Blockchain: Understanding The Technology Of Bitcoin And Cryptocurrency

352 Pages·1.093 MB·English

by  Branden Lee

BLOCKCHAIN: UNDERSTANDING THE
TECHNOLOGY OF BITCOIN AND
CRYPTOCURRENCY
This Book Includes- Cryptocurrency Investing, Bitcoin, Blockchain
BRANDEN LEE
CONTENTS
Cryptocurrency Investing
Introduction
Chapter 1: What are Cryptocurrencies?
Chapter 2: What is the Blockchain?
Chapter 3: How is the Value of Cryptocurrencies Determined?
Chapter 4: The Benefits of Investing in Cryptocurrencies
Chapter 5: Setting Up Your Own Cryptocurrency Account
Chapter 6: Properly Storing Your Currency to Keep It Safe
Chapter 7: How to Mine Cryptocurrencies
Chapter 8: The Buy and Hold Strategy
Chapter 9: The Day Trading Strategy
Chapter 10: Becoming Your Own Broker
Chapter 11: Starting Your Own Business to Make Money
Chapter 12: Other Methods to Make Money with Digital Currencies
Chapter 13: Tips for Picking Your Winning Strategy
Chapter 14: Learning How to Avoid the Scammers
Chapter 15: The Role of the Government
Chapter 16: The Best Cryptocurrencies to Watch in the Future
Conclusion
Bitcoin
Introduction
Chapter 1: The History of Bitcoin
Chapter 2: Why Should I Work with Bitcoin?
Chapter 3: Understanding Blockchain – How This Ledger Keeps the
Network Safe
Chapter 4: Getting Your First Coins
Chapter 5: Picking Out The Right Wallet To Keep Your Coins Safe
Chapter 6: Can I Remain Anonymous with Bitcoin?
Chapter 7: The Process of Mining in Bitcoin
Chapter 8: The Best Ways to Invest in Bitcoin
Chapter 9: How is Bitcoin Being Received Around the World
Chapter 10: Are There Ways to Stay Safe While Using Bitcoin?
Chapter 11: Tips to Increase Your Return on Investment
Chapter 12: Where Bitcoin Will Go in the Future
Conclusion
Blockchain
Introduction
Chapter 1: Understanding the Blockchain Structure
Chapter 2: The Blockchain Technology – How Does It Work?
Chapter 3: Blockchain Outside of Finance
Chapter 4: Blockchain Mining
Chapter 5: The Story That Started It All
Chapter 6: The Future of the Blockchain
Chapter 7: The Legal Side of Blockchain
Conclusion
CRYPTOCURRENCY INVESTING
Unlocking the Lucrative World of Cryptocurrency
INTRODUCTION
Congratulations on downloading this book and thank you for
doing so.
The following chapters will discuss all that you need to know
about investing in cryptocurrencies. Cryptocurrencies are
relatively new, with the first one being developed in 2009, but
they have taken off like crazy. Bitcoin was once worth just $1 for
each coin, and now it is worth more than $11,000 per coin in just
a few short years. Many other digital currencies are seeing the
same kind of increase in value and many people now prefer to
work with these currencies rather than their traditional
currencies.
Because the love for digital currencies has grown so much, now
is the right time for investors to get into the market. The value
of most digital currencies will continue to grow, and getting in at
the right time and learning how to read the market, will ensure
that you see a big return on your investment in no time. This
guidebook will provide you with the information that you need to
get started as an investor and see some good results.
Inside, we are going to touch on all the basics that you should
know to become an expert at investing in digital currencies. In
addition to talking about some of the best strategies for trading
in cryptocurrencies, we are going to talk a bit about what these
currencies are, how to choose the best one, how to store the
coins and keep them safe while you are investing, and even how
to avoid scammers along the way. With the help of this
guidebook, you will get all the tips that you need to effectively
use your digital currencies without having a lot of questions
along the way.
As a beginner investor, there are a lot of things you may be
wondering about when it comes to getting started. Let this
guidebook help you to answer some of those questions so you
can get started on the right track in no time.
There are plenty of books on this subject on the market, thanks
again for choosing this one! Every effort was made to ensure it is
full of as much useful information as possible. Please enjoy!
CHAPTER 1: WHAT ARE CRYPTOCURRENCIES?
The idea of cryptocurrencies is relatively a new idea. Just a few
years ago, it was an idea that no one thought would ever become
a reality. Who would think that you could have a whole currency
available online, one that you are not even able to get paper
versions of, and that didn’t have a central authority control
them? Today, there are many cryptocurrencies available, with
the most notable being options like Bitcoin and Ethereum.
While many people have heard about these various
cryptocurrencies and some may even use cryptocurrencies on a
daily basis, understanding how these currencies work is not that
well-known. Most don’t understand how these currencies
started, how they work, and what technology is behind them to
ensure that they will be trustworthy and work the way that
people want them to. So, let’s take a look at these digital
currencies and what they are all about.
To start, a cryptocurrency is going to be a medium that you can
use for exchange, just like what you will find with traditional
currencies. The big difference that you will notice is that these
cryptocurrencies are designed to exchange information digitally
through the blockchain. This means that you will be able to use
these cryptocurrencies just like you can with your traditional
currencies, but all of the transactions will be completed online,
rather than with the paper currencies that you would use at the
store.
There are quite a few currencies that are available for you to
choose from. The first cryptocurrency was Bitcoin, and it was
developed in 2009. Once Bitcoin started to gain popularity
throughout the world, many more cryptocurrencies, which are
now known as Altcoins, became available. Some work similar to
Bitcoin, but there are a few that were designed for slightly
different uses.
Cryptocurrency is going to happen completely online. You will
not be able to print off the coins or convert them into paper
money to use. This is because when the cryptocurrencies are
used, either to send money or to finish another transaction, it is
going to be converted into lines of code that have a monetary
value. This is why cryptocurrencies are often going to be known
as digital currencies.
In addition to being able to use these currencies online, another
benefit of using cryptocurrencies is that there isn’t a central
authority that is controlling them. With the economic issues of
2008, many people throughout the world stopped trusting
government control over their money and were excited that
cryptocurrencies provided them a way to have a trustworthy