The Method I used to Make Good Money off Cryptocurrencies

in cryptocurrencies •  7 years ago  (edited)

Greetings

I want to make a quick post on how I made a good profit with cryptocurrencies. This is a method that I still use and hope it still works and I am sure it will. Reminder, I can't promise it WILL work, but it did for me.

I started my Cryptocurrency wallet in late 2016 with Eth. I was very hesitant because I didn't know much about ETH, but still managed to get 100 of them. I started to do more research and looked in to other cryptocurrencies. The one that caught my eye was Ripple (XRP), I started to dig in about their team and their out look. I gave them a shot and bout around 75,000 XRP when it was at $0.005. Then that is when the movement started to happen, it went up all the way to $0.40 and I sold. You can do the math on the profits. I then managed to put it all in ETH went it was at $45.

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The key here is to find the coins with true potential that are dirt cheap. At the moment I own large stakes in Siacoin, Steller, Reddcoin (the biggest gamble) Earthcoin, DigByte, Bitshares and WeTrust, which are all dirt cheap. I think and hope that the current bull run that we have been experiencing these past few months will keep going until plenty across the world adopt it. I too think that all coins will eventually hit the $0.10 and above. This method will help you until the bubble pops. The pop I am anticipating will occur sometime next year, unless another MtGox incident happens. Just like the Dot Com bubble of early 2000's happen we will see it happen again with cryptocurrencies. When that happens, the real players will survive and the market will recover. We are still in the build up phase, so start to stock up, just have faith.

Any cryptocurrencies you guys think have potential, please list bellow.

Thanks

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@kyle.anderson I like your knowledge. Any thoughts?