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The Crypto Hack Beginner’s Guide to Crypto Investing

Copyright © 2021 by Daryl Boffman Jr.

All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. thecryptohack.com

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Crypto Glossary 4 A view from 10,000 feet 7 The 15 Crypto Currency 24 The Top 10 Crypto Currencies 31 How to Analyze Projects (DYOR) 58 Buying Crypto Safely 77 Crypto Investing Strategies for Beginners 146 Decentralized Finance 166 NFTs 183 An Extraordinary Life 193

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Crypto Glossary Use this page to quickly jump to key terms and principles in this book # B 51% Attack BEP-20 Binance Coin (BNB) A (BTC) Altcoin (BCH) Automated Market Maker Block (AMM) Blockchain Average Cost Buy the Dip (BTD)

Coin C Cold Wallet Cardano (ADA) Consensus Algorithm Centralized Consensus Mechanism Chainlink Circulating Supply D Data Diamond Hands Decentralized Distributed Decentralized Applications (DOGE) (Dapps) Dollar-Cost Averaging (DCA) Decentralized Finance (Defi) Dodo

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Do Your Own Research J (DYOR) K E KYC ERC-20 (ETH) L Large-Cap F (LTC) Fear of Missing Out (FOMO) Limit Order Fear, Uncertainty, and Doubt Liquidity (FUD) Liquid Market Forger Liquidity Mining Liquidity Pool Fundamental Analysis Liquidity Providers (LP) Fungible Futures M Margin Trading G Market Cap Gas Fee Market Order Gwei Miner

H N Hash Non-Fungible Token HODL Hot Wallet O Off-Chain I On-Chain Immutable Oracle Impermanent Loss Initial Coin Offering (ICO) P Interoperability PancakeSwap Paper Hands

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Peer-to-Peer (P2P) Synthetix Permissive Polkadot (DOT) Proactive Market Maker T (PMM) Take Profit (TP) Technical Analysis (USDT) Pump & Dump (P&D) Token Token Burn Q Tokenization Tokenomics R Two-Factor Authentication Ripple (XRP) (2FA)

S U Scalability Shorting V Slippage Volume Small-Cap W Whales Stake Pool Staking X Stop Loss Swapping Y Swing Trading Z

Back to Top ✈  A view from 10,000 feet ✈

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Introduction You are one of the lucky ones ; you’ve decided to spend a little money to educate yourself about the world of cryptocurrency. In this guide, you’ll find over 2000 hours of research I personally conducted into piecing together this elusive puzzle. 類 By the end of it, I hope you feel more confident in your investing decisions whether you decide to dive right into crypto or avoid it like the plague; either way, it will be a much more educated decision.

Blockchain technology is the future of commerce, governance, and even social interaction for our generation and the generations to come. The more I’ve discovered about this innovative technology and the utility it provides for billions of people across the world, the more I’ve become convinced that blockchain technology is here to stay.

I’m writing this book for the college students crippled by loads of debt, the young professionals who hustle everyday just to pay rent, the aspiring creatives who show us the world, and for those high-school graduates stepping into this jungle of a place. This book is for anyone who wants to be a part of the future, our future. 

It’s been a long road to get this book to a place where you can truly understand what’s going on in the simplest of terms, in a way that even a 5t h grader could understand.

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That was my goal because we’re all busy and don’t have the free time to do the research. We like the simplified version. Well, here it is: The Crypto Hack!

Blockchain technology is ushering in a new global financial system.

Money, the way we use it, and the things we buy with it, is going to be drastically different in the future. And more than any time in human history, the control of money will belong to the people. 拾

What’s the big idea?  And why should I care? 辰

The internet has enabled a way for us to communicate from all around the globe. Anyone with a smartphone and internet access has access to information.

Imagine a world where not only do we have access to global information, but we have access to the global economy. The internet has connected us informationally. Cryptocurrency will connect us financially.

Cryptocurrency allows for anyone with a smartphone and internet access to buy, sell, and trade on a global scale and using a form of currency that we are all invested in and responsible for; everyone who participates in building and contributing to this global economy can be fairly,

Back to Top securely, and instantly compensated. 欄 Cryptocurrency allows us to go back to the days where we simply pay each other with, person to person, without any central or authority to get in the way. Money can flow freely in an economy that cuts out the middleman. 

Our current financial system is incredibly inefficient, discriminatory, exclusive, and vulnerable to attack and corruption. All around the world there are people suffering from inflation as the value of their wealth drops to zero at no fault of their own but because of failed government policies.  There are people crippled by corrupt banking systems who manipulate the markets to line their own pockets and steal from the poor. 洛

Our current financial system is not built to benefit and compensate individuals with talents, skills, ideas, and abilities simply because of where they live. Our world is missing out from their contributions and it’s hurting our progress into the future. We already have a global economy; why not build a tool that can provide global accessibility?

That is where cryptocurrency is the global solution, we need to move forward together. Crypto will bring an incorruptible merit-based system where value of wealth is protected and determined by hard work, good ideas, and valuable skills and not by location, family history,

Back to Top demographics, or whether you’re “in the club”. The new global system will reward participation and innovation. People will be able to trust that they will be compensated for their contribution to their communities, society, and the global economy and that they will get to keep their wealth . will bind AND motivate citizens of the world to participate in this global economy because we are all invested and responsible for its success; the rewards are for all to enjoy. 

So, let’s go back to interacting with each other in the way that cash allowed us to in the past. Let’s get rid of the middlemen who drain our pockets, abuse our trust, and destroy our wealth. Let’s build a system that rewards the individual and benefits the entire world.

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The Building Blocks

At this point, you might be wondering, “how do we build this system?” There are three major building blocks on top of a foundation.  隣隣隣

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Don’t worry if you don’t fully understand what I mean by these terms right now. I’ll go into detail for every part of this blueprint in later chapters. Think of this as a simple design plan we will follow for the structure of this book. But by the end, it’s my goal that you’ll have the great “AHA!” moment that will help you “see into the matrix.” 

Disclaimer: I am not a financial advisor. This guide is for educational purposes only.

If you’ve purchased this book (or someone sent it to you), it’s probably because you’ve heard about cryptocurrency investing and its ability to Make You RICH! Or you’ve heard words like “Blockchain”, “crypto”, “Bitcoin”, “Dogecoin”, “digital currency”, “NFTs”, etc. and wondered what the buzz was all about and how do I get involved? 樂

Well, this book is a guide to the crypto basics; things you need to know to get started on your journey in the exciting world of cryptocurrency. I’m going to give you the rundown on the most important aspects of the technology and of course, how to make money along the way. 螺 I’m going to get into some of the technical aspects of how it all works but only on a level that will be useful to the average investor. I’ll keep things simple and straight to the point. This book will be written in a way that even your grandma and grandpa could understand and invest in

Back to Top cryptocurrency to protect their retirement and their life’s work.

This book is NOT going to teach you how to read price charts, candlesticks, buy or sell signals, or any part of technical analysis. I believe those are valuable tools which can help improve your investing strategies; however, they are simply outside the scope of this beginner’s guide. 

This is meant to be a reference guide to supplement other educational resources on investing. I’m also going to avoid steering you in any direction as to which crypto projects are the best, which ones you should “BUY NOW”, or which ones will give you a “100X return!”  I believe that an informed investor will come to their own conclusions and put their money where they think is best.