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Summary

Bitcoin is a household name that everyone wants to talk about now. Everyone is excited about how much this currency has grown in the past few years, and many people watch the market as they are watching their daily news. While there is a lot of excitement around Bitcoin and how it is doing, many people do not understand what this currency is or how it works. This guidebook will take some time to look at Bitcoin and discuss everything that you need to know about the network, whether you are looking to purchase things, send money, receive money, or invest in the network.

There are a lot of exciting things to learn about Bitcoin, and this guidebook will take some time to talk about them. Some of the things that you will learn about in this guidebook include:

  • What Bitcoin is
  • The benefits of using Bitcoin
  • How Bitcoin is different from traditional currencies
  • What the blockchain is all about
  • How to get your first coins
  • The importance of picking out a good wallet
  • How to keep yourself and your coins safe
  • The best ways to invest in Bitcoin
  • How Bitcoin is accepted around the world and the future of Bitcoin
  • Ways to reduce your investing risks

When you are ready to get started in Bitcoin and make some good money with investing, make sure to check out this guidebook to help you get started.

©2018 Branden Lee (P)2018 Lee Digital Ltd

What listeners say about Bitcoin: Guide to Cryptocurrency Trading and Blockchain Technology

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Simplifies the economics, technology and business

Mr. Lee is a specialist on Bitcoin and Blockchains. I have thoroughly enjoyed this course.

The course contains A-Z of bitcoins and blockchains that you need to know if you want to involve yourself in Bitcoin and Blockchains.

Simply give this course a GO and you will never regret it.

24 people found this helpful

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The concept is great

At the oldest time, and still even today, Bitcoin was a leader in the industry. There had been other times when a digital currency was tried out, but often it was supported by a big company who wanted to give it a go. They may have had trouble with the ledger working right, trouble with showing enough transparency, and sometimes they just had internal trouble that made it hard for the currency to stick around and survive. At the time that Bitcoin came out, many people had given up on the idea of having a digital currency that would work for more than just gaming. However, Bitcoin was a new idea that caught on quickly. Most experts believe this is because it came out at the perfect time in history to be accepted. It came out in 2009, right after huge economic crashes happened all throughout the world. People were frustrated with how their governments had been handing money all this time and they liked the idea that they could use a currency that was simple and did not have that government control at all. While Bitcoin has a slower start getting going and it was associated with the black market and some illegal activities in the beginning because of the nature of its anonymity, it has quickly caught on in the mainstream and now there are people all around the world who have decided to start using this currency to help them to send payments, make purchases, receive money, and even to invest. The value increase in Bitcoin has been crazy over the past few years, and people are taking notice.

19 people found this helpful

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Independence Indeed

Bitcoin was the first of its kind and was released in 2009. It is unknown who created this currency, but it was done under the name of Satoshi Nakamoto. This person or group of people worked on creating white papers that described how Bitcoin was supposed to work to get it started, but they never revealed who they were and they are not sticking around and taking control over Bitcoin. Once Bitcoin was up and running, this group or individual has stopped being heard from. From Bitcoin, many other currencies started to form. Some of them focused on fixing some of the bugs that came with Bitcoin and some would be completely different. For example, Ripple is a popular digital currency that will send money around the world, whether you are relying on traditional currency or digital currencies. Ethereum is a digital currency option that offers a free open-sourced platform of blockchain to make it easier for developers to work with and create their own applications of the blockchain. These are just a few of the differences that you will find when it comes to the various digital currencies that are out there.

18 people found this helpful

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Crypto decoded

There are a lot of people who are just starting to hear about this great currency and who are deciding whether or not this is a currency that they want to support. Because of this, it is the perfect time to join the market and start making money on the value going up. There have already been enormous increases in the value of Bitcoin over the last year, and as the news spreads, it is likely that this value will continue to go up Investing in a currency that is so new can be a little bit daunting. You may have been considering it for a long time, but are worried that you will not know how to get started. With the help of this guidebook, you will be able to start out with investing and become a professional in no time. To start, let us look at what Bitcoin is all about. Bitcoin is known as a digital currency, which basically means that this is a currency that is traded only online. You will not be able to go to an ATM or a bank and withdraw some of these coins, but you will be able to make purchases and send money with it all around the world. Users have even found that exchanging their traditional currency over to Bitcoin is relatively easy as long as they can sign up for an exchange site. Despite all of the benefits of using these currencies, you will never be able to go and print off the money and use it around with you. All of the transactions that you do with this currency need to be done online.

6 people found this helpful

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Got to go

If you are a Bitcoin user and have some coins in Bitcoin, you can always switch over to Bitcoin Cash. You can do this without having to worry about the exchange rate or anything because they wanted to give people a choice about which option they went wit. As you can see, the world of digital currencies may be new, but there are already a lot of things that are changing in it. Bitcoin has a lot of competition now that it did not have in the past and while it continues to grow, the way that it reacts to this competition and the way that it evolves will determine whether it is a currency that sticks around for the long-term. While these digital currencies have only been around or a little bit and they are still new, it is pretty obvious that right now, Bitcoin is the one rising to the top. Bitcoin is designed to hold onto your security, to be transparent, and to be easy for its users to work with so that they do not have any reservations about working with an online currency. While most people are not used to all of the ideas that come with a digital currency because they are used to working with traditional currencies, digital currencies have a lot of benefits that are drawing people in each day.

3 people found this helpful

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A clear and concise primer on a mysterious topic!

This course was very informative for novice users of bitcoin. The format of short modules followed by a unit quiz was helpful in reinforcing the main concepts. Sometimes a section seemed to be a reinforcement of terms from the previous section, but with so many new concepts and vocabulary, this too was helpful.

1 person found this helpful

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It covers the essential and a bit more.

Excellent Course. Now, after completing this course, my conception about Blockchain and Bitcoins has become very clear. Thanks for providing me this solid foundation to enhance my knowledge on Blockchain.

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Breaking it down for the common folk

This course covers a lot of basics around Bitcoin and the background technology, blockchain. The instructor is quite knowledgeable on the topics and clear on his explanation. I would recommend this course to anyone interested in Cryptocurrency.

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A new view on the value added of crypto assets

Absolutely loved the course! When I started the course, I had very little knowledge about blockchain and bitcoins, but now after completing the course, I feel very knowledgeable about these areas.

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Simple even for non tech savvy

Makes me want to know more. I actually have more questions because the course satisfied the gap in understanding the fundamentals.

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  • Steven
  • 25-10-20

Money is coming back to the people.

Course was good but I feel the concepts were more or less circling around Bitcoin rather than other focussing on other applications of block chain.

Please do try to rope in basics of other usages of Block chain also rather than focusing on Bitcoin alone.

Otherwise, the content was amazing and well structured.

Thanks for it.

24 people found this helpful

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  • KELLY
  • 26-10-20

The money of the future.

There are even a few big companies who will now accept Bitcoin as a form of payment and it is even possible to go into some local stores and present the barcode for your private key to pay for things using Bitcoin. It will take some time for some of these big name companies to catch on, but you will find that it is something that is happening pretty quickly and you already have some different options when it comes to using Bitcoin for some of your purchases. Over time, there have been some issues that have arisen with Bitcoin, which is to be expected since it is one of the first of its kind. One of these issues is a big split that came and ended up creating Bitcoin and Bitcoin Cash. Those who stuck with Bitcoin liked that it was secure and that there were so many Bitcoin that could be released into the market at one time. They basically did not think that anything should be changed when it came to using the Bitcoin network. On the other hand, those who went with Bitcoin Cash felt that there needed to be a few changes to ensure that this currency was going to stick around and stay relevant, especially since there is now so much competition on the market for these currencies. They wanted to go through and speed up transaction times (Bitcoin takes about ten minutes for a transaction, which is fast but much below what the other currencies can do), change how many coins could be in the system, and basically fix any of the bugs that were found with Bitcoin.

18 people found this helpful

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  • Billy Robinson
  • 28-10-20

Reveals so many aspects

Bitcoin will be very similar in the way that you can use it. This means that you can use Bitcoin and other digital currencies to make purchases and to trade. However, there are some differences between the two currencies, and most agree that these differences are what makes Bitcoin so successful. For example, you can use Bitcoin to complete all your transactions without all the fees. There also are not any issues with a central authority who is trying to control the currency or messing around with it for their own agenda, and you can use Bitcoin as a form of payment for various goods and services with many people and businesses throughout the world. The point of choosing to work with Bitcoin is because it was created to be used in the digital world, and it is run by a community, rather than the government. With this currency, it is not going to matter where you live, you can join the network as long as you have an Internet connection and some money to exchange. There are even different methods that you can use to earn the Bitcoin so this opens the door for a lot of people. There are some people who choose to mine the coins and earn them that way. Some will open up their own business or sell a product and will accept Bitcoin. And others will just take their traditional currency and switch it over to the Bitcoin.

15 people found this helpful

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  • James
  • 01-11-20

Lee is a strong thinker

Branden did a great job of helping me to understand what is bitcoin and block chain. I would definitely recommend this course for someone who has a curiosity about this subject or who wants an introduction to the bitcoin world.

I bought the book "Guide to Cryptocurrency Trading and Blockchain Technology" because I wanted to learn about the technology in addition to my recent foray into crypto investing. The book spent almost no time explaining how the technology worked and spent most of the time talking about potential applications for blockchain, so I felt ripped off.

This course not only went into great detail, it did so in language that someone like me who is not tech savvy at all was able to understand. I'm only half way through, I think the rest of the course will be about what blockchain will be able to do, so I've already gotten what I wanted out of it.

10 people found this helpful

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  • Derrick Humbert
  • 15-01-21

Very helpful!!!

Loved this book! It provides a strong foundation of information for those beginning to delve into the bitcoin game. I'm comfortable starting to buy bitcoin after this read.

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  • Ronald
  • 12-11-20

Complexity simplified -- and not oversimplified

I really like how the teacher explains every single aspect of Blockchain and Bitcoin, starting from the very origin of it and how it was born until how we use Cryptocurrency today.

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  • Veronica
  • 12-11-20

Join in with cryptocurrency conversations

Before you can join in on a new investment and put your money into it, it is important that you learn what it is all about. And when it comes to these digital currencies, they are so new and so misunderstood, that there is bound to be a lot of information out there that is not all that accurate concerning them. While many people are jumping onto the idea of Bitcoin and the other digital currencies, and while they can be a great way to make some money, it is important to take the time to learn about these currencies so that you can make the best decisions for you. In this guidebook, you will learn all the tips and tricks that you need to help you get started with investing in this digital currency. We will look at what Bitcoin is all about as well as how the blockchain technology helps this currency to run. We will look at some of the strategies that come with this type of investment, such as the buy and hold strategy and day trading as well as how to reduce your risks so you can get the most out of your money. Investing in Bitcoin is a new and exciting world. Make sure to check out this guidebook to learn more about how to invest in this currency so you can make the most money possible with as little work as you can.

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  • Robert Ruth
  • 09-11-20

Concurrency Simplified

Quite interesting. Explanations are excellent. Suggestion -1. Some of the new terms can be explained with text message, example and comparison with related terms in the same page; 2. Atleast 1 block chain application can be explained with example and compared with conventional system of same application.

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  • Jerry
  • 09-11-20

Technical but plain spoken

I am enjoying this course because i am getting lot of interpretation to most of the things that i have heard about over the months/years but has no idea about it.

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  • James Gillam
  • 08-11-20

The de-facto guide

A big question that a lot of people have about Bitcoin is why they would want to choose to use this currency rather than working with their traditional currencies? They may wonder whether or not dealing with a digital currency is the safe and secure method of doing transactions. There are actually a few reasons why a lot of people around the world are choosing to switch over to a digital currency instead of using their traditional currency. The first reason is that people like the idea that this currency is decentralized. They like the idea that they can use a currency, make money, and complete purchases without the government having to be involved all the time. This can take out some of the control and corruption that often happens in the world of money. At this point, it should be pretty easy to see that there are a lot of different benefits that you can get from digital currencies and that they are a bit different compared to what you worked with in the past with your traditional currency. You can work with this kind of currency online, there is the blockchain technology that makes this network safe and efficient to work with, and you will never have to worry about a big government agency trying to take over the currency and mess around with it.