Some of the Major reasons for Crypto Currency
- Independent of government control,
- Free from government manipulation of value of your income and savings
- Free from income tracking.
- Universal holiday currency.
- Easier faster to spend and earn than gold / silver
- An alternative source of income.
Income can come from different sources
- Arbitrage – the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset.
- Trading in currency example GBP pounds to/from Bitcoin, Euro to/from Bitcoin, USD to/from Bitcoin .
- Store of value like gold /silver
Lets look at
1 Arbitrage platforms .. This is preferred as you risk only a small percentage of your capital.
Mind Captial one of the several I have explored. Mind Captial use a AutoBOT and look for a difference in Bitcoin BTC vs Euro, BT vs GBP, BTC vs USD and more. Then when reaches a trade difference of maximum 2.5% it does a trade. The benefits are without a time lag of my responses and with me being awake 24/7 looking at charts.
Average per month 11% – 18% net of charges. Pull out profits at any time back to your Bitcoin BTC wallet. Your capital is only locked in for 3 months/90 days. I compared this to an ISA of capital locked for 5 years. Imagine inside an ISA 30 months your captial is locked, so 3 months is not a lot.
I will do a more detailed page on Auvesta Gold/Silver and Mind Captial . In the mean time here are some videos about MindCapital from Simon Stepsys and Thomas Grant.
2 There are several Traditional Forex trading platforms and some with automatic robot (BOTS) that do trading. Care here as the Forex is huge and can be big losses. I took signals from a solid source but due to time lag and in experience I lost in excess of £25,000 GBP in 1 year.
3 Gold/ silver solid buy annual 10 year average 6.67% pa. Better than high street banks. Gold Price in GBP per Troy Ounce for Last 10 Years. … Price, £1,387.78. 10 Year High, £1,405.84. 10 Year Low, £674.18. 10 Year Change, £555.57 (66.76 %) I recommend Auvesta
Gold vs real world values – A Ford car.
I use gold and silver as a safe haven for money, not high street banks. There are some considerations to bear in mind. Where to store physical Gold? At home or in a Registered gold bank vault.