Demystifying CryptoCurrency

Demystifying Cryptocurrency

As an online marketer, I am always interested in new ways to build my income online. In January, as a result of purchasing James Renouf’s product Crypto Mania, I found myself learning about the CryptoCurrency world. Prior to reading his ebook, I knew very little about cryptocurrencies. Cryptocurrency is a digital currency that uses cryptography for security.

Demystifying Cryptocurrency
Bitcoin

The first cryptocurrency to begin trading was Bitcoin in 2009. A year ago one Bitcoin was worth about $50. In December it climbed to $1200 and as of this post in April 2014, it is worth about $500.

Trading of cryptocurrency is very active and the worth of these digital coins is quite volatile, sometimes spiking and then plummeting within hours. If you would like to learn more about buying and selling cryptocurrencies, a good overview of this world can be found in Mark Lyford’s report, CryptoProfit. In James’ product Crypto Mania, he shows how a person can start trading for free with the Doge coin. He followed this report with Crypto Trader. If you prefer to learn via video, Jeremy Kennedy also created a how-to trade cryptocurrencies video product, Decrypting Cryptsy, that is perfect for someone wanting to get their feet wet.

With these four products in hand, I have begun to delve into the world of cryptocurrencies. At this point I have made about $300 total, starting with nothing but free Doge Coin. Stay tuned. As I continue on my journey I will let you know how it goes. Do you have experience trading crypto coins? If so leave a comment on how it has been going for you!


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3 thoughts on “Demystifying CryptoCurrency

  1. Wow, that seems interesting.

    Does it have any country restriction? Do you have to be in the US or need a US bank account to start trading?

  2. Hi Norene,
    You had stopped by my blog and I was returning the favor. Had intended to pay attn to the QSC, but I’m up on that with you!

    This article caught my eye instead. I know that James is going to be marketing a coin shortly. Do you know which one it is?

    I got to his offer after it was filled up, but would like to grab a few if I could.
    Would you please let me know, if you have the info?

    Thanks and Talk Later!
    Corky

    1. Thanks for stopping by Corky! I have also heard the same thing about James, but I do not know the details. I’m sure he will let us know when/if it goes live though!

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