How to Invest in Cryptocurrency – For Beginners
We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
Bitcoin (BTC)
Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
Ether Hits an All Time High; Rest of the Market Dips
Ether (ETH) hit an all time high on January 9th due to a series of events explained below. Unfortunately, most of the rest of the market suffered a correction.
Bitcoin Basics and Beyond
Bitcoin (BTC) is a digital asset, specifically a “cryptocurrency.” Bitcoin transactions are recorded on a decentralized and distributed digital public ledger called a blockchain.
Merrill Lynch Bans Clients From Trading GBTC and Bitcoin Futures
Merrill Lynch has banned clients from trading the Bitcoin Investment Trust (GBTC) and Bitcoin futures due to concerns about these Bitcoin related investments.
Bitcoin’s Stagnation Gave Way to an Altcoin Boom
In general, when Bitcoin stagnates it gives altcoins a chance to run. The Bitcoin stagnation that started in December 2017 set the stage for an altcoin boom like few before it.
Bitcoin is Struggling; But Those Who Sell Risk Missing the Forks
Bitcoin has struggled to stay in the $14k range after hitting a high of $20k. Logic might say sell and wait, but those who sell could miss a number of forks.
How to Get “Forked Coins” From Bitcoin Forks
To get “free coins” from a Bitcoin fork, you need to have Bitcoin on a platform that supports the fork before the block height at which the fork occurs.
Bitcoin Private Fork (Zclassic + Bitcoin Fork)
Zclassic (ZCL) plans to fork Bitcoin (BTC) to create Bitcoin Private (BTCP). Holders of both Zclassic and Bitcoin will qualify for the Bitcoin Private fork. The snapshot date is February 28th, 2018.
Will Coinbase/GDAX Support All Bitcoin Forks?
Many Bitcoin forks have occurred or been announced. We know Coinbase/GDAX supports Bitcoin Cash and Bitcoin Gold, but will they support the new forks?
Hello Correction; Crypto Went on Sale in Time for the Holidays
Sometimes the cryptocurrency market corrects by 25% or more. Dec. 21 – 22, was one such time. From a positive frame, crypto just went on sale for the Holidays.