3 years ago

A beginners guide to investing in bitcoin in 2021

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Bitcoin has been one of the most talked about investments over the past couple of years. It’s made a lot of people rich, but guess what it’s also made quite a few people poor. The reason being is because they’re uneducated about the investment that they’ve made.

And that’s the whole point of this video, I want to give a beginners guide to bitcoin so that you’re actually educated before you choose to make the investment. Or not choose to…

We’re going to go over the 4 key questions related to bitcoin in this video.

1. What Is Bitcoin & What Makes It So Powerful?
2. Is Bitcoin Going To Be The Future Adopted Cryptocurrency?
3. How Do We Go About Investing In Bitcoin?
4. Is Bitcoin Actually A Smart Investment To Make? Can I earn a lot of money here, or am just going to lose it? What’s the story?...

So Bitcoin is the biggest form of cryptocurrency. It’s the most well known and it’s the one that’s been the most adopted.

Now to understand cryptocurrency you first need to understand what money is. Money, is just an agreed upon store of value accepted by everyone as a form of payment.

Money in itself doesn’t actually have any value. Back in the day you could have exchanged money for gold. However today money is not backed by anything. The only thing that makes money valuable is the fact that we’ve all agreed and accepted it as a form of payment.

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