Welcome to the DeFi Jedi Mastermind Group!
Introduction to Decentralized Finance and the Power of Cryptocurrency
Your Path Towards Financial Freedom Starts Here
Crypto Basics
- What is cryptocurrency?
- Key terminology every beginner must know.
Blockchain Technology
- Understanding the foundation of decentralized systems.
- Decentralized Finance (DeFi)
How DeFi is revolutionizing traditional finance.
- Centralized vs. Decentralized Exchanges
- Pros and cons of each type.
Crypto Tokens
- Differences between coins, tokens, and their use cases.
Bitcoin
- The first cryptocurrency and its significance.
- Initial Coin Offerings (ICOs)
- What they are and how to evaluate them.
Initial Coin Offerings (ICOs)
- What they are and how to evaluate them.
Onboarding into the Crypto Market
step-by-step guide to getting started.
- Setting Up Your Crypto Exchange Environment
- Setting up a Cryptocurrency Wallet
- Signing up for a Crypto Exchange
- Installing and configuring the Exodus Wallet
- Creating and managing your Coinbase Account
- Setting up a Cold Storage Wallet
Note:* Why cold storage is essential for security.
Top Three Tokens to Buy and Why
- *Bitcoin (BTC)
- The digital gold standard.
- *Ethereum (ETH)
- The backbone of smart contracts.
- *Tether (USDT)
- Stability through a pegged value.
The Three Kings of Cryptocurrency
Crypto Basics Revisited
- Blockchain – The ledger behind all cryptocurrencies.
- Decentralized Finance – Financial tools without intermediaries.
- Exchanges – Platforms for buying, selling, and trading.
- ICOs – Crowdfunding for cryptocurrency projects.
- Coin Market Cap – How to evaluate token performance.
What is Coin Market Cap?
- Historical Data
- Understanding market trends.
- Market Cap vs BTC Supply
- Why 21 million matters.
- Entry Price vs All-Time Highs
- Evaluating your investment timing.
- Token Categories
- Protocol, Privacy, Utility, and more.
- Token Utility and Problem-Solving
- Assessing the value proposition.
- Token Availability and Liquidity
- Trading opportunities and risks.
- Competition Analysis
- Evaluating market rivals.
- Your Crypto Strategy
- From entry to profit-taking.