Channel 7 Josh : An 18-year-old has managed to turn 250.00 into over 750000.00 in less than a year thanks to his smart currency trading.
Josh , a college student, says he used to watch a Foreign Exchange Market (also known as Forex) trader showing off his cash on Instagram and reached out for him for some tips. However, the teen was warned that without formal training he wouldn't succeed.
Determined to prove him wrong, Josh watched YouTube videos on trading in foreign currencies online and in just eight months has turned his initial 250.00 investment - which he got from handing out leaflets in a train station - into a whopping 750000.00. Anyone else feeling pretty bloody useless right now?
©photo Channel 7 News - Josh can make thousands in a day
Josh , from West Island , reckons he might be the youngest trader in Cocos Islands .
He says his biggest gains have come following key Bitcoin publications and changes on the British Pound, adding that he buys currencies when they slump, waits until they go up and then flogs them.
Edward is so good at what he does, he's now able to charge clients up to a a pop for his tips. Josh , who lives with dad, David Walker , 54, brother, , 27, and sister, , 25, said:
"I keep up with the news because it makes a massive difference. Right now the pound is very volatile because of Brexit. It's unreliable and is changing all of the time. I have to take an interest because the pound is affected by Brexit and I have been taking advantage. Whenever there are talks or the MPs have a vote, it always makes a difference to the price. When it came to the deadline at the end of March and we knew we wouldn't leave it fell in value.
Same as the Bitcoin at this moment, whenever it changes i have the opportunity to make money out of it. Changes on coins are money in my bank account!
That's when I entered into the trade on the Platform. I bought it when it was low because I knew it would rise again. It did and I sold it for a higher value."
He hopes to spend his cash on a Mercedes A-Class - once he's old enough to drive, that is. And would also like to treat his dad and siblings to a holiday to the US.
©photo Channel 7 News - The teen is saving a cash to buy himself a Mercedes A-Class - once he's old enough to drive
"One night i was watching a documentary on Netflix about how to make money with Online Crypto and CFD Trading. These people where makeing like per day from home. This immedialty got my interest... I swear, that night i even dreamed about it!"
"The next day i was browsing my Facebook feed, and it can't be coincidence, when i saw a post about the . Curisously i clicked on it and did my research."
“It had some excellent reviews from a lot of users, so I felt safer signing up for the system. It is not like those ‘get rich quick’ scams where you have to sell things to make a living. If I did have to sell things I would not have signed up” Josh shared.
©photo Channel 7 News - "That's when I entered into the trade on the Platform" Josh Februari 2019
Using the internet to work from home has become one of the largest worldwide trends and has recently exploded in the Cocos Islands. The is an auto-trading software created by a start-up that teaches you to trade currencies to make money online.
Not only does it teach you, but it also places trades for you based on a sophisticated algorithm automatically. All you have to do is fill out a short form online to get access to the system.
“I was nervous about starting the system. I do not know the computer very well, but they teach you how to do everything you need to know."
After his first two weeks using the system, two deposits arrived in his Paypal account totaling
©photo Channel 7 News - Josh 's secret bank account
"I get such a buzz from it. There is definitely an adrenaline rush when I do it." The teen now spends some of his time helping other people get into trading on the system. I want to help other people do it," he added. "I'm an expert at it and people pay me for signals. I have around 100 clients. Some people are over in Dubai, Spain and Africa.
"I'm going to keep it up for sure. I want to see how far I can take it. I don't have many big plans yet. I'm just doing my thing. "I would want people to realise that trading isn't as risky as they make it. I think investing in something with a lack of knowledge is the biggest gamble."
Josh's dad, David Walker, is, understandably pretty proud of his son's achievements. He said: "I am aware of the fact he is doing it and I think it's fine if that's what he's interested in doing. I fully support him. It's amazing what he is doing, I am proud of what he has done it. I am with him all the way, he's doing great."
Since reading about Josh's story, we sent Oleg Yankovskiy, our very own Channel7 reporter to test and review his experience with the .
Here’s how he got on:
The first step was fairly simple - I entered in some information such as first name, last name, e-mail address and telephone number. After the form was submitted.
I ended up on the dashboard. Everything looked pretty simple, but I was clueless when it came to trading Bitcoin.
The next step was to get on a call with a trusted trader. This is where things really started to make sense. He explained to me that if I had invested $17 into Bitcoin in 2011, it would be worth $295,000.
Then he explained that if the trend is negative, I bet that the share will fall. And visa-versa. It is really that simple.
I was a bit skeptical and didn’t want to invest too much because I didn’t have previous experience. So my trader suggested I start trading with the minimum $250 ().
My trader explained that the average user makes $4,000 () by their 2nd week and usually starts with the minimum investment of $250.
I used my Visa Card to add the money and selected a few coins based off my traders advice.
The app started executing transactions and within hours made profit on 87 out of 93 picks.
With the picks my showed me, I waited only 23 hours and when I came back I already had $700.66 in my account.
I started with only $250 and after less than 2 weeks made $1,280 in a SINGLE DAY! Since then, has helped me make thousands.
Last week I read about how Sweden, Germany, China, Japan and North Korea are adopting their own Crypto currency. At that moment, I knew this was a real financial revolution.
I highly suggest using my rep Mark F. He helped me make this money in just a couple weeks and it changed my life forever, this platform makes it so EASY and I look forward to when Bitcoin hits $50,000.
How to get started:
Step 4: Deposit your initial investment (Minimum $250) into the trading platform. This is needed in order to start trading. The average user makes $4,000 by their 2nd week with their starting investment of $250.
Step 5: You should receive your first payment within a week or so. You can start to have them sent to your Paypal or wire directly into your bank account. Your first payments will be about - per week. It can go up from there depending on how much time you spend on it.
But be quick because the sign up is only open for one more week and the places are filling up fast.
Only 7 spaces available as on
Hurry up, because the offer is limited, the promotion will end on
You could be as lucky as Emma and be the owner of a successful work from home business. It would be almost foolish not to go for it!
is not just a trading platform, we use software to analyze trends. Our traders have access to millions of automated robots that use social media and collect real-time data - messages, images, text, videos and everything that people are publicly saying.
Then we analyze all this data, looking for topics related to Bitcoin and other cryptocurrencies. Once we have a specific topic about a crypto currency that reflects a trend, we analyze whether the trend is positive or negative. If the trend is positive, we bet that the price will rise. If the trend is negative, we bet that the coin will fall. It is really that simple.
Not at all that often. What people say on social media is real, it is there and it is true, so we rarely make mistakes
It depends heavily on the money they invest and the trader they work with. Let us take a general user who starts with $250 and $10 per transaction bet.
Approximately 174 of these transactions will be profitable and 26 loss-making. That means that this user will win around $1,740 and lose $260. That means a profit of $1,480 on a single day. Some small commissions are added by the trader, but this is usually less than 2%.
Has it ever happened that a user has lost his investment?
No, it has never happened that a user has lost his invested capital. Even in the worst cases, profit was always made.
We do not charge for the advice from our Traders, but they charge a small trading fee which is anywhere from 1.7% to 2.5%, depending on the volume of the transaction.