Bitcoin Blog a1

Monday, April 10, 2017

First Guest Post:Shooting for the Moon, Powered by Bitcoin

This is my first guest post by Justin, I hope you enjoy!

Financial matters are some of the most stressful issues in the average person’s life. There’s never enough money to pay the bills, save for retirement, pay for school, or go out and have a good time. 

You spend your days working at a job, working an insane amount for your money.  The 21st century has seen the rise of what have come to be known as “cryptocurrencies.” this new idea facilitates trade between people, companies, and even internationally. Cryptocurrencies such as Bitcoin, have captivated the digital world. Bitcoin has been met with fascination, ridicule, and a fair amount of mistrust and misunderstanding. Ricky H has written a book, called Zero to Moon, and in it he explains the basics of how to get started making money in this new, and exciting world. Bitcoin doesn’t have to be something reserved for someone else, a way for someone else to make money. The book shows you how you can harness the power of cryptocurrencies, and how to increase your personal wealth. There are three reasons why this new idea is intimidating. A lack of knowledge, a lack of ability, and a lack of resources are all reasons any new idea, especially Bitcoin, can seem unattainable and out of your grasp. He wrote this book specifically to demonstrate that the bitcoin isn’t just for others, it can work for you as well.

Someone is talking about Bitcoin every day, but few people know where it started, or who invented it. It was first created almost 10 years ago, Halloween night, 2008. The creator, or creators, known as “Satoshi Nakamoto,” was curious about creating a peer-to-peer to exchange system. In 2009, bitcoin was released as an open source software. 10 years later, tens of thousands of businesses accept Bitcoin is payment. While an entire Bitcoin is expensive, around $1100 at the time of writing, it is possible to buy fractional amounts of a single Bitcoin. This means, assuming you don’t have $1100 waiting around to be used, you can still benefit from rising or falling big coin markets. The risk here is that cryptocurrency markets can fluctuate wildly. There is no physical manifestation of their value. In Zero to Moon, Ricky discusses how Bitcoin is accessible to people with even a minimal amount of money. You don’t need to be an expert in financial markets in order to embrace the power of cryptocurrency.

Another reason why more people don’t get involved with Bitcoin is because they don’t know how to. Cryptocurrencies are not tangible, you cannot go to the store and pick one up,(although more and more stores are allowing you to spend them.) He explains how you can obtain bitcoins, either fractional, or multiples. Ricky walks through the best ways to find reputable sources, and where to find the best place to keep your coins.

Finally, people assume that in order to invest in a cryptocurrency you need to be a millionaire, or be super tech savvy. This is simply not true. There are people who spend their time “mining” Bitcoins. This however is a very labor intensive, computer intensive, electricity intensive process. Unless you already have the equipment, or just looking to mine Bitcoins for fun, He doesn’t recommend going about it that way. He shows you the most efficient, cost effective ways to get your hands in your first pieces of Bitcoin.

The Bitcoin market is gaining steam every day. While it’s not essential to future financial success, it is foolish to simply avoid it. He demonstrations all of these things to you and more as soon as you open the cover of Zero to Moon.

When not guest writing on blogs, Justin S is a carpenter and a pen maker. Check out his site at
BeautfulMusings or on Facebook at Beautiful Musings Facebook

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