jr_sci
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What's this thread all about?
I share my story on how I doubled my money within 48 hours investing in a crypto currency (PIVX).
Some of you might already be aware of trading in crypto currencies. For other's however, this might be a brand new concept.
Why am I sharing it on Blackhatworld?
I started my career as an internet marketer and this thread is my way of giving back to the community of digital marketers.
I share my story on how I doubled my money within 48 hours investing in a crypto currency (PIVX).
Some of you might already be aware of trading in crypto currencies. For other's however, this might be a brand new concept.
Why am I sharing it on Blackhatworld?
I started my career as an internet marketer and this thread is my way of giving back to the community of digital marketers.
WHAT IS PIVX?
PIVX stands for 'Private Instant Verified Transaction'. It provides a payment wallet just like Paypal but it's decentralised, annonymous and built on a blockchain. In other words 'you are your own bank.' For more info please read their whitepaper: https://pivx.org/
Pivx is a new crypto currency just like Bitcoin. While bitcoin is trading at $1300, Pivx was trading at $0.045 when I bought some. Now, the price has gone up to around $0.2. I actually more than doubled my money within 48 hours.
PIVX stands for 'Private Instant Verified Transaction'. It provides a payment wallet just like Paypal but it's decentralised, annonymous and built on a blockchain. In other words 'you are your own bank.' For more info please read their whitepaper: https://pivx.org/
Pivx is a new crypto currency just like Bitcoin. While bitcoin is trading at $1300, Pivx was trading at $0.045 when I bought some. Now, the price has gone up to around $0.2. I actually more than doubled my money within 48 hours.
Let's get back to the real story...
STEP 1:
Here's a website you should check out: https://coinmarketcap.com/
It shows a list of all the crypto currencies; sorted out according to their market capital. Bitcoin tops the list with around 20 billion in Market Cap. PIVX however, was at #51 with a market capital of 3 Million. Within 2 days it hit a market capital of 8.5 million. Now, it's at #35.
I calculated this bump and was lucky to get it right. PIVX was hugely undervalued at $0.04. It's trading at around $0.18 now and it's still under valued. In my sincere opinion, I can see it hitting $1 or even $10 within a few months time. You can choose other currencies as well. Do your due research. Never invest solely based on other's opinion (including mine).
STEP 2:
Go to an exchange like https://bittrex.com/ . If you own bitcoins, you can deposit your bitcoins and then start trading straight away. BUY LOW, SELL HIGH if you are day trading.
If you are a long term investor like me, then BUY LOW.... HOLD.......HOLD.... HOLD....... (calculate, estimate and then sell).
STEP 1:
Here's a website you should check out: https://coinmarketcap.com/
It shows a list of all the crypto currencies; sorted out according to their market capital. Bitcoin tops the list with around 20 billion in Market Cap. PIVX however, was at #51 with a market capital of 3 Million. Within 2 days it hit a market capital of 8.5 million. Now, it's at #35.
I calculated this bump and was lucky to get it right. PIVX was hugely undervalued at $0.04. It's trading at around $0.18 now and it's still under valued. In my sincere opinion, I can see it hitting $1 or even $10 within a few months time. You can choose other currencies as well. Do your due research. Never invest solely based on other's opinion (including mine).
STEP 2:
Go to an exchange like https://bittrex.com/ . If you own bitcoins, you can deposit your bitcoins and then start trading straight away. BUY LOW, SELL HIGH if you are day trading.
If you are a long term investor like me, then BUY LOW.... HOLD.......HOLD.... HOLD....... (calculate, estimate and then sell).
How to Buy using Paypal?
If you are someone like who didn't have any bitcoins, then follow these instructions:
Go to https://wesellcrypto.com/ . You will need to get verified before buying bitcoins using Paypal. Currently, you can not buy PIVX directly on their site. You will have to first buy bitcoins, then trade bitcoins for PIVX using an exchange. Please follow the instructions here: https://wesellcrypto.com/limits
Verification usually takes a few hours. Once you are verified, you can pay via Paypal directly to the bitcoin wallet on https://bittrex.com/ .
I am guessing, this thread will be read by complete newbies. Let me be a little more description with visuals.
To generate a bitcoin wallet on https://bittrex.com/, go to https://bittrex.com/Balance then click the + sign in front of Bitcoin.
Go back to https://wesellcrypto.com and purchase some bitcoins. Give them the newly generated bitcoin address. You can invest as little as $3. The amount will be visible in https://bittrex.com/Balance under "pending deposits". It might take upto 30 mins to get updated in your balance. (bitcoin is super slow)
I have a very good reason. Bitcoin is already big enough. The price of bitcoin will go up eventually within a few months. I couldnt' have expected to double my money with bitcoins. It's already an established crypto currency with over 20 Billion in market capital as I mentioned previously.
DASH was my first choice ($500 Million Market Capital). I wanted to invest in DASH but was already too late to the party. The price of DASH went up from $9 in Dec to $35 in Feb. I thought, it won't go up more. So, I didn't invest. I was wrong! It's now trading at $100. (Facepalm)
Why invest in an unknown currency such as PIVX when there's already Bitcoins?
I had the exact same question.
I started researching and found some pretty interesting reasons. First of all, both Dash and PIVX were the same and used to be known as Darkcoin. They seperated from each other and rebranded as two separate currencies. After looking at DASH's exponential growth, I saw that PIVX was greatly undervalued and hence there was a huge opportunity as an investor.
This infographic will provide some insight.
GOT QUESTIONS?
Please do not PM me. I will try to answer queries as replies to this thread.
DISCLAIMER:
I can only give you my prospective on whatever investments I have done.
I do not take liability on your investment choices.
I am not asking you to invest anywhere. I am only sharing my story.
Don't bug me if you lose your money
GOT QUESTIONS?
Please do not PM me. I will try to answer queries as replies to this thread.
DISCLAIMER:
I can only give you my prospective on whatever investments I have done.
I do not take liability on your investment choices.
I am not asking you to invest anywhere. I am only sharing my story.
Don't bug me if you lose your money
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