Theincomebeast
Theincomebeast

Theincomebeast

This is my blog where I encourage others to learn and share information about financial literacy. I am enthusiastic about alternative forms of investment and cryptocurrencies.


Coinbase Was Down

8 Jan 2021 1 minute read 1 comment Theincomebeast

I just tried to jump on my Coinbase to grab my referral link because some people are wanting to start learning about crypto and I told them they can do the Coinbase earn to get a couple coins and learn a little.  Well when I tried to log on I noticed...

Update: January 2021 MyConstant p2p Lending Progress

6 Jan 2021 3 minute read 0 comments Theincomebeast

First of all I want to wish everyone a Happy New Year! I know we have all set some great investing goals for 2021 and I hope you achieve yours.  This is my second MyConstant monthly update and I am planning to continue writing updates every month for...

¿Qué es una billetera y por qué nececito una (o varias)?

3 Jan 2021 2 minute read 0 comments Theincomebeast

¿Qué es una billetera y por qué nececito una (o varias)?     Hay varios tipos de billeteras criptográficas disponibles, algunas están ubicadas en el Internet y otras son dispositivos físicos que parecen una unidad USB que no están conectadas a Intern...

Crypto Fees

3 Jan 2021 2 minute read 6 comments Theincomebeast

Who remembers bank fees? I might be a little older than most of the readers here but it was not too long ago that almost every bank charged a lot of fees. I remember having a checking account that would charge me $7 a month. It did not matter how muc...

Buying Crypto Can Be Tough

3 Jan 2021 1 minute read 0 comments Theincomebeast

Why does buying crypto have to be so tough?  I set out today with the goal of buying some dogecoin. I think it will go up to $0.02 this coming week. Most of the major exchanges make it overly complicated to buy. I could exchange some bitcoin for it b...

The Dangers of CBDCs

31 Dec 2020 2 minute read 3 comments Theincomebeast

Everyday we hear more and more talk about central bank digital currency (CBDC) It also seems like everyday there is a different central bank talking about launching their own CBDC.   I wrote a short post about China launching a CBDC here. I do not th...

So What Should We Do With Our XRP?

29 Dec 2020 1 minute read 3 comments Theincomebeast

We have all been watching what will happen with Ripple (XRP) in the wake of the recent SEC troubles. Already we have seen several larger exchanges such as Coinbase, Bitstamp, and Okcoin announce they will be delisting the coin. What are you going to...

What is a Crypto Wallet and Why Do I Need One? Or Multiple?

18 Dec 2020 2 minute read 2 comments Theincomebeast

What is a Wallet and Why Do I Need One (or Multiple)?   There are a couple types of crypto wallets available, some are located on the internet and some are physical devices that look like a USB drive that are not connected to the internet. These all...

Bitcoin Smashed 20K How High Will it Go?

16 Dec 2020 1 minute read 2 comments Theincomebeast

Today Bitcoin finally did it. We reached a new All Time High (ATH) and we broke the 20k barrier that many were doubtful about.    There were some people who were pretty sure that bitcoin would not be able to break through the 20k price by the end of...

Capital Flight and China

14 Dec 2020 1 minute read 0 comments Theincomebeast

Capital flight is when people and businesses move capital and financial assets such as bitcoin or other digital currencies out of the jurisdiction of one nation to another. There are many reasons why people would move their assets out of country, the...