Crypto Rich! A Millenial's Guide to Cryptocurrency & Investing Basics
By Michelle Lilly, Imani Smith and Knowledge Smith
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About this ebook
INTRODUCING MICHELLE LILLY, MSc, the first African American woman with a MASTERS DEGREE IN DIGITAL CURRENCY! Her years of training are now in your hands!
What do you see when you look at the world? Wealth? Power? Opportunity? All of that is there for the taking, but I also see the rich getting richer, always working to block out any new players trying to hustle and come up in the game. The financial systems that govern the world were not made to benefit the new generation of investors. Millennials tend to occupy entry-level jobs more than other generations, which means harder work for lower pay. After paying for bills and living expenses, there's just not much money left over. Unfortunately, saving for the future with traditional bank accounts doesn't generate wealth the way we were taught it would.
Cryptocurrency offers a way to divorce ourselves from the current financial system and the way it constricts our growth. The banks gamble with our money, keep 99.9% of the profit when they win and get reimbursed by the government when they lose. Do we really expect them to let us into the game? When whole cultures and generations of people have been blocked from the opportunity to invest meaningfully and earn a decent return on investment, are we surprised that our economics revolve around borrowing money from others? What if we could grow our own finances without permission from the mysterious people who oversee the financial system from the shadows? We already know that low interest rate loans are not available for everyone. It is a privilege to be able to borrow large amounts of money from strangers, a privilege that is not available to everyone. Imagine if you could cultivate your own ability to multiply your savings without relying on the big banks? Crypto investing offers that opportunity to anyone willing to try something new.
If you are looking for a straightforward and simple guide on how to jump in the cryptocurrency market, this is it. Learning a new skill might be uncomfortable at first, but do not misconstrue this as difficulty. Investing your earnings in assets that on average will increase in value over time is easy. For decades, people have been buying gold and silver to give their money a chance to grow in value instead of shrinking with inflation. The supercomputer in your pocket right now has a lightning-fast connection to the rest of the world. Your smartphone is your key to joining the Decentralized Finance revolution. You now have the choice between money that decreases in value every year and money that increases in value over time.
If you become an early investor in quality cryptocurrency projects, you will grow your investment and have the opportunity to sell your tokens and coins to financial institutions and other latecomers for a huge profit. When big banks jump into crypto late in the game, they pay a high price per coin. That profit could be yours if you invest early at a low price. The lessons in this book will show you how to understand the basics of the cryptocurrency markets and the fundamentals that influence which altcoins will be successful over time. You will learn about:
The History of Bitcoin & Future of Altcoins
5 Key Factors of Every Cryptocurrency
Planning an Investment Budget
Developing Your Investment Strategy
Crypto Investing Step by Step
You want to be the next Millennial Millionaire? Buy this book and you'll be one step closer!
Michelle Lilly
Michelle Lilly, also known as “Digital Diva,” is an entrepreneur, cryptocurrency and technology investor, philanthropist, international speaker, business mentor, and a visionary with the power to inspire and create results. Michelle holds certifications in Blockchain and Ethereum Technology, as well as a MSc in Digital Currency.She is a true visionary and has navigated all aspects of business processes, from start-up to sales, raising capital, business and product development. Michelle is the CEO of Blockchain Technologies, where they have built a Blockchain-based Lottery Platform to transform the Global Lottery industry, with the US Powerball being the 1st game they offer. The goal of the project is to enable anyone with a cell phone globally to own their own mobile Lottery Store.Michelle has also built and educated cryptocurrency networks over 7000+. She has authored two ebooks on cryptocurrency; CryptoTalk; The Internet of Money and Women and Cryptocurrency. She is currently developing strategic alliances and partnerships across the globe in the cryptocurrency and blockchain industry. In 2021, she partnered with Dr. Xavier Odili to publish her first best-selling book, Cryptocurrency and the New Black Wall Street: A Beginner’s Guide to Crypto Investing, now available at all major online retailers.Her passion lies in empowering women and youth, to realize their full human potential, while creating financial freedom for themselves. Michelle, draws on her education, research and life experiences to guide and inspire people to tap the power of greatness within themselves, she leads by example. She believes in conscious, fearless and bold living! Michelle enjoys spending her time with family, traveling and reading. She has a wonderful sense of humor and great compassion. Her motto is “You are the Opportunity!”
Read more from Michelle Lilly
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Crypto Rich! A Millenial's Guide to Cryptocurrency & Investing Basics - Michelle Lilly
CRYPTO RICH!
A MILLENIAL’S GUIDE TO CRYPTOCURRENCY & INVESTING BASICS
Copyright © 2021 by Digital Diva, Inc.
All rights reserved. No part of this book may be reproduced, scanned,
or distributed in any printed or electronic form without permission.
First Edition: June 2021
Edited by Xavier Odili, MD
Published by The Book Patch, LLC – http://thebp.site/291063
Printed in the United States of America
ISBN: 978-1-63972-647-9
www.iamdigitaldiva.com
CRYPTO RICH!
A Millenial’s Guide to Cryptocurrency
& Investing Basics
By
Michelle Lilly, MSc in Digital Currency,
Imani Smith, & Knowledge Smith
Dedications
This book is dedicated to my Mom, Reltha (Bonnie) Lilly for being my rock and for always supporting me in my endeavors, and to my Dad, the late Charles Lilly, for passing onto me his spirit of entrepreneurship, and to my two children Imani and Knowledge Smith who are my motivation to create wealth and leave a legacy. I also dedicate this book to all the women who are striving for personal and financial freedom...I lend you my strength and courage to create your own opportunities!!
You are the Opportunity!
-Michelle Lilly
Your Digital Diva
In this world we live in, knowledge is power. Enlightenment illuminates the unknown. Wisdom casts away ignorance. Information opens doors to new opportunities. Knowledge saves both time and money in all aspects of life. I dedicate this book to all the educators in my life who gave me knowledge without asking for much in return. To my parents who provided me my first lessons, to my schoolteachers who helped nourished my hunger for learning, to my friends and classmates in high school and college who helped me as I helped them to reach for greater knowledge, to my professors who taught me without placing limits on my potential, to my patients who taught me to listen more than I talk, and to my wife and children who continue to teach me how to be a better husband and father and to live life to the fullest extent, I thank you all for giving me the knowledge I needed to be where I am today.
-Xavier Odili, MD
Table of Contents
Introduction
The History of Bitcoin & The Future of Altcoins
Black Wall Street: A Brief History
5 Key Factors of Every Cryptocurrency
Planning an Investment Budget
Developing Your Investment Strategy
Crypto Investing Step by Step
Exit Strategy for Taking Profit
Conclusion
Glossary of Terms
Disclaimer – Although this book contains information explaining how to invest your money in cryptocurrency, we must inform you that we are not financial advisors, investment bankers, or fiduciaries. The information we provide is for your education, not specific financial planning for your particular situation. We advise you to research any potential investments before making any and every purchase. You invest your money at your own risk.
For more helpful financial information, please subscribe to our YouTube channels:
Digital Diva & SpeedDocs713
Introduction
By Imani Smith
I remember the day like it was yesterday, the day I got the phone call from my mother to buy Bitcoin for the very first time. I was living in New York City at the time, Brooklyn to be exact, which means rent wasn't cheap and I sure was not in any position to buy anything extra, or at least that’s what I thought. The price of Bitcoin was a whopping $1200 at the time. My mother knew my financial situation all too well. I was a 21-year-old kid barely making it in a strange new city chasing my dream of becoming a Supermodel. Cryptocurrency investing was far from my scope of relatable conversations. Most of the people I knew at the time only knew how to trade Gucci for Fendi or buy the newest limited edition Supreme gear and sell it for a higher price.
Buying Cryptocurrency just sounded like a lot more than I was prepared to do. Fast forward to the year 2021 … 4 years later, Bitcoin has reached an all time high of over $63,000. If I knew then what I know now, I would have taken my Mom’s advice to use my credit line to buy Bitcoin. I realize now that ignorance was the only thing in my way, and since then I have refused to let it stop me any longer. Many young people suffer from lack of knowledge or awareness of investing, and let’s