Hello! I am Roope "Robert" Kiuttu, the founder and owner of YourOnlineRevenue.com. I created this website back in 2015 to help you to make money online. You can ask me anything and I'll be happy to help you out.
I help people daily to make more money online and I love seeing people succeeding.
If you want to get my 1-on-1 support and help to make money online as well, get started HERE.
If you are looking for an honest BitDegree review, you have come to the right place. As always, our goal on YourOnlineRevenue.com is to provide the best and most accurate reviews in the world of cryptocurrencies and online businesses.
Is BitDegree Legit? – Video Review
Before you run into the article, I want to offer you an opportunity to have a look at my BitDegree video review. I am sure you will find this extremely informative and helpful. As Always, I am available for any questions and comments because I would love to hear from you.
Personally, I am extremely excited about the BitDegree project for several reasons. I love the education and I’m also excited about cryptocurrencies and new technologies. This article is not a financial advice but it represents my researches and opinions on this project. I am not sponsored by BitDegree in any way but I have invested in BDG tokens.
Without further ado, let’s have a closer look at BitDegree!
BitDegree Review
Name: BitDegree
Launched: ICO was in late 2017. Cryptocurrency reached exchanges in January 2018.
Type: Cryptocurrency. Educational Platform.
Short Review: There are several reasons why I see a great potential with BitDegree. It’s part of the rapidly growing market and it certainly has the potential to become one of the leaders within a few years.
That being said, investing always involves risks because anything can happen along the way. If you are interested in a proven way to make money online, take a look at this step-by-step training.
BitDegree homepage (26.1.2018)
What Is BitDegree? – The Idea Behind the Project
BitDegree is the world’s first blockchain-powered educational platform. That sounds awesome and great but what does it actually mean? Have ever heard of online education platforms like Udemy, Coursera, Codecademy or Edx? BitDegree tries to become an upgraded version compared to those educational platforms.
The goal of BitDegree is to provide the best online courses with a blockchain based reward system. In the other words, students will be able to learn amazing skills on BitDegree and earn at the same time. Before we run into the other details, I would like to show you the YouTube video where the BitDegree CEO Andrius Putna explains their goal and shows how their team works:
BitDegree vs Udemy vs Coursera
I have bought many courses on Udemy and I have recently created my own course where I teach how you can make money with cryptocurrencies in 2018. I have also reviewed Coursera online learning platform and you can check out my review on my other blog here.
However, there are a few things that could be improved from Coursera and Udemy. If I would like to pay for courses with cryptocurrencies on Udemy, that’s not possible yet. I can’t either receive my instructor salary as cryptocurrencies. I want to see a world where we can freely pay for services with cryptocurrencies but that’s not yet possible on Udemy. That’s where BitDegree comes into play. You can pay for courses by using cryptocurrencies!
That’s only of the improvements. One of the leaders of BitDegree worked before on Coursera and he realized one common challenge. Students start a new course but they don’t have enough motivation to finish it. BitDegree tries to solve this challenge by offering rewards for students who finish their courses.
This has various benefits:
Instructors are more motivated to create better courses because they know that students go through the whole course.
Students can earn while they learn.
Business owners and employers will be more willing to educate their employees using BitDegree platform because they know that instructors are great and students are motivated to learn.
These were only a few benefits of BitDegree platform compared to older platforms. You can see more in the picture below or by reading their full white paper here.
One of the most exciting benefits of BitDegree is that they are going to use gamification on their platform.
BitDegree Team
One of the greatest benefits of BitDegree is their large team. They have around 30 members of their team and some of them are real “superstars” in the industry. Let me show who are their leaders:
Andrius Putna, Roberto Santana, and Jeff Burton are leaders of the BitDegree team.
The biggest name in their team is certainly Jeff Burton. He has tens of years of experience in the Silicon Valley and he has mentored numerous tech startups. In addition, he is the co-founder of EA (Electronic Arts) which is one of the biggest game companies in the world with the market cap of over 35 billion.
Roberto Santana has been a senior manager at Coursera that provides a pretty similar service like BitDegree. He brings a huge knowledge and know-how from his past workplace. I have listened to his interview where he explains that he already has a few things in mind that they can do better than Coursera.
Andrius Putna is the CEO and the main leader of the company. He is a “talking head” on their YouTube channel and you can quickly see that his communication is clear easy-to-understand. Andrius is a man behind 000Webhost’s success. That company has tens of thousands of clients and user they have received an average rating 4,9 stars out of 5 based on more than 2,200 reviews. That’s impressive!
The most of their team members are from Lithuania like their CEO. Based on my researches there are surprisingly many blockchain-based projects from Lithuania. Probably the country is very positive with these new innovations.
Token Distribution – BDG Team Gets Their Tokens After 2 Years
There will be 660 million BDG (BitDegree) tokens in circulation in total. The picture below shows how they are distributed.
51% of the tokens were sold for the public during the ICO. The price of each token was $0,05-0,07 during the ICO stage so they received over $20 million to increase the value of the project and to improve their platform. The picture below shows how the team will allocate the budget.
In the future, you will be able to use BDG tokens on their educational platform. Of course, you can also sell them to other people for a higher price if you want to take out your profits. BitDegree is built on the Ethereum platform.
One great thing that you can see from the upper chart is that the team will get their tokens only after 720 days from the beginning. It means that they are incentivized to work hard and build the platform. Then their get their “salary” in the form of tokens. Their advisors and partners get tokens after 160 days and the foundation after 360 days.
Online Education Market Is Rapidly Growing
I like investing my time and money in the industries that are rapidly growing. I was before working as a taxi driver and after that as a transport manager in the logistics company. However, there is a great possibility that in the future machines replaces many workplaces in those industries. At the moment I am working as an affiliate marketer and as you may know, the yearly revenue of affiliate marketing is exponentially growing.
The same applies to the online education which is the industry of BitDegree. You can see in the picture below how rapidly the number of online courses has been growing over the years.
Already in 2016 people were using more than $46 billion for self-based e-learning products and services. That’s a huge amount and it’s growing all the time. I am constantly educating myself online and paying for different services.
It’s funny that I have a Bachelor degree in social services from the University of applied sciences but I don’t do anything with it because I work online. I learned the skills through, for example, this step-by-step training that taught me to make money online.
I believe it’s the future and it’s happening to many other people as well. University teachings are getting outdated and thousands of people worldwide are getting educated through the Internet. I know personally tens of people who make their living online even though they don’t have any formal education for that.
The BitDegree Project Doesn’t Start from the Scratch
A good thing to notice is that BitDegree doesn’t need to build their business from the scratch. Their CEO Andrius Putna is a man behind 000WebHost that has been highly successful over the years. They have more than 29 million tech-savvy users already.
The BitDegree platform has already launched some courses that you can go through yourself. In the other words, they have already taken several steps to success. They aren’t only talking about the idea that they are going to create in the future because they have already created something tangible.
BitDegree Community Is Active
BitDegree has a very active community of several social media channels. Let me just point out a few statistics:
+82,000 followers on Facebook.
~20,000 members on their Telegram channel.
+17,700 followers on Twitter.
In addition, they have a YouTube channel and active discussion on Reddit. An active community is one of the most deciding factors when we are talking about the market price and changes in the short term. It has also a big impact on the long term. More people get interested in the project which brings more money in and opens also more opportunities.
I recommend that you follow closely the cryptocurrency projects that you are investing in.
Where Can You Buy BitDegree?
At the moment you can buy BitDegree on IDEX and on EtherDelta. My friend Markus Hyytinen wrote recently a guide that shows how you can buy BDG tokens on EtherDelta with Metamask wallet.
The BitDegree team is also actively negotiating with exchanges and it most likely will soon be listed to some of them. For investors, it’s a positive thing that BDG is not yet listed in the major exchanges. Usually, when a new coin gets listed on the exchange, the price jumps up because more people can buy it more easily.
Conclusion – Is BitDegree a Good Investment?
Based on these 7 (and a few other) reasons I have invested in BitDegree:
The goal of BitDegree is to improve education. Education is close to my heart and I believe a good education can make our world a better place.
BitDegree can clearly be superior to current platforms.
The BitDegree team is experienced, big and motivated.
Token distribution model motivates the team to work hard to receive their salary.
The online education industry is rapidly growing.
BitDegree already has a platform and they don’t need to start from the scratch.
The BitDegree community is big and active.
I am not a trader but I am interested in investing in projects that have a long-term value. Therefore, I am not too interested in the changes of the market price on the daily basis. I bought BitDegree when one token cost over $0,30 and if the project succeeds, one token can easily be worth many dollars.
Even though they have already a platform and a ready customer base we are still in the early stages of this project which means that anything can happen. Investing involves always risks but in my opinion, the expected value is positive with BitDegree. I would love to hear your opinions in the comments below.
If you are interested in proven ways to earn money online, I recommend taking a look at the step-by-step online business training by clicking the picture below. Your financial risks are probably smaller if you are building an online business rather than investing in the cryptocurrencies. However, I am doing them both because I believe it’s good to have numerous income streams so your all eggs aren’t in one basket.
In the modern business world, a website is not less than an asset for business and individual. Today it has grown into a popular medium to reach the target audience.
To create a great company website, the role of a great web host can’t be ignored. But, the question is how to find the right web hosting and domain name seller company!
Through this post, we have attempted to resolve your problem by reviewing one of the most promising hosting companies in the industry which has earned a lot of value and trust in a short period of time. Yes, you guessed it right, we are talking about Hostinger!
Let’s start this Hostinger review with its different features.
Pricing
Under its shared hosting service, the company offers 3 different plans, i.e,
Single Web Hosting
Premium Web Hosting
Business Web Hosting
Here is their pricing:
All of these 3 plans come with no-risk guarantee program. That means that with all three plans, you can return your money within 30 days if something goes wrong. Except for ‘Single Web Hosting Plan’ rest two plans offer various unlimited features such as Unlimited bandwidth limit, SSD disk space, email accounts, MySQL databases and FTP users.
If you are looking to create your site or blog on WordPress, Hostinger is not going to let you down. All of its plans are optimized for the faster WordPress speed.
Moreover, Hostinger also provides free SSL certificate that ensures a secure connection for your customers.
The ‘Premium Web Hosting’ plan is the most-selling plan that seems the best plan for businesses and individuals who want to grow in future.
If we compare its pricing with some leading web hosting providers in this best web hosting list, we find that Hostinger is offering a lot of stuff at very minimal charges.
Free Website Builder
One thing that I personally love about Hostinger is its free ‘Website Builder’ tool.
Here you can pick a right template for your website out of hundreds of pre-designed templates. This website builder has a wide collection of templates that allows you to design an SEO friendly, mobile optimized and fully responsive website, blog or e-commerce website.
Uptime
Hostinger claims to provide 99.9% uptime which is the recommended uptime in the industry. It is the ideal uptime, which means your site could be down for a total of 8 hours, 57 minutes and 57 seconds each year for maintenance and other purposes. We think it should be acceptable.
If you want to monitor uptime of web hosting on your own you may use ‘Uptime Robot’ tool. You simply need to install it on your site, it will check your site’s availability every 5 minutes. To check the current response time of Hostinger server, click here.
Tens of millions of people are already using Hostinger worldwide.
WordPress Optimization
WordPress is the leading CMS solution in the world. At current, it powers 29% of the internet. And if you’re interested in building a website or blog on WordPress, then let us tell you Hostinger’s plans come with single-click WordPress installation.
As said above, all their plans are enough optimized for WordPress platform, Hostinger can provide 5x higher speed for your WordPress website because they use NGINX, PHP7.1, and HTTP/2.
Customer Support
Hostinger is known to provide instant 24/7 live support, making it more reliable web host in the industry. The company allows you to access their technical support through different mediums, including:
Live Chat Support
Ticket/Email Support
Every time you can’t expect a technical support member will understand your query precisely and will come with the right solution for you.
However, if we see Hostinger reviews over the internet, we find that majority of its users are satisfied with its customer’s success team. And yes, there is no customer support team in Hostinger, following the latest trends they renamed it to Customer Success team. Well, at least customer service agents should know their main goal now.
Hostinger has support teams all over the world.
Is Hostinger Worth Buying?
If we properly analyze pricing and features of Hostinger, we find, it offers a variety of features for cheap. Its basic hosting plans come with unbeatable pricing and because of this its services are also becoming more popular.
So if you want to build a simple blog, company website or e-commerce store, Hostinger can be a good option for you.
Recently, there has been lots of buzz around Envion ICO (Initial Coin Offering). During their ICO they have raised around $100,000,000 which is a huge amount. Still, many people are asking, “Is Envion a Scam Or Legit?”
There is one reason why some people think it’s a bit suspicious project even though they have a large and experienced team leading the development. Take a look at my video below to hear 1 important reason why I am a bit suspicious about their project:
What do you think about Envion? – Let’s discuss in the comments!
Anyway, the fact is that most crypto ICOs are very speculative and risky investments. There are some gems but most crypto experts say that only 1 out of 50 ICOs ever succeed in the long run. Still, I am researching potential ICOs regularly and I’ll invest in the best ones.
At the same time I build an online business with a simple 4-step process that you can learn by clicking the picture below:
Have you heard of the famous “For Dummies” -series? They teach you everything between the Earth and the sky. One of their books is also called, “Affiliate Marketing for Dummies”.
In this article, I am not going to talk to you about that book but I am going to teach how you can make money with affiliate marketing online like I do. I have also many friends who use the exact same 4-step process for making money with affiliate marketing and it works very well.
It’s a proven method that has been tested thousands of times during the last 15 years and it just seems to work. Actually, I know many people who have made consistently +$10,000/month for years by using this system.
Affiliate Marketing for Dummies – Video Explanation
I also created an educational video where I teach you the 4 simple steps for making money with affiliate marketing. Enjoy!
I also asked my friend, Rufat, to share his tips and thoughts for beginners who want to make money online with affiliate marketing. His tips are on quotes and the rest of the text is written by me (Roope) in this article. Rufat’s website is called YourIncomeAdvisor.com and he also teaches people how they can make a living online. Let’s start with the first question.
“Affiliate marketing is promoting someone’s product or service for a commission.” -Rufat
That’s what it simply is. Let me give you one simple example. I bought recently some vitamins on the website called iHerb.com. Then I did a Facebook post where I said that I just bought vitamins on iHerb and you can buy also. I left a link to iHerb to my post. Some of my friends (I don’t even know who) went to their website and bought vitamins also and I earned commissions for that.
Or have you ever read, “Best 5 smartphones for 2018”, “Best 7 hiking shoes for 2017”, “Canon x548 review” or something similar on the Internet? People are making reviews of products and they leave a link to an online store saying, “Check out these products on Amazon!”
Then you go to Amazon, order the product and the guy who left a link earns a commission. If you want to make money online with affiliate marketing it simply works like this:
Leave a specific link. (For example to Amazon)
Somebody clicks the link.
He buys a product. (No matter what he buys if he just went to Amazon through your link.)
You earn a commission.
Simple, huh? This step-by-step training walks you through everything you need to know about the process.
This is a typical 4-step process of making money with affiliate marketing.
How Much Money Can You Make with Affiliate Marketing?
“You can earn from a few bucks up to thousands of dollars per month/day.” -Rufat
One of the greatest benefits of affiliate marketing is that there isn’t an income limit. When I was younger, I was a taxi driver. I learned a few tricks on how to find a shorter route or entertain people to get some tip but the income potential was very limited. I couldn’t earn more than 25€/hour ($30/hour) and I’m talking about the maximum. Normally it was only around 10€/hour.
Income potential is much better with affiliate marketing than a typical 9-5 job. (Read my full post by clicking the picture.)
With affiliate marketing, I don’t have a similar challenge. Recently I talked in an online marketing event with a friend who was making +$200,000/month with affiliate marketing. That would never be possible with 99% of normal 9-5 jobs.
Of course, that kind of income with affiliate marketing requires years of work and doesn’t happen overnight. Most people make less money with affiliate marketing (including myself) but it really shows the potential. I make good enough money but I have seen many people failing. I have recognized most common pitfalls why people fail to make big money:
Most people don’t even try/start.
They don’t have a step-by-step training.
They try it for a little while, don’t make money and quit.
They don’t want to try new things so they only make things that make them enough to live by.
Etc.
The key is just to start. I will support you hand by hand all the way to success.
Probably the most common reason why people don’t make big money with affiliate marketing is that they quit too early. It leads us to our next question:
How Long Does it Take to Make Money with Affiliate Marketing?
If you are a complete beginner, it may take a while that you start earning good money. I know some people who made their first income with affiliate marketing right away within the first week after starting but it usually takes longer to make good money like Rufat explains. It also depends on a little bit on what kind of strategy you are using.
“It really depends. Normally it takes 6 months or 1 year to start making money. But I personally made my first buck after 90 days of launching my website. Few people start making money within the first 2-3 months.” -Rufat
Some strategies can make you money during the first week but they don’t lead to a consistent income. On the other hand, other strategies may take 3-6 months but those build up your income like a snowball and over the time course, your income will exponentially grow.
Let me ask you a question:
How much time does it take to make money with a normal path? School – University – 9-5 job etc.
Most people go to a University for 3-5 years and they start making money after that. If you would commit 3-5 years for affiliate marketing like you commit to the University, most likely you’ll be making much more money afterward.
I went to a University of Applied Sciences and received a bachelor degree. Then I went to a 9-5 job for a while. However, I quickly realized that it didn’t make sense. I could earn much more money online and have more freedom than in a typical job.
I can work whenever and wherever I want.
I can make much more money online than with my 9-5 job.
I can travel around the world and go anywhere I want. (My current travel goes like this: Austria-Bulgaria-Turkey-UAE-Philippines etc.)
I enjoy what I’m doing.
This was just a dream a few years ago for me but now it’s possible. However, I usually prefer working inside than at the beach! 😉
If I will have kids in the future, I’ll rather teach them how they can make money online than go to a University. Of course, there are some exceptions like doctors but most people would love to make money online. When I explain the life I can live many people say they would like to live it as well. I’m always more than happy to help anyone who wants to learn.
What Is the Best Way to Earn with Affiliate Marketing?
“The best way is promoting digital products that pay up to 75% commission compared to physical products that normally pay up to 10%.” -Rufat
Rufat is right that digital products usually pay much bigger commissions than physical products. I’ve seen also a product that pays 100% commission for affiliate marketers. Then a company hopes that they’ll sell more products to the customer who bought the initial product.
Let’s take an example. You write to promote a book an Amazon that costs $20 and they pay you a 5% commission. You earn a $1 commission and you need to make 3,000 such book sales a month to make $3,000/month. Another person promotes a digital product that costs $200 and they pay him a 50% commission. He needs to make only 30 sales to reach the same $3,000/month.
People are also every year using more and more money on digital products so it’s a good idea to promote them. That being said, I know people who make good money also by promoting physical products. My recommendation is that you start with something that you are passionate about and most of the time money will follow. I know people who make only book reviews and they make much more money than an average person in the U.S.
Digital products pay usually highest commissions.
At this point, you may be wondering, “How can I find good digital products that I could promote?” This step-by-step training will teach you everything about that as well.
Best Tips for Beginner Affiliate Marketers
“I think the best 3 tips I can give for beginners in affiliate marketing are: Prepare to work hard and be patient until you make your first buck, make it a habit to learn new things from other successful affiliate marketers and take action on what you learn.” -Rufat
I really like Rufat’s advice. Like I mentioned above, one of the most important reasons why people fail with affiliate marketing is that they quit too easily. That’s why they never see the successful days. Sometimes the successful events are just waiting around the corner.
Another key is just to start and try new things. You can never know what affiliate marketing could bring to your life until you start. There was a good about good health and when you read half of the book and it says, “Put this book away, fall on the floor and see how many push-ups you can make. If you’re not going to try those push-ups, why don’t you just give this book away? It seems that you are not going to try anyway.”
So, the key is just to start!
How to Learn Affiliate Marketing Fast?
I talked with one of my friends about making money online and affiliate marketing. I asked her, “Why wouldn’t you learn to make money online?” She said, “Well, I don’t know how to do it. In addition, I don’t have any other friends than you who already do it.”
Actually, she was even a better position than when I was when I started. I didn’t know a single person who would make money with affiliate marketing online. I didn’t have any friends who could have taught me hand-by-hand.
However, I found a website called Wealthy Affiliate that taught me everything I needed to know about making money online with affiliate marketing. They had a step-by-step training, helpful community and tons of tools that helped me to move forward. If I got stuck, I was always able to ask more experienced people who helped me out.
Wealthy Affiliate has also taught +1,000,000 million other people all over the world on making money with affiliate marketing. One of them is Rufat who shared his knowledge in this post as well. As I mentioned above, I will give you my 1-on-1 support and help always when you need it. You can click the picture below to get started.
Are you looking for an honest and detailed Kucoin review? You have come to the right place. In this article, I am going to tell you everything you need to know about their crypto exchange.
I will answer your questions like, “Is Kucoin reliable? Is Kucoin legit? Is Kucoin safe?” And the most important, “Is Kucoin a good exchange?” I believe you will find my article informative, helpful and valuable. If you have any more questions, you can always ask me in the comments below and I’ll be more than happy to help you out.
Short Review: Kucoin is a relatively new crypto exchange that has been rapidly growing for several reasons: 1.Clean and easy-to-use interface. 2.Responsive support. 3.Low fees. 4.Easy to get started.
I have been satisfied with Kucoin. I have already bought Raiblocks, NEO, Kucoin Shares, DragonChain and I am also holding a few other coins on their platform as well.
Before you dive into the article, I want to give you an opportunity to have a look at the Kucoin videos that I have created and uploaded to YouTube:
1.Kucoin Exchange Tutorial 2018
In this video, I walk you through the whole process of getting started on Kucoin. I believe you will find it extremely helpful if you have not used Kucoin before.
2.Video Review – Is Kucoin Reliable Crypto Exchange Or a Scam?
As always, I want to provide you an opportunity to have a look at my video review of Kucoin. Then you can take a look at my full article below which is much more detailed than the video.
What Is Kucoin?
Kucoin is a Chinese crypto exchange that has been rapidly growing recently. They have done their job well which means that more and more people are moving to their exchange.
I got introduced to Kucoin for the first time when my friend started to talk me about Dragonchain. He mentioned that Dragonchain could be a good investment and it was available on Kucoin. I made my research and realized that Kucoin is a reliable platform. As soon as I was able to transfer money to Kucoin, I bought some Dragonchain. Afterwards I have used this platform also for buying many other cryptocurrencies.
The Kucoin trading platform is fast, simple and easy-to-use.
Benefits of Kucoin
Users of Kucoin (including myself) have listed numerous benefits and pros of the platform. Let me share the most important benefits what people have mentioned and I agree.
Easy-to-Use Platform
It takes probably less than 2 minutes to learn how Kucoin platform works. The interface is clean, simple and it’s easy to find everything that you are looking for: Assets, Markets, Settings, Etc.
Trading works also on Kucoin much more easily on many other crypto exchanges that I have been using.
Security
Kucoin requires a 2-factor authentication when you start trading on their platform. It means that you need to have a password and another verification method when you trade. The most common is Google Authenticator that you can download easily to your phone and it’s widely used by other crypto exchanges as well.
When you have set up the 2-factor authentication your account is much more secure. If somebody wants to steal it, he needs to get your password and your smartphone which is pretty impossible unless you share your private information everywhere.
Availability of more rare alt coins
The biggest exchanges like Coinbase haven’t yet listed smaller alt coins. At the moment you can only exchange Bitcoin, Ethereum, Bitcoin Cash and Litecoin on Coinbase. Most other coins like Cardano, IOTA and Tron you can exchange on Binance which is one of the fastest growing crypto exchanges at the moment.
However, there are many smaller coins that aren’t yet available on those platforms. That’s where Kucoin comes into play. Kucoin has one of the biggest amount of coins listed in a single crypto exchange. I have bought, for example, DragonChain and Raiblocks on Kucoin because I can’t buy them on the other ones.
It’s also a very positive thing that those coins aren’t yet listed on the biggest exchanges. It means that there is a room for growth. Usually, when a coin gets listed on a new exchange, its price skyrockets. Do you remember what happened to Bitcoin Cash when it came to Coinbase? The price tripled in a few days. And that’s not even rare.
Extremely Low Fees
Trading fees on Kucoin are much lower than most other exchange and they provide also good discounts for people who are holding Kucoin Shares coins. The basic trading fee is only 0,1% per trade and you can get up to 30% discount if you hold enough Kucoin Shares.
How to Get Started on Kucoin? – Easy As 1-2-3
Kucoin is certainly one of the easiest and the fastest crypto exchanges when if we are talking about getting started. Let me explain to you how it works step-by-step.
Then Kucoin sends you a confirmation email to your password to make sure that it’s really your password. And Voilá! Your account is ready. Before you start trading, you just need to add your 2-factor authentication code. Let me also quickly explain you the process of buying specific coins on Kucoin.
Let’s say that you want to buy, for example, Raiblocks on Kucoin like I did. You can do it like this:
Buy Bitcoin or Ethereum on Coinbase by using $, € or £. (You get a $10 bonus through my referral link.) I recommend using Ethereum because then your fees are lower.
Send Ethereum to your Kucoin wallet.
Buy Raiblocks (XRB) by using Ethereum on Kucoin.
It’s as simple as 1-2-3. I know that it can feel intimidating if you are doing it for the first time but you will get used to the process immediately.
Make sure that you use the right wallet for transferring Ethereum from Coinbase to Kucoin. You can find it by clicking “Assets” on the top. Then “Deposit” on the left and choosing ETH in the drop-down menu. (See the screenshot below).
Here you can see your Ethereum deposit address. (I have hidden my private information on the page).
One thing to notice is that you don’t need to send them passports, driving licenses, utility bills and many other things that you need to do on some other exchange like Bitfinex. Getting started is much faster and easier. For example, to Bitfinex there is now a 6-8 week queue with the verification process before you can start trading. On Kucoin you can start trading immediately.
How to Withdraw Funds from Kucoin?
Let’s say that you have traded some cryptocurrencies now for a while on Kucoin. You have become a crypto millionaire and it’s time to get some cash and buy your Lambo. (Just kidding!)
Cashing out from Kucoin is easy. You just go through the process that I explained to the other way. You exchange your asset, for example Raiblocks, to Ethereum on Kucoin. Then you transfer Ethereum from Kucoin to Coinbase and on Coinbase you exchange your Ethereum into $, € or £ as you wish.
Kucoin Support
You can always contact Kucoin support by sending them an email to support@kucoin.com. Alternatively, you can contact them by using social media channels like Facebook, Twitter, Reddit or Telegram. You can find all their social media accounts by scrolling to the bottom of their website.
Personally, I have never had any issues with Kucoin so I have never needed to contact their support team. Therefore, I read and asked other people’s experiences in order to provide you the best information. I found out that pretty much everybody has been satisfied with the support they received. Here some sentences that I have heard:
“Superior support.”
“Nonstop support.”
“Quality Support.”
Etc.
Brandy Newman has also a very good experience with Kucoin.
Kucoin Reviews – Everyone Is Praising It
I always take a look at reviews from other people before putting some money into something. I was honestly surprised to see how positive reviews Kucoin has received. For example, on CryptoCompare Kucoin has received the average rating of 4,2 stars out of 5 based on 28 reviews. That’s an amazing score especially when you take into account that some major exchanges have received only the average rating of 3 out of 5.
I found 50 more Kucoin reviews on the other site and I realized that pretty much everyone gave them 4 or 5 stars out of 5. That was extremely convincing. Let me just show you a few examples:
Marty has only positive experiences of Kucoin.
Austin thinks Kucoin is the best crypto exchange.
Antone has invested in NEO, MOD, XZC and Kucoin Shares on Kucoin exchange.
I think it’s a huge thing that it’s almost impossible to find negative reviews of Kucoin. Pretty much everyone is talking positive things about it. That being said, we need to remember that there are always a few persons who may have had some technical problems or something similar.
Kucoin Referral Program
Kucoin has a very interesting and lucrative referral program. You can earn money by inviting new members to Kucoin. This is how the referral program works:
You earn 20% of the trading fees of your directly invited users. Let’s say that you invite a friend that pays $1,000 trading fees during his lifetime on Kucoin. You earn $200 by inviting him.
You earn 12% of the trading fees of your indirect referrals the second level.
You get 8% of the fees for your indirect referrals in the third level.
Numbers 2 and 3 mean that you will earn bonuses also from those people that your invitees refer to Kucoin. Let’s say that you invite Jack to Kucoin. You earn 20% of fees that Jack is paying. Then Jack invites his friend Jamie. You will then also earn 12% of trading fees of Jamie. He enjoys using the Kucoin platform and invites Joel. Then you’ll earn 8% of the trading fees of Joel.
You are probably starting to see the potential of their referral program. Experienced affiliate marketers can make a full-time income just by promoting Kucoin. You can get involved with the coin Kucoin referral program easily. You just need to sign up Kucoin and click, “Explore” -> “Invitation Bonus” on Kucoin website.
UPDATE JANUARY 2018:
Kucoin has announced that the referral program is at least momentarily out of use. They will announce for more updates in the future.
Kucoin Shares Review by Roope
I have mentioned Kucoin Shares a few times during my article. You may be wondering what they are and what can you do with them. Kucoin Shares is a cryptocurrency and they enable you to received dividends from all trading fees that are done on their platform. In addition, the value has been growing and I expect it will grow in the future as well. If you have enough Kucoin Shares, you will also get discounts when you are trading on their platform.
The video below explains very well how you can earn Kucoin bonus for owning Kucoin Shares:
Kucoin gives 50% of all their trading fees to users who own Kucoin Shares. In the other words, Kucoin is sharing 90% of their trading fees at the moment. 40% through their referral program and 50% through their Kucoin Shares bonuses. The company keeps less than 10% of all fees which are already very small. In the other words, they take less than 0,01% trading fees per trade. That’s nothing compared to some major exchanges that take up to 1% fees.
Kucoin Shares may be also a very valuable coin if the company keeps on growing fast in the future. I may make big money just by holding my Kucoin Shares for a few years. They are paying daily bonuses and I could sell the coins for the higher price later.
Conclusion – Is Kucoin Legit?
Yes, Kucoin is a legitimate cryptocurrency exchange that is rapidly growing. More and more users are coming in all the time. They gained 50,000 new users within 30 days just some time ago. Can you imagine how fast growth that is? Kucoin can certainly become one of the leaders in the industry with such a quick growth rate.
It’s obvious that they are doing several things right to achieve their huge growth. I have also enjoyed using Kucoin among hundreds of thousands of other users. I think that there is also a great potential with investing in small coins that are only available on Kucoin and other smaller exchanges. When small coins get listed on Bitfinex, Bittrex, Binance, Kraken or Coinbase, the price will most likely skyrocket and those who bought it on Kucoin make big money.
If you have any questions about Kucoin, feel free to ask me anything in the comments below and I’ll be more than happy to help you out.
I guess you have seen huge claims about Global Affiliate Zone?
They promise to be a "done-for-you" online business system where 90% of the work is done for you by the company.
They say that all GAZ sales funnel does all the heavy lifting for you. The only thing you need to do is to send traffic their way and they'll do the selling.
That sounds awesome at first, right?
However, there have been 10's of similar online business systems over the years and most of them have been shut down by FTC (Federal Trade Commission) or they have gone to bankruptcy.
In this article, I will show everything you need to know about GAZ and also help you to get started making money online.
I have helped +3,264 individuals to start making money online and I would be more than happy to help you out as well.
Global Affiliate Zone Review - Quick Summary
Product Name: Global Affiliate Zone (GAZ)
Founders: Julian Sherman & Mathieu Jang
Product Type: Online Business System
Price: $99/month + Upsells all the way up to +$5,000.
Best for: The Owners Of The System
Summary: Global Affiliate Zonepromotes themselves as on "Done-For-You" system to make money online. I have reviewed more than 500 make money online programs and I have noticed that those claims are usually a big red flag. That was also the case with Global Affiliate Zone...
Is Global Affiliate Zone Recommended? No. More on this further...
So many people on the Internet are asking about Tai Lopez. “Is Tai Lopez a scam artist? Are his 67 steps worth buying? Should I listen to Tai Lopez?” Tai has also courses about making money online, affiliate marketing and investing to cryptocurrencies which are main subjects of YourOnlineRevenue.com as well.
Therefore, I decided to write you this article where I answer all your questions about Tai Lopez. First I need to mention that I also considered promoting his courses but I decided to skip it because of the reasons that I will explain further.
Is Tai Lopez Legit? – My Video Review!
I created also a video where I answer all your questions about Tai Lopez. I believe you will find it informative and helpful.
I will first give you a little bit background about Tai and his businesses. Then I’ll explain to you why I didn’t choose to promote his course and whether he’s a scam artist or not. If you are here because you want to learn to make money online, I recommend taking a look at my #1 recommended online business training. It’s cheaper than Tai’s course and has a much better reputation overall.
Who Is Tai Lopez? – A Scammer Or Legit Entrepreneur?
Tai Lopez is an entrepreneur, millionaire, social media influencer, and investor. Some people might say that he falls into the same category with other influences on social media like Grant Cardone, Gary Vaynerchuk, and other American success coaches.
For the first time when I saw Tai’s video, I thought he’s like 25 years old or something. Then I was surprised to see that he was born already back in 1977 and nowadays he’s over 40 years old. Tai is in a great physical shape so he looks younger than he really is.
According to his own words, Tai started his entrepreneurial career already when he was a kid. He has always been interested in businesses and self-development. However, Tai became famous for the big audience after his massive YouTube campaigns. I guess you have seen the following video or at least a part of it as an advertisement. I didn’t embed the video here so you don’t need to waste your minutes with it. Basically, it’s just a promotion to Tai’s courses.
Tai Lopez became famous with his “Here in My Garage” -video.
Tai Lopez Net Worth
There have been lots of discussions whether Tai really knows how to build businesses or not. However, we can’t deny the fact that the guy is a multi-millionaire and has been pretty successful in what he has done. In December 2016 his estimated net worth was based on some sources $3 million.
I believe that his net worth is now much more $3 million and that estimation was also very low. He has a huge influence on several social media platforms:
+1 Million YouTube subscribers
+3 Million Instagram subscribers
+6,3 Million Facebook likes
If you have such a huge audience, you can easily make millions of dollars if you want. And as we can assume from Tai’s videos, he really likes to make money.
Tai Lopez Businesses
During his life, Tai has been involved with many different kinds of businesses.
Retirement & Financial Planning
Night Clubs
Online Dating Sites
Investing in Different Assets
Internet Marketing & Life Coaching
Based on all the information I found his biggest success has become in the world of online businesses. I must admit that his success on social media is pretty impressive.
So, Tai has been a very successful entrepreneur. Why do people claim him a scam artist? Why there’s so much controversy around him? Why do so many people dislike his videos?
There are a few reasons. Let me explain them one by one.
They say that Tai lied in his videos
Tai became famous with his “Here in My Garage” and “Here in My Backyard” videos. In the first one, he shows his cars that he just “bought” and in the second one he gives a house tour.
He clearly makes us think that they’re his cars and house. He also uses words like, “I just bought this new Lamborghini…” It has been found out that he really rented that Lamborghini and also his house. Actually, his house was still on sale on Zillow while he recorded his famous House Tour video.
It’s not a sin to rent instead of buying. Most likely it’s financially wise move and that’s why Tai is doing it. However, people have a problem with the fact that Tai doesn’t mention that they aren’t his owns. In the other words, he lies a little bit when he says that they are his. People don’t like that of course.
Tai has a huge ego
Nobody likes too selfish persons. If you watch some of Tai’s videos, you may get a feeling that he’s a bit selfish and loves himself a lot. There’s nothing wrong with loving himself and I think everyone should love themselves. But of course, there’s a fine line between a normal self-love and narcissistic self-love.
On the other hand, many people could also learn of Tai’s confidence. It’s good to be confident. I don’t say that Tai would have the latter one. Some people just don’t like to follow him because they say he’s all about, “Me, me, me!”
Some people don’t like that he boasts about his cars, house and other things. They say he’s too materialistic. Tai may be materialistic but I think the main reason he’s showing them is to attract more eyeballs to his videos.
Half-naked girls for advertising
There are lots of beautiful women in many of Tai’s videos. Some of them are paid and some of them are voluntarily there but it’s often said that Tai puts them there just to get more eyeballs to his videos. One of the bosses in the former company where I was working always used to say, “Sex sells!” which is completely true.
That being said, I don’t like that Tai or any other person uses sex for advertising. In my opinion, sex is a sacred thing and should be kept between a man and a woman in a marriage. You may call me old-fashioned but I think that men should respect women and not use their physical parts for advertising. It’s not respectful. This is one of the main reasons why I wasn’t so excited about promoting Tai’s products.
Tai Lopez content – helpful or not?
What about his actual content? Is it really helpful? does he really teach us something valuable? I’ll talk about this more in the next chapter.
Tai Lopez Program The 67 Steps – Is It Worth It?
Tai’s main course is his 67 Steps course where he teaches his success tips. It’s actually a membership and he’ll charge you monthly or annually. I haven’t bought this course myself but I have read reviews from people who bought it. In addition, I have watched Tai’s content on other channels so I have a pretty good picture of what he’s talking about.
I must say that Tai has some good tips on his videos. He hasn’t achieved his goals, wealth and health by accident so he must know some principles about life and success. The main reason why I didn’t buy this course is that I just think there are better (and free) resources available.
Tai uses this timer on his sales page even though the offer isn’t going away…
Many people who have bought the course have said that it’s mainly packed with motivational videos and other similar stuff that you can get for free on the Internet. Of course, the price of the course is pretty cheap so that’s not a problem.
I just think that all that controversy around Tai Lopez didn’t happen by accident. I don’t fully want to follow a person who has a controversial reputation and some people even claim him a scam artist. Recently, I’ve been seeing Tai’s ad on Facebook, “Learn 4 steps for making money online.” I could be interested but I have already learned those 4 steps and I’m making money with them.
If you want to learn 4 steps that I use for making a living on the Internet, have a look at this step-by-step training. It’s not created by Tai Lopez. There’s nothing controversial with those 4 steps because is just affiliate marketing. In the other words, you can make money by promoting whatever you want: pianos, diapers, online courses, laptops, etc.
Tai likes to brand himself as a person who loves reading and learning.
By the way, recently Tai has also talked a lot about cryptocurrencies. Feel free to read my crypto articles and have a look at my videos:
Tai Lopez is not a scam artist but he uses some pretty controversial marketing methods. Some may call him a scammer because of that but I’m not saying it. He is a successful online entrepreneur for sure. I think one reason for haters is just his success. When you become successful, some people become jealous and they start hating you.
Anyway, I can’t deny that some of his marketing methods are a bit shady and I wouldn’t use them myself. That’s the reason why I wasn’t so excited about promoting his products.
Tai has created a big part of his wealth with affiliate marketing. It means you earn money by promoting other people’s products. I also do it myself because it gives freedom because there are like millions good products in the world that you can promote. In addition, you don’t need to hassle with customer support and other similar things. Basically, you just leave a link and if somebody buys a product, you earn a commission.
If you want to learn step-by-step how you could make a living with affiliate marketing as well, I recommend taking a look at Wealthy Affiliate training. Their training has turned thousands of newbies into full-time online entrepreneurs.
What do you think about Tai Lopez? Do you like his content? What do you think about his marketing methods?
Bitcoin and Ethereum are the leaders in the cryptocurrency world. Their combined value is hundreds of billions of dollars. But what if you could take positive things from both of those projects and put them together? Qtum is often called as a “hybrid of Bitcoin and Ethereum”.
Yes, you heard right. Qtum is often called with that name especially by those who believe in this project. In my Qtum review, we are going to discuss things like, “What is Qtum? Is Qtum a good investment? Does Qtum have a future?” Read this article all the way through and share your thoughts below.
Is Qtum Legit? – Video Review
Here you have an opportunity to have a look at my Quantum video review also. After you’ve watched the video, I advise you go through the article because there I explain more details than in the video.
Qtum Review
Name: Qtum(XVG)
Launched: 2017
Type: Cryptocurrency
Short Review: Qtum’s goal is to provide a platform that doesn’t only provide a transaction of value but gives also an opportunity for companies to use blockchain technology in their businesses. Qtum has a strong team behind the project. They have a strong experience in programming, developing and also marketing. I believe the project has a great potential but at the moment it’s still in its infancy.
For those of you who have requested me proven ways to make money online, I recommend taking a look at this program. (Not a get-rich-quick -scheme. Work required to make big money.)
Qtum official website is pretty convincing.
What Is Qtum?
Qtum (read: Quantum) is a platform that was launched in the Spring of 2017 and it allows developers to build smart contracts and applications on the blockchain technology. Their main team of developers has a large experience of Bitcoin and Ethereum which is a good ground for this project.
Do you remember the cryptocurrency called NEO? It’s often called as “Ethereum of China” because the core developer team are Chinese. Some people also call it “Ethereum killer”. Qtum developers are also from China and it’s sometimes compared to NEO coin. It’s interesting that lots of these cryptocurrency projects are coming from Asia from countries like China and Singapore.
Qtum Explained in a Nutshell + Benefits of Qtum
Most cryptocurrencies enable you to send money (or value) to another person. Their goal is to enable direct transactions easily, effectively and without third parties. Bitcoin was the first one that had this idea back in 2009 and after that many other cryptocurrencies are just trying to make it better. More cost-effective, faster, etc.
Qtum wants to provide even a more powerful platform. Its goal isn’t only to enable you to transfer money but it also allows you and businesses to build applications that benefit from the blockchain technology. That’s a big goal and if they succeed, the value of this project will be huge.
Everyone doesn’t accept that the Bitcoin or Ethereum will the biggest things after 5 or 10 years. But almost all people who know about cryptocurrencies agree that the blockchain technology will change businesses in many ways.
If Qtum succeeds in their goal, it has a potential to become one of the biggest cryptocurrencies in the world.
Qtum Team – Strong Knowledge and Background
In my opinion, Qtum has done a great job when marketing their team. They explain that Qtum team members have experience from huge and successful companies like Alibaba, Baidu, NASDAQ and so on. In addition, their team members don’t only have experience of traditional companies but also about Bitcoin and Ethereum. And that’s not all!
Behind the project they have billionaire angel investors, executives from some of China’s largest technology companies and traditional Venture Capitalists. You can have a look at their full team on their official website but in the picture below you’ll see 3 of their main leaders:
Patrick Dai, Neil Mahi, and Jordan Earls are main leaders of Qtum.
Qtum team has combined tens (if not hundreds) of years of experience of programming and developing interesting projects. That’s pretty convincing, huh? The rumor says that 17 companies have partnered up with Qtum. I couldn’t confirm the information but based on my searches online I have found that some big companies are already collaborating with Qtum.
They also have a long list of backers including Roger Ver (one of the main guys in Bitcoin Cash), Anthony Di Iorio (one of the main leaders in Ethereum), Jeremy Gardner (Cofounder of Augur) and so on.
The Leader’s Background – Is Patrick Dai a Scammer?
Patrick Dai (before known as Steven Dai) has been involved with a controversial project called Bitbay in the past. Some people called it a Bitbay scandal and it didn’t leave a good reputation for Dai’s name. Probably that’s why he now goes under the name Patrick Dai instead of Steven Dai.
In the online world, I have seen a phenomenon “Once a scammer, always a scammer” for numerous times. I’ve seen some scam artists creating new scam products over and over again. Still, I want to believe in second chances. We need to keep in mind that Patrick Dai isn’t alone in this project. There’s a big team, lots of investors and many backers.
That being said, I recommend that you remember Dai’s background when you are making your investment decisions regarding Qtum. It’s not a good thing that he has been involved with a shady project in the past.
Qtum Price – 7 Times Higher in 9 Days
In the picture below you can see how the price of Qtum started changing at the end of 2017. The chart starts from June 2017 and ends at the end of December 2017.
Qtum chart shows that the price literally jumped to the moon in December 2017.
10th of December the price of one Qtum coin was around $10. The market cap was less than $1 billion. Then after 9 days, the market cap had risen to over $5 billion and the price of one coin became more than $70. If you invested $10,000 in 10th of December, you were $60,000 richer just 9 days later. That’s crazy!
Maybe it’s not so clear on the chart but the price grew also pretty dramatically before that. The market cap of Qtum was still less than $200 million in July but in December it has risen to $1 billion. And jumped to over $5 billion in less than 2 weeks.
Naturally, the price is now going down after that jump. Prices must make a correction but I believe it will start going up at some point.
Most likely we are not going to see similar jumps in the price of Verge in just 9 days but in the long term, it can grow a lot. For example, the market cap of Bitcoin is at the moment around 100 times higher than on Qtum.
Where to Buy Qtum? – Available on Several Big Crypto Exchanges
Qtum is mostly traded on crypto exchanges that are highly popular in China and in other parts of Asia. Biggest exchanges are Bithumb, EXX, and Coinone. I think that those exchanges are not very popular among western traders who are living in the U.S. or in Europe. Therefore, you can also trade Qtum on Binance and Bittrex.
My recommendation is that you don’t put all of your money in young projects like Qtum unless you have studied in a great detail and you are fully convinced it will work. It’s almost always better to allocate your money to several projects that seem worthy because if one of them fails, you have still 2 projects that are probably doing well.
Notice that all thoughts that I’m sharing are my personal opinions and not official investment advice. Still, I know much more about investing about an average Joe. I would always love to hear and discuss your opinions about each cryptocurrency that I review. You can leave comments below this article to join the discussion.
With the current team of Qtum, we can expect something big to happen. They have a huge knowledge of programming, technological stuff and blockchain technology. Qtum has been able to partner up with big investors, companies and many big names in the crypto world are backing this project.
I need to admit that Qtum team doesn’t only know how to do programming but also how to market their system effectively. That’s, of course, a positive thing for the value of Qtum. With their marketing skills, they are able to partner up with significant companies, get more people involved in the project and become larger.
But as we have talked regarding many other crypto projects, again we need to admit that Qtum is still in its infancy. Older projects like Bitcoin have much more real-life applications already. NEO is also further than Qtum because it was launched around one year earlier. That being said, I believe that the Qtum price has a room for growth when they continue developing their project further.
It will be highly interesting to see where Qtum will be in 3, 5 or 10 years. Based on my SHORT research I believe that Qtum will be around still after 5 years and if they have succeeded, the value can be great. But keep in mind that I may be wrong with this prediction.
If you are looking for completely proven ways to make money online, I can always recommend having a look at this step-by-step training. Those methods have been proven to work during the last 15 years among thousands of people worldwide and they will for sure work for years to come.
12th of December 2017 one of the biggest cryptocurrencies channels on YouTube made a video of Verge. He explained that Verge is at its all-time high and had become already the 79th biggest cryptocurrencies in the world by value. In the same sentence, he also mentioned that usually, it’s not the best idea to buy at the all-time high because the price will most likely dip.
Less than two weeks after that Verge coin had risen to top 10 of the biggest cryptocurrencies. What happened? Will the growth still continue? What is Verge and what are the main features? Take a look at my article and you’ll know more about this highly popular cryptocurrency in a minute.
Is Verge Worth Buying? – Video Review
In my Verge video review, I underline a few key elements of Verge and discuss whether it’s worth buying or not. I believe you’ll find this and valuable.
Verge Review
Name: Verge(XVG)
Launched: 2014
Type: Cryptocurrency
Short Review: Verge is an interesting project and I think it adds nice value to the competition for privacy coins. They have been around already since 2014 but started kinda “slowly”. Now they have a large team of developers working on this project and it will be interesting to see how this project will work out in the future.
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Official Homepage of Verge explains what is it all about.
What Is Verge?
Verge is one of the oldest cryptocurrencies. Most of the cryptocurrencies that we have analyzed here on YourOnlineRevenue.com are created in 2017 but Verge has created already back in 2014. Well, that’s “only” 3 years but 3 years in the world of crypto projects feels like 30 years in the real world. Everything is changing there so fast.
It started first with a name DogeCoinDark. You have probably heard of the other coin called Dogecoin. In 2016 DogeCoinDark was rebranded as Verge because the founders wanted to make it clear that they don’t support any criminal activities.
Verge puts the high emphasis on privacy like Monero, Zcash and a few other cryptocurrencies. Even though blockchain ledger is public on Verge, nobody sees who sent or received the money. Some experts even say that Verge and Monero are the only “real” private cryptocurrencies and other projects fail to maintain a full privacy of users. Anyway, we’ll discuss the privacy issues further.
You can read a full explanation of Verge’s features on their black paper. Notice that they don’t call it a white paper but a black paper because they want to underline the privacy of this cryptocurrency. Black paper is fast to read because it’s only around 10 pages long. Verge has a large team of developers and contributors working on this project. In addition, you will find more information about them on their official website.
The Goal of Verge
The mission of Verge is to bring blockchain transactions into everyday life. Then we wouldn’t need third parties like banks or other financial institutions. Actually, that’s the goal and mission of the most cryptocurrency projects but Verge is, of course, trying to make it better than other ones.
They want that people could make direct transactions:
Quickly
Efficiently and
Privately
There have lots of discussions about the privacy of cryptocurrencies. Should transactions really be completely private? What about all the criminal activities and hiding tax officials? Let’s talk about this in the next chapter.
Usually, a bank is a third party to your transactions.
Privacy of Verge – Blessing Or a Curse?
I remember when I heard about the Bitcoin for the first time for a few years ago. It had a reputation that it’s widely used by drug dealers and other criminals. Some people were saying, “If you buy Bitcoins, you support criminal activities.” But the same principle would apply to any other technologies then, right?
There are many bad things happening on the Internet. Some people are selling drugs, porn, free sex and other unethical things. But does it mean that if I use the Internet, I’m supporting those activities? Of course not! The Internet can be also used as a tool for spreading good messages, encouragement, education and supporting many worthy projects.
The fact that some people use cryptocurrencies and blockchain technologies for bad purposes doesn’t mean that the technology would be bad itself.
I am a fan of Bitcoin but we do need to keep in mind that Bitcoin isn’t as private as Verge or Monero. The sender and the receiver are recorded to the blockchain. However, people don’t usually know who is behind a long Bitcoin address “bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4” unless you tell them. (Note: That’s not my Bitcoin address, it’s just a random one from the Internet.)
People who argue that everything should be private explain to you, “Imagine a situation that all your money and transactions would be public. Everyone would see all the money you have and everything that you purchase. Is that the situation you want? Isn’t privacy much better? You can show your financial information only to relevant people.”
That’s a valid point and I also think that the privacy can be a good thing. That’s why It could be a good idea to put at least some amount of your cryptocurrency portfolio to privacy coins that you believe in. I wouldn’t go all in with Verge but I must admit that there’s potential for the project.
The circulating supply of Verge is at the moment more than 14 billion coins. It’s one of the biggest ones. Ripple has a circulating supply of +38 billion and Stellar has around 18 billion. It means that there are around 14 billion Verge coins at the moment (and 38 billion Ripple coins).
This means also that the price of each Verge or Ripple coin is very small. One Verge costs less than $0,20 at the moment. That’s why people are saying, “Verge is so cheap! It’s only less than $0,20 while one Bitcoin is $15,000-20,000!” That shows only the lack of their understanding.
The circulating supply of Bitcoin less than 17 million while with Verge is around 14 billion. Therefore, I wouldn’t pay high attention to the price of each coin. A more important thing is the value of the whole market cap.
The market cap of Verge is now over $2,5 billion. So, a good question before you invest in Verge that you should ask is, “Is the value of Verge project really more than $2,5 billion?” If the answer to that question is, “Yes” you can invest. But if you think that the project isn’t worth over $2,5 billion, you should back down.
Then the other question is, “Will the small value of each coin affect psychologically to other investors so the value would go up?” Often investors don’t make rational decisions but the human nature and our emotions affect a lot. So, when people see a Verge coin that costs only $0,20 they may think it’s cheap while one Bitcoin that costs $20,000 may seem expensive.
That’s not rational thinking as we saw above but that’s how many (uneducated) investors may think. It can have an effect that more investors put their money on Verge and the value goes up. What do you think about this? I would love to hear from you in the comments below this article.
Is privacy a good thing when it comes to finances? Let’s discuss in the comments!
How to Buy Verge Coin?
You can buy Verge con already in many crypto exchanges. The biggest ones where you can buy Verge coin are Bittrex and Binance. Actually, around 90% of Verge trading is made in those two exchanges so they are really the major ones.
I haven’t yet written reviews of those exchanges but I’ll publish my articles in the following weeks so you’ll know more about them.
Verge coin isn’t yet listed on huge exchanges called Coinbase, Kraken or Bitfinex. If it will be listed to any of those exchanges in the future, I believe the price will momentarily jump very high. For short-term traders, that’s a good opportunity to make money. However, I don’t personally, do short-term trading almost at all. I prefer holding for the long term usually if I buy some coin.
Most people who are reading this article (probably you also) want me to give a confirmation, “go and buy Verge” because they are already interested in it. I don’t give any official investment advice but I share my own opinions.
I am personally, going to put a certain amount of my cryptocurrency portfolio to privacy coins. Will it be Verge, Monero, Zcash or all of them? I’ll keep it as my private information. I think that all of those projects have potential to become something big in the future.
When we talk about cryptocurrencies, you need to keep in mind that huge companies like IBM, Microsoft, Samsung, even JP Morgan and so on, are part of developing applications with blockchain technologies. Therefore, I believe that the future looks bright for cryptocurrencies.
Did you know that also the Microsoft is involved with some cryptocurrency projects?
I recommend that you “hop in” and invest at least to some projects that you think are worthy. I recommend that you study the biggest cryptocurrencies yourself and decide which one seem the best projects in your opinion for the long term. Which ones are going to have the most positive impact on the world if they succeed?
Don’t sell your house and put all of your money to Verge. With any kind of investing there’s risk involved and I want to be sure that you can provide the house and food for your family also in the future. 😉
Before we wrap up, I want to give you an opportunity for a proven way to make money online. It’s not a get-rich-scheme because it’s a training and a community that has helped thousands of people to make money online (including myself). Let me know if you have any questions and I’ll be more than happy to help you out.