What You NEED To Know Before Buying Bitcoin In 2020 - Cryptocurrency
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Cryptocurrency went from taboo in 2017 to being created by companies and bankers in 2020. Bitcoin and cryptocurrency have transformed a lot - but should you be buying Bitcoin right now? We talk about it in this video.
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Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK
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What You NEED To Know Before Buying Bitcoin In 2020 - Cryptocurrency
0:21 - This 2020 economic crash taught us the importance of having savings
1:48 - Why the rich get richer and the poor get poorer
2:48 - How cryptocurrency works and what Bitcoin does
3:29 - The purpose of cryptocurrency
4:02 - The roadblocks bitcoin and cryptocurrency are facing
5:05 - How cryptocurrency evolved
5:30 - The growth of cryptocurrency which is why cryptocurrency investors are exited
6:10 - There’s a limit to how much bitcoin can be mined
7:41 - How do you buy Bitcoin or other cryptocurrencies using our sponsor Coinbase
8:57 - How cryptocurrency applies during this 2020 economic crisis
10:25 - How bitcoin could create a new gold standard
11:25 - Why the demand for bitcoin and cryptocurrency is going up
12:05 - The cryptocurrency learning curve
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This Video: https://youtu.be/KPQwZWgoCnM
Channel: https://www.youtube.com/MinorityMindset
Video host: Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you.
DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.