This post For Cryptocurrencies, the Future is Now appeared first on Daily Reckoning.
Yesterday, I presented the case that you can make a fortune in cryptocurrencies. I don’t think I’ve ever seen anything quite like it in my career.
And the good news is that you don’t need to know anything about Bitcoin or any other cryptocurrencies to take part in the bonanza.
In fact, what I call “penny” cryptocurrencies are one of the last legal ways for small investors to grow rich, starting with a small initial grubstake.
Consider…
On Friday, March 17, 2017, a tiny little cryptocurrency called EnergyCoin was trading at a little over one third of a penny. The exact price was .003578 of a dollar.
Then a powerful super-spike struck and over a 99-day period EnergyCoin skyrocketed to 34 cents. That’s a whopping 9,566% gain — enough to turn a $1,000 investment into a staggering $95,660.
Or imagine if you had a good feeling about EnergyCoin and put down $5,000…
You could have collected $478,300. That’s over $4,800 a day for 99 days straight. Double that starting stake to $10,000, and you’re looking at close to a cool million… from one single trade.
That’s like earning a $9,662 salary… per day… for more than three full months!
Now I hope you can you see why I’m so excited about the unlimited potential of these super-spikes in cryptocurrencies.
Practically every day, I’m seeing astronomical gains of 300%…400%… even 3,000% — some in as little as 24 hours.
Here’s another opportunity that came along…
On November 20th, 2013, a cryptocurrency by the name of Freicoin was ripe for the picking. Shares traded for fractions of a penny.
10 days later, shares exploded to 33 cents each. Even a small investment was a moon shot.
Had you put $5,000 into this cryptocurrency play, you would have earned yourself a fantastic sum of $291,500. That’s a gain of 5,820% — in just one simple move.
But here’s where it really gets interesting…
Let’s say you put all that money into another little-known cryptocurrency named Digitalcoin.
On December 14th, 2013, just 14 days later, you could’ve earned five times your money.
You’d be rewarded with a massive sum of $1,489,565.
That would have made you a millionaire in just 24 days. And with just two simple moves.
Now let’s take it up a notch…
Imagine you make one final perfectly timed move…
Had you rolled your money into a cryptocurrency by the name of Worldcoin that was trading for just pennies on the dollar…you’d have made another 300% in short order.
That’s enough to turn your initial stake of $5,000 into a landslide lump sum of over four million dollars.
$4,021,825 to be exact.
That’s three buys and three sells. And a starting stake of just $5,000 would’ve turned into more than $4 million dollars.
Beats working for a living, right?
OK, but let’s be completely honest…
For every winner, there are probably 100 more cryptocurrencies out there that are nothing but duds. Right?
That’s why in order to “win” in this market — and to win big — you need to be able to separate …read more
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