Category: Crypto (Page 1 of 5)

What To Do Following a Cryptocurrency Scam: A Helpful Guide

Cryptocurrency Scam

Published by FrankNez Team.

It can be devastating and even embarrassing to fall for a crypto scam. However, it happens to a lot of people.

In fact, in 2021 alone crypto scams cost Americans roughly $1 billion dollars in loss, with more than 46,000 people affected.

In this helpful guide, we’ll share the basics of what a crypto scam is and the steps to take if you’ve fallen victim to it.

What Is a Crypto Scam?

Crypto scams can take many forms.

In short, they are when someone is deceived, leading them to invest money in a fraudulent cryptocurrency or scheme. 

In some cases, the scammers may never have any intention of investing your money for you.

It’s possible they could just take the money you transfer to them, and then stop replying to you.

The methods to win over your trust can include:

  • Establishing a fake website;
  • Imitating a legitimate cryptocurrency;
  • Falsifying celebrity endorsements;
  • Guaranteeing a profit on your investment;
  • Speaking to you over the phone.
  • And more.
For You: How to Invest in Crypto for Beginners

Proving You Were Subjected to A Crypto Scam

Crypto scams are a crime and should be reported to the relevant authorities.

For example, US residents can file a complaint with the Internet Crime Complaint Center, amongst other regulatory bodies.

Even if you are not a US resident, you can still report the crypto scam to which you have been subjected to these same bodies.

Whilst there is no guarantee you will get your money back, reporting a crime such as this can help prevent it from happening to others.

Some authorities will only act on a report once a certain number of people have made a claim against the same scammer.

Here’s how to provide the necessary evidence for the case.

Screenshot Your Correspondence

You will need to provide evidence of the financial loss you have suffered as a result of the scam.

For instance, you may have initially been contacted by the scammers via email or text message.

Make sure you do not delete this correspondence.

Save Proof Of The Transactions You Make

Additionally, it can be helpful to have proof of any money you transferred to the scammers.

Whilst these financial records may be available online or on your banking app, certain information may be deleted or lost over time.

When taking legal action due to a crypto scam, the process can take longer than your digital financial records last.

To make sure they are safe, obtain a hard copy.

Printing them out is a good way you could do this.

Reach Out To Other Victims

Certain social media platforms may have groups made up of individuals who have been subjected to similar scams.

Some of these individuals may also have had money taken from them by the same fraudsters as you.

You may be able to get in touch with these victims and encourage them to come forward.

This may encourage the authorities to take more urgent action due to the widespread nature of the scam.

Related: List of 4 Best Crypto Exchanges for Beginners

How To Avoid Falling Victim to Future Scams

How to avoid a cryptocurrency scam.
How to avoid a cryptocurrency scam.

It pays to be vigilant when it comes to cryptocurrency investment.

There are many impersonators who will try and prey on the unsuspecting online.

Anybody can be deceived by crypto scam artists. 

For example, a pyramind scheme scammed investors from all over the world to a total of $300. 

The Federal Trade Commission (FTC) also reports that the total lost to crypto scams amounts to over $1 billion since the start of 2021.

The median loss comes to $2,600.

There are certain things you can do to reduce your risk of suffering financial losses in other crypto scams.

For instance, you can:

  • Contact the companyTrust your instincts and do this if you think something feels amiss. As well as doing so through channels such as telephone and emails, it can be helpful to also contact them through a more public and transparent platform such as social media.
  • Withdraw your investment – You should be free to back out of any legitimate crypto investment. If the company refuses to let you, this should be interpreted as a red flag. You should also never agree to pay any fees to withdraw your own money from a cryptocurrency company. Legitimate crypto organizations will not ask you to do this.
  • Seek legal assistance – An attorney can help you when looking to reclaim the finances taken from you as a result of the cryptocurrency scam.
  • Trust carefully – Following the advice of someone you have never communicated with in person can be risky. When possible, seek the guidance of someone you can converse with in real life.
  • Boost your cyber security – It’s also important to make sure your cybersecurity is kept up to date. Outdated and inadequate security software can make it easier for hackers to access your accounts for nefarious purposes. A VPN is a good way of boosting your cybersecurity. You can download a VPN here to protect your sensitive data.

Act Quickly and Take Protective Measures

What to do following a cryptocurrency scam.
What to do following a cryptocurrency scam.

Hesitating before reporting a cryptocurrency scam is not advised.

Alerting the relevant authorities to what has happened to you can be more effective when done so as close to the event as possible.

If you wait too long before taking action, then the scammers may be able to cover their tracks.

If they cannot be traced, the odds of reclaiming the money that has been taken from you can diminish.

Make sure to follow the safety tips above to protect yourself from scams in the future.

Once you build your cybersecurity ecosystem, you’ll safeguard your sensitive information from hackers and snoopers.

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Cryptocurrency Analytics and Forecasts

Cryptocurrency Forecast
Cryptocurrency forecast | Crypto analytics.

Published by FrankNez Team.

Many people have heard about the existence of cryptocurrency trading platforms, and they do not mind trying to increase their capital at such exchanges.

For cryptocurrency trading to be profitable, it is not enough just to be lucky.

It is necessary to deeply study the work of all the financial mechanisms, as well as to understand the intricacies of the cryptocurrency industry.

Therefore, having competent forecast and analytics of cryptocurrencies is a necessary condition that protects the investor from ruinous investments.

Forecasting ploys help to see what the price of a certain cryptocurrency will be for many years to come, for example for holo price prediction 2025.

For You: How to Invest in Cryptocurrency for Beginners

Where to find professional cryptocurrency market analytics?

cryptocurrency forecast and analytics
Cryptocurrency forecast | Crypto analytics.

A convenient and easy way to get an up-to-date forecast of cryptocurrency rates is to use thematic resources on the Internet.

But if you type “cryptocurrency polc price forecasts in the world today” into a search box, any search engine will give out hundreds of sites with various tips, materials, and expert opinions.

How to understand which analyst can be trusted and how to choose the forecast that will really work?

  • Analytical materials focused on the long term and having a strategic nature are compiled based on the results of the analysis of many factors – economic, political, psychological, legal… For example, a sharp change in the rate of cryptocurrency can occur due to news about the introduction of a ban on digital money circulation in one of the developed countries, as it was with bitcoin in September 2017. Therefore, experts who deal with forecasts of the cryptocurrency market should monitor in real-time the emergence and development of factors that can affect the rates of digital money. 
  • Current forecasts, with a planning horizon of one day or more, are based on the search and technical analysis of already formed trends. The principle of making such forecasts is completely similar to forex analytics. For this reason, all sites that offer analytical materials, as in the case of forex analytics, can be divided into three large groups:
  • Resources that specialize in cryptocurrency market analytics. They offer their visitors several types of forecasts. These sites offer daily forecasts for individual cryptocurrencies, analysis of new ICO projects, as well as general long-term forecasts.
  • Aggregator sites, which collect analytical materials from other resources. Agree, that it is easier to find all the necessary information in one place than to monitor several resources for a long time. This is why owners of many portals do not analyze cryptocurrencies but collect materials from third-party sources and then systematize them according to a number of criteria.
  • Resources that make forecasts in addition to the main service. The compilation of analytical materials is engaged in companies that develop training courses on trading in financial markets, conduct ratings of cryptocurrency and provide services to crypto brokers. Therefore, on their pages, they post only a part of cryptocurrency growth forecasts for free as informational materials for their main activity, and some of them are included in service packages and tariff plans (trading, consulting, or educational activity).

Thus, there are many options on the web to get up-to-date information about changes in digital currency exchange rates, but the question of which information to trust is still open.

Related: List of 4 Best Crypto Exchanges for Beginners

What analytics to choose? 

cryptocurrency forecast
Cryptocurrency forecast | Crypto analytics.

Competent analytics create favorable conditions for successful trading in the cryptocurrency market, even for novice traders.

But it is difficult to choose materials that can be trusted from the variety of forecasts published on the Internet.

Letsexchange platform will help you to conduct analytics on the cryptocurrency market, as well as provide analogs of analytical platforms, which will be to your liking. 

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Related: These Powerful Cryptocurrencies Have Crazy Predictions

Introduction to Stablecoins: Step-by-step Guide for Novices

stablecoins

Published by FrankNez Team.

Stablecoins are cryptocurrencies whose price fluctuation is kept to a minimum.

The fact that cryptocurrency rates are less volatile demonstrates how stablecoins differ from more volatile crypto assets such as Bitcoin, which lack an inherent price-stabilizing mechanism.

With stablecoins, tokens have a value proportional to the value of another asset they are pegged to.

There are also multi-factor authentication stablecoins, which are functionally equivalent to a fiat-backed stablecoin.

Instead of utilizing dollars, cryptocurrency is used as collateral, and not just one but two coins are needed.

As a result, price swings and risks are mitigated. To lower volatility, cryptocurrency traders are now utilizing stablecoins such as Tether.

First Generation Cryptocurrencies

Bitcoin

Bitcoin’s volatility has been and continues to be extremely high since its beginning.

As a result, stablecoins emerged to serve as a viable alternative.

They were developed in response to community requests for more solid defensive instruments that could be used to settle at a specified price or to safeguard the value of underlying assets like BTC and ETH amid price spikes.

Most of these coins are backed by the US dollar, while others are backed by gold or other raw resources.

Tether (USDT), the first big “stable” cryptocurrency, was created to track the US dollar and became available to market participants in 2014.

Crypto traders employed USDT (1 USDT = $1) to lock in earnings from trading without having to withdraw the resulting assets in fiat currency.

Some of the advantages of stablecoins include their flexible scalability (no extra assets are required to ensure emission) and incentive systems that allow participants to earn money. The algorithmic stablecoin architecture includes the majority of these techniques.

Basis can be considered one of the most well-known stablecoin projects. Basis’ founders raised roughly $135 million from investors in 2018. The notion of stablecoin — pegging the value of a currency to a huge number of parameters, including the price of physical goods – drew the latter in. In their project, the developers of Basis intended to merge the finest features of fiat and cryptocurrencies.

This stablecoin was proposed as a stimulus for the development of emerging economies. Regrettably, the Securities and Exchange Commission (SEC) has prohibited the corporation from releasing its cryptocurrency. Later on, the Basis founders returned the invested assets to the shareholders.

Terra and Carbon are two other projects worth mentioning. Their operating principle is comparable to that of Basis. Their key advantage is that they offer a high degree of decentralization in comparison to other stablecoins.

Nevertheless, their development is also more expensive because they are technically more sophisticated products.

What Are Stablecoins and How Do They Work?

Of all the different cryptocurrencies, stablecoins are the easiest to comprehend.

They operate in a straightforward manner.

Typically, they are all connected to a valuable asset. It could be the Singapore dollar, the US dollar, the Euro, or another currency.

Stablecoins are sometimes connected to the price of gold or other commodities as well. Companies that provide stablecoins always have reserves backed up by real-world assets, regardless of what those might be.

The ratio of stablecoins to back-up resources is usually 1:1, which increases their stability. Simply put, for every $1 in the company’s bank account, one Tether, for example, is linked to it.

You can find out how much a stablecoin is worth by looking at the size of its linked assets.

They are a simple means of trade that works as a link between fiat and cryptocurrencies. Additionally, stablecoins have a place in the Decentralized Finance (DeFi) sector.

They are also allowed in Singapore. The fact that a few stablecoins, like XSGD, are tied to the Singapore dollar is proof of this.

Risks Associated with Stablecoins

Even though stablecoins enjoy almost no volatility, they are not without drawbacks. BitAlpha AI app states on its website that “trading success varies and depends on numerous factors, including skills, practice, demand and supply principles, and timing.”

Investing in all kinds of digital currencies requires time, experience and patience. No investment comes with a certain degree of risk.

Stablecoin risks

One disadvantage of stablecoins is their centralization. Because they track the value of real assets, many of which are under the control of central banks, governments, or other authorities, stablecoins are not as freedom focused as other cryptos.

They are included in DeFi; however, the fact that a centralized body still issues them remains. It’s easy to see how this goes against the fundamental concept of decentralized finance.

For example, if you possess USDT and Tether declines unexpectedly, all of your assets will vanish with it.

Furthermore, stablecoins must be audited, and third parties are required in order for this to happen. This undermines the DeFi concept once again.

In addition, some stablecoin providers are secretive about where they keep the assets that back up your stablecoin. As a result, you can’t be completely certain where your assets are going. This can become more of a problem if, for example, the company folds owing to regulatory concerns in the country, forcing you to lose all of your assets.

Stablecoins, unlike other types of cryptocurrencies, are linked to the value of an asset. As a result, if the asset’s value does not rise, the stablecoin’s inherent value will also not rise.

Conclusion

Out of all forms of cryptocurrencies, stablecoins are generally considered a safe investment option.

They are less volatile, and while not completely risk-free, they are more financially stable due to their slightly greater legal protection.

Additionally, they are a great opportunity for diversifying and improving your investment portfolio.

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LUNA (Terra Classic) Could Be Headed for Higher Gains

Will LUNA keep going up
Crypto News: Will LUNA keep going up?

$LUNC, Luna is making a ruckus in the crypto community as it rises from the grave.

The crypto community either brushed the cryptocurrency as another failure and walked away or took advantage of the price and bought Terra Classic at incredible lows.

Investors want to know two things.

What’s causing LUNA to go up, and will it continue to set higher levels of support?

Let’s break it down together.

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Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing stock and crypto news every week.

Let’s dive right into it!

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Luna Classic Community shows ambition

The Luna Classic Community on Twitter has crypto enthusiasts on both sides of the fence.

Crypto investors are either up on gains in LUNA and continue to hold the cryptocurrency or are merely on the sidelines waiting for the asset to smash through the ground.

But bigger influencers such as David Gokhshtein are skeptical stating $LUNC is a lottery ticket.

Gokhshtein was a huge supporter of the project during the surge to $80 and $100 but has since deleted all tweets prior to the crash of UST (Terra Network).

LUNA supporters are hoping to pump the crypto to $1.

And while no one can rightfully predict how high LUNA ($LUNC) can go, the cryptocurrency seems to be setting higher support levels.

Why is LUNA (Terra Classic) going up?

Why is LUNA going up?
Why is LUNA going up? Franknez.com.

Terra Classic ($LUNC) seems to be having a great deal of volume coming in.

The cryptocurrency saw more than $1 billion in daily volume in the beginning of September where it then turned into $2 billion per day.

It seems whales are moving big money into this very speculative trade and slowly pumping it in order to profit later.

Whales (big money) are the ones who have the power to move the markets so it would only make sense as to why large sums of cash are being pushed through LUNA and not a bigger asset such as Bitcoin.

These investors who have been liquidating from BTC and Ethereum might be looking at other cryptocurrencies to capitalize from.

But those are just my thoughts, I’m curious to know what you think.

Buy LUNA with KRAKEN! 👈

Is Terra Classic done running up?

What we do know is that Terra Classic ($LUNC) continues to set higher levels of support, which gives reason as to why LUNA could potentially be headed for higher gains.

Especially if whales are indeed pumping the security for quick profits.

I noticed big volume was going into this cryptocurrency and had called out momentum rising around .00031, LUNA has reached a high of 0.00048 since.

If you’d like more updates on $LUNC and other crypto, join my newsletter for weekly updates or connect with me on social media.

Related: How to buy Cryptocurrency for Beginners

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What is XRP (Ripple) and Should You Invest in It?

What is XRP? Should you invest in XRP?
What is XRP and should you invest in it?

Published by FrankNez Team.

Learn more about the money transfer network Ripple and the native cryptocurrency XRP. A popular and stable currency that remains at the top of the most valued cryptocurrencies on the market. But should you invest in XRP? Read more here. 

As cryptocurrencies have become such a popular investment, there has been much more attention on the many different kinds of crypto and the pros and cons of each of them.

One of these types is a cryptocurrency with utility.

If you’re interested in cryptocurrencies with utility, you’ve probably stumbled upon XRP or Ripple as it’s also called.

In this article you can read more about XRP and whether it’s a good investment case.

If you’re completely new to crypto, you can read more about the world of crypto here.

If you are already an expert, let’s go!

Related: How to Invest in Crypto for Beginners

What is Ripple?

First of all, you need to know the difference between Ripple and XRP.

XRP is often called Ripple, but it’s two different things – much like Ethereum and its native cryptocurrency Ether.

Ripple is a money transfer network.

It’s also the company behind XRP and processes all kinds of money transactions on a global scale.

It can facilitate exchanges for most fiat currencies and cryptocurrencies.

Ripple is different in many ways from other transfer networks, and it offers incredibly fast transactions with very low fees.

Related: List of 4 Best Crypto Exchanges for Beginners

What is XRP?

XRP is a cryptocurrency with utility.

It is closely connected to Ripple as they are engineered by the same company.

You can use XRP in many different ways, one of them being facilitating your transactions on the Ripple network.

You can also buy XRP to exchange them with other cryptos or as an investment. XRP runs on the XRP Ledger blockchain.

It’s a bit different from other blockchains as it is more centralized, which obviously also makes it more secure.

If this sounds appealing, you can visit CryptoMeister to invest or learn more about XRP.

should you invest in XRP?
Should you invest in XRP?

Should you invest in XRP?

As with any other investment, there is not one clear answer to whether or not you should invest.

But there are some pros and cons that you can consider before making your decision on XRP.

Some of the advantages of the Ripple network is that it has a versatile exchange network that can exchange many currencies besides XRP with incredibly fast and low-fee transactions.

On the other hand, this network is more centralized which goes somewhat against the original cryptocurrency philosophy.

When it comes to investing in XRP, it is deeply connected to the Ripple network.

Even though Ripple is more centralized and very recognized, it is still a gamble to buy XRP.

Just like any other cryptocurrency, the value can and will fluctuate.

So, when investing, you should make sure that you only invest money that you cannot afford to lose.

Whether you should invest in XRP long-term somewhat comes down to whether you believe that Ripple as a payment system is the future.

To get more investment tips, click here.

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The Better Choice: Crypto or Banking

Crypto or banking

Published by FrankNez Team.

Blockchain technology has blossomed over the past few years. With its launch comes other innovations such as DeFi, cryptocurrencies, digital assets, and NFTs. The offshoots of this technology mainly existed to solve the existing problems caused by centralised monetary systems.

It was 2007 that saw the launch of blockchain technology as a result of the economic depression brought about by the mismanagement of central banks. Several banks were heavy in debt; thus, fiat currency was minted excessively, which increased global inflation rates.

Satoshi Nakamoto created a digital currency called Bitcoin to provide a global remedy. This digital asset was created to solve this problem and do away with such concerns because it has a decentralized feature. In addition, the bitcoin creator made his code open source to be followed by other developers to create innovations similar to bitcoin and help solve banking problems.

This resulted in the creation of cryptocurrencies that work more efficiently than the banking systems. Moreover, crypto also provides better financial setups than banks. One of the present most significant disadvantages of crypto is volatility, as determined in the greed index and crypto fear. Thus, crypto cannot be used daily with various transactions.

Many experts believe this issue will be resolved as cryptocurrency becomes more popular in the financial market. This article will share the reasons why cryptocurrencies should work on providing more than what traditional institutions can offer in the financial industry.

Related: How to invest in Crypto for Beginners

Dissecting Crypto and Banking Systems

crypto and banking

Cryptocurrencies are virtual assets that work like traditional money and can function as a method of exchange.

These are decentralized digital currencies that work securely without third-party mediators.

In addition, crypto wallets store these currencies and can be purchased through crypto exchange platforms.

Financial experts consider crypto as the future of the financial sector.

For those seeking to break away from the central banking system and invest in crypto, most digital finance experts recommend a reliable platform that keeps your money safe such as Binance, Kucoin, and Bitcoin Loophole app.

Currently, banks rule the world’s financial systems.

These provide financial support like savings, loans, and other transactions.

Contrary to cryptocurrency, banks have drawbacks because they are centralized and are vulnerable to biases.

In addition, banks work slower than crypto and may charge loans and other transactions with too high-interest rates.

Related: List of 4 Best Crypto Exchanges for Beginners

Disadvantages of Banking Systems

Financial Inclusion

Traditional banking systems employ different techniques to reach their target clientele.

There are projects specific for select groups of people that exclude other individuals.

An example would be that these select groups of individuals can gain access to lower interest rates, soft loans, and extended payment durations.

Thus, the system becomes biased and unfair as it fails to include everyone.

Accessibility

Banks only operate during weekdays and not weekends.

Thus, individuals face problems during weekends or holidays when they try to finish important banking transactions.

Furthermore, people need to appear physically in banks to complete huge transactions that could consume too much time.

Additional Fees and Slow Transactions

Bank transactions come with additional fees and taxes.

For instance, banks that send and receive money during international remittances charge exorbitant transaction fees and taxes.

Furthermore, it takes a long time to process these transactions because of slow protocols that involve large sums of money.

Security Concerns

Fraudsters can easily hack different mobile banking apps.

This tends to be humongous amounts of money lost from accounts of various individuals.

In addition, banking systems are vulnerable to money embezzlement and fraud that may result in huge losses of money acquired through hard work. 

Can Be Biased

Account numbers and names control different financial services and bank transactions which may result in biases.

Bank officials can deliberately delay transactions with the bank in case of disputes.

Advantages of Cryptocurrencies

advantages of cryptocurrencies

Crypto was launched to solve problems within the present banking systems.

Here are some advantages of cryptocurrencies over banks in offering better financial services.

Decentralized Feature

There is no need for third-party involvement with cryptocurrencies, unlike banks.

Crypto’s decentralized feature diminishes the need for human interaction that removes biases.

Crypto is more dependable, reliable, and secure because of the difficulty in tampering with them due to the use of anonymous ID numbers in transactions.

Security Issues

Security issues are the number one issue that cripples financial systems.

Cryptocurrencies operate through blockchain technology that is difficult for fraudsters to hack the system.

Moreover, the automated processes of cryptocurrencies diminish their vulnerability to fraudulent activities because there is no need for third-party mediators.

Thus, the innovativeness of cryptocurrencies with security issues makes them appealing compared to banks.

Smart Contracts

Smart contracts operate in the blockchain systems of cryptocurrencies.

These smart contracts are programmed to provide instructions to the computer and process them with less human interaction.

With the removal of mediators, crypto can remove fraud and corruption, which is challenging to banks.

Accessibility

The automated process that governs cryptocurrencies diminishes the need to have human interactions.

Thus, crypto is accessible 24 hours a day, seven days a week, including weekends and holidays.

The crypto integration within financial systems makes them better than banking systems because of their availability.

Financial Inclusion

Cryptocurrencies do not have stringent requirements for entry.

This makes everyone gain access to crypto regardless of their financial status.

In addition, financial inclusion may help improve the economy as everyone gets equal chances.

Diversification

Cryptocurrencies have different financial service features, unlike the uniform banking systems provide.

Thus, crypto has more diversity compared to banks.

This diversification makes crypto a level higher than traditional services, as crypto investments have the potential to grow more in diverse ways.

Instant Remittances

Crypto allows more daily transactions than banking systems that follow slow queues and protocols.

Conclusion

Crypto has numerous advantages that go above that of banking systems.

However, much is needed to be done to ensure the stability and sustainability of crypto in the financial market.

Take note that cryptocurrency is very volatile, and research must be done before engaging in this industry.

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These Powerful Cryptocurrencies Have Crazy Predictions

Cryptocurrencies List Price Predictions
Cryptocurrencies With High Price Predictions

If you’re new to the crypto world, I’m going to provide you with a list of cryptocurrencies to watch.

Cryptocurrency has earned early investors millions and even billions of dollars in ROI.

You might be thinking, is it too late to buy crypto? The short answer is absolutely not.

And if you’re not invested in crypto yet, I’m going to leave a link at the end of this article of my step by step guide on how to buy cryptocurrencies.

franknez.com

Welcome to Franknez.com – if you’re part of the Patreon you’ve seen when I add a cryptocurrency to my crypto portfolio. Today I want to talk cryptocurrencies and why these powerful assets will keep on surging.

Let’s get started!

Now, a lot of you might be familiar with Dogecoin, Bitcoin, and Ethereum.

These are some of the most popular cryptocurrencies out there.

Just recently Shiba Inu Coin began trending as well.

These so called ‘speculative’ plays have earned investors gains unlike anything else in the markets.

These are only some powerful crypto plays that are nowhere near done growing primarily because of their communities!

#1. Ethereum (ETH)

Ethereum Cryptocurrencies
cryptocurrency list – Ethereum prediction – cryptocurrencies futures

Shark Tank star and Dallas Mavericks owner Mark Cuban just said, “as an investment, I think Ethereum has the most upside.”

And he’s not the only one who speculates ETH is in it’s infant stage either.

But before I continue, this article won’t be about the technical side of the cryptocurrencies themselves but rather a worldview of the crypto’s upside as an investment.

How high are analysts predicting Ethereum to go?

In a recent Forbes article, a panel of crypto experts including Sagi Bakshi and Lex Sokolin predict that ETH could rise as high as $19,842 by 2025 and that by the end of 2022 it could be the most widely transacted cryptocurrency due to its expanding utility in the marketplace”, via Crunchbase.

At the publication date of this article, ETH cryptocurrency is trading close to $3.1k.

Joe McCann, an angel investor and crypto margin trader believes the Ethereum could even reach as high as $50,000.

Ethereum developer and supporter, Anthony Sassano believes ETH can go even higher. Giving it a $150,000 prediction by 2023.

Community, this is insane. In a very very good way.

If we’ve learned anything from AMC and GameStop, it’s that investor sentiment is what drives the markets.

And the crypto community is one of the most bullish investing communities out there.

#2. Bitcoin (BTC)

Bitcoin crypto list - cryptocurrency list
Crypto List – Bitcoin price prediction – cryptocurrencies futures

Bitcoin is probably one of the most if not the most popular cryptocurrencies in the crypto space.

This revolutionary crypto broke the perception of what people ever imagined could become a reality.

To think BTC traded only a few cents during its inception to now trading over $43.8K is astonishing to say the least.

If you’re on the Patreon, you know I bought the dip a few times when Bitcoin was trading around $32k-$38k back in June and July.

Most analysts see Bitcoin reaching $100k per BTC.

In a Forbes panel, the average came to $107K with 1/3 saying Bitcoin will reach more than $120,000.

Capital.com analyst, Mikhail Karkhalev predicts Bitcoin will reach $170,000 by the end of 2022 or early 2023.

CNBC asked Chamath, an early Facebook investor and venture capitalist, how high he thinks Bitcoin will continue to soar earlier this year.

Listen to Chamath’s response below.

Chamath Bitcoin Price Predictions – cryptocurrencies futures

“Where is it going? It’s probably going to 100, then 150, then 200 thousand”.

Chamath was one of the first people to invest in Bitcoin a decade ago.

You might be thinking, “is it too late for me to invest in Bitcoin?”

The truth is it’s not.

See, crypto exchanges allow you to purchase fractions of Bitcoin or any other cryptocurrency.

As cryptocurrencies go up, your investment will go up, even if you’ve only put $100 in the market.

However, for significant ROI you’ll want to have quite a significant amount of money invested.

#3. Cardano (ADA)

Cardano Crypto list
Crypto List – Cardano – cryptocurrencies futures

Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.

It’s ties to the Ethereum co-founder have made it a very popular crypto to buy, especially at it’s incredibly low price.

Cardano is currently trading around $1.18 and traded at $0.02 during its inception.

The trader sentiment is extremely strong with more than 99% of investors currently buying this cryptocurrency.

Analysts want to see this coin reach a new all-time high of $4.

Price predictions for ADA vary:

WalletInvestor predicts Cardano cryptocurrency to reach over $14 by the year 2026. However, they predict Cardano to reach $4.50 in one year.

Based on this prediction, buying today could double your profits in one year from now and multiply it by seven in five years.

ADA is a long-term crypto investment. I’m bullish.

#4. Dogecoin (DOGE)

Dogecoin cryptocurrency list
Cryptocurrencies List – Dogecoin – Cryptocurrencies futures

Dogecoin has to be the biggest meme cryptocurrencies in the market. I would consider DOGE to be one of the riskiest too.

Primarily because of the edge other coins have. Other cryptocurrencies are trying to solve real-world problems where as Dogecoin is a community meme.

However, it’s this community that’s allowed DOGE to be an extremely successful cryptocurrency this year.

It has gained a whopping 9000% just from one year alone.

Just like AMC and GameStop show us, communities are everything. Communities have power and I believe that Dogecoin will continue to surge as long as its community of retail investors want it to.

Dogecoin is currently trading around $0.17 and peaked at $0.74 back in May earlier this year.

You might know Mark Cuban and Elon Musk for being two massive supporters of the DOGE community.

Being in the AMC community, I’m very proud of communities and tip my hat to DOGE for what it’s created.

CryptoNewz predicts Dogecoin hover above $1.07 in the year 2022.

Based on this prediction, you could multiply your money by 4 in the short-term.

#5. (What Do You Think?)

What other cryptocurrency or cryptocurrencies at that, should be on this list?

Do you hold any of these on this list? What’s your favorite coin? Let’s have a discussion. Leave a comment below!

Honorable mentions

  1. XRP (XRP)
  2. Shiba Inu Coin (SHIBA)
  3. Tether (USDT)
  4. Binance Coin (BNB)
  5. Polkadot (DOT)
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Read: How To Invest In Crypto | Read: Learn How to Buy Uniswap


Ethereum Hits 2-Month High Compared to BTC. Where Is This Going Next?

Ethereum VS Bitcoin | Ethereum News | Crypto News
Ethereum VS Bitcoin | Ethereum News | Crypto News

Published by FrankNez Team.

The agreement has expanded the downturn risks for Ethereum against Bitcoin and pushed its cost zones of strength toward levels.

Ether, the native sign of Ethereum, has successfully avoided a negative customized arrangement to reach a 2-month high compared to BTC.

The Merge, as its investors and designers are labelling its version, would alter how exchanges on Ethereum are requested, leading to improved performance and being suitable for mainstream use.

However, until that happens, analysts are eager to see how financial investors and organizations developing their technology on Ethereum’s base adapt to the modifications.

Related: How to Invest in Crypto for Beginners

Ether Checks the Critical Pivotal Turning Zone

Good foundations sparked by the Merge send-off may cause Ethereum and Bitcoin to aim for a spin toward the 0.072–0.076 range.

Hence, it should act as the next area of possible profit for Ether enthusiasts.

But there is a trick.

The ETH/BTC exchange rate has been displaying signs of decreasing potential gain energy close to what appears to be significant areas of strength for a conversion.

Additionally, an energy oscillator marker for ETH/BTC has passed into an allegedly “overvalued” range, raising concerns about the increased risks of an auction.

To check whether you’re investing at the right time, utilize linking crypto platforms like the Bitcoin Motion to seek assistance from crypto experts.

Through this platform, upon registration, investors will be connected to trustworthy brokers who will serve as advisors for newbies.

They monitor the market trend 24/7 so they can give the best and most accurate advice to their clients.

If you want to explore different crypto coins and tokens besides Ethereum, Bitcoin Motion also offers brief information about varieties of crypto.

Ethereum VS Bitcoin | Ethereum News | Crypto News
Ethereum VS Bitcoin | Ethereum News | Crypto News
Related: List of 4 Best Crypto Exchanges for Beginners

Ethereum Hitting ATH

After the organization’s programmers announced a provisional date for its major system upgrade, Ethereum’s value continued to rise.

Ether was trading at $1,400, up about 40 per cent over the previous weeks.

In 2022, ETH has fallen short of expectations set by BTC, which experts attribute to rising expectations for the organization’s shift from PoW to PoS and a more significant market pullback from risky resources.

After the Fed Reserve forcibly increased loan rates, crypto groups announced restrictions and banned transactions, and the industry continued to experience administrative issues.

After several setbacks, another arrangement of successful testing provides assurance that the timeframes are still possible.

As August 2022 approaches, it may very well be worthwhile to keep up with these updates since, according to some, another bout of instability could occur if the upcoming testing plan fails to meet the presumptions.

Ethereum VS Bitcoin | Ethereum News | Crypto News
Ethereum VS Bitcoin | Ethereum News | Crypto News

According to experts, the cryptocurrency market is also reflecting the increased uncertainty that arises with conflict, continued financial expansion, and the shifting US fiscal system.

The crypto market’s reaction to the financial exchange, wider acceptance, and recent price declines are a few more factors that experts point out as contributing to the current trend in crypto prices.

Authorities have also started to address interest in tighter crypto regulations including, surprisingly, the potential of making an official digital currency.

Recently, the price of bitcoin has gone through a relatively terrible period.

Following a gain of $4,100 in December 2021, Ethereum has fluctuated between $2,100 and $4,000 over the following days.

Despite the slow commencement to 2022, many analysts are still positive and predict that Ethereum’s value may actually reach and beyond $12,000 in 2022.

Despite the latest downturn, Ethereum actually had a decent outlook for the year 2021.

When Ethereum hit $4,850 in November 2021, it set a new record. It continued that pace into December before dropping down before the month was done.

Indeed, despite the sudden slump, the price of Ethereum was still significantly higher in January 2021 than it had been earlier in the year.

After experiencing significant areas of strength on its own, bitcoin has also slowed down over the past month, similar to Ethereum.

In November 2021, Bitcoin reached another ATH when it topped $68,000.

The future of digital currency ensures that there will be more uncertainty in the value of Bitcoin and Ethereum, and the advice of specialists for financial investors will continue as before.

Closing Thoughts

Ethereum VS Bitcoin | Ethereum News | Crypto News
Ethereum VS Bitcoin | Ethereum News | Crypto News

Like any long-term investment, analysts advise overlooking both the good and less promising moments.

The most extreme case of high cost does not imply that Ethereum’s unpredictable nature has vanished.

The main question is whether they would claim to continue seeing cumulative, remarkable development if they were in possession of these currencies.

Experts advise against holding more than 5 per cent of your portfolio in crypto because there is no guarantee that their value will increase.

Never make a contribution at the risk of not meeting other financial goals, such as paying off high-interest debt or setting up money for retirement.

The only thing you can do is ignore the media coverage of new records of ATH and ATL.

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5 Reasons Why Crypto Is Changing the Way We Live

5 Reasons why crypto is changing the way we live
Here is how crypto is changing the way we live today

Published by FrankNez Team.

Cryptocurrencies are changing the way we live.

We’ve seen first-hand how cryptocurrencies can impact a business or industry, but how does it affect us as individuals? 

In this post, we’ll break down some of the ways in which cryptocurrency is changing the way we live.

From making payments using crypto to collecting digital art in the shape of NFTs, here’s how crypto is making an impact. 

Cryptocurrencies are changing how we spend money

Cryptocurrencies are fast and secure.

The use of blockchain technology makes cryptocurrency transactions faster and more secure than traditional methods. 

Also, the fact that cryptocurrencies are not reversible means that you can send money to anyone at any time with absolute certainty.

As long as your recipient has access to cryptocurrencies, you don’t have to worry about transaction fees or delays in payment confirmation.

Cryptocurrencies allow parties from different countries another option for making international payments without having any bank intermediaries involved in either direction or any fees charged by them. 

If you cannot send money through traditional banks because there are no corresponding accounts between yourself and the other party, or there are trust issues (e.g., buying or selling goods online without first meeting the other party), cryptos are an excellent alternative to traditional payment methods. 

Related: How to Invest in Bitcoin Cryptocurrency for Beginners

Hyperinflation can be avoided using crypto

The use of crypto can help prevent hyperinflation.

Hyperinflation occurs when the currency value is rapidly and significantly eroded by inflation.

This can lead to a collapse of the economy, as people will not want to spend money if they know that prices are going to be higher tomorrow than today.

Crypto provides an alternative store of value for those who fear losing all their savings due to hyperinflation.

Cryptocurrencies are accessible to everyone

how is crypto changing the world
Ways crypto is changing the world | How is crypto changing the world?

Crypto is accessible to everyone.

No ID checks, credit checks, background checks or bank accounts are needed.

Cryptocurrency transactions are also anonymous.

When you make a transaction with other people who use cryptos such as Bitcoin or Ethereum, the information stored on the blockchain is only used for validation purposes — not identification purposes. 

This means that whoever receives your funds will only know who sent them.

They won’t be able to track down where they came from unless they get access directly into your wallet by compromising its security (which is highly unlikely).

Crypto is changing banking

crypto banking
Here is how crypto is changing banking | Ways crypto is changing the world

Cryptocurrencies are going to impact banking in a big way.

A cryptocurrency is a digital currency that is created and stored electronically.

You can use it to buy things on the internet or exchange it for dollars, euros or other currencies. 

Unlike credit cards or cash, cryptocurrencies aren’t controlled by any government or central bank—they rely on computer code called blockchain technology instead of paper money backed by governments.

Cryptocurrencies will also change how we pay for things. Because cryptocurrencies are decentralized and not issued by any central authority (like a bank), they don’t have transaction fees like traditional currencies do.

That means you’ll save money if you make purchases with Bitcoin instead of your credit card.  

Also, no more waiting weeks (or even months) for transactions to clear—you get instant payment confirmation when using cryptocurrency.

Related: List of 4 Best Crypto Exchanges for Beginners

NFTs are changing the art world

NFTs and Crypto
How is crypto changing the world?

Although not a cryptocurrency as such, NFTs work on the same blockchain technology.

This digital form of art is changing the art world by:

  • allowing for a new means of purchasing and selling art
  • enabling people to own art in an entirely different way than they did before
  • making it easier for anyone to invest in the art market

Even though this technology is still in its early stages, there are already many different collections that are sure to interest anyone and everyone.

Related: What are NFTs and How Will They Change the World?

Final Thoughts

In summary, cryptocurrencies are having a major impact on many aspects of our daily lives.

However, this is only the beginning; we’re just scratching the surface of what blockchain technology can do.

If you haven’t started investing in crypto yet or trading with it regularly, now is the time to get involved.

Cryptocurrencies are changing how we live our lives and will continue to do so as they become more integrated into society over time.

Follow FrankNez on: Twitter | Facebook | LinkedIn


Here’s Why You Shouldn’t Sleep on Shiba Inu Coin

Here's why you shouldn't sleep on Shiba Inu Coin
Shiba Inu News – SHIB coin – Shiboshi – Should you buy Shiba Inu coin?

Shiba Inu Coin is up more than 57 million percent this year.

The cryptocurrency has become one of the most popular cryptos since its rise to 9300.

It’s made the top 10 list of most popular cryptocurrencies and continues to gain mass attention from the crypto community.

However, SHIB has been falling for two months straight since its runup.

Should you buy Shiba Inu coin now or wait for more dip?

franknez.com

Welcome to Franknez.com – today I want to touch topic on a beloved cryptocurrency that continues to stand out and innovate.

Let’s get started!

Shiba Inu Innovation

One of the biggest reasons you’d invest in a cryptocurrency is whether the crypto is innovating or not.

While Shiba Inu Coin might have started as a meme, it has many plans for the future that make it an attractive long-term investment for current SHIB holders.

Let’s start with some of the most recent SHIBA news.

Shiba Inu Games

Shiba Inu Games Playside Studios
Shiba Inu News – Shiba Inu Games

SHIB has announced that they are finalizing paperwork with a triple A studio (AAA Studio) to create both mobile gaming and metaverse gaming, via. Shytoshi Kusama.

And although they can’t say much, they mention that this AAA Studio has worked with the likes of Disney and Warner Bros., so you know this is going to be quality work.

In fact, the studio just launched its Twitter account this month of December.

PlaySide Studios will be the AAA Studio working on this project.

Joining the Shiba Inu team is game industry veteran, William Volk.

William Volk was the former Vice President of Tech for Activision.

“I am honored to be working with an amazing team on what will become one of the most significant games of all time”, says William.

The first game the SHIB team will be developing is called Shiboshi and will be primarily for mobile.

The Launch of SHI Stablecoin

The next launch for Shiba Inu is SHI, a stablecoin expected to launch after the Shibarium project has gone live.

Shibarium is a layer 2 solution that essentially speeds up transaction processing and reduces gas fees, making it a better more updated platform.

According to Ryoshi, SHI is meant to be a global stable currency that is used both as a store of value and method of payment.

There is currently no set date for the release of this project, however, we know that the stablecoin will start at $0.01.

Shiba Inu Coin Now Accepted as Payment

shiba inu coin payment
Shiboshi – Shiba Inu Coin Payments – Shib Coin – Should you buy Shiba Inu coin?

Shiba Inu Coin is now being accepted in more places than ever before.

SHIB has now been accepted as a form of payment via BitPay which is going to allow a ton of merchants to accept the crypto.

This type of attention draws more investors towards buying the cryptocurrency.

We’ve also seen AMC Entertainment recently announce their acceptance of Shiba Inu Coin too.

Read: The most innovating things happening with AMC today

And with Shiba Inu Coin now trading on Kraken, it’s only a matter of time before larger trading platforms such as Robinhood begin trading the cryptocurrency.

SHIB has gone mainstream and is no longer considered to be a meme token by some.

The value this crypto is providing in projects to several communities is astonishing.

Shiboshis (Shiba Inu NFTs)

Shiboshis NFTs
Shiba Inu NFTs – Shiboshi – should you buy Shiba Inu coin?

Shiboshis are another one of Shiba Inu Coin’s innovative projects in the NFT realm.

The NFT community is changing the way we transact value, product, and services.

If you don’t know how massive NFTs are becoming or how they’re changing today’s world, you have to bookmark this article here.

While NFTs may be highly profitable investments, they’re more about community.

And it’s this community that exposes the world to SHIB and will continue to increase its value as a cryptocurrency.

Should You Buy Shiba Inu Coin?

should you buy shiba inu coin
Shiba Inu News – Should you buy it? – Shiboshi – Shib Coin

SHIB is too affordable for anyone to not put something into it.

You don’t have to make an incredibly large contribution.

But if you’re betting on innovation and a growing community like I am, then it is certainly a buy.

Some of my readers got in on SHIB before the runup when I sent out the email via my newsletter and made a lot of money trading it.

Many continue to hold it for its long-term potential.

This cryptocurrency doesn’t have to move up very much to make investors a lot of money.

Look at it this way – many people will become millionaires when SHIB hits one penny.

Yeah, it’s that affordable right now.

Regardless of investor opinion, you cannot deny SHIB knows how to provide value to a number of growing and innovating communities.

Are You Invested in Shiba Inu Coin?

franknez.com

If you’re holding Shiba Inu Coin in your portfolio, leave a comment below.

I’m curious, how many of you are holding more than 1 million SHIB?

And if you’re not invested in SHIBA yet, read my guide on how to invest in cryptocurrency for beginners, or simply open your account with Coinbase  to begin today.

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October 24, 2021 Topic Discussion with FrankNez – Shiboshi – Shib Coin

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