Digital Wealth Group | Education
Digital Wealth Group
Phone: +61 8 6370 2585
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25.01.2022 Who hasn’t heard of Bitcoin? You probably know the name, but do you know exactly how valuable it is? I’d say Bitcoin is actually Gold 2.0. If you doubt my claim, don’t worry, everyone does. You won’t for much longer. ... That’s why I’ve detailed exactly how Bitcoin is so valuable in my newest blog post: https://digitalwealthgroup.com.au/bitcoin-gold-2-0-for-the/
23.01.2022 With the fallout from COVID19 decimating economies around the world - many governments are just printing money after money to throw at the problem. Take a deep dive into the mechanics of inflation and ask yourself - does this fit with your experience of the markets right now? What does inflation mean for you? https://www.coindesk.com/inflation-narratives-data-experien
23.01.2022 Why Cryptocurrencies are an asset class for a new generation...and why you should care. The third largest asset manager in the world analysed self-directed 401k accounts of millennials (an American version of Australian self-managed super funds)... And you know what they found? ... Basically, millennials are choosing to invest in Bitcoin over other established companies like Berkshire Hathaway, Walt Disney, Netflix, Microsoft, and Alibaba! Millennials are investing in a firm Grayscale Bitcoin Trust which allows people to get exposure to Bitcoin, basically selling shares of Bitcoin on the share market. This shows millennials are really wanting Cryptocurrencies, and there is a growing demand for them. So why should you care what millennials think? Because millennials right now are the second largest generation of our time, starting to overtake baby boomers, and by 2030 they're going to be the largest generation. And what is going to happen to all the wealth accumulated by baby boomers? They will hand down if not all a large amount of that wealth to millennials! So when we start looking at where millennials are positioning their money now, these numbers are just early signs of where this money is more than likely to be headed. Here are a few things we know about millennials: One study found that around 90% of millennials don't trust banks. Another study shows 71% of millennials would rather go to the dentist than listen to what their bank says. And 33% of millennials believe in 5 years they won't need a bank. Now we have 30 million millennials entering their prime investment years, and around 66 million more millennials will be entering their prime investment years over the next 14 years. They will be followed by the next generation, generation Z who are learning about Blockchain in school. As everything's becoming digitised, and currency goes along with that. The newer generation of people are starting to realise the power of Cryptocurrencies and Blockchain, and moving from tangible to intangible assets. It's a complete paradigm shift. This is why you should educate yourself about Cryptocurrencies and the cashless society we are heading towards.
22.01.2022 Is Bitcoin the most accessible cryptocurrency in existence? We say it is Sure, Bitcoin is no longer the only cryptocurrency out there. A quick look at the crypto world, and you might find yourself surprised at just how many new virtual currencies have popped up in just a few years. ... With so many cryptocurrencies, one would think that there would be a rising star that takes over the world. Let’s be honest, though Bitcoin is still at the top and will likely remain there for a very long time. Many people even consider Bitcoin to be the gateway cryptocurrency. A lot of people turn to this cryptocurrency when they are looking to dive into this world. Why do people turn to Bitcoin instead of Altcoins when they are first introduced to this world? It’s simple Bitcoin is the most accessible cryptocurrency that exists right now. Bitcoin itself has also become significantly easier to obtain. With Bitcoin ATMs and several other convenient options are popping up, along with online forex exchange companies offering the option to buy and sell cryptocurrency where Bitcoin is often at the top of the selection list. See more
21.01.2022 Cryptocurrencies are the future of finance in a decentralized world. As long as you don't spend more than you can afford to lose, cryptocurrency can play an important role in investment portfolios. However, past success is not a guarantee of excellent future results. A careful approach in investing could put you in a position to make substantial gains in the long term. There are a few cardinal rules for investing in crypto: Do your own homework before you invest. Don'...Continue reading
20.01.2022 There's only 4 more days until the Emergency Economic Forecast Online Conference with Rich Dad Poor Dad Robert Kiyosaki and renowned economist Harry Dent - you don't want to miss this one. Do you want know what you can do to weather sudden shifts on the stock market? Do you want to hear what the experts have to say about the economic fallout of the Coronavirus Pandemic and the roll out of vaccines?... What could you do with inside knowledge showing you where the immediate opportunites are ... and where to park your money for the longer term? What's more - you have the opportunity to ask Robert Kiyosaki and Harry Dent any question. Tickets are free for the first 1,000 registrants so secure your spot while this once in a lifetime opportunity is still available. https://globalcrisissummit.com/
20.01.2022 Have you recently taken a chance at investing in Bitcoin, or any other cryptocurrency for that matter? In the second Quarter of 2020, , were done every single day on the Bitcoin network. That’s a lot, yet some people are still not sure what they should do to have some Bitcoin of their own. One thing that we can say for certain Bitcoin is accessible. In fact, in our opinion, it is the most accessible cryptocurrency of all times and still hol...ds its value well after a long 10-year run. So, the question now is how should you get and use Bitcoin? If you’re one for easy then a Bitcoin ATM is going to be your option. Simply look up a Bitcoin ATM that is close to you. Open up a Bitcoin wallet (there are tons of FREE mobile apps to do so). Get the QR code for the wallet and visit the Bitcoin ATM with cash in your hand. Follow a few instructions, and before you know it you have Bitcoin in your wallet (virtual wallet, of course). Do the Bitcoin ATM limits feel like pocket change to you? Then you’re probably looking for something that allows for a more significant investment that’s where institutional investing comes in. Invest in Bitcoin trusts and profit in the process.
20.01.2022 Cryptocurrency investment has recently developed a wave of interest all over the world. If you're thinking of making a move, here are some tips to help you on your journey. Chances are that you've heard of fortunes being made and lost by investing in crypto. Some are beginning to develop an interest in investing in crypto, but choosing how to start can be overwhelming. The truth is, getting into crypto is not easy; you need the right information to set you on trac...k. Are you interested in buying Bitcoin? Ethereum, huh? Litecoin, huh? Or is Doge going to the moon? There are over 1,000 different cryptocurrencies; you need the right information on what makes one better than the other. Here, we outline a few different strategies that will help you navigate this complicated space. https://digitalwealthgroup.com.au/getting-into-crypto-is-n/ See more
19.01.2022 ***Livestream Announcement*** Global Crisis Summit https://globalcrisissummit.com/... This is HUGE. Leading economist Harry Dent and investment experts Robert Kiyosaki and Martin North have joined together to hold an Emergency 1-Day LIVE Online Conference. Don’t miss your chance to get in the same virtual room as these financial heavyweights and get the inside knowledge on: How to Safely Capture Big Gains from Sudden Shifts on Wall Street, Avoid Hidden Dangers & Capitalize On New Shifts in Our Economy What is likely to happen as a result of the Coronavirus Pandemic and what it means for you and your financial future How you could save your retirement and add hundreds of thousands of dollars to your nest egg How this could be your ONE chance to catch up rapidly and make ten times the average annual stock market gain in a single year. What’s coming next where the immediate opportunities are and where to park your money for the longer term. How you too can turn the trying financial times ahead to your advantage. and more This is a free event, however spots are extremely limited. Secure your FREE SEAT now for this once in a lifetime opportunity. https://globalcrisissummit.com/
19.01.2022 Google searches for Bitcoin peaked back in 2017 when the asset ballooned to $20,000 before dropping. Now, almost three years later, the search phrase "buy crypto" has reached its highest level since the Bitcoin bubble in 2018. What does this mean for the market? ... https://www.newsbtc.com//buy-crypto-search-term-spikes-to/
19.01.2022 The One Thing That Everyone in Crypto Agrees On If there is one thing for certain in the crypto world it is that there is a heck of a lot of disagreement. About everything.... But there is one thing we all agree on: if you want to keep your investments out of the reach of hackers - you need to invest in a hardware wallet. The thing is though, whenever I tell people this, I invariably get asked things like But do I really need one? Aren’t there online wallets, software wallets, wallets that come with accounts on exchanges like Coinbase and Binance? Well, yes. There are. And you can use them. They do work. They all have that in common. But do you know what else they all have in common? At some point, they all need access to the internet. And internet access makes them vulnerable to hackers. You see, if there is one truth in this space it is this: if it goes online it can be hacked. And if it is worth being hacked chances are it will be. So, my response to these questions is always the same: Hardware wallets are different. They are the only way to keep your crypto keys offline 100% of the time. Hackers cannot reach them, and that gives them a major security advantage over every other method of storage. There are other advantages, too. Hardware wallets support pretty much all the major coins, most of the alt coins, and all of the ERC20 tokens. You don’t need a different wallet for your Bitcoin, and then another one for Ethereum based tokens, and then others for the rest. Hardware wallets make your crypto experience simpler, safer, and easier to manage. It’s as simple as that. Hacking happens. It’s a fact of modern-day life. Why not future proof yourself from it?
16.01.2022 Are we entering the next bull market? Since July 20, the entire crypto market cap has increased by US$100 billion, an increase of around 40%. If this isn’t the beginning of a bull market, it’s wearing a very convincing cow costume and saying moo a lot. https://blog.coinjar.com/2020/08/19/bull-in-a-crypto-shop/
15.01.2022 If you asked me a couple months ago what is the number one reason Bitcoin is so valuable, I might have listed these reasons: Immutable Globally transferable Censorship resistant ... Anonymous Secure All of the above reasons give us, as investors, confidence that Bitcoin is here to stay. But based on the way things have been changing recently, my answer has also changed In my opinion, Bitcoin is so valuable because I consider it Gold 2.0. What does that mean? Well, to understand this, let’s look at what gives gold value. Historically, gold has been a hedge against people's worst economic fears. Some people refer to gold as a fear index. In other words, it acts as insurance against: Huge Government deficits Runaway inflation Debasement of a Government’s currency Quantitative Easing Stimulus packages I like to call them 20th century fears. When these things happen, people tend to move their funds into hard assets like gold. So the reason I call Bitcoin Gold 2.0 is I believe, it is a hedge against the 21st century fears, things like: Asset seizures Censorship Modern day lawlessness Surveillance capitalism National currency debasement Loss of trust in currency Rogue governments Banking restrictions Permission based societies And that’s why I think Bitcoin is the ONLY currency that represents a digital safe haven against modern day fears and is exactly what makes it so valuable.
11.01.2022 You already know that gold is an attractive investment opportunity. In the US alone, over 8 metric tons of gold is held by investors this was the latest statistic released in 2020. Just one year earlier, the holding of gold was rated at just over four metric tons. Sure, gold’s price may be rising, but let’s face it the fluctuations in gold makes this a less attractive opportunity. Now, compare gold to more modern investment opportunities. While gold was once consi...Continue reading
10.01.2022 Could Bitcoin potentially become a hedge against inflation? We think so. https://cointelegraph.com//5-national-currencies-that-bitc
07.01.2022 Why getting into crypto is not as easy as some people make it out to be... If you're getting into the world of Cryptocurrencies, you probably realised it is not as straightforward as what most people make it out to be. Not if you want to do it the right way, anyway. ... Here are at least 5 steps you have to go through... 1. Register with an unfamiliar exchange You can’t just call up your broker or accountant and say - ‘Hey, I want to buy some Bitcoin, some Ripple, some Ethereum. No, you have to do it yourself on unfamiliar exchanges (like Coinspot) that allow you to buy Bitcoin with your fiat currency (for example, Australian dollars). 2. Buy unfamiliar assets Let’s not forget Cryptocurrencies don't work like stocks! Some people have a hard time understanding that your wallet doesn’t actually hold your Cryptocurrencies - just the private keys that allows you access to your funds. Remember, if you buy Bitcoin on an exchange and keep it in the wallet on that exchange, you don’t own that Bitcoin - the exchange does. You only own it when you transfer it to the wallet that you control. 3. Register with another unfamiliar exchange to buy more unfamiliar assets If you want to buy more Cryptocurrencies other than Bitcoin, you have to get registered with more unfamiliar crypto-to-crypto exchanges (like Binance). 4. Secure on unfamiliar devices And then you are also going to have to get familiar with unfamiliar storage devices like Trezor and Ledger. Because the moment you own Bitcoin and other Cryptocurrencies, you technically become your own bank. So that's why you need to know how to use things like Trezor and Ledger and how to store your Cryptos correctly so you don’t lose them. 6. Setup unfamiliar portfolio account And then you also need to make sure you monitor your portfolio correctly, which is why we use things like Blockfolio and Cointracking. So owning Cryptos forces you to become organised in managing all your own affairs, which could be a very cumbersome process.
02.01.2022 We might be facing a pandemic this year, but that’s no reason to sit back. The time for investing in crypto and getting a feel for this market is better than ever. With the crypto market booming, more and more people are turning to this industry as a way to find a better return on their investment. So, my question to you: Are you taking advantage of this opportunity or letting it pass you by? ...Continue reading
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