These cards typically offer people with good credit a 0% interest rate on new purchases for 12 months or more (sometimes up 18 months). You can use this card to buy normal everyday items like gas and groceries. This is exactly how I got started. I then took the money that I normally would have spent on those items and invested those dollars by placing those dollars into my exchange account and allowing the bot to trade those funds. I then used the profits - ONLY THE PROFITS - from the bot trades, to make the payment on my credit card. This made a HUGE difference in my monthly growth.
If you do not have a Discover Card, they usually have a 0% offer. In addition if you use this link, you will get an additional cash bonus that varries, but typically it is an extra $100 statement credit after spending more that $1,000 within your first few months. See Discover's website for details - CLICK HERE to get the extra bonus
Sometimes the credit limit on the intro rate cards are not enough to cover all the expenses, to cover this gap, I use other personal loan option like THIS ONE that gives me fair market personal loan for pretty much anything. CLICK HERE to see if they can help you too. By using this link, both you and I may qualify for a $50 Amazon Gift Card as a bonus offer. See their website for details.
Just run a search on Google or whatever search engine you prefer to find "O% Intro rate Credit Cards." I will add more links here in the future if I find specific offers, but for now, that is the best way to find another one if you already have a Discover Card.
Do not over extend yourself finanically. This process takes time, but it is way faster than the work for 40 years for a 401K plan. I know that plan works well for some, it's just not for me.
My recommendation is to start small (just $1,000 to $5,000). To some people that is actually a lot of money, and if that is you I understand. I started with less than $1,000 but I quickly learned that the bot was costing me more than what I was making with it when trading with less than $1,000 (yes, I started VERY small).
After I started using 0% credit cards and low interest loans to pay for my regular monthly expenses, and started using those funds to invest - EVERYTHING CHANGED! In just 6 months time, not only were my eranings paying for my bot, but I started making more than minimum payments - ALL FROM BOT PROFITS.
That is when I had the light bulb moment. I had created an "Infinate Paycheck." I had learned that I can "stack" my paychecks into the exchange, and each month I made more than the last. Now every dollar I earn goes into the exchange and only bot profits are used for paying bills.
At the time of writing I am almost 4 years into doing this exact process. At the time of writing, I have a couple credit cards at 0%, a couple personal loans at 3% - 7%, and one line of credit at 10%. I use these tools to pay for pretty much everything (you have to use the gray matter between your ears here). All of my earnings go to the bot and I am earning 30% APY and higher returns. I use bot earnings to pay the bills on the credit cards and loans - not my paycheck!
It is not hard math to see how this can work to your advantage as long as this trend continues. These past results are not a guarantee that they will continue, so please do your own research before implementing any of my ideas. Everything I share is accurate to the best of my knowledge, and it is intended to help you learn, but is not in any way intended to be everything you need to know. DO YOUR OWN RESEARCH!
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