R. Jerome Harris, Owner – DigitCoinz
Greetings and welcome to DigitCoinz. My name is R. Jerome Harris and I am the “face and the force” behind Digitcoinz.com. I discovered the world of Cryptocurrency in August of 2016 and I haven’t looked back since. And, I am doing reasonably well in it.
Since August of 2016, I had embarked on a mission to learn everything I could about it. Everything. I read many books on the subject, listened to the giants in the “Crypto” world who – like me – are believers that it is the next evolution of money that is beginning to catch fire and cannot be stopped.
Sadly, many people have never heard of Bitcoin and cryptocurrency. I seek to change that for us “down-to-earth” people, the hard-working wage earner (even minimum wage earner), single moms, or anyone who have been shut out from participating in the traditional stock market where millionaires are made every day.
Let me make something clear: Cryptocurrency investing is NOT trading stocks. Trading stocks in the traditional stock Exchanges involve middlemen known as stockbrokers who get paid each time that place a stock order for you. With cryptocurrency, there are no stockbrokers, no fees. You simply purchase digital currency that has value – Bitcoin for example – and you hold it and watch it increase in value.
FACT: If you had purchased one unit of Bitcoin one year ago on November 19, 2016, you would have paid $749. If you were disciplined and patient enough to hold your investment for one year, your Bitcoin would be worth $7809 today, November 19, 2018! (See chart below. From the Coin Market Cap website)
I forecast Bitcoin to soar past the $10000 mark by the end of the year and possibly reach as high as $60000 – $100000 per unit by the end of 2018. Why? Because lots of big money from large corporations and hedge fund managers are sitting on the sidelines waiting to jump onboard by mid-December 2017! And, when they do, the price of Bitcoin (and some of the other lower priced coins) will go through the roof!
Never ever feel that you do not have enough money to buy cryptocurrency. You do! That is the beauty of cryptocurrency investing, the Blockchain doesn’t care who you are or how much money you make. You are a faceless and nameless entity to it. You exist only as a piece of code. As an incredibly complex piece of data. That levels the playing field. Even for someone who never owned a bank account!
My learning process in cryptocurrency is never-ending because “the Blockchain” technology is ever changing. So, I am still a student, but an advanced one.
I am 100% convinced of the reality that “Digital Currency” is the wave of the future and will change – one hopes, forever – the way we as individuals, businesses, and even governments conduct financial transactions all over the world.
Non-digital currency (Fiat) and the central authority (banks) that hold them will resist and take a “war-like” posture against this new “digital currency.” But the momentum is too strong to stop it. We witnessed the strength and resilience of the “Mighty Blockchain” on the first week of September 2017 when China banned Initial Coin Offerings (ICO’s) and Exchanges.
What is my legitimacy in this space? I am an Information Technology Specialist (Networks) by Profession, an Instructional Systems Developer, Electronics/Digital Technical Instructor, WordPress Expert and Web Designer, Blogger, Internet Marketer, Smooth Jazz Radio Personality, and now, a Crypto Currency Investor and Mentor.
Understanding finance or investing in the stock market are not prerequisites to learning about and investing in cryptocurrency. No, this is an entirely different entity. While there are some similarities, the major differences between them are enough to set them apart from the other. I believe it does cryptocurrency a disservice to compare it to investing in the stock market.
That cryptocurrency (and Bitcoin) are so new, many people have never heard of it. In fact, many degreed and highly educated individuals do not know what it is and cannot explain how it works. College courses and college professors do not teach you cryptocurrency because they do not know what it is and can not explain it. They have to ask somebody.
So what does that mean for the average hard working individual? This: That the playing field is level. You can participate in it. Like you, many others have to learn about cryptocurrencies and Bitcoin as well.
You see, the cryptocurrency and mighty Blockchain technology doesn’t care how much money you make; what neighborhood you come from; what country you come from; it does not care about your race or nationality or the color of your skin or what language you speak; it does not care if you are a Prince or Pauper; it does not respect or know any national borders. It does not care what your name is; it does not care how old you are; it does not care about your gender or sexual orientation; it does not care about your credit rating. It doesn’t ask you to fill out forms so as to be rated and approved to participate in it. In cryptocurrency, you exist as a piece of elaborate and highly complicated data. All the Blockchain needs to know about you is encrypted and contained in that string of data. It is truly remarkable and it is mind-boggling that a person or a group of people came up with it (an alias by the name of Satoshi Nakamoto).
Cryptocurrency transactions are peer-to-peer (P2P), meaning that there are no middlemen – such as banks – who pay themselves when they handle your transactions. Cryptocurrency transactions are between two entities (people, businesses, countries, etc). Cryptocurrency transactions are secure, anonymous, verified, and fast.
Bitcoin means two things. (1) bitcoin “lowercase ‘b’ is the digital currency. (2) Bitcoin “uppercase ‘B’ is its actual payment system, platform, or network. That network is known as the Blockchain. Bitcoin is more than digital currency, it is an amazing technology that will change the way the world conducts financial transactions.
Is Cryptocurrency real money? Yes, it is! Think: What is money anyway? Money is anything that people form a consensus and agreement about that is to have value. It can be a goat! a cow! a rock (gold)! Paper money! Many people in the world have christened Bitcoin, for example, as something of value. That is why it’s price is going up.
Can cryptocurrency (Bitcoin, Ethereum, etc) be converted into U.S. Dollars, Euros, The British Pound, etc)? Yes, very easily. I do it all the time. With a few clicks of a mouse, any holdings of my cryptocurrency can be converted to U.S. dollars and sent to my bank account.
How much money can you make by investing in cryptocurrency? You wouldn’t believe me if I told you. What I can tell you here (online) that you could be financially independent in less than a year if you are disciplined and patient.
I devote 2-3 hour each day studying the movement of the cryptocurrency marketplace and maintaining this website. It doesn’t feel like work, especially when I see my “Crypto” portfolio smile at me.
My career as a U.S. Federal employee and USAF Veteran (totaled) spans more than 42 years. (42 years, 2 months, 8 hours, and 47 seconds to be exact). I retired from the Federal government on June 24, 2017. That day was full of mixed emotions. I was sad because I had forged many meaningful relationships and left many friends and co-workers behind whose faces I would probably not see again in person; perhaps on a Facebook page.
But that day was a happy and bright day as I walked out of the front door of the agency in which I gave more than 22 years to because I knew that I gave it the best I had. They knew that too as the many awards I earned. But it was time to turn another chapter in my life and I knew exactly what I wanted to do. I wasn’t one of those “who-could-retire-but-uncertain-and-afraid-to-do-so” type of employee. I wasn’t going to sit in a rocking chair or at some park feeding pigeons. I wasn’t afraid, but eager. I was more than ready to move on.
Interestingly, many of my co-workers who were at retirement age (and had the years vested), actually tried to talk me out of retiring from the Federal government. But what I realized was that they were afraid. They drew strength from my fearlessness. Once gone, their source of strength would be gone too. When these individuals learned that my retirement was certain, they retired as well. Isn’t that something?
I crunched the numbers. I had effectively 42 years and two months (22 years and two months within the Federal government plus 20 years in the United States Air Force) that would apply towards my pension. The numbers looked great. Plus, I get a pretty good Social Security deposit into my checking account each month, too. I had no real reason to continue working. I hear all the time that I do not look my age, I am 64 years old and will turn 65 in February. I am in excellent health and feel like I am in my 30’s. Good genes and clean living I guess.)
I had no debt and still don’t. I do not ever plan on going into debt ever. Debt is enslaving. (Another smart decision I made was not to buy stuff that I did not need or accrue credit cards that would keep me in financial bondage. Or, buy a new car when there was nothing wrong with the one I have. It is paid for and runs like new. It is a 1999 Dodge Durango that I pamper and maintain inside and out. I have never been the type to sit around and brag about the nice house or car I have or the deck I added on to my house. Along with all of those things come with a nice mortgage and car payments! I am “Old School” and believe that if you want something and you have a job, exercise patience and self-control and save for it. Pay for it outright. No payments! This worked for me.)
My pension is more than enough to take care of myself and my family. I no longer answer to a “boss.” No more commute to work each day. No more office nonsense and politics. No one telling me when I can take time off. I get up when I want to. I go when and where I want to. I have to admit, it is a great feeling! Yet, I am only free financially, but that is not enough for me. What to do with that freedom? What do do with all of the time I have now. Time is a valuable commodity and I wanted to invest it in helping people. (This blog, my videos, all of which all take time and have value).
Now, I am in a position to buy the house and car of my dreams. I can travel whenever and wherever I want anytime I want and there is no one telling me that I can’t. No one telling me when I need to wake up to be on time at work. No crazy bosses to deal with. No more workplace politics (which can be vicious and cutthroat). No more requesting and asking for permission to take time off. No more!
I am free now. Completely in charge of me, my time, my talents, and my life are mine to keep to myself or to distribute to the many others I would like to help get to that wonderful place I am in right now.
The independence that I believe in is not just a financial independence from “the corporation,” but a mental freedom.
You must place yourself in a position to become independent of the powers who have placed obstacles – and even fences – about you preventing you from escaping to that place of financial and mental independence. Even to that place of freedom of thought and freedom of believing; believing in yourselves and the potential of others.
Anyone who knows me knows that I am serious-minded and the cautious sort and not easily swayed by anything. I don’t play – and I believe in making my hard earned money smartly work for me.
I am convinced that cryptocurrency is the next generation and natural evolution of money and the way we conduct financial transactions in the world. I want to be a part of it. I want my children, grandchildren, brothers, sisters, nieces, nephews, and friends to be a part of it.
Many ask why do I not charge for all of my hard labor and time? Because I have always been the type of person who puts his money where his mouth is. I believe in genuinely helping the oppressed, the downtrodden, and those who want to get out of the rut they find themselves in and make a positive impact on their lives and those of others. Ask anyone who knows me will tell you that I really like this.
But this is also all about the personal development of the mind, not just making money.
And, in all actuality, if you sign up for my FREE Cryptocurrency and Bitcoin Course, it is not really free. Why? Because in exchange, I ask you for your email address and your time – both intangible things of value, like cryptocurrency – to take the course to learn about it.
I started DigitCoinz because much of the material I found on learning about Cryptocurrency was not presented in a manner that a newbie could easily digest. As a former Technical Instructor with more than 20 years of classroom experience, I understand the need to present material to the student as “simple as possible, but not simpler.” An expression borrowed from Albert Einstien.
If you want to learn more about me you can check out my LinkedIn profile.