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How do I start investing in crypto currency smartly? Is it too late to start?

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Someone ask me on Quora: How do I start investing in crypto currency smartly? Is it too late to start? My Reply: The best was probably in 2011. But you are not too far behind. I can say entering while the weak hands are exiting is a perfect time. The market is red, everyone is panicking. I'll suggest you start with Bitcoin. The reason is not farfetched. It is the first and the most secured cryptocurrency there is. Concerning investing smartly, well continue to ask questions from people who have been there, done it make mistakes and learnt vital lessons along the way. You can't avoid mistakes, but you can minimize it if you follow people who know a lot about cryptocurrencies. Crypto Twitter will be a place to go. Also I answered a question about investing in Bitcoin. You can read it  here . Want to gift your love ones customized watch for this holiday? Visit our  website to order yours.

Crypto Skeptic Paul Krugman Says Bitcoin (BTC) Has More Utility Than Gold

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Vocal cryptocurrency skeptic Paul Krugman is offering a more complete picture of his views on Bitcoin and blockchain. At ChainXChange, a recent blockchain conference in Las Vegas, Krugman joined Fundstrat co-founder Tom Lee and Ripple’s chief marketing strategist Cory Johnson on a panel focused on the future of money. From the start, Krugman admitted he hasn’t looked at the entire cryptocurrency industry at large, and has instead focused on trying to learn how Bitcoin works. “Bitcoin is the only one I halfway understand,” Krugman said, reports Nulltx. Krugman then admitted that despite his concern that Bitcoin mining uses a lot of energy, the leading cryptocurrency already has more utility than gold. Gold is dead… Bitcoin has more utility than gold. There is some chance for Bitcoin to be valuable in the future.” When comparing Bitcoin’s utility compared to fiat, Krugman says his major issue is the cost of transactions used to transfer BTC. He believes if those fees were...

Despite its 70% Price Drop, Bitcoin Surpassed Gold in Settlement Volume

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Nic Carter, is a highly respected cryptocurrency researcher. He recently stated that Bitcoin has eventually surpassed the OTC gold market most especially in terms of settlement volumes, undermining the 70 percent fall in its price. In accordance to the clearing statistics of the London bullion market (LBMA), about five major clearing members of the LPMCL which includes HSBC, ICBC Standard Bank, Scotiabank, JP Morgan, and UBS, the global gold over-the-counter (OTC) market is now on track to settle about $446 billion in 2018, after it had settled just less than $30 billion on a monthly basis ever since January. Carter explained: “I’m conservatively estimating the London OTC market for gold, overseen by the LBMA, at 70% of global volumes. They publish clearing statistics. With these I can estimate the total net volume of regulated gold settlement at $446b for 2018 (based on 6 months of data). Conservatively, (adjusted estimates), Bitcoin has settled about $848b this year, an...

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