Bitcoin Fundamentals 2020: Become A Proficient Bitcoin User
4.7 (30 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
6,528 students enrolled

Bitcoin Fundamentals 2020: Become A Proficient Bitcoin User

Master Bitcoin! Learn How To Setup A Secure Bitcoin Wallet, Buy Bitcoin, Sell Bitcoin, & Invest In Bitcoin Proficiently.
Highest Rated
4.7 (30 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
6,528 students enrolled
Last updated 5/2020
English
English [Auto-generated]
Current price: $69.99 Original price: $99.99 Discount: 30% off
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This course includes
  • 2 hours on-demand video
  • 2 articles
  • 2 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Setup A Secure Bitcoin Wallet.
  • Buy & Sell Bitcoin Using The Best Exchanges.
  • Understand The Investment Philosophy Behind Bitcoin.
  • How To Claim Your Forked Bitcoins.
  • Understand How Bitcoin Works As A Technology At Depth.
Requirements
  • An Open Mind To Grasp The Revolution That Is Bitcoin!
Description

Have you heard about Bitcoin, but not exactly sure on what it is?

Have you seen everyone else get involved with Bitcoin, but you’re confused on how to join in?

Maybe, you’re interested in learning about the economic and technological impact of Bitcoin?

Well, worry no more! In this course, we're going to help you alleviate all of those questions you have around Bitcoin, and then more! Discussing the ecosystem at much more depth than any other Bitcoin course, so by the end, you will be a proficient user of Bitcoin!

Ravinder is the instructor that will be taking you through this course, he is a Best-Selling Cryptocurrency & Blockchain course creator. Teaching now approaching 100,000+ Learners in over 190 Countries!

This course has a pure and simple goal. We're going to help you understand Bitcoin so you can become a proficient user within this ecosystem, following which you can use this new gained knowledge to profit from it.

That’s the pure and simple goal, and that entails discussing every element of this ecosystem which I’m sure you’re going to find truly fascinating.

So join us, and lets start laying the fundamental groundwork! Following which we can commence with diving into the depths of Bitcoin helping to grasp it and the wider ecosystem fully, ensuring you become an intelligent investor, user, and advocate of it!

Who this course is for:
  • Those Who Want To Understand Bitcoin At Depth To Make Investment Decisions.
  • Individuals Who Want To Learn The Best Ways To Buy & Sell Bitcoin.
  • Investors Who Want To Understand How To Best Store Bitcoins.
  • The Curious! Those Who Know Just Enough, But Not Enough To Get Involved Smartly.
Course content
Expand all 40 lectures 01:57:48
+ Introduction To The Complete Bitcoin Course
2 lectures 07:27

In this course, I’m going to help you alleviate all of those questions you have around Bitcoin, and then more! Discussing the ecosystem at much more depth than any other Bitcoin course, so by the end, you will be an educated user of Bitcoin!


Preview 07:08
+ The History Of Bitcoin
2 lectures 06:49

In this lecture I want to give you a clearer idea on the founding of Bitcoin, as well as, how events in history led to Bitcoin becoming this, financial anti-establishment tool that is available today.


Preview 05:28

On exactly October 31st 2008 the Bitcoin white paper was published, in that white-paper Bitcoin was explained to all, and it outlined what Bitcoin was all about as well as the vision for it.


Bitcoins Timeline Of Events
01:21
+ The Technology Behind Bitcoin
4 lectures 18:38

In this lecture I’m going to talk about how Bitcoins are created, ensuring you understand how the process works. I’m not going to give you a deep dive into Bitcoin Mining, that’s for later in the course, at the moment I just want you to be aware of how the actual creation process works.


How Are Bitcoins Created?
04:04

If you weren’t already aware, Bitcoin has a Max Supply, that being 21 Million Bitcoins. Once that point is reached, then no more Bitcoins can be created, the Max Supply would’ve been reached.


The 21 Million Limit
03:43

Once you understand how the Bitcoin blockchain works, going forward you’ll be able to understand how other blockchains work, however, other blockchains do have there own differences as well, but the key fundamentals are the same.


Innovation Of The Blockchain
06:10

The fact of the matter is, Bitcoin has impacted the global economy in a way which no one predicted. In this lecture I’ll detail three ways in which Bitcoin, and in fact, the wider Cryptocurrency Market has impacted the economy. That’ll help you understand the wider impact!

The Economic Impact Of Bitcoin
04:41
+ Bitcoin Wallets
3 lectures 07:03

If you’re not aware of what Bitcoin Wallets are, the easiest way to look upon them, is as bank accounts in the Bitcoin Ecosystem. But, one which you have a lot more control over, and isn’t riddled with endless paperwork in regards to setting one up.


Which Bitcoin Wallet To Choose
03:19

In this lecture, I’ll be guiding you through the process of setting up a wallet. You’ll be shown the process required for setting up a Web Wallet, which will be CoinBase. It’s the most popular wallet, and Cryptocurrency company currently around. It was the first to reach a billion dollar valuation.


How To Setup A Bitcoin Wallet
02:41

As the Bitcoin ecosystem is constantly evolving, we’re getting introduced to new wallets regularly. There are a lot of awesome wallets out there, that we just have to mention, we don’t want you missing them. Simply because, they may suit your personal preferences better than others.


List Of Bitcoin Wallets
01:03
+ Buying & Selling Bitcoin
5 lectures 11:28

Buying Bitcoin for those just getting started in this ecosystem can feel overwhelming, so many options, or depending on where you are in the world, very few options. In this lecture I’ll walk you through the main option you have when it comes to Buying Bitcoin, following which, in another lecture, I’ll guide you through the Bitcoin Buying process using a specific service.


Where To Buy & Sell Bitcoin
05:07

You may remember, I guided you through the process of setting up a wallet. That wallet was of course, Coinbase, a Web Wallet. Which is the most popular wallet, and Cryptocurrency company currently around. It was the first to reach a billion dollar valuation - a unicorn in the startup world.


How To Buy Bitcoin
02:17

There are many ways to buy Bitcoin now, whereas in the early days it was very restricted. Whether you’re buying through; Trading Exchanges, Direct Trading Exchanges, or Broker Exchanges. 


List Of Places To Buy Bitcoin
00:55

Now that I’ve guided you through the process of setting up a Bitcoin wallet, and buying Bitcoin. There will naturally come a time when you want to sell Bitcoin, when that time comes, I want you to be prepared. So, in this lecture, I’m going to walk you through how to sell BTC using Coinbase.


How To Sell Bitcoin
02:13

There are many ways to sell Bitcoin now, whereas in the early days it was very restricted. Whether you’re selling through; Trading Exchanges, Direct Trading Exchanges, or Broker Exchanges. 


List Of Places To Sell Bitcoin
00:56
+ Investing In Bitcoin
4 lectures 17:26

It’s a slang term that has been adopted by the Bitcoin Community, and the wider Cryptocurrency Community as of late. Which at its core means; Holding Cryptocurrency, Rather Than Selling It. It follows the principles, and philosophy, of a; Buy And Hold Strategy.


HODL Strategy
04:17

Once you buy into Bitcoin, and other Cryptocurrencies, you’ll find that you will quickly become obsessed with the price movements. Constantly checking your phone, seeing if you’re in profit, or, in loss. The markets are so volatile, and move so much daily, that this will become an addiction.


Tools To Track Your Portfolio
03:31

In this lecture I’m going to discuss Safeguarding Your Portfolio, regardless of whether you’re a security expert or not. These three safeguarding tips are applicable for everyone joining the Bitcoin ecosystem, to ensure there Bitcoins remain as safe as possible, away from hackers.


Safeguarding Your Portfolio
05:39

The reason this question comes up many times is due to the fact that Bitcoin, has no physical denominations what so ever. It only exists digitally, in between computer systems. Of course, we know that Bitcoin is limited in its creation to 21 Million Bitcoins, so it creates that scarcity. As with many scare resources, the value is deemed to rise as it becomes ever more scarce.


Will Bitcoin Continue To Have Value?
03:59
+ Trading Bitcoin
3 lectures 08:23

Why did I include a lecture on Trading Bitcoin, in fact, Cryptocurrencies in general. Well, it’s something that so many people feel like their missing out on, by missing out, I mean they feel they’re missing out on huge returns.


Why This Should Be Left To The Experienced
03:21

In this lecture I’m going to highlight the Binance Cryptocurrency Exchange, and show how you can Buy, and Sell Bitcoin, as well as other Cryptocurrencies using this exchange.


How To Use A Cryptocurrency Exchange
04:05

There are many ways to trade Bitcoin now, whereas in the early days it was very restricted. Whether you’re trading on; Full Fledged Trading Exchanges, Direct Trading Exchanges, or Broker Exchanges. 


List Of Bitcoin Exchanges
00:57
+ Earning Bitcoin
3 lectures 09:16

Before I go into showcasing websites you can take advantage of to potentially earn Bitcoin. I want to make three key things clear, that way you approach these websites with the right mindset.


A Disclaimer About These Methods
02:24

There are many ways to earn Bitcoin now, whereas in the early days it was very restricted. Whether you’re earning Bitcoin through a; Faucet, Online Game, Affiliate Linking, and more.


List Of Sites To Earn Bitcoin
00:57

If you happen to run a online, more digital focussed business, you’ll find great value in this lecture. As I’m going to walk you through the process of setting up Bitcoin Payments. We’re going to be using BitPay as the example here, it’s a great company in the space which I highly recommend.


How To Accept Bitcoin Payments
05:55
+ Spending Bitcoin
3 lectures 09:19

In this lecture, I’m going to give you a practical example of how you’d potentially spend Bitcoin, with a merchant who accepts it. Being able to see this process will help you understand the customer journey, which I can assure you, is frictionless.


How To Spend Bitcoin
02:36

Well in this lecture I’ll be going over purse.io with you, which allows you to save between 10% - 20% on Amazon goods. Not only is this a great opportunity for saving money on your general purchases, but it also opens up the opportunity for arbitrage. If you’re not aware of what arbitrage is, it’s simply the buying and selling of something on different markets, to take advantage of the differing prices for the same product.


Buying Items Off Amazon With Bitcoin
05:47

There are many place to spend Bitcoin now, whereas in the early days it was very restricted. Whether you’re spending Bitcoin at an online merchant, or physical merchant.


List Of Merchants Accepting Bitcoin
00:56
+ Mining Bitcoin
3 lectures 10:26

Mining is the process of adding transaction records to Bitcoin's public ledger of past transactions, and the term Blockchain comes from this, as it’s the ledger of previous Bitcoin transactions which is a chain of blocks. On top of that, it’s the process in which Bitcoins are added into the network, and the current reward is 12.5 Bitcoins for solving a block, which halves every 4 years.


How Bitcoin Mining Works
04:37

Let me share a little story with you in this lecture, if we can call it that. I want to share my visit to Genesis Mining, in Iceland with you. I want to give you an insight into a large scale mining operation. I am by no means endorsing any product or service here, just sharing my experience, from which you can gain value, as mining is something which intrigues the masses.


My Visit To Genesis Mining In Iceland
03:19

In the early days of Bitcoin it was possible to mine Bitcoin using nothing but your laptop. But, Bitcoin has the difficulty level of mining hard-wired in, hence, laptop mining just couldn’t keep up. You could setup a Laptop Bitcoin Miner, and not gain anything in return for your lifetime!


Is Bitcoin Mining Profitable?
02:30