Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Bitcoin and Cryptocurrency Investing for the Layman
    Bitcoin and Cryptocurrency Investing for the Layman
    Bitcoin and Cryptocurrency Investing for the Layman
    Ebook83 pages1 hour

    Bitcoin and Cryptocurrency Investing for the Layman

    By Keith Kinney

    ()

    Read preview

    About this ebook

    There has never been a better time to invest in cryptocurrency!

    If you're reading this, that means you already know this, and you're ready to make your crypto fortune but have no idea where to start.

    At the beginning of 2018, Bitcoin made a staggering rise to $20k. 8 years prior, you could have picked up a whole Bitcoin for a fraction of a cent! What you might not know is that there are many coins that have made similar jumps, and there are plenty more with the same potential.

    Multimillionaires have been, and continue to be, made overnight.

    The good news? Anyone can be one of them in this new and wonderful market.

    Bitcoin and Cryptocurrency Investing for the Layman will be invaluable for anyone new to the crypto space, digital currency and the blockchain. No need to spend hours and hours trying to figure out the wheres and hows – we've done all the work for you. This book was written with the average person in mind, in clear and straight-to-the-point language that anyone can understand.

    You'll learn:

    • How and where to buy/sell cryptocurrencies

    • How to get 100% free coins

    • All about crypto mining

    • How to store your fortune and keep it safe

    • How to pick the best coins to invest in

    ...and so much more!

    This is the only book you'll ever need to start making serious money in crypto. So don't hesitate, grab your copy today!

    LanguageEnglish
    PublisherCrypto Rapture Publications
    Release dateFeb 22, 2018
    ISBN9781386974932
    Bitcoin and Cryptocurrency Investing for the Layman

    Related to Bitcoin and Cryptocurrency Investing for the Layman

    Related ebooks

    Finance & Money Management For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Is Crypto Investing Really Worth It?

      Apr 15, 2022

      There seem to be several camps of thought when it comes to investing in cryptocurrencies. The largest camp includes investment firms and investors who add certain “safer” cryptocurrencies to their portfolios after expending a minimal level of due dil

      4 min read

    • Article

      Crypto Kleptos

      Jun 17, 2019

      Crypto Kleptos
      2 min read

    • Article

      The Crypto Compendium

      Jun 3, 2022

      The Crypto Compendium
      16 min read

    • Article

      How To Trade Cryptocurrency

      May 15, 2023

      How To Trade Cryptocurrency
      6 min read

    • Article

      China’s Bitcoinban

      Nov 11, 2021

      In September, the Chinese central bank and the country’s regulators suddenly announced a ban on crypto transactions in the country, a move that immediately saw the Bitcoin price fall by 9%. “It wasn’t a huge surprise to see that China had taken that

      1 min read

    • Article

      COVID 19 Impact on Bitcoin:

      May 3, 2021

      Even though COVID 19 had a severe impact on the Global Economy, Bitcoin proved resistant. The value of Bitcoin was halved in March 2020, but currently, it has reached an all-time high. The major reason was the loss of jobs during the pandemic, result

      1 min read

    • Article

      Crypto Trading 101: Identifying Safe (Or at Least Safer) Cryptocurrency Exchanges

      Apr 23, 2018

      Those interested in dipping their toes into Bitcoin, Ethereum or other emerging currencies first need to do some digging into which exchange they will use in this investing Wild West. Choosing the wrong exchange could possibly mean losing all your co

      4 min read

    • Article

      9 Ways to Cut Crypto Taxes Down to the Bone

      May 20, 2021

      Cryptocurrency is one of the hottest topics in the financial news right now. Although it's a volatile market, statistics show that crypto investors have turned significant profits in the technology's early innings. Over the past few years, we’ve cert

      6 min read

    • Article

      What Is ‘Blockchain’ And What Does It Mean For Me?

      Jan 4, 2018

      You may have heard of blockchain, but still be confused about exactly what it is, what the hype around it really means, and how it could affect you. “…there is a bit too much hype surrounding the term ‘blockchain.'” Roger Wattenhofer, a professor of

      1 min read

    • Article

      Playing Safe

      Jan 30, 2018

      Playing Safe
      3 min read

    • Article

      Why New York City Needs Its Own Cryptocurrency

      Feb 22, 2018

      Money used to be local. The first non-precious metal coins emerged as a natural consequence of trade, and were seldom accepted as currency outside the city-state on the Grecian coast that minted them. Then nation-states emerged and central banking wa

      5 min read

    • Article

      Why Trading In Bitcoin Or Other Cryptocurrencies Is Playing With Fire

      Jun 8, 2018

      The two biggest players for digital advertising may have finally halted the blockchain hype. In March 2018, Google updated its financial services advertising policy. With these changes, ads for "Cryptocurrencies and related content (including but no

      4 min read

    • Article

      Why Are Bitcoin Prices So Volatile?

      Aug 12, 2021

      Life as a bitcoin (BTC) investor can be a bumpy ride. The world's most famous cryptocurrency has confounded commentators since its inception in 2009 to climb to mind-bogglingly high values, but bitcoin prices have nonetheless still been punctuated by

      5 min read

    • Article

      What is Really Happening in Precious Metals Markets?

      Jul 20, 2020

      In 2020, there has been another modest surge of interest of Americans wanting to own some physical precious metals, especially gold and silver. People are becoming more aware that governments’ inflation of the money supplies is almost certain to redu

      5 min read

    • Article

      The Chain

      Jun 2, 2022

      The Chain
      4 min read

    • Article

      Crypto vs. Forex Trading: What You Need to Know

      Oct 6, 2021

      New ways of managing, transacting and investing our money continue to emerge as the financial world around us evolves. One major change seen in the last decade has come from the rise of cryptocurrencies (or "crypto," if you prefer brevity) – digital

      6 min read

    • Article

      It’s A Scam

      Apr 21, 2022

      It’s A Scam
      3 min read

    • Article

      How Do I Spend My Bitcoin? (And Where?)

      Nov 2, 2021

      A recent rally to all-time highs has sparked yet another wave of interest in Bitcoin (BTC). Logically, much of the renewed emphasis is on Bitcoin as an investment. But BTC is also at its core a digital currency, and with every day that goes by, a gro

      4 min read

    • Article

      Why I Still Need Some Convincing Over The Prospects For Bitcoin

      Feb 17, 2021

      If Independent readers’ inboxes are anything like mine, they will be full of advertisements – of varying degrees of legitimacy – about how to make a fortune buying Bitcoin. Some of the emails I get, purporting to be from all kinds of famous people,

      4 min read

    • Article

      Flying Blind With Bitcoin: Should You Invest, too?

      Jan 23, 2018

      I can't tell you the number of phone calls I've fielded about bitcoin in recent months. The shocking rise of cryptocurrencies this past year triggered a wave of media attention on this new form of money as an investment. Even my kids have asked me ab

      5 min read

    Related categories

    Reviews for Bitcoin and Cryptocurrency Investing for the Layman

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Bitcoin and Cryptocurrency Investing for the Layman - Keith Kinney

      BITCOIN AND CRYPTOCURRENCY

      INVESTING FOR THE LAYMAN

      BY KEITH KINNEY

      BITCOIN AND CRYPTOCURRENCY

      INVESTING FOR THE LAYMAN

      Copyright © 2018 Keith Kinney

      Published by Crypto Rapture Publications

      The moral right of Keith Kinney to be identified as the author of this work has been asserted in accordance with the Copyright, Designs and Patents Act, 1988.

      All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanic, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher.

      Table of Contents

      Title Page

      Foreword

      Introduction

      Getting Started

      – Faucets

      Wallets

      – Online

      – Desktop

      – Mobile

      – Paper

      – Hardware

      Buying Bitcoin

      – Exchanges

      – ATMs

      – Other ways

      Altcoins

      Choosing Coins

      Coins, Coins, Coins

      Utility Coins

      Exchanges

      Mining

      – Proof of work

      – Proof of stake

      – Setting up a VPS

      – Masternodes

      – Hard drive mining

      – Cloud mining

      Safety & Security

      – Wallet care

      – Exchange care

      – Trading care

      Tips & Tricks

      Final Words

      Cryptionary

      Useful Links

      Foreword

      There is no shortage of technical Bitcoin/cryptocurrency guides out there, you’re probably well aware by now. Complex, hefty door stoppers filled with tech jargon that makes the average person’s head spin. I know, I was one of those people. With that in mind, I decided to take a different approach with this book. While the overly complicated tomes have their place and are crucial for tech professionals, the average person simply doesn’t need all of that mumbo jumbo. A deep understanding of how the technologies work isn’t a requirement for making serious money in crypto.

      This book is the only book you’ll ever need to get started with Bitcoin and the other digital currencies. You’ll learn how to buy, how to trade, how to store, how to mine, and even how to get free coins. And all in easy-to-understand, straightforward language.

      Before you do anything, hop on over to Bitradio, Steemit and Dtube, and sign up to start earning free coins for listening to your favourite radio stations, blogging and making videos. There are no catches whatsoever. These are great ways to earn money doing what you love.

      Disclaimer: Nothing in this guide is financial advice; it's merely a guide on how to invest, not what to invest. You should do your own research before investing in any coin.

      Introduction

      At the time of writing this book, Bitcoin sits at $10,000, following a high of $20,000 at the beginning of 2018. At the start of 2017, you could pick up a whole Bitcoin for $900. Let that sink in for a minute. That’s a jump of 1011%. Huge rise, right? Especially when you consider how Bitcoin first came about...

      Bitcoin: A brief history

      2008 saw the start of the global economic crash, and a widescale loss of trust in banks and financial institutions. What emerged with this crash was the realisation that a better, more decentralised way of storing and transferring money was necessary. Decentralised in that no institutions owned or controlled distribution of money.

      Enter Satoshi Nakamoto.

      In 2009, Bitcoin was born. Nakamoto, a person (or perhaps group of people) whom no one has ever seen or met, set out to address the issues plaguing the traditional banking system. His vision: a system without limitations, without borders, without regulation. A truly free way of transferring wealth, both anonymously and globally.

      There are a number of theories floating about on the Internet as to Nakamoto's true identity, with some speculating that the government is actually behind Bitcoin's creation. While it seems unlikely, given the government's constant attempts to stifle the growth of cryptocurrency, we simply can't be sure.

      So what exactly is Bitcoin, and how does it work?

      Bitcoin is a decentralised digital currency and payment system. That’s the technical definition. So what is that in layman’s terms? Well, unlike

      Enjoying the preview?
      Page 1 of 1