Category: Blog

Cryptocurrency 101: 5 Bitcoin Trading Tips to Grow your Savings

The year before saw Bitcoin grow from a cryptocurrency with dubious origins to a legit currency traded like stocks. Never mind that its real world equivalent amount still fluctuates questionably; the revolution has begun.

What’s So Special about these Coins

If you’re dying to get in on the action, read on and find out what you need to know to start trading:

  • A Global Market. If you’re looking at getting more out of Bitcoins, know that it is being traded internationally. It also isn’t controlled by real-world currency devaluation, although global events controls fluctuations or rises in the Bitcoin-trading value.
  • An Unpredictable Force. As previously said, Bitcoin has fluctuations and rises in value all in its own. In a month—or week—your Bitcoin may lower in value, but the next it may suddenly experience a spike. Keep this in mind when saving your Bitcoin or trading them.
  • A Cutthroat Sphere. As a virtual currency, Bitcoin trading is still relatively unexplored territory. Make sure to observe your instincts on trust, location, fees, and the like before trading. You never know whether you’re a hustler or you’ll be hustled.
  • A 24/7 Market. Trading Bitcoins doesn’t need a specific time of day to do. Bitcoin exchanges operate exclusively 24/7. As much as exchanges can be created almost anywhere, there’s also no official price but the general, all-inclusive global range.
  • Learn to Keep your Cards Close. One more thing you need to know is to NEVER tell anyone the amount of Bitcoins you have. Just as much as you value your bank secrecy, treat your Bitcoin stash like how you treat your hard-earned, real-time money.

Unchartered Territory

No one can tell what else to expect when dealing in Bitcoins, but one thing’s for sure; it’s a big part of the incoming future. Trade in Bitcoins now ahead of everyone else to make sure you’re set for life in cryptocurrencies.

Self-Service: 6 Tips to Paying Yourself First

It’s hard to create savings, but even harder to maintain them. The secret lies in letting yourself in on the fun; letting yourself experience the fruits of your hard-earned labor is a good way of creating intent to keep your savings going.

Here are some tips to keep growing your personal fortune:

  • Create some self-goals. It’s easier to save when you’ve got a reason behind why you’re saving money. Is it for new shoes? New clothes? That new car or good home you’ve been wanting? Whatever the reason, it also becomes easier—it even becomes a habit—if you’ve got well-defined goals on why you save.
  • Make a real budget. Once you have goals, break everything down into budgets. You should include savings as a part of this budget, and stick to these plans.
  • Create a budget plan. These budgets should be followed to the letter, unless you don’t want to realize your goals. If you have a set amount for an expense, don’t go over it.
  • Do you need it vs. Do you want it. Defining your needs against your wants will help you avoid unnecessary expenses. When a new phone comes out, do you need to buy it or does your old one work just fine? Decisions like these should make it easy to skimp on buying.
  • Create a second account, and then forget it. It also helps to create an account separate of your active one. This works like a piggy bank, where you only touch the funds when you really, really need it. An added bonus is when the bank account grows over time with interests.
  • Stick to benefits. An added technique is to avail of the benefits offered at your job. Not having to pay for this allots more money to your personal savings and other expenses.

It’s not easy to avoid buying on impulse or feeling like you deserve something. Sticking to your financial goals, and following them through, though, helps a lot in avoiding ‘impulse buying’ and other expenses.

Business Minded: 5 Ways to Grow your Fledgling Business

Some people are born naturally business-minded but don’t manage to get their plans off the ground. Some people are born without natural business acumen, but manage to create a successful business from nothing. Whatever you may be between these two, know that a successful business doesn’t happen overnight and may take lots of years to grow.

Growing it patiently can happen if you consider following these suggestions:

Get the Right People

If you could, get the right people who have the same thinking such as you—people who are as driven and as goal-oriented. If you should hire people, however, learn to remember them as people, and not only as employees. Caring for your peers goes a long way.

Know your Limits

You should have a limit to your risk-taking the last thing you want is your business going into bankruptcy or having apply for an IVA. Every business has risks to consider taking when it’s growing, but taking on these risks smartly defines what a successful business decision should be. You should also know exactly what your business—or personnel—are capable of, and build on those strengths.

Focus on your Goals

Goals can easily be defined as what you view your business to be in three years. A good road toward achieving that is to know your market and adjust your strategies accordingly. This should create a culture of excellence where you and your people, or partners, know exactly what you need to do to reach that goal.


Adapting means resiliency to challenges and learning from mistakes. This is made easier if you’re passionate about what you do, and it’s a two-way street—your passion lets you adapt to these challenges, and as people see your passion, they learn to feed off it as well in growing your business.

Don’t Forget the People

You should not just mind the people working for you, focus on the most important asset of all—the people who need your product or services. Good service always translates to good sales. Learn to take care of your clientele, and in a way, your clientele will take care of your business.

These suggestions can and will help your goals if you learn to adapt the best into your business. Be brave, take smart risks, and know what your limits are, and watch your business grow.