For many people, cryptocurrencies are completely foreign and relatively daunting. At least that’s how I felt before I got involved in the cryptocurrency market. That is until I made my first million with Bitcoin…
In 2010, I was working in a swanky, downtown hotel, and though my paychecks were consistent, I never seemed to make more money than what was needed to pay my bills each month. The hours were long, the customers not always pleasant, and I constantly felt like I couldn’t catch up. That’s when I overheard two hotel guests talking about buying a pizza with something called Bitcoin. They said that soon enough this so-called Bitcoin would be well over $1,000.00. Not knowing the term Bitcoin, I was certain that it was the name of a company, brand, or stock that I needed to consider for extra income.
When I checked about Bitcoin, I realized that it is a digital currency that to buy, I would need to activate a digital wallet, send money from my bank account, and then wait until the money was in my account. With all that was needed, it would have been weeks before I could purchase my first Bitcoin. So, I opted out – I took the option of buying Bitcoin off the table and instead prepared for another early morning of work the next day.
Fast forward 6 years and a few similar-type jobs later, and I saw an advertisement about trading Bitcoin instantly using CFD’s. As 6 quick years had already passed, I decided that I was no longer going to be inactive and let this opportunity slip-by, again. I had heard that Bitcoin was booming and I was confident that the time had come for me to finally be successful.
I started looking into the advertisement I had seen and found out that with CFD’s I would not need to wait or pay high fees, rather I could in fact begin trading immediately. In short, a cryptocurrency CFD, or contract for difference, is a contract between a buyer and seller, in which the seller typically pays the buyer the difference between the crypto asset’s current value and its value at the end of the contract. So, not only did CFD’s give me the option of trading immediately, I could also take profit and transfer it to my account without any waiting.
While each trader has different preferences, I found trading crypto CFD’s to be the simplest and most reliable. Along with offering the most variety, crypto CFD trading is relatively simple, as you can trade without a digital wallet and your account is setup in less than a minute. Moreover, it is considered reliable as most crypto CFD platforms utilize high levels of security. So, after seeing countless advertisements and reading a lot about the industry, I felt that I had the potential to thrive with CFD’s, especially as Bitcoin was taking off.
See, over the past few years Bitcoin has experienced significant growth. And in looking at the chart below it’s no wonder why. As there are only a limited number of Bitcoins in the world, the rising demand has pushed prices sky-high.
Since its debut in 2009, Bitcoin has gone from essentially worthless to having a market cap upwards of $60 billion. Accordingly, the pizza that I heard about in 2010 was payed for with 10k Bitcoins, which then totaled $41.00 and now totals nearly $25.5 million. Bitcoin hit its first major milestone in late 2013, surpassing $1,2000.00 on one exchange. Though experiencing a downfall in 2014, Bitcoin was bound to bounce-back, along with a variety of other cryptocurrencies.
Today, Bitcoin is just one of over 900 cryptocurrencies and crypto-assets available for trading. Along with Bitcoin, other forms of cryptocurrencies like, Ripple, Litecoin, and most recently Bitcoin Cash, have all seen massive growth throughout the past few years. Though gaining the most attention and ranking second behind Bitcoin is Ethereum.
A year after the Ethereum Foundation raised upwards of $18 million in a month-long crowd-sale, the Ethereum network was launched in 2015. Causing big market movements, Ethereum has continued to climb, becoming a favorite among cryptocurrency traders. In the first three months of 2017, Ethereum surged 3,700% to close on June 30 at $294.92 after starting the year at $7.98. Though Ethereum and many other cryptocurrencies have emerged over the years, I’ve always stuck to trading Bitcoin.
Due to Bitcoin’s massive growth and the time in which I entered the market, my dream of success finally became a reality. Within 6 months of trading Bitcoin using CFD’s, I was up nearly $500,000.00. As if I couldn’t already believe my good fortune, the next day – Thursday, December 22nd, 2016 – Bitcoin’s total value burst past $14 billion to hit a fresh record high. And, as of that moment, I was officially a millionaire.
As I continue to trade Bitcoin using CFD’s, I’m always amazed by the amount of profitable opportunities that are available in the current cryptocurrency market. Bitcoin specifically has recently risen to unprecedented highs, with no signs of where its rally may stop. Since dropping to around $1,900 in July, the price of one Bitcoin has surpassed $4,000, rising as high as $4,225. Moreover, Bitcoin’s recent upward trend has sent its market capitalization to fresh highs, nearing $73.5 billion and within touching distance of major stocks like Netflix.
So, if you want to turn your dreams into reality, don’t wait like I once did. Join me and register in less than 5 minutes below.