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Cryptocurrency Guide Joff Paradise
Home2019-09-13T04:57:53-06:00
Cryptocurrency Guide by Joff Paradise

Cryptocurrency Guide

UNDERSTANDING BITCOIN

Is it a Scam? or an Amazing Opportunity?

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The more you learn, the better for you.

Dismissing an opportunity based on uneducated opinions, false reviews, or anything other than the facts could be a costly position to take. Joff Paradise provides this brief cryptocurrency guide to encourage investors to make informed decisions about opportunities. After all, while Bitcoin may not have turned out exactly the way its creator envisioned, it has most certainly been a huge success and is nowhere near done.

WHY ACQUIRE BITCOIN

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Many older investors think crypto is a scam and have zero intention of owning any – they also think it will be banned by governments eventually. Actually, five to ten years from now, it is likely all financial transactions will involve cryptocurrency and the blockchain. Those companies that discover and develop use-cases for the Bitcoin blockchain and ways to monetize it, as well as informed investors, will become huge successes. Elements of this handy cryptocurrency guide can help you make good choices.

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WHY TRADE BITCOIN

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Trading online using the exchanges is generally easy – but very risky for the inexperienced. Some traders use algorithmic trading bots to do the heavy lifting for them, and some of the best returns occur on days when the crypto-market is most volatile. Automated trading with a stop-loss in place allows inexperienced traders to earn Bitcoin instead of buying more with cash. Returns over the course of one year can be substantial, and while there is no guaranteed ROI, trading consistently can produce profitable gains.

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WHY STOCKPILE BITCOIN

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Crypto-analysts point out that the potential gain in BTC is more than the potential loss. Bitcoin is considered as commodity money, so when you hold bitcoins, you invest in the same way you might invest in a business with fiat money. With Bitcoin you are not required to tie your money up for years to make a profit – you can gain instant access and liquidate anytime. However, the longer you hold (aka “hodl”) Bitcoin, the more it will be worth given what’s currently happening. Holding on to Bitcoin may prove to be a very smart move in the future.

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WHICH SCENARIO IS IN YOUR FUTURE?

One who acquired Bitcoin, and is rewarded for having done so.
One who did not acquire Bitcoin, and wishes they had done so.

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Current Avg Market Price: $7525.4
Current Circulation: 18,088,325 of 21M

MORE ABOUT BITCOIN

While some roll their eyes at Bitcoin, others see it as the future of money in an Internet age. Dismissing cryptocurrency at this early stage could be a costly mistake and one this cryptocurrency guide intends to you avoid making. There has never been anything quite like Bitcoin and it is not likely to “go away”. Even if you have no interest in investment, you owe it to yourself to be informed and knowledgeable on the subject. Joff Paradise has created a collection of explainer videos to help you learn about cryptocurrency.

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