Are binary options scams really a reality or is it just a scam?

If you’ve been wrong about binary options scams, then you’re not the only one. There are thousands like you who have cheated badly out of situations like this and the worst part is that you can’t do anything about it. That’s the reason to start thinking twice if you want to trade binary options first.

How do you know a binary options scam is happening?

1) Misleading brokers

The most common among the sets are fraudulent brokers and at the same time successfully accepting an ICO as part of a fast-paced manufacture due to the limited rules and regulations imposed on them due to the agility of the financial authorities. a couple of years ago there has been a huge uproar lately. Copying someone else’s white papers and working very hard in Multilevel Marketing through imitations and celebrity reviews on social media, ICOs are a scam to buy into today’s financial world. Seniors sign up for these ICOs for this particular broker and soon you lose all your money.

If properly analyzed, there are particular signs that inform a fake broker, such as the lack of a specific roadmap and the lack of any trace of the creative directors in the crypto market. Also, if broker members are asked to make a hasty commitment, there is a high chance of binary options fraud.

2) fake wallets and stupid exchanges

If you want to keep your crypto, take the help of a wallet, be it hardware finance or an electronic wallet. Most investors choose an electronic wallet over hardware, mainly because of its low fees and durability.

Unfortunately, many of the crypto wallets you see in the Play Store or App Store are fake, wanting to get your private crypto key and take it out of your money. It is advisable to do some research on wallets and know the outputs before adding your money. In addition, it is always advisable to take the help of professional companies that will guide you in the right direction.

The FCA has banned many brokers from engaging in unscrupulous activities, but there are still many.

Fake brokers, however, are still available.

3) Fraudulent Binary Deals

Remember the days when our teacher gave us homework and we hated doing it. However, a change must be made while you decide to invest your money in exchange for some binary options. Exchanges of digital foreign currencies have proliferated in recent years, and many of the big shadows have been created.

To find out if the exchange is genuine or not, it is highly recommended that you do a full quality check on the site. Some of these include confirmation of requirements and methods of withdrawal, the security status of websites, phrases and conditions, and the appropriate office address and creator data.

Whether you are trading live, through a single trading platform or through brokers, it is very important to follow the above steps if you want to save your earned money.

So you don’t have to wait and never fall for such binary options scams. Stay safe from such scams and invest your money wisely.

Continuing with Bitcoin

Bitcoin is a cyber currency that has attracted a lot of media attention in the last two years, and continues to do so. Bitcoin was created by a group or anonymous person in 2009 and used the nickname Satoshi Nakamoto. After that Bitcoin is named the smallest currency unit. The first cryptocurrency is the most popular currency and arguably the most popular. Originally only interested in the Internet elite, Bitcoin has gained more appeal in recent years and the currency is respectful of it.

How does Bitcoin work?

Exact details of how Bitcoin works can be difficult because it is not subject to central control like a conventional currency, but because all transactions are collectively supported by a network of users. There are no coins or banknotes, no lingo stored in a vault, but Bitcoin is a finite supply, it will stop at 21 million. Every 10 minutes, 25 bitcoins are found by Bitcoin “miners”, and the number of Bitcoins issued every 4 years will be halved until the limit is reached. This means that from 2140 onwards there will be no other version of Bitcoins.

Why do I need new Bitcoin?

The price has historically been very volatile, with occasional peaks and declines. Recently, the price of a Bitcoin has dropped more than 10 times in two months. In 2013, Bitcoin Millionaires took place over several days, when the value of Bitcoin wallets increased dramatically. If you have some bitcoins in your digital wallet or are thinking of dipping your finger in the water, you should really follow Bitcoin News. Trading Bitcoin is becoming more and more common as an alternative or add-on to traditional currency trading, and support is increasing as more brokers take the plunge.

Despite the gradual decline in the rate of Bitcoin discovery, interest in new Bitcoin continues. It constantly requires reliable and accurate information about its value. Bitcoin has received a lot of support from PayPal recently and this will surely boost confidence in its credibility as a reliable alternative to conventional bank cards or cash transactions on the internet and on the street. It could be a way to calm criticism of Bitcoin, which claims to be a system used to accept or validate transactions called Blockchain, and which is unsafe and at risk of being attacked by hackers.

Is it safe to invest in Bitcoin in 2019?

It is obvious that the world is being digitized. More people around the world now have access to the Internet and all kinds of businesses go online to make money.

As the world becomes more reliable on the Internet, the need for a global, secure and digital currency does nothing. That’s what bitcoins and other cryptocurrencies offer. Bitcoin is open to anyone who is willing to invest in it.

However, unlike traditional investment options that are straightforward and well-understood, investing in bitcoin requires time and effort to understand how it works and get it right. Due to the lack of knowledge on the internet and conflicting information, investing in bitcoin is frightening for many people.

This article is about whether or not to invest in bitcoin in 2019 is very safe but not before. ”

Why invest in Bitcoin?

Only 21 million bitcoins are available worldwide; and while people follow mine, coins are rarer. It basically means that bitcoin is so valuable. Take gold for example. A limited amount of gold is available; and as it is further exploited, it becomes scarce and therefore more valuable.

The same goes for bitcoin. The value of Bitcoin can be verified by anyone. You can find out when new bitcoins are created and how many are in circulation. You can send your bitcoins all over the world and no bank, government or financial institution can freeze them.

Bitcoin has an impact on the global economy; and as more people join the network, availability increases.

How to secure your Bitcoin

Investing in Bitcoin is a serious project that should be taken as follows. Hackers and scammers are prevalent on the Internet looking for people who don’t want to get offensive information and cryptocurrency.

As this type of investment is the most valuable investment that can be made online and on the Internet, it has many risks. It is prudent to take steps to secure investments.

In the past, there have been cases where bitcoin wallets have been hacked by hackers. There are several good practices you can follow to ensure that your bitcoin is safe. Here are some things you should do:

  • Store a small amount of bitcoin in each wallet

  • Encrypt the bitcoin wallet for more security layers

  • Use a very hard password for those who know you

  • Always keep your software up to date

  • Make a backup of your wallet and store it in different safe places

  • Use an offline wallet to save your bitcoin

Before investing in Bitcoin, take your time to understand how it works, how you can secure your bitcoin, the difference between the conventional currency, and the impact bitcoin has on the world. With all of this in mind, you will have the right opportunity to decide whether or not to invest in bitcoin is for you.

How to buy bitcoins

Everyone has a curious idea of ​​what bitcoin is and how to earn and spend it. Bitcoin is the most famous and largest digital currency in the world in terms of market capitalization and market share when there are no intermediaries to manage transactions. The founder of Microsoft Gates, Bill Gates strongly believes that Bitcoin is “a technological tour de force of Bitcoin”.

According to Leon Louw, a Nobel Peace Prize nominee, all informed people need to know at least about bitcoin, as it is likely to become one of the most significant developments in the world.

Bitcoin can be purchased directly from other bitcoin users through markets or exchanges, and is paid for with money, credit or debit cards, electronic transfers, other cryptocurrencies, PayPal, and so on.

How can bitcoin be bought?

Get the Bitcoin wallet

This is the first step in buying Bitcoin, as you will need a place to store, receive and send bitcoins. Different Bitcoin wallets offer different levels of security and you can choose the level of security that works best for your transactions. They are the most popular wallet options

• Wallet software stored on your computer’s hard drive

• Web service that is an online portfolio

• Multisig wallet, which includes the use of different account protection keys and keeps your bitcoin safe and offline.

The next step is to fund the Bitcoin portfolio and start making orders.

Where to buy Bitcoins

• Localbitcoins: – It is the main site for face-to-face and price negotiations. Its fiduciary service has made the site popular because it adds a layer of protection to the buyer and seller A. With a trust score you can pay for bitcoin with PayPal, cash or bank transfers.

• Coinbase: – Bitcoin is another popular wallet with one of the simplest ways to buy bitcoin. Upon registration, a $ 5 rebate is obtained. It has an A + confidence score. Use your card or bank transfers to purchase bitcoins.

• Wesellcrypto: – This site is very good and suitable for beginners. It has a B + trust rating, and you can buy bitcoins through your PayPal account.

• Bitquick: – This site is beginner friendly as it allows users to buy and accept bitcoins payments in hard currency as well as bank transfers. B has a confidence rating.

With Bitcoins, you can buy goods anonymously; make cheaper international payments because Bitcoins are not regulated in any country. The Bitcoin market is very volatile and more people buy it in order to make a profit when the price goes up.

Types of cryptocurrency wallets and their overall security aspect

There are many types of cryptocurrency wallets that allow users to store and access their digital currencies in different ways. An important question in this context is how safe these wallets are. Before taking the security aspect, it is helpful to understand all the types or varieties of cryptocurrencies that exist today.

Cryptocurrency portfolio: types and varieties

These portfolios can be broadly classified into 3 categories:

  • Software portfolios
  • Hardware wallets and
  • Paper wallets

Cryptocurrency software portfolios can be redistributed to desktop, online and mobile wallets.

  • Desktop software portfolios: These wallets must be downloaded and installed on desktop computers and laptops. This variety offers the highest level of security, although their accessibility is limited only to the computer on which it is installed. Also, just in case, if your computer is hacked or infected with a virus, there is a chance that you will lose all your money.
  • Online software portfolios: This range of cryptocurrencies runs in the Cloud. This way, they can be easily accessed from any computer device and from any geographical location. In addition to accessibility convenience, this type of digital wallet stores private keys online. The keys are controlled by third parties; which easily injures them in the face of hacking and theft.
  • Mobile software portfolios: Unlike the other two varieties, mobile software portfolios run on phones through an app. These can be easily used anywhere, including retail stores and shopping malls. This range of wallets tends to be much simpler and smaller compared to regular desktops to accommodate very limited space on mobile phones.

The difference between hardware and software portfolios

Digital hardware portfolios change with the software in terms of storing the user’s private keys. Hardware wallets store user keys on a hardware device (such as USB). This way, as the keys are stored offline, these wallets provide more security. In addition, hardware portfolios are easily compatible with many online interfaces and can also handle different currencies. This type of cryptocurrency wallet is also easy to make transactions with. As a user, you must connect your device to any computer connected to the network before entering your PIN, transfer currency, and confirm the transaction. Your digital currency is kept offline by hardware wallets, so the risk factor or security concern is also much lower.

Digital paper wallets: This range of digital wallets is also easy to use and guarantees a high level of security. The term “paper wallet” refers to the printing of a user’s public and private keys. However, considering the cases, we can also mention a software application designed to securely create keys before printing.

Sweep with paper bags

Using paper wallets is pretty easy. To transfer any cryptocurrency to your wallet, you simply transfer the funds from the software portfolio to the public address that your wallet displays. Also, when you want to spend or withdraw your money, transfer paper wallet funds to your software. This procedure is usually called a “sweep”.

The scan can be done manually by entering private keys or scanning the QR code in the paper wallet.

How secure are cryptocurrency wallets

Different varieties of digital wallets offer different levels of security. The security aspect depends mainly on two factors:

  • The type of wallet you use: hardware, paper, online, desktop or mobile
  • Selected service provider

Needless to say, it is much safer to keep currencies in an offline environment compared to online ones. There is no way to ignore security measures, regardless of the wallet you choose. If you lose your private keys, all the money stored in your wallet will be taken out of your hands. On the other hand, if the wallet is hacked or you transfer the money to a scammer, you will not be able to reverse the transaction or even recover that money.

Investing in cryptocurrency is a smart business idea and using the right portfolio for this is inevitable. You need to be very careful to ensure the safety and security of your funds transfers and transactions.

Fundamentals of cryptocurrency and how it works

In the times we live in, technology has made tremendous strides in any time in the past. This evolution has redefined human life in almost every aspect. In fact, this evolution is an ongoing process, and so the lives of human beings on earth are constantly improving day by day. One of the latest inclusions in this aspect is cryptocurrencies.

Cryptocurrency is just digital currency, designed to establish security and anonymity in online money transactions. It uses cryptographic encryption to generate currency and verify transactions. New coins are created through a process called mining, and the transactions are recorded in a public book, which is called the Transaction Block Chain.

Low return

The evolution of cryptocurrency is mainly attributed to the virtual world of the web and is a procedure for converting readable information into code, which is almost irreversible. This makes it easier to keep track of purchases and transfers involving currency. Cryptography, secure communication since the Second World War, has evolved in this digital age, merging with mathematical theories and computer science. Thus, it is now used to secure not only communication and information but also money transfers across the virtual web.

How to use cryptocurrency

It is very easy for ordinary people to use this digital currency. Follow the steps below:

  • You need a digital wallet (of course to save money)
  • Use your wallet to create unique public addresses (allows you to receive currency)
  • Use public addresses to enter or exit your wallet

Cryptocurrency wallets

The cryptocurrency wallet is just a software program that is able to store private and public keys. In addition, it can also interact with different blockchains so that users can send and receive digital currency and also monitor balance.

Operation of digital wallets

Compared to the traditional wallets we carry in our pocket, digital wallets don’t store money. In fact, the concept of the blockchain is so well mixed with this cryptocurrency that currencies are never stored in a particular location. They are nowhere near in money or in physical form. Your transaction logs are only stored in the blockchain and nothing else.

A real example

Suppose a friend sends you digital currency, say in the form of bitcoin. What this friend does is transfer ownership of the coins to the address of your wallet. Now, when you want to use that money, you have unlocked the fund.

To unlock the fund, you need to link the private key in your wallet to the public address assigned to the coins. Only when these private and public addresses match will your account be credited and your wallet balance increased. At the same time, the balance of the digital currency issuer will decrease. In transactions related to digital currency, the actual exchange of physical coins never takes place.

Understand the address of the cryptocurrency

By default, this is a public address with a special string of characters. This allows the user or owner of the digital wallet to receive cryptocurrency from others. Each public address that is created has a matching private address. This automated game proves or establishes ownership of a public address. As the analogy is more practical, you can use the public cryptocurrency address as your email address to send emails to others. Emails are the currency that people send you.

It’s not hard to understand the latest version of technology as a cryptocurrency. It takes a little interest and spending time online to make the basics clear.

An Economics Education by Bitcoin – III

Some of these web-based Bitcoin wallets are available to choose from, and have different features, costs, and reputations to review and consider. Do you need trading tools? Do you need currency exchange services? Do you need “cold” vault storage? Do you want multi-factor authentication? All you need is someone to offer it to you.

Once you’ve created your account and wallet, how do you get Bitcoins? There are two obvious answers. First, if you already have money in one currency and want to convert it to another currency, you can exchange it. Second, in the same way that you sell goods or labor with your local currency, you sell goods or labor for Bitcoin. I explored these two options.

Bitcoin exchanges work in the same way as conventional currency exchanges. There are competing companies that are eager to acquire different currencies and adjust their exchange rates. There are ATM windows that you can visit in person, and there are also automated ones, such as ATMs that accept currency, credit cards or Bitcoin, and those that distribute currency or Bitcoin. I prefer to do my transactions online, so I researched different online exchanges. Every time you buy Bitcoin, you have to create and fund an account and then you have to apply to buy or sell Bitcoin – and there’s an expansion, similar to securities. In this respect, mediation is similar to a traditional account, but without SIPC insurance. If the exchange is hacked, shut down, or otherwise compromised, your deposits may be temporarily unavailable or permanently lost. That’s already happened with a couple of Bitcoin exchanges, which has strengthened my previous mental notes to re-evaluate my risks if my balances become significant.

I then updated the business websites to indicate that we have accepted Bitcoin. I thought I could avoid the spread of fees and the question of supply if someone got to pay for my goods or services at the current price. A few years later, since I didn’t win a single Bitcoin, I went back to the exchange exam.

II. If you are unfamiliar with business stock budgets or “depth” charts, they are basically two lists. A list sorts by price all the “purchase” requests for the specified new equity, showing the quantity requested at various price levels; it also “sells” orders. When someone makes a “market” request to buy ABC, ABC’s excellent “sell” requests match the price order. Thus, if someone sells 100 shares of ABC for $ 30 and someone else sells 500 shares for $ 31, all $ 100 shares of $ 30 will be consumed in exchange for selling only one $ 31 share. Bitcoin exchanges work the same way.

Find out about existing Bitcoin bugs

Bitcoin, the most popular cryptocurrency available, is now considered one of the most popular investments. Did you know that this has created a lot of new bitcoin scams? Yes, that is true and unfortunately you can be a part of it if you don’t know anything related to these scams. This article allows you to discover all the types of bitcoin fraud that exist.

These are the types of bitcoin scams that exist –

Phishing scams

Always be on the lookout for phishing scams. Phishing attacks are a favorite among hackers and scammers. Within a phishing attack, a concerned person represents a service, company, or person usually by e-mail or other text-based communication or by hosting a fake and manipulative website that appears to be genuine. The goal is always to send a victim to their fraudulent address to disclose their private advice or send bitcoin.

These emails often appear as legitimate, but they are fake.

False exchanges

Arguably one of the most difficult ways to defraud investors is to pose as a branch of good business and a legitimate internet marketer. Well, that’s exactly what bitcoin scammers do.

Many such exchanges exist and they explained that bitcoin is a place to exchange and trade, but in the end it was a scam. Many exchanges have diverted people from their money by simply presenting cryptocurrency as a respectable and legitimate exchange.

False ICOs

Along with the growth of blockchain-sponsored companies, fake ICOs gained popularity as a way to protect these types of new businesses. However, due to the unregulated nature of bitcoin, the door has been left open for all kinds of fraudulent activities.

Most ICO scams occurred through fake ICO websites or using fake bitcoin wallets or other cryptocurrencies to get investors to invest or appear as a real cryptocurrency-based company.

Many have already complained about such bad practices, so it’s best to check your wallets before you actually decide to put your money with them.

Great returns

If you are in the trading industry, you should know by now that high profits are not possible when it comes to bitcoin trading or crypto trading in general. Therefore, when a broker tries to promise to double your money in a certain amount of time, the best option in such cases would be to stay away from these brokers as much as you can. They will simply take your money and run away and you will be left with nothing but grief and remorse.

Bitcoin Buying Guide – An easy 3-step guide to buying your first Bitcoin

Are you looking for a guide to buying Bitcoin? Wondering where to start? People have a lot of misconceptions about bitcoin – a world-famous and widely accepted cryptocurrency.

Many people think that hackers and shadow people, for example, only use it. However, bitcoin is typically going from TigerDirect to Expedia.com to Dell and even Subway supports payments in bitcoin.

Why so popular?

Well, bitcoin has many advantages over other currencies. For example, you can send bitcoin to someone as a payment without having to go through a bank broker (and resort to extra fees). It is also much faster than sending money by bank or bank transfer. You can send bitcoins to someone and pick up coins in seconds.

With all of this, it’s no surprise that a lot of people are trying to buy bitcoin for the first time. However, it’s not as easy as going to your bank and extracting bitcoins – or going to a store and earning the money you earn for bitcoin.

The system works a little differently than that. This Bitcoin buying guide will cover some things you need to know before you buy – so that you can buy safely and securely.

First of all, even though it can be over $ 2000 per coin, you don’t have to buy the whole bitcoin. In most places they will allow you to buy parts of a bitcoin for $ 20. So you can start at a young age and move on from there as you feel more comfortable with the way things work.

Secondly, this article is for general purposes and should not be taken as financial advice. Bitcoin can be dangerous and you should check with your financial advisor before making any purchase.

Here are 3 easy steps to buying Bitcoins:

# 1 Get the Bitcoin wallet

The first thing to do before you buy your coins is to get a virtual wallet to store your coins. A wallet is a string of texts that people can use to send bitcoins.

There are several types of wallets that you download to your phone or computer, online wallets, and even offline storage wallets.

Most people prefer to get the wallet on their phone or computer. Popular portfolios include Blockchain, Armory, Bitgo MyCelium and Xapo.

Usually downloading the wallet to your phone as an application or downloading the software to your computer is as easy as downloading from your wallet’s main website.

# 2 Decide where to buy

There are different types of places to buy and each one is different. There are online sellers who will sell bitcoins directly to you in cash (or with a bank or credit card).

There are exchanges where you can buy and sell bitcoins to others – similar to the stock market. There are also local exchanges that connect you with vendors in your area who want to sell.

There are also ATMs where you can buy money with your wallet and hand your coins in your wallet.

Every Bitcoin seller has its benefits and drawbacks. For example, ATMs are great for privacy, but they will charge you up to 20% above the current price, which is ridiculous. ($ 2000 in BTC price, $ 400! So instead of paying $ 2000 you are paying $ 2400).

Whatever place you decide to buy, remember to do your research and go with a reputable seller with a good reputation and strong customer service. First-time buyers will be hesitant especially and will need extra help to assist in the first transaction.

Take your time and research before you decide to buy different places. Factors to consider include coin prices, extra fees, method of payment, and customer service.

# 3 Buy Bitcoin and carry it in your wallet

Once you’ve found a place to buy, prepare your funds (that is, you can send an email transfer or use Visa to fund your account). Then wait for a good price. (Bitcoin prices always change 24 hours a day, 7 days a week). Then place the order when you are ready.

When you fill out your order and have your coins, you want to send them in your wallet. Simply enter your bitcoin address and get the seller to send you your bitcoins. You should see it appear in your wallet within a minute and an hour (depending on the speed at which the seller sends it).

Voila, you now own bitcoin. You can send coins to pay for other goods and services or hang them on rainy days.

One last thing to remember: bitcoin is still in its infancy. There are big price fluctuations and the currency can be dangerous. Don’t buy more bitcoins than you can ever lose.

8 Bitcoin Security Tips

Today, with the help of Bitcoin, you can revolutionize the way you do business. You can make payments in virtual currency at any time in seconds. You will not have to pay anything to the broker, as there will be no card processing.

You have your Bitcoins in your Bitcoin wallet, which will create your bank. But there is a catch. If you lose your wallet key, you will no longer have access to your digital money. Also, if the key takes the wrong hands, the wallet will be empty for a few seconds. So for your safety, we encourage you to follow these safety tips. Read on.

Use a trusted Exchange service

Web wallets are dangerous because hackers use them to access people’s money without permission. If you really need to use one, make sure you use a reliable exchange service. Once the exchange transaction has taken place, make sure you transfer the coins to your wallet immediately.

Do not leave open access to the Wallet

According to Joe Steward, you should not allow open access to your Bitcoin wallets. If an employee enters your wallet and transfers it to an access wallet, your money will disappear. To address this issue, you can use subfolders.

Use separate wallets

Often, Bitcoin wallets that are connected to the web all the time have network-targeted attacks. Therefore, it is advisable to use offline wallets. Actually, all you have to do is store your digital money in offline wallets. As soon as you get a large amount of money in your online wallet, make sure you transfer your offline wallet as soon as possible.

Save your keys offline

It’s a good idea to store your private keys on an offline computer, which will help you keep hackers and malware intact. After all, you want to keep the system as secure as possible.

Use the Dedicated Hardware

It is best if you use a dedicated USB key to transfer data between two computers. Again, it will protect your data from viruses and potential hackers.

Use Linux for more security

If you are looking for the best way to move data between two computers, you may want to use a USB drive. To do this, the most secure system is Linux, which is very good at dealing with USB-based threats.

Create backups

You will lose your Bitcoin or wallet if you end up damaging your computer. So it’s a good idea to make another copy of your wallet. Ideally, you may want to back up and store them in different places.

Use a powerful Hardware wallet

The hardware wallet is a USB key with a computer running a special OS. The hardware keeps private keys secure.

In a long story short, we recommend that you follow these security tips when handling digital currency, such as Bitcoin