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Manna Wealth Management - Crunchbase Investor Profile & Investments

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Find More Contacts for Manna Wealth Management View contacts for Manna Wealth Management to access new leads and connect with decision-makers. Manna Wealth Management, established in 1962, is a Full-service Fiduciary Wealth Management firm catering to clients globally. David D. Kassir is a CEO of Manna Wealth Management, David D, Kassir with 26 years of investing experience.

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Manna Wealth Management | 24 followers on LinkedIn. Fiduciary Financial, Retirement, Tax, Estate, Investment Planning. Find out How we can Help: 703-533-0030 / 305-306-7107 | We believe it's important to consider the many aspects of your financial life. That encompasses your decisions about what to spend, what to save, what to invest, and what to give back.

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With over 26 years of experience in financial services, I am dedicated to helping individuals meet their financial needs by developing investment plans and retirement plans around their long-term goals and risk tolerance. My extensive experience - throughout major shifts in the markets - enables me to help my clients structure balanced portfolios to address their specific financial goals.

I began my career in 1994 interning at Wheat First Butcher & Singer. In 1995 as an executive at the firm I specialized in corporate retirement plans and retirement planning. In 1997, Wheat First Butcher & Singer merged with First Union Securities, formerly Wachovia (now Wells Fargo Advisors), where I was promoted to Vice President. Early in my career I took notice what felt like a fragmented industry. Around 2002 we acquired our first Financial firm Schafer Financial Services based in Meyersdale, PA. In 2009 we entered into agreement to buyout a renowned broker/dealer, Manna Wealth Management formerly known as Manna Financial Services Corporation, a distinguished investment firm since 1962. Early in 2010 we acquired our third financial firm Sterling Capital Management based in Fairfax, VA. Now as CEO of a 59 year old investment firm, we set our sights outside of Washington DC, in 2016 we opened a Miami Office to cater to clients living in the south Florida.

More recently in 2019 Manna Wealth Management solidified its regional Florida presence by entering into an agreement in acquiring a large financial practice managed by Ms. Jane Fincher headquartered in Brickell, downtown Miami. Jane now brings 39 years of experience. In 2021 Manna Wealth Management acquired its fifth financial firm Wertime Financial Services based in Falls Church, VA.

My mission is to provide every client with targeted, comprehensive financial advice and portfolio management strategies - delivered with the highest level of personal service and professional integrity. This commitment to service also carries over to my involvement with our local community. Committed to helping my community prosper, I am active with the Kassir Foundation.

Book an Appointment, One to One phone call with me at 703-533-0030 or 305-306-7107

Securities and advisory services offered through B. Riley Wealth Management, Inc., Member FINRA/SIPC. These statements, or any other opinion posted on this site, are my opinion only and neither represent nor are indicative of BRWM's overall opinion. For important disclosure information, please visit: https://brileyfin.com/disclosures#wealth-management-disclosures

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David Dereck Kassir, AAMS, CMFC, - Managing Director | Private Wealth Management - Manna Wealth Management | LinkedIn

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With over 26 years of experience in financial services, I am dedicated to helping individuals meet their financial needs by developing investment plans and retirement plans around their long-term goals and risk tolerance. My extensive experience - throughout major shifts in the markets - enables me to help my clients structure balanced portfolios to address their specific financial goals.

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Manna Wealth Management has a richer understanding of each client's personal and financial life that gives them us the ability to customize wealth management solutions to fit each client. We manage complex financial lives of affluent clients have the ability to draw upon a wide array of services and products to meet outcomes.

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Why Market Volatility Should Be a Warning to #Investors Since the beginning of the year, #stockmarket #volatility has been, in a word, extraordinary. Historically, extreme volatility has preceded market corrections. Assess Portfolio www.mannawealthmanagement.com #financialadvisor #stockmarket #volatility #financial

Insane Forward looking logic and predictions. Truly phenomenal interview. Bear Market Gift https://t.co/tg8DHyhuim via @BanklessHQ #bearmarket #market #gamefi #bankless #eth #Ethereum

Here’s what you need to know. Broadly speaking, crypto consists of two types: digital assets and digital currencies. The former have prices that rise and fall with investor sentiment; the latter are designed to maintain a stable value. Bitcoin, Ethereum and about 10,000 other coins are assets, and not relevant to this story. It’s the digital currencies that we want to focus on. In order to maintain their stable prices, these stablecoins operate in a simple, straightforward manner: they take the money you give them and use it to buy US dollars. By maintaining this 1:1 ratio of coins to dollars, they assure investors their coins’ prices will forever avoid volatility. Some of these stablecoins go beyond dollars, however. They buy US Treasuries, bank CDs and even, commercial paper. But all of this is pretty vanilla, and investors have demonstrated little worry that the coin’s $1 price might fall. But that’s not the case for one subset of stablecoins. These are called algorithmic stablecoins. #digital #money #bitcoin #bank #stablecoins

As bitcoin and cryptocurrencies have become more of an acceptable asset class to many big investors and institutions, many retail investors might find themselves wondering if it’s worth having an allocation to crypto in their own portfolios. Is investing in cryptocurrency worth it? Should crypto diversification be a part of every investor’s diversification strategy? Have a closer look and get the edge needed #mannawealthmanagement #crypto #cryptocurrency #btc #bitcoin

Are you a Creator looking to Sell an NFT? Here are the Top 15 Marketplaces for Creators to Sell NFT's. 1. OpenSea 2. Rarible 3. SuperRare 4. Foundation 5. AtomicMarket 6. Myth Market 7. BakerySwap 8. KnownOrigin 9. Enjin Marketplace 10. Portion 11. Async Art 12. Nifty Gateway https://t.co/K7MGq71XP9

Great Report by @Grayscale - Get Smart on Smart Contract Platforms #grayscale #smartcontract #eth #Ethereum https://t.co/9EdxUwCsrL

🥹🥹🥹 https://t.co/PlBsYKUIam

The #Stockmarket #Volatility brought into sharp focus the vulnerability of employees' retirement accounts, especially 401(k) accounts. People are aware now as never before that they must take steps to safeguard the assets in their 401(k) accounts since those assets are not protected by any private or public insurance program. Protect Your 401(k) is a practical, accessible. Find Out about the 10 steps every 401(k) participant must take immediately to secure their investments and any gains they have made so far. #retirement #retired #401k #IRA financial advisor #FIDUCIARY

Why Market Volatility Should Be a Warning to #Investors Since the beginning of the year, #stockmarket #volatility has been, in a word, extraordinary. Historically, extreme volatility has preceded market corrections. Assess Portfolio https://t.co/2XNxi1XTmp #financialadvisor https://t.co/yIDkX0rktf

What Causes Volatility in the Market? When it comes to the market as a whole, volatility is often related to macroeconomic factors rather than industry or company-specific issues. These can include things like abnormally high or low inflation, interest rate hikes, geopolitical events like international conflict, economic recessions, supply-chain issues, like environmental catastrophes or viral outbreaks like the COVID-19 pandemic. In many cases, a combination of these types of factors may catalyze market-wide volatility. #volatility #stockmarket #investing #wealth

When is a stablecoin, not a stable coin? Here’s what you need to know. Broadly speaking, crypto consists of two types: digital assets and digital currencies. The former have prices that rise and fall with investor sentiment; the latter are designed to maintain a stable value. https://t.co/hx9tdqucBC

I listened to BANKLESS’ hour long interview the other day. This article sums it up -Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 & says Web3 really is like the rise of the early internet https://t.co/nSM2VEdDnq #VC #crypto #web3 #nft

Just like paper money or a check, cryptocurrencies allow consumers to buy services and goods, or trade them for profit. Cryptocurrencies have been called everything from the money of the future to an extremely risky asset. Thoughts and strategies about cryptocurrencies spread fast, primarily because cryptocurrencies are a complicated and unique technology that is also accessible. This may leave people wondering if they should be investing in cryptocurrencies, if they are safe, or how they even work. Learn more - mannawealthmanagement.com #bitcoin #metaverse #btc #ethereum #blockchain

Want to Know What One of the Largest VC firms in the World sent their partners & Investees? Below is Sequoia Venture Capital's briefing! Sequoia is one of the largest, oldest and most successful venture funds in the world…These people are super stars! https://t.co/E5vFoh4SxU

Want to know the truth about taxes? Here's what I wish everyone knew Do you remember the day you got your first paycheck? You were likely just a few weeks into your first “real” job and anticipating the fruit of your labor. If you’re like many people, when payday came, you were excited… until you saw the amount that would be hitting your bank account. Taxes. Income tax. Medicare. Social Security. Ugh. It’s a shame modern education doesn’t prepare young people for this moment better. Instead, we allow this experience to feed into the false narrative that the tax law is just a manifestation of how the government is out to get you. We need to fix this. It’s time everyone learned the truth about taxes. The tax law is simple. It establishes a framework for what kind of money is taxed and at what rates. Contrary to popular opinion, the framework is entirely fair. Any two people who do precisely the same thing, in the exact same way, will pay the same amount of tax. Where the tax law gets more complicated is when it comes to all of the ways it shows you how to NOT pay taxes. Yes, the government wants tax revenue. But it also wants businesses and private citizens to do things that help the larger society, things such as: * Create jobs * Build housing * Invest in new energy sources * Develop new technology * And much more In order to accomplish those goals, the government offers tax incentives — giving up some tax revenue in exchange for businesses and people taking on these tasks. It’s frustrating to see so many people miss this basic concept. It’s time we transform the way people think about taxes. Tax-effective investing shouldn’t be a well-kept secret of the very rich. Instead, it can be a powerful tool to help individuals fatten their wallets, lift up their families and communities, and make the world a better place. #tax #taxation #wealth #financialadvisor #financialfreedom

I once met an elder man 2006 in Virginia Beach, GOD rest his soul, whom arrived from Greece in the early part of the 1900 with nothing. Soon years later he owned large swaths of a city I grew up in. He parted wisdom on me many years ago and to this day this wisdom defined a work ethic I live by today. He had an immigrant hustle like so many that arrive to America. Blessed to have been touched by these departing souls🙏❤️ #inspriation #love #work

Just Finished 🙌 you’ve heard the term “have the wind behind my back” put in another that’s a state of Flow. This author does an incredible job explaining Flow appearing in our lives. Whether you’re an artist, Dr, lawyer whatever, there are moments in your life where your skills are matched With the opportunity you’re faced with. The obtainment of Flow is also about changing one’s perspectives when something negative is encountered. What’s interesting there have been many, many times where moments in my life just felt GOD ordained . Flow states are truly like fickle butterflies. When you find yourself in that state immerse yourself as it is a fleeting moment yet the task at hand will mostly be an enjoyable and memorable one. #bookstagram #flow #books

Seeing Jim Cramers face was PRICELESS 🤣🤣🤣 #Pomp Blows Jim Cramers MIND About #Bitcoin! https://t.co/L7e8j3JWky

What Causes Volatility in the Market? When it comes to the market as a whole, volatility is often related to macroeconomic factors rather than industry or company-specific issues. These can include things like abnormally high or low inflation, interest rate hikes, geopolitical https://t.co/DJ1eEBe30n

As bitcoin and cryptocurrencies have become more of an acceptable asset class to many big investors & institutions, many retail investors might find themselves wondering if it’s worth having an allocation to crypto in their own portfolios. Is investing in cryptocurrency worth it? https://t.co/8X7rSt8ymx

Are you a Creator looking to Sell an NFT? Here are the Top 15 Marketplaces for Creators to Sell NFT's. 1. OpenSea 2. Rarible 3. SuperRare 4. Foundation 5. AtomicMarket 6. Myth Market 7. BakerySwap 8. KnownOrigin 9. Enjin Marketplace 10. Portion 11. Async Art 12. Nifty Gateway 13. Decentraland 14. Zora 15. Mintable The Future is Upon Us...Find Out How this New emerging Asset Class fits in Your World! #mannawealthmanagement #NFT #NFTs #nonfungible #copyright #blockchain

Just like paper money or a check, cryptocurrencies allow consumers to buy services and goods, or trade them for profit. Cryptocurrencies have been called everything from the money of the future to an extremely risky asset. https://t.co/4b6Ae5efas

Phenomenal Interview concerning NFT's & the Art World. Here it is: The World According to Punk 6529 https://t.co/Z62ARpDsbe @punk6529 #nft #nfts #art

Want to know the truth about taxes? Here's what I wish everyone knew Do you remember the day you got your first paycheck? You were likely just a few weeks into your first “real” job and anticipating the fruit of your labor. https://t.co/kMTZc1iucw

The 3 Key Elements of Risk Management Investing in Crypto 1. Identifying Risks 2. Define a Strategy & Stick With It 3. The Right Tools to Mitigate Risk #crypto #nfts #btc #bitcoin #investing

Investors are understandably nervous about their investments and their purchasing power. If you are worried about your portfolio, you’re not alone. But during stock market volatility, it’s important to keep a level head to avoid financial mistakes. Stay Calm At times like these, it’s important to put current conditions into perspective. This is not the first time the market has taken a tumble and it won’t be the last. Declines in the Dow Jones Industrial Average are actually fairly regular events. #stockmarket #market #invest #volatility

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David D. Kassir (@DavidKassir) | Bing Pages

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David D. Kassir | financial planning, retirement planning, investment planning | See photos, videos, and more from David D. Kassir on Bing Pages

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Private Wealth Management at Manna Wealth Management Fiduciary Financial, Retirement, Tax, Estate, Investment Planning

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Find local businesses, view maps and get driving directions in Google Maps.

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Find local businesses, view maps and get driving directions in Google Maps.

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Find local businesses, view maps and get driving directions in Google Maps.

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MANNA WEALTH MANAGEMENT - Crystal City - Arlington's Best Financial Advisors · 1201 Wilson Blvd Floor 27, Arlington, VA 22209

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MANNA WEALTH MANAGEMENT - Crystal City - Arlington’s Best Financial Advisors · 1201 Wilson Blvd Floor 27, Arlington, VA 22209

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Manna Wealth Management | Financial Advisors McLean Virginia

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For starters, the state's nickname is actually "The Sunshine State." Boasting an average of 230 days of sunshine, Florida's subtropical climate brings warm summers, mild winters, and temperate springs and falls. Even with a defined rainy season from May through October, retiring in Florida means an abundance of sunshine. Winter temperatures range across the state, from lows in the low 40s in Tallahassee to lows in the mid-60s in the Keys but no matter where you choose to retire in Florida, winters are mild and still have a considerable amount of sunshine, helping retirees enjoy the great outdoors year round.

2 TAX BREAKS FOR SENIORS

Florida is tax-friendly for retirees and retiring in Florida means that you will get to keep more of your income retirement. There is no state income tax in Florida and the state also does not tax retirement income or Social Security benefits. There are no estate or inheritance taxes, and property taxes are reasonable, making the state financially appealing to seniors looking to save their money in retirement.

3 WORLD-FAMOUS WHITE SAND BEACHES

There's no place in the world like the Florida beaches. With over 1,200 miles of coastline from the Gulf Coast to the Atlantic Ocean, Florida's beaches are known for their soft, white sand, gentle breezes, and sun. Sanibel Island is the number one ranked beach in Florida by U.S. News and World Report known for its calm shores and abundance of shells. Retirees in Florida will enjoy beach walking, playing in the sand with their grandchildren, or exploring Sanibel Island's 19th-century lighthouse. For a more active beach, Floridians flock to Destin. One of Florida's most affordable beach towns, Destin also has shopping, dining, and water sport for visitors to enjoy while spotting dolphins and sea turtles.

Retiring in Florida is sure to keep seniors active and social. Because Florida attracts seniors from all over the country, it is more likely for retirees to make friends fast, bonding over shared new experiences and setting out on a retirement adventure together - away from their home state.

While a Florida retirement brings plenty of rest and relaxation, the state also offers active outdoor opportunities. Explore the Everglades National Park on a high-octane airboat ride, Dive with manatees at Crystal River, see amazing coral at Looe Key National Marine Sanctuary, or take in the stunning beauty of Amelia Island on a horse riding expedition. The climate, the beaches, and the national park all lend themselves to an active lifestyle, encouraging seniors to take advantage of hiking, surfing, running, swimming, and more, helping retirees age well.

6 ACTIVE ADULT COMMUNITIES

Because Florida has such a large senior population, retirees in the state have their choice of active senior communities. Many seniors move to Florida before a move to a senior living community because of the 55 and overactive communities. Moving to a community that is exclusively for adults 55 and over can help new Florida transplants make friends and find a strong sense of community before making the move into a senior living community. Florida beckons seniors from all over the world with its promise of options, choice, and adventure for retirees.

7 INTERNATIONAL AIRPORTS

Florida is home to several international airports, making it easy for the family to visit, for seniors to visit loved ones. There are 13 international airports in the state and a number of smaller, regional airports to make it easy for seniors to continue traveling. From Dayton Beach International Airport to Tallahassee International Airport, and Ft. Meyers - Southwest Florida International Airport, retiring in Florida gives seniors easy global access.

Retiring in Florida brings easy access to world-renowned high-quality health services and medical care. The high concentration of seniors in the state has led some of the world's best geriatric professionals to Florida, giving seniors some of the best medical care in the world.

The tropical climate, beautiful beaches, and stunning scenery have drawn people all over the world, making Florida a melting pot of cultures. From art museums, galleries, concerts, and restaurants, Florida offers residents a global experience while staying right at home.

The place where everyone feels like a kid again is located in Orlando, Florida. Disney World attracts millions of visitors each year and is a great place to take grandchildren when they come to visit - which you can be sure they will! Retire in Florida and spend your best years at the Happiest Place on Earth!

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Florida Financial Advisor | Financial Planning Near Me 🚩 FloridaFA

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For starters, the state's nickname is actually "The Sunshine State." Boasting an average of 230 days of sunshine, Florida's subtropical climate brings warm summers, mild winters, and temperate springs and falls. Even with a defined rainy season from May through October, retiring in Florida means an abundance of sunshine.

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Manna Wealth Management | Financial Advisors McLean Virginia

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Defining Alternative Investments

For those who are not familiar with them, alternative investments are defined as "correlated" or "non-correlated assets," meaning that their performance doesn't follow that of more traditional asset classes such as stocks and bonds. Because these assets may move in the opposite direction of traditional investments, they may provide an effective hedge against market downturns.

Some financial advisors may feel that the inclusion of alternative investments is a prudent aspect of asset allocation for retirement accounts. An advisor might allocate 5-10% of your retirement portfolio to this investment.

Investing and trading cryptocurrencies can be different than investing in other assets, but there are some similarities as well. Here are the most important things you must have before jumping into the cryptocurrency investing space:

A cryptocurrency exchange or a broker where you can buy and sell cryptocurrencies

A secure cryptocurrency wallet to store your cryptocurrencies

Knowledge about the cryptocurrency's fundamentals

Money you can afford to lose

An investment strategy that's unique to your risk tolerance

Before you invest in a cryptocurrency, you must do a little research about it. Pay attention to the following key components when you do your crypto research:

The crypto's white paper: A white paper is something like a business proposal for new cryptocurrencies. It includes everything potential investors need to know about the crypto, such as technology, purpose, financial details, and so on.

The team behind the crypto: No one really knows who created Bitcoin, but the rest of the cryptocurrencies out there normally have a team behind them who guide the company and its blockchain technology. Make sure to find out about team members' experience in the field, their motivations, and their authority.

Partnerships: If you're not willing to take a lot of risk, seeing who in the industry has put their trust in the hands of the cryptocurrency you're considering buying is very important. Another good thing about having partners in the traditional world is that the cryptocurrency may have a higher chance of being accepted by the masses.

The crypto's technology: Many cryptocurrencies are tokens from blockchain companies with multiple products. The more you get to know the products and the technology behind the cryptocurrency, the better.

The crypto's contribution to society: What problem is this cryptocurrency trying to solve? Does it matter to you? Is the team behind the cryptocurrency just trying to get rich quick, or does it have a long-term plan for the betterment of society? Finding answers to these questions can help you decide whether you should consider buying this cryptocurrency.

The road map:Many companies behind cryptocurrencies have sections on their websites dedicated to their road maps: where they come from, what they've achieved, and what they're planning to accomplish in the future. If available, road maps are a great way to discover a ton of fundamental information about the crypto in a few minutes.

Cryptocurrency started from nothing and now has over a 2-trillion market cap in less than 10 years.

Many people think it is too late to get into cryptocurrency investing, but cryptocurrency is like any other market such as gold or oil and is still in its infancy; meaning it has a lot of room to mature.

Risk Mitigation through Diversification: Diversification of the portfolio is a risk
management strategy that mixes a wide variety of investments.

1 Diversify by industry. Make sure you invest in a diverse set of coins that can be used to tackle issues in various...

2 Diversify by geography Ensure that none of your funds are going to crypto projects in the same region or...

There are still many emerging projects that are shaping the world of investing in the years to come. Understanding the fundamentals and tokenomics of a particular project may offer investors an edge when considering investing in an alternative investment.

Financial Advisors specializing in Alternative investments offer a foundation of skills and expertise to guide clients in their most important journey: financial success! Diversifying a portfolio in this industry is a great way to grow your reach into the alternative investment space and hedge against traditional potential market losses.

Cryptocurrencies are far from mature, but they are maturing very rapidly, and may potentially offer more for those suitable enough to seek diversifying their portfolios into this burgeoning market.

If you have done any research, you may have heard of a term called "DeFi." DeFi is a shortened version of "decentralized finance" which is a movement by the next generation to move money away from banks and traditional institutions into the cryptocurrency markets. This is fueling huge investment growth for both young and old alike who are willing to hedge their portfolios into the alternative investments market.

The truth is that cash is disappearing, and many people's "wallets" are now on their mobile phones. This push comes from the top down and those that are not on step with the changes will be left behind. Does that mean you should convert your entire portfolio? Not at all but using a diversification strategy can mitigate risk and also offer upside returns that might not otherwise be available.

Alternative Investments offered by Financial Advisors, whom established a foundation of skills and expertise to guide their clients in their most important journey: financial success!

FAQ - What Is Bitcoin?

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. Source: https://bitcoin.org/en/faq

How does one acquire bitcoins?

As payment for goods or services.

Purchase bitcoins at a Bitcoin exchange.

Exchange bitcoins with someone near you.

Earn bitcoins through competitive mining.

While it may be possible to find individuals who wish to sell bitcoins in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys bitcoins with PayPal, and then reverses their half of the transaction. This is commonly referred to as a chargeback.

What are the advantages of Bitcoin?

What are the disadvantages of Bitcoin?

Why do people trust Bitcoin?

Much of the trust in Bitcoin comes from the fact that it requires no trust at all. Bitcoin is fully open-source and decentralized. This means that anyone has access to the entire source code at any time. Any developer in the world can therefore verify exactly how Bitcoin works. All transactions and bitcoins issued into existence can be transparently consulted in real-time by anyone. All payments can be made without reliance on a third party and the whole system is protected by heavily peer-reviewed cryptographic algorithms like those used for online banking. No organization or individual can control Bitcoin, and the network remains secure even if not all of its users can be trusted.

What determines bitcoin's price?

The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls. There is only a limited number of bitcoins in circulation and new bitcoins are created at a predictable and decreasing rate, which means that demand must follow this level of inflation to keep the price stable. Because Bitcoin is still a relatively small market compared to what it could be, it doesn't take significant amounts of money to move the market price up or down, and thus the price of a bitcoin is still very volatile.

How does Bitcoin mining work?

Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created bitcoins issued into existence according to a fixed formula.

For new transactions to be confirmed, they need to be included in a block along with a mathematical proof of work. Such proofs are very hard to generate because there is no way to create them other than by trying billions of calculations per second. This requires miners to perform these calculations before their blocks are accepted by the network and before they are rewarded. As more people start to mine, the difficulty of finding valid blocks is automatically increased by the network to ensure that the average time to find a block remains equal to 10 minutes. As a result, mining is a very competitive business where no individual miner can control what is included in the block chain.

The proof of work is also designed to depend on the previous block to force a chronological order in the block chain. This makes it exponentially difficult to reverse previous transactions because this requires the recalculation of the proofs of work of all the subsequent blocks. When two blocks are found at the same time, miners work on the first block they receive and switch to the longest chain of blocks as soon as the next block is found. This allows mining to secure and maintain a global consensus based on processing power.

Bitcoin miners are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the Bitcoin network because all Bitcoin nodes would reject any block that contains invalid data as per the rules of the Bitcoin protocol. Consequently, the network remains secure even if not all Bitcoin miners can be trusted.

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Crypto Advisory Services | Best Cryptocurrency Advisor | David Kassir | Financial Advisor

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Defining Alternative Investments For those who are not familiar with them, alternative investments are defined as "correlated" or "non-correlated assets," meaning that their performance doesn't follow that of more traditional asset classes such as stocks and bonds. Because these assets may move in the opposite direction of traditional investments, they may provide an effective hedge against market downturns.

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Wealth Management For Women | FAQs WOMEN AND WEALTH

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Financial Planning and Management for Women, Retirement Planning for Women, Women and finance: Financial planning for women Near Me

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Retirement Planning FAQs, 401K, 403b In Virginia, Maryland, Washington DC

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Whether it’s to retire by a certain date, or with a certain amount of money, or both, a planner can help you get there. When you design your future with Manna Wealth Management, we’re getting to know you by helping to build a model for your targeted goal. We understand business cycles and cycles in…

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Retirement Planning FAQs | Miami, FL | McLean - Near Me

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Retirement Planning in Maryland, D.C. and Virginia. Retirement Planning, Thrift Saving Planning, 401K, 403b, 457 Planning, Pension in Washington DC and Miami, FL

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Approach | Creates Financial Goals With Manna Wealth Management

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Wealth Management Strategic Guidance : Providing Tailored Fiduciary Advisory Financial Planning in all stages of life, Retirement planning services near me.

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DAVID KASSIR ‍| Senior Financial Advisor | Crypto Advisor

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David Kassir - Fiduciary Financial Advisor, Retirement, Tax, Estate, Investment Planning, Trusted Financial Advisor. Private Wealth Management at Manna Wealth Management.

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Working with David D. Kassir

At Manna Wealth Management we believe a key to healthy financial management is making choices based on what really matters to you. When you create a clear understanding of your priorities, you may control your money. Not the other way around.

You're working hard to build something meaningful for your life, your family, and your community. A commitment that deserves an approach to your financial life that's personal and flexible while focusing on both what you need now, and what's important for your future. Of course, we can't tell you what's important. But we can help you figure it out. And then, we can help you build a plan around that focus. At Manna Wealth Management, your financial advisor will support you and guide you in taking the right steps each day to accomplish your long term goals.

These days, much of the financial advice you'll encounter is just about investment. We know that Money isn't just about investing. It impacts your choice and actions, everyday.

Paying off debt, saving for college, supporting your favorite charity, anything you do that involves Money can impact your overall success. Together with your Advisor, you'll create a plan that strives to cover it all.

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At Manna Wealth Management we believe a key to healthy financial management is making choices based on what really matters to you. When you create a clear understanding of your priorities, you may control your money. Not the other way around. You're working hard to build something meaningful for your life, your family, and your community.

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Global NFTs saw an increase in year-on-year sales in March 2022. The Q1 of this year experienced the total NFT market trading volume at about $12.13 billion.

And some institutions are estimating that this market will exceed $80 billion by 2025.

What Is a Non-Fungible Token (NFT)?

NFT is an acronym that stands for Non- Fungible T oken. But what does that acronym mean?

First, let's look at the term fungible. "Fungible" means that one item can be replaced by another identical item. These two items are mutually interchangeable.

"Non-fungible" means that something is NOT able to be replaced or cannot be replaced with another identical thing. Think of a non-fungible asset as an original Pablo Picasso painting.

This Picasso painting is a one-of-a-kind painting that is not mutually interchangeable with any other type of painting, even if this other painting is also an original Picasso painting.

Second, what does it mean to be a token?

Well, a token is a digital asset that is created or "minted" by a smart contract that resides on the blockchain.

Unique Attributes of NFTs

Uniqueness: The metadata of each NFT is an unalterable record that gives the uniqueness of the token.

Scarcity: NFTs can be scarce. Developers can generate as many NFTs as they want but they can also limit the supply, on the other hand. This drives the value of NFTs.

Indivisible: When it comes to their utility, NFTs are indivisible.

Transparency: Buyers can verify the authenticity of a specific NFT because records of token issuance, transfer and activity are stored in public distributed ledgers.

Interoperability: NFTs can be purchased, sold or traded across Distributed Ledger Technology (DLT) through a centralized custodial service or decentralized bridge.

Types of NFTs

NFTs can represent all types of items. Some of the more popular NFT items include:

Artwork (digital pictures),

Photographs,

Autographs,

Collections,

Virtual world items such as avatars and real estate,

Video game items, like skins or stickers,

Tangible assets, like automobiles and homes, and

Music.

Standards for NFT

NFTs are digital tokens and therefore are saved and stored on a blockchain. This blockchain acts as a trustless distributed public ledger that records transactions.

The Ethereum blockchain is the most popular blockchain for NFTs.

The most popular NFT standards on Ethereum network are ERC-721 and ERC-1155. ERC-721 is used for single NFTs while the latter is used for the collection of different NFTs.

Other than the above, ERC-998, Flow, Tron, BSC and Tezos are some protocols that support NFTs.

Cryptocurrencies are also digital assets, but they are virtual currencies. As virtual currencies, they can be used as a medium of transaction, like fiat currency.

Bitcoin, for example, is a cryptocurrency and as a currency, it is fungible.

The same cannot be said about NFTs. NFTs are not currencies, and they are also, by definition, non-fungible.

While it is true that both cryptocurrencies and NFTs utilize the blockchain, they use this distributed ledger for different purposes.

Some investors and art collectors purchase NFTs because they represent a unique and rare form of digital art.

Investors are strongly encouraged to research the NFT market. As they say in crypto, DYOR: Do Your Own Research so that you become an informed investor.
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What Is An NFT? - A Beginner's Guide | Types Of NFTs

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Global NFTs saw an increase in year-on-year sales in March 2022. The Q1 of this year experienced the total NFT market trading volume at about $12.13 billion. And some institutions are estimating that this market will exceed $80 billion by 2025. NFT is an acronym that stands for Non- Fungible T oken.