“Bitcoin is a technological tour de force.”
– Bill Gates, Microsoft co-founder
You hear so much about Bitcoin because the topic regularly appears in your news feed, but what is it really? More importantly, what can it do for you?
How to buy Bitcoin app contains a comprehensive course, explaining in detail the Blockchain technology, describing Bitcoin and its impact, and reveals ways to acquire the crypto. Everything is written in a way that everyone, even an absolute novice to cryptocurrencies, can understand it. What more, you will learn how to make Bitcoin work for your financial benefit!
MAIN FEATURES
- 6 extensive chapters, carefully structured for everyone to understand the addressed topics
- 4 quizzes on the Blockchain technology, Bitcoin and trading
- 3 trading scenarios to test your gained knowledge
- a selection of brokers
How to buy Bitcoin is intended for people with no prior knowledge of cryptocurrencies, Bitcoin or trading. Therefore, it is perfect even for trading beginners who want to take advantage of Bitcoin’s increasing popularity.
In the course, the following topics are addressed:
- What is Bitcoin?
- How do Bitcoin and other cryptos work?
- What does the future hold for cryptocurrencies?
- How to mine, buy and trade Bitcoin
- How to read charts and use technical indicators to predict price development
- How to manage your risks
- Choosing the right broker
What is Bitcoin?
In early 2009, a brand-new type of digital cash emerged, known as Bitcoin. In a span of a few years, the cryptocurrency has taken on the world and grown in value like nothing else in history. Bitcoin was created by Satoshi Nakamoto, following the financial crisis in 2008. The goal was to remove the bank from all cash transactions, which was eventually achieved. The cryptocurrencies are digital assets, secured by cryptography, and operated on the Blockchain technology, which remains one of the safest techniques on the Internet.
What is CFD trading?
CFD, literally “Contract for Difference”, is a type of trading which allows you to speculate on the price development of a chosen asset. In this way, a trader can generate financial earnings from a price increase, as well as a decline in the price of the asset. However, as with any trading, CFD comes with risks, the main one being losing your capital. Never trade with more than you can afford to lose.
Disclaimer: CFDs are leveraged products and can result in the loss of your capital.