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Why It’s Cool
- No banks involved.
- You can send money to friends in seconds, even across countries.
- Some cryptos, like Bitcoin get more valuable over time.
Bitcoin, The Leading Cryptocurrency
It was created in 2009 by someone named Satoshi Nakamoto and this man remains a mystery because no one knew him. The good thing is that it has limited supply, meaning, only 21 million Bitcoins will ever exist. It can be used for buying stuff and investing as well.
Blockchain
It's a super secure digital ledger which everyone can see but no one can edit. It makes crypto transactions very safe.
Why Blockchain is good?
No hackers can cheat it unless they own 51% of all computers and there are billions of computers where transactions are taking place. You know it's practically impossible for a single person to own 51% of that. The good thing is that the process is totally transparent. So, you can track every Bitcoin that was ever made.
How Crypto Works in 2025
1. Buy Crypto: Use reliable apps like Coinbase, Binance, or Robinhood to purchase your bitcoin.
2. Store It: Keep your crypto in a digital wallet. Binance and Coinbase provides the digital wallet you can use to store your crypto asset.
3. Use It: You can use it to buy things online like games, NFTs, or even pizza (yes, some places accept crypto). You can also trade it for profit.
2025 Crypto Trends You Should Know
1. AI Crypto Projects: A lot investors are making money from AI crypto projects.
2. Meme Coins: There are joke cryptos that go viral like Dogecoin or Shiba Inu. People invest in them to make money after doing the proper research.
3. Bitcoin ETFs: This is a way to invest in Bitcoin without actually owning it.
How to Invest in Crypto Safely For Beginners
Step 1: Start Small :Use apps like Coinbase. It lets you buy $5 worth of Bitcoin. So, it's quite we easy to get started.
Step 2: Stick to Big Names: You need to stick to beginner-friendly coins like Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). You must avoid investing in random coins, especially if it’s getting too much hyped on social media. It'’s probably a scam
Step 3: Secure Your Coin: Use 2FA (two-factor authentication) for your wallet. It's like a lock on your diary and never shares your private keys. The private keys are the password to your crypto.
4 Rookie Mistakes to Avoid
1. Trusting Crypto Gurus: A lot of them are on YouTube begging for likes, don't trust them too much on your investments. They’re probably not experts.
2. Panic Selling: Crypto prices swing so quickly like our mood especially on Mondays
. You just need to keep holding and don't sell quickly because it's dropping in value. 3. Putting All Your Money in One Coin: You don't put all your money in one coin, you need to spread it out. It's like putting all your eggs in one basket. You know, that's not wise.
4. Ignoring Fees: Some apps charge hidden costs and that is why you need to read the fine print before investing.
Why 2025 is the Best Time to Learn Crypto
- Beginner Friendly Apps: Use platforms like Zengo or Exodus. They make it a lot easier for beginners.
- Web3 Gaming: You can earn crypto by playing games.
- Eco-Friendly Coins: People go for cryptos like Algorand. They use less energy than other coins.
Final Tips for Crypto Newbies
- Learn Free: Watch Coin Bureau or Andrei Jikh on YouTube to learn more on cryptocurrency investments.
- Stay Skeptical: If it sounds too good to be true like “double your money overnight”, it is definitely a scam. You need to be very careful.