Pros And Cons Of Cryptocurrency

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There are several advantages of cryptocurrency. However, there are certain disadvantages of this new form of digital money that you should know about. In this article, I have explained the various pros and cons of cryptocurrency which will help you decide if investing in cryptocurrency is the right thing for you.

Pros and cons of Cryptocurrency

Pros:

1. Transparency

Let’s take bitcoin to illustrate this point. Bitcoin transactions are monitored on blockchain. Once a transaction gets complete and gets recorded in the public ledger, it cannot be altered. These transactions can be verified by anyone and anytime. But, nobody can manipulate it in any way.

2. Protection from identity theft

The transaction of digital currencies is completely under your control. The transactions are independent of the identities of the persons/parties making them. This keeps the transaction safe and protects the user from identity theft.

3. Portability

Physical money is traceable. This is not the case with cryptocurrency. Cryptocurrency is easily transportable without detection. You can easily carry billions of Bitcoin dollars with you in person using a memory drive.

Cons:

1. Market fluctuations

Cryptocurrencies can be subject to market fluctuations. You need to understand that the market prices keep on changing. Check this website to know about the changes in market prices of cryptocurrencies. You can also check the latest coin listings on exchanges through this website.

2. Not so popular

Not everyone knows about cryptocurrencies. Even if some people know about it, they do not understand how it works. Because of this, people are mistrustful of this new form of currency. This is the reason why there are only a few businesses which accept payment in the form of bitcoin or other cryptocurrencies.

3. Cannot be recovered

One of the biggest disadvantages of cryptocurrency is that once it is lost, it cannot be recovered. Unlike banks, which gets your money back in case of stolen credit card or hacking, lost digital coins cannot be retrieved.

4. Untraceability

Transactions made through bitcoins or other cryptocurrencies are virtually untraceable. This makes it a good source for criminals to make transactions without the risk of getting traced. This is the reason why cryptocurrency is banned in some countries.

So, having gone through all the pros and cons of cryptocurrency, do you think the pros outweigh the cons? In my opinion, it depends on your purpose of use. If you are thinking about using cryptocurrencies for your daily transactions, it is not worth it. However, if your intention is to stay invested, cryptocurrency is a great option.

I hope you found this article useful and informative. If you want to know more about cryptocurrency, blockchain or online investments, let me know in the comment section below. Also, let me know your suggestions and questions about the pros and cons of cryptocurrency. Share your tips with me if you have any. I will be glad to get in touch with you. To show your support, share this post with your friends on social media and elsewhere. Thank you very much for reading.

5 Simple Tips For Making Your WiFi Connection Faster

Slow internet connectivity can be really annoying. However, it is worth knowing that the speed of your WiFi connection does not only depend on your Internet Service Provider (ISP) and the package you have signed up for. There could be other several reasons why your internet connection loads up slowly. Sometimes it only requires troubleshooting minor issues or a few simple tricks to make your WiFi connection faster.

Here are 5 tips on how to improve your internet speed and service:

  1. Configure the startup computer programs

Figure out which programs are already running every time you start up your computer. You might be surprised at the number of programs that set themselves automatically and run when you start up your computer or your internet connection. Therefore, free registry cleaner programme can be used to analyze what is automatically running when you either connect your WiFi broadband or log onto your PC. The programs will stop starting up by themselves.

  1. Update your antivirus and web browser regularly 

Any type of expired antivirus software discontinues updating its library. This means that your computer will be vulnerable to any newly created spyware, malware and other viruses. These can slow down the computer and your WiFi connection. In most cases, it even uses your allocated bandwidth to either upload or download additional data.

So, in order to make your WiFi connection faster always ensure that your computer is fully protected by making sure that your antivirus programme is up to date.

  1. Find out your maximum WiFi connection speed

Before actually worrying about a problem with your broadband service, it is advisable to check the maximum internet speeds allocated to your WiFi connection package. For instance, if you signed up for a plan that might be having speeds up to 8Mbps, then it is unrealistic to anticipate for fast internet speed. But if you notice a huge difference in what is being promised and what is being offered, then there is an issue that needs to be resolved.

  1. Set a unique password for your WiFi router

Setting a unique password is important because without it anyone could access your allocated bandwidth which may cause your WiFi internet speed to gradually slow down. Furthermore, it can make your network vulnerable to attacks from hackers. So, always ensure that you use complex passwords for your WiFi router. This password should be a mix of uppercase and lowercase letters, numbers and special characters. 

  1. Buy a newer router

If you try out all the methods and still face a slow connection, you might consider upgrading to a new router. New routers come with smart technology that can send stronger and better WiFi signals.

We hope you found this post useful and informative. If you have any queries or suggestions related to this post, please drop your comments in the comment section below.  We would be glad to help you out. To show your support, share this post with your friends on Social media.

Thank you very much for reading!

How To Fix Slow Internet Connection

There are pros and cons to a slow internet connection. While it may sometimes give you an excuse to go outside and get some fresh air, at other times it may just hamper your productivity. Here are some quick tricks that might just fix your slow internet connection.

  1. Check your internet speed

Test the speed of your internet connection on speedtest.net. Run a speed test and check if the speed of your internet connection matches the speed promised by your service provider. If the speed matches the numbers mentioned in the plan, you are paying for a slow connection. The solution here would be to switch to a different plan that gives you high speed. If the speed doesn’t match up, you can try other options.

  1. Troubleshoot your system

Reset your router and modem and see if it makes a difference. Check the speed of the internet on other computers and devices in your house. This will help you understand if the problem is just with your computer or other devices too. If you find the problem with your computer, you can follow a few troubleshooting steps to clearly understand if it is a hardware problem.

  1. Get rid of bandwidth-hoggers

A shared WiFi connection sometimes brings down the internet speed. When you are on a shared WiFi network, it is really difficult to determine who is using your WiFi and how much they are using. The most initial step is to talk to other internet users in the place about the matter. If that doesn’t work, you can try other options.

Use Wifi killer tools like Wifikill for Android or Netcut for PC. These tools give you full control of your WiFi network. You can see all the devices connected to the network and decide to kick them off the network when you find that they use the bandwidth excessively. This is definitely one of the most unethical yet effective ways to deal with the bandwidth hoggers in your network. Netcut for PC is one of the best online tools for this purpose.

  1. Check your WiFi signal

Very often your internet connection remains fine, but still, you face slow internet speed issues. Chances are you have a weak WiFi signal. A weak WiFi connection is often misunderstood for an internet connection problem. There are various reasons for a weak WiFi signal. One of the best ways to boost your WiFi signal is to set your router out in the open and make sure that there are no obstructions in between.

  1. Call Your Internet Service Provider

In case you have followed all the necessary troubleshooting steps and still face a slow connection, you simply need to call your internet service provider and check if the problem is on their end. If everything goes well, you will get back your internet speed. If not, you better change your service provider.

I hope you found this post helpful and informative. Please let me know your thoughts in the comment section below. Thank you for reading!