THE WILD CRYPTO WEST: What to do when you're fresh out of bullets.

in #crpytocurrency6 years ago (edited)


With the approval of Bitcoin futures and the recent institutional interest, many claimed that the early adoption Wild West Days of this market were over. Unfortunately, present day this is proven more wrong than ever. The recent activity in crypto has absolutely chaotic with market manipulation, whales pumping and dumping, head-fake rallies, and the never ending saga of the delayed ETF. However through all this one trend remains consistent, a massive and continuous decline in crypto prices. Now some people run away from this price action with their tail tucked between their legs, but there's a few of us out there that see an opportunity to buy up digital assets at ultra low prices and strike it rich. It's one heck of a sale, but all of us have a limited amount of money we can shoot in before our bank accounts empty. This is a guide on how to go beyond your limits and blast a few more dollars into this market even when you think you're fresh out of bullets.

  1. START UP A SIDE HUSTLE.

    Is the money you make from your job not enough? Then why not try to open up an addition revenue stream? This could be anything from online marketing, landscaping, selling off stuff on Ebay, opening up a Steemit account (obviously), manufacturing products, or even just helping around the neighborhood. If you look hard enough for an opportunity it's bound to find you.

  2. TRADE WITH YOUR ADDITIONAL FINANCIAL ACCOUNTS.

    Maybe you don't get paid for a while but you can always make a few trades in your stock brokerage account. If the trades are successful you can transfer out your profit and buy more crypto. However if you're not a day trader or a swing trader, therefore profits are only cashed out very rarely.... that works to. As a long-term value investor you're probably invested in many stable dividend paying stocks. So you can keep the stocks, but just take out the dividend.

  3. LIQUIDATE OTHER ASSETS.

    Perhaps you bought a nice car that you really didn't need, got a motor boat, a snowmobile, or own some real estate? These can all be sold off in the name of long term wealth and success. Becoming rich is all about delayed gratification, so if you accept short term pain you could potentially make enough money off crpyto in the future to buy back everything you sold off and then some.

  4. WHIP OUT THE CREDIT CARD.

    Have no Net Worth and lack a steady job? That's no problem just open up a line of credit. It's absolutely possible to buy crpyto off Coinbase with a credit card.

  5. BORROW MONEY FROM FAMILY.

    Even in today's easy credit environment not everyone can qualify for a Credit Card, so as a result you go to the next best thing. Family. Are you your parents favorite child? Well then it's time to take advantage of that. Did your brother do something wrong and you didn't rat him out? Use that as leverage. Is your sister stashing away money to save up for a car? Temporary... make that money disappear. But what if your entire family is a bunch of tightwads? That's no problem, just branch out! Call up distant relatives, reconnect with your cousins you haven't seen in years, go down to the retirement home where you grand parents are staying. The number of potential lenders is endless, you just need the motivation and a good healthy lack of morality to cash in.

  6. SELL YOUR ORGANS

    Altogether then human body is worth about $550,000. You can even get a cool $1500 per eyeball! You could sell your kidney's for... No guys this is illegal. But the times are changing. Previously weed was illegal, but then companies realized how much money they could make off it so they pushed politicians to legalize it. If we all banded together and got companies to lobby for us we could make organ harvesting legal. Then everyone would be able to buy a $6500 Bitcoin!

  7. BEG.

    If you've already gone as far as shedding your morality, your dignity can't be far behind. Put on some dirty clothes, roll around in some mud, forget to shower, that's all you need to become and an unstoppable donation collecting machine. Let your desperation to get crypto radiate off of you while looking at passing cars with the eyes of a wounded puppy-dog. Even if you only come up with pocket change just remember, one dollar investments have turned people into Bitcoin billionaires.

Overall if you want to become rich you have to make sacrifices and there's no easy way around it. I'm not saying you have to do everything on this list, but these tips can certainty help you to grow your crypto account. Good luck with your investments and hopefully one day you strike gold.

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