A software wallet is used to hold value, is much like a regular wallet with the difference that a regular wallet does hold your physical fiat currencies be USD, EURO, YEN etc. and the Bitcoin software wallet does not hold actual Bitcoin, Bitcoin exists on the ledger also referred to as blockchain your software wallet…
Hardware wallets are very similar as software wallets in the sense that both safeguard your private keys, the hardware wallets do have one great advantage when compared to software wallets. Under normal circumstances software wallets are installed on mobile phones or computer systems this makes them HOT wallets as they are always connected to the…
Fiat currency like USD, EUR, GBP, VES, ARS are being debased, by saving in these currencies you are loosing purchasing power on a daily basis instead of increasing it which is the main reason to start saving. In the case of the United States trillions of dollars have been printed since the start of the…
A Bitcoin wallet is used to hold value is much like a regular wallet with the difference that a regular wallet does hold your physical fiat currencies be USD, EURO, YEN etc. the Bitcoin wallet does not hold actual Bitcoin, Bitcoin exists on the ledger also referred to as blockchain your Bitcoin wallet holds you…
The best approach to trading Bitcoin in my opinion is not to, the best approach is to accumulate and hold or the way is commonly referred HODL here is why I say this, Bitcoin is currently extremely volatile unless you are a pro trader at least in my case is hard to be able to…
Great you have been able to get you hands on some Bitcoin, if you used an exchange you may have it sitting on the exchange wallet, unless you plan to be day trading this is not a recommended practice for several reasons: You do not hold the private keys for this wallet but the exchange…
Bitcoin was created in 2009 by an anonymous person or group of persons going by Satoshi Nakamoto following the 2008 financial crisis, Bitcoin has two parts one is the digital cryptocurrency the other one is the network that maintains the ledger (or blockchain) tracking all transactions and balances is done by a massive computer network….
There are only 21 million bitcoins that will ever be issued of these a total supply of 18,558,825.40 BTC has been issued (as of the time of writing), you could get your hands on some of these Bitcoin by: Exchanging them for goods or services. Buy Bitcoin an an exchange. Mining it. – Exchanging Bitcoin for…