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Bitcoin and Cryptocurrency Handbook for Beginners
- Narrated by: Cindy O'Brien
- Length: 3 hrs and 12 mins
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Summary
What are cryptocurrencies and Bitcoins, and how do they work? How do I safely invest in crypto? Is it safe to buy Bitcoin?
What is Bitcoin? Bitcoin is a digital currency that is not affiliated with any government or tied to any central bank. This makes it a currency that can be used in any corner of the world, can be converted into other types of currencies, such as US dollar, Chinese RMB, and Euro. There are many ways of getting bitcoins. The most popular way is either by buying them on an exchange or by mining them. Buying bitcoins isn't as difficult as mining bitcoins, and it's often seen as easier to set up.
However, it does require a little know-how, and many people have heard of Bitcoin but don’t know much about it. Whether they are intimidated by the steep learning curve or skeptical of the technology, they don’t want to invest. Bitcoin and cryptocurrency are a high-risk, high-reward opportunity. It is arguably more volatile than any other asset class, as it is new, misunderstood, and unregulated. The chance to invest in Bitcoin today could lead you to owning a life-changing amount tomorrow!
This audiobook will answer all your questions about Bitcoin, the Bitcoin standard basics, the basics of risk free investing and mining, and recommendations for the best cryptocurrency exchanges in 2022, and much more!
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