How The Price Of Bitcoin Changed In August

If you had R40 000 worth of bitcoin at the beginning of August, you would have made a staggering R28 000 profit simply by leaving your bitcoin in your blockchain / Trezor / Nano wallet!

When I started investing in bitcoin almost a year ago, 1 btc was about $800. It is now almost $5000! The good news is that you don't have to buy a whole bitcoin to get started - you can invest from as little as R10.

What is Bitcoin?

A lot of people are waking up to bitcoin and other crypto’s, but most are fearful. I remember I was! It’s honestly really simple and convenient to use once you understand the basics.

The most watched 2 min bitcoin introduction video ever.

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How to buy bitcoin

I use Luno

Simply download the app, verify your account, (ID documentation) add your bank account, fund your account, and buy bitcoin. The app is great and very educational. Here’s a video that I find helpful too.

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Then I use both Blockchain.info (with added 2FA security) and external Nano wallet to keep my bitcoin safe and watch them grow month on month. Blockchain now also includes an Ethereum wallet, which is super convenient for buying ETH too!

My bitcoin earnings are then sent to my bitcoin visa card Spectrocoin, converted into USD and loaded onto my card so that I can either withdraw cash, or use wherever visa is accepted.

How to grow your bitcoins in a volatile market

As I said in my opening statement, when I started investing in bitcoin almost a year ago, 1 btc was about $800. It is now almost $5000! That’s a whopping 620% over the year, which is around 51% per month.

You can either leave your money in Luno/Blockchain/Nano etc to grow - be warned though, that because the market is so volatile, there will be days that your bitcoin will be less than your investment. But month on month, history has shown (and analysts predict another 50-100% increase by end of year) that it increases. A safer, more conservative way to invest your bitcoins is in Cryp Trade Capital, where you will earn a stable, guaranteed 17.7 – 29.7% per month, depending on which investment plan you choose (Standart / Mega / VIP), without having to know a thing about forex. I like to call it my "effortless earnings" ;)

Minimum investment is $50, maximum $20k. I am currently growing my bitcoin in both platforms, and earning a fantastic 18 - 50% PER MONTH!

If you’re wanting to research CTC, here are a few links:

Cryp Trade Capital website
Cryp Trade Official FB page
Cryp Trade Capital Kingdom FB group
Cryp Trade Capital You Tube
[Cryp Trade How to deposit, invest and withdraw}(https://www.facebook.com/groups/cryptradecapitalkingdom/permalink/1901005016825074/)

Disclaimer: Only 2 things in life are guaranteed: death and taxes. Please always do your own due diligence and don’t invest more than you can afford to lose.

Image credit Luno

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