I Hate Bitcoin, But I Like Crypto
Image Source: Pixabay
We hear about Bitcoin and other Cryptos all the time… mainly from the ones that made a lot of money with them! As they are part of the investment world, here’s a guide to help investors understand what it is, what it is used for, the pros and cons, and my opinion and experience. If you’re a beginner in crypto, you’re at the right place!
You’ll Learn
- Cryptocurrency is digital money validated by computers all around the world. You can think about it as a chain of Legos. There’s no identity required to hold some… but that also means no protection.
- Bitcoin is probably the most popular or known crypto. But there are many others, like Ethereum. What are the differences, and which one seems more useful?
- Tokens are easy to create; it only takes a couple of minutes! NFTs are a type of it. However, many scams open the doors to hackers. Is the fun still worth it? How should you address such an investment? I share my own experience.
- How can we explain the hype around Bitcoin and other cryptos?
- Why do I hate Bitcoins but like crypto? Is there even a difference?
- Many investors are tempted to say that Bitcoin is the new gold. But past performances tell a different story. I explain why I don’t see a correlation and what is the place of cryptocurrency in our future.
Audio Length: 00:43:17
More By This Author:
What’s On My Buy List?The Story Behind High-Risk Tolerance
The Best SAAS Stocks
Disclaimer: Each month, we do a review of a specific industry at our membership website; Dividend Stocks Rock. In addition to have full access to 12 real-life portfolio models, readers can also ...
more