Otherwise known as cold storage is a place where you keep your coins safe offline and away from a computer.
Here are example of a few
I’ve invested in BCH as a more long term investment its part of Bitcoin that had a hard fork (Separation from Bitcoin) and wanted to do their own thing. There’s another fork coming up which will create Bitcoin Gold i’m going to buy into those too and hold. Which will allow me to buy more Bitcoin and other Altcoins.
D_J
October 20, 2017, 9:48am
42
MortyTuumbo:
Back in 2010 when i was in highschool i first started hearing about bitcoin and didn’t care much about it until the 3 years when i was offered for 10 bitcoins to try it out at a tech fair. Ignored the offer because at the time there was nothing you could purchase with the coins well expect drugs and prostitutes and weapons on the Silk Road.
Skip forward to today Bitcoin is now selling at 5,000+ if i had taken those 10 coins i would have $50,000 dollars today. But that’s not the issue you can invest in Bitcoin in small increments and get still make money but the goal for that is for you to OWN ONE BITCOIN. List of coins. These coins are slowly rising in value and by next year some of them will be growing faster than Bitcoin.
How will this help you escape poverty? Governments totally hate this cryptocurrency wave and in china the government tried and failed in blocking blockchain technology. This is the algorithms that churn out bitcoins after they’re mined from computer CPU’s and GPU’s… Anyway Bitcoin and Altcoins are seen as threats because you can virtually not pay for taxes unless you choose to convert them into money.
So from your weekly paycheck or monthly salary invest any amount percentage should be %50 bitcoin and %40 altcoins or whatever you decide suits you best.
Lastly remember this is not a get quick rich scheme it’s a long term game that will make you a shit load of money or make you poorer, it depends how you play the game. High risk and High rewards.
Things you’ll need to start
A cryptocurrency buying site that works in Kenya which you can buy altcoins.
A cryptowallet
A crypto portfolio management site that will track your earnings
And keep track make your own books.
Hi. Thanks 4 this post please provide a legit link(s) a person start on these items you have listed to start with.
Have you heard of Electroneum good sir?
Yes.
Its a platform that will bring Ethereum and other cryptocurrencies close to people.