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Making Money From Bitcoin And Cryptocurrency-Part 9

Invest In Bitcoin And Other Types Of Crypto Currency And Crypto Coins By Joining The BitClub Network

· Bitcoin,BitClub Network,Crypto Currency,Crypto Coins,Cryptocurrency

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

Invest in Bitcoin and other types of Crypto Currency and Crypto Coins by joining the BitClub Network.

Author : Ben Krypto 9 Jan 2018
 

7. at 12.80 sell 10% (128x). 8. at 25.60 sell 10% (256x). 9. hold the last 20% (until you want to cash out completely). You can follow whatever profit-taking formula you are comfortable with, given your level of risk. The main thing to keep in mind is that you need to plan on taking some profit, if only to a) make it easy to hold your coins since you’ve taken your initial back and the rest is house money or b) you get some funds out from the market and lock in profit so you don’t regret if the value tanks due to a market correction later. GO BIG ON THE BEST, SKIP THE REST. Trying to throw a little bit into every single ICO may work, if the market is bull. In a bear market though, you will lose more often than you win, and when you win, you won’t win big. I rate ICO’s into 5 tiers. Tier 1 = Moon Tickets to Mars. These are the ground shaking ICO’s that are aiming to do big things in the crypto space and solve real-world problems. These ICO’s usually have stacked development teams with well-known influencers in the space. Everyone in crypto is talking about these ICO’s, and there is wide consensus that these projects will do many multiples out of the gate and end up in the billions for market cap. Tier 1 are Top 20 potential, with the best reaching for the coveted top 10 Market Cap spots. These projects are usually platforms and protocols, NOT dApps. Tier 1’s have the ability to do 20x, 30x, 50x, 100x, and even 1000x. These are the golden tickets. When you find one, sell your house, your car, and possibly your wife, to buy in.
 

These are your chances at real wealth. Examples of (past and current) Tier 1 ICO’s. ICON. Wanchain. Zilliqa. POA. AION. OMG. Ethereum. Tier 2 = very promising. These are ICO projects that have great potential. Sometimes these may be a bit under the radar, but they typically have strong teams with plenty of experience. They may not have the hype that Tier 1’s have, but they are very good bets. They are worth throwing down significant amounts. Examples. AELF. NEBULUS. Tier 3 = good. Not as hyped with better than average teams. The concept is unique and there is a strong use case. However, there may not be a lot of hype to the project. These are good for small buys, though they are riskier. Due to less hype, Tier 3’s may give very good returns in time. Tier 3 doesn’t mean failure, it just means the ICO may lack any hype at all and the team/project may not be strong right away. Some of these can be hidden gems. Many failures. These are the real gambles, but the ICO’s that most investors may have a chance of getting into. Tier 4 = mediocre. The vast majority of ICO’s fall into this category. Quick cash grabs by hastily assembled teams trying to take your money for a lifetime vegas trip. I would class most dApps into this category. Most of the coins that are Tier 4 have no real use (utility tokens that are not actually needed) or the ICO is trying to solve a problem that does not need to be decentralized. Many of the ICO’s shilled by YouTubers, in Facebook groups, and regular slacks fall into this category. You may still make good money with these ICO’s but they lack the hype and the fundamentals that Tier 1-2 ICO’s have.
 

I avoid these. Tier 5 = scammy shit coins. These are the scam coins, the shit coins, and ICO’s that are obviously shady. Invest in these and be prepared to lose your shirt. Unfortunately, many of the ICO’s popping up these days are Tier 5’s. Why Go Big on the Best? It’s better to go big on ICO’s you think can be huge wins. What would you rather have? putting $1000 into ten ICO’s that yield, on average 3x or to put $10,000 into an ICO that goes 50x? In the first example, you make $30,000 from your $10,000. In the second example, you make $500,000. Now finding the ICO that goes BIG is a challenge. If we all knew which ICO would do 50x, we would all be filthy rich. But that’s the challenge: sorting through the ICO’s and finding the winners. If you find an ICO that looks like it may be a huge win, my recommendation is to go big rather than small. Certainly go bigger on a few quality ICO’s rather than small on many ICO’s. PRESALES ARE THE NEW ICO. There is a dirty secret in the ICO world. By the time a coin hits ICO stage, you’ve already missed the biggest gains. You see, there is a definite if ‘secrete’ hierarchy in crypto when it comes to ICOs. Private Sale (i.e. strategic investors) > Presale > Public Sale (ICO) > Exchanges. The higher up the food chain you get, the more profit you make. Presales = Cheaper Prices. By the time you participate from an ICO, you will already be competing against investors who have more coins at a cheaper price than you have.
 

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