I was talking to a friend the other day and she was saying how one of her big New Year’s resolutions is to learn how to invest in cryptocurrency. She is devoting a great deal of time and money into learning how wallets, bitcoin and transactions all work. She is determined to figure it out because she knows a few people who have made hundreds of thousands in profit from it.
Imagine if there was a tool that got you started in 5 minutes, and let you learn how to trade cryptocurrency with your spare change? My friend would have been able to skip all the hours of learning, and get straight to the fun part — making money!
Thankfully I was able to recommend to my friend an app that takes all the hard work out of buying and selling cryptocurrency. The Coinseed app takes no more than a couple of minutes to set up, and pretty much lets you do everything on autopilot. Once you’ve uploaded your card and got an initial starting amount (as little as $5), you pick which cryptocurrencies to invest in, and it does the rest. And even if you don’t know really know what you’re doing, it lets you copy other users who have been trading most successfully. There really isn’t anything else like it out there.
Coinseed is also about to launch its own crowdfunding campaign (launching March 20, 2018), to assist with ongoing development of its platform. The token allocation is for 3.5 million out of a total of 10 million. The aim is to raise a total of $5 million. Considering they have over 10,000 users in under 2 months with zero advertising, and have seen almost $400,000 worth of transactions in that time, the Coinseed token may be about to head to the moon.
The main reason to invest in their (ERC-20 compliant) tokens is that Coinseed plans to distribute 50% of revenues every month to holders of the tokens. Meaning that these tokens will not only benefit from capital appreciation in the event of an increase in price, but also will pay half of their monthly profit to token holders. There aren’t too many tokens out there that offer this kind of reward for holding over the long term. Most of them are speculative in nature, with token holders focused exclusively on capital gains as the main reason for buying in.
The Coinseed app also solves another challenge faced by crypto users — actually getting money out after you make a deposit. Lots of crypto brokers make it very easy to deposit money, but much trickier to actually get it out again. Coinseed makes withdrawals super easy, and free! The only charges are a $1 per month membership fee, and 1% per deposit, which is MUCH cheaper than Coinbase.
The Coinseed team is rock solid — with a blend of both blockchain and finance expertise. Del Davaasambuu and Sukhbat Lkhagvadorj are the co-founders of the project — Del is a blockchain veteran, having previously founded myethershop.co, and Sukhbat is a Wall Street veteran. They also have a strong advisory board with diverse expertise.
They have a long pipeline of new features they are planning on rolling out in the near future. One of them is a feature which lets you not only invest your spare change, but goes one step further. The app will soon take all the credit card bonuses that you accrue, and roll that into your crypto investments also. And that’s the first of many new features they plan on rolling out over the next few months. Their development team is highly skilled and ambitious, and most users will agree that they’ve come up with a great product.
Apparently there are over 10,000 people from other parts of the world on the waitlist who have haven’t yet been able to access the Coinseed app, but that’s all about to change. Coinseed is launching its app globally in the next fortnight or so, and expects to see significant growth.
The challenge for many millennials nowadays is they are more indebted (often huge student debt), and underfunded than ever before and struggle even getting enough money together to start investing, or spending time learning how. The beauty of Coinseed is that it allows you to get started with very little, and you don’t have to know much to make a profit, you just follow the top performing portfolios on the leaderboard which is updated regularly. It makes the learning curve very manageable, even enjoyable. Many of our users confess to spending too much time on our app.
My friend is based in the US, so she was able to get on the app straight away, and she has been loving it. She has been steadily investing her spare change, and recently decided to add to her portfolio now that she has the basics down. She may be a millennial, but this could be her first step to turning around her financial situation. Perhaps it could be for you too.