Not only is the leading coin taking a hit, there are others in the same boat!
January 17, 2018
I've spent the past few weeks studying, researching and yes at times.. find myself wasting time doing something for nothing. That's something that nobody enjoys doing. But, it's not easy to research something and not put some funds into it so you get a good test. But, I did it.. I was able to apply, be rejected, approved or pending, pending or this site is not working. So, yeah.. learned a lot.. much more than I ever wanted too about this topic.
There is good and bad about even the money in most of our pockets today. Bad people will be bad people, they will find a way to get what they want. So, that is nothing new. And to assume about anything, well.. let's not go there as so many do.
Myself, I'm a “non coin holder” as I’ve not be paid, nor does anyone owe me any coins. Simply taking time to study, review and at times have tested apps, miner software, websites, exchanges, merchants and even options that can be used on your website to collect payments. Being a web designer, I'm asked about this mostly with the online stores.
Bubble
Whatever you want to call a $16,000.00 give or take a couple of thousand for 1 coin yes, that’s correct .. just one. Then a few days later, it's down to $10,000.00 if that's not a problem then there's much more going on than $5,000 drop. It's called.. the Tax Man comes. New laws, legislation and "control" and this will be a ripple effect causing many to stop, close doors.. the END.
Why is That?
Cause, some coins have dark shadows. Some are totally fake. Some are not allowed to do business with USA etc.. visa versa. Multiple taxes on taking $$ for Coin and then Coin to Coin, then Coin to $$ (fee's lots of fees) do you have a receipt? From who? And where's your documents that say you own these coins? It's going to get messy.. but, it's not the end.
Buying / Selling - Account Setup
Yes, of course you can buy percentages and there’s limits to how many can be invested. So, there is lots of homework to be done before you whip out that credit card and “buy coin” cause your in for a real eye opener.
Selfie Time
Break out those ID’s and Visa, Passports and especially that pen and paper with your own face, date, name of whatever place your trying to apply for a membership. Better have your address, name matching your name in your home. If you ever applied for a bank account.. it's like that, but 100% times more difficult. They are each different, not the same.
Right Coin, Right Time
The price for Bitcoin was pennies back a decade ago. Here’s a screenshot of the coins I’ve been keeping my ears on.. As in, listening to news, videos in my attempt to keep up with the “coin war” cause, that’s what it seems to be in reality.
Who’s going to break the mark that Bitcoin has set in place?
What coin will break the $20,000 price?
Can it make a come back, can it still exceed limits?
Take a look at this.. Notice, they are all BUYING!
Update:
About 8 hours later..
Overall, they will “ALL” take a hit, but I am most certain these will remain it’s just at what price will they become flipped.. My word for.. dead coins. (closed business, closed everything)
If you really want to make a change in this world, we as a human race should not invest in zillions of different coins. We also should not invest it just one coin or only what others say. Like me, I’m saying use your head.. Be yourself.
Strong holders.. Big moola, will not break but certainly will change.
Bitcoin
Dash
Ethereum
Litecoin
Monero
Ripple
Screenshot image is from one of the exchanges I’ve tested.
https://goo.gl/DCYftp - Take a look yourself.
Be sure and try the Virtual Trader - Test your skills before you invest.
Pros
Almost Instant Approval
Starting limit is 2000 Euro
The most easiest trading platform of all of the ones I’ve tested.
Cons
Min opening balance $500 US or your matching countries exchange rate.
If your country is approved.
To increase your limit, you’ll need to complete your profile (ID information, etc.)
Not bad, just this day and age the prove your not a robot is required ;)
One must accept the fact that the world is changing. It’s what we do with this “change” that will totally make a difference in your “wallets”.
Disclaimer:
Trading is a risk, do it on your own ability. Please do not invest more than you can afford to loose. This is a high risk currency .. mostly due to all the scammers out there. Trade wisely, or don’t trade at all. I am in no way telling you to do anything. Please seek professional financial advice before investing in to said coins.
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Currently I’m testing this exchange for the longest time of them all. So, far.. Still not a coin owner, but I’m prepared and ready to move forward.
If you're ready to start using the virtual trader - 100% free click this link as members can earn money to deposit for trades. https://goo.gl/DCYftp
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