Jul 3, 2022
The Consensus 2022 festival, which was presented by CoinDesk, took place in Austin, Texas, over the past weekend. Shorter Finance, a…
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The Consensus 2022 festival, which was presented by CoinDesk, took place in Austin, Texas, over the past weekend. Shorter Finance, a…
"How To Get Rich With
Bitcoin Even If You
Have No Clue About Technology"
The surprising wealth-building secret of a globe-trotting vagabond
Dear Investor,
I’m writing this letter to dispel a popular myth: Many investors believe it’s already too late to make a lot of money with Bitcoin.
Nothing could be further from the truth.
Here's why:
The incredible story of how I missed the boat on Bitcoin,
still got rich, and how you can do the same...
The year is 2009.
I am sitting in my office in Asunción, Paraguay.

My office in Paraguay where I made a life-changing discovery
An intriguing document has just crossed my desk.
It was talking about a new kind of digital money called “Bitcoin”. As I read it, I immediately realized what a potential breakthrough this new technology could be.
But of course I was skeptical. Unsure if it would really work in practice.
I decided to buy a few bitcoins just in case it was for real and would go on to become successful.
After all, one bitcoin was worth just a few cents...
So I went online to see where I could buy some.
But there was a problem.
There was no marketplace to buy or sell bitcoin. Bitcoin was too new. Such exchanges simply didn’t exist yet.
I knew there was a process for “mining” bitcoin.
But I didn’t want to spend days setting up an extra computer. And then install the software, figure out how it actually worked and keep watching over my mining computer.
It was too much of a hassle just to get my hands on some bitcoin that were worth almost nothing at the time.
So I decided to keep an eye on Bitcoin and monitor its progress.
Fast forward to February 2011.
I had gotten busy with other projects and suddenly remembered to check on Bitcoin.
I was shocked to see that the price was over $1.
I had missed the boat
Bitcoin had sykrocketed up well over 1,000%.
I instantly regretted that I didn’t take it more seriously right away and didn’t go through the effort to acquire some coins when I first heard about the technology.
Then I had an epiphany.
The new Bitcoin technology was keeping its promise. Unless it got hacked or someone would find a fatal vulnerability in its software code it would probably continue to do well.
So I took the plunge and bought a small amount of bitcoin at around $2-3.
Bitcoin kept rising higher and by March 2013 I decided to take some first profits and sold 180 bitcoin at $37.
It seemed like a prudent move at the time.
After all, the price of bitcoin was up over 1,000% from where I bought it and had risen a crazy amount from its early days in 2009/2010.
I was also still worried that the Bitcoin network might get hacked.
So I pocketed a few thousand dollars only to watch Bitcoin shoot up to $181.
Meanwhile, the average person hearing about Bitcoin thought they had missed the boat too!
They looked at Bitcoin and saw a strange new form of money that went from mere pennies to well over a hundred dollars.
Clearly the big money had already been made. It’s too late to get in now... or so they thought.
That same year Bitcoin continued its relentless rise breaking $1,000.
In those early days I always thought of a thousand dollars per bitcoin as a magic round number and probably a good time to take some more profits of the table.
That’s why I sold another 148 bitcoin from my stash for close to one thousand dollars each.
And that was...
My first six figure crypto payday
And once again, the average person thought they had already missed the boat because bitcoin came from nothing and was now valued at over $1,000.
This spectacular rise to over one thousand dollars turned out to be too much too fast.
Bitcoin crashed over 80% all the way back down to $200.
Proof! For the average person... Bitcoin was done.
Dead.
A scam.
But nothing could be further from the truth.
Markets move in cycles. Nothing goes up or down in a straight line.
And this new asset class cryptocurrencies - is still tiny. And its volatility is still much higher than volatility for a mature asset class like bonds, stocks or commodities.
When the pendulum reached its extreme the bitcoin market once again changed direction.
In January 2017 Bitcoin was back at $1,000. (Keep in mind that was only 4 years ago.)
Once again the average person thought they had missed the boat.
We all know what came next.
Bitcoin shot up to $20,000.
Bitcoin was all over the mainstream media and millions of people learned about this new form of money for the very first time.
And as you can probably guess, the average person who had just heard about Bitcoin thought they had already missed the boat.
Do you see a pattern here?
The bitcoin story is far from over...
In fact, it is only just beginning.
And right now, Bitcoin is starting its next bull run.
How high will we go this time?
Your guess is as good as mine.
But I think $200,000 to $500,000 is a reasonable target for this cycle.
Especially because there are many investment funds, banks, high net worth individuals and professional money managers with deep pockets about to get in.
This all but guarantees that this bull market will be one for the record books.
This is your chance!
You too can make hundreds of thousands even millions of dollars with Bitcoin if you don’t miss the boat.
If you are new to Bitcoin the time to get in is now.
Bitcoin is a new, better form of money.
Cryptocurrencies come with proven advantages.
And you need to know what they are - because you could make a fortune just by discovering what other wealthy crypto investors like me figured out a few years ago.
I’m going to tell you what those advantages are in just a moment.
All fiat currencies worldwide are valued at around $107 trillion.
This number is so big it’s hard to grasp.
That’s $107,000,000,000,000.
Compare that to Bitcoin’s current value of just over $1 trillion.
For Bitcoin to reach only 5% the size of outdated fiat currencies its price has rise to $286,527.
And for Bitcoin to replace a mere 10% of fiat currencies its price has to rise to know more visit here just cliclk
I write about rural money, money making resources, money saving resources, online businesses, homebased businesses, homesteading business, finances, and more.
What Is Crypto And How To Invest?!
As the DeFi summer of 2020 approaches its two-year anniversary, the nascent digital asset ecosystem has undergone many...
Flotec allows the different network of block chain technology to communicate with each other and makes the process of digital asset exchange easier. Flotec brings consistent growth and network security in the market.
https://www.flovtec.com/
Ethereum Classic Price Prediction 2022
Understanding cryptocurrency exchange rates: where to start?
Whether you're a crypto newbie or an experienced trader it is crucial to understand cryptocurrency exchange rates in general. Usually these rates show the prices of cryptocurrencies converted to fiat currencies (for example, BTC to USD, BTC to EUR, BTC to GBP etc). Let’s see how exchange rates work in the crypto market.
Why do exchange rates matter in the crypto market?
Cryptocurrency exchange rates are the prices of digital coins converted to USD, EUR, GBP or any other fiat currency. They enable the buyers to know exactly how much is needed to purchase a specific amount of chosen cryptocurrency. Exchange rates are also important when it comes to determining whether an asset should be sold. If current exchange rates of a coin are peaking, it’s a great time to sell it.
What determines the exchange rates in crypto?
Unlike investing in traditional currencies, cryptocurrencies are not issued by a bank or backed by a government. Therefore, the monetary policy, inflation rates, and economic growth measurements do not apply to cryptocurrencies. Crypto prices change for various reasons including media coverage, speculation, and supply of a coin. Here are the factors that influence the exchange rates of cryptocurrencies:
The supply of a coin and the market demand for it
The cost of the mining process
The rewards issued to the coin miners for verifying transactions to the blockchain
The number of competing cryptocurrencies
The exchanges it trades on
Regulations governing its sale
Its internal governance
How to predict crypto exchange rates?
According to market analysts, there are some techniques that can allow one to predict the time frame and price range for the exchange rate fluctuations. These mostly rely on an analysis of the exchange rate chart related to the cryptocurrency in question. Those who are not familiar with these techniques can rely on the price predictions made by market analysts. Just keep in mind that comprehensive research that combines data from various sources is still the best way to plan your investments.
Where to see current crypto exchange rates?
Generally, numerous online price trackers and converters for crypto display exchange rates for user’s convenience. Nevertheless, it’s important to check if they use reliable data and consistently update it.
CoinSocialStory has recently launched a handy crypto converter that allows you to check crypto to fiat exchange rates. You can use it as BTC to USD, BTC to EUR or BTC to GBP converter. There are also other popular pairs such as ADA to USD, ETH to EUR and BNB to GBP. Conversion rates are collected from multiple sources (such as Bitmex, Binance, OKEX, Huobi Global and other digital exchanges) and checked for reliability and integrity through CoinSocialStory algorithms. The data is updated approximately every 10 seconds. “We made it so simple and fast to use that you’ll be able to convert crypto to fiat and vice versa in a matter of an eye blink” - says the team of CoinSocialStory.
Keep an eye on exchange rates, stay alert and invest wisely in cryptocurrencies analysing stats with CoinSocialStory tools.
Tesla And Bitcoin: What’s Going On? — Alexander Powell Cheltenham
In January this year, #Tesla invested a whopping $1.5 billion #Bitcoin!
🔗 : https://bit.ly/3rfW93r
Tesla decided to invest in Bitcoin is its desire to diversify its investment types.
House of Representatives launches the FinTech Task Force
The U.S. House of Representatives is launching a new task force aimed specifically at financial technology including blockchain, referred to as the FinTech Task Force.
Watch & Subscribe at https://youtu.be/RZN7BDGU0zo
BitBlockBoom! - Take a look at the REAL Bitcoin Conference coming to Dallas, Texas at https://BitBlockBoom.com
Enable & listen to future episodes on your ALEXA @ https://4MinuteCrypto.com/Alexa