#Bitcoin
& other cryptocurrencies
A BEGINNERS GUIDE.
- THREAD
Something a bit different today for you fine people.
In today's thread, I'm going to discuss #Bitcoin
& some other cryptos
Let's dive in -pic.twitter.com/JpsEtlQFpy
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the history of money and how it links through to modern times and bitcoin.
A wonderful read.
if you wish to get into buying and selling bitcoin, simply just sign up to an exchange @coinbase is the most straight forward for newbies, very easy to use and you can also trade manypic.twitter.com/qaanMo2apN
other cryptos on there also.
Don't be intimidated by new markets and innovations, sure, we all know there has been a lot of scams over the years, but #Bitcoin
is the real deal and I personally love it and I'm glad I took the time to learn about it.
I hope you guys do too
After the rise of bitcoin, countless other cryptos have been born into the market. The major ones are in my view, Ethereum, Litecoin & Link, however, there is MANY more, please explore these coins as they can be very handy to have and they can also be VERY lucrative if youpic.twitter.com/xYHHoge0mE
can time your entry and exit points carefully. Please be aware, however, the crypto markets are VERY volatile, which means the price goes up and down very rapidly sometimes. So, (like any other investment) only put in what you can afford to lose and NEVER borrow to invest.
I believe these markets will become critical in the next decade, so if you can get into the habit now of investing a little each week or month and just let it build up over time, eventually it will give you a really healthy return, you just need some basic information and a wantpic.twitter.com/A0FeQF050l
to go and learn something new, that's different from conventional ways of storing your wealth.
One day it will pay off and you will be glad you read this thread.
The founder of McAfee anti-virus software @officialmcafee famously claimed the price of bitcoin would one daypic.twitter.com/TAwp5jxgOh
hit 1 million dollars per coin, this may have been tongue in cheek, as he is a serial prankster but I would never write big John off, he has a fine mathematical mind and really knows his stuff when it comes to bitcoin, other cryptocurrencies & mind-altering drugs.
I hope you guys enjoyed this basic overview and have now gained some insight into the world of Bitcoin and cryptocurrencies, however, I do warn you all, once you get this virus into your mind, you may struggle to become free from it!
END THREAD.
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