The controversial cryptocurrency exchange platform, Bitconnect, which has been flagged by several news sources as a ponzi scheme, has been taken down. Users are unable to cash in on the local BCC tokens, resulting in huge losses for investors. When cryptocurrency turns Ponzi scheme, people can lose everything. Learn more about the rise and fall of Bitconnect in this infographic.
The cryptocurrency world is evolving at a speed that leaves many newcomers lost in a haze of uncertainty. Most people still don’t understand cryptocurrency, even in basic terms like whether you have to pay taxes on it. Learn more about cryptocurrency myths within this infographic from Coin Central.
This infographic from Market Inspector shows where we stand on the road towards a cashless society. Learn more about trends and usage of cash, the future of payments in the UK and much more.
Shepherds Friendly have carried out a survey and collaborated with Dr Becky Spelman to find out more the power that money can hold on our romantic relationships. Take a look at the interesting infographic below, you may learn a thing or two about why you or your partner might behave in a certain way, when dating or in a relationship.
Options are one of the most versatile trading tools available. A trader can use an option in order to limit risk on speculative investments. An option can also be used as a hedge against a declining stock market to limit downside losses. Though trading options can be extremely profitable, a trader must understand that they involve risks and are therefore not suitable for everyone.
The following infographic includes information about the behavior of shoppers and consumers in the UK in terms of contactless cards, with the frequency of contactless card transactions rising. Interestingly despite the increase of frequency, the average order value has decreased as people are much more likely to use the cards for small transactions.
CPF (Central Provident Fund) is a mandatory social security savings scheme funded by contributions from employers and employees in Singapore. The CPF is a key pillar of Singapore’s social security system, and serves to meet Singaporean’s retirement, housing and healthcare needs. There is an average interest rate of 2.5% to 4% annually for those who have CPF account.
Where in the world does clean drinking water take up a great deal of one’s paycheck? In the following infographic, TitleMax.com painted a more detailed picture by comparing median household income in several countries and comparing it against the cost of a 1.5 liter bottle of water.
ICO investment has surged since the first one back in 2013. 2017 has been the year of the ICO, with more and more small tech companies deciding to raise funds using the ICO structure. ICOs are all the rage, yet most people have no idea what they are. Learn more about initial coin offerings within this infographic from Coinlist.
A financial model is a business tool for compiling and analyzing financial data. A budget is the output of your budget forecast financial model and represents your target expenses and revenues for a specific time period. The following infographic looks at how the model, budget, and your accounting platform work together to provide insight into your business.
