Here's the beginner's guide to crypto I wish I had when starting out...

CRYPTO TRAINING PROGRAM

DISCLAIMER: I am NOT a financial advisor. Any advice you follow that is given, including these steps, are up to you. This is not a get rich quick scheme, although it is possible to make a large amount of profits in a short amount of time. It is also possible to lose said profits as well. Any profits that are earned may be taxable according to the laws of the territory you live in, and is your responsibility to pay when cashing out. If you do not feel comfortable knowing any of this, please DO NOT go any further until you have reached out to your trainer to answer any questions you might have.

Welcome to your training.  It will be presented in steps, and may take just a few hours or several days to complete depending on how well you are able to follow instructions and complete said steps.  It also depends on who your trainer is, because we all have lives and can be busy sometime.  Just be patient with them.  By the time it is complete, you should have the basic skills to be successful when you want to buy, sell, and trade various cryptos.  In order for your training to be complete, you will need to follow these instructions as closely as you can to how they are written.  If you do not, then you may not be well enough prepared to be successful at this.  Before we get started, here are a few basic terms that you may hear from others when discussing cryptos.  Feel free to skip right to STEP 2 if you feel you already know enough about them or just want to get started.

STEP 1 : Definitions of terms

Blockchain – It is the framework that makes cryptos possible. All cryptos that are created are stored on this. There is much more to Blockchain, but this is all that is needed to know for this training.

Crypto – Also referred to as Cryptocurrency. This is a generic term for any type of digital currency that is based off of the original Bitcoin, and includes Bitcoin itself.

Altcoin – Any other crypto besides Bitcoin. They are named as such because Bitcoin was the first crypto, and all others are created from its source code (kinda like DNA for programs).

BTC, ETH, and LTC – These are abbreviations for Bitcoin, Ethereum, and Litecoin. These cryptos are the most well-known, and are what you will be dealing with for the majority of your training.

Crypto Wallet – Also referred to just a Wallet. It is the website, application, or hardware used to store your crypto information.

Wallet Address – Also referred to as Your Address. This is the cryptographic code generated for you to receive deposits to your wallet.

Seed Key – This is a phrase of random words that is needed to recover your wallet if there is an issue.

Exchange – It is the act of converting one crypto to another. It is also a place to buy, sell, and trade cryptos.

HODL – This is a fun one. It’s just the intentional misspelling of HOLD, which means to just buy and not sell. It was made famous by a post from a guy on a message board years ago. The post was very humorous while still containing some of the most useful information to know when dealing with cryptos. That guy is now a meme and a LEGEND. 

STEP 2: Getting started

The very first thing you need to do before anything is to make sure that the computer/device you are using is private and able to be taken offline for certain parts of this training. If it is not, then find one that is before continuing.

Okay, so in order to start getting cryptos you need a wallet and a way to exchange. Go to the following websites below to sign up. The links should be clickable, but if not, then just copy and paste them EXACTLY as they are written here into the URL (the “http://” thing) field.

https://www.coinbase.com/join/58f9cc592e18922a3b153696

https://changelly.com?ref_id=692a934b9587

I would also strongly suggest that for whatever email you use that you create a separate folder for all emails having to do with cryptos because you will be getting confirmation links for some of these sites.

After you’ve done this, do not do anything else until you’ve contacted your trainer to confirm you have been properly registered. Wait for them to verify this and send you the okay to proceed. This could take a few hours or days depending how busy they are. Please be patient. Below is their contact info. Feel free to reach out to them by whichever means they’ve allowed you to. Be sure to include your referral links in the message like you see in the ones above. If you need help finding them just let your trainer know.

Kevin A. Mitchum – Facebook

[email protected] – Email

I can also be reached by text message for more immediate assistance

DO NOT proceed to the next step without completing this one, or you will not have much success going forward!

STEP 3: Funding your wallets

You are reading this under the assumption that STEP 2 has been completed. Again, stop reading if you have not completed that step. This is vital.

The reason you needed to reach out to your trainer to confirm you have signed up correctly is because you will be receiving your first cryptos, which will be used for your training and can be sold for actual paper money. Once they have confirmed you are okay to proceed to this step, you will need to go to your Coinbase account and get your wallet addresses for BTC, ETH, and LTC. Send those addresses to your trainer so that you can receive your free cryptos. Again, depending on how busy they are this can take some time.

Whilst waiting for your cryptos, you need to next create an application wallet on your computer/device itself. This will be where you move your cryptos to after receiving them on the website wallets. Website wallets are okay to store cryptos short term if you are planning to sell them, but you definitely do not want to store them there long term. This is because they own your wallets, and that means you do not. If the site were hacked, the hackers could also get your cryptos. If the website crashes, you have no access to your cryptos. If the website one day just disappears (highly unlikely but possible), you will lose your cryptos. It’s pretty clear why you should have an app wallet instead.

The best app wallet currently available is the Exodus Wallet. You can download it from the following address below. If you need help installing it, reach out to your trainer. There are youtube videos available as well that can help you.

https://www.exodus.io/

This wallet is great because it supports several different types of cryptos, which allows you to diversify. It also keeps track of the current values of each of the types of crypto in the Portfolio.

Once you have set up your Exodus Wallet, you will need to transfer the cryptos from your Coinbase wallet to it.  To do this, simply click on the Wallet symbol in the left column, select the crypto type in the column next to it, then click on RECEIVE.  You should then see a QR code as well as an alphanumeric wallet address code.  Press on the COPY THIS ADDRESS symbol (the first circle on the left below the address).  Then go back to Coinbase and send as much of each of the three cryptos as you can to Exodus.  This is much safer than keeping them on that site, and you will learn why in the next step.

If you don’t have access to a secure computer, your next best bet would be a phone app.  They aren’t very secure, but if that’s all you have to work with it will have to do.  There are a number of different phone wallet apps available, so you will have to find which works best for you.  Just try to find one that supports at least BTC, ETH, and LTC.  Coinbase also has a phone app.

This next section is optional, but useful.  While app wallets are safer than website wallets, they are still flawed in the sense that they have to be constantly online.  If a hacker was able to see everything that you were typing on your screen, then they could in theory steal your seed keys and passwords.  This is why there are hardware wallets.  They do cost quite a bit, but are definitely worth it if you want 100% security.  They are secure because the seed keys are generated on the physical screens of the device.  The pin/password input is generated in a random order on the device.  On the actual computer screen all that the hacker would see is a keypad with blank spots for where the corresponding numbers are on the device.  They would literally have to be in the same room with you staring directly at the device to have access.  The most well-known hardware wallets are Trezor, Ledger Nano/S, and Keepkey.  Do your own research to find which one(s) best fit your needs.  Again, youtube is a very helpful source.

STEP 4: Backing up and protecting your wallets.

THIS IS THE MOST IMPORTANT STEP!!!! If you haven’t already by now, you will need to start securing your wallets. Once a wallet has received funds, you will be able to do this. There are various ways to get it done. Again, if you need help, reach out to your trainer or search youtube for instructional videos. Be sure not to mess this up because you can lose your cryptos if you do. It is strongly suggested that you double, or even triple check everything when completing this step. AGAIN, THIS IS THE MOST IMPORTANT STEP!!!!

STEP 5: Converting to other cryptos

In order to acquire other cryptos easily, you will need to start exchanging your current cryptos.  You can actually do this inside most apps for the other ones you have not invested in yet.  It’s up to you to decide which cryptos you want to exchange for the others.  Your goal should be to have a small percentage of each type that the wallet supports.  Remember that Bitcoin can be exchanged for any of the other types, but you can exchange however you wish.  

Once you have funded each of the types of cryptos supported by your wallet you may want to acquire others you have heard about. This is the reason you were told to sign up for Changelly at the beginning. It is one of the simplest and fastest means of exchanging for other cryptos that aren’t supported by Exodus and other wallets. It supports most other cryptos, but unfortunately not enough for some people. For even more support, another site that can be used is called Shapeshift. It’s a bit more complicated to use, but again it supports some types that Changelly does not. You should always use Changelly first and foremost, but if it doesn’t have support for the crypto you have/want, then Shapeshift is the next best choice. You can go to the site below to use it.

https://shapeshift.io/#/coins

STEP 6: Shampoo, rinse, and repeat

Congratulations! Your basic training is nearly complete. Although there is still much more to learn, by this point you should be more than capable to be successful. If you have gotten this far, you need to go back through this training guide and replace any referral links and contact info with your own. The reason why is because for Coinbase you AND your trainer get a bonus of $10 additional when you make your first $100 purchase of crypto there. On Changelly, you also get various referral bonuses when your referrals do exchanges. This is not a requirement, but it’s nice to get a little something for helping others. This referral stuff was saved for last because this is not MLM or a pyramid scheme, and mentioning it at the beginning could have gotten it confused as such.

Now this is where you pay it forward. It’s up to decide how much crypto to donate to your referral’s wallets, but it should be enough so that they are able to exchange for other cryptos. A few dollars’ worth of each type should be efficient, but be as generous as you like. Feel free to share this guide as much as you like, but please give credit to its original author, Kevin A. Mitchum. DO NOT charge for this program. If you were charged, then you were ripped off. Not to say that this info isn’t worth paying for, but charging for it goes against the intent of the author. Besides, you will have a chance to donate freely to the author if you feel it is deserved (as you are about to see shortly).

Finally, Thank you so much for taking the time to follow or review this course. Its creator has and will continue to put much time and work into the creation of this system. It would be greatly appreciated if you decide to donate. You are also asked to not alter these payment addresses by replacing them with your own. There’s no way anyone would ever find out even if you did, but hopefully you have a conscience that will keep you honest.

Paypal – [email protected]

BTC - 16Y4srdc7S1ZjMBRs6CXBvWCTKmHzTQfnh
ETH - 0x5418F50cc6562b1324500e2922eaF5B8d003847d
LTC - LXSmZKXAR9VivE31GxLDJgtSoMUjAR3Miy

This now concludes your training. If you wish to continue to the bonus step, keep reading. If not, I wish you the best!

STEP 7: Bonus step

This is just some extra stuff that your trainer may suggest to you. If you have already completed steps 1-6, you need not go any further. Feel free to customize this part as you wish. Thank you for taking the time to complete your training, and the best of luck to you in the world of crypto!

Blockfolio – This is an awesome app that allows you to track all of your cryptos that you have in all the different wallets. A warning though: Once you’ve installed and have started tracking your cryptos you may find yourself checking it like every minute, especially when you are seeing the value of your portfolio grow right before your eyes!

Bitcoin Billionaire – This is an awesome addictive little game to help you get into the right mindset for entering the crypto game. It actually has some useful info as well. If you decide to play it, be sure to complete the Free Stuff reward you get for watching a youtube video about Bitcoin. It’s a really short and simple video, and is very informative. You will also notice some other videos there related to that video having to do with Bitcoin and other crypto stuff.

NodeInvestor.com – This is a great site. He also has some really good youtube videos. One of those videos predicted the most recent “crash” that happened over Memorial Day weekend about a day prior to it happening. He knows his stuff. I suggest you add his site to your favorites and subscribe to him on youtube.

Join some crypto facebook groups. There are some really good ones on there. The best by far is the Cryptocurency Collectors Club. It may be by invite only, so check with your trainer or contact Kevin A. Mitchum to get an invite.

DO YOUR RESEARCH! This training has just barely skimmed the surface. There is so much more to learn about crypto that learning it all could take months. The great part is, you don’t really need to know all of that to get started!