Cryptocurrency for Everyone
Easy But Vital Tips to Invest in Bitcoin and Altcoins
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Narrated by:
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J Wesley Price
About this listen
The cryptocurrency market is constantly fluctuating, and new cryptocurrencies emerge almost every day. Some investors manage to make real fortunes overnight. Dipping your toes into the crypto world for the first time can be a little intimidating if you don't have extensive knowledge of how investments work. The good news is, you don't need to be an investing expert to make smart decisions about where to put your money as a beginner.
This book is packed with valuable information, basic concepts, and easy but vital tips and tricks, and explains concepts in a way that's easy to understand as a novice investor.
Yes, the cryptocurrency market is unpredictable and poses a high risk for its investors. But the higher the risk, the higher the profit margin can be. As has been predicted by scores of experts, cryptocurrencies are here to stay. They are completely transforming the world of finance.
Institutional investors are starting to buy cryptocurrencies. Governments and banks are also beginning to recognize the potential that these currencies and blockchain technologies have. There are also many people buying Bitcoin to preserve their savings in the face of constant devaluations of fiat currencies.
The cryptocurrency phenomenon is growing by leaps and bounds day after day, but without a doubt, this is only the beginning. The future of cryptocurrency is clearly bright, and it is time for you to jump on the moving train (if you haven’t).
Here's what you should know to start investing:
- What is DeFi? what is its purpose?, and how does it work?
- What are the benefits and Defects of DeFi?
- What is blockchain - and how does it work?
- Practical and theoretical applications of blockchain
- What is a cryptocurrency? What can you do with cryptocurrencies?
- What are the advantages and the risks associated with cryptocurrencies?
- Cryptocurrency wallets: what they are and how they are used.
- Bitcoins: virtual currency vs traditional currency.
- Why invest in cryptocurrencies?
- Buying cryptocurrencies.
- Features and requirements for choosing the best cryptocurrency exchange.