BLOCKCHAIN FOR NEWBIES
Aswath Damodaran, professor of finance at the New York University, known as Wall Street’s “dean of valuation”, has said that among the younger generation, digital currencies have replaced gold as a choice of investment and that, sooner or later, currencies such as bitcoin and ethereum will compete against nation-state paper currencies.
This stuff is complex, even for a veteran technologist like myself, so the first step anyone interested in crypto or investing needs to do is get up to speed. That means lots and lots of reading. Walking through forums, doing Google searches, reading blog posts, following along on tutorials. Setting up a wallet, investing in some like Bitcoin or Ethereum and seeing how the whole thing feels.
But for now, let’s just learn together, shall we?
It’s likely, if you’re reading this guide, you’ve recently decided to buy into this rapidly expanding market, potentially to trade but, most probably, with the intention of holding an amount of a particular currency long term. We’ve prepared it to help readers learn how to safely store their cryptocurrencies themselves, in the true trustless spirit of Satoshi Nakamoto himself/herself/themselves.