The past few months have been a tumultuous time for the cryptocurrency markets. But with volatility comes opportunity.


ALSO READ: A Quick Guide to Crypto Currency Trading Online


As a contestant of Wall Street Survivors’ March Cryptocurrency Contest, you have the opportunity to beat the market, compete with your friends, and win BIG!

My name is Levi Rasmussen and throughout this contest I’ll be equipping you with the knowledge to kick off your journey to victory. So without further ado, let’s get started.

Top 5:

You may be asking, where should I start? Who are the big names in crypto?

*** SPECIAL ALERT -- May 10, 2020 -- Motley Fool Stock Picks On FIRE! ****

The recent Motley Fool stocks picks, even with this COVID crisis, are STILL performing well and beating the SP500! Here are some of their most recent picks and their performance:
  • Shopify (SHOP) – April 2, 2020 pick and it is already up 90%
  • Zoom Video (ZM) – March 19, 2020 pick and it is already up 16%
  • DexCom (DXCM) picked Feb 20, 2020 right before the market crashed and it is still up 17%
  • Tesla (TSLA) picked January 2, 2020 before the crash and it is up 77% compared to the SP500 -12% so it is ahead of the market by 89%
  • HubSpot (HUBS) picked December 5, 2019 and it is up 4%
  • Netflix (NFLX) picked November 21, 2019 and it is up 37%
  • Trade Desk (TTD) picked November 11, 2019 and up 50%
  • Zoom Video originally picked Oct 3 and it is up 87%
  • SolarEdge (SEDG) picked September 19, 2019 and it is up 20%
  • Zoom was also picked October 3, 2019 and it is up 95% since then.
The average stock they've recommended is up a life-changing 346% - more than 4X the return of the S&P 500 ! Now, no one can guarantee that every pick in Stock Advisor will have the same mind-blowing returns as Netflix and Disney. But you sure don't want to risk missing out.

Normally the Fool service is priced at $199 per year but they are currently offering it for just $99/year if you click this link

Hurry! Order now so you will get their next stock pick! Here is the expected schedule of release dates for their stock picks...:

  • June 4 - Tom's New Recommendation
  • June 11 - Tom's New Best Buys Now
  • June 18 - David's New Recommendation
  • June 25 - David New Best Buys Now

CLICK HERE to get The Motley Fool's Stock Picks for just $99 per Year! 

One of the most popular ways to rank the success and popularity of a cryptocurrency is Market Capitalization (market cap for short). Market cap multiplies a currency’s number of circulating units by that currency’s price per unit. For example, Bitcoin’s market cap, at the time of this writing, is about $161 million. There are about 17 million available Bitcoins multiplied by a price of about $9,500 per coin.

Speaking of Bitcoin, it has the highest market cap of any cryptocurrency, and therefore takes the #1 spot on the Top 5 list. Here are the rest:

  1. Bitcoin (BTC) – $153 billion
  2. Ethereum (ETH) – $70 billion
  3. Ripple (XRP) – $32 billion
  4. Bitcoin Cash (BCH) – $20 billion
  5. Litecoin (LTC) – $10 billion

Each of these cryptos have differing benefits and drawbacks and are used to meet different needs. So although they may (or may not) be a good place to start, make sure to do your research.

How to Join the Cryptocurrency Contest:

Now that you know who the big players are, let’s get in on the action. Follow this link: http://www.wallstreetsurvivor.com/league/MarchCrypto and click Join the League.

[randad]

How to Trade:

Wall Street Survivor provides a simple, user-friendly simulation crypto trading platform, making it easy to virtually navigate the crypto market.

When you log in to your WSS account, hover over the Trading tab at the top of the page, find March Crypto, and click Trade. This will bring you to the Make a Trade page where you can also find your portfolio and see recent trades.

Before you decide what to trade, you may want to consider your options. On the Make a Trade page, at the top right of your screen, you’ll see a yellow button called Crypto Quotes. Clicking on this will open another tab that displays a list of cryptocurrencies with various statistics such as market cap, volume traded, and percent change in price.

After browsing this list, return to the Make a Trade page and use the Search bar to find the crypto that you want to trade. Click on the currency, then select Buy, Sell, Short, or Cover. Decide how much you want to trade by either choosing the amount you want in virtual dollars or by the number of “shares” you want to transact. Finally, click Trade.

Congratulations!

If you follow these steps you’ll be on well on your way to building a winning crypto portfolio. Best of luck, and look out for my next article, The Play, coming next week!


INVESTING TIP #27-- HOW TO GET FREE STOCK!

Get Up To $1,000 in Free Stock with Robinhood--the Commission-Free Brokerage!

Open a new account and receive one free stock valued at up to $500! Then, once your account is open, get more free stocks (value from $5 to $500) for each friend, family, person you refer! USE THIS LINK to get started with Robinhood!
SHARE
Previous articleA Quick Guide to Crypto Currency Trading Online
Next articleTop 8 Growing Industries to Look Out for in 2018

LEAVE A REPLY