You’ve undoubtedly heard the stories of individuals who hopped on the Bitcoin wave and have made a fortune with their minimal investment. If you are someone who has wished that you got on the bandwagon earlier while Bitcoin was still very inexpensive to get into, this article is for you. I would like to instruct you on the best way to make money buying cryptocurrencies and altcoins possible while minimizing your risk. Before I go any further it is imperative that you sign up for an account on Coinbase and Binance to get started.
#1 SIGN UP for an account on Binance (it’s free): SIGN UP HERE
#2 SIGN UP for an account on Coinbase (it’s free, and you’ll receive $10 in free Bitcoin): SIGN UP HERE
Once you’ve signed up for both a Binance and Coinbase account, you are ready to start investing in cryptocurrencies and altcoins to broaden your investment portfolio and reap the rewards that this new market will yield in the next few short years! I’m going to explain how to turn a minimal investment into a fortune if the market continues as it has. You don’t need to spend thousands of dollars to have enough skin in the game to make a huge return on your investment. You could get started with as little as $100 and potentially turn that minimal investment into a fortune in the next few short years if you pay attention to the information that I am about to explain.
About Cryptocurrencies and Altcoins
If you’ve come across this article and are ready to start buying cryptocurrencies online you likely already have a basic understanding of what a cryptocurrency is and what its intended purpose is, but if you don’t, I’ll give a basic understanding of what they are and what problem they solve. A cryptocurrency essentially is a virtual (or digital) form of currency that is designed to work as a medium of exchange for goods and services, just like the US Dollar or other physical currencies. The main difference however, is that cryptocurrencies use cryptography to secure and verify transactions, and also to control creation of new units, or coins, of a specific cryptocurrency. To further broaden your understanding, cryptocurrencies are limited entries within a database that are unchangeable without specific conditions fulfilled.
Arguably Bitcoin is the only cryptocurrency that can be called a “cryptocurrency” because it was essentially the first, while others such as Ethereum, Litecoin, XRP, XLM, XVG, and virtually every other digital currency would be referred to as an Altoin because they are an alternative to “Bitcoin.”
Making Money With Cryptocurrencies and Altcoins
Because Bitcoin has already seen a huge surge in price, and it is unlikely that a new investor with limited funds will be able to make any money buying Bitcoin, altcoins are likely to be the long term solution that an early investor with limited resources will be able to take advantage of. Now, to the stuff that you came to the page for, investing in some undervalued altcoins to make you rich in the next few years!
XRP is the coin offered by Ripple, which is currently undervalued in my opinion. The coin was offered at a fraction of a penny when it initially became available, and is currently trading at approximately $1.60 per coin right now. The projection is that if XRP can make it to $10, that it will easily make it to $1,000 which means that if you invested $100 in XRP today at $1.60 you would own roughly 62 XRP. When the price skyrockets to $1,000 per XRP you will have $62,000 with your mere $100 investment today. The price continues to fluctuate daily, and sometimes will go up and down by $1, but if you can hold through the scary times, even buy more when the price is low, you will see a HUGE return on your investment when the speculation of other investors will cause the price to skyrocket to the moon. Here is a video showing you exactly how to buy XRP in Binance. If you are still unsure how to buy XRP then I encourage you to contact me here and I will walk you through it step by step to make sure it’s done right. If you already own ETH then I give step by step instructions below, but if you don’t already own ETH please watch the second video first before watching the video directly below.
If you don’t already own ETH then I will show you exactly how to buy ETH and then transfer your ETH to your Binance wallet so you can buy XRP using your ETH.
Another undervalued altcoin is XLM. Currently trading at approximately $.50 cents per XLM you could see huge gains by investing in this altcoin. If you spent $100 you would be able to purchase 200 XLM, and then in the future if the price reached $500 per XLM then your $100 would turn into $100,000. The company Stellar Lumens advertises the ability to move money across borders quickly, reliably, and for fractions of a penny. Their mission is to change the way people pay for goods and services through digital payments that cost next to nothing. While my numbers are purely speculative, you can see how just a small investment can return a huge reward in the future for those investors that will buy now and hold their investment for a few years when more and more individuals start to invest in cryptocurrencies and altcoins. Here is a video that will show you exactly how to purchase XLM in Binance.
Another altcoin that is currently a GREAT buy right now, trading at approximately $.08 cents per unit is TRX. If you invested $100 in TRX you would be able to buy roughly 1,250 TRX, then if the price went up to $100 per TRX you would then have an investment valued at approximately $125,000. These types of gains are realistic if speculation continues and investors continue to move towards digital currencies. If you would like to get involved in TRX, check out my video below teaching you exactly how to buy TRX in Binance.
Another undervalued altcoin is XVG, or otherwise known as Verge. Verge prides itself in making transactions anonymous to prevent governmental control or restrictions and they recently had some news surface that it wasn’t as anonymous as they had indicated. However, with recent developments they are working to make a comeback, and if they do, could send the price of their altcoin high making it a great potential investment for a new investor. It’s currently trading at roughly $.11 cents per XVG, so you could purchase a bundle of them at a fraction of what they could be worth in a few years. Right now is the ground floor and it’s exciting to wonder where it could go! To the moon?! Here is a video tutorial showing exactly how to purchase XVG using Binance.
The examples above are purely speculative on my part, but should serve as an idea to what kinds of gains can be expected based on an initial $100 investment today if prices were to increase to the levels in my analysis. If you invest, be sure to invest money that you can easily afford to lose as the cryptocurrency market is a volatile market and has an uncertain future. I take no liability if you use the information provided above and lose your investment. I can tell you that I personally do own cryptocurrencies and altcoins and am very happy with the returns that I have personally received to date and am optimistic of the future of digital currencies, and wish you the best in your investing!
If you have questions related specifically to buying, transferring, or anything else cryptocurrency related please feel free to reach out via my contact page.
I am looking forward to getting rich with you!