How to get your first ₱Million with just ₱5,000.00 for Dummies
What I will share is called ICO investing. Basically we participate into a crowd sale of a certain company to buy their coin/token.
After a few days to a week these coins we bought are listed into exchanges, Depending on the exchange size our bought coins/tokens can now go bear and dip or go up and multiply.
There are 2 main strategies in ICO investing:
| Flipping | Holding |
|---|---|
| 1 Time cash in | Unlimited Funds |
| Liquidity | Content in the second column |
| FInding the Hype train | Searching for HQ projects |
| Try to do crypto 24/7 | Has hectic day jobs |
What I will discuss is called Flipping.
This strategy is perfect for people who has minimum budget but can hustle.
Our main objective is to multiply our primary fund and start building it from there.
Here's a simple monthly computation on how we can start with ₱5,000.00.
| Months | Cash in PHP | Cash in USD |
|---|---|---|
| 1 | ₱5,000.00 | $100.00 |
| 2 | ₱10,000.00 | $200.00 |
| 3 | ₱20,000.00 | $400.00 |
| 4 | ₱40,000.00 | $800.00 |
| 5 | ₱80,000.00 | $1,600.00 |
| 6 | ₱160,000.00 | $3,200.00 |
| 7 | ₱320,000.00 | $6,400.00 |
| 8 | ₱640,000.00 | $12,800.00 |
| 9 | ₱1,2800,000.00 | $25,600.00 |
| 10 | ₱2,560,000.00 | $51,200.00 |
| 11 | ₱5,120,000.00 | $102,400.00 |
| 12 | ₱10,240,000.00 | $204,800.00 |
After buying the tokens/coins and it now hit the exchanges like Bittrex, Binance & Poloniex, these coins usually multiplies in terms of USD/BTC/ETH value. Once it reached a certain peakness it is the time we cash out.. Usually on super hyped ICO's it will do a 5x minimum such as what Quantstamp [x6], Power Ledger [x10], 0x Protocol [x9] did.
In my simple graph, we will aim low, for only x2 ROI monthly.
Conclusion
In aiming our money to x2 ROI monthly, we can achieve our first million around 9 to 12 months span with a minimum of ₱5,000.00.
Topics I will posts very soon
- How to choose the right ICOS
- Where can I learn more about ICOS
- Gains and Loses
- and etc
So better stay tuned!
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I started in cryptocurrency investing in ICO and this strategy is the one I'm currently applying with my crypto-portfolio. I've started trading in exchanges as well but I realize I prefer ICO a thousand times more.
I can so relate- I prefer ico a million times better too ^_^
Yup, ICOs has the biggest roi and easiest to do **IF you know how to do it properly.
I'm glad you're part on this ICO train!
Thanks for this one. I just got into cryptocurrency research just recently. My wife @thedailymom is helping me out too. Cheers!
Nice post!
What you think about ArcBlock?
Check out my blog for a informative summary.
Cheers up!
only.ray
moon? I mean ArcBlock? hahaha still deciding tho. :)
Interesting. Have you made any profits so far?
Yes, this is the strategy I did since my ICO inception
How to verify if an ICO is legit or just a scam?
We need to BG check lahat ng info about sa isang certain ICO. hindi pwedeng basta bastang pasok. check out this group. It'll help you https://t.me/phico nasa 170members kami diyan
So far ang ICO na nagugustohan ko ang ang SalPay. They are going to go live pretty soon. Sure2. Pa-join.
now, if only I could get whitelisted. I'll be missing the nucleus and the bluzelle train. I started with BDG and not touching my coins yet. My next ico is Pundix and I'll try to flip it asap.:D
Nucleus, Bluzelle are sure rocketship imo. Dibali madami pa yan, January palang!
While Pundix, we have Ian Balina to push us 2x minimum!