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Crypto Rex understand how cryptocurrency works in simple terms
Founder Of The Rex Paddock Investment Group. A Crypto Investment Group Dedicated To Connecting Beginner And Expert level investors and Futures Traders. Working to build a safer place for crypto enthusiasts, by providing free sources of information that these investors can use to better their exposure to the space.
How Does Cryptocurrency Work and What Is It?
Crypto is Cryptocurrency a digital asset created to function as a means of trade is. In addition to controlling the generation of new units of a certain cryptocurrency utilizes cryptography to safeguard and verify transactions. Being a decentralised digital money, it is not governed by a government or central bank.
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While cryptocurrency functions similarly to traditional money, it is controlled by a network of computers that use sophisticated algorithms to verify transactions rather than a central bank or government. A blockchain is a network of computers that collaborate to keep track of all transactions in a public ledger.
Here are some important points to think about:
• A digital asset that serves as a means of transaction is cryptocurrency. • It controls the generation of new units of a certain cryptocurrency and employs cryptography to safeguard and verify transactions.
• It is decentralised, which means that neither a government nor a central bank has power over it.
• It operates by leveraging a network of computers that verifies transactions using sophisticated algorithms.
• A blockchain, a public ledger of all transactions, is used to administer it.
Nothing in this video is a financial advice.
00:01:32:12 free crypto crash course
00:02:06:19 Being authentic and professional as a crypto influencer
00:04:04:12 Not being scared mem-coines
00:05:00:15 What are cryptocurrencies
00:06:32:05 What cryptos are good for investing
00:12:12:05 Cryptocurrency security issues
00:13:55:05 what is a cryptocurrency wallet
00:14:55:05 Crypto Rex journey in cryptocurrency
00:19:00:05 Cryptocurrency regulations
00:20:22:05 Cryptocurrency manipulations
00:23:45:15 Rex favourite crypto projects
00:30:45:15 Litecoin
00:32:36:03 Trading Cryptocurrency or holding it
00:36:36:03 How to look for a good crypto project
00:38:36:03 Cardano ADA
00:43:50:03 Market psychology
00:45:08:03 10k Bitcoin price
00:46:00:03 How did Rex get into investing and Cryptocurrency
00:49:00:03 Lies that traders give on social media
00:51:00:03 Making a difference in the world
00:52:00:03 Ending and info
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