Thursday, September 07, 2017

5 steps to get started with bitcoin and cryptocurrencies

From Bizjournals.com:

You’ve probably heard about the fast rise of bitcoin and other cryptocurrencies this year.

We’ve seen a rise in bitcoin from $954.71 on December 28, 2016 to a new high of $4,455.97 on August 15 of this year, according to coin market cap.

Some have been calling it a bubble. While that is possible, today we’re seeing major countries and corporations around the world devoting resources to blockchain and cryptocurrencies. You don’t want to take the attitude of those who dismissed major trends like the internet or social media.

So how do you get started with bitcoin and cryptocurrencies?

A great place with a simple, easy-to-understand starting approach is bitcoin.com. That website shows you step-by-step what to do...

A digital wallet is an app. This app holds your digital coins. Usually these wallets are free, and there are many available.

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