With the recent drop in the market due to coinmarketcap deciding to exclude the South Korea outliers there is a lot of FUD. You made a decision, HODL! Nevermind, your friend just texted you about some new partnerships that will be announced, FOMO kicks in and you sell the one coin that you really believe and has more than doubled your money hoping to catch a ride to the moon, sell high and then increase your stake in the coin you really believe in. You have made so much money already, so what if I lose a thousand, two thousand, I could make another ten. And you pull the trigger. You realize you don't know enough about technical analysis. Candles, depth, MACD etc. You don't know enough to make an informed decision, but you convince yourself otherwise. You start to see the patterns, there is a bull run coming and you are about to miss it. The guy you follow on youtube seems to think so as well, so does your friend who is all of a sudden an expert because he started 2 weeks before and has 10 times more money than you.
You pull the trigger and you are obsessed. You watch the candles, and the coin you bought starts to go down vs the pair you used to trade it. You give it five minutes and it keeps getting worse. Against reason, instead of investing one thousand you invest five. After all, if the coin hits a dollar, you want it to make you big money so that its worth the risk. You wait another five minutes and realize you bought at the high peak. You start to get nervous. If you go back now you will be losing 10% of what you put in there. Just like that in 10 minutes. There is a big tweet from the creator of the coin you want to increase your stake on, you freak out but you have done this in the past, you can't afford to lose once again. Another 1%, now FOMO is on the other coin and you go back just to be safe.
Feels familiar? Well, don't worry. Kucoin (a profit sharing exhange) is here to earn you passive income in order to make you feel better. When I discovered Kucoin, I had just missed big once again when my friend assured me that bitcoin would make a run to 20 and well, it didn't. Even though I have doubled my money, I am sure I would have more if I wasn't trying to play a game where in all honestly I am the one who is being played. Enter Kucoin shares (KCS) and the ability earn coin everyday based on the fees that they charge.
The first thing I did was look at their reviews and I learned they are an up and coming reputable exchange. Then I looked at KCS, which at the time was aroun 7 dollars and now is about 18 and I was hooked. I went ahead and pulled the trigger once again and I got some KCS and NEO from the exchange, which unbeknownst to me also gives you GAS income for keeping your NEO in there. My results are shown in the screenshots below. They show my GAS income, the amount of different coins I know hold thanks to owning about 43 KCS for two days and what I got as a bonus by inviting my friend to the exchange and having him trade for POE
Now, there are lots of places that explain how Kucoin works, but I am adding the following link that explained what I needed to know directly from Kucoin themselves.
So how can we all help each other. Well, we can get shares not only by owning KCS but by inviting people to the site, so what I will propose to the community is the following. If you have not joined Kucoin yet, use my inivtation link and promo. Once you are done signing up, post in the section below and say you have joined using my code and post your own link and promo code. Then the next person replies to that comment follows the same process using not mine, but the last person's code. After 5 people reply, create a new comment using my code again, and the process starts over again. If you already have a Kucoin account, feel free to drop your link still, we are all here to help each other.
I hope this is useful and it helps rookies like myself make some good money through better exposure. Good luck.
Invitation Link: https://www.kucoin.com/#/?r=1u2dc
Invitation Code: 1u2dc