A Quick How To Bitcoin and Cryptocurrency for Beginners EP1

in how •  7 years ago 

Also to learn more
http//www.pcgamingstation.com

How you a Gamer can Benefit from this trend using your already built gaming rig to mine you some serious coins and generate actual money and if that doesnt sound fun I dont know what else you could passivly be doing to earn money besides your list of start up programs and such this however is very sustainable since there has been a lot of news concerning the crypto currency craze for example if you go to new egg.com you will find they accept bitcoin as a currency of purchase as well as a handful of other reputable companies and growing. Since the graphics card companies will definitley bank from this they also confirm that this currency has a impact on real life buy creating a graphics card designed for minners adjusting the actual price of a graphics card we live in a very interesting time right now because not only are we getting new technology to move us forward but also a new currency as well this is why I invested in crypto currency. 1 you are your own bank, 2 Security, 3 ease of access.

Its obvious you want it to be a stable investment and take of look for yourself and do some research on this subject if you would like to further educate yourself in this matter I suggest starting with downloading yourself a wallet I like Exodus wallet since its pretty easy to use and has a very nice interface with theme settings, conversions, exhanging between currencies or at least the ones listed that are available currently and of course you can send and recieve your cryptocurrency. If you want to buy some bitcoin right away there are several places to do that at Coinbase is a popular easy place to start however there is some fees to deal with so I suggest buying and holding else where unless you plan on floating your money around and useing their exchange services.If you want to earn more and do trading between currencies I suggest trying out Poloniex its pretty awesome when you get the hang of it.There is also Kraken I have not tried yet but I hear it is also a good place to do some trading.Ok real quik bitcoins are like gold they are mined but in a modern fashion using graphics cards and code to generate a bitcoin once this done it is then put into a block chain wich is basically a bunch of transactions bundled up into a sort of assembly line that in 10 to 15 minutes is cycled and seen through various trade exhange places or websites and we all get to see it at once these transactions are encrypted and secured in a way that people can save their own key on a hard drive and store the actual code of bitcoin so this video is just a quick recap basically to get people up to speed and not at all a full description of what this cryptosuff means so I will probally doing a few more videos in the future to touch more on this subject.

and if you like what you see and think this is a good video for you than share it to your friends and also dont forget to hit that red button and give me a thumbs up also I do take some cryptocurrency for donations as well links in the description below!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

very well said

Thank you I really had so much more to say so I thought to make it into episodes soon!