What are crypto assets? How to attain a crypto-currency? Where do I go to buy one?
In this video the attempt is to make analogies to traditional ways of interacting with currency, to provide easier ways of looking at the crypto-market. I find it easy to view and explain it as a blend of ancient and modern, a contemporary mixture of the value of precious metals, tangibility and transaction-ease of fiat, and complexity of foreign exchange of currencies (FOREX), as well as the technical aspects of ETFs, options, futures, etc. Much like purchasing a currency of another country can gain you some return upon exchanging back to your original currency, so can crypto-assets do same, with the added feature of being able to transact between crypto-assests as opposed to trading back to USD as you would have to, in order to buy a different ETF in traditional markets, which may be one of the reasons why "they" decided to make every trade a taxable event.
We do not discuss the blockchain or individual projects, rather zoom out a bit and try and make sense of the valuation, means of exchange, and process of attainment with regards to the crypto-world. This is obviously a very short video with limited information, more videos will be coming to elaborate and expand on these ideas.
I am sure there are many brilliant minds that can shine light on this subject beautifully, and I welcome all constructive critique, guidance to resources, and discussion on the comment section below.
⚡Support The Channel
DONATE
BTC - 17d6bmbvwg5qSFGSEN1MN5eoTP9LANFTuZ
ETH - 0xDf5dc277aD7C826a0431a8cCDce7dFC7E773F8C1
LTC - LVp5wKYCAiogvTx6RhWBVsTxH7yUHestKi
DASH - XhGjwmt7gpngZrxj4c9B1MsUWd9QYhs2wL
SLT - 0xbc19cdf2f9d034777c9cd79ad83661c06f96c55a
JOIN COINBASE - Buy Bitcoin, Ethereum, & Litecoin
Buy Bitcoin & Get $10usd FREE by joining COINBASE
https://www.coinbase.com/join/52d8be3898c9ea1cf30000a4
JOIN BINANCE - Buy Your Altcoins
Looking to trade altcoins? I recommend BINANCE
https://www.binance.com/?ref=13529515
JOIN KUCOIN - Get Up And Coming Coins Before They List On Big Exchanges
https://www.kucoin.com/#/?r=28fQh
JOIN SALT (SLT)- A lending and borrowing network that allows users to leverage their blockchain assets to secure cash loans. You can borrow the asset you want to spend, regardless of credit history or geographic constraints!
https://membership.saltlending.com/register?r=YU4lk
TRADING VIEW
Want to look at the charts and do technical analysis. I recommend
https://www.tradingview.com/
⚡Connect With Me!
On Steemit.chat or comment on my blog!
Steemit Blog: Steemit.com/@AnthonyGuadamuz
⚡Disclaimer:
NOT FINANCIAL ADVICE– The Information you receive from Anthony Guadamuz is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.
The Information contained herein or provided from or through this, or any other content created by Anthony Guadamuz, is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice.
The Information from or through this content is general in nature and is not specific to you the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this website without undertaking independent due diligence and consultation with a professional broker or financial advisory.
You understand that you are using any and all Information available, produced by Anthony Guadamuz, at your own risk.
RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.
▶️ DTube
▶️ IPFS