What Does Crypto Course Even Mean (You mean Trading?)
So an expert developer in blockchain tech?, An experienced trader?
Or Just A Marketer Looking To Make Money? š° š°
I don't think you need to be an expert to do something, but to sell a course I think so! what is up with these vloggers selling "crypto courses" that basically is just a pump and dump group by a different name. (if they have a large following).
"What Am I Gonna Do? "
Carlos Matos Quote
#Carlos That's a good question and people ask it on the way up and down! When gaining a fortune and losing one.
A Popular Scam Nowadays AND WHAT MAKES IT A #SCAM
Selling A Crypto Course? Ok, so what does that mean. Well not much for most cases. Understanding crypto is important if you want to invest in it. What do you really need to know though? Do you need to pay for this data?
- āæ Bitcoin is the Original coin(digital money/asset).
- Long-term Bitcoin shows great promise because of decentralization and trustless systems.
- So what is (#insertNameHere(INH)) coin? the short answer is probably a fork of bitcoin. A fork is a clone, this is able to be done because the development of bitcoin is Open source which basically democratizes it.
- What is an #ICO(Initial coin offerings) A company will sell tokens or coins before they are tradable or even in the market. This offers a good opportunity if the ICO has a solid product and is going to go up in value, though it is mostly speculation whether the price will go up.
- Bitcoin or a cryptocurrency will be going to the #moon.
- There are no Bitcoins, only records of bitcoins in the distributed Ledger which is like a banks ledger essentially. You don't have to understand exactly how allocation works of peoples bitcoins work just that a bitcoin is not a physical coin.
- Bitcoin might as well not be "owned" by you, whoever holds your Mnemonic phrase controls your bitcoin. This is a phrase or password that is used to generate new wallets or can be used for wallet recovery. Secure this phrase and tell no one.
What Makes It Tick?
The problem with most of these courses is when they are done by people who have no clue, they might have been able to make some gains just like Markos from bitconnect but Markos should have listened to his wife #memereference
Interested In New Coins & Want To Get In?
- Do as much research on the coin as possible
- If a Coin has a good community, it's a good start. For instance a lot of coins have forums like discord where you can speak direct to the developers and ask questions. This will show you how open or not open a development team and coin is.
For what it's worth I think you shouldn't buy a crypto course that is going to tell you information on the first page of a Google search.