My 5 Tips For Investing in Cryptocurrency (Bitcoin, Ethereum, Litecoin)

My 5 Tips For Investing in Cryptocurrency (Bitcoin, Ethereum, Litecoin)

Looking to invest in cryptocurrency, more specifically, Bitcoin (hot topic)? Here is my 5 tips for first-time investors. Note, these tips are followed for any type of investing I do, but centered around Bitcoin, today.

What is a Bitcoin? Cryptocurrency? Why should I invest? How can I get started? If you’re curious, see the links below!

https://www.coindesk.com/bitcoin-explained-five-year-old/
http://www.businessinsider.com/what-is-bitcoin-the-cryptocurrency-explained-2017-5
http://www.blockchaintechnologies.com/blockchain-cryptocurrency

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2 Comments

  • Ross Alisha

    Reply October 29, 2018 1:41 am

    “Your Bitcoin wallets review was so helpful. I have read a certain comments and you say that Exchange-Wallet web service it is not good idea, because all risks it can have.
    In that way, what do you think about SpectroCoin services?

  • Rose Martine

    Reply November 13, 2019 1:58 am

    “As I am always researching when educating myself I came across this article. I just have to say that finally someone explained it well! As we know it’s all about binary numbers and computer langauage and I was so intrigued on the hows!

    Many people I find getting into this have really no clue! Again great article!

    My questions will be, just to confirm all database/journals stays within the Blockchain correct? So we are actually backing up the private key we get from walllets/exchanges that we use to talk to/access the Blockchain correct?

    Can one back up their private keys even tho their crypto currency is let’s say in an online wallet in what they call cold storage? It can there only be one key used at a time? So if I backup my wallet private key the wallet will be emptied and also the cold storage?

    It’s very strange that nobody has details on backing up their currency aka keys to access Blockchain…”

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