โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
Today I explain what bitcoin & other crypto coins are for beginners. I’m going to show you how to invest in crypto for beginner’s in a 2021. This isn’t a full on step-by-step guide, but it should give you an idea of what each cryptocurrency is all about!
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Intro 00:00
Crypto 1: Bitcoin (BTC) 01:06
What Bitcoin Actually Is: Many people consider bitcoin to be the first real cryptocurrency and are excited about a future where we all use the digital money.
Why People Invest In Bitcoin: Well as more money is printed the less the same amount of money can actually buy us. Thatโs why they are starting to turn to bitcoin, as there will only ever be a limited amount of bitcoin created, 21 million to be exact.
Crypto 2: Ethereum (ETH) 03:26
What Ethereum Actually Is: Ethereum is the second biggest crypto and itโs far more than Bitcoinโs less attractive younger brother as they have entirely different purposes.
Why People Invest In Ethereum: Ethereum combines money with technology in a way we have never seen before.
The Technology: One of the best features is something called a smart contract. Our governments could use this to give struggling people & businesses money, a lot like the stimulus cheques but much smarter.
Crypto 3: Cardano (ADA) 05:35
What Cardano Actually Is: They have often claimed that if Ethereum is second generation blockchain then they are 3rd generation.
Why People Invest In Cardano: They are led by some of the best scientists & engineers in the world. Their aim is to the fastest, most cost-efficient and scaleable blockchain in the world.
The Technology: Cardano is a blockchain platform built on the groundbreaking Ouroboros proof-of-stake consensus protocol.
Crypto 4: Litecoin (LTC) 06:39
What Litecoin Actually Is: This is actually the baby brother of bitcoin, created by a fork. It’s base level code is the same as bitcoin’s.
Why People Invest In Litecoin: Itโs among the oldest cryptocurrencies and has always maintained itโs spot in the top 10. Itโs also often called the digital silver to bitcoins digital gold.
Crypto 5: Chainlink (LINK) 07:42
What Chainlink Actually Is: Chainlink is actually built on top of Ethereum and helps make smart contracts possible, think of it like the glue that sticks everything together.
Why People Invest In Chainlink: If you agree that programmable money is the future then this would be a great investment.
Crypto 6: Stellar (XLM) 09:29
What Stellar Actually Is: The Stellar network because it allows people to move money across boarders quickly, reliably and for fractions of a penny.
Why People Invest In Stellar Lumens: As the world is changing this new technology is being adopted by people as well as banks.
The Technology: The Stella network would allow me to convert my 100 Pounds into tokens. Send those tokens to you and then you can convert them to US Dollar tokens using the best conversion rate.
Crypto 7: Polkadot (DOT) 10:44
What Polkadot Actually Is: Polkadot can build bridges to all the different technology we have talked about.
The Big Spin! 11:55
CONTACT:
For business inquires only, please use this email: mark@marktilbury.com
*Some of the links and other products that appear on this video are from companies which Mark Tilbury will earn an affiliate commission or referral bonus. The Info in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
โถ Coinbase Website: Coinbase.com
โถ CEX Website: cex.io
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