Extruser
Regular Member
- Dec 2, 2017
- 289
- 185
As a newbie on this "Internet Marketing" and "Make money online" forum, I'm very surprised to see
so many members, mostly "Jr. VIP" status btw, constantly speak badly about Bitcoin and crypto.
I can imagine why, looking at their profiles, but that doesn't matter now.
Most people with some basic understanding of the subject know
that Bitcoin and crypto in general has nothing to do with Ponzi schemes or MLM.
Alright, there are a few ICOs trying to scam people, that's true,
but just stay far away from those.
Anyway, the big question always coming back is: is it a BUBBLE? Or NOT?
I don't care. Why do you care? Let it be a bubble, but
use this huge opportunity to make some f***ing money.
Cause that's what it's all about right! That's why we're on this forum.
Seeing opportunities... Making Money... On the internet...
Let it be a bubble. Doesn't matter. Take advantage of it.
There is some serious money to be made here.
Off course you need to be careful. Crypto trading is a 0 sum game.
But you don't have to trade to make money with crypto!
There are so many opportunities, so many ways to make money.
Coinbase has more than 30,000 new sign-ups every day! Every DAY!
Did you know they have an affiliate program? And that's just one vendor.
Or sell crypto related stuff on Amazon, eBay... Even Etsy. Make videos on Youtube...
nVidia (graphics cards) is making a fortune thanks to this whole cryptomania.
Are they constantly asking themselfs if it's in a bubble? NO! They don't care.
They are making tons of money. Did you know they have an affiliate program?
Now is the moment to get on the train. NOW. Not in 5 years from now.
One last word on trading. Just my 2 cents. Purely informative.
Here is a scenario:
Since a few months, big investors (sometimes called whales or smart money), have been
building up positions in various coins, mostly in Bitcoin.
With a steady increase in value as a result.
At the moment, a lot of small investors (sometimes disrespectfully called dumb money),
are entering the market in hopes of big profits.
Smart money is patiently waiting for the right moment to dump it's stash,
causing the prices to plummet and forcing the emotionally connected smaller trader
to sell his coins at a (big) loss.
At which point the whale will happily buy them. And a new cycle starts again.
This has already happened a few times in the past year(s), last time was when Bitcoin reached 5,000,
and it will happen again soon. So why hasn't it "crashed" yet?
1. The smart money (greedy basterds) is still pumping
2. Big traders are waiting for a new Bitcoin Futures market to open next monday.
A small one just opened, and they had to stop trading a few times already due to
overwhelming demand. Need to explain?
If you knew you where going to "dump" your huge stash of Bitcoins, resulting in a nice and heavy price drop, wouldn't you also want to buy some sweet future contracts first, shorting the market? Exactly.
After a dump the market will quickly recuperate. So don't worry too much.
We'll see. Be careful out there.
Don't listen to amateurs who cry bubble. They don't know what they're talking about.
I bought my first Bitcoins at $38. They were crying bubble then too.
"Opportunity". It's up to you to create one!
so many members, mostly "Jr. VIP" status btw, constantly speak badly about Bitcoin and crypto.
I can imagine why, looking at their profiles, but that doesn't matter now.
Most people with some basic understanding of the subject know
that Bitcoin and crypto in general has nothing to do with Ponzi schemes or MLM.
Alright, there are a few ICOs trying to scam people, that's true,
but just stay far away from those.
Anyway, the big question always coming back is: is it a BUBBLE? Or NOT?
I don't care. Why do you care? Let it be a bubble, but
use this huge opportunity to make some f***ing money.
Cause that's what it's all about right! That's why we're on this forum.
Seeing opportunities... Making Money... On the internet...
Let it be a bubble. Doesn't matter. Take advantage of it.
There is some serious money to be made here.
Off course you need to be careful. Crypto trading is a 0 sum game.
But you don't have to trade to make money with crypto!
There are so many opportunities, so many ways to make money.
Coinbase has more than 30,000 new sign-ups every day! Every DAY!
Did you know they have an affiliate program? And that's just one vendor.
Or sell crypto related stuff on Amazon, eBay... Even Etsy. Make videos on Youtube...
nVidia (graphics cards) is making a fortune thanks to this whole cryptomania.
Are they constantly asking themselfs if it's in a bubble? NO! They don't care.
They are making tons of money. Did you know they have an affiliate program?
Now is the moment to get on the train. NOW. Not in 5 years from now.
One last word on trading. Just my 2 cents. Purely informative.
Here is a scenario:
Since a few months, big investors (sometimes called whales or smart money), have been
building up positions in various coins, mostly in Bitcoin.
With a steady increase in value as a result.
At the moment, a lot of small investors (sometimes disrespectfully called dumb money),
are entering the market in hopes of big profits.
Smart money is patiently waiting for the right moment to dump it's stash,
causing the prices to plummet and forcing the emotionally connected smaller trader
to sell his coins at a (big) loss.
At which point the whale will happily buy them. And a new cycle starts again.
This has already happened a few times in the past year(s), last time was when Bitcoin reached 5,000,
and it will happen again soon. So why hasn't it "crashed" yet?
1. The smart money (greedy basterds) is still pumping
2. Big traders are waiting for a new Bitcoin Futures market to open next monday.
A small one just opened, and they had to stop trading a few times already due to
overwhelming demand. Need to explain?
If you knew you where going to "dump" your huge stash of Bitcoins, resulting in a nice and heavy price drop, wouldn't you also want to buy some sweet future contracts first, shorting the market? Exactly.
After a dump the market will quickly recuperate. So don't worry too much.
We'll see. Be careful out there.
Don't listen to amateurs who cry bubble. They don't know what they're talking about.
I bought my first Bitcoins at $38. They were crying bubble then too.
"Opportunity". It's up to you to create one!
