It’s completely ok if you missed the Bitcoin wave or found out about Bitcoin a little late because, in this article, I’m going to teach you to find the next Bitcoin to invest in and here’s the crazy part:
You’re going to pay a fraction of what Bitcoin used to cost 2 years ago…
About a year ago, this day, Price of a bitcoin was about $900. By the time I’m writing this article, Bitcoin is going for $10,000 or more, because it solves a problem.
Thousands of cryptocurrencies exist at this moment and most of them are basically copying each other, or the Bitcoin itself. It’s not that hard to find the next winner if you know what to look for, and that’s what I’m going to share with you here.
Take a look at Ripple as an example, when I invested in it, it was about 15 cents, but right now, it’s going for about $0.30. Finding patterns and companies that have a potential can make you rich in no time.
If you want to learn this strategy in details on video, LIVE, you should check out my Never Losing Cryptocurrency Formula program.
Before I go into details of each one, watch the video below to get an idea of what you’re about to learn here:
Let me teach you a word that will change your life: Altcoin
Altcoins are basically alternative cryptocurrencies to Bitcoin and their market is actually BIGGER than the Bitcoin itself. These cryptocurrencies are usually cheaper than Bitcoin, ranging from less than a cent to $2,000 in USD value. All you need is to find a good one that passes through these 5 basic filters (more advanced ones inside Never Losing Cryptocurrency Formula program):
First, you need to buy Bitcoins from a public exchange like Coinbase, then transfer it to a more advanced exchange website like Bittrex to buy altcoins.
Then all you need to do is to visit Coinmarketcap.com, find currencies that are less than $1 and have a market cap of over $600 million dollars. Click on the coin name to get all of the resources related to the coin. The page is going to show the price, the community, official website and more.
Now, it’s time to see if the coin itself is worthy to invest. Here are 3 things you should look for when investing in new altcoins (more here)
#1: Does it solve a problem?
How useful is this? Does it have a real-life use and will it be used by people of companies? If the altcoin is trying to solve a problem that doesn’t need solving or there are already many solutions to that problem, you should probably stay away from it. Some alt-coins these days are coming out with ridiculous solutions, like “quick transactions” or “anonymous money transfer”. These problems are already being solved by cryptocurrencies like Ripple or Bitcoin and we don’t need another company to do the same thing.
#2: Does it have a good team?
Where do they come from? Have they been involved with other cryptos before? Are they backed by anyone, and what kind of experience do they bring? The alt-coins that have done the best and have the highest market caps have the most proven teams and built by people who have had experience in massive internet companies like Google, Amazon, Twitter, and Facebook. For example, one of the founders of Ripple was the former CEO or Stripe, a massive online transaction company.
#3: Does it have a good community?
A coin is as good as it’s community. If people aren’t following it or not involved with it that much, it means that the coin isn’t there yet. Take a look at the Reddit page of the coin (you can find it on the social tab of the coin market cap website) and see what people are saying about it and how involved they are.
If you can answer these questions, then it’s likely that the coin you’ve chosen is a good investment. As I mentioned before, there are more things you should be looking into which will make this article extremely long, so make sure to check out the never losing cryptocurrency formula for more information.