For sustainability of this initiative and to maintain the best quality evaluation the fee of our Mains 2026 Combo (GS+Essay+Optional) Unlimited EvaluationPlan will be increased soon.
To minimize the impact of the fee increase, we have divided it into two phases, with the first hike scheduled for May 15th and the second on May 20th.
Note: Existing students or students subscribing before 15th May will have no impact of fee hike
For sustainability of this initiative and to maintain the best quality evaluation the fee of our Mains 2026 Combo (GS+Essay+Optional) Unlimited EvaluationPlan will be increased soon.
To minimize the impact of the fee increase, we have divided it into two phases, with the first hike scheduled for May 15th and the second on May 20th.
Note: Existing students or students subscribing before 15th May will have no impact of fee hike
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. It’s a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. “This is how new coins are created” and new transactions are added to the blockchain, says Okoro.
Should You Buy Bitcoin?
In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.
