Cryptocurrency Background

For a lot of people, the word cryptocurrency doesn’t mean anything, especially if they are not using the internet often. However, there are fewer and fewer of those people because we can see and hear about cryptocurrencies even in the news. So, what is cryptocurrency and what is the history behind it. Well, if you are interested in finding out those questions, then stick around because we will be covering the entire background of cryptocurrencies from day one when the first one was created. In case you are thinking about investing in these types of online currencies or even starting to mine them, then you should first know all the basic pieces of information and all that can be found right here.

We have done all the hard work and research for you, all there is left for you is to read this article and educate yourself about cryptocurrencies. Even if you don’t want to invest in cryptocurrencies, we recommend that you educate yourself because you will be hearing about them on the internet and news that is for sure.

History

When it comes to cryptocurrencies, the history takes us way back in time, the first foundations of cryptocurrencies date back to 1980’s when the “blinding” algorithm was invented. What this algorithm allowed people to do is make information exchanges between two parties. This is just the foundation of the e currency transfers and people called it the “blinded Money”. There are a lot of people who think they know about cryptocurrencies and they all say that Bitcoin was the first cryptocurrency and they are all wrong. There were several e coins that were used before Bitcoin. We can say that Bitcoin is the first of the modern cryptocurrencies because it first appeared in 2008 and the person behind it is called Satoshi Nakamoto.

The first public release of this coin was early 2009, people all around the world started exchanging and mining that currency. Just one year later, some other cryptocurrencies started appearing such as Litecoin. The first payments were actually possible in the late 2012 and the major merchant was WordPress and Microsoft. Soon after that other popular merchants started taking cryptocurrencies as a legitimate payment method for their services and products.

Miners

Some people only want to invest in these cryptocurrencies such as Bitcoin or Ethereum and they don’t even realize that there is another great way to get into them that is far more affordable. Of course, we are talking about mining, a process that allows people to mine these cryptocurrencies. The reason why it is called mining is that it is essentially the creation process of these currencies. To be able to mine some cryptocurrency, you will have to invest a lot of money into so-called rigs that are essentially a specially designed computer that has high-performance levels. Either way, you will have to invest money into this if you want to make a profit, you can simply buy currencies, or go the slower route and mine them.

Amsterdam Conference on Theories and Strategies for Sustainability

The Institute for Environmental Studies (IVM) at the Vrije Universiteit Amsterdam and its partner institutions invite papers for the 2018 Amsterdam Conference on the Human Dimensions of Global Environmental Change, to be held in Amsterdam on 24-26 May 2018. This conference will be the seventh event in the series of annual European Conferences on the Human Dimensions of Global Environmental Change. This year’s discussions will address the theme ‘Earth System Governance: Theories and Strategies for Sustainability’.

Conference registration is now open.

The conference will run through three days, with keynote addresses in plenary sessions, major academic presentations in parallel semi-plenary sessions, and 175 presentations of research papers in a series of seven parallel panel sessions. All presentations have been solicited through an international call for papers and have been selected in a double-blind review through an international review panel of about 70 experts. Every paper proposal has been reviewed by at least 5 international reviewers.

If you are interested in expanding your knowledge, then we definitely recommend that you register here for this conference because this will be a very educational meeting. Throughout the years before, we always had a lot of success with our conferences and we always had more and more people coming in. This year we surely expect to see a much bigger crowd than ever before because we have some very interesting topics and subjects to talk about. The main goal of this conference is not only to educate other people but to discuss certain issues and come up with new ideas that might affect the world for the better. Of course, smart ideas that can affect the entire world are not easy to come by, that’s why we are gathering a large team of professionals who have the potential that is required.

The 2018 Amsterdam Conference is co-hosted by the Netherlands Environmental Assessment Agency (MNP), the Netherlands Research School for Socio-Economic and Natural Sciences of the Environment (SENSE), the Tyndall Centre for Climate Change Research, AIRD Environment Canada, and four European research programmes: ADAM, NeWater, REFGOV, and Glogov.org. The conference is endorsed by the International Human Dimensions Programme on Global Environmental Change (IHDP) and by the World Academy of Art and Science. (more information on partners)

We look forward to welcoming you in May 2018 in Amsterdam! In case you happen to have some friends, who might also be interested, make sure that you invite them to this conference. If we want to achieve something, we need to work together towards that goal, this way we can save a lot of time and come up with much easier solutions. One of the topics that we will be discussing is about cryptocurrencies and how they affect our lives. In the past few years, they have been making a huge impact and we need to talk about them. We hope to see you soon and we will do everything in our power to make these conference days very exciting and unforgettable for you.

Cryptocurrency Summerschool

If you are really interested in technology and you are good with computers, and you are looking for a new way to improve your skills, then maybe the solution lies in the cryptocurrency summer school. That’s right there are some specialized summer schools that will educate you about cryptocurrencies. Of course, some of you might have some knowledge about these currencies, but that is nothing compared to what you can learn in a school like this. There are some people who don’t understand why they would want or need to learn about cryptocurrencies, well, to be honest, you really don’t need to learn about anything, but you are doing it for your benefit.

The same goes for cryptocurrencies, that is something that you will have for the rest of your life. Nowadays, cryptocurrencies have been getting a lot more attention than ever before and that is because the prices have skyrocketed in the past year. Nobody ever expected them to reach the amount they have, and everyone was stunned by the progress. If you want to learn more about these specialized summer schools, then continue reading because we put a lot of effort into creating this article.

Professional Education

Finding a place or people who can really help you understand and learn everything there is about cryptocurrencies is not easy. Up until recently, it was almost impossible unless you had some first-hand experience with them. Even then, the people who invested into cryptocurrencies didn’t understand everything about them. There are a lot of people who just invest money without doing any research. That is never a good idea, especially if you are investing a lot of money, you should always need to know what you are getting into before rushing things. That’s why we recommend that you visit a cryptocurrency summer school if you are looking to invest or start mining these cryptocurrencies.

The best thing about these summer schools is that they offer professional education that you cannot get anywhere else. There are people with a decade of experience with cryptocurrencies who are ready to share their experience with you. there is not a better way for you to learn about the process of mining or the Bitcoin regulations. Of course, there are a lot more things that you will learn in this summer school, but you just have to be a part of it to understand it, we don’t want to spoil everything.

Simple Registration

If you decide that you want to attend this summer school, then we suggest that you start researching about it because you will need every little bit of help and information that you can get. The reason for that is because there will be a lot of people who would want to get into as well. As for the registration part, you don’t need to worry much, it is very simple to do it, you just need to follow the instructions and give your information. If you do make it into the school, you will be contacted, and you can start this amazing adventure that will take you to some places that you never been or dreamed of before.

When to Invest in Cryptocurrencies

Cryptocurrencies are becoming more and more popular by the day, but people don’t realize that they were here for quite some time now. They are not something new, the first cryptocurrencies can be dated back to 1980’s, but they were not as popular as these modern ones are now such as Bitcoin. Of course, most of you if not all who are reading this have heard about a cryptocurrency called Bitcoin because it is the most popular one. Most likely it is the reason why you are here in the first place, you found interesting the idea to invest your money into some E currencies.

Well, if you are thinking about making that investment, we recommend that you first read this article about when it is the right time to invest into cryptocurrencies because it will help you a lot. The worst thing that you can do with your money is to invest it into something that you have no knowledge about. If you want to do it the right way, you have to do it step by step. One of the first steps is to educate yourself about these currencies in order to understand how they work. If you want to know when the right time for you is to invest money into cryptocurrencies, then stick around.

Be Patient

Giving you the right answer when to invest into cryptocurrencies is not possible because we cannot see the future and we don’t know what is going to happen. You just never know with them, anything can happen and change within a day. Just like Bitcoin suddenly increased in price, the price can suddenly drop, but that is a risk that you will have to take if you want to invest. There isn’t an investment that has 0 risks if there was everyone would invest into that. The best advice that we can give to rookies who want to invest is to be patient and keep an eye on the prices. No matter what cryptocurrency you want to invest, the price is something that you will always have to take seriously because it can make a huge difference in your profits.

At first, you want to follow the price for some time before you make your investment. The reason for that is because you can see how the price is going, if you see that it is increasing, then you probably should wait for it to stop and hope it will start decreasing.  Of course, most people are not that calm and cannot wait when they are seeing an increase in the price, they want to get into that as soon as possible. That is completely up to you, we are only suggesting that you wait some time before making a mistake.

Go with Instinct

You shouldn’t listen to some people that say they know what is going to happen next because they are just a scam. All they want is for you to give them money for absolutely nothing. We suggest that you go with your instinct on this one.

What the Future of Cryptocurrencies Holds

No matter where you look, nowadays people are talking about cryptocurrencies all the time, some say that they hold the future and that investing is a very smart idea. Well, just how smart of an idea is it really to invest in something that most of you didn’t even know existed 2 years ago. The past year has been a very successful year for every cryptocurrency investor and miner because the prices of all currencies have increased significantly. A lot of people who invested right at the start and didn’t sell up until recently have become millionaires because the difference in price was so drastic, especially for Bitcoin investors.

However, Bitcoin is just one of the many cryptocurrencies that are available now, but people seem to know Bitcoin the most because everyone keeps talking about it. The main reason why everyone is talking about this particular currency is that the price of only 1 has reached a crazy amount of almost $20.000 in December of 2017. So, people who did invest right at the start even just a $100 are now millionaires thanks to Bitcoin. Of course, not everyone was so lucky, there were people who sold it when the price was $2.000 thinking they made a huge profit. Here is what the future of cryptocurrencies might hold for us.

Regular Paying Method

One of the things that every cryptocurrency investor is hoping for is that it becomes a regular way to pay for things. Of course, there are various locations and stores that offer the option of paying in cryptocurrencies such as Bitcoin, but there are still not enough of those places. What people are hoping for is that cryptocurrencies will be accepted all around the world as a legal way to buy things. there are some countries that don’t allow any type of cryptocurrencies and for people living there, it is a very bad thing because if they want to start investing or mining, they will be doing it illegally. The main reason why it is illegal in some countries is that people fear of it, they cannot control it and put their hands on it, so they rather not deal with it at all. We surely hope so that the situation will change in the future and that you will be able to buy anything that you want with any cryptocurrency.

Stability

If you take a look at any of the cryptocurrencies, you will see one thing that they all have in common and that is they are not stable. What we mean by this is that the price of them is changing quite rapidly. It cannot be compared to $ or £ because of the changes much more drastic. We can hope that in the future that will slowly stabilize. Of course, for people who invested, they would want to see drastic increases in the price because that will mean they made a huge profit. So, this stability can be both a good and a bad thing, depending on your standing point.

In Which Cryptocurrency to Invest

Everyone is talking about cryptocurrencies and crypto mining nowadays, but nobody really wants to share any detailed information other than they are making a lot of profit. If you want to invest in mining or a certain cryptocurrency, you will need to get some more detailed information. We are here to help you with that, to be more precise to help you decide in which cryptocurrency you should invest your money into. People keep talking and talking about Bitcoin, but not that many people seem to mention some of the other cryptocurrencies that are also available.

The reason for that is because the people who are talking about these currencies want to get your attention and the easiest way is to use the most powerful and expensive currency of them all. However, we think that you should definitely know about the other cryptocurrencies that are also available for investment because there can be some good investment options. In this article, we will be going through some of the most profitable investment options that you have with cryptocurrencies. So, if you don’t want to make the wrong choice, we suggest you read this article and follow the advice that we give.

Mining

If you are looking for an investment option that will constantly bring you money, then you need to look into the cryptocurrency mining. You might have heard about crypto mining before, but if you don’t know anything about it, we suggest you do your research. What crypto mining essentially is a process of mining these cryptocurrencies using a powerful computer called rig. Depending on what cryptocurrency you want to start earning, you need to build the right rig type. For example, mining Bitcoin requires some specialized machines that are very hard to find, but if you want to start mining, we suggest starting with Ethereum because all you need is some regular computer parts. The most important hardware part of this mining process is a graphics card, so you want to make sure you get expensive graphics cards that will do the job. Some of the top graphics cards for mining nowadays are the RX 580’s and the Vega cards.

Choose a Reliable Cryptocurrency

The one rule that you should follow when picking a cryptocurrency that you will invest into is to find one that is reliable. You don’t want to invest a lot of money into something that might be gone in the next few months. Things like that happen all the time, you need to find a reliable option such as Bitcoin, Ethereum, Litecoin, Dash or ZCash. The reason why these currencies are more reliable is that they have a solid background and they have been around for quite some time. it is completely up to you to choose the currency that you want to invest into, you can make the best decision of your life if that currency increases in price after you have invested. You just never know which one will be the next big thing.

How Cryptocurrencies Affected the World

When it comes to cryptocurrencies, most people don’t understand what really is happening to the world.  If cryptocurrencies didn’t exist, a lot of things in our society would be different now. Of course, these changes that cryptocurrencies gave us are both positive and negative. No matter what you have head previously about them, there are a lot of good things that have happened because of the influence of cryptocurrencies and there are a lot of things that will happen in the near future. The main reason why they have the strength to affect society is that they are a currency that is not controlled by any government and that makes a huge difference.

There are a lot of people in the world who completely flipped their life because of the power of these E currencies. If you were to invest in Bitcoin back in 2009, now you would definitely be a millionaire, but nobody knew that can and will happen. Back then, people who invested, made the smaller investment because it was very risky. However, as years went by, these currencies have gained a lot of popularity all over the world. Some countries didn’t like the way it affected their economy and they have simply banned them from any use. Here are some of the few examples of how cryptocurrencies affected our world and society so far.

Millionaires

One of the most surprising things that happened thanks to cryptocurrencies is that regular working people became millionaires without even realizing it. In the beginning, there were people who invested into things like Bitcoin and they simply forgot about their investment because there weren’t any huge changes or anything. However, in 2017, when the price of Bitcoin skyrocketed, people started remembering that they had made some investments back in the day. People who successfully remembered their accounts were very lucky because they actually became millionaires just within few seconds. Their lives will never be the same, even for people who made smaller investments of few hundred dollars.

Of course, even if you invest your money now into them, you can make a profit in the future because nobody knows what is going to happen next. The price might jump to few hundred thousand dollars and then people who invest now will become rich. However, everything can go the other way too, the price can fall off and you will lose your money. That is one of the risks that you get when investing into something, you can lose, and you can win.

Mining Job

Some people invested their whole life savings into something called crypto mining because they believe they can mine these currencies forever. Of course, that is completely possible and if that is the case, then these people made one of the smartest choices. The great thing about mining is that you constantly are getting profit. Within a year, you can get your investment money back and after that, all that comes is pure profit that never stops coming in, just like having a full time paying job.

How to Start Mining Cryptocurrencies

You have definitely heard about mining and you know what that means, but if we say crypto mining, you might not understand it. If that is the case, then you are in the right place to find out what crypto mining is. We have specially made this article about mining cryptocurrencies, we have all the information that you will need to start your own mining rig. So, if you are interested in investing in crypto mining, we suggest you read this article very carefully because there will be some professional tips and tricks that will definitely help you succeed. Let’s start by explaining what crypto mining is to people that don’t know, it is a way you can earn cryptocurrencies and all you really have to do is put together a machine.

These machines are called rigs and they consist of various computer parts, in case you want to mine Ethereum, you will need some powerful graphics cards, a motherboard that can host more GPU’s at once, PSU, processor, RAM, and SSD. Basically, what this rig is a computer with more graphics cards. Most miners use from 6 to 8 cards on one rig. Depending on what you want to mine, your profit can be different, but lately, Ethereum was the most profitable option.

Invest in a Rig

Now that you know what crypto mining is and how it works, you are ready for the next step and that is investing into a mining rig. The great part about this is that even if everything fails and cryptocurrencies disappear, you will be left with all those computer parts that you can sell. Therefore, the risk that you are taking is very low because you can get most of your money back just by selling the equipment. If you decide to invest directly into cryptocurrency, you cannot get the invested money back if something fails. That’s why this might seem like a much smarter investment idea. Furthermore, it is better than regular investments because it allows you to constantly gain profit.  once you rig starts mining, you never shut it down, it should be working 24/7 this way you are earning money while doing nothing. Of course, depending on what kind or how much rigs you have, your profit will be different. Overall, we had only positive feedback from veteran miners because they are doing this for a long time and they didn’t regret it.

Creating a Wallet

Other than buying all the hardware for mining, you will have to create a certain account on websites that allow you to store that money on. These websites are essentially internet wallets that will keep your cryptocurrencies in a very safe place. You can look at them as PayPal. You want to do your research about the wallet that you are going to choose because making a bad decision can cost you a lot of money. You want to find a wallet that is very reliable and offers high security. Mostly these wallets are not free, but that monthly fee is worth paying because you get extra safety measures.

Following a Crypto Strategy

When you decide to make a serious investment into cryptocurrencies, then you will need to have and follow a certain strategy. Otherwise, you will be taking a huge and unnecessary risk of making a bad decision and the bad time. Understanding cryptocurrencies are the most important part if you want to invest in them, it is a very bad decision to invest if you don’t understand their purpose and how they work. First, you want to get as many information as you possibly can, that will help you avoid a lot of rookie mistakes and just like that you will save yourself a lot of money. If you ever have the option to avoid expensive mistakes, you should always take them because wasting money is the last thing that you want.

Learning and educating yourself about cryptocurrencies is a small sacrifice that you should definitely make. If you want to succeed at something in life, you always have to do it the right way, people that fail are the ones who took the “easier and simpler” route. Therefore, make sure that you read this article and you will find a lot of helpful information about crypto strategies and how to use them to your advantage.

Investment

The first strategy type is the investment strategy that you have to create if you are looking to invest money into a long-term solution. Meaning that you will not sell the invested cryptocurrency until a certain point when the price is very high, and you made a huge profit. When investing like this, you have to be very careful about it because you need to know when it is the right time to sell your investment. Cryptocurrencies are constantly changing their price and that will always be that way. Therefore, you have to be on point with every little change and keep a record. The price of a currency can keep climbing for two days, and then the third it reaches a peak point.

After that peak point, the price will start falling, in some cases, the price can drastically change, and people end up losing a lot of money that way. however, if you have and follow an investment strategy, then you shouldn’t lose anything. One of the easiest strategies that you can make for yourself is to set an exact amount and you will sell when the price reaches that point. If it doesn’t, you are not doing anything with the currencies. This is a very easy way to control yourself and prevent losing a lot of money.

Trading

The second type of strategy is designed for people who don’t want long-term solutions. People who want to make a profit instantly. If you want to use this strategy, we suggest that you take your time with every decision because you can easily lose the invested money. If you make the right investment at the right time, you can make thousands of dollars within just 24 hours, but also you can just as easily lose it.

Cryptocurrency Trading Tips

If you want to get into cryptocurrency trading, then we suggest that you read this article because we have prepared some very professional tips, tricks, and ideas that will help you succeed. If you don’t have any trading experience, then maybe you should start with something easier because, with cryptocurrency trading, you can easily lose a lot of money if you don’t know how to avoid rookie mistakes. Even if you are an experienced trader, you need some special training or guide that will help you understand cryptocurrencies because it is completely different from what you are used to. This is your lucky day, we will be sharing some pro tips with you, and all that you have to do is follow our instructions and you will be making money in no time. Here is a short list of some pro tips that we managed to gather.

Don’t Trust Patterns

One of the most common rookie mistake that beginners do all the time is they just look at the patterns in the graph. Of course, you have to take the graph in your final decision, but it should be the main or the only thing you are basing your decision on. The reason for that is very simple, cryptocurrencies are nothing like real money, they are far more unpredictable and that’s why there is so much risk at all times. You just never know what will happen in the next 24 hours, everything could just disappear into thin air.

Everyone thinks about cryptocurrencies as a very smart idea because they all believe it will only go up in price just like Bitcoin did at the end of 2017. Well, that is definitely the wrong mindset, you always have to be ready for failure, that’s what is going to make you do smart investments. If you think that the prices will go only up, then with that logic, you should be able to invest in anything and just wait for profit. As we said, you should watch the graph, but have some other information also.

Know When to Close a Trade

If you are a person who doesn’t know when the right time is to stop, then cryptocurrency trading is definitely not for you, especially if you are easily influenced by money.  People have been losing everything because they don’t know to quit on time. In some cases, people start to lose money and they still keep the currency because they so strongly believe that the price will go up again and in just one day, they can lose everything. Of course, this is not really a tip that you can use, but we hope that you will take this advice seriously and if you are not good at making a decision, don’t invest. You just have to put your foot down at some point. It is nice looking the price going up, but you need to have a set limit that you will follow and know when to cash out.