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News: Welcome to eMoneySpace! Aug 10, 2022 12:15 AM




In the dark about crypto
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Author Topic: In the dark about crypto  (Read 1126 times)
KurtSamuels
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Mar 22, 2022 06:37 AM

Hello to everyone  Smiley

I hope to invest money and get some passive income. My knowledge in this field is zero.

Can you suggest where do I start? Maybe there are some available courses online ? or other free information?

Thanx!
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dablockchainpet
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Reply #1: Mar 24, 2022 02:56 AM

First always always DYOR (Do your own research)

Wallet <- this is used to store tokens (nfts and cryptos) ; these can be cloud storage, paper, and others but the most important part is the PRIVATE KEYS. Just like in real life, no key, no access.

Blockchain <- the tech behind the madness (web 3.0)

crypto <- data storage (POW aka time+energy consumed, can be "tied" to real life assets like homes, money, etc)

NFT <- another storage layer in a sense

The terms used above are not the most no idea but it should help you get started in understanding. But start there first. NOT INVESTMENT ADVICE my strategy when just starting out, BITCOIN is the current winner for $$ storage, ETH is the fuel powering most other cryptos. As you begin to understand the code then you can move on to other "tools" like Dogecoin, Shiba, ADA, etc.
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