Crypto Introduction - CryptoFastlane

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 Crypto Introduction - CryptoFastlane

What is Cryptocurrency? .......................................................................................................................... 5

What is Fiat Money? ................................................................................................................................. 5
Cryptocurrency vs Fiat Currency ............................................................................................................... 6
Why invest in Cryptocurrency? ................................................................................................................. 6

1 – short term Trading .............................................................................................................................. 8

2 – Long term investing............................................................................................................................. 8
3 – cryptocurrency Mining ........................................................................................................................ 8
4 – operating a masternode...................................................................................................................... 9
5 – staking cryptocurrency ........................................................................................................................ 9
6 – affiliate marketing ............................................................................................................................. 10
7 – Initial coin offerings........................................................................................................................... 10
 Crypto Introduction - CryptoFastlane

This eBook contains a basic introduction to cryptocurrency and 7 ways to earn profit
from cryptocurrencies. There are over 1,000 different cryptocurrencies already and
some of them did rise significantly. Learn how to make money and profit from the
cryptocurrency space and why cryptocurrency is better than fiat money.
If you want to learn more about investing / trading crypto and how I’ve made a fortune
from it, feel free to buy my 50+ pages eBook. In the eBook I also show you my own
secret strategies how I invest and trade cryptocurrencies and gain massive financial
gain from it.
I bought my first Bitcoin in 2014 and since then I’m addicted to cryptocurrency and
started investing into altcoins as well.
Click here to buy the eBook: www.CryptoFastlane.com
Disclaimer before continuing: We are not a financial institution: All we are proving is
educational material: Do not take this information as professional investment
advice.
 Crypto Introduction - CryptoFastlane

Simply put... It is Internet Cash, a Decentralized Currency and a Transaction method

that is gaining popularity because it is a private, fast and secure way to spend, send
and receive money through the internet. It has low or zero Transaction Fees,
regardless of the amount. More and More People, around the world, are becoming
familiar with cryptocurrency every day. The first cryptocurrency to be created
was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often
referred to as Altcoins.

Even a small piece of this pie can take you to a place, financially, you've never been
before. cryptocurrencies can be bought and sold on exchange sites or they can be
'Mined' by people themselves. 'Mining' is a process performed with a special type of
software, quite often using a specially configured computer, to solve an algorithm. By
doing that, you create new coins & participate in the validation and processing of
transactions.

Fiat money is currency that a government has declared to be legal tender, but it is
not backed by a physical commodity. The value of fiat money is derived from the
relationship between supply and demand rather than the value of the material that
the money is made of. Historically, most currencies were based on physical
commodities such as gold or silver, but fiat money is based solely on the faith and
credit of the economy.
Because fiat money is not linked to physical reserves, it risks becoming worthless due
to hyperinflation. If people lose faith in a nation's paper currency, like the U.S. dollar
bill, the money will no longer hold any value.
 Crypto Introduction - CryptoFastlane

There are four major good reasons to invest in cryptocurrencies:

1 - Because you want to hedge your net-worth against the fall of the Dollar imperium,
which is assumed by many people to inevitably happen at some time.
2 - Because you support the social vision behind cryptocurrencies – that of a free and
hard money for the whole world.
3 – Anonymity, Privacy & Security - It was one of the founding features of Bitcoin itself;
preventing external parties, organizations or governments from knowing what you’re
investing in or buying, how much you have spent, nor from whom you’re buying.
4 - Because you like the technology and understand that blockchain is the future -
You see the massive potential behind Blockchain Technology solving lots of
problems in our everyday life.
 Crypto Introduction - CryptoFastlane

However, there are also very bad reasons to invest in cryptocurrencies. Many people
fall victim to the hype surrounding every cryptocurrency-bubble. There is always
somebody captured by FOMO (fear of missing out), buying massively in at the peak
of a bubble, just in hope to make quick money, while not understanding
cryptocurrencies at all. That’s a bad reason. Don’t do this. Learn before you invest.
 Crypto Introduction - CryptoFastlane

One of the most common ways to make money from cryptocurrencies is by trading
them. The amount of money you make depends on the difference between when
you enter into the market and when you exit the market.
For example, if you purchased an “Altcoin” at the market price of say $6,54 and you
exit the market at $17,43 you would have made over 100% profit in a single day.
Trading though profitable is very risky and requires patience, knowledge, and
perseverance for you to succeed. There are different platforms you can use to trade.
You can use Bittrex or Binance exchange to trade the currency you desire.

Instead of short term trading, you can also go the safer path of long term investing.
The goal of investing is to gradually build wealth over an extended period of time
through the buying and holding of a portfolio of cryptocurrencies. Investments are
often held for a period of months / years. While markets inevitably fluctuate, investors
will "ride out" the downtrends with the expectation that prices will rebound and any
losses will eventually be recovered. Investors are typically more concerned with
market fundamentals such as competitors and changes to the
company/cryptocurrency.
Many people are now millionaires because they bought Bitcoin in 2011–2012 and
haven’t sold even as it approaches $8000.

Cryptocurrency Mining can also be a great way to earn some passive income,
however you need to have some technical knowledge & money to afford a decent
mining computer. A miner is basically a person with a computer that runs a mining
program on it. Doing so, the miner helps the blockchain to verify transactions, prevent
fraud & generate new coins. Because of that, the miners get compensated for their
hard work. When verifying a transaction the miner gets a small fee out of that
transaction for his work. So miners get paid twice – once for verifying the transactions
and again when they successfully generate new Coins.
 Crypto Introduction - CryptoFastlane

If you have some technical knowledge, some spare money & time then i think it’s a
great way to earn some passive income. However, the difficulty of mining increases
as more miners join the network, which means the reward in coins for mining
decreases in the long run.

Masternodes are nodes in the cryptocurrencies network that relay transactions and
sometimes also fulfill other specific functions.
Since Masternodes fulfill special functions for a cryptocurrency network but do cost
money and effort to operate, they are incentivized by gaining a share of the block
rewards in their respective cryptocurrency. The yield varies primarily according to the
masternode count and each coin might have different payout periods. A few coins
pay out daily; others pay out several times a day. This makes masternodes a form to
earn "passive income" on cryptocurrencies without having to run expensive mining
equipment. To create a masternode, a user needs to lock in a specific amount of
coin. Users can then either setup a server to host the masternode or ask a service
provider to do so on their behalf.
I personally think masternodes are a great way to hold your coins and earn some juicy
rewards. You need some technical knowledge to setup a masternode server, but
once you’ve done that it’s generating passive income and you only need to check
every once in a while if the coins come in.

Staking, also called Proof of Stake is a way to earn passive income by locking your
coins in a wallet for a certain fixed period of time. For doing that, you will be paid
additional coins as a reward. Mostly you need to keep the wallet open & your
computer running while you are staking your coins to gain reward. However, there
are some coins like NEO for example, where you can just leave them in your wallet
and close the wallet and it still generates reward.
I love staking and think it’s one of the easiest ways to earn passive income in crypto
without a lot of technical knowledge. NEO & some other coins are great because you
don’t even need to have the wallet open and you still generate some good rewards
for just holding your coins.
 Crypto Introduction - CryptoFastlane

There are several companies that pay you Bitcoin Bonus when you promote their
services and refer customers. There are mining companies like Genesis-Mining, which
offer a nice affiliate marketing program. On the other side there are also
Crypocurrency Exchanges like Binance or Kucoin which share you a percentage of
the customers trading fee you referred. Other Affiliate Programs like Coinbase, pay
you $10 for each customer that signs up using your affiliate link. If you’re good in
advertising and getting customers, affiliate marketing can be a pretty profitable
business in the crypto world as there are quite a lot of good programs out there.
But be careful, there are also a few Scam Ponzi Schemes like Bitconnect & others
which disguise themselves as serious affiliate programs. Don’t fall for these pyramid
schemes!

Initial Coin Offerings, „ICOs“ in short, are a modern way of accumulating funds for kick-
starting and developing of new blockchain-based ventures and start-ups.
ICOs can be a really good money-making opportunity for investors, but there are
some serious risks & challenges behind it. You should definitely read the whitepaper
of the project first and do some proper background search. By participating in an ICO,
you can get some pretty decent profits, once the token-sale is over and the crypto
tokens get tradeable on an exchange. In my “Crypto Investment MasterPlan” eBook, I
have included ways & strategies how to properly analyze and evaluate ICOs. You can
buy the eBook at CryptoFastlane.com.
 Crypto Introduction - CryptoFastlane

Thanks a lot for reading my Free eBook! I hope it gives you a rough idea on what
cryptocurrency is and why it is so important for you to get involved with it.
If you’re interested in more information about investing / trading cryptocurrency, feel
free to buy my 50+ pages eBook at CryptoFastlane.com!
I wish you the best of luck and happy trading!
Kind Regards

Markus Fleischli

If you still have some questions, do not hesitate to hit me up on twitter @n1njawtf. ☺