The Weekly Hodl

22/02/2022

Passive income is money generated from ventures in which an individual is not actively involved. For the most part, all you need to do is invest your money or digital assets in a particular crypto investment strategy or platform and watch it generate profit. In some cases, the earnings are fixed and predictable. In others, several factors beyond your control may come into play.

Here are several ways to earn passive income with different types of crypto:

💰Yield Farming - this process starts by depositing your crypto assets on a DeFi platform. The platform then locks your crypto up for a period of time to help provide liquidity and facilitate trading on exchanges. DeFi platform return rates are typically much better than traditional bank accounts.

💰 Staking - The practice of contributing assets to a blockchain network in order to support it. While waiting for block rewards to be distributed, investors receive interest on their deposits.

💰 Mining - The original approach to creating passive income. Mining is the process of solving complicated mathematical problems and verifying transactions using computational power.

💰 Crypto Savings Account - These will allow you to participate in the crypto market while earning significantly higher interest ranks than a typical bank account. You will, however, have to hand up the management of your cryptocurrency to the account provider.

sums it up perfectly: Simply buying and holding a crypto asset for any length of time does not guarantee you will make a profit. In fact, it’s very possible you could lose money. As such, exclusively HODLing crypto cannot be considered a truly passive income generator.

17/02/2022

Imagine yourself buying a pair of shoes, or a coat from , knowing that with your purchase, you’ll be receiving a unique digital version that is the only one in existence. No one else but you can own that rare digital product unless you sell it. 💥💥 NFTs are tokens of ownership linked to the blockchain. They are unique and not mutually interchangeable, which means no two NFTs are the same. NFTs create scarcity among otherwise infinitely available assets — and there's even a certificate of authenticity to prove it. They are the latest crypto phenomenon to go mainstream.

28/01/2022

For a number of purposes, we believe crypto is superior to our current banking methods.
💥Crypto may replace banks by giving millions of people access to better ways to handle their finances. (7.1 million Americans remain unbanked today.)
💥Cryptocurrency will beat major exchanges by offering lower (or non-existent) fees.
💥Cryptocurrency could replace social media platforms by making the terrible companies behind them unnecessary (a decentralized social media network can't steal and use your information against you).

The list goes on and on, almost anything that is being accomplished today has the potential of being improved with blockchain technology, and that means it’s only a matter of time before a cryptocurrency is developed to topple the major institutions and provide the world with much better financial markets.

21/01/2022

Were you one of the people who sold today or are you still HODL-ing? (Holding on for dear life 😏)

Cryptocurrencies offer a new range of choices and opportunities that never before existed.

💥They offer protections for financial privacy that should be already offered by the Fourth Amendment.

💥They offer censorship resistance that protects individuals from authoritarian and overbearing governments, alike.

💥They improve the movement of wealth across the world, and most importantly, cryptocurrencies offer the opportunity for individuals to gain financial independence from their governments.

19/01/2022

The industry has exploded this past year and is projected to continue its unprecedented trajectory in 2022.

But what's next? Here are a few potential NFT use cases that we could see taking off!

Whether you believe in NFTs or not, we believe in education. This industry is growing so quickly that we believe you can't afford to NOT take some time to learn about them. Do it, we think you'll be pleasantly surprised by what you The NFT industry has exploded this past year and is projected to continue its unprecedented trajectory in 2022.

🎯🎯 Do you own any NFTs? Let us know your thoughts!

12/01/2022

2022 is full of promising projects. We are excited to follow them and hope they change the industry for the better. What projects are you keeping an eye on this year?

03/01/2022

Central Banks work to stretch money and credit as long as they can, actively working to ignore the alternative.

When a financial system backed by reserves like gold, becomes too “constrictive,” governments tend to abandon it in favor of a system that we have today called “fiat money.” Reserves or hard money (i.e. gold) is not involved in a fiat system; since it is no longer backed by an asset, it becomes just paper money that the central bank can print without restriction.

As a result, the central bank doesn’t have to worry about spending more than the reserves they have stashed. In other words, the central bank no longer has to worry about defaulting on its promises or over-extending itself.

Freed from the constraints on the supply of tangible gold, or some other asset, the people who control the money printing process (i.e. the central bank) will create even more money and liabilities in relation to the number of goods and services being produced. This works out great until those holding the enormous amounts of debt try to turn it in for what they were promised (i.e. goods and services.) If the central bank finds itself too overly extended it will have the same effect as a “run on the bank” and result in either debt defaults or the devaluation of its money.

Switching from an asset-based system to a fiat system starts a timer that results in the value of our paper money ultimately returning to ZERO!

29/12/2021

Most experts and observers believe that 2022 will be another year of increased acceptance, both in terms of its potential as an investment vehicle and inflation hedge, as well as its usefulness for payments.

Of course, acceptance will not be easy in 2022, with official rejection of cryptocurrency as probable (if not more likely) in some countries. With the market displaying renewed signs of bullishness, the general trend is likely to be toward greater adoption rather than less. What changes do you think 2022 will bring?

22/12/2021

Looking for some last minute gifts? We’ve got you covered!

📚 Crypto Books 📚
Whether you're just getting started or a seasoned investor its always a good idea to expand your knowledge. A book can be the perfect gift to do just that. Here are some great suggestions: 

•The Basics of Bitcoins and Blockchains – Antony Lewis
•The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global •Economic Order – Michael Casey, Paul Vigna
•Cryptoassets – Chris Burniske, Jack Tatar
The Infinite Machine – Camila Russo

⛏Crypto Miner ⛏
The Coinmine One is a beautifully designed and easy-to-use mining rig designed for the average joe. The Coinmine One’s plug-and-play simplicity opens up mining to even the most tech-adverse cryptocurrency enthusiasts and allows for the system to be controlled from an equally aesthetic mobile app that allows you to choose which cryptocurrency to mine.

💵 Crypto Wallet 💵
As the saying goes, “not your keys, not your crypto”. Unless you fully control and own the private keys associated with your crypto wallets, you don’t really own them. A great way to ensure full ownership and security over your Bitcoin, Ethereum, etc is with a hardware wallet like the Ledger Nano S. It’s small, portable, and can handle tons of different currencies including , , , , and a lot more. Perfect for all levels of blockchain lovers.

20/12/2021

DeFi is “the scaffolding of a shining new city where finance becomes accessible to all. Quality ideas are funded no matter who you are. A $10 transaction is treated identically to a $100 million transaction. Savings rates increase and borrowing costs decrease as the wasteful middle layers are excised. Ultimately we see DeFi as the greatest opportunity of the coming decade and look forward to the reinvention of finance as we know it.” - Duke University finance professor Campbell Harvey

16/12/2021

Despite Bitcoin's recent volatility, interest and demand are rising to levels not yet seen before. According to crypto-firm Grayscale Investments LLC, more than half of Bitcoin's current investors got in over the last 12 months.

“It is becoming increasingly difficult for investors to ignore Bitcoin as its price continues to rise,” the survey said.

Per the survey, investor preferences for how they’re buying is shifting. In 2020, more than 75% said they preferred buying via an exchange, whereas close to 60% now say they favor trading through a crypto app like eToro or Coinbase.

In another question, it shared that nearly 80% of those polled in the U.S. said they’d be more likely to put money toward the asset class if a Bitcoin exchange-traded fund existed, a product regulators have yet to approve.

As Bitcoin adoption continues to increase it will be interesting to see how regulators respond to the growing popularity of the new asset class. Further, imagine what happens to adoption once the first Bitcoin ETF finally gets approved in the US.

07/12/2021

A stablecoin is a class of cryptocurrencies that attempt to offer price stability by pe***ng it to a reserve asset. 💰

Stablecoins have risen in popularity as they attempt to provide the best of both worlds:

1. The instant processing and security/privacy of payments of cryptocurrencies, and

2. The volatility-free stable valuations of fiat currencies.

Though Bitcoin remains the most popular cryptocurrency, it tends to suffer from high volatility. This kind of short-term volatility makes Bitcoin and other popular cryptocurrencies unsuitable for everyday use by the public.

Essentially, a currency should act as a medium of monetary exchange and a mode of storage of monetary value, and its value should remain relatively stable over longer time horizons. Users will refrain from adopting it if they are not sure of its purchasing power tomorrow.

Ideally, a crypto coin should maintain its purchasing power and have the lowest possible inflation, sufficient enough to encourage spending the tokens instead of saving them. Stablecoins provide a solution for achieving this ideal behavior. ➡️ Let us know if you own any stablecoins!

02/12/2021

Have you ever wondered why the price of bitcoin is so high?

Do you find yourself hoping that cheap coins or tokens like Doge or Shiba might someday skyrocket to Bitcoin-level prices?

Instead of seeing the price of a single Bitcoin and immediately turning to a more affordable coin, don’t write it off as too expensive just yet.

Understanding the concept of market cap as it relates to an asset’s price allows you to assess the crypto space more realistically. If you train yourself to look at each coin, token, or asset in terms of market capitalization, price, and supply, you will drastically increase your ability to evaluate the market.

CIRCULATING SUPPLY – the amount of any given asset freely moving around the market

PRICE – this is straightforward…the asset’s current price

MARKET CAP – by multiplying the supply by the current asset’s price, you get the market cap.

When assets have a high circulating supply, they generally trade at cheaper prices. Because of this, they aren’t as likely to rise as high in price per coin as assets with low circulating supply. In short, if an asset has a LARGER circulating supply, its price per coin CANNOT be directly compared to the price of coins with a SMALLER supply.

The higher the market cap of a cryptocurrency, the more expensive that coin is. Expensive coins with large market caps are generally considered safer investments because the price is not easily manipulated.

The lower the market cap of a cryptocurrency (and the higher the circulating supply), the cheaper that coin is. These assets are considered riskier investments because the price can easily be manipulated. They also require an extremely large amount of money flow to raise the price.

Wondering where to find the information about market cap and supply? and are great places to start.

16/11/2021

In todays edition of you'll find out how the US Constitution and cryptocurrency is connected; Marathon Digital is in it for the long run; Venture capital keeps pouring in; and more.

12/11/2021

Miami is leading the charge again! Go to www.theweeklyhodl.com and learn how Miami is altering the bitcoin landscape. Sign up for The Weekly Hodl to read the premier source for aggregated crypto news.

08/11/2021

Congratulations to all the HODLers out there!! Ethereum just hit an all-time high again, and Bitcoin is close to breaking its' own record too! Keep Hodling and sign up for the premier aggregate newsletter for crypto news. www.theweeklyhodl.com

05/11/2021

Don't fall behind on what is happening with Crypto. Sign up for free at www.theweeklyhodl.com to get all the major news delivered directly to your inbox 3 times a week.

04/11/2021

If you aren't signed up for www.theweeklyhodl.com, what are you waiting for? In today's edition we look at who is putting billions of dollars into crypto; a loan service for bitcoin; a heavy weight gets even stronger in the octagon; how cryptocurrency is helping build schools; AND MORE! Sign up for free and stay connected.

04/11/2021