Important Concepts About Investing & Cryptocurrency Technology (for Beginners!)

Cryptocurrency for Beginners: with Crypto Casey

English - June 15, 2020 15:00 - 21 minutes - 15 MB
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Previous Episode: What Blockchain is & How Blockchain Technology Works (Simple Overview)

Next Episode: Ethereum 2.0: Beacon Chain, Staking, & Sharding (A Simple Explanation!)

This is a podcast for beginners about basic investing and technology concepts that are important to understand before investing in digital assets like Bitcoin, Ethereum, and other cryptocurrencies.

That way you have a solid foundation to build your cryptocurrency knowledge on going forward as an informed investor.

I’ve broken up this guide into 3 chapters to make it easy for you to follow and understand.

Make sure you check out my YouTube channel at YouTube.com/CryptoCasey for video versions of these podcasts.

Before you start transforming some of your wealth into digital assets like cryptocurrency, I want to share with you two important things you need to know.

Number one, these types of investments are not like anything else you may be familiar with.

Unlike banks, credit unions, and traditional stock exchanges, there are virtually no fail safes in place to protect you if you make a mistake or don’t understand what you’re doing.

The second thing you need to know is the golden rule of investing:

NEVER invest more than you can afford to lose.

So you need to figure out an amount you are comfortable investing and, more importantly, an amount you can truly afford to invest – then you need to stick with that amount and be patient in the process.

======== ESSENTIAL CRYPTO RESOURCES ========

♦ Recommended 1st Option to Buy Bitcoin/Ethereum:

Coinbase Signup Link - Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100 - https://www.coinbase.com/join/57605a33b9140001c900020b

♦ Recommended 2nd Option to Buy Bitcoin/Ethereum:

Coinmama Signup Link - https://go.coinmama.com/visit/?bta=51862&nci=534

♦ Recommended Exchange to Buy Altcoins:

Binance Signup Link: https://www.binance.com/?ref=11055137

♦ Recommended Hardware Wallet:

Ledger Nano X Backup Pack Link - https://www.ledgerwallet.com/r/befe

♦ Recommended 2nd Hardware Wallet:

Trezor Model T Link - https://shop.trezor.io/[email protected]

♦ Recommended Malware Protection for Computer & Mobile Devices:

MalwareBytes Link - http://www.tkqlhce.com/click-8628825-12849560

♦ Recommended Encrypted Email Account for Managing Cryptocurrency Accounts:

ProtonMail Link - http://proton.go2cloud.org/SH1f