Copenhagen Strategic Investing Numismatic coins and digital currencies
Reviews of gold and silver coins for collectors of nusmatic coins and for investing in a low risk tax free and VAT free currency as a saving option. Various reviews of digital currencies mining products, cloud mining, scams and other information related to them, mainly Bitcoin, BitcoinCash, Bitcoin Gold and Ethereum, other currencies will not be focused on, ICO are ignored as they are extremely high risk and not worth spending any time on researching them.
6/27/21
New no fee one time pay for domain sites that can receive various cryptocurrencies
2/21/18
Best free silver and gold coins test app
This is a free app that I have tested with a wide range of coins and it works. It is a good extra test besides measuring the weight, height and width as a minimum of extra precautions to avoid fake coins.
https://play.google.com/store/apps/details?id=se.brolinembedded.bulliontestfree
2/8/18
New cloud mining contracts available
Genesis-mining.com has contracts for sale again for a limited amount, it is 2 years mining contracts with Ether and Zcash. You can get a 3% discount with the promo code pc1lq5. The contracts are sold out fast, it is far better to use a credit card as the contracts will start later than 1 month, which is the extra amount of time for the contract to start, if you don't have digital currencies saved to buy now, it saves time and money on transfer fees.
https://minergate.com/
I have tried to test the smartphone digital currency mining app with 4 mobile phone simultaneously and my laptop for a period of a month. I have only been able to make a withdrawal once, it was short after the app was launched, I had mined a very small amount of various currencies. I have after more than a year not been able to get the amount required for withdrawal and only mining the 3 currencies that I believed I could exchange when I had reached the minimum amount for a withdrawal. This turned out to be near impossible considering the amount of devices I used with a high speed cable connection.
The worst problem is that they offer Dashcoin mining, logo looks a bit like the real one but there is small difference in design, the indicators of that it is an attempt to waste time and bandwidth on a copy of the name Dash coin are the non existing possibility of exchanging to an other currency. The difference that is the most provoking is in the name, Dashcoin differs from Dash coin in the abbreviations of the currencies, DSH and DASH, the contraction of the name into a single word Dashcoin, instead of the name and then coin as separate words Dash coin.
They have been offering cloud mining at the peak of the price of Bitcoin, Ether, BitcoinGold and other popular currencies. I have not seen any contracts sold out yet, there seems to be no limit to the amount of mining that is offered. They are expensive compared to other companies, they must have a huge mining farm to be able to keep selling contracts, invested a huge amount of money on mining equipment. I have doubts about the value of the contracts and the risk of investing in a company that has the problems mentioned above.
Bitcoin contracts on Genesis CloudMining were sold out under 24 and 12 hours the 2 times they were for sale again this year before summer. Other contracts on other currencies that are for 2 years mining with a negative return have been sold out faster than ever before.
The launching of the high speed miners from Bitmain this summer with a possible potential high return for the first time for a private person and not a mining farm, were sold out under 24 hours for miners that would be delivered nearly 3 months after the purchase.
The demand is extremely higher than the supply that exists, if the amount of contracts are beyond what should be possible it is most likely to good to be true.
2/3/18
Beware of this site and do not buy digital currency mining equipment.
I have once purchased a single product from this website, the R1-LTC,I did receive it and it was a transaction purchased with credit card.
I was planning 9 months ago to purchase Bitcoin or an D3 miner, but I did a bit of research on the website and discovered that there is something very wrong with the sale of the mining equipment. I will never purchase anything from that company.
It can be read on their own website and the amount of complaints are scary, the problems customers experience with no way to get any kind of support or refund for paid products that never get confirmed or arrive, is so horrible that it is among the most extreme kind of scams. Below is the link to the customer complaints to the website.
https://support.bitmain.com/hc/en-us/articles/221888028-Ordering-payment-process
1/31/18
Best exchange rate for digital currencies.
I have tried a lot of various exchanges and I have been not happy with the vast majority of them. The majority of the problems are that besides having to check their sites extensively, I use scamadviser.com as the first check, then what other write about various companies and apps.
This is the best app for exchange of digital currencies https://LocalBitcoins.com./, but remember that if the offer is too good to be true then use a few minutes to check the profile and the country of origin. The amount of confirmed info and reviews from the other users.
I have noticed that the majority of claims of sites being ponzi scams often are selling even more dubiuos scam websites, that they present after their analysis of the site that they deem as a ponzi scheme. In the end there is only common sense that can be the most useful tool.
Is the reward unrealistic high, sadly in most cases the loss of investment is the most common result for 24 months cloud mining contracts, compared to what a simple calculator programs return as results for the returns of the investment.
If is not possible to pay with a credit or debit card and only with Bitcoin, Ether BitcoinCash, Bitcoin Gold or other digital currencies, then there is no help from anyone or any government agencies or banks. It requires a huge amount of trust and research, try to find a customer review page and get ready to be chocked with how little many huge companies care, they don't even bother to to remove the most sad stories and crying for help with people going bankrupt.
If the settling of disputes is in a nation that does not care about foreign investors that are not able to prove that they have been scammed. If the legal matters are solved in countries like China, Cayman Island or other tax free heavens for dodgy criminal companies and rich individuals who hide their wealth in shell companies, then it is a risk factor that has to be accounted in the risk assessment.
Gold and silver coins are still the best as they are tax free in almost every nation and with a little research silver can be purchased VAT free in the EU, with free shipping. But that is only for securing your wealth and not the best way to get a return from it.
Digital currencies can be used to get decent return from an investment and convert it to the most stable valuable goods as gold and silver coins are, but it looks like the digital currency market is behaving like gold and silver which is a cartel.
The majority of gold and silver are owned by a few companies, the best way to see it is the fixed relationship between the price index between the two precious metals, that is not determined by the demand and supply, it follows each other. When the price was sky high around 2012 it was due to the lack of silver, but after the discovery of one of the largest silver deposits in South America, the supply was so big that some gold and silver specialist investors predicted that the supply was big enough to to last 15 to 20 years. The result was that gold was suddenly very cheap with no change in the supply and demand, it followed the price index of silver. That is either really strange or a hint of cartels agreeing on a fixed ratio, I don't know for sure so any other guess is valid.
My own strategy is to be sceptical, assuming that the game is rigged and not panic when prices plunge down as it is an old tactic in the gold and silver trading, to create panic and buy cheap while others freak out and sells as much as possible to save as much as possible.
12/3/17
Good news for the collectors of gold and silver.
The only time it is necessary to purchase gold and silver scanning equipment is when buying from private individuals, where common sense and a little research should cover most problems.
I offer help with checking the purity of gold and silver, safety advices, personal protection for purchases to private individuals in Copenhagen for a fee, depending on the amount of the transaction and risk evaluation.
For more information about my training, teaching and experience with more than 30 years of martial arts training in various systems, I have since 2005 specialized in EQCB combative methodologies trained and instructed in how to survive armed assaults, learned from the best knife,blade and firearms experts in the world. You can get more info on the link below.
https://copenhagencombatives.blogspot.dk/https://copenhagencombatives.blogspot.dk/