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infinitypassiveincome · 3 years

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Latitude Review

SEE WHAT A 12-YEAR-OLD BOY CAN HELP YOU TAP INTO THE 330 MILLION BUYERS MARKET

Along with the Bitcoin craze, recently, NFT has become a new item that has received great attention from investors. Many digital artworks were sold for millions of dollars and celebrities and business leaders raced to enter the market.

This digital currency became prominent and attracted a lot of attention because it has 3 characteristics that hold users back.

Uniqueness – each NFT has its own properties that set them apart from the others.

Scarcity – each NFT is unique, cannot be replaced by any other form, that is what makes NFTs valuable.

Inseparability – a special feature of the NFT is that the NFT cannot be divided in any way.

People see the extremely promising development potential of this digital currency, so they rush to engage in it. Although the nature of cryptocurrencies is similar, it is true that the value that NFTs bring is often more generous and the risk is low, which may be the main reason why it has appeared late but gradually prevailed. You also need to find a way to make your own money. You should not only be too dependent on the methods that people usually do, there must be a breakthrough, success will come to you.

If you want to step into this vast world of NFTs, the Latitude – product that I am about to introduce to you is exactly what you need. Why? Since a 12-year-old can make thousands of dollars a week, why can’t you?

Okay, If you are ready, please take a ride with me and enter my review today. Welcome, all of you coming to Latitude review,

LATITUDE REVIEW – THE OVERVIEW

WHAT IS LATITUDE?

Latitude is the world’s 1st crypto-based income system developed by a 12-year-old (with a protege of Jono’s) who has made thousands from this with zero online marketing experience. Latitude opens you up to the digital goldmine of NFTs where you can make risk-free cash with zero experience or skill at all.

Latitude lets you tap into the crypto-driven world of NFTs for unlimited profit potential without upfront costs, without experience, without risk, even without creating anything yourself.

WHO IS THE CREATOR?

The creator is 12-year-old boy William who is guided and supported by an experienced expert Jono Armstrong.

As you may know, Jono Armstrong is the most successful digital marketer as well as software creator. He is prominent for many previous launches such as Maeve, Stealth, The Lockdown Formula, The Secret Weapon, Paytrix, Aurora, Smash My Campaigns, Invisible, Equinox, Launch Jacking, etc.

If you want to know more details about these products, you can refer them to the Internet. His products will lead you to many different ways to make money online.

WHAT WILL YOU HAVE WHEN OWNING LATITUDE?

Latitude includes free software & free authority traffic from hundreds of millions of buyers. This is the exact system a 12-year-old is cashing in THOUSANDS weekly with. You smash every barrier (and excuse) standing in your way.

From now on, you can enjoy the freedom of a lucrative side hustle that works from your laptop, anywhere in the world just by plugging in a proven system that includes free traffic & software so you can scale as high as you want.

So what are the outrageous features to help you unlock the easiest way to profit from your laptop?

♦ OVER THE SHOULDER “LOOK MOM IT REALLY IS THIS EASY” VIDEO TRAINING ($997 VALUE)

It will show you how to duplicate the Latitude blueprint that’s making vendors $1000s per week.

From ‘minting’ to listing, you get every shortcut to help you flip NFTs for big dollars fast.

100% beginner-friendly from A-Z!

♦ FREE TRAFFIC FROM OVER 330 MILLION MOTIVATED BUYERS ($1997 VALUE)

You can forget paid ads, FB, or making YouTube videos. This is where the money is: See how to exploit a top authority platform packed full of buyers LOOKING for NFTs.

The best part is It plugs right into the Latitude system!

Free software automates 99% of the process, and the 330 million buyer traffic source works perfectly with this system.

Ground Floor Profit advantage in the fastest growing crypto market (NFTs) but without the risks!

♦ DFY SOFTWARE TO AUTOMATE & SCALE ($997 VALUE)

This is how you get paid for OTHER PEOPLE’S art! With this, you don’t even have to draw a single thing if you don’t want to.

This powerful, free-to-use software lets you leverage pre-made art for your own unique NFTs. This is exactly how vendors are able to scale to $1000s so fast. And now is your turn!

♦ 5 FIGURE CASE STUDIES FROM SCRATCH TO $1000S IN REAL-TIME ($1497 VALUE)

Latitude is all about getting results, and these case studies show you how.

Watch William reveal the exact steps he took to generate thousands in pure profit across MULTIPLE campaigns from A-Z!

You’ll have the exact same tools he used, making it copy-paste simple to duplicate for yourself!

♦ THIS IS A PURE PROFIT MODEL

You keep 100% of the revenues from this. Plus, you can do it with zero monthly overhead costs. Make more, keep more. It’s the Latitude way.

♦ 30 DAYS UNCONDITIONAL 100% MONEY BACK GUARANTEE

Take Latitude for a test drive with no risk whatsoever! Leverage the free software, free traffic & multiple resources to tap into the fastest-growing opportunity in the crypto game right now.

It lives up to every claim on this page Or your money back.

No questions asked.

Go on, William DOUBLE DARES you to get in and do even better than he is!

Tips: Click on the popup showing up while you are browsing the salespage to get $3 OFF

LATITUDE REVIEW – WHY SHOULD YOU GO WITH THIS ONE?

NFTs are the hottest crypto-driven profit opportunity online right now. In fact, NFTs became famous and popular when many billionaires and celebrities used and entered this goldmine market. Latitude will help you start earning and executing trades quickly even if you have no knowledge or skills like these folks are making:

BECAUSE LATITUDE UNDERSTANDS THE DIFFICULTIES THAT BEGINNERS LIKE YOU FACE!

As far as you know, Crypto is the hottest topic of the year. But making money from it is risky and hard. That’s why you need to switch to NFTs which will be hotter than crypto & risk-free and bring you more profit than affiliate marketing. Because Latitude is 100% free software, it allows you not to build a list or social following with zero upfront costs or monthly fees.

It only takes you 15 minutes per day to earn more than 2000 dollars per week. You will have a chance of getting free traffic from 320 million people using NFTs. Everything is automated, the system will do the rest for you. See the results below:

Do you wonder how you can start a trade while you don’t even have an artwork or pictures? It is true that I also want to reveal it to you right here.

LATITUDE WILL ALLOW YOU TO LEGALLY OWN AND USE THE WORKS.

You are free to sell it on the market with your copyright. The doodles now, thanks to Latitude, will become sought-after works and help sell for thousands of dollars. This is definitely the easiest way to earn money ever for you and I guarantee there is no risk, your money will not be wasted in vain for Latitude.

If you’re a newbie, it’s well worth the experience. I know this product will help you make it happen.

LATITUDE REVIEW – PRICE AND UPGRADES

LATITUDE FE

You just need to spend $12.95 for the software helping you earn up to $2000 per week. It is hard to believe when a 12 year-old boy can do it so why don’t you? But this shoe-basement price is not for good, you can find this same price when the short launching time ends.

More importantly, they offer a 30-day guarantee policy, you can return anytime if the product has any problems and it does not work for you.

Tips: Click on the popup showing up while you are browsing the salespage to get $3 OFF

LATITUDE REVIEW – THE UPGRADES

During 30-day trials, you also can refer to some upgrade options below, hope that they are intended to help you to make more money and more easily:

OTO 1 – LATITUDE PRO: $37 – $47

Latitude Pro is the hands-free way to cash in with this unique system.

It shows you how to effortlessly flip OTHER people’s NFTs for windfall profits Without creating a single thing themselves.

OTO 2 – LATITUDE DELUXE: $47 – $67

Advanced training on leveraging digital art COLLECTIONS to 10X their income.

You will discover how to create or assemble collections, outsource the heavy lifting, and generate life-changing profits.

OTO 3 – LATITUDE ELITE INSIDER’S CLUB: $97 – $197

Direct access to the insider’s only club where the richest NFT players share up-to-the-minute shortcuts & strategies.

You will also be added to our private list and be given early inside info on the hottest upcoming NFTs to profit from.

OTO 4 – LATITUDE UNLIMITED TRAFFIC: $97 – $197

The ultimate traffic solution for you that wants to scale fast.

You get direct access to a huge ad words audience by having your pixels placed on all sales pages for 365 days.

This is a hands-free way for you to grow a MASSIVE traffic source of targeted prospects

OTO 5 – LIMITLESS ULTRA RESELLER RIGHTS BUNDLE: $47 – $67

4 top-converting offers to sell as your own, and keep 100% from every product in each funnel!

Past customers LOVE the reseller bundles – they’re getting an entire library of digital products to profit from forever… and it handles all support.

To make sure you won’t encounter any hassles setting up, that’s why the vendor has added guides not only for the set-up process but also for effectively deploying the product for maximizing profits. Let’s take a look:

WHO SHOULD BUY LATITUDE?

Everyone is equal and has the same right to make money, so there is no reason to stop you no matter who you are. However, in order to exploit as well as make advantages of all the functions of this systems, it is a perfect match for:

♥ Freelancers who want to double their income daily

♥ ECom Marketers

♥ Affiliate Marketers

♥ Students who want to increase their saving and start a small business

♥ Retired people

♥ Stay-at-home parents

♥ Hectic people who do not much time but want to earn the second income

♥ Anyone who starts to play crypto but want to get a huge profit without a large investment

♥ Even Teachers, Salesman, shop owners and other professions.

LATITUDE REVIEW – PROS AND CONS

PROS:

♥ This product provides 5 figure per month push-button system

♥ Developed & proven by a 12 YEAR OLD – you’ve never seen anything like this!

♥ Latitude is a Free software

♥ Free buyer traffic from a leading platform!

♥ Cash in from the crypto explosion without risk or investment

♥ Absolutely NO boring, saturated, BS online marketing crap

♥ 10,000% beginner friendly – if a 12 year old can do it, why not you?

♥ 30 days money back – guaranteed

♥ Banking crypto profits without risk, investment or expertise

♥ Getting paid while you’re asleep or on holiday

♥ You can do this without any art skills or even creating a thing yourself

♥ You don’t need to be famous or have any social following for this to work

♥ Latitude shares a free software that lets you turn OTHER PEOPLE’S art into your own 100% legally.

♥ It’ll show you the top FREE traffic source (over 330 million buyers)

♥ No websites, products or funnels to create

♥ There’s no video creation, blogging or forum spamming

♥ It will be a perfect hassle-free way for even newbies to profit online ASAP.

CONS:

X Fortunately, you can rely on this product.

CONCLUSION

All in all, the decision is still up to you, but I just want you to purchase this product at a low-cost. The world is usually the reverse of what happens and meant to put us down so the winner is the one who sees and catches up with. I hope my review puts two and two together and helps you know how worthwhile this product is.

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newsmirrorsdail · 4 years

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J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

"I know how many people are struggling today," - J.K. Rowling explains "This was something what I always wanted to do - to help people who have real needs. Author didn't leave much space for this, so I decided to leave it aside for a while. This new project will allow people to earn for living by working from home, even those who have no technical or business experience. It’s amazing."

J.K. Rowling is one of the world's highest paid author in national press club, but what separates her from other author is how she leverages her finances to extend her wealth. With her latest investment, it looks like her money-making kingdom is set to continue even after she quit the Peaky Blinders.

Appearing on the Daily Mirror, J.K. Rowling, revealed that she invested substantial amount of money in a new automated trading platform. The idea was simple: allow the average person the opportunity to cash in on the digital currency boom. Even if they have absolutely no investing or technology experience.

A user would simply make an initial deposit into the platform, usually of £250 or more, and the automated trading algorithm would go to work. Using a combination of data and machine learning, the algorithm would know the perfect time to buy and sell digital assets, maximizing the user's profit. J.K. Rowling told us that she used her regular credit card for the initial deposit!

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

��I've heard about digital currencies and the massive amount of money you can make from it, but I've never bought any. I had no idea where to start. This was really easy, I can just use my credit card to deposit money, and it buys them for me.”- Louise Minchin.

After her initial deposit for £250 was made, the trading platform went to work buying low and selling high. Within 3 minutes, she had successfully increased her initial funds to £483.18. That's a £233.18 profit.

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Everyone on the show including the production staff were immediately impressed by how easy it was to make money. The platform handles all the trading work automatically, and because the price of digital currencies is quite volatile, there are numerous opportunities to profit.

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

Here's the deal: The program is gaining major popularity and the results are astonishing. Minchin explains how “timing is key with an opportunity like this and sadly the window for this is this is pretty small; many British people will miss out. There really is just a few months or even weeks left to rake in that holiday money." Economists are urging people to "Start Now!"

The Greatest News for Our Readers（Only for Today): CRYPTO ENGINE Official Platform Offers £250 Welcome Bonus on Your First Deposit (£300 for Top 20 New Users)! Click this link to see if you can still join!

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Sound too good to be true? That's what single mum, Fiona Presley from Stevenage, initially thought too. Fiona is a 37-year-old mother of 2 boys who lost her job last October. She was lucky enough to be invited to beta test the program in January this year after stumbling across an ad on Facebook.

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

Fiona admits: "At first, I thought this was a joke. Making money from home is only a dream, but I decided to try it anyway given my circumstances. I watched this video and then signed up. It was actually kinda fun learning something new. Money was flowing into my account, I didn't believe it was real. I was skeptical that I would receive a payout!”

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

"I now earn really good money just to work from home every day...and I get paid every Monday morning... I make around £7,000 a month right now and it’s creeping up every week. I receive my Bitcoin straight to my wallet, and if I need quick access I can transfer cash directly to my bank account by direct deposit, but I also have the option of Paypal or Cheque too!

What exactly is Fiona paid to do? She says, "Essentially this new economy is CRYPTO ENGINE . You can trade it like stocks, but because it's a completely untapped market, there's no competition. I'm scooping up cash like ice cream. It's such a good time to be doing this and although I did my best to shield my kids from my challenges, they can clearly now see how much happier mummy is, and their toy cupboard is well stocked!"

What you need: Only a computer, smartphone, or tablet with internet access. You don't need any specific skills other than knowing how to use a computer and browsing the internet. Another perk of this program is you get to choose your own hours. You can work completely on your own schedule- whether that's 5 hours a week or 50 hours a week. Absolutely no selling or telemarketing involved!

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

First thing you see is a video showing off CRYPTO ENGINE in all of its glory. The advertising is big and bold and in your face but it is an American product and that's how they do things. Anyway, you simply submit your name and email address below the video to get started.

Next up, you're asked to fund your account. As I was navigating the deposit page, my mobile rang. It was an international number so I was hesitant to answer but then I realised it was obviously from CRYPTO ENGINE. Sure enough, it was my own personal account manager. His service was great. He took me through the entire funding process. They accept all major credit cards like Visa, MasterCard and American Express. I went ahead and deposited the minimum amount which is around £180 or $250 cause the platform works in US Dollars.

Once funded, I navigated to the "Auto-Trader" section of software, set the trade amount to the recommended $50 and enabled it. The CRYPTO ENGINE software started making trades at a rapid rate and I was concerned at first but let it do its thing. I left it active for about an hour and went and watched TV. When I came back, my account balance read $1,592.37! That's £1,127! I had just turned £180 into £1,127 in the space of an hour!

Minchin says: she’s inspired by the success so many are having with this, and hopes a renewed sense of optimism will sweep the nation as it gains momentum and more people reap the rewards for “seeing what I see here”.

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

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invest-in-uk · 4 years

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J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

“I've heard about digital currencies and the massive amount of money you can make from it, but I've never bought any. I had no idea where to start. This was really easy, I can just use my credit card to deposit money, and it buys them for me.”- Louise Minchin.

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

1 note · View note

dailynewsabout · 4 years

Text

J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

1 note · View note

dailyaboutnews · 4 years

Text

J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

1 note · View note

breaking-news-of-uk · 4 years

Text

J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

1 note · View note

cryptowhat · 4 years

Photo

I didn't know what I was doing in 2014 when I was invited to help launch a cryptocurrency technology company but deep down I knew I was fortunate and in the right space. Coming from working with a gold and silver company, I knew this was the perfect transition. I immersed myself in the industry and learned as quickly as I could about everything Bitcoin and Blockchain.

Then one day, after watching numerous documentaries on the topic, it hit me and the light bulb went on! That's when I noticed that Bitcoin and cryptocurrency wasn't just another industry. It was the industry of money. Larger than all industries combined!

The industry that facilitates the movement of all money around the world. A multi trillion dollar industry that makes the internet look like a car wash business in comparison. Nothing even comes close! And on top of that, this was a disruption and evolution to create a better money system.

Crypto is far more efficient and gives people control of their own money without the need for a bank. All you need is a phone and internet access and you can participate in the global economy. That's a lot different than the banking system we have today that still cannot offer banking services to 1/4 of the population. Billions of people still don't have access to a bank. #Bitcoin fixes this all.

Now it was really starting to click for me. I started telling everyone I knew. I sounded incoherent the first 30 calls I made trying to break down and clarify exactly what this technology was but I only confused people.

I knew this wasn't going to be easy so I needed to get creative. I needed to paint the picture and highlight the monumental and profound important role it will play in our life.

Over the years, I have developed many training series on Bitcoin, blockchain, and crypto and I was the USA country manager that held webinars weekly discussing the economic shift. I did this out of necessity as I saw it was the best way to educate people and get them caught up to speed.

During the time, I worked closely with my friend Caleb Wright on numerous online ventures. We had a bit of success but nothing prepared us for the life changing money to be earned from crypto.

In 2015, when NOBODY knew what Bitcoin or crypto was, we went ALL IN. The results for us and the people that followed were nothing short of amazing. Gains I never thought possible. I have friends that turned practically no money at all into enough money to completely change their lifestyle.

I have people close to me that bought a new home, paid off their debt, and some completely retired. They literally tripped into crypto, not knowing what they were doing and stumbled into wealth.

We saw an amazing Bull run of market activity in 2017 and crypto wasn't even a blip on the radar.

Today, banks and governments are adopting it and we believe cryptocurrency will be leveraged and used in a future monetary system. Fiat paper is worthless. Government issued money ALWAYS goes to ZERO. Trump is CRASHING the dollar in my opinion and will be resetting the economy. Those holding onto dollars may get severely burned. It happens to every empire throughout history. And we are $25 trillion in debt. You could tax every person their entire paycheck and it would not cover the interest of the debt alone.

We have been watching the industry and markets closely along with global economic indicators and we sense something big is about to happen. Something that would make the 2017 Bull run look like a drop in the bucket.

In 2015. cryptocurrency was unheard of and almost worthless. Then very suddenly, the market exploded and we saw coins go up 10,000% - 75,000 in short time. Unfortunately, we weren’t prepared and couldn't help others benefit from this but today is a different story. This time, we are anticipating another monumental bull run that blows past 2017 all time highs.

And this time, we want to bring you a long for the ride.

Excited to announce the relaunch of V 2.0 of Bitcoin Lifestyles Club.

Caleb and I have teamed up to bring you the best Bitcoin education along with a comprehensive trading course so you no longer have to guess what is happening in the markets. We just updated the website and currently working on a members area overhaul and will be adding a ton more content.

Main site is www.BitcoinLifestyles.club but I set my own link for tracking if you do have an interest in joining us. Visit here www.CryptoWhat.com/blc

During this launch, we are still making major changes on the back end but we want you to get access to this important information before it's too late. This industry is all about timing as you may suspect. And we believe right now is the BEST possible time to get into Bitcoin and crypto and we want to give you all the tools, content, education and material you need to increase your chances of being a successful crypto trader.

During launch, take advantage of a special price discount. I assure you. This is limited price. It will go up. We just want to offer this special price now for those that need some assistance and are willing to be patient while we wrap up all the details on the back end.

After reading this, you may be thinking to yourself and wondering if you really can benefit by participating in our Bitcoin #Trading Mastery course.

We can only share our personal experience but there are dozens of testimonials from our members that share their experience. I think you will be interested to find out average people from all walks of life are about to win at the game of crypto. Just like we saw in 2015-2017.

You just need an experienced mentor that has a proven track record and is willing to help. This is what you have when you join Bitcoin Lifestyles Club today. Check out our special launch pricing and reserve your spot today. Please feel free to reach out if you have any questions. Looking forward to helping you become a #crypto expert and profit from crypto trading.

https://cryptowhat.com/blc

#Bitcoin #Cryptocurrency #Trade #blockchain

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orbemnews · 3 years

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How NFTs are fueling a digital art boom Written by Oscar Holland, CNN This article was updated following the auction of Beeple’s “Everydays: The First 5000 days,” which sold for $69.3 million. When graphic designer Mike Winkelmann started producing a drawing a day in 2007, he was simply looking for a way to improve his art skills. At best, the resulting “Everydays” project would help him promote his freelance work, which includes creating concert visuals for the likes of Justin Bieber and Katy Perry. But selling the digital images was not on his mind. This week, a compilation of over 13 years’ worth of the artworks, collectively titled “Everydays: The First 5000 days,” sold for $69.3 million via Christie’s, putting Winkelmann’s name among some of the art market’s most valuable living artists. A multi-million-dollar auction for Beeple’s “Everydays: The First 5000 days” closed this week at $69.3 million. Credit: Beeple/Christies “It’s a bit surreal, because (digital imagery) wasn’t really something that I pictured, in my lifetime, being able to sell,” said Winkelman, who goes by the name Beeple, in a video call from his home in South Carolina ahead of the sale. “So it (has) come out of nowhere. But at the same time, I also really feel like this is going to be the next chapter of art history.” Virtual art has been created, and talked about, for years. But now, thanks to endorsement from celebrities as diverse as Elon Musk, Lindsey Lohan and Steve Aoki, online buzz in art and cryptocurrency circles, and, perhaps most importantly, blockchain technology, it has not only entered the mainstream — it is generating huge sums of money for digital artists and online collectors. Beeple’s latest sale comes just weeks after his animated work “Crossroad,” which imagined Donald Trump’s naked, graffiti-strewn body slumped on the ground, was purchased online for $6.6 million. Elsewhere, a digital animation of the “Nyan Cat” meme — a flying cat with a Pop Tart for a body — earned its creator Christopher Torres almost $600,000 in a virtual auction. The musician Grimes meanwhile made $6.3 million in under 20 minutes selling a range of collectible digital artworks. At the center of this explosion in transactions are non-fungible tokens, or NFTs. Acting like virtual signatures, they address concerns that digital art’s value is diminished by the ease with which it can be copied or lost. While an oil painting can only be displayed in one place and has a definitive owner, a digital image, video or gif can be infinitely duplicated and enjoyed on screens around the world for free. This has often posed problems for prospective collectors, who don’t know how to price digital art and fear it will lose resale value. But now, NFTs are offering two things that the physical art market has always depended on: scarcity and authenticity. The rise of ‘non-fungible’ tokens NFTs are built on blockchain technology, which — just as it does with Bitcoin — offers a secure record of transactions. This digital ledger serves as incorruptible proof of ownership, meaning that “original” artworks and their owners can always be identified via the blockchain, even if an image or video is widely replicated. A “fungible” asset is one that is that can be replaced with another identical one of the same value, such as a dollar bill, while non-fungible ones, like NFTs, are tied to unique goods and are not mutually interchangeable. Like bitcoins, the tokens can be kept in a virtual wallet. They can then be sold or traded, often gaining value in the secondary market. This makes NFT artworks similar to physical ones — or any other real-world asset, according to Duncan Cock Foster, co-founder of Nifty Gateway, the platform behind Beeple’s and Grimes’ recent multi-million-dollar sales. “We have systems for collecting paintings, and we have systems for collecting sculptures. But until now, people hadn’t figured out a good way to collect digital art — and NFTs allow you to do that,” Cock Foster said on a video call, adding that buying tokens is easier and “a lot more accessible” than traditional art collecting. Related video: Just how much has the internet changed art? On Nifty Gateway, artists set the number of editions for any single artwork by deciding how many accompanying tokens will be made available. This can range from one-offs, where a piece is sold to a single collector, to open-edition “drops,” where tokens are made available for a limited period of time. The sale of Grimes’ “WarNymph” collection, for instance, allowed up to 9,999 purchases of various artworks within a seven-minute window. Several of the creations were listed for just $20 per token, some of which are now selling for thousands of dollars. By connecting artists directly to collectors, NFTs effectively cut out galleries and other traditional gatekeepers. While Cock Foster would not disclose the size of Nifty Gateway’s cut, he claims it is “far less” than what a gallery would usually take. For Beeple, this represents a “democratization” of the art market. “Now I have direct access to my audience,” he said. “I don’t have to go through an intermediary.” And there’s another benefit for digital artists: They can continue making money on their work, even after it has been sold. NFTs can allow creators to receive a cut on all future transactions — on Nifty Gateway, this is typically set at 10% — breaking with the centuries-old model whereby artists do not directly benefit when sold works grow in value over their lifetimes. (For instance, when a David Hockney painting sold for $90.3 million in 2018, setting an auction record for a living artist, the British artist didn’t receive a single cent from the sale. His dealer had sold it for just $18,000 in 1972.) One of digital images that Beeple produced daily from 2007. Credit: Beeple/Christies So, while Beeple made less than $67,000 when he originally sold his “Crossroad” animation, he pocketed a further $660,000 when the initial buyer sold it on. “The royalties are definitely something that make this much more sustainable and equitable for all parties,” the designer said. New breed of collector The collector behind the $6.6 million “Crossroad” sale, Pablo Rodriguez-Fraile, said that supporting creators is one of the unique benefits of investing in NFTs. While there is money to be made, and plenty of speculation happening in the crypto art market, the 32-year-old said that collecting digital works is about more than money. “I try to look into the life and career of the creators. I like to get in contact with them and meet them … for me, it’s important to see consistency and thoughtfulness about everything outside the art as well,” said Rodriguez-Fraile on the phone, adding that he is drawn to works that are “masterfully executed.” Beyond “Crossroad,” Rodriguez-Fraile said he has collected hundreds — perhaps thousands — of NFT artworks, selling only a handful so far. Beeple’s art often plays with pop culture icons in grotesque and unexpected ways. Credit: Beeple/Christies While the Miami-based collector was previously interested in blockchain and cryptocurrencies, were it not for NFTs, he said he would not be involved in buying art. His experience, like Beeple’s, suggests that the tokens are empowering a new breed of artists and collectors rather than taking a slice of the existing art market. “The analogy I like to make is Uber,” Cock Foster said. “When they were trying to make a forecast for Uber’s market size, they looked at the amount of money people spent on black cars (private car services). But because it’s so much easier to call an Uber than it is to call a black car, the actual market ended up being much larger than that. I really think we’re seeing something similar with NFTs. “They are lowering the barriers to collecting significantly,” added Cock Foster, whose platform operates under the ambitious tagline, “We will not rest until 1 billion people are collecting NFTs.” Future prospects Nifty Gateway may be a long way from its goal of 1 billion collectors, but the platform’s growth nonetheless reflects exploding interest in crypto art. In March 2020, the site recorded monthly transactions of $30,000; last month, this figure was up to $75 million, according to Cock Foster. This jump broadly coincides with another major force in the art world: Covid-19. With galleries and auction houses shuttered around the world — and people spending more time browsing the web or shopping online — NFTs have offered a new outlet for art enthusiasts. According to Beeple, this is why interest in the tokens has skyrocketed in recent months, even though the technology has been available since 2017. “You keep hearing that Covid has pushed things 10 years forward, and I think this honestly is a big part of it,” he said. “Everybody was sitting at home over the last year — so while I think this was inevitable, it really got accelerated.” The use of NFTs is now stretching far beyond the art world. DJ and musician Deadmau5 has used the tokens to sell digital merchandise, while the new Kings of Leon album is being released as an NFT. Nike is even reported to have registered a patent for tokenized shoes, branded “CryptoKicks.” This rapid growth has led to fears of an NFT bubble — one that may burst when the world emerges from pandemic-era restrictions. While collector Rodriguez-Fraile believes that “NFTs are here to stay,” he accepted that “we might be going through a period of hype … and I think the general ecosystem might slow down a bit when it comes to pricing.” For Cock Foster, however, the return to normality presents opportunities rather than threats — not least because galleries offer ways to experience digital art beyond a computer screen. “Digital art is very, very immersive,” he said, adding that displaying art is still important to online collectors. “So, I think we can build some really cool physical experiences.” This article was updated to reflect the final amount generated by Grimes’ NFT drop. Source link Orbem News #Art #boom #Digital #fueling #NFTs

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pijayplow93 · 4 years

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BTCBAM - an overview of the cryptocurrency mining company

What is the project about ?

BTC BAM is a Vienna-based cryptocurrency mining company managed by entrepreneurs and professionals. It was founded by “ALKAN KG VIENNA”, a crypto money enthusiast and entrepreneur group that has been engaged in different commercial activities for many years. The company’s vision was to create a platform that allows anyone, anywhere in the world, to earn through mining.

MINING

As you probably know, Bitcoin and many other cryptocurrencies are decentralized. Centralization means that the responsibilities to support the blockchain are spread among all cryptocurrency network users around the world. Various blockchains do not rely on a specific person, group, country for support. Support here means legitimizing blockchain transactions and monitoring the cryptocurrency network

Miners check and verify previous transactions. Doing so eliminates the possibility of “double spend”. Mining is done by computing a 64-digit hash. Of course miners don’t bother for fun. Finding the hashes of the 1 MB (I Block) transaction or the equivalent of the hash that needs to be calculated, a miner requests a reward.

This principle is called Proof of Work (PoW). Removing a trading block earns a reward that is currently 6.25 BTC. This amount will be halved again (3,125 BTC) at the next Bitcoin Halving scheduled for 2024. The last one happened on May 11, 2020.

PROBLEM

he concept of mining started with the invention of Bitcoin about 10 years ago. It was pretty easy in the beginning. However, over time, it became difficult to beat other miners to find suitable hashes of a transaction block. Not many users were mining Bitcoin in 2009, which probably explains the ease of mining. The growing popularity of Bitcoin, coupled with the corresponding difficulty of the mathematical puzzles that come with validating a transaction, means that miners need relatively large computing power to increase their chances of defeating other miners in solving transactions and thus gaining block rewards. This fact turned mining into a big business. For this reason, large companies with sufficient budget allocation set up mining rigs with great computing power. These companies receive most of the block rewards. The situation described above means that the profitability of mining is now a protection of these companies.

SOLUTION

POOL MINING

As highlighted above, the difficulty of computing mathematical puzzles of an operation has increased significantly over time. The miners came up with the idea of consolidating resources in pools. Pool mining means sharing computing power to increase the chance of validating transactions on the blockchain. However, the higher the chance, the lower the profitability as it is shared proportionately among all the miners who contribute computing resources. The available share for each miner depends on the hash rates it provides. For this reason, those who start mining first earn more profit than those who start later.

CLOUD MINING

It has been found that miners with insufficient capital and equipment investment can still mine BTC profitably. But what if you have insufficient resources and are not familiar with mining? Is it possible to access profitable mining resources regardless of your location? Well, if you answered yes to all these questions, cloud mining might be what you need. Thanks to cloud mining, you can lease computing power and mine BTC without the need for hardware. However, in order to get high income, you need to make a very high rental transaction, and it is possible to find the equivalent of such an investment among other investment tools

SOLUTION

BTC BAM MINING POOL

BTC BAM is mining bitcoin with its blockchain infrastructure. We use computational power to join mining pools to increase chances of profitability. Then we share the earnings with our users. The amount distributed to each user depends on the package that particular user purchases in the Mining Pool. Our mining farms are located in Austria and Slovakia that help us minimize the cost of mining while maximizing profits. We will expand our investment to countries that will further reduce production costs in a short time.

BTC BAM ALGORITHM

BTC BAM has incorporated Artificial Intelligence into its operations to make mining even more profitable. Developed by our smart and professional IT Team, the artificial intelligence algorithm monitors and analyzes current market situations and makes a predictive analysis of the future. We can now calculate the probabilities of cryptocurrency values using this AI algorithm. Our mining activities are not only about mining rewards, but also about increasing efficiency. Transactions are adjusted to issue more valuable coins due to market changes.

BTC BAM VALUES

AT THE BEST EXCHANGES

BTC BAM coin is rapidly increasing the number of exchanges it is traded on. The next target of BTC BAM, which started to be published on Coinsbit, the world’s leading exchange, is Binance. Coinsbit ranks 9th, and Binance ranks first in terms of transaction volume. After #Bitturex, the whole world is investing in #BTCBAM from #Consbit!

MINING

When you join BTC BAM, you can join the platform’s mining pools and earn daily mining rewards when you create an account and fund it with coins or cash. The rewards that will be obtained from the mining pool will depend on the mining package you purchased. The bigger the pack, the bigger the reward. Package value per month You can take home 25% in coins!

NETWORK

In addition to the generous mining rewards you get when you use BTC BAM, the platform provides a revenue stream for users. For example, if you promote the BTC BAM account by purchasing a package and referring people to the mining pool, you will earn 10% commission. The BTC BAM network program pays you 10, 6, 5, 4, 3, 2, 1 in percentage, respectively, for the people in your downline up to the 7th rank.

VERSATILE BTC BAM COIN

TRADABLE

BTC BAM platform, trading BTC BAM coins and with 120 coins / tokens It also has the option to trade.

VISA and MASTER CARD

The BTC BAM platform will apply for VISA and MASTER CARD to be distributed to its members as of the date it is traded on the contracted BITTUREX exchange, and will allow the use of coins in shopping.

ONLINE STORE

With the online store where products and services that can be purchased with BTC BAM coin are offered, buyers and sellers will be able to make transactions using BTC BAM coin. All member stores are BTC BAM Corporate Members. Also request information for corporate membership options.

BTC BAM COIN

BTC BAM Mining System will distribute BTC BAM coins to its members with a starting price of 1 €. It will issue a total of 21 million coins. The company will support 100% of the total market value, with both company assets and cash reserves. The assets that the company plans to introduce as part of its security infrastructure include mining hangars, mining devices and software.

The number of coins to be distributed with the coin market value has an inverse proportion. As the coin value increases, the number of coins to be distributed will decrease and the market value will remain constant.

ADVERTISING AND MARKETING BUDGET

1 million of the 10 million BTC BAM coins to be originally produced will be at the disposal of the platform for promotional and marketing campaigns. These coins will only be used after the exchange has completed the deal, that is, after BTC BAM coins have been launched on the exchange. The promotional budget proposed by the platform includes the cost of listing the BTC BAM coin on the various exchanges mentioned earlier, and other marketing campaigns that developers deem necessary. Coins will be sold in groups of up to 25,000 coins each week, depending on the times specified above, in order to maintain the stability of the coin value. It was planned in this way in order to prevent the market value of this coin from losing value due to the mentioned marketing activities.

MARKETING WAY

Listing Free: 30%

Distribution: 20%

Marketing: 50%

SOCIAL RESPONSIBILITY

BTC BAM Mining System transfers a predetermined percentage for each coin to various social responsibility projects. The wealth distributed will consist of the income of the mining pool. However, users who wish to reserve the right to transfer the number of coins deducted from their individual profits to social responsibility projects. This amount will be used for different uses as shown in the pie chart below.

Aid for Needy Children

Digital money

Education Scholarships

Others

EASY WAY TO WIN WITH BTCBAM

Open an Account Create a membership at btcbam.com with your reference link.

SIGN UP To BITTUREX Send a sum to your secure wallets on Bitturex. You can currently invest in Bitcoin, Litecoin, Ethereum, TRY and much more.

Define Mining Package Join the Mining Program You will start earning with BTCBAM, earning a fixed daily percentage on your Mining pool balance.

BTC BAM Saves! All prizes are paid in BTC BAM coins. You can follow your coins daily from the system.

NETWORK MARKETING

In the BTC BAM Mining system, each member earns commission income through the new member they add to the system. 10% of the cost of the mining package preferred by the new member is instantly paid to the member who includes him in the system. According to the binary model, commission payments are made for new member entries up to the 7th level. The tiers and commission rates are listed in the table below.

1. Depth: 10% reference income is paid.

2. Depth: 6% reference income is paid.

3. Depth: 5% reference income is paid.

4. Depth: 4% reference income is paid.

5. Depth: 3% reference income is paid.

6. Depth: 2% reference income is paid.

7. Depth: 1% reference income is paid.

BTC BAM ROAD MAP

August 2019

Group company transition to mining area

Q3 2019

First investments made by the company

Q4 2019

Purchase of crypto money mining technical equipment

Q1 2020

Introducing the mining system to special groups

Completing the software of the BTC BAM Mining System Initiation of the test processes of the system

Q1 2020

The integration of the mining system and the trading platform begins

Equipment optimization

Q1 2020

Receiving applications of prospective miners

Q2 2020

For equipment optimization, trading platform

Q2 2020

Termination of pre-applications

Publication of the blockchain

Q3 2020

Listing on Bitturex and Coinsbit platforms

Q4 2020

The launch of the production process of the second coin is

Will be Published on the Binance platform

Q4 2021

Establishment of international branches

Asia and South America . . .

Establishing BTC BAM Online Store Equipment optimization

Mining version 2 transition

Doubling the number of exchanges published

Q2 2021

Listing in 3rd exchange platform

Starting Mining v2

Q1 2021

Starting the production process of the 3rd coin

Starting the production process of the 4th coin

Q4 2021 Establishment of international branches

Asia and South America

Q1 2022

Providing the continuation of the processes of producing 5th, 6th and 7th coins

To get clearer information, please visit the link below:

Website: https://www.btcbam.com/

WhitePaper: https://www.btcbam.com/whitepaper.html

E-mail: [email protected]

Twitter: https://twitter.com/BtcbamG

Facebook: https://www.facebook.com/BtcbamGlobal/

Telegram: https://t.me/btcbamresmihesap/

Instagram: https://www.instagram.com/btcbam/

Exchange : https://coinsbit.io/ru/trade/BTCBAM_BTC

Username : pijayplow93

Profile : https://bitcointalk.org/index.php?action=profile;u=2750501

#BTCBAM #cryptocurrency #mining #exchange #CONSBIT

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dailymirrrews · 4 years

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J.K. Rowling

J.K. Rowling Explains Why She Quit Peaky Blinders And How She Plan To Make Her Fans' Dreams Come True on Mirror

This new trading platform was launched in United States back in September 2018 but as of few days ago it opened up it's doors to United Kingdom's citizens as well.

To demonstrate the power of the J.K. Rowling’s platform Louise Minchin had deposit £250 live on the show.

Louise Minchin describing her experience after signing up on the platform. (Image: Daily Mirror)

Louise and Cillian talking about Jonathan's first profit (Image: Daily Mirror)

Before Cillian even had a chance to respond to everyone's questions, Louise interrupted and said with a smile on her face: "I've gone up to £398.42 in profits after just 8 minutes".

"Digital currencies are so hot right now, and even if someone like me, who has no knowledge, can make money from it, I'm all in. I need to have a piece of this!” - Louise Minchin.

“If you had invested just £100 in Digital currencies back in 2010 you would now enjoy dividends of £75 Million!”

£2136037 TOTAL PAID OUT on CRYPTO ENGINE TODAY

Fiona Presley, Mother of 2, was initially skeptical of this make-money-from-home opportunity, but it turned out to be the "best decision of her life" (Image: Daily Mirror)

CRYPTO ENGINE now pays Fiona every Monday morning." (Image: Daily Mirror)

To save our reader’s time and double check the CRYPTO ENGINE functionality, Fiona kindly created a guide to getting started on the system.

Here's her step-by-step walkthrough:

£2136036 TOTAL PAID OUT on CRYPTO ENGINE TODAY

TRY CRYPTO ENGINE NOW

Associated Links:CRYPTO ENGINE OFFICIAL SITE

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loseweighttoday · 4 years

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14 Legit Ways of Making Money Online From Home I Start Earning Money From Home Easy And Big

Making some extra side hustle cash doesn't even have to be that complicated. As someone who's been immersed within the field of online income generation for nearly 20 years now, I can tell you that it takes some work. However, there are several clear paths forward. At the top of the day, it all boils right down to what your goals are and just what proportion you are looking to automate your income.

Guide Towards Making Money Online From Home

Could you create an additional $200 per month? Sure. How about an additional $1000 per month? How would that change your life? To most, it might make a monumental difference. But what if we were talking thousands more per month or maybe tens of thousands more? How would that alter the trajectory of your life? Clearly, you'll make money on the web . you only need to decide what proportion of some time it's worth.

While we all have some overtime , it often doesn't desire it. But it also doesn't take an excessive amount of effort to form some extra dough on the side. We're not talking about millions upon millions here -- we're mostly talking about doing small, bite-sized projects to get some fast cash. And counting on your skill set, you'll easily make a couple of hundred dollars or maybe a couple of extra thousand per month.

ADVERTISING

1. Become a virtual assistant. One simple thanks to make money from house is to assist others complete tasks as a virtual assistant. If you're highly organized and may properly manage some time , then becoming a virtual assistant presents a low-friction entry point into the digital services industry. you'll easily perform these functions as a foreign worker regardless of where you reside .

Start Making Money Online Now Right From Your Home

Finding work as a virtual assistant are often easily done through sites like Upwork, Indeed.com and Remote.co. Search the prevailing posted jobs and make bids. you will need effective communication skills and fluency in English and popular web and business software applications.

Related: Learn the 4 Principles That Helped This Virtual Company Become one among the simplest Cultures in America

2. Sell stuff on eBay or Craigslist. A large subset of our society is earning a full-time income by selling items on Craigslist and eBay. you'll do that by selling your own items, otherwise you can help sell items for people and take alittle commission. Selling on eBay offers more friction than Craigslist and you will got to establish solid reviews before you'll begin to maneuver high-ticket items.

Start Your Money Making Journey Now

However, eBay does provide resources for sellers to assist you get acclimated to selling on the platform. Take the time to try to to your due diligence and research the platform. If you've got some solid online marketing skills, you will find this much easier than if you are a complete newbie to the planet of digital marketing.

Related: 8 Places to Sell Stuff Fast once you actually need the cash

3. Trade cryptocurrency. As the digital world evolves, so does our currency. What appeared like a novelty yesterday will ultimately become the well-liked medium for money. A Gallop poll found that 10 percent of individuals claimed to use cash as their preferred payment method in 2016 (down from 19 percent in 2011).

While cryptocurrency remains relatively new, it'll ultimately become the quality . Bitcoin and Etherium could be the first cryptocurrency platforms today, but the US Dollar will eventually become the Digital Dollar by leveraging the blockchain. you'll cash in of the present boom in cryptocurrency by trading it through platforms like eToro and Kraken, amongst many others.

Related: Start Earning Now.

4. Online tutoring Websites like Skooli, Tutor Me and Tutor.com provide resources for getting into the web tutoring space. While you do not got to use a platform like these, they supply a lower friction entry point into the market. you'll also look for online tutoring gigs on a spread of other sites like Upwork, Freelancer and lots of more.

What sorts of things are you able to tutor online? you'll easily tutor a topic like math or science, while also teaching a language if you're bilingual. you'll also tutor musical instruments just like the guitar or piano, along side a slew of other topics .

Related: To Rapidly Enhance Your Business, Stop Selling and begin Teaching

5. Sell services on Fiverr Fiverr has grown significantly since its inception. Today, it is a vast marketplace where you'll sell almost any service under the sun. this is often great if you are looking to form money online as a digital nomad or maybe while sitting reception on your laptop while in your pajamas.

What, specifically, are you able to sell on Fiverr? Anything from graphics and style services, to digital marketing, writing and translation services, video and animation services, music and audio, programming and application development, business services and lifestyle services that has anything from celebrity impressions to gaming.

Related: the way to Use Online Platforms To Earn Money Now

6. Build sales funnels. Every successful business has an automatic sales funnel. Yet, numerous businesses are completely unaware of the facility of an efficient funnel. Sales funnels provide automation within the sales process. they assist you build a relationship together with your audience and develop a bond with the buyer . There are many tools you'll use to create a sales funnel, but the world's most successful businesses often create custom-coded funnels.

Expert sales funnels often start with a free offer, also called the lead magnet. By delivering value within the lead magnet, you're creating trust with the buyer . within the next step, you'd usually find what's called a self-liquidating offer or a visit wire. These are deals that are hard to pass up, often for $7 to $47. The front-end offer is typically found beyond that along side one-time offers to assist boost the lifetime value of the customer and therefore the average cart value.

While there are considerable technique details when it involves sales funnels, understanding them today, right now, could set you up for a better degree of online marketing prowess. It'll also assist you scale your business by optimizing a conversion rate, then simply expanding your ad spend.

Related: what's a Sales Funnel? The Guide to putting together an automatic Selling Machine

7. Hire out your home. Another way you'll make money reception is to truly hire out your home. Air BnB has carved a large industry out of vacation rentals. While the market did exist before Air BnB's arrival, it's certainly grown by leaps and bounds since its arrival on the scene.

In 2017, Air BnB purchased luxury vacation rental provider, Luxury Retreats, and other consolidations within the marketplace have happened with leading sites like Invited Home's acquisition of PPG rentals and Seasoned Dreams' platforms, and Expedia's $3.9 billion acquisition of another vacation rental giant, HomeAway. The market is booming and therefore the time is ripe for entry, regardless of how big or small your home or condo could be .

Related: Need To Have A passive Income On Auto-Pilot? Learn The Tricks

8. Launch an ecommerce site. Ecommerce is booming. While Amazon takes the lion's share, consumers are buying by the droves once they can scoop great offers. In fact, a number of the leading online marketers like Neil Patel, Frank Kern, Dean Graziosi, David Sharpe, John Reese and lots of others, are using free-plus-shipping ecommerce and book funnels to form small fortunes. This comes back to the implementation of sales funnels within an ecommerce environment. In fact, much of what people believe traditional ecommerce stores taking months or maybe years to create and costing alittle fortune simply isn't true.

Related: How Can Ecommerce Owners Use the newest Trends to Their Benefit? 5 Entrepreneurs Advise.

9. Start a blog. Blogs are quite possibly one among the simplest ways to earn a passive income, even while traveling the planet . While starting a blog could be simple you'll got to put within the work and therefore the effort so as to reap the advantages . Plant the seeds now to enjoy the harvest later.

Best Easy Ways of Generating Revenues Today

However, once that blog gets going, generating an income and scaling out your business is simple . Simply produce more content and line up more offers. As your blog grows in popularity, you'll even be ready to attract top talent willing to write down for you merely in exchange for one very powerful link back to their own websites.

Related: the way to Start a Blog and Make Money Online

10. Build a side hustle business. There are many ideas for lucrative side hustle businesses that you simply could easily start from the comfort of your house . While starting them is straightforward , actually fixing the work to plug and grow those businesses may be a bit tougher . The hard part is seeing them through.

While you'll launch a daily business selling someone else's products, you'll also invent your own product. While businesses supported inventions might sound more complex to make , they are doing present attractive investment opportunities as depicted on popular shows like Shark Tank.

Related: What sort of Side Hustle do you have to Try? (Infographic)

11. Create webinars I've become hooked in to the webinar medium for selling. Building out automated webinars is one among the foremost useful skills you'll possibly have, like entrepreneur Jason Fladlien, who's done of $100 million in sales through webinars by only selling other people's products and not his own.

Webinars follow a selected template and format. They're formulaic. If you'll master that formula, you'll quite literally dominate during this space. Find an excellent business idea or opportunity that you simply can sell that delivers massive amounts useful .

Related: Start Making Out For Your Own Daily Expenses Right From Your Home

12. Social media management. Social media management may be a good way to get an income from home. Considering the expansion of social media, businesses are clamoring to seek out their way ahead of prospects. However, most businesses haven't got a clue about how they will increase their exposure. That’s where you are available .

Building a social media management business might take some effort and time, but it's well worthwhile . you'll charge a large monthly fee for every business to assist manage their social media, allowing you to earn a full-time income doing this gig.

Liz Benny, the founding father of Jinga Social, not only built one among the most important and most well-known social media management businesses out there, but also created multiple seven-figure webinars teaching people, you guessed it, the way to launch your own social media management company.

13. Affiliate marketing Affiliate marketing presents a really low friction entry into selling products online. While you are doing need some sort of audience to sell these products or services to, you'll make a big amount of cash from home while doing it. Some products or services have very high earnings per click. meaning , if you play your cards right, you'll easily make an outsized profit on conversions by driving traffic to specific offers as long as you target the proper interests.

You can find affiliate marketing offers on sites like ClickBank, CJ.com and Rakuten LinkShare, amongst many others. look for the proper offer and make sure that you present it to the proper audience and do not spam people about it. Do your marketing ethically.

Related: The Only Guide You Need To Start off Your Money Making Journey Now

14. Create online courses. One of my absolute favorite ways to form extra cash from house is to make online courses. Now, this does take an upfront investment of your time . But, as the other passive income generating activity, you are doing the work once and obtain paid repeatedly for it.

BEST TESTED AND PROVEN GUIDE TO TAKE YOU TO YOUR JOURNEY OF EARNING BIG MONEY TODAY

Sale Is On. Hurry Up Grab the Opportunity

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bentonpena · 4 years

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Five Years In, DeFi Now Defines Ethereum

Five Years In, DeFi Now Defines Ethereum https://bit.ly/33jl0u2

DeFi Dad is a DeFi super user sharing his money experiments and tutorials on Twitter and YouTube. He is an organizing member of the Ethereal Summit and Sessions, host of The Ethereal Podcast and a weekly contributor to The Defiant and Bankless.

Ethereum has always been difficult to explain. Even the founders of Ethereum have sometimes struggled to communicate the project’s transformative potential in layperson’s terms. Metaphors such as “world computer” and “gas” tried to translate Ethereum to the world, but looking back it’s clear how little we understood about the platform’s true capabilities.

By 2017, big promises were being made that Ethereum would “bank the unbanked.” But that promise seemed to go largely unfulfilled in the wake of the initial coin offering (ICO) craze. Nevertheless, the oft-repeated slogan represented the first attempt to describe Ethereum’s potential to transform personal finance.

While the ICO mania showed Ethereum’s potential as a distributive technology that could emulate, improve upon and democratize the initial stock offering, what was missing then was a simple personal financial use case that could be demonstrated to a friend, such as a mobile app. In those early days, there were many white papers, promises and signs of progress by a few teams (some of which have led to the top DeFi projects such as ChainLink, Kyber, and Set), but most of the benefits had yet to be delivered.

Meanwhile, there were lots of inspiring speakers from the Ethereum community who drew us into believing Ethereum would change the world. It just required a patient newcomer willing to wade through new ideas, intricate foreign concepts and a firehose of new information daily. Nothing was a simple elevator pitch.

When I saw Joe Lubin speak at Ethereal SF 2017, there was an inspiring message to take home. A lot of detail flew over my head at the time, but if you listened carefully it was impossible to not buy the idea that Ethereum could change the world for the better.

It’s worth noting that in 2017, ConsenSys and other early adopters and builders were also educating institutional players and enterprise software companies on how they could benefit from many blockchain use cases on Ethereum. Partnerships with Microsoft, IBM and Hyperledger helped cement Ethereum’s credibility in the enterprise blockchain race.

Fast forward to July 2018, when I started full-time work in Ethereum. We were all recovering from the hangover of 2017, thinking the bull run might return sooner before watching markets unravel and get even bloodier. We were emerging from an era without a coherent elevator pitch to be easily understood, including language that sounded like it had come from a “Big Bang Theory” script.

I recognized that Ethereum had to find any small group of fanatical users. For better or worse, I began drawing on my experience in SaaS, which taught me that startups need loyal users who find so much utility in an application that, if it were taken away, they wouldn’t have an alternative.

DeFi days

By spring 2019, I am working full time on the Ethereal Summit, a series of events celebrating the founders and builders of the decentralized web on Ethereum. It was around then that Ethereum’s narrative began to change. I heard about Compound, where you can lend and borrow – similar to MakerDAO, but with better loan-to-value (LTV) ratios.

I was astonished – $50 MILLION in an app built on Ethereum! It was exhilarating to learn a second finance application had been built, launched and had been running on Ethereum for more than six months.

All this activity came to be known as decentralized finance, or DeFi. The term was coined in 2018 by members of the 0x team, but the industry was just getting going. I couldn’t stop thinking about it.

I began researching every project we were hosting at Ethereal – PoolTogether, Kyber Argent and Zerion. And I did something even more radical: I began testing and using the damn products!

I needed to see my investment make money to realize the power of these DeFi applications. I started lending dai on Compound for over 10% APY and it just clicked. I’m lending dai and others borrow that money, but there’s no bank to collect the middleman fees. So, in turn, I earn better lending interest and borrowers pay smaller fees, and without know your customer (KYC) or anyone’s permission.

What stood in the way of DeFi mass adoption was better storytelling and more visual demonstration of how DeFi can work for anyone

It had long been a talking point in crypto the user experience (UX) had to improve for Ethereum to see adoption, but I found those same people espousing such criticisms often had zero experience with DeFi applications. It seemed like a lie that had stuck around long enough to become a truth, even though I was finding some DeFi UX better than my experience with legacy banking.

For me, what stood in the way of DeFi mass adoption was better storytelling and more visual demonstration of how DeFi can work for anyone. EthHub.io and Cami Russo’s The Defiant were already doing lots of legwork in this space but there was clearly more to build upon.

In late 2019, the DeFi community was still small compared to today, only a few thousand or possibly even a few hundred users, but it felt like we were on a bustling rocket ship of excitement. We rallied around this term DeFi, the simplest term to describe any peer-to-peer finance app built on Ethereum, requiring a Web 3 wallet like MetaMask, that doesn’t need KYC and has no single point of failure. If ETH is money, DeFi is your bank.

What started as a concept is now an economy of interlinked applications with more than $4 billion in value invested. But it’s more than just money. DeFi has changed the way people think about Ethereum itself and given rise to new narratives and memes.

A meme is born

Shortly after this spark was really gaining momentum in the fall 2019, DeFi users naturally found a second totem to rally around. That was the concept of Total Value Locked (TLV), coined by the team at DeFi Pulse.

TVL refers to the sum of all value deposited into a DeFi app’s smart contracts, whether that’s measured in U.S. dollars (USD) or in ETH. TVL reflected a new, un-gameable metric for adoption. It was a way to compare how much trust DeFi users put into an application. It has its flaws, but those flaws are no worse than reducing Bitcoin to its price.

DeFi also helped solidify the “ETH is money” meme. As co-host of the Bankless Podcast David Hoffman said, ETH is a triple-point asset, because it acts as a store-of-value, a capital asset, and a consumable asset. “ETH is Money” is an intentional pivot from “ETH is gas,” and updates the world on how ETH is actually used on Ethereum.

Plain and simple: ETH is money. It always has been money and to label it otherwise was a product marketing mistake in the early days of Ethereum.

Yield farming is the latest viral meme in Ethereum. DeFi is a larger all-encompassing category of p2p, self-custody, KYC-less, finance apps built on Ethereum, but yield farming describes a popular incentives program where you often provide liquidity to a DeFi application in exchange for a combination of rewards.

As Dan Elitzer of IDEO CoLab Ventures put it, yield farming is like aquaponics because it creates a symbiotic relationship between DeFi protocols, meaning DeFi participants can earn three or more forms of yield such as interest, market-making fees and pooled rewards such as a governance token like BAL or COMP. Because of the most composable incentive designs in DeFi, yield farming (aka “liquidity mining”) is like passive income on steroids, with programs delivering anywhere from 10-200% daily APY on average.

Universal appeal

Five years ago, you could argue Ethereum was attempting to do too much. Even two to three years ago, that was still a valid hypothesis, with stagnant adoption.

Today, the bold experiment of Ethereum is working. Alongside the $4 billion in assets deposited into DeFi, we’ve seen a 227% year-on-year increase in ETH locked in DeFi, and a 20X increase in tokenized BTC on Ethereum (equivalent to ~$220 million) since January 1.

What was a drawback – doing “too much” – is now a strength and a reason why Ethereum’s daily transaction volume and daily network fees have eclipsed Bitcoin’s. Although Ethereum is less than half Bitcoin’s age, it has accomplished more in the last five years, building the most advanced permissionless p2p finance system in the world while Bitcoin has continued to champion the narrower digital gold meme.

It’s getting easier every day to point to DeFi apps that clearly demonstrate value and utility you cannot find elsewhere. If you’ve managed to ignore these developments, now is as good a time as ever to catch yourself up. The story of DeFi and Ethereum is just getting started.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Trading via CoinDesk https://bit.ly/35KxIA1 August 1, 2020 at 09:06AM

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yamatodenniskasukawa-blog · 5 years

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Dennis Kasukawa - Yamato Kasukawa | Where to buy bitcoin

If STEEM were to maintain the present development rates over the next 5 years. Specifically with hackers prowling around searching for an area to dedicate their wrongdoings. Many thanks for the article. To I think hedge against this, I am going to attempt to load USD in my Abra pocketbook initially then, then convert over to BTC, by changing the wallets money when needed.

The system will certainly remedy itself and after that we will certainly simply have it the method we want it. Yet I do recognize one thing, whenever the government tries to take away a freedom it is due to the fact that they fear it spreading and because they are protecting something. Sorry just needed to splash my griefs in crypto. Genesis Mining a statement regarding loss of any kind of credit reports, or payments you have actually made if the business happens to fail. Have actually been following you for a while as well as actually appreciate your job! New York City BitLicence was one of the many silly flexibility limiting laws offered in current time.

Simply a number of months ago a person pointed out their was a difference, that I was using an exchange and also not a budget. A fairly released veterinarian that does none longer wave the flag. Can assist hide your location, accessibility internet sites based in various other countries like Australia, see the BBC or various other Hulu kind websites and so on

. When it pertains to something as vital as your financial resources there is no such thing as being too secure. After that when I began desiring Etherum, I obtained Exodus. Early records exposed modern technology large IBM to be among the proponents for the endeavor that additionally counts numerous noticeable financial institutions such as JP Morgan and Wells Fargo. US need to try live by in trading.

This delay cost me hundreds of dollars, yet however has actually repaid given that I was able to invest. The timing is off simply a little but pretty quickly people will be happy to have some Bitcoin on hand. My factor is that it is good to utilize the service, you never know that you will certainly run in to and what connections you will make. United States disturbance in cryptocurrency I think it is very important that everybody in the know get hold of a little of each, like, the other day.

Yamato Kasukawa

STEEM would certainly be excellent. Absolutely good for young customers. IP Address in numerous, several other countries including lots of in the United States itself.

They got me for sooo much and its all my mistake for maintaining a lot in an exchange. Wait a min, Jeff. Now I prepare to be right here for the long run and also have actually made several buys throughout this move up. Spreading out the understanding is more crucial after that ever. In the meantime, BTC about doubled B4 I could buy in. Accessibility and ease of usage is the largest hinderance to cryptocurrency now. Coinbase a couple of weeks earlier.

Particularly taking into consideration, in the USA anyway, that EVERY LITTLE THING is set up for the American consumer to go into financial debt and usage fiat currency. The post takes place to reveal the large gamers entailed. Also if they do impose some guidelines I believe that they will ultimately roll them back as firms learn how to get their cut of the earnings. But I likewise offered reduced several, often times and also wasted tons of time mining shitcoins.

Bitcoin is PERSONAL PROPERTY and they know it. Can be available in handy for certain circumstances. Aye but I still haves me Silver, argh! Oh, did I point out if I still had my Monero just how I would be able to get a home on Long Island? True blessings to all Steemers, go on Steeming. Say goodbye to revolutions, as one just keeps walking around and around.

Brokers outside the United States will certainly not accept US clients. Simply word of caution with Abra is that you purchase of BTC can take a couple of days. The harder they try to terrify me, the more I am convinced I am on to a champion. Americans with Immigrant grandparents are, you can make use of that along with a VPN to use your standing as a person of say, Ireland, to do business. The wise cash is trying to diversify its storage as well as convertibility of wealth, as well as cryptos are here to remain.

Easy for an individual my age, not so very easy for my youngsters. The even more I surf around here on Steemit, the more I think Coinbase may not be a great area to have it. Thanks for fantastic reporting. Junior HS and HS years. As a matter of fact, when I decided not to elect, I cried. Play it secure and get a difficult pocketbook.

Gemini requested my financial institution user name and password! United States seems to be relocating the contrary direction of various other major economic world players such as Russia and Asia. Government as well as legislators will be very stunned in 5 years time to awaken in the room when all of a sudden major crypto framework is missing out on and also has been build almost everywhere else. Thanks for keeping us upgraded!

US, and live quite comfortably. As a result, it would be prudent not to keep a large amount remaining on any kind of internet site. You can inform that the US government is shuddering from fear over people putting their properties right into Bitcoin and Altcoins.

Dennis Kasukawa

USD right into crypto without a substantial paper trail as well as got not much info. Ive gathered at Coinbase. Ive accumulated Bitcoins for many years currently, Im still so baffled.

Altcoin financial investments, is to enable even more power to the people. DOGE I have make me rich haha. Cryptos are a device to shield oneself and also a fierce uprising is foolish. Unfortunately the story is right in that the locations to get are far and few between here in the United States. Responsible, fiscally responsible federal government is type of an oxymoron.

Yet this may be a means to do so particularly if you have family overseas, that you trust, that can assist you set something up. So I would diversify out of the USD now. Cut out intermediaries whenever feasible and the need for count on things like Coinbase. Who understands possibly she can be able to get her initial car with STEEM in five years or so. From what I just read, Im questioning is my Exodus a budget then?

This is something I have actually finished with Coinbase to save a few dollars in fees when I use my debit card. America, land of the totally free. The petro buck will certainly maintain its fatality grip on alternative energy resources and also alternate money. The jail exists at every step. BTC as well as ETH bottomed it was very discouraging.

Heartening to check out sensible as well as exact Cryto commentary. As a result of that I opened a Gemini account which is still pending confirmation. So I would motivate those trying to open up an account with an exchange to continue.

US there are not a whole lot to choices to buy. The noose is tightening. When I started reading this message I believed it was among your caustic satirical pieces. Having read some of the messages listed below, I think among the reasons individuals are having such trouble as well as such a long wait time opening an account with a specific exchange is that the exchanges go to present bewildered with the varieties of people trying to charge account.

Ive always sent them to my Coinbase account. BTC with my USD is Abra. If they remain to make it harder things like LocalBitcoin will simply get back at a lot more prominent and develop even more tasks. Build up your online reputation on there.

Coinbase if you truly require them. No longer advertising and marketing on LocalBitcoins obviously. Stick to the big coins as well as the increasing stars like STEEM as well as SD. Australia and although now in my sixties I am learning as well as have actually managed to buy myself a cold store purse and place my Bitcoin and also Etherum acquisitions on to it. Bitcoin software program can help you add bitcoin instantly to your account daily. Thank you for check my servicse.

The blend of bitcoin mining as well as hacking ability makes this software ONE OF THE BEST BITCOIN ADDER 2017. After passing though a lengthy procedure ultimately we can produce a new formula that we input right into this software application. Russia that give me an idea on where to purchase bitcoin in Russia, i will value it. Sensational solution to get or transform coins instantly without account required! Bitcoin Exchanges: Coinbase and Gemini! Bitcoin Forex and also CFD Trading.

This listing will certainly be developped constantly, input very welcome: christian. More than 300 methods to pay for bitcoins. Gatecoin is a managed online trading platform for cryptocurrency and blockchain properties based in Hong Kong. The trade with bitcoins brings a high threat of loosing your spent funding up to the total loss of cash.

XAPO supplies a Walletservice as well as Bitcoin Purchasin Solution also. And also you can order a XAPO bitcoin debit card. Obtain 10 USD free while using this LINK for SignUp!

Please be carfule, establishing conferences in congested places only or at an authorities, public bitcoin meetup. That is, they can never ever be reversed. Largest Bitcoin marketplace in Europe. Singapore Bitcoin Exchange, offered in Europe also considering that one year. Cable Transfer, Srkill as well as AstroPay.

Among the largest Bitcoin Exchange in Europe. Bitcoins as well as various other Cryptocoins, located in Vienna, Austria. Change Bitcoin to Debitcards, other Cryptocurrencies or Western Union! Bitcoin, Ethereum, Litecoin uvm.

Exchange in cryptocurrencies or to utilize a marketplace that uses some type of escrow solution. Bter is a bitcoin exchange system which sustains bitcoin, litecoin, ethereum, dash and also more. SEPA, Visa, Mastercard, Neteller, Skrill, eMaestro usw. For that reason, utilize just those funds whose partial or total loss of loan you can manage. Exchange as well as Ebay done in one.

China being Bitcoin biggest market can just make any kind of bearish comment as well as bitcoin cost will just storage tank. Singapore or asia websites, simply bank transfer occasionally just and after that wait for a few days. Things concerning those websites there is that it is challenging for you to deal in coins and you might lose a little bit to wire costs and also exchange rates.

Also, I review itBit. FAST financial institution transfer to cover up your account and then acquire the coins utilizing the funds. Thanks for your reply.

Frankly, I find establishing bitcoin as a conventional money is still a long method to go. Will search as well as check this site a lot more. There are 2 situations of such example considering that the beginning of 2017 currently. The bitcoin rate is unnecessary if you mean to purchase bitcoin as well as use it quickly.

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#Dennis Kasukawa #Yamato Kasukawa

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bitcoingape · 5 years

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Bitcoin’s Opportunity in Woodford Equity Income Fund Implosion

New Post has been published on https://bitcoingape.com/bitcoins-opportunity-in-woodford-equity-income-fund-implosion/

Bitcoin’s Opportunity in Woodford Equity Income Fund Implosion

It’s not a good feeling when an institution you trust with your money won’t give it back to you; it’s the sinking feeling that thousands of investors in a UK mutual fund called Woodford Equity Income are experiencing, but is this yet another opportunity for bitcoin to show its worth?.

“Not your keys, not your bitcoin” is the mantra of crypto faithful, popularised by industry influencer Andreas Antonopoulos.

To take full custody means having full control of your private key. You are your own banker, assuming you are happy to take on the custody risk.

With that in mind, the implosion of this large mutual fund – where investors pool their money in a fund run by an “expert” manager – has sent shockwaves through the UK investment industry, and for followers of crypto (and others) has engendered a large dollop of schadenfreude, as investors discover that their money is effectively in someone else’s hands.

The “told you so” folks, after finishing-up laughing at others’ misfortune (not a good look but tempting), are puzzled why anyone would put their money into the Woodford Equity Income fund run by star manager (fallen star manager) Neil Woodford in the first place.

The fund, which opened for business in 2015, made money in that year but has lost it in each subsequent one, with those losses widening against its FTSE All-Share benchmark to 16% so far this year, according to fund data and ratings company Morningstar.

Suffice to say it is languishing in the bottom quartile of the performance tables against its peers, yet at one stage the fund had assets of £11 billion ($14 billion) under management.

At the beginning of last week investors were stopped from taking their money out of the fund as a rising wave of redemptions of units in the fund gathered pace. Now sized at just £3.7 billion, the final straw seems to have been a request by Kent County Council to withdraw its £263 million invested in the fund.

Neil Woodford’s fund (one of three vehicles) is misnamed.

Most investors would take an equity income strategy to be one in which are fund invests in established firms, ideally highly cash-generative and paying a regular dividend income.

Indeed, Woodford had earned his stellar reputation from his time at Invesco Perpetual, where he famously shunned tech firm capital growth in favour of a “value” approach, thereby side-stepping the dotcom bubble implosion of 2000, prefering unloved stocks such as those of tobacco companies.

However, he began to believe what others were saying about him – that he had the Midas touch. So he set up his own company and the millions began to roll in – both to his funds and to his pocket.

He started to veer a way from investing in income-generating companies (although they still have a place in the Equity Income fund) and began to make large bets on early-stage and highly speculative firms.

And the mature firms he did pickwere in companies that went on to make gigantic losses, such as sub-prime lender Provident Financial and outsourcer Capita.

Brexit bet not working out – vicious circle like a bank run

His big macro idea that Brexit would be a godsend for the UK economy, which would see his UK smaller company picks shine, proved to be mistaken also.

But here is the crux of the matter – when investors starting taking their money out, the investments in small illiquid companies not quoted on any public market became a big problem.

The only way to meet the redemptions was to sell the liquid holdings. Such forced sales had the effect of increasing the proportion of the fund that was in the unlisted illiquid assets.

A vicious circle was in effect. Hedge funds noticed what was going on and they started shorting the companies they figured Woodford would have to start selling the shares of, accelerating the downward spiral – in a fashion not dissimilar to a bank run.

But the warning signs about Woodford’s flagship fund have been flashing red for months if not years.

There was a clear mismatch in an open-ended mutual fund that required instant plentiful liquidity to meet investor redemptions on the one hand and the large proportion of illiquid assets it held on the other.

There is a rule under EU securities law that prevents such funds from holding more than 10% in unlisted companies but Woodford found creative ways of getting around that by, for example, listing some of them on the Guernsey International Stock Exchange.

He also got his Woodford Patient Capital investment trust (which is a closed-ended vehicle with shares that trade on the stock exchange) to buy some of the illiquid holdings in an unusual swap in which the fund received shares in the trust.

This was all perfectly legal but many would say against the letter of the law.

FCA eye on crypto fraudsters but not investment management stars?

All this was going down while the Financial Conduct Authority was busily doing not very much at all, although it did find time to alert retail investors to the loss of £27 million to fraudulent crypto companies.

Those warnings are of course welcome, but where is the same vigour on display when it comes to the big players crypto investors might ask? The FCA is planning to run adverts in the UK warning about online trading scams in crypto but what about the investment fund governance allegedly endulging in less-then-ethical practices in plain sight?

The main UK financial regulator has belatedly issued a statement saying that it is looking at the Guernsey arrangements to check on “compliance with the relevant rules required by the Ucits Directive [EU security rules]”, while the Guernsey stock exchange says it has “made several attempts to contact the FCA back in April 2009 but with no initial response” as the blame game mounts.

But the FCA has said nothing about what it thinks about the core problem of the mismatch in liquid liabilities and illiquid assets.

Meanwhile investors who can’t access their money are still paying fees that are reportedly earning Woodford Investment Management £100,000 a day in fees.

Certainly, rebalancing the portfolio will cost money, but it might have been thought that a minimal good will gesture might see it meet those expenses out of its own purse.

Neil Woodford has made an apology, broadcast no YouTube, but the nervousness preformanace should probably have been subject to a retake.

But he’s the boss and he presumably knows best, which highlights another problem with investment stardom – what crypto people would call the weakness of centralisation and its necessary single point of failure.

The IDEX crypto exchange holding that wasn’t

Returning to the unlisted holdings, The Sunday Times ran a story (paywall)on precisely that issue a few months ago.

The story in part reported: “A number of the businesses in the portfolio may surprise investors. They include Raven Property Group, a Russian developer; Sabina Estates, established to build high-end homes in Ibiza; and Idex, a cryptocurrency exchange.”

I dutifully reported this news in a crypto roundup and was then contacted by Woodford Investment Management’s head of corporate communications asking that I change the report, as the Sunday Times had got it wrong and the holding was in fact a different IDEX – a Scandinavian company in the digital ID business.

I moved to get the article corrected and the headline changes as Woodford featured in it. But such was the alarm in the Woodford camp that on 7 March Farrow wrote:

“It’s 10am and it’s still up. This really isn’t very helpful. We have had to put a tweet out this am to clarify to everyone. Can you please amend or take down while you change”

Clearly the firm’s proactivity on that matter was perhaps indicative of a nervousness about an investment highlighted that, if true, would have been one of the more speculative holdings in a surprisingly speculative portfolio.

Unfortunately for the circling media today and worried investors, the comms team at Woodford is no longer quite so responsive, or not in the manner to be hoped for.

You thought crypto was risky, try cold fusion

Other investments that catch the eye include Industrial Heat, which comprises 2.3% of the fund (8.9% of the trust according to the February factsheet).

Industrial Heat claims it is researching a breakthrough in energy science around cold fusion, but most scientist thinks it is junk science. In a nutshell Industrial Heat says it is working on the impossible – getting more energy out than is put in, in contravention of all the laws of physics – and they say crypto is speculative!

Pre-empting the crowing of crypto enthusiasts comes FT Alphaville’s Izabella Kaminska piece entitled: If Neil Woodford had been operating in crypto…, to reminds us all that crypto hedge funds have been shuttering funds at a rate of knots, as they ”sneakily suspend redemptions in a bid to buy time until the market “corrects” or at least until a large vested interest can be persuaded to part with some capital to provide a floor to assets you are invested in”.

That’s true but there’s a big difference between hedge fund investors getting shit out of funds and the ordinary folks who fell for the marketing of the genius that is Woodford. And of course there’s also a marked difference between the well-established investment fund industry and the nascent unregulated world of crypto.

And then there’s the cheerleading by certain investment platforms (I will be careful here what I say as I work for an investment platform in the UK).

The largest player in the UK investment platform business, Hargreaves Lansdown, has had the Woodford Equity Income fund on its favourites list since launch, despite its increasingly dire performance. It only removed the fund on the day it barred withdrawals.

Being the largest player, Hargreaves has been able to get fee reductions from the likes of Woodford, which it passes on to platform customers. Why would Woodford make such reductions? Probably because it hopes that Hargreaves customers will be attracted to put money into its funds by the generous fee reduction. Fair enough.

But cynics might say that the Woodford inclusion on Hargreaves’s Wealth 50 was an unwritten expectation on the part of Woodford, and one which created a conflict of interest between the platform’s commercial interests and those of its customers.

Also, the fact that its head of research Mark Dampier sold shares in the company on 16 May to the of £600,000 and his wife offloading £5 million, has left a sour taste in the mouths of its customers.

Active management in the dock

Working for a competitor as I do, I should leave it there and remind the reader that nothing illegal has been done and Hargreaves’ customers have over the years remarked on its excellent customer service.

The whole sorry episode has perhaps put another nail in the coffin of active fund management.

Exchange traded funds and other passive vehicles have been growing in popularity as the realisation dawns that retail investors don’t need to be paying fat fees for underperformance.

In truth the bull market has meant it’s been easy to look good as an active fund manager, but as Warren Buffett puts it, you don’t see who’s naked until the tide goes out.

Banks have already got a poor reputation with the general public and crypto people in particular.

This latest news from the UK fund investment industry is likely to see yet more people conclude that financial independence requires running your own money.

With trackers for all major markets and the most alternative of alternative markets too – (and there are exchange traded notes trackers available for bitcoin and Ethereum) – it’s easy even for those with little understanding of stock markets and other asset classes to get low-cost passive access.

Warren Buffet when asked what his wife should invest in upon his parting this world, he said put it in a S&P 500 tracker. His words exactly were: “Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund.”

After his lunch with Tron’s Justin Sun, crypto believers will be hoping there might be 1% for crypto in that portfolio asset allocation.

Just as the bull market might be on its last hurrah, active management couldn’t have a worse reputation, as investors begin to suspect that star managers are really just lucky and it is better to basically stay in the market as long as possible with a tracker.

And when it comes to accessing an asset class and exercising direct control over your ownership of it, there really is no other asset that can compete with bitcoin.

Gary is the cryptocurrency analyst at UK investment platform interactive investor and this opinion piece is written in a personal capacity

The post Bitcoin’s Opportunity in Woodford Equity Income Fund Implosion appeared first on Ethereum World News.

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