Читать книгу Cryptocurrency All-in-One For Dummies онлайн

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Even if your transaction is a one-time event and you don’t want to hear anything about your crypto assets for the next ten years, you still must gain the knowledge necessary to make the following decisions:

 What to buy

 When to buy

 How much to buy

 When to sell

Over 5,000 cryptocurrencies are out there at the time of writing, and the number is growing. Some of these cryptos may vanish in five years. Others may explode to over 1,000 percent of their present value and may even replace traditional cash. ssss1 of this minibook covers all different types of cryptocurrencies, including Ethereum, Ripple, Litecoin, Bitcoin Cash, and Stellar Lumens.

Chapter 2

IN THIS CHAPTER

Understanding the basics of how cryptocurrencies function

Deciphering important terminology you need to know before investing

Seeing how new cryptocurrencies are born from old ones with forks

Cryptocurrencies, and more specifically Bitcoin, have been one of the first use cases for blockchain technology (covered in detail in ssss1). That’s why most people may have heard about Bitcoin more than they have about the underlying blockchain technology.