Bitcoin for Beginners The Simple Guide to Investing in Bitcoin Understanding Blockchain Cryptocurrency 3 in 1 Box Set 1st Edition by Artemis Caro – Ebook PDF Instant Download/DeliveryISBN: 8710733566, 9798710733561
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Product details:
ISBN-10 : 8710733566
ISBN-13 : 9798710733561
Author: Artemis Caro
Maximize your money while avoiding the potential pitfalls of investing in cryptocurrency—this handy guide shows you how to get in from the bottom up in this hot new market. Cryptocurrency—a digital asset that uses cryptography to secure all of its transactions, making it nearly impossible to counterfeit—is moving into the mainstream, receiving coverage from major financial websites such as Forbes and Bloomberg, as well as increased attention from serious financial institutions, and experiencing wider availability in trusted markets, such as the world’s largest futures exchange, Chicago Mercantile Exchange. As the price of Bitcoin and other cryptocurrencies continue to fluctuate and and news stories of cryptocurrency hackers increase, investors have to be more conscious of the huge opportunities and large risks in this market. Understanding these risks and rewards of cryptocurrency is vital for everyone wanting to make money on this exciting new form of investing. The Everything Guide to Investing in Cryptocurrency is an authoritative and comprehensive guide to help you safely jump into the lucrative world of e-commerce. You’ll learn: —The different major cryptocurrencies, including Bitcoin, litecoin, and ethereum —Where to buy and sell cryptocurrencies safely and securely —Setting up and managing your cryptocurrency wallet —Properly analyzing their investments Leap into cryptocurrencies with a full understanding of what you’re investing in. With the help of The Everything Guide to Investing in Cryptocurrencies, you’ll maximize your gains and minimize your risks in this radical new frontier.
Bitcoin for Beginners The Simple Guide to Investing in Bitcoin Understanding Blockchain Cryptocurrency 3 in 1 Box Set 1st Table of contents:
Chapter 1: Welcome to the Cryptocurrency Craze
What Are Cryptocurrencies?
An Origin Story
The Blockchain
Where Do Cryptocurrencies Fit?
How Do People Spend Them?
The Mining Process
Is It Like Gold? A Stock?
I’m Investing in What Exactly?
The “Store of Value” Complaint
The Prototype of a Successful Investor
Chapter 2: Reality Check
Why You Shouldn’t Invest in Cryptocurrencies
No, Seriously, Don’t
Why Aren’t You Listening?
Okay, You’re Ready to Gamble
Can You Afford to Invest?
Defining Realistic Goals
The “Should You Invest in Cryptocurrency?” Test
Chapter 3: Taking Those First Steps
The Xs and Os
Finding the Right Exchange
Selecting the Right Crypto Wallet
Wallets Abound
The Difference Between Investing and Spending
Initial Coin Offerings
Does an ICO Make Investing Sense?
Other Ways New Coins Come Onto the Market
A Hard and Soft Fork
Other Terms to Know
Chapter 4: The Blueprint for Success
How Do You Pick a Winner?
The Information Hub
Evaluating Individual Currencies
A Three-Point Mark to Judge Crypto Credibility
When to Hold
When to Sell
The Dangers of Evaluating Cryptos Like Stocks
There’s Much More Volatility
How I Do It
Chapter 5: The Mark of a Losing Bet
How to Avoid Losers
You Don’t Ignore the Hype
The Day-Trading Mistake
There’s Nothing to See Here
Selling the News
Yes, These Were Once Real Cryptocurrencies
How I Lost It
Chapter 6: Knowing the Players
The Importance of Management
Have They Proven Their Technical Acumen?
Who Is Vitalik Buterin?
Who Is Charlie Lee?
Who Is Chris Larsen?
Who Is Brian Armstrong?
Who Is Nick Szabo?
Who Are the Winklevoss Twins?
Don’t Overweight Management
Chapter 7: The Basics of Bitcoin
Bitcoin’s Origin
What Makes Bitcoin Unique?
The Bitcoin Fundamentals
The Problems Lurking in Bitcoin
The Bitcoin Forks
Investing in Bitcoin Cash
Investing in Other Bitcoin Forks
Chapter 8: The Basics of Ethereum
Ethereum’s Origin
What Makes Ether Unique?
The Ethereum Fundamentals
The Problems Lurking in Ethereum
The Ethereum Forks
Ethereum Hacked
Chapter 9: The Basics of Ripple XRP
Ripple XRP’s Origin
What Makes Ripple, the Company, Unique?
What Makes XRP Unique?
The XRP Fundamentals
Following XRP’s Roller-Coaster Ride
Will Ripple Fork?
Chapter 10: The Other Altcoins
Defining Altcoins
The Wild Ride of Altcoins
The History and Fundamentals of Stellar
The History and Fundamentals of Litecoin
The History and Fundamentals of Cardano
The History and Fundamentals of NEO
The History and Fundamentals of NEM
Chapter 11: Sleuthing Out Scams
The Dark Side of the Crypto Market
What Does a Scam Look Like?
The Dark Money Flowing Through Cryptocurrencies
Real-Life Crypto Scams
The Five-Step Security Checklist
Protection from Hackers
Who Can You Turn to If You’re Fleeced?
Why It’s Getting Better
Chapter 12: Okay, You Have a Lot of Money to Play With
The Budding Crypto Markets
Accessing Cryptos Without the Security Concerns
The Bitcoin Investment Trust
The Coinbase Index Fund
Calculating the Fee Impact
Alternative Ways to Play
Chapter 13: Okay, So You’re Like Most Investors
Crypto-Picking Remains Best (Among Few Options)
You Can Go the ETF Route
Finding Complementary Investments
The Build-Your-Own Index Guide
Remember Fees
What to Do If Your Cryptocurrency Folds
Chapter 14: Remember Your Purpose
Remember Why You’re Investing in Cryptocurrencies
Don’t Forget to Diversify
Reinvesting Gains
Give It the Portfolio Treatment
Regularly Test Your Investing Assumptions
Chapter 15: The Tax Man Cometh
The Tax Conundrum
The IRS Cracks Down
Short-Term Investors
Long-Term Investors
Tools to Track Taxes
Don’t Get Caught in the Wrong Tax Strategy
You Might Want to Consider a Tax Advisor
Chapter 16: The Laws Are A-Changin’
The World’s Outlook
China’s View
Russia’s View
South Korea’s View
Japan’s View
The US’s Evolving View
Regulation’s Doubled-Edged Result
Chapter 17: Cryptocurrencies 2.0: What’s Next?
The Evolution to Come
How Technologies Must Improve
Legal Clarity Will Help
Options for All
The Hope of Indexing
The Long-Term Hope
Acknowledgments
About the Author
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