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@johnwege in March 2021

@johnwege

My Crypto Earnings (February) We have officially entered the month of March and as always, the beginning of the month is my favorite time. It is the time that I calculate my cryptocurrency earnings for the month. This is an ongoing series that I write to track my own progress, help to motivate myself, and also with the hopes that it might help to motivate someone else to begin their journey in trying to jumpstart their own crypto earnings. While my earnings are not what I…

@johnwege

Having a Bitcoin Mindset If you are anything like me, your life could be split up into two different categories. The time before you got into bitcoin, and your time with it. I have said this many times, but by becoming interested in bitcoin and then investing in it; it has set off a huge number of changes in my life, and really transformed it for the better. Some of these changes will be completely obvious, but some of them might come as a surprise as well. Some of things…

@johnwege

Always Stick To This Bitcoin Plan! Have you ever woke up in the middle of the night; with the worry that you may not have enough bitcoin!? I have. Multiple times. If all of the predictions for bitcoin do come true by many of the "bitcoin experts" and macro investors; then there will be a lot more people that occurrence will happen to. The world is changing, and this change is happening much faster than most of us could have imagined. You can probably attribute this to the…

@johnwege

How to Stay Sane When Bitcoin's Price Drops The ups and downs of a bitcoin bull market; it can be one of the most stressful things you'll ever encounter. Especially if you're heavily invested into BTC. Those large price swings upward can make you feel like you're on top of the world. Conversely, the potentially even larger "red" days can leave you feeling quite depressed. Perhaps even beginning to doubt your own confidence in bitcoin. Thoughts begin popping up in your head…

@johnwege

Getting a Bitcoin Loan; How Does it Work!? Many people have entertained the idea of using services like Nexo, Celsius or BlockFi to take out a long. But what is the process really like? Is it difficult, and does it take a long time to be approved!? This are all questions that I will be answering for you. As I mentioned in a previous article; I did in fact take out a loan at Nexo to purchase more bitcoin. I will go in depth on how the process went, the positives, negatives,…

@johnwege

How to Make Bitcoin Taxes Easier! Something that has been on my mind a lot recently is the taxes that I will owe this year from my bitcoin and other cryptocurrency. Unfortunately tax season is coming up. It is a time that many are excited for, because a large percentage of people will receive a cash refund. But for investors it can be a very expensive time of the year. Not only that, but it can be quite stressful as well. Yes I know that taxes are something that no one wants…

@johnwege

Finding Your Own Bitcoin Moon It is an extremely bullish time to be investing into Bitcoin, Ethereum or other cryptocurrency. A large percentage of the most popular coins have reached their previous all-time high price; or have already far surpassed it. We have been hearing price predictions that have bitcoin going to $500,000; and ethereum going over $20,000. It is enough to make any person bullish. Not only bullish; but also cause you to begin pondering what you will do…

@johnwege

1 Bitcoin or 32 Ethereum?! One of the most common cryptocurrency questions out there has always been, and may always be which is a better portfolio choice? Is it better to own 1 full bitcoin, or to own 32 ethereum? In a perfect world we would all like to own both and not have to choose between the two. Just a year ago it would have been much more realistic for a person to be able to achieve both of these goals. But during this bull run the price of both ethereum and bitcoin…

@johnwege

Should You Lend Out Your Bitcoin!? One of my favorite ways to earn a passive income is by lending out my bitcoin. I do this by lending out to several services such as BlockFi, Celsius, Voyager, Nexo and the list goes on. These services have surged in popularity during the last year; especially as the prices of BTC and other cryptocurrency coins have skyrocketed in price. But are these services too good to be true? Is the risk worth the reward? After all, bitcoin is a once in…

@johnwege

How Much Of Your Net Worth Should You Put Into Bitcoin? One of the most important decisions that you need to make when investing into bitcoin is exactly just how much of your money you will put into it in terms of percentages. This might seem like a simple and easy to solve question, but there are actually quite a few layers and factors that you need to consider before deciding. Some of these could be your age, financial situation, amount of debt, if you have a family, how…

@johnwege

Getting a Job in Bitcoin Industry If you are anything like me; you have probably at some point dreamed about having the chance to work in the bitcoin, or cryptocurrency industry. Working in the industry that you are so incredbily passionate about could be a dream come true. It might make those dreaded Monday's a whole lot more enjoyable when they come around each week. Not only that, but you might be able to work this job anywhere you want to in the world. Imagine putting…

@johnwege

I'm Taking My Bitcoin Off BlockFi. Here's Why! We had a good run, but unfortunately it has come to an end. If you are not aware of what I'm talking about; BlockFi just announced that starting April 1st they will dramatically be reducing their interest rates. This decision has caused quite an uproar in the bitcoin lending community and has led many to withdraw all their funds from the BlockFi service. While the smaller lender might not notice any changes at all to their…

@johnwege

The Best Crypto Portfolio; Highly-Concentrated or Highly-Diversified!? When anyone is beginning to their own investing journey with cryptocurrency there is a very important decision that they must make. This decision could eventually determine if they will be unsuccessful, moderately successful, or wildly successful. It might be something that you knowingly decide to do, or it could be unintentionally done as well. What could this possibly be? It is deciding what kind of…

@johnwege

My Crypto Earnings (March) March has already come to an end; it is crazy just how fast the year is flying by. But as always, the end of the month means my favorite time has come again. This is the time that I calculate all of the income that I have been making in crypto for the month. At the start of 2021; I set a personal goal of reaching a crypto income of $2,000 or more per month. At the time it seemed quite ambitious; maybe too ambitious. But I have been very lucky and…