I started researching cryptocurrency after a friend told me about it in the last quarter of 2017. My programming background allowed me to quickly understand how the transactions are encrypted and form the public blockchain for all to see. Bitcoin, Bitcoin Cash, Litecoin and Dogecoin all need to be mined with computing power, and the cost of electricity somewhat determines the pricing. For example, if it costs $5,000 worth of electricity to mine a full Bitcoin, the price of $7,000 might not seem too high. Separately, Ethereum is a platform that allows developers to create tokens that aren't mined. For example, I created a coin call Chris Bell with a symbol of BELL. I have all the coins and there's nothing illegal stopping me from selling all of them for $5 each without any company behind the coin. Therefore, if you're thinking about getting involved, start with a coin that's mined, NOT an Ethereum token that could be as worthless as BELL on the open crypto market.
Here's a long post about my knowledge of Bitcoin and Cryptocurrency: https://chrisbell.com/blog/what-is-bitcoin-and-cryptocurrency-decentralized-peer-to-peer-encrypted-borderless.php
For $50 USD, BTC, BCH, ETH, LTC or DOGE, I'll have a 30 minute discussion with you about cryptocurrencies, how they differ from one another, how they're priced and why some of the prices are SO HIGH! If you don't have any knowledge yet I'll go through many of the basic concepts, help you build an Ethereum Wallet and transfer some free coins to your new wallet. I'll show you how to navigate around www.etherscan.io which is the Ethereum blockchain, where your coins are and how to point your name to your ETH address (i.e. chrisbell.eth > 0xDDd3964D75D59B6B6d5c31eB313BBA5EBF076364). Then I can request that you send me $50 of ETH to chrisbell.eth which automatically points to my long and difficult ETH address.
If you want to use a credit card to pay in USD, I'll send you a PayPal invoice to your email, and you can simply click the link and pay with the card of your choice. Once approved we can discuss any specific topic you choose.
I hope to enlighten you soon!
Chris Bell
[email protected]
603-548-3334
Coins mentioned in post:
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I know, these coins fluctuate quite a bit. There are a lot more people involved in the stock market on a daily basis, so the prices don't fluctuate as much in the short term. That's a good reason to mention that dollar-cost-averaging is the best way to invest into anything because you'll buy all of the lows and highs rather than trying to jump in and jump out. If you jump in with $1000 seven days before your snap shot, it will cause you to lose a lot of money, compared to putting in $100 per month of the same $1000. It averages it out over time and allows you to purchase at various levels.
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