The ABCs of Cryptocurrency
Simple Steps to Start Investing
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The ABCs of Cryptocurrency
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Narrado por:
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Brandon Pool
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De:
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Mary Baker
"The ABCs of Cryptocurrency: Simple Steps to Start Investing" serves as a comprehensive guide for individuals looking to understand and engage with the world of cryptocurrency. The book begins by explaining the concept of cryptocurrency, tracing its historical roots and the evolution of digital currency. It delves into blockchain technology, highlighting its key features such as decentralization, transparency, and immutability, while also exploring various use cases beyond cryptocurrencies.
The text provides an overview of major cryptocurrencies like Bitcoin and Ethereum, detailing their unique characteristics and introducing altcoins and tokens. Listeners will learn how to set up different types of wallets (hot, cold, hardware) and navigate exchanges to buy cryptocurrency safely. Security tips for storing digital assets are emphasized alongside an explanation of mining processes, including Proof of Work (PoW) and Proof of Stake (PoS), along with their environmental implications.
Additionally, the book covers smart contracts and decentralized applications (dApps), discussing their potential impact on various industries. It addresses token offerings such as ICOs, STOs, and IEOs while outlining associated risks. The regulatory landscape surrounding cryptocurrencies is examined in detail, considering legal challenges and market impacts.
Finally, listeners are introduced to cryptocurrency trading basics, investment strategies, technical analysis tools, common scams to avoid, upcoming innovations in the crypto space, future predictions for the industry, and real-world case studies demonstrating cryptocurrency's influence on everyday life.
©2025 Mary Elizabeth Baker (P)2025 Mary Elizabeth Baker