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Starting In Crypto Investment - The Very Basics

Starting In Crypto Investment - The Very Basics

Get your first crypto investment.
Created byCraig Phillips
Last updated 8/2023
English

What you'll learn

  • Understanding Crypto Currency Investment and how to get started
  • Opening your first Crypto Wallet - Its not as scary as you might think
  • Funding your Metamask Wallet
  • Moving and Withdrawing Money SAFELY - Understanding the mechanics.
  • Buying your first Crypto asset.
  • Understanding GAS fees.

Course content

10 sections • 10 lectures • 42m total length

  • Introduction2:17

    Welcome to my course on crypto for complete beginners! If you've always been curious about cryptocurrency but never knew where to start, this course is perfect for you. In a series of short videos, I'll guide you through setting up your first wallet, making transactions, and understanding different networks. While this course is an introduction, I'll be creating another course with more in-depth information. Join me on this journey to learn the basics of crypto and avoid common pitfalls. Get ready to take your first step into the world of cryptocurrency!

Requirements

  • For complete beginners, just to have an interest in cryptocurrency but not knowing where to start.

Description

A beginners guide for how to get started in crypto currency with a series of how-to videos that will guide a complete novice through the steps of setting up their first wallet and investing in their first crypto currency.


The course will cover setting up a metamask wallet

How to add exchanges onto your metamask wallet

How to add BNB to your wallet and what GAS fees are

Understanding how to transfer crypto assets to other people, from other people and between your own accounts.

Seeing transactions on the blockchain and how you can see everything that you have ever done through your wallet.

I provide an overview of cryptocurrencies and stablecoins, focusing on Bitcoin and its market trends. I discuss the concept of market cap and its significance in the crypto world. Additionally, I explain the upcoming Bitcoin halving event and its potential impact on the value of Bitcoin. I also introduce stablecoins as a safe investment option and highlight their stability and government backing. Finally, I touch upon popular cryptocurrencies like Shiba Inu and provide guidance on how to purchase them


I explain what a centralized exchange (CEX) is and why it's important for beginners in the cryptocurrency world. I discuss how CEXs provide an easy way to explore and purchase different cryptocurrencies, such as Bitcoin and Ethereum. I also touch on the limitations of CEXs and the need to use non-centralized exchanges for riskier crypto projects. Additionally, I highlight the importance of transferring funds from a CEX to a personal wallet for added security.


Buying through PancakeSwap and other Exchanges


I will explain the concepts of on-ramps and off-ramps in the world of cryptocurrency. I will discuss how to get money into and out of crypto, focusing on the process of off-ramping. I will share my preferred method of using a crypto card, specifically the one offered by my personal favorite provider, to easily convert and spend your crypto in daily life. I will also mention other off-ramp options and highlight the importance of considering tax liabilities and personal circumstances.

Who this course is for:

  • Complete Beginners.

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