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Category: All about cryptocurrency

Make Money with Bitcoin

Make Money with Bitcoin

It is now time to get back in the cryptocurrency market as volume of trade picks up in beginning of April 2019. Many cryptocurrencies have increased significantly in price and giving crypto traders a very health profit.  Is it too late to get back into the game now? Could we make money with Bitcoin?

Experts are predicting it will go beyond $10,000. Some say it will go as high as $30,000 or $100,000. At this moment it is around $9,200.

As for me, I don’t believe it will go up to $100,000, but $30,000 is possible. 

If we look back at the history of bitcoin, we can see that each time it dropped back and will go higher than the last time.  Will history repeat itself?

What are the main reasons for bitcoin to rally?

  1. Facebook announced that they will launch a new digital currency next year.  When more businesses are interested in digital currencies and it will be good for bitcoin.
  2. More exchanges are offering margin trading and also investment companies have included bitcoin as a product.
  3. Some says because of uncertainly in the share market, investors are buying bitcoin as insurance.

The number of people who are newly investing in bitcoin has increase significantly.  It is just like gold rush.  It is a good time to get in, but wait for the pull-back before you invest.

If you are new to bitcoin investing and don’t know where to buy bitcoin in Australia. I recommend a good and trustworthy website, click here to join.

Earn a passive income with Kucoin

Earn a passive income with Kucoin

Kucoin Cryptocurrency Exchange

Kucoins are issued by Kucoin Exchange – a digital exchange for trading cryptocurrency based in Hong Kong. They have a low trading fee.  It is especially good for those who want to buy new coins, some of the coins are not traded in other exchanges.

They have a generous bonus system.  50% of the daily income is used to pay as bonus for people holding Kucoin. As the moment you can earn around 5% per year by holding Kucoin.  The bonus is issued daily therefore you can compound your Kucoin holding. To generate a good passive income, you just need to stake a substantial amount of Kucoin.

You can also earn more bonuses by introducing other people to join their exchange. If you want to join, click here.

Benefits of Kucoin exchange:-

  1. Low trading fee compare to other exchanges.
  2. Trading competitions are held frequently to new coins entry to the market and lots of prices to won.
  3. Generous bonus system. 
  4. Good website security to save-guard your assets from hackers.
  5. Easy to use interface for trading and also transferring your coins in and out.
  6. Every quarter, they have a coin burn to remove some Kucoins from the market.

At the moment, the Kucoin is trading at a bargain around $1.20.  It went up to $20 at one time in 2018.  Therefore, it is a good time to accumulate this coin if you want a passive income.  There are further potential for gain when the price of Kucoin increases.

The other good news is volume of trade in Kucoin Exchange has been slowly increasing and that means, the value of Kucoin will increase with time.

KuCoin Exchange and KuCoin Shares

KuCoin Exchange and KuCoin Shares

KuCoin Exchange and KuCoin Shares

Normally,  I don’t recommend any coin to my visitors but I found something which is very good and could not resist the urge to tell you about it.  I have been trading cryptocurrency for a while now and I have been using Bittrex.  They charge 0.25% fee per transaction and I thought it was quite reasonable, but I found a better exchange.  This exchange is called KuCoin, the commission fee is only 0.1%.

The reason why I want to join another exchange is the coin I want to purchase is not listed on Bittrex.  Let me tell you what I learned about KuCoin.

KuCoin is an exchange based in Hong Kong.  They started just a few months ago in September.  Since then their membership has increased dramatically.  At the moment, some of the big exchanges (Bittrex, Binance and Cryptopia, etc) have closed their doors for new sign-ups, because far too many people want to sign-up and they cannot handle this big volume. If you want to join an exchange now, KuCoin is a good choice.  Click here to join.

Besides low fee, KuCoin offers daily dividend for their coin holders.  It is called KuCoin Shares.  KuCoin Shares has been increasing in value very quickly and is sitting on position 70 on Coin Market Cap. Any coin within the top 100 is considered to be good.

The dividend comes from 50% of their daily earning.  It is distributed to the KuCoin Shares holders in coins which is traded on their exchange.  The more KuCoin Shares you have, the more bonus you get.  Every 100 shares you have, you will get a little bit of each coins in the value of $0.2924.  Since you are earning more KuCoin shares each day, so the value is compounding plus increase in value of the coins you are getting.  Also, the number of customers are increasing daily, their revenue will increase and more dividend will be distributed. Therefore, it is an excellent coin to hold for the long term.

The video below will explain how the KuCoin bonus works.

Besides bonus, they have prizes to win.

The price of KuCoin is at a very reasonable price level for investment.  Don’t delay.

I am no financial adviser, so you need to find out more and decide if this is a good investment for you or otherwise.  Click here to visit their website and check them out.