Welcome to the Crypto Basics Guide!
At MARMION WAY, we are passionate about educating individuals on the fundamentals of cryptocurrency investing. Whether you are new to the crypto world or looking to deepen your knowledge, our guide is here to help you navigate the exciting realm of digital currencies.
Understanding Cryptocurrency
One key aspect of crypto investing is evaluating different coins to make informed decisions. In our guide, we break down the essential factors to consider when assessing a crypto coin's potential. From market capitalization to technology behind the coin, we provide you with valuable insights to help you make the right choices.
What is Cryptocurrency?
Cryptocurrency is a digital currency. Transactions are verified with records maintained by a decentralized system using cryptography. This is opposite to centralized authority like a bank.
Cryptocurrency can be exchanged online for goods and services. Many companies and brands have issued their own currencies through a DAO (Decentralized Autonomous Organization), often
called tokens, and these can be traded specifically for the goods or services that the company provides. Cryptocurrencies work using blockchain technology.
What are the benefits of investing in crypto?
• Easy transactions
• Massive returns
• Access to a wide range of investment opportunities
• Direct control over investments
• Inflation hedge
• Cross-border payments
• 24/7 markets
What is the Blockchain?
Record keeping in a digital form for cryptocurrency technology. It is the result of sequential blocks that build upon one another to create a permanent and unchangeable ledger of transactions.
What is Bitcoin?
The first and most valuable cryptocurrency launched on Jan. 3rd 2009 that uses peer-to-peer technology to send instant payments digitally.
What are Altcoins?
An altcoin is any coin that’s not Bitcoin. When it comes to alt coins most investors stick to large mainstream cryptocurrencies as an investment.
What is Decentralized Finance (DeFi)?
Financial activities that exclude that involvement of centralized banks, government, or other financial institutions.
What are Decentralized Apps (DApps)?
When developers deploy applications on the blockchain to carry out actions without intermediaries they are called DApps. These
applications are used to complete decentralized finance transactions.
Ready to Dive Into Crypto Basics?
Take the first step towards mastering the world of cryptocurrency investing with MARMION WAY. Join our workshops, schedule a consultation, or attend our community programs to expand your knowledge and grow your financial literacy.