Category: crypto

  • How I Earned $100 Passive Income in Bitcoin

    How I Earned $100 Passive Income in Bitcoin

    If you want to save time not scouring the internet for complicated solutions,

    If you have no idea how to make extra money effortlessly in the world of cryptocurrency,

    And if you’d rather achieve financial gains without the hassle,

    Then this is for you.

    Now it is easy to start making money and earn passive income paid in Bitcoin.
    Start making money and earn passive income paid in Bitcoin.

    WHAT it is:

    NiceHash, a revolutionary platform simplifying cryptocurrency mining by allowing users to earn Bitcoin by renting out their computing power.

    WHY it’s amazing: NiceHash delivers a seamless way to earn extra income in the form of Bitcoin, providing a passive income stream that benefits anyone looking to boost their financial portfolio.

    Let me share my personal journey of making $100 in free Bitcoin by referring people to NiceHash.

    First of all – I totally underestimated the importance of referring people to the amazingly simple solution of NiceHash.

    NiceHash is a cryptocurrency mining marketplace where you can rent out your computer’s processing power (CPU, GPU) to miners.

    Miners pay you in Bitcoin for this service.

    The more powerful your computer, the more you can earn.

    The NiceHash Miner software automatically selects the most profitable cryptocurrency to mine at any given time, maximizing your earnings.

    Crypto Mining Used To Be Hard

    Crypto Mining Used To Be Complicated.

    Before – Without NiceHash, you would have to navigate the complex world of cryptocurrency mining on your own, which could be time-consuming and confusing.

    After – With NiceHash, you have a platform that simplifies the process, providing you with the tools and services you need to mine and trade cryptocurrencies effectively and efficiently.

    Now it is easy to start making money and earn passive income paid in Bitcoin.

    Case Study

    One user on Reddit shared their experience with NiceHash, explaining that as long as you download the software from the official site, it is safe to use.

    They also clarified that antivirus programs often flag CPU mining software as viruses, but this is due to past malware issues and not a reflection of NiceHash’s trustworthiness.

    How it Works

    To start earning with NiceHash, you need to download and install the NiceHash Miner software on your computer.

    Once installed, the software will benchmark your computer’s processing power and automatically start mining the most profitable cryptocurrency.

    You can monitor your earnings and withdraw your Bitcoin from the NiceHash website.


    Step 1: Sign up for a NiceHash account.
    Step 2: Download the NiceHash Miner, their proprietary Excavator, or open-source xmrig.
    Step 3: Start mining cryptocurrencies using your computer’s processing power.
    Step 4: Monitor your earnings and hashrate history through the History & Stats settings page.
    Step 5: Trade or sell your mined cryptocurrencies on the NiceHash marketplace.

    How Can I Make The Most Money?

    Don’t mine at all. Refer people to NiceHash and earn passive income. Like me.

    The profitability of mining with NiceHash depends on several factors, including the power of your GPU, the cost of electricity in your area, and the current market rates for the cryptocurrencies being mined.

    You can use the NiceHash profitability calculator to estimate your potential earnings.

    Best practices for maximizing your earnings with NiceHash include keeping your GPU drivers up to date, ensuring your computer is well-ventilated to prevent overheating, and running the NiceHash Miner software during times when electricity rates are lower.

    What Do I Need To Get Started?

    How to make the most from mining? Don’t mine. Just refer people to buy the computer equipment on Amazon and earn passive income. Like me.

    To become a NiceHash miner, focusing on the specific hardware (GPU, CPU, RAM, etc.) and storage space—here’s a 2024 guide based on the information available:

    Hardware Requirements

    GPU:

    • Minimum VRAM: For GPU mining, having at least 6GB of GDDR5 memory (VRAM) is crucial. NiceHash QuickMiner supports and runs on all NVIDIA® 1000, 2000, 3000 series GPUs with at least 6GB of GDDR5 memory2.
    • Recommended GPUs: For efficient mining and decent profit, higher-end GPUs are recommended. As of the latest insights, Nvidia’s 4000 series GPUs are suggested for their efficiency.

    CPU:

    • While specific CPU requirements are not heavily emphasized, having a modern CPU that can support Windows 10 is necessary for running mining software smoothly.

    RAM:

    • Minimum RAM: At least 4GB of system RAM is recommended to run Windows 10 and the mining software without issues.
    • Virtual RAM: If you’re running multiple GPUs, it’s advised to increase your virtual RAM based on the total memory of your GPUs. For instance, if you have GPUs with a total of 8GB VRAM, setting your virtual RAM to at least 8000MB is recommended.

    Recommended Mining Rig Systems

    Storage Space

    • Minimum Storage: A 240GB SSD is sufficient for running Windows 10 and NiceHash mining software, but be mindful of storage space as it can get filled up with temporary files or updates.
    • NiceHash OS: For those opting to use NiceHash OS, a modest 4GB USB stick is adequate since NHOS loads itself into RAM upon boot, minimizing the reliance on the boot media during mining operations.

    Additional Considerations

    • Operating System: Windows 10 is commonly used for NiceHash mining due to its compatibility and ease of use. However, NiceHash OS is an alternative for those looking for a dedicated mining OS.
    • Cloud Storage Provisioning: Large scale hard drive file server to participate in STORJ decentralized earning.
    • Internet Connection: A stable and reliable internet connection is essential for uninterrupted mining and communication with the NiceHash servers.

    Conclusion

    Becoming a NiceHash miner requires meeting certain hardware and storage specifications to ensure efficient and profitable mining operations.

    It’s important to have a capable GPU with sufficient VRAM, at least 4GB of system RAM (with additional virtual RAM for multiple GPUs), and adequate storage space for the operating system and mining software.

    How I Earned $100 in Free Bitcoin With Zero Invested

    Making money on NiceHash may nothing to do with mining.

    You can just refer new miners to the equipment and to NiceHash. They are making money, and you are making money.

    By meeting these requirements, you can set up your mining rig to start earning through the NiceHash marketplace – or you can teach others how to set up rigs on NiceHash… and start making money and earning passive income paid to you in Bitcoin.

  • Watch for THIS LEVEL on Bitcoin TODAY: Plus Mystery Chart

    Watch for THIS LEVEL on Bitcoin TODAY: Plus Mystery Chart

    Howdy everyone! It’s a big day; the FED is speaking today. Let’s look at the price charts to see if the TA can tell us what’s going to come next.

    In the second part of the video, I’ll talk about what’s going on in our new skool.

    In the third part of the video, I’m going to share a chart that no one is looking at because it’s not Bitcoin. It’s not even a cryptocurrency, but you can grow your crypto by nailing it on this chart.

    Let’s jump into the whale feeding Zone and Shark Feeding Zone. We do have some changes.

    From yesterday, where the 4-hour has moved up a little bit, and it’s starting to look like it’s trending. We’re getting some direction out of that. If we go into the 12-hour time frame, we can see this is expanding up a little bit higher at the top and not much lower at the bottom. It’s like it’s expanding, widening to give room for prices to move up above there.

    And I don’t know, of course, but when the daily is pinching down, and we’re all coming to a coalescence like this, I just want to zoom in.

    Let me go to the 3-day, even more important to see the 3-day in its pinch like this. We’ve looked at that 3-day before and then compared where that lines up to a weekly. We can see the 3-day pinched super super tight back here, super super tight again. If we are in a similar pattern that we were in in the past, that we’ve come up, we’ve already done the pullback, so the big question is about to be answered as we are flaring past or down below the pinch that we’re seeing right now.

    In other words, if we go to the present time here now, we can see where the Ballinger bands are pinched down really really tight. And a breakout above this is so crazy; everything is just going to go.

    Now, it might not be everything. Bitcoin’s going to go, and the altcoins might get slaughtered because Bitcoin dominance will rise at the same time. So your risk control on each individual trade is still super important.

    Now let’s continue zooming in here. We got the 12-hour, we got the 4-hour, we checked out the long term. Now we’re zooming into the 1 hour. It’s just been whale feeding and Shark Feeding inside these zones, just back and forth. Really difficult to trade if you’re doing it with any size.

    And there we go, the FED leaves the rate unchanged,

    sounds hawas note for March, which means that we’re going to be pumping like crazy from now.

    I believe that the dollar Index is going to lose some ground, that gold and silver are going to be pumping up. So we could see the dollar Index; where we go DXY. So there’s a hammer reversal candle right there.

    So I was kind of worried about the fact that we were outside the Ballinger bands. But now that we have this Hammer reversal candle there, it’s starting to look more bearish that we could continue down from here rather than reversing up hard.

    So the dollar Index dropping down from here is going to make the Japanese Yen move, the Canadian dollar move; it’s going to make the metals move as well.

    Before I get to that third part of the video, I want to talk about what’s going on over on our new skool.

    https://introtocryptos.ca/skool

    Yesterday we had the first free course launched;

    today we have the springboard trade patterns course launched.

    Those are both free courses that are available.

    You can get the free course on the full five stages of the trade; you can learn that whole thing over on the skool now.

    And this course is available as well, so you can learn the springboard pattern, and it’s super important for what’s going on with the altcoins.

    Then tomorrow, the Ballinger band mean reversion course is going to be launched and be available.

    The day after that, we’re going to have the popcorn Trading Co course available.

    Then in the morning on Saturday, we’re going to have a state-of-the altcoin video call.

    Tons of stuff going on in the community, but that’s not the important part.

    The really important part is what’s going on with all the different people who are saying hello.

    Benjamin, he’s been following our videos for a couple of years now; that’s great.

    Temi, it’s great to see Temi is in here learning the one two three and learning to practice correctly and profitably.

    Awesome to have you here.

    Dalibor, welcome back; great to have you again.

    Andrew from Australia, awesome mate; good to have you along.

    Stezzy, hey, welcome, welcome aboard,

    And everybody else who’s just joining, be sure to head out to the welcome aboard link here, expand this, and go and watch the new welcome intro video, check that out, check out this community, come and grab a new membership request pending.

    And I’ve got a couple of questions for every new member who comes in; it’s awesome to get those answers and let me know what you’re actually looking for.

    Super phenomenal; I’m really excited about this new community.

    Now before I get into that third chart that I want to talk about, I just wanted to look at Bitcoin dominance here because if dominance is rising as all of this is going on, then we have to pay attention.

    That this is telling us to get out of the alts back into Bitcoin if bitcoin’s taking off. And then we’ll watch this, and we’ll see how this is panning out. I’ll check each of the different trades.

    Palladium

    But now I want to go into that third section of the video and go into the TA and look at this chart. You can see here that Palladium, which you can trade over on simple FX, there’s a referral link down below.

    You can see that Palladium is now in alert status according to our alt season indicator.

    In other words, we’ve got the break of the downtrend line; we’ve got the 123 patterns setting up here, and we’ve ALS. And it’s just about to break the 123; our EMAs are just about to cross on the 60/20 time frame.

    So that makes me want to zoom in on a closer time frame and to see is there a way that I could take a position on this that would be really low risk because it’s Consolidated so nicely.

    There’s a pretty good risk profile on this trade if I could take a very small position in this, and then as soon as the price does move up a little bit, then maybe I want to check that out.

    But you know there’s a lot more to be to know about Palladium.

    So you know I did some research about how has the demand for Palladium changed over time and there’s a lot of details about the deficit coming up and the difference in the usage of Palladium.

    So when you’re getting into trading any of these things, it’s much more than just trading the 123 formation.

    Yet the 123 formation is exactly how we determine our entry, our exit, and our risk range so that we can know the risk profile before we put the trade on.

    We’ve done stage one of the trade and planned it all out.

    And now to finish up, let’s take a look at Bitcoin prices because we’re still in the middle of that conundrum where we have the one two three bottom prices are up above our stop.

    We could do nothing right now; we should keep our hands off it. And we’re also below that one two three top formation that Bullinger band mean reversion and cell signal that we M mapped out there last week.

    So we’re still right in the middle;

    I’m super bullish. I’m not jumping back and forth in all of these; I’m just tracking them out just for the pattern.

    https://introtocryptos.ca/skool

    Super exciting times, and I’m really grateful to have you guys along.

    I hope to see you over on the new skool; come and join us.

    It’s a great community of people, trade safe, and keep those losses small.

  • CRITICAL Bitcoin PATTERN CONFIRMS when THIS HAPPENS

    CRITICAL Bitcoin PATTERN CONFIRMS when THIS HAPPENS

    Total change, fellas.

    I’m teaching everything for free over on SKOOL, and I want to grow this community to 1000 PEOPLE in the next week.

    That means the training and the content inside there HAS TO BE SOOO GOOD that you would be dumb not to sign up and get it today.

    I’m launching the first of the free training courses.

    https://introtocryptos.ca/skool

    I’m going to teach you how I find the one, two, three entries and the exits, and I’m going to make it practical for you by showing you all five stages of the trade.

    I recently had an article published over on Inside Finance Wire.

    Out of 2300 people, it says that once you learn this, you will never watch the charts all day again.

    And I’ve got an article written on the Data-Driven Investor with 63,000 people that says that crypto trading is boring, and this is where to find the real financial excitement.

    And that’s what I’m going to be teaching over on the 1,000 member crypto trading skool.

    It’s more than just about crypto trading; all the training is going to be for free, it’s going to be easy, it’s going to be fun.

    But we’re getting into more than just crypto trading; we’re talking about money making in all four different directions.

    Our community is going to be real because we’re going to do it, and then we’re going to tell what happens.

    Once You Learn This You Will Never Watch Charts All Day Again

    Overcome The Chart Watching Trap

    Trading Crypto is Boring

    This Is Where To Find Real Financial Excitement

    1000 Member Crypto Trading Skool

    A Massive Growth Story For Every Content Creator

    In this video I want to jump into the Whale Feeding Zone and Shark Feeding Zone and see what’s actually going on with Bitcoin prices in the 1-2-3s.

    Because we’ve got some super important details coming out tomorrow where the FED may be announcing a change in the interest rates, and that’ll change what’s going on with the US dollar Index, and that could have a profound impact on everything else, super important, especially where we are right now.

    We’ll take a look at the next charts in here in a second. Let’s move the 12h hour bands over to see where we are.

    I want to pay attention to where this band is so that I can look at where the 4H hour is compared to the 12h hour and track that.

    The comparative position of these bands really helps to identify whether the 123 formation is valid or not.

    So we’re getting lots of lines on this chart now, but now we have an uptrend, and I’m watching for the 123 formation. We see that the 1hour Binger band is pinned tight now at inside the 4H hour near the top of the 12h hour.

    So when they all tighten up against the top of the bands like this and all the bands coalesce together, it does give it room to make a stab back more easily, it seems to me, than for it to punch up through.

    On the other hand, if it does punch up through these and make support up above, this is super important that we really respect that.

    But this really still leaves us sort of in the middle because we had the Binger band mean reversion cell signal the other day, and I’m going to have a free course coming out that teaches exactly that. I have the video from when this happened as it was happening.

    I was videoing the exact trading signal, and I’m going to have that available in the free course over in our new skool.

    It’s going to be super cool to watch for those signals because as we have that sell signal, we could still have our stop loss just below our entry, and we’d still be in that position.

    Yet we also have what was a Bollinger Band mean reversion Buy Signal down at the bottom here. We have the one 123s; we could have our stop-loss up above our entry.

    In other words, we were right smack dab in the middle where we could be holding a short position in one account and be in profit, and we could be holding a long position in the other account and be in profit.

    We’re right in the middle, so it’s a real uncertain time in this band where prices are going to go.

    So anything that we are doing in Bitcoin would have to be super small in position size until we see what the US dollar Index is doing.

    It is potentially a one, two, three top formation here, and I’ve seen these kind of candle formations before where I’ve nicknamed it the three touches of death where we have the one, two, three formation. But if we go up one, two, three times against that, we don’t have a uh, we don’t have a one, two anymore.

    Now we have a one, two, three bottom.

    This usually is the line where things change direction once we’ve hit it three times and we can’t penetrate, then it’s going to drop hard the other way.

    So the interest rate decision tomorrow is going to be super important because it’s also going to affect Japanese Yen and the Canadian dollar and being able to trade those patterns over on SimpleFX using your cryptocurrency is super exciting to me.

    Oh, and by the way,

    when I do that course on the Bollinger Band mean reversion signals,

    I’m going to show how this indicator helps us identify it with the color coding.

    Sniper Extreme Indicator

    It really stands out with the one 123s, the relative strength index signals that we get.

    It just nails these signals, and I’m going to put that all together in the free course, and you can come and join our skool because that free course launch is today this morning.

    That course is already in there and complete.

    You can go and access it.

    And then tomorrow,

    • I’ll be launching the springboard pattern course, and
    • I’ll be putting in the Bollinger Band mean reversion course, and
    • we’re going to do a course on the popcorn trading signals as well.

    There’s a ton of stuff coming out in this, but I’m getting ahead of myself.

    And now I want to finish the video with a little update on the altseason co-pilot.

    I’m going to release a course on how to operate the altseason co-pilot and how our trading system works so that when we take the average of this trading system when we do it to all the different cryptocurrencies, it really tells us when to get prepared for cryptocurrency season and when to get out.

    When we compare our data against the patterns in Bitcoin dominance, we can see that there is a direct correlation between those periods when our system is telling us that it’s time to get into altcoins.

    We can see that the opportunities are setting up just before everything has gone into hold status, and there are waves and waves and waves of it as Bitcoin dominance is topping out.

    And we’ve seen an important wave here that we can see that Bitcoin dominance was rising along here with Bitcoin, but recently it’s not been doing the same amount.

    So the altcoins have been rising in value more than Bitcoin through this period from September and October through the through to now.

    And we know that there’s been some coins like Sol and Link and um, Bake and a few that did some really huge moves, and that’s what’s causing the change in the all-in Bitcoin dominance this far.

    And I do believe we’re topped out here in Bitcoin dominance that all those coins are going to be crossing the one 123 formations, and we’re going to be growing the number of Bitcoin that we hold by holding on to these altcoins.


    Wow, we covered so much in today’s video.

    If you want to catch up on this trading system now,
    you can go and learn for free over on our skool.

    I’d be super pumped to have you along there.

    Help me make that 1,000 person goal in the next week, and I’m going to make the training so awesome that you’d be crazy not to come and join us.

    Thanks again for watching, trade safe, and keep those losses small.

  • Crypto Content Goldmine: Strike Rich with Your Writing Skills!

    Crypto Content Goldmine: Strike Rich with Your Writing Skills!

    Hey there, it’s Doug here! I’m super pumped to share my journey as a crypto content author and how I’m building a sweet little community for all of us cryptocurrency, metaverse and NFT authors to grow and make some passive dough, no matter how the markets are treating us. So, I’m whipping up this post to spill the beans on everything I’m up to.

    🚀 Building Our Author Gang and Cooking Up Content

    You wanna hop on this crypto writing wagon? Join our Discord community! You might just find a way to turn your crypto adventures into some extra cash.

    OBS, YouTube, ChatGPT into a Blog Post

    In this post I’ll give you a sneak peek into how I use OBS (Open Broadcast Software) for unlisted live streaming to record my technical analysis thoughts.

    Once the livestream is done, YouTube’s got my back, giving me a transcript to process into an article with the help of ChatGPT.

    🔧 Tech Tools for Taking Off The plan? Pump up my followers, because hey, more followers mean more cha-ching from different sources.

    I use the transcripts from YouTube, polish them up with a little help from ChatGPT, and get them ready to hit the blog publishing scene.

    💰 Publishing and Cashing In

    I’m eyeing YouTube to start raking in some coins by building it into a paid channel. Plus, I’ve also become a partner at Medium and established another new income stream I did not have before. The payoff? It’s building on itself and very encouraging to see early results so quickly. I’ll be sharing all these refined strategies onto various platforms where I’ve already got my writer’s hat on.

    🔗 Linking Up and Networking Smart

    It’s all about making connections, you know? I’m linking back to my older articles, tossing in some links to my main site with those juicy keywords, and hope that my reveal posts like this are guiding you folks to other ways to fill YOUR pockets.

    Join the movement of successful crypto authors. Learn, share, and earn with our proven content strategies and community support.

    💸 Juggling Multiple Income Streams

    Right now, I’m all about writing my thoughts and research results and publishing on Beehiiv, WordPress, LinkedIn, Medium, and YouTube viewership to keep the content flowing.

    Plus, I’m nudging people towards referral programs that will help my audience, and where I get a cut of the ongoing fees. It’s all about spreading out and tapping into different money-makers.

    🌟 Future Plans and Rallying the Community

    I’ve been brainstorming with ChatGPT for more ways to bring in the bucks. Stay tuned for more details in my new book GPT MONEY and in my future posts, which I’ll be sharing in places like the Side Hustle Club to reel in an even wider audience.

    Inside our Discord authors’ group, especially in our coffee room chats, I’m always gabbing about how this whole shebang works.

    🤝 Mixing It Up With Fellow Authors

    A big chunk of my game plan is to mingle with other authors who’re writing about all things crypto.

    The aim? Get these smart cookies to join our Discord tribe and boost our collective smarts in the crypto author world.

    📣 Calling All Crypto Enthusiasts and Wrapping Up

    If you’re knee-deep in cryptocurrency and got something to say, hit up our “Write for Us” page. We’re all about practical, real-life crypto tales and lessons.

    Step up your game with groundbreaking strategies for content creation and monetization. Get ready to be the next big name in crypto writing!

    I’m creating a sustainable program that keeps on giving and making money, even when I’m chilling on a beach somewhere.

    So, come on over, trade smart, and remember: keep those losses small, eh?

  • Bitcoin, USDT or Altcoins

    Bitcoin, USDT or Altcoins

    Three pools of money that portfolio managers constantly rebalance to match the cryptocurrency price trends.

    It’s a pretty simple formula.

    Yet human nature makes us second guess while we make transitions from one phase of our money holdings into the next phase as the trends ebb and flow.

    Tracking data of the Altcoin Seasons over time helps us prepare for what may come next with the best cryptocurrencies for 2024.

    Dedicated daily altcoin index review to gather the data and long term analysis have let us learn how to look inside the general cryptocurrency trend data of bitcoin dominance and get specific about the best performing dApps, tokens and NFT markets.

    Each different wave of altcoin performance can be compared over time to help us better understand the fakeout patterns from the profit-making trends.

    As our data is presented in different views, it provides us with an educated perspective about the confirming moments in the trend change – as well as identifying the hottest moments of risk exposure to guard against potential losses.


    ➜ Altcoin Season Livestream on YouTube!


    Our Job As Traders

    Our only work is to manage risk. We don’t actually make the money. Our money is tasked with that job and we just position the money and protect it against risk.

    We don’t know the future.

    And we sure don’t know which one of these coins will pump or crash.

    So we must diversify small across all that pass our mark.

    And then we manage risk. So our job now is to watch for any of the HOLD status coins to pull back into Partial Hold.

    To me – that is a warning to protect my assets.

    But I just Got REKT

    Look at the murderous price swings that ripped apart so many leveraged traders the past few days.

    The stories of liquidations are sad to read.

    But our system is prepared for this and expects it actually.

    It will happen several more times in the months to come.

    I call it Whale Feeding Zone, and your stop loss levels need to be ready for it.

    So many exciting charts setting up right now!

    The 105 coins in HOLD status may still have opportunities to consider, yet most of those will be higher risk now that they have already passed our entry signal.

    Any of the Partial Exit coins that move back into FULL HOLD status are worth a look for some explosive continuation potentials.

    BE WARNED

    If the 4 hour EMA EXITS start to pick up – that is a warning and we should be reviewing the charts for our EXIT signals.

    The Daily Action Matrix Makes It Simple

    The Five Stages of The Trade make all of our action points very clear – so we can scan 270+ cryptos every day and sort the data to bring us a control panel that presents only the coins that are passing an action point.

    We don’t have to personally scan the price charts to find the best and most important action movers – that info is brought to us.

    Created By Crypto Portfolio Managers

    ➨ We created and improved our interface to make our jobs as easy as possible – and objective as our trading approach should be.

    Some of our members are portfolio managers and they can explain every trade they are holding.

    Nothing is left to chance in such a risky game. Every step of the trade is carefully planned well in advance. The diversification is a key component of the plan.

    How Crypto Portfolio Managers See Risk:

    Rebalance three pools of money to match the cryptocurrency price trends.

    Trading the triad of Bitcoin/Cash/Altcoins at the right time is a key component of the plan… every detail works together with a logical part to play in the over all plan.

    Oh ya – and you can learn for free.

    There are so many crypto scams out there – proof is in the plan. So we give it to you so you understand it. Putting the plan into action takes work and research and that’s where our membership provides so much value to real traders.

    The work and research is also what clears out the gamblers who try to follow our trading system.