Bitcoin for beginners? - Start now - it's going to be huge!
My partner has been investing in Bitcoin since around 2014 and over the last year I have watched his investments grow and followed the patterns of the charts and the associated news around the currency, thus growing my own interest and desire to learn more. As the popularity and of course the price of Bitcoin (and Bitcoin Cash) grows, there is a massive opportunity to make enough money to change lives for the better.
I would like to earn a piece of that pie.....
My interests in block-chain technology & crypto currencies has grown rapidly over the last few months and I shall be learning a little each day and regularly sharing what I learn so that other beginners can take something from it and hopefully share the information too. Now that I have spent the last 6 months learning about block-chain technology and dabbling a little with demo crypto accounts I am going to start investing more money into it and sharing some of my progress.
On a demo account I created on the Plus500 app. I began with a virtual balance of £20,000. I have used this to buy and sell Bitcoin, Ethereum, Bitcash, Ripple, Dash and a few others. I have been doing this for around 5 months now and I currently have £1,062,826 equity from that. Although this is virtual money, it was all accumulated on the real markets. It is clear to me that both fundamental analysis and technical analysis both have a large part to play when trying to predict the market for all of these crypto currencies. I would like to make some money from this.
I only had £80.00 to invest into this for real money, so using Coinbase I bought some Ethereum and Bitcoin. The balance of this is now £266.80. That is a higher percentage of interest in around 14 weeks than you could get from any bank. It sounds unbelievable and yet I am watching this happen day by day.
I have found so many useful videos on YouTube and dtube that have educated and inspired me to take a leap into something that I truly believe is going to just get bigger and bigger - I will share the links - Here is a simple video giving a basic explanation of block-chain technology and a brief introduction to Bitcoin. It is a good starting point.
Bitcoin is going to be huge.
I originally joined Steemit in July with the best intention of putting as lot of time and effort into making a good page based around the things of interest to me.
Unfortunately, life happened as it does and it prevented me from being able to see this through .... at the time.... however I am now in a position to get involved with the wonderful world of Steemit with some consistency.
I wanted to pick one specific topic per post, however most days I have something to say about a lot of things, and these interests can change as I learn more information and experience more life.
So my new intention for my Steemit account is to write regularly about whatever is inspiring me at the time and I will see where this leads to.