Major Coin: Understanding Cryptocurrency for Safe and Effective Trading (Part I)

I have included all the text here for part one in this article.

But you can also find it here-->https://my.w.tt/8Q3tlsLtTM on Wattpad for the best formatting.

Introduction

I always hated the introduction.

Disclaimer

Everything in this book is my opinion. I am not giving you advisement on your investments. I am additionally not legally responsible for the decisions you make. Should you choose to take this information and apply it to your investing, you do so at your own risk. The contents of this book are for informative and entertainment purposes only. By continuing to read this book you show that you acknowledge these terms.

Additionally, if you do decide to build a chicken coop and raise chickens I am not liable for chicken attacks, chicken pox, early morning rooster calls, or reports to the police from your grumpy neighbors.

Legend

The Breath

Deep breathing will be your greatest ally while investing. In fact, it will be the most important thing you do in any situation in life. Besides the obvious consequence of dying, not breathing well will prevent you from thinking clearly and make it easier for you to get stressed out. Most people do not breathe deeply nor frequently enough. We have our modern lifestyle to blame for most of that. When we do breathe correctly, incredible things happen. Try it now. Three deep breaths. I'll wait.

1...

Stop rushing it. Take your time

2...

Engage the senses. Feel the breath filling your passageways.

3...

How do you feel now? A bit more refreshed, relaxed, focused? It's like magic. So I ask that every time you see a bold word in this book, take a deep breath. Let it be a reminder. Because breathing deeply will reduce the fear response, increase mental focus and give you better health overall. This will all be extremely useful in the world of trading. So Breath!

Good People Investing Well

This book is meant to (unofficially) help you make money, and help you keep that money. But I asked that above all these things you be moral and ethical in your pursuit. It is not enough to be good at making money. Anyone can do that. In fact, it is quite easy if that is all you care about. It is something else entirely to be a good person who invests well. A little more challenging, but ten times more rewarding.

We need more people in the world who can be incredibly successful for themselves while also having a positive impact on their loved ones, their community, and society at large. All of these things can be done in unison. We know what is right and what is wrong. We have a compass built in us and laws on the books. We know what is wrong by applying the consequences of any situation to our own lives. Would we be ok if someone did it to us? Lying, stealing, inflicting pain are of no use to any of us. It only leads to ruin.

These actions cause anger and confusion which often lead to destruction. There is enough wealth in the world that you don't have to steal what others have worked for. Two heads working together brings about more good than one person stepping on them. It's not rocket science, it's common sense. Be the better version of yourself. Every day, strive to be greater than you were the day before. Bring that wisdom and compassion into trading. I guarantee you will not regret any of it when thinking back counts for something. In the name of the God that is in all people, AMEN.

Bolded Terms

You may encounter confusing terms as we proceed through the book. For this reason, I have bolded technical terms. Those terms will be defined at the end of every chapter for reference as needed. A list of these definitions will additionally be located in part III, right after "How to build and maintain a chicken farm for financial gain". I will supply a cursory explanation in the text while explaining, but be sure to stop and read the definition if anything confuses you. It's worth the extra thirty seconds to wrap your head around a concept fully.

Navigating the Book

I've organized this as a reference book in addition to being a progressive read. In fact, a full version of the book and a release of individual sections will be provided. A detailed table of contents and a rich heading system will make it easy for you to find exactly the information you are looking for without having to push through concepts you believe you already understand or you don't think are pertinent to your success.

I think it is important to offer this option in the mile a minute world we living in. Though the book is quite short and the sections are leaner than Bruce Lee! You could probably get through the whole thing enjoyably in a weekend. Just the same, read as you prefer. You can go right to the coin vetting section and get to work on your research, using the list of resources at the end of the book to get everything you need to start investing. For Wattpad readers, this ability won't be available until all chapters are released.

Part One: History and Justification

The first part is an educational boot camp for currency and cryptocurrency. I will walk you through the fundamentals of currency I think you should know before investing. You will learn about the limitation of the money we use today and how cryptocurrency is changing that. This market is additionally unregulated and highly volatile, so a chapter has been dedicated to informing you of the dangers of investing. Lastly, I will discuss the most important characteristics of coins that you need to consider when researching and investing. By the time we're done with part one you will know exactly how crypto works, why it is changing the way money and the internet is used, and the good bad and ugly of the wild west of crypto. Did you just say that in a raspy tough guy voice? I certainly hope so.

Part Two: Investing Intelligently

The second part is your reference manual. It contains instruction on the different investment strategies you may want to employ (based on your personality, available time and risk tolerance) and what tools you will need to invest well. There are several that you need to be effective and successful. Finally, you will be given important mantras to maintain your sanity in order that you pierce through the emotional and psychological clutter that will be abound as you start to invest REAL money into this endeavor.

Part Three: Resources and Terms

The last part of the book will give you the following resources.

A list of technical terms and jargon used throughout the book.

People of interest you may want to follow.

Case studies of several cryptocurrencies using my vetting and grading process.

List of highly reviewed applications from the list of tools you will need, that I address in the second part of the book.

Some highly questionable things that may make you rethink how you feel about me as a person.

Keep in Mind...

This book is dedicated to the hyperbolic climb toward greatness. It is meant for you to become a critical investor. The obvious outcome is that you will learn how to make money and keep it! You will do this by learning empirical methods of investigation; understanding what gives these currencies potential to grow and what gives them sustainability to maintain your profits.

In learning how to conduct yourself with virtue in the crypto world, I may achieve a loftier, dare I say, more noble goal. That is, to create a culture of critique and discernment where the many have the wisdom to critique the market into a better version of itself. There are over 1000 coins out there right now and many of them will probably prove themselves to be nothing more than a means to take quick profit from naive investors. They will do so without offering any real utility to the world.

There are also incredible projects with brilliant visionaries, set to change the world in positive and profound ways. The better we get as individual investigators, the quicker we will be able to raise our heroes on high and progress faster and more effectively into the future. So read well, and if you think I have done the job I set out to do, please, review this book and tell a friend about it.

Here's to hoping you enjoy this book, as it brings you wealth of mind and wallet. I wish you all good fortune in the trades to come.

#Wolfin'