Everybody want's to get rich and become a cryptocurrency millionaire, but do you have what it takes to swallow this truth and accept it? Taking a $1000 investment and turning it into a $1000000 windfall is absolutely possible.
There are so many people out there trying to day trade their way into crypto riches. Altcoins are a fantastic way to do so, but you need patience. Selling out of a position of a coin that you feel strongly about is the quickest way to stunt your dreams.
In this video, I give you numerous examples of coins that would have returned you a 40x, a 60x, a 250x, and even 2000x and 8000x returns on your initial investment. I even give you the perfect example of how easy it is to sell out of your position at a loss, without being able to see the bigger picture at hand.
So listen to this video, and understand that while the title and the introducion may be a little tongue and cheek, the message that lay within is truth. Research, and patience. Those are the key.
Cryptocurrency Market Caps: https://coinmarketcap.com/
Top 5 Altcoins Playlist: https://www.youtube.com/playlist?list...
Top 5 Altcoins to hold in 2018: https://www.youtube.com/watch?v=Les42...
Top 5 Altcoins under $1 in 2018: https://www.youtube.com/watch?v=xLthj...
Create an account at Binance and start trading for free: https://www.binance.com/?ref=15825150
Great advice B! The problem I see is that people are so caught up on crypto as a “get rich quick scheme” that they aren’t willing to wait. They want to reap the benefits in a month and don’t consider hodling long term, this causes a lot of exits if they don’t see a quick return on their money, that’s why the coins with higher market caps play a pivotal role than these smaller alt coins. Nobody can predict the future but in the end, patience wins.
You see the green market now? All it was is a flash crash bud. Do some research and look at the statistics in the past 3 years. EVERY year at this time is the same shit. All the weak hands that folded yesterday or 2 days ago are probably beating themselves up about it.
People don't understand the difference between day trading and investing in the stock market and the crypto market. People need to know that crypto are more volatile and losses can be extreme. They need to learn how to INVEST in crypto's and not day trade. Just HODL!
Ok..but how do we know which coins will grow like that during 2018?
And even if the crypto market wont disappear until de end of the year?..Sorry about the negativity..but ive being watching so many good news about it but it continues to crash..
Thank you so much oh wise one. With a channel 1 month old with 20k subs (more than half purchased), and one of these noobs jumping on the hype train without knowing anything about Crypto or the tech. You gave us all the ultimate secret that your experience has proven to you!!! My hero.
how to compute if the year ends now 2018 do i need to substract the 2019 marketcap and the 2018 marketcap of that coin? to see how many xTimes return will i get? how will i be able to compute it please teach me...
Please send me the computation details like for example how much you invested and the price of the market cap of it like Add/Divide/Subtract please so i can fully understand more sorry i am new in crypto sir
The difficulty here is it would have been very difficult to predict verge as an example - at its lowest price almost no one would have head of it other than tech people working with it.
Yes, as an insider, you could make the millions, but your average jo blogs, even if does research is unlikely to come across it.
well, there is a certain amount of coins of each currency right? the more money that is in the market cap the more coins have been bought. so the supply is lower, than its just a simple game of the less supply the more a coin will cost.
Thanks for the positive news Bee. You are absolutely right about what you are saying. We must remember that we are only paper rich until the investment is transferred back to a bank account.
This downtrend is an awesome opportunity to buy into many coins BTW.
I suspect that some people have foolishly borrowed money they can not afford to lose in hopes that the parabolic upward curve on all the coins would never end and are kicking themselves for not cashing out in the early part of January.
yeah "" it is so truth if you study ,you have to research knowing witch one to invest, in it >> for a long term ,,yes it take about around 2-years ,,now i know i have just leave it ... if you pick the right coin ..i have learn ,want to be rich ,,,he is so right about that !!!!!
I like what you are saying, people, need to be more realistic, be patient, hold on, and make sure to treat this investment as if you were going to the casino. Don't be upset if you lose it, or to invest your money in the stock market for a safer place with a less volatile market. i wish everybody the best. The name of the game is patiance and make sure you do your own DD.
Thank you so much. Its like you are talking to me directly. And the way you talk just wanna make me keep listening. You talk with utmost reality. By far, you are one of the most crypto video out there. If I can like this a million time, I will definitly hit that button....thanks again!
Crypto Love also explained a different approach, where what you do is finds coins that will double your money take it out then find another, however it would be bad if everyone did that. He also mentioned ICO's.
Great Video! Delayed Gratification can be a true test of will...especially in the age of instant everything. When thinking about bailing...I ask myself this question, "Is Dave 2018 willing to sacrifice now so that Dave 2019/2020 can 40x his gains and have the smile of a lifetime?"
The answer is always a resounding , "Yes."
check out the team (on linkedin, etc., when possible) - do they have experience in the field? do they have any previous success? are they willing to put their faces and names behind it or are they anonymous? are there enough people to accomplish the project? do they have legitimate partners or supporters? or is it all just small-timers or no-names? do they communicate their ideas well? do they have leaders that other businesses would be willing to work with? or do they look like they don't know what they're talking about?
check out the outline - do they have a detailed/plausible road map? do they have deadlines? or is it all vague and open-ended? have they been able to deliver on any deadlines that have already passed? when do they plan to deliver a working product or service? is it within the year or is it in five years?
check out the utility (white paper) - are they offering a product or service that makes sense? is there a need for it? is it unique or is there already a lot of competition in that field? do they have access to new or protected technology? are they following industry best practices?
check out the marketing - do others see the value in it? is there community support behind it? does it have a positive or negative reputation? do other industry leaders have an opinion on the project or the technology?
check out the market capitalization - what kind of size do you think a product or service like this could grow to? is there another successful project you can compare it to? has the market cap already reached its potential? multiply the current market price with circulating supply and you'll get the current market cap, do you think the market cap could grow to approximately the same size as the successful project you looked at? is there still a lot of room to grow to that size or has it already peaked?
sometimes coins fail and others take off for no reason except for sheer hype/FOMO or FUD - this is usually temporary. there's a huge level of risk when getting involved with those kinds of trades. there's nothing wrong with dabbling in that. but the safest thing you can probably do is keep the majority of your investments in coins you've looked into yourself and truly believe have a strong foundation. of course, this is not professional advice and you are responsible for fact-checking everything before making financial decisions. good luck
Great video! I am going to share this video with lots of people! But one thing I would like to add, is that a day-trader/swing trader will want to buy low and sell high, and then rebuy low again.....that is what you did not mention in the video, the verge trader would sell high, and then rebuy again low...
Yes, and it’s awesome! I totally agree! But I kind a have a new rule for myself, when I see something at an all-time high, I’m usually going to sell off at least a portion, and then of course always buy low... (except of course my holds that I have in my wallets that I will fall asleep on)
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.