How to Evaluate Cryptocurrencies Before Investing

Cryptocurrency has been around since 2009, when Bitcoin was created. However, it recently experienced some absolutely massive growth and has become more popular than ever before. All around the world, whether you are in the United States, Australia or anywhere else, the crypto industry is blowing up and thousands and thousands are investing in it.

But how do you know which is the best cryptocurrency to invest in? Well, there are of course a few guides on the internet including, but there are also a few quick and easy tips to get you started.

Look at the Team

In order for a cryptocurrency to take off and gain adoption, it needs to have a competent team. A simple Google search should tell you all you need to know about the team. You should easily be able to find their LinkedIn pages, as well as other forms of social media.

You should look for a team that is experienced and educated in the space, and one that is full of integrity. The team should feature solid leadership, a strong development team and a range of other employees with knowledge in areas like marketing, business, communications and more.

Do You Believe in the Project?

Any cryptocurrency that is worth your time and money will have a purpose. Whether they are trying to increase financial inclusion around the world, or provide an easier way to send international transfers, they need to have a goal or fix some kind of a problem. Essentially, by choosing cryptocurrencies that services a certain niche, a base value and interest is guaranteed since there is also a use case for it besides as an investment. For example, these privacy-focused cryptocurrencies would always appeal to those worried about corporate and governmental spying.

Before you decide to invest in a cryptocurrency, you need to ensure that you believe in the purpose and goal of the project. If you don’t think the currency is solving a need or will be successful, then there is no reason to invest in it. A lot of these currencies and projects are extremely new, so always be sure to exude caution before you invest in any of them.

Read the Whitepaper

If you want to learn every detail and piece of information about a company, you need to check out their whitepaper. The whitepaper is a very detailed look at the project, what they want to do, and the technology. They are an amazing source of information, but they tend to get quite technical, which can be tough for some people to follow.

If a project or cryptocurrency doesn’t have a whitepaper, it is a good idea to steer clear. Having a whitepaper is one of the best ways to show the public (and potential investors) all about the project, so by not having one, they are really doing themselves a disservice.

How Do They Communicate With Their Community?

Communication is key, especially in the modern world. A cryptocurrency project needs to be very open and transparent with their community, and always ensure to keep them in the know. You want to invest in a currency that is active on social media, releases news to their supporters, and is always updating them on what is going on behind the scenes.

Also, the larger the community, it is generally a good sign for the company. If they have a lot of staunch supporters and solid third-party reviews, it is generally better than if they have hardly any following or very few reviews.

These aren’t the only tips to follow, but each of them should help you to decide if a cryptocurrency is worth investing in and supporting, or if you’re better off looking elsewhere.


Pay off your mortgage early to stay out of debt – Steps to take

Now that you’re done with signing all the paperwork and you’ve become a proud owner of a well-furnished home, you should be thinking of ways in which you can pay off your mortgage early so as to stay out of secured debt. It is a terrific feeling to own a home that is clear and free but this might not be the best way to use up your dollars. If you wish to stay ahead of your mortgage payments, there are several points that you need to take into account. What are they? Should you start making extra payments towards your loan? If you decide to pay more towards the loan, here are few things that you should take into account.

Paying off your mortgage debt early – Are there any advantages?

As long as prioritizing your debt is concerned, mortgages are always towards the bottom of the list. There are many for whom this advice might seem contradictory as home mortgage loans are perhaps the biggest debt that you can carry. So, it is important for you to know the advantages and disadvantages of getting rid of mortgage debt and the few strategies that are involved.

The benefits of paying off a home loan before the stipulated time period is that you can pay off less interest than what you owe. For instance, in case you owe $150,000 on a 30 year fixed rate home loan at 5%, the monthly payment will be around $800. In case you keep the home loan till 30 years, you will pay a total amount of $140,000 in added interest. If you have this loan for 3 decades, the cost of the property will actually double. But in case you receive $20,000 windfall and use that amount to pay off your mortgage during the 4th year, you will pay off the loan in about 23 years rather than waiting till 30. The interest rate will be curtailed from $140,000 to $98,000 and you can save around $42,000 throughout the term of the loan.

Are there any pitfalls of paying off mortgage early?

Nevertheless, the pitfalls of repaying your mortgage way before time come in when you could use your money in a better way. Mortgage debt is rather cheap debt and they even come with tax perks which can make them cost much less. At the present moment, the rate on a 30 year fixed rate mortgage is something above 3.5%. As you send those extra dollars towards paying down your home loan debt, it gets tied to your property. In case you lose your job suddenly, you won’t get a refund of that money from your company.

Apart from this, you could even be losing the opportunity to invest those extra dollars for better returns which are bigger than the after-tax rate that you would pay on your home loan. Although getting out of any kind of debt is extremely good for your finances, paying it off in a systematic order is even more necessary.


Easy Does It

Who of us does not know the stress of facing what appears to be an insurmountable mountain of debt? How this debt came to be in our lives matters, but what matters more is how to manage it without going crazy.

Many of us went to college and relied heavily on student loans. Others found the love of their life, married, bought a home, had some kids, and purchased a couple new vehicles.

Faced with the “stack” of bills, without adequate funds in the bank to cover, what are we to do? That is exactly what this article is intended to help you with, from a couple different angles.

Your Health

Let’s address your health first, for after all if the mind and body are not well, then our ability to function even remotely close to efficient and effective is out the door. With debt difficulties comes stress. With stress comes trouble with our physical and mental well-being.

Get yourself in a “good place” so that you can think clearer. Does your employer offer a workplace financial wellness program? What generally occurs through these types of programs is consistent meetings with a coach who encourages you to take the necessary steps to reduce your stress and debt.

If you do not have access to a program, other options exist that can be implemented to bring you increased freedom from the stress associated with debt. It can be as easy as creating a plan, addressing any unnecessary spending, setting up auto drafts for your monthly bills, and setting small goals that can be achieved in a short timeframe.

If the Unexpected Happens

One of the most valuable lessons handed down to anyone is that life can be difficult. Just when it seems that nothing else could “come down the pike”, low and behold more trouble comes. At times, we can barely make ends meet as is.

The good news is that loanable funds are available to help meet your needs when life delivers a thunderstorm. Are you familiar with credit brokers? They can be your saving grace in this time of need.

Credit brokers serve a purpose for just these kinds of situations, as well as many others. What these brokers do is establish partnerships, or relationships if you prefer, with a variety of lenders. These lenders offer different types of loans with varying requirements.

The types of loans that are available through a credit broker can range from personal, short-term, car finance, bridging, and bad credit.

Treat Yourself

It can be easy to fall into the trap of cutting every known corner to pay down your debt. This can be a dangerous practice. In theory, it makes sense. In application, experience proves otherwise.

What constitutes “treating yourself”? To thine own self be true. The key here is self-care, which is not to be confused with selfishness. Let’s clear the air on the difference with an example.

Our example will be someone who loves flowers. As this individual’s life unfolds, they find themself with a family. The kids need clothes and supplies for school. Instead of getting them all that they need, our friend spends a couple hundred dollars on plants. This is selfishness.

Now, let’s look at this example from an entirely different angle. The school supplies and clothes are purchased. A month goes by, and a flower sale is advertised . Money is tight, and the bills are piling up. Yet, this person knows that they must find some happiness in this life.

So they spend a little on flowers, decorating their home with them. That is self-care, also known as treating yourself. Then, with a clear head and a good spirit, you can tackle the day.


The Economy in Urban Areas in 2018

Why do cities exist?

Have you ever give thought to the existential force behind cities? More than 70% of the world’s Gross Domestic Product (GDP) is generated by urban areas. Cities are the main drivers of economic growth. This makes sense as urban areas contain the biggest concentration of firms and economically active people. Cities attract job seekers, especially in developing countries where there is an ever-growing discrepancy between urban and rural wages.

Rural-to-urban migration is a reality in 2018. It is estimated that the global percentage of people living in urban areas will increase from 50% to over 65% by 2030. Providing new economic resources to urban areas in transition is of the main issues that define the public agenda. If governments fail to keep up with the influx of economically active people, it can stifle economic growth and lead to urban poverty.

There are vast benefits associated with urbanization. This is one of the biggest reasons that cities exist. The responsibility of guiding urbanization towards expansion falls on the public sector. Administrative organs within governments make use of actionable plans and policies to prepare and harness the power of agglomeration economies.

The role of public administration sectors

Public administrative agencies are key role players in governments’ endeavours to provide urban areas with the means to cope with increasing populations. These agencies gather and analyze information, identify potential problem areas, formulate and implement remedial or precautionary policies, and manage people and resources. Their routine activities include safety inspections and systems analyses.

The biggest challenges that these public administration sectors face is to go about their activities while remaining politically neutral and to formulate and implement strategies without raising taxes. They have to gear their activities toward ensuring that city infrastructure, transport systems, employment, and land utilization are tied together and growing as a whole.

Connectivity is one of the key components of a functional urban space. Reliable connections between employers and job seekers, businesses, and city residents ensure effective communication and productivity throughout the urban economy.

Difficulties public administrators face

Administrative sectors have to deal sufficiently with economic costs such as pollution, congested roads and strained municipal infrastructure. Paying attention to the possibility of urban growth during planning and layout phases of roads and networks and making the necessary provisions can prevent these stifling forces from inhibiting urban economic growth.

If you are someone that is captivated by urban planning and the development of infrastructure, you may want to be working in the public sector. As a public administrator, your activities will be aimed at assisting governments with urban planning and assuring economic urban growth. Your ultimate goal will always be to maximize the economic benefits of urbanization and to manage negative factors and stifling economic conditions.

When workers in the public administration sector perform optimally, the economic and social benefits for a community can be superabundant. Governments will have a clear understanding of urban areas’ economic driving forces, low-income households will have more opportunity to boost their income, and all residents will enjoy an increased quality of living. Increased connectivity can result in lower input costs, allowing the production sector to grow and employ more people, and stimulate the urban economy.


Cities have to employ sound financial management policies in order to have funding available for capital projects and the implementation of urban development strategies. It is the responsibility of the public administrative sector to help the government formulate and implement revenue maximizing efforts.

These efforts are pivotal in ensuring that urban expansion is controlled and accommodating to the influx of people. Without these efforts, governments will find it difficult to invest in infrastructure and development without raising taxes.


Public administrative sectors, their task teams, and the people that are active within these teams are vital for the continued growth of urban economies. When these sectors’ performance isn’t up to par it can have detrimental consequences that will trickle down to the household level. Likewise, sufficient administration of public service programs can affect every single role player in the urban economy in a positive way.