BitcoinMamba

BITCOINMAMBA - 2015

CRYPTOPROFITS!
MeelisM - 2015

Introduction

!
!

Hello guys! Just a quick introduction about me, so you know who you are learning
from.

!
Im Meelis.
!
Im originally from Estonia, but right now im located in Silicon Valley, California.
!

I like to learn new things, get new experiences and expand my network a lot. I love
sports and listening to music.

Ive always had a business mindset and I think its always great to acquire new
skills.

Im currently enrolled in a 2 month entrepreneurial startup crash course here in

the valley. This place is a crazy technology hub.

Google, Facebook, Twitter, Uber

All the big tech companies are here.

+ thousands of other companies that are doing crazy technological things and
changing the world and life as we know it.

I literally live and learn across the street from a startup incubator that is only
concentrated on bitcoin companies. Incubator owners and VCs invest seed capital
to bitcoin startup companies.

!
The valley is full of people who are investing into bitcoin companies.
!
The more companies offer services in bitcoin, the more the price will rise slowly.
!
The times of crazy fluctuation are probably over, but since there is so much
venture capital directed into the bitcoin industry, there will be more adoption.

!
More adoption leads to bigger price.
!
!
BITCOINMAMBA - 2015

!
!

Now is the best time to earn bitcoin, since its just in the beginning of the adoption
curve right now.

Now read on and we are going to get into it.

BITCOINMAMBA - 2015

!
!
!
!
!

!
Down to the point

Ok lets get to the point.

This WSO is going to show you how to trade cryptocurrencies and make crazy
profits from trading. Its not going to go into explaining how bitcoin works or what
is blockchain or any of that. If you want to find out stuff about that, just go and
google it. Theres lots of information about that on the internet.

I suggest you to research it, because it will make you understand how the
cryptocurrencies actually work. I believe understanding the cryptocurrency
blockchain technology is an huge advantage. This knowledge can only impact you
in a good way. Both in trading and in your business ventures. So I suggest you
learn about it.

In case you are not technically very savvy on bitcoin - at the end of this WSO I have
attached a way to get the best information on what Bitcoin is and how it works.

!
Its a book I was selling on kindle. It made the kindle bestseller list for its category.
!
The extra bonus book at the end of the WSO is called BitcoinMamba - How Did
One Man Turn $27 Into $860,000?

!
!
!
!
!
!
!
!
!
!
!
!
!

BITCOINMAMBA - 2015

!
After finishing the WSO scroll over there and check it out!
!
Ok now to this WSO
!
!
!

This is a WSO that will open your eyes on the opportunity to earn money trading
cryptos. You will go through this WSO and you will open your mind up to a new
world. In some time during this WSO a lightbulb, an ahaa moment will come
through your mind. Just take action, try it out and see how much you can profit.

Just remember - they are super volatile and you might lose all your money, but you
might triple your money in one day. So follow the golden rule in trading - NEVER
RISK MORE THAN YOU CAN AFFORD TO LOSE.

Do not just throw money into the different cryptos randomly. Do some research on
them and see which ones might be raising in price.

!
All right. So why trade cryptos?
!

If you havent been living under a rock you have heard about bitcoin. The digital
currency that has been fluctuating in price wildly in the last couple of years.

!
The price is down to ~$200 in the end of January 2015. People say its dead.
!
Well guess what, it was $13 a couple of years ago.
!
The point is - the price is not the important thing. The important thing is the
blockchain technology.

!
More and more companies are investing into bitcoin.
!
The Venture Capital industry here in Silicon Valley is going crazy on it.
!

Check this graph for info on bitcoin venture capital investments (updated daily)
http://www.coindesk.com/bitcoin-venture-capital/

!
In 2013, the total venture capital invested into bitcoin companies was $93.8M.
!
2014 it was $314.7M
!
BITCOINMAMBA - 2015

!
!

Right now at the time of writing its February 3 and we are already at $100M+ for
this year!

Coinbase, a bitcoin company, just closed a massive $75M funding round on

January 20, 2015!

!
As you see the sector is growing
!

As bitcoin gets more and more adopted, the demand goes higher and the price will
go up.
Thats the long run.

What about the short run?

!
Bitcoin is not the only cryptocurrency!
!

Bitcoin is open source. It means, that everybody can take the source code and
start their own cryptocurrency.

Right now there are 500+ cryptocurrencies made.

Most of them are just copy pastes of bitcoin with another name and logo. Some are
actually better and some just have tweakes to them. The more successful ones
have communities built around them. The ones that are most adopted are the ones,
that raise in price.

Most are just built by the creators to make a quick buck. They premine (create the
coins) a big amount of the coins and then start promoting the coin.

Once the coin gets more adopted, the price will rise.

Then the creators sell the coins and people who saw them raise in price, buy them.
In hopes of the price rising longer term.

So what I do is I look for different coins that are going to be raising in price.
Sometimes the creators drive the price higher.
Sometimes people who bought these coins drive the price higher with marketing
(forums etc).

BITCOINMAMBA - 2015

Once i recognize that a cryptocurrency is about to raise in price I buy a chunk of

them.
I check the price real time. Just check the charts and when you believe its in the
top or close to it, just sell the coins quickly.

After a big raise in price the coins will drop very quickly. Usually this is followed by
a quick raise again.

!
!
!
!

Here is an example:

7 day chart!

3) The price is
about to peak.
Time to sell. You
already made a
50%-400% profit
on a coin that has
a price thats
pumping up

2) The price is now

going full swing up.

1) Price starts to
wobble. This means
theres action going
on.
The price might be
driven up by legit
news or it might be
manipulated by
different means.!
Eiter way - if you buy
low and sell high you
make a good quick

!
!
!
!
!

4) Price is back
down. The bubble
has burst.!
If you get too
greedy and dont
sell in time - you
will still be keeping
coins here and you
will have lost the
profit. Dont wait
too long when

Theres TONS of other cryptocurrencies that are crazy volatile. That means that
their value goes up and down like crazy! Sometimes they fluctuate from +-100% to
+-250% per day!

Lets say a cryptocurrency you buy rises 70% in a day. Thats not rare at all. It
happens all the time.

!
!
!

BITCOINMAMBA - 2015

Well if you buy $100 worth of the currency, by the end of the day it will be worth
$170.
Just one example from just now when I checked the market for today.

132% up in 24 hours.

$100 would have grown by $132 which would be $232 total. $132 profit just by
buying the right thing.

Now the cool thing is that there are different platforms that make trading cryptos
really easy and fast (almost instant).

You can trade them in real time just like stocks and different commodities.

!
Not all cryptos go up all the time so be careful on what you choose!
!
!
So the whole point of this WSO is for me to show you:
1) How To Get Bitcoin
2) Ways To Spot Which Cryptos To Buy Into
3) Where & How To Trade Them

!
!
Ready?
!

BITCOINMAMBA - 2015

1) How To Get Bitcoin?

Go through this guide really quick. It explains in the easiest ways to get your
bitcoin.

!
http://www.coindesk.com/information/how-can-i-buy-bitcoins/
!

If you buy through some exchanges it will take you a couple of days usually to get
the coins into your wallet.

Fastest way is to buy from somebody you know, or go to http://

www.localbitcoins.com

On this site you will find people in your area willing to sell you some coins.

Go get the bitcoin now. Just buy as much as youre willing to lose. I started with
$100.

!
Head over to http://www.coinmarketcap.com
!
Just look around.

All the cryptocurrencies are there and the site gets updated very frequently. Just
play around on the site and see if notice anything interesting.

BITCOINMAMBA - 2015

!
!

2) Ways To Spot Which Cryptos To Buy Into

Allright guys this part is awesome.

So when people saw that Bitcoin became popular they saw that a lot of people
made crazy money with it. Buying with $5 and selling at $1200. Imagine if you had
bought 100 coins at $5 each. If you sold at $1200 each you would have had $120k
in bitcoin. Lots of people did that.

!
People who missed out wanted to enjoy that kind of growth aswell.
!
So what some of them did, they started their own cryptocurrencies.
!

They have much smaller user bases and basically no adoption, but their prices
fluctuate wildly. Some people say that a year in the stock trading world is like a
week in cryptos.

I would even say a day. You sometimes see prices growing 200% or more in a day.

You also get big losses. Imagine losing 90% of value in a day. It happens in the
crypto world.

!
All right, lets check out where to find info on different cryptos!
!
Go to http://www.coinmarketcap.com if you dont have it open yet
!
You will see a huge list of different cryptos.
!

TIP: If you click View All or Next 100, you will see a lot more cryptos ;)

So what do we have here.

BITCOINMAMBA - 2015

10

!
!
!
!

First you have the #. They are organised by market cap. It just means what is the
total value of the currency. It is calculated by (Price x Available supply)

Price is just current price of 1.0 units of the cryptos (You can actually buy
1,34211 etc You dont need to buy or sell exact amounts!)

Next we got Available Supply. Thats the total number of the coins. This number
usually rises, because the number of coins goes up when the coins are active. To
get new coins there must be miners. If a coins available supply goes up it means
that there are miners and the coin is active.

!
Volume (24h) is the total volume of trades on these currencies in last 24h
!

Now the interesting part. (% Change 24h). This shows us how the currency has
changed in price in last 24h.

Price graph shows the graph for 7 days.

Click on the price graph. You can now see different time lengths on the coins. This
will give you insights on how the coins are doing.

!
What you need to do now is
!
You have to go through different currencies.
!
Look at how the prices have been doing.
!

Has the price has been lowering for a long time?

Has the price been stable and it has just now today started to rise quickly?

!
What youre looking for are coins that are likely to go for a fast rise.
!

What I advice you to do is click on the names of the coins and you will be directed
to the websites of the coins.

!
The coins with nice websites and communities are more likely to go up in price.
!
Also you can just follow different patterns on the prices.

BITCOINMAMBA - 2015

11

!
Just start with a small amount at the beginning to get used to it.
!
If you trade a bit you will get the hang of it and you can start making nice profits.
!
!
Allright lets go to the next part!
!

BITCOINMAMBA - 2015

12

!
!

3) Where & How To Trade Them

Allright time to start trading.

There are different trading platforms, but the best one for the beginning is cryptsy.

!
Click here right now to create an account right now in 1 minute!
!
Once youre signed up, we need to make a deposit of BTC from your bitcoin wallet.
!
Choose Balances from the Menu.
!
!

!
Next step:
!
Click Deposit BTC
!
!
!
!
!
!
!
!
!
!
!
!
!
!
BITCOINMAMBA - 2015

13

!
!

Now You need to copy the bitcoin address and send your bitcoin to this address
from your wallet. Do it and we are ready to get started trading.

!
If youre having trouble, just look for how to send bitcoin in your wallet provider.
!
Ok so how do we execute a trade in cryptsy to buy or sell different cryptos?
!
Go back to the Balances list
!
Lets say we want to buy Dogecoins because you believe it will go up in price.
!
Hit Dogecoin in the list.
!
Now hit Go to DOGE/BTC Market
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
Now youre at the DOGE/BTC screen.
!
You will see real time price charts and you can create orders here.
!
In order for you to be able to buy them, someone else has to sell them. And the
other way around.

!
Ok here enter the amount of DOGE you want to buy.
!
BITCOINMAMBA - 2015

14

!
!
!

You can leave the price the same but you can play with it as well, see if you can
buy them for cheaper.

Lets just change the Amount for now. Insert a number of how many you want to
buy.

!
!
!
!
!
!

!
When you have inserted the amount, now hit Submit Buy Order
!
!
!
!
!
!
!
!
!
!
!
!
!

Once you have submitted the order we have to wait until someone sells you the
coins. Once you have made the purchase it will give you a confirmation message
and you will have the Dogecoins in your account!

Now you have to make sure you trade them back to BTC when you think the price is
not going to rise anymore. That can be like 2 hours, 2 days or 2 weeks or whatever.

Just keep your eyes on the prices of coins.

BITCOINMAMBA - 2015

15

!
!
!
I recommend checking the prices all the time.
!
Also

A good source of information is http:www.bitcointalk.org

!
Just browse the forums for info.
!
Best 2 subforums for info on new alt coins and good coins that start going up are:
!
Bitcoin Forum>Alternate cryptocurrencies>Announcements (Altcoins)
&
Bitcoin Forum>Alternate cryptocurrencies>Altcoin Discussion

Also check reddit for cryptos and altcoins! ( altcoin is another term used for a
cryptocurrency that is not bitcoin, comes from the word alternative coin.

This is GOLD! You will get so much good info on which coins are about to blow up
and which ones to avoid!

Check them out and find good tips on where to invest ;)

Remember This stuff changes really fast.. So always look for info on where to
invest. Combinate the forums and the graphs from coinmarketcap.com and you will
be bound to find some great ROI on altcoins.

!
!
!
!

Extra Tips

If you want to change your BTC into USD or EUR , then use the same exchange you
bought the BTC from, or just find somebody from localbitcoins.com or sell to a
friend who wants to buy them.

BITCOINMAMBA - 2015

16

Again, do not risk too much money. Risk only the amount you can lose. Dont be
selling your house and buying dogecoins. Might go up 5x some time but sure as
hell might lose everything as well.

Keep a calm head and whats the most important thing. Have Fun ;)

!
!
Liked this WSO? If you feel you got some
good advice from the guide, or you feel like it
opened your mind to something new, then I
would appreciate a review for my WSO.

If you have
questions, be sure
to PM on
Warriorforum ;)

Leave a review on my WSO thread for this

product.

!
!
!
!

Thanks and have fun and enjoy the profits!

MeelisM

PS!
FOR THE FREE BONUS CLICK HERE!
Sign up for the e-mail newsletter, click the
confirmation link in the confirmation email and look in your inbox! Your free
bonus will be there ;)

BITCOINMAMBA - 2015

17