Disclaimer : Before investing money in cryptocurrency, make sure to do your own research as well, I am no investment advisor, just a crypto lover. Also make sure to follow the golden rule of investment, invest the amount which you can afford to lose.
Well, what is really cryptocurrency?
“Cryptocurrency is an internet-based medium of exchange that uses cryptographic functions to conduct financial transactions. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability.” The first cryptocurrency is bitcoin which emerged in 2009, using blockchain technology applications. And as a new channel of digital cash, cryptocurrencies markets have developed for small and large investors to trade and make huge money out of it.
What should you do to make millions out of cryptocurrencies?
Cryptocurrencies are like any other tradable assets like stocks, currencies, etc. That’s why many of them are trading at huge discounts with a great opportunity for investors and traders to grow wealthy. If you have some savings lying around somewhere, you would be surprised what that cash can do for you. Few Dollars can bring you fortunes. To trade cryptocurrencies, you must be familiar with some knowledge regarding various businesses, consumer supply and demand, and general economic trading. Having this knowledge will give you a massive advantage over other traders who are early adopters of cryptocurrency, cryptocurrency miners, and programmers. These traders focus on a small technological innovation that indeed helps them to earn a profit without much thought of how the currency performs outside the exchange market.
With that said, let me walk you through the very simple way and show you a hot list right now you can invest in and come out on top in 5 years or less.
The very first step is to sign up for an exchange and/or a wallet
Here is a list I would Recommend:
Create your account, deposit or transfer money into your account and start investing, do some research of course. Some of these exchanges and wallets might be a bit advance, if you need help on how to use them, how to buy or add money to them, join us on discord.
If you would like to learn more join my Discord Chat, We teach and give options and crypto signals.
I have a list of crypto that I have researched and I will post it at the end of this article... Keep Reading
If you can uncover the next bitcoin and hold it for 4–5 years then you can be a millionaire for sure.
To uncover bitcoin you need to understand bitcoin price history first. The bitcoin price history, which follows
March 2010, bitcoin price was $0.003
May 2010, bitcoin was $0.01, Laszlo Hanyecz made the first real-world transaction by buying two pizzas in Jacksonville, Florida for 10,000 BTC.
Imagine how much this would worth now.
July 2010, it was $0.08 and in just five days the price grew by 1000% to $0.8
Feb 2011, it was $1. July 2011, it was $31. Dec 2011, Then it dropped to $2
Thereafter it rose to $266 in April 2013 and dropping 60% to $100 in June 2013. Since then there have been loads of up and down, and the one who had trusted in it and held on to it for over 10 years has seen tremendous growth of over 2,000,000% from $0.003 to as high as $62,000 price of bitcoin. Bitcoin has a max supply of 21 million coins. And it is speculated that 1 Bitcoin will worth $100,000 and as high as 1,000,000 by 2025. So if you have that much patience then only you can think to get into it. But buying 1 BTC as of today and holding it for the next 5 years will be most costly and risky.
Here is a Potential list that could make you a millionaire in 5 years or less.
SHIBA INU (SHIB)
BITTORRENT (BTT)
ADA CARDANO (ADA)
KISHU INU (KISHU)
PANTHER SWAP (PANTHER)
I hope so 🙏
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