Morpher

Morpher

Morpher is a new and exciting exchange soon to launch.

Who is behind Morpher

Founded by Martin Froehler and Denis Bykov in 2018. Martin Froehler has an extensive background as a mathematician and in quantative finance he has been experienced in managing a quantative research firm in Zurich and founded a decentralized quantitative hedge fund in Silicon Valley. He has now turned his attention to creating Morpher, built on the Ethereum blockchain to allow traders to trade 24/7 virtually any asset quickly and easily. Denis Bykov is an engineer, Stanford educated and an ex Product Manager at Apple.
 

What is Morpher?

Morpher is a new type of exchange that operates on the Ethereum blockchain and provides trading without external parties beyond the blockchain and sidechain. Morpher offers no fees, high liquidity and the ability to purchase and trade 24/7 virtually anything – Cryptocurrency, stocks, gold and more. Morpher has the backing of the legendary Tim Draper whose business Draper Associates, provided the seed capital. 

Issues Morpher solves

  • High costs charged by middlemen by cutting them out and using the blockchain instead
  • Limited access to markets for the average person or trader
  • Limited hours of access for trading
  • Lack of liquidity
  • High minimum requirements for trades
  • Eliminates banks, brokers, exchanges

How Morpher works

Using Morpher tokens on the Ethereum blockchain, the tokens can convert to any asset that is required. When a person stakes a token on the blockchain, the token replicates the rewards provided by the asset. So for example if you stake 100 Morpher tokens on Tesla and Tesla increases 10%, you will receive 110 tokens. Because it's on the Ethereum blockchain it can take advantage of the smart contract function. In this way there are flexible options for adaptation to market changes in the future and can work in markets where there is very low liquidity. You can short Apple for as little $5 on a Sunday – this is revolutionary and a new step forward in an exchange for the future.
 

 A bright future ahead

Morpher offers a fascinating alternative to traditional exchanges by cutting out the middlemen, opening up the market, reducing costs, offering 24/7 trading capabilities and easy access. You can become an early adopter by registering for free here, and receiving a bonus credit on your account. Register today and receive a $60 USD credit in native tokens once you complete Know Your Customer (KYC). Please note, the rewards will halve after the first 10,000 members have completed KYC. Read more about other ways to receive Free Cryptocurrency in my post here.
The Best Way to Start Investing for Beginners

The Best Way to Start Investing for Beginners

The Best Way to Get Started

Please note: this article may contain affiliate links where I receive a small compensation for referral at no charge to yourself.

What is the best way to get started investing in Cryptocurrency is a common question for beginners. Cryptocurrency is relatively new, volatility is standard, security and self ownership is crucial and you can easily make or lose a fortune in a short period of time. Cryptocurrency offers so much potential so ensure you start your Portfolio off safely and securely.

Arrange Storage and Security Before Buying

Having solid security in place to protect your assets is critical. Cryptocurrency is novel, exciting and offers an opportunity to take full control over your assets. Having control means taking responsibility. Your Cryptocurrencies security and safety is reliant on the measures you put in place. Make sure you start your portfolio correctly. When you plant the seeds, do everything right, your crop will flourish.

There are two aspects mentioned here. Storage and security. Storage is a wallet that only YOU hold the private keys for. This is not an exchange, nor a platform. There are many different types of wallets out there that you can use, however I use two.

I have a Ledger Nano because they are one of the most reputable, secure and state of the art products. They are infact, the first and only certified hardware wallet and as such you can rest safe in the knowledge that your assets are protected. Although you can store more than 1250 different Cryptocurrency assets on your device, the small memory size will mean you will want to limit the number of Cryptocurrencies on each Nano. I use mine primarily for long term storage for Bitcoin, Ethereum and my erc-20 tokens. You can also pick up a bundle package which includes both a Ledger Nano S and Ledger Nano X. This is currently available for a special discounted rate until the 17th February, check out the special here. You can purchase a 3 pack of Nano S or a 3 pack of Nano X all month. Always buy direct from the website. Purchasing second hand is akin to giving someone else all your banking details and hoping they never decide to use them.

A Ledger may take time to arrive, or you may not have the funds to purchase one immediately. This is not an excuse to leave your Cryptocurrency on an exchange or delay getting started. The other main wallet I use is Exodus. Exodus is fantastic and free. It is very user friendly and secure as well as supporting a wide variety of coins. It's also easy to use on the go.

Once you set up wallet you'll soon see your back up mnemonic phrase. A mnemonic phrase is like an ultimate password. You can lose the device, have your computer or phone stolen and theoretically means you would lose your access to the assets. When you successfully store your mnemonic phrase this means that you can very easily regain access to your assets.

This is where the security aspect comes in. Securing that mnemonic phrase is critical. At a minimum you should consider copying the phrase down and storing it at two different locations securely. Another option is using a tool such as CRYPTOTAG. CRYPTOTAG is the premium solution for the storage of your Cryptocurrency. When you purchase CRYPTOTAG, you receive titanium plates that can be punched or stamped with the details of your mnemonic phrase. These titanium plates are literally bulletproof, corrosion, pressure, heat and cold resistant – they even come with a life time guarantee. This product is fantastic for your peace of mind and asset security.

 Make Your Purchase

Once you are familiar with your wallet it's time to make your Cryptocurrency purchase. Most people use an exchange such as Coinbase for their first purchase. If you are in Australia I would recommend Coinspot. If you are in New Zealand, Easy Crypto. For Africa check out Nairaex and for the Philippines Luno. If you would prefer purchasing from another person more directly, the leading company is Local Bitcoins, or for Asia and the Caribbean check out Remitano. Always make sure you use a major or reputable exchange. 

Most exchanges are similar in their set up and requirements. When you first sign up you will need to confirm your email address, create a password and often provide identification confirmation. You should also set up Google 2Factor Authentication or similar (the exchange will walk you through the steps). Any exchange must follow the Anti Money Laundering (AML) and Know Your Customer (KYC) requirements for the countries they operate in. Sometimes you simply need a photo or copy of your government ID such as drivers licence or passport, at other times they will request you to hold the ID with a dated and signed paper as a selfie that you upload. To learn more about Getting Started, download my PowerPoint for free here

Once you have set up your account you will then need to fund it. You often have multiple ways you can fund it such as credit card, bank transfer, POLIpay or even as a recurring or one off debit that makes regular contributions easy. Some exchanges will automatically purchase the Bitcoin or other Cryptocurrency at the market price at the time of the transfer. Most exchanges will give you the option to choose when to make your purchase at market value, or alternatively to create a buy order. A buy order is where you state you wish to buy x.xxx of the asset when it at xxx price. Using a buy order has lower broker fees and can make it easier to buy at prices you want to spend, but can be frustrating if the market doesn't reach the price you want when you want it to, or difficult to make regular payments if you get caught up in trying to buy at the perfect price. There is no perfect price except in hindsight.

Once you have your Cryptocurrency, transfer it to your wallet. You can do this by going to your private wallet and clicking on your coin. Then click receive. Copy the address. This is your private address. I recommend pasting and storing it on a spreadsheet or email so you can have easy access to it if necessary. Next go back to the exchange, click on the coin you have bought then click send. Paste that address and send. You often have to confirm the transaction via a link that is sent to your email address.

Be Consistent and Add Regularly

Consistency in most things in life is hard but it's also how the most progress is made.

Now you have made the decision to add Cryptocurrency into your portfolio it's important to have a plan and implement it consistently. Make your plan yours.

Focus primarily on Bitcoin, especially at first. Limit your exposure to riskier coins, keep the Cryptocurrency portion of your portfolio only a portion of your overall portfolio. Invest in platforms only after doing your due diligence and don't over invest in any platforms let alone riskier/hyip ones. Limit your Cryptocurrency held on an exchange – if you have coins on an exchange they should be there because they are being actively traded or because you are not intending to hold them for long there. 

One tool you may want to consider using is CoinTracking. CoinTracking have a variety of plans including a free one, which helps track your Portfolio for you. This is so helpful especially come tax time! Check out CoinTracking here

    Stick to Your Plan

    You decided to get involved in Cryptocurrency for a reason. Remember why and keep your plan in mind. You will have ups and downs in life and Cryptocurrency but when you stay educated and stick to the plan that works for you then you will reap the rewards.

    Remember, this is still an emerging market. If you keep your focus to the mid to long term, keep it a relatively low percentage of your overall portfolio and avoid being heavily overinvested in riskier coins, then you mitigate risk and retain your peace of mind in a volatile and exciting marketplace.

    If you are interested in highly customised Portfolio Plans that is based around you and your unique requirements combined with one on one support, check out my 3 month Portfolio Plans which are currently available at first ever significant discount of only $50 for the month of February only. 

    Something for Everyone

    The great thing about Cryptocurrency is that there is truly something for everyone. If you are feeling overwhelmed and would like a step by step guide that is tailor-made for you then consider a 3 month Portfolio Plan. You're welcome to get in touch to discuss any questions and join my Facebook Group Crypto All in All.

    Bitcoin Merchandise

    Bitcoin Merchandise

    Bitcoin Gear sold here!

    Please note: this article may contain affiliate links where I receive a small compensation for referral at no charge to yourself.

    Offering top quality Cryptocurrency based products this is a fantastic way to show how you feel about Cryptocurrency!

    Once you understand the power and importance of Cryptocurrency you want to tell everyone about  it and the possibilities Blockchain and Cryptocurrencies can offer. You will likely want to talk to people about Crypto, show others that you are aware of and better yet a participant in this revolutionary technology. 

     

    I enjoy wearing my Bitcoin T-Shirt around town. It can become quite a talking point, plus it really irritates my friends who are anti-cryptocurrency!

    How better to do this than with funky and quality Cryptocurrency paraphernalia?

    I have linked up with Bitcoin Gear to offer their quality items such as Clothing (tshirts, hoodies and more), mugs, jewelry and much more. Bitcoin Gear offer fantastic products, personally I could easily spend a pretty penny on these items. You can pay for your items in USD with PayPal, credit cards and Apple Pay. Bitcoin Gear ship to almost every country and shipping is free when spending more than $80. The customer service and quality is top notch!

    Check out some of their quality products here and in the shop links below.

    T-Shirts        Hoodies          Sweaters        Mugs       Bracelets and Cufflinks        Wallet Phone cases      Watches         Blankets and Towels          Display signs and night lights       Key Chains       Playing Cards

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    Consistent wealth building

    Consistent wealth building

    Consistency is key.

    Please note: this article may contain affiliate links where I receive a small compensation for referral at no charge to yourself.

     As the saying goes, if it's important to you, you will find a way. If not, you'll find an excuse. If you want to build your long term wealth there are many options available. Before going through some options, knowing yourself is critical. Only by knowing your goals, strengths and weaknesses can you truly understand how best to plan your budget, savings and portfolio. You can read more about knowing yourself in my blog here

    Why Cryptocurrency?

    Today there are more people than ever before looking to cryptocurrency as a potential for long term growth. This is not surprising as it has returned far greater highs over the last 10 years than real estate, stock market or commodities. As it is becoming more widely adopted by mainstream businesses, individuals and governments, and adapted for a wider technological use, it shows great potential growth. Blockchain and cryptocurrencies have a wide utility and are disrupting many industries – from music, hedge funds, voting, security, advertising and many, many more. Personally, I believe everyone should consider holding a cryptocurrency portfolio – even if it's simply as a hedge and only contains Bitcoin. Getting involved with cryptocurrency is not without risk but the rewards can be astronomical. Always ensure any decisions you make you are confident in and have done your due diligence. If you would like to learn more about choosing coins you can click here.

    Why be consistent?

    Being consistent is HARD. Most people fail to consistently stick with anything over the mid-long term – be it a budget and savings/investing plan or a diet and exercise plan. This is why many people have both automation and chosen consistent investment options in place that suit their needs. This often includes retirement funds and savings accounts but there are other options available. You may have a very tight budget, live in a country where automation is not available, or simply wish to have control over what is placed where on a regular basis. I have two fantastic platforms that are low risk, registered and compliant in up to 140 countries and offer an easy way to add to your portfolio an amount and at a time that suits YOU.

    Easy Consistent Options for Growth

    Nodexo is a fantastic way to get involved with Masternodes at a low price. Currently offering masternodes in 8 different coins with more being added, Nodexo is an EU registered company, affiliated with The Crypto Police. Returns are based on the masternode returns (determined by coin choice, currently roughly between 20 – 110% a year) and fees are taken from the Masternode returns at 5% – a nominal fee for the work in setting up and maintaining the Masternodes themselves. If you would like to learn more about Masternodes read my blog here or to register for an account with Nodexo click here

    CoinBundle is a fantastic, registered and insured platform that allows you to buy a choice of 6 preset bundles of cryptocurrency from as little as $10 in either fiat or crypto. This is possibly the easiest way to start building a basic cryptocurrency portfolio. If you spend $100 or more we both receive $5 as a thank you from CoinBundle. Learn more in the Shop or register for free here

    If you are considering using one or both of these platforms you will want to ensure you are consistent and have the ability to regularly contribute especially if you start with a low amount. REMEMBER the easiest way to grow an account is to have a set and forget system in place – in other words automatic contributions made consistently. If you decide more automation is something you are interested in check out my blog here where I cover some options for easy, automated savings.

     

    Click on Shop to access some helpful PowerPoint presentations (Getting Started, Creating an Alt Portfolio and Platforms for CryptoGrowth) to learn more about portfolios and platforms and of course subscribe to my fortnightly emails to keep updated.

     

    To access a simplified 3 month plan customised to YOU and your risk tolerance, budget and goals click here for my 3 month Portfolio Plan. Alternatively check out my freebies under start here for some fantastic PowerPoint Presentations to get started today!

     

    How to Save Automatically – Tools and Strategies Below

    How to Save Automatically – Tools and Strategies Below

    Automation = consistency = growth

    Please note: this article may contain affiliate links where I receive a small compensation for referral at no charge to yourself. 

    Everyone wants to grow their portfolio of wealth. With the demands and pressures of everyday life this can often be easier said than done.

    The biggest strides you often make are due to the small things you consistently do. This is why superannuation funds exist – to automate regular savings, hands free deposits in order to provide a large lump sum at retirement. The benefit of this is that people enjoy the benefit of compounded returns (where your interest also earns interest), a larger final amount and less reliance on the government or society.

    When savings is automated it generally becomes ‘forgotten' funds (out of sight, out of mind) that are able to work and compound for your long term benefit.

     

    In order to maximise your returns you should

    1Know yourself – your risk tolerance and goals

    2 – Educate yourself in the market you want to invest in

    3Know the businesses – their risks and benefits

    4 – Ability to automate or prioritise payments (consistency)

    5 – Ability to compound your returns to achieve greater growth

     

    Why is automation important?

    Automation means that it's far less likely for your portfolio to be negatively affected by those instances where life gets in the way.

    Having an easy, hands free, compounding platform to grow your portfolio, will lead to faster growth over the long term. You should always review of course any business thoroughly for their longevity, all potential charges within the business or platform and weigh up likely returns based on historical data. Check out my article here that discusses Signs of Online Scams for tips in doing your due diligence.

    However, the biggest determining factor in your portfolio growing is the action you take. This is YOUR future and no one else can make you take action.

     

    Raiz

    I love the platforms I use to automate my portfolio growth.

    I have Raiz (for Australia only) which is a fantastic fiat option to grow a portfolio of funds – very similar to retirement accounts. You can choose from 6 different portfolios such as Balanced or Aggressive. Raiz rounds up small change from every purchase on your bank account, you may add one off payments as well as regular automated deposits. Raiz also offers cash back in your account for purchases made online through their partners and even super accounts for retirement.

    This last year has returned the average investor 12.4%! Funds are secure and available to request a withdrawal immediately. There are various similar microinvesting platforms available around the world – The UK has Money Box, USA Acorns and New Zealand either Sharesies or Invest Now. More information on Raiz including the link can be found here

     

    Amber

    A platform very similar to Raiz is Amber (only in Australia at this stage) but the round ups instead go to purchase cryptocurrency automatically and regular payments can also be made from as little as $5 (note roundups are currently no longer available with plans to use a new third party to resume round ups in the near future).

    In Amber, Cryptocurrency can be traded, bought, sold or sent to your private wallet as they are also a fully registered exchange. This is a great option for those people who are risk averse, just starting out or wanting to bolster their portfolio consistently from round ups or one off payments.

    This is a mobile based app so best to set up directly from your phone. Click here to register directly or via the shop. A similar product for the USA only is Coinseed. If you register using the link here you will receive a $5 credit to your account. 

      

    Coinbase

    Another option for automation and ease of use has to be the Coinbase exchange!

    Coinbase is available for use in 33 countries, including America and Australia. Receive $10USD worth of Bitcoin when using my link here and depositing at least $100. A recent feature is now the ability to make regular deposits to recur at a time and amount that suits you. This is fantastic in allowing easy Dollar Cost Averaging and making sure that your portfolio easily grows hand free. To save transaction fees you can use Coinbase Pro (available in more limited countries) and also another great little free service Coindca which offers a way to purchase by marking buy orders through the day using Coinbase Pro.

    Coinbase is also currently offering an airdrop for a variety of coins, including Stellar, 0x and ZCash once short videos have been watched. It's a great way to both learn and earn. You can register here.


     

     

    Non-automated options

    I have other crypto and fiat based options which I use to consistently grow my portfolio that are not automatic. You can read about them here. Whatever you do, take action today. The more you delay, the less opportunity you have to compound which will affect your future wealth.

    Click on Shop to access some helpful PowerPoint presentations (Getting Started, Creating an Alt Portfolio and Platforms for CryptoGrowth) to learn more about portfolios and platforms.

    To access a simplified 3 month plan customised to YOU and your risk tolerance, budget and goals click here for my 3 month Portfolio Plan. Alternatively check out my freebies under start here for some fantastic PowerPoint Presentations to get started today!

     

    How to Start Investing Money in Cryptocurrency – Know Yourself

    How to Start Investing Money in Cryptocurrency – Know Yourself

    Knowing yourself is critically important

    Please note: this article may contain affiliate links where I receive a small compensation for referral at no charge to yourself.  

    It's important to KNOW YOURSELF – your RISK TOLERANCE and the GOALS you have when setting up your portfolio and crypto growth opportunities. If you don't know what your goals and natural investing tendencies are, then you simply won't achieve what you want from your portfolio.

    Once you understand yourself, your risk tolerance and goals you can maximise your profits by having a plan in place for both establishing the portfolio, as well as consistently adding to it in a way that suits you. Consistency and research is key.

    Decide

    Decide how much of your portfolio you want invested in platforms and how much you wish to start with for your alt portfolio.

    I believe everyone should buy Cryptocurrency for approximately 3 months and have a portfolio of at least $500 before venturing into Platforms or more obscure coins. Many people I work with will start building up a Bitcoin only portfolio while they research options.

    If you are new to purchasing Cryptocurrency please check out my blog post How to Buy Crypto and download my free PowerPoint presentation Getting Started. Before getting started in platforms I recommend reading my blog Signs of Online Scams and How to invest with Cryptocurrency.

    Research

    Next choose the coins you would like to add to your portfolio. It is good to focus on a small portfolio to start with. Check out my blog post Choosing Coins for tips on researching, and Creating a Portfolio here.

    Start with researching and choosing two large cap, two medium cap and two small cap coins. (Large cap is the top 5 on coinmarketcap, medium cap is the top 30 and small cap top 70.) From your selection of core coins these are the coins you see the greatest future lying LONG TERM. The idea here is if you do the research and have a consistent plan on how you add to each position, you will only have to review the portfolio every 6 months and otherwise forget about it.

    RESEARCH here is CRITICAL!

    Security

    Keeping your Cryptocurrency secure is critical. Do it right, right from the beginning to save yourself from potential heartbreak. Check out my blog on Security here for more detailed information and options on security and storage.

    ***If you won't be able to stop yourself from looking and stressing over dips, then store your coins in a way you don't have easy access to viewing it. Make it a set and forget.***

    Commit – Act!

    Remember, profits are made in the buying, so don't overthink. Make sure you act, even if it is just buying Bitcoin while you research. If you would like to have access to an excellent trading course that helps with long term coins purchases (not just the short term perspective), trading and education to confidently double down, then check out Learning Crypto here.

    Every person is unique and has different factors, needs and desires that influence their perspective. If you are overwhelmed and wanting to have a done for you plan, then check out my 3 month customised portfolio plans here

    Decide what kind of natural risk tolerance you have.

    • Do you naturally prefer high risk, high reward ventures?
    • Do you prefer slower, long term passive gains?
    • How old/close to retirement are you?
    • How long can you put the funds away for?
    • Will you need to have access to your funds in case of emergency?
    • Do you have a stable income, good health?
    • Do you have short term goals or more long term?
    • Are you happy to monitor the platforms frequently or prefer a more hands free approach?
    • Are you prepared to re-evaluate frequently?

    Once you know some of those answers you are in a stronger position to determine which types of platforms suit your needs, which withdrawal strategies will work for you and how best to structure your portfolio.

    Final thoughts

    Click on Freebies to access some helpful PowerPoint presentations and get you started.

    If you'd like to join my Facebook group Crypto All in All please click here.

    If you would like to have a customised report with recommendations based on your unique situation, check out my paid service here

    Click on Shop to access some helpful PowerPoint presentations (Getting Started, Creating an Alt Portfolio and Platforms for CryptoGrowth) to learn more about portfolios and platforms.

     

    Get Started and Subscribe To Our Newsletter to receive a FREE Getting Started PowerPoint!

    Get Started and Subscribe To Our Newsletter to receive a FREE Getting Started PowerPoint!

    Join our mailing list to receive the latest news and updates from our team.

    We take your privacy seriously and is why we are affiliated with the Brave browser. Download here and protect your privacy today!

    You have Successfully Subscribed!

    Pin It on Pinterest