Profit

The original cryptocurrency Bitcoin (BTC) – digitally mined and Gold – mined from the ground, are two different lucrative investments, which share a great deal in common and most people massively invest to generate profits.  However, precious metals and digital currencies are different assets and serve different drives in an investor’s portfolio, and it is very important to know these differences. They also possess some small similarities.

Because of far-flung use cases of blockchain and cryptocurrencies, a lot of Italians and other people globally have been asking how to securely invest in this nascent technology. Here are the main tips and factors investors in Italy need to understand before investing in the crypto, blockchain and distributed ledger technology sector.

A new decentralized stablecoin from USDDex Japanese company will be available for purchase by crypto investors 1 month before its launch on cryptocurrency exchanges in a limited number with 45% bonus.  

The EO Referral Program, already touted to be a significant addition to the ecosystem has been launched, and more details can finally be revealed. Offering 30% of transaction fees for each referral, it is expected to be the highest paying crypto referral program of 2019.

Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources.

ICOs, or initial coin offerings, have been around for a few years now. However, it was only the last year when they stepped out of shadows and magnetized the attention of mainstream media, regulators, and, most of all, wannabe investors. The examples of astonishingly successful campaigns that managed to raise millions in a few minutes inspired lots of other ‘disruptors’ to run a campaign of their own.

Bitcoin (BTC), the flagship crypto soared in 2017 and hit 1700 percent growth in a single year. For those who had invested earlier before it increased to that rate harvested with two hands, but to investors who missed that opportunity or invested in BTC late are not certain whether or not they will leap any profit from BTC.

Humanity has always been trying to look into the future for profit. The idea that you can peek beyond the horizon and take the advantages of what you see, having beaten the tribesmen, is so seductive that people try out all possible ways of doing it, including the most exotic ones. Today’s technical progress, in comparison with such ancient methods as reading palm lines or tea leaves, enables forecast methods which can be proven.

The mining of Ethereum using a graphics processing unit (GPU) is not profitable anymore, as revealed by Susquehanna, a U.S-based world trading & technology company. According to a report by CNBC on November 13, 2018, Susquehanna's data shows that the prolonged decline in digital currency markets and slumping network hashrates is the main reason for the profit reduction.