediary, including the bank, government, or any centralized entity. In addition, it must be stressed that adopting the Bitcoin protocol to create Bitcoin currency is one of the significances of the protocol. Several businesses are built based on decentralization.

Furthermore, as Bitcoin expands in popularity and influence, there are so many business categories out there that may utilize the Bitcoin protocol to generate new products. Some of these are introduced as follows:


These are applications that remove spam by requesting a little amount of Bitcoin for each delivery. Now, take, for example, imagine that an individual decides to send out 100 emails every single day. If there is a request of, say 10 satoshis – refers to the least amount of an available Bitcoin, and is equivalent to 0.00000001 BTC – for every email that he sends, that implies that he will be required to pay nothing less than 1,000 satoshis every day – or 365,000 satoshis annually. We can all agree that this is not so bad, paying $1 a year for email just to prevent spam.

You might ask yourself this relevant question: Why would this remove spam? That is quite simple. Again, imagine that a spammer is required to make a payment for 100,000 emails every day. Consequently, this will cost him $1,000 every year. Then, email spam becomes a significant consideration and would not be abused the way it is today. Away from this, the importance of carrying out transactions with the right app is important. Several reviews, including BitQL reviews, can be useful in understanding how they work.


This includes applications that remove video advertising by charging a small amount of BTC for the period viewed.


Global crowdfunding applications ensure that project creators can easily raise funds, via Bitcoin, from different places across the globe.


These include applications that ensure that service providers get paid by a global audience.


This illustrates a great example of the way people can tip Bitcoin to online users who helped them out.


This represents one of the hottest industries that Bitcoin attempts to unsettle. Through Bitcoin, there is a possibility to develop applications that allow worldwide payments. Many Bitcoin startups are simply trying to “bank the unbanked”.


Bitcoin-focused merchant directories that provide an amazing UI for consumers.


This includes applications that grant people control of their identity, without rewiring the presence of a third-party intermediary.


It is not a strange fact that Blockchain-based technologies are already adopted in elections all over the world. This ensures that your anonymity is maintained while your vote is counted.


There are many advantages associated with adopting Bitcoin protocols. This ensures the creation of a society that eliminates “sharks” and ensures that control over activities is distributed among concerned parties.