SUBSCRIBE
Home Blog Page 669

Forex broker scams list criteria

Sam Allcock
-
0
Forex broker scams list criteria

Many novice traders who have tried their hand at Forex at least once note that trading on it is extremely unstable and characterized by significant risks. Because of this, most inexperienced traders begin to negatively relate to all Forex exchanges, calling them nothing more than liars or scammers. In this article, we will try to find out how to distinguish a normal broker from a scammer.

The main signs of a fraudulent organization:

  1. Similarity with financial pyramids. If a company offers income at the expense of funds contributed by other “clients”, then everything suggests that this is another financial pyramid. In this case, you need to contact the police.
  2. The promise of high income. Companies with dubious reputations offer tens or even hundreds of percent of annual income, which implies high risks, which, as a rule, are realized. Unlike similar organizations, the financial decisions of conscientious brokers, first of all, set the goal of minimizing risks and safety of clients’ funds and only then making a profit.
  3. High-income guarantee. Scammers often write on their websites that the client will receive income in any case, but trading in the financial market always involves risks, albeit minimal ones. They must be mentioned at least in a full legal disclaimer. By law, such a disclaimer must accompany every advertising message. For example, an honest organization notes in every message to clients that it does not guarantee income when investing in financial market instruments.

If you are not sure about the honesty of the organization, then you can first find out if this company is in the forex broker scams list. Perhaps the scammers have already become known.

Manipulation of the Trader’s Consciousness

A trader is an ordinary person, and therefore such qualities as gullibility, susceptibility to various beliefs are inherent in him. This is exactly what some companies use, whose specialists have already learned to put pressure on the weak points of novice traders, forcing them to make the decisions they (companies) need. The broker knows that one of the first ways to collect information about Forex sites from newbies is to visit specialized forums. Here they are already waiting for reviews about a particular broker, moreover, both reviews of real clients, reflecting the objective situation, and written on request.

Brokerage license

If a broker does not have a license, this means that its activities are not checked by regulators, no one monitors prices and the speed of order execution. In case of controversial points, the trader will have no protection. Can you be sure of the safety of funds in this case? The forex broker shouldn’t be only licensed but also a member of financial institutions.

How to identify a fraudulent scheme of brokers in the foreign exchange market?

This phenomenon is quite rare on Forex, however, despite this, modern scammers are quite inventive in their machinations, that even experienced traders often fall for skillfully hidden deception. Any broker whose assets are significantly lower than their obligations should be considered a potential financial pyramid.

When an insured event occurs, debts are unlikely to be paid to all those affected. And until a controversial situation arises, the company’s clients may not even guess that they are working with an unfair dealing center.

4 Tips for Making a Webinar that Actually Attracts Customers

Sam Allcock
-
0
4 Tips for Making a Webinar that Actually Attracts Customers

Are you interested in planning a webinar for your customers? Do you want to find out more about how to reach out and convince existing new customers to join your event?

Webinars can be a great way to generate leads and create interest in your product or service. However, if you don’t know how to plan or host a webinar, then your event won’t be much help at all. In this article, you will learn four tips that can help you build a webinar designed to attract customers. Follow these guidelines and you will see more success with your next event.

Use Browser-Based Online Software

Customers simply do not want to have to download a different type of software or app every time they join a different webinar. However, many companies don’t take this into consideration, and they choose software that doesn’t allow browser-based access at all.

If you want to see more success in your future webinars, it’s crucial to choose a software that is even more convenient for your customers than it is for you. Your customers should not have to input too much personal information and should be able to access your webinar without complicated downloads or registration.

Set Up a Q&A

Most good quality webinar software makes it easy for you to set up a Q&A session during or after your event. By picking a software that allows you to do this, you make it easier to hear and respond to questions or concerns that come from your potential or existing customers.

Q&A access during your webinar makes customers feel more at ease. They recognize that you’re willing to listen to them and have the answers they need, too. You are more likely to see new clients and customers sign on with your company if you offer this feature during your event.

During a Q&A, it should be easy for your customers to access the software you’re using and operate it on their own. This means they should be able to easily find the buttons that allow them to talk and mute their microphones when they’ve finished speaking. Customers should also not have to struggle to turn on their cameras if they choose. Pick a software that makes all of these steps in the webinar discussion simpler for everyone involved.

Record and Provide Webinar Access Afterwards

Some customers may simply be unable to make it to your webinar, even if they’d like to come. Still others might be there, but may want to review the information you have provided at a later date before they make their decision. In both of these situations, it can be vital to provide downloadable and accessible webinar access after the event is over.

With the right webinar recording software, you can record the full webinar and provide it for easy access to interested parties after the fact. You can use this recording to reach out to customers who didn’t show up or provide the download information to those who did. This way, more customers will be able to hear what you have to say and review the information at their own pace later on.

Discuss Content that Matters

Your webinar is a chance for you to speak up to your customers and interested parties about problems and issues that are relevant to your line of work. For example, if you sell commercial property insurance, you probably don’t want to spend time talking about topics that affect doctor’s offices—but you might want to discuss retail in some way, since this area would be more potentially relevant to your customer base.

Consider the type of customers you already have as well as the type you’d like to attract to your business. By tailoring your discussion topics to your customers’ needs and interests, you’ll have a better chance of attracting more customers to this and future webinars.

In a similar vein, you should consider anticipating customer concerns and questions before the webinar begins and spend some time talking about these frequently asked questions at the end of the session. This can offset some of the work you might need to put into a Q&A—although you should still offer this feature as well, as it can help your customers feel more connected to you in just a short amount of time.

Final Thoughts

By making good choices throughout your webinar planning, setup, and execution, you’ll be able to provide your customers with webinars that make a difference to them. This will ensure your webinars remain more memorable than your competitors’, which will in turn make it easier for you to land new customers and keep up with your existing ones as well. The right webinar planning goes a long way!

Can E-Wallets Be Used Online In The UK?

Sam Allcock
-
0
Can E-Wallets Be Used Online In The UK?

E-wallets are some of the most popular payment methods available online, allowing you to make secure payments swiftly. Following the surge in popularity of online casinos, many people have wondered whether e-wallets can be used at online casinos.

E-Wallets At Casino Sites

E-wallets can be used at online casino sites in the UK, and the online casino industry generally accepts payments via Neteller, Skrill, PayPal, Apple Pay, and Google Pay. However, the payment methods accepted at a casino will depend entirely on the individual casino website. Most casino sites licensed in the United Kingdom accept PayPal, Skrill, and Neteller, while sites that accept Apple Pay and Google Pay a little harder to find.

All e-wallets can be used for deposits and withdrawals, and these transactions are usually processed quickly too. However, some casinos that accept e-wallets impose limitations on them. For example, several online casinos charge fees for using certain payment methods like Skrill and Neteller, and other sites prohibit you from claiming welcome bonuses using e-wallet payment methods. Both of these limitations can be incredibly frustrating, particularly if you enjoy or are looking to use e-wallets regularly.

It’s also important to understand that casinos have varying deposit and withdrawal limits for each e-wallet. You will have to check these before requesting a transaction because ignoring them could result in you having to pay additional fees or have your payment cancelled.

The UK Credit Card Ban

In 2020, the UK Gambling Commission, which is responsible for regulating all things gambling, banned gamers in the United Kingdom from using credit cards to make deposits at online casinos. The new rule also included a ban on making payments via e-wallets that have been funded by credit cards, meaning you can now only make a payment via an e-wallet if it’s funded by VISA or MasterCard debit cards.

What Are The Benefits Of Using E-Wallets?

There are numerous benefits to using e-wallets at online casinos. A major benefit of using e-wallets for payments is that they’re much more convenient to use since they don’t require any physical cards and are connected to your phone, which most people carry around anyway. What’s more, e-wallets are generally much safer than other methods since you aren’t required to share any personal or financial information, simply your account number or email.

Another benefit to using e-wallets is that they provide fast payments at online casinos. When it comes to deposits, e-wallets, like most other casino payment methods, are credited immediately. The real difference, however, is with withdrawals. While most payment methods will take several business days to process and complete, most e-wallet withdrawals will complete within a few hours, making them some of the fastest methods available.

However, there are disadvantages to using e-wallets at online casinos; not all websites accept them and, as mentioned above, some websites that do accept them may impose strict limitations on them like fees and may prevent you from claiming welcome promotions with them.

There are numerous advantages and disadvantages to using e-wallets at online casinos, and it’s important to understand all of them before deciding to use an e-wallet. If you do want to use e-wallets, Sister Sites is the best place to discover which licensed casinos in the UK accept them.

Alejandro Betancourt Funding Helps Revitalize Hawkers

Sam Allcock
-
0
Alejandro Betancourt Funding Helps Revitalize Hawkers

Five years ago, a young and innovative company with a single affordable product — sunglasses — was looking for funding. Within one month, they had investors — led by Alejandro Betancourt Lopez, an entrepreneur, along with Felix Ruiz and Hugo Arevalo, the founders of Spanish-based social media network Tuenti — and a pledge of 50 million Euro, approximately $56 million, to spearhead a marketing campaign and effect a financial turnaround. 

Hawkers, an affordable brand of sunglasses that has become a global fashion brand with name recognition approaching that of Ray-Ban and Oakley, was founded in 2013 by Spanish brothers Alejandro and David Moreno. The two had initial success marketing another brand of sunglasses through an online resale platform established several years earlier. When they decided to develop their own brand of sturdy, lightweight shades with multicolored lenses in a single style of basic frame, they partnered with Caleb Garret, a Los Angeles promoter, and colleagues Pablo Sanchez and Iñaki Soriano. Before long, their initial investment of just $300 had spurred phenomenal growth.

Forging a New Path

Choosing to forego a traditional path, the team kept prices reasonable by selling directly to the public through their online platform. Their marketing plan relied heavily on social media marketing and word of mouth advertising with Facebook ads and Twitter posts. Later they turned to influencer endorsements, contacting athletes, entertainers and musicians to promote the look and the quality of the affordable, fashionable sunglasses. It was a successful effort from the beginning. The company’s valuation rose to around $60 million, a more than impressive record for a manufacturer with a single, moderately-priced product. Hawkers’ founders vowed never to sacrifice quality for marketability, but costs and marketing expenses continued to grow to an unsustainable point.

The company faced serious financial woes before it attracted the attention of Betancourt, whose asset management company, O’Hara Administration, brought the needed cash, along with necessary expertise and insight. The investment group formed Saldum Ventures, and the young Spanish sunglasses company continued its march toward global acceptance.

New Leadership, New Directions

In 2017, Betancourt was asked to assume the role of company president and, upon his recommendation, Nacho Puig became CEO. The two have initiated collaborative deals with other high-fashion companies, helping to cement Hawkers’ position as an international trendsetter. Overall engagement with the brand has been boosted substantially through efforts of this type with Spanish clothing line El Ganso and others. In 2018, Betancourt invested an additional 20 million Euro, becoming the largest stockholder of Hawkers.

No longer a niche company with a quality product, Hawkers is now positioned as a prominent player in the field of specialty fashion eyewear and an internationally known and respected name. It is at least partly due to Betancourt Lopez’s focus on community and his ability to rise to new challenges that Hawkers has realized its current potential and looks ahead to an even brighter future.

His entrepreneurial expertise is matched by his unique marketing talents and understanding of the roles that social media platforms like Reddit, Pinterest, YouTube, Facebook and Twitter can play. “One of the greatest things about the internet is the ability to share videos,” he notes, adding that one-third of all online activity is spent watching videos. When prospective buyers see some of their favorite people — sports icons and media stars — wearing Hawkers sunglasses, wanting to emulate that look is only natural! 

Creativity and Productivity Go Hand in Hand

Betancourt Lopez has a distinctive approach: “Ideas are the result of an ongoing process of creativity and productivity,” he says. “I like to speak to people and ask their experiences and then rethink, re-ask and go through strategic themes several times.” It is perhaps this detailed, hands-on approach that leads to his effectiveness, rather than just the act of throwing money at a problem.

Hawkers has also enlisted brand ambassadors in the marketing effort. More than 5,000 college students in the United States and Europe use their social media influence to sing the praises of the sunglasses. In turn, they earn incentives — products, concert tickets, plane tickets and even cell phones and other digital devices — to help promote and popularize the brand. Not only have they responded to that challenge, but they have also become proud buyers and wearers of Hawkers brand sunglasses because they are stylish, customizable and affordable. They set the wearer apart as an enviable example.

The target market is a Millennial buyer, aged about 27 to 30. The majority of sales are online transactions, and those have totaled some 4.5 million pairs since 2017 in more than 50 countries across the globe.

Not at all bad for a pair of Spanish brothers, and an angel investor with a penchant for social media marketing. 

The Future Looks Bright

What does the future hold? To date, that is not certain. However, what is sure is that Alejandro Betancourt Lopez will continue to be as much a community leader as an entrepreneur. “I am aware of the responsibility that we have in the communities in which we are present,” he says. “We simply cannot move forward without contributing towards their progress and development.” His interests and investments are diverse and include a new wing at a school in Ciudad, Bolivar, environmental projects that include reforestation, beach renewal efforts and energy efficiency programs. He is also associated with Pacific Exploration and Production Corp, the largest independent oil producer in Latin America. 

The financial support received from Saldum Ventures contributed to a financial turnaround for Hawkers within one year, and the growth trend continues to this day. The company’s direction remains the same; they are committed to the direct-to-consumer sales approach and will continue to use social media in all its forms to minimize marketing costs. Plans exist to channel new funding into research and development of new materials and, perhaps, new designs and options, different types of marketing, and new partnerships with other fashion brands. The sunglasses are now being produced at various factories around the world, including in China. Global expansion is still a priority for Hawkers, with all that entails.

How to protect your Portfolio against Inflation

Sam Allcock
-
0
How to protect your Portfolio against Inflation

There has been a sudden surge of inflation in the last few weeks. Although most specialists agree that it is only the return of the wave, that took place in the other direction, when the pandemic hit the world, it is no reason not to protect your portfolio. Here is how the inflation affects the stock market, and what you can do to protect yourself from losses.

New Traders: Understand Inflation and its Repercussions

During the lockdowns, caused by the sanitary crisis, many people looked into the various trading platforms UK, wanting to come into a market that seemed to be blossoming and bringing in new revenues for all. But as the real world takes over, and the stock markets become affected by the various effects it brings along, these new traders have to be aware of what something like inflation can do to stocks, so they can protect themselves accordingly.

Since there isn’t one rule for all the stocks being traded, all of them should be evaluated separately, and to their own merits, in the face of inflation. Let’s first remember what inflation is: It is the rate at which money loses its purchasing power. In simplified words, you can not buy today the same quantity for the same price you paid yesterday. What that means to stock at first, generally speaking, is the more inflation gains, and the more stock value goes down. But in the long run, prices to consumers also rise, which brings in more revenues and stock prices go back up. In other words: Do not panic, and keep the stocks you have, if they already went through losses.

Hedge against Inflation

When you try to hedge against inflation, it means that you are looking to move your capital into assets that will resist better than others, to the depreciation of the value of money. If you find a few jewels, they may even grow at a higher rate than inflation. But that is certainly not easy; not even for professionals of the trade.

The best solution, in times of inflation, is to diversify your portfolio. It will help balance things out and ride through the inflation period. The safest protection tool, in the stock market, are commodities. Gold has been a long-time safe-haven for traders, during such periods. There is no reason it wouldn’t be still, today. But it is wise to also look at other assets, that could bring in more wealth. For a good variety of commodities in your basket, look for ETFs (exchange traded funds).

Staffing Agencies Can Add Tremendous Value To Your Business Model

Sam Allcock
-
0
Staffing Agencies Can Add Tremendous Value To Your Business Model

There is a lot to be said about smart business solutions these days. The businesses that are most successful are the very same businesses that are actively and consistently willing to go above and beyond to positively transform their approaches to business infrastructure. The reasons why this is true are quite obvious. These reasons vary, from these businesses having the potential and the power to successfully embody new concepts to these businesses knowing that there are always ways to improve their foundations – no matter how safe and secure they might feel in the beginning.

These days, those same businesses (and then some) are always looking for valuable ways to improve their business models. There are many different ways to improve business methods and models, all of which are effective and powerful in and of themselves and as part of the bigger picture. One of the best and most effective ways to do this is through the incorporation and ongoing advancement and enhancement of staffing solutions, including the process of temporary hires and hiring reliable services such as nominee director Australia that are introduced to improve a company’s processes and systems.

Introducing staffing solutions

The introduction of staffing solutions is an approach to business that allows businesses to find the perfect individual for the job without having to commit to a prolonged time frame. This is highly effective because it essentially gives businesses the means and the opportunity to work on improving their internal methods, models, processes, and systems tenfold, as well as giving temporary hires the means and the opportunity to gain valuable industry experience at a company that knows what they want from the position. Additionally, in many cases, temporary hires can evolve to become permanent positions within a company. Staffing firms normally focus in one or a few industries, so if you’re looking to hire a content marketer there are specialized digital marketing recruitment agencies that can help identify candidates quickly and effectively.

Encouraging temporary staffing solutions

Among the most powerful ways to add more value to your business model is the temporary staffing solutions arc – this much we know. The further interest, investment, and overall encouragement surrounding temporary staffing solutions today is a testament to the fact that these staffing solutions are not only potentially effective but when utilised correctly they are highly successful. Today, businesses across various industries are coming to this distinct realisation – and they are doing so with more attention to detail and commitment to hiring staffing agencies to assist them through the process.

The future of staffing agencies

A temp agency is a powerful asset to have because it essentially ensures that not only is the temporary hire approach going to be executed to the best possible standards, but it is also going to continue to become more and more popular over the years as we head into the future and beyond. Staffing agencies are exceptional examples of what is possible when you put the right professionals onto a project that is aimed at empowering and improving the company. For this reason (and many others) staffing agencies are always going to be powerful assets – and they are only going to continue to get better and better all the time.

DRmare Spotify Music Converter Review – Download Music from Spotify

Sam Allcock
-
0
DRmare Spotify Music Converter Review – Download Music from Spotify

Introduction

Are you excited to experiment with your Spotify favorite tracks? Do you look for optimum ways to access the Spotify soundtracks efficiently? In this article, you will discover the perfect tool DRmare Spotify Music Converter program, which assists you to play the Spotify songs precisely on your desired device. There is ample software available in the digital space to establish optimum access to playlists in the Spotify platform. Identifying the perfect program is a challenging task. Here, in the below content, you will explore the best way to connect with the Spotify environment using the DRmare Spotify Music Converter software. After surfing this article, you will feel comfortable working with this tool without hesitation while accessing the playlists on the Spotify platform. It is high time to scroll down and learn more about this sophisticated software to ease your music play from Spotify.

Part 1. Key Features of DRmare Spotify Music Converter

On a closer note, you will be excited to study its built-in functionalities and mind-blowing performances in handling the audio tracks from Spotify. The DRmare Spotify Music Converter connects with the Spotify platform optimally and enhances the overall experience in playing the favorite soundtracks. Now, you can surf below to discover the hidden functionalities of this incredible program.

The Remarkable Features of DRmare Spotify Music Converter application

  • Convert the Spotify soundtracks to any necessary file format to overcome compatibility issues while playing on the desired devices.
  • Faster conversion speed without any data loss.
  • This tool retains the ID3 tags like artists, album, the title for future reference.
  • It assists in the offline listening of the Spotify soundtracks.
  • Customizes the output music tracks and manages the converted audio files for easy access.

These are the key features of DRmare Spotify Music Converter that offer you a comfortable platform to listen to Spotify tracks. This app works on every detail of the Spotify music tracks during the download and conversion process. This app does not compromise the quality factors while working with the Spotify playlists.

Part 2. How to Download Music from Spotify via DRmare Spotify Music Converter

The DRmare Spotify Music Converter is the reputed tool to convert the streaming music from Spotify space to get the desired output music file format. Follow the below instructions to download and convert Spotify music as per your convenience for future use.

Stepwise procedure to download and convert Spotify music tracks using this sophisticated program.

Step 1: Download the application

Go to the official webpage and download the correct version of this app. You can choose either between the Windows or Mac based on your system OS version and commence your download process. You can install the program and launch it.

Step 2: Add the Spotify soundtracks.

When you launch this tool, it triggers Spotify to open behind the scene, and you can add your favorite track by choosing between two ways. You can either drag and drop the soundtrack directly into the working area of the DRmare Spotify Music Converter tool or paste the URL of the Spotify soundtracks beside the ‘+’ icon in this tool.

Step 3: Customize the output file

After inserting the soundtracks on the timeline, press the ‘Preferences’ icon. A new window pops up displaying the attributes for the output file. You can customize the output file format, bit rate, conversion speed based on your needs and save the changes.

Step 4: Start the conversion

Now, hit the ‘Convert’ button to begin the download and conversion of the inserted Spotify music tracks. This tool converts the added Spotify tracks as per the output settings and downloads the file into your local drive for offline listening.

These are the steps to download and convert the Spotify soundtracks into your system effectively using the DRmare Spotify Music Converter program.

Part 3. How to Activate DRmare Spotify Music Converter Officially

To access all the features in this DRmare Software, you must purchase the subscription according to your needs. Initially, you can use the trial version to get some ideas about this program. If you want to explore all the features of this app, then quickly purchase without any hesitation. The trial version has only limited access, and it will not meet your needs when you work with an immense collection of Spotify soundtracks. Here is the pricing list that suits both the Windows and Mac version.

  • 1-month license – $14.95
  • Single License (One-time purchase) – $39.95 per device
  • Family License (One-time purchase) – $49.95 for 2 to 5 devices.

Go to its official webpage and purchase the scheme according to your needs and register it during the installation process to access the full functionalities of this program. You choose any one pricing scheme according to your needs. If you want to access this app on multiple gadgets, then try the Family license pack. It is cost-effective, and you can get the complete access to its features without any interruptions.

Part 4. System Requirements of DRmare Music Converter for Spotify

To download this app into your system, ensure it satisfies the following criteria. You can check out the system requirements for Windows and Mac versions.

For Windows

  • OS – Windows XP
  • RAM- 512GB and higher
  • Processor- 1GHz and above
  • Screen resolution- 1024×768 and above

For Mac

  • OS – Mac OS X 10.8, 10.9, 10.10, 10.11, 10.12, 10.13 High Sierra, 10.14 Mojave, and 10.15 Catalina
  • RAM- 512GB and higher
  • Processor- 1GHz and above
  • Screen resolution- 1024×768 and above

Therefore, you can go for this app if your system meets the above-discussed criteria. You can have a flawless download and enjoy the benefits of this application when your system satisfies the above requirements.

Conclusion

Thus, in this article, you had an enlightening discussion on how to download and convert music tracks from Spotify.  You can use the DRmare Spotify Music Converter app to perform this task. Choose this application and get access to your favorite playlists on the Spotify platform. You can convert the audio to any desired format and overcome compatibility issues while playing on any music players, speakers. This tool assists you to listen to Spotify music in offline mode. You can store the converted Spotify playlist on any desired storage location for quick access. Connect with this article to discover the optimum methods to access the Spotify soundtracks comfortably. Stay tuned to learn more about the incredible software DRmare Spotify Music Converter.

How much revenue did football clubs lose during 2020?

Sam Allcock
-
0
How much revenue did football clubs lose during 2020?

Almost everyone around the world took some kind of financial hit in 2020 as the planet was turned upside down and made unimaginable impacts to the daily lives of many.

Much of the world’s population was out of work, whether it be temporary or permanently, whilst the rest of the world seemingly stopped appearing to spin.

Of course, professional sports was also impacted in a variety of ways, as they were unable to continue to compete as those new to betting on football would have found out, whilst they were also left without fans, therefore losing out on a key revenue strand that would usually bring millions, if not billions, into the team.

£4.5 billion in revenue was lost in 2020

Football clubs were one such business that were impacted greatly, with having been estimated that the top football leagues with Europe missed out on a combined revenue of around £4.5 billion.

It is understood that if Europe’s top five leagues were to cancel each of the remaining games of the 20/21 season, they would have stood to lose a combined £3.6 billion; which would have likely included a rebate of some significant amount that they would have had to owe back to broadcasters as they would have been unable to fulfil the contracts that they have in place.

However, each of the football leagues in Europe decided to return to action as soon as they could, but the damage financially had already been done, as many of the clubs continued to leak vast amounts of money.

As highlighted in the report that was undertaken by KPMG, six of the continents biggest leagues had lost a combined £4.5 billion in operating revenues, largely from matchday experiences and tickets that would have been sold if they could.

Six champions hit badly financially in 2020

The report also highlighted that each of the six champions of those leagues based in Spain, England, France, Italy, Portugal and Germany were impacted badly as each saw their fall in income be rather alarming. Naturally, this is perhaps why many of the biggest clubs in the continent made audacious plans to form the European Super League.

Despite having been able to claim the Bundesliga and the biggest prize in European club football – the UEFA Champions League – FC Bayern Munich still lost around £16.28 million in revenue, although the German club are one of the savviest when it comes to money as they were able to record a profit of £5.25 million.

Liverpool might have been the FIFA Club World Cup Champions last year, as well as win the lucrative Premier League title, but Jurgen Klopp’s side were not saved from the impact that was felt financially, as they saw their revenue shrink by £42.35 million, whilst also perhaps being highlighted by the fact that their transfer business was rather restrained by all accounts, as well.

Florentino Perez has been very vocal about the money that has been lost over the last year, with the Real Madrid president going on to claim that the European Super League would save football clubs from death. However, whilst they saw a decline of 8% in operating revenue, last year’s La Liga champions still managed to record a profit of £266.9 million.

Juventus suffered a decline of 13% as Italy was badly impacted, whilst Paris Saint-Germain also saw a decline of 15% – which is thought to be worth £84.88 million – despite having reached the UEFA Champions League final for the very first time.

Conclusion

As can be seen from the data, many of the biggest clubs in Europe were all hit. Although the data does only highlight the champions of each of the respective biggest leagues in the continent, it is only easy to infer that the financial impact will have been greater for some of the other clubs in those leagues, as well.

Is Elon Musk making the bitcoin landscape volatile?

Sam Allcock
-
0
Is Elon Musk making the bitcoin landscape volatile?

Although the first thing that many will think about when they hear Elon Musk’s name be mentioned is Tesla and Space X, there are a number of people who will instantly think of him being associated with something else.

Musk has been a rather focal figure when it comes down to being involved with the world of cryptocurrency, with the world’s second-richest man (a worth estimated to be around $151 billion) having continued to involve himself in the virtual currency scene.

Musk makes bitcoin landscape incredibly volatile

Indeed, many investors and newbies who may have already checked out things such as an eToro review UK users can take advantage of will have already highlighted Musk as one individual, if not the main individual, that has made the bitcoin landscape as volatile as it is today and continues to be.

And, there is evidence that he appears to have a huge influence on how well – or poorly – cryptocurrencies perform as comments and tweets that he has made in the past have all had an impact on the virtual currency scene, in both a positive and negative way.

Of course, Musk can not be attributed any of the blame for the latest news that China has seemingly decided to ban cryptocurrency because it is “not real” and has seen the price of bitcoin fall an incredible amount.

However, the Tesla and Space X CEO has been able to influence the price of certain cryptocurrencies by things that he has done; specifically Dogecoin.

Musk’s actions continue to play a role

Earlier in 2021, Musk and Tesla decided to invest a total of $1.5 billion into Dogecoin amid plans that they were about to accept cryptocurrency as a payment method for those who were looking to purchase one of the vehicles that they produced and sold.

After investing in it, Musk produced a tweet that he posted to Twitter that showed a picture of Doge – the Japanese Shiba Inu that has been used as part of a meme in the past – on the moon, planting a flag that had the coin’s logo and captioned it with: “literally”.

That single tweet meant that the value of Dogecoin would increase by 20% on the same day. However, Musk has shown he can make the coin lose as much value in the same period of time by saying something that sends confidence in the digital currency to an all-time low level.

Despite having shown clear intent in allowing digital currency to be used as a payment method to purchase a Tesla vehicle, Musk subsequently backed out on those plans amid concerns that cryptocurrency were not environmentally friendly and used too much energy that could be seen as harmful to the planet.

Following the decision, the price of bitcoin instantly declined by 15% as investors became scared about what could happen in the future, although more cause for concern was about to happen because of things that Musk had decided to do; thus further highlighting his ability to make the bitcoin landscape as volatile as possible.

After Tesla’s announcement that they would not be allowing cryptocurrency to be used as a payment method, one user decided to suggest that the company and Musk would be looking to sell the digital currency that they had invested in. The user mentioned Musk in the tweet, which he saw and decided to simply reply with “indeed”, thus inferring that they would look to go ahead and offload it.

That one-worded tweet would have made the bitcoin landscape even more volatile, as it sent the price of bitcoin to its lowest level since February. However, Musk has continued to confuse, infuriate and just simply annoy those investing in bitcoin as he revealed that Tesla had not sold any bitcoin, which saw its price stop to drop and halt at around the $45,000-mark.

It is not just his involvement in Tesla, though, that continues to have a direct impact on the cryptocurrency landscape, as he has proven he can influence it with Space X as he has seen Dogecoin increase by 30% after tweeting that he was working with the digital currency’s developers to make it more efficient.

However, his most recent stunt will have sent shockwaves through the bitcoin landscape as he highlighted just how volatile it truly can be. After an appearance on Saturday Night Live, he revealed that Dogecoin was a “hustle”.

This comment immediately saw the digital currency lose some of its value within a few hours, whilst a 24-hour period saw it decrease by 30% and leave it significantly well below the $0.74 all-time high it had once been.

Conclusion

There is no doubt that Elon Musk continues to make the bitcoin landscape as volatile as it is by continuing to make conflicting claims and decisions regarding cryptocurrencies. Of course, being the second-richest person in the world will carry some sort of influence when it comes down to finance, but his power over the volatility of digital currency appears to be greater than anybody elses.

How to get a better car finance deal

Sam Allcock
-
0
How to get a better car finance deal

Getting car finance for the first time can be confusing and can seem like a minefield. Alternatively, you could have taken out car finance in the past and looking to get the best deal possible. But how you can you make sure you get the deal that’s right for you and get the car you want? Refused Car Finance explains how you can negotiate your finance deal and make sure you’re getting a good deal!

Check your credit

Before applying for any type of loan or finance, you should always check your credit first before you do anything. If you are applying for bad credit car finance then you probably already know that you’ve had some trouble in the past meeting your repayment deadline, but not all hope is lost! When you check your credit file, you should make sure that all your information is accurate and up to date and ask your credit referencing agency who provided your credit file to fix any mistakes or update any information. If you’re worried about bad credit holding you back, you could consider increasing your credit score prior to a car finance application.

Clear your debts

If you do want to get yourself into the best position possible position before you apply for car finance, you should consider clearing any existing debts you have before taking on anymore. You should also pay back any payment son time and in full each month to show lenders that you are a responsible borrower. Ultimately, lenders just want confidence that you can be trusted to pay back your loan on time and in full. You can apply for car finance in Sydney with bad credit, but you may be offered slightly higher interest rates compared to those with good credit. This is because you are seen as more of a risk to a lender.

Save up for a deposit

Having a deposit to put down for car finance can make you more desirable to a finance lender. Putting down a deposit for a hire purchase car finance deal means that you don’t have to borrow as much from a lender and shows good financial responsibility. Having a bigger deposit to put down can lower your monthly payments and reduce your interest rate. If you need a car in a hurry and don’t have a deposit ready, there are many affordable no deposit car finance deals available too.

Keep your interest low and term short

Low monthly payments can be very attractive, but it doesn’t necessarily mean that you are getting the best deal possible. Spreading the cost over 4-5 years can reduce the monthly fee, but it increases the amount of interest you will pay overall. This period is a long time to keep the same car too so if you like changing your car regularly, it may not be the best decision for you. If you do have bad credit, don’t settle for a finance deal with an extortionate interest rate. Using a bad credit car finance broker such as Refused Car Finance can help you get an affordable rate and a car within your budget.

Shop around

Don’t be scared to visit different dealerships and settle for the first offer you get. You could also use a car finance broker to help you. Finance brokers are essentially the middleman between you and the lender. They take your application to a wide range of lenders and help you get the best deal possible for your circumstances! If you are applying with multiple car finance companies for quotes, you should stick to soft search credit checks only. Multiple hard searches in a short space of time can negatively impact your score as it looks like you are desperate for credit. Finance companies should make you aware before they are going to perform hard search on your credit file. If you’re not sure, don’t be afraid to ask!

1...668669670...989Page 669 of 989

ABC Money 2025 - 1st Edition

Magazine - 2025 Edition

Explore the latest insights, trends, and expert analyses in finance with ABC Money 2025. Stay ahead in 2025!

LEARN MORE

Leading news network for crypto, finance and business.

More from ABC

Contact

Contact: advertise@abcmoney.co.uk © ABC Money Team @ 2006

  • bitcoinBitcoin (BTC) $ 108,744.00 2.48%
  • ethereumEthereum (ETH) $ 2,567.58 5.72%
  • tetherTether (USDT) $ 1.00 0.02%
  • xrpXRP (XRP) $ 2.24 2.88%
  • bnbBNB (BNB) $ 659.03 1.42%
  • solanaSolana (SOL) $ 153.46 2.96%
  • usd-coinUSDC (USDC) $ 0.999855 0%
  • tronTRON (TRX) $ 0.285671 1.67%
  • staked-etherLido Staked Ether (STETH) $ 2,563.56 5.57%
  • cardanoCardano (ADA) $ 0.586872 7.14%
  • avalanche-2Avalanche (AVAX) $ 18.60 7.55%
  • the-open-networkToncoin (TON) $ 2.87 2.65%