CryptoWorld Network things you should know

  • 4
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)

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  • 4
Trade FX and become a millionaire

Can I Make Money Trading Forex

The Secret of Currency Trading

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.  – Warren Buffett

 

By James Spurway

A guide to currency trading, or in other words, Making money by investing in or trading forex (short for foreign exchange)

Are you ready for some large numbers?

I mean really large.  Blow your mind large. Too big for the calculator to display large!

Here’s a quiz that I can safely predict that most of you reading this would not know the answers to without consulting Dr Google!

Which has the biggest daily volume, all the stocks traded on all the stock markets in the world, or all the currencies traded on the official currency markets in the world?

Who said stocks? Sadly, that’s incorrect. The rest of you who said it’s the currency market, what is the daily turnover of the currency market? How many said around $5 Trillion? Kudos, you know your stuff.

Now, how many times more than the daily turnover of all the stock markets in the world is that? No? Between 15 and 16 times larger!

The total daily volume of all the stock markets in the world that publish numbers, as of the end of 2016 was $77 Trillion, or around $300 Billion a day.

Does that mean that because of the volume of currency being traded there is more liquidity and hence better transaction efficiency and less risk than in the stock markets?

Unfortunately, that depends, however, I’ll discuss that point in the following paragraphs.

I’ve traded stocks through my own brokerage account, can I trade Forex the same way?

“No. “The only similarity might be that you are used to logging into a trading “platform” (software programme that is either downloaded and installed on your computer or accessed via cloud over your tablet or smartphone) and clicking on predefined fields to place orders to buy or sell.

But that’s where the similarity and crossover ends. You’ll need to open a forex brokerage account to trade forex. It might be that the Bank, securities or brokerage house that you have your stock trading account with, also deals in forex and can open an account for you.

Does that mean you should use the same company for both? Not necessarily. Forex brokerage is a specialized business. Everyone seems to offer a trading platform.

And they all seem to advertise that they have the

a) fastest order execution,

b) most competitive spreads (i.e. the difference between the purchase price of one currency and the sale price of the same currency – relative to a second currency),

c) lowest transaction costs,

d) lowest minimum account balance, e) highest leverage and f) smallest contract or “lot” size (i.e. the face value of a SPOT contract where you agree to buy say $100,000 and sell the equivalent in Euros).

Not all forex brokers are created equal. Do your research and make sure you cut through the all the hype and compare several Brokers offerings on a like to like (apples to apples – not apples to oranges) basis.

What FOREX instrument should I trade?

There are many instruments or contractual types traded in the forex market. Spot, outright forwards, foreign exchange swaps, currency swaps, and options make up the bulk of all daily trading volume.

From this list, an individual that is not a trained trader working for a Central Bank, Bank, Non-Bank Financial Institution or Corporation, will start trading in the SPOT Market. That means you’ll be buying and selling currency in pairs.

When you buy USD (US Dollars) you will sell another currency like EUR (Euros) for example.

What strategy should I use?

As far as Trading Strategies are concerned, trading forex is so much more complex than trading stocks.

It’s possible to trade in and out of currency pairs quickly when using a trading platform or App, and in so doing, simply buy and sell on a hunch or a visual cue you believe you detect in the price signals.

This is referred to as “Day Trading”.  This might be okay for someone who is only putting a couple of hundred dollars at risk when they open their forex brokerage account and start trading.  Logically though, apart from giving you an adrenalin rush, it is a poor use of your time.

It might take a couple of hours or more a day every day to create say a return of 10% or even 20% a month. That is using extremely high leverage and placing all of the initial capital at risk.

If you start with $200.00 in your account, even a monthly return of 20% only means a Dollar Return of $40.00 – for maybe 40 hours of work. Is working for $1/hour really a good use of your time!?

What am I saying. Unless you have $10,000.00 or more at your disposal and are willing to be aggressive and risk it all, the dollar returns (you don’t bank percentages you bank dollars!!) just don’t justify the time that you should invest to trade with a degree of professionalism.

However, if you intend to do this remotely professionally, or put another way, if you are going to place more than a few thousand dollars at risk when you open your forex brokerage account and start trading, you really should invest in proper training through a vendor that has live coaching from traders who can show you their trading account and hence prove that they can walk the walk, not just talk the talk.

One final note, it is this author’s personal opinion as someone who has traded his own account and been a fund manager and traded client’s funds, that one strategy that should not be followed by anyone starting out in the forex trading business and that is Binary Options.

This is not a strategy that any novice investor/trader should pursue.

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Is there an alternative to trading my own account?

There is an extremely attractive option to trading your own forex account if you want to have some exposure to currency as an asset class as part of your overall investment portfolio. And that would be to conduct a search for licensed Asset Managers or Investment Advisors that specialize in and have a track record in creating and implementing forex trading strategies.

Conclusion

It’s not the job of this post to deliver an essay on portfolio investing, however, the goal of every investment that an individual makes should be to add to the risk-adjusted return, meaning to increase the ROI on the portfolio by more than the associated increase in portfolio risk (risk of loss).

Currency is an asset class, just as much as stocks, bonds, and real estate, and deserves to be included in a modern day investment portfolio. The only question then is whether to trade your own account of letting a professional trading manager do it for you.

The pros of doing it yourself are that you enter the market and experience the thrill of being a currency trader for as little as a couple of hundred dollars.

The cons far outweigh the pros on this one and include the fact that you have to have a substantial minimum starting capital before the dollar returns you could safely expect to make, would have any noticeable impact on the dollar amount added to your investment portfolio. Also, without proper training and being disciplined enough to follow a strategy all day, every day, the risk of loss of part or all of your starting capital increases over time.

Please note everyone is responsible for their own action, you can win but you can also lose. Go slowly and only risk the money you can afford. Currency Trading is at your own risk.

I love to hear your thoughts and experience please feel free to comment below

Your truly. Jim

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