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Author Topic: Cryptocurrency for Beginners: 7 Questions to Ask  (Read 119 times)
rosber (OP)
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January 16, 2018, 05:09:42 AM
 #1

1. What is cryptocurrency?
2. How many are out there, and what are they worth?
3. Why are they so popular?
4. Are they a good investment?
5. How do you buy cryptocurrency?
6. Are cryptocurrencies legal?
7. How can you protect yourself?
joniboini
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January 16, 2018, 05:19:56 AM
 #2

i'll try to help you with this, even though i believe there is already a lot of helpful resources if you wanted to learn about cryptocurrency out there.

1. cryptocurrency is, well, in short, is a currency made by cryptography.
2. a lot, with "worth" do you mean their fiat value or what?
3. because they can make you rich. other than that, because it is decentralized, fast (i know, some of them don't), keep your privacy as its top priority, taxless, and so on
4. some of them is good, some of them are not.
5. with your fiat currency, deposit them to luno, coinbase, and etc, and buy your crypto money here. you can also get them via ICO
6. in some countries yes (not regulated), while some of them ban it
7. from what? hacking? keep your seed safe, beware of phishing site, be careful while doing business

do correct me if i'm wrong, because i'm also a 'newbie' in this crypto world

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joselitobayagbag
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January 16, 2018, 05:30:31 AM
 #3

1. What is cryptocurrency?
2. How many are out there, and what are they worth?
3. Why are they so popular?
4. Are they a good investment?
5. How do you buy cryptocurrency?
6. Are cryptocurrencies legal?
7. How can you protect yourself?
You can probably search your questions in google im sure you will find all the answers there,if you have the time to post here im sure you have the time to search it on google.

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January 16, 2018, 05:41:06 AM
 #4


for all your questions, have often been discussed in bitcointalk. you should always try to take the time and read it. there is a lot of knowledge that you can get here. by reading you will gain a lot of knowledge and experience.

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Blackfurysm
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January 16, 2018, 05:57:28 AM
 #5

I have a better idea. You can find all answers at [bitcoinwiki](https://en.bitcoinwiki.org/wiki/Main_Page) it's the best project for basic reading
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