try to cash it out for money .
Have you heard about Cryptocurrency? You have probably heard about Bitcoin, well that is Cryptocurrency. As a matter of fact, Bitcoin was the first Cryptocurrency that was developed in 2009 using Blockchain Technology.
The first time Bitcoin was used as a currency, two large pizzas were purchased. If the person that sold the two pizzas for the Bitcoin still has the Bitcoin, that person is now ridiculously rich today. In fact, the Bitcoin used to purchase those two pizzas are now worth over $100,000,000.00. That's right, One Hundred Million Dollars in 9 short years.
I look back just a few years ago when I could have bought Bitcoin at $13.00 per coin. On December 17, 2017, Bitcoin reached an all time high of $19,475.80, WOW!!! Today, after some technical and governmental influences, it is priced at $11,194.70, still WOW!!!.
Cryptocurrency is and will continue to be the largest gold rush in the history of civilization. Is it to late to get involved in Crypto's? No.......there are over 150,000 people per day getting into the Cryptocurrency and the Blockchain Technology that drives it.
In 2009 there was just one, Bitcoin. Today there are over1,545 Cryptocurrencies and 8,955 different Markets. A Market is where you go to buy, sell, trade or lend Cryptocurrency. Different Cryptocurrencies are developed for different purposes. For instance, Musicoin was developed for artist in the Music industry. They no longer have to depend on the middle man. They can get paid directly for their Music, Merchandise, Rights to Use , Tickets for concerts and the list is only limited by your imagination.
You can also buy, sell or trade crypto with individuals anywhere in the world in a matter of seconds. If you want to buy my truck, I will gladly take a Cryptocurrency.
Now for the good part. Lending your Cryptocurrency to Lending Platforms. What's great about Lending Platforms is they pay you daily in compounded interest. You have the option to take your daily interest each day and put it into your own bank account or Stack the earned interest in Cryptocurrency OR AND THIS IS BIG, reinvest it into your original loan making your original loan larger which in turn you get larger Return On Investment (ROI).
With as little as a $150.00 investment, you can buy your Cryptocurrency of your choice and put it into a 120 day contract. This means you are investing your $150.00 for 120 days and it cannot be drawn out. On the other hand, you can withdraw your earned interest daily. I would advise against that strategy. Instead, wait until your earned daily interest is high enough to make a difference for you. That might be $10.00 a day for one person and it may be $20.00 a day for someone else. It could be $50.00 or $60.00 or $70.00 or it can be much higher but that is something you can decide for yourself. Just like Stocks, there are transaction fees at the various Markets. Unlike Stocks, they are only pennies or half pennies on the Dollar so the fees are very low.
Cryptocurrencies are paying .9% to 5% per day with extremely high dollar returns. A $150.00 investment today could pay off a student loan, payoff a mortgage, payoff doctor bills and still have an extremely large retirement fund in just a few short years.
I am not an owner of any Cryptocurrency and I am not an owner of a Market. I do buy my own Crypto's and lend them out. I posted this for informational purposes only.
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