Sunday, August 12, 2018

Cryptocurrency Institute's "Cryptocurrency Codex" Review


Cryptocurrency Codex Review

*Please note: The information provided is not financial or legal advice. Please consult a professional before making any decisions. We are not responsible for any actions undertaken after reading this blog.


Product Description:

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Anybody who has been online this past year would have seen all the hype and drama over cryptocurrency. Everybody seems to be involved in it… and yet, there are many who are interested in it but don’t have a clue where to start.

Etherium? Bitcoin? Litecoin? Ripple? – It might as well be Greek. Over and above that, terms like blockchain, mining and tokens make things sound even more complicated. To the beginner, this can be intimidating and even overwhelming.

Thankfully, there is an online program that has become a runaway hit with thousands of satisfied customers and several positive reviews. This Cryptocurrency Codex program was created by a retired economist, Pat Kendrick. He runs the Cryptocurrency Institute to help people get started in crypto trading and see success.

It’s a course that will teach you all you need to know to start trading in crypto. Let’s take a closer look and see if it delivers what it claims to.

The Good Points:

1)     For starters, the program is laid out in a systematic manner. Just by following through with the plan, beginners will understand the terminology and concepts that make up the world of crypto trading.

Knowledge is the most important factor here. You cannot go in blind with a rudimentary understanding or you’ll lose the shirt off your back. You MUST know what you’re doing… and Cryptocurrency Codex will give you the skills and insider tips.

2)     The program has social proof. With thousands of customers and positive reviews, it looks like this a course that will truly help you.

3)     There are several bonuses that accompany the course:

·         Fast Action Bonus #1 – Ask Me Anything Private Facebook Group

·         Fast Action Bonus #2 - Cryptocurrency Trading Crusher Video Course

·         Fast Action Bonus #3 - Cryptocurrency Mining Mastery Video Course

·         Fast Action Bonus #4 - Cryptocurrency Storage Secrets Video Course

·         Fast Action Bonus #5 - Unlimited Lifetime Updates to the system

All these bonus videos, updates and access to the private Facebook group will help you to understand the trading process, and you can always get help from the Facebook group. You’re not left stranded.

4)     Despite cryptocurrency being a technical topic, the modules are presented in a way that is simple and easy to understand. This will really help beginners to get a strong grasp of the fundamentals.

5)     The insider tips and information such as the ’10 Crypto Commandments’ will be extremely useful to inexperienced beginners. These tips will greatly reduce their learning curve and give them an edge in securing profitable trades.

6)     The hard truth is that one must be wary and cynical when faced with offers like these. Fortunately, there is a 60-day money back guarantee for this course. That immediately makes it a risk-free purchase and elevates the standing of this offer. If it was a fly-by-night operator, there would never be a refund policy in place.

7)     The system shows you how to use small amounts of ‘seed money’ to generate massive returns many times over. So, you don’t need to save up thousands of dollars before you give crypto trading a try.



The Bad Points:

1)     While the program reduces your learning curve, there is still a learning curve involved. It’s imperative that you take things slowly and understand the terminology and workings of cryptocurrency before risking your money. Be patient and thorough in your approach. This is not a ‘get rich quick’ scheme.

2)     Like all types of trading, there is always the risk of loss. You should be mentally prepared for this and only trade with money that you can afford to lose. Do not put yourself in debt just to dabble in crypto. This is NOT gambling.

3)     Cryptocurrency Codex is only available online.

Should You Get It?
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There is big money being made daily in cryptocurrency trading. 

If you wish to be a part of it and rake in the profits, it’s best to get training from an established and proven site.

Cryptocurrency Codex will help you navigate through treacherous crypto waters and get to the point where you know what you’re doing without having to suffer any major losses. 

Thousands of people have signed up for this and are getting positive results. If they can do it, so can you. Get Cryptocurrency Codex and successfully transform your seed money into profit. Money loves speed. Get started today.

What Is Bitcoin – The Basics


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*Please note: The information provided is not financial or legal advice. Please consult a professional before making any decisions. We are not responsible for any actions undertaken after reading this blog.

Bitcoin is in the news, usually with some startling information about some guy tossing out his old computer for recycling with his only bitcoin wallet on the hard drive. His old wallet has the only access to hundreds of thousands of dollars’ worth of bitcoin. And it’s gone.

Or you read the predictions about the bitcoin that was worth 39 cents in 2010 and $500 in 2016 skyrocketing to $100,000 by the end of 2018.

Online stories about the unregulated aspect of digital currency open up scenarios of a criminal element using this form of money transfer as a way to pay for illegal transactions across international borders. 

There have been some spectacular drug trafficking crimes that were uncovered where bitcoin was used to pay for drugs.

It might seem like a currency such as bitcoin that is not regulated as a bank transaction might be is a great way to carry on a lot of sneaky secret illegal deals. 

The reality is that every bitcoin transaction is a matter of public record. When you buy or sell bitcoin, there is a transaction recorded in the bitcoin blockchain.

Check out "Cryptocurrency Index" >>>HERE<<<

Sure, your identity is not part of that record so that part is anonymous.   

The actual transaction is anonymous from that point of view but it is not private. There is a public ledger – the blockchain – that is open to the entire world. 

Anyone who wants to explore it can go through every transaction from day one to the last few minutes.

The FBI has made it clear that they have the technology to follow the bitcoin trail. So do other law enforcement entities. Bitcoin is not the secret that criminals like drug dealers might think it is.

When what most people see about bitcoin are stories covering the unusual or startling stories, there is a tendency to feel that bitcoin is something that regular people cannot or do not want to use.

Another thing, in spite of the bitcoin images displayed in stories about it, such as a pile of gold coins, you cannot hold a bitcoin in your hand. It’s digital. When you go to the grocery store and use a debit card, no actual money changes hands. That’s digital.

There is a difference between that kind of digital and bitcoin digital because with your debit card, the money is in your bank account because you deposited a check or cash or your employer deposited your paycheck. 

The bank acts as a third party, sitting between you and where your money comes from. If your employer paid you in bitcoin, the deposit would come directly from the employer to your bitcoin wallet.

There are no bank charges and there is no danger of hyperinflation. The market cannot be flooded with bitcoins so your stash will suddenly become worthless.

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Until more people start using bitcoin, most of us have to go through an exchange to buy bitcoin.

Here is something else that throws people off. The latest price of bitcoin as of November 2017 is $7,699.94 USD. The price may vary, depending on where you buy it. 

Some exchanges may increase their price so they can make a tiny profit on each sale. At coinbase.com, at the same time, a bitcoin costs $7,758 USD.

What throws people off is that they think they have to buy a bitcoin and that is a lot of money to lay out if you are new to the idea of digital currency and afraid of losing your money. You do not have to buy a full bitcoin.

Here is an example. A local exchange is selling one bitcoin for $8,738.48 USD (the same day as the price is set at $7,699.94). You can go to that physical location and buy $20 USD worth of bitcoin which works out to be 0.00228873 bitcoin. For twenty bucks, you can buy a fraction of a bitcoin. If the price did double in the next four months as some predictors suggest, your fraction would be worth twice what you paid for it. 

If you want to learn more about bitcoin and how to invest in crypto currency, you should read our review of the Cryptocurrency Institute's  "Cryptocurrency Index" >>>HERE<<<

Sunday, July 1, 2018

3 Red Flags Of Cryptocurrency Scams


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The Big Scam

 *Please note: The information provided is not financial or legal advice. Please consult a professional before making any decisions. We are not responsible for any actions undertaken after reading this blog.


There are many different kinds of cryptocurrency scams that are victimizing people who are new to the crypto world. 
Con artists prey on those who don’t know the difference between a legit crypto platform and a fake one, who don’t know a Ponzi scheme from a legitimate affiliate program. 
These scammers fool people into thinking that their well-designed websites give them a semblance of legitimacy, but on closer inspection, these sites won’t pass muster. 
Here are some giant red flags you should be aware of:
1 – Website Has No SSL Certificate
It’s very important for a website that deals with cryptocurrencies to have an SSL (Secure Sockets Layer) certificate installed. 
Websites with no SSL only display HTTP before their domain names and websites with SSL show HTTPS. 
Many scam websites are here today, gone tomorrow types of sites, which means once they’ve scammed a certain number of people, they’ll shut down that site and move on to a fresh domain. 
It’s quite easy to transfer website files from one domain to another; this is why these scammers can set up shop very quickly.
2 – The Offer Is Too Good To Be True 

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Whether you’re trying to get the best rates for your dollars or bitcoins, it’s only natural that you’d want the best possible deal. Since cryptocurrencies are decentralized, most crypto exchanges have their own exchange rates. 

However, these rates don’t vary by much. 

If you see a website offering rates that are significantly lower or higher than other established exchanges, then it’s a giant red flag. 

It’s better to do business with a trusted platform with higher fees than to try to get the best deal out of an unknown website that could possibly swindle you out of your entire fortune.

3 – Beware Of Ponzi Scams

Some Ponzi scams are not as obvious especially if they’ve been around for a few weeks or months. 

This is because their first members would already have received their profits (derived from payments by new recruits) and would be posting glowing reviews on the Internet. 

At first glance, you might be fooled into thinking it’s a legitimate crypto operation especially if you personally know someone who’s made money from the scheme. 

Check out those positive reviews, and you’ll see they’re basically saying the same thing. All positive, no negative!

If you really want to start investing in Bitcoin the smart way, you should check out the Cryptocurrency Institute. Click >>> HERE <<< to learn more!