Quite simply you want to see an account grow immediately without the restraints of paying monthly subscription fees, with little experience in trading it is possible.
In this short tutorial I will show you step by step how to make your first trade, buy low and sell high, take your profit within minutes of making the trade.
Watch the video, here I go through all the steps whilst following the written pointers on this page, when you have viewed the video, read and follow/take action on the text, complete each step then repeat, I say repeat as if you are like me then at least 2 or 3 viewings and readings are needed before it begins to make sense.
What I can safely say is that if followed correctly it does work and you WILL be in PROFIT TODAY(within the next 24 hours) or possibly much sooner, 1 hour perhaps
All accounts listed within this article are FREE to join, there are NO monthly or other subscription hidden fees.
The key is to “TAKE ACTION”
Account Building (AB)
To start building your portfolio and growing it is not as difficult as you may initially believe, what you must consider is that there are minimum amount of cash needed to commence a trade or buy a coin, this does vary dependant on the coin chosen, in this case it is a minimum of approximately $25USD.
Bare in mind this is your money anyway, just in another currency and you have access to it at anytime so you can withdraw it or save it where it is making money (FREE COINS) for you, your shout.
Watching the charts and determining when a good time to buy and/or sell is, for this we would like to see a lot of movement shown on the chart.
At this moment as has been for several months there isn’t a great amount of movement, as the crypto market slows down with less activity and less volume of trading many traders move away from the more obscure altcoins and trade with the better known coins such as Bitcoin, LTC, ETH, XRP, BCH etc, these tend to have a consistently large volume of trade.
Many traders use this as a side line to their main activities, you could think of it as an executives stress relieving toy, the thing is it does work with positive results.
Follow these steps, some of which you may have already covered, for example you may already have an e-Wallet, I am however going to go through each step from start to finish, they may not apply to some but certainly to the new entrants into this powerful market place.
Buy a coin that has a very low value, these coins generally have a low volume, the ‘Base‘ currency I will use is Bitcoin (BTC) so a majority of pairing trades will have BTC as the base currency [QUOTE CURRENCY]/BTC, the objective is to increase your BTC holdings, all purchase and profits are made via your BTC wallet, if you wish to trade for example using Etherium your trading pair will be [QUOTE CURRENCY]/ETH.
Your base currency, is the currency you have, when all your positions are closed.
The coin we will first trade with basically drops to the minimum purchase level then rises from there, this happens regularly, so what is happening is the price of the coin goes as low as it can, this is determined by the limit amount of coins you can BUY, rises in value a spike, many traders SELLat this point and hence the value drops, this happens surprisingly often, expect at least currently 1 or 2 spikes per day.
Finding a low value/volume coin is easy, recognising if it actively being traded up and down as well as having longevity is another very important point.
I am using example coins that I am currently using, so that part of the equation is done for you.
Now you have a coin to trade with buy it low and sell high, this can be repeated, often more than twice a day, the excitement of trading these particular coins I am using and listing here is that they peak with regularity, there is a reasonable amount of movement.
The range in the peak can be 2% to 10% or higher, sell anywhere above 1% and you are in profit, remember any profit is a success.
The exchange we will be using for our trades does not have a commission fee appended, they as all brokers make there money by taking the spread(difference between the ASK & BUY price).
Be aware of the percentage spread when doing a trade, this will have to be calculated into your selling price to ensure you make a profit, using the coins I suggest here will cover all costs (spread) and ensure a profit if operated correctly, do not get emotional and frantically sell because of a minor dip, get in and get out as quickly as you can, remember a profit in any trade is a success.
This is where purchase and hold your Bitcoins with your fiat money, USD, GBP, Euro etc.
Although as with many e-Wallets they do have an exchange where you can trade, the limit is usually around 8 different coins.
Also it is worth noting that some e-Wallets are limited to particular countries for verification purposes, this is why it is important to use an e-Wallet provider that can be verified from your country.
Being verified means that you are not limited in the services you can use, most importantly withdrawing funds, you could find yourself in a situation where you have made a successful deposit but cannot access those fund for withdrawal purpose, I always stress the importance of getting accounts verified.
This is one of the most well known e-Wallet providers however please note that they are limited to USA and some European countries including UK for verification purposes.
Lesser known but very popular and stable, I personally started using this when I moved from the UK to the Philippines and I wanted an e-Wallet that was not limited to particular countries , indeed it is available globally for verification purposes.
I have specifically chosen these two e-Wallet providers as BTC purchases are immediate using a debit or credit card, bank wires can also be activated.
Now you have your e-Wallet setup and verified with a positive balance of Bitcoin (BTC), get the exchange setup and transfer your BTC from your e-Wallet to the BTC exchange wallet.
The signup link is at the
top right of the page
The Coins to Trade
Now you have the COBINHOOD exchange activated you will see that they have their own coin COB, this will be the coin we will firstly trade with, the trading pair is COB/BTC. You should go to your profile settings and ensure that the switch to pay fees using COB is ON.
Now DO NOT be to hasty and BUYCOBimmediately, as long as you have available BTC in your exchange wallet ready to BUYCOB coins that is all you need at this moment.
Put in an order to BUY when a specific price is met, this is a LIMIT order, so DO NOTBUY at the current MARKET price.
“OK but what LIMIT price should I put in?” You do need a bit of experience to determine this, it is about reading the information and graphs. The first place to be looking is the order book for this coin, you will see it is listed in a ladder format in a column to to right of the graph, here you will see the BUY & SELL orders that have been made, when the are successfully placed they will drop of this list, that is all determined by the brokers on the exchange you are using.
The BUY orders at the top of the BUYORDER column is a good indication of what price to set your LIMIT ORDER at.
Here is a screenshot of the Order Book in the COBINHOOD exchange, the arrow points at someones BUY order indicating the BUY LIMIT price you could use.
“Now let me show you a visual explanation of an actual trade I have started using the pair COB/BTC as described above.”
Part 1 – The Trades
Part 2 – The Results
“I made several deals as you know from the first video, one of these deals closed with a 10% profit within minutes.
I entered into a new deal with a Limit placed to BUY more COB, this is compounding my earnings, now just waiting for other deals to close.
Oh yes I have already successfully purchased some other coins, I’ll continue to BUY & SELL and when the BTC balance has doubled I will withdraw half of the profits to SPEND“
Same Exchange Try Other Coins
It may take a few readings and watching of videos but when you see it working it is not difficult at all, “well done”
I am only suggesting you try these coins, they do work for me at this moment and I am regularly searching for new coins to work with, you could look at the following, I trade a few hundred USD after my initial trade or tester for $20 to $30USD dependant on any minimum limits imposed.
COB/BTC (if you followed this trade should be active)
Trading COB/CMT is another pair that is popular on this site. If you feel inclined to try trading and combining other pairs try this pair first.
Other better known pairs include:
These are however higher in value but the trading volume is regularly high.
Remember this is very much a numbers game, fortunately these days we have many informative charts displaying this data, the charts do not predict the future as they need source data from what has happened to display a possible indication of where the market is heading.
View and study charts and look out for patterns, view the charts over a long period such as a year, this way you can see the general trend of a given market, if it is steadily going up or down with spikes and activity between each marked movement.
Bookmark this page for your reference and if you have any questions please contact me. A good thing to do would be to subscribe to my youtube channel and also search for other TIP’s given out by fellow traders and subscribe to their channel(s).
Join the Telegram channel for TRADING TIPS, My Current Trading SIGNALS and YOUR suggestions.
Ripple (XRP) is one of the many crypto currencies available, there are over 1500 crypto coins in use.
Ripple positions itself as a complement to, rather than a competitor with Bitcoin. Their site has a page dedicated to Ripple for bitcoiners. Ripple is a distributed network, which means transactions occur immediately across the network – and as it is peer to peer – the network is resilient to systemic risk. Ripples aren’t mined – unlike bitcoin and its peers – but each transaction destroys a small amount of XRP, which adds a deflationary measure into the system. There are 100 billion XRP at present.
Released in 2012, Ripple purports to enable secure, instantly and nearly free global financial transactions of any size with no charge-backs.
Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology with American Banker explaining that “from banks’ perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like Bitcoin.”
To purchase Ripple (XRP) and other crypto currencies an exchange is required, there are several available however I find the application user interface and general ease of use and understanding of the Binance Exchange suits me. I have recently added BitMEX Exchange as this offers a trading strategy that has recently been introduce to the trading platform I personally use. To learn more please contact me directly via the ‘Contact Us’ page found on the menu bar at the top of this page.
The first step is to have an e-Wallet where Bitcoins can be purchased and stored, in this example for ease of use I am using CEX.IO.
When you have Bitcoin (BTC) or part thereof, send your chosen amount to the exchange, from the exchange trade your BTC for XRP and/or your preferred currency(s).
I am using Ripple (XRP) coin as an example as this is currently one of the most popular ICO to enter the market, so much so that XRP can be purchased directly within the CEX.IO e-Wallet and crypto service providers exchange. The exchange trading facility is limited to about the top 10 crypto currencies.
Ripple (XRP) is a coin to follow, their peer to peer trading has large businesses considering accepting them as a form of purchase within their trading networks. This would put them in a similar position to Bitcoin and a few other crypto currencies that are now accepted as a popular payment method for goods world-wide..
The Binance Trading Exchange is the trading platform I use when linking via API to a dedicated trading BOT.
Many exchanges don’t offer more than 20 or so coins, Binance offers hundreds and focuses on hosting newer alt coins before other exchanges so often the cheapest place to buy certain cryptocurrencies anywhere online is on Binance
One of the biggest draws to BINANCE are the super cheap transaction fees.
Oct 2018 I am evaluating another platform & I see this as my new favored cypto trading BOT that connects via API with BINANCE. A particular trading BOT I am using automatically pre-selects 17 crypto currencies for you, this list you can edit at any time and is NOT restricted to 17. In addition to extensive ongoing training I am offering you the opportunity to smart trade with not only my bots but with access to additional signals on what coins to trade now with buy & sell limits. Foreign to you? well let me tell you, the trading platform does it all for you, no need to understand the graphs etc.
The pre-selected currencies are the most profitable and popular crypto currencies at the time of selection, this is worthy of noting to maximise your potential earnings.
THE MOST INNOVATIVE CRYPTO TRADING PLATFORM ON THE MARKET
3Commas is a software platform which specialises in automated cryptocurrency trading.
Regardless if you are a newbie or veteran to crypto trading this system has your requirements.
They improve the performance of your trades by giving you access to their systems: automatic and semi-automatic instant trading.
There are 3 entry levels and each is paid for monthlyNOTan annual subscription fee,.
Get started with as little as $29 per month, I personally went for the $100 top pro account, this does it all, to top it all you get a 3 day FREETRIAL, regardless of which level you first subscribe to.
NO trading amount limitations
NO upgrade requirements
24/7 Trading – profits do change depending on market activity, an overall guideline is 2% profit daily, however crypto coins can and have increased in value by 60% to 1400% within minutes, no need to explain the benefits of ‘Smart Trading’ on autopilot while you sleep
cypto trading BOTS that connect via API with exchanges such as BINANCE
Earn regardless of market conditions
Set buy & sell limits at the same time
Smart Trade tool adjusts your set limits to increase your profits, the tool will buy or sell if the movement price continues beyond your preset limit and buy/sell when the value trend reverses, in short the program will optimise your profit. This is an exciting tool to have in your armoury, watch the training about this, it will blow you away.
50% monthly affiliate resell commissions, introduce two active members and you have a FREE system.
Full account summary showing profit made on each trade across multiple exchanges all accounted for using one user friendly interface + more…
I have a special promo offer of a 10% discount for the first purchase of subscription, updated regular training webinars(recordings available), you will also be introduced to a program that gives out signals of the latest best trading crypto deal including buy and sell limits.
Promo code SKP is the same as the sponsor registration name, to ensure you recieve top promo discounts and offers enter promo code SKP in text box below [Password confirmation] text box on 3Commas registration form.
For additional details contact me directly via email using the email link button.
This 3 STEP approach to building your Bitcoin portfolio is aimed at anyone who can afford a minimal amount of time and effort, you don’t need to be an expert or technically minded to make this work for you.
This is a wonderful concept to promote, that is optional you still earn, as there is NO EXCUSE for not taking part, it requires NO financing to EARN, provides a solution to ensuring all Bitcoins rewarded can be transferred into your bank account and to top it off an introduction to how you can scale up.
We are starting here for a good reason, you WILL earn Bitcoin for FREE and therefore you need to ensure that you can access your earnings and transfer it to spendable cash in your bank.
Open an account with CEX.IO. This gives you an e-Wallet and you can easily Buy/Sell BTC via bank-wire or bank-card. This option is available globally with the exception of a few countries unlike many other providers who are limited to USA, Canada, UK & some European countries.
Link your Visa card and payments can be transferred from Bitcoin directly into your card in your local fiat currency (Euro, GBP , USD etc..), payments can also be made directly into your bank account.
Mastercard (USA only)& Visa card (globally), these can be linked and YES I am referring to your bank cards NOT a 3rd party debit card.
This is how you can earn Bitcoins for FREE using a Self Mining program.
Use the power of your PC processing unit’s (CPU/GPU) to do what they do best, COMPUTING.
Now you have available Bitcoins take your business to the next level with crypto-currencies.
All you NEED | Bitcoin Wealth FREE
Download ‘GROWBIT 3 STEPS to FREE Bitcoin Wealth’ friendly version for sharing.
Before I explain the system in further detail I would like to share with you my LIVE Video as proof that a successful withdrawal of earnings has been made.
I am especially excited to announce that COMPUTTA have reduced the withdrawal limit.
Your Bitcoin Self-Mining Platform
Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the blockchain, also the means through which new bitcoin are released. Anyone with access to the internet and suitable hardware (64bitprocessor running windows 64bit version on your PC and/or Laptop is all you require) can participate in this self mining software.
“If you cannot run this self mining software as you don’t have the processing power, no problem, you can still earn by referring & sharing with others.”
Computta.com is a first of a kind service created by cryptocurrency professionals to enable anyone and everyone’s computer to make digital money for their owners.
It is the first service which provides simple two-click cryptocurrency mining application available for anyone to use on any computer. This means that ANYONE with a computer can register, download our super-simple smart mining utility and start generating cryptocurrency on their computers – all within 3 minutes flat.
You do not need any tech skills at all, besides being able to power on your computer and click your mouse.
Computta Smart Miner and our server-side software algorithms will do everything in the background for you.
Your earnings will be converted and stored in Bitcoin – the most popular and most reliable cryptocurrency. We will also use the current exchange rates to show you your earnings in USD for convenience.
The app asks now to restart Benchmark if the new app version may potentially increase earnings (this step can be skipped by a user)
The app working in tray now pops up when you run it from the Windows Start menu or Desktop shortcut
CPU miner may improve its results on CPUs with 4 and more cores (benchmark restart is needed)
In rare cases some benchmark step may cause computer hang or reboot. We now track this and ask if the user wants to skip this benchmark step on the next run.
benchmark time reduced 15%-20%
Bugs Found and Fixed
fixed ‘White Computta window’ problem. Happened in some cases when connecting via TeamViewer or when running GPU benchmark.
fixed CryptoNight AMD miner: low and mid-range AMD GPUs can now mine
fixed app’s autostart problem when installing to a non-default directory
a number of minor network efficiency and app UI issues
AS WE SEE IT COMPUTTA MEANS
Optimize Your COMPUTTA Self Mining Software
The unique PC application will enable your computer to make digital money for you on complete autopilot, all you need to do is ensure it is running on your PC and other devices. Check your hidden icons on the windows taskbar to see it working.
The unique Affiliate Program makes it easy for you to increase your passive earnings 50X.
– 5 Tier affiliate program – 100% passive income for you – Very solid commissions structure – Product that is super easy to “sell” – Affiliate achievement rewards – Earnings only increase over time – 2 click setup and your up and earning
WHERE DID COMPUTTA APP GO AFTER INSTALL?
Some users reported that they cannot find the app after they installed it.
The Computta Smart Miner application after a successful install starts on Windows start and then sits in the system tray in the bottom right corner.
The tray icon is a blue cloud with 2 small connected computers in it.
When you click on the blue cloud icon in the system tray the app main screen will open up and you will see your stats and can tweak settings.
You can also find the icon in the ‘Show hidden icons’ area found on the right of the taskbar.
NEW from version 0.85 and upwards The app working in tray now pops up when you run it from the Windows Start menu or Desktop shortcut
“This Faucet has a wealth of information to guide you through claiming free Bitcoins“
What is a faucet?
A faucet is a website or app that dispenses rewards in the form of small fractions of a cryptocurrency for visitors to claim. These rewards are dispensed at various predetermined intervals of time ranging from one minute up to 10 hours. Rewards can be claimed by either completing a “captcha” or task as described by the website. While there are faucets that dispense Dogecoins, Ethereum, Litecoins and other cryptocurrencies, most faucets dispense Bitcoins. To be precise, Bitcoin faucets dispense a number of Satoshi’s, the smallest fraction of a Bitcoin. One Bitcoin equals 100,000,000 Satoshi’s.
How does it work?
Rewards are in place to attract visitors to the faucet’s web page. These faucet sites usually contain advertisements. Advertisers pay the faucet owner to display these ads on his or her site. Advertising costs are calculated on a “cost per thousand” impressions basis. If the site gets more visitors and if each visitor spends more time on the site, the site owner gets more money from displayed ads.
Faucets also play an important role in the Bitcoin ecosystem. It encourages more people to understand and adopt Bitcoin as a preferred currency.
Who uses Bitcoin faucets?
If you understand Bitcoin and how it works, then you will quickly realise that the Bitcoin units (Satoshi’s) given away by faucets is of negligible value. You wouldn’t want to spend much time claiming these small rewards. The majority of visitors who use these faucets and claim rewards from them are beginners still learning about Bitcoin or minors who cannot do transactions legally on any of the Bitcoin exchanges.
How to use Bitcoin faucets?
Using a Bitcoin faucet is very simple. Once you visit the faucet web page, you have to enter your Bitcoin wallet address or the email id associated with your FaucetBox account and hit “enter”. A timer will start counting the amount of time you spend on the site. Once you spend a certain amount of time on the site, you can claim your reward by clicking the “Claim Now” or similar button. You will have to prove that you are a human by filling in a Captcha or by solving a simple mathematical problem. This prevents any automated script from claiming rewards at regular intervals. That’s all there is to it. You have claimed your first reward and it will be credited either immediately or on a designated weekly payout day to your wallet.
Typically, faucets have a minimum time interval limit between claims by each visitor to prevent one person from claiming all the available Bitcoins from the faucet’s wallet. This duration varies from 1 minute to 10 hours, depending upon the faucet.
The business model of Bitcoin faucets is to get advertisement revenue from banner ads and distribute only a portion of that money to users. A time limit is imposed between payouts to stop bots, human CAPTCHA solvers in third world countries, or avid users performing repeated withdrawals.
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When investing your hard earned cash there are several considerations to be made. As a basic rule of thumb, if anything claims to have a high return it is high risk and if it sounds to good to be true, IT IS.
I also favour & often quote“never make an assumption”
Many people confuse the terms used, such as HYIP, Ponzi & Pyramid scheme’s, thus incorrectly assume that a particular program or opportunity is to be labelled as one of these schemes.
The term ‘Pyramid Scheme’ is often incorrectly used, it is more correctly to be used when making a referral to HYIP and/or Ponzi.
Although some businesses appear to fit into one of the above categories that assumption may not be the case.
The confusion is largely escalated by the mis-interpretation of their associated meanings, so firstly I will quote text explaining the correct interpretations of these schemes.
What is a HYIP & Ponzi scheme?
A high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises unsustainably high return on investment by paying previous investors with the money invested by new investors. Most of these scams work from anonymous offshore bases which make them hard to track down.
Operators generally set up a website offering an “investment program” which promises very high returns, such as 1% per day (3778% APY when returns are compounded every day), disclosing little or no detail about the underlying management, location, or other aspects of how money is to be invested. The U.S. Securities and Exchange Commission (SEC) has said that “these fraudulent schemes involve the purported issuance, trading, or use of so-called ‘prime’ bank, ‘prime’ European bank or ‘prime’ world bank financial instruments, or other ‘high yield investment programs.’ (HYIP’s) The fraud artists … seek to mislead investors by suggesting that well regarded and financially sound institutions participate in these bogus programs.
A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.
Ponzi schemes occasionally begin as legitimate businesses, until the business fails to achieve the returns expected. The business becomes a Ponzi scheme if it then continues under fraudulent terms. Whatever the initial situation, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.
Typically, extraordinary returns are promised on the original investment and vague verbal constructions such as “hedge futures trading”, “high-yield investment programs”, or “offshore investment” might be used. The promoter sells shares to investors by taking advantage of a lack of investor knowledge or competence, or using claims of a proprietary investment strategy which must be kept secret to ensure a competitive edge.
Ponzi schemes sometimes commence operations as legitimate investment vehicles, such as hedge funds. For example, a hedge fund can degenerate into a Ponzi scheme if it unexpectedly loses money (or simply fails to legitimately earn the returns promised and/or thought to be expected) and if the promoters, instead of admitting their failure to meet expectations, fabricate false returns and (if necessary) produce fraudulent audit reports.
Accreditation & Links
This information incorporates extracts from ‘WIKEPEDIA‘.
Many goods and services we purchase originate from foreign countries, consideration for associated exchange rates and banking fees do not usually enter our minds.
When a larger purchase, for example a holiday property on the ‘Riviera’, much time and consideration of the financial implications, accounting for associated exchange rates and other fees become a major concern.
Fluctuating Exchange Rate
A small fluctuation in the Exchange Rate can make an extensive difference to your costing’s. Even a 0.5% difference on a property purchase of say £200,000.00 equates to an additional cost of £1000,00.00. Then there are the associate transfer fees to take into account, this could be a one-off fixed fee plus an additional percentage of the overall transaction.
I here you say, “well it is not likely that I will be involved with such a large purchase, and if so it would not be an everyday occurrence”.
Now consider a typical smaller purchase of £2,000.00 or £10,000.00
In this textual & visual explanation I will consider that I am addressing on-line marketers and typically many transactions default to the ‘$’ USD
Obviously if your local currency is the euro € little of the given examples will apply.
I do suggest that a knowledge of the content is taken on-board as this applies to foreign currency exchange(s) regardless of the currency used & as mentioned previously, many business transfers default to using the USD $.
Wire Transfer .vs. Credit Card
In addition, consideration to the methods of transfer should be taken into account, namely a purchase made using a Credit/Debit Card .vs.Wire or Direct Bank Transfer.
Although a Wire Transfer is not as fast as a Card purchase, typically TEN working days for a wire/bank transfer, it may often be the case that a wire transfer is the preferable choice. This is solely down to associated computations and your personal preferences.
Suggested Action Plan
Of course you can transfer currencies with your bank, however their exchange rates & associated fees generally incur a higher expense than an individual needs to pay. It is not only the reserve of the Corporate and/or City Trader to employ alternative resources for this action.
It is often construed that Currency Trading is exclusively for the professional, however the very same tools are available to the average ‘Joe’ on the street.
Even if you wish to transfer monies to a friends bank abroad the process of doing so is ‘Currency Trading’, so in effect you are a ‘Trader’
The Smart Trader
Although I am British much of my time is spent living in Spain, effectively I largely distribute my time both in the UK and property in Spain.
As a consequence I not only have bank accounts in the UK but also in Spain.
The transfer of funds from one currency to another, in this case British Pound Sterling (£) to Euro (€) & on occasion vice versa.
To accommodate active transfers I have used the services of UKForexfor many years. They offer transfer at the most favourable current exchange rate and competitive transfer fees, indeed there is NO transfer fee when monies transferred exceed a pre arranged amount, at time of publishing this article it is £3,000.
Whichever currency you use and whatever country you currently live the UKForex link will direct you to the correct Forex web-site for your region.