Actually, you might need some facts before you consider it a scam. I had no idea about cryptos, and have learnt in the past that sometimes it costs you to learn quickly, and it can surprise you sometimes. Oddly enough, I would have been happy to share knowledge for no gain when I was much younger, just for the satisfaction of sticking it to the establishment with no financial gain. Has this been lost? Never occurred to me then to make money of out it, silly me!!
Yes I am very aware of the PPP reputation, and not all work out, as I have generally steered clear for a few years on their advice on the ASX, as it usually hamstrings a stock on the ASX with the buy up to price, so it goes nowhere, for many reasons, mind you not all their research is wrong, just takes longer than punters expect.
I was curious about cryptos, and seriously have no idea, so either blindly do it, which seems a tad idiotic, or pay for some advice. The advice to date seems more than expected, as guaranteed over a much longer period, for returns, as like most advice, it isn't going to be in the next few days, as that isn't how it works on any platform.
Advice was to buy 5 crypto currencies, Bitcoin naturally to by the other alt cryptos. Advice on how to buy and how to store helped if you have no idea at all.
Being very cautious, to start with I put in $1,000 to see how it went and could buy on 7th December, 2017. That purchase value and distributed as advised to certain currencies is currently sitting at the following percentage gains:
1. 16.28 %
2. 121.17%
3. 107.03%
4. 262.73%
5. 309.69%
I decided to add another $,2,500 and when it got through to trade on 13th December, 2017, the same as above have gained the following since that date:
1. 4.54 %
2. 46.99%
3. 84.76%
4. 202.53%
5. 7.07%
Clearly it depends on the timing of investing anything, as the differences in the percentages gained since show, so a difference of just 6 days will impact on the gains.
The one added on Friday is currently sitting at 33.35% gain.
It seems cryptos can go up and down quite dramatically in a few minutes. I am currently on an 80% gain overall, so have on paper have recovered my subscription costs and some extra. Yes I am well aware of the fluctuations, however, in the sea of what you can invest in or not, some advice to help my experience in starting in cryptos has helped me understand how it sort of works, and a tad quicker than just trial and error, or the herd mentality.
Up to you how you see it, but I have learnt quicker than just batting in the dark, and sometimes it cost some money to make money effectively. No doubt the cryptos will move with some extreme volatility, but seem even in the short term, some are trending upwards, so with only 12 and a half days in the game, it indeed is interesting.
cheers
gsmaree
Expand
