The new financial tools we cover here aren't just being utilized by heavyweight cryptocurrency traders - when an ICO has completed, smart company founders are playing their cards differently now too, so we spoke with some of them to learn their new game plan. We're going to reveal the strategy of the top projects today. so take notes.
First you need to change how you think - if to you a "loan" is something for a person or company short on funds, you're very wrong. Truth is, the wealthy LOVE them, and the smart ways they use them to gain an advantage.
Its about creating a combination of factors that leave your funds both protected and growing - and your company will be in a much stronger position once you do.
The advantages:
Now, those situations should be handled differently.
If you associate the word 'loan' with someone who needs money because they don't have any - stop.
Starting at the point where the ICO has completed, the company is either now funding a launch, or in some cases the product itself. Either way, there's a lot of bills that will need to be paid in order for the project to take the next step.
Smart company founders have figured out - don't sell that crypto raised in their token sale, they can get the cash on hand they need without giving up ownership of their coins.
Here's how things worked out for a project I was recently an adviser on, the founder explains:
"BTC was trading around $4800 at the time our ICO ended, but it was slowly rising. So instead of selling the BTC for the money needed to pay our engineers, patent lawyers, and marketing team, I took this money out as a loan.
The 26 BTC I deposited with the lender was worth $124k at the time. I was given a loan for 90% of it's value.
I set the loan duration for 7 weeks - and by the time it was over, BTC was over $7500! If I had sold my BTC for Fiat I would have missed out on that $2700 per BTC gain! In this case that totaled $70,000.
Thank god I didn't sell that Bitcoin! I just paid back the loans, and the BTC was returned to my wallet.
Now we have $70,000 in company funds we didn't before - and our investors love me."
► Tax Free Funds...
Funds received through a loan are tax free. This could vary from country to country, but in the US, the Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.|
This is a trick the wealthy have used for decades, and cryptocurrency opens it up to everyone.
► Where To Begin...
If you're based outside of the USA we currently recommend YouHodler.
We've also acquired this promotional code (which at the time of writing this is verified and working) - VHKTB2YIGYSHYLVQ - enter this when you join and this will lock in the best rates, and give you a few extra days on your loan if you wish to use them.
If you're in the US, we recommend BlockFi.
Part 2: Growing your remaining funds...
Any excess funds you don't need to spend yet shouldn't just sit around - they can and should be increasing in value!
The old way of thinking was company simply letting their investors know the remaining funds have been placed into cold storage, so it's safe... but it's not working to strengthen the company.
Smart projects are splitting these remaining funds between two tools that will get these funds growing!
► Earning Interest...
Any interest earned is on top of any gains the market makes! So if BTC goes up 5% in value, and your BTC is earning 6% interest - the company will see an 11% gain!
Unlike a CD from a bank, you're free to pull your money out whenever you want. So, it's basically a wallet that pays you while your crypto sits in it.
We recommend BlockFi's interest earning program.
► Crypto Funds with High Returns...|
This blockchain investment fund runs on risk management procedures to ensure an overall positive return, and so far it's worked.
Those who have put their money in have been very pleased with the results. Monthly returns in 2019 have ranged from 13% to 30% - yes, per month!
Create your free wallet at Amfexi then read more inside about how it works. It's about as simple as it gets - deposit crypto, watch it grow.
They only get paid a percentage of the profits, so you know they're motivated to earn for you!
Good luck!
-------First you need to change how you think - if to you a "loan" is something for a person or company short on funds, you're very wrong. Truth is, the wealthy LOVE them, and the smart ways they use them to gain an advantage.
Its about creating a combination of factors that leave your funds both protected and growing - and your company will be in a much stronger position once you do.
The advantages:
- Get the spendable funds you need, WITHOUT SELLING the crypto you just raised.
- Legally pay NO TAXES on the funds you do withdraw.
- Earn interest and GROW any crypto you don't need to spend yet.
- Use HIGH-RETURN funds, where you only pay the fund managers if you profit.
The end result: a start-up equipped with the resources they need for long term success!
Now, those situations should be handled differently.
✔ Keep your crypto, still get immediate cash...
If you associate the word 'loan' with someone who needs money because they don't have any - stop.
Starting at the point where the ICO has completed, the company is either now funding a launch, or in some cases the product itself. Either way, there's a lot of bills that will need to be paid in order for the project to take the next step.
Smart company founders have figured out - don't sell that crypto raised in their token sale, they can get the cash on hand they need without giving up ownership of their coins.
Here's how things worked out for a project I was recently an adviser on, the founder explains:
"BTC was trading around $4800 at the time our ICO ended, but it was slowly rising. So instead of selling the BTC for the money needed to pay our engineers, patent lawyers, and marketing team, I took this money out as a loan.
The 26 BTC I deposited with the lender was worth $124k at the time. I was given a loan for 90% of it's value.
I set the loan duration for 7 weeks - and by the time it was over, BTC was over $7500! If I had sold my BTC for Fiat I would have missed out on that $2700 per BTC gain! In this case that totaled $70,000.
Thank god I didn't sell that Bitcoin! I just paid back the loans, and the BTC was returned to my wallet.
Now we have $70,000 in company funds we didn't before - and our investors love me."
► Tax Free Funds...
Funds received through a loan are tax free. This could vary from country to country, but in the US, the Internal Revenue Service treats crypto money as a capital asset like stocks or property, not as a currency.|
This is a trick the wealthy have used for decades, and cryptocurrency opens it up to everyone.
► Where To Begin...
If you're based outside of the USA we currently recommend YouHodler.
We've also acquired this promotional code (which at the time of writing this is verified and working) - VHKTB2YIGYSHYLVQ - enter this when you join and this will lock in the best rates, and give you a few extra days on your loan if you wish to use them.
If you're in the US, we recommend BlockFi.
Part 2: Growing your remaining funds...
Any excess funds you don't need to spend yet shouldn't just sit around - they can and should be increasing in value!
The old way of thinking was company simply letting their investors know the remaining funds have been placed into cold storage, so it's safe... but it's not working to strengthen the company.
Smart projects are splitting these remaining funds between two tools that will get these funds growing!
► Earning Interest...
Any interest earned is on top of any gains the market makes! So if BTC goes up 5% in value, and your BTC is earning 6% interest - the company will see an 11% gain!
Unlike a CD from a bank, you're free to pull your money out whenever you want. So, it's basically a wallet that pays you while your crypto sits in it.
We recommend BlockFi's interest earning program.
► Crypto Funds with High Returns...|
This blockchain investment fund runs on risk management procedures to ensure an overall positive return, and so far it's worked.
Those who have put their money in have been very pleased with the results. Monthly returns in 2019 have ranged from 13% to 30% - yes, per month!
Create your free wallet at Amfexi then read more inside about how it works. It's about as simple as it gets - deposit crypto, watch it grow.
They only get paid a percentage of the profits, so you know they're motivated to earn for you!
Good luck!
Corad Sirril
Switzerland News Desk
CryptocurrencyLoans
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