The Rise of Bitcoin (Bitcoin Trader)

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Special Report 15 February 2018

The Rise of Bitcoin

Exploring how the little cryptocurrency that could, became one of the world’s most sought after investments.

In May 2010, a man named Laszlo Hanyecz became the first person to use Bitcoin in a real world financial transaction. He offered 10 000 BTC to anyone willing to order him a pizza. Someone obliged and received their payment. In 2010 those 10 000 BTC were worth around $0.0025. In 2018, they would be worth nearly $110 million.

In July of the same year a man named Gavin Andresen created the Bitcoin Faucet, a website that gave out free Bitcoin. In the early stages this site gave out 5 BTC per visitor, in 2010 this was worth around 1 US cent. Today it would be worth over $50 000. If these stories show you anything, it’s that no one really knew just how enormous Bitcoin would be become in just 8 years.

Famous people who invested in Bitcoin

These days everyone from Paypal founder and billionaire venture capitalist Peter Thiel to Virgin founder Sir Richard Branson, and the  infamous Winklevoss twins have invested in Bitcoin. In fact, the Winklevoss twins became the world's first Bitcoin billionaires in December 2017. Richard Branson is now accepting Bitcoin as payments for Virgins upcoming space flights. Along with those who have always been believers, those in the financial sector who doubted are starting to come around. JPMorgan Chase & Co CEO, Jamie Dimon, even admitted “I regret making comments saying Bitcoin is a fraud…” in an interview with Fox News earlier this year.

What was behind Bitcoin’s rise in 2017?

Bitcoins value increased nearly 2000% in 2017

Bitcoins value increased nearly 2000% in 2017, going from just under $1000 a coin on January 1st 2017 to nearly $20 000 on December 16th of the same year. It’s difficult to pinpoint why exactly Bitcoin exploded in the latter half of 2017, but there are a few theories.

Firstly, Donald Trump's unlikely election drove people towards decentralized digital currencies due to his threats to tax money transfers from the USA to Mexico.

Economic and political uncertainty seemed rife in the last year which is why people started investing in Bitcoin, as their own currencies start to drop in value, Bitcoin only continues to rise. People buy Bitcoin for security, as a way to store their money away from the prying hands of their governments and banks.

Another factor was Japan accepting Bitcoin as a legal currency, a move their retail giants put their weight behind. For a long time now Japan has been seen an as an arbiter of technological change. So having them accept a digital currency as real payment seems to indicate that other large economies may follow the tech meccas lead.

Why should you invest in Bitcoin?

If its meteoric rise isn’t enough for you, or if you have been put off by its fluctuations in price, all you need to do is read the two stories at the top of this very article. What happens to Bitcoin non-believers is that they get left behind. You don’t want to be left behind. It is definitely not too late to get in on the investment opportunity of the decade. In fact the lower value can be considered a good thing as it means you can buy at a much lower price than you would have been able to even a month ago and then ride the wave all the way to the top when Bitcoins value starts soaring again.

What can you buy with Bitcoin

If all that is not enough to convince you, how about the fact that more and more companies are starting to accept Bitcoin as payment. Everyone from Lamborghini to Microsoft now let you pay for their products in Bitcoin. It’s not just large corporations either, you can get everything from ice-cream to craft beer, and even donate to charity, using Bitcoin. There are Bitcoin debit cards and ATMs, and for a little side of irony with your currency you can even print out special Bitcoin “notes” that contain all the information needed to make a transaction. The possibilities are endless and this is just the beginning.

Trading with Bitcoin Trader Code

Trading Bitcoin is the best way to capitalise on its popularity without being constantly buffeted around by the waves of value changes. Bitcoin Trader is the best way to Trade Bitcoin without actually having to buy it. As soon as you sign-up you will be connected with one of their registered brokers who will make sure you get FREE access to the trading platform.

Its unique algorithm calculates the exact right time to enter the market and make a trade. It has a whopping 99.4% success rate. That means that is makes bad trades less than 1% of the time. You will start seeing results almost immediately. With this software you can earn over $13,000 in just 24 hours. Thats over $500 an hour.

To start trading all you need to do is:

  1. Register at bitcointradercode.com: Enter your full name, email address and phone number. After that choose a password you will remember and click “sign up”
  2. Connect to broker: You will be connected to a registered broker who will handle your money for you and make sure you can withdraw your profits
  3. Deposit: Make your initial deposit of $250
  4. Trade: Start trading immediately

Looking to trade Bitcoin. There is no easier way to do it than with Bitcoin

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The Rise of Bitcoin (Bitcoin Code)

FEATURED    HOT    TRENDING

Special Report 15 February 2018

The Rise of Bitcoin

Exploring how the little cryptocurrency that could, became one of the world’s most sought after investments.

In May 2010, a man named Laszlo Hanyecz became the first person to use Bitcoin in a real world financial transaction. He offered 10 000 BTC to anyone willing to order him a pizza. Someone obliged and received their payment. In 2010 those 10 000 BTC were worth around $0.0025. In 2018, they would be worth nearly $110 million.

In July of the same year a man named Gavin Andresen created the Bitcoin Faucet, a website that gave out free Bitcoin. In the early stages this site gave out 5 BTC per visitor, in 2010 this was worth around 1 US cent. Today it would be worth over $50 000. If these stories show you anything, it’s that no one really knew just how enormous Bitcoin would be become in just 8 years.

Famous people who invested in Bitcoin

These days everyone from Paypal founder and billionaire venture capitalist Peter Thiel to Virgin founder Sir Richard Branson, and the  infamous Winklevoss twins have invested in Bitcoin. In fact, the Winklevoss twins became the world's first Bitcoin billionaires in December 2017. Richard Branson is now accepting Bitcoin as payments for Virgins upcoming space flights. Along with those who have always been believers, those in the financial sector who doubted are starting to come around. JPMorgan Chase & Co CEO, Jamie Dimon, even admitted “I regret making comments saying Bitcoin is a fraud…” in an interview with Fox News earlier this year.

What was behind Bitcoin’s rise in 2017?

Bitcoins value increased nearly 2000% in 2017

Bitcoins value increased nearly 2000% in 2017, going from just under $1000 a coin on January 1st 2017 to nearly $20 000 on December 16th of the same year. It’s difficult to pinpoint why exactly Bitcoin exploded in the latter half of 2017, but there are a few theories.

Firstly, Donald Trump's unlikely election drove people towards decentralized digital currencies due to his threats to tax money transfers from the USA to Mexico.

Economic and political uncertainty seemed rife in the last year which is why people started investing in Bitcoin, as their own currencies start to drop in value, Bitcoin only continues to rise. People buy Bitcoin for security, as a way to store their money away from the prying hands of their governments and banks.

Another factor was Japan accepting Bitcoin as a legal currency, a move their retail giants put their weight behind. For a long time now Japan has been seen an as an arbiter of technological change. So having them accept a digital currency as real payment seems to indicate that other large economies may follow the tech meccas lead.

Why should you invest in Bitcoin?

If its meteoric rise isn’t enough for you, or if you have been put off by its fluctuations in price, all you need to do is read the two stories at the top of this very article. What happens to Bitcoin non-believers is that they get left behind. You don’t want to be left behind. It is definitely not too late to get in on the investment opportunity of the decade. In fact the lower value can be considered a good thing as it means you can buy at a much lower price than you would have been able to even a month ago and then ride the wave all the way to the top when Bitcoins value starts soaring again.  

What can you buy with Bitcoin

If all that is not enough to convince you, how about the fact that more and more companies are starting to accept Bitcoin as payment. Everyone from Lamborghini to Microsoft now let you pay for their products in Bitcoin. It’s not just large corporations either, you can get everything from ice-cream to craft beer, and even donate to charity, using Bitcoin. There are Bitcoin debit cards and ATMs, and for a little side of irony with your currency you can even print out special Bitcoin “notes” that contain all the information needed to make a transaction. The possibilities are endless and this is just the beginning.

Trading with Bitcoin Code

Trading Bitcoin is the best way to capitalise on its popularity without being constantly buffeted around by the waves of value changes. Bitcoin Code is the best way to Trade Bitcoin without actually having to buy it. As soon as you sign-up you will be connected with one of their registered brokers who will make sure you get FREE access to the trading platform.

Its unique algorithm calculates the exact right time to enter the market and make a trade. It has a whopping 99.4% success rate. That means that is makes bad trades less than 1% of the time. You will start seeing results almost immediately. With this software you can earn over $13,000 in just 24 hours. Thats over $500 an hour.

To start trading all you need to do is:

1 Register at bitcoinco.de:

Enter your full name, email address and phone number. After that choose a password you will remember and click “sign up”

2 Connect to broker

You will be connected to a registered broker who will handle your money for you and make sure you can withdraw your profits

3 Deposit

Make your initial deposit of $250

4 Trade

Start trading immediately

 Looking to trade Bitcoin. There is no easier way to do it than with Bitcoin Code

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Where to Safely Trade Bitcoin in SA

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Special Report 1 February 2018

A Safe Way to Trade Bitcoin Has Arrived in SA!

Cameron Winklevoss and Tyler Winklevoss.

The Winkelvoss Twins - famous for their lawsuit against Facebook founder Mark Zuckerberg - bought 120,000 Bitcoins in 2011. In that year, Bitcoin was worth $10. Needless to say, they became the laughing stock of the tech industry. Fast forward to 2017 when their holding grew to over $1 billion, making them the first Bitcoin billionaires. Who’s laughing now?

Founders Fund, the venture capital firm co-founded by Peter Thiel, bought between $15 million and $20 million in Bitcoin. It’s now worth over hundreds of millions of dollars. “Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative,” Thiel said at the time.

Meanwhile in South Africa

This is just the tip of the iceberg when you consider Bitcoin’s impact globally.

Closer to home, Bitcoin and cryptocurrency interests have surged. A survey concluded that Bitcoin was the most popular cryptocurrency in South Africa, closely followed by Ethereum. 89.94% of respondents own Bitcoin with nearly half of these people investing R5,000 or less.

Bitcoin Price - Jan 2017 to Dec 2017

1 Bitcoin was worth about $1,000 in January 2017. According to this graph, if you were wise enough to invest in two Bitcoins during this time, it would be worth $36,000 by the end of 2017. Last year, it outshone every conventional investment and will continue to do so in 2018 and beyond. Perhaps it's time to stake your claim in Bitcoin?

Bitcoin goes mainstream in SA

Online retail giants Takealot.com, Superbalist and Bidorbuy all now accept Bitcoin, as do smaller local online enterprises such as Cape Coffee Beans. South African clothing brands Earth Child and Naartjie are accepting Bitcoin, as do well-known technology repair chain weFix.

The Red and Yellow Creative School of Business started accepting Bitcoin as payment for their courses, and the University of Cape Town is now offering a course in Fintech; aimed at exploring the possibilities of online currency and blockchain technology.

Do we need further proof that Bitcoin is making major inroads in South Africa?

Why do South Africans have such a high interest in Bitcoin?

Unlike the common currency, Bitcoin is completely decentralised, meaning that its value is not harmed by our heightened political pressure. This is why thousands of South Africans are embracing it. It’s also easy and free to transfer from person to person, and is not regulated by a central agency - like a bank - but rather through a virtually impenetrable ledger called a blockchain. This makes it safer and easier to use than most fiat currencies.

If you bought R61 worth of Bitcoin 7 years ago, you’d be R54 million richer today!

Bitcoin is the future of currency, and according to Google analytics, South Africa is one of the top 5 countries with an interest right now. Bitcoin has averaged annualised gains of over 400% since July 2010. There’s a Bitcoin frenzy in South Africa and everyone wants a piece.

Why you should only trade with a regulated broker

Simply put, it’s for your protection.

The regulator is there to protect the trader from the broker in the event that they do anything that harms or defrauds the trader. Trading with a regulated broker means more protection for your investment.

Trading with IQ Option

IQ Option is an award winning broker recognised as  the “Best Technology Application” by The Web Marketing Association and the “Best Binary Options Broker, Europe 2015” by Global Banking and Finance Review.

The platform has expanded massively since its inception in 2013, with over 17 million members worldwide.

They don’t just provide you with a platform, but will help you better understand all your trading options as well. When you sign up, you get the option to start trading on a demo account before you trade with real funds. They also have blog posts and tutorial videos to help you maximise your trading.

Along with their online software they offer IOS and Android apps so you trade from anywhere.

Start trading Bitcoin and don’t miss the next round of unbelievable market growth.

Enter your email address here to claim your free IQ Option account

1 Go to IQ Option

2 Enter your details

Including full name, email address and password of your choosing  to create your account.

3 Fund your account

4 Select Bitcoin as your chosen currency

5 Start trading!

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

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ZA Millionaire Forex Trader

Special Report 20 July 2017

Asanda Bhele: How a Christmas bonus secured his financial future

South African forex trading success
Asanda trading forex on his laptop

Community members of Naledi, Soweto were well aware of Asanda Bhele’s innate entrepreneurial abilities and had no doubt that he’d achieve great things. What they did not foresee was that the 25-year-old would become a millionaire through Forex.

Currently touring Europe, Bhele says he was always looking for ways to support his family, and not turn to a life of crime. “Most families in this area struggle, and I’ve seen friends do just about ANYTHING to make a quick buck. I wanted to make an honest living because that’s how my mom and grandmother raised me.” This included odd jobs in factories throughout Johannesburg and working as a security guard.

Tale as old as time

Asanda Bhele’s story is a typical ‘rags to riches’ tale. Born and raised by a single mother in Naledi, Soweto, Bhele is the oldest of three kids. To say he and his sisters struggled is an understatement.

Realising that she was unable to provide for her children, Bhele’s mom, Kuhle, decided to take up work as a live-in domestic worker in Sandton. Asanda and his siblings moved in with their grandmother, and subsequently took on the role of breadwinner.

His teachers recall that he was a smart kid, who had easy money-making abilities. While he was a happy kid, he and his siblings were often teased because they hardly had money for school lunch or new school shoes. “My mom would send money home for groceries but we never had new school uniforms. It was all ‘hand-me-downs’ from older cousins. I felt it was my duty to look out for them.”

Forex Trading South Africa
Asanda thinking about his success

After school, Bhele would help out in the spaza shop, eventually selling treats to those at school. This operation was shut down immediately by the school’s headmaster because he didn't have a permit to sell on school property. Not deterred by the setback, Bhele continued to make money, working at a local car wash and barber.

Time for a change

After Matric, he worked full-time in a factory while a few of his friends would attend university. “At that point, university wasn’t an option for me. My grandmother was old and sick and someone needed to look after my sisters.” He was an unskilled worker, meaning he didn’t earn as much as others. “There wasn’t any stability and I needed to make a change.”

While thinking about his future, he overheard a few of his colleagues discussing Forex and the amount of money that could be made. Intrigued, Bhele researched Forex trading.

Christmas bonus

After researching and reading, sometimes until the wee hours of the morning, he was waiting for the right time to invest. During December, Bhele, along with the rest of the factory workers, received hefty bonuses; perhaps a signal from the universe. “I was waiting for a sign and there it was, in the form of a bonus. I kept listing pros and cons but I was itching and ready to invest.”

An avid Math lover, Bhele admits it was a calculated move and a risk but soon enough, he found success.

A bright future

Asanda show's his secretary his successful forex trades.

He has managed to save enough for his siblings’ education and surprised his mom with the news. “I told her she can come home…to her new home.” He also flew his sisters to Europe, where they are currently enjoying a much-needed break before he returns home to think of his new venture. “I’m ready to start my own small business but will continue to trade in my spare time.”

The Forex market is unique and experienced huge trading volumes; non-stop from Beijing to London and New York, with over US$4-trillion changing hands each day. Bhele admits that it’s risky but with the right training and mindset, you can be successful too.

 

Anyone can learn how to trade forex online

Asanda is quick to point out that in a country with such a high unemployment rate, we should be doing more to educate and empower young people, teaching them the skills to make a living.

Learn to Trade, a globally-renowned trading education company headed by professional trader Greg Secker, is touring South Africa to do just that.

Headquartered in London with trading floors and offices in major markets around the world, the Learn to Trade organisation has brought international trading techniques to South Africa through a series of free forex workshops.

Tickets are available free to the public but offered on a first-come, first-served basis, as space is extremely limited.

For more information or to book tickets to workshops in Sandton, Pretoria, Cape Town, Durban, visit www.learntotradeforex.co.za.

Claim your free seat now

 

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The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

Subscribe

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Philippines Millionaire FX Trader

Special Report 30 June 2017

Unskilled Construction Worker Beats Low-Income Background To Earn 6 Figures a Year From His Bedroom

Learn to Trade Forex Philippines
Armando reflects on his success

Born in Pasay in Metro Manila and coming from the humblest of beginnings, Armando Santos was raised in a family of six, where education was the only luxury they could afford, which didn’t leave them with much money for anything else.

After leaving high school, and with an urgent need to support his parents and younger siblings, his only hope was to find a job and try to get by.

"I worked tirelessly as an unskilled construction worker for 2 really tough years, after having to find employment quite quickly to help my mother and father. As months went by, it became more and more difficult to cover my costs, as the cost of living increased, while my wages stayed the same," he explains.

Armando checks the FX in the morning newspaper

Throughout it all, Armando has had a drive to seek out a better life for himself and a family that he hoped to start in the future. He wanted an income that would let him cover his expenses, provide some savings every month, and give him the means to travel outside of the Philippines for the first time.

But with his finances not getting him too far, those dreams seemed almost impossible to reach. Until he came across the idea of trading currencies online on the foreign exchange market. Thousands of Filipinos have started to enter the world of Forex trading over the last few years, as global Forex education seminars have become popular across the islands.

Armando liked the idea as soon as he heard it. "I knew I had to find a new line of work. Or actually, a type of income stream that didn’t depend on me having to have a traditional job that takes years to build up a salary. When I met a friend of the family who introduced me to the world of Forex, I realised that the answer was right in front of me," he explains.

"There were many times that I had to borrow money from friends, just to pay for my small apartment near work. I didn’t think I’d ever be able to change my path in life, but it actually happened. I realised that forex trading was something people could do from anywhere in the world, and that it didn’t take all that much to get started. It was easier than I thought, though it did take a bit of time to learn the right system. I thought it was almost too good to be true, but I read the testimonials and it seemed like people similar to me were finding success with Forex trading. So, I decided to sign up for a free training seminar and give it a try."

That was just 11 months ago. Today, Armando is a well-respected member of his small community, earning a 6-figure US Dollar income a year, working from his bedroom computer while at home and even trading on his phone when travelling.

Armando and his wife sitting happily together

"My life started to change almost immediately, from the first day I signed up for my trading account. I started seeing profitable Forex trades within an hour or two and all of it was happening right in front of me, on my computer screen, without me having to even step out my front door. Now I’m able to support my parents, live in a comfortable home and it still blows my mind when I think about how far I’ve come, and what still lies ahead," says Armando.

"I’ve just booked my first international trip ever, to New York City, to visit Wall Street and look at the guys who are doing exactly what I’m doing. The only difference is that they work for someone else and I don’t! I’ll definitely be trading Forex for the rest of my life. The future is bright."

Anyone can learn how to trade forex online

Shezi is quick to point out that in a country with such a high unemployment rate, we should be doing more to educate and empower young people, teaching them the skills to make a living.

Learn to Trade, a globally-renowned trading education company headed by professional trader Greg Secker, is bringing their Millionaire Trader tour to the Philippines to introduce the world of Forex trading to those who are looking to build a new income for themselves.

Headquartered in London with trading floors and offices in major markets around the world, the Learn to Trade organisation has brought international trading techniques to the Philippines through a series of free Forex seminars across all three islands.

Seminar tickets are available for free to the public but only available on a first-come, first-served basis, as space is extremely limited.

For more information or to book tickets to workshops across Luzon, Visayas and Mindanao, visit www.learntotradeforex.com.ph.

Book your free seat now

 

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Real Time Rates by ExchangeRates.org.uk

About Us

Finance24 brings you the latest business news 24 hours a day 7 days a week.

The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

Subscribe

Receive the latest financial, stock, business news and updates, delivered to your inbox.

Subscribe

Philippines Millionaire Forex Trader

Special Report 30 June 2017

Unskilled Construction Worker Beats Low-Income Background To Earn 6 Figures a Year From His Bedroom

Learn to Trade Forex Philippines
Armando reflects on his success

Born in Pasay in Metro Manila and coming from the humblest of beginnings, Armando Santos was raised in a family of six, where education was the only luxury they could afford, which didn’t leave them with much money for anything else.

After leaving high school, and with an urgent need to support his parents and younger siblings, his only hope was to find a job and try to get by.

"I worked tirelessly as an unskilled construction worker for 2 really tough years, after having to find employment quite quickly to help my mother and father. As months went by, it became more and more difficult to cover my costs, as the cost of living increased, while my wages stayed the same," he explains.

Armando checks the FX in the morning newspaper

Throughout it all, Armando has had a drive to seek out a better life for himself and a family that he hoped to start in the future. He wanted an income that would let him cover his expenses, provide some savings every month, and give him the means to travel outside of the Philippines for the first time.

But with his finances not getting him too far, those dreams seemed almost impossible to reach. Until he came across the idea of trading currencies online on the foreign exchange market. Thousands of Filipinos have started to enter the world of Forex trading over the last few years, as global Forex education seminars have become popular across the islands.

Armando liked the idea as soon as he heard it. "I knew I had to find a new line of work. Or actually, a type of income stream that didn’t depend on me having to have a traditional job that takes years to build up a salary. When I met a friend of the family who introduced me to the world of Forex, I realised that the answer was right in front of me," he explains.

"There were many times that I had to borrow money from friends, just to pay for my small apartment near work. I didn’t think I’d ever be able to change my path in life, but it actually happened. I realised that forex trading was something people could do from anywhere in the world, and that it didn’t take all that much to get started. It was easier than I thought, though it did take a bit of time to learn the right system. I thought it was almost too good to be true, but I read the testimonials and it seemed like people similar to me were finding success with Forex trading. So, I decided to sign up for a free training seminar and give it a try."

That was just 11 months ago. Today, Armando is a well-respected member of his small community, earning a 6-figure US Dollar income a year, working from his bedroom computer while at home and even trading on his phone when travelling.

Armando and his wife sitting happily together

"My life started to change almost immediately, from the first day I signed up for my trading account. I started seeing profitable Forex trades within an hour or two and all of it was happening right in front of me, on my computer screen, without me having to even step out my front door. Now I’m able to support my parents, live in a comfortable home and it still blows my mind when I think about how far I’ve come, and what still lies ahead," says Armando.

"I’ve just booked my first international trip ever, to New York City, to visit Wall Street and look at the guys who are doing exactly what I’m doing. The only difference is that they work for someone else and I don’t! I’ll definitely be trading Forex for the rest of my life. The future is bright."

Anyone can learn how to trade forex online

Armando is quick to point out that in a country with such a high unemployment rate, we should be doing more to educate and empower young people, teaching them the skills to make a living.

Learn to Trade, a globally-renowned trading education company headed by professional trader Greg Secker, is bringing their Millionaire Trader tour to the Philippines to introduce the world of Forex trading to those who are looking to build a new income for themselves.

Headquartered in London with trading floors and offices in major markets around the world, the Learn to Trade organisation has brought international trading techniques to the Philippines through a series of free Forex seminars across all three islands.

Seminar tickets are available for free to the public but only available on a first-come, first-served basis, as space is extremely limited.

For more information or to book tickets to workshops across Luzon, Visayas and Mindanao, visit www.learntotradeforex.com.ph.

Book your free seat now

 

Live Exchange Rates
Real Time Rates by ExchangeRates.org.uk

About Us

Finance24 brings you the latest business news 24 hours a day 7 days a week.

The editorial board of Finance24 consists of diverse analysts, both financial journalists and people with operating experience on the markets and stock exchanges.

Subscribe

Receive the latest financial, stock, business news and updates, delivered to your inbox.

Subscribe

Philippines Forex Millionaire Trader

FEATURED     HOT     TRENDING

Special Report 30 June 2017

Unskilled Construction Worker Beats Low-Income Background To Earn 6 Figures a Year From His Bedroom

Learn to Trade Forex Philippines
Armando reflects on his success

Born in Pasay in Metro Manila and coming from the humblest of beginnings, Armando Santos was raised in a family of six, where education was the only luxury they could afford, which didn’t leave them with much money for anything else.

After leaving high school, and with an urgent need to support his parents and younger siblings, his only hope was to find a job and try to get by.

"I worked tirelessly as an unskilled construction worker for 2 really tough years, after having to find employment quite quickly to help my mother and father. As months went by, it became more and more difficult to cover my costs, as the cost of living increased, while my wages stayed the same," he explains.

Armando checks the FX in the morning newspaper

Throughout it all, Armando has had a drive to seek out a better life for himself and a family that he hoped to start in the future. He wanted an income that would let him cover his expenses, provide some savings every month, and give him the means to travel outside of the Philippines for the first time.

But with his finances not getting him too far, those dreams seemed almost impossible to reach. Until he came across the idea of trading currencies online on the foreign exchange market. Thousands of Filipinos have started to enter the world of Forex trading over the last few years, as global Forex education seminars have become popular across the islands.

Armando liked the idea as soon as he heard it. "I knew I had to find a new line of work. Or actually, a type of income stream that didn’t depend on me having to have a traditional job that takes years to build up a salary. When I met a friend of the family who introduced me to the world of Forex, I realised that the answer was right in front of me," he explains.

"There were many times that I had to borrow money from friends, just to pay for my small apartment near work. I didn’t think I’d ever be able to change my path in life, but it actually happened. I realised that forex trading was something people could do from anywhere in the world, and that it didn’t take all that much to get started. It was easier than I thought, though it did take a bit of time to learn the right system. I thought it was almost too good to be true, but I read the testimonials and it seemed like people similar to me were finding success with Forex trading. So, I decided to sign up for a free training seminar and give it a try."

That was just 11 months ago. Today, Armando is a well-respected member of his small community, earning a 6-figure US Dollar income a year, working from his bedroom computer while at home and even trading on his phone when travelling.

Armando and his wife sitting happily together

"My life started to change almost immediately, from the first day I signed up for my trading account. I started seeing profitable Forex trades within an hour or two and all of it was happening right in front of me, on my computer screen, without me having to even step out my front door. Now I’m able to support my parents, live in a comfortable home and it still blows my mind when I think about how far I’ve come, and what still lies ahead," says Armando.

"I’ve just booked my first international trip ever, to New York City, to visit Wall Street and look at the guys who are doing exactly what I’m doing. The only difference is that they work for someone else and I don’t! I’ll definitely be trading Forex for the rest of my life. The future is bright."

Anyone can learn how to trade forex online

Armando is quick to point out that in a country with such a high unemployment rate, we should be doing more to educate and empower young people, teaching them the skills to make a living.

Learn to Trade, a globally-renowned trading education company headed by professional trader Greg Secker, is bringing their Millionaire Trader tour to the Philippines to introduce the world of Forex trading to those who are looking to build a new income for themselves.

Headquartered in London with trading floors and offices in major markets around the world, the Learn to Trade organisation has brought international trading techniques to the Philippines through a series of free Forex seminars across all three islands.

Seminar tickets are available for free to the public but only available on a first-come, first-served basis, as space is extremely limited.

For more information or to book tickets to workshops across Luzon, Visayas and Mindanao, visit www.learntotradeforex.com.ph.

Book your free seat now

 

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