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      "body": "Congratulations @supercarz! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@supercarz/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@supercarz) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=supercarz)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://mybitcoinsaver.com/blog/post/a-real-world-example-of-why-dollar-cost-averaging-is-the-best-way-to-buy-bitcoin",
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      "title": "A real world example of why Dollar Cost Averaging is the best way to buy Bitcoin",
      "body": "Dollar Cost Averaging (DCA) is an investment technique where you buy a fixed dollar amount of an asset at regular intervals. It is particularly effective when dealing with more volatile assets such as Bitcoin.\n\nLet’s think of a scenario where at the start of this year (2018) you decided to buy $900 worth of Bitcoin. You could either have bought it in one lump sum on January 1st, or you could spread out the $900 by buying $75 worth of Bitcoin each week over 12 weeks. \n\nIn which scenario would you end up with more Bitcoin?\n\nIn Scenario 1, where you buy $900 worth of Bitcoin in one lump sum you would have ended up with 0.046 Bitcoin based on its market price on January 1st which was 19457.16 NZD.\n\nIn Scenario 2, where you spread out the $900 over 12 weeks starting from January 1st, you would have ended up with 0.060 Bitcoin based on the market price every 7 days until the 17th of March.\n\nThis is a difference of 0.014 BTC or a 23% difference in favour of Dollar Cost Averaging. \n\n![imageLikeEmbed 2.png](https://cdn.steemitimages.com/DQmeJhic38QrdCdMYUcATcASZCdfa7q3VKJeYoeugfuAxYV/imageLikeEmbed%202.png)\n\n\nDollar Cost Averaging is not only more effective but easier to adopt compared with lump sum investing as you don’t need a large amount to get started. You can start from as little as $20 a month.\n\n\nAt [MyCryptoSaver](https://mycryptosaver.com/) we facilitate a Dollar Cost Average strategy through automatic bank payments.You just need to set up an automatic payment from your online bank account with an amount and frequency of your choosing and we do the rest. We buy Bitcoin each week and send it straight to your Bitcoin wallet. \n\n \nThis means you are always in control of both your Bitcoin and your bank payments. \n\n\n[Sign up today](https://mycryptosaver.com/)  in 90 seconds and start saving Bitcoin!",
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      "body": "Hey evilmonkey, have you considered www.mycryptosaver.com ? (used to be MyBitcoinSaver).",
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      "title": "Why MyCryptoSaver has the best rates to buy Bitcoin and Ethereum in NZ",
      "body": "![Buy Bitcoin and Ethereum at the best rates in NZ.png](https://cdn.steemitimages.com/DQmPfwayyNaDRbGMUoSoaGWBYEyqkBVJ2VAtCUNY1VtEBfy/Buy%20Bitcoin%20and%20Ethereum%20at%20the%20best%20rates%20in%20NZ.png)\n\nWe often have the best Bitcoin and Ethereum rates in New Zealand.\n\nIt’s not hard to see why.\n\nAside from us, there are generally two ways to buy Bitcoin and Ethereum in New Zealand, either through brokers or exchanges.\n\nWith NZ brokers, they have to pay fees on each individual transaction. This includes paying the the BTC or ETH network fee when sending the crypto, foreign exchange fees to purchase the coins with NZD as well as international bank transfer fees or credit card fees. All these fees are factored into the rate for each individual.\n\nWith NZ exchanges, due to our countries small population, the liquidity here is not even close to the liquidity on the big US or European exchanges such as Bitstamp, Bitfinex and Kraken. This means the price can be up to one thousand of dollars more per Bitcoin in NZ compared with overseas exchange rates.\n\nAt MyCryptoSaver we don’t have to worry about any of those issues. As we are the only NZ crypto comapny that buys in bulk, all those fees mentioned above that brokers have to worry about are mostly negated. The reason for this is that when these fixed fees are divided by thousands of our users they become negligible. Furthermore we buy from Bitstamp which often has the best BTC and ETH price globally and generally has a 24 hour volume of over $100,000,000 USD.\n\nCurrently to understand our rate, a good rule of thumb is to take the current price on Bitstamp, convert it to NZD and add 3.5% of the total price to include our fee. We will be adding a price ticker very soon to show you our MCS rate for Bitcoin and Ethereum at all times.\n\nFor example as of writing this blog at 11am on Thursday 31st May the rate for 1 Bitcoin in New Zealand is:\n\n- Our rate is $10,850\n\n- NZ Bitcoin broker #1: $10,939\n\n- NZ Bitcoin exchange: $10,987\n\n- NZ Bitcoin broker #2: $11,357\n\nThis goes to show that buying in bulk makes a huge savings which we pass on to our users.\n\nAnd soon you will be able to purchase crypto instantly from us at the best rates in NZ…. so keep your eyes peeled!",
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      "body": "![Screen Shot 2018-05-08 at 11.41.36 AM.png](https://cdn.steemitimages.com/DQmd81qonGdGN6hYuPcV5QXdHZFTx8fgBzSzmCnrbqnAjiC/Screen%20Shot%202018-05-08%20at%2011.41.36%20AM.png)By now most people you ask will have heard of Bitcoin. It’s mentioned on the 6 o’clock news, debated about near every office coffee machine and is talked about all over the internet. However with so much information and exposure to Bitcoin many Kiwis still ask the question, How do I buy Bitcoin in New Zealand?\n\nBlog by [MyCryptoSaver](https://www.mycryptosaver.com)\n\nBefore we get started on how to buy Bitcoin it is a good idea to learn about what [Bitcoin](https://www.bitcoin.org) is if you are still very new to it. Quite simply Bitcoin is a decentralised digital currency that is powered by the Blockchain. The Bitcoin.org website has a great rundown of the technology and applications and the [Coinmarketcap](https://www.coinmarketcap.com) website will give you what the current price of Bitcoin is as well as a bunch of other Cryptocurrencies.\n\nSo now we know what Bitcoin is, how do we buy Bitcoin in New Zealand?\n\n1. Setting up a Bitcoin wallet\n\nThe first step to buying Bitcoin is to set up a Bitcoin wallet. This is what you will use to store your Bitcoin upon purchase. We recommend using the [Blockchain.info](https://www.blockchain.info) and we have a helpful video on our setting up page that takes you through the process.\n\nIt is important to understand that once that Bitcoin is in your wallet you have complete control over it. This means that the security of your Bitcoin is your responsibility too. You need to develop good Bitcoin security practices.\n\n- Keep your private key or seed phrase written down and somewhere safe\n- Never expose your private keys online\n- Protect your wallet access with a password\n- Never tell someone how much Bitcoin you own\n\n2. Finding the right place to buy Bitcoin in New Zealand\n\nThere are now a few services that offer a place to buy Bitcoin in New Zealand. A few key things to look out for are if they are a registered financial provider and what fees they charge.\n\n[MyCryptoSaver](https://www.mycryptosaver.com) is a registered financial provider and we only charge a 3.5% fee on each transaction. The reason we can provide such a low fee is that we buy Bitcoin in bulk which basically means we get it at wholesale prices, we don’t buy single purchases of Bitcoin for each order like other Bitcoin services.\n\nAt MyCryptoSaver we also make the process of buying Bitcoin effortless for you. More than half our user base are Bitcoin ‘first timers,’ this is because we do all the hard work for you.\n\n3. Setting up with [MyCryptoSaver](https://www.mycryptosaver.com)\n\nSigning up with MyCryptoSaver takes no time at all. You just need to register on the homepage and verify yourself with a Government issued i.d.\n\nOnce verified you will be given a unique reference number that you put in the reference field of your bank payments.\n\nAfter setting up an automatic payment of between $20 - $2000 that can go out weekly, fortnightly or monthly into a bank account we provide, you just need to you then just need to sit back, relax and watch your Bitcoin savings grow. We buy Bitcoin at wholesale prices and send it to your Bitcoin wallet on Fridays.\n\nSo if you are searching for where to buy Bitcoin in New Zealand you have found the right place with MyCryptoSaver.\n\nIf you have any further questions about our service or you need some help in setting up please don’t hesitate to contact us at [email protected] \n\nHappy Bitcoin Saving!",
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      "body": "Ethereum is the second largest cryptocurrency behind Bitcoin. It’s current market cap as of today is ~ 92 Billion NZD. It’s initial release was on the 30th of July 2015 and since then it has grown substantially where in 2017 the price grew over 17,000 percent. It was proposed and co-created by Vitalik Buterin, who was just 21 when it was released publicly. \n\nWhere Bitcoin is looking to disrupt banks and other payment institutions. Ethereum provides a decentralised virtual machine looking to disrupt (with the help of the Blockchain) the need for internet third parties that store and transfer data along with value. For example companies like Google and Facebook to name a few, are the very institutions Ethereum can disrupt by decentralising the private clouds and servers owned by them.\n\nEthereum has been used to power the majority of the ICO’s we see today however as seen above, that is just one of the many applications this platform can provide. The token that fuels the Ethereum ecosystem is called Ether and it is what pays for transaction fees and services on the network.\n\nSetting up an Ethereum wallet\n\nAn Ethereum wallet can be set up using the app Blockchain.info which can also be used as a Bitcoin wallet. It is important to note that separate Bitcoin and Ethereum wallet addresses must be set up within the app. If you send Ethereum to a Bitcoin wallet address of vice versa, it will be lost forever.\n\nOnce downloading and registering with the app you will see balances for Bitcoin, Ether and Bitcoin Cash. You simply need to press the Ether text and you will be directed to your Ether wallet where you will find your Ether address by clicking the down arrow on the bottom right of screen. You can check the address is an Ether address by looking at the top of the app and seeing what icon and name is displayed. It should say ‘Ether’ and display the Ether logo. If not, then you just need to click the dropdown arrow next to it and choose Ether from the options.\n\nFrom there you are ready to receive some Ether!\n\nFinding the right place to buy Ether in New Zealand\n\nThere are a few different options to buy Ether in NZ. At www.mycryptosaver.com we offer the best prices as we buy direct from overseas exchanges that have the highest liquidity and best rates. Also, as we buy in bulk each week a lot of the fees including foreign bank transfer and network fees that other crypto companies have to pay for each individual transaction is not a worry for us as they get absorbed by the bulk purchase and end up being very low for each user.\n\nSetting up with Ethereum\n\nSigning up with MyCryptoSaver to buy Ethereum takes no time at all. You just need to register on the homepage, add a Bitcoin wallet address and verify yourself with a Government issued i.d. Once verified you will be given a unique reference number that you put in the reference field of your bank payments. Your payment can be between $20 - $2000 a week, fortnight, month or whatever frequency you like. \n\nAs new MyCryptoSaver accounts always start with a Bitcoin wallet address, you will need to manually add an Ethereum address which you can do by going to account settings and clicking the ‘add address’ button next to ‘Ethereum.’\n\nOnce you have added your Ethereum address you will see a slider appear on your account page which will allow you to determine what percentage of your payment goes into Bitcoin and Ethereum. You can choose 100% Bitcoin or 100% Ethereum or anything in between.",
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