Cryptocurrency investment and retirement planning – Jerry Banfield with EDUfyre
What is the most effective investment strategy with cryptocurrencies like Bitcoin, Ethereum, Dash, Ripple, and Litecoin? How can a cryptocurrency portfolio on an exchange like Poloniex be used to build an incredible retirement savings? Watch this class to find out! Which wallet do I use to buy Bitcoin and Ethereum to do the strategies I show you here? I use Coinbase at http://jerry.tips/coinbjb. If you use that link to fund your account with $100 bought or sold in BTC or ETH, you and I each receive a $10 bonus in Bitcoin! For getting started, I think Coinbase is the easiest. For investing $10,000 or more I recommend Bitstamp or Bitfinex.
In summary, the best method for making the most money with the least risk seems to be to bet the entire market and HOLD ON instead of trying to trade or speculate. Imagine if you had a chance to invest in the stock market when it first opened. Just betting the entire market would virtually guarantee success regardless of which individual stock performed well. In 2016 I tested this strategy and was very happy to watch the Bitcoin roll in as many altcoins I invested small amounts into grew rapidly. If I had simply left everything in there instead of making a typical new investor mistake of trying to trade and make even more, I would have many 3 to 5 times more than I originally invested with very little risk. The one big win I did get was betting it all on Dash which to date has changed my $10,000 investment in a masternode into what today is worth $72,000 AND pays out $100+ every week! What if I had choose poorly on another currency and lost all my money? What if instead I picked PIVX where I could have made 100 times my money and turned $10,000 into $1 million? Today I am ready to begin a long term strategy that will allow me to participate in all the greatest gains while minimizing my risk in any one digital currency. As I am listening to Unshakable and Money Master The Game by Tony Robbins, he consistently emphasizes the value of a balanced index fund as one of the most effective ways to invest for the average person interested in making a profit because this requires no skill with trading, no need to continuously watch the market, and makes holding on during a down time easy. In accepting reality, I see I have no time or energy to do trading. With all honesty, I am not smarter than you reading this or the other traders. I do not want to just compete and fight. I want to put my money into something I believe in and just leave it there indefinitely as a retirement investment package. The simple strategy I am starting to execute is to invest .5 Bitcoin into the top 100 currencies on Poloniex and other exchanges with whatever masternode rewards I get placed into Bitfinex which just has the very top of the digital currencies. Over time this should allow me to pay the least tax and get the highest reward with the lowest risk. If you would like me to make a complete online class showing each step to do this, would you please leave a like on this video? If over 1,000 people leave likes beside you, I will do live streams showing my progress each month! Here are the top 100 cryptocurrencies as of April 13, 2017 according to CryptoCurrency Market Cap.
Course Curriculum
First Section
PreviewCryptocurrency investment and retirement planning intro (4:31)
PreviewThe bottom line upfront buy and hold the whole market (8:14)
StartReviewing Bitcoin and Cryptocurrency prices from 2013 through 2017 (15:12)
StartWhat is the minimum amount to get started? (10:32)
PreviewBuying Bitcoin and Ethereum on Coinbase (4:08)
PreviewPrice averaging with daily BTC and ETH buys (5:05)
StartDepositing Bitcoin from my Coinbase wallet onto Bitfinex (5:03)
StartFunding my Poloniex exchange trading account with Ethereum from Coinbase (3:33)
StartBitfinex tutorial featuring my first trades (12:42)
StartBuying into the top altcoins on Poloniex (16:08)
StartRisks of investing in crypto (11:49)
StartWhen and how to cashout on Bitfinex (7:07)
StartIs the investment liquid and is there a penalty for withdrawing? (3:32)
StartDiversification versus sticking with one cryptocurrency (6:01)
StartBasics of paying tax on transactions (4:56)
StartAvoiding trading, exchanging, and speculating (7:11)
StartWhere is the price trending for Bitcoin and altcoins? (3:40)
StartIf already invested, stick with one or trade into others? (7:00)
StartWhich digital currency is the best to buy and hold? (6:02)
StartAre there potential risks to my bank account? (5:21)
StartIntro to live Bitcoin cryptocurrency retirement tutorial (10:26)
PLEASE CHECK ALL CONTENTS:
Delivery Method:
After your purchase, you’ll get access to the downloads page. Here, you can download all the files associated with your order.
Downloads are available once your payment is confirmed, we’ll also send you a download notification email separate from any transaction notification emails you receive from Vinlearn.
