Simple Ways to Buy and Invest in Bitcoin

What is Bitcoin?

Bitcoin is a decentralized, peer to peer, digital currency system, designed to give online users the ability to process transactions via digital unit of exchange known as Bitcoins. In other words, it is a virtual currency.

The Bitcoin system was created in the year 2009 by an undisclosed programmer(s). Since then, Bitcoin has garnered huge attention as well as controversy as an alternative to US dollar, Euros and commodity currencies such as gold and silver.

Rise to Popularity

Bitcoin had not attained much attention in the world of business and finance before the year 2009. It rose to prominence in the 2011-2012 period when it gained over 300%. Bitcoin has had a 400% growth in its value since the August of last year. As a result, venture capital firms and investors around the world continue to pay importance to the cryptocurrency.

In the first half of 2014, venture capital firms invested $57 million in Bitcoin in the first quarter, followed by another $73 million in the second quarter amounting to a total of $130 million, which is 50% greater than last year’s total of $88 million. This is a complete contrast to the scenario in 2012 where Bitcoin firms amassed a relatively meagre sum of $2.2 million.

These statistics prove beyond doubt that Bitcoin is worth your investment, which begs the question, how can you buy and invest in Bitcoin?

A guideline for novice investors in Bitcoin

The easiest and least complicated method to invest in Bitcoin is by purchasing bitcoins. There are a lot of established firms, mainly in the US as well as abroad, who are involved in the business of buying and selling bitcoins, abbreviated as BTC.

Coinbase

If you are living in the U.S. then Coinbase is the place you’re looking for. Coinbase provides it’s clients with BTC at an estimated mark up of 1% over the existing market price. Residents of the United States have the option to sync their Coinbase wallets with their bank accounts. As a result, future payment transfers are made hassle free. This company also gives you the option of automatic bitcoin buying from time to time. For instance, if you’re interested to purchase $50 in bitcoins at the beginning of each month, Coinbase allows you to set up an auto buy for that amount.

Be mindful of the terms and conditions before you begin to use this service. If you have subscribed to an automatic bit coin service, then you will not be able to control the price at which the BTC is bought every month. Note that Coinbase is does not function as a Bitcoin exchange i.e. you buy and sell the coins directly from the firm. Since the firm has to source the coins from other buyers, you may face delays or disruptions when laying orders during fast market moves.

BitStamp

BitStamp suits the requirements of a conventional bitcoin exchange. Bitcoin acts as an intermediary which allows you to trade with other users and not the company itself. Here the liquidity is higher and you always have a good chance to find someone who is willing to trade with you. There is an initial fee of 0.5% which can be reduced to 0.2% if you trade $150,000 in a period of 30 days.

Alternative ways to purchase Bitcoins

Local Bitcoins

Exchanging isn’t the only method of investment in bitcoins. Local Bitcoins is often used to buy BTC offline. The website is designed to link potential buyers and sellers. The bitcoins are locker from the seller in an escrow and can only be released to buyers.

Buying bitcoins offline isn’t always very reliable or safe. Hence it’s preferable to meet the sellers during daytime and let a friend tag along with you just in case things go south.

Bitcoin is not just a modern trend. Venture capital firms consider Bitcoin to be a decent substitute to conventional currency in the long run. There are cointless ways for you to enter the sphere of bitcoin investment. As mentioned before, Coinbase, BitStamp and Local Bitcoins are the most popular channels for investing in bitcoin in the United States. Do your homework and find out which avenue ticks all your boxes.

Common Health Benefits of Clapping That Can Change Your Life Leading to a Healthy Future

Most people today would be surprised to realize that clapping or applauding with hands is a good exercise for the body that helps to stimulate the organs resulting in its smooth functioning hence scientific research have proved the fact that little babies who have the habit of clapping grow up with smart brains. This physical movement is the direct key to living a cheerful and stress-free life as striking with the palms is a therapy, related to celebrations as well as achievements thus play a major role in healing depression, hypertension, occasional headaches and problems such as hair fall. Clapping during the morning hours of the day such as while praying at the holy places or singing songs helps to activate a large section of the brain gradually improving the health. It is also a useful medicine for curing pains such as arthritis or any other form of ailment in the different parts of the body.

Doctors have suggested for applying to both the hands some coconut or palm oil so as to stimulate the pressure points in the fingers and make them active in order to create energy waves in the body. By striking both the hands helps in better blood circulation in the veins and arteries and is extremely beneficial for those with cholesterol problems. Also, children who are prone to clapping on a daily basis in the schools are likely to have bright academic prospects as they make less spelling mistakes than others as well as increase the levels of concentration. This exercise also helps to improve digestion and make the body more immune to diseases thus allowing to one to remain fit and healthy all life.

In present times the residential areas have established amusement parks for the people to gather for exercises and morning walks. Some of them go there for clapping as a routine affair to have positive effects both on the body and mind. A few minutes of claps can help in better secretion of hormones as well as keep the heart healthy by removing all the obstructions from the blood vessels and other channels. Patients suffering from low pressure can also raise their hands and clap for a faster recovery. It is also extremely effective for enhancing the nervous system hence those spend some time from their hectic schedules for clapping daily feel fresh and active throughout the day. It also acts as a medicine in reducing the blood sugar levels as well as help in curing certain mental diseases such as insomnia, protects the body from infections such as common cold and lungs related problems such as asthma and eye defects. Biologically the hands and palms are the settlements for reflex points that ensure the healing response to the entire body system thereby the health benefits of clapping as a yoga exercise is innumerably resulting in the healthy development of the body for the people of all ages.