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Monday, July 31, 2017

Way to my first 1 BTC by lending Bitcoins

Hi all,

I want to start a new topic which I will be updating regularly to document my journey to first earned BTC by lending BTC.

So this topic won't include any numbers from other online investment programs I'm in. It's solely focusing on my progress while lending BTC.

The platform is called Poloniex, it's a cryptocurrency trading and lending platform. As I'm not into trading yet, maybe in the far future, I'm only focusing on lending bitcoins to others and making my profits there.

I started a while ago, but I started today documenting my progress, so I consider today as the starting point. I have 0.015 BTC in my Poloniex lending account and I'm offering my bitcoins for loan to others for a specific interest rate. 

The rate for today's loan is 2% and the loan is valid for two days. So after two days I'll have 60k satoshis more. 

The whole idea reaching 1 BTC is to compound the profits and work my way up to 1 BTC.


I've made a very rough calculation of the estimated time until I'll get my first BTC. It's a very simplified calculation with the assumption that the interest rate is fixed. I know for a fact, this is for sure not the case, but it gives me a rough indication where I am. As time will pass by, I'll get much better view where I am and how long does it take.

Starting point is 0.015 BTC with the interest rate of 2% daily. At first sight this isn't much, but with compounding the growth is exponential. So keeping the fixed interest rate and starting point at 0.015 after 212 days I will be having 1 BTC on my account.

I will keep you up to date on the progress for now it's 212 until my first BTC

Cheers!

Sunday, July 30, 2017

Cryp Trade Capital - Interim milestone reached

Hi all,

In my last post I wrote about my milestones in Cryp Trade Capital.

As a refreshed here they are, as time passed by, I've updated the timelines

  • Earn over $50 bi-weekly - Reachable in 2 months
  • Earn over $100 bi-weekly - Reachable in 4 months
  • Earn $10 daily - Reachable in 6 months

  • Earn $1000 monthly - Reachable in 12 months

  • Today was a payday again at CTC and I've reached an interim milestone today. First of all I'm earning over $2 a day, which means, that I'm now able to re-invest into the Standard plan every month (minimum deposit is $50).

    This progam is amazing and lately there have been some very positive developments. E.g. CTC opened a new office in Turkey and they are now heading for the Asian market.  So, please don't hesitate and join my team under Join my team

    I have high expectation in this progam and I'm really looking forward to the future of reaching the next milestone, which is $50 bi-weekly earnings.

    Next update will follow, if not earlier, the for sure when I reach my first milestone.

    Cheers