Bitcoin: The Simple Guide To Investing In Cryptocurrency for Beginners

By Penny Peterson

Book Overview

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Title;

BITCOIN

Subtitle;

The Simple Guide To Investing In Cryptocurrency for Beginners

The cryptocurrency market has continued to witness a boom despite the global pandemic wreaking havoc on all significant economies on the planet.

Many crypto startups have emerged in the space during this pandemic to cater to the ever-increasing demand for Bitcoin and alike cryptocurrencies.

What Is Bitcoin?What is blockchain?How does blockchain work?What is blockchain technology used for?Understanding blockchain, cryptocurrency and BitcoinPeer-to-Peer TechnologyBitcoin MiningHistory of BitcoinWho controls Bitcoin?How can we be sure that Satoshi Nakamoto is not benefiting from his invention?Who controls the protocol?So the protocol is in the developers hands?The principle of consensusCan Bitcoin be hacked?Hacking? Where?What is the difference between a portfolio and a platform?Platforms are hacked, not the Blockchain What determines the price of Bitcoin?Bitcoin, a volatile assetFundamental analysisTechnical analysis What Is Crypto Mining? How Cryptocurrency Mining WorksCryptocurrency Mining ExplainedTraditional Banks Are Centralized SystemsCryptocurrencies Use Decentralized, Distributed SystemsUnderstanding the Terms: Centralized, Decentralized, and DistributedIs Crypto Mining Legal?How Crypto-mining Works (And an In-Depth Look at Blockchain)A Step-by-Step Look at the Crypto Mining ProcessHow These Components Work Together in the Blockchain EcosystemWho Updates the Blockchain (and How Frequently)?When is the best time to buy cryptocurrencies?Trading, a different job than investingThe volatility of Bitcoin and its role as a medium of exchange and a store of valueWhat Is Volatility?What Are the Most Volatile Asset Classes?How to Calculate Bitcoin's Volatility?An Emerging Asset ClassExample: Tech Stocks and the Dot Com BubbleSpeculationThe Future of Bitcoin's VolatilityUnderstanding the Various Ways to Invest in BitcoinInvestment TypesBuying Standalone BitcoinGreyscale's Bitcoin Investment Trust (GBTC)Amplify Transformational Data Sharing ETF (blok)Bitwise 10 Private Index FundInvestment StrategiesLong Positions on BitcoinUnderstanding Risk if You Invest in BitcoinIs It Worth Investing In Cryptocurrency?Bitcoin a Good Investment?Tips For Investing In BitcoinHow to Invest in Bitcoin in 5 Steps

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• Format: Paperback
• Language: English
• ISBN: 1667152858
• ISBN13: 9781667152851
• Release Date: September 2021
• Publisher: Penny Peterson
• Length: 94 Pages
• Weight: 0.30 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"