Tag Archives: cryptocurrency

Up 70% in 32 days

Yesterday I gave you a heads up about the new crypto we’re adding to the Crypto With Kash portfolio (side note: one of our picks is up 70% in the last 32 days, turning every £1,000 invested into £1,700).

I’ve just sent out my full write up of this latest pick to members of the service, but I wanted to give you a quick breakdown of why I’m so keen on it here too, so you can decide if you’d like to get involved.

To show you the potential of this coin we first need to talk about a different crypto called UniSwap (to be clear, this is not the coin we’ve just added to the portfolio).

UniSwap entered the Decentralised Finance (DeFi) crypto scene back in September last year.

Like I talked about in yesterday’s email, it’s a Decentralised Exchange (DEX) crypto… you can think of it like a crypto version of Betfair, where people trade crypto with each other and, instead of a middleman, the technology itself takes care of everything.

This proved a huge hit with the crypto community…

And since September, UniSwap has gone from $2 to $29…

That’s the opportunity to turn every £100 invested into £1,450… and every £1,000 into £14,500.

Now, the coin I’ve just added to the Crypto With Kash portfolio is similar to UniSwap in two ways…

  1. It performs a similar function as a Decentralised Exchange (DEX)
  2. It’s sitting at a similar price to UniSwap before it took off

But, most importantly, it has a killer third angle that most people are overlooking, which I believe could potentially make it even more valuable than UniSwap…

You see, at face value the growth rate of UniSwap is much higher than this coin, but if you do a bit of digging (and I have) you’ll discover that my latest pick has an ace up its sleeve…

It’s running a “plug in” technology that allows trades and liquidity from other crypto platforms to flow through its exchange… inflows that aren’t taken into account in the usual measurements of volume and growth.

And when you take this “hidden” growth into account, my latest pick is growing at a rate that’s as much as 12X faster than UniSwap… and yet the price is still hovering in the low dollars.

I believe it’s only a matter of time before that changes.

When the mainstream catches wind of this, I wouldn’t be surprised to see this crypto take a similar trajectory to UniSwap in the coming weeks and months… and over the long term maybe even surpass it.

That’s why I’m recommending members of my service stock up on this crypto while it’s at what I believe is a bargain price.

If you’d like to know the name of this coin and read my full write up on it, you can join us on the inside of the Crypto With Kash service here.

You’ll receive my welcome email containing instructions on how to download the latest newsletter, plus write ups on the other coins in our portfolio, my two crypto guides, and also an invitation to join the private Telegram group.

See you on the inside!

“WTF happened to Bitcoin last night”

Did you see the Bitcoin “flash crash” last week?

$300 billion ran out of the crypto in less than 24 hours, sending the price from about $62,000 down to $53,000.

A $9,000 haircut!

As we talked about in the Crypto With Kash Telegram group, there were two main reasons for the size of this drop.

As my member Marco K says, the first reason was a major power outage in China…

CoinTelegraph reported last year that more than 50% of Bitcoin mining takes place in China, which is why a power outage like this could have such a big (temporary) impact on the price.

The second reason the drop was so big is because of the amount of people holding large “leveraged” positions in Bitcoin…

Being leveraged basically means borrowing money from an exchange or broker to buy more of an asset.

The problem is when the value of that asset drops and you don’t have additional funds to add to your account to keep the exchange/broker happy… in that case your position is automatically “liquidated”, e.g. sold off.

As you can see from that screenshot, someone (or some group) out there was leveraged up to $68 million! And a total of $9.7 billion was liquidated in less than 24 hours.

This is why, for most people, I don’t recommend leveraging an already volatile asset like crypto. Because while you’re borrowing money to potentially make more money, your losses are leveraged too… meaning they can be huge!

So, lots of scary news… mining outages and leveraged to the gills losses…

But, as you can see from the first message above, my members weren’t phased by the crypto “flash crash”, and instead saw it as an opportunity to “go shopping” and stock up on our portfolio cryptos at slightly lower prices.

And they’ve got good reason to be confident, because even with the “flash crash” the Crypto With Kash portfolio is up more than 40% since its launch 3 weeks ago.

Better yet, despite all the negative crypto headlines in mainstream media over the last week, there’s some hugely bullish news on the horizon.

It can be summed up in one boring (but very important) sentence…

Inflation is coming

Inflation is when prices go up and the value of traditional money like the pound and dollar goes down.

I’ll be going more into this in a few weeks time, but for now let me show you a quick chart…

OK, that looks a bit complicated, but it’s saying two important things…

  1. Inflation is coming
  2. It’s going to spike above central banks’ 2% target

Now, this is pretty bad news if you’re holding all your money in traditional money like the pound or dollar… as, at least in the near future, you’ll be able to buy less for your money.

But, it’s very good for the crypto space because many cryptos are DEFLATIONARY… in other words, they grow more valuable over time because they have hard limits on their supply. For example, there will only ever be 21 million Bitcoin.

As I say, I just wanted to make you aware of this early because I think it could provoke a huge inflow of money into the crypto space in the coming months as people look for a way to protect their wealth from rising inflation.

But I’ll be breaking down the situation for you properly in a few weeks’ time.

Next week is all about my next crypto recommendation, which I’m VERY excited about.

While this is exclusive to Crypto With Kash members, I will be sharing some details with you in these free emails too.

So, keep your eyes out for that next week!

Thanks for taking the time to read this.

“I’m not being difficult. I’m just being perfect”

Reporting from Bet Chat HQ, north London…

Today I want to talk about evidence. A straightforward concept, but one that so many people make a total pigs ear of.

It really should be straightforward…

Something happens that is a direct consequence of something else. Therefore, if you want that thing to happen again, you do the same thing again. If you want something else to happen, you do something else.

Take a soft-boiled egg. Now, clearly, there’s a margin here, somewhere between about 4.5 minutes and 5.5 minutes depending on taste, but we all know roughly what amount of boiling gives us a good soft-boiled egg.

If you boil it for 2 minutes, it will not be cooked. You can try again and again and again with an endless supply of eggs and none of them will be cooked inside 2 minutes…

We know this because we have the evidence of people’s past attempts and that’s why, if we want a soft-boiled egg, we would always cook it for longer than 2 minutes.

So why then, do people ignore make a habit of wilfully ignoring evidence?

Increasingly extreme weather events – such as last year’s Australian wildfires – are occurring on a regular basis…

Temperature records are being broken left, right and centre…

Yesterday, Bet Chat Bec and I had a day in the park in shorts and t-shirt and I ended it a little sunburnt… in MARCH.

And yet still you get people claiming that climate change isn’t a thing.

Evidence is our friend

As bettors and investors, we simply can’t afford to ignore evidence. Sure, there can be different ways to interpret evidence but you wouldn’t simply write it off due to, say, your political leanings would you?

Just imagine the scene…

Bert: “I’m backing Horsey McHorseface in the 3:15”

Ernie: “Are you mad?! He’s raced 10 times over three miles and ran out of gas in the final half mile every single time”

Bert: “Oh don’t be stupid Ernie. That’s just what the libtards and snowflakes want you to believe”

Barmy.

A trillion dollar scam?

Here are some things we know to be true about cryptocurrencies:

  • There’s currently around $1trillion invested in them.
  • Tesla – a hugely successful global enterprise – recently bought $1.5billion worth of Bitcoin.
  • As reported by Forbes this week, Visa has started a pilot whereby transactions are settled using cryptocurrencies.

So that’s a humongous amount of cash tied up in the space, a humongous business making a humongous investment in the space and a humongous financial services provider starting to incorporate the space into its offerings…

And yet despite all of that evidence, some people’s response to crypto is to simply state ‘it’s a scam’ or ‘it’s a pyramid scheme’.

A trillion dollar space with huge profit potential written off without a care in the world.

Don’t eat raw eggs

The purpose of today’s mail isn’t to sing the praises of cryptocurrency (although if it is a space that interests you, you should take a look at this) but rather to encourage you to always put hard evidence above lazy speculation or, worse, nonsensical biases.

Whatever you do with your hard earned cash when it comes to betting or investments, always make sure it’s logical and backed up by facts.

I can assure you that a two minute boiled egg does not a good breakfast make.

🚨 [BUY NOW] 2 “Bigger Than Bitcoin” cryptos

This is it…

The moment you’ve all been waiting for… even if you didn’t realise you were waiting for it!

While Bitcoin made 793% over the last year…

These “Bigger Than Bitcoin” cryptos made 4 times, 5 times, even 11 TIMES MORE money…

Returning 2,986%, 3,828%, and 8,695%…

Want to know what they are… how this is possible… and where you can find the next one?

Then watch the short video our crypto expert Kash has just recorded for you…

Watch Kash’s “Bigger Than Bitcoin” message now.

On that same page he’ll also…

✅ Walk you through some examples of “Bigger Than Bitcoin” cryptos

✅ Reveal the niche crypto sector where you can find more of them

🚨 And give you the opportunity to discover the 2 “Bigger Than Bitcoin” cryptos he currently has his eye on

Hit the link below to get stuck in…

Watch Kash’s “Bigger Than Bitcoin” message now.

This is going to be big

This week we’ve been busy putting the final touches to a brand new service that I’m extremely excited by. It covers an area with huge profit potential both in the short and long term and is something that I’m very much looking forward to adding to my own portfolio.

You may well have guessed already (given some of the content that we’ve put out over the last few weeks) but, today, I can officially reveal that the new service will be in the field of cryptocurrency…

And, naturally, in an area of crypto that isn’t already overexposed and covered by the mainstream. In other words, it certainly won’t just be telling you to buy Bitcoin!

Rather, it’ll be predominantly looking at coins in the ‘DeFi’ sector, some of which have seen gains as big as 14,935% over the last 12 months.

I’ll be unveiling the full details over the next two days, but today I just wanted to refresh your memories when it comes to exactly what DeFi is, and why it’s such a good investment.

The recap

We kicked off our series of articles on the subject here and detailed exactly why cryptocurrencies have value here.

In this article we looked at how Bitcoin in particular is essentially programmed to keep going up in price… 

And lastly, we covered the risks of investing here and how you can store your cryptocurrency here.

Keep your eyes peeled

Hopefully this is a route to profit that interests you as much as does me… 

If it is, then keep your eyes peeled as I’ll be sending you the full details, including how to join the new service, over the next couple of days.

How I mined Bitcoin in my living room

Here’s how much Bitcoin I “mined” in my living room in about 3 days…

Yep, a whole £4.25.

Which works out at about £1.40 per day.

But I didn’t have to wait for that huge lump sum… it appeared in one sweet 40p-ish payload at a time…

By my calculations, I only need to mine Bitcoin for another 105,882 days… or 290 years… to be able to buy this lovely yellow lamborghini, worth £150,000…

Actually, I forgot to include my electricity costs in that calculation, whoops! So, maybe add a few more decades…

You see, I haven’t been pulling Bitcoin out of thin air, I’ve been using my gaming computer to “mine” it…

(Yes, I am a nerd… and it probably needs a good dusting!)

Well, I wasn’t mining exactly…

Instead, I used a program called NiceHash to lend out the power of the graphics card in my computer to people who are mining Bitcoin and other cryptocurrencies.

I don’t know exactly how it works, but it’s something to do with “hashing” (no, not the kind you put in brownies)… basically a load of screens come up on my PC like this…

(That’s not from my computer, but you get the idea.)

And then… money appears in my NiceHash “wallet”.

For me, this was just a fun little experiment to see how it works.

I already had a decent PC for gaming and it only took about 20 minutes to set up the NiceHash software.

But for others cryptocurrency mining is a serious second income, or even full-time profession!

If you head over to the GpuMining part of Reddit, you can see hundreds of photos like this

That mess of wires and PC parts is someone’s “mining rig”… and it has 44 graphics cards – a bit more than my single one!

Apparently each of those cards can make about £2 ($3) per day…

Which is £88 per day, and around £2,640 per month.

Here’s another one, which looks a bit neater…

Apparently it’s making £2,000+ ($3,000) per week.

So, £8,000 per month?!

In… sane!

But before you quit your job to rush out and start buying up parts to make your own mining rig, there’s a catch…

That rig in the last photo cost £5,000, so the owner had to stump up a significant amount of money upfront… and the “buy in” is only getting more expensive…

You see, due to COVID-19 manufacturer shortages and this new crypto mining boom, graphics cards are in short supply and high demand… and the prices have been going through the roof…

For example, this brand new RTX 3080 graphics card, which released last year, should be selling for about £500… but instead it’s selling at £1,600…

That’s more than triple the price!

And even older cards like the RX 580, which was released in 2017, have more than doubled in price…

If you own a modern graphics card and aren’t interested in crypto mining, now might be a good time to sell it!

So, what’s the take away from all this?

Well, for me it was just a bit of fun… but if I had to give one piece of advice it’d be this…

Buying and holding cryptocurrency to make a profit is a lot cheaper and easier than mining it!

Which is why you should keep an eye out for what Bet Chat’s resident crypto expert, Khashayar Abbasi, has in store for you in the coming weeks.