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In this guide, you will learn about Bitcoin (BTC) and cryptocurrency, how they work, why they exist, and what kind of technology behind Bitcoin.
Not long ago, people started hearing the words ‘Bitcoin’ and ‘cryptocurrencies.’
Few people outside the crypto-communities knew what they were, and many thought it was just another fad bound to fail in a few years or so.
The value of one bitcoin was just a few cents then, so obviously, it wasn’t worth a lot. For this reason, it was ignored by the masses. There were far more profitable investments one could make, after all.
Those who invested money in the new digital currency either believed in the system proposed by its founder, Satoshi Nakamoto or wanted to see how it worked.
Either way, those who believed were rewarded greatly and continue to be rewarded, as a single bitcoin now costs thousands of dollars.
Bitcoin only took five years to breach the $1,000 mark in late 2013, and just a few years later, Bitcoin prices are at an all-time high – way past the $10,000 mark for a single Bitcoin!
With skyrocketing prices and extremely fast growth, more and more people are curious about bitcoins and cryptocurrencies.
Chapter 1: Bitcoin and Cryptocurrency – An Overview
• A Look At Cryptocurrency and Bitcoin’s Colorful Past
• Why Do Cryptocurrencies Exist?
• How Bitcoin Works
• The Technology Behind Bitcoin
Chapter 2: Bitcoin Value – Determine the Value of Bitcoin
• Bitcoin’s Value Lies In Its Utility
• Bitcoins Are Incredibly Scarce
• Supply And Demand Affects Bitcoin Value Directly
Chapter 3: Different Techniques To Acquire Bitcoin
• Buy Some Bitcoins
• Trade Your Other Cryptocurrencies For Bitcoin
• Get Paid With Bitcoins
• Complete Small Tasks On Websites
• Join Bitcoin Faucets
• Mine Your Own Bitcoin
Chapter 4: Bitcoin Mining – All About Bitcoin Mining
• Bitcoin Mining Terms You Should Get To Know
• Bitcoin Mining Hardware Commonly Used By Miners
• The Role Of Mining In The Creation Of New Bitcoins
• What Is The Blockchain?
• What Exactly Is Bitcoin Mining?
• Bitcoin Mining And Mining Difficulty
• Bitcoin Cloud Mining – An Alternative To Joining Mining Pools?
• Is Bitcoin Mining Profitable?
Chapter 5: Bitcoin Storing – Store Safely Your Bitcoin and Other Cryptocurrency
• Online Wallets
• Mobile Wallets
• Desktop Wallet
• Paper Wallet
• Hardware Wallet
Chapter 6: Trading And Selling Your Bitcoin For Profit
• Bitcoin Trading Strategies
• Popular Bitcoin Trading Platforms
• Are You Ready To Start Trading Bitcoins?
Chapter 7: Using Bitcoin As An Investment Strategy
• Bitcoin Investment Methods
• Strategies To Succeed In Bitcoin Investing
Chapter 8: How to Accept and Use Bitcoin for Your Business?
• Online And Offline Businesses Can Accept Bitcoin Payments
• How To Handle The Volatility Of Bitcoin
• Why Your Business Should Start Accepting Bitcoin Payments
• The Benefits Of Bitcoin Payments For Your Business
Chapter 9: Protect Yourself Against Fraud And Theft on Bitcoin
• Bitcoin And Cryptocurrencies Are Not Scams
• Scam #1 – Fake Bitcoin Exchanges
• Scam #2 – Phishing Scams
• Scam #3 – Cloud Mining Scams
• Scam #4 – Ponzi Scams
Chapter 10: The Future Of Cryptocurrency
• Massive Support From The Masses
• Bitcoin In Developing Economies
• Fast And Cheap International Payments
• Combat Crime and Corruption
• Blockchain Technology Will Become Mainstream
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