Are You Earning Money Trading Crypto Currency Yet?

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Bitcoin and Crypto Currency

Are You Earning Money Trading Crypto Currency Yet?

Let’s Start With A Friendly Warning That Comes Straight From My Heart

If you are considering undertaking any kind of trading activity, Crypto or otherwise, as a means to earn enough money to cover your bills – please don’t. Get a second or third job, try to save a but on the side, and if your partner (if you have one) is also onboard with you giving this a try, be smart and go in with both eyes open.

How to Start Trading Bitcoin

Where to buy bitcoin.  The first thing you need to get started trading bitcoin is to open a bitcoin wallet. If you do not have a bitcoin wallet then you can open one at the biggest wallet called coinbase.  We have arranged a special deal for everyone wanting to get started in bitcoin to get a free $10 at coinbase.  Get your free $10 by opening your coinbase account here..

Bitcoin traders are actively seeking the best possible solutions for trading and investing in bitcoin. We have learned this bitcoin wisdom by trial and error and we are going to show you what is working right now.  Also please note that it is possible to lose money and your capital is at risk while trading cryptocurrency because it is still trading and speculative in nature. That is why we always recommend that you demo trade before risking any live money.

Please note that none of this is investment advice. Invest at your own risk!

Nine Rules of Crypto Trading

  1. Only invest what you can lose. Logical right? What kind of crazy person would “bet the house”, even when it’s a sure thing? You’d be surprised. If you think you know yourself, think again.
  2. Always pay attention to Bitcoin. Most altcoins (every cryptocurrency except Bitcoin) are pegged as closely to Bitcoin as are Siamese Twins are to each other. This is importan if you are using Bitcoins to buy altcoins.
  3. Never put all your eggs in one basket. Diversify. It’s the same in any asset class. Whether you’re investing in Real Estate, Stocks, Bonds, Currencies, Metals etc., conventional Investment Theory as taught in Universities and Colleages around the globe says that there is an efficient frontier of investments that creates the best “balanced portfolio”. Taking it one step further, it’s important to diversify within an asset class, as well as across asset classes.
  4. Don’t be greedy. No one ever lost money taking a profit. There’s an old saying that I was once taught by a Floor Trader on the NYSE. In times of market turmoil, he would remain focused and as cool as a cumcumber. One of his favourite sayings and he had many, was “Bulls and Bears live to fight another day. Only PIGS get slaughtered”.
  5. Don’t invest blindly. There are people in this world who would sell a blind person a pair of glasses if they could make money. We can all accept market risk. It goes with the territory. Some investments or trades we make will be winners. Some will be losers. Fact! However, what we can’t afford to have happened is that we lose our hard-earned capital at the hands of a scammer, someone whose only intent is to steal your money. Sadly there are those that set out to steal your money illegally, but equally and more often, legitimate businesses steal your money legally but getting you to sign legal forms etc., and then charging you fees or selling you services that you don’t need.
  6. Don’t fall prey to FOMO (fear of missing out). This is a spot that people most frequently lose money on.
  7. Categorize your investments and look at the long picture. In the process of your research, you’ll eventually realize you’re coming across a few different categories of coins.
  8. Always learn from your mistakes. Never accept a total loss. Always evaluate the situation and try to figure out why it happened.
  9. If you are doing any active trading, set stop losses. For any coins not in your medium or long-term holds, always set stop losses.

Fees

Each exchange offers different commission rates and fee structures. As a day trader making a high volume of trades, just a marginal difference in rates can seriously cut into profits. There are three main fees to compare:

Exchange fees – This is how much you’ll be charged to use their cryptocurrency software. What currency and coins you’re trading can influence the rate.

Trade fees – This is how much you’ll be charged to trade between currencies on their exchange. A marker fee is a cost of making an offer to sell. A taker fee is a cost of taking an offer from somebody.

Deposit & Withdrawal fees – This is how much you’ll be charged when you want to deposit and withdraw money from the exchange. You’ll often find it’s cheaper to deposit your funds. Also, keep in mind some exchanges don’t allow credit cards. Using debit/credit will usually come with a 3.99% charge, a bank account will usually incur a 1.5% charge.

Cryptocurrency trading strategy

Where can I open a bitcoin account? Just like other assets classes (stocks, bonds, currencies, metals etc.), online crypto trading programs enable you to go long or short to take advantage of price movements in either direction, opening up a world of possibilities. And a trading strategy is a great way of making the most of those possibilities – helping you identify worthwhile opportunities, and enter and exit trades at the right moment. What is the best bitcoin trading platform?

Here’s an introduction to some popular cryptocurrency trading strategies courtesy of one of the most well knows Brokers in the market today, IG Group Limited from the UK:

Day Trading

Day Trading

Scalping

Scalping

Trend Trading

Trend Trading

Swing Trading

Swing Trading

Position Trading

Position Trading

A Final Word On Brokers

This isn’t a decision to take lightly. Do the maths, read reviews and trial the exchange and software first. Coinbase is widely regarded as one of the most trusted exchanges, but trading cryptocurrency on Bittrex is also a sensible choice. CEX.IO, Coinmama, Kraken and Bitstamp are other popular options.

Be disciplined

Try to remain disciplined when trading cryptocurrencies, by only placing trades that are in line with your trading plan. This will help avoid common pitfalls that arise when emotion affects your decision making – such as chasing losses or getting overconfident from a winning trade.

What’s important is that you focus on the quality of your trades, rather than the quantity.

To your success!

Jim

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Blockchain chains

CryptoWorld Network things you should know

Who is the new Kid on the Block?


CryptoWorld Network

A new launch of the Crypto World Network and if someone is inviting you to join do it. There is a 7 Day Free Trial you can have a look around at what it has to offer. 

I will give you an honest review as I can talk from the inside of the program. I have joined the 7 Day free trial, as I am already a member since 2015 for the sister company Global Money Line. If you plan to jump on the wagon of Cryptocurrency than try it out.

CryptoWorld Network

A Short intro on the Background of the company

CryptoWorld Network is a sister company of the Global Money Line Program. 

 Global Money Line Program is a great Program when you start out with the Internet Business. GlobalMoneyLine helps you to build your List. Remember the Money is in the List. 

Registered in November 2017. Info about the company from Whois

Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Street: 14455 N. Hayden Road
Registrant City: Scottsdale
Registrant State/Province: Arizona
Registrant Postal Code: 85260
Registrant Country: US

Both are Networking Companies, and they live from Marketing Trends. At the moment the Digital Currency is in “trend”  and not one day goes by, where there isn’t something posted on the net or written in the newspaper.

Cryptocurrency is running the show at the moment. Cryptocurrency has made already millionaires since it started in 2008.

What are the products CryptoWorld Network is offering?

CryptoWorld offers a platform for Networking in the Cryptocurrency.  People can talk back and forward with other members and it is like Facebook, it even looks similar. 

Ideas and information can be shared. It is easier to get information on hot deals, great investments, strategies and special deals or opportunities.

There are pro and cons to it. As some will say this info you can get on the internet for free. What is correct but you also have to consider you are easier to fall for a scam than in a Members network.

If you have to do your research that takes time out of your daily schedule. Some will say it is valuable as you can learn from people who have experience in the Crypto Trade. The Platform has many areas and focuses. 

One thing is for sure you will find Education on the blockchain technology, and you will find plenty of good information on making money with ICO’s mining, Altcoins, Bitcoin, Ethereum, Litecoin, Ripple and Monero and lots of other things.

As people have paid for a membership, you can be assured that most of them have a crypto wallet and are serious.

Unfortunately, too many scams are out there, it doesn’t matter how careful we are, we always will be a target.

If you enter the Members area the platform looks like Facebook alike. 

Crypto Currencies Bitcoin

The Platform has different Membership packages 

The lowest one is the Networker – $49 per year

  • Access to the network
  • you earn the right to promote the platform and earn commissions. 

the medium one is Pro – $499 per year

  • Access to the Pro Network
  • You are able to start your own group within the network. (If you’re expert in forex trading, then you can start your own group about forex trading,) you can start any group you want) 

The highest one is V.I.P. – $999 per year

  • Access to the VIP network
  • Includes the Access to other lower networks like Pro
  • It gives you the ability to create your own business page within CryptoWorld Network,  you can use it to funnel people or give them training ( you can also charge a fee, )or use it to promote your own Business and or CryptoWorld Network.

Bitcoin, Ethereum, Litecoin, Ripple and Monero

The Special Prelaunch Promotion Subscription of $999

  • If you add the cost of joining at the different levels, it will cost you around $1,547.
  • ( Means Networker, Pro, VIP are all included) 
  • But if you take this package, you are able to save $548. This package comes with the prelaunch, not so sure how long it will be still around. Please note those are yearly fees. The next payment after one year will then be $1547.

Bitcoin, Crypto Currency

Additionally, you can subscribe to the AdPac.

  • The Adpac $49 a Month 

Ad Pac is similar to Lease Ad Space where they lease Ad Space for you to advertise. Only here it is called AdPac. What makes sense as you have already your target audience inside the member’s area. 

Crypto Currency Bitcoin

This can be a helpful tool if you have an online business related to cryptocurrency or other money-related trading business. I am not so sure if the ads are controlled and checked for Scams, but I believe that People will ruin their reputation if they advertise scam. By subscribing to the AdPac you have a target audience and possible prospects for selling your Business. 

It is a perception of each individual what and how they want to promote their Business.  Some like paying for ads including  Solo Ads and email marketing.Others don’t like to pay and go with organic traffic like blogging and SEO( Search Engine Optimization). There is no right and wrong do what suits you best.    

How does this Compensation Plan work

Retail Customer Profit

A Retail Customer is someone that purchases product/services
from a replicated CWN site at Retail. A Retail customer is
purchasing the product/services for their personal use and not
required or expected to build the business. A Retail Customer
does not get paid commissions on any volume of any kind.

Binary  Commissions  ( Team Commissions)

A “Binary”, the meaning is two teams a left team and a right team that grows from you and others who purchase. 

Soon as your team grows, you can receive Binary Commissions from not only the people you have referred and purchased the product, you also receive of the people they referred and purchased the product. The two teams in your organization may help in creating additional commission volume selling the product. You will then be paid a percentage of 10 %to 20 % based on your weaker teams commission volume. 

Crypto Currency the way to go An IR with 1,000 GV on the weak leg and 2,500 GV on the strong leg, a $200
the commission will be paid that time period. The strong leg volume will be
“flushed” of 1,000 volume (equal to the weak leg payout), leaving 1,500 GV to
be carried over or “carryover” for the strong leg’s GV the following time period.

Matching Bonuses 

The Matching Bonus program rewards the IR’s commitment to refer others and help them succeed. You can receive a 10 % Matching Bonus on your personally referred IR’s Binary commissions, as well as up to 40 % in Matching Bonuses on what their personally referred IR’s earn from their Binary commissions through another 4 Generations below you. These matching Bonuses are paid each time period. 
In short, this is extra money and the more you help the others the more money you can make. 

Each Generation of Sponsorship 1 to 5  earns you  a 10% Match


Digital Money
For example,  a personally sponsored IR on the 1st Generation under an IR earning $200 Binary commission and second Generation earning a $200 until the 5th Generation each earning $200 then you would get an additional matching Bonus of $100. This is the 10 %.

The Concept of CryptoWorld Network is a Pyramid Scheme or MLM ( Multi-Level Marketing)  Concept. You can sell the Memberships to other people and also earn money. 

Is CryptoWorld Network worth to join? Yes, alone the education you can get if you are interested in this Field and want to learn more about Cryptocurrency. I would say try it out and see how it feels. You can only join through invitation. 


Crypto World Network
You are keen to do it, and now you need to know how you get there and actually become successful. 

All depends on your marketing and selling skills. CryptoWorld Network is a” Network Marketing Business” and if you want to make money you need to have some marketing skills in online marketing.

If you know the online business and you know how to market have a look at our Blog “The Power of Email Marketing” 

If you are new, with no or little money to spend than you need to start with a free website click here and learn how to attract customers to your site. You have to start somewhere.

I hope this review helped you with the CryptoWorld Network.  Please feel free to comment and if you need help or have questions please feel free to comment or email me. 

James (Jim)

Tap Into The Source That Will Help Set You FREE
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