Ever since I started posting about my results on The Plan by Dan Hollings on my Facebook profile, I’ve gotten a lot of questions. So, my goal in this blog post is to give you a comprehensive review of my own experience with it along with some background information you may need to understand what it is exactly.
Let’s Get Started
For your convenience, I’ve created this navigation menu so can easily jump to a specific section of the post based on your understanding of Crypto Technology:
- What Is Crypto and What Are Some of Its Real-World Uses Right Now?
- How Cryptocurrencies Are Gaining Traction
- Real-world Uses of Cryptocurrencies and Blockchain Technology
- Are We Heading Towards Crypto’s Mass Adoption?
- How to Get Started with Crypto?
- How to Make Money With Crypto?
- How Does The Plan by Dan Hollings Work?
What Is Crypto and What Are Some of Its Real-World Uses Right Now?
One idea what we’re talking about today is all about your prosperity and how you can ultimately achieve that for yourself and your family in the crypto revolution that is happening right now.
And I truly believe this which is why I created this comprehensive blog post for you. First, let’s dive into some fundamentals about crypto.
Maybe you’ve read about crypto already. Maybe you’ve heard about it in the news, but you’re not quite sure what it is and what kind of value it will have for the world.
Let’s keep it simple. Crypto is basically digital money, digital currency. It’s code, computer code that lives on the Internet everywhere. You’ve heard Bitcoin is pretty much synonymous with crypto because it’s the first one that was ever created and the most popular out there. The invention of Bitcoin literally paved the way for this entire industry.
Crypto technology is growing faster than the Internet and there are thousands of different cryptocurrencies out there. Some of them are not even currencies because this technology is now being adopted in other industries like music, art, and sports so new companies are creating their own crypto tokens that represent a share or a stock in the company.
Crypto transactions are logged on the blockchain. And what that means is that all transactions are reported and verified. That also means that there’s a lot of accuracy and transparency around this technology. And then last, but not least, the blockchain is decentralized. So when I say that the code lives all over the Internet, no one can control it. No one owns it or ever will.
Because the blockchain is decentralized, no bank or government, or big company can monopolize it. The adoption of this revolutionary technology is going to pave the way for the masses to prosper – to those that see it and get in on it of course.
I want you to understand that you’re being exposed to this information now. And I became very passionate about this when I realized that this is a decentralized system and that it’s growing fast. And if you know about it now, when it hasn’t hit critical mass adoption yet, there’s really a lot of prosperity and abundance when you’re tuning in to the right information from the right people and trusted sources, there’s a huge opportunity here for everyone.
How Cryptocurrencies Are Gaining Traction
Forty-six (46) Million Americans now own Bitcoin as of the writing of this post. That’s about 17% of the US adult population and that’s just in the US.
On September 7, 2021, El Salvador made Bitcoin a legal tender. And a lot of other countries are now following El Salvador’s model and started asking, “how can we do this?” And then banks and countries are now looking at having their own cryptocurrency. So yes, this is the beginning.
And you’re going to hear more and more about it too. The more you stay informed and educated around this area of finance, the more you’re going to be able to take advantage of this opportunity. That’s more than likely once in a lifetime. It is huge. Bigger than the Internet.
So let’s talk about some problems that crypto is solving. Most of the world is unbanked. In the United States alone, 22% of adults don’t have banks or barely have access to a bank. So, if you’re an adult living in the U.S. and you don’t have access to a bank, you’re having to rely on check-cashing services or payday loans, which charge a huge amount of fees. Also, the unbanked are not able to have a savings account or a proper way to cash their checks or, an even bigger issue, even a way to build their wealth because they’re not able to put their money in the bank. Now, you’re seeing how having a cryptocurrency alternative is great news for everyone!
That’s just in the U.S. How about in the world?
Outside of the U.S., there are 2 Billion people that are unbanked. So that means the same thing. They can’t protect their money. They can’t gain access to wealth-building tools.
And if you are one of the lucky ones that have a bank and you have a savings account, you’re actually losing value in your money. We’ll talk about this later in the article.
So cryptocurrency is going to solve the unbanked problem of the world so that more people will have more access to financial services and be able to basically move money around if they wish to and grow their money easily.
Real-world Uses of Cryptocurrencies and Blockchain Technology
Crypto Money Transfers
Here’s an example. Let’s say you send any kind of money overseas. I’m familiar with this because I’ve sent money overseas before. Also, my mom still sends money to my brother in the Philippines.
This is how this looks like traditionally. You have to go to a bank or Western Union or some kind of transfer system. Usually, you have to wait several days for the money to get to you or to your recipient, and then you usually have to pay massive fees.
I was reading an article the other day and in El Salvador alone, Western Union is actually going to lose $400 million a year in revenue because of Bitcoin becoming a legal tender. This means that El Salvadorians are now going to save $400 million a year on fees on money transfer fees because of crypto. That is huge! That’s ultimately money back in their pockets or stays in their pockets.
So now with crypto or Bitcoin, for example, you copy a string of text in a crypto exchange which is basically “online banking.” You hit send, and then it’s instant, like literally within minutes the recipient gets the money and you pay a small fee. Most of the time, the fee is very nominal. You don’t even notice the fee. So that’s how it’s going to change how we send money to other people or overseas.
Crypto Savings Account
How about your savings account? This is my favorite because this was the first time that I realized that I was losing money when I have my money in the bank. So how this looks like right now is we put money in our savings account. You get paid less in interest than the rate of inflation. So it’s actually going to be less valuable when you take it out because you’re getting paid a .5% interest rate. That is not 5%. That’s half of 1% which is so sad.
So you essentially lose money when you save it, you’re actually better off, I don’t know, spending it. Maybe because then you’re actually getting your money’s worth. I don’t know, because right now with inflation, our money has much less value.
I was just in Brazil recently, and their money there is about it 1:5 for each U.S. dollar. So about 1 Real is equal to $5. So it’s really cheap. It’s great when you’re an American in Brazil on vacation. But it’s so sad if you’re Brazilian making real and you know that your money is not as valuable because of inflation. That’s what inflation does.
So, I’ve put my savings in a crypto bank like Nexo.io. And when you realize that you can get 6-12% interest on your crypto compared to a traditional bank, it just makes sense. For instance, if we were to say you have $30,000 in savings. On your $30,000, you’re making about $6 a day. Before that, in my money market account, we made $4 in a year! That is what half a percent gets you in a traditional bank.
So this is how little by little when you see the value on how much more you can get with crypto and how much fewer fees you’re going to pay in the crypto world, it’s going to start to make sense because then you see the numbers add up in your bank account. This means more money in your pocket for building generational wealth.
Getting A Crypto Loan
I literally tried getting a loan against my Crypto (also with Nexo.io) about a week ago and it was so easy. But how this looks traditionally in the bank, they pull your credit history with dings your credit score, they get a background check on you – it’s a whole, drawn-out process. And then when you do get approved, you pay high interest rates and then you make monthly payments normal right? That’s how the traditional banking world usually works but not with crypto.
With crypto, you click a button in an exchange where you have your crypto assets. They don’t have any background checks. Basically, you’re using the crypto that you’re saving. They call it HODLing because you’re holding it long-term because crypto, especially Bitcoin, they appreciate in value. So it makes sense to hold it.
So, let’s say you have that crypto asset in an exchange. You can essentially borrow against it without having to spend your crypto. So they don’t do any background checks. It is available to you right away. If you have an asset that you’re holding in there, it can be available in an instant.
You also pay also low-interest rate. So if the bank will charge you, let’s say I don’t know 12% (at least) on a loan. In the crypto world, you can pay anywhere from 4-7% interest. An additional benefit of doing this is you don’t have to make monthly payments if you don’t want to because they’re holding your crypto asset as collateral. In some instances, you don’t have to pay it at all.
Are We Heading Towards Crypto’s Mass Adoption?
Which areas of our society are we seeing this mass adoption? Why is the crypto industry growing so fast?
Let’s start with Bitcoin and showing this table right here on the left. It’s basically showing us how big of an increase it has already. And this is just from 2011 to 2021. In the last ten years, it has been the best asset class in terms of appreciation.
In terms of growth. Let’s compare it to other assets that are available to us such as the dollar or gold. If you invested $1570 in Bitcoin (that’s basically $10 a week for three years) and compare that to gold, gold would have only grown by 11.85%. If you were to compare it to the United States dollar, it would have grown by 22.5%. Whereas Bitcoin is the clear winner at a whopping 445.48%! [Source: dcabtc.com]
So why is it growing so fast? Part of it is because of the uses that I discussed earlier in the article. And then you’re going to see a lot of different industries adapting it now as we speak at an even faster rate. If you look at any of the last five years that Bitcoin has been around, you’ll see that it is growing all the time. So it’s always been on an uptrend.
So what do power players have to say about Bitcoin?
Mark Cuban on the blockchain says,” It’s like the early days of the Internet when a lot of people thought we were crazy.”
Elon Musk, who is very much known as a fan of Bitcoin and blockchain in general, says, “I might pump, but I don’t dump.” He basically holds on to his Bitcoin long-term.
And why is HODLing the strategy? I’ll show you that later.
Billionaire Paul Tudor Jones says that this is a great way to fight inflation. I don’t know about you, but if a billionaire talks, I’m going to listen.
We’re seeing inflation in the higher prices that we’re paying for regular, essential goods nowadays.
What are the major banks doing about Crypto?
These are just some examples.
City Group claims that Bitcoin is at the tipping point to become mainstream.
This is really one of the reasons why I am writing about this and informing people to at least know the basics, at least know what’s going on with big companies, with power players, because this is about to go a mainstream. And if so, it’s time to start tuning in and start to pay attention to what’s going on in the crypto world.
Here are more banks that are getting in the game.
Wells Fargo said that it’s set to offer funds for the rich.
So, it makes you wonder why are they only offering it to the rich people. But companies like PayPal or Venmo now offer ways for us average people to buy crypto! It’s becoming more available to you. Now, you don’t have to wait for a regular bank to offer it to you. But if the major banks are doing it, that means that they’re seeing the trend. They want to get in on the trend. They’re going to do something about it.
So get in because, you know, this is about to go mainstream.
Another example is America’s oldest bank, BNY Mellon will store Bitcoin.
And then JP Morgan says that Bitcoin could rise to $146,000 long term as it competes with gold. This was back in January 2021.
Morgan Stanley becomes the first big U.S. bank to offer access to Bitcoin to their wealthy clients.
The left picture shows you just a small sample of some major companies that have hired, you know, people that are basically skilled in this technology and they’re starting to look into how can they develop their own crypto? How can they take advantage of blockchain as a technology to basically streamline their companies? It is just amazing that the blockchain not only affects the cryptocurrency world, it is also going to change the technology world in general.
What are some countries doing?
If big companies are doing it, countries are doing it, too. I mentioned earlier that El Salvador made Bitcoin their legal form of currency. Other countries that are looking into as of the writing of this article are: Japan, India, and Cuba.
After 400 Western Union locations closed in Cuba, the country’s 3 billion annual revenue from remittances (people sending money to their families) has shrunk which made them realize that they need to start looking at alternatives like Crypto. A Cuban photographer, Gabriel Guerra Bianchini, said, “This is bigger than just making money. This is freedom.”
What Gabriel said is ultimately what I saw when I first started looking into the crypto space and my mentor started basically putting a spotlight on this industry. And I’m just like, wow, I started looking deeper into how is this going to benefit the masses? How is this going to change our life? And really it is freedom. And it is for the first time in human history, we’re not going to be relying on banks and central governments.
How to Get Started With Crypto
If you’re a complete newbie and you don’t know how to buy crypto, how safe it is, etc., this section will answer that for you.
Buying crypto is easy. You can basically exchange any currency at a crypto exchange for a small fee.
In this example, you’re exchanging US dollars, Canadian dollars, or Euros. From that crypto exchange, you can either hold it and keep it there if you want, depending on what you’d like to do with it which will cover in the next section.
If you’re sending money to a friend or a family member overseas, you can do that as well or you can hold it for a long time if there’s a high probability that it will go up in value like Bitcoin.
What is a crypto exchange?
A crypto exchange is similar to those currency exchanges you see at the airport except it is all completely online because it’s digital money.
I choose exchanges based on ease of use, credibility, and safety. These are the questions I ask before I use an exchange:
Do they have a good reputation?
Have they been around for a long time?
Do they have a good amount of volume of people that are using their system?
What kind of coins do they have?
Most exchanges that are credible and easy to use are also safe to use and they usually have the most popular coins like Bitcoin and Ethereum.
So these are the characteristics that I choose whenever I’m looking to choose an exchange or do business in a crypto exchange.
The main exchanges I use are Coinbase or Coinbase Pro. Coinbase Pro has lower fees compared to coin base.
Binance, Kucoin, and Kraken are also my top choices and I really don’t pay attention to other ones unless I need to send something to another exchange where they don’t connect to these exchanges or don’t have the coin that I want. So whenever you’re buying crypto and you’re sending it to somebody, or maybe you’re trading with it like I am, you definitely want to compare a few.
The table on the left is just a small sample of the fees. It can vary greatly between exchanges just between Coinbase and Coinbase Pro. You may check out the full list at cointracker.com.
For instance, what I did the other day is I look at Coinbase. I was buying Ethereum and it was .99 cents per transaction on Coinbase whereas Coinbase Pro is completely free if you do it via ACH (which takes it out directly from your checking account). So you have to do your research and do a test before you hit the “buy” button to see what the fee is.
Is Crypto safe?
This is a question that I get all the time. It’s ridiculously safe. There are seven layers of protection from your login password to a Google verification to SMS verification to an email safety phrase. It’s crazy how safe it is.
This is actually a screenshot of my dashboard for Kucoin. I have all of my securities in place in there because that is also the exchange that I use to trade to use my automation bots for The Plan. Also, it’s doing a lot of trades for us and it’s growing by 22% a month. So we want all of the security in place and we’ve never had any problems with it.
I think it’s actually safer than keeping it in logging into your online banking, because with online banking, maybe you have one verification and that’s it.
Which Cryptocurrencies to buy?
What are some of the main coins that you want to look at and hold? The term hold is basically like a savings account where you’re holding it for awhile because crypto is volatile. This means that in the short-term, it does go up and down but long-term, we see an overall upward trend. It goes up in value over time.
Let’s say just for Bitcoin alone, if you look at the value of Bitcoin in the last five years, it actually has gone up. This is why a lot of people that buy Bitcoin will hold their coins for awhile. This is the safest way to actually earn money and take advantage of this appreciating asset. It’s like gold. If you have gold, why would you sell it if it’s appreciating?
You don’t want to sell gold. You want to keep it because the value goes up over time. And then when the value goes up, then you can use whatever profit you made from it and then keep your main asset or main investment wherever it is.
The main coins I’m holding right now are Bitcoin, Ethereum, and XRP or Ripple. I look into projects that I think are going to blow up because they actually have value in the real world. For instance, one is Solana. I wish I bought more of it when it was $31, because now it’s over $200 because more companies are building their software on it.
Solana is similar to Ethereum which is kind of like, Microsoft Windows where there are a lot of different companies that can create software for it. That’s ultimately what Etherium and Solana are. This means it actually delivers value to the world.
How to Make Money with Crypto
So this is my favorite topic out of all the sections I’ve discussed so far because obviously, this is where you start seeing results and make money whether you’re putting it away in a crypto savings account or using the profits immediately, like with The Plan Strategy by Dan Hollings, for daily expenses.
Now you know what crypto is, how to get it, how to buy it, and how to get your money into the crypto world. You have an idea kind of the different strategies that you can use in order to actually earn. So I’m going to show you specific examples. And I’m very excited to share that with you.
The strategies I’m going to show you are all set and forget. Once you put it there or set it up, you don’t have to think about it which I love because we’re all busy. We want to maximize our time and not really take up more of our time making money.
The Power of Dollar Cost Averaging
Dollar cost averaging (DCA) is my favorite strategy and it is a strategy that experienced investors know about. And the fact that I just knew about it just a few months ago made me sad because when you DCA Bitcoin, you can earn an ROI of 300% to 400%.
How Dollar Cost Averaging Works
Basically, you set a fixed amount, let’s say $10 on a regular interval such as weekly. The smaller the interval, the better your average “buy” cost will be so I like to do it daily. In this example, it’s $10 dollars a week. If that’s where you can start, that’s okay. Just go there and get started because it’s going to be powerful especially once you see how it works from this article. If you were to DCA, what it is doing for you is getting you the lowest price without having to time the market. You don’t have to buy when it’s low or sell when it’s high. So when you do the dollar cost average strategy, you’re basically getting the most bang for your buck.
So, DCA let’s say $10 dollars a week for 3 years gives you a total investment of $1570 and with a 445% return, this can turn into $8,564 in 3 years.
This is an example I pulled from dcabtc.com that explains the benefits of DCA:
Investing in Bitcoin with no DCA (Example)
It’s January 1st, 2018, and John decides to purchase $5,000 worth of Bitcoin today.
The Bitcoin price at the time was $13,800 per coin, which means that John now owns 0.362 BTC.
Investing in Bitcoin using DCA (Example)
It’s January 1st, 2018, and Alice decides she wants to purchase $5,000 worth of Bitcoin.
However, instead of investing the entire amount today, she decides to purchase $500 every month, for 10 months.
10 months later, Alice owns 0.61 BTC. That’s almost twice as much as John, even though both invested the same amount.
This is kind of like a save it for a rainy day strategy. Invest $10 a week, if that’s where you want to or can start. It is something that you probably won’t miss in your daily life. But over time, let’s say in 3 years’ time, it can grow about 300%-400%.
This is actually a screenshot of my dashboard. I started this a little over two months ago and I’ve invested about $1459 and it’s already gone up by 40.6% because Bitcoin appreciates in value. So I’ve made almost $600 just in the last two months without doing anything.
If Bitcoin happens to go down, I don’t sweat it. I just know that it’s going to go up over time because remember, I’m holding this for 3 years. I’m in it for the long haul.
To set this up easily, I use a service called SwanBitcoin.com. They have the lowest DCA fees I’ve found.
Taking Out DCA Profits to Earn More Interest
Another strategy to earn more on your Bitcoin is to take out your money once a month or every 3 months from Swan Bitcoin and into something like Nexo where you can earn 6-12% on your crypto that you’re HODLing.
The first time I did this, I had about $1200 that I withdrew from Swan Bitcoin to Nexo. Here are some interest rates from Nexo.io’s website.
So not only did my Bitcoin appreciate from Swan because it appreciates, I’m also earning more interest from it with Nexo. Again, this is not something that’s going to change your daily life right now, but it can make a huge difference when you hold it for a long time versus keeping your money in your bank, which is not really doing anything except losing value. So, why keep it there?
The Plan By Dan Hollings – Automated Bot Strategy
The Plan by Dan Hollings is basically an automated trading bot strategy that earns profit for you every single day. The easiest way to explain this is through an example. The picture below is a screenshot of my live Bitsgap dashboard. Bitsgap is the trading software that Dan Holling recommends for The Plan.
My Experience with The Plan
You can see my profit under the column that says bot profit. The first bot is our newest one that we started in 21 days ago when I took this screenshot and we have made $327 dollars. On the second one in a little over a month, we made $777 dollars and so on. The number under the “Avg. daily” column shows the amount of time each bot has been running.
We started with 1 bot first which is the 2nd to the last one on the screenshot above and we just kept adding more into it as we had more money to invest. As you can see, our ROI improved over time. In other words, our longest-running bots performed better the longer we ran them. A couple of them have gotten 34% to 54% ROI which is unheard of! That is until you start The Plan.
Why do I love The Plan? Because I spent about five minutes setting up each bot and it’s all automated. In other words, it is making money without me touching it – even while I’m sleeping. In fact, I love just waking up and login into Bitsgap once each morning and at night to simply watch it grow. That’s all my husband and I do with this! Well, unless we want to add more bots then we spend another 5 minutes setting it up lol.
So if you like what you see on the screenshot and you’re like, “how do you do that, Anna?” It’s actually not complicated. Dan is pulling back the curtain on this strategy again towards the end of November 2021 and if you like the results you’re seeing, I recommend you get on the waitlist to be notified when Dan reopens it.
When you get on the waitlist, you’ll be the first to know when Dan Hollings does the training on The Plan and you also get access to my free Crypto Passive Income Secrets Ebook plus Crypto Revolution Video Series: Prosperity for the Masses.
WHY I LOVE THE PLAN AND WHY IT’S BETTER THAN DOLLAR-COST AVERAGING OR HODLING
Make money now versus make money later. That’s basically what separates The Plan from DCA or HODLing.
The Plan is like a vending machine. Whenever the bot makes a trade, you make money just like when someone buys a snack or a drink from the vending machine, you make money.
More importantly, the profits you make from your bot are actually available to you immediately at your crypto exchange. This means that if you want to, you can use your profits as passive income to pay for your daily expenses or invest it in a business or re-invest it into another automated crypto bot like what Dan Hollings teaches in The Plan.
I personally like to re-invest my profits from The Plan into another bot because as you can see here, 1 of our bots is giving us over 54% ROI.
If you’re Dan Hollings, you can see results like this which he showed in the webinar he did last September.
When he showed this bot’s results, everyone was shocked. My jaw dropped! But, I knew that was totally possible since I’ve been following The Plan for about 3 months by then.
The Phases of The Plan
The even better news is Dan’s automated bot strategy is only phase 1 of The Plan. Dan Hollings gives away all the goods in this order.
Dan Holling’s The Plan is all about diversifying your investments and making sure that you are setting a good foundation. Phase 1 starts you off on the right foot by growing your money via automation then, Dan shows you how to get more out of your profits through the rest of the phases. It really is The Plan!
And so I wanted to share all of this with you now while it’s a perfect time. It’s not too late because we are still heading towards mass adoption. It’s still very early in the game.
Think about this in terms of the Internet when we didn’t know what the Internet was, how big it was going to be. That’s exactly how crypto and blockchain technology are going to be. So, you’re going to wish that you have started earlier than later.
This is also why I wrote this comprehensive blog post to give you the right information that could’ve taken you several months to research.
I also wanted to give you a platform to just ask questions if you have them. If you do, just message me on Facebook by clicking HERE or comment on this video series on the same topic on YouTube by clicking HERE.