Bitcoin Bully – Learn Bitcoin Basics
Cryptocurrency investing is the rage these days! So learn crypto coin basics with the Bitcoin Bully training program to make money or avoid the cryptocurrency scams.
Like so many others, I jumped in to see what Bitcoin or cryptocurrency investing was like.
I went small. Because I just don’t understand how a cryptocurrency investment can be evaluated or the risk assessed. And then we see so many stories about scams, ripoffs, and government lawsuits against crypto companies.
In my search to learn more about Bitcoins and the like, I ran across Bitcoin Bully.
What is Bitcoin Bully?
This is the ultimate beginner’s investment guide to bitcoin and other cryptocurrencies. It is free to join and teaches the basics of cryptocurrency investments.
The goal of the training is to develop a basic, working knowledge of cryptocurrency. In general, the training is fun and designed for you to learn at your own pace.
The training is 100% free and people can start in a matter of seconds.
So I did.
There is a short welcome video and then the training starts with The Faucet Training module.
The training is divided into modules. Each module contains a number of videos. Modules are:
- The Faucet Training (5 videos)
- The Crypto Mining Training (3 videos)
- Investing Training (10 videos)
- Bonus – The STEEM Guide (6 videos)
As new training modules are developed, they will be posted to the Bitcoin Bully website.
A note about the training videos. There is a simple task associated with each training video. The task must be completed before the next video can be unlocked. This makes the training sequential to prevent people from hopping around the training.
I noticed the first training video did not include some basic definitions, particularly for faucet and Satoshi. For a beginner new to cryptocurrencies, this could be confusing.
From Wikipedia –
Bitcoin faucets are a reward system, in the form of a website or app, that dispenses rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website.
The training program developers have frequent strong warning statements about the risks of bitcoin and other cryptocurrencies. The only guarantee is that the market will go up and down!
The Bitcoin Bully Referral Program
The Bitcoin Bully training program has a referral program attached. As part of the learning process, the associated tasks may include joining certain recommended programs. For example, the first Faucet Training task is joining CoinPot as discussed in the video.
The task is completed when the referral ID is entered into the task completion box and then clicked completed.
CoinPot is a cryptocurrency micro wallet used to accumulate earned fractional Bitcoins. Fractional Bitcoins (Satoshi) are earned from several recommended faucets.
Bitcoin Bully has ZERO claims of income and while they recommend certain programs there is zero guarantee of returns. The only guarantee is that the crypto market will go up and it will go down! Please remember that investing in cryptocurrency is EXTREMELY volatile.
Cryptocurrency markets are designed to be self-regulating. So they are not regulated by any government agencies.
However, we are seeing some governments starting to prosecute scammers.
Cryptocurrency investments could go to zero at any time. Bitcoin Bully makes no claims of income, guaranteed returns of any kind. Please remember this before you take part in any program within Bitcoin Bully.
Bitcoin Bully Summary
For anyone considering an investment in bitcoin or another cryptocurrency, I recommend joining Bitcoin Bully and completing the training. It is important to have a basic understanding of bitcoin, faucets, crypto mining, cryptocurrency exchanges, and some investment strategies.
Having a solid, basic foundation of bitcoin investments will help avoid the scams and scammers.