You can Become a Millionaire With Crypto Currency

A Crypto currency is a new form of currency that is entirely digital.  This means that it exists solely on its own network.

Crypto currency is also described as electricity converted into lines of code with monetary value. In the simplest of forms, crypto currency is digital currency.

It operates solely peer-to-peer, meaning that they are completely global and are not controlled by any sort of government.

In a sense, they are like virtual money that can be spent on items or services, or even exchanged for real cash.

However, there are over 100 different crypto currencies currently in existence.

Currently, the most popular crypto currency in existence is Bitcoin, followed by Litecoin and Dogecoin.  This is because Bitcoin was the first crypto currency created in 2009; it also has the largest total value (market cap) of over 10 billion USD.

How Are Crypto currencies Acquired?

Crypto currencies are generated through a process called mining, which is done through a miner’s computer. Essentially, computers are given extremely challenging hashing algorithms to decrypt. When a hash is decrypted, coins are generated. As more coins are generated, the problems to solve get even more challenging, making the influx of coins slower and slower. The process of solving the problem is often referred to as ‘finding blocks’.

Alternatively, crypto currencies can be purchased through a crypto currency marketplace such as Cryptsy.

How Do I Mine Crypto currencies?

You can mine crypto currencies by downloading a crypto currency miner and setting it up to connect to a mining pool, which is essentially a group of computers that work together to find blocks. Your computer uses its hardware to contribute shares to the mining pool, and when a block is found, the payout is divided up based on how many shares you contributed. A full tutorial on mining will be available on this soon.

Can I Make Money with Crypto currencies?

Yes, it is very much profitable to make money with Crypto currencies, through both mining and investing. In fact, some of the early miners and investors of Bitcoin are now millionaires.

Live Examples

A Norwegian by name Kristoffer Koch invested 150 kroner ($26.60) in 5,000 Bitcoins in 2009, after discovering them during the course of writing a thesis on encryption. He promptly forgot about them until April 2013 when the widespread media about crypto currency jogged his memory.

He quickly valued his investment and discovered that a small investment of about $27 has turn into $866, 000 enough to buy an apartment in a wealthy area of Oslo.

Also in 2010, a man was said to buy a burger for 11500 Bitcoins.

Today, the net worth of the same value of bitcoin just after 5 years is estimated to be about $8million.

This is the magic of Crypto Currencies.

Can you now imagine if you can also invest some of your income today into crypto currency and allow it to run for one or two years?

You would have been able to build a store of good cash against rainy days without any stress.

How Do I Invest in Crypto currency?

I will advise you to look out for a comparatively cheaper crypto currency; this will enable you to maximize your money for a very profitable yield. One Bitcoin as at today go for as high as $400, this is a lot of money for new investors and people who just want to risk some hard earned income.

I will therefore advise that you go for a less expensive crypto currency.

I recommend two of such currencies, which are

LEOcoin and Octacoin

To purchase Octacoin, send me a message indicating your interest to buy Octacoin and I will give you detail step by step guide on how to go about it.

To buy LEOcoin, simply send me a mail indicating that you are interested in LEOcoin. I will send you an e-book that will give you a step by step instruction on how to go about it.

Kindly send your message to my mail, and I will respond within few minutes of receipt.

Contact me also for more details

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