Connect with us

Cryptocurrency Investing

Palm Beach Confidential by Teeka Tiwari & Bitcoin’s Big 2018 Boom

Published

on

It can be hard to fin a safe place when you invest into a new project. Especially with the volatile was the world has been operating recently. It’s more challenging than ever these days. And for anyone thinking of their future or retirement money, may get frustrated as there are very limited choices.

About The Palm Beach Confidential

This is a guide by Palm Beach Confidential to help you with you with the managing of your finances. I the financial advisors at Palm Beach Confidential is run by Teeka Tiwari, a hedge fund manager who is now a cryptocurrency specialist who is specialized with a relatively high-risk, investment strategy, although it has an extreme level of high returns. And the following is the guide as to how it works for Palm Beach Confidential. The information can still be considered independent and may be used by anyone to help making a choice in the future when it comes to investors.

Basically, Palm Beach Confidential is a service that offers subscription-based guidance for alternative type of investments. And as of now, that pretty much means cryptocurrencies. There are other investments in the company newsletter as well.

The guide is focused primarily on high-risk, high-return gains with extremely unstable markets. The newsletter will also bring your focus to investments that normal brokers would typically not advise on. The guide service was started by Tom Dyson and Mark Ford in 2011. And it was the following year that Teeka Tiwari started working with them, bringing is knowledge of cryptocurrency to the table.

When you buy into Palm Beach Confidential you get a lot of benefits:

The Crypto Currency Guide to Action – Your Planning Guide for Making Money in 2018 –

This is one of the most thorough reports given on cryptocurrencies and includes information on the major coins like; Bitcoin, Ethereum, Litecoin and many others. There’s also a complete write up on the strategies used to trade by Teeka Tiwari that will help you increase your gains while at the same time reducing your risks, so you can make the most money. The training is completed with a video course as well.

Blockchain Technology, the Backdoor to Cryptocurrencies

The guide to understanding the technologies behind cryptocurrency, commonly known as blockchain. This will teach you everything you need to know about the current financial revolution. Complete with Tiwari’s top three picks and how to make money with them. This is also available in written training as well as video.

12 Palm Beach Confidential Issues

This is the newsletter sent out monthly to cover all the newest opportunities you can invest in. It’s most about cryptos but often has other investments as well.

Bi-Weekly Videos

These cover all the latest news and updates, like a video newsletter basically. The videos also cover Tiwari’s Top Picks.

Along with that, there other benefits for subscribing, there is a guaranteed $100 of BTC and another report about making your money eight times over with gold.

Are They Better Than Other Similar Services?

The unique thing about the company comes with Teeka Tiwari’s knowledge and expertise. Over the last few years, he’s shown the industry that he can make tremendous investment returns in real-world opportunities focused around cryptocurrency. He’s a bit of an anomaly and is moving ahead of nearly everyone else in the industry.

While it’s true, there are investment advisors on the market, Palm Beach Confidential is on of the most thorough of the bunch. And they also provide the best research as well. Mostly they focus on lesser known companies and startups that have the potential for rapid growth and high returns.

Who is Teeka Tiwari?

As for Teeka, he’s worked in the financial sector for over twenty years. When he was only 18, he started working on Wall Street, climbing the ladder until he started the youngest VP ever at Shearson Lehman Bros. After that he was a hedge fund manager and made a lot of money doing it, enough to retire from Wall Street back in 2005.

Along with that, he was one of the first investors to realized how profitable cryptocurrencies would be. And he started investing to make massive profits with them Back in 2013, he collaborated with Mark Ford and Tom Dyson at the Palm Beach Research Group. Then recently, he helped thousands of investors make large ROIs with some of his cryptocurrency training.

Who is the Target Market?

As for Palm Beach Confidential, they are working new investors and veterans as well. The training videos are more for newer users who don’t have much knowledge about the industry. And in them, a user can learn everything they need to know about the process, knowledge on when to sell and when to buy, or to hold, so you can make the most money.

Not only that, but they are also for people who are more experienced as well. For them, there will be detailed pieces of information on new investment opportunities that wouldn’t typically come to the attention of at home investors.

The Good and the Bad Of Teeka's Reports

The Good:

The most thorough training on cryptocurrencies that you’ve ever seen. Palm Beach Confidential is one of the best advisors currently operating in the industry. And it’s backed by Teeka Tiwari, one of the most intelligent investors there are.

High end investment opportunities are highlighted in the Palm Beach Confidential will give you the best returns that normal blue-chip investments.

Thanks to brains running the show, subscribers will be able to get information on opportunities that they normally wouldn’t hear about.

As for anyone who wants the opportunity can make large profits from the unstable economic world we live in. By following the advice of trusted experts, they will be able to take advantage of the less known opportunities on the market.

The Bad:

Not a lot of information on tons of products or services outside of cryptocurrencies. Many people will get frustrated with the limitations.

Not a service for people looking for low risk or risk-free investments. This is primarily for an unstable market place with high risk investments.

There is a high potential for loss on many of their investments.

There is no money back guarantee. Once they’ve collected a payment, that’s it. The only guarantee is that if you don’t make 1000% ROI after the first year, you get the second-year subscription at no cost.

Does Palm Beach Confidential Offer Real Value for Currency?

As far as the quality of service you get from the advisory group, it’s said that you get great value. But if you’re not into cryptocurrencies, not so much. This is really just for cryptocurrency investors and those who aren’t into them, shouldn’t sign up. Even though there are other opportunities, it’s still not enough to justify the cost.

As far as money goes, you’d typically have to pay a private investor a lot of money to get guidance as good as what Teeka Tiwari does on the platform. It’s advice alone that make the platform such a great value.

Final Thoughts On Teeka Palm Beach Confidential

The Palm Beach Advisory firm offers guidance for investors who looking for high-risk, high-yield investments. The investments are mostly in the space of digital cryptocurrency. There are a few other options as well.

Along with that, there is a monthly newsletter given out that offers guidance and training. It comes in written and video formats. And teaches everything a person needs to know to start making money with cryptocurrency.

Palm Beach Confidential is able to give advice to people of all levels, and is safe to consider getting help from for investment advice in the cryptocurrency world.

Click to comment

Leave a Reply

avatar
  Subscribe  
Notify of

Cryptocurrency Investing

MetaMask: Ethereum ERC20 Token Wallet Browser Extension Beginner’s Guide

Published

on

The Beginner’s Guide to MetaMask

For those new to Ethereum or perhaps even cryptocurrencies in general, the name MetaMask has probably already popped up in conversations. MetaMask is essentially a browser extension, and acts both as a wallet and access point to the Ethereum network. Explained even simpler, MetaMask is a hot wallet.

On the blockchain cryptocurrency networks, users can opt for a hot wallet (“live” or actively connected to the network) or a cold wallet (disconnected from the network). A wallet is necessary to store personal altcoins off exchanges or anywhere else after trading or transacting.

Although many early exchanges act as a bank for digital traders, current wisdom dictates that users maintain their funds offsite. In addition, a user will very often need to fund a trading account from a wallet, as many don’t allow for fiat or legacy payment protocols.

There are pros and cons to both, and current trends see most users employing the duo as their needs dictate. A hot wallet can be accessed and pilfered through phishing or user error, whereas a cold wallet is dead to the network, allowing no access at all. A cold wallet is also sometimes called a vault, as it’s silent, secure and access-restricted.

Many users will encounter the name when looking at ICOs, because ICOs are dominated by the ERC-20 token protocol. ERC-20 is a “type” of token, developed and employed on the Ethereum network, that has proven the most malleable and compatible token structure for crowdfunding purposes. The vast majority of ICOs, while employing their “own” tokens, are actually building those tokens out of the ERC-20 protocol.

MetaMask Details

Looking at a few nuances of the wallet, since it is an organic build from the Ethereum network, the MetaMask wallet will only hold ETH coins and other ERC-20 tokens of whatever origin. Bitcoin, for example, cannot be held in a MetaMask wallet.

The other major component of MetaMask is that it is a gateway to the Ethereum network. What this means is that all of the network’s dapps are available to use for MetaMask wallet holders. Dapps are “decentralized apps” and so named because their backend code is running on a decentralized network, in this case the Ethereum network.

If dapps seem obscure, examples would be the game Cryptokitties or casinos like Etheroll, a marketplace like OpenSea and of course digital exchanges like ForkDelta and IDEX.

Without a middleman like MetaMask, a PC’s browser can’t access the Ethereum network. Not unless a user runs a “full node” and installs the whole 400GB Ethereum blockchain on their PC.

The reason why MetaMask is known as a browser extension is because MetaMask injects a javascript library in your browser page. The javascript is called web3.js and written by the Ethereum development team.

Installation and Setup Of MetaMask

MetaMask is “open source,” which means anyone can view the code on GitHub. Currently, MetaMask functions on the FireFox, Chrome, Brave and Opera browsers. Links to MetaMask extensions for all relevant browsers are readily available on the MetaMask homepage. Once installed, the MetaMask logo will appear in the top right of the screen. Chrome, for one, will typically ask you to enable an extension, but these steps are all linked and users are done with a MetaMask installation in a minute or two.

Users don’t require a username when registering a MetaMask wallet, only a password. With MetaMask, a user’s password is called a “DEN.” although a clever play on words, since the logo is a fox’s face, although this appears to be more coincidence than any deliberate naming.

After creating a password, users are issued with a unique 12-word “seed phrase.” This is a bunch of words employed to safeguard a user’s account. It’s recommended that users stash their seed words in a competent password keeper like LastPass, or similar apps. Users can also generate multiple MetaMask accounts. Every account created by a user with MetaMask will share seed words and the password, but will have a different address.

Transacting With MetaMask

Paying someone or otherwise dispatching tokens from the MetaMask wallet is a simple matter. A single click on “Send” allows users to populate the subsequent screen with a user address. Send the funds and the transaction is done, and users receive a confirmation once the transaction is completed.

When interacting with dapps using MetaMask, provided a user is logged into their MetaMask account, they can access Ethereum network dapps automatically through their browser. Logging into a dapp like OpenSea, for example, the decentralized outlet for crypto collectibles, the dapp notes a user’s MetaMask address. There is no need to log into dapps separately, as the network has user intel integrated, recognizing an account holder wherever they go on the Ethereum blockchain.

MetaMask is free to use, users paying only the “gas” cost – the base cost of transacting on the Ethereum network. Gas is the fee required to effect any transaction on the Ethereum network. It is denominated in “Gwei,” one billionth of an ETH. Looking at overall UX, MetaMask is a reputable offering, with good support and a welcome absence of any dark press.

Protecting Your MetaMask Account

How Safe is MetaMask? In the world of cryptocurrencies, security is top of the list. Constant hacks and successful phishing attempts keep making the papers, while legislators are still battling to bring regulation up to the same level as legacy fintech. Since cryptocurrency thefts cannot be undone by identifying the thief and reclaiming funds, users should always have security uppermost in their minds when employing their MetaMask wallet.

It is advised to log out of a MetaMask account when it’s not being used. When a user is logged in, the account is considered “unlocked” and more vulnerable than when shut down. Open MetaMask accounts  enable crooks to glean a user’s wallet address, token types, the wallet balance and especially transaction history.

Don’t be fooled into thinking that phishing can only happen via mail, however. Users should be aware of suspicious pop-ups or other notifications while signed into their wallet, as this can also be indicative of a phishing attempt.

Things like irregular pop-ups that ask a user to sign for a pending transactions are high risk. So too are messages telling users that their last transaction failed, then rerouting the repeat transaction to a different address. Much like cyber criminals emulate bank UIs and present with all the right logos and all the right colors in place, so too have there been instances of phony interfaces emerging.

For the best secure arrangement, users would employ a cold wallet like Ledger or Trezor Model T. For human reassurance, keeping the bulk of one’s altcoin holdings in a cold wallet can’t be beaten. That said, MetaMask has never suffered a hack nor had other instances of bad, sad press around lost funds and theft.  To date, the wallet is impervious, and user losses stem from phishing attacks for which MetaMask can’t be blamed.

MetaMask Conclusion

MetaMask is elegantly simple and easy to use. The wallet-stroke-network enabler has become the most popular and convenient route to navigating, paying and trading on the Ethereum network. Standing back and looking at the offer as a non-technical or, rather, non-crypto person might, as an offer it’s very simple and easy to install.

Even newcomers can quickly grasp the essence of it and get on with interacting on the Ethereum blockchain. MetaMask is intuitive and has been elegantly simplified because of its homegrown Ethereum nature. Any hot wallet, however, carries a higher risk than any cold wallet, and users should always have caution in mind when transacting via the wallet.

You can read more about MetaMask here: metamask.io

Continue Reading

Cryptocurrency Investing

Top 6 Cryptocurrency Exchanges Using Own Coins For Reduced Fees

Published

on

Best Cryptocurrency Coins Which Grant Dividend Or Reduced Fees In 2018

The cryptocurrency space has gained incredible momentum in the last few months. This is fueled especially by the existence of coins that not only earn dividends for the owners but also earn passive income while at the same time offering very low transaction fees.

6 cryptocurrency exchange coins and tokens that make money in the Crypto sphere are discussed below in detail.

KuCoin Shares (KCS)

KCS is a native token owned by KuCoin Cryptocurrency Exchange which is based out of Hong Kong. A total of 100 Million tokens of KCS were distributed during the KuCoin Initial Coin Offering (ICO) in 2017. KCS tokens are fundamentally ERC 20 tokens. The current value per token of KCS is US$ 4.78 and the market capitalization is approximately US$ 435 Million.

Holding KCS tokens is extremely advantageous for both Holders and traders. KuCoin Shares have a reward ratio for the holders. 10% goes to KuCoin, 50% goes to the KCS holder and 40% belongs to the referred individual. 10% of the Exchange`s profits are used in buying back the KCS and then burning the tokens. This means that KCS holders are further rewarded due to the appreciating prices.

Furthermore, Owners of KCS receive 50% reduction of the platform`s trading fees on all the volumes in the Exchange. Due to the referral system at the KuCoin Cryptocurrency Exchange, owners of KCS receive higher passive income.

Binance (BNB) Token

BNB is a native coin that is owned by Binance, which is one of the best cryptocurrency exchanges in the current Crypto market. Binance exchange was developed in China but relocated to Japan in September 2017. BNB has a current market value of US$ 11.82 and a market capitalization of US$ 1.3 Billion.

BNB is also an ERC 20 token with a fixed supply of 200 Million. During the Initial Coin Offering (ICO) in 2017, the BNB token was generated to fund the development of Binance Exchange. Owners of BNB token use it to pay for fees on the Exchange`s platform. These fees include withdrawal fees, Listing fees, Exchange fees and any other applicable fees.

Binance buys back 20% of BNB tokens in every quarter which the Exchange then burns until the total circulation reaches 100 Million. For holders of BNB, the total cost of trading at the platform is reduced by 50%. The owners of BNB also receive regular dividends when the BNB tokens are regularly burnt every quarter till the total supply goes back to 100 Million. The increased daily volumes at the Exchange further increase the benefits by providing an increased passive income.

CryptoBridge (BCO) Coin

BCO is a native crypt-compatible coin created in July 2017. It is owned by the Decentralized Cryptocurrency Exchange (DEX) called CryptoBridge Dex which allows trading of most of the popular Altcoins. This Exchange utilizes the multi-signature federated gateway.

BCO coin is mineble and unlike KCS and BNB, it is not an ERC20 coin. BCO Coin has a current market value of US$ 1.64 and a market capitalization of US$ 45Million. Holders of BCO get 50% of the share bonus earnings of CryptoBridge Exchange when they stake their BCO coins.

For 3 months they receive 20% bonus, for 6 months they receive 50% bonus and for 12 months they receive 100% bonus. However, staking their coins for 1 month yields 0% bonus.

COSS Token

COSS is an ERC20 token that is owned by COSS Cryptocurrency Exchange located in Singapore. COSS exchange has matching features like Binance and KuCoin Exchanges. The Exchange is unique since it embraces plans of being a USD Exchange as well as payment processor.

The current market value of the COSS token is US$ 0.29 with a market capitalization of US$ 23 Million. The COSS Exchange retains and validates all the transactions that are initiated at the platform on the Ethereum Blockchain.

COSS has a great dividend program. The holders of the coin are paid 50% of the total earnings from the Exchange trading fees on a weekly basis. Additionally, holders can store their coins at the COSS Exchange platform or at an ERC20 enabled wallet such as MyEtherWallet.

CryptopiaFeesShares (CEFS) Token

CEFS token is another dividend earning token that is owned by the Cryptopia Exchange which is one of the most popular digital Exchanges trading numerous Altcoins. Cryptopia is headquartered in New Zealand.

CryptopiaFeesShares are very expensive and rare. The current market value is US$ 1,816 per token with a total supply of 6300 CEFS. The Cryptopia mining platform for cryptocurrencies is well streamlined and easy to use.

The holders of CEFS Token receive 4.5% of the monthly earnings from Cryptopia platform which is then distributed proportionately as per the CEFS holdings. Holding the token for longer periods leads to more returns.

Bibox (BIX) Token

BIX is a native token that is owned by the Bibox Exchange, an all enhanced-encrypted Exchange which was founded in China. It also has similar features like Binance. This exchange enables traders to trade numerous Altcoins. The exchange supports different languages like English, Chinese, Korean, Mandarin, Vietnamese and Russian. The Exchange is also unique since it has the capacity to trade cryptocurrencies while utilizing Fiat currency within the same medium.

The current market value of BIX is US$ 0.6 with a market capitalization of US$ 63M and a circulating supply of 105,918,066 BIX. The tokens are bought back and burnt regularly until the total supply reaches 271 Million.

Holders of BIX receive rewards in the form of fee reduction. BIX tokens have various uses especially in paying for the Exchange`s fees like Exchange fees, Listing fees and Withdrawal fees. The discount rates for using BIX are as follows: 50% in year one, 25% in year two, 12.5% in year three, 6.25% in year four and 0% in year five.

Our Final Thoughts

Conclusively, the best coin or token depends on the goal of an individual. For instance, an individual who is actively involved in trading is better suited to possess the BNB token while an individual whose purpose is passive income, then KCS is ideal. High volumes of the trading Exchanges will mean more dividends while the costs in trading and the referral systems will mean more passive income.

Continue Reading

Cryptocurrency Investing

Top 5 Most Common Bitcoin & Cryptocurrency Scams in 2018

Published

on

Cryptocurrencies have become a bit of hot cake. On one hand, lots of people are getting in and making a lot of money. Others are getting burned and losing their life savings in a bid to play in the markets and make a killing.

Most of those who do often invest in cryptos known as scam coins. These cryptocurrencies are designed to rip off people, and solely benefit their creators.

But because most newbies have no idea of how to identify the real moneymakers from the scams, many get burned, losing a lot of money in the process. This article is contains information on the more common cryptocurrency scams, show you how to identify them, and more importantly, teach you how to protect yourself, so you don’t get ripped off.

Types Of Cryptocurrency Scams

1. Cloud Mining Pools

Please understand that there are some legitimate cloud mining services out there. So, not all of them are bad. That said, this is one of the more common ways people lose their money.

These companies attract people who want to go into cryptocurrency mining, but have neither the time nor the money to buy and maintain their own cryptocurrency miners. So, these companies offer to help them mine, in exchange for a fee and a promise of the profits.

To identify the legit operations from the fraudulent ones, look for their registrants, company team lead and location. A major red flag is if you cannot find direct details when you do a whois lookup of their domain name.

But that alone isn’t enough. Look for transparency in terms of who runs what. Legitimate cloud mining services will have either their whois details available and/or information on the team managing the service.

Also be wary of companies registered in the US or UK, but with all team members resident abroad. If you cannot find a local address that’s verifiable, you might want to keep your money as that’s another red flag.

2. MLM Cryptocurrency Organizations

These are popping up all over the place and promising to make people instant millionaires. All participants have to do is get more people on board to invest in a specific cryptocurrency or a proxy project and they’ll profit from it.

The reality is that while there are legit multilevel marketing schemes, many of these crypto based MLM programs have no tangible product or service to sell. If the only thing they’re selling is a pyramid scheme, run and don’t look back.

3. Bogus Initial Coin Offerings (ICOs)

More and more people are realizing that they can make a lot of money from initial coin offerings. These people are taking advantage of the unregulated nature of the crypto space and the ease of creating tokens to launch ICOs.

In fact, it is estimated that over $1 billion has been invested in ICOs in the last 6-12 months, with many being unrealistic or downright fraudulent.

Unfortunately, many of these scammers are becoming more savvy and cleaning up their act by presenting a legitimate front –often with roadmaps, white papers, detailed information about their “projects” and other trappings that make their campaigns look legit. So, while it’s getting more difficult to spot the fake ICOs, it’s not impossible.

For starters, research thee company itself. If it’s been in business and has a good reputation, then you have a winner. If it’s new, has no reputation, and isn’t transparent about its processes, team or location, close that tab and keep looking.

Also, look at their management team and research them. Always go for those with well known and reputable team members. And if their promise or project sounds too good to be true, chances are it is.

4. Crypto Investment Packages

These are primarily bitcoin based and more formally known as bitcoin investment packages (BIPs). These are similar to cloud mining in the sense that they promise daily returns which are usually smaller percentages of your investment.

They often start out well to gain your trust, and then one day, disappear. This is another pyramid scheme designed to fleece you of your hard earned money. Users tend to fall for it by reinvesting their funds only to have their returns and payments gradually slow down and stop coming in altogether.

For these packages, we’ll say just walk away completely. And if you want to do this, just understand that it’s a short term Ponzi scheme and go in with your eyes open. For best results, get in at the very early stage, make your money, and cash out.

5. Pump and Dumps

These are projects created by individuals or consortium's for the sole purpose of driving the price wall up, and then cashing out once it reaches a predetermined price.

When you see cryptocurrency prices going up for no reason whatsoever, know that it’s a pump and dump in the making. If you want to partake, just make sure to get in early, enjoy the ride and cash out quickly. However, we don’t recommend investing in schemes like this at all.

There are communities that are solely dedicated to this. The go in and buy huge quantities of a certain cryptocurrency, watch the price artificially inflated and others get on board, then dump the coins after making a lot of money.

How To Protect Yourself From These Cryptocurrency Scams

There’s one simple thing to look for, and that is the use of cryptocurrency. Always lookout for the following when looking to invest in a cryptocurrency:

  • An active community
  • A development team dedicated to the project
  • Transparency from the company
  • Valid viable use case that solves actual problems
  • History

Always research a cryptocurrency before investing in it. A simple search string like “[intended cryptocurrency] daily reddit” will be enough to show if they are legit or not. Also look for mentions in major news outlets, visible team leads with a track record of results in and/or outside the industry and backers.

Continue Reading

Trending