Beginners Bitcoin Musings?

Ever wake up one morning and think to yourself:

“Jeepers self, if only I could make zillions of moooooolas via the MotBC (Mysteries of the Bitcoin Craze)!”

If so you’re definitely not alone – like everything these days, all of the possibilities and dreams of wealth are highlighted with those teeny tiny considerations of NEVER investing more than you can afford to lose…. being somewhat mentioned as a footnote the size of an ant’s toenail (yes, it certainly IS possible to profit from Bitcoin as you can see from

askblings.com/dabplan

). But you *must* get educated!).

That’s why you’ll love the following (and be sure to return back once you’re done so you can benefit from the additional resources I uncovered for you):

cointelegraph.com/bitcoin-for-beginners/what-is-bitcoin

There, you’ll discover goodies like:

“The concept of Bitcoin first came into existence in 2008 via a white paper written by a pseudonymous entity. In 2009, Bitcoin (BTC) went live on the web. The asset functioned more as a currency in its early days, gaining popularity and use through the years.

Though it started out virtually worthless in U.S. dollar terms, Bitcoin’s price rose through time to eventually be worth more than $50,000 per coin. The asset is now often viewed in the crypto industry as more as a vehicle of wealth storage than a currency…..”

and

“The time, energy and resources put into securing the network and validating transactions is rewarded with the protocol currency and accumulated transaction fees, providing an economic incentive for miners to remain good actors despite particular groups possibly obtaining a majority of the hashing power and thus becoming capable of compromising the entire network.

Not only did Satoshi use the proof-of-work algorithm as a mechanism for issuing a currency, they also used it as a consensus mechanism, as the longest chain of confirmed blocks is always the leader. This has since become known as Nakamoto consensus……”

and more!

Mastering Bitcoin for Beginners is a topic that could make for a grand challenge, cheatsheet, tutorial and more. You could structure it like so:

Step 1.) Get Into The Right Mindset, it’s Not for the Faint-Hearted

Need help with that? Consider:

www.coindesk.com/markets/2014/01/09/still-dont-get-bitcoin-heres-an-explanation-even-a-5-year-old-will-understand/

www.sepaforcorporates.com/payments-news-2/bitcoin-explained-understand-either-until/

www.youtube.com/watch?v=41JCpzvnn_0

Next, move to:

Step 2.) Learn What Is Required TO Invest and Profit (and even Zero Cost Crypto)

Need resources for that? Check out:

academy.binance.com/en/articles/crypto-wallet-types-explained

time.com/nextadvisor/investing/cryptocurrency/how-to-get-free-crypto/

www.nerdwallet.com/uk/investing/how-to-invest-in-bitcoin/

Finally, move to:

Step 3.) Armed with Your Knowledge, *NOW* Begin Your Profit Quest

Need ideas for that? Consider:

www.cnbc.com/2021/07/27/cryptocurrencies-can-be-a-tool-for-building-personal-wealth-long-term.html

www.benzinga.com/money/best-long-term-cryptos/

askblings.com/dabplan

Good stuff!

Your takeaway?

Bitcoin, like stock investing, is a way to possibly increase your profits, and also lose them the next time a celebrity tweets something negative about a coin you are holding. Still, though, if you are disciplined enough, it could be something most useful indeed….

Why not take advantage of that today?

Enjoy!

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