Home Income What is Bitcoin and should you buy some

What is Bitcoin and should you buy some

What is Bitcoin and should you buy some

Bitcoin Investing

I quadrupled my money in 12 weeks. That’s an insane return. Imagine you invested $5000 dollars 12 weeks ago, you would now have $20,000 

I’m sure by now you’ve all heard about Bitcoin, Crypto Currencies, and the Blockchain. 

18 months ago Bitcoin was worth just shy of $20k and then it came crashing down over the next 12 months to a low of $3200. That’s a massive crash and people lost a lot of money. Since January 2019 Bitcoin has been on the rise again. Today Bitcoin reached a value of almost $14k. Just one week ago Bitcoin was worth only $9k

Do NOT jump into Bitcoin or other cryptocurrency investments until you do your research and understand what on earth it is, how it works, and how to invest properly. If you skip these steps you have an extremely high risk of losing every penny you invest. 

If you do intend on investing in Bitcoins or other cryptocurrencies I highly recommend Robinhood because it’s absolutely FREE. Unlike Coinbase and other apps that charge a ton of money. 

Here is my link to sign up to Robinhood. If you use my link to signup for a FREE account we’ll both get a stock like Apple, Ford, or Sprint for free.  http://share.robinhood.com/raphael8

What is Bitcoin? 



Decentralized vs Centralized? 

Why we do we even care about this?

So the answer is actually pretty complex and it requires research if you truly want to understand what its all about and how it will change our world over the next 10 years.  

It’s actually really fascinating once the pieces start clicking in your head and you start seeing the full picture. 

With software engineering in my background, I was able to understand some of the technology itself but I was struggling to understand the bigger picture and how it will change every aspect of our lives in the coming years. 

That’s all until I found this amazing book called:

Blockchain Revolution: How the Technology Behind Bitcoin and Other Cryptocurrencies Is Changing the World

Grab a copy on Amazon: https://amzn.to/33BYdqn

I personally found it fascinating and very educational. 

Here are some videos that explain some of the basics of Bitcoin and Blockchain 

Bitcoin Explained Simply for Dummies

Cryptocurrency trading simulator.

Whether new to trading or an experienced trader, take advantage of our FREE SIMULATED crypto exchange without risking your capital. Best of all, you can earn amazing crypto rewards, simply for growing your portfolio.


Beginner’s Guide to Cryptocurrency and Blockchain.

New to cryptocurrency? Or perhaps you’ve already heard about Bitcoin and are looking to learn more about cryptocurrency. Well we got you covered, check out our ultimate beginner’s guide to understanding cryptocurrency


The ultimate, 3500-word, plain English guide to blockchain http://bit.ly/2Nglxqh

Facebook announced they are teaming up with VISA, Mastercard, PayPal, and other huge companies and they are building their own cryptocurrency called Libra. https://libra.org/en-US/learn-faqs/



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