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The Best Ways To Invest Your Money In 2022: AI, Crypto, And More

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The Best Ways To Invest Your Money In 2022: AI, Crypto, And More

In 2022, there are more places to put your money than ever before. You can pick stocks, buy a piece of art, or put your money into an investment account. However, with so many options available, it can be difficult to know where to start. In this blog post, we will talk about some of the best ways to invest your hard-earned money.

Invest With AI Technology

If you aren’t good at picking stocks or you don’t have the time to do it yourself, you can use artificial intelligence (AI) to help you make investment decisions. In the past, only large institutions had access to this technology. However, now there are a number of companies that offer AI-powered investing services to individual investors, such as Delphia. With this kind of investing platform, the algorithm does the work for you so that you don’t need to manage your investments on a regular basis.

Acorns, another fast-growing fintech company, offers a hands-off approach to investing, where they automatically invest your spare change into a diversified portfolio of stocks and bonds. To do this, they link your investment account to your bank account and round each of your purchases to the nearest dollar. Over time, this can add up to a significant amount of money.

Buy Cryptocurrencies

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can sometimes be used to purchase goods and services.

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Some people believe that cryptocurrencies will replace traditional fiat currencies (such as the US dollar) in the future. While this is still a controversial topic, there are a number of advantages that cryptocurrencies have over fiat currencies. For example, cryptocurrencies are not subject to inflationary pressures and can be used anonymously.

Cryptocurrencies also have the potential to provide a high return on investment. Although risky and volatile, if you invest in the right cryptocurrencies, the value of your investment could increase by far more than it would if you only invested in stocks.

Open a Gold IRA

An IRA is a retirement account that allows you to save money for your future. It can be a way to hold precious metals such as gold, silver, and platinum, as well as cash and stocks. A gold IRA is a specific type of IRA that allows you to physically own the assets you invest in, such as precious metals and real estate. This is different from a 401(k) or a traditional IRA where you don’t have true ownership of tangible assets.

Similar to other kinds of retirement plans, there are tax benefits associated with a gold IRA. For example, the money that you put into your account can grow tax-deferred, and you may be able to deduct your contributions from your taxes. However, gold IRAs also have their own set of fees. If you currently work for a company and have been contributing to a 401(k), follow this 401k to Gold IRA rollover guide to make the transition.

Purchase a Rental Property

One of the best investments that you can make is in rental properties. This is because you are able to generate income from your tenants while also building equity over time. Rental properties can be a great way to diversify your investment portfolio and protect yourself from stock market volatility.

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In addition, if you are able to find a tenant who is willing to pay rent that is above the mortgage payments, you will be able to generate passive income each month. Once you make more money than your initial purchase price, it will be a secondary source of income that you will have forever.

For investment properties, it is generally best to put down at least 20% so that you can avoid paying private mortgage insurance (PMI). You will also want to make sure that you have a good credit score so that you can get the best interest rate possible.

Fractionally Invest in Real Estate

Platforms like Fundrise and Groundfloor allow you to fractionally invest in real estate or invest in real estate index funds. This means that you can own a piece of a property, such as an apartment complex, without having to come up with the entire purchase price yourself.

Fractional ownership gives you all of the benefits of owning real estate, such as monthly cash flow and appreciation, without the hassle or expense of being a landlord. In addition, you can get started with as little as $10 and there are no management fees. There are also many emerging AI apps for real estate investors that are worth checking out.

Endnote

These are just a few of the best ways to invest your money in 2022. With so many options available, it’s important to do your research and choose an investment that is right for you. Remember to diversify your portfolio to minimize risk and not to invest in anything that you don’t understand.

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Argentina

Singapore Based Crypto Exchange Bybit Expands To Argentina

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Singapore Based Crypto Exchange Bybit Expands To Argentina

Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations.

Bybit Lands in Argentina

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The growth of the cryptocurrency industry in Argentina has not gone unnoticed by international companies. Bybit, a Singapore-based, top-ten crypto exchange by volume traded, has announced that it will expand its trading operations to support Argentinian customers directly.

To better achieve this goal, the company will dedicate a team to attend to applicable requirements and support its upcoming Argentinian customers, allowing them to transact, purchase, and sell cryptocurrencies on Bybit’s platform. Also, the platform will be available in Spanish, the native language of the country.

Regarding this development, the exchange declared:

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Taking into account the level of penetration and the rapid growth in the adoption of cryptocurrencies in Argentina, Bybit has made this decision, which is due to the importance of the Argentinian market in the Latin American region.

Due to all of this, Bybit considers it is the right time to expand its operations to the country, given that there is an opportunity for onboarding users still new to the cryptocurrency movement.

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Argentinian Crypto Appeal

In recent years, Argentinians have been getting closer and closer to crypto, with this phenomenon starting after the government established limits to the number of dollars citizens could exchange, establishing a foreign currency exchange control, similar to the one established by the Venezuelan government before that. Inflation numbers have also influenced the interest in this new, alternative financial system.

The exchange is betting that this newfound interest in crypto, due to national and international market conditions, will power the demand of Argentinian users in the near future for new applications. About this, Gonzalo Lema, director of Bybit operations for Argentina, stated:

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Although macroeconomic conditions have become a factor in increasing the adoption of cryptocurrencies in Argentina, as the customer base grows, interest in other potential uses of these assets will increase, such as the possibility of receiving remittances or even paying for goods and services with them.

The company will offer all of its available services and investment instruments in Argentina, and an APY of 22% on Dai deposits, to Argentinians registering before July 11.

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What do you think about the new expansion plans that Bybit has for Argentinian markets? Tell us in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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‘Suicide’ note

John McAfee’s Body Is Still In A Spanish Morgue A Year After He Passed, His Widow Wants Answers

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John McAfee’s Body Is Still In A Spanish Morgue A Year After He Passed, His Widow Wants Answers

A year ago on June 23, the anti-virus software tycoon John McAfee was found dead in a Spanish prison after Spain’s high court approved McAfee’s extradition to the United States. Today, McAfee’s body is still in a Spanish morgue as a legal case involving an independent autopsy is yet unresolved.

John McAfee’s Controversial Death Investigation Is Still in Limbo

The now-deceased cryptocurrency proponent and anti-virus software tycoon John McAfee’s corpse is still in the morgue after an entire year has passed since his alleged suicide. McAfee reportedly took his own life on June 23, 2021, after he was wanted for tax evasion by U.S. law enforcement officials. At the time, a Spanish high court authorized McAfee’s extradition to America to face the tax-related criminal charges.

Before Spain’s high court approved the preliminary extradition ruling, McAfee was arrested in October 2020 at Barcelona–El Prat Airport. McAfee was charged by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). He was charged by SEC for his involvement in promoting initial coin offerings (ICOs) and the DOJ charged him with “tax evasion and willful failure to file tax returns.”

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After his death a number of conspiracy theories started showing up on social media and forums that said he allegedly activated a dead man’s switch. McAfee told people on many occasions that he would never take his own life and that if he was found dead by suicide it really meant he was “whacked.” McAfee had the word “whackd” tattooed to his body and he also released an ERC20-based token called “whackd (WHACKD).” The smart contract was called “Epstein,” and a number of theories stemming from several Q Anon members and 4chan posts attempted to connect the dots.

Tech Entrepreneur’s Widow Still Believes ‘John McAfee Did Not Kill Himself’

Janice McAfee, the anti-virus software tycoon’s widow, doesn’t believe her husband committed suicide, and the family’s attorney Javier Villalba told the press that Janice wanted an independent second autopsy after Spanish authorities completed the official autopsy. The second autopsy had not yet been granted and a local judge denied the request. While McAfee’s remains still rest in the Spanish morgue, the family has appealed the Spanish high court judge’s decision as Janice believes the official autopsy was incomplete.

“It’s difficult to put into words what life has been like this past year,” McAfee’s widow Janice explained on Thursday. On her Twitter page, Janice said: “One year ago today John McAfee was stolen from us. [He was] a champion of freedom [and] privacy, the world is a much darker place without him.” One of Janice’s hashtags in the tweet also said “#johnmcafeedidnotkillhimself.”

A judge in Spain further ruled that until the independent autopsy appeal is complete, McAfee’s corpse cannot be delivered to the family. Catalonia’s court officials did not respond to comments about the situation, but a Spanish justice department official said that it was unusual for bodies to be kept in a morgue for so long.

What do you think about the fact that John McAfee’s body still remains in the Spanish morgue? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Why Has Polygon (MATIC) Become The Go-To Blockchain For New Projects Like Xchange Monster (MXCH) And The Sandbox (SAND)?

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Why Has Polygon (MATIC) Become The Go-To Blockchain For New Projects Like Xchange Monster (MXCH) And The Sandbox (SAND)?

When new crypto projects are in development, one of the biggest factors to consider is which blockchain to build the project on

All of the big blockchains, from Ethereum (ETH) to Binance (BNB) to Solana (SOL), have aspects that make them appealing to new developments. However, another blockchain with many appealing aspects is Polygon (MATIC).

But what is it about Polygon (MATIC) that has drawn projects like Xchange Monster (MXCH) and The Sandbox (SAND) to it?

The Appeals of Polygon (MATIC)

There are many advantages to Polygon (MATIC) for new projects, however, one of the biggest is the speed and cost-efficiency of transactions on the blockchain.

Polygon (MATIC) has some of the lowest transaction costs compared to other big-name blockchains, backed up by these transactions being firmly secure and fast. For Polygon (MATIC), cheap transactions do not mean less efficient transactions.

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Furthermore, Polygon (MATIC) has been designed with scalability and interconnectivity in mind, providing tools for dApp and platform developers looking to make their program the next big thing in the crypto space.

As an Ethereum (ETH) scaling platform, this also means dApps and projects built on Polygon (MATIC) have easy accessibility to Ethereum (ETH) users, meaning that combined with Polygons (MATIC) interconnectedness, these projects can reach huge audiences, and have the potential to become staples in the crypto community.

While there are many other reasons, these are the key appeals of Polygon (MATIC) to project creators.

Xchange Monster (MXCH) and the Need For Speed

Cheap and fast transactions are a key way that a project can maintain users, and bring in new ones. Having fast transactions means users do not have to worry about price fluctuations during transaction times, and cheap transactions mean that tokens can be spent more willingly, resulting in a more active economy.

This is the primary appeal that Polygon (MATIC) for crypto gaming exchange platform Xchange Monster (MXCH), whose plans to build a thriving, multi-game platform with a unified token and trading system can be achieved best through these aspects of the Polygon (MATIC) blockchain.

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Giving users more power over their finances by removing slow or expensive transactions is especially key for Xchange Monster (MXCH), as one of their primary audiences is gamers – including those with little to no crypto experience.

While the speed and price of transactions are key ways to draw in new users and build engagement, these aspects alone are not enough, and Xchange Monster (MXCH) knows this. As such, they have created an interface that is highly simple to use, with large buttons and simple layouts streamlining the process of making these transactions.

Furthermore, Xchange Monster (MXCH) has integrated complete financial flexibility into its process, allowing for trade between fiat and cryptocurrencies to be done with ease. This includes trade and exchange with other tokens through their multi-chain wallet, and transitions transferring crypto into fiat, which xChange Monster (MXCH) estimates can be done in as few as three clicks.

For gamers, it is not a platform to pass on.

The Sandbox (SAND) Makes a Shift

Despite being initially built on Ethereum (ETH), The Sandbox (SAND) has made its intentions clear- that it will be incorporating Polygon (MATIC) into its system, to deal with the popularity and growth of its platform.

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The scalability of Polygon (MATIC), combined with its speed, makes it a perfect blockchain for The Sandbox (SAND) to migrate some of its assets to, as the blockchain has been designed with platform growth in mind. Being a top 50 cryptocurrency according to CoinMarketCap, this is something that The Sandbox (SAND) has been experiencing rapidly.

The Sandbox (SAND) is proof that, while Ethereum (ETH) can be a good choice for new projects, it may not be a perfect one. Polygon (MATIC) offers fantastic features that can amplify and further The Sandbox’s (SAND) popularity, meaning its value is likely to continue to rise in the future.

Therefore, The Sandbox (SAND) is certainly a project to keep an eye on.

Presale: https://xchangemonster.boostx.finance/register

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Website: https://xchangemonster.com/

Discord: https://discord.gg/M5hu5HwbeJ

Telegram: https://t.me/xchangemonsterofficial

Twitter: https://twitter.com/Xchange_Monster

The post Why Has Polygon (MATIC) Become the Go-To Blockchain For New Projects Like Xchange Monster (MXCH) and The Sandbox (SAND)? appeared first on .

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