Course 5: Crypto Decoded
Objective: Gain a deep understanding of cryptocurrency basics and how to get started with your first investment.
Lesson 1: Blockchain and How It Works
What is Blockchain?: A decentralized, distributed ledger that records transactions across many computers.
Benefits: Transparency, security, and reduced fraud.
Use Cases: Not just for cryptoโblockchain powers industries like supply chain, healthcare, and voting systems.
Lesson 2: How to Buy Your First Cryptocurrency
Choosing an Exchange: Select a secure and easy-to-use platform (e.g., Coinbase, Kraken).
Creating a Wallet: Set up your first crypto wallet to store your assets securely.
Making Your First Purchase: Learn how to buy Bitcoin, Ethereum, or another coin of your choice.
Lesson 3: Managing Your Crypto Portfolio
Diversification: Donโt put all your eggs in one basketโspread your investments across different assets.
Risk Management: Use stop-loss orders, limit orders, and only invest what youโre willing to lose.
Tracking: Use apps like Blockfolio or Delta to keep track of your investments and watch market trends.
Tags:
#CryptoDecoded ๐
#Blockchain101 ๐ก
#CryptoStarter ๐
#InvestInCrypto ๐ฐ
