Cryptocurrency & the New Black Wall Street: A Beginner's Guide to Crypto Investing

By Michelle Lilly and Xavier Odili

INTRODUCING MICHELLE LILLY, MSc, the first African American woman with a MASTERS DEGREE IN DIGITAL CURRENCY! Her years of training are now in your hands!

Money. Everyone needs it, so we all work to get it. We spend it, trade it, earn it, & save it. Unfortunately, our banking system is flawed. People know that banks offer minimal interest in return for letting banks borrow their money, yet banks use customer deposits to make significant profits. Banks also charge fees to access money, so you end up losing money just to watch your money collect dust in a weak interest-earning account. When banks make risky bets using your money and they win big, they don’t share profits. When a bank bets with your money and loses, the government reimburses the bank through the FDIC program. Despite the flaws in this system, many people still use bank savings accounts, but many others do not. Some choose to hold money outside of the banking system and some are blocked from participation. Whether your money sits in a bank or in a bag under your bed, it’s collecting dust instead of real interest. Why do banks hold our money? Why do banks dictate who gets a loan? Why do we let big corporations control our financial opportunities? Part of the reason why stems from the original sins of this country – slavery, segregation, separate but equal, and social class divisions. We are told that those are relics of the past, but even today minorities receive higher interest rates on loans in every facet of life. The traditional financial institutions pick and choose which minorities get access to loans and fair financing. How can we trust them to be impartial gatekeepers for the next generation of financial investments? The stock markets are monopolized by financial institutions using fiberoptic internet to trade faster than any one person can participate. The decisions that determine who gets real access to profitable opportunities are too often made behind boardroom doors. Some would rather spend money on lottery tickets, instead of investing in companies and mutual funds. They are hoping that lady luck will deliver some instant maximum return on investment. Unfortunately, the odds are not in your favor when you gamble on lottery tickets and casino games. Some win, but many more will lose. Cryptocurrency offers a way to divorce ourselves from the current financial system and the way it constricts our growth, a way to emancipate from the constructs that have held us down for centuries.

The banks gamble with our money, keep 99.9% of the profit when they win and get reimbursed by the government when they lose. Do we really expect them to let us into the game? When whole cultures and generations of people have been blocked from the opportunity to invest meaningfully and earn a decent return on investment, are we surprised that our economics revolve around borrowing money from others? What if we could grow our own finances without permission from the mysterious people who oversee the financial system from the shadows? It is a privilege to be able to borrow large amounts of money from strangers, a privilege that is not available to everyone. Imagine if you could cultivate your own ability to multiply your savings without relying on the big banks? Crypto investing offers that opportunity to anyone willing to try something new. If you are looking for a straightforward basic guide on how to jump in the cryptocurrency market, this is it. Investing your earnings in assets that on average will increase in value over time is easy. For decades, people have been buying gold and silver to give their money a chance to grow in value instead of shrinking with inflation. The supercomputer in your pocket right now has a lightning-fast connection to the rest of the world. Your smartphone is your key to joining the Decentralized finance revolution. What does the hood look like when everyone has an opportunity to grow and to thrive? It looks like a new Black Wall Stre

• Language: English
• Publisher: Legendary Publishing
• Release date: Nov 24, 2021
• ISBN: 9781639015221

Michelle Lilly

Michelle Lilly, also known as “Digital Diva,” is an entrepreneur, cryptocurrency and technology investor, philanthropist, international speaker, business mentor, and a visionary with the power to inspire and create results. Michelle holds certifications in Blockchain and Ethereum Technology, as well as a MSc in Digital Currency.She is a true visionary and has navigated all aspects of business processes, from start-up to sales, raising capital, business and product development. Michelle is the CEO of Blockchain Technologies, where they have built a Blockchain-based Lottery Platform to transform the Global Lottery industry, with the US Powerball being the 1st game they offer. The goal of the project is to enable anyone with a cell phone globally to own their own mobile Lottery Store.Michelle has also built and educated cryptocurrency networks over 7000+. She has authored two ebooks on cryptocurrency; CryptoTalk; The Internet of Money and Women and Cryptocurrency. She is currently developing strategic alliances and partnerships across the globe in the cryptocurrency and blockchain industry. In 2021, she partnered with Dr. Xavier Odili to publish her first best-selling book, Cryptocurrency and the New Black Wall Street: A Beginner’s Guide to Crypto Investing, now available at all major online retailers.Her passion lies in empowering women and youth, to realize their full human potential, while creating financial freedom for themselves. Michelle, draws on her education, research and life experiences to guide and inspire people to tap the power of greatness within themselves, she leads by example. She believes in conscious, fearless and bold living! Michelle enjoys spending her time with family, traveling and reading. She has a wonderful sense of humor and great compassion. Her motto is “You are the Opportunity!”

Book preview

Cryptocurrency & The New Black Wall Street

A beginner’s guide to Crypto Investing

Copyright © 2021 by Legendary Publishing.

All rights reserved. No part of this book may be reproduced, scanned,

or distributed in any printed or electronic form without permission.

First Edition: May 2021

Edited by Xavier Odili, MD

Published by The Book Patch, LLC – http://thebp.site/291063

Printed in the United States of America

ISBN: 978-1-63901-522-1

www.iamdigitaldiva.com

Cryptocurrency &

The New Black Wall Street

A Beginner’s Guide to

Crypto Investing

By

Michelle Lilly, MSc in Digital Currency

&

Xavier Odili, MD

Dedications

This book is dedicated to my Mom, Reltha (Bonnie) Lilly for being my rock and for always supporting me in my endeavors, and to my Dad, the late Charles Lilly, for passing onto me his spirit of entrepreneurship, and to my two children Imani and Knowledge Smith who are my motivation to create wealth and leave a legacy.  I also dedicate this book to all the women who are striving for personal and financial freedom...I lend you my strength and courage to create your own opportunities!! 

You are the Opportunity!

-Michelle Lilly 

Your Digital Diva

In this world we live in, knowledge is power. Enlightenment illuminates the unknown. Wisdom casts away ignorance. Information opens doors to new opportunities. Knowledge saves both time and money in all aspects of life. I dedicate this book to all the educators in my life who gave me knowledge without asking for much in return. To my parents who provided me my first lessons, to my schoolteachers who helped nourished my hunger for learning, to my friends and classmates in high school and college who helped me as I helped them to reach for greater knowledge, to my professors who taught me without placing limits on my potential, to my patients who taught me to listen more than I talk, and to my wife and children who continue to teach me how to be a better husband and father and to live life to the fullest extent, I thank you all for giving me the knowledge I needed to be where I am today.

-Xavier Odili, MD

Table of Contents

Introduction

Black Wall Street: A Brief History

The History of Bitcoin & The Future of Altcoins

5 Key Factors of Every Cryptocurrency

Planning an Investment Budget

Developing Your Investment Strategy

Crypto Investing Step by Step

Exit Strategy for Taking Profit

Conclusion

Glossary of Terms

Disclaimer – Although this book contains information explaining how to invest your money in cryptocurrency, we must inform you that we are not financial advisors, investment bankers, or fiduciaries. The information we provide is for your education, not specific financial planning for your particular situation. We advise you to research any potential investments before making any and every purchase. You invest your money at your own risk.

For more helpful financial information, please subscribe to our YouTube channels:

Digital Diva & SpeedDocs713

Introduction

Money. Everyone needs it, so we all work to get it. We spend it, trade it, earn it, and save it. Unfortunately, our banking system is flawed. People know that banks offer minimal interest in return for letting banks borrow their money, yet banks use customer deposits to make significant profits. Banks also charge you fees to access your money, so you end up losing money just to watch your money collect dust in a weak interest-earning account. When banks make risky bets using your money and they win big, they don’t share the profits in a significant way. When a bank bets with your money and loses, the government reimburses the bank through the FDIC program. Despite the flaws in this system, many people still use bank savings accounts, but many others do not. Some choose to hold money outside of the banking system and some are blocked from participation. Whether your money sits in a bank or in a bag under your bed, it’s collecting dust instead of real interest.

Why do banks hold our money? Why do banks dictate who gets a loan? Why do we let big corporations control our financial opportunities? Part of the reason why stems from the