What is Crypto? A Simple Guide From a Teacher in Pakistan
When I heard about crypto first, I thought it was fake internet money. I was wrong. I will explain it in very simple words.
1. What is Cryptocurrency?
Like Easypaisa, but with no owner. In Easypaisa, a company controls your money. In crypto, no one controls it. It runs on Blockchain.
2. What is Blockchain?
Imagine a notebook whose copies are with thousands of people. If someone cheats, all other notebooks reject it. That is Blockchain.
3. Types of Crypto:
Bitcoin (BTC) - Digital Gold. The first crypto.
Ethereum (ETH) - A world computer. Many apps run on it.
USDT - Always 1 Dollar. Safe to hold.
4. Why Price Up and Down?
If more people buy, price up. If more people sell, price down.
5. 3 Rules for Beginners:
Never invest money you cannot afford to lose.
Never share your 12-word wallet phrase. It is a scam.
Start with learning, not investing. Earn free crypto on Publish0x first.
6. Start With Zero Rupees?