(as of Dec 01,2022 12:38:02 UTC – Details)
When people think of cryptocurrency, “complicated” is probably one of the first things that come to mind. The concept has been around for over a decade, but many still don’t have a complete grasp of it—and who can blame them?
Like any skill, it takes patience, time, and constant learning to mastering the world of cryptocurrencies. So don’t pressure yourself to become a whiz on day one.
What you should be worried about as a beginner planning to invest in crypto are most of the things to help you navigate the field better. And that’s what this book is all about.
Today, more than 10,000 different cryptocurrencies are traded publicly, according to CoinMarketCap.com, a market research website.
And it has continued to proliferate, raising money through Initial Coin Offerings (ICOs). The total value of all cryptocurrencies on July 16, 2021, was more than $1.3 trillion — down from the April high of $2.2 trillion, according to CoinMarketCap.
Are Cryptocurrencies A Good Investment?
Cryptocurrencies may go up in value, but many investors see them as mere speculations, not real investments. Recently, the world’s largest asset manager, Blackrock sees ‘very little’ demand for cryptocurrencies. But what do you expect?
It’s still the same old game, bash Bitcoin publicly, silently buy it off the books at low prices then sell at high prices and repeat the process. The big GUNS are doing this and now others are following this trend too.
There’s no hard and fast rule to crypto investing or trading success. If there was one, you would have known by now. My reliable method which has never been faulted is to follow reputable news sources, prepare for volatility, spread into other altcoins, learn the uses of both cold and hot wallets, be vigilant, and lastly, stake what you can afford to lose.
A Beginner Step-By-By Guide To Cryptocurrency Business covers topics such as:How to read chartsBitcoin Common Myths Commandments of BitcoinThe cryptocurrency buying and sellinghow to profit from the Bitcoin BoomMajor determinants of Bitcoin PriceBest Cryptocurrencies to invest in 2021Capital Appreciation In Cryptocurrency TradingTrade Indicators that can help you scale fasterTips to follow to choose which cryptocurrency to tradeGuide to prevent your cryptocurrency from hackers attackThe best cryptocurrency to bet on in the short and long termHow payments are made and how transactions are kept secureHow to increase your income potential as a cryptocurrency traderAnd more …
ASIN : B09LMFKXJG
Publication date : November 10, 2021
Language : English
File size : 2834 KB
Simultaneous device usage : Unlimited
Text-to-Speech : Enabled
Screen Reader : Supported
Enhanced typesetting : Enabled
X-Ray : Not Enabled
Word Wise : Not Enabled
Sticky notes : On Kindle Scribe
Print length : 110 pages