Whatisbitcoin

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Whatisbitcoin

This Bitcoin starters platform is born out of the wish to educate people about Bitcoin and support the movement of decentralization.

The more people go into Bitcoin, the sooner we can transact fully peer to peer, borderless and completely neutral.

03/22/2022

Finally, Bitcoin is moving away from the $40.000 danger zombie zone.

It was flirting with a bear market for what seemed ages, resulting in the usual flood of Bitcoin to Zero and Crypto Sucks articles.

Have we defeated Cryptowinter for now? Are we heading towards A summer of Bitcoin love?

Here are 3 arguments that we will move up towards a $55.000 BTC next, amidst geopolitical instability, mass fear and pending chaos, and the collapse of capitalism and the Dollar with it.

Why I still believe in a $125–$150K Bitcoin this year

02/01/2022

Did your ship of crypto just crash on the hard rocks of the recent correction?

Witnessing your crypto portfolio tank 55% is like eating Scottish stew with your hands while you expected French cheesecake with cherries on top.

Like all those others were eating in 2021.

It’s not for beginners.

And yet, Crypto, after its epic 2021 bull market and blooming all season, has been flooded by new wallet holders lately.

Last year January 2021 the 100 million threshold was taken. Followed by 228 million wallet owners in July. And it didn’t stop there — by December 21, there were 295 million people globally who owned cryptocurrencies. The prediction is 1 billion by the end of this year.

When you’re a relative cryptostarter and you get stressed out by cardiac arrest red Bitcoin candles. Or when you have the habit of selling the dip and buying the top, you’re not alone.

Maybe you don’t even trade. You just followed some friends advice to get rich quick. But in reality, you got poor fast.

Hold on. I’ve got some medicine for you.

First, you need to know why you can lose this much money with crypto, why you will lose more when you don’t learn about these pitfalls, and if this is really the right investment track for you.

Stop shipwrecking your portfolio, you deserve better

01/30/2022

When you lost too much of your Crypto portfolio and want to play it safe

https://youtu.be/ZTLPGUCuuqk

This video is for people that have lost more than 50% of their portfolio recently through the huge cryptocorrection, but also maybe because you started trad...

01/23/2022

Bitcoin Hits 50% Correction— Perfect Buy the Dip or More Blood to Spill?

This is what influencers are saying

https://link.medium.com/IkQICOxt3mb

MMCrypto

This is what top influencers are saying

01/18/2022

While our Western society is at the brim of collapse, in Congo people hit by a disaster are building grassroot crypto-driven local economies.

Building up community. Helping each other. Bringing Crypto education first.

Meanwhile, in the West, within the crypto in-group, the 100 million wallet holders, most have been captured by the same short time gain coming from fear mechanism that they semi-religiously blame the legacy FIAT system for.

Chill me some more airdrops, let’s pump some more boring ape worthless dump head NFT’s.

Let’s pretend the world is not collapsing under the same behaviour that our billionaires make believe it's worthwhile striving for.

Happily, there are jewels of change and it's not surprising that they happen in Africa amidst people that have lost everything. Since only then do real human values seem to rise up and sharing becomes caring.

This is the best Bitcoin news from 2021, and it’s coming out of Africa.

The difference between community first versus me-first

01/14/2022

Welcome to the world of Defi.

The future of finance, where you can make passive income with your crypto by providing liquidity.

Not to banks, but to apps.

Not dollars or euros or yen, but cryptocurrencies.

In 2020 and especially 2021, the world of Decentralized Finance has accelerated. The total market share doubled from Sept 2020 to Sept 2021. Translated into numbers, there’s close to 800 billion floating around in Defi space. That’s almost 1/3 of the total crypto market of 2.24 trillion as of December 2021.

There are many services in Defi like open lending protocols. In this piece, I focus on the decentralized exchanges, the so-called market makers, where you provide liquidity to farm tokens.

Compare this liquidity you provide as collateral for these exchanges to be able to offer token pairs. Many new token projects present themselves on DEX’s like Sushiswap and Pancakeswap, and what they love more than anything else is people putting trust in their project, by buying their token.

This can only happen on an exchange and they will reward those first token buyers with a high yield, the old interest banks would give, so to speak. You also will be able to stake your crypto liquidity pairs that are more stable, like a stablecoin like USDT versus BNB, the Binance native token.

There are 3 main players in the Automated market space (AMM). Sushiswap, Uniswap, and Pancakeswap.

I present a brief history and I’ll finish with my preference.

Which platform to consider for making passive income with your crypto?

12/24/2021

Going back to basics is great for Crypto newcomers. And also for when you wander around in the cryptoforest and lost the plot.

Let me guide you home.

Here are some definitions of Cryptocurrency.

*Encrypted money
*Crypto expresses the value of a specific blockchain it represents
*Crypto is digital money, or, according to Wikipedia, a collection of binary data which is designed to work as a medium of exchange
*Crypto uses cryptography to become anonymous digital value
*Crypto is a big bubble and Crypto is the future

I didn’t even start talking about Bitcoin, which is also a Cryptocurrency.

When you operate directly within the world of Cryptocurrencies, it seems there’s nothing else and people can get pretty religious about the subject.

It’s good to go to the base of everything every once in a while. Zoom out. You’ll discover that only 3,9% of the grown-up population in the world uses Cryptocurrencies. Yet, the underlying blockchain technology is a true revolution. Experts will tell you this is going to impact the lives of everybody on the planet.

As Crypto Educator it’s my passion to go back to basics continuously, explaining this magical world to newcomers and people that got stuck in the complexity of today’s digital world.

A starter's guide for the 96.1% of humanity that doesn't own crypto

12/13/2021

When you can make $1,- online, you can make millions of Internet cash.

This is one of the wisest lines I’ve seen on making money here on the world crazy web. It’s the opposite of the get rich quick daze that got millions hooked.

During 2020/21, a whole new Covid generation started to trade on apps like Robinhood. The combination of sitting at home numbed out got young people either trading or gaming. Some died in the effort by exhaustion.

A tiny few got lucky. They got rich quick.

Here comes the harsh reality you don’t like to see:

A study by the U.S. Securities and Exchange Commission of forex traders found 70% of traders lose money every quarter on average, and traders typically lose 100% of their money within 12 months — Market insider

That’s not a typo. Read that again; Traders typically lose 100% of their money within 12 months. This means one thing; You’ll probably lose all your money when you’re not as smart as this young dude who bought a $650K house with his profit.

The getting rich quick sentiment is the real virus of 2020/21.

Still, there’s massive real value production in crypto. I’ll explain how you can join in making this earth a better place and making some cash along the way.

Slow.

The 3 subtle ways of getting rich slow with crypto>>>

F**k the get-rich-quick scam, go slow is the new paradigm

12/10/2021

Crypto News: Coinbase launches Defi platform for users in 70 countries

They say; Defi has tremendous potential to help increase economic freedom

Coinbase is not decentralized, it takes a massive commission. I believe in decentralized platforms like Pancakeswap. That's why I offer an Ecourse 'How to start earning passive income with your crypto 'on pancakeswap.

The launch is tomorrow.

https://medium.com/spirit-of-crypto/is-pancake-swap-the-cherry-on-the-defi-cake-a82fae751743

A beginners guide to PancakeSwap — A Binance decentralized finance ecosystem

12/07/2021

The last year, I've been teaching friends and clients how to start making extra money on their Crypto. With Decentralized Finance. (DeFi)

Now I'm preparing an Ecourse, it's heaps of fun.

It's the Step by Step beginner's guide into Pancakeswap
Start saving on your crypto and make money while you sleep

Yes, it's for beginners, but you need some Binance Coin to start with ! so you need that basic knowledge.

At first, DeFi was all hocus pocus to me, until I dove in. It is like bringing money to the bank and instead of bringing an extra bag of money because of the negative interest rates, you'll get 2,5 - 15% interest or Yield. Yes, THAT much.

With staking your crypto, you also help secure the blockchain of, for example, Binance.

This course has a simple goal, to start crypto saving within an hour, and make money while you sleep on your crypto.

DeFi for beginners — How to earn a passive income with Crypto

Address

Mohawk, NY

Website

https://medium.com/spirit-of-crypto

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