The Monday April 2nd Edition of The Cryptocurrency Novice Report

Welcome to The Cryptocurrency Novice Report for Monday April 2, 2018.

Word to the Wise

Another day, another high interest paying website claiming to be a crypto mining operation. Please welcome Bitadvisor.

Bitadvisor is the new kid on the block when it comes to crypto scams, having been online all of 0 days.

But they learn quick. They have a very enticing lineup of plans that promise to pay you up to 15% daily on your investment FOREVER.

That's an incredible 5,475% interest on your investment every year, for all of eternity. That's right, long after the Sun goes supernova and destroys the Earth, you can rest assured that your initial investment will still be generating a steady flow of income from Bitadvisor.

You can feel safe that you will never lose money when investing with Bitadvisor. Why? Well because they say so.

After all, Bitadvisor is an anonymous group of people who have been around for less than 1 day. What's not to believe? If you can't trust complete strangers who hide their identity and make outlandish claims on the internet, who can you trust?

But seriously folks, this is just another copy of all the high interest scams we have been seeing for months now. Long on promises and short on proof. Avoid Bitadvisor at all costs. They are just a scam looking to steal your money.

Money For Nothing

Today's free money is an airdrop for 1000 free SHB tokens from Shopiblock.

To get your free SHB tokens, just follow the link to register for the airdrop. You will need an ERC20 compatible Ethereum wallet address to receive the tokens.

If you don't already have an ERC20 Ethereum wallet, you can get one from MyEtherWallet.com for free.

Shopiblock is designing a platform to bring blockchain innovations to online stores, giving people the ability to open a store and integrate a crypto loyalty program. If you would like to learn more about Shopiblock, visit their website at https://www.shopiblock.io/.

The Report

After getting crushed at the end of last week, the cryptocurrency market has been somewhat stable the last couple days. Here's a look at our favorite coins and what they are up to right now.

Bitcoin is currently trading at $6970, down 0.6% in the last 24 hours.

Steem is currently at $1.65, up over 13% since Sunday afternoon. SBD meanwhile is trading at $1.59, up 8% since this time yesterday.

The Steemit Market currently has Steem trading for 1.015 SBD thanks to a surge in the price of Steem. That's up a little from yesterday when Steem was only about 0.98 SBD.

The supply of liquid Steem continues to slowly evaporate. Over the weekend approximately 66,000 Steem disappeared as more Steem got powered up than was liquidated. Currently there are 76.66 million liquid Steem.

Please note: I am not an investment professional. The information I present here is only my opinion. I do not encourage you to invest in any coin I mention, especially those featured in the Money for Nothing section, since most of these are not going to make it and may even be a scam. I only suggest you claim the free airdrops offered, nothing more.

Until next time...

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