Review of Bitcoin Answered
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AkankshaSingh
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Review of Bitcoin Answered
[Following is a volunteer review of "Bitcoin Answered" by Jon Law.]
We live in a world where people find different ways to earn and grow their money. It can be done through the stock market, shares, bonds, debentures, and cryptocurrency. Out of all these, cryptocurrency is the most volatile and also the fastest-growing currency in the entire world.
Cryptocurrency is a broader term for multiple different types of electronic money. Some of these are Bitcoin, Etherium, Solana, Dogecoin, and many more. Out of all these, bitcoin was the first and still the fastest growing cryptocurrency around the globe with approximately 300 million bitcoin users in the entire world. But there are still many people who are unaware of bitcoins. The book Bitcoin Answered by Jon Law is one such book that provides all the information that one requires to know about bitcoin from an investing perspective.
The author starts by answering the most basic questions in the beginning and then explaining the bigger phenomena in the later stages. The book is not just for people who want to start from the basics but it is an equally good book for people who already know about bitcoin but want to expand their knowledge in the same field.
The author has done a commendable job in explaining such complicated terms in such easy words for common people to understand. Also, the author provides illustrations at the end of each page relating to the phenomena explained which in my opinion makes it even clearer.
The best thing about this book is that it doesn’t only glorify bitcoins but also provides the negatives of it that indeed lays out the reality of bitcoins. It states that bitcoins are an asset of high volatility and are not always giving good returns. It further delivers that the bitcoin market crashes from time to time leading to negative profits.
The author also mentions bitcoin wallets and how one can lose all their holdings of bitcoins if they forget the password of their bitcoin wallet. The author is also very clear on the fact that he is not suggesting any kind of investment strategy to anyone reading this book. People should invest in bitcoin only after understanding the basics of it and after doing proper research.
I would rate this book 4 out of 4 stars for the reasons mentioned above. This book is professionally edited and I did not find any mistakes while reading this book.
I would suggest this book to people who are curious about cryptocurrency and want to start investing in bitcoins as this book will provide a base for them to work on. I would also suggest this book to all the adults as it will not harm but only provide you with extra knowledge that might come in handy.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
We live in a world where people find different ways to earn and grow their money. It can be done through the stock market, shares, bonds, debentures, and cryptocurrency. Out of all these, cryptocurrency is the most volatile and also the fastest-growing currency in the entire world.
Cryptocurrency is a broader term for multiple different types of electronic money. Some of these are Bitcoin, Etherium, Solana, Dogecoin, and many more. Out of all these, bitcoin was the first and still the fastest growing cryptocurrency around the globe with approximately 300 million bitcoin users in the entire world. But there are still many people who are unaware of bitcoins. The book Bitcoin Answered by Jon Law is one such book that provides all the information that one requires to know about bitcoin from an investing perspective.
The author starts by answering the most basic questions in the beginning and then explaining the bigger phenomena in the later stages. The book is not just for people who want to start from the basics but it is an equally good book for people who already know about bitcoin but want to expand their knowledge in the same field.
The author has done a commendable job in explaining such complicated terms in such easy words for common people to understand. Also, the author provides illustrations at the end of each page relating to the phenomena explained which in my opinion makes it even clearer.
The best thing about this book is that it doesn’t only glorify bitcoins but also provides the negatives of it that indeed lays out the reality of bitcoins. It states that bitcoins are an asset of high volatility and are not always giving good returns. It further delivers that the bitcoin market crashes from time to time leading to negative profits.
The author also mentions bitcoin wallets and how one can lose all their holdings of bitcoins if they forget the password of their bitcoin wallet. The author is also very clear on the fact that he is not suggesting any kind of investment strategy to anyone reading this book. People should invest in bitcoin only after understanding the basics of it and after doing proper research.
I would rate this book 4 out of 4 stars for the reasons mentioned above. This book is professionally edited and I did not find any mistakes while reading this book.
I would suggest this book to people who are curious about cryptocurrency and want to start investing in bitcoins as this book will provide a base for them to work on. I would also suggest this book to all the adults as it will not harm but only provide you with extra knowledge that might come in handy.
******
Bitcoin Answered
View: on Bookshelves | on Amazon
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Sarah Sonbol
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I don't understand bitcoin and cryptocurrency. This book's looks useful to explain it. Thanks for the informative review.
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