Ok it seems like everybody is talking about Crypto Currency Coins, Bitcoin, Alt- Coin Markets and the like. We see young in the know millennials driving Lambos . The crypyto jargon for making is rich. Your kids are talking about it and now even the main stream media is picking up on the “Bitcoin” thing. Is it legitimate? Is it a rip off. Should I get in on the game? Most of all, is it too late?
Those questions must be answered by yourself after you follow this guide into determining the validity of “crypto currency”.
Step one: Familiarize yourself with the “jargon”. Click here:
Now that you know what “hodl” is and pump and dump proceed to an exchange: Coinmarketcap.com is a wonderful resource and it is free.
Here you will see things like “market cap” “trends” and charts. Learn to navigate them and explore that tools. There are many exchanges, some exchanges will trade in Bitcoin or Etherium or Lite coin. Not US Dollars or Fiat Currency. So if you are to get in the game, you will have to purchase one or all of these three coins right off the bat.
Learn how to read the exchanges
Youtube
Instead of watching the mind numbing crap on the tv, spend a couple of evenings watching one or all of these people on YouTube. Some give daily updates and are very good at what they do. Conversely, none of these people will try and get you to buy a coin just to pump up the price. The best thing you can teach yourself is to recognize a “pump and dump” scheme and ignore them. Here is the list. YOu will also learn the significance of Circulating supply and Total supply.
Here is the list:
Data Dash
Crypto’s R US
Crypto Happy Hour
Everything Crypto
Watch these people and you will be ready to start trading Crypto currency.