My foray Into Bitcoin Investment
I am at a position in life where I have little to loose financially. At this point i have been trying everything to gain ground on my financial situation.
I have gamed for points to get visa and mastercard giftcards on both gamehag and gamekit. Both of these are fine sites for a little bit of cash depending on your tenacity.
I have spent hours trying the survey game for a pittance apparently survey and poll takers aren't interested in the opinion of White middle-aged unempolyed men.
My latest foray i have begun is in the world of Bitcoin investing hopefully this will lead to getting a handle on my finances whilst I look for employment. i stumbled across a link for a site called Coinbits.
Signing up for Coinbits was a breeze, however i found i needed a separate place to buy and store bitcoin. I finally decided on Coinbase as they deal in many types of cryptocurrency. This was a bit more interesting as i had to prove my identity in several ways to unlock aspects of the account and actually buy some bitcoins. They take their security very seriously.
(affiliate link https://www.coinbase.com/join/5b92bbef08c4ef0f5e511a11 if interested)
So currently as of yesterday morning i am a minimal investor in Coinbits at $50. the too good to be true investment at this level is 10% per day for 7 days
as i currently have no results to report yet as it hasn't been 24 hours i will hold this blog post here and hope some of you may follow my journey into the world of cryptocurrency investing. Yes i did include my affiliate addresses as they do net me a benefit. If this makes you uncomfortable checking these sites out the drop everything after the .com Though i could use the boost if y'all check them out for a try. I will be getting back to this blog with my intermediate results as soon as i have any to report.
Luck All Out For Now -Brotor-
I changed my banner happy day. I made it through the first 24 hour investment period. Coinbit credited my account with $5 the 10% of my investment as advertised. I will be following up daily throughout the 7 day active period into the reinvestment period. Yes this still seems too good to be true but my hope has gotten higher
Hopeful -Brotor-
So i am keeping my first day banner so you can see progression. I have now gotten to my second 24 hour payout and am becoming less skeptical of coinbits as they continue to credit my account as advertised
Growing more optimistic -Brotor-
So day 3 has come and still as advertised i have been credited another 10% of my original investment. So noe i am convinced of the crediting side opf the investment the next test will be trying to withdraw the money after day seven. Then reinvesting for another week. I will continue to post the daily gains here as well.
Day 5 update is in again steady growth of 10% I will really be updating this in detail after day seven when its time to withdraw and reinvest to see how that process grows. I am aware that this whole thing might be a scam which is why I'm using a minimum investment and will only be reinvesting mostly the gains made this week. So far it performs as stated we'll see after the withdrawal and reinvestment process.
Hopeful but still skeptical -Brotor-
One more day until withdrawal and rollover - Hopefully cautious -Brotor-
So today is day seven WITHDRAWAL DAY my seven day deposit expired and was added to my balance.
I could have gone directly into deposit and rolled over any amount of the account. this howver would not tell me the real story, if i really made money ro was getting a pretty visual scam. So Iopted for a complete withdrawal of funds. First to see how long it would take and second to see if i was going to get the money or a run around.
After about 5 minuted the transfer showed up in my bitcoin wallet minus transaction fees from my wallet provider awaiting blockchain confirmation
so minus fees after 1 week at a 50.00 deposit i made 29.97 and paid 4.03 in transfer fees. I call this one a win do far.
So due to holds on my wallet end i redeposited 70 of the $79 i received for next weeks venture
So far Satisfied -Brotor-
Week 2 day 1 deposit started
I earned 35$ last week on a $50 deposit
That i withdrew and redeposited $75
lets see how this week goes It should be a smooth 10% daily
My first 24 hours on the new weeks deposit is in and as expected 10%.
So far i have deposited a full week for a profit of $35 on a $50 deposit. There was no issues with withdrawing either the original deposit or the profit.
Getting some money slow start but working do far -Brotor-
Week 2 update for the second deposit. Sailing smoothly for the time being soon i will be able to roll over just the profits and have Zero liability in this investment. But another 10% percent as expected.
Growing steadily -Brotor-
Steady growth a few weeks of this should see me clear to paycheck size weekly deposits. Getting ever more hopeful. staying cautious -Brotor-
Week 2 day 4 continued growth very pleased. -Brotor-
Week 2 Day 5 I have been getting steady 10% gains for my second week now. 2 more days to roll over time. I still cant believe this is working.In a few weeks i should be able to put up some really nice numbers with no liability left tin the investment. My current liability is $40. so i am actually getting quite impressed with this. -Brotor-
W2D6 Another deposit cycle almost complete tomorrow day 7 is turnover day . I plan on withdrawing and redepositing most of my principal plus the profit next week will see even greater gains. -Brotor-
So getting my hopes up to week 2 i finally found where the too good to be true fraud zone lies. My account had been frozen because i did not deposit 10% more than i withdrew the first week. Nowhere in the TOS and Investment information for the site is this mentioned. So the penalty to access my 127$ is to move my deposit up to the next type at $1000 I hoed this would work but the numbers were and are just too good to be true. so much for the principle and profit deposit plan. Fortunately i'm only out $40. So coinbits turns out to be a fraud however for the exchange of bitcoin and many other cryptocurrencies COINBASE has been exemplary.
(affiliate link https://www.coinbase.com/join/5b92bbef08c4ef0f5e511a11 if interested)
So much for this round of investing with crypto