Our Children's Conversation: About Roses.

Fren and Larraine are having a conversation about their shoes.  How their feet have grown so fast.

Fren then says, "Ate Larraine, Before we were rich back then right? We need to accept the fact that God lectured us and we need to learn a lesson".

Larraine then smiled and said, "We are still blessed, not only rich. We are blessed in Christ. Blessing is not only material things. Also being happy in everything".

Fren then said, "How about when daddy give us roses? I won't be happy with that. I always tell dad that roses are for girls".

Larraine said, "It's just one of dad's kadukuness.  You also have to accept that fact like what you're saying".

Fren exclaims. "NO WAY!".

----

The above conversation was relayed to me by Rhoda, my wife.  Our son, Frenfren, was complaining about me always giving "Roses" to them.  It's not literally.  In our family, Fren's roses are more aromatic.  Yet, he's complaining about mine.
Do you understand what we're talking about?

Esta.  Keep Smiling 

Should you buy bitcoins? Is Bitcoin a wise investment?

Why Bitcoin and Bitclub Network?

Why Bitcoin?

Hmmm, well...why not?!  Everytime I introduce the bitcoin technology to family, friends, and colleagues.  I get the "why".  It's the new digital money that's coming up through the internet.   

I invest in Bitcoin because it is easy to use and it's value is higher than any fiat currency in the world.  It's easy to send Bitcoin to my wife or children from my digital wallet to theirs.  

The fees are incredibly low unlike Western Union, Paypal, Pinoy Express, or bank wire.  I'm able to send small amounts of US dollars in Bitcoin and not pay extravagant fees. You can't send $3 USD on Western Union without paying the $6 or higher fee.  It's not worth the trouble if the fee is higher than the small amount your sending.  Then the Philippine government will want their tax on my money that I send my wife.  So I'm getting hit with a user fee on the sending side, and a tax on the receiver side.  

What's the difference with investing in just buying Bitcoin and Bitcoin mining?  

Well, you can invest in Bitcoin by exchanging it with your fiat currency.  Let's say you want to exchange $3,500 USD to Bitcoin.  With today's rate at 1 Bitcoin to $667.74 (Coinbase).  You'll get 5.2494 BTC in exchange.  If you just invested that dollars to bitcoin.  Then that's what you'll have.  You're bitcoin value will fluctuate in your digital wallet with the US dollar.  Like stocks...the value goes up or down depending on the market.  

Now if you invest in mining bitcoins through a mining pool with BitClub Network (BCN).  You first have to become a member.  The only way to do that, is to get sponsored by a member of BCN.  You can't just go to the website and apply to be a member.  There is an affordable membership fee of $99 USD.  You cannot pay in fiat currency.  You will have to pay for your membership and mining pool shares with Bitcoin.  

A $3,500 USD investment will allow you to become a Founder with the company.  You'll be able to invest into 3 mining pools of different values for 600 days on each mining contract share.  

How do I change fiat currency to bitcoin?   

Okay, you'll need a digital wallet.  There are hundreds of digital wallets out there.  Here are some of the ones that I use:  

• Circle
• Coinbase
• Xapo
• Blockchain
• Coins PH
• Coins Jar

Get the wallet for your region or country.  For Guam and USA, you can use Circle or Coinbase.  I use both.  But now I prefer Circle.  It's more user friendly and not a "Know Your Customer" platform.  While Coinbase is a KYC.  When I'm in the Philippines, I use my Coins PH wallet.  It's the BEST wallet out there.  My wife uses her Coins PH wallet to pay most of our bills from the comfort of our home.  Which saves us travel funds.  

Now that you've chosen your digital wallet.  Start using it by syncing the wallet to your checking account or your debit card.  Never use your bank savings account to sync to your digital wallet.  Once you're able to sync your wallet.  Buy bitcoin using your checking account or debit card.  For some new users to the digital wallet, you'll be limited for a time until you are verified by the exchange that manages your wallet.  Your limits will go up depending on the usage and level of verification.  Don't stress over it.  Just buy Bitcoin based on what you're comfortable in purchasing with your fiat currency.  Note:  You'll want to pad or add to your buying bitcoin due to the bank's conversion fee and then the digital wallets transfer fee. Go ahead and make your first Bitcoin purchase.

Now you'll have to decide if your just going to buy bitcoins and hold it.  Or, if you're going to mine bitcoins and let it ride.  
Let's go with the 10 year plan for both option scenarios.  

Initial Purchase Option 1:

If you just buy $3,500 USD in Bitcoins.  Your exchange will be 5.2494 BTC for your investment at today's rate of $667.74 USD.  

Bitcoin experts say that Bitcoin will be $10,000 USD within the next 10 years.  That's very conservative.  So in 10 years time, your investment will become $52,494.  You didn't do anything but held on to your initial purchase of 5.2494 BTC.  

Mining Option 2:

Let's say with the mining option, you decided to accept my invitation to join BitClub Network.  You paid for one time membership fee of $99 USD and invested $3,500 USD into the Founder package.  Which gets you 3 mining pools for 600 days of mining.   

(I'm going to use my own experiences here:  Since July 2015...I've earned 5 Bitcoin for 1 year).   


So in 10 years, just using the 5 BTC/1 Year.  You earned 50 BTC from your mining investment.  Again, if we use what the industry experts say bitcoin will be worth in value within the next 10 years at $10,000 USD.  You're 50 BTC will be worth $500,000 USD.  That's still very conservative.  

So now that you've seen both options 1 and 2.  Which investment do you feel comfortable in getting started?

The above averages and formula was based on my own experiences with my 3 mining pools, sharing the investment with 4 people and earning percentages from their initial shares and repurchases.  There are other market factors involved that will fluctuate the value of BTC.  Your individual investment and future market, mining, and arbitrage factors will determine your BTC earnings and value.  There is no guarantee that the above example will happen to you.  

Final Thought: 

I enjoy my investment with Bitclub Network for the following reasons: 

• One time membership fee of $99 USD.  
• No Annual dues. 
• No Back Office fees.
• No Monthly Autoship.
• No Attrition. 
• Affordable investments into the 3 mining pools, Arbitrage, and Merchant Services Platforms.

We're not just a mining company anymore.     

If you have any questions on how to get started.  Please do not hesitate to ask me.   
 

ESTA...Keep Smiling  :)