Practical Guide to Learn Bitcoin

Bitcoin For Beginners, learn Blockchain, Learn about cryptocurrency and bitcoin.

INTRODUCTION TO CRYPTOCURRENCY;

A. What is Cryptocurrency 

B. Why invest in Bitcoin

C. Basic Guide to Buying Bitcoins

What is Cryptocurrency?

    cryptocurrency is a digital currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

   Cryptocurrencies run on a distributed public ledger called blockchain, a record of all transactions updated and held by currency holders.

   To use cryptocurrencies, you need a cryptocurrency wallet.

    Bitcoin is an example of a cryptocurrency and it is decentralized. with symbol BTC The first cryptocurrency to capture the attention of the mainstream public was     Bitcoin, which was created in 2009 by Satoshi Nakamoto, still an unknow individual or group that created the first blockchain.

*.Why invest in Bitcoin? Investing in Bitcoin Technologies, trading btc or holding

     * Virtual currency for Transactions (medium of exchange) *Low-cost money transfers *Store of Value *Hedge against Inflation 

*.Basic Guide to Buying Bitcoins

     How do I start Bitcoin for beginners?

     How to Invest in Bitcoin in 5 Steps; Join a Bitcoin Exchange.

     Get a Bitcoin Wallet.

     Connect Your Wallet to a Bank Account.

     Place Your Bitcoin Order.

     Manage Your Bitcoin Investments.

JOINING A CRYPTOCURRENCY EXCHANGE

* Binance * Bittrex *Coin base

* PLACING A BITCOIN ORDER OR SELLING YOUR BITCOIN (Peer to Peer)

GETTING A BITCOIN WALLET (Cryptocurrency wallet)

*Blockchain wallet *Coin base Wallet – Best for Beginners. *Trust Wallet – Best for Mobile. Ledger Nano S Plus – Best Crypto Hardware Wallet. *Electrum – Best Desktop Bitcoin Wallet. But I Recommend Blockchain wallet ( Trusted over 10 years experience)

CRYPTOCURENCY MARKETS & DATA; Coinmarketcap

Can you make a living with Bitcoin?

➤➤Trading

Trading is meant to exploit short-term opportunities.

The crypto market is volatile. This means the prices of crypto can increase and decrease in price dramatically over the short term.

To be a successful trader, you need to have the proper analytical and technical skills. You’ll need to analyze market charts on the performance of the listed coins so that you can make accurate predictions about price increases and decreases.

When trading, you can either take a long or short position, depending on whether you expect the price of a coin to rise or fall. This means you can make a profit regardless of whether the crypto market is bullish or bearish.

Note

Trading requires a lot of time spent watching the market. Most traders spend hours and hours daily watching the market. while as an investor by Spending 1 or 2 hours a week you can be making profitable investment. The rest is just to check your wallet once a while to see how much your investment has grown.

➤➤Investing

Investing is the long-term strategy of buying and holding crypto assets for some time. It is best suited for newbies.

Crypto assets are generally well suited to a buy-and-hold strategy. They are extremely volatile in the short term but have tremendous long-term potential for growth.

The investing strategy requires you to identify more stable assets that will be around for the long term.

Assets such as Bitcoin and Ethereum have been known to show a long-term price increase and can be considered a safe investment in this regard.

*Is bitcoin safe and legal? *Is trading cryptocurrency hard to learn? *Is Crypto real money?

NB: Know the basics of investment: Buy low, sell high with proper risk management, so you don’t lose everything. Basic things internet gurus won’t teach you.

Who this course is for:

• Bitcoin for Beginners