Crypto Currency Guide for Beginners
Disclaimer: My Personal Opinion not a financial Advice. Do your own research before Investing.
Introduction:
Crypto currencies:
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.[1][2][3] Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.
Bitcoin, created in 2009, was the first decentralized cryptocurrency.[4] Since then, numerous other cryptocurrencies have been created.[5] These are frequently called altcoins, as a blend of bitcoin alternative.[6][7][8] Bitcoin and its derivatives use decentralized control[9] as opposed to centralized electronic money/central banking systems.[10] The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.[11]
https://blockgeeks.com/guides/how-to-invest-in-cryptocurrencies/
Blockchain:
https://blockgeeks.com/guides/what-is-blockchain-technology/
https://www.coindesk.com/information/what-is-blockchain-technology/
Bitcoin
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.
https://www.bitcoin.com/
https://www.coindesk.com/information/what-is-bitcoin/
Ethereum
https://www.coindesk.com/information/what-is-ethereum/
https://www.investopedia.com/articles/investing/031416/bitcoin-vs-ethereum-driven-different-purposes.asp
Litecoin
https://finance.yahoo.com/news/litecoin-everything-need-know-184858570.html
Some Alt-Coins to watch for in 2018 : https://coinmarketcap.com/
Dash - Privacy
IOTA - Internet of Things
Ripple - Centralized Banking - Have jumped 400% in last 1 month.
Cardano - Decentralized banking and Privacy - Have jumped 300% in last 1 month.
VERGE - Privacy - Have jumped 900% in last 5 months.
Monero - Privacy
EOS -
Doge - Faster currency. Have jumped 200% in last 1 month.
Digibyte - Have jumped 200% in last 1 month.
Raiblocks (XRB)
Buying / Selling Bitcoin -
https://www.coinbase.com
Www.gdax.com
https://cex.io/ - has stopped New registrations.
https://changelly.com/ - Costlier than Coinbase. Charges enormous fees.
Mining - Cloud:
Hashflare: One of the Leading mining site. You can mine Bitcoin, Litecoin, Ether. Easy to understand accepts major credit card. Pays upto 1% per day.
Click on this Link to register: https://hashflare.io/
CCG Mining: New reliable mining company with open ended mining contracts. Only other company dealing with open ended contracts is Minergate. Has higher price contracts as per Hashflare but the contract lengths are double that of hashflare. Profit calculators provide comparable results to the mining profitablity calculators available. E.g Coinwarz. You have to buy with Bitcoin or Payeer. No credit card accepted.. https://www.ccgmining.com/
Sun-Mining: Looks Shady, No Datacenter or Office address available , No details about owners. but has very good packages. Has been paying 1% per day so far.
Click on this Link to Register: https://sun-mining.com/en/prices/?
Genesis Mining (Only Monero Available): No Availability of good contracts. https://www.genesis-mining.com
Hashing24 (Not Availale): Available only outside US. But most of the packages sold out. https://hashing24.com/tariffs
Minergate : Not used this one but will. Has different style of mining. Also provides cloud mining for Bitcoin and Monero. https://minergate.com/
NiceHash : Very complicated. You need to be pro at mining. Contracts are very short and has to mine with various pool site. The two pool sites i have used are - multipool.us and https://miningpoolhub.com/
Lending:
Davor Coin - It another Lending platform works similar to Bitconnect. Very attractive Returns on Investment. High Risk High returns. Davor Coin is available for trade. The value has been increasing at higher rate than lending. Website give you an option of staking coins or Lending. https://davor.io/
ETH Lend: Similar to Bitconnect uses Ethereum Network. Very New. Not sure how to use it so far.
Trading / HODL (Holding) -
Binance.com -Best Website to buy Altcoins. https://www.binance.com/
www.bittrex.com
https://www.kucoin.com/#/
https://hitbtc.com/exchange/
www.kraken.com
https://www.cryptopia.co.nz/
ICOs:
Similar to IPOs. Before any new initiative companies do Crowdfunding for their concept on Blockchain. If you get into good ICO returns are as good as 100% within 15-20 days.
https://tokenmarket.net/ico-calendar/upcoming
https://www.icoalert.com/