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April 11, 2024Cryptocurrency is demonstrably the highest-yielding investment opportunity of the last decade. And due to the rapid development, more and more opportunities are emerging to invest money in this area. To understand Bitcoin & Co., a cryptocurrency online course on “Investing in cryptocurrency” can be useful. You can find providers of crypto trading courses here and more information on cryptocurrency below.
Bitcoin Family - Cryptocurrency Course
In this course, you'll write programs for your trading, including a Close All Positions script, Donchian Channel and Bollinger Bands indicators, and various Expert Advisors. Use and adapt these with your new skills. |
348 €
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Intelligent Cryptocurrency VIP
Intelligent Cryptocurrency: High commissions, low refunds, satisfied customers. Established in 2020 with extensive experience, boasting 2,200+ VIP members and over 1,000,000 social media followers. Join the revolution. |
1.845 €
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Cryptocurrency: Investing and earning with Bitcoin & Co
In times of economic crises and low interest rates, good advice for investing money is precious – quite literally! Traditional investment forms like savings accounts or fixed deposit accounts yield such low interest rates that your returns are negated by inflation, leading to a long-term loss of your investment value.
The advice from many investment advisors, therefore, is to rethink and diversify! Alongside stocks, precious metals, or real estate, cryptocurrencies are the new stars among investment forms. Bitcoin & Co have been making headlines in recent years. On one hand, they’re seen as a “digital goldmine,” but on the other hand, they’re also subject to controversy.
If you want to learn more about cryptocurrency and how you can use it as an investment, you’re in the right place. In this guide, you’ll discover what cryptocurrency is, why an online cryptocurrency course might be right for you, and how you can learn crypto trading.
What is investing?
Simply put, a cryptocurrency is a digital currency traded within an independent, decentralized, and cryptographically secured payment system. This means that a cryptocurrency is not subject to control by national governments or banks. Instead, the currency is created and managed by a group of participants. Additionally, the data underlying the cryptocurrency is encrypted, allowing only authorized access.
How does it work? The secret behind cryptocurrency is the so-called blockchain technology. This involves a vast database consisting of individual blocks or units of information that are linked together. Distributed across a network of computers, this ensures that every participant can access all information at any time, serving as a control mechanism for the security of the entire chain.
What cryptocurrencies exist?
The most famous cryptocurrency is probably Bitcoin by a large margin. For example, the announcement by Tesla founder Elon Musk in March 2021 that you can buy an electric car from the innovative manufacturer with Bitcoin made headlines. However, Bitcoin is by no means the only cryptocurrency. Here’s an overview of some of the most important digital currencies:
- Bitcoin: The classic among cryptocurrencies was invented in 2008, traded since 2009, and is currently experiencing a soaring value with a price of around 50,000 euros for one Bitcoin. The maximum possible amount of Bitcoin is 21 million.
- Bitcoin Cash: The “offspring” of Bitcoin was launched in 2017 with the aim of allowing more transactions at once through a broader blockchain, making Bitcoin more mass-market. The price of Bitcoin Cash has also risen since the beginning of 2021.
- Litecoin: Another “offspring” of the Bitcoin family was launched in 2009 with the goal of achieving four times more transactions than its “mother.” Therefore, there are also four times more Litecoins with 84 million. The price is also steadily rising.
- Ethereum: The blockchain with the cryptocurrency Ether is mainly used for financing startups as a kind of “crypto crowdfunding.” It is the second-largest cryptocurrency by market capitalization after Bitcoin.
- Tether: The “digital US dollar” is pegged to the value of the real currency and is almost one-to-one converted. The technology behind Tether is based on the Bitcoin system.
- Ripple: The international payment network supports not only cryptocurrencies but also so-called “fiat currencies” such as Euro or Dollar. The network’s own internal cryptocurrency is called Ripples.
- Dash: Originally founded under the name Darkcoin and then renamed XCoin, Dash is still in the top 10 of cryptocurrencies today. However, there is also plenty of criticism due to the founders’ unethical business practices and non-public blockchains.
- NEO: This digital project is the Chinese version of Ethereum and also serves primarily for generating startup financing. Unlike its predecessor, it is supposed to be more secure and established on the strong Asian cryptocurrency market.
- IOTA: The startup from Berlin, financed by the Bosch corporation, breaks with blockchain technology and instead relies on its own technology called Tangle. This is supposed to solve problems of cryptocurrency such as slowness and high transaction costs.
How secure is trading?
One of the biggest concerns for those interested in learning crypto trading is the security of digital currencies. Given that Bitcoin & Co have experienced significant price fluctuations in recent years, you might also wonder whether cryptocurrencies are just a trend or if the rising prices will prove sustainable in the long run.
Opportunities of Cryptocurrency: | Risks of Cryptocurrency: |
– High security ensured by blockchain technology | – No fixed exchange rates, regulations, or investor protections can lead to total loss |
– Anonymity and high transparency | – Price fluctuations create room for speculation |
– International payments at top speed and without exchange rate or bank fees | – Financing illegal activities or a gateway for cyberattacks |
– Rapid financing of aid projects is protected from corruption, for example |
Although digital currencies like Bitcoin rely on secure and transparent technologies, cryptocurrencies are still in their infancy. Nevertheless, “cyber-money” is attributed with high potential and seen as the future of the money market. Therefore, learning crypto trading is an opportunity to diversify your investments and position them securely for the future.
Why should you learn trading?
Just like you buy and sell securities and currencies online in the short term to take advantage of price fluctuations, you can also engage in crypto trading. In doing so, you exploit the high volatility that is commonly seen as a disadvantage of cryptocurrencies to potentially generate high profits in a short amount of time.
Cryptocurrencies are traded like securities through online brokers or on specialized crypto exchanges, known as “exchanges.” If you want to profit from the boom around digital currencies, you should learn crypto trading. An investing online course can assist you in this endeavor.
What are the advantages and disadvantages of an online class?
Since cryptocurrency is purely digital, to our knowledge, an investing online course is the only way to learn more about the innovative currencies, the underlying technology, and crypto trading. With an online cryptocurrency course, you benefit from numerous advantages:
- Background knowledge about cryptocurrencies and their applications.
- Learning crypto trading on various platforms and marketplaces, including software applications and tips for day-to-day operations.
- Exploring a new source of income or investment opportunity and benefiting from the long-term potential of crypto trading.
- Taking an online course from home or after work, independent of location and time.
- Being able to access and review individual lessons multiple times.
However, the disadvantages of an online cryptocurrency course arise from the risks associated with cryptocurrencies in general, such as high price volatility or the risk of a total loss of your investment. Therefore, you should always choose a certified provider and trade crypto responsibly and cautiously.
How much does it cost to learn trading online?
The costs for an online cryptocurrency course vary from provider to provider. On major video platforms like YouTube, you can find simple tutorials that are provided for free. For a structured online course, a one-time fixed price or a monthly subscription fee is usually charged.
In contrast to free offerings, a paid cryptocurrency course typically offers a comprehensive introduction to cryptocurrencies and detailed guidance on crypto trading by a coach. Therefore, you should ensure that your money is well invested by choosing a certified provider and thoroughly reviewing customer reviews before purchasing and starting your subscription.
How many paid for an investing online courses also offer free introductory videos, allowing you to get a first impression of what to expect in the online course.
What do you need for an online class?
If you’ve decided to learn investing online, nothing stands in the way of starting your online cryptocurrency course! Typically, all you need is an internet-enabled device such as a smartphone, laptop, PC, or tablet, along with a stable internet connection to begin your course.
Depending on the provider, it may also be necessary to purchase an additional textbook or software for crypto trading that is compatible with your device. Further information on this will be provided to you before starting your online cryptocurrency course. Lastly, having a quiet place or a workspace can help you focus better on the course content and learning crypto trading.
Our tip: Since many investing online courses use Excel, it may be useful to refresh your knowledge with an Excel online course before starting your training!
Conclusion: Cryptocurrencies & trading are shaping the future financial market.
As controversial as cryptocurrencies like Bitcoin & Co may be, they are also fascinating. According to today’s financial experts, digital currencies will determine the future money market. So, it’s high time to learn crypto trading! If you want to get into the business with online currency, you should first acquire the necessary basic knowledge about cryptocurrencies and their technologies in an online cryptocurrency course.
By doing so, you create a secure foundation to then learn crypto trading. This is important and necessary so that you can take advantage of the opportunities offered by cryptocurrencies, such as high security in international payments and steadily increasing prices.
However, it’s important to avoid risks such as high price fluctuations and lack of market regulations, so that crypto trading becomes a success for you rather than resulting in a total loss. However, if you opt for a certified provider with a well-prepared online cryptocurrency course, Bitcoin & Co can become a lucrative side income for you.