Bitcoin for Profit
- Narrated by: Mandy Grant-Grierson
- Length: 1 hr and 58 mins
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Buy for $6.95
This audiobook will teach you about Bitcoin (BTC) and cryptocurrency, how they work, why they exist, and what kind of technology is behind Bitcoin. It wasn't too long ago when people started hearing the words Bitcoin and cryptocurrencies.
Bitcoin is the first successful cryptocurrency in history. It became successful because of the many positive merits not found in traditional or fiat currency (this is your country's national currency). In this audiobook, you'll find out about all the advantages Bitcoin has over fiat currency.
Bitcoin is fast becoming integrated into the everyday lives of people living in developing countries with unstable and hyper-inflated national currencies. Bitcoins are proving to be a much more viable solution to solving the financial woes of their citizens. Bitcoin has a massive appeal for the masses in developing countries.
Trading and investing may sound the same, but they are as different as day and night in reality. Trading refers to a short-term profit method from buying and selling Bitcoins while investing refers to a long-term strategy where a buyer will hold on to their Bitcoins for a long time and ride out any dips in the market price.
There are two general types of wallets to keep your Bitcoins and other cryptocurrencies safe. There are cold wallets and hot wallets. In this audiobook, you'll find out the pros and cons of each type of wallet so you can make an informed decision when choosing which wallet.
In this guide, you will learn many benefits of using Bitcoin, cryptocurrency, and blockchain technology. While investing in cryptocurrency may be in your long-term interests, it's always a good idea to do in-depth research on which cryptocurrency to support.