Biggest Bitcoin Blunders
7 Cryptocurrency Pitfalls to Help You Win the Game of Digital Gold
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Narrateur(s):
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Charles Phillips
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Auteur(s):
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A.K. Nowlin
À propos de cet audio
The Bitcoin roadway is paved with gold, but it's also littered with pitfalls.
Roughly 22 percent of the adult population own a share of Bitcoin, so there must be something in it! Perhaps you’ve heard of incredible success stories, such as that of 12-year-old Erik Finman, who invested $1,000 in 2011 to find that two years later, Bitcoin was valued at $1,200 apiece. A savvy investment and another Bitcoin investment later, and he became a millionaire by the time he turned 18.
Erik’s story is one of many tales of triumph–invest wisely, and you really can make an incredible success out of Bitcoin investments. But the reality is that not many new investors do invest wisely–and the tragedy is, they often make the same mistakes over and over again.
Indeed, for every success story, there’s one of failure. Take the Winklevoss twins, who lost a gut-wrenching $1.6 billion. And perhaps it’s these stories of failure that put you off making your own investments. If that’s the case, there’s an easy solution that doesn’t mean you also miss out on your share of the goldmine.
This honest and comprehensive guide will show you exactly what pitfalls to avoid, and what to do to increase your chances of success.
Inside, you’ll discover:
- What sets Bitcoin apart from other cryptocurrencies–and why there’s so much interest in it.
- The number one mistake made by investors all over the world (and what you need to know to avoid making it yourself).
- The physical object you should invest in to protect your investment (and why this is so important).
- Four simple steps to a successful Bitcoin investment.
- The stages of panic selling–and what you can do to avoid it at all costs.
- Exactly what you can do in a market downturn to avoid disaster.