Friday, 13 October 2017

I Venture Into The World Of Cryptocurrency

Last weekend, I finally opened 2 trading accounts to buy cryptocurrencies. I may be a bit late to the game but it's always better to be late than never. I believe in the growth potential of virtual currency. Imagine paying for goods or services online without being subjected to exchange rate losses. As long as demand is higher than supply, we can expect the price of the currency to rise. Do you know there is a limit to production of cryptocurrency like Bitcoin? For Bitcoin, the total supply is set at 21 million. Current circulation is already over 16 million.

I believe as more people understand about benefits of virtual currency, they will jump onboard. People are also now trading different virtual currencies similar to Forex. I am treating cryptocurrencies more like an investment in which I will hold and buy more if the price drops. To learn more about bitcoin, visit this site: https://www.weusecoins.com/.

I have 2 exchange accounts. 1 of them is with coinbase. If you are interested in opening an account, please use my referrer link https://www.coinbase.com/join/59d9baf7b47db500ce08c9a5 so we could both earn some free bitcoins.

The commission fees is 4% which may sound expensive at first. But the 10% free coins would offset the fees. However, take note it is only for the first S$135 spent on bitcoins within 180 days of opening account. I bought my cryptocurrencies using credit card. It also supports bank transfer through Xfers. I am in the midst of opening an Xfers acc.

My free bitcoins! Hurrray!

There are 3 cryptocurrencies that could be purchased through the site: Bitcoin, Ethereum and Litecoin. For Singaporeans, we are buying using SGD so there is no exchange rate loss.

Video Title: Why Litecoin WILL GO TO THE MOON! Best Investment in 2017!

Litecoin Price Chart

There is another exchange which I have an account. The exchange is coinhako. The fees is only 0.9%. However, it does not support credit card payment. There are only 2 currencies traded, Bitcoin and Ethereum. Please use my refer link here if you are interested in opening an account. Currently, there is a promo code to get 0.7% fees instead of 0.9%. If you believe in the future of cryptocurrencies like me, start taking action today!

John McAfee "Bitcoin is Not a Bubble" August 2017 Update

John McAfee is the founder of the antivirus software company. It's time to sit up and pay attention when someone reputatable bet eating his own manhood on national tv.