Cryptocurrencies have become all the rage over the last few months, especially after the meteoric
rise in the price of Bitcoin back in December 2017. It used to be that cryptocurrency investing
was the realm of experts and savvy investors. But because of Bitcoin's massive success and
popularity after December 2017, things have changed. It has now expanded to include even the
smallest and least experienced of investors. Before going into the details of hodling and
cryptocurrencies in general, it would be very beneficial for you to get a glimpse of how
cryptocurrencies became what they are now.
Brief History of Cryptocurrencies
It all began in the 1990s when American cryptographer, David Chaum, created what was
considered as the first kind of online money in the Netherlands: DigiCash. He created DigiCash
as an extension of an encryption algorithm that was considered popular during those times,
which was RSA. The technology he created, together with its eCash product, was able to
generate a huge amount of attention from the media. It became so popular that Microsoft
Corporation tried to buy DigiCash for $180 million with the intention of placing DigiCash on
every computer in the world that ran on the Windows operating system. One of the crucial
mistakes Chaum and his company made was to reject Microsoft's $180 million offer and earn the
ire of De Nederlandsche Bank (Netherland's Central Bank), which was the Netherland's primary
monetary authority. All of those crucial mistakes eventually led to the demise of DigiCash in
1998, when the company went bankrupt.
Table of Contents – The Art of HODLing
Introduction
What is Money?
Why Cryptocurrencies Work
How To Store Your Bitcoins Or Altcoins Safely
Is Bitcoin dead?
Cryptocurrency Pre-Hodling Strategies
Cryptocurrency Hodling Strategies
Conclusion (HODLING)
The Crypto Mining Mindset
Introduction
History Of Bitcoin Mining
How It All Got Started
How It Works
The Concept Of Double Spending
Factors That Influence Mining
Proof Of Work
The Difficulty Of Bitcoin/Crypto Mining
What Is A Block Chain?
Building Digital Trust
How To Get Started
Steps To Start Mining Altcoins
Steps To Mining Bitcoins In Particular
Step 1: Buying Hardware
Step 2: Choosing A Bitcoin Mining Software
Some Recommendations To Get You Started
Step 3: Joining A “Mining Pool”
Step 4: Setting Up Your Bitcoin Wallet
Step 5: Start Mining
Conclusion (Mining Mindset)
Long Learning Curve, But Surely Worth It!
The ICO Approach
Chapter One: Introduction
Definition Of Initial Coin Offering
History of ICOs
Chapter Two: ICOs in Detail
How ICOs Work
What is an ICO presale period?
Pros of an ICO presale
Cons of an ICO presale
Maximizing Your Profits If The ICO Takes Off
Secure the bonus tokens
Hold and sell some technique
Keep things simple
Chapter Three: How to Pick a Winning ICO
Issues to Consider
1. Consider the team behind the ICO project
2. Carefully evaluate the white paper
3. What is the token needed for?
4. Social media and online presence
5. Is the ICO a hard cap or unlimited?
6. Check the quality of the codes
Chapter Four: How to get started
Know your customer protocol
Importance of KYC compliance for an ICO
How one can ensure KYC compliance
KYC steps
Crypto wallets
The Working Mechanism Of Cryptocurrency Wallets
Where Can You Get A Cryptocurrency Wallet?
Single Currency Or Multicurrency Use?
Are the crypto wallets secured?
Which are the best wallets?
Legal Status Of Icos In Various Countries
Perceived Challenges With ICOs
Progressive Countries In Terms Of ICOs
The future of ICOs in various countries
Registration with ICO
What is gas in ICO?
MetaMask Wallet
Benefits of MetaMask
Chapter Five: Things to Avoid
Exit Scams
Identifying Exit Scams
Multi-Level Marketing Systems
Characteristics of Multi-Level Marketing Systems.
Regulation
Chapter Six: Wrapping It Up
Step in ICO Trading
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