BY SAM AND RYAN

CRYPTOS & STUFF

WOT IS CRYPTO?
¿El Confusion?
CRYPTOS AND STUFF

WOT IS CRYPTO?
Crypto is basically digital money that is stored on a massive spreadsheet with every transaction ever made on a particular currency
known as a ledger. There are many different copies of that ledger known as a blockchain which makes extremely hard to hack me
and everyone else.

For example, let’s say I have 3 Bitcoin in my wallet and someone wants to take it away from me. He can’t hack me a). Because he
doesn’t have any of me crypto keys, and b). Because it’s only on that one ledger and the other ledgers don’t recognise it. So it
doesn’t happen

Now, you might be thinking then how do anything with crypto if all the other ledgers don’t even recognise what I’m doing. So let’s
say I spend 0.02 Bitcoin. Instead of checking just one ledger, it checks all of them to see if I have enough money. And if I do all of
them will update individually.

CRYPTOS & STUFF

ADVANTAGES & DISADVANTAGES

Advantages
▸ Can be extremely pro table
▸ Very hard to get robbed
▸ Transactions are easy to make
▸ Lots of ways to make money from
them
▸ It’s decentralised (so the government
doesn’t control it
Disadvantages
▸ Can result in massive losses
▸ Can easily get scammed
▸ You don’t get a refund
▸ Hard to predict the market
▸ A lot riskier than the stonk market
because of high volatility

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HOW EL PRICE WORK?

CRYPTOS & STUFF

HOW EL PRICE WORK?

It goes up and down because of the supply and demand of the coin.

If the supply of the coin is low, and the demand of the coin is high, then the price goes up because there’s not a lot in supply, and
people are willing to pay more because of that.

If the supply of the coin is high, and the demand of the coin is low, then the price goes down because there’s so much in supply,
and there’s no need to pay a lot for it because if there’s like 5,000,000,000,000 coins in supply and it basically has no value.

 +
=
BLOCKCHAINS

CRYPTOS & STUFF

BLOCKCHAINS
A blockchain is basically thousands of ledgers over a network of computers. These computers update the spreadsheets all the
time.

The blockchain database isn’t stored in any one single location, meaning the records on the spreadsheet is public and anyone can
see them at any time. The blockchain updates every 10 minutes.

A network of nodes makes up a blockchain. Every node has a full copy of the ledger. Each node processes and veri es
transactions.

Each group of transactions is known as a block. The transactions in a block cannot be corrupted because changing any
information on the blockchain would need your computer to overpower the entire network. In theory this could be possible but it
is very unlikely to happen.

There are different types of blockchains such as: Ethereum, Binance Smart Chain (BSC), Avalanche C-Chain, etc...

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PRICE CHARTS
CRYPTOS & STUFF

PRICE CHARTS
Price charts aren’t that hard to read. Basically if the price goes up the there will be a green candle or the line going upwards. A
candle is red when the price is going down. And a line is going downwards when the price is going downwards.
CRYPTOS & STUFF

BITCOIN

Bitcoin is a decentralised digital currency without a bank or

administrator. It can be sent from user to user. Transactions can
be veri ed through nodes and recorded on the blockchain.
Cryptocurrency was invented in 2008 and began use in 2009.

Bitcoins are created as a reward when you mine it. They can be
exchanged for other currencies, products, and services.

Crypto is very volatile which makes it a lot more riskier than

other forms of investing such as forex, stonks, and index funds.
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CRYPTOS & STUFF

ETHEREUM

Ethereum is similar to Bitcoin except it has more features such as:

smort contracts, Decentralised Finance (DeFi), more exchanges,
NFT’s, Staking and a lot more. The currency was made by Vitalik
Buterin, and Gavin Wood.

The coin was released on the 30th of July 2015.

It has tokens in its blockchain known as ERC-20 Tokens. Which

allows for fungible tokens on the blockchain.

ALTCOINS
CRYPTOS & STUFF

ALTCOINS
▸ Tokens, cryptocurrencies, and other digital assets that aren’t Bitcoin are called
alternative cryptocurrencies or altcoins.
CRYPTOS & STUFF

STABLECOINS
▸ Stablecoins are designed to maintain a stable level of purchasing power
GAMING TOKENS
CRYPTOS & STUFF

GAMING TOKENS
▸ Cryptos connected to the gaming industry.

▸ You can play these games.

▸ They’re cool

▸ Have a market cap of $22.02B

EXCHANGES
CRYPTOS & STUFF

EXCHANGES
▸ Allows people to exchange cryptos for other cryptos

▸ Need either a crypto wallet or a credit card

▸ Can yield farm

▸ Can stake crypto

▸ Can swap crypto

WALLETS
CRYPTOS & STUFF

WALLETS
There are many different types of wallets that you can store your crypto assets in, such as:

1. Hardware wallets

2. Desktop wallets

3. Mobile wallets

Hardware wallets are wallets that are hardware that are made to store your assets. e.g. ledger nano s

Desktop wallets are apps that you can install on you computer and store your assets there e.g metamask

Mobile wallets are desktop wallets that are on mobile e.g trust wallet

WEYS TO MÆK MONE

CRYPTOS & STUFF

DAY TRADING
Day trading is when someone buys or sells a certain coin, token, stock, etc... They use trend lines and indicators to see which
direction the market is going to see if they would buy or sell.

Day traders normally use leverage which is basically a way to make money quickly or lose money quickly because it multiplies the
value of how much you make or lose.

For example, if I want to buy Dogecoin and want to use a leverage of 10x the amount of money I would make or lose is 10 times
greater than someone without using leverage.

CRYPTOS & STUFF

INVESTING

The main difference between day trading and investing is the amount of time that you hold the coin or stock for. You would
generally make more money from investing because over longer periods of time the price goes up. But investing still requires
good timing because your don’t want to invest during a bear market (massive downtrend) unless your taking a short position.
CRYPTOS & STUFF

STAKING
Staking is a way to earn passive income. By putting money into a staking pool then you would earn a certain amount of
money back from it over a certain period of time. The more money you put in the more money you get back.
CRYPTOS & STUFF

YIELD FARMING
Yield farming is another way of earning passive income. It’s an investment strategy in which you hold money to get a bigger
return on it. It is very similar to staking but with yield farming your lending money to generate higher returns.
CRYPTOS & STUFF

LIQUIDITY POOLS
A liquidity pool is a pool of cryptos locked in a smart contract that is used to hold trades between the assets on a
decentralised exchange.
CRYPTOS & STUFF

MINING
▸ Mining is using your computers or a dedicated crypto miners resources to
generate money using a validation of transactions.

▸ Can be mined using GPU’s

▸ CPU’s

▸ ASIC miners

CRYPTOS & STUFF

AIRDROPS
▸ Airdrops are a way of basically getting free money for following the airdrops
socials.

▸ Can be worth up to a few thousand

▸ Scam risk

CRYPTOS & STUFF

NFTS
▸ Nfts (Non-Fungible token) is a png or jpeg worth money and stored on a blockchain.

▸ They can also be gifs, videos, and MP3’s.

▸ The price of them can go up and down

▸ It’s an investment

▸ The most expensive nft ever sold was 69.4 million

My wallet address if anyone wants to send me some shiba inu or ethereum

0x30a37c313b6e39fC7fDe
9582EC3C28995f7dF975
 My NFT collection if anyone want to buy one

HTTPS://OPENSEA.IO/COLLECTION/
SEACREATURESINTHEOPEN
THE END