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Cryptocurrency Guide for Newcomers: Your guide to the world of digital money

  • Добавил: literator
  • Дата: 27-04-2024, 03:15
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Название: Cryptocurrency Guide for Newcomers: Your guide to the world of digital money
Автор: Gábor László Hajba
Издательство: Leanpub
Год: 2023-12-19
Страниц: 161
Язык: английский
Формат: pdf (true), epub
Размер: 10.3 MB

Ever wondered what the hype is about Bitcoin and cryptocurrencies but never understood the terms? This book is for you where I tell you everything you need to know in layman terms.

This book is a gentle introduction to cryptocurrencies. I will give you a bit of history, talk about Bitcoin and alt-coins -- everything in a clear and understandable way as if you'd be one of my family members asking about crypto during Christmas dinner.

Cryptocurrency, in its simplest form, is a digital or virtual form of currency that utilizes cryptography for secure and decentralized transactions. Unlike traditional fiat currencies issued by governments, cryptocurrencies operate independently of any central authority, such as a central bank. This decentralized nature is one of the fundamental characteristics that sets cryptocurrency apart.

Since the introduction of Bitcoin, numerous other cryptocurrencies, often referred to as altcoins (alternative coins), have emerged. Some notable examples include Ethereum, Ripple, Litecoin, and Bitcoin Cash. Each cryptocurrency has its own unique features, use cases, and underlying technology.

What you'll get:

I introduce you to Bitcoin and the world of cryptocurrencies in simple terms without many buzzwords so you are onboarded easily
I share my best practices on how to convert your fiat (USD, EUR, AUD, etc) to crypto via exchanges
I share with you my choice of wallets where I store and grow my crypto assets
I tell you what DeFi is and how it works
I share with you my practices how I employ manual and automated trading methods -- even without any trading knowledge
I give you some options on how you can earn free cryptocurrency
I give you a bunch of updates even after the book is finished where I introduce you to different crypto projects just as a bonus

I am not a financial advisor, although I have studied economics this doesn't count. Therefore, if it seems to you I am giving financial advice: I am not. It's just my opinion. And as it is a very speedy market (well, Bitcoin moved +30% in 2 weeks), take care of the date I am writing everything. However, the backbone will be valid over time.

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