๐ Welcome to Day 2 of the 7-Day Crypto Confidence Challenge! ๐
Youโve taken the first step by learning about the foundation of money and cryptocurrency. Great job completing Day 1! ๐
Today, weโll dive deeper into cryptocurrency, the types of cryptocurrencies, and key terms in the crypto space that you need to know.
Understanding these concepts will build your confidence and prepare you for practical steps in crypto investing and trading.
๐ Day 2 Task: Learn About Cryptocurrencies
Your task today is to:
1๏ธโฃ Understand what cryptocurrency is and why itโs transforming the financial world.
2๏ธโฃ Discover the different types of cryptocurrencies and their purposes (e.g., Bitcoin vs. Ethereum vs. Altcoins).
3๏ธโฃ Learn the key terms in the crypto landscape, so you can navigate conversations and platforms with ease.
๐ฅ Your Videos for Today:
๐ Hereโs What to Do Next:
1๏ธโฃ Watch the three videos linked above.
2๏ธโฃ In your own words, share TWO things you learned about:
- What cryptocurrencies are?
- The types of cryptocurrencies (e.g., Bitcoin, NFTs, stablecoins, altcoins).
- A key crypto term that stood out to you.
3๏ธโฃ Take a screenshot of one of the videos while you're watching.
4๏ธโฃ Post your screenshot along with your key takeaways as a comment below.
5๏ธโฃ Type DONE after completing your post to let us know youโre ready for Day 3!
๐ก Why This Is Important
Before you can dive into buying, trading, or investing in crypto, itโs essential to understand the landscape and language of cryptocurrency. Knowing whatโs out there and how it works will help you make smarter decisions and avoid common pitfalls.
Letโs dive into the world of cryptocurrencies together! ๐
Share your takeaways and screenshots below! ๐
๐ Day 2 is another step forward on your journey to crypto mastery. Letโs crush it! ๐