Finance

Crowdfunding for leukemia

Published

5 years ago

August 22, 2018

Offcce

Cancer is one of the most dreaded diseases that human beings deal with now-a days. Although medical science has been able to come up with very early detection methods of cancer, it has not found a cure. There are various treatments that doctors use for cancer and these treatments are all improving day by day as more research is done on the disease. But medical science is nowhere close to removing the mortality risk from cancer.

At the same time, treating cancer is very expensive. Those who do not have medical insurance find it extremely difficult to fund treatment for cancer. They may try to take bank loans which they will pay back for years. Depletion of savings is another option that people who do not have medical insurance try. However, the advent of cyber culture and the explosion of online commerce has presented them with a new option: crowdfunding or medical fundraising.

Crowdfunding is the process by which many people contribute small amounts to a cause and achieve a large target amount. Crowdfunding has been a common method of funding treatment for a long time but has reached new levels of popularity thanks to the internet. There are plenty of crowdfunding platforms offering their services. Some of these ask for a service fee and some do not. The kind of platform you choose depends on your requirement. Since treating cancer is expensive, cancer crowdfunding has become very popular.

Leukemia is one of several blood cancers. It is essentially a cancer of the bone marrow that disturbs the production and lifespan of the red blood cells of the body due to the excess of white blood cells. Leukemia is likely to affect people over the age of 55 however, it can affect children too. In fact, leukemia is one of the most common cancer found in children. Children with leukemia need special treatment and care. People at risk of developing leukemia include smokers, carriers of HIV and HTLV-1, people who have been exposed to chemotherapy before. A common household product that has been correlated with incidences of leukemia is hair dye.

If you have been diagnosed with leukemia, your treatment would be decided by your doctor after a thorough examination. Depending on where you are being treated, your treatments costs can vary. Costs can range from anything between 2.5 lakhs and 20 lakhs. However, you need not shell the entire amount out of your own pockets. Similarly, if you do not have this amount, you can start crowdfunding for cancer treatment. It is easy and relatively simple. However, it will require a certain degree of persistence:

Start a fundraiser on a crowdfunding site of your choice. Make sure that your chosen platform provides you with a campaign manager. We recommend Impact Guru because of their diverse range of experience with cancer crowdfunding.
Once you have chosen your platform, you have to write your fundraiser. Make sure your fundraiser is clearly written and explains your problem to your audience. To substantiate your fundraiser, upload pictures of your medical documents and if possible a photograph of the patient. This gives credibility to your claims.
Have a team ready to back you up. These people will help you with publicizing your campaign. Your team will also help you with the day to day work of the campaign. Hence, they need to be dedicated.
If you think one fundraiser is not enough to raise the kind of money you are looking at, you might consider starting support fundraisers and asking others to share them. This way, you reach a greater number of people and have access to people from different social circles.
You should contact other survivors of the illness who are financially stable and hence, can contribute to your cause.

There are other ways to raise money for medical crowdfunding. However, this is a basic list with which you should begin. Remember that despite all the hard work, medical fundraising is still low risk and zero investment and therefore a good option.

Related Topics:Crowdfunding for leukemia

Up Next

The most effective method to Get Started With Real Estate Investing

Don't Miss

All You Want to Know About Scottish Pension

Finance

Cold Wallet: The Best New Ways To Use Cryptocurrency

Published

5 months ago

November 2, 2022

Offcce

A cold wallet or offline wallet is considered the best way to store and use cryptocurrency. It is an encrypted device designed as a single access point for your crypto coins and digital currencies.

The advantage of using a Cold Wallet is that it is accessible only by you and no one else. These types of wallets are also known as hardware wallets and they act as a vault for your cryptocurrencies.

Unlike hot wallets, cold wallets are not connected to the internet. This is what makes them safer and better. This post will cover information about cold wallets and how they can be helpful.

Table of Contents

Reasons To Use A Cold Wallet

Using cold wallets to store your crypto coins can be beneficial to you in many ways. If you are using this type of wallet for the first time, you should take note of the pointers below.

The private key is not exposed

When using a cold wallet, you don’t need to expose your private key online. The only place it is required is on your encrypted hardware device. This keeps your private key safe from hacking and cyber threats.

Can store multiple cryptocurrencies

Cryptocurrencies don’t occupy a lot of storage space. There’s no limit on the number of crypto coins an offline storage system can store. Some cold wallets allow you to store multiple crypto coins at the same time.

Pin protection

The best thing about cold wallets is the pin protection. Let’s say, someone gets hold of your cold wallet and tries to open it. Without the pin code, the person cannot access your cold wallet. After 3 attempts, the person will automatically get locked out.

Transaction verification

Every cryptocurrency transaction you make needs to be verified via your cold wallet. So, without gaining access to your encrypted cold wallet, no one else can make a transaction. Just keep the device hidden and away from everyone’s reach.

No virus

Most viruses are designed to impact system software. But since a cold wallet is a hardware-based device, it will remain unaffected by viruses. With cold wallets, you don’t need to worry about the safety of your crypto coins getting compromised.

Cold wallets have been around for many years. If you are a regular crypto investor and need a crypto storage wallet, you should go for a cold wallet.

Finance

Beginner’s Guide to start with stock trading

Published

1 year ago

January 10, 2022

Offcce

Beginner’s Guide to start with stock trading

Many of us struggle to save our money from whatever we earn so that we can lead a nice and bit more than ordinary life. However, saving is a task which takes time and it is often hard to save a fixed amount every month. Rather than thinking of saving a small amount every month, why not think of earning something extra? Stock trading is that one field or market where you can earn a great amount of money in the shortest time. But, it is not as easy as it seems. If you are new to the stock trading, then there are certain things you need to look for to avoid losing for the very first time itself.

Here, we are sharing a beginner’s guide to help you with stock trading:

Keep your funds aside:

The first thing which is also the most important one is to understand that you shouldn’t put all your savings and money in the stock trading. You should always have a fixed monthly amount which you can afford to invest and even if you are not getting it back and losing, it is not impacting you a lot.

Gain some knowledge:

It is normal that when you will decide to enter the field of trading, there will be many who will suggest many things. Don’t trust people blindly, they may have gained some profit with their ways, but it is not mandatory that it will work for you. So, gather some knowledge and read some materials on stock trading.

Hire a broker:

Accept it or not, but the facts remain the same. No one can excel at stock trading merely by reading some materials and doing it part-time. One needs to get into the field, analyze the market, takes a risk and then he/she can know how the market works. So, avoiding putting your savings at stake all the time and getting certain returns, it is better that you hire a broker. A broker is aware of all the ups and downs of the market, and he knows on which stock to invest getting you a certain return.

Stock trading is a booming market which is never at rest, but it is not something that everyone can know about. You must know how to deal with many things to deal with the best and the safest way.