A few weeks ago, I was looking at various BitCoin opportunities that I had seen advertised. There was one called Gladiacoin that caught my eye, but I was suspicious about it. It might be legit, but it kind of smelled like a Bernie Madoff Ponzi schema based on the latest cryptocurrency craze.
This lead me to discover 1Broker – a trading platform. Now, I’m not a day trader, i.e. I never master the technical skills and the so-called “Greeks” to make my own trading decisions. However, on this platform, you can simply follow any other trader. Some of the top traders made 200-300% return on investment (ROI) in the month of May 2017.
What does it mean to follow them? When you click the follow link, a screen pops up and asks you basically two questions. How many trades per day do you want to make, and how much investment per trade.
One of the concepts of day trading, is how many losing trades can you maek before you go broke? However, these top traders have some smooth moves, and one of them is to limit your losses and let your gains run. In other words, when you make 25 trades, maybe half of them will be losers, but the losers might be for 1%, and the winners will be 1%, 5%, 10% or 25%. Day trading is not for people who cannot handle the small ups and downs.
I cannot promises you any successful results, but i can share with you what I did and what happened with my investment. As a first time user of the system, I put in a small amount of .5 BitCoin (half a Bitcoin, worth about $1200 USD. After my first two weeks, I had .645 BitCoint in my account (so that’s after any fees have already been taken out). That’s a 29% ROI in just two weeks.
I will be ecstatic if that continues. I did the math in a spreadsheet, and at that rate, $1000 will turn into $264,698 in one year if your let it compound at 29% every two weeks (and don’t withdraw any of the profits). At the same time, you are holding BitCoin instead of USD, so there’s a good chance that will continue to rise as well. So if BitCoin itself doubles in the next year, 2x $264,698 = $529.396.
Some of the top traders to follow are 3.14FX, Bruce Lee, and Ambroid.
Sign-up – If you already have BitCoin
If you already have BitCoin, you can try it yourself with this link: 1Broker
If you don’t have BitCoin
If you dont’ have BitCoin yet, I suggest you sign-up with CoinBase. It will take a few days. You will have to create a CoinBase account, and connect it to your Bank Account so you can Buy and Sell BitCoin (based on USD).
If you don’t want to go through that, you can set up a wallet and buy BitCoin from a local dealer.
The video below shows how to follow-through with these steps.
Then did BitCoin, the first cryptocurrency, make a 1000% price increase? I checked back on some old price charts of BitCoin, and it went from $.06 in 09/25/2010 to $8.05 07/18/2012, and to $62.50 in 03/23/2013, and to $641.23 in 11/20/2013. The reason I picked those dates are they are the closest dates to a power of 10 increase in the price. From $.06 to $6.00 is a 100 fold increase, and from $.06 to $60.00 is a 1000 fold increase, and from $.06 to $600 is a 10,000 fold increase. A 10,000 fold increase is the one that changes a thousand dollars to a million.
A 10,000 fold increase means add “four zeroes” to your original investment. So if you would have investmented $1,000in BitCoin on 09/25/2010 at $.06, you would have had $1,000,000.
So if you didn’t get in early on BitCoin, you can still make money. Some believe it will go from it’s current price around $2400 to $500,000 or $1,000,000 by 2030. But are there any opportunities today that can give you that 10,000 fold increase without waiting 13 years?
First, let me point out that after BitCoin paved the road, many other “alt-coins” followed. An alt-coin is some other cryptocurrency or digital currency that operates somewhat like BitCoin and can be traded.
The one that I’m investing is currently BitShares. It’s built on a platform that doesn’t harm the enviroment like BitCoin does. BitCoin requires tens of thousands of miners performing number crunching cryptographic calculations on special chips. That results in heat, and thus more cooling costs; so BitShares is much more ecologically friendly.
But beyond that, BitShares is 1000s of times faster than BitCoin. While BitCoin may or may not get improved in the future, BitSharea is currently capable of completing transactions in a few seconds instead of the 20 to 40 minutes it might take to confirm a BitCoin transaction. Alt-Coins and Crypocurrencies are still in intial adopters stage. Remember the first guys to have a TV on the block, or the first to have a pocket calculator, the first to have a video game, the first guy to have a cell phone or smart phone, and so on. There are always early adopters, typically the geeks who must have it first. But in the next two to five years, everybody else jumps on the bandwagon.
According to this blog: http://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter, there were only 2.5 million accounts that had money in them. That is .03% (under one third of one percent) of the 7 billion people on planet earth. If digital currencies become as popular as smart phones have, then
This article suggests that 70% of the people on earth will have a cell phone by 2020.
So imagine when cryptocurrencies go from under 1% to even 10%. This is likely to cause a huge spike in the prices of cryptocurrencies. As with cell phones, we have winners like Apple and Samsung and a few others, there will be some coins that win the race, and their prices will skyrocket.
I believe BitShares will be one of those alt-coins. Now, the amazing thing is that BitCoins today is like a pennystock. It’s cheap to buy, only $.07. That’s why I picked the closes price possible in my BitCoin example above (remember it went from $.06 to over $2700 at one point. That kind of profit makes Bill Gates and Warren Buffet look like ninnies. I think BitShares is set to do the same kind of price increase, and I believe it will happen in less time. It took BitCoin from 22 months to go from $.06 to $8.05, then only 8 months to go to $62.50, then only 8 more months to go to $641.23. But BitCoin was the pioneer. As people are now more accustomed to BitCoin and cryptocurrencies, hearing about it in the new everyday, the other coins will rise faster.
CSR is actually doing a Billion Dollar prize. The details aren’t fixed yet. But I believe it’s based on the idea that they are investing $1,000,000 in the BitShares Market Hero, and then expecting it to go up 1000 times in the next year or two, turning their $1 million into $1 billion. That means if BitShares simply goes from $.07 to $70 they will have achieved that goal. (Let’s do the math again – $.07 to $7.00 is a 100x increase, and $.07 to $70.00 is a 1000x increase.)
The Market Hero is a little hard to understand at first. I’ll save that for the next blog. But it’s based on BitShares and runs on the BitShares platform. You put your money in both BitSharea and the specific Market Hero to take advantage of a surge in each.
Disclaimer: I am not an investment advisor, and I cannot make any claim or guarantee of any kind. I just know that I will be investing in BitShares heavily in the next few months.
Bitshares is built on Graphene. Several sites and businesses thrive around the Bitshares/Grapphene ecosystem as shown on this diagram:
About 150 entrepreneurs met at Los Angles Center Studios May 26-28, 2017. Consumer Reality Services (CRS for short) is the brain child and materpiece of Matt Trainer. He’s a humble man who doesn’t like to be called a “guru”, but in effect, he has put together one genius of a system. Matt has stretched the limits of almost every business he has done, and admits there were ceilings in all of them. His goal is to invent a new business where there are no limits. He has built this business around four new and converging technologies: cryptocurrencies/blockchain, virtual and augmented reality, and crowdfunding. (Note: The videos on this blog are not from the conference, but they do showcase some of the speakers at the conference. It was so amazing to have them under one roof in one weekend.)
In the lobby of the studio, attendees were having fun donning VR headsets, many for the first time. A person could try the whale simulation, a 3D paint program, or a virtual job where you are given a virtual cubicle, and a robot/computer assigned you lowly tasks.
The conference was included key thought-leaders and influencers in each of the above fields, along with one of the best LED sound stages, sound and light crew, and really cool entertainers.
Mark Hoverson spoke on how he has used gamification to build his businesses: Limitless, Invisible Empire, and “The Great Lemonade Crusade.” He even provided all attendees a physical copy of his new paperback book that he just published. Gamification involves turning a business, product, or course into a game. Customers frequently purchase a product, then never use it due to the “creative burden”, i.e. not knowing what step to take. People love to play games, and they bought the course because it met some need or desire they had. But turning in into a game, and providing simple action steps, deadlines, and a reward system motivates people to use the product. This furthers customer satisfaction as they are happier with a course they benefited from and “played”, vs some course they bought, maybe watched a few videos, but never implemented. To start the gamification process, ask what the “hero” of your game would be like.
The video below is from a much older speech by Mark at a different conference, but it gives you an idea about who he is.
We had several workshops during the conference. At one point, we broke into groups of three, and practiced pitching your business, course, or website. Winners received souvenir collectible silver coins that Matt had minted with the CSR logo. Some people stayed Sunday to pitch their business on Matt’s pilot show of “Startup Hollywood”, a “SharkTank style” show, shot in 3D. In another workshop, we paired up and went through Mark Hoverson’s steps of how to gamify our existing businesses.
Long time martial artist and karate school owner, Jesse Elder, spoke on self mastery and some deep philosophical thoughts. My favorite quote from his speech was this question/answer: “What do you give the person who has everything? Amnesia.”
Greg Reid was our motivational speaker, who handed out more than 10 different best sellers he had written. Greg is the creator of an exclusive group calld “Secret Knock” (see videos below).
Below he quotes how Evander Holyfield said his secret to success was having a higher standard (showed up early, left late, invented exercises, had a higher standard and won more championships than anyone else ever will).
Dr. Doug, aka Douglas Brackman PhD, is a psychologist who has spent his career working with anxiety and addiction. He filled us in the last research and FRMI studies, and how are “two brains” work. He specifically talked about people seeing a coiled object, and they have to decide if it is a snake or a rope. Obviously, seeing a rope when it is a snake could kill you. But always seeing a snake (which happens more in stressed people) means who can pass on many great opportunities. We learned about the Central Nervous system and the Vagus (vagal nerve). When your old brain and new brain seamlessly blend, then you are in a state of flow. He also claims that everything is a game – your health, your finances, your life. Dr. Doug is excited about the prospects of using Virtual Reality for psychological training; he anticipates that he will be able to shorten three years of work down to 3 weeks, 3 days or maybe even 3 hours.
Stan Larimer and Michael Taggart spoke on what’s happening at BitShares. One of the biggest problems with BitCoin is that it is slow, where as BitShares operates at light speed compared to the horse and buggy speed of BitCoin. BitCoin can take 10 or 20 minutes to confirm a transaction; and that means it may never make it as a point-of-sale currency, like a cash registered at your local super market or pizza store.
The video below is by a different author, but it gives some of the same concepts
On the tech/hardware side, we had the star of the YouTube “Dronr” channel. He gave us a brief history of drones and camera/drones, and how they can be used in business applications: mapping, farming, inspection, surveying, modeling and delivery.
Manda Shelby spoke on VR – you can see her at 13:30 in the video below:
David Metzler from Serenity Venture Partners showed how any good business can get crowdfunding. his company consists of lenders who are passionate about creating and growing businesses. He demonstrated how you can stair step a startups financing in 3 phases, uses crowdfunding. This was not possible until after 2012, when the laws changed, allowing anyone to go out and do “general solicitation.”