The answer is more trivial that one would think. No magic. No criminal.
Umaru Enemona, 35, an owner of one of Abuja’s street cafés, who made about $625,000 last month, tells that just half a year ago he was going through tough times. Enemona had a huge debt and bank was about to repossess the street café.
An experienced businessman, Enemona didn’t want to give up and began looking for side-income ideas in order to keep his business afloat.
“Every day I’ve read tons of information about different money making ways. I don’t really trust social networks posts and comments so I was looking through articles on popular finance and news websites,” Enemona says.
And it turned out to be the right thing to do! “One of those days I was scrolling through search results when an article about binary options caught my attention. By that time I’ve already heard different opinions on the topic. Binary options seemed to be quite controversial, so I was fairly interested.”
The article was written by Jonas Grossman, an NBS financial expert. Although written by a professional, it was very simple and entertaining. “He [Grossman] explained trading strategies and investing mechanisms using simple examples, and I got very excited to try them,” Enemona continues.
“Grossman made a list of three binary options traders - two of them were forbidden, but the first website, it was Binomo, was active and available. They provided me with $1,000 of demo funds, so I got nothing to lose, and at first I considered everything to be a game, like these flash games for children, you know.”
Enemona realised it was a way to make good money only when he got the idea and began winning each time.
“I was a little bit nervous to make a real account and deposit my own money - who knew, with that demo account trading they could have tricked me into spending money - but everything turned out to be completely the same. I made and withdrew my first $1,000 seventeen days after I began trading.”
Although making about $20,000 a day, Enemona says he doesn’t want to sell his street café. “This place is my child. Selling it would feel almost like a betrayal. Sure, now I spend most of my days travelling, but it’s always good to come back here.”
So, getting back to the riddle at the beginning of this article. Did you get the right answer? Every morning Umaru Enemona withdraws $20,000 making the ATM empty.
“People started calling contact center, complaining they don’t fill it,” laughs Enemona. “They still have no idea. Well, may be after you street cafélish the article, the mystery is going to be solved.”
Here’s a passage from Jonas Grossman’s instructions Enemona uses for successful trading:
1. Create an account. It's absolutely free. Visit Binomo website by clicking here. The website page will be opened in a new window or tab. You may switch between windows or tabs to follow these steps. Here’s what you’ll see first:
3. After the tutorial you’ll see your account. When you register for a free account they will fund you with $1000 of demo funds. You can see them at the top of the screen:
4. The further steps are very easy:
II. Make an investment. Minimum investment you can make is $0.5.
III. Choose expiry time. Expiry time is the time limit until which your prediction will have to come true in order for you to win. Minimum expiry time is 1 minute. I usually choose 1 or 5 minutes.
IV. Make your prediction and click either UP or DOWN button. The deal is open after you click one of the buttons.
5. Wait for the time you chose as the expiry time. If your prediction comes true you’ll see a window:
When I asked Enemona if he would show me his e-wallet as I’d never seen such amount of money he eagerly agreed to do so:
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