Welcome to this clip of the EYL! In this engaging clip, we sit down with our special guest, Caleb Silver, to delve into the fascinating world of Bitcoin and cryptocurrency. *What You'll Learn:* *History of Bitcoin:* Caleb takes us back to the inception of Bitcoin by Satoshi Nakamoto and explains its unique creation process.*Limited Supply:* Understand why Bitcoin's capped supply of 21 million coins makes it a sought-after asset.*Mining Challenges:* Discover the complex and energy-intensive process of Bitcoin mining and why it becomes increasingly harder over time.*Market Impact:* See how Bitcoin’s limited supply and increased difficulty in mining contribute to its escalating value.*Comparison with Traditional Assets:* Caleb provides a compelling comparison of Bitcoin's performance with traditional investment vehicles like the S&P 500, Dow Jones, and gold over the past five years.*Investment Potential:* Learn about the phenomenal returns Bitcoin has offered, transforming $10,000 investments 10 years ago into multi-million dollar assets today.*Adoption and Future:* Get insights into how institutional investors like Fidelity and Goldman Sachs are embracing Bitcoin and how it’s still a growing asset class.*Comparative Market Size:* Gain perspective on how Bitcoin’s market cap compares with other major global assets like real estate, global debt, and fiat currencies.*Accessibility:* Learn why Bitcoin is still in its early stages of broad adoption and how it's becoming more accessible for individual and institutional investors. *Why Watch This?* Whether you're a seasoned investor or just curious about the buzz around Bitcoin, this video provides valuable insights into its potential as an investment, its current market standing, and what makes it unique compared to other assets. Caleb Silver, with his extensive background in capital markets, offers a balanced and informative view, making complex concepts easy to understand. *Join the Conversation:* We encourage you to leave your thoughts, questions, and experiences with Bitcoin in the comments below. Don’t forget to like, share, and subscribe to our channel for more insightful content like this! *Hashtags:* #EYL #Bitcoin #Cryptocurrency #Investing #FinancialEducation #BlockchainTechnology #InvestmentAdvice #CalebSilver #BitcoinMining #CryptoMarket #DigitalAssets #Finance #InvestmentStrategy #WealthBuilding #SatoshiNakamoto Tune in now to unravel the intricacies of Bitcoin and its place in the modern financial landscape with Caleb Silver on EYL Medium! Disclaimer: The information provided in this video is for educational purposes only. Please consult with a financial advisor before making any investment decisions. --- Thank you for watching! Be sure to subscribe and hit the notification bell so you never miss an episode from EYL! --- Remember to stay informed, stay empowered, and continue building your wealth with EYL. Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Join us for an enlightening live session, “Crypto 101 Onboarding for Newbies,” featuring Caleb Silver, Editor-in-Chief of Investopedia. This comprehensive guide is designed to demystify the world of cryptocurrency for beginners. We’ll start with the fundamentals, exploring what cryptocurrency is, its historical evolution from Bitcoin to Ethereum, and the underlying blockchain technology that powers these digital assets. Understanding the significance of crypto is crucial; we’ll discuss how decentralization fosters financial freedom and examine real-world applications such as payments, remittances, decentralized finance (DeFi), and non-fungible tokens (NFTs). Our conversation will also cover the transformative impact of crypto on the future of finance and technology. For those ready to embark on their crypto journey, we’ll provide practical guidance on selecting reputable cryptocurrency exchanges like Coinbase, Binance, or Kraken, setting up and verifying accounts, and funding wallets through various methods. We’ll clarify the distinctions between crypto ETFs, platforms like Coinbase and Robinhood, and direct ownership, as well as discuss crypto-related stocks such as Coinbase and MicroStrategy. Securing your assets is paramount; we’ll explain the differences between hot wallets (e.g., MetaMask, Trust Wallet) and cold wallets (e.g., Ledger, Trezor), and offer tips on safeguarding your private keys. You’ll learn about various types of cryptocurrencies, including Bitcoin, altcoins like Ethereum and Solana, and the role of stablecoins such as USDT and USDC in providing stability. We’ll guide you through the processes of buying and selling crypto, placing your first buy order, understanding market and limit orders, and determining optimal times to sell. Managing your investments effectively involves monitoring your portfolio using tools like CoinMarketCap and CoinGecko, and we’ll cover the basics of maintaining a diversified crypto portfolio. Safety and security are critical; we’ll discuss how to avoid scams and phishing attacks, the importance of two-factor authentication (2FA), and common pitfalls to avoid as a beginner. Additionally, we’ll introduce ways to earn with crypto, such as staking, earning interest through DeFi and yield farming, while highlighting associated risks. Navigating the legal landscape is essential; we’ll touch on varying crypto regulations across countries and provide insights into tax obligations related to crypto gains. To support your ongoing learning, we’ll recommend valuable resources, including websites, books, podcasts, and credible influencers and experts to follow. Don’t miss this opportunity to build a solid foundation in cryptocurrency and take confident steps into the digital finance world. #Crypto101 #Cryptocurrency #Bitcoin #Blockchain #DeFi #NFTs #CryptoInvesting #CryptoForBeginners #CryptoSafety #EarningWithCrypto #CryptoPortfolio #CryptoTaxes #FinancialFreedom #Investing #EarnYourLeisure Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy