Investment into the Cryptocurrency 2018. Step-by-Step Instruction

investment instruction

“We need to invest,” often comes from both wealthy people and the middle class. No matter how big a person’s salary is, when hearing the word “investment”, they automatically have green dollars in their eyes, like characters from the cartoon “Duck Tales”.

Let’s find out if it is actually possible to become a successful investor from scratch. And also not a simple, but a cryptocurrency one. Today we will pass the way of a novice investor into such a “high-level” sphere as digital currencies.

(please click the topic to scroll down to it)

  1. Step 1. Understanding how to invest and minimize risks
  2. Step 2. Is it profitable to invest into cryptocurrency in 2018?
  3. Step 3. Options for earning on cryptocurrency
  4. Step 4. Choosing the best and most promising currencies for investment
  5. Step 5. Monitoring forecasts and expert opinions
  6. Conclusion

Step 1. Understanding how to invest and minimize risks

Before diving into the cryptocurrency world completely, you need to evaluate your chances and study the features of this sphere.

Why cryptocurrency?

  1. Popularity. You need to earn on what is at the peak of popularity and demand.
  2. Volatility of the rate. In simple words, this is a quick result, which will be available for days and even hours, not years or months. The situation on the cryptocurrency market is changing very quickly.
  3. New opportunities. Tokens are created with such frequency that it is not a problem to choose what to earn on.

If you have already firmly decided to connect your destiny with digital money, then we will go further, but before that you must realize that cryptocurrency has both advantages:

  • anonymity of transactions (forget about taxes and control by the state),
  • decentralization (no one except you decides the fate of your investments),
  • the absence of inflation (this is not fiat money, cryptocurrency is issued in limited quantities),
  • no cryptotwins (it is impossible to copy digital currency).

And disadvantages:

  • no one regulates anything, and therefore no one is responsible for the safety of your investments in electronic wallets,
  • it can actually be banned in your country, and then such activities will be outlawed with all the ensuing consequences,
  • do you remember us talking about volatility and quick results? So it can be negative – you invested $100 an hour ago, and some time later you only have $50, and there’s simply no one to complain to about it.

If you are a fearless optimist or a clever realist and yet want to invest into cryptocurrency, let’s dive deeper.

Step 2. Is it profitable to invest into cryptocurrency in 2018?

Investing into Bitcoin would have been much more profitable in the autumn of 2017 than in 2018. But who knew, who knew? Therefore we cross fingers and hope that the world’s #1 cryptocurrency will show how it can surprise. But wait, what if you do not have the means to buy Bitcoin? How to buy cryptocurrency then? In such case it is worth considering more budgetary, but no less promising options. Every day The Coin Shark releases articles both with a description of popular cryptocurrencies and reviews of startup tokens. Nobody will ever tell you what to invest in. This is only the matter of your choice and a good analysis of the risks and prospects of investment in the cryptocurrency. This is the only way to learn how to “feel” the changes in the market and not be surprised about the drastic rise or fall. Although, cryptocurrency can sometimes surprise even the most tactical analysts.

Step 3. Options for earning on cryptocurrency

You can enlarge your investments in different ways, but these are basically the main ones:


Our patience and your time will not suffice to tell you here and now about all the ways of mining. If you do not even suspect that we have already written for you about all of this in the article “What is mining?“. Then we talked about the popular programs for mining in 2018 and created the material “The most popular pools for mining cryptocurrency in 2018” for the people advanced in this topic. For those who know what cloud mining is, we described the most popular cloud mining services.

Choose and study carefully the most interesting direction for you. As for the opinion of the editorial board on this method of making money, it is definitely:

  • you must be technically versed in the process,
  • be ready to invest in equipment,
  • understand that mining’s being popular today doesn’t mean it will be in demand tomorrow.

2. Trading on exchanges

If your favorite movie is “The Wolf from Wall Street”, then you have come to the right place. However, the fact is that tokens do not like negligence when working with them. You need to understand: if you decide to trade, study the product. In any case, including cryptocurrency, you need to understand what the object of trading is and how it behaves. Can this or that cryptocurrency in your investment portfolio grow or fall drastically? And if it fell, then how quickly will it recover? To understand this, you need to know the history, monitor graphs and understand the technical nature. If you still think that Ethereum and Bitcoin are the same things, then stop reading this and study the topic again.

3. Storing cryptocurrency in the wallet

This method is not for lazy people, it’s for thoughtful ones, these are the so-called “long-term investment in the cryptocurrency”. In fact, you do nothing, you buy a profitable token and wait for its growth. Everything seems pretty simple. However, it is important for this method not only to be able to choose the object of investment, but also to have an electronic wallet. This is important in our time, because hacker attacks are far from stopping.

4.Investments in ICO projects

Only the news about scum appear more often than news about hacking. It is impossible to count how many unlucky investors have already fallen into the clutches of swindlers. And no matter how many portals write that almost half of all existing projects are scams, people still continue to invest. It’s not always true that projects become scam on purpose, it happens, they simply can not realize their idea to the end. Whatever it was, here applies the same rule as with trading – studying.

Step 4. Choose the best and most promising currencies for investment

We have recently written about new and prospective tokens that launched in 2018. There are a lot of such materials today, but it is highly unlikely that someone will tell you what kind of cryptocurrency will grow and 100% “skyrocket.”

Step 5. Monitor the forecasts and opinions of experts

There is no such concept as “the most promising cryptocurrency in 2018”. There are always a few of them, and experienced investors understand this.

These days experts point out both known tokens and newcomers. Investors allocate Ripple and EOS as tokens popular for investing, which occupy the 3rd and 5th place in the CoinMarketCap rating respectively. Among the little-known ones, the positive opinion of analysts belongs to Cardano and Verge.


“Investing” is not just being thought out and oriented towards passive income. You can increase your capital only if you know how to do it. You can learn from experienced traders or miners, but, in any case, everything comes with experience. If you decide to dive into the world of cryptocurrency and become a “shark” of this business, be prepared to learn a lot and give up your time and money. It is up to you to decide. However, the main thing is: adhere to the rule of wise investors – invest exactly as much as you are ready to lose.

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Binance Will Add Stablecoin USDC To Its Listing

Recently, one of the major crypto exchanges, Binance, has published a notice which says, Binance will open two new pairs for trading on November 17. Interestingly, those two pairs include a new-comer – USDC – stablecoin backed by Circle.

The trading pairs are USDC/BNB and USDC/BTC; the trading starts at 2018/11/17 03:00 AM (UTC). However, users are already able to deposit stablecoin in advance.

Moreover, Binance wrote there would be a “top-ranking auditing firm” to preserve the transparency of the stablecoin. Every month, the firm is bound to provide data of “the corresponding USDC and USD balances held/issued.

We want to remind you, such crypto exchanges as OKEx, Huobi, BitPay, Coinbase have already listed USDC stablecoin on their listings.

Dollar-Pegged Stablecoins Exceeded the Price Point of $1

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Cryptocurrency Prices Today, November 15: Cryptocurrencies Collapsed in Price

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, Dash, Monero: Cryptocurrency prices

According to the Coin360 online platform, Bitcoin (BTC) lost 10.76% over the past 24 hours. The price at the time of writing is $5643 per coin.

Almost all cryptocurrencies absolutely crashed in price:

Bitcoin Cash lost 13.28% over the past 24 hours and costs $447 per coin;

Ripple dropped by 8.94% and is $0.46 in price;

EOS fell by  11.7%, and its price is $4.66;

Litecoin lost 13.45%, and its cost is $42;

Cardano decreased by 14.13%, and its value is $0.061;

Stellar lost 8.24% and is worth $0.23;

IOTA became cheaper by 16.64%, and its cost is $0.48;

Dash dropped by 12.34%, and its price is $142;

Monero decreased by 13.95% and costs $90.

Over the past day, Ethereum lost 12.76%. The cost of the coin is $179.

The total market capitalization dropped significantly to $185 billion. Bitcoin accounts for 53% of the total. In monetary terms, the amount dropped to $98 billion.

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Chinese Miners are Disconnected From the Grid

According to the CNN, due to tax inspection, Chinese establishment have suspended their work.

The Ministry of Public Safety (China) demand that the mining farms,  which are located in the Chinese provinces of Xinjiang and Guizhou, accept the agreement that they will work in accordance with the new, tough rules. The requirements include the denial of services of unregistered  clients.
During the audit,  mining farms were disconnected from the grid, as a result they lost 1 million yuan daily, about 143 700 dollars.

The Tax Inspectorate has already completed the investigation, but the power supply to mining farms still has not been connected.

It should be reminded, we reported earlier that Chinese Middle School Managers were mining Ethereum.

Administartion of Chinese Secondary School Was Mining Ethereum: Details of Crime

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Bank of America Has Officially Patented A System for Saving Crypto Actives for Significant Corporations

One of the major USA banks has been approved the patent for a system of saving crypto assets. The application for the patent describes a method for safekeeping cryptocurrency assets of users of the system. It also stated that the bank will cooperate only with major corporations.

The popularity of using cryptocurrency has turned into a trend that many companies are aiming at. The biggest part of major corporations serves their clients with the help of cryptocurrency. Because of this, there is a need to convert the cryptocurrency into any currency deposit, which has to be placed in a storage.

It is possible to improve the security and safety of deposit funds with the help of single corporate accounts that maintain the cryptocurrency storage.

At the same time, the clients will receive credit funds, the amount of which is equal to the crypto deposit. This concept was introduced by Bank of America.

The patent spelled out a storage system specially designed for the banking system, which processes and stores the secret key. The system is demanding to high throughput of a channel and the amount of calculation capacities.

When required to complete a transaction, the system will provide customers with access to Member’s personal account.

It should be reminded, that previously Bank of America approved the patent for close system private keys, that supports remote management.  

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Linux System Is Affected By A Malicious Crypto Mining Malware: How To Detect It?

Trend Micro, Japanese company specializing in crypto security, published a report on its website stating that they found a malware affecting Linux system.

The company found a cryptocurrency miner KORKERDS’s hidden activity from Linux users extremely suspicious and started investigation, where they found malware, later called as Coinminer.Linux.KORKERDS.AB, and its rootkit component Rootkit.Linux.KORKERDS.AA. The way of infection will be investigated very soon, there is already some information that the malware may get installed onto computer through a plugin or downloaded software. More technical aspects are described in the report.

The company explains:

“This makes it difficult to detect, as infected systems will only indicate performance issues. The malware is also capable of updating and upgrading itself and its configuration file.”

What is worth to mention is that such operating systems as Mac OS and Linux are considered to be immensely secured, thus, it is hard to integrate any file without users’ consent. The malicious mining software seems to be a built-in plugin, where a user gives an administrator consent to install anything.

Trend Micro provided some Indicators of Compromise (IoCs) to prevent users to be affected: (Editor’s Note: Indicator of compromise (IOC) — is an artifact observed on a network or in an operating system that with high confidence indicates a computer intrusion. Typical IOCs are virus signatures and IP addresses, MD5 hashes of malware files or URLs or domain names of botnet command and control servers. Source: )

Related hashes (SHA-256):

  • cdd921a5de5d5fffc51f8c9140afa9d23f3736e591fce3f2a1b959d02ab4275e (Trojan.Linux.DLOADER.THAOOAAK)
  • baf93d22c9d1ae6954942704928aeeacbf55f22c800501abcdbacfbb3b2ddedf (Coinminer.Linux.KORKERDS.AB)
  • 0179fd8449095ac2968d50c23d37f11498cc7b5b66b94c03b7671109f78e5772 (Coinminer.Linux.KORKERDS.AA)
  • 023c1094fb0e46d13e4b1f81f1b80354daa0762640cb73b5fdf5d35fcc697960 (Rootkit.Linux.KORKERDS.AA)

Related malicious URL:

  • hxxps://monero[.]minerxmr[.]ru/1/1535595427x-1404817712[.]jpg

We want to remind you, no matter how secure your computer is, in your opinion, it still may be affected by professional cryptohackers. Thereby, if you find any suspicious file or plugin, please, read the following article or consult service centre.

What Is Hidden Mining, Why Is It Dangerous and How to Delete the Virus?

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Crypto Master Minds That Made It Into Forbes’s 30 Under 30

One of the most famous editions in the world, Forbes, came out with its annual rating of the most influential people under the age of 30 in different spheres of activity, including healthcare, music, art, retails and many others. This time the section of “finance” was replenished with a couple of blockchain and crypto personalities, namely:

1. JB Rubinovitz (26) is a crypto entrepreneur whose goal is to incorporate crypto mining as a way to provide bails for arrested people.

2. Olaoluwa Osuntokun (25) is one of the founders and a Chief Technical Officer of the company Lightning Labs. He raised $2.5 million to develop Bitcoin as a fully usable means of payment.

3. Hunter Horsley (28) is a CEO of the company Bitwise Asset Management. His firm specializes in creating crypto indexes.

4. Nader Al-Naji (26) and his company Intangible Labs are currently working on a concept of a cryptocurrency that could easily replace the usual banks.

We remind you:

Forbes Launches Its Own Version of the CoinMarketCap

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