What is Crypto?

Cryptocurrency is a type of digital or virtual money that

uses cryptography (secret codes) to secure transactions
and control the creation of new units. It operates
independently of any central authority, like a
government or a bank. Instead, it relies on a
decentralized technology called blockchain to record all
transactions and keep the system secure.
 Why use Crypto?
1.) Decentralization: Cryptocurrencies are not controlled by any government or central authority. They
operate on a decentralized network of computers, which means no single entity has complete control
over them.
2.) Privacy: When you use government funds like regular bank accounts or credit cards, your
transactions are often tracked and monitored by banks and authorities. Cryptocurrency transactions,
on the other hand, can offer a higher level of privacy, as they are pseudonymous, meaning they are
linked to digital addresses rather than personal information.
3.) Lower Fees and Faster Transactions: Sending money internationally or even domestically using
traditional banking systems can involve significant fees and take several days. Cryptocurrency
transactions can be faster and have lower fees, making it convenient for some people, especially for
cross-border payments.
4.) Ownership and Control: With cryptocurrencies, you have direct ownership and control over your funds. Unlike
traditional banks, where your account can be frozen or limited, you have sole control over your cryptocurrency wallet.
 How to buy Crypto?
Cryptocurrencies can be bought on multiple different exchanges but for the sake
of simplicity we will go with ''Coinbase''
💸
1.) Sign Up: Go to the Coinbase website or download the 4.) Choose a Cryptocurrency: On the Coinbase dashboard,
Coinbase app from the app store. Sign up for a new you'll see a list of available cryptocurrencies. Select the
account by providing your email address, creating a one you want to buy. For beginners, Bitcoin or Ethereum
password, and agreeing to the terms of service. are common choices.

2.) Verify Your Identity: Coinbase will ask you to 5.) Place an Order: Enter the amount of the cryptocurrency
verify your identity to comply with regulations. you want to buy or the amount of your local currency you
Follow the instructions to provide the necessary want to spend. Coinbase will show you the current price
information and documents, such as a photo ID. and any associated fees. Review the details and confirm
your purchase.

3.) Add Payment Method: Once your identity is 6.) Securely Store Your Cryptocurrency: After your purchase is
verified, add a payment method to your Coinbase complete, you can leave your cryptocurrency in your Coinbase
account. You can link your bank account, credit account, but for added security, it's recommended to transfer
card, or debit card to purchase cryptocurrencies. it to a personal cryptocurrency wallet ie Trezor/Ledger.
Coinbase provides the option to send your coins to an external
wallet.
 How to Store Crypto?
1.) Trezor: Trezor is a hardware wallet
that looks like a small USB device. It is
Trezor/Ledger
🔒
2.) Ledger: Ledger is another well-known
hardware wallet brand. Like Trezor,
designed to keep your cryptocurrency Both Trezor and Ledger are Ledger devices are designed to keep
private keys offline, providing an extra popular brands of hardware your private keys secure and offline.
layer of security compared to software wallets used for securely Ledger offers different models,
wallets. When you want to make a storing cryptocurrencies. including the Ledger Nano S and Ledger
cryptocurrency transaction, you Here's a brief explanation Nano X, each with varying features.
connect your Trezor to a computer or of each. These hardware wallets also support a
mobile device, and it signs the wide range of cryptocurrencies and
transaction using the private keys 3.) Conclusion: Both Trezor and Ledger come with backup and recovery options
stored on the device. Trezor supports are reputable options for securely storing using a recovery seed. Ledger is often
a wide range of cryptocurrencies and cryptocurrencies. They offer a higher praised for its strong security features
level of protection compared to software
is known for its user-friendly interface. and durability.
wallets or keeping your coins on
exchanges. However, the key difference
between these hardware wallets lies in
their design and user interface, so some
people may have personal preferences
for one over the other. As with any
hardware wallet, it's essential to
purchase directly from the official
manufacturer or authorized retailers to
ensure the authenticity and security of
the device.
 But I don't have a Trezor/Ledger yet?
What is Metamask?

Metamask is a cryptocurrency wallet and browser extension that enables users to

interact with decentralized applications (dApps) on the Ethereum blockchain. It acts
as a secure digital wallet, allowing users to store, send, and receive Ethereum and
other ERC-20 tokens. With Metamask, users can seamlessly access and use Ethereum-
based dApps directly from web browsers like Chrome and Firefox, simplifying the
process of engaging with decentralized finance (DeFi) applications, NFT
marketplaces, and more. As a non-custodial wallet, Metamask empowers users with
full control over their private keys, offering enhanced security and privacy for their
digital assets. Its user-friendly interface and continuous development updates have
made it a widely adopted tool in the crypto community for exploring the world of
decentralized applications and the Ethereum ecosystem.
📊 Crypto Market 📊
The crypto market is open all the time, so you can play and trade
whenever you want, even at night or on weekends hence the high
volatility. But remember, it can be like a roller coaster ride with
prices going up and down quickly, so it's essential to be careful
and not spend more money than you can afford to lose when
trading.
 Long-Term Investing
Benefits
📈
1.) Potential for Higher Returns: Cryptocurrencies have 4.) Lower Transaction Costs: Short-term trading can
historically shown significant growth over longer periods. By result in frequent buying and selling, leading to higher
holding onto your investments for the long term, you have the transaction fees. Long-term investors make fewer
potential to benefit from the overall upward trend of the transactions, reducing overall trading costs.
market, which may lead to higher returns compared to short-
term trading.
5.) Opportunity for Compounding: Long-term investing
2.) Reduced Stress and Decision-Making: Long-term investing allows you to benefit from the power of compounding.
is less stressful and time-consuming compared to short-term As your investments grow, they can generate more
trading. You don't need to constantly monitor the market or gains, which in turn can lead to even greater returns
make quick decisions based on short-term price movements, over time.
allowing you to have a more relaxed approach to your
investments. 6.) Less Vulnerable to Market Manipulation: Short-term
traders are more susceptible to market manipulation and
3.) Avoiding Market Volatility: The crypto market is highly
price fluctuations driven by rumors and short-lived trends.
volatile in the short term, with prices fluctuating rapidly.
Long-term investors are less affected by these short-term
Long-term investors can ride out these ups and downs,
factors and are more focused on the overall growth and
reducing the impact of short-term market volatility on their
development of the crypto market.
investments.
 Short-Term Investing
Short-term crypto investing can be like playing a fast-
paced game of chance - it's easy to get caught up in the
Short-term crypto investing can be like playing a fast-
excitement but hard to predict the outcomes. For
paced game of chance - it's easy to
beginners, the long-term approach offers more stability get caught up in the
excitement
and a smoother ride but
through the hard
ups andto predict
downs the outcomes. For
of the
beginners,
cryptothe long-term approach offers more stability
market.
and a smoother ride through the ups and downs of the
-Sun Tzu the Art of not getting
cryptorektmarket.
DOING YOUR OWN RESEARCH 📒
Doing your own research before investing in crypto is crucial for making informed and responsible decisions. Take
the time to understand the technology, team, use cases, and market trends of the cryptocurrency you're interested
in. Relying solely on others' opinions or hype may lead to risky choices, so arm yourself with knowledge to navigate
the volatile crypto market wisely. Remember, the more you know, the better equipped you'll be to handle the risks
and opportunities in this exciting but unpredictable space.
 For a project to succeed it needs to have ALL 3 key
points or what I like to like to call the Triangle Of
Success. We'll be taking $HEX (Which did 10,000x from
launch) as an example.
Public Founder i.e Richard Heart

Success

Strong Community i.e Solid Tokenomics i.e

Hexicans Deflationary
BRIEF BITCOIN HISTORY
Bitcoin (BTC) was invented in 2008 by an anonymous person or group using
the pseudonym Satoshi Nakamoto. The concept was outlined in a
whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." In
January 2009, Nakamoto released the first open-source Bitcoin software,
mining the first block, known as the "genesis block," and marking the
beginning of the Bitcoin blockchain. Initially, Bitcoin had little value, and it
was mostly used among tech enthusiasts. However, over the years, it
gained traction, attracting more users and investors. The first notable price
surge occurred in 2013 when BTC surpassed $1,000 for the first time. Since
then, it has experienced significant price fluctuations, reaching an all-time
high above $64,000 in April 2021. Today, Bitcoin remains the leading
cryptocurrency and a prominent store of value, captivating both
mainstream interest and investment.
Why does BITCOIN go up in Price?
Bitcoin goes up in price due to a combination of factors, one of which is the
mechanism of halving. Every four years, a significant event called "Bitcoin
halving" occurs, where the block reward for miners is cut in half. This means
that the number of new Bitcoins created with each block is reduced by 50%. The
halving event is programmed into Bitcoin's protocol to occur approximately
every 210,000 blocks, or roughly every four years. The halving reduces the rate
at which new Bitcoins are introduced into circulation, leading to a reduced
supply of newly minted coins. With a fixed supply cap of 21 million Bitcoins, this
reduction in supply often results in increased demand, driving up the price as
demand outpaces the rate of new coins entering the market.

Apart from the halving, Bitcoin's price is influenced by market sentiment,

investor demand, macroeconomic factors, and adoption trends. Positive media
coverage, institutional interest, regulatory developments, and global economic
conditions can all impact Bitcoin's price. Additionally, as Bitcoin's adoption as
a digital store of value and a hedge against inflation grows, more investors and
institutions are showing interest in the asset, leading to increased demand and
potentially higher prices. However, it's important to remember that Bitcoin's
price is highly volatile, and market speculation can lead to significant price
swings in both directions.
 BITCOIN
HALVENING
CHART
 Thank you for reading all
questions can be answered in
the group.