Quarkcoin Cryptocurrency

Reviewing Digital Currency

Best Bitcoin Wallet Investment Strategies

We’ve come a long way in the world of the best Bitcoin wallet investments. In the early days of Bitcoin, the prices for a single BTC would be $0.01. Today, the price is $700. What a difference. The best bitcoin wallet investment strategy landscape has changed in the past five years. With the introduction of Ethereum, Dogecoin, Litecoin, and other competing digital currencies: Bitcoin has gained some competition in addition to market cap.

Big Money, Big Responsibilities

A bitcoin wallet holds funds like these.

A bitcoin wallet holds funds like these.

Bitcoin has 80% market dominance in cryptocurrency. The best bitcoin wallet strategy here is to place your faith into Bitcoin. Because with such a large market cap, it is too big to fail in the digital currency market. Bitcoin has such a huge head-start over its competitors, and is the original digital currency. All of the coins in competing blockchains have features which are easy to implement into Bitcoin.

Speaking of feature implementation, Bitcoin has had many block size debates in the past. One group of people want to increase block size. The other group wants to keep the block size the same, citing Satoshi Nakamoto’s original intentions. It’s obvious that Bitcoin needs to improve to maintain its lead over the competing cryptocurrencies like Ethereum. Bitcoin needs a technological advantage to achieve long-term sustainability in growth. Right now, merchants just aren’t interested in accepting such a slow digital currency.

Buy Low, Sell High

Bitcoin and Ethereum are both viable cryptocurrency investments.

Bitcoin and Ethereum are both viable cryptocurrency investments.

Crowdsales are happening every month. They let you buy into new releases quickly at a low price. But choose wisely, because not all coins are created equal. Ethereum’s inital crowd offering was an incredible deal because Vitalik Buterin was the one behind it all. When you have a person working on nothing but Ethereum, it is bound to be a successful project.

Since then, Ethereum has climbed in value to $20, then back down to $10. Which is why selling high is important. Where there’s massive hype, the price is bound to eventually drop. Sell when you think the interest has peaked. This is when the price is starting to move down and less buyers are entering the market. On the other hand, just holding the btc in the best bitcoin wallet would have been sufficed to net a 3 times return this year. For large scale market cap companies and coins, just holding for the long term is a better strategy for investors. For example, Google and Berkshire Hathaway are large companies that have been on the rise for ages. That’s why it’s so important to hold certain companies for a long period of time before dropping them.

Be on the lookout for new digital currencies

Ethereum is one cryptocurrency that has hit the legendary $1B market capitalization. It’s a milestone that only truly valuable digital currencies can reach. One billion dollars is a huge amount of value for a project. Most projects only receive a few million dollars in funding, while Ethereum has completely overtaken all of its competition.

The primary reason Ethereum is crushing its competition is because of its smart contract functionality. Vitalik Buterin mentioned that Ethereum will be like a smartphone, but for digital currency. The current coins all have different features, but aren’t combined into one. Bitcoin wallets cannot create other digital currency tokens. With Ether, it’s possible for multiple token types to be created.

And this is not once in a lifetime opportunity. In the world of cryptocurrency, it is normal to see prices move from pennies to dimes, to dollars. The price of Ethereum has increased by fifty times since the initial crowd sale.

Keep your Bitcoin Conveniently Accessible in Online Wallets

It’s vital to keep your trading funds easy to access for when you need them. On the other hand, an investor never keeps his funds all in online exchanges. After all, Bitfinex was recently hacked for $100M and users lost 30% of their holdings. Such an event is common in this industry. The compromise here is to place your Bitcoin in a secure online bitcoin wallet like bitcoin-wallet.net with bonus security and investment features. When big opportunities come, you can swoop in with the BTC deposit into an exchange to maximize the return. If you keep all the Bitcoin in cold storage, it could cost you a massive trade opportunity and cut into your profits.

 

 

Quarkcoin Reviews the Ethereum Wallet Features

Before discussing how to buy Ethereum, or an Ethereum Wallet, it is necessary to find out exactly what Ethereum is. The fact is, Ethereum is a new crypto-currency. To make things even clearer, it’s important to define the term Crypto-Currency.

Defining Cryptocurrency

A cryptocurrency is a digital or virtual currency, which has not been issued by a traditional source such as a bank, or any other registered financial institution. Purchases may be made from both online and physical stores using cryptocurrencies as payment. The first viable cryptocurrency was Bitcoin.
Bitcoin is another coin similar to Ethereum, although Ethereum has the reputation of being “better than” Bitcoin.
One of the easiest methods of buying Ethereum is to use Bitcoins, although it may be a complex process to acquire Bitcoins if a cryptocurrency trader does not already own some. To acquire Bitcoins before exchanging them for Ethereum, the prospective trader can use the services of ShapeShift.io, or Poloniex, the altcoin exchange. Kraken, the European cryptocurrency exchange is a place where cryptocurrency traders can either buy Bitcoins and exchange them for Ethereum, or buy Ethereum straight away without exchange for other altcoins.
Ethereum can also be bought from cryptocurrency trading companies such as Bitrush, Bittylicious, Coinimal or Iconomi. To purchase Ethereum from these companies it will probably be necessary for the crypto-trader to use a Debit Card such as GYROPAY, NETELLER, OBT, SEPA or Skrill.
If none of these methods are available to the crypto-trader, he or she may buy Ether with a Credit Card. The best method of doing this is to first purchase Bitcoins from an exchange such as Circle or CoinCorner.
If it is a matter of necessity, a crypto-trader will find it possible to purchase Ethereum through the services of PayPal. This is a round-about method of acquiring Ethereum, because the trader will first have to purchase SSL from VirWox and then follow this step by trading the SSL for Bitcoin.

Ethereum and Bitcoin Alliance

Ethereum and Bitcoin Alliance

Yet another method of buying Ethereum is to purchase it with what is called Fiat Currency. This term refers to the various real-world currencies such as the GBP, AUD, USD, the Yuan etc.
Once the crypto-trader has acquired some Ethereum, the safest way to store it is in an Ethereum Wallet. There are several brands of Ethereum Wallet:

Ethereum Wallet is the desktop version of an Ethereum wallet. This wallet accepts Bitcoin and other altcoins. These cryptocurrencies can be stored as ether in an Ethereum Wallet. This wallet has integrated with ShapeShift.io which makes Ethereum transactions easier.

Etherwall is an Ethereum wallet that can be installed with a Geth interface; Geth being a command line which uses, sends, receives and creates contracts with Ethereum. By installing Etherwall with Geth, the crypto-trader is creating an easy method of transacting with the Etherium network.

One option is a Java-scripted Ethereum wallet which can be used to create a safe wallet without the need of a command line such as Geth. It can also be used to create a paper Ethereum wallet, although a paper wallet is not considered to be a secure wallet. This Ethereum wallet can also be created using a Chrome Beta extension, which improves the user interface.

Ethereum Wallet is an Ethereum wallet that is still in the Beta phase and because of this it is not a safe place to store large amounts of Ethereum. This wallet has been developed by a new compnay and it is run on a client-side JavaScript.

Finally, the last option is an Ethereum wallet with enough flexibility to support brain wallets, bulk wallets, single wallets, split wallets and vanity wallets.

Meanwhile, ethereum-wallet.net is one of the best Ethereum wallets online to securely store Ethereum. This Ethereum wallet is a responsive service that offers a mobile browsing option. Despite the complexity that is normally present in transactions involving Ethereum, this wallet is easy to use. This Ethereum wallet has been designed with security as a primary focus. Crypto-traders will be happy with the frequent back-ups and cold-storage of Ether that this Ethereum wallet provides. Once Ethereum is stored in a secure Ethereum wallet such as this one it is completely immune from government interference and inflationary rates. Another reason to rush your Ethereum into a secure online wallet such as ethereum-wallet.net is that Ethereum is in relatively short supply. The support team at ethereum-wallet.net strives to offer absolutely the best Ethereum-based services on the internet. On this site, it is easy to register and create an Ethereum wallet. Interested crypto-traders can just sign up to immediately receive answers to their questions about how to use the site. By creating an Ethereum wallet on this site, crypto-traders will become part a team that is actively helping the community of Ethereum traders to grow and mature.