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A Guide to Alcohol Addiction During the COVID 19 Pandemic

Claire James
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A Guide to Alcohol Addiction During the COVID 19 Pandemic

When lockdowns and stay-at-home orders were implemented in multiple US states as a means to strategically avert causalities caused by the coronavirus disease 2019 (COVID-19) transmission, alcohol sales increased dramatically for the last week of March 2020.

Nearly a week later, the World Health Organization declared that alcohol use during the pandemic could possibly increase with regards to health issues as well as associated risk-taking attitudes.

This article seeks to underline the affect alcohol addiction has left during these difficult times in our history, as well as ways to find release from the pressure of lockdown and improve your recovery chances via the right substance rehabilitation help.

Alcohol Addiction and COVID-19

Alcohol addiction can be defined as an excessive alcohol consumption and sometimes losing control over one’s alcohol intake.

Having an addiction to alcohol is one of the most prominent mental disorders around the word. At the same time, it is also one of the most stigmatized in modern society

During the start of the pandemic, people with an addiction to alcohol were confirmed to be at a bigger risk of contracting the deadly virus not only due to the harmful impact the substance has on their health but also because of its relation to homelessness or arrests.

It is for this reason vital, especially under these unique circumstances, that those who need help because of their alcohol abuse receive even more help and support than they would when there is no lockdown.

General Myths about Alcohol and COVID-19

Misinformation had been circulating around social media and other outlets, and many myths emerged regarding alcohol consumption and the Coronavirus pandemic. The most prevalent being:

Consuming alcohol kills COVID-19

Drinking alcohol will not eliminate the virus, and its consumption would only add to the health risks if a person becomes infected with the virus. Highly concentrated alcohol is only effective as a disinfectant when applied to your skin, externally, but has no effect on the virus when ingested.

Alcohol boosts your immune system and resistance to the virus

Alcohol is a central nervous system depressant, and as such negatively affects many functions of the human body system. It will not increase immunity and resistance against the virus. In fact, it has been advised that you avoid alcohol in order for you to not undermine the functionality of your own immune system.

Alcohol Addiction and Social Distancing

The recommendations regarding social distancing during the pandemic, had posed profound and significant challenges to treatment services. Social support is extremely beneficial for assisting people who want to recover or prevent an increase in alcohol consumption.

Recovery programs that are designed on peer support, as well as multiple behavioral therapies, have been successful for people who battle to maintain their sobriety or to limit their alcohol intake.

During the course of the pandemic, in-person gatherings for this form of treatment have been problematic. Those who are in recovery or those seeking help as a first-step could benefit from online support group meetings.

Continuous online social interactions have had a positive effect in many instances, improving moods and decreasing the use of alcohol as a coping mechanism.

Exercising social distancing does not mean that you have to socially isolate yourself. There are many proven methods that can assist in discovering positive ways to handle stress while decreasing the likelihood of resorting to alcohol.

Treating Alcohol Addiction Opened a New Market

While saving countries from increasing losses every year, combating alcohol addiction during the pandemic provided an “economic benefit”.

A recent report suggested that the international trading capacity for treating alcohol and nicotine addiction increased $4.7 billion in 2020. It is expected to increase to $5.1 billion in 2021 and reach the astonishing $7.9 billion by 2026. Countries and businesses who invest in finding solutions are said to benefit the most.

Signs of Alcohol Addiction

During these trying times, one should be weary of any alcohol intake. Seek help if you, or anyone you know, exhibit these signs of alcohol addiction:

  • Dramatic increases in alcohol consumption
  • Worry and concerns shown by family or friends
  • Sleep patterns that have changed
  • When drinking interferes with everyday life or becomes a priority

Getting Help for Alcohol Addiction

The world is in a challenging state right now with COVID-19, however there is help available. Getting to grips with all the available treatment options is the first step. From behavioural therapy to medication to support groups – the options are many. One thing is certain, though – receiving treatment can improve your chances of beating alcohol addiction. It is possible, even during the heaviest of lockdowns.

How To Negotiate Auto Finance Deals

ABC Staff
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How To Negotiate Auto Finance Deals

Over 90 percent of new vehicles are purchased via a finance arrangement of some kind. Auto finance deals might make a new vehicle affordable, but you might find yourself dealing with massive interest rates, inflexible conditions, and extra costs if you aren’t careful.

Consumers, often daunted by the terminology and cowed by the aggressive sales tactics, accept the first finance deal offered to them by the dealership. Dealers earn a significant percentage of their profit on the commissions on such deals, which means that they have an incentive to oversell. However, it also means that they have a lot of room to move on such deals if you negotiate.

The following is a brief guide on how to negotiate the best car finance deal to make sure that you aren’t ripped off.

Why You Need to Negotiate Your Auto Finance Deal

You have probably done hours of research and shopped around before selecting your vehicle. You have probably also negotiated with the dealer about the price. If you accept the first finance arrangement the dealership offers you, however, all your hard work will be undone.

It is estimated that almost 20 percent of car dealers make more than 50 percent of their margin from commission on auto finance deals. It therefore means that they have an interest in encouraging you to take on the most expensive financing option available. They will likely subject you to a lengthy sales pitch, in which they will try selling you everything with the finance deal from rustproofing to extended warranties.

Fortunately, it also means that they have much more room to move if you are ready to negotiate with them. Here is how you can fight your corner and make sure that you get the most inexpensive and favorable financing arrangement for your new vehicle.

Never Lose Sight of the Vehicle’s Actual Cost

It might seem easier to negotiate the price of your monthly payments for your vehicle. After all, it will be the amount of money that will be coming out of your bank account each month. However, it is always important never to lose sight of the vehicle’s total cost along with the total cost of the finance deal.

In fact, discussing the monthly payments as opposed to the vehicle’s price, is a strategy often used by dealers for the purpose of obfuscating costs and convincing you to max out your budget. For instance, they might ask: “How much would you like to spend each month?”

First, ensure that you have established and negotiated the price of the actual vehicle before arranging the finance deal. It is also important to do some math to find out how much you can expect to spend throughout the finance deal. It will include fees, interest rates, and add-ons and will help you not to overcommit or to be sold either a finance deal or vehicle that’s too expensive.

Keep Your Interest Low

You will also have to pay interest on the loan when paying for a vehicle on finance. You want to find the deal with the lowest possible interest rate. The rate offered by your finance provider will depend on your credit score, but don’t be afraid to ask them to adjust since they probably have some discretion regarding the rates that they can offer.

You can even limit the total interest payments, and by extension the overall costs, if you put down more money as the deposit and opting for a shorter-term finance arrangement. It is possible to find low APR car finance to keep repayments down.

If you have poor credit and the finance provider does not want to budge, don’t just settle for an auto finance deal with exorbitant interest rates. Don’t be afraid to walk away and seek out other finance providers, dealers, or other ways to finance your auto purchase, which includes guarantor loans.

Keep the Loan Term Short

You might be tempted to sign up for a finance product with a lengthy term to keep your monthly payments low and help you pass affordability costs, but it is always important to remember that long-term loans come with their own unique risks and costs. Borrowing money for a longer term means paying more in interest.

Furthermore, a longer loan term increases the length of time that you will be in negative equity on the finance product. Negative equity means that you owe more on the vehicle than it is actually worth and it occurs because vehicles are depreciating assets, particularly in the first months of their life.

If you are in negative equity, it will be impossible for you to either sell or trade-in the vehicle in case your circumstances change and you need a new vehicle or you are no longer able to afford the repayments, without first paying hundreds if not thousands of dollars out of your own pocket.

Avoid any auto finance deal with a term greater than 5 years, no matter how hard the dealer or finance manager pushes it. The sweet spot is 3 or 4 years.

Avoid the Extras

Finance providers and dealers will always try to get you to bundle everything from GAP insurance and servicing packs to PPI with the auto finance deal. Some dealers will actually attempt to sell you unnecessary extras such as home insurance when auto finance is all you need.

In general, you need to be wary of the extras and not agree to any additional provision that you have not researched thoroughly and run comparisons on. Tacking on all the extras being pushed by the dealer carelessly will only inflate your monthly payments and total vehicle costs, while increasing the dealer’s profit.

Don’t Be Afraid to Walk Away

The right vehicle at the right price is ultimately not right for you if you find yourself locked into expensive and unfavorable finance deals to purchase it. If the finance provider doesn’t want to budge on a lengthy term or high interest rate and aggressively keeps pushing extras, don’t be afraid to walk away and seek out another vehicle, and another financing product elsewhere.

In fact, if you show a willingness to walk away, some of the non-negotiable prices and rates might start moving.

PCR Tests Glasgow: International Travel And Quarantine

Claire James
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PCR Tests Glasgow: International Travel And Quarantine

If you are coming from a nation on Scotland’s red list, you must take a PCR Test in Glasgow within three days of arriving. This is still the case  whether or not you have received all of your vaccinations.

 If you are traveling from a non-red list country, are above 18, or have not been completely vaccinated, you must undergo a test. When you board your flight to Scotland, you must confirm that you have taken a test and that the outcome of your PCR test Glasgow is negative. When you arrive in Scotland, you may be requested to provide documentation as proof of a negative test.

The Sort Of Test You’ll Need To Purchase

  • An antigen test, such as a lateral flow device test, may not fulfil the required criteria, albeit many lateral flow devices. 
  • A PCR test in Glasgow which can be rapidly processed and analysed in a lab

What Your Test Results Should Include

You should bring with you the original test result certificate. A paper test result and an actual result through email or SMS text message are two examples of this.

Specifically, the following information has to be provided in the test outcome:

  • your name, which must correspond to the name on your travel papers
  • your birth date or age
  • the test’s outcome
  • the date on which the test sample was collected or received by the firm or business that performed the test
  • the name of the organization or firm that performed the test, as well as their contact information

Positive COVID-19 Test

You must not travel if your test results are positive. For positive COVID-19 situations, you must follow local norms and guidelines.

If the outcome of your PCR test in Glasgow is unclear, you must retake it. In some rare cases a void result may be returned. This normally indicates that the result of the test has been voided and cannot be confirmed as positive or negative. 

Previous Positive COVID-19 Test Result

Suppose you recently tested positive for coronavirus, and it has been more than ten days after your positive test. In that case, you may be afraid that you may test positive again before departure, preventing you from traveling. Evidence of past illness does not waive the necessity to give a negative pre-departure test to travel to Scotland or provide a negative post-departure test once there. This is done to reduce the possibility of re-infection with a different coronavirus variant.

If you have had COVID-19 in the past 90 days, we suggest that you use a lateral flow device (LFD) for pre-departure testing since LFDs are far less likely to yield persistent positives for someone who has tested positive in the last 90 days. As previously stated, LFDs must achieve minimum specificity and sensitivity levels of 97 percent and 80 percent, respectively.

Taking An Exam In A Nation Where You Are Traveling

When you board a flight from or into Scotland, you will be required to produce your PCR test results.

If you do not have a PCR test in Glasgow because you could not get one in a nation through which you travelled and are thus unable to enter the country, you will be permitted to board your flight  to Scotland.

Travel Inside The United Kingdom And The Common Travel Area

If you have only visited these countries in the ten days before your trip to Scotland, you do not need to take a COVID-19 exam.

  • Ireland
  • Northern Ireland (Ireland)
  • England
  • Wales
  • The Isle of Man
  • Jersey
  • Guernsey
  • Ascension
  • The Falkland Islands
  • Saint Helena

Testing After Arrival In Scotland

You must adhere to the guidelines you will have to follow once you arrive in Scotland. The rules may differ based on whether you have been adequately vaccinated and where you are traveling from. If in doubt , look into booking A PCR or antigen test in Glasgow to ensure that you meet the local health and travel requirements. 

Booking A Test

Asymptomatic

The Scottish Government recommends testing using lateral flow devices twice a week.

Many Coronavirus (Covid-19) carriers have no symptoms and may be transmitting the virus unknowingly. Asymptomatic testing allows health authorities to identify and isolate more patients, giving  a higher chance of preventing the virus from spreading.

With Symptoms

If you develop a fever, a new chronic cough, or a loss of taste or smell, it is imperative that you isolate and take time to get a test delivered to wherever you are staying if at all possible. Limiting your movements can help to ensure that you don’t become a spreader and transmit the virus to other people that you would normally come into contact with. 

The best payment machine: compare card readers from the top players

Claire James
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Card machines have emerged to be the backbone of card payments. That is because, not only do they facilitate improved tracking, but even enhance the accountability for the vendors. These card readers can turn around the business for visionary entrepreneurs. Using adept card readers makes the payment process smooth and renders an enthralling experience for the customers at large. In solving the quest of becoming a cashless business, robust card machines are a must-have. Card readers that have modernized technology help in exhibiting greater flexibility to the businesses. Additionally, they are the right-hand of Pos, which offers more potency than just reading cards.

What makes card payment machines fruitful for businesses?

Credit card readers have a lot many lucrative advantages to proffer, both to the businesses and customers. They offer an unmatchable speed during the checkout while processing transactions. Customers can conveniently make their payments with a swipe and not even a tap on the angelic machines. Thus, the customer experience becomes enriching and in turn prosperous for the businesses. Card readers also come with a plethora of business analytics and business insights. These thorough reports help businesses in organized stock and monthly sales management.

There are features that you have to cast around and compare card readers  with when you’re looking for those perfect card readers are:

Integrated advanced technology

When you are hunting for a worthy card reader, the first thing that should come to your mind is advancements. These advancements would mean the newest technological solutions offered by the machine. For instance, the newfangled feature that has come into play is the mobile card readers. With the surging digitalization and smartphone addiction, this advancement couldn’t lag. These mobile impaneled card payments are better convenient and render customers with an unparalleled experience. One such card reader provider with the latest features enabled is Sumup.

Security

While you compare card readers, this factor is imperative with online payments because you cannot compromise on the transaction’s safety. Therefore you need to look for a card reader which is highly dependable. The device should be such that businesses feel carefree using it for making or receiving payments. It should be able to contain the chances of any fraud or theft. The devices should have a cryptographic integration that authenticates the transactions better. The robust and encrypted processing should keep all the hackers afar.

Agility

In the end, you would want your customers to walk away with a big smile. This is possible if your checkout process is speedy and they don’t have to wait for payment processing. A card reader should be such which eradicates the problem of latency or tardy processing. This specification will make your machine buying and the client’s payment settlement experience worthy. Thus, the interface of the card reader should be smooth as cream. This will entrust the clients with enhanced convenience.

Easy set-up

A card reader which can be easily set up yet does not neglect the safety measures is a go-to. Businesses will always have their eyes wide open to seek a card reader which offers hassle-free configuration. For instance, mobile card readers are mobile-responsive and are easily supported by smartphones. All you have to do is plug in your device to a smartphone, direct to the payment software. After this, you can seamlessly get the payments processed in no time.

What factors should be considered before buying health insurance for your family?

Sam Allcock
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The availability of different health insurance plans can make it difficult to choose the right one that offers maximum coverage when we need it most. You can get confused when you are trying to pick the right policy. As you read through all the different types of health insurance, their benefits, inclusions, and limitations, it might seem daunting. Many people simply buy a health plan without determining whether or not it is right for them. A tangible result of the Covid-19 pandemic was the persistence of the need for health insurance.

 Health insurance family has always been necessary, but the need has become more apparent in the aftermath of the pandemic. People suddenly saw the importance of health insurance, and more people are purchasing them. Even if we remove the impact the pandemic has had on our minds, you must have a health insurance policy as part of your financial planning. An unexpected medical emergency causes a significant influx of cash because it cannot be postponed or ignored. Due to medical inflation, treatments and medical expenses are becoming increasingly expensive, which causes one to fall behind on their financial goals.

This is why you need a medical insurance plan to protect your savings during medical emergencies. Medical insurance plans cover the medical expenses you incur during hospitalization. You need to keep various aspects in mind before finalizing a health insurance policy for your family. This will ensure that the policy is comprehensive and provides adequate coverage. These plans cover the coverage of multiple members of the same family under a single policy.

Tips to choose the best health insurance for your family:

  1. Select the type of health plan which suits your needs: Every insurance plan has a different variant, and each variant provides a different type of coverage. So, after choosing a plan, your next move is to determine what is the right one for your family. In an ideal world, you would be able to insure yourself, your spouse, and your children in one family floater policy. If you have dependent parents, you might want to insure them separately with a senior citizen policy. Along with a family health insurance policy, you should also consider a critical illness insurance policy. The policy will cover you against dreaded illnesses, especially in these difficult economic times, and will pay out a lump sum for the expensive treatments.
  2. Calculate the total sum insured: A sum insured that is sufficient to cover the expected medical costs of all the members of the family should be selected for your health insurance plan. This means you need to determine the number of family members that must be covered. A high sum insured is desirable because of rising medical costs and medical inflation. However, a high sum insured also translates into a high premium. You can choose to top-up or super-top-up your health insurance for enhanced coverage without paying a significant outlay of premiums if affordability becomes a concern.
  3. Analyze the benefits offered: To buy the best health plan for the family, the next step would be to make sure the plan offers all the necessary benefits. Getting comprehensive coverage is essential for covering all possible medical expenses. Also, you should ensure that the benefits are suitable to your needs when considering coverage benefits. For instance, a newlywed couple should choose a health plan with maternity benefits. By having this coverage, you would not need to worry about facing any financial obligations from childbirth costs once you have a child.
  4. Look for the hospitals covered in the plan: A cashless hospitalization is an option provided by health insurance plans. This means your insurance company is responsible for paying the hospital bill on your behalf. Therefore, cashless hospitalization is a convenient and efficient method of payment. However, the benefit is only granted to you if your insurance company has a tie-up with the hospital. You can find the hospitals in your city on the website of your insurance company because many insurance companies are linked to a network of hospitals.
  5. Make sure to compare the premiums: Every insurance company offers different pricing plans, which affect premiums. When choosing your health insurance policy, you should compare the coverage that they offer and the premiums they charge to find the best deal. You shouldn’t compare premiums without considering coverage benefits. The low premiums of a plan might not be representative of the comprehensiveness of the coverage. To make sure that you always choose a plan that offers comprehensive coverage at affordable premiums, compare the premiums against the coverage benefits.

Health insurance plans are necessary for everyone. If you need to get one for your family, make sure to choose the right plan from Care Health Insurance by considering the aforesaid points and looking for the best options available with them on their website.

Popular Amsterdam Canal Cruises

Claire James
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Popular Amsterdam Canal Cruises

Evening Canal Cruise

Amsterdam is a city with a dreamlike feel. This quality only increases as the sun sets and illuminates the streets and waterways with ornate lamps and moonlight. Book a spot on an evening canal cruise to be part of this magical evening.

This cruise will take you through some of Amsterdam’s most iconic landmarks in 60 minutes. Multi-lingual audio guides will provide information about the city’s many structures and landmarks. This cruise sails through Amsterdam’s red-light district, where no other daytime cruise will take you. You can even enjoy a drink aboard.

Amsterdam City Canal Cruise

The Dutch capital is famous for its numerous structures with elaborate baroque facades. The 75-minute cruise will take your back to history as you visit as many as 1550 historic buildings. You will be able to hear the audio guide about the city’s history and famous landmarks such as the Golden Bend, Overhoeks, and Music Building. This audio guide will allow you to see the city’s evolution from 17th century to 21st century.

This  Amsterdam Canal Cruise is unique because it provides a special treat for its children. The cruise allows children to listen to stories through their audio sets. Interactive experiences include everything from mission booklets and eye-patches.

75 Minutes Day Canal Cruise

Enjoy a 75-minute cruise that takes you through Amsterdam’s most iconic parts. You will be amazed at the Dutch Baroque architecture found along the canal banks. Feel the artistic expression emanating from this UNESCO World Heritage Site. Not only will you see the Amsterdam of the 17th century renaissance era, but also the 21st century look. This day cruise includes everything you need, from the Golden Bend to Overhoeks to the Music Building at the harbour to the VOC Ship.

This 75-minute boat tour is economically priced and includes audio commentary in 21 languages.

Hop-On-Hop Off Canal Cruise

It is best to explore a city at your own pace. You can do this with the Hop-on-hop off Canal Cruise. A ticket can be purchased for either 24 hours or 48. This ticket gives you unlimited access the sightseeing boats of the city. These WiFi and GPS-enabled cruises can be boarded at 10 Amsterdam stops.

These cruises have two routes and the stops along each of the blue and green lines are different. It is worth checking the times of the cruise and the stops that you would like to visit on a particular day.

Amsterdam Lights Festival – Water Color Cruise

Take a water color cruise during the Amsterdam Lights Festival. This unique festival features artwork that is illuminated by light and placed around the city. You can expect comfortable seats, audio guides in English and Dutch, as well as the chance to view some of the most beautiful artworks from around the globe. The theme for this year’s cruise is “The Medium, the Message”. Your cruise will allow you to see all the lights from a different angle and really understand the medium.

Amsterdam Culinary Cruises

The Amsterdam Culinary Cruises offer the best way to enjoy a delicious meal on the water while you cruise along the canal in a boat. These cruises offer breath-taking views of Amsterdam City and allow you to wine and dine onboard. You won’t be able to find the right place to look for the sights or food you are eating. You can!

Most popular Amsterdam Culinary Cruises

Evening Canal Cruise with 4-Course Dinner & Drinks

You will sail in a luxury boat through the famous canal network of the city, under the light of twilight. You will enjoy a magical evening among the illuminated buildings and the luxury boat. As you cruise through the city, take plenty of photos. Enjoy stunning views of 17th-century houseboats and grand old mansions in all their illuminated glory. The 2-hour dinner cruise will take you to some of the most stunning, atmospheric, and magically lit places in Amsterdam. The captain provides running commentary.

Dutch Wine & Cheese Candlelight Cruise

Europe is well-known for its delicious cheese and vineyards. Dutch Wine and Cheese Cruise is a unique opportunity to experience this culture. You will be able to get unlimited Holland’s beer, wine, and soft drinks along with a variety of cheese and charcuterie platters. A multilingual guide will walk you through the history and architecture of the intricate network of bridges and buildings. As you enjoy the night-time splendour of Amsterdam and its canals, we promise you’ll be transported to a magical land.

Bitcoin Price: How Is It Formed and Will It Rise in the Future?

ABC Staff
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Bitcoin Price: How Is It Formed and Will It Rise in the Future?

What is the first thought that comes to your mind when you hear the name Bitcoin? Most traders associate it with an incredible jump in price in the first place. Within a period of 10 years, its value grew from a few cents to around $70,000. And that is the key fact that propels the demand for it. Yet, due to all sorts of gossip and false prejudices, many beginners cannot dare to make such an investment and miss considerable profits.

Bitcoin was the first cryptocurrency to enter the market. This event took place more than a decade ago ― in 2008. So, over this period, traders and investors had an opportunity to make sure that this asset was substantial enough. Its value and impact keep on growing year after year. Yes, there are certain perturbations from time to time, but the situation recovers stability every time as well.

It is well-known that this crypto is decentralized and cannot be controlled by any governments and banks. Then, how is the Bitcoin price formed? There are 8 factors:

1. Long-term investment volumes. The higher demand, the higher the rate.

2. Short-term trading activity. This crypto is characterized by increased volatility, which allows speculators to make good money from its daily fluctuations. Every day, one can watch billions of bubbles and liquidations in the corresponding charts. That provokes extra fuss and panic, which attracts more traders and pushes the rate higher and higher.

3. Development of decentralized finance. New inventions in the sphere of blockchain contribute to the value of this crypto.

4. Popularization of Bitcoin as a payment means. It is already supported by PayPal, Visa, and Mastercard.

5. Decisions and announcements made by governmental bodies and politicians. Although they cannot have a direct influence on its rate, such news makes a huge fuss.

6. Statements made by celebrities, big businessmen, and influencers. The most commonly known example is Elon Musk.

7. Reductions in refunds paid to miners. Such procedures are predetermined by the code of this crypto. They took place once in 4 years (approximately). And, according to statistics, within 1.5 years after such a reduction, the price of the crypto grows by several times. So, for the latest time, it was executed in May 2020. At that point, the rate was around $10,000. And 1 year later it reached $60,000.

8. Growth of its user base. The more wallets, the higher the value.

In sum, as of now, there is no single opinion on whether the rate of this coin will move upwards or downwards, although there are many proofs in support of the first variant.

Bitcoin for Dummies: Is It Worth Investing?

ABC Staff
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Bitcoin for Dummies: Is It Worth Investing?

As of now, Bitcoin is the oldest, the most well-known, and the most valuable crypto on the market. Hence, it attracts interest from both professional traders and beginners. That is why we have decided to compile a simple guide that will be easy to understand to everyone, regardless of the experience in trading.

To start with, Bitcoin is a digital currency, it does not have any paper or metal counterparts. It is used in electronic form for executing online transactions mainly. In practice, such a coin is a system of symbols, which is included in the general network. It operates on a person-to-person basis. In other words, users can sell and buy this crypto directly without any intermediaries or regulatory bodies.

Another important fact ― this network is created using blockchain. To explain the technology of Bitcoin for dummies, one can compare it with a ledger, where each record is a block. Every new entry in this chain is connected with a previous one with the help of crypto ciphers, which is why this asset is called a cryptocurrency. The system is decentralized, and every owner of such digital coins has a copy of a general ledger.

It is accessible to everyone and at any time. Its code is published publicly. Its participants keep on mining new coins via complex calculations on computers, but the overall number of such assets is limited to 21 million so that there is no risk of inflation.

Also, it is a well-known fact that this crypto constantly grows in price. As of 2021, its price is almost $70,000. For comparison, its initial price in July 2010 was around $0,08. Obviously, investors expect it to keep on increasing in value in the future.

Here are 7 major pros of this asset:

1. All information about an owner is confidential and untraceable. However, today, if you want to register on a legitimate crypto exchange, you will have to disclose and confirm your identity.

2. The currency is decentralized and cannot be issued or expropriated by any governmental bodies or central banks.

3. It is 100% protected from hacking and breaking.

4. No inflation risks.

5. You can use it to legally pay for diversified goods. And the list of countries, which plan to legalize this crypto, is constantly extended.

6. Experienced traders often invest in it to diversify their portfolios, along with stocks and bonds.

7. You can make decent profits from its price fluctuations (which are rather frequent).

So, where to buy it? We recommend the Binance and Coinbase exchanges as they offer a huge selection of coins, low trading fees, easy-to-use functionality, and advanced protection of your funds.

In sum, if you decide to extend your portfolio with crypto, Bitcoin is one of the safest choices as it possesses high liquidity and outstanding potential for further growth in price.

Where and How to Invest in NFT Tokens?

ABC Staff
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Where and How to Invest in NFT Tokens?

Now, many traders are excited about a new type of token ― NFT. These unique assets seem quite promising, although one cannot trade them in a casual manner like other types of crypto. So, in case you are interested in innovations, we recommend you familiarize yourself with NFT right away.

The first point is to understand what NFT is. It is interpreted as a non-fungible token. Its distinctive feature is that it is used to encrypt unique information, for example, an exclusive photo or painting. And that means that there are no two identical NFTs. Consequently, they are not interchangeable. In other words, you cannot sell them and buy them back like Bitcoin or Ether. They are not meant for conventional trading. Instead, investors buy them to obtain the right for a piece of art, music, image, gaming tools, domain names, real estate, etc. In practice, any intellectual or physical object can be transformed into a unique token.

As for the value of such assets, it can reach unbelievable heights. For example, Jack Dorsey, who is the CEO of Twitter, has managed to sell his first tweet encrypted in an NFT for about $3 million. Obviously, investors buy such assets expecting them to dramatically grow in price over some time. It is usually a long-term investment.

Where to buy NFT tokens? They are not sold via usual cryptocurrency exchanges. Instead, you must find a specialized online marketplace. Such platforms work similarly to Amazon. You can buy an NFT selected just by pressing the “Buy” button and making the corresponding payment. But some of them are sold via auction procedures. Then, you will have to make the highest bet to obtain an asset chosen. Another important detail ― payments are usually accepted in cryptocurrency: Ethereum, Bitcoin, and others.

Now, to make your choice easier, we have determined the top 10 NFT marketplaces for you: Binance NFT, OpenSea, Alibaba NFT, Axie Infinity, SuperRare, Rarible, Foundation, Nifty Gateway, KnownOrigin, Sorare.

But, where to store NFTs after a purchase? There are two options: you can either keep your assets in your account on the same marketplace or transfer them to your crypto wallet (depending on the technology used for creating the NFT).

To sum up, an NFT is a great object for long-term investments. Yet, like with other collectibles, there is a risk that the asset bought will drop in price. Thus, stayaware.

Webull Crypto: How to Use It?

ABC Staff
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Webull Crypto: How to Use It?

Do you want to diversify your trading portfolio with cryptocurrency? Then, we recommend you get an account on Webull, in case you do not have it so far. It is a number-one choice for novice crypto traders. Do you want to know why? Find all the answers below.

Let us provide the key pros of buying crypto on this online broker service:

·   0% trading commissions (the spread is 1%, which is standard for all brokers);

·   direct trading (instead of futures offered by other platforms);

·   extended trading hours ― 23 hours per day and 7 days per week;

·   immediate settlement;

·   fractional coins are available with a $1 minimum purchase limit;

·   an extensive range of coins, including Bitcoin, Ethereum, Dogecoins, Cardano, Uniswap, Litecoin, Stellar, and others;

·   price quotes of other coins that are not available for trading;

·   demo trading with virtual funds for new users;

·   free-of-charge ETFs, stock, and options trading;

·   helpful and comfortable customer support, which is accessible 24/7;

·   a good selection of profound educational materials and easy-to-use research instruments.

Are you ready to give Webull Crypto a try? Then, follow our guidelines:

1. Register an account on their website or via their mobile app (which is even easier). Press “Get Started” and type your email address and password. The next step is email confirmation.

2. Pass verification. This is a must on any legal crypto exchange, so be ready for that. You will need to take a photo of any of your IDs.

3. If you plan to invest in cryptocurrency, choose between a margin and a cash account.

4. Wait for your account to get approved (as a rule, it takes one working day).

5. Get permission for buying crypto. To supply a request, press on the icon of the exchange, then choose “More” and “Crypto Trading”.

6. Deposit your balance. You can make use of a bank card, wire transaction, ACH transfer. This service is free of charge in most cases, but the procession can last several days. As for the sum, there is no minimum deposit limit on this platform, which is great news for those on a small budget. Yet, experts recommend starting with an initial capital of $100–200.

7. Go to the list of available crypto. Click on “Market” ― “Crypto”.

8. Make a purchase. Select the coin needed, choose a payment method, and confirm your request.

9. Now, you can watch the rate changes and your profits via the main dashboard.

In sum, one can safely say that Webull Crypto is the best option for beginners with limited experience and a meager budget. But, if you still have any doubts, you can start from a demo account, which is free of charge and risks.

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