Bitcoin Guide for Beginners and Dummies
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Mey Irtz. Bitcoin Guide for Beginners and Dummies
PUBLISHER NOTES:
Introduction:
What are Cryptocurrencies?
Chapter 1: The Transaction Properties of Cryptocurrencies
Immutable
Pseudonymous
Global Transactions at Speed
High Security
No Permissions
Chapter 2: The Monetary Properties of Cryptocurrency
There is a Controlled Supply
Bearer not Debt
What is Bitcoin?
Why does Bitcoin enjoy Value Jumps?
The Price of Bitcoin
When should you buy Bitcoins?
Go for Long Term Bitcoin Investment
Chapter 3: Bitcoin Investment Strategies
Long Term Buying and Holding
Short Term Bitcoin Trading
Mining for Bitcoins
Doubling your Bitcoins
Chapter 4: The Bitcoin Process
Bitcoin Miners are Essential
No Trust Required
Chapter 5: Purchase Bitcoins
Coinbase
Kraken
Poloniex
Bittrex
Chapter 6: Get Paid using Bitcoin
Carry out Work for Bitcoins
You can Sell Products and Services
Websites that Pay in Bitcoin
Bitcoin Faucets
Chapter 7: Bitcoin Mining
Online Bitcoin Wallets
Mobile Bitcoin Wallets
Desktop Computer Bitcoin Wallet
Paper Bitcoin Wallet
Hardware Bitcoin Wallet
Chapter 8: Strategies for Bitcoin Trading
Learn and get as much Practice as you can
You need a Trading Plan
Practice with Small Amounts
Keep your Emotions in Check
The Dollar Cost Averaging Method
Investing a Lump Sum into Bitcoins
Bitcoin Investing Hedge Fund
Chapter 9: Bitcoin Exchanges that are Fake
Phishing Scams
Malware Scams
Ponzi Scams
Mining Scams
Chapter 10: Bitcoin Mining – All About Bitcoin Mining
Bitcoin Mining Terms You Should Get To Know
CPU (Computer Processing Unit):
GPU (Graphical Processing Unit):
FPGA (Field-Programmable Gate Array):
ASIC (Application-Specific Integrated Circuit):
What Is The Blockchain?
What Exactly Is Bitcoin Mining?
Bitcoin Mining And Mining Difficulty
Bitcoin Cloud Mining – An Alternative To Joining Mining Pools?
Is Bitcoin Mining Profitable?
Chapter 11: The Future Of Cryptocurrency
Massive Support From The Masses
Bitcoin In Developing Economies
Fast And Cheap International Payments
Combat Crime and Corruption
Will You Be A Part Of Cryptocurrency Revolution?
PUBLISHER NOTES:
Legal Notice:
Disclaimer Notice:
Table of Contents
Отрывок из книги
Mey Irtz
Bitcoin Guide for Beginners and Dummies
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People like the idea that any governments or central banks do not control Bitcoins. They also like the fact that Bitcoin transactions are pretty anonymous. Yes there is a record of all Bitcoin transactions but very few include real world identities.
The first thing that you need to know is that Bitcoin is volatile. The value of a single Bitcoin has gone up and down over the years. This is not particularly a bad thing as other investments go up and down too. You need to be a smart investor with Bitcoin.
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