Hello everyone!
Before we start I want to introduce myself and tell you why I decided to create this course. First of all, it is necessary to note that I have 10 years of experience in online marketing, cryptocurrency trading, and app development. And I see that there is a huge demand for crypto investing tutorials and many people pay money for the crypto themed courses. That is wrong, and it is not sustainable.
I'm sure hat such king of info should be shared free and instead of paying for the courses you need to invest your funds in crypto project for making money. That is why I have decided to create this course which explains step by step what are cryptos, ICOs, and what are the best ways to earn money from bitcoin, alt-coins and ICO investing.
Okeydokey, now let's get a closer look at the cryptocurrency space. Roughly speaking, the world of crypto-currencies can be divided into two parts, directly crypto-currencies themselves (or coins) and ICOs (Initial Coin Offering). Let's look at both of these parts.
If you go to the coinmarketcap.com website, you will get a full picture of crypto market situation. We see market cap is close to 220 billion dollars and BTC Dominance is 52 percent.
And you can see there are more than 100 different coins on the crypto market. To make it easier for you, you can perceive crypto-currencies as ordinary currencies that are relevant to the digital market. In physical world, every country has its own currency, and in the digital world there are thousands of such digital countries with their own currencies.
On the site you can get the following information about each crypto currency: current market price, price fluctuation for the last 24 hours, currency circulating supply. By clicking on the heading Price Graph you can see the price fluctuation for long periods of time.
Coinmarketcap is not the only one website which you can use for crypto trading. As for me, I prefer to use coinwatch.com as it provides such up-to-date info as price changes for one hour — this is a very important indicator for full-time day traders.
So, I hope that the word "crypto currency" doesn’t make you make you feel tired or dizzy and we can go to the second part of the topic -- ICOs.
ICO (an Initial Coin Offering) is a fundraising mechanism in which new projects sell their crypto tokens (coins) to investors for raising funds for the development of the project. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. How can we make money with ICO? If the project you have invested in is successful, the cost of its tokens will increase and, accordingly, you will get rich. Briefly, it works like this:
So, you should be able to spot your ‘fruit company’ among the hundreds of ICOs. It's no secret that many ICOs are pure water scams, so the question of ICO selecting is almost the most important in the investment process.
On the table below you can see what RIO ( Return on Investment) was received by the people who had invested at the start of some ICOs:
In the next post, we will talk about the main strategies for ICO- and cryptocurrency investing.
And now I want to share with you my main principles of investment:
As I have mentioned above, tomorrow, I will tell you about the three main strategies of ICO and crypto investing, so that subscribe to my blog to avoid missing the following posts.
Before we start I want to introduce myself and tell you why I decided to create this course. First of all, it is necessary to note that I have 10 years of experience in online marketing, cryptocurrency trading, and app development. And I see that there is a huge demand for crypto investing tutorials and many people pay money for the crypto themed courses. That is wrong, and it is not sustainable.
I'm sure hat such king of info should be shared free and instead of paying for the courses you need to invest your funds in crypto project for making money. That is why I have decided to create this course which explains step by step what are cryptos, ICOs, and what are the best ways to earn money from bitcoin, alt-coins and ICO investing.
Okeydokey, now let's get a closer look at the cryptocurrency space. Roughly speaking, the world of crypto-currencies can be divided into two parts, directly crypto-currencies themselves (or coins) and ICOs (Initial Coin Offering). Let's look at both of these parts.
If you go to the coinmarketcap.com website, you will get a full picture of crypto market situation. We see market cap is close to 220 billion dollars and BTC Dominance is 52 percent.
And you can see there are more than 100 different coins on the crypto market. To make it easier for you, you can perceive crypto-currencies as ordinary currencies that are relevant to the digital market. In physical world, every country has its own currency, and in the digital world there are thousands of such digital countries with their own currencies.
On the site you can get the following information about each crypto currency: current market price, price fluctuation for the last 24 hours, currency circulating supply. By clicking on the heading Price Graph you can see the price fluctuation for long periods of time.
Coinmarketcap is not the only one website which you can use for crypto trading. As for me, I prefer to use coinwatch.com as it provides such up-to-date info as price changes for one hour — this is a very important indicator for full-time day traders.
So, I hope that the word "crypto currency" doesn’t make you make you feel tired or dizzy and we can go to the second part of the topic -- ICOs.
ICO (an Initial Coin Offering) is a fundraising mechanism in which new projects sell their crypto tokens (coins) to investors for raising funds for the development of the project. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company. How can we make money with ICO? If the project you have invested in is successful, the cost of its tokens will increase and, accordingly, you will get rich. Briefly, it works like this:
So, you should be able to spot your ‘fruit company’ among the hundreds of ICOs. It's no secret that many ICOs are pure water scams, so the question of ICO selecting is almost the most important in the investment process.
On the table below you can see what RIO ( Return on Investment) was received by the people who had invested at the start of some ICOs:
In the next post, we will talk about the main strategies for ICO- and cryptocurrency investing.
And now I want to share with you my main principles of investment:
- Invest money that you can afford to lose.
- Invest your return in new coins and ICOs.
- Think long term.
As I have mentioned above, tomorrow, I will tell you about the three main strategies of ICO and crypto investing, so that subscribe to my blog to avoid missing the following posts.
But keep in mind that it’s not worth to hold the coin for a long time, since the price increase is always a short term phenomenon in this case. Just a reminder, we are talking about short-term investing.
Important Tip: Given the riskiness of short-term trading, I recommend to all novices to get some trading experience in make-believe mode . You can move on to real-money investments when your “fake” investments bring “fake” profits.
