Tag Archives: artificial intelligence

How to Make the Most of Bitcoin

Bitcoin’s inception as a popular form of electronic cryptocurrency began in 2009. Many individuals have their own thoughts, speculations, and even doubts about Bitcoin. While some view it as a great form of virtual currency, others worry about its potential to be used for illegal or other dubious means. Additional individuals remain in the dark or otherwise unaware of how Bitcoin truly works and all that it entails.

Now, this form of cryptocurrency is not for everyone and that’s OK. Nevertheless, having a fundamental understanding of Bitcoin, its ins and outs, and how to make the most of it, can come in handy for just about anyone.

Know Where to Store Bitcoin

As stated by The College Investor, users who purchase Bitcoin should also store their cryptocurrency in a virtual wallet known as Coinbase. Not only does this virtual wallet allow Bitcoin purchasers to hold their cryptocurrency, but users can also make payments, purchase goods/services, and experience security features which are designed to protect Bitcoin.

While Coinbase is a pretty reputable virtual wallet for storing Bitcoin, there are certain fees associated with the trade of the cryptocurrency.

Be Aware of Bitcoin Fun Facts

Bitcoin is a mildly complex form of cryptocurrency. While many people take time to do their research before making any purchases, knowing some basic trivia always comes in handy.

First and foremost, Bitcoin cannot be inflated, counterfeited, or otherwise manipulated unlike more mainstream forms of currency, as stated by We Use Coins. However, the overall value of Bitcoin also ebbs and flows. This can result in substantial gains or losses when purchases are made with the cryptocurrency.

Users can get the most bang for their Bitcoin by making purchases at opportune times; also be mindful of the fact that Bitcoin’s rapid surges and declines in value can make predicting the best times for purchase somewhat challenging. More often than not, it is often left up to either chance or instinct.

Another important factor regarding Bitcoin is its permanence. Transactions are completely nonrefundable and irreversible; therefore, users of this cryptocurrency should always be 100% sure that they want what they’re paying for. Moreover, Bitcoin does not have to go through a traditional banking system in order to be used.

There are also more and more companies and institutions which are accepting Bitcoin as payment; however, others are not. For this reason, doing research on Bitcoin-friendly organizations and businesses can save a lot of trouble.

Purchase Bitcoin Properly

Those who are interested in purchasing Bitcoin should be sure to do in via reputable sites. There are countless scams and phony web pages which pretend to sell Bitcoin all for the sake of stealing money from unsuspecting individuals. Therefore, established legitimate sites such as Coinbase, Indacoin, Kraken, and SpectroCoin should be used by people who are interested in getting ahold of some cryptocurrency.

 

Authored by Gabrielle Renee Seunagal

An Overview of Freelancing and the Gig Economy

As the world changes, so do work options and the workforce in general. The inevitable emergence of artificial intelligence and automation has also played a role in the shift and perception of work. Traditionally, when most people thought of work, they were reminded of a specific place where they went to offer a particular service or product. However, this, too, is changing. More and more people are rejecting notions of traditional work and pursuing other options and avenues such as freelancing and the gig economy. Findings from the Harvard Business Report moreover affirm that over 150 million individuals across North America and West Europe are pursuing the aforementioned work avenues.

Thriving in the Gig Economy/Freelance Market

Many people dream of a carefree lifestyle where they can work when they want, how they want, and where they want. Despite the possibility and attainability of the foregoing lifestyle, it does not come without hard work. The first year as a freelancer can be most challenging. It takes time to network, get work from various customers, and build up a network of clientele. However, with persistence and gumption, it can be done.

One of the most important, yet frequently overlooked requirements for freelancers is the ability to work well with others. While many freelancers can work from their laptop in any location with internet access, they still have to interact with the clients who are contracting their services. The clientele is absolutely paramount to success in the gig economy. Without clients, freelancers have no business or autonomy.

Freelancers and others who work in the gig economy must also meet deadlines, complete assignments, and communicate with their customers. All of this goes back to the ability to work well with the clientele that breathes life into the freelancer’s ability to do what they do. The preceding requirements are applicable regardless of whether or not one is a freelance writer, editor, graphic designer, etc. While each field varies, the general must-haves remain the same across the board.

Getting Started in the Gig Economy/Freelance Market

When breaking into the gig economy, one of the most important factors entails knowing where to begin and how to reach clients. Thankfully, there are many job platforms such as Upwork, Fiverr, and Freelancer which are excellent for freelancers at all levels. Not only do the aforesaid platforms connect freelancers with clients, but they also allow freelancers to market their skills and abilities on their profiles. Clients who have worked with freelancers can then leave feedback on their profiles. If the feedback is positive, it may result in additional work. Feedback from past clients can also impact whether or not future prospective clients choose to do business with a freelancer or move onto others. As previously stated, clients are the ones who make it possible for freelancers to succeed in the gig economy.

A Final Word

There is no step-by-step success manual on how to succeed in the gig economy. Each freelancer will inevitably encounter their own difficulties and struggles that they must overcome in order to enjoy the perks. While each journey varies, the right tools, a strong work ethic, and the determination to succeed will make all the difference in the world.

Authored by: Gabrielle Renee Seunagal