Ethereum: Strategies to Make Money with Ethereum
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About this ebook
Learn Effective Ethereum Strategies today to help you reach your investing and money-making goals!
Learn everything there is to know about the cryptocurrency Ethereum and increasing your wealth with these Strategies.
Are you interested in knowing more about Ethereum in order to make money? Do you want to explore the various possible options available to make money by using Ether? Are you hesitant as you are scared of committing mistakes? Do you want to know more about the Ethereum strategies and ways to implement them? If your answer to the above questions is 'yes,' then you have come to the right place. This book will be the perfect guide for you!
In this Definitive Strategies Guide, you're about to discover the various Ethereum strategies.
Here is a preview of what you will Learn...
● How to get started with Ethereum strategies to invest right away
● To set up your own strategic plan to avoid costly mistakes
● Learning Ethereum Mining strategies and know how it works to you favor
● Investment strategies for Ethereum you can use today
● Ethereum trading strategies you can apply to make money
... and much, much more!
Other Benefits of owning this book:
● Crowdfunding and Ethereum 'smart contracts'
● Importance of a safe Ethereum Exchange to help you avoid losing money
● Ethereum risk management strategies so you have less money to lose
By implementing the strategies in this book, you will definitely be able to gain more confidence to invest with the respective Ethereum strategies in order to make money.
Take action today to reach your money making goals. Scroll to the top of the page and select the "Buy now" button.
Read more from Gavin S. Finney
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Book preview
Ethereum - Gavin S. Finney
Introduction:
Greetings reader! I would like to thank you for purchasing this book: "Ethereum: Strategies to Make Money with Ethereum which is a continuation from the Beginner's Guidebook
Ethereum: Beginner's Simplified Guide to Make Money with Ethereum." The primary concept of this book is to take you through the different Ethereum strategies that can be implemented to earn money. This book will help you identify the game plan involved in making money by using Ethereum and the best way to choose the right strategy based on your money-making goals.
If you were a long-time cryptocurrency investor, you would have been quick enough to notice that 2017 turned out to be incredible for cryptocurrencies. This can be looked at as a starting point for digital currency revolution. The cryptocurrency market does turn a bit scary due to the fluctuation in its price value and fickleness of the virtual currency, but this doesn't stop the investors from investing in the coins. Being the first and most popular cryptocurrency in the market, Bitcoin is still considered as the initial choice when it comes to investing in crypto coins.
The high fees of Bitcoin and the slow transaction is at times not becoming suitable for payments as you end up spending the ‘same fee’ whether you buy a dinner or transfer $50,000. With many new cryptocurrencies coming into the market, the developers are making efforts to improvise on the blockchain technology, or rather use the technology to its full potential. Blockchains using ‘smart contracts’ technology are expected to have more opportunity in the future, and Ethereum is one such platform that uses this concept. These platforms can be used as an operating system to provide decentralized finance, banking, and commerce solutions. They can power a lot of applications.
It is important to have a strategic plan and select the right strategy to earn good money by using Ethereum. The chapters in the book will deal with the various Ethereum strategies that can be used and implemented based on your requirements. This year, 2018, looks promising for such technologies and it might even evolve and try to allow many new applications to use blockchain for secure transactions and storage.
By the time you finish the book, you will be able to understand the various Ethereum strategies and choose the ones that will best suit you. I hope this book serves as an informative and exciting read for you!
Happy reading!
Chapter 1:
Getting Started with Ethereum Strategies
Chapter One: Getting Started with Ethereum Strategies
Before deciding to invest on Ethereum, it is essential to understand the complete ‘know-how' of this new cryptocurrency and its underlying technology. With Bitcoin being the first official cryptocurrency to be introduced in the market in early 2009, it is crucial to understand why you should invest in Ethereum and what more it offers when compared to the first ‘magic coin.' Bitcoins can be used only as cryptocurrency, but when it comes to Ethereum, this new platform offers numerous methods of exchange, smart contracts and the Ethereum Virtual Machine (EVM).
This platform offers an open source public service that uses blockchain technology to aid smart contracts and trade with cryptocurrencies in a secure manner without the involvement of a third party. Ethereum has two accounts available for the cryptocurrency users – the first one will be controlled by the private keys using manual intervention and the second one will be using ‘smart contract’ accounts (without manual intervention).
What is Ethereum Strategy?
It is essential to work out a formal plan when it comes to making money by using virtual currency apart from your usual ‘hunches’ and the ‘luck factor.’ Devising a strategy and implementing the same in the right way is necessary to avoid unnecessary monetary losses, which would have been the result of wrong decision-making. To attain the steady financial growth you expect, it is essential to follow a specific strategy pertaining to the cryptocurrency based on your objective of making money. Not taking the right decision, getting nervous at the time when decisions are to be taken, etc. can result in emotional outbreak thus pushing the investor to make a wrong choice.
Ethereum strategy will assist investors and traders to implement a well-calculated plan to make good returns with minimized losses. The goal of financial transactions shouldn't necessarily be ‘making profits' or ‘capitalizing on your returns.’ It is