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Bitcoin For Dummies, by Prypto
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Learn the ins and outs of Bitcoin so you can get started today
Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now.
- Understand the ins and outs of the Bitcoin market
- Learn how to set up your Bitcoin wallet
- Protect yourself against fraud and theft
- Get started trading this exciting new currency
The Bitcoin market is huge, growing quickly, and packed with potential. There's also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin.
- Sales Rank: #31963 in Books
- Published on: 2016-04-04
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x .50" w x 6.20" l, .0 pounds
- Binding: Paperback
- 208 pages
From the Back Cover
Learn to:
- Understand the ins and outs of the bitcoin market
- Set up your bitcoin wallet and get started
- Protect yourself against fraud and theft
The clear, quick, easy-to-follow guide to getting started with bitcoin
The bitcoin market is packed with potential, but the nuances of how it works—and the risks involved—can be a bit difficult to grasp. This informative guide breaks it all down so you can start trading crypto currency with confidence. Know where your money is going, manage risks, and bank on bitcoin today!
- What is bitcoin? — discover the what, why, and how behind bitcoin and start making money in the markets
- Bank on it — get your hands on a bitcoin wallet, set up an address, understand your private key, and grasp how security works
- Get down to business — find out how to use bitcoin to buy goods and services, pay bills and employees, and accept digital currency for your store
- Protect your digital asset — defend bitcoin from hackers, watch out for attacks and double spending, and secure your bitcoin
Open the book and find:
- Exactly how it's used
- How to securely store your bitcoin
- What you need to know about encrypting
- The lowdown on trading and crowdfunding
- How it's regulated
- Where it's banned
- Services that help you with taxes
- Bitcoin pros and cons
- Ten great ways to use it
About the Author
Prypto is known as a brand for "Keeping Crypto Simple" by offering bitcoin scratchcards to resellers. Its client base is those who are new to bitcoin or those who want to try it out. Prypto sponsors all major bitcoin events, releases videos on how bitcoin can help their customers, and specializes in turnkey blockchain solutions.
Most helpful customer reviews
1 of 2 people found the following review helpful.
I like the for dummies books
By Norm N
I like the for dummies books. I still feel lost and have not yet bought any bitcoins. I'll have to read it again.
1 of 3 people found the following review helpful.
Did not know anything bitcoin related!
By Francisco
Very clear explanation on how everything bitcoin related works, if you're wondering if you should be getting into the bitcoin trend or not and how to handle yourself then this book is for you :)
9 of 9 people found the following review helpful.
This book has cleared up so many misconception I had about bitcoins
By ApplianceJunk
A few years ago I tried to learn what I could about bitcoins using Google searches. The more I read online about bitcoins at the time the more confusing the subject got for me. It was also around this same time that Apple removed all Bitcoin Wallet apps from their app store. Between the confusing information I was finding online, Apple dropping all Bitcoin Wallet apps (Bitcoin wallet apps have since returned to the app store) and some negative stores about bitcoin in the news at the time I decided Bitcoin was not something I wanted to put anymore time into let alone my hard earned cash.
Fast forward a few years and I decide to do some more research on bitcoins. Being a big Amazon Prime fan now and a big fan of the “for Dummies” books I go to Amazon to see what I can find. Much to my surprise I find the book “Bitcoin For Dummies 1st Edition” and it was just recently published! I download the free sample and minutes later I purchase the kindle version of the book.
What a eye opener Bitcoin For Dummies has been for me. If you are like me and feel that you don’t really have a good understanding about how bitcoins work or even what they are then I highly recommend you read this book from cover to cover. The book does a excellent job of touching on all things bitcoin. I thought at first this book maybe just one sided and only put a positive spin on bitcoins, but it does not. The book talks about the good and the bad. It talks about bitcoins history along with how things have changed and how to currently protect your bitcoins.
After reading this book from cover to cover I feel that I have a really good and solid understand of just what bitcoins are and how they work. Well reading the book I opened up a couple Bitcoin Wallet accounts (CoinBase & blockchain) along with ordering a KeepKey hard wallet. Along with my new found knowledge of bitcoins I have had the confidence to purchase my first bitcoins!
This book has cleared up so many misconception I had about bitcoins and I can’t say enough good things about it, highly recommend!
I will now leave you with a quote from the book and something for you to think about...
"No one is saying you need to put your full trust in bitcoin from the start, as there is a lot of information to sift through. But if you are willing to keep an open mind to what bitcoin stands for and the point it is trying to get across, you can make a weighted decision on whether or not to put your trust in digital currencies."
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