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Scorching Heat Radiates Across the U. New EPA Head Calls for Single U. TIME may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. Folks I’m back again after a few months of nothing with an incredible post for you guys that’s probably unlike anything else you’ve read in the make money online sphere.
I’ve been incredibly busy, both maintaining my empire of websites and working on my new side income: cryptocurrency. So let’s cut to the chase. I’ve been making a shitload of money with Cryptocurrency the past several months — most of it THIS month. In fact, in the month of August, I’ve made a million dollars through cryptocurrency investing. I wasn’t yet a millionaire — not by far. 10 million by the end of 2017.
And I’m going to prove it to you guys here on my blog. Let me first say that I’m not selling anything here, not getting you to sign up for a money-making course that I get a cut of, or pointing you to an affiliate program with crypto currency. I probably could do that, but I don’t need the money and it’s too much effort. I can make plenty without hawking stupid shit to you guys and setting myself as a crypto guru here.
I make NOTHING from sharing this info. It’s just free advice and a glimpse into what I have done and I am doing. So take that for what it is! Never trust someone who is making money from the advice he is dispensing, especially online!
Who else in the online sphere has been doing that or will be doing that. Now, obviously, my claim that I made 1 million in a month is an outrageous claim. It’s even more outrageous to claim I’ll make millions by the end of the year. 30x what I made in previous months. Cryptocurrency exchanges that hold crypto coin amounts later on in this article. I just picked a couple random stories from the internet in the links above. And around August 18th, I too joined the ranks of the crypto wealthy, or crypto millionaires.
1 million dollars RIGHT now in crypto coins — there are guys out there with hundreds of millions playing with crypto, even billions. I’m on the first step to a greater journey. Crypto has made me more money than anything else, including my websites. In just one month, I was able to make about 3 to 5 years of my monthly income in just one month. However, I was able to get to this position BECAUSE of my significant online passive income.
My passive income also gave me the TIME to focus everything on crypto the past few months, learning everything about it, and pretty much immersing myself full time. So I owe this increase in wealth to my ONLINE income which made it possible to achieve! Right now my focus is Crypto, but I am still expanding my website empire, still working on new projects that I will talk about in future posts. The difference is that I’m now going to be investing most of my website income back into crypto until the end of the year to increase my earnings even more and more.
$60 Billion USD in Crypto Value Wiped out in 24 Hours
They are created and maintained by a decentralized network of computers scattered around the world, based on complex mathematical algorithms and protected by powerful encryption. Unlike traditional currency, ANYONE can buy, store, or sell these currencies. They can be sent anywhere, regardless of borders, and you can convert them to regular currencies. The value of cryptocurrencies is determined by the global crypto market — what people are willing to pay for that crypto. Crypto is an honest currency — it’s value is WHAT other people around the world will pay for it.
The more people want it, the higher the value goes. I fully expect as cryptos go mainstream the marketcap will reach 500 Billion within a couple years, maybe even 1 trillion. Now, up until this point, the value of cryptos has been pretty speculative. Experts are still trying to figure out how cryptos should be valued. The past 7 years, the value was often speculative — not based on WHAT you could do with crypto in the real world, but a bet on what cryptos could do in the future.
However, cryptocurrency is going mainstream in a big way now and there are quite a few new crypto currencies that are in fact aiming to do disruptive things in the real world, therefore giving tangible value to those currencies beyond the simple speculative value traders have been assigning them. But to understand what cryptocurrencies are, we first have to talk about the genesis crypto. 4100 dollars — over three times the price of GOLD! Now, I don’t want to go into the technical details about how Bitcoin works. It’s complex and difficult to understand for the regular person.
But there are a couple of things to note. Bitcoin is NOT backed by governments. It’s an economic system that supersedes government control. Bitcoin is deflationary: there will only ever be 21,000,000 bitcoins. Right now, there are over 19,000,000 in circulation. Bitcoins are added to the circulating supply by Bitcoin mining. ALL computers that are on the Bitcoin network.
Bitcoin, with a focus more on the social implications of the technology. EVERY computer connected to the network supporting that crypto. Every transaction can be traced and accounted for. NO THIRD PARTY is needed to oversee transactions between two parties is what’s revolutionary about crypto and why it can be applied to so many different areas OUTSIDE of just sending money between two people.
GRAFT CryptoPay Wallet
It’s a fair system and far more efficient, not to mention significantly cheaper and faster. Now the truth is that Cryptocurrencies are a bit of the wild west right now. Most people don’t know too much about Cryptos OTHER than a brief familiarity with Bitcoin, the grandfather of all cryptocurrencies. Recently, cryptos have been getting a lot of press because Bitcoin been steadily smashing records. Again, this assumes the market does not have a serious correction, which it may well. Cryptocurrency Is Starting to Go MainstreamI don’t want to get into the technicals about crypto investing here, but rather talk about what I did.
Bitcoin is being accepted as a legit payment method around the world now. Asia really is the hotspot for crypto currency. It’s poised to revolutionize payments, banking, and a huge number of industries. In South East Asia, a major payment processing company called Omise created their own cryptocurrency that will be linked to their payment terminal machines in Thailand, Singapore, Japan, and Indonesia where they will start to accept crypto currency as a payment, which means you will be able to pay with crypto across Asia for anything.
By the end of the year in Thailand, for example, you’ll be able to pay with Crypto at Mcdonalds at every location. People often compare cryptocurrency to the Dotcom bubble of the 90’s. This is because the prices of cryptos have exploded over the past few years. 100 of Bitcoin back in 2010 would be worth something like 25 million dollars right now.
However, Bitcoin is NOT a bubble. Frankly, the world has never seen anything like it. It’s an investment opportunity, it’s a currency, it’s a store of value, it’s a revolutionary technology. Despite the exploding price of cryptocurrency, it’s still only a fraction of the monetary system of the world. Amazon is worth 3x the entire crypto supply. Gold is worth over 8 trillion and all the stocks in the world are over 60 trillion. Crypto currency is a fraction of a fraction of a percentage of the global wealth.
Those who invest into crypto are early adopters. We are the first 30 minutes of the first inning of a baseball game. Bitcoin a bubble and forecasting a crash. People call crypto a bubble waiting to crash and compare it to the 2008 crash or the dot com bubble saying that the whole thing can come tumbling down. But the 2008 crash was in the trillions and trillions. With less than 150 billion right now, crypto is just beginning and is not nearly big enough.
With less than 150 billion right now, crypto is just beginning and is not nearly big enough for a crash. Do a search for it on Google and you’ll see major investment banks now looking at it seriously. All across Asia, Bitcoin and Crypto is seeing an explosion of investment and usage. Crypto is going mainstream in a big way. That’s why I see crypto as a huge way to make money if you get in early. Everything else’ is what are altcoins.
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Invest in altcoins, the right ones, and you can make insane amounts of money. It’s painful to hear about how much Bitcoin has increased in value since 2008. Now you could invest ONLY in Bitcoin right now and just sit on your Bitcoin for a few years. 45000 they are valued at the time of this post writing. 30,000 and more over the next few years. But this may be a few years away.
Despite dips over the years, the Bitcoin trend has ONLY been going up. However, if you invest in Bitcoin, you may see double or triple over the next few years. 5000 a coin now, you can’t help but feel the train has already left. However, if you feel you’ve missed the real gains with Bitcoin, you haven’t. There’s plenty of other opportunities out there if you look at Altcoins. If you pick the right Altcoin, you can see huge returns.
2X, 5X, 10X, even 100X return! Now, it’s not necessarily easy to get these huge returns. It takes an investment on your part, a leap of faith and a hell of a lot of research to pick the RIGHT coin that has that chance. It’s these cheaper coins that have a chance to explode. I can personally verify this because I’ve made some huge returns in some of my investments. You might thing that making these ridiculous gains is pie-in-the-sky, but it happens more often that you might think. One of the best recent examples is Ethereum, the second most valuable crypto currency.
Monday, February 20, 2017
1000 over the next year if the value keeps rising. 2014 but ONLY started picking up real traction back in June. That’s how much it’s exploded in value in just 4 months. It’s gone up 40x in value in just 2 months! 11 in that same month when it exploded up. 50 that happened the beginning of August.
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I’m still kicking myself for this! There’s plenty more I could show where this happens, but I think you get the point. Now, I’m showing you a few examples of the top picks that have done very very well just the past few months to year. But there are many many other Altcoins out there that you can invest in that will see the same sort of rise. The challenge is placing the right bet on the right coin. You can buy a coin BEFORE it gets released to the public exchanges in what’s called an ICO or Initial Coin Offering. But this is very risky, though it can be hugely rewarding if you get the RIGHT ICO.
The value of good coins can increase over time, sometimes significantly. As coins get more mainstream attention and the crypto market cap increases, the value of coins goes up. Let’s now compare the Top 20 cryptocurrencies exactly ONE year ago to the Top 20 crypto currencies this month and track how much the values have gone up. If you’ve compared, you should see HUGE HUGE increases in value in just a year!
If you had invested in ANY ONE OF THESE cryptocurrencies just 1 year ago, you would have made anywhere from 10x to 100x or more at least. Where am I going with this? Simply this: if you buy the right cryptocurrencies and just HOLD them as an investment over the long term, the value will likely rise, significantly. This is the core of my investment strategy. Buy good cryptocurrencies with a solid future, ones that will grow and HOLD THEM for a year or five! This is how you can make stupid amounts of money over time. Many of the top 20 coins went up 5x from August 2016 to August 2017.
Some even went up 40x or more! But with crypto — at least right now in the current market, it IS possible. I spent a lot of time breaking down WHAT crypto is and how it works and how to make money with crypto. If crypto becomes mainstream, used along with cash, credit, debit, the market cap for crypto will be in the trillions. Now, I want to be clear here. You should NEVER EVER invest more than you can afford to lose.
There is nothing as volatile as crypto currency. You can see wild swings of 20 to 30 percent price swings in your investments. But as LONG as you hold your coins and don’t SELL when the price swings down, the value should rise back up over time. The key is NOT to panic and sell at a loss. If you do your research right and pick coins with a solid future, you can be confident if you just wait long enough, your coin values will rise. This means you can MAKE more money when the coin price increases and you are also protected from price swings. Now, to make money with cryptocurrency you have to INVEST MONEY.
It’s a risk and it’s speculation. There is a big difference between going to a casino and making a bit on a slot machine and investing into a cryptocurrency. And if you are right, you can make huge returns on your investment. How Much Money Can You Make On Your Cryptocurrency Investment? So the more you invest, the more return you can see.
eBoost Launches First eSports Token ICO | Bitcoin Chaser
But you also risk a lot more. At the end of the day, cryptocurrency is a high risk, high reward investment. But using proper research and betting on the fact that cryptocurrency is here to stay and will become more and more mainstream can see you huge returns IF this becomes reality. How I Made a Million Dollars in a MonthI’ve talked about the general strategy for how to make money with crypto currency. Now, let’s talk about what I did, which was the point of this post! I’m not going to give a trade-by-trade breakdown of exactly what I did or HOW I played the crypto game to win. That’s a lot of fucking work and a lot of detail.
This website is NOT a how to make money with crypto websites, so I don’t want to get down and dirty with the details and exact strategies. How to Make Money with Crypto’ guide in the future. But, this won’t be a hugely detailed breakdown, just an overview. First of all, I took my monthly earnings and I invested everything I saved up over the past six months. Now, I don’t want to give the wrong impression here.
100 dollars and make 1 million. What I was able to do is USE my significant online revenue stream to invest in crypto currency and make even more money than I would have just saved that money. So if I was to save every single cent of my monthly income for 3 years, I would have roughly 1 million dollars. There’s the cost of running my business, my living expenses, etc. 10,000 to be used for living expenses and business expenses. Now it could be higher or lower depending, but let’s assume this. You can see above a list of all the coins I held when I took this picture.
RIGHT NOW, as of post publish time. I’ve also switched around some of my coins through trades an investing. Now first off, for security reasons I’ve hidden some of the details. There are a LOT of phising, scams and HACKS that happen with cryptocurrency. SO it’s very very risky showing what you are worth or any personal details, as you make yourself a real target for hackers who want to steal your crypto.
I’ve moved everything around to PRIVATE hardware wallets to protect my coins. So here’s a picture of my BITCOIN exchange values. These are the exchanges where you buy and sell Bitcoin and other cryptocurrencies. You can’t fake this as the exchanges will only show your actual coins you BOUGHT and their current value. I took these last week of my Bittrex.
This is a list of my COINS held on Bittrex when I took the screenshot. 380,000 AT the time of screenshot last week. Now prices have shifted around as of RIGHT now, which is the nature of cryptocurrency. OMG, TENX, ADX, BNB, NEO, BQX, CAT. So here’s the rough amount that I’m worth. Again, it’s not an exact amount since the price of cryptos in my portfolio are changing every day. The important thing is that it’s touched over 1 million USD for the first time and the trend of these coins in my portfolio IS UP.