Day 1 — Getting Started with Cryptocurrency

Let's begin with the foundation of everything in crypto:

👉 Cryptocurrency isn't a business. It's an entire ecosystem.

Think of it this way: the internet created a framework for exchanging information globally. Crypto builds a framework for transferring value (money) directly between people—no banks or middlemen needed.

The backbone of this ecosystem? Something called blockchain.

Picture blockchain as a shared digital ledger tracking every transaction. Here's the key part: once information gets recorded, it's permanent and can't be altered. That's what makes it reliable without requiring trust in any central authority.

Now let's talk about the original cryptocurrency:

Bitcoin ($BTC ) — where it all began

Bitcoin represents digital currency with one critical feature: there's a hard cap of 21 million coins total. Ever. This built-in scarcity (limited availability) gives it unique properties.

Essential terms you need to know:

Wallet — Don't picture leather. This is your digital storage for managing crypto. It works like a bank account—except you're completely in charge. You are your own bank.

Exchange — Platforms like Binance where you purchase, sell, and exchange cryptocurrencies. Trading means buying an asset now and selling later when the price changes.

Two final concepts:

Volatility — Crypto values swing dramatically and quickly. This creates risk—but also potential opportunities.

Liquidity — How easily you can buy or sell an asset without significantly affecting its price.

What you should take from Day 1:

Cryptocurrency isn't some shortcut to instant wealth. It's about learning a completely new financial language.

And here's the thing—once you grasp the fundamentals, entirely new possibilities emerge.

Tomorrow's topic: understanding what drives price movements.

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