HOW TO MAKE MONEY WITH BITCOIN AND CRYPTOCURRENCY
PROFITING FROM THE CRYPTOCURRENCY BOOM
Beyond buying and selling bitcoins and other cryptocurrencies, there are several ways to create wealth and make money in the cryptocurrency space. This blog post explores the value chain anyone can be part of and still profit from the boom. Enjoy.
1. BITCOIN / FIAT TRADING: For instance if you are in the United States or U.K you can trade bitcoin for dollars, euros or naira and make gain, you can make gains by buying low and selling high.
You can serve as a middle man in a peer to peer market plan; e.g when someone places a bid to buy $10,000 worth of bitcoin at 350 per dollar. I can now decide to sell at $12000. You can also create wealth in this platform via bitcoin/fiat trade.
2. AIRDROPS; These are like free bounties or a new coin or about to launch coin distributes. What they normally do is to try to gain grounds on the market. For instance, a company may like to distribute 1million coins for free. These coins may get to a thousand people, 10,000 or 100,000 people. Now, each of them may have 10 coins or 100 coins or 500 coins or 1000 coins being distributed, also note that this is being done on a random basis, so you don’t determine the exact amount of coins you gonna get.
Once you get this airdrops you can take them to differrnt exchanges and sell off to get bitcoin or ethereum, also note that there are procedures to undergo before you can get this airdrops. For instance, TRX known as TRON came out as an airdrop and many made money via it. You can make as high as $2000, $5000, $10,000 or more if you are serious with these airdrops. I call it the Free money aspect in cryptocurrency.
3. MASTERNODES AND STAKING: In a lay man term I am going to explain what Masternodes are all about.
MASTERNODES are like fixed deposit in bank accounts, for instance the first Masternodes is called Dash.
Masternodes are like me having a coin staking and this coin community wants me to hold its coin in a certain wallet to guarantee this coins security, thereby making me a community or node owner and I get reward for holding this coins daily. Because I am helping to hold this coins in the nodes online and perform transactions and helping its community, for instance if you are Masternodes owner you hold certain amount of coins like 1000 coins or more , you get like 10 coins of the coin you are holding per day. It means in 60 Days you are holding like 600 coins. This receiving bonus of the stake you made is what really matters a lot not even the price. It’s a kind of governance system in the crypto currency space, DASH is one of the top 10 coins in the crypto currency space, it was a successful project, very fast and has a good technology. There are a lot of masternodes coins, more than 300 in number that are masternode coins as at today of writing this.
STAKING: You can have something in which you run your system(computer) 24/7 on a steady basis to host the coin network, this makes you to host the coins network, you are thereby rewarded with the coin for performing this tasks of yours.
People who bought dash Masternodes at $8, as at the time of making this video dash was sitting at $1200, imagine those who bought dash then at $8 they are now multi millionaires,
4. BITCOIN MINING; There are lot of programs that claim that they mine bitcoin, please you have to be careful of them because most of them are fake and don’t give any rewards as the claim, well am not going to mention names. Mining is one of the biggest industries in bitcoin space. It makes use of super power computers to mine it in large farms where they have energies and make use of mining chips. People mine ethereum, litecoin and other coin with their laptops and desktops. Well, before you go into mining, you need to calculate the cost and check the rewards, I prefer Masternodes over mining
5. INITIAL COIN OFFERINGS( ICOS): What IPOs did to banks and is in companies is what ico is to crypto currency space, Every economy is going to be tokenized, for instance ethereum came out as an ico, ETHEREUM for Instance is the 2nd largest coin in the crypto currency space, came up as an ico, asked for contribution and got full support. I may have a project or an idea I want to disrupt in the cryptocurrency space but I don’t have the complete funds to undergo my project, I can decide to go into an ico in which I can be able to receive funds. Well not all icos you should buy, there are icos in which I bought and made 10x gain..(10 times of the price gain) for instance fron $0.01 and later I sold it at $1.
There are some after the launch they make like 30 -50%, Now in icos you get there tokens in advance for the amount of bitcoins or ethereum or amount in dollars you paid for before they launch, but you got to be careful and watvh out for fake iicos. This decentralized system is disruptive, you wont understand now until you are a part of it.
|IFEANYI EZENWOGENE, C.E.O CRYPTO FORTUNES|
BRIEF ABOUT CRYPTO FORTUNE
Cryptofortune is the leading platform for Blockchain and Bitcoin education in Nigeria , Focused on education of the Blockchain economy, crypto currency trading in Nigeria, africa and the world to make sure people can learn and profit from this space/industry. This company has flood knowledge on the disruption of Blockchain technology and how it will change the entire world.
Cypto fortune was founded in January 2017 with the purpose of educating people on the potentials of Blockchain technology and crypto currency and ways in which one can profit from it. The company has membership presence in more than 10 nations Such as #canada , #Caribbean, Lesotho, south Africa, India, Switzerland, UK, Cameron, #australia and so many others just to mention but a few because of the desire in which people are yearning to learn more about crypto currency in a simplified way backed up by proven results and testimonials. The Founder a renowned Blockchain and crypto enthusiast, well experienced in crypto currency trading and has trained more than 500 persons in Blockchain and crypto currency trading who trade and profit from 200$ to 10,000$ daily
We host online events via zoom, webinar and live steaming sessions via different social media platforms and offline Events to bring people together educating them on how to leverage and maximize opportunities in this Blockchain space. To know more whatsApp me +2347057785083 OR HERE
6. AFFLIATE/NETWORK MARKETING PROGRAMS: well, I have been into many in the past, well but I can’t recommend any for you now. The one I am still part of is still a paying platform, for instance my online hub in which people learn about crypto, you can earn bitcoin if you refer someone to our hub to learn crypto, you get a certain percentage.
7. ACCEPTING BITCOIN AND CRYPTO AS PAYMENT FOR YOUR SERVICES AND PRODUCTS:
You can accept crypto as mode of payment in bars, restaurant, supermarket, online stores etc.
You can also collect crypto for your music album, shows and performances
8. PROVIDING TECHNICAL SERVICE AND PRODUCT TO THE MARKET
You can create wealth via this aspects listed below
Exchange and Trading Platforms
Crypto hedge Funds and Investment companies
Education and mentorship business covering bitcoin, crypto and blockchain technology.
9. CRYPTO CURRENCY TRADING AND INVESTMENT
SHORT TERM TRADING
LONG TERM TRADING