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How do I start my crypto journey as a beginner?

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How do I start my crypto journey as a beginner?

Introduction

It is always common for lots of crypto newbies to become overwhelmed or discouraged after discovering how huge the crypto space is and how much that can be gained or lost. To be honest, cryptocurrency is diverse and this is why it keeps expanding as more people get involved day by day.

You will definitely hear terms like Defi, staking, NFTs, private wallets, blockchain, BTC mining, and so on. All these in their own way are broad with more spaces being created daily.

Besides, let’s not overlook the cryptocurrency scam that you need to be wary of because these scams keep getting more advanced every day such that anyone can easily fall for them.

If you’re new to crypto and you don’t know where to start, but you want to make lots of money from crypto either by being an investor or a trader, you also want to be part of the crypto space, you want to get a job in crypto, learn or build your own cryptocurrency project.

The question that stares at you in the face is “how do I start?”

What you need to know about cryptocurencies

Cryptocurrency is not your next Ponzi scheme/ get rich quick scheme as much as cryptocurrency has the capacity to make you a millionaire does not mean that it is your next money doubling scheme.

You need to understand the fundamentals and basics of cryptocurrency for you to be able to maximize it and make profit from cryptocurrency. Cryptocurrency is simply money evolved.

Money has evolved to what we know it as, cryptocurrency which is the digital form of money. Crypto is simply money evolved to solve a problem. 

What brought cryptocurrency was the fact that money was centralized or governed by authorities; meaning that money was restricted to a certain kind of persons within a country or place. All you need to access finance through crypto is to have internet access.

The first kind of cryptocurrency to exist is Bitcoin. Bitcoin was created in 2008 and every other form of cryptocurrency can be converted back to bitcoin. Each of these cryptocurrencies has what they are offering to the space. What quality a coin is bringing to the space shows how good it is.

Trading is one way to monetize cryptocurrency. 

Each individual cryptocurrency coin is like the serial number on a physical bill without a physical bill. Just like regular bills almost every cryptocurrency can be divided into smaller pieces.

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In the case of Bitcoin, each BTC can be divided into one million pieces called satoshis, which are like cents to a Dollar.

Any difference between a cryptocurrency wallet and a bank account?

A cryptocurrency wallet address is like a bank account except that it has no physical card that goes along with it, it is just an account number. Because you don’t need to provide any personal information to create a cryptocurrency wallet, this means your identity is not attached to your crypto wallet like a bank account is.

Most importantly any cryptocurrency held in your personal wallet is held directly by you, not in the custody of the bank. this means that nobody can shut down your cryptocurrency wallet or block your transactions because you have total control over that account at all times.

The trade-off here is that if you lose access to your cryptocurrency wallet or forget to write down the recovery phase you get when you create a wallet, then you lose all your cryptocurrency forever.

The banks and the governments keep track of everyone’s bills and account balances, these records are stored across all the computers connected to a cryptocurrency network. These transactions and account balances are public and can be viewed by anyone using something called a Blockchain explorer. Because computers can earn cryptocurrency for processing cryptocurrency transactions on a cryptocurrency network incentivize more computers to join the network to process transactions and earn cryptocurrency.

This is called decentralization and it’s the polar opposite of centralized setups of the government and banks.

There are two types of cryptocurrency;

  1. Coins 
  2. Tokens

Coins

Cryptocurrency coins belong to cryptocurrency network that were built from the ground up and bought from the ground up. Someone spent a lot of time and a lot of money putting together the code required to create a safe and reliable cryptocurrency network.

Cryptocurrency coins are the cryptocurrencies given to computers when they process transactions for a cryptocurrency network. For example, BTC is a cryptocurrency coin because the bitcoin network is built from the ground up.

Tokens

Because cryptocurrency networks are so hard to make from scratch, only a few dozens of cryptocurrencies are actually a coin, the rest are cryptocurrency tokens.

Cryptocurrency tokens are easy to make and can often be created in the nature of minutes with little to no effort. This is why they are tens of thousands of tokens out there.

The NFTs are actually cryptocurrency tokens that are like digital certificates of ownership for physical or digital art pieces. NFTs are just the tip of an iceberg of what you can do with tokens.  For example, there’s a company called Circle that issues a cryptocurrency called USDC.

Related  How to find NFT project early

Read: How to find NFTs before they blow up? – A Comprehensive guide

USDC is fully backed by real  U.S dollar which means that for every one USDC in circulation, Circle has one U.S dollar in the bank. You can create USDC by giving them your dollars and redeem your dollars with USDC.

Another company called Paxos issues a cryptocurrency called PAXG. Each PAXG token is backed by one trance of gold, you can redeem it with physical gold or U.S dollar.

A lot of tokens are nothing more than scams, this is primarily because cryptocurrency tokens are easy to create. All a scammer needs to do is create a token, set up a fancy website, pay for few ads on social media, pay a few news outlets, and get featured on shitcoins.

Read: How to spot fake/scam crypto projects – Read this before investing in crypto

Watch the video below and learn how to create your own token:

Do not invest what you can’t afford to lose! One of the biggest mistakes that so many people have made is just investing more than they can afford to lose, people have lost more money than they were comfortable with losing. They put in a lot of money at an all-time high.

The other things have to look at are: there are like two different types of strategies; You have investors where you just kind of buy, HODL and walk away, and you have traders.

Short-term trading: if a coin is running absolutely parabolic, It’s going to the moon. It’s been going straight up for three days. You should probably sell at some point because assuming it’s going to go up indefinitely, is beyond naïve.

Long-term hold: figure out what projects you like and what projects are aligned with your values, every project has a white paper, read the white paper, join communities, ask questions, and get involved. Get in at a price that’s so low. if it’s a project you want to hold, just simply hold.  If you’re investing in a project that is a newer project that’s recently coming out from an ICO (initial coin offering), you can do more research on that but basically, know the token metrics know the distribution. Did the ICO give massive discounts to pre-sales? were the pre-sale people getting, you know, 50% Bonus 70% Bonus tokens?

Margin trading: Refers to the practice of using borrowed funds from a broker to trade a financial asset that forms the collateral for the loan from the broker. A stock bought on margin generally requires the investor to supply 30% to 50% of the value of the purchase. So you can come over to sites like this for example. BitMEX offers margin trading. 

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Hodling: hodling means if your token or your coin or whatever is falling in value, just hold, just hold it and the price will go back up.

Now, if the coin has gone up, and maybe it’s come down a little bit and you’re starting to notice that it’s getting close to where you bought in maybe just sell. If the token starts to go back up again, maybe you could buy it back .

Market cap: If Tron has a market cap of $1.3 billion, in order for Tron to go to four cents, another $1.3 billion has to enter the market. In order to go to $1 Tron would have to 50x.

Is cryptocurrency safe?

Whether a cryptocurrency is safe or not ultimately depends on the context. For starters, not all cryptocurrencies are created equal. Some cryptocurrencies are built to prioritize speed over security. The consequences of that play out quickly as there are always hackers somewhere looking to crack cryptocurrency networks so they can trick them into creating new coins and tokens to sell for a fancy profit.

Why are cryptocurrencies so volatile?

Crypto natives and investors are no strangers to the rollercoaster ride that is the crypto market. Popular cryptocurrencies can fluctuate 10%, 20% and even 30% within a regular trade. Why is that so? Fundametally, any market is driven by supply and demand, in crypto markets the effect is more exaggerated as there is less liquidity.

Liquidity refers to the ease with which an asset can be bought, sold or converted without affecting its market price.

What makes the tokens in your wallet valuable?

Cryptocurrencies are valuable because of what they do.

Obviously, this value changes on which cryptocurrency we’re talking about. Bitcoin has value because BTC coin has an economic profile similar to gold. it has a maximum supply and only a small amount of BTC is created each day and that amount is cut in half every four years.

Demand for Bitcoin has increased over time as we realize how weak regular currencies can be. 

Which cryptocurrency should I buy?

The cryptocurrency you decide to buy alt down to your timeline and risk tolerance.

In terms of timeline, cryptocurrency market seems to follow a four-year circle.

Looking to buying coins that will 10x? Read: Best 5 crypto coins that will go parabolic this year

PS: this is not financial/ investment advice.

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How much do cryptocurrency bloggers earn?

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How much do cryptocurrency bloggers earn?

If you are curious about a way to make cash as a cryptocurrency blogger, you are in the right place.

In this article, we’re going to talk about the diverse approaches by which you could earn an income through your writing.

We’ll begin by outlining the fundamentals of cryptocurrency and running a blog, after which we’ll circulate directly the diverse ways that you could monetize your content material. We’ll additionally offer a few suggestions for developing your target audience and creating top-quality content. So, if you are geared up to begin creating wealth as a cryptocurrency blogger, read ahead!

Table of Contents

What are cryptocurrency bloggers?

Not sure who the cryptocurrency bloggers are? They’re the people who write approximately about Bitcoin, Ethereum, and all matters cryptocurrency.

They may be specialists within the area or simply beginning out; however, one issue is certain: they may be obsessed with the topic. And as the recognition of cryptocurrencies continues to grow, so does the demand for nice content. 

So if you are contemplating beginning a cryptocurrency blog, you could guess that there may be lots of possibilities to make cash. 

Read: How much can I make as a blockchain developer?

How cryptocurrency blogs make money

Cryptocurrency bloggers can doubtlessly earn a number of dollars, depending on their level of information and the quantity of time they’re inclined to spend making money on their blog. For example, a few bloggers have mentioned earning up to $10,000 per month from their blogs. This is an outstanding figure, and it’s easily achievable with determination and hard work. However, it’s crucial to understand that this isn’t always the norm, and most cryptocurrency bloggers will now no longer make this form of cash.

The additional amount of cash a cryptocurrency blogger could make depends on the type of content they produce. For example, a few bloggers may be aware of the importance of supplying academic content, including tutorials and guides, at the same time as others may be aware of the importance of supplying information and analysis. 

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Educational content has a tendency to be more lucrative, as it may be offered at a better rate than information and analysis. Additionally, a few bloggers provide consulting offerings or create services associated with cryptocurrency, including buying and selling bots or software program tools, which can also be very profitable.

Who are the top earners within the field of cryptocurrency blogging?

So, you need to recognize how much cash you could make as a cryptocurrency blogger.

Well, it genuinely depends on who you ask. There are a few bloggers who’re creating a fortune, while others are nevertheless simply scraping by. But as a general rule, the more famous and well-respected your blog is, the more money you could assume to make.

There are some pinnacle earners within the area who are really worth mentioning. For example, David Genix from Davidgenix.com, John Biggs from TechCrunch is a writer, consultant, programmer, and former East Coast Editor. He writes especially about technology, cryptocurrency, security, gadgets, gear, wristwatches, and the internet. He is expected to have made over $500,000 from his blog in 2017. And David Seaman, who became a visitor at the Joe Rogan Experience Podcast as soon as it launched, has mentioned incomes over $100,000 in an unmarried month on his blog.

Obviously, those numbers depend on your visitors and how engaged your target market is. But if you are trying to make cash as a cryptocurrency blogger, those are the people you want to be following.

How much can a cryptocurrency blogger expect to earn?

You are probably wondering how much you might earn as a cryptocurrency blogger.

Unfortunately, there may be no clean solution to this query because it relies on a number of factors. For example, how famous your blog is, how regularly you post, and what kind of content you write will all have an effect on your earnings.

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If you need to maximize your earnings, I suggest posting often and writing engaging, beneficial content as a way to appeal to readers. You also need to recall accepting donations or promoting services in your blog.

Read: How to reduce Cryptocurrency Risks and Protect your Profits

What skills and expertise help with earning From a cryptocurrency blog?

You are probably wondering what capabilities and know-how assist with generating income from a cryptocurrency blog.

The most critical talent is manifest expertise in the cryptocurrency marketplace. This may be hard because the marketplace is continually changing; however, if you’re updated on state-of-the-art information and trends, you will be in an excellent position to provide insights and predictions that your readers will find valuable.

In addition to expertise in the marketplace, it is also critical to know how to write well. This approach is capable of expressing your thoughts truly and concisely. You do not want to be an expert writer, but being capable of expressing your thoughts in a manner that is easy for others to understand is critical.

Factors that affect cryptocurrency blog earnings

In addition to the type of content material you produce, there are numerous other elements that can have an effect on your earnings. For example, the scale of your target market is a critical factor. The larger the target market, the more potential there may be for making a living via marketing and promoting products. Additionally, the quality of the content material is likewise critical. If the content material is well-researched and engaging, it’ll entice extra readers and doubtless extra profits.

Finally, the quantity of time you’re inclined to put into your blog is likewise a chief factor. The more time you spend growing content material and selling your blog, the more likely you are to earn cash from it. Additionally, having excellent expertise in SEO (search engine optimization) allows you to grow your visibility and reach a bigger target market.

Finally, it allows for a few simple Internet improvement capabilities. This can be available on hand in relation to putting in place and dealing with your blog. Knowing how to code isn’t always necessary, but it may surely be a precious asset.

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How to build a successful cryptocurrency blog

Building a hit cryptocurrency blog takes a number of years, but it may be pretty profitable both financially and emotionally. First and foremost, you want to be a professional at the topic. You have to have an organization’s expertise in the way the generation works, in addition to the state-of-the-art information and trends within the space.

Second, you want to be an excellent writer. This is critical for any sort of blog, but it is particularly critical in the cryptocurrency world due to the fact that there is a lot of complicated jargon. You want a good way to give an explanation for complicated standards in simple English (or whatever your blog’s language is).

Third, you want to be energetic on social media. This is how you will acquire new readers and develop your target market. 

Last, but not least, you want to be patient. It takes time to construct a hit blog. But if you keep at it and roll out first-class content on a regular basis, in the end, people will become aware, and you will begin seeing results.

Conclusion

So, in case you’re contemplating beginning a cryptocurrency blog or are already in the process of doing so, it is critical to understand what you may doubtless earn from it. The correct information is that there is the ability to earn a lot, but the amount you are making will depend upon some elements, including your blog’s reach, the quality of your content, and how you are capable of monetizing your blog.

At the end of the day, cryptocurrency blogging is an excellent way to make a few extra dollars and will even grow to be a full-time profession if you’re capable of constructing a huge and consistent following. Just ensure you put in the tough work and convey tremendous content, and you also have to be to your manner to earn an excellent profit out of your blog.

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Affiliate Marketing

Earn $100 daily from your Whatsapp status with this secret

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Make 100 dollar on whatsapp daily

I will show you how to make $100 in a day from your whatsapp status.

I have taken my time to answer the following questions:

  • How to make money from whatsapp status views?
  • Make money on whatsapp status
  • How to make money by viewing whatsapp status?
  • Make $100 from whatsapp status
  • Earn money from whatsapp status for free

In this article we will reveal this simple trick that requires no technical skills, no following, doesn’t require you to talk to anybody. Anyone can do this.

I will show you how you can make a lot of money, let’s get started.

Requirements needed for earning from your whatsapp status

  • A phone
  • Whatsapp
  • Access to the internet

Making money on the internet is easy folks, in this article; I will show you how to make $100 every single day doing almost nothing. Just to be clear, you can only receive the money in two ways: You either need an address where somebody or the company can send a cheque to or you need a bank account.

Related  How to spot fake/scam crypto projects - Read this before investing in crypto

How to get started

Step 1 A: Clickbank

Now the first thing we are going to do is to go to a site called clickbank.com, click on the link when you are in the site you want to sign up.

Click bank front page

The next thing you would do is to go over to “Affiliate marketplace” section, after clicking on the “affiliate marketplace” you will be able to find products to promote. This is affiliate marketing. Refer to our Affiliate marketing section to learn more.

Affiliate network is a way to earn commissions without ever actually having to do any product support, owning the products, shipping anybody anything, knowing any technical skills or talking to anybody. Literally it spits out links and you send those links to people and you make money.

We are going to click on the “search” icon, there are a lots of product which we can advertise, on the right hand side of each products shows you how much money you can make everytime somebody buys that product from you. Pretty cool right? A market place which tells you how much they will be paying you.

What we will do is to go over the section called “E-business” and “E-marketing”on the left hand side, you can select there or go over to page 2. Click on any product of your choice, a page will pop up enter your account nickname and click “Generate hoplinks”. We can copy our link and start promotion.

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Step 1 B: Digistore24

Digistore24 is an affiliate network that accepts people from all over the world no matter what country you are in.

Digistore24 affiliate network

Just click on “Register now” from the top right top corner, you can sign up immediately as an affiliate.

Step 2: Bit.ly

As you can see on the image below, it is called bit.ly and it says “Short links, big results”.

bit.ly link shortener

Now what we are going to do is to scroll downwards to the place where it says “shorten your link” and we will paste our link right in there and we click the “shorten” button. Now we copy the link and we are going over to Whatsapp. This is where we will starty getting our links out and making money.

Step 3: Whatsapp

What we are going to do here is to send the link to people via messaging or status post, anybody whose phone number you have anybody whose phone number you can get, anybody you can find a way to message on Whatsapp, write them a message and message them with the shortened link we copied from bit.ly

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Using this method you can make more than $100 a day. You can make $469 in a single day.

Step 4: Adf.ly

Let me show you one extra method of how you can make money without people even purchasing from your affiliate link.

This site is called adf.ly. See image below:

Adf.ly - shrink links and get paid

You can actually get paid just if people click your links, so you literally get paid no matter if people buy or not. You might not make $500 from this but you can easily make $100 a day just by sharing this links.

You can take your affiliate link you got from bit.ly and shrink on adf.ly, now we have a new link, we can copy the link and if somebody goes to the link it shows them an ad before it takes them to the affiliate product on clickbank.

Conclusion

The methods I have shared in this article are proven methods, you can get started anytime anyday.

Share this article if you really learnt something, cheers!

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Smart Swaps mining Review – Legit or a scam?

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There is this new platform called smartswaps, lets’s look into some details about it.

Table of Contents

What is Smartswaps?

smartswaps is an online TRX mining machine rentage platform. The claim to provide investment offers for crypto miners.

Smartswaps work and profit model

  • Miners conduct TRX mining in the primary market.
  • Smartswaps uses TRX to conduct leveraged transactions in the international encrypted digital currency market.
  • The income can reach 100 to 400%
  • Smartswaps gives you a fixed mining income every day according to the mining area where the miners are located, so they are cooperative.

Let’s get into the smartswaps.io back office.

smart swaps review

There are three different levels; VIP 1 to VIP 3. You can see that I’m on VIP 1. let’s talk about VIP 1.

Smartswaps.io VIP 1

smartswaps upgrade page

As soon as you join you are automatically upgraded to VIP 1.

Balance reached 5.002.00 %
Balance reached 10.005.00 %
Balance reached 30.006.00 %
Balance reached 50.006.00 %
Primary offline revenue10.00 %
Secondary offline income6.00 %
Level 3 offline revenue3.00 %

You can mine 5 dollars and earn 2% for that 5 dollars, you can mine 10 dollars and earn 5%, you can mine 30 dollars and earn 6%, you can mine 50 dollars and earn 6%. You also get 3 commissions which are the primary offline revenue, secondary offline income and Level 3 offline revenue.

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The primary offline revenue rewards you 10% for referral bonus, you get 6% on the secondary offline income for anyone your referral(s) bring(s) in and also get 3% for other miscellaneous earnings from downlines.

Smartswaps.io VIP 2

smartswap VIP 2

You will be charged 15 dollars one-time fee to upgrade to VIP 2.

Balance reached 100.006.00 %
Balance reached 150.006.00 %
Balance reached 300.006.00 %
Balance reached 500.006.00 %
Balance reached 1000.006.00 %
Balance reached 1500.006.00 %
Primary offline revenue12.00 %
Secondary offline income8.00 %
Level 3 offline revenue4.00 %

You can mine 100 dollars and make 6% of that, you can mine 150 dollars and earn 6%, you can mine 300 dollars and earn 6%, you can mine 500 dollars and earn 6%, you can mine 1000 dollars and earn 6%, you can mine 1500 dollars and earn 6%. You also get 3 commissions which are the primary offline revenue, secondary offline income and Level 3 offline revenue.

The primary offline revenue rewards you 12% for referral bonus, you get 8% on the secondary offline income for anyone your referral(s) bring(s) in and also get 4% for other miscellaneous earnings from downlines.

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Smartswaps.io VIP 3

smartswap VIP 3

This is a one-time 30 dollars charge, you also have to have a minimum of 3,000 dollars in your account.

Balance reached 3000.006.00 %
Balance reached 5000.006.00 %
Balance reached 15000.006.00 %
Balance reached 50000.006.20 %
Balance reached 100000.006.20 %
Primary offline revenue14.00 %
Secondary offline income9.00 %
Level 3 offline revenue5.00 %

You can mine 3000 dollars and earn 6% of that, you can mine 5000 dollars and earn 6%, you can mine 15000 dollars and earn 6%, you can mine 50000 dollars and earn 6.2%, you can mine 100000 dollars and earn 6.2%. You also get 3 commissions which are the primary offline revenue, secondary offline income and Level 3 offline revenue.

The primary offline revenue rewards you 14% for referral bonus, you get 9% on the secondary offline income for anyone your referral(s) bring(s) in and also get 5% for other miscellaneous earnings from downlines.

How do you start mining?

It’s very easy to mine on smartswaps.io, every 24 hours you get the mining button on your home page. you are expected to click on the ‘start mining’ button, once you hit it 60 seconds later you will be able to hit the ‘Received’ button which is in red.

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The next thing you do after that is to click on the refresh balance which is in the ‘user’ page

smartswaps.io review

You can do so many other things on the ‘user’ page which are as follows:

  • Withdrawal
  • Check your team
  • Check and edit your personal information
  • Check withdrawal record
  • Edit your wallet address
  • Copy recharge address
  • Changing of pay password
  • Logging out

Conclusion

That’s all I’ve got for the update of this new platform, the couple things that I’ve researched out. I am quite sure after reading through my Smart Swaps honest review you will be able to decide if it’s a legit opportunity or not. If you have question(s) do not hesitate to drop in the comment section.

If you enjoyed this writeup, make sure to leave a comment below, and if you want more of these writeups, make sure to subscribe to our email notifications to get notified, whenever I make a new writeup.

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