Category: Business

How To Invest in Cryptocurrency: Super Beginners Guide

Cryptocurrency Trading for Beginners Learn how to Earn free bitcoin every time you turn on your computer – Click here Discover the easiest cryptocurrency trading software: Click here I’m gonna be talking about how to invest I’m gonna be talking about how to invest I’m gonna be talking about how to invest in cryptocurrency now like anything in in cryptocurrency now like anything in in cryptocurrency now like anything in life one plainly does not just invest in life one simply does not just invest in life one plainly does not just invest in anything without knowing what they’re anything without knowing what they’re anything without knowing what they’re investing in exactly retain that in thought investing in just restrain that in recollection investing in really save that in imagination don’t be caught up in the FOMO fear of don’t be caught up in the FOMO fear of don’t be caught up in the FOMO fear of missing out most people see something on missing out most people see something on missing out. How Not to Trade the Crypto Market Most people see something on the go they don’t jump on the the trip they don’t jump on the the razz they don’t jump on the bandwagon and then they’re they think bandwagon and then they’re they envisage bandwagon and then they’re they think they’re going to make it like the stocks, They think “oh I heard my friends investing ” There’s a saying, “if you don’t know who is  the chamber  schmuck is in the room you’re the schmuck” So the first thing I tell anybody before buying cryptocurrency  don’t until you know what you are buying. I don’t invest in anything until  I truly understand it. So the first step incryptocurrencies is know what bitcoin is.  That’s the first step first step first step understand what you’re investing in and understand what you’re investing in and understand what you’re investing in and take your time expend a couple of months take your time spend a couple of months make your time spend a couple of months reading about it become an expert in the reading about it become an expert in the reading about it become an expert in the fields okay then once you have a grasp orbit okay then once you have a grasp arena okay then formerly you have a grasp around the industry information and communication technologies in a around the industry the technology in a around the industry the technology in another job turn currency that you different career turn currency that you different occupation fling money that you can get started so step one and coming can get started so step one and getting can get started so step one and getting started once you’ve done the research is started once you’ve done studies and research is started once you’ve done studies and research is open up her account on any single open up her account on any single open up her […]

What is Bitcoin?

Earn Free Bitcoin Every time your computer is on – click here What is Bitcoin? Earn Free Bitcoin Every time your computer is on – click here If you bought a single bitcoin a year ago you would’ve paid just under $1000 for it. However, if you wanna sell that same bitcoin today it is worth over $17,000. Which really begs the question, what exactly is a bitcoin? The idea is that this is a virtual currency that isn’t backed by anything physical. It’s important to know that this isn’t a stock. It is a currency. Now mind you, it’s a little bit different than something like a U.S. dollar, or a euro, or the yen, which are all backed by specific countries. But the same idea still applies here. And the maintenance reason why bitcoin is skyrocketing in value is because everyone wants to get their hands on them. So how does this all actually work? Well, unlike something like cash, which is printed by a government and I can hold it in my hand, bitcoin relies on something called “the blockchain”. A simple way to understand this is to imagine a ledger. Every time anyone buys or sells anything related to bitcoin is recorded in this ledger called “the blockchain” and then it is copied hundreds of thousands of times every single hour across multiple computers to make sure that everyone is on the exact same page. What makes this interesting is the idea that because it is copied across all these different computers and because it all is public, before I say, wanna go buy a bitcoin from Ken or before he tries to sell me a pizza for a whole bitcoin because he’s greedy and wants to sell me a $17,000 pizza. I can actually see exactly how many bitcoin are in his specific wallet and vice versa. It is all totally public. So say I wanna buy that incredibly expensive and yet hopefully delicious pizza from Ken for a single bitcoin. Well, it works out from his end because he can look in my wallet and say, “Hey look, I have one bitcoin there.” I transfer it over to him, he receives it into his wallet, it’s all recorded in the blockchain and everything is totally fine. However, what happens when I decide to cheat the system and pretend that I have 50 bitcoin in my wallet when I really don’t have any at all? Well, the blockchain actually does a really good job of protecting against this. Because that ledger and that list of transactions is copied across so many computers, it’s updated multiple times per hour. The idea that I can just say, hey I have 50 bitcoin and try to tell Ken that, he can check, and unless I can access all of the thousands of computers every few minutes and change those numbers, which is not remotely practical, Ken is still going to be able to know that instead of my […]