Cryptocurrency is all the rage, no matter which social platform you jump to, which news channel you switch to, or which colleague you are talking to on a slow, dull Monday - you are bound to come across it every single day.
And it all began in 2009 when the now-household crypto - bitcoin - was first launched. Riding on the newly adopted blockchain technology, by 2013, bitcoin's value had leaped more than fiftyfold.
Today, these simple digital tokens have become the bedrock of many new business ventures, and are now even accepted as payments for day-to-day items.
Now, you might be thinking:
All this seems good on paper, but are cryptos really meant for me?
Are people foolish to invest in a currency they cannot physically handle?
Check out these proven strategies to safeguard your cryptos from another Mt. Gox or FTX scandal
The world of crypto, with its complicated concepts and more than 12,000 cryptocurrencies at your disposal, can easily feel overwhelming.
And if you're looking to understand and invest in cryptocurrencies, but the above questions keep ringing in your head, then you're in the right place.
In this comprehensive guide to cryptocurrencies - tailored for beginners - you will discover:
- A simplified look at the fundamentals of cryptocurrencies - find out how these digital coins can help you rack up massive wealth, all without losing your focus
- What makes crypto so valuable - follow how these digital coins fare against real-world assets, such as real estate and real money
- Blockchain 101 - discover the technology that gives power to cryptos, from Bitcoin to Ethereum, and everything in between
- The big and small of investing in cryptocurrencies - comprehensive, practical, and easy-to-follow guide to build multi-generational wealth, perfect for new investors
- What a cryptocurrency exchange is, and how to select the best one for yourself
- A plethora of strategies to analyze and find the best-performing crypto tokens for investments
- Trading and taxes, simplified - maximize your gains and minimize the risks using practical strategies used by crypto experts
- How to create your personal fortress of digital safety - secure your investments and keep scammers at bay by making intelligent and well-informed choices
And much more.
Becoming an expert on cryptos might not be a single-day job, but with this guide, you'll be able to build a solid foundation that kickstarts your journey into this new world of digital currency, giving you an edge in building wealth that sets you up for life.