How To Invest In Bitcoin And Other Cryptocurrencies: Everything You Need To Know To Start Today – Eric Merola & Michael Jordet (Ep. 152)

Eric Merola, international award-winning documentary filmmaker and Michael Jordet, TEDx speaker and cryptocurrency expert, both join our show in this special episode of the Elite Man Podcast! In today’s episode Eric and Jordet (as he prefers to be called) discuss everything you need to know regarding Bitcoin and cryptocurrencies. They start from ground-zero with explaining Bitcoin, including what is is, how it works, how it started, how you can still make a ton of money from it, and what the future holds for it. Eric and Jordet also cover block-chain, fantastic resources for learning more about crypto investing, how and where to get started with buying digital currencies, and the many other cryptocurrencies like Ethereum, Litecoin, and Ripple to potentially invest in. If you’re wondering what Bitcoin is all about, why everyone is talking about it, how it works, why digital currencies are literally changing the world, and how you can get started in investing in cryptocurrencies today check this episode out now! *Download this episode now and subscribe to our channel to get more of these amazing interviews! In our episode we go over: How Michael Jordet got into the cryptocurrency world and how he became an expert in it What Blockchain is and how it works to keep digital currencies secure and its many potential future applications beyond just money Satoshi Nakamoto the founder (or founders) of both Bitcoin and Blockchain technology Why Eric jumped into cryptocurrencies in the Fall of 2017 and why he’s totally immersed himself in the crypto world ever since Why banks will be rendered obsolete by digital currencies and why this is a good thing Where to go to get started with buying Bitcoin and other cryptocurrencies Why Coinbase is a great place to start and get your foot into the crypto world What a digital wallet is and why you should get one if you’re serious about investing in digital currency (and the one Eric and Jordet recommend) How cryptocurrency actually works and why more and more people will be using digital currencies heading into the future Who Andreas Antonopoulos is and why Eric and Jordet recommend checking out his advice on cryptocurrencies The “miners” of blockchain and how this ensures an almost “hack-proof” system of making transactions Why we’re living in the internet of the early 1990’s all over again right now with this digital currency concept of the future Why Bitcoin is currently the “mothership” of all cryptocurrencies How to check out all the major cryptocurrencies and what their value currently is The upward trajectory of Bitcoin and how when you look at the full picture of its value over the years it’s been steadily increasing (it goes up in spikes of about 70% and down about 30% after, but overall it keeps going up) Why Bitcoin is disrupting the market and scaring many banks and people like Jamie Dimon, the CEO of JPMorgan Chase Why Obama once said “Bitcoin is like having a Swiss Bank Account on your iPhone,” but why it’s more accurate to actually say “Bitcoin is like having an entire Swiss Bank on your iPhone” How to get good at trading cryptocurrencies and how to actually start making a lot of money from it How much Eric and Jordet have made through their crypto-investments Jordet’s very clever and effective strategy for investing in crypto and how he’s been able to turn 10K into over 100K in a year Why TradingView.com is a great place to learn more about trading and investing in new cryptos The Master Peece short animation Eric recommends you check out talking about Bitcoin and cryptocurrencies that’s both informative and hilarious Check out Eric on: Website: ericmerola.com Check out Jordet on: Twitter: twitter.com/Jordet *Whether it’s Bitcoin or another cryptocurrency, digital currencies are the future! I truly believe we’re at the beginning of a revolution in terms of how we use, send, and distribute money. Cryptocurrency is like the internet back in 1994. Nobody quite knows where it’s heading or what’s its truly capable of, but it’s going to be a game-changer in the upcoming years. Get in now before it’s too late. This isn’t a bubble, but the future of the way our digital world is going. A very effective adaptation that’s going to continue to get more and more popular. Whether it’s Bitcoin or several other major cryptocurrencies, the future is in these digital currencies. My only advice is to invest as much as you’re willing to lose though. Don’t go crazy and put all your money in hoping for a lucky windfall. That can be extremely dangerous! But do get in now, even if it’s for just a couple hundred bucks. Put in as much as you’re comfortably willing to lose. Learn as much as you can, do your homework, and be smart with this. I personally, after chatting with some friends including Eric Merola, just threw 300 hundred on Bitcoin, 100 on Litecoin, and 100 on Ethereum a few weeks back because I don’t care if I lose 500 bucks. The upside for this investment in a couple of years is potentially 100X more in return. The downside, even if it tanked, which I highly doubt, would be being out 500 bucks. This wouldn’t hurt me financially, just maybe my pride for a few days. So don’t take this as financial advice, because I’m totally not a financial expert, but I do recommend getting in on cryptos and starting soon. If you want to put your foot in the water and start small like I did, go to EliteManMagazine.com/Bitcoin. This will send you to the Coinbase site that Eric, Jordet, and I all talk about in the episode (and all use) where you can invest in Bitcoin and a few others like Ethereum and Litecoin. From here you can learn more and more about how Cryptocurrencies work and hopefully make some more smart investments going forward. Also, when you sign up through this special link you and I both receive $10 worth of free Bitcoin each, as a little bonus. It’s a win-win for me and you! So check it out now and sign up… EliteManMagazine.com/Bitcoin. Good luck!