Back on February 28th, 2019 I made my first Bitcoin purchase ever.
The site I was buying from is called Xcoins. At the time the maximum I could purchase at once was $100 worth of BTC.
I had $80 extra so I purchased that much.
Just went back and did the math on my first purchase. Today that $80 worth of this Bitcoin is worth $264, at the time I am writing this. My original purchase is 3.3 X what it was worth on Feb 2019. It will be worth many times more than 3.3 one day soon.
I am not a smart investor.
Xcoins allows BTC to be purchased with PayPal from other users at the website.
Xcoins also allows BTC to be sold (Xcoins calls it a loan but it is a full sale). Because it is called a "loan" it sells with interest.
Once an employee from Xcoins told me "10% is the best interest you will ever get". Something must have changed because there have been times......I really didn't want to sell any unless the price was right so I put some for sale at 19% or 20% interest.
The buyer pays upfront all interest and fees.
My thinking was "if I could get 20% on a sale it wouldn't hurt so much to part with the BTC I have accumulated". On the flip side of the "COIN" (sorry couldn't resist), the thought was "if 20% discourages someone that's great because I am not twisting their arm and there are lots of sellers out there".
If I sold that same 0.02072979 BTC ($80 worth today) I would receive the $264 PLUS an additional $52.80 in interest on the transaction.
Why am I writing this? Personally, I think BTC is going a whole lot higher.
If you don't own any right now. What would happen if you invested $25 or $50?
Worse case the market could crash and you could lose the money, right?
2nd case it could neither get worth more or less and just stay put. If that happened you could take it out and get the money back.
3rd it could rocket higher and your initial investment could turn into a 3X, 10X or 100X what you put in.
4th you could do absolutely nothing and be crying when it hit 100,000 saying "If only".
Not trying to talk you into investing OR even worse investing foolishly but I think BTC is going to rocket soon. If it passes the resistance at 13K it is going to take off.
Many have invested already and I know the big drop in 2018 scared people. I also realize that many have been waiting patiently this last year for it to come back.
Big institutions are buying, Whole countries are buying (Russia and China), ATMs are being re-vamped to accept and sell BTC.
Couple of referral codes for Xcoins.
So PS....now bitcoin is up to 13057 (13257 on xcoins). That is $557 than before. How long are you gonna sit on the sidelines and watch this happen?? Do you have $25 to invest.....how about $10?? Do you have $5 to invest and make money on??? Well do ya???Okay do you have $1 that could turn into $100 one day??
Not trying to sell the Xcoins website but the links make it easier if you are interested in opening a free account. There are many different websites to buy/sell, even phone apps.