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How to make money with Luno

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   Introduction With rise of crypto currencies, it is great to join the game and make some money too. If you do not know what crypto currencies are, start from reading this article I looked critically at trading on exchanges like Binance and i realized that you CAN loose money if the market goes in the opposite direction to your trade. I started looking for a way to earn and not loose at all. I  stumbled on Luno App. It lets you buy a few crypto currencies ( Bitcoin, Bitcoin cash, Ripple, Litecoin, Ethererum and USC).  After playing with it for a while i figure out a way to always gain. I successfully made N12,000 pure profit after two weeks just from one increase in the price of Ripple. The concept These currencies go up and down and some of them can be very erratic in their price movement. The idea is to choose a crypto that is erratic, which means that prices goes up and down sharply within a week or a month. For this, i have chosen Ripple (XRP).  You buy and hold. When the pric

Understanding and making money from Cryptocurrencies

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I first heard about Bitcoin in 2013 and as at that time, the exchange rate to the dollar was more than USD20,000 to 1BTC. Now it just USD662 to 1 BTC. This is just one of the Cryptocurrencies What are Cryptocurrencies? A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. See more here https://www.cryptocoinsnews.com/cryptocurrency/. According to google it is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. "decentralized cryptocurrencies such as bitcoin now provide an outlet for personal wealth that is beyond restriction and confiscation" Why I love them the most is that they are not controlled by