How Do Cryptocurrencies Work, and What is the Impact of the China Ban?

On September 24, 2021, China’s central bank issued a statement explaining that all virtual currency-related business activities were illegal from that moment on in the country, effectively placing a nationwide ban on cryptocurrency transactions. The announcement came amid a largescale crackdown on the trillion-dollar cryptocurrency industry by the Chinese government. According to the statement, which was published […]

What Is Dogecoin? Understanding the “Joke” Cryptocurrency

The cryptocurrency market is perhaps one of the most volatile and unusual investment opportunities in existence today. From the original Bitcoin came hundreds of other cryptocurrencies of all types and for all different purposes. Of these, the most well-known are probably still Bitcoin, Litecoin, and Ethereum. However, there is another cryptocurrency that has spent a […]

cryptocurrencies

Due Diligence – A KeyAspect to Succeed in Cryptocurrency Investing

As a reflection of his decades of experience as a retirement and financial planner, Robert M. Ryerson has shared his expertise in personal finance and economic trends through his involvement with The Society of Financial Awareness. Robert M. Ryerson recently established a private consulting company to educate investors on cryptocurrencies. While cryptocurrencies are still viewed as high-risk investments, […]

Top Four Cryptocurrencies in the World

Freehold, New Jersey resident Robert M. Ryerson is a Certified Financial Planner at New Century Planning. Knowledgeable on various investments including alternative assets like cryptocurrencies, Robert M. Ryerson speaks at educational seminars about the different types of digital cash technologies. Below are four top cryptocurrencies in the world as of summer 2021: 1. Bitcoin – Established […]

What is Cryptocurrency Mining?

Certified Financial Planner (CFP) Robert M. Ryerson, a graduate of Rutgers University and experienced in his field, has embraced cryptocurrency. Enthusiasts like Robert M. Ryerson have invested in a system that stores information on a distributed ledger. Cryptocurrency mining brings cryptocurrencies like Bitcoin out of the protocol’s base design and into the system. Cryptocurrency systems […]