Apr28, 2022

What Are Crypto Trading Bots?

Categories: Crypto 101|

Cryptocurrencies are still considered quite new, and their nascency is part of what makes them so volatile. Until cryptocurrency settles and becomes more stable, trading will likely remain somewhat erratic. However, it is not simply the newness that makes them volatile, but also the fact that they are decentralized and [...]

Apr25, 2022

How To Protect Yourself From Identity Theft

Categories: News and Updates|

Identity theft affects about one in 20 Americans each year, according to Experian. The penalties for committing identity theft can range from fines to up to 15 years in prison, depending on the severity of the charge. However, not many cybercriminals are ever caught, due to the anonymity of internet [...]

Apr6, 2022

My Digital Money Crypto

Categories: News and Updates, Uncategorized|

My Digital Money is proud to announce the addition of 9 new cryptocurrencies for our clients to trade in their cash or CryptoIRA account. BAT - Basic Attention Token A blockchain-based system for tracking media consumers GRT - The Graph A Ethereum token that powers a decentralized protocol for [...]

Mar26, 2022

Different Types of Investment Risk and How To Mitigate Them

Categories: Investing 101|

Risk is a part of every foray into financial markets — there’s no getting around that. However, successful investors can manage risk and take steps, such as diversifying their portfolios and creating a sustainable budget, so that they can make steady overall gains even if some assets don’t deliver profits.  [...]

Mar26, 2022

How To Avoid Paying Tax Penalties on Your Savings

Categories: Investing 101|

Earned income isn’t the only taxable income. Held income and other assets can put you at risk for costly tax penalties here in the U.S. Facing rising inflation, avoiding these penalties is key to maintaining and growing your savings accounts.  These are the ways you can avoid paying tax penalties [...]

Mar26, 2022

How To Protect Your Assets From Inflation

Categories: Investing 101, News and Updates|

Inflation refers to a currency's decline in purchasing power over time. It reflects an increase in the average price of goods and services in an economy in a given period.  Oftentimes, inflation is reflected as a percentage. The higher the inflation percentage, the lower the value of a currency in [...]

Mar26, 2022

How To Start Investing on a Budget

Categories: Investing 101|

Though financial books, websites, and TV broadcasts often concentrate on big-money investing, it’s possible to build wealth even if you start investing on a tight budget. Successful low-budget investing requires you to carefully select your investments based on your income, risk tolerance, goals, age, and other factors.  Determine Your Investment [...]

Oct11, 2021

Is Crypto Nurturing Ransomware Attacks?

Categories: Crypto 101| By Guy Gotslak Here to answer your questions about the latest crypto developments is My Digital Money President, Guy Gotslak. In this video, you’ll get his take on crypto ransomware attacks, what they are and how to prevent them from happening. Don’t forget to subscribe to our newsletter and [...]

Oct7, 2021

Advantages And Disadvantages Of Smart Contracts

Categories: Crypto 101| By Guy Gotslak Here to answer your questions about the latest crypto developments is My Digital Money President, Guy Gotslak. You’ll get his take on the disadvantages and disadvantages of smart contracts. Don’t forget to subscribe to our newsletter and Youtube channel to get the latest industry updates. If [...]

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