The Coinglomerate (Every Day Crypto)

Welcome Partners!  2/27/2021 Every Day Crypto is the day-to-day discussion of hot topics and the like! Getting started in the crypto space can be a daunting challenge with how volatile the markets can be as well as the FOMO  (fear of missing out) that can come with these price actions. So where do you start? As always this is for educational and informative purposes only, as I am not a financial advisor, sorry mom. How do I get started in Crypto? To better answer this question it is best to look at your initial FIAT (a term for a currency like USD/ PESO for example) investment, and how liquid or readily accessible you want this crypto to be. The Coinglomerate subscribes to the HODL school of thought where our asserts tend to gain value over time and are not sold in small market bursts of price action. $0, zilch, nada, starting from the bottom, etc. Crypto.com We all start somewhere, and for this level of investment, I would recommend attaining a Midnight Blue Visa from Crypto....

  What’s in your wallet? As part of The Coinglomerate’s commitment to total transparency I am releasing a graphic showing what products and services I am currently using along with my major crypto holdings. I wanted to take a moment to break down where I am at so that you and I can be on the same page.  Cryptos BTC, or Bitcoin is my primary HODL assets, HODL means to hold for long term growth, the typo is intentional, and is widely used as such in Crypto slang. I store most of my BTC in a interest account, more on that later. BTC is the father of crypto as we know it, and is currently the most popular by name recognition. BTC uses blockchain technology to verify transactions on the chain, and derives value from its inherent security and use cases.  LTC, or LiteCoin the coin that I use for both HODL, as well as a transaction medium. LTC is faster and cheaper to transfer from wallet to wallet with less “gas” fees compared to ETH. I will often “take profits” from one account...