To start with, everyone should secure a .crypto domain. This type of domain will be used in the future to send and receive digital currency using simple names instead of 38 character or more key codes. My crypto domain is stevenearles.crypto, if you want to send me BTC or ETH to test it, just send it, the funds will digitally find its way to my personal wallet. This is comparable to having your own simplified email address. It costs 40$ one time only and you have the name for a lifetime, check it out here at: Unstoppable Domains
Secondly, if you decide to invest in crypto, do not keep your funds online at a public exchange, under no circumstances. Invest in a hardware wallet, such as Trezor One or Ledger Nano S, I now use the latter myself. A hardware wallet cannot be hacked, it is kept offline. It is like a USB Stick, mobile, but with consequences if you lose it or the key code that goes along with it. Video portals have many videos of how the wallets work, they are very good, so I will not go into detail here. Again, do not keep your funds in an exchange, they are hacked every day, millions if not billions have been hacked since implementation and just yesterday a new hack was reported. Keep your crypto safe, use a hardware wallet at all times. Transfering your crypto costs under 1 cent, no matter the amount.
Crypto transfers are safe, unstoppable, not government regulated, no limits, no permissions required for any recipient in the entire world and the transaction takes place within minutes or hours, depending on which speed you desire.
Crypto, BTC and ETH (Bitcoin and Ethereum), are also not government regulated, whereas only BTC is centralized (which means nobody can stop the system), deflationary and can be used today to pay for property purchases, cars, rentals, airplane tickets or a cup of coffee. If BTC reaches the market cap of gold, which it will probably exceed, then we are looking at a BTC price of 400,000 US$ and above.
A market cycle – BTC and ETC both are right now, 07 Aug 2020, at the “Disbelief” time in the cycle. This is the beginning of the 3rd full cycle in Bitcoin history, Ethereum the 2nd time.
