▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
This is an ULTIMATE guide for beginners on how to get started in bitcoin investment and Cryptocurrency.
Bitcoin has been one of the most discussed investment over the couple of years now, it has indeed made a lot of people rich.
This video is to help the uneducated people to know how to invest in bitcoin, that’s the whole point of the video. Giving beginners guide to invest in bitcoin, so they can be actually be educated before choosing to make investment.
We’re going to go over 3 key questions related to bitcoin in this video.
1. How Bitcoin Is The Best Performing Asset?
2.How Bitcoin Is Going To Be The Future Adopted Cryptocurrency?
3.How Do We Investing In Bitcoin?
So bitcoin is the biggest form of cryptocurrency, that’s mostly known and it’s the one that has been most adopted.
Now to understand Cryptocurrency. Firstly, you have to understand what money is. Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy.
Money itself doesn’t have any value, back in the days we could exchange money for gold but today money is not backed with anything. The only reason money is valuable is because we have all agreed and accepted as a form of payment for transactions.
Now, the problem with money is that’s centralized. It’s Controlled by the government and the central bank. If you choose to send money overseas, you get hit with exchange fees and exchange rate. If you also make transactions you’re often hit with more fees. The great thing about cryptocurrency, most especially bitcoin, it solves all of these problems.
Bitcoin is not centralized, its decentralized. You don’t have to rely on one central banks ledger to keep tracks of everyone’s money, which none of us can’t see. But Bitcoin every computer that participates in the system keeps a copy of the ledger, so it’s basically impossible to takedown the system because you will have to takedown thousands of computers that keeps copy of the ledgers.
So you see that all of the problems that is associated with Money. Cryptocurrency solves all of it!
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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