Discretionary income selection

Making the most of your discretionary income

Discretionary income is what you have left after paying your fixed expenses. You can spend on what you choose.


How you spend that money can affect your financial situation, but before we do that, we need to understand what discretionary income is.


Expenses for the operation of the car



Products, etc.

People who have an addiction will prioritize their spending so that the addiction is included in their ongoing expenses.

As an adult, everyone has freedom of choice if they are debt-free, meaning their freedom is eroded by their level of debt.

The old saying, “The borrower is the slave of the lender” sums it up.

We all have some control over most of our fixed costs, such as groceries and electricity; we can downsize them but items like rates/rent are fixed but even then we can choose to live in a more modest apartment or downsize.

The excess of your expenses is called discretionary income.

Another way to increase your disposable (discretionary) income is to increase your income by getting a part-time job, getting a higher-paying job, or selling things online.

Saving your discretionary spending for a greater purpose instead of spending it gives your life some meaning. Instead of just letting things happen, you make things happen. Many people 10-20 years later wondered what happened.

There is a big difference between keeping your money and investing it. Astute discretionary investors grow their wealth by investing in higher risk stocks and shares, gold and cryptocurrency. There are enough online platforms where you can dig into these things while you’re still climbing the investment ladder.

But then you might prefer to save for a vacation and check off an item or two on your bucket list. Border closures will limit your choice of places, but here in New Zealand there are so many fantastic places to visit that it’s a chance to discover your own backyard.

Among the most popular activities in New Zealand are landing on Franz and Fox glaciers, diving in the hot pools of Hanmer Springs, visiting the Marlborough wine region or attending one of the sporting events around the country. One thing I have to mention here is the Tranz Alpine Express train journey between Christchurch and Greymouth. It is considered one of the best train journeys in the world, and having experienced it, I disagree. This should be on everyone’s bucket list.

Allow security to feel more grounded

In any case, first things first – cryptocurrencies that can be exchanged between people or associations that recognize them. Cryptographic types of cash aren’t a particularly modern concept – they’ve been around since the 1980s, and there are several around today.

Prominent among the most vexing problems with previous cryptographic types of cash was the “double spending” problem. This means that some person would spend a unit of cash and it was possible to control the systems to such an extent that when introduced he would be able to keep that unit with him, giving him the opportunity to spend that money again.

Bitcoin solved this problem through its dispersed structure called Blockchain. Since there is no central region ruled by a specific country or organization, the idea of ​​the Bitcoin blockchain is incredibly difficult to crack, and to some extent overkill.

To deal with all these security issues, Cryptobulls Exchange, which is the best trading platform, offers you a wide range of digital currencies that have built a powerful security framework to counter blunders and charges for the smooth functioning of exchanges. Your safety is an important goal and it is their main policy that they work on.

At Cryptobulls Exchange they manage security so you don’t have to as they follow industry rules and regulations.

Your phone will be verified the moment you join us and we’ll send you an SMS when you hit connect and each of your points of interest will go into the security system.

Not only that, we run 2-factor authentication to let the unapproved get through.

Just use your mobile phone to get a one-time login password. In case you face any problems, they are available all day, every day. You can contact them and their team will help you in solving your every problem.

Various exchanges and online wallets have already faced security breaches, and such organizations usually do not provide enough insurance and security to be used to store cash like a bank.

In any case, with this well-defined stage, you will get different types of bitcoin wallets to create strongly anchored exchanges. What’s more, you’ll get two-factor authentication.

So, what are you waiting for, start your exchange with Cryptobulls Exchange and experience security like never before.

How Blockchain Works

Blockchain is a piece of software designed to create decentralized databases.

The system is completely open source, which means that anyone can view, edit and propose changes to the underlying code.

​​​​​​While it is becoming more popular thanks to the rise of Bitcoin, it has been around since 2008, making it about a decade old (ancient in computing terms).

The most important point about the “blockchain” is that it was designed to create applications that do not require a centralized data processing service. This means that if you use the system built on top of it (namely Bitcoin), your data will be stored on 1000’s of “independent” servers around the world (not owned by any central service).

The service works by creating a “ledger”. This ledger allows users to create “transactions” with each other, storing the contents of those transactions in new “blocks” of each “blockchain” database.

Depending on the application that creates the transactions, they must be encrypted with different algorithms. Because this encryption uses cryptography to “encrypt” the data stored in each new “block,” the term “crypto” describes the process of cryptographically protecting any new blockchain data that an application may create.

To fully understand how this works, you need to understand that “blockchain” is not a new technology – it just uses technology in a slightly different way. At its core is a data graph known as Merkle trees. Merkle trees are essentially ways for computer systems to store “versions” of a set of data in chronological order, allowing them to manage constant updates to that data.

The reason this is important is that today’s “data” systems are what can be described as “2D”, meaning they have no way to track updates to the underlying dataset. The data is mostly stored in its entirety – with any updates applied directly to it. While there’s nothing wrong with this, the problem with this is that it means the data either needs to be updated manually or is very difficult to update.

The solution that blockchain provides is essentially to create “versions” of data. Each “block” added to the “chain” (the “chain” being the database) provides a list of new transactions for that data. This means that if you can link this functionality to a system that facilitates data transfer between two or more users (messaging, etc.), you can create a completely independent system.

This is what we saw with Bitcoin. Contrary to popular belief, Bitcoin is not a “currency” per se; it is a public ledger of financial transactions.

This public ledger is encrypted so that only the participants in the transactions can see/edit the data (hence the name “crypto”)… but more than that, the fact that the data is stored and processed by 1000’s of servers around the world means that the service can work regardless of any banks (its main advantage).

Obviously, leaving aside the problems with the basic idea of ​​Bitcoin etc., the basis of the service is that it is basically a system that runs on a network of processing machines (called “miners”). They all run on “blockchain” software and work to “compile” new transactions into “blocks” that keep the Bitcoin database as up-to-date as possible.

While many people blindly promise support for blockchain, it actually has a number of vulnerabilities – most notably that it relies almost entirely on the encryption algorithms used by its various applications. If one of these algorithms fails, or users are compromised in any way, the entire “blockchain” infrastructure can suffer as a result.

What is Bitcoin?

Over time, Bitcoins have become a very well-known and popular form of currency. However, what is Bitcoin? The following article will examine the pros and cons of this currency that came out of nowhere and spread like wildfire. How is it different from regular currencies?

Bitcoin is a digital currency, it is not printed and never will be. They are conducted electronically, and this is also not controlled by anyone. They are produced by people and businesses, creating the first ever form of money known as cryptocurrency. While conventional currencies can be seen in the real world, Bitcoin works through billions of computers around the world. From Bitcoin in the United States to Bitcoin in India, it has become a global currency. However, the biggest difference from other currencies is that it is decentralized. This means that no specific company or bank owns it.

Who created it?

Satoshi Nakamoto, a software developer, suggested and created Bitcoin. He saw this as a chance to have a new currency on the market free from central authority.

Who is printing this?

As mentioned earlier, the simple answer is no one. Bitcoin is not a printed currency, it is a digital currency. You can even transact online using bitcoins. So you can’t produce unlimited bitcoins? Not at all, bitcoin is designed to never “mine” more than 21 million bitcoins in the world at once. Although they can be broken down into smaller amounts. The hundred millionth part of a bitcoin is called a “satoshi” in honor of its creator.

What is Bitcoin based on?

Bitcoin is mainly based on gold and silver for normal use. However, the truth is that Bitcoin is actually based on pure mathematics. It also has nothing to hide as it is open source. So anyone can look at it to see if it works as they claim.

What are the characteristics of Bitcoin?

1. As mentioned earlier, it is decentralized. It is not owned by any particular company or bank. Each Bitcoin mining software makes up a network and they work together. The theory was, and it worked, that if one network goes down, the money still flows.

2. Easy to set up. You can create a Bitcoin account in seconds, unlike the big banks.

3. It’s anonymous, at least in that your bitcoin addresses are not linked to any personal information.

4. It’s completely transparent, all transactions using Bitcoin are shown on a big chart known as the blockchain, but no one knows it’s you because there are no names associated with it.

5. Transaction fees are negligible and compared to bank fees, the infrequent and small fees charged by Bitcoin are close to zero. It’s fast, very fast. Wherever you send the money too, it usually arrives within minutes of processing.g. It is non-disputable, meaning that once you send your bitcoins, they are gone forever.

Bitcoin has significantly changed the world and the way we view money. Many people wonder if it is possible to live off Bitcoins. Some even tried to do it. Despite this, Bitcoin is now a part of our economy, a unique kind of currency, and it is not going away anytime soon.

Blockchain Use Cases

Blockchain is what the name says – a block of transactions linked together in a chain. Blockchain technology, originally created to support the cryptocurrency Bitcoin, has become widely known and has the potential to revolutionize our lives, the economy, and the world. One of the greatest advantages of Blockchain is that all transactions are public. This means you can trace everything back to its origin.

For example, imagine a foodborne illness. Contamination could be traced from the plate to the supermarket and back to the source of the product. Let’s take this transparency a step further. We live in an armed society. Many weapons are traded illegally. Blockchain technology will not only eliminate the illegal trade, but will also be a way to bring the source of the illegal arms trade to justice. In addition to the ability of transactions to be public, blockchain transactions are also fast.

Blockchain can potentially replace current trading platforms because investors selling stocks through Blockchain will have instant access to their funds instead of the usual waiting time. Transactions made on the blockchain happen very quickly, at a low cost, and most importantly, are more secure than many, if not all, platforms. Security is a huge factor in Blockchain that is changing the world as we know it. Due to its design, Blockchain is virtually impossible to hack. Its transaction ledgers are decentralized, meaning that copies of these transactions exist and must be verified by nodes. Once a transaction is verified, it is “sealed” into a block and is virtually impossible to change. Since this platform is very secure, it can be used as a voting environment in the United States and even around the world.

There are so many alleged cases of corruption and fraud that voting using Blockchain would eliminate these fears. Again, everything is public. It’s instant. And it is very safe. There will be no worries that votes will be changed or votes will not be counted. The irrevocable book will confirm this. In addition to being public, secure and secure, Bitcoin is also very cost-effective. For most transactions, this eliminates the middleman. There won’t be much need for third parties to manage or review transactions. Companies won’t spend on security to prevent fraud because Blockchain has it covered. Companies will also be able to use Blockchain to assess their own supply chain and identify inefficiencies.

You find it funny that Blockchain started as a small platform to support Bitcoin and now the technology is bigger than what it was created to support. Although Blockchain technology is relatively new, there are many benefits that are too good to ignore. Blockchain technology is transparent. All transactions take place through a public ledger. Blockchain technology is both fast and cost-effective. And ultimately, blockchain technology is safe and secure.

What is Bitcoin and its characteristics?

Introduction to Bitcoin

Bitcoin is an advanced form of currency used to buy things through online transactions. Bitcoin is not tangible, it is completely controlled and produced electronically. Care should be taken when investing in Bitcoin as its value is constantly changing. Bitcoin is used to exchange various currencies, services and products. Transactions are done through a computerized wallet, so transactions are processed quickly. Any such transactions are always irreversible as the identity of the customer is not revealed. This factor makes it a bit more difficult to make a decision about transactions through Bitcoin.

Features of Bitcoin

Bitcoin is faster: Bitcoin has the ability to arrange installments faster than any other mode. Normally, when transferring cash from one side of the world to another bank, it takes days to complete the transaction, but in the case of Bitcoin, it only takes a few minutes. This is one of the reasons why people use bitcoins for various online transactions.

Bitcoin is easy to set up: Bitcoin transactions are made through an address that each customer owns. This address can be easily established without going through any of the procedures that a bank goes through when creating a record. Address creation can be done without any changes, or credit checks, or any inquiries. However, every customer who wants to contribute should always check the current value of bitcoins.

Bitcoin Anonymous: Unlike banks, which keep complete records of their customers’ transactions, Bitcoin does not. It does not store customer financial records, contact details or other relevant information. A Bitcoin wallet usually does not require any significant data to operate. This characteristic raises two points of view: firstly, people think that it is a good way to keep their data away from the third party, and secondly, people think that it can cause dangerous activities.

Bitcoin cannot be denied: When someone sends bitcoins to someone, there is usually no way to get the bitcoins back unless the recipient feels the need to return them. This characteristic ensures that the transaction will be completed, that is, the beneficiary cannot claim that he never received the cash.

Bitcoin is decentralized: One of the main characteristics of Bitcoin is that it is not under the control of a specific administration expert. It is managed in such a way that every business, person and machine involved in the verification of exchange and mining is part of the system. Even if part of the system goes down, money transfers continue.

Bitcoin is transparent: Although only an address is used to complete transactions, every Bitcoin exchange is recorded on the blockchain. That way, if at any time an address was used, they can find out how much money is in the wallet through Blockchain records. There are ways you can increase the security of your wallets.

How does Cromacoin function to improve business productivity?

Instead of getting all the details of relevant information in the world of modernized technology, Cromacoin usually works on a widespread public ledger known as Blockchain, where all confirmed transactions are carried out. There are many ways that users are aware of each transaction, avoiding theft and spending the same currency within a specified time. This process also supports Blockchain as it is trustworthy for the relevant piece of content. Cromacoin is one of the great digital currencies that is evolving to match the best digital currency exchanges.

Where to store the tokens of your new ICO after purchase?

There are various applications to use when getting new ICO tokens, some of the vital key elements are displayed below for better view:-

• Total customer satisfaction is one email server that works independently of third party servers. It also monitors the entire transaction from start to finish.

• Small Clients – The mandatory important part of the server undoubtedly depends on the satisfaction of the clients as everyone gets access to the network for the most important transactions.

• Web clients are the opposite of a full client that completely depends on a third-party server and executes all transactions instantly.

Where can you find Cromacoin?

In order to develop with this cryptocurrency digital exchange you can first buy Cromacoin from the following steps:-

• Cryptocurrency exchanges where you can exchange regular new ICO tokens.

• A vendor can be found or simply by using the SING UP process available for the procedural module.

• Once registered, Cromacoin is valuable to customers for better investment plans.

Enter the important credentials in your account to avail the freeway services through the REGISTRATION process.

• It is recommended to use a strong, long password with a mix of letters, alphabets, and other special characters.

• Product information can be found in our white paper, which quickly offers highly reliable information.

• Get proper financial statement as ICO can be started with crowdfunding.

• Companies that use ICOs at an earlier stage for traditional business acquire technical documents, which is most likely to cause concern.

Explanations about Cromacoin are needed just by studying the documents in the ICO.

• Get cryptocurrency rate along with procedural modules according to digital currency exchanges.

Where are your tokens? Learn more from specific rated information

First, it is important to bring tokens for your ICO which is related to your tokens available according to needs and requirements. This may hurt the project a bit, having in mind a reliable project that can be submitted for Cromacoin analysis. It is recommended to contribute your new ICO tokens where the tokens are actually bare and to contribute repeatedly for your new token.

• Set up a coin and participate in an ICO to buy tokens.

• Need a wallet that supports tokens for purchases.

• Participate in the ICO to buy Cromacoin tokens.

• Send ETH to purchase a token that will be tied to the wallet’s private key.

• Get several pieces of information to perform with Cromacoin.

• Continuously submit ETH address for ICO and token offering.

• Do not ask for a deposit that the wallet supports for the new token, or your new ICO tokens can be accessed on the Blockchain with appropriate security policies.

How to import ICO tokens to a supported wallet?

If there is a contract address for the token, it is possible to import the tokens into the wallet. Likewise, our wallet has the ability to store many tokens with accuracy in all conditions as well as efficiency, which play an important role in business productivity. Our wallet is covered by a unique wallet address, which is therefore only sent when tokens are entered.

Blockchained web hosting

The remarkable recent rise in the price of Bitcoin has reignited the imagination of many investors, but blockchain technology is not just about money. In this article, we will take a look at how this revolutionary technology will have a significant impact on classic web hosting services.

The concept of cryptocurrency is not rocket science. In fact, this means of exchange is no more complicated than traditional currency. However, it needs a safe and secure environment in which to operate, and this is provided by Blockchain.

What is Blockchain? There is a lot of confusion surrounding it, but for the purposes of this article, we’ll just refer to it as a distributed spreadsheet. We are all familiar with Excel or Open Office spreadsheets, but what makes Blockchain so attractive is the way it is distributed.

Just like torrent files, Blockchain is a peer-to-peer network where there is no need to provide trust between parties. Thanks to modern cryptography, trust is instead maintained at the level of a single record, rather than the party hosting it.

Okay, now we understand the basics of the cryptocurrency revolution, but how, we may ask, does it affect web hosting services? Essentially, in its simplest form, this involves not only selling your services in local currency, but also in Bitcoin and other cryptocurrencies.

However, this is not the end of the revolution. Bitcoin and other digital currencies require e-wallets to operate, and thus there is huge potential for traditional web hosting providers. If you are trusted by your clients and host their sites, why not host their e-valeries?

Every cryptocurrency transaction is a de facto transaction between two electronic valets. Every exchange is supported through a wallet, and you can also provide an interface for your customers to access it. This factor is key to fully understanding the impact of blockchain on your hosting.

However, Blockchain is not just about money. The latest versions of its protocols also allow for any form of contract between the parties, be it a cable TV subscription or any other type of bill. They all have to be stored somewhere, and there is a place for web hosting companies to participate.

Therefore, the wallet is the key to fully exploit the potential of Blockchain. Once you understand this, what should your next steps be?

Stages of market mania

What is mania? It is defined as a mental illness characterized by intense excitement, euphoria, delirium, and overactivity. In investing, this means that investment decisions are made by fear and greed, unmitigated by analysis, reason, or risk-reward balance. The craze usually parallels the business development of the product, but the timing can sometimes go wrong.

The technology.com boom in the late 90s and today’s cryptocurrency boom are two examples of mania operating in real time. These two events will be covered at each stage in this article.

Idea stage

The first stage of mania begins with a great idea. The idea is not yet known to many people, but the profit potential is great. This is usually translated as unlimited profits, as “something like this has never been done before”. The Internet was one such case. People who used the paper-based systems of the time were skeptical that “how could the Internet replace such a familiar and entrenched system?” The backbone of the idea begins to be built. This evolved into the modems, servers, software and websites needed to turn an idea into something tangible. Investments at the idea stage start in the dark and are made by people who are “in the know”. In case, it can be visionaries and people who work on the project.

The cryptocurrency world is asking the same question: How can a piece of cryptocode replace our monetary system, contract system, and payment systems?


The first websites were crude, limited, slow and annoying. Skeptics would look at the words “information superhighway” thrown around by visionaries and say, “How can it really be that useful?” The forgotten element here is that ideas start off as worse and then evolve into something better and better. Sometimes this is due to better technology, greater scale and lower cost, better application of the product in question, or greater familiarity with the product combined with superior marketing. In terms of investment, early adopters have entered, but there is no euphoria and astronomical returns yet. In some cases, the investment has yielded a decent return, but not enough to make the masses jump on the bandwagon. It’s like a slow internet connection in the 1990s, websites crashing, or wrong information in search engines. In the cryptocurrency world, this indicates high costs for coin mining, slow transaction times, and accounts being hacked or stolen.


Rumors are starting to spread that this Internet and “.com” is a new thing. Products and tangibles are created, but due to the sheer scale, the cost and time spent will be enormous before everyone starts using them. The investment aspect of the equation is starting to outpace business development as markets discount business potential with the cost of investment. The euphoria is starting to materialize, but only among early adopters. This is happening in the cryptocurrency world with the explosion of new “altcoins” and big press in the media gaining space.


This stage is dominated by parabolic profitability and the potential that the Internet offers. Not much thought is given to implementation or challenges because “the payoff is huge and I don’t want to miss out.” The words “irrational wealth” and “mania” are starting to become commonplace as people buy out of sheer greed. Unpleasant risks and downsides are largely ignored. Symptoms of the mania include: any company with a.com in its name is fired up, analysis is abandoned in favor of optics, investment knowledge becomes less and less apparent among new entrants, expectations of 10 to 100 bags of profit are common, and few on the really knows how the product works or doesn’t work. This played out in the cryptocurrency world, with stellar returns in late 2017 and incidents where companies’ shares rose hundreds of percentage points because of the use of “blockchain” in their name. There are also “reverse takeover offers”, where the names of listed but defunct shell companies are changed to something using the blockchain and the shares suddenly start trading heavily.

Crash and burn

The business scene for a new product is changing, but not as fast as the investment scene. Eventually, there is a shift in thinking and a huge sales boom begins. Volatility is massive, and many “weak hands” are wiped out of the market. Suddenly, the analysis is being used again to justify that these companies are undervalued or “overvalued”. Fear spreads and prices accelerate downward. Companies that do not make a profit and survive on hype and future prospects are lost. Cases of fraud and fraud are being discovered and are increasing to take advantage of greed, causing more fear and a sell-off of securities. Businesses that have money are happy to invest in a new product, but the pace of progress slows because the new product is a “bad word” unless there is a convincing demonstration of profit. This is starting to happen in the cryptocurrency world with cryptocurrency lending schemes collapsing and coin theft increasing. Some marginal coins fall in value due to their speculative nature.


At this stage, the investment landscape is charred with stories of losses and bad experiences. Meanwhile, a great idea gains traction, and it’s a boom for the companies that use it. This begins to be realized in daily activities. The product is starting to become the standard, and visionaries say the “information superhighway” is real. The average user notices the improvement of the product, and it starts to become widely distributed. Businesses that had a real strategy for making a profit get hit in the crash and burn stage, but when they have the money to survive, they move on to the next wave. This has never happened in the world of cryptocurrencies. Those with tangible business cases and corporate backing are expected to survive – but it remains to be seen which companies and coins those will be.

The next wave is business catching on to the hype

At this stage, the new product is the standard and the profit becomes obvious. The business case is now based on profit and scale, not the idea. A second wave of investment emerges, starting with the survivors and moving into another early stage of the mania. The next stage was characterized by social media companies, search engines and online stores, which are derivatives of the original product – the Internet.


Mania follows a pattern that plays out in a similar fashion over time. Once you recognize the stages and the thought process behind each one, it becomes easier to understand what’s going on and investment decisions become clearer.

What is Blockchain?

Blockchain is undeniably an ingenious invention that is practically revolutionizing the global business market. Its evolution has brought with it greater benefits not only for businesses but also for their beneficiaries. But since this is a discovery for the whole world, the vision of its operational activity is still unclear. The main question on everyone’s mind is what is blockchain?

To begin with, Blockchain technology serves as a platform that allows digital information to be transmitted without the risk of being copied. This, in a sense, laid the foundation of a strong backbone of a new kind of Internet space. Originally created to work with Bitcoin – trying to explain to laymen the functions of its algorithms, hash functions and digital signature properties, today technology enthusiasts find other potential applications for this flawless invention, which can pave the way for the start of a completely new process of doing business in the world.

In all respects, the blockchain is a kind of algorithm and data distribution structure for managing electronic cash without the intervention of a centralized administration, programmed to record all financial transactions, as well as everything that has value.

Blockchain work

Blockchain can be understood as a Distributed Ledger technology that was originally developed to support the Bitcoin cryptocurrency. But after heavy criticism and rejection, the technology was revised for use in more productive things.

To give a clear picture, imagine a spreadsheet that is practically scaled tons of times through many computing systems. And then imagine that these grids are designed to update this spreadsheet from time to time. This is exactly what blockchain is.

The information stored on the blockchain is a shared ledger whose data is reconciled from time to time. This is a practical method that has many obvious advantages. Blockchain data does not exist in one place. This means that everything stored there is open to public viewing and inspection. In addition, there is no centralized platform to store information that hackers could damage. Virtually simultaneous access to more than a million computing systems, and anyone with an Internet connection can view its data.

Blockchain Durability and Authenticity

Blockchain technology is what minimizes the internet space. It is a gorgeous durable character. Similar to providing data to the general public via the World Wide Web, blocks of authentic information are stored on a blockchain platform that is equally visible across networks.

It is important to note that blockchain cannot be controlled by an individual, organization or individual, and has no single point of failure. Just as the Internet has proven itself to be a robust space over the past 30 years, blockchain will also serve as a true, trusted global platform for business transactions as it continues to evolve.

Transparency and incorruptibility

Industry veterans argue that blockchain lives in a state of consciousness. Practically checks himself from time to time. This is similar to a self-checking technology, where its network reconciles each transaction, known as a block, that occurs on board at regular intervals.

This gives birth to two main properties of the blockchain – it is very transparent and at the same time it cannot be damaged. Every transaction that happens on this server is embedded in the network, making the whole thing visible to the public at all times. In addition, editing or omitting information in the blockchain requires a huge amount of effort and strong computing power. Among these frauds can be easily detected. Hence it is called incorruptible.

Blockchain users

There are no set rules or regulations as to who should or can use this flawless technology. Although currently its potential users are only banks, commercial giants and global economies, the technology is also available for everyday transactions of the general public. The only drawback blockchain faces is global acceptance.