Jayde Duncan, an Athletic African American who is the founder of Crypto Queen, started her journey in this field around 4 years ago. Her main motto is to spread awareness and educate as many people as she can to create generational wealth using cryptocurrency. She adds a hint of excitement, fashion, knowledge and charisma to this industry through her style.
She sheds some light on the basics of cryptocurrency that every beginner must know of before getting started. Jayde’s Crypto Playbook course is now available on Podia to get step by step access to Jayde’s personal technique.
Firstly, let’s understand what cryptocurrency is. It’s a digital currency that can be used to buy goods and services. It’s mainly secured with strong cryptography for handling safe transactions. Many companies have started issuing their own currencies that can be traded for the good or service the company specifically provides.
Cryptocurrency uses a technology called Blockchain that is responsible for managing and recording transactions.
Types Of Cryptocurrencies
There are thousands of cryptocurrencies that are being used everyday as per a market research. But the largest trading cryptocurrencies by market capitalization include Bitcoin, Ethereum, Tether, Polkadot, etc.
Is Cryptocurrency A Good Investment?
Investing in cryptocurrencies is based on speculations as they don’t generate real cash flow. It’s a fairly technical process that is very hard for hackers to tamper with as the transactions require a two-factor authentication to process.
Cryptocurrency is a good investment for someone to gain direct exposure to digital currencies. Many cryptocurrencies like Bitcoin and Ethereum can bring profits over long time horizons. While the success of any cryptocurrency is not completely assured, if a cryptocurrency project picks up and attains its goals, early investors might get highly rewarded over the long term.
Jayde dreams to create a community of over 100k families helping them rise above living an average lifestyle and improve their money mindset. She’s currently working at Morgan State University where she helps the members expand their knowledge on cryptocurrency. She also runs a youtube channel where she makes videos entirely dedicated to cryptocurrency and money mindset.
Check out her ebook “10x your Crypto Portfolio”, where she explains everything one needs to know about investing in cryptocurrency and is a complete guide for beginners.
