Bitcoin, Ethereum and Co. E-Book

Vincent Melroy

• Herausgeber: tredition
• Kategorie: Fachliteratur
• Sprache: Englisch
• Veröffentlichungsjahr: 2021

Seitenzahl: 44

Beschreibung

Do you belong to the people who have already entered the terms: additional income, supplementary income, investment opportunity in search engines of the WorldWideWeb? If you do, then I have something for you here! In this book, I would like to show you how you can easily generate additional passive income with Bitcoin and Co. As a beginner, or someone busy, sitting down and staring at trading chart for hours might be challenging. It might even put you of the whole venture especially if you are not a full time trader or busy at your 9-5 job. The good news is you can use a bot to trade and save yourself the time and hassle. We will show you how create a bot in about 90 minutes and the big advantage is that you can dispose of your deposit at any time. In this book, you will receive step-by-step instructions in pictures on how to proceed until you have created your own Trading Bots. At the same time, you will receive a setting recommendation from me, which is adapted to the different market phases of Bitcoin. In addition, you will find the appropriate links to the required Internet sites for registration, which will give you a permanent 5% discount on any trading fees.

Leseprobe

Vincent Melroy

Bitcoin, Ethereum and Co.

Emotionless Trading

Earn money with Bot Trading

Legal notice:

© 2021 Vincent Melroy

Author: Vincent Melroy

Cover design, illustration: Vincent Melroy

Publisher & Print: tredition GmbH, Halenreie 40-44, 22359 Hamburg

ISBN:

978-3-347-25906-5 (Paperback)

978-3-347-25908-9 (e-book)

The work, including its parts, is protected by copyright. Any use is prohibited without the consent of the publisher and the author. This applies in particular to electronic or other duplication, translation, distribution, and making publicly available.

Bibliographic information of the German National Library:

The German National Library lists this publication in the German National Bibliography; detailed bibliographic data are available on the Internet at

http://dnb.d-nb.de available.

Table of contents

Introduction

Preface

Chapter 1

1.1 - What is Bitcoin, Ethereum and Co. anyway?

1.2 - What use are crypto currencies and what can I do with it?

Chapter 2

2.1 - Where can I buy/receive crypto currencies?

2.2 - Registration on a crypto exchange

2.3 - How do I buy crypto currencies?

Chapter 3

3.1 - What is a Trading Bot?

3.2 - What are the advantages of bot trading compared to normal trading?

3.3 - What percentage of profit can I get with Trading Bot achieve?

Chapter 4

4.1 - Creating a Trading Bot

4.2 - The different market phases

4.3 - Trading Bot configurations

Chapter 5

- Closing words: Lean back and enjoy

Introduction

Do you belong to the people who have already entered the terms: additional income, supplementary income, investment opportunity in search engines of the WorldWideWeb?

If you do, then I have something for you here!

In this book, I would like to show you how you can easily generate additional passive income with Bitcoin and Co.

As a beginner, or someone busy, sitting down and staring at trading chart for hours might be challenging. It might even put you of the whole venture especially if you are not a full time trader or busy at your 9-5 job.

The good news is you can use a bot to trade and save yourself the time and hassle. We will show you how create a bot in about 90 minutes and the big advantage is that you can dispose of your deposit at any time.

In this book, you will receive step-by-step instructions in pictures on how to proceed until you have created your own Trading Bots. At the same time, you will receive a setting recommendation from me, which is adapted to the different market phases of Bitcoin.

In addition, you will find the appropriate links to the required Internet sites for registration, which will give you a permanent 5% discount on any trading fees.

Preface

Disclaimer

This book is not an investment or financial advice, as I am not a financial advisor. The information provided in this book is for educational purposes.

It is only based on my own experiences and the possibilities to generate a passive income besides my actual job or as a dropout.

I have written this book to pass on the knowledge I have gained since mid-2017 in the crypto market. As in almost all financial areas, there are also certain risks in the crypto market. These risks can lead to a total loss of the invested capital.

Due to the risk involved in trading and the emotions involved when trading, a Trading Bot is a wise option to reduce the risk drastically. The bot does not have emotions and would not euphorically enter a trade, or enter a trade based on fear or anxiety.

This is what makes the bot unique and important, as it can reduce the risk of loss to a minimum by following predefined indicators.

As long as the indicators do not give a clear buy signal, the bot remains in sleep mode.

Nevertheless, the basic principle is to invest only a certain amount of money that you can afford to lose, or money one does not depend on for survival. This way you stay on the safe side and can give things free rein.

Now I wish all readers a lot of fun reading the book and especially the implementation.

Chapter 1

1.1 - What is Bitcoin, Ethereum and Co. anyway?

1.2 - What use are cryptocurrencies and what can I do with them?

1.1 - What is Bitcoin, Ethereum and Co. anyway?

I would like to give you a short introduction to the crypto area because this topic alone would be enough to write a book on.

Every cryptocurrency has a specific purpose for which it was created. Each cryptocurrency is an idea, how things can be improved in the most diverse ranges of application with their technology.

Bitcoin is probably by far the best-known cryptocurrency worldwide. Its inventor, known in the crypto world as Satoshi Nakamoto, whose identity is still unclear, launched Bitcoin in the wake of the 2008 World financial crisis in January 2009. The smallest unit of Bitcoin is named after him.—the Satoshi. A Bitcoin consists of exactly 100,000,000 Satoshi, or in other words, one Satoshi is 0.00000001 Bitcoin.

The basic idea behind this is to create a store of value and establish a payment system that is not subject to inflation, similar to gold.