FinexArena Review – Trade Cryptocurrencies Safely

May 15, 2020

Financial assets are one of the best ways to improve significantly upon one’s investments.

Financial investments hold a lot of profit prospects, and this is because of their unstable nature. Money, which is the basic unit of financial assets, can be very unpredictable, and this volatile nature is what a lot of investors have used to make fantastic profit margins over the ages.

The dynamic nature of money can cause a currency that is very expensive today to become very cheap tomorrow. In the same way, it can cause a very affordable financial asset to gain value and get costly in the twinkling of an eye.

The factors that affect the stability of money and its value are the very things that determine the economy of a geographical region. These factors include but are not exclusive to natural disasters, the price of crude oil, the cost of commodities, and the general standard of life.

Financial investors have learned to master the trend of events that surround a particular asset and accurately predict future trends of that asset. These investors have used analytics data to the advantage of many who use that information to guide trade decisions.

Investment brokers are those who provide a platform by which investors carry out their trade orders in the financial market. There are several investment brokers available in the financial market, some of which cover broad asset bandwidths. In contrast, others base their platforms on a single or a few classes of financial assets.

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Choosing one (an investment broker) out of the many available in the financial assets trade market is a big deal for investors. Making the right choice of an investment broker involves comparing and contrasting such a platform to an investor’s investment goals.

FinexArena Review

Therefore, a smart investor must be able to identify an investment broker that meets his or her financial goals in the market, as well as one that can provide the necessary tools and environment to make profits in the market. There are a few legitimate brokers in the market; hence, we take a look at one of the reliable brokers – FinexArena.

Finexarena is one of the many investment brokerage platforms available in the assets trade market today. This review of its platform will help determine whether the platform is an excellent place to put your financial investments.

FinexArena at Glance

Broker	Finexarena
Website	www.finexarena.com
Trading platform	Mt4 web-based trader, Mobile applications: iPhone trader, iPad trader, Android trader
Account types	Demo Account and Live Account
Trading Account Options	Silver Account, Gold Account, Platinum Account, and Diamond Account
Assets coverage	Forex, CFD (Contract For Difference)
Trading tools	Overnight swaps, Currency converters, and Profit calculators
Deposit options	Wire transfer, VISA card, MasterCard, and Bitcoin
Education and Training	Yes
Language Options	English language and German language
Customer Service	Email, Telephone ( 24 hours a day, 5 days a week)
Withdrawal	Wire transfer, VISA card, MasterCard, and Bitcoin

Finexarena is a multilingual investment brokerage platform that offers some fantastic trade products and possibilities. This platform has a lot of offers that make it unique and dynamic among the multitude of brokers available in the market. Finexarena has close to 2 million US Dollars in trading volume, about 70 million orders executed, and over 200 trading instruments.

The Finexarena platform offers a competitive trading environment for CFDs (Contract For Difference) and Forex trades.

The CFD provision on this platform makes it possible for an investor or trader to profit from a single trade order in two ways depending on the trade decision of such an investor or trader. This broker offers CFDs on Commodities, Shares, and Indices.

Finexarena provides its clients with fantastic trading tools. A segment of its web platform states that there are over 200 trading instruments available on its platform. With a database as extensive as Finexarena’s, trade failure is most unlikely.

Educational resources are vast on the broker’s platform as they provide insights into subject matters that affect the very core of the trading market. Whatever level of experience an investor or trader might have in the financial market, these educational resources can come in handy.

The broker serves clients across the globe, and thus, the Finexarena platform is available in two major language options – English and German.

The Finexarena trading platform is available on an MT4 web trader as well as mobile applications which make trading on the go possible with this broker. Customers of the broker can easily access their trading accounts and trades from the comfort of their homes and at any time.

The trading tools available on the Finexarena platform are numerous and quite effective at helping traders pre-plan their trade orders for possible market eventualities. These trading tools are easy to use, and their results have helped the over 200 thousand traders served on the Finexarena brokerage platform.

The Finexarena platform allows traders to hold a demo account as well as a live account for their trades. These account options are the perfect complementary set of trading accounts that a trader needs to get the very best out of his/her trade orders.

According to a section of its website, Finexarena envisions providing its clients with an incomparable trading experience; hence, this broker offers most of the things a trader needs to succeed in the financial market. Also, agents of FinexArena’s customer service are available to attend to queries, questions, as well as feedback round the clock for five business days a week.

Deposits and withdrawals are relatively easy and dynamic on the Finexarena platform because the broker provides a range of deposit and withdrawal options for its clients.

The Finexarena platform is just the support system a trader needs to execute trade orders with an extreme level of confidence.

UNIQUE FEATURES OF FINEXARENA

EASE OF DEPOSIT AND WITHDRAWAL

The funding methods provided on the Finexarena platform are dynamic and quite easy to use. The following are the deposit options available on the Finexarena platform and a skeletal frame of their nitty-gritty:

Wire Transfer

300 USD/EUR minimum deposit
2 – 15 working days deposit time
Zero deposit fee

VISA Card

300 USD/EUR minimum deposit
Up to 30 minutes deposit time
No deposit free

MasterCard

300 USD/EUR minimum deposit
Up to 30 minutes deposit time
No deposit free

Cryptocurrency

300 USD/EUR minimum deposit
Instant deposit
No deposit free

The withdrawal methods available on the Finexarena platform are the same as the deposit methods.

The minimum withdrawal amount for all the withdrawal methods available is based on the portfolio contract. Withdrawal time takes between 2 to 15 working days to process depending on the clients’ bank, card provider, or the time of withdrawal request.

Cryptocurrency withdrawals are processed on the same business days if they are submitted before 10 am, and if they are not, they are processed on the next day. The Finexarena platform does not charge its clients any fee for withdrawing their funds.

ACCOUNT OPTIONS

There are two basic account types available on the Finexarena platform – the demo trading account and the live trading account. These two account provisions complement each other, and they help traders and investors get the best of their trade orders in the market.

The Demo Account

The demo account is the prototype of a live trading account. The demo account has all the features of the assets trading market. The unique feature of a demo account is the fact that it is a virtual form of trading. Hence, trade staking on its platform is not real.

A demo account is usually pre-credited with a certain amount of virtual money from the broker’s platform for trading in the financial market. The fact that stakes are not real on a demo account helps investors trade without the fear of losses on the broker’s demo trading account platform.

Trade orders executed on a demo trading account are called demo trades. Demo trades hold two possibilities as in other trading accounts, that is, a profit or a loss. The profit made from demo trades can only be used to make more demo trades, as it can neither be withdrawn nor transferred. Losses caused while executing demo trade orders are equally not real, and they only accrue to the funds provided by Finexarena on the demo account.

A demo account is a very resourceful tool to help newbie traders get familiarized with the trading environment. The demo account is not just useful for newbie investors; it also helps expert investors test new trading assets and styles before trading them with real stakes on a live account. A trader should test and record a consistent level of trade success on a demo trading account before trading with real stakes on a live account.

The Live Trading Account

The live account is the same in all regards to the demo trading account. The only difference between a live and a demo trading account is the fact that the stakes on a live trading account are real. The realness of trade orders on the live trading account makes the profit and loss made on this account real as well. The profit made from live trade orders can be withdrawn, transferred, or used to execute more live trade orders.

MULTIPLE LIVE TRADING ACCOUNT LEVELS

Finexarena has four unique live trading account options from which its clients can choose. The four live trading account levels available on the Finexarena platform are listed below with a few of their substantial skeletal frame.

The Silver Account: This is the first trading account available on this broker’s platform. The trading account is suitable for beginner traders, as it has limited risk levels, as well as few trading tools. The Silver trading account has a minimum brokerage amount of $250 and a minimum investment amount of $50,000. Other features of the account are:

5 per cent interest per month
20 per cent bonus
Limited trading signals

The Gold Account: The Gold trading account is suitable for investors and traders who have gained a certain level of experience in the market. The Gold account has a minimum brokerage deposit of $10,000 and a $100,000 minimum investment amount. Traders and investors in the Gold trading account also enjoy up to 50 percent bonus on their investment. Other features include:

5 per cent interest per month
Full trading signals

The Platinum Account: The platinum trading account is suitable for experienced traders and investors, who are willing to take significant risks in the market. The platinum trading account has a $50,000 minimum brokerage deposit and a $250,000 minimum investment amount. Customers on the Platinum trading account also enjoy a complete 100 percent bonus on their investment. Other features of the account are:

75 percent interest per month
Interest withdrawal every calendar month

The Diamond Account: The Diamond trading account is the apex trading account available on FinexArena’s platform. This trading account level is suitable for professional traders and investors. The diamond account has a $250,000 minimum brokerage amount and a $1,000,000 minimum investment amount. Other features of the account are:

Executive account manager
125 per cent bonus
An unlimited 1-on-1 trading session with a market analyst

With these four trading account provisions, it is evident that the Finexarena brokerage platform has something for all kinds of traders and investors in the market. The design of these trading accounts on the Finexarena platform is such that they can cater to the investment needs of as many investors as possible.

TRADING TOOLS

The trading tools available on the Finexarena platform empower traders to make the best of trade decisions as they offer deep insight into future trends of the market. Listed below are some of the tools available on the Finexarena platform with a frame of what they entail:

Currency Converter

This is a kind of web calculator that is resourceful for converting currency pairs between one another. The currency converter uses the latest exchange rates in converting currency pairs, and it also takes into consideration bank charges when currency pairs are exchanged.

Profit Calculator

This is like a trade simulator. According to a segment of the Finexarena website, the profit calculator allows the user to specify position and account details and calculates applied margin requirements, volume and rollover commissions, and resulting profit or loss with Dukascopy Bank policies.

National Holidays Calendar

This tool shows all the national holidays around the world of financial assets available on the Finexarena platform. This tool is especially useful for determining when activities around an asset class would probably be promising, and when they would not. The National Holiday Calendar trading tool is exceptionally resourceful for choosing a time to trade Forex pairs.

Overnight Swaps

This trading tool helps determine expected changing points associated with trading accounts on the Finexarena platform. With these vital trading tools and numerous others available on the FinexArena platform, failure is almost impossible for a diligent trader on this broker’s service.

SECURITY

The Finexarena, investment brokerage platform, provides its clients with an amazing level of trade security using physical, electronic, and procedural measures.

The platform secures the information of its clients with the latest technological encryptions, and it doesn’t store the client’s information longer than necessary. This broker is guided by laws that also ensure the safety of investor funds.

Although the Finexarena platform provides an almost impregnable form of trade security, it states on its web platform that it is not wholly invulnerable. Still, to a considerable extent, Finexarena is a secure trading platform.

This broker also uses the international security measure of the Know Your Customers (KYC) policy, which requires the customers of the broker to go through a verification process for approval. Besides, the broker equally subscribes to the Anti-Money Laundering (AML) policies to monitor the financial activities of its customers against any form of financial irregularities.

TRADING PLATFORMS

The Finexarena platform is available on an Mt4 web-based platform, as well as a mobile trading platform. The web-based platform can be accessed from any internet-enabled web browser, either on PCC or smartphone. The mobile trading platform is available on Android, iOS, and iPad, and thus, traders can access their accounts and the market, from any location and at any time.

A ROUND-THE-CLOCK CUSTOMER SERVICE

The Finexarena platform encourages feedback and has provided a multi-channel system of feedback through which its clients can reach its customer care agents. Finexarena investors can contact agents of its customer care through any of the following channels:

Telephone (available round the clock for five business days)
Email
Contact us form available on its website.

CONCLUSION

There are tons of investment brokerage platforms available in the assets trade market today, and Finexarena is one of the few that has distinguished itself with excellent service and trade success records.

You should consider placing your financial investments on this broker’s platform.

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How do cryptocurrency exchanges work?

Cryptocurrency exchanges are platforms that are used to perform various operations with digital currencies (exchange, sale, purchase). Many sites, in addition to the exchange of assets, also offer tools for earning: staking trading with leverage securing crypto loans spot trading educational content demo version of the account and so on… In the cryptocurrency industry, there are a large number of various exchanges offering different functionality, security level, conditions, choice of cryptocurrency pairs, and trading volume. It is recommended to try trading on several exchanges. The principle of operation of the cryptocurrency exchange To start working on the cryptocurrency exchange, you need to register on it. Centralized platforms emphasize the security of personal information about their users and their assets. Therefore, the limited functionality of the exchange is often open to registered users. To get full access, you must pass user verification, after its completion you can use all the tools of the site. In order to understand how a cryptocurrency exchange works, let’s look at what it consists of. The user interface is the end product that users see. For the smooth operation of cryptocurrency exchanges, it combines several key components. Trading Core: The most important element of the exchange. The trading core maintains a database of orders (user applications for the purchase or sale of cryptocurrencies) and provides the possibility of their execution. Main and reserve wallet: Wallets for storing and conducting transactions with the assets of site users. As a rule, hot wallets are used to enter the exchange and conduct transactions, while cold wallets store a reserve of platform assets. Analytics modules: Cryptocurrency platforms also need modules for analyzing indicators on the exchange. Interface: Displaying a trading terminal where users can create accounts. Transaction and commission management system: Ensures the functioning of the payment gateway. How does cryptocurrency exchange work? They work by buying and selling cryptocurrency, traders earn on the difference in the exchange rate. In turn, exchanges earn on the commission that users pay to complete transactions. On a crypto exchange, you can use the regular currency to buy cryptocurrencies, or you can exchange one cryptocurrency for another. You can convert your cryptocurrency back to regular currency, keep it in your account for future transactions, or withdraw it as cash. Unlike traditional exchanges that have set trading hours, cryptocurrency exchanges are active 24 hours a day, 7 days a week. Gemini Exchange The Gemini cryptocurrency exchange is a popular American platform that has been operating on the market since 2015. Gemini is the first exchange in the world to be licensed to trade the Ethereum cryptocurrency. Today, it is rightfully one of the safest and most reliable crypto exchanges, trusted by the largest investment funds and individual investors. The success story of this company is in providing consistently high-quality service and unique trading opportunities. Excellent service, innovation, instant service, and the ability to purchase Bitcoin or Ethereum and start trading immediately after making a deposit — all of this sets Gemini apart from other crypto exchanges on the market. *** The Gemini bot by Bitsgap gives an extra return on investment when trading through the Gemini platform. This bot is the best way to profit from trading on this exchange, as they allow you to place effective orders round the clock automatically.
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Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables

In an innovative move to utilize excess renewable energy, Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X. This initiative marks a significant step in the intersection of clean energy and cryptocurrency, utilizing energy that would otherwise go to waste. As reports from Asahi indicate, TEPCO’s approach not only demonstrates the potential for Bitcoin mining to be environmentally sustainable but also highlights how the process can support renewable energy production and grid stability. The TEPCO Initiative: Mining Bitcoin with Surplus Renewable Energy TEPCO serves more than 27 million residential and business customers, making it one of Japan’s most important energy providers. In 2022, TEPCO established its subsidiary, Agile Energy X, with a focus on innovation in energy use and management. The latest venture of Agile Energy X is Bitcoin mining, where it taps into unused energy from solar and wind farms in the Gunma and Tochigi prefectures. Solar and wind energy are inherently variable, often producing more electricity than the grid can handle, especially during peak generation periods. In many instances, this surplus energy is wasted as power producers are forced to curtail generation to avoid overloading the grid. TEPCO’s initiative addresses this inefficiency by redirecting the surplus energy into Bitcoin mining operations. Mining rigs are set up near the solar farms, converting the unused energy into cryptocurrency, thus turning potential waste into a profitable resource. The Need to Address Wasted Renewable Energy One of the key challenges for renewable energy producers, particularly solar and wind, is the inability to fully capture and utilize all the energy they generate. Grid limitations and fluctuating demand often result in excess energy that cannot be fed into the system. This wasted energy not only represents a missed opportunity for revenue but also acts as a barrier to further investment in clean energy infrastructure. Kenji Tateiwa, the president of Agile Energy X, emphasized the importance of finding productive uses for surplus energy. He remarked, “Green energy producers have to operate their businesses on the assumption that part of the power they generate is wasted. If bitcoins were to provide a new source of income for similar power producers, who are being exposed to overinvestments, that would prompt more green energy to be introduced.” By monetizing wasted energy through Bitcoin mining, the TEPCO initiative creates a new revenue stream for renewable energy providers. This extra income could offset costs and encourage further investments in renewable technologies. In turn, it could accelerate Japan’s clean energy transition while maintaining profitability for energy producers. How Bitcoin Mining Can Incentivize Renewable Energy Bitcoin mining has garnered a controversial reputation due to the high levels of energy consumption associated with the process. Critics argue that Bitcoin mining is an environmentally damaging activity, given the vast amounts of electricity required to maintain the blockchain and validate transactions. However, TEPCO’s venture into Bitcoin mining presents an alternative narrative: mining can serve as an enabler of clean energy growth rather than an environmental burden. In this context, Bitcoin mining is not consuming energy that would otherwise be directed toward essential uses or increasing the carbon footprint of energy production. Instead, it is utilizing surplus energy that would otherwise go to waste, reducing inefficiencies in the grid and creating economic value from unused resources. By doing so, the project aligns with the broader goals of energy efficiency and sustainability, while providing a financial incentive for further expansion of renewable energy capacity. This connection between Bitcoin mining and renewable energy growth is crucial. As renewable energy production continues to increase globally, the ability to manage and monetize surplus energy becomes more important. Bitcoin mining offers a way to do just that, providing an outlet for energy that would otherwise be lost. Moreover, profits from Bitcoin mining can be reinvested into expanding renewable energy capacity, creating a positive feedback loop that drives further clean energy adoption. Global Examples of Bitcoin Mining with Renewable Energy TEPCO’s innovative use of surplus renewable energy for Bitcoin mining is not an isolated example. Other countries and companies around the world are also exploring how to use renewable energy for cryptocurrency mining, further dispelling the myth that Bitcoin mining is inherently harmful to the environment. One notable example is El Salvador, the first country to adopt Bitcoin as legal tender. El Salvador uses excess geothermal energy from its volcanic regions to power Bitcoin mining operations. Geothermal energy, like solar and wind, can generate surplus power during times of low demand, and Bitcoin mining provides a way to utilize that energy efficiently. The success of El Salvador’s geothermal-powered mining initiative has demonstrated that Bitcoin mining can be compatible with renewable energy growth. Similar projects are emerging in other regions where renewable energy is abundant but underutilized. For example, Iceland’s vast geothermal resources have made it a hotspot for Bitcoin mining, where the energy required for mining is drawn from the island’s renewable energy reserves. In places like Texas, Bitcoin miners have set up operations to take advantage of excess wind power that would otherwise be wasted. These initiatives show that the synergy between Bitcoin mining and renewable energy is not only possible but can be a valuable tool in reducing energy waste and promoting clean energy. By tapping into renewable energy sources that would otherwise be underutilized, Bitcoin mining has the potential to support the expansion of green energy infrastructure while generating economic value. Environmental Implications: Rethinking Bitcoin Mining’s Impact The traditional narrative surrounding Bitcoin mining often focuses on its energy consumption and potential environmental harm. This is partly due to the decentralized nature of Bitcoin mining, which can occur anywhere in the world, often without regard to the source of energy being used. As a result, some mining operations have been criticized for relying on coal or other non-renewable energy sources, contributing to carbon emissions and environmental degradation. However, as the TEPCO project and other similar initiatives illustrate, Bitcoin mining does not have to be environmentally harmful. When mining operations >>Read more
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Will Bookmakers Ever Accept Cryptocurrency as a Legit Payment Method in North America?

Cryptocurrency has made its mark on a number of industries, redefining payments and bringing some new industries into the present, and eventually all the way into the future. One industry, however, that is often on the cutting edge of tech has failed to hop on the bandwagon. The sports betting industry, in North America in particular, has yet to begin accepting cryptocurrency as widely as many may have expected. According to leading sports betting reviewers in the US, only one betting operator has begun accepting cryptocurrency payments on its sportsbook. Barstool Sportsbook, the betting product that is affiliated with leading yet controversial sports content outlet Barstool Sports, is the only sports betting operator to accept crypto payments, and only accepts these payments in Virginia and Colorado. Betting sites listed on sportsbook review websites in Canada include none that accept payments in crypto, with the only exception having been removed on lists due to licensing issues. The updated lists, that house some big-name international bookmakers from the UK, the US, and Sweden are yet to accept payments via Bitcoin, Litecoin, Ethereum, and other leading cryptocurrencies. The main question asked about this phenomenon is why. Based on studies, a significant percentage of sports bettors have an interest in cryptocurrency, which suggests that it would be in bookmakers’ best interests to offer this payment method. Another is that betting and crypto trading are cut from the same cloth. Both activities require calculated risk, investment, and potentially winning or losing money. While it’s clear that there are significant pros to blending cryptocurrency and sports betting, there are some issues that would arise if these two industries were to become intertwined. Cryptocurrencies can ensure a greater level of user anonymity, which could lead to players placing bets from locations where sports betting is in fact illegal. This is particularly difficult for countries with grey area bookmaking legislation. This could then allow the money generated from sports betting to filter out of the market in which the sports bets are being placed. Another issue, particularly in North American markets is that cryptocurrency is a payment method that a lot of bettors don’t fully understand. Studies have shown that with the Covid-19 Pandemic, more and more bettors have taken to online sportsbooks to place bets. There is a large percentage of older sports bettors now placing bets online, and a large percentage of these users are not familiar with cryptocurrency, which rules out a large proportion of users to make use of this payment method. While there are reasons against the implementation of cryptocurrency as a payment method in sports betting, what is clear is that there are hurdles that a lot of sportsbooks are mindful of. With significant percentages of users either using crypto frequently, or not having any understanding of it, sportsbooks in North America should begin offering this form of payment, as it is popular amongst at least some of the users, and those users who don’t have much knowledge of crypto can simply use other payment methods that they have better knowledge of.
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How Cryptocurrency is Changing the World of Finance

Cryptocurrency has been making waves in the world of finance for over a decade now. It started as a niche concept but has since grown into a mainstream phenomenon that has caught the attention of investors, traders, and even governments. While cryptocurrency is still relatively new, it has already had a significant impact on the financial world, and its potential for further disruption is vast. In this article, we’ll take a closer look at how cryptocurrency is changing the world of finance. Decentralization One of the most significant ways that cryptocurrency is changing the world of finance is through decentralization. Unlike traditional financial systems that rely on central authorities such as banks or governments to regulate transactions, cryptocurrency operates on a decentralized network. This means that transactions occur directly between individuals, and there is no need for a third party to facilitate them. Decentralization is one of the fundamental principles of cryptocurrency, and it is what makes it so unique and revolutionary. Disintermediation Another way that cryptocurrency is changing finance is through disintermediation. Traditional financial systems are rife with intermediaries such as banks, brokers, and other financial institutions that facilitate transactions. These intermediaries charge fees and can add to the cost of transactions. With cryptocurrency, there are no intermediaries involved, and transactions occur directly between individuals. This can significantly reduce transaction costs and make financial transactions more efficient. Increased Financial Inclusion Cryptocurrency is also changing the world of finance by increasing financial inclusion. Traditional financial systems can be exclusive and may not be accessible to everyone, particularly those in developing countries. Cryptocurrency, on the other hand, is accessible to anyone with an internet connection. This means that people who were previously excluded from the traditional financial system can now participate in the economy and benefit from financial services. Security and Transparency Security and transparency are two critical features of cryptocurrency that are changing the world of finance. Traditional financial systems can be susceptible to fraud, hacks, and other security breaches. Cryptocurrency, however, uses advanced encryption and blockchain technology to secure transactions and protect against fraud. Additionally, the decentralized nature of cryptocurrency means that transactions are transparent and visible to everyone on the network, which can increase trust in financial transactions. Investment Opportunities Cryptocurrency is also changing the world of finance by creating new investment opportunities. In the past, investing in the stock market or other financial instruments was limited to those with significant financial resources. With cryptocurrency, however, anyone can invest and participate in the economy. Cryptocurrency has also created new investment vehicles such as initial coin offerings (ICOs), which allow companies to raise funds by issuing their cryptocurrency tokens. Conclusion Cryptocurrency is rapidly transforming the world of finance in ways that were previously unimaginable. Its decentralized nature, disintermediation, increased financial inclusion, security and transparency, and investment opportunities are just some of the ways that cryptocurrency is changing finance. As cryptocurrency continues to grow and evolve, it has the potential to further disrupt the financial world and create new opportunities for individuals and businesses alike.
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The Diary of a fictional Crypto Hodler

Below you’ll find a made-up story of Jon the Hodler. The character has been created by the editorial team of Disruption Banking, and his experiences are supposed to represent some widely observable phenomena and behaviors. January 2021 Jon, just like thousands of people, has been watching CryptosRUs once again on YouTube. He spent hours upon hours on it, and he was following intensely what other users have been posting, and what they have been commenting on different social media platforms. Jon follows Charlie Shrem, and even retweets his Tweets (he tries to do this at least once a week), but Jon still has not bought any Bitcoin yet. He of course knows that his friends accept his enthusiasm for everything that revolves around crypto. Well, maybe if he had been more aware, he would have noticed that they were laughing behind his back. But Jon thinks that his friends adore his extensive knowledge about cryptocurrencies. Jon is a hard worker, and he started to save some money. He’s following his dad’s wisdom, to always play it safe. And when Bitcoin hit $40,000, Jon was still worrying whether he would lose everything he had, should he finally make up his mind and invest. But he heard Tyler Winklevoss say that Bitcoin will eventually hit $500,000. If such a person makes such a prediction, then why shouldn’t he trust him? With all this preparation, Jon finally set up an account with Coinbase. January ends with a Bitcoin rate of just under $35,000. February 2021 Jon had been on YouTube again, watching CryptoRUs. Once again, he had spent countless hours following posts and comments on Facebook. Once again, he was impressed by Charlie Shrem. And what is most important, Elon Musk steered Tesla to buy crazy amounts of Bitcoin. Jon had steadfastly resisted the growing temptation of buying Bitcoin, but seeing this madness, he finally decided, that he’d analyze the market after Tesla’s breakthrough move. Tesla is a cool company, and Jon was finally happy to enter crypto, with Bitcoin price hitting $57,000. His friends and family were cheering Jon, as his portfolio started to grow exponentially. He could already start planning, what he would do with his new money. But then Jon started to wonder whether he should invest more. Maybe he should scrape out some more money from his credit card, or maybe he should even get a short-term loan. If he does not invest more money, he’ll miss out on a once-in-a-lifetime occasion. That would be pitiful. In all this fuss, he does not notice that things are going south. February is finished with a Bitcoin price of $47,000. It’s only a little dip, right? March 2021 Jon watched CryptosRUs once again. Again, he had spent countless hours reading and analyzing posts and comments on Facebook groups related to Bitcoin and Cryptocurrencies. He even got engaged in something new to him that is called ‘Reddit’, and he is happy that he found another place with valuable expertise. He’s still adoring Charlie Shrem, and now he is discovering some of his friends, such as @cz_binance. Jon started to pay with his Coinbase card in shops, and he feels much better than when paying with regular Monzo or Revolut ones. They are not as cool as U.S.-based products. Jon read that Coinbase is about to make its IPO, and it was touted to be the biggest one in history. That is why he had taken another small loan so that he could prepare for it. He’s slowly thinking that he really knows the crypto world, and his friends even start to ask some questions that he can answer. In March, Jon managed to pull off some small profit from his Bitcoin investment. Even his wife got interested in the topic. March ends with Bitcoin at $58,500, and from now on we can officially call Jon the Hodler. Read more at DisruptionBanking
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FinexArena Review

FinexArena at Glance

UNIQUE FEATURES OF FINEXARENA

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