Everyone knows the volatility of the crypto market...well not everybody in fact when I got into all this I was quickly overwhelmed with lingo and nomenclature that seemed foreign. However as Bitcoin has been the cats meow in conversation past 5 or 6 years I wanted to learn the ropes but I didn't want to blindly invest money in things I didn't know anything about, mainly because I don't have a lot of it. I'm sure people everywhere are standing on the sidelines thinking "I would love to get in the game and maybe even score but.....? Don't worry I got a simple solution to get you started and no risk at all. If you would rather think me a small dreamer and throw your daughters college fund into ______ ( enter any crypto scam here there are literally thousands and more and more everyday) then go ahead I'm not by any stretch of the imagination a crypto encyclopedia/guru and I'm certainly not a financial advisor, I'm learning about the crypto game as I go more everyday I'm new myself to all this so I'm aware of the challenges being new to it all so this isn't advice it is simply an idea to consider if your cautious with new projects and knowledge is important to you before jumping in.

I'm gonna give some ideas for storing and most importantly earning you a little crypto for free and whenever you don't know something put it in a search engine and read, DYOR LEARN THAT. Crypto Wallets are platforms that exist to store and securely move your coins, I'm not talking leather brick in your back pocket I'm talking about an app or a browser extension that acts as a metaphorical wallet.

Cryptocurrency faucets or website in which you complete task to get paid aren't new so for every one that is made and structured for efficient and fair earning ratios there are just as many if not more scam driven and crooked so if one is selective and uses the more proven ones then they are a great way for someone to dip their toe in without losing their life to promises of castles in the air. Faucets allow you to aquire currency for free all you got to do is solve a captcha and "voila" there it is, keep in mind your never going to get rich enough to topple the powers that be so Ricky put your arm down.

The benefit of this avenue of approach is it allows someone who wants to be an investor but really knows nothing about crypto to learn the intricacies of the landscape. When I got into this my knowledge consisted of I knew there was a form of digital currency and it was called bitcoin...literally that was it. So I quickly learned that their are a lot of terms that you come across that are foreign not to mention the whole business of setting up wallets, paste and copying addresses, and gas fees...etc.  All things that it's best to learn about for free and that way if you send crypto to the wrong address then who cares it's only 0.0000000000000000000000000000001 Bitcoin..ok I exaggerated the zeros there but you get my point. (Which I feel that amount of Bitcoin could be worth $100,000 by 2030). A lot of times someone looking to learn about something is often deterred because it's intimidating to ask for help cause you feel like a burden cause why would someone who's writing Blockchains like it's simple grammar or an investor who is trading thousands of Ethereum at a time instead of 1/1000ths of Ethereum at a time would wanna discuss elementary topics with a newbie and I'm just trying to bridge the gap or at least let others know your not alone it's a lot to absorb to many people, breath, put in search engine, breath, D Y O R, and just learn learn learn. 

First thing you gonna need to do is find you a wallet that supports a wide range of crypto coins on various different networks. One should also be familiar with the difference in an exchange and a wallet. 

Exchange: Business that allows customers to trade cryptocurrencies for other assets like other coins or green backs. (Ref. 1)

Now keep in mind exchanges do have a feature that or tab that is labeled wallet and that indeed is what it is but the financial dynamics and the risk of liquidity issues are different in an exchange. Really one should keep their crypto in a conventional wallet and only transfer to an exchange when u wish to receive fiat currency that is Paper with Dead presidents on it.

Wallet: Crypto wallets store your private keys, keeping your crypto safe and accessible. They also allow you to send, receive, and spend cryptocurrencies like Bitcoin and Ethereum. (Ref. 2)

There are literally a wallet for every Egyptian hieroglyph trust me so which ones the best or which one suits your needs or desires is for you to research and find out but a few to start you off.

Exodus: https://www.exodus.com

Atomic Wallet: https://atomicwallet.io

Trust Wallet: https://trustwallet.com

Metamask: https://metamask.io

**It should be noted that I would download and sign up for metamask alongside any wallet you choose because of it's versatility to add custom networks and custom tokens easily therefore it's a great intermediary for all things crypto.

Those are all examples of wallets and there are risk involved anytime you put access to your money on the internet but it's a risk you can't avoid all the time. Exchanges like I said before are an entity that allows a user to get Fiat currency or other tokens for the ones they own. Ironically the system setup to rid us of centralized finance in essence like banks and the like really in a way we traded on master for another. Like Napoleon said when he was asked what he thought of England giving more power to the prime minister, he solemly replied "president or prime minister, it doesn't matter what you call them there will always be kings." He's right FDIC or BINANCE/COINBASE/FT....wait nevermind on the last one but there will always be kings the designation is irrelevant, what matters is the dynamics.

However like Napoleon they are a necessity cause honestly you can talk decentralization and any other revolutioary idea crypto stimulates but the truth remains when evaluating the value of Bitcoin it like everything else has a value proportional to $$$. Until that changes talk all you want cash is still the yoke which we wear. That being said exchanges are how you "cash out" as it were. Some examples are 

Binance: https://www.binance.com/en

BinanceUS: https://www.binance.us

BinanceUS is for, you guessed it, is users in the United States. (I Don't Know?) 

Coinbase: https://www.coinbase.com/home

Coinbase is interesting in that it allows you to learn about new Blockchains and new tokens and as a reward they give free crypto.

***As a example of DYOR and how it is essential do your research on the reason FTX isn't on this list of exchanges because 4 months ago many would have had them #1 or if your just curious to how someone can go from being worth $13 Billion to $0 in a matter of time it takes for one Twitter post from a rival to reverberate through the masses and get wheels turning and banks running but more importantly it will give you a free easy learned lesson of don't get hustled by the blahzay blahzay it's your money be diligent with who you entrust with it's safekeeping. 

To be continued.....

Part 2: Earning a little crypto for free and learning the hard lessons the easy way and maybe just maybe.....

Twitter: https://twitter.com/BrettBrdbrry21?s=09

**THIS WAS MY FIRST BLOG SO BEAR WITH ME IF I MISSED ON FORMALITY OR THE LIKE, ANY ADVICE WOULD BE APPRECIATED**