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Crypto Bible — bitcoin euro

How to store Bitcoin? Creating a Bitcoin wallet

Posted by Taras Lanchev on

- How do I store Bitcoin? - You need to get a cryptocurrency wallet - How do I do it? - Listen up! -- It's weird, but these kinds of questions don't get answered in too much detail on the internet. Even if you type in "Bitcoin wallet comparison" you get some stupid websites i.e. "20+ Best Bitcoin Wallets to Store your Bitcoins in" with some really weird comparison criteria and an ad for 1 of them. I already mentioned Jaxx in my post about how to buy cryptocurrencies. It supports tons of coins (BTC, ETH, DASH, ETC, REP, LTC, ZEC, RSK, DGE,...

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How many cryptocurrencies are there?

Posted by Taras Lanchev on

According to the most popular website about cryptocurrencies - the number of available currencies is well above 1000! If you are thinking that's too much to learn, don't worry, not many experts know what comes after the first 100, so you'll be fine learning about the first 10-20. You can check the list of all cryptos, their price and the market capitalisation using this link: https://coinmarketcap.com/all/views/all/

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What is market capitalisation?

Posted by Taras Lanchev on

You also shouldn't worry about words like "market capitalisation" (or market cap for short). This term simply means taking the price of the coin and multiplying it by the number of coins available. 

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