S2-Learning Notes For Module 1

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DISCLAIMER
LEGALLY REQUIRED DISCLAIMER – THIS COURSE CONTAINS THE PERSONAL IDEAS AND OPINIONS OF THE COURSE
PROVIDERS. THE INFORMATION CONTAINED IN THIS COURSE IS FOR EDUCATIONAL PURPOSES ONLY. THERE IS NO
RECOMMENDATION OR ADVICE ON MAKING ANY INVESTMENT DECISIONS, BUYING OR SELLING ANY TYPES OF STOCKS,
SECURITIES OR INVESTMENTS DISCUSSED IN THIS COURSE. THE COURSE PROVIDERS ARE NEITHER STOCK BROKERS NOR
REGISTERED INVESTMENT ADVISORS. WE DO NOT RECOMMEND MAKING ANY INVESTMENT DECISIONS PROPOSED IN
THIS COURSE. INDIVIDUALS SHOULD FIND REGISTERED INVESTMENT ADVISORS TO HELP THEM MAKE INVESTMENT
DECISIONS. ALTHOUGH THE COURSE PROVIDERS HAVE STRIVED FOR PROVIDING THE MOST ACCURATE INFORMATION,
THERE IS NO GUARANTEE OR WARRANTY CONCERNING THE RELIABILITY, ACCURACY AND COMPLETENESS OF THE
PROVIDED INFORMATION. INDIVIDUALS SHOULD BE CAUTIOUS ABOUT MAKING THEIR OWN INVESTMENT DECISIONS.
INDIVIDUALS ARE SOLELY RESPONSIBLE FOR THEIR INVESTMENT DECISIONS. THE COURSE PROVIDERS ARE NOT
RESPONSIBLE FOR ANY LIABILITIES AND LOSSES, WHICH MAY ARISE FROM THE USE AND APPLICATION OF THE
INFORMATION AND STRATEGIES PROPOSED IN THIS COURSE.

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CRYPTOCURRENCY TRADING
THE COMPLETE CRYPTOCURRENCY TRADING COURSE
MODULE 1: HOW TO TRADE CRYPTOCURRENCY IN SIMPLE WORDS
LEARNING MATERIAL – TAKEAWAY NOTE

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Cryptocurrencies in Simple Words


 Cryptocurrencies = Bitcoin, Ethereum, Ripple, etc.
 “Cryptocurrency” refers to one of the following things:
 A digital currency, a virtual currency, a digital coin, or a digital
token that can be used to replace our current local currencies.
 And it also refers to as a payment system that can be used for
sending and receiving money online.

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Cryptocurrencies in Simple Words


 Things you need to know about cryptocurrencies:
 Most cryptocurrencies are decentralized
 Most transactions are made pseudonymously
 Owning a cryptocurrency means you will have a private key

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Cryptocurrencies in Simple Words

Senders Block Chain Validation Receivers

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Cryptocurrencies in Simple Words


 Things to prepare before buying your first cryptocurrency:
 Get a digital wallet where you can store your money online
 Open trading accounts
 Learn how to convert your local money into cryptocurrencies,
and how to sell your cryptocurrencies to get real money
 Know where to find information related to cryptocurrencies

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Digital Wallets in Simple Words


 A digital wallet is an application that stores or holds onto your
cryptocurrency.
 It can be a web-based, a desktop or mobile app, which is created
to help you store your private and public keys.
 It also interacts with various block chains to help you send and
receive cryptocurrencies and monitor your balance.

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Cryptocurrencies in Simple Words


Deposit
Address

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Cryptocurrencies in Simple Words

Deposit
Address

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Important Notes
 If you want to receive a particular cryptocurrency, you must
provide that cryptocurrency’s deposit address.
 For example, if you want to receive Bitcoin, you must use your
Bitcoin deposit address
 You must always double check your deposit address.

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Important Notes
 Make sure you always secure your wallet accounts using 2-Factor
Authentication.

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Important Notes
 Install an antivirus software on your computer and your phone to
protect your account from being hacked.
 Kaspersky Antivirus
 Norton Antivirus
 Bit Defender
 Avoid using your friends’ or public devices to login to your account

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The Best Wallets to Use


 Bitcoin.com is the official wallet for Bitcoin. It offers support for
both Bitcoin Cash (BCH) and Bitcoin Core (BTC). You can easily sign
up for an account at wallet.bitcoin.com
 Blockchain.info is my favorite wallet as it offers support for not only
Bitcoins, but also Ethereum. You can register an account at
blockchain.info

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The Best Wallets to Use


 The third wallet is MyEtherWallet, which supports Ethereum, and
almost all cryptocoins and tokens that are built on the Ethereum
block chain. You can get a free wallet at myetherwallet.com
 Next steps - Create your wallet accounts and then secure your
accounts with 2-Factor Authentication. And protect your devices
with some reliable antivirus software.

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Get Your Crypto Trading Accounts


 Have multiple trading accounts
 Go to some cryptocurrency exchanges’ websites and register for a
free account
 Follow their instructions to verify your account
 When your account is verified, you can easily buy and sell
cryptocurrencies

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Cryptocurrency Exchanges
 For buying Bitcoin, Ethereum & other standard digital currencies
using your local currencies, you can use the following sites:
 Coinbase.com  LocalBitcoins.com
 Gdax.com  Bitstamp.net
 Gemini.com  and Kraken.com

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Cryptocurrency Exchanges
 For buying and selling alt coins, you can use the following sites:
 Binance.com  Kucoin.com
 Bittrex.com  Yobit.net
 Coinexchange.io  and EtherDelta.com
 After completing the registration process, don’t forget to secure
your account with 2-Factor Authentication.

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The Whole Process of Trading Cryptocurrencies

Standard
Alt Coins
Local Money Cryptocurrencies
(XRP, LTC, DASH)
(BTC, ETH, USDT)

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How to Find Related Information

Go to https://CoinMarketCap.com
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WHAT YOU WILL LEARN?
• Fully Develop a Successful Entrepreneurial Mindset (Most Important)
• What does really mean ‘doing business’?
THANK YOU FOR READING!
• Create Multiple Streams of Income
• How to Start a Business Effectively
• Master in Using the Power of Leverage
• How to Build a Successful Business Plan

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