Detailed Beginners Crypto Investing Course

Pick up a skill that will allow you to stack Crypto the rest of your life without ever leaving this webpage. It will only take a few hours!

cryptoclass (at) briangarvin (dot) com

Become part of the largest Multi-Generational Transfer of Wealth we will ever see in our lifetime.

It will take a few hours or so to implement all the knowledge in this course. No Bitcoin or Cryptocurrency skills are required. However, you will need basic internet navigation skills. If you can surf the net, install an easy to use app, and follow basic instructions you should be good. This is very much a beginner class. If you already own Bitcoin or other Altcoins, and trade them, you “might” be too advanced to read through this.

However you could pick up some sweet digital nuggets regardless, especially in the updates section.

You should come out a new person after reading everything on this webpage. It can really change your life and give you a healthier mindset when it comes to building wealth. You will have the skills to be an investor in this new digital economy. It’s very easy to be part of this, if things are explained in the right way. That’s what this online beginners course is all about. Let’s take this exciting plunge together!

About Brian Garvin

I’ll summarize what you should know about me regarding the content in this course. I’m extending the olive branch between us and offering my professional and possibly personal friendship. I’m semi-retired and am open to making new friends in this space.

The only objective of this tutorial, as far as I’m concerned, is to get you up on game and give you the education and confidence to make your first cryptocurrency investment with relative ease. Millions need this information, so here it is.

You can think of me as your first friend in this space, or another friend if you already have one. I’m the person who will give you the expertise to make your first investment, and arm you with the right Cryptocurrency investing mindset. However, I’m not here to teach you advanced stuff like self-custody techniques, ledger execution or Metamask.

There are plenty of other experts that teach that stuff. While that’s great to know, and yes I know the basics, learning that up front tends to leave most beginners in the cold. Now you don’t have to worry about this. This course is catered mostly to Millennials and Gen-Z’ers, although Gen-X’ers (like myself) and Baby Boomers will also benefit since Crypto is easily transferable.

The reason is because as a Millennial and Gen-Z, if you are in this group, you have many years of a professional career ahead of you. Crypto should be part of building your assets during this career. I feel this training will give you a “leg up” on the rest or the normies and investing 10% of your retirement in crypto for example, could easily double your assets.

It could also shave an easy 15-20 years of work. Don’t be the one struggling to save fiat for decades. Instead, develop a solid plan and shoot for a 5-10 year retirement.

In other words, take what the defense gives you and work smarter not harder.

Many of you know where fiat currency is going, so there’s no point in belaboring this now, and most of you already see the wizard behind the curtain.

The reason this information is not on video, is because this tutorial is designed to cover many small topics. Videos are generally designed to cover one or two topics. Plus, I’m not the best at video, and feel people will gain more knowledge quicker if this information is right in front of them.

Class Location

Every Tuesday in Oceanside at 5:00pm PST I will personally show up at McDonalds to answer any questions you may have if you are local to the North San Diego County area. It can be an FAQ I missed or an obscure question. I plan to be there for at least 30 minutes, maybe longer if people have more questions. Please bring note taking materials.

I will have them as well.

I will ONLY show up if I get at least one email from someone saying they will be there. Please don’t show up without sending me an email first, expressing your intent to show up. Please let me know your name and city. I don’t expect people showing up that live over an hour away.

The location is McDonalds. 137 Canyon Dr. Oceanside, CA. 92054

Please go through all this material and give this your best shot (try to setup a Coinbase account) before asking me questions. I should be able to help you a lot more if you do this. If you don’t live in San Diego County, just shoot me an email with your list of questions. I will respond in almost all cases within one business day, unless I’m sick or have other plans.

“I’m stuck” type questions are more valuable to me than questions asked without reading this. A small donation is requested for my time but I don’t turn people down who don’t donate.

Materials Required:

You can bring your Laptop if you want, but no materials are required. Even without your Laptop, everything you need to get started is on this webpage. Hopefully you read through this before you attend the question and answer session. You can work through things on your PC or Laptop at home. However I would recommend bringing a notepad and something to write with. You might have specific questions and take notes on things not covered on this webpage.

You will also need a smartphone app called Google Authenticator so you can setup 2FA (two factor authentication) properly. This will be covered shortly.

A Laptop or PC is required to use Coinbase app. The app is great for on the go, but don’t fool yourself and think you can do everything on the app alone.

Why is this course is so important?

Many of you can already see the wizard behind the curtain.

Fiat currency is in big trouble. Our government keeps printing money like its going out of style.

People are losing money in their 401k and other retirement plans, and inflation is getting worse every year. People need to start thinking about increasing their Bitcoin and Crypto stack. Our national debt is 34.14 Trillion. Now, just the interest on this debt is over one trillion yearly.

Bitcoin is so powerful because you can’t manipulate or game the currency. Only 21 million Bitcoins will ever be available for purchase. There’s not enough Bitcoin out there to satisfy all the millionaires.

Many crypto influencers believe the price of Bitcoin can go up 15-20 times by 2030. I believe this as well. You can add to your retirement income with as little as 0.1 Bitcoin (as of 02-04-2024).

A Bitcoin Spot ETF was approved by the SEC on January 8^th 2024. This means companies like Blackrock, Fidelity and other financial institutions have been approved to sell these assets. Now there are rumors that an Ethereum Spot ETF could be approved by 2025 or sooner.

On Friday, April 19^th 2024, Bitcoin will have a halving event. Bitcoin halving occurs every 4 years. After every halving event, only ½ the Bitcoin can be mined. Now 900 per day can be mind. Starting April 19^th, only 450 per day can be mined. This is one factor that causes a “supply shock” and seriously drives up the demand of this asset.

I think of buying Bitcoin like buying a house. Back in 2018 you could get a Bitcoin for $3,600. Now the price for one (02/2024) is about $51,000. And the difference in these two prices happened in just six years. Because of mass adoption of digital currency by the masses, the price could be $700,000 or more by 2030 according to many experts. Some of the people who predict this are a lot smarter and much more wealthy than I am.

Course Objectives:

You will learn…

• What Crypto Currency is.
• How to Setup a Coinbase Account
• How to purchase Bitcoin and other Crypto Currencies.
• How to sell or trade Crypto Currency.
• How to do more research into this space
• What is Dollar Cost Averaging (DCA) and why it’s so important
• The best withdrawal strategy
• How to avoid and fight against Crypto scams
• And much, much more

This is a plan anyone can use to become independently wealthy investing in crypto.

What is Crypto Currency?

In this space, the terms Crypto Currency and Digital Currency are used interchangeably. Bitcoin is the main Crypto Currency. There are many other Crypto Currencies such as Ethereum. Any Crypto other than Bitcoin is called an Altcoin. This includes Ethereum.

As of now, some top Altcoins are

• Solana
• Ripple (XRP)
• Cardano
• Avalanche
• Chainlink
• Polkadot
• Polygon
• Cosmos
• Stellar Lumens (XLM)
• Injective

You can do more in depth research on these coins at CoinMarketCap.com. This website will cover the coin price, market cap of each coin, what exchanges support these coins, current news topics, and a case study/mission statement of each coin. I recommend that you only invest in the top 50 most popular Altcoins to minimize risk levels. The lower cap coins carry more risk. Some advanced Crypto investors like to play in this space, and use exchanges that are harder to navigate, but I don’t recommend this for any beginner.

Getting Started

I will be teaching using Coinbase to invest in Bitcoin and various Altcoins in this tutorial. Coinbase is the largest crypto exchange in the United States. They were founded in June 2012. I believe this is the best, safest place to start. They have around 4,510 employees and over 108 million users. The reason I chose Coinbase is because I feel it is very safe, and you don’t need any technical skills to begin investing. And guess what? They have NEVER been hacked.

Step #1 – Signing up on Coinbase

I recommend only signing up for Coinbase with a PC or Laptop, not a mobile phone. Personally I love my PC. I also recommend setting a password for your device so someone who accidentally comes into possession of it can’t get to the main screen without knowing this password. Make your password as strong as possible, but also make it something you can easily remember. One thing I will mention a few times in this course, is to make things as hard as possible for scammers.

• Now visit Coinbase.com.
• Click the blue “Sign Up” button on the upper right.
• Now where it says “Which trading platform is right for you?”, choose Coinbase App or Coinbase Advanced. I recommend Coinbase App for beginners. Both options are free. Keep in mind that after you are fully signed up and in the system, you can upgrade to Coinbase One for priority phone support. Currently this is $29.99 per month but totally optional. I’m personally a Coinbase One member. Please note that cold-storing and taking self-custody of your assets is an advanced strategy not covered in this course. It’s the most secure form of crypto storage there is. In order to take self-custody of your assets, you will need a ledger wallet. A good one is Ledger Nano S Plus. https://shop.ledger.com/products/ledger-nano-s-plus/matte-black. I believe Coinbase will serve all your needs, so I don’t go into this in this basic course. Coinbase has their own free vault you can use that will cold-store your Crypto assets.
• Now choose your account type. I would recommend Individual. If you have multiple family members, I would recommend setting up an individual account for each family member.
• Now they will want your First and Last name. Make sure it’s the exact same name you use on your Drivers License or other State Issued ID Card.
• Next choose a password. I can’t emphasize enough how important it is to choose a very strong password. You want to make things as hard as possible for a scammer or hacker to get into your account. Also I recommend not saving this password anywhere on your computer or laptop. Keep your account details on a USB drive as a text file, or stored on paper secured in a very safe place and don’t ever forget where it is. Make the password multiple words, and transpose a couple characters of these words so they are typos. Then add a few random numbers and special characters like ^&@$. For example, pick a city and choose two words that only people in this city would recognize. Then another word that only pertains to people in a totally different state. You get the idea, make it IMPOSSIBLE for anyone to figure it out. A good password is at least 35 characters.
• You will need to verify your email address to get started. I would recommend using an email address that you don’t use for anything else. Never share this with anyone, except a family member you trust with your life. Once you verify your email address, you should be able to login to your account. Also write this email address on a text file saved to your USB only (not your computer) and/or on paper. Preferably on both just like your password.
• Now login to your account. After you login, click the round circle at the upper right of the screen. Then click Manage Account. Then click Edit Profile Photo and upload a professional photo of yourself. I think .gif, .jpg and .png will work fine. This will show Coinbase support you have a level of professionalism.
• Now click your profile pic (you just created) again at the upper right of the screen. Make sure the checkmark next to Coinbase is selected and NOT advanced. Doing this will allow you to access the user-friendly graphical interface much needed for beginners.
• Now click the Manage Account link located within the same drop-down menu. Enter your display name, legal name, date of birth, address on your Drivers License or State Issued ID (they must match), time zone which varies depending on what state you live in, and finally select US Dollar as your currency. Here you can update your email address or password if you need to later. If you live outside the US, select the appropriate currency for your country.
• To the left you should see a link called Security. You can change your email address and password here later if you need to.

Step #2 – Getting Through KYC

Coinbase uses identity verification to comply with Know Your Customer (KYC) laws. KYC is a multi-step process that confirms the identity of customers, which helps prevent the creation and use of fraudulent accounts. In other words, it gets rid of bad actors entering the space. They also comply with anti money laundering laws so they need this info.

What I did was use a PC, took a picture of my Drivers License, front and back and saved these images to my PC. Then when they asked, I uploaded it to their system per their request and used a webcam to take a picture of myself using their built-in software. The webcam picture must match the photo on your Drivers License. You will need a webcam for this. You can purchase one on Amazon for about $30.00 or less if you need one.

Coinbase software makes this very easy but you need this to get started.

Once you are logged in, you can start this process here:

https://www.coinbase.com/verify-document

Step #3 – Setting up 2FA (Two Factor Authentication)

The first thing you will need to do is download the Google Authenticator app on your smart phone (free). Most will probably think this is the “hard” part. I’ll try to make this as easy to follow as possible.

• Log into Coinbase.
• Click the circle with your profile pic at the very upper right of your Coinbase login page.
• Then click “Manage Account” from the drop-down menu.
• Then, click the Security link on the left side.
• Next, choose 2FA Settings from the top menu.
• Finally Select Upgrade your two-factor authentication.
• Then select Authenticator App then click the purple Add Authenticator App button.
• You should get a QR Code you can use to scan with your Google Authenticator app. Connect the Coinbase QR code (scan it) with your Google Authenticator app. Here’s how you do this. On the bottom right of this app, you will see a fancy round Plus sign. Click that. Then click a small blue icon that looks like a camera that says “Scan a QR Code”. Then match the square they give you in the app with Coinbases QR code. When they connect, Coinbase will automatically be setup in your Google app.
• Now you should choose a 4 digit Passkey. You will need to enter this every time you log into your account (this is different from 2FA). This is extra security in addition to your Username and Password.
• Now Select Text Message SMS. Enter your phone number and validate it. This way you will be able to receive SMS messages when you are making Vault withdrawals and for support. Any option displayed in the security area, I would setup as much as possible. Security is ultra important.

Once you run this app, it will display a 6 digit code that changes every minute or so. Don’t ever use a code that’s red and flashing. Only use codes that are blue.

The reason 2FA is so secure, is because any user attempting to withdraw funds stored in the Vault of your Coinbase account (we’ll cover Vaults shortly) must have your Username, Password, Passkey, physical possession of your phone and access to your email address, and be willing to wait 48 hours before the funds are out of the Vault. This makes it basically impossible for your account to be compromised. This is highly unlikely unless you know the person and they have access to your phone, username, password and passkey.

What I recommend as an added layer of security, is adding a password to your Smart Phone (Apple or Android) so if anyone has your phone in their physical possession, they can’t get to your main screen (including the Google Authenticator app) without entering this code. Make it something you will remember but not obvious to others.

Next we will go over all the daily Coinbase functions. We will start with Coinbase vaults, then go on how to purchase Bitcoin and other Altcoins, sell them, and convert value from one coin to the other, and even cover USDC in the process.

Below you will find some images of the Google Authenticator 2FA app. These images should give you a general idea of how to navigate it and how it works. There will be five images below.

I will try to explain how it works now.

Image 1 are blue image codes. These are codes you should enter when being asked for your 2FA code. These codes last for about one minute, before they turn into red codes.

Image 2 are blinking red codes. This means the six digit codes are about to expire within about 5 seconds. Don’t enter these, because they are about to time out and go back to the blue codes. Think of red codes as yellow warning lights at a stop sign. These codes do work, but they are warning you that you are running out of time very quickly. I recommend you wait for the next set of blue codes.

Important: Please note on image 1 and 2, at the very bottom right side of the screen is a colorful plus sign which I circled in Image 1 and Image 2. Once you click on this, it will bring up Image 3 described below. The plus sign will take you to Image 3 from either blue or blinking red codes (Image 1 and 2).

Image 3 has two functions. The first is Scan a QR code. The second function is Enter a setup key.

Image 4 represents the function of Scanning a QR code. You will match the inside of the green border area with the QR code given to you by Coinbase. Once you do this, it will automatically synchronize and Coinbase will be automatically be added to your Google Authenticator app. This is one method to get the six digit codes so you can 2FA with Coinbase at certain times when they need you to.

Image 5 represents the function Enter a setup key. This is the other option, where you can manually enter the account name (Coinbase) and setup key. It will be a long line of code you will have to manually enter correctly for this function to work properly. After you do this, if you see Coinbase pop up on your list of choices, you will know you entered this code without error. Otherwise, you will get an error message and will need to enter the code until you get it right. Finally on Image five, I recommend leaving it on time based, which is selected by default.

Step #4 – Connecting Your Bank Account and Debit Card

• Log into Coinbase.
• Now visit this page directly: https://www.coinbase.com/settings/preferences
• After this on the upper menu, select Payment Methods.
• Then click Add A Payment Method.

Now you will be able to connect your preferred Bank Account, Debit Card, and Paypal. To add your bank account, they use a service called Plaid. Just follow their instructions, it should be very easy. Please no credit cards. Coinbase is a smart company and they know the difference. You might risk getting your account temporarily frozen while they investigate.

Add Funds to USDC

USDC is a stable coin. If you choose to get a Coinbase Debit Card, funds will debit from USDC every time you make a transaction. You can also buy Bitcoin and other Altcoins with USDC.

To add funds to USDC:

• Log into Coinbase.
• Click the My Assets link located on the left.
• Then find USDC in the middle of this page.
• Click the “Add Cash” link to add funds to this.
• Enter the Amount in US Dollars you want to deposit into USDC.
• Click the Preview Button at the bottom.
• View the Transaction details carefully, then click the Add Cash Now button.
• Once you do this, you will get an email confirming this transaction.

After you add some funds, you will be able to get a Coinbase Debit card as an alternative method of paying for things in the real world.

Coinbase Debit Card

This is where you can apply for a Coinbase Card, should you want one. It’s free and completely optional. I got mine in just over a week once I applied for it. It’s real easy to add USDC funds from your PC, Laptop and even the Coinbase App. Coinbase will currently give you $1.00 for every $200.00 you spend on the card. (0.5%)

Once each month, you will also be able to choose an asset you want to deposit these rebates in. The options I noticed were Bitcoin and Ethereum and a couple very popular Altcoins.

• Log into Coinbase.
• Now click the link directly below to get started.

https://www.coinbase.com/card

Coinbase One

They currently charge $29.99 per month and have a yearly plan for $299.88. If you go yearly, you save about $60.00 per year. The two reasons I use Coinbase one, is for priority customer support, and they don’t charge transaction fees on the first $10,000 of money you deposit with them.

To access Coinbase One:

Log into Coinbase.

Then use this direct link after you login:

https://www.coinbase.com/one

Priority Customer Support

I would have to recommend Coinbase One for anyone getting started with Coinbase. When you have an issue you need resolved, they will give you a number to call. Then, they will automatically send you an 8 digit confirmation code to your email address.

Coinbase support will call you back and read this confirmation code back to you so you know it’s them calling and not some random scammer. I’ve had a few minor issues and they’ve always called me back within an hour. If your issue persists, you can always reply to the 8 digit code they sent you and explain your issue in more detail.

Sometimes they will ask you questions about your support issue via email. Please look out for these emails and be prepared to respond.

Sometimes you can get some help via the Coinbase Reddit forum. Coinbase support staff regularly check this forum. But I wouldn’t recommend posting a problem on this forum unless you have your 8 digit ticket number handy. It’s okay to post this on the forum. However, they will need your 8 digit code to check on your case status.

https://www.reddit.com/r/CoinBase/

If you’re not a Coinbase One member, you will only get online chat support with their AI bot.

Just in case you’re interested, here’s the link to Reddit’s Bitcoin Forum. They also have forums for Ethereum and all the major Altcoins.

https://www.reddit.com/r/Bitcoin/

Zero Trading Fees

Get Zero Trading Fees on the first $10,000 of trades per month. However please be advised they will still collect the spread. If you Dollar Cost Average (DVA) or deposit more than $700.00 per month, this will pay for your Coinbase One membership.

Prefilled Tax Form 8949

You will be able to download reports like Gain/Loss statements, TurboTax Gain/Loss and a Prefilled Form 8949. You can forward these to your accountant or use them in TurboTax to stay legal and compliant. I’ll be covering taxes directly shortly. It will include a link to the Coinbase Tax area and images that will teach you how to navigate that area.

Using the Free Coinbase App

Coinbase offers a free app for Smartphone users, whether you are an Apple or Android user. Simply go to your app store and type in Coinbase App. Once you install it and login, you can see several things like view how much you have in Bitcoin, Ethereum and other Altcoins.

In other words, you can view your current stack.

With a click of a button you can add funds. Right after you fire up the app you can see your Portfolio balance.

You can view how much your portfolio gained or lost within the last day.

You will also be able to view your all time returns, total balance and net invested to date. These are outstanding metrics right at your fingertips that people can use that love to DCA like myself. Just play around with this, you will be an expert in no time.

There are many things you can’t do on the app, like add your stack to the Coinbase Vault for example. Don’t worry about what you can’t do or need a PC or Laptop to do, use the app to view your portfolio on the go and add funds to BTC or any Altcoin you own when you want.

How to Buy Bitcoin and Other Cryptocurrencies

• Log into Coinbase.
• From your PC or Laptop, click the Trade Button on the top of your screen.
• Next select the buy tab at the top left and choose the amount in US Dollars of crypto you want to purchase. It might be selected by default.
• Click in the area where the default coin is displayed. Change it to the crypto you want to buy. You can search or scroll down a long list of the currencies they offer so you can make the right selection.
• Now click in the area where your payment method is displayed, and make sure you select the one you want to use for this transaction. I didn’t give instruction on this in the image below, but do the same thing you do when selecting the default coin and you’ll be good.
• Next, click the “Preview Buy” button and make sure everything looks correct on the screen.
• Finally click the “Buy Now” button to execute your order.
• After you click the Buy Now button, you will receive a confirmation email indicating that your purchase was successful.

What is the Coinbase Vault?

Learning to setup a Coinbase Vault IMHO is mandatory (and easy). It adds a major level of security while you are going through your Crypto journey. For example, when you are trying to remove Crypto out of the Coinbase Vault, you will need to enter your Coinbase 2FA code. Then you will get a confirmation email you will need to confirm.

Then they will send you multiple reminder emails and text messages over the next 48 hours. If someone other than yourself manages to get this far (which they shouldn’t), all you have to do is click a link in any of these emails or SMS text that says “Cancel Withdrawal”, and it will be canceled.

They also require two different email addresses on file to confirm from. This is why I recommend checking your email once per day, just in case a scammer gets this far. Inside Coinbase, they even have a toggle switch that allows you to Lock Your Account if you spot something fishy. You might have to open a support ticket to have your account reopened. I’m not sure I haven’t done this yet myself. You can get to this by clicking the photo of yourself on the upper right, then clicking settings, then security.

Setting Up Your Vault

• Log into Coinbase.
• Click the “My Assets” link on the left side.
• Then click on the coin below you want to add the vault for.
• Click “Vault” which is displayed directly above the coin.
• Click the “Add to Vault” button on the right if you’ve created the vault in the past and are just adding funds. If this is the first time creating the vault, click Create Vault as the image below illustrates.
• Select the name for your Vault. Example: Brian’s ASM Vault or Brian’s Assemble Protocol (ASM) Vault.
• Next select Individual. I don’t recommend selecting Group because your account should be for a single person. I recommend setting up a Coinbase account for every family member over 18. If a family member is under 18, you will have to manage their assets under your account.
• Next enter your secondary email. This makes things extremely secure. Click Next.
• After you do this, you will get an email that you need to confirm. Click the confirmation link included with this email.
• After you do this, you will be taken to a website that says you’ve successfully setup your Vault. Keep in mind that you will need to setup a vault for each coin you have, if you elect to store it in the Vault.

Once you do this, congrats!

Your vault has been setup. All you need to do now is add your funds to the vault. Every time I add funds to Bitcoin, Ethereum or any Altcoin, I always put them in the vault right after my purchase or within the same day or so. This will keep your funds ultra safe. Make a habit of doing this for security reasons. I put funds in the Coinbase Vault almost every day that I DCA. If I DCA from my Coinbase app, I put them in the vault later that day, when I can access my PC

The only time you won’t want your funds in the Vault, is if you’re trading them or selling them. You will need to remove it from the vault in order to do this. You can make a partial or full withdrawal. It will take 48 hours to have access to these funds.

Adding Funds to Your Vault

• Log into Coinbase.
• Click the “My Assets” link on the left side of the screen.
• Scroll down this page and find your crypto. Click the crypto related to the Vault you just setup.
• Click “Vault” on the upper middle of the screen.
• Then click the “Add to Vault” button on the upper right.
• Choose how much of your coin you want to transfer to your Vault. The easiest way to do this is to copy and paste the entire amount in the “Deposit From” dialog box and paste this amount in the Amount area directly below. (Double Click, right click, copy, then right click again, and finally paste or CTRL + V in the Amount area. Only the entire number including decimals. Not the ASM part.
• Finally click the “Continue” button. This initiates the transfer.

Congratulations! Now all your assets in this coin are added to the vault. You will get an email confirmation stating this as well. One thing worth mentioning at this point is that you can’t withdraw or trade these funds until you officially withdraw them from the vault, which we will cover next. So if you try to transfer funds from a coin to USDC or another coin and you balance is “0”, don’t freak out!

They are in the Vault. I recommend going through this process every time you add funds, even if it’s only a few dollars. This will keep your funds ultra-safe, and make it impossible for scammers to steal your crypto.

When you funds are in the Vault, Coinbase says they are “cold stored”. It’s their version of self custody.

Withdrawing Funds From Your Vault

• Log into Coinbase.
• Click the “My Assets” link on the left.
• Select the coin you wish to transfer funds from the Vault by clicking on it.
• Click the “Vault” link on the top.
• Click the “Withdraw From Vault” link on the upper right.
• Click your mouse cursor in the Amount section. Then select a specific amount you want to withdraw or click the “Cash Out All” button.
• Now enter your 2FA code from your Google Authenticator app on your Smartphone.
• After you click the continue button, you will get an email you need to verify by clicking the link they give you. Once you verify your email, write down the exact time you did this. Then add 48 hours and one minute later on a notepad. After this time, your funds will be available to trade or cash out. Remember in order to cash out, the funds have to be transferred to USDC first.

How to Use Coinbase to Receive Cryptocurrency From Others

• Log into Coinbase.
• Click the gray Transfer button at the upper right.
• Then click “Receive Crypto”.
• At the bottom right, you’ll see a very small grey box with two squares inside it. Click inside that box.
• You will get a small message at the bottom middle of your screen that says Copied to Clipboard.
• Paste this special code by clicking CTRL + V in a text file, email message or anywhere else you need it. You can send it to friends so they can pay you using a particular coin they have funds in. This code can be distributed publicly without worrying.

How to add USD to Your Coinbase Account

• Log into Coinbase.
• Click the grey Transfer Button at the upper right.
• Now select Deposit Cash.
• Now enter the amount of cash you want to transfer to USD in US Dollars.
• At the bottom of the Transfer Cash dialog box, in the Transfer From area, click on the account you see. Then select the account you want to transfer the cash from so you can add it to USD. The minimum amount of cash you can deposit is $10.00.
• Now click the Review button.
• Review all your details. If you are happy with them, click the “Add Cash” button.
• You will get a confirmation email stating that your transaction was successful.

How to add USDC to Your Coinbase Account.

You will be doing this much more often than messing with USD. When you spend money on your Coinbase card, it will come from USDC. When you purchase Bitcoin and other Altcoins, it will also be deducted from USDC. I generally end up topping this account off every few days, so I keep a reasonable amount of USDC for groceries, gas, restaurants, car maintenance, website hosting, etc. About $500.00.

• Log into Coinbase.
• Click the “My Assets” link at the upper left.
• View the USDC coin toward the top of the middle of the screen.
• Click on the purple hyperlink to the right that says “Add Cash”.
• Select the amount of cash you want to add in US Dollars or choose a pre-selected option
• Click the “Pay With” area and choose where you want these funds to come from. They can come from your debit card (no credit cards), bank account, Paypal, Apple Pay, etc.
• Once you’ve chosen your payment method, click the purple “Preview” button.
• Carefully check your final details. If you are happy with them, click the “Add Cash Now” button.
• You will receive a confirmation email stating that your transaction was successful. After you hit refresh in a few seconds, your new USDC balance will be live.
• You will get a confirmation email detailing this transaction.

Also remember when you Dollar Cost Average, it comes out of your USDC balance.

Use Coinbase to Trade between Cryptos you Own

Don’t let this simple industry lingo fool you. Trading, Transferring or exchanging crypto coins mean the exact same thing. Here’s how to do this the proper way.

• Log into Coinbase.
• Click the Trade link on the upper right of the screen.
• Now click the Convert tab on the upper right of this dialog box.
• Single Click each of the two tokens displayed by default and select the coins you want to transfer From and To. You also have an option to Convert All. By doing this, you will sell all your assets in this particular coin, and it will no longer show up in your “My Assets” section. This is one way to Cash out of a coin. The other method is to move all the assets within your coin to USDC, then cash out the coin from there. Ignore where it says ” You do not have enough money in this account”. It says this because all my money is in the Coinbase Vault.
• Finally click the “Convert xxxx” button. Coinbase will process your requested transaction. I can’t take a screenshot of this dialog box, because once again, all my money is in the Coinbase Vault, Lol.
• You will get a confirmation email detailing this transaction and that it was successful.

Withdrawing Your USDC Funds From Coinbase

First I want to say that withdrawing your funds, selling your crypto and cashing out all mean the same thing. Once again, don’t let these different industry terms confuse you.

Most of us are in this space to eventually be able to withdraw funds and live a better lifestyle than fiat currency will give us. You might want to withdraw some profits soon or at least your initial seed capital, or HODL and wait 5, 10, 20 or even 40 years.

Before you withdraw any funds, you will need to convert Bitcoin or any Altcoins you want to sell into USDC. If they are in the Vault, you will need to withdraw them from the vault first which takes exactly 48 hours. Then, convert some or part of the coin to USDC.

Ultimately, you will be withdrawing by sending USDC to your bank account on file with Coinbase. I wasn’t able to figure out a way to do this from the Coinbase app.

Here’s how to do it from a PC or laptop.

• Log into Coinbase.
• Click the “My Assets” link on the upper left.
• Go to where it says USDC and click the three small dots on the right hand side.
• Choose “Cash Out” from the drop-down menu.
• Enter the amount of money you want to cash out, or click the gray “Max” button to cash out your entire balance.
• Right under where it says Cash Out USDC, make sure the correct bank account you want to send these funds to is selected. If not, click on it and select the option you want.
• Then click the “Preview” button.
• Relax and take a moment to review all the transaction details carefully.
• After you have done this, click the “Cash Out Now” button.

Sometimes these transfers take place within a few minutes. Other times, they could take between 2-3 business days. You will get a confirmation email saying this transaction was successful. You see, Coinbase does allow withdrawals, regardless of what the FUD’sters say.

You can currently withdraw up to $100,000 per day.

Paying Cryptocurrency Taxes

https://coinledger.io/ has some software that will help you with your taxes. To the best of my knowledge, as your adding to your crypto portfolio and HODL’ing, you don’t need to worry about paying taxes. However, when you withdraw profits to your bank account, this will become an issue to address. We are all responsible for paying our fair share of taxes. I plan on doing this as I withdraw and I recommend you do as well.

I believe these are considered Capital Gains taxes, just like they are from the Stock Market. However, I’m not an accountant and I suggest you get with your accountant on this. Also, any accountant should be able to help you with your Crypto taxes each year. They don’t have to specialize in Crypto. Coinbase has the proper documents you can download in your back office that you can send to your accountant. They should know what to do with these and how to compute the amount you owe the government.

Login to Coinbase, then click this link to access your Coinbase tax documents.

https://accounts.coinbase.com/taxes

Transferring Your Coinbase Assets

Death is just as much a reality as life. Paying taxes and dying are the only two guarantees in life, and paying taxes is regarded as questionable by some.

If you are terminally ill, and know you are going to pass away in three months for example, the best way to transfer assets to a loved one, like a wife or child over 18, is by having them setup their own Coinbase account. Then they will have to go through the KYC (Know Your Customer) process.

Once their account is established, send them the crypto from your account. Otherwise, if they gain access to your phone number and account, and their drivers license doesn’t match, Coinbase can put a hold on the account, and that could be a nightmare.

What I would do as the sender is cash out all your Altcoins, Ethereum and Bitcoin and transfer it all to USDC. Then simply transfer your USDC to your loved one via their incoming USDC crypto code. Make a small $10.00 transfer first to make sure it shows up in their account properly. Then you can transfer the rest. The transfers should show up within a minute or so.

The steps you take are exactly the same.

Popular Cryptocurrency Terms

There are more Crypto industry terms but these are the most popular terms you should be aware of as an investor. These are more than enough to get you started. These are all in alphabetical order.

Airdrops – This means sending large amounts of coins spread out among all the coins holders crypto wallets in an effort to encourage mass adoption. These types of rewards are giving to investors Staking or HODLing.

Alpha – Alpha is another way to say knowledge in the Crypto industry. People use it a lot in videos around this subject. For example, this tutorial gave me lots of great Alpha.

Altcoin – Any Crypto coin except Bitcoin, including Ethereum. There are thousands of coins on the market, and only the top 100 are usually worth looking at.

ATH – All Time High. This term applies to the highest price Bitcoin or another Altcoin has ever been. For example, Bitcoin hit an all-time high (ATH) of $68,789.63 on Nov 21st, 2021. This was a huge moment for the Bitcoin community and the crypto space as a whole. The way we are going, I believe we will surpass this BTC ATH within a few months. You can find the ATH for any coin simply by Googling it. Google Ethereum ATH and it should show up immediately.

AUM – Assets Under Management. AUM means the total market value of the investments managed by a person or entity on behalf of investors. AUM fluctuates to reflect the flow of money in and out of a fund and the price performance of the assets. Most institutions are measured by the value of their AUM.

Bear Market – This is when the price of your coins either stay the same or lose some value. Experienced investors use the Bear Market to their advantage and take this opportunity to “buy the dip”. This way they will have a better stack when the market goes back into a Bull. They also know to HODL during this period, because the market will eventually turn around.

Bitcoin Maximalist – This is someone in the Crypto space who is 100% allocated in Bitcoin. They practice this and preach it. They usually don’t own Ethereum or other Altcoins. Most people consider this the safest bet in Crypto.

Bull Market – This is when your coin is going up in value and experiencing positive financial gains. Usually when Bitcoin bulls, Altcoins follow suit and also bull.

DCA – Dollar Cost Averaging. This is the most important investment strategy you need to know to be successful in crypto investing. This means allocating a certain portion of what you get paid each month into the crypto space. You can make deposits monthly, bi-weekly, weekly and even daily. You can choose to invest part or all your discretionary money to start “building your stack”. How much you can invest depends on how much you earn. Right now I’m personally investing $53.00 per day into this space. This allows me to grow my stack each month. It also allows me to invest in dips because my daily investment follows the market.

Using DCA will keep you focused, so you can create goals, and visualize where you want to be within a certain period of time. Some will use this concept to become future crypto millionaires, and some just want to achieve an objective like buying an RV so they can travel, and paying off all their bills sometime in the future. You can use the DCA approach as a roadmap to achieve your financial objectives, since we all different in this regard.

The power of using DCA over a few years can be truly mind blowing.

DeFi – Decentralized Finance. This is an umbrella term for financial services on public blockchains, primarily Ethereum. With DeFi, you can do most of the things that banks support — earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more — but it’s faster and doesn’t require paperwork or a third party. As with crypto generally, DeFi is global, peer-to-peer (meaning directly between two people, not routed through a centralized system), pseudonymous, and open to all. Not all coins, like Ripple (XRP) are 100% DeFi. Some have centralized elements to them, especially coins tied to the banks.

Does this mean you shouldn’t invest in them? I would say no, keep an open mind. I would judge each coin by it’s development team and what the token contributes to the crypto community at large, not by whether it’s 100% DeFi. Many Satoshi Era crypto investors wouldn’t touch a coin if it wasn’t totally DeFi. I feel lately investors are keeping an open mind and realizing that other coins also have value in this space.

DeGen – This is a term for someone not focused on a specific wealth building plan, and who invests a lot into very risky start-up type low market cap coins under 1B, usually acting on the advice of a YouTube influencer. In many cases they are allocated too heavy into these high-risk coins. DeGen is short for degenerate.

FOMO – Fear of Missing Out. This is when someone, usually a YouTube influencer or blog post, highly recommends BTC or other coins, and mentions that if you don’t invest soon, the coin can take off and you will miss out on lots of potential profit the coin has to offer. For example; everyone keeps talking about Solana flipping (passing) Ethereum, so I FOMO’d into it. Most YouTube and Facebook Ads use FOMO.

FOMO is common in this industry, and many influencers spread FOMO with the best of intentions. They really want to help, and in many cases they are invested in the projects they are trying to get you to FOMO into.

FUD – Fear, Uncertainty and Doubt. Some people that aren’t bullish on Crypto spread this negative gossip in public forums, Reddit, etc. They are down on Crypto and misery loves company. They want everyone to feel the way they do. Do not pay attention to them. Focus on DCAing, set goals, and achieve them. This is the time.

God Candle – This is when the price of Bitcoin goes up $10,000 in one day. It is a massive green candle that can propel Bitcoin towards new all-time highs with divine force. We have never had one yet. However, the industry thought it was important enough to create this term for it. Under the right conditions, it is possible we could have one in the future.

High-Cap Coins – Large-cap cryptocurrencies are generally considered to be relatively safe crypto investments. These are companies with a market cap of more than $10 billion. Investing in coins with large market capitalisation is a conservative strategy.

HODL – Hold On For Dear Life. What this means is when you purchase a cryptocurrency coin, such as Bitcoin or other Altcoins, you hold onto them for a long time, in most cases years, to give these coins a chance to appreciate and provide you with excellent long-term returns.

Mid-Cap Coins – Cryptocurrencies with a market cap between $1 billion and $10 billion. For example, Dogecoin (DOGE), Cardano (ADA), Litecoin (LTC), and Polygon (MATIC). They are riskier than large caps, but can offer more upside potential.

Mining Bitcoin – Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems with a computer that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin. I once had someone tell me they knew nothing about Bitcoin mining when I was discussing becoming a crypto investor with them. This and a few other incidents prompted me to write this guide, because people just don’t know.

Bitcoin mining uses lots of electricity, but arguably helps stabilize the grid system where they operate. Bitcoin mining has nothing to do with investing in Bitcoin or any other Crypto except for the work the miners put in.

This is no different that warming up a glass of water in a microwave. You just press a button and the microwave goes to work. You don’t need to know all the internal parts of the microwave and how they work together to warm up your water. Right now miners are allowed to mine 900 Bitcoins per day. After April 17th, 2024, this number will be cut in half to 450 max per day. Every 4 years on the Bitcoin halving date, the number of Bitcoin miners are allowed to mine will be cut in half. This is another major reason the price of Bitcoin will skyrocket.

Normie – This is a rewrite of the word Normal. Most people that fit the narrative of this discription don’t know about Crypto, so they are referred to as normal or normies. “Normies” tend to be negative about the space and have nothing but bad things to say about it. Many are unaware that mass adoption of Crypto is already in the words, so they say things like it’s a scam, it’s used for money laundering, etc. (Like Fiat currency hasn’t been ever used for these things). It’s not always their fault, they just don’t know enough about this space.

Omega Candle – This is when the price of Bitcoin goes up by $100,000 in one day. There has never been a real event anywhere near this as of the time of this writing. However, it’s a good term to know if you are doing Bitcoin research. I’ve heard people talk about this on videos. It could do this in a couple cycles or when Bitcoin surpassed the 1M mark.

Orange Pill – This is a notional pill taken by those who have become dedicated to investing in Bitcoin. For example, I got orange pilled in 2021.

Proof of Work – A PoW network operates using a significant amount of effort running complex mathematical computations. Bitcoin uses Proof of Work, or PoW. The more people that use Bitcoin, the stronger the network becomes. This concept was developed by Hal Finney in 2004. It is also known as mining, and at scale requires a vast amount of energy. The transaction processing that goes on doesn’t need a trusted third party.

Proof of Stake (POS) – Proof of Stake coins create new blocks in a blockchain after processing transactions. A consensus mechanism keeps the distributed database secure. If you own enough staked coins, you can automatically become a validator. This is an alternative to Proof of Work. POS allows you to earn transaction fees by holding and staking tokens. Some examples of Proof of Stake coins are Cardano, Polkadot, Cosmos, Ethereum, Tezos, BNB, Solana, Avalanche and Algorand.

Pullback – A pullback is when the market makes a correction. This means a coin will temporarily go down in value. Pullbacks are normal and are part of a healthy market. Don’t be afraid of pullbacks. In fact, you can use them as great buying opportunities.

Retail Investor – These are people like you and I, average people investing in the crypto space. This term applies to business owners, non business owners, retirees, Millennials, Gen-Z’ers, Gen-X’ers and Baby Boomers. It applies to people working for the Government, fast food employees, all of us. Eventually institutions via ETF’s are going to buy up all the Bitcoin which will cause a supply shock and drive the price through the roof. In order to have a shot at generational wealth and financial security, you will want to get in this space as soon as possible. You will constantly hear this term in the crypto space.

Small-Cap Coins – Cryptocurrencies with a market cap below $1 billion. These are highly risky coins but the upside potential in certain cases can be incredible. For example; say you put $1,000 into a small cap coin valued at 500 million, and it was a winner and grew to 25 billion. This coin would give you a 50x return on your investment or $50,000.

This happens more often than people think. There are YouTube crypto influencers that will provide you with free picks of these coins. Most get in and sell once they get a good pump. Many people in the small-cap space refer to this as “gambling”. Remember if you have a portfolio size of 200k for example, it’s cool to play this game if you do it right. One strategy is to invest a max of $500 into no more than 10 coins. Then see how they play out. At the end of the day, you want to reinvest these profits back into Bitcoin.

In certain cases, if you know a Small Cap Coin has a super team behind it, you can think of these as long-term investments and cash in big time over a period of some years.

Stacking – Adding funds, buying coins, and building your Crypto Portfolio.

Staking – Certain cryptocurrencies will allow you to earn certain awards by staking them over time. Staking means holding them for a specific reward. HODL’ing is a little different, HODL’ing means holding with the intent of never letting go, at least for a long time betting on the coin appreciating. When you stake, you do it for a specified award or bonus.

TA – Technical Analysis. A “TA Guy” (or gal) is someone who spends lots of time studying graphs to predict what the price of cryptos could be in the future. There are lots of advanced techniques behind this like Fibonacci Traces, etc. This is NOT required to become an investor. Plenty of YouTube influencers will put you up on game if you want to go into a deep study of Bitcoin or a particular Altcoin.

IMHO, in crypto, the big money is made by keeping in touch with world events and why they will make the value of Crypto coins rise. .

Volatility – Get used to this term in the crypto space. Bitcoin, Ethereum and every Altcoin is volatile. Volatility is driven by market or real-world events. The price of a coin will never keep going up. They are all subject to market corrections and volatility. Don’t let volatility scare you out of this space, in most cases it’s healthy and is part of how this industry operates. Crypto is a 24/7/365 market like Forex, and the prices are constantly going up and down. Sometimes this is called “wiggling”. Just be aware of this and please don’t let it concern you.

More Security Tips

Security Tip #1 – Every time you are done conducting your business on Coinbase, log out every single time. This will force any hacker to have to login, making them guess your crazy long password you set up earlier, guess your email address that you don’t use anywhere else (the more secure the first part of the email is, the better. Think of it like your password), and they will have to guess your passkey. That’s three things a hacker needs to worry about. All this data should be stored on a USB or external hard drive, and not on your computer.

Security Tip #2 – Do not click on any suspicious links sent from phishing emails. If you receive an email from someone saying they are from Coinbase, roll your mouse over the link and look to the lower left of your page. If it doesn’t say Coinbase.com in the URL, it’s a fraudster trying to take you to a bad website. You can also roll your mouse over the From email and if you see anything suspicious like a .de email, it’s faulty.

Some of these scammy websites have malware which can give them access to your hard drive. This is why I always say never store your login details on your computer or smartphone. Coinbase will never ask you to verify a transaction or for your email or password.

Remember, Coinbase already has these details.

Security Tip #3 – If you will be away from your computer for more than one day, then also log out of your email program. Also setup 2FA for your email account as well. This means fraudsters will need your phone in order to log into your email. This should make it impossible for scammers to log into your email account to verify transactions or anything else. Email verification and Coinbase 2FA and 48 hours are required to access crypto stored in your Coinbase Vault.

Security Tip #4 – Always setup a password so no one but yourself access your Smartphone or your PC or Laptop. This is an additional layer of security most people ignore. Let’s say hypothetically I stole your phone and wanted to access your crypto. If I couldn’t guess your smartphone password, I could never access your apps or anything else, including Google Authenticator to make a request to access your crypto.

Security Tip #5 – Put every nickel of crypto you have in the Coinbase Vault until you plan to trade or withdraw it. It’s free and each coin only takes about three minutes to setup. Every time you make additional deposits, put them in the vault each time. For example, I make a daily deposit to add to my stack and I put whatever I purchase that day in the vault

Security Tip #6 – Don’t brag about how much crypto you own online, especially on Social Media. This will attract scammers and bad actors in this space to target you. It’s okay to tell people you’re involved in crypto, and help others get started like I do, but don’t brag about your numbers except for maybe family and friends you literally trust with your life. No one will likely target you if they don’t know exactly how much you have.

Security Tip #7 – I don’t recommend using a VPN to log into Coinbase. It’s better to login from one static IP as much as possible, so Coinbase gets used to who you are. Or you will get a Coinbase doesn’t recognize this device message, and you will need to verify your email. You only want bad actors to get this message, unless you get a new PC or Laptop of course. Eventually, Coinbase will get used to your new device and you won’t get these messages anymore.

Security Tip #8 – Pull out USB drives from your computer. Sometimes in phishing emails, scammers will use links that install malware on your site that will give them access to your hard drive and other computer drives. If you have USB drives installed and plugged in, they might be able to access these as well. I would only connect these right before you backup data, and unconnect them after they receive the data. This way if you have any sensitive info like login data, scammers won’t have access to it even if your computer is penetrated by malware.

Security Tip #9 – Setup 2FA on your SmartPhone Login. Most people don’t even think of this, but you should be able to setup 2FA with any major cell phone provider, like T-Mobile for example. Even if you have problems getting into your own back office, think of how impossible it will be for a predator to get back there. This will make it impossible for someone to transfer your number to them, so they can get phone access to your number. If you have a problem getting into your own back office, you can always visit one of their offices and they will assist you. If you set things up right and automate things, you really won’t need to log into the back office of your cell phone provider.

Security Tip #10 – Consider Using a Real Email Address you own. Consider getting a $5.00 per month hosting account at BlueHost, and use a real domain you purchased at GoDaddy to create this email. You can forward this email address to Gmail, Hotmail or Yahoo. This way if for whatever reason Gmail or any of these free email services lock you out, you can just change the forwarding address in C-Panel which your hosting service will offer. So if Gmail locks out out, in a few minutes you can swap out the forwarding email to a Hotmail or Yahoo account.

Security Tip #11 – Here’s a cool bonus security tip. This has to do with Coinbase 2FA. Sign up for a couple more exchanges. You don’t even have to deposit money into them, just signup and add their 2FA feature on these exchanges to Google Authenticator. The six digit codes will have the name of the exchange as the title by default. However, you can manually switch these titles. For example, switch the 2FA title (but not the underlying code) of Coinbase to Kraken, and vise versa. The only twist is you have to remember you did this every time you use 2FA.

Lets say the one in a billion chance someone intercepted your smartphone, entered your phone password to get to your apps, then accessed Google Authenticator and saw the Coinbase title with the rotating 6 digit code under it. Since you manually swapped out the titles, this 6 digit code wouldn’t work on Coinbase for the scammer. Only the Kraken code would work for Coinbase. Only you would know this, because you swapped out the titles. This makes it much harder and frustrating for the scammer.

And my golden rule of security, is to make it as hard as possible for them. Keep this type of mindset, and I strongly believe your account will never get penetrated.

Follow these security steps, and you will make it impossible for anyone to access your crypto but yourself. Coinbase is ultra secure, has never been hacked, so focus on securing your account and you’re good.

Reporting Phishing Emails and Phone Fraud

If you get a phishing email, open the email but don’t click any links. Click the three dots on the upper right of your screen and choose Show Original. Then click CTRL + A and CTRL + C and copy the entire message (CTRL + V), which will include the offending IP addresses. Then paste this info into a separate message and send it to security@coinbase.com. Coinbase will take serious measures like contacting their hosting service and get them shut down.

Next, click the three dots on the upper right of your screen again, and choose Report Phishing. Then click the Report Phishing Message button. This will send the message to Google (if you use Gmail), and their security team will label the message as spam or block it completely.

If you get a random call from someone saying they are representing Coinbase, remember they will never call you unless you are a Coinbase One member and you just filled out a support ticket. Before they talk to you, you will get an 8 digit code via email. If you don’t have a problem, hang up immediately. Then take the number they are calling from and send it to security@coinbase.com.

At the end of the day, this is a cat and mouse game, but take comfort in knowing you are doing your part in fighting Coinbase scams and attempts at fraud.

Coinbase Do’s and Dont’s

Someone complained once in the Coinbase Reddit forum that their Coinbase account came under review because they linked their Credit Card to Coinbase. I’m not sure if they care or not, but to be safe, please only link a Debit Card. They are very smart and I’m sure they know the difference.

All the other people that get their account flagged or under review seem to have issues with not using their wallet properly. Personally I don’t use the wallet. All my assets are in coins Coinbase offers directly and I’m one of the 100 million plus users with no problems. If you want to invest ultra safely I recommend going this route.

As more problems arise, I will add them here. For three months these are the only issues I’ve noticed so far. If you join the Reddit Coinbase thread, be advised that there are a lot of negative people on there spreading FUD, and most of the time it’s pure BS.

Don’t let their negative gossip get in the way of your financial independence. It’s way too important. If you have questions maybe I can help. As mentioned before, you can always send me an email with your questions.

Questions and Suggestions

The difference between this website and other tutorials is that I don’t hide behind this site. You can ask me as many questions as you want via email and I will answer them the best I can. Please keep your questions related to Crypto and to what’s taught in this tutorial. I realize that all my peeps visiting this page won’t live close to the San Diego County area.

So fire your questions away! Put “Crypto Questions for Brian” in the subject please.

If you have any suggestions, or things I may have missed, feel free to make suggestions related to things I can add to make this a better tutorial for the crypto community. All suggestions are seriously evaluated by me and are very much appreciated.

Testimonials

If this guide helped you, please email me a testimonial. You may also include your website if you have one, but it’s not necessary. Please make it an honest review detailing what you learned. I can’t post 1-2 sentence plain Jane testimonials on this quality page. Details like your city and state will help a lot. If you have a personal or business site, I’ll post your link if the review you submit is genuine and quality.

Further Study

Subscribe to these influencers on YouTube.

Michael Saylor – Bitcoin Maximalist – Type his name on YouTube. Many other channels promote him including Jamie Tree.

British HODL – Minesh. Another Bitcoin Maximalist

Cryptos4Us – George – He knows Altcoins real well.

Coin Ledger – They offer advanced Alpha on Bitcoin and Altcoins.

Connect With Brian

Facebook:

https://www.facebook.com/briangarvin1969

LinkedIn:

https://www.linkedin.com/in/briangarvin/

Subscribe to my YouTube Channel:

https://youtube.com/@Freecryptoclass

Email:

cryptoclass (at) briangarvin (dot) com

Donate to This Cause

Let’s help as many as possible invest in Crypto. If you read this guide and get a lot out of it, I’m requesting a very small $10.00 donation. Alternatively, pay what you think this information is worth. The more I receive the more I can afford to do paid advertising and send this page to as many people as possible. My mission is to get beginner retailers (average people like us) in this space.

Think of donating to me just like I’m sitting down with you for a few hours and relaying everything I know about Crypto investing so you can hit the ground running. I just taught you a very valuable skill you can use to stack Crypto cheese the rest of your life!

In return, you take me out to pizza.

That’s basically what a $10.00 donation is. It won’t break you or even affect you and in a couple days, you shouldn’t even notice the money missing. A waiter serving you at Denny’s will want a $5.00 tip for one meal, per person. If you, your wife and two kids are eating they will want $20.00.

I’m teaching you a skill you can use the rest of your life and only respectfully request $10.00. And if you feel you only want to send $5.00, we’re still friends. No hard feelings.

You can support me by sending a check or money order payable to Brian Garvin.

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Paypal

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Send Brian USDC, Bitcoin, Ethereum or Solana

If this process is too technical or tricky, don’t worry about it. I got hung up writing instructions for this process. If you know what you’re doing, go for it. If not, I’ll be tickled pink with a Money Order or Paypal. If you want to send me payment from another coin, please email me and I’ll give you my receive address.

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Other Ways to Help

Another way you can help me out is to send this tutorial to as many people as possible. You can individually send this page to anyone you know who wants to invest in crypto but isn’t sure how. Remember anyone who gets this page, it can change their life.

You can follow the 5 rule and send them here by drafting a short recommendation email to five of your friends who you personally know. This will help this project stay alive and even go viral.

If you have an email list, you can send them here to create value to your list. You can use it as a valuable bonus to your current marketing offer.

Posting a link to this on your Social Media sites like Facebook, TikTok, Twitter or Instagram would help tremendously. It would help educate your followers as well.

Subscribe To Our List

I’m not using any fancy software to get subscribers like Aweber, Get Response or Mail Chimp at this time. I’m not trying to get to that level with this page right off the bat, but I will upgrade when this spreads. However, if you want to stay updated, if I have anything “crypto related only” to announce, send me an email and put “Please Subscribe” in the subject line. I’ll send you an email when I have something very important to say.

I’ll just use my email program and BCC everyone. If my list grows too fast, I’ll switch to a professional double opt-in email program and let you know.

You can always unsubscribe by replying to the email and saying “Please Unsubscribe”. I’m a one man show only operating with my business partner Jeff, so please be nice about your unsubscribe requests. I don’t want to send anyone emails who isn’t interested.

Hiring Brian as Your Personal Consultant

Please be advised that if you really need one-on-one phone time with me, this can be arranged. I’m available for two appointments daily. I charge $50.00 per hour for my time. I will stay on the phone with you until your issues are all resolved, even if it takes a little longer than one hour. Please make your questions tailored toward the beginning investor.

Please no advanced questions like Ledgers, Metamask, etc.

If I start getting more than two consult requests daily, I will raise the price to $75.00 per hour, and will update the price on this page.

I will only accept Money Orders sent to my PO Box. I know this is old school, but I’m basically retired and this makes it simple for me. It also tells me you’re very serious and need my help. Please include your name, email, phone number and your preferred time to talk with the money order and we’ll set up something soon.

If you want to let me know via email you sent the Money Order, I will keep a lookout for it. Generally, I only check my PO Box once per week unless I know a consult request is inbound.

Bonus AI (Artificial Intelligence) 2.0 Stock Picks

As a bonus, I’ll send you the 4 traditional stocks I’m involved with. Three of these four will include a detailed use case report explaining why they are about to explode. These same three will also form the backbone of AI 2.0. The other one is a mystery stock. All four are in 15-17% profit within two months, and are expected to be very high growth stocks over the next 5-10 years, supporting AI, a 47 TRILLION dollar industry. If you consult with me, I will make sure I provide real value.

My goal is to become a multi-millionaire within 2-3 years, and I want to take anyone with me that wants onboard. Position yourself in front of this industry explosion for potential off the hook gains. I will do anything in my power to provide a 100x return or much more in our consulting session.

Refund Policy

Please be advised there are no refunds, and I will only answer questions related to getting started as a beginning investor. By speaking with you, chances are I’m prolonging shopping or a routine social event, and hopefully you can respect that time is valuable for all of us. I feel you’ll be happy with the results.

Updates

Hard reload (CTRL + F5) to stay current and get the most recent updates.

02-13-2024 – Massive Inflows Inbound Soon

Bitcoin is the best performing asset in the world. US inflation numbers in January are higher than expected. US political leadership are more focused on solving financial interests abroad than they are helping us domestically. Inflation is 3.1%. Shelter, food prices, and energy prices are the main culprits. At 3.1%, $100.00 will be worth $50.00 in just 24 years.

Trust in the fiat system is declining, and people are starting to trust cryptocurrencies more. There are new Crypto all-time highs in the Japanese Yen, Congolese Franc, Egyptian Pound, Nigerian Naira, Turkish Lira, Lebanese Pound, Argentinian Peso and other global currencies. There were $494 million of net inflows just yesterday.

Blackrock and Fidelity are continuing to set the standard for massive inflows. They are in the top of all 3,400 ETFs currently trading. The spot ETF for these two and nine other companies got approved on Jan 8^th 2024. Since then, there have been some “healthy market corrections” and the BTC price went down some. However, in the last week, inflows have massively exceeded outflows, and we are about to hit a supply shock. As of this date, BTC is oscillating between 49-50k.

People are buying massive amounts of Bitcoin because it’s the most popular asset in the world. Bitcoin is Novel, Digital, Global, Unique and is uncorrelated to traditional risk assets. It’s resistant to product cycles, competitors, weather, war, employee base or supply chain. This makes this a responsible addition to a portfolio. There’s over 10 years of pent-up demand for this asset. Via ETFs, now mainstream investors can access Bitcoin.

02-17-2024 – Avoid This Popular YouTube Scam

There’s a very popular YouTube ad run by scammers that claim if you send them Crypto, they will send you back double the amount you send them within a few minutes. This is a total scam. Anything you send them you will never see again. They are running this scam with Bitcoin, Ethereum, Solana, XRP and possibly other Cryptos I haven’t seen yet.

I’m sure they are making many millions running these AI generated ads. I did some research and all their domains are listed privately.

I’m not sure why YouTube hasn’t shut down these financial predators yet. These ads have been running at least two months that I know of. No one on earth will give you double the Crypto you send them. The ad uses AI to make the ads look like they are coming from Brian Armstrong, Michael Saylor, Vitalik Buterin, and Brad Garlinghouse.

They are currently aggressively advertising on YouTube, be careful.

02-18-2024 – Supply Shock Discussion

Most average people won’t take notice at how important Crypto is until we hit a 100k Bitcoin. Then everyone and their uncle will start FOMO’ing in. I’ve never been as bullish as I am on Crypto. The financial asymetry is crazy.

Right now miners can mine 900 BTC per day. After the BTC halving on April 17, 2024, they are only allowed to mine 450 per day. This will increase the supply shock, forcing prices to go up. It might take a few months for this effect to materialize, but it will by July or August at the latest.

There have been massive BTC inflows within the last few weeks. 65 ETF’s were approved in January 2024. The top twenty of these were all Bitcoin ETF’s.

Blackrock’s (IBIT) ETF has brought in 50% of Blackrock’s total net ETF flows since it’s launch on January 8^th. Just 10 ETF’s netted 2.3 billion dollars last week. This is more than any other ETF took in. It’s only a matter of time, I’m thinking about 3-4 years, before the market cap of Bitcoin surpasses the market cap of Gold and Precious Metals. This is the space to be in!

02-21-2024 – Awesome Withdrawal Strategies

I want to discuss a couple life changing exit strategies and suggestions (aka Cashing Out). Personally, I think of Crypto and Coinbase as “Home Base” as far as banking goes. I even own Coinbase stock because I’m such a firm believer. I converted to Crypto, because one of my accounts with 95k in Fiat with a large bank, only paid me 76 cents for an entire month. That’s not even one senior coffee at McDonalds!

Pull Out Your Seed Money

The first strategy is to put in what you can comfortably afford. Make sure you don’t need these funds for a while. Then wait one or two cycles (4-8 years), and withdraw your seed capital (original investment). After this you should have a nice balance and will be playing with “the houses” money. This is a great position to be in, and now is the time to get in this position. Your future will more than likely depend on it.

Pay Yourself 4% Per Year After You Retire

Here’s how to create another lifelong income stream. Another strategy is to leave everything in, and pull out 4% of your Coinbase balance each year when you retire. Crypto should grow at this rate or more indefinitely. If you only invest money you can afford to lose, and don’t need it soon, this is a great strategy. For example, hypothetically, let’s say you deposit a modest sum of $30,000 then DCA $300 per month over the course of 15 years. Now it’s time to retire.

I’m not a mathematician but I know you would have a hefty balance. I wish I did this. It’s not too late, I’m doing this now, just saying, Lol. Again, let’s say hypothetically you have one million in Coinbase when you’re ready to retire. Simply pull out 4% per year which is $40,000, and that’s your retirement income.

In the United States, Capital Gains correspond to ordinary income tax brackets. They vary by how much Crypto you pull out. They operate just like stocks. For the 2024 tax year, individual filers won’t pay any capital gains tax if their total taxable income is $47,025 or less. The rate jumps to 15 percent on capital gains, if their income is $47,026 to $518,900. Above that income level the rate climbs to 20 percent.

Capital Gains only refer to profits you make from investments. So income streams like disability pay, your military retirement pay, and work pay don’t account for these figures. People whine and complain about how much they get taxed but you are still left with a vast majority of your income.

Creating a Home Made Annuity

Think of pulling your funds out as a Home Made Annuity. It’s an annuity you created for yourself, and it’s even better because you have full control over these funds. If you need a new engine or expensive dental work or decide to travel around your country or world, you can take a little extra when you need it and it won’t affect you that much. So going back to retiring on $40,000 per year, as of 2024, it doesn’t quite meet the minimum threshold for Capital Gains tax if you live in the US.

However, if you’re pulling out $50,000 yearly, you should be paying 15% per year. Any aggregated Capital Gains from all sources combined over $47,356 you will be responsible for paying Capital Gains on. I’m not your go-to-guy for taxes, so take what I’m saying with a grain of salt, but talk to your accountant. They will know better than I do.

You can be really slick and set yourself up with a monthly income by dividing $40,000 by 12 for example. This would allow you to safely withdraw $3,333.33 per month. If you have a larger account, say $1.3 million, and want to withdraw the max based on legally avoiding Capital Gains Tax, calculate your monthly payments based on withdrawing $47,356 per year. Divided by 12 this would allow you to pay yourself $3,946.33 per month assuming you have no other sources of Capital Gains for that year. To be on the safe side, give yourself a few dollars less. At least that’s what I would do.

By taking some time to prepare, you can set yourself up really well for retirement. If you’re already doing well, think of these monthly payments as another income stream. You can even reinvest some of these funds if you don’t really need them. You can also transfer the larger remaining Coinbase balance to a family member or non-profit once you know you are going to pass away. I wrote more about how to execute this properly in this guide.

Do you see the massive DCA potential for a Millennial or especially a Gen-Z’er doing this for 15-30 years?

Remember if you prepare to plan, plan to fail. It’s never too late, even for Baby Boomers to start thinking this way. It’s a great way to leave a lot more $$$ for your loved ones than Fiat currency has to offer and you still have plenty of time to enjoy it.

02-21-2024 – Best Bitcoin Video Ever

I watch lots of videos on Crypto Adoption and specifically on Bitcoin. This is one of the best ones I’ve ever watched. Obviously I’m not all hung up on 1 BTC being one Billion. But I do honestly believe it will be one million around 2030 or so. It’s common sense based on how much adoption it is getting now. And most people forget about Derivatives, which are ancillary to ETF’s which should start within a couple cycles.

Hopefully the takeaway you get from watching this video is that even investing $1,000 into Bitcoin now can give you and your family huge returns given enough time. Hang in there during the dips and don’t listen to all the FUD. These people spreading FUD won’t walk you to the bus stop. They aren’t your friends and don’t care about your future. Follow your intuition and make the right move.

This video also tells me it’s not too late, and there’s massive upside potential for anyone with a little discipline and that wants to start DCAing. Even investing a few hundred per month starting now can build you a massive stack over the years. Millenials and Generation Z both have many professional working years ahead before they can afford to retire. They can’t expect the Baby Boomers or Gen X to pay their way. This is your solution.

Make small moves, HODL for years, and get fabulously wealthy.

Also watch this video about Samson Mow predicting Bitcoin reaching 1 million by the end of 2024.

02-26-2024 – Great Facts Around Bitcoin

Bitcoin is a digital currency, built on a decentralized network of machines, that was achieved through immaculate conception. In the depths of the internet, there is no CEO, no headquarters, no board of directors, and nobody holding the reigns. In spite of this, works perfectly.

Exchanges and users have been hacked but the actual Bitcoin network itself, has never been hacked. It allows you to send value almost instantly from one person or another, with no intermediary and trusted third parties. It can’t be debased or printed, and there is a limited supply of 21 million. There are way too many millionaires than there is Bitcoin at only 21 million total. It is the largest and most secure network ever created. And every transaction made on the network only makes Bitcoin stronger.

The price of Bitcoin around 2011 started selling for pennies, and as of this writing, is worth over 51k. The problem is many people are saying, it’s too late, the game is over. Only millionaires can afford it. This is far from the truth, the game has barely started. My advice is to DCA into Bitcoin until it reaches one million per coin. This tutorial will get you started. No more excuses, the time is now.

Bitcoin has been online just over 4,000 days. Within this period, there have been over 600,000 blocks mined. Over 8,700,000 Bitcoins have been issued, and it has been running 24/7 since Bitcoin was adopted by the general public in 2009. Due to it’s decentralized nature (the network is spread out over millions of computers), it has never experienced any downtime. Let that resonate for a few seconds.

Right now 3,791 Bitcoin are now being acquired by the Big Boys like Blackrock and Fidelity on each trading session. If there’s anytime to open your eyes, it’s right now.

Ironically, as I was writing this, Bitcoin soared past 54k from 51k. What a sweet moonshot!

02-27-2024 – Average Debt Per US Citizen

Right now the average national debt per US citizen is about $101,000, for every man, woman and child. Not just working adults, everyone! This figure is based on the current national debt of 34 trillion dollars divided by the 331.9 people that live in the US. In thirty years, if we don’t change the system, they estimate we could be over 340 trillion in debt. When I read this the other day, it scared me. It made me feel so glad that I’m riding the crypto train now. Make sure you allocate at least a portion of your Fiat money toward crypto, so you and your family don’t become a victim of this statistic.

Bitcoin is the best asset in the world, over Gold, Real Estate, Bonds, Annuities, Stocks and others.

Crypto is also very liquid, and over future years, will appreciate much faster based on my research.

Put your Fiat dollar soldiers to work now to avoid major frustration later!

02-28-2024 – Coinbase Site Down – Don’t Panic

Bitcoin had an incredible day today. It started at BTC being around $57,000, and jumped past $62,000. Right after BTC was at it’s highest point, Coinbase sorta crashed. When I looked at my mobile app it showed I had a balance of $0.00. Then I fired up my PC and it showed the same thing. However, within the hour, Coinbase notified all customers that it was aware of this, and would have their site fixed as soon as possible.

They also mentioned everyone’s funds were safe.

They were right. They had the site fixed within two hours and my balance showed properly. Also note, as this occurs and their membership base gets larger, they will improve their infrastructure and customer support. I’m convinced of this. These short-term crashes happen a lot during major pumps.

The main takeaway I want you to get from this update is that this stuff happens. It’s part of this game. When it happens in the future, just walk away from your computer for a few hours and check it then. Don’t freak out and contact their customer support. I guarantee when this happens they are already being bombarded by tens of thousands of support tickets and complaints.

Just let them do their job, and before you know it, things will be fixed.

Below are examples of a couple different types of messages you will see when this happens.

02-29-2024 – Have You Heard of Circle?

Circle is to IPO this year, and their valuation is quite large. USDC is fully backed by an equivalent amount of US Dollar-denominated assets held by Circle with U.S. regulated financial institutions in segregated accounts apart from Circle’s corporate funds, on behalf of, and for the benefit of users. USDC currently has a circulating supply of about 28 billion. USDC is a digital dollar backed 100% by highly liquid cash and cash-equivalent reserve assets and is always redeemable. When I find out more I’ll let you know.

USDC pays a little over 5% interest on Coinbase. When I had one of my Fiat bank accounts with a 95k balance, I got paid 76 cents interest for the entire month. You will get nowhere in life at that interest rate. The banks think we are stupid. What a joke! This is one of the main reasons I decided to move into Crypto.

03-01-2024 – Giga-Candle Alert

I believe we are about to get the giga-candle to the moon within six months max. Michael Saylor just purchased 3,000 Bitcoin worth about 155 million a few days ago. I’m sure this had a lot to do with the recent Bitcoin spike to over 54k Monday morning. Remember mass-adoption has BARELY started.

03-02-2024 – Spot ETF’s Taking Off

Over 83% of the Spot ETF volume in Bitcoin is happening in the US. The United States is the hub for Bitcoin and digital assets now. Don’t arrive late to this party. Saving your wealth in the very system you’re trying to break free from isn’t a good strategy.

Bitcoin is the only financial instrument that gives you the ability to exit from this failing Fiat financial system. This week, someone was able to send 1.3 billion dollars of Bitcoin in less than a few minutes for $2.03 in total fees, and without any third party involvement. Bitcoin is the most powerful asset in the world, supported by the most powerful network. Bitcoin protects you from debasement and money printing.

Save your hard earned money and invest it into the greatest savings technology ever created.

03-03-2024 – Main Purpose of Bitcoin

Bitcoin has two major purposes, Capital Preservation and Capital Appreciation. Right now 481 million dollars per day is flowing out of the analog world and into the Digital World. This new smart money is being moved by smart people who see a very bright future in Bitcoin and other digital assets.

A Bitcoin millionaire is a much better position to be in than a regular millionaire, where most of their assets are in Real Estate, Precious Metals and other assets. Not only is Bitcoin appreciating much faster, it’s extremely liquid. On Coinbase for example, you can liquidate $100,000 of Bitcoin per day if you needed to. For Real Estate, you would have to refinance or sell the property for these funds to be liquid. You will have refinance fees, usually in the thousands of dollars.

03-04-2024 – The Supply Shock is Real

13x the Demand to Supply Ratio!

The upcoming Bitcoin halving on April 17th, 2024 will cut supply by 50%, from 900 to 450 Bitcoin per day. This is expected to supercharge the price of Bitcoin. This might not happen the same day, but definitely within a few months. Think July -August 2024. Analysts are expecting a conservative price of $273,000. Bitcoin has been facing recent selling pressure. Demand outstrips supply now, and this trend is expected to continue for the next couple months.

Renowed analyst Willy Woo highlights a significant gap between new investor demand ($607 million daily) and fresh supply ($46 million daily). Also keep in mind that there are 62.4 million millionaires in the world. Only 21 million Bitcoin will ever be created. There’s too many millionaires in the world to benefit substantially from Bitcoin. This means the ones who are aware, and take action, are the ones who benefit.

03-05-2024 – Marathon Digital Holdings

A Bitcoin mining company you should be aware of in this space is Marathon Digital Holdings, ticker MARA. They are the biggest, most publicly traded Bitcoin Mining company in the world. They survived the crypto winter and continued to provide value and produce the last six years. This is a company I’m personally looking closely at and is on my watch list. I might drop 5k into this within the next 6-9 months.

Marathon Digital Holdings is a Bitcoin company. Their primary mission is to enhance the Bitcoin network by sustainably increasing the amount of computational power (“hash rate”) that helps make Bitcoin the world’s most decentralized and secure monetary network. The work they conduct at their 11 locations tends to stabilize the power grid in the areas they operate in.

I just want to make it clear that they are an asset, not a liability in the areas they are in.

Microstrategy Inc.

I’m also looking at MicroStrategy Inc. stock, ticker MSTR which is owned by Michael Saylor. I just invested over 10k into this company, and I’ll tell you why I did this. It’s profits should follow the path of Bitcoin in the regular stock market which I find fantastic. Now they are moving even faster than Bitcoin, because they are considered a Bitcoin development company. This company is putting all their resources into purchasing and developing Bitcoin.

What this company does is buy Bitcoin. Then they get loans based on the appreciation of Bitcoin and buy more Bitcoin. I’m not sure of this, but I also believe they trade on margin, more than likely with a small percentage, and use these mega profits to get larger loans and buy even more Bitcoin. You can see why I’m so excited to be part of this.

Think of Bitcoin on steroids and the future Berkshire Hathaway. That’s my mindset anyway.

Both of these companies are worth doing some extra research on.

03-06-2024 – Hong Kong is Getting Involved

I believe one million a BTC is going to happen faster than anyone realizes. The reason is there’s too much pent up demand and the supply is dwindling. In addition to ETF inflows, Hong Kong is wanting to come onboard. Hong Kong has 22 applications in for crypto exchanges they want to develop. They also have a lot of spot ETF applications in as well. I’m not sure how long this will take to all materialize, but it’s one more reason you should own some Bitcoin, before all of this happens. Asia will be a huge market.

Once the price of BTC reaches 100k, so many retailers, larger institutions and different countries will start FOMO’ing in. Keep the faith, it won’t be much longer before Bitcoin goes parabolic. This should start in 2024, but 2025 should be the best year ever for Bitcoin and Crypto in general.

03-07-2024 – Daily Bitcoin to ETF Fund Flow Website

Here is a website you can use to get insights on Daily Bitcoin ETF Flows so you can guide your investment decisions. When you get to their site AUM means Assets Under Management. This website will tell you the aggregated ETF deposits as well as the Daily Net Flow of these same assets.

03-08-2024 – Get 0.25 Bitcoin Now Before It’s Too Late

If you have more than 0.25 Bitcoin, congratulations. You own more Bitcoin than the millionaires who do not have any. Let’s calculate, right now, 93% of all the Bitcoins that will ever exist are already circulating in the market. There will only ever be 21 million Bitcoins. In fact, it might be less, possibly closer to 15 million, because at least six million have been lost forever. Lost keys, owner deaths, etc.

What does 15 million signify? For context, This means, hypothetically, if every millionaire wanted just half a Bitcoin, they couldn’t obtain it due to a supply shortage. As of 2023, there were 64 million millionaires worldwide. Dividing those numbers indicates that the most anyone could acquire at that rate is 0.23, just under a quarter of a Bitcoin. This fact is somewhat astonishing.

03-09-2024 – Mr. 100?

I have seen numerous posts about Mr. 100 who buys 100 bitcoin three times per day. He alone is taking out about 1/3 of the 900 coins being mined everyday. 1/3 of each days newly mined supply goes to this wallet. Pretty insane. This is part of the supply shock going on. I wonder if it’s Jeff Bezos?

03-10-2024 – 7 Most Common Mistakes Crypto Newbies Make

Mistake #1 – Don’t be intimidated by volatility. The crypto market constantly goes up and down. This is the sign of a healthy market due to millions of transactions processing. The crypto market has a natural wiggle to it. For example, you could have $46,000 one minute, then your balance shows $45,500 in just a few seconds. This is okay! Always focus on long-term holds, especially with Bitcoin. You will be fine!

Mistake #2 – Don’t worry about dips and pullbacks. For example, your portfolio might hit a high, then for two weeks it could take an 8% dip. This is also normal. This market does shake out weak hands. What you want is Diamond Hands, aka, Strong Hands. Once again, think 5+ years. The market is based on inflows and outflows. Some days outflows are more than inflows. Just learn to roll with the punches. Over all we are about to hit supply shock, and the demand is 13 times more than the supply.

Mistake #3 – Panic selling. Don’t panic sell once the market reaches an All Time High (ATH). People actually set their sell alerts so they sell at the ATH. Why would you sell your crypto inheritance for 72k when you can hold it and sell some later at 1M? It just doesn’t make sense. The next eight years is a chance to truly establish a name for yourself if you plan on playing this game right.

Mistake #4 – When it comes to crypto, we’re all in this together and are also in competition at the same time. Your best approach to Crypto is to purchase all the Bitcoin you can comfortably afford then HODL it (Hold on For Dear Life).

Mistake #5 – There are lots of FUD’sters out there. Simply ignore them. You can’t fix a broken mindset so don’t try. Have a plan, this is so important. Your personal plan should be different than anyone else’s plan. Then establish realistic goals. DCA (Dollar Cost Averaging is a terrific way to get there. Even if you can only afford $300 per month that’s something. This can add up to a significant amount over 5 years. It might or might not make you a millionaire, but it will pay a lot of bills which should lower your stress and blood pressure.

Mistake #6 – Don’t over allocate your assets info Startup Cryptos (ICO’s) or Initial Coin Offerings. Also don’t over allocate in low-cap coins, they are extremely risky and most people lose in this game. If you want to truly speculate, you can allocate 1-2% of your assets in this space. Coinbase doesn’t offer many low-caps directly. They vet the coins they offer. I recommend staying with proven projects that the mid-caps and high-caps offer. Examples are Solana, Avalanche, Chainlink, Cardano, etc.

Keep in mind that over 5,700 crypto projects have failed, but Bitcoin never has and I believe never will. Think of the aggregated lost money from this. Only 28% of people starting with crypto are in profit. The people who lose out or get liquidated made one of the mistakes I’m telling you about. Over 99% of Bitcoiners are in profit. Something to think about. Bitcoin is the king!

Mistake #7 – People get their accounts hacked because they don’t practice good security. Most of implementing security is a one time setup process. It’s more using your brain and common sense than anything else. Then you can enjoy a lifetime in the crypto industry without worrying about your account getting hacked. I offer some great security tips as part of this course in a separate chapter.

03-11-2024 – ETFs Versus Coinbase

When you purchase an ETF through Blackrock or Fidelity or any of the others for example, they only allocate 1-3% of the investment into actual Bitcoin. On the other hand, which you have a Coinbase account, you can purchase 100% pure Bitcoin directly, dollar for crypto (or whatever currency your country supports). This is a very important concept to be familiar with.

03-13-2024 – More Reasons BTC is a Solid Investment

Reason #1 – Bitcoin ETFs will be made available to large Wirehouse Platforms (Think Blackrock or Fidelity on a smaller scale). They might be smaller but there are many more of them. These Wirehouse Platforms will be offering Bitcoin ETFs within the next few months.

Reason #2 – Options trading will start to be implemented on current ETFs before the end of this year.

Reason #3 – I only heard one credible source mention this, but the current ETFs offer a 1-3% allocation to Bitcoin. After these institutions test this percentage, it is likely to be raised to 4, 5, and eventually up to 10% within a year or two. The demand is there; people want it!

Reason #4 – Don’t forget the Large Institutions which most are not on board yet, more Government adoption like El Salvador and Venezuela, people losing trust in FIAT, and retail whales.

My point is, the real party hasn’t even started yet. You are early!

03-14-2024 – Michael Saylor Says – This Resonates!

Michael Saylor made a powerful quote that will resonate with me the rest of my life. Here’s what he said:

“People that use Fiat currency as a store of value, there’s a name for them. We call them poor.”

I had an “ah-ha moment” after hearing this. Mid November 2023, I was having coffee at dinner at McDonalds. I had an account from a disability settlement that had about 95k in Fiat. The bank paid me 76 cents of interest that month for this account.

This doesn’t even pay for one senior coffee!

So the banks were making loads of money from my money for free. Seriously how can you trust a broken system like this? No, it didn’t sit well with me, and this is what sparked my interest in investing in Crypto. I knew about Crypto years ago, and purchased one BTC for $3,600 in 2018 before the 6 year Crypto Winter. But I lost interest until Nov 2023 when my business partner Jeff West told me about the January 8th ETF approvals on the horizon.

I started DCA’ing whatever I could into Coinbase preparing for this event. Then through research I found out many more mass adoption cases for this asset.

GTBC (Greyscale) New Baby Fund

They are launching a Baby Fund under the ticker BTC. You will be able to purchase an ETF directly from them. This means all the crazy selling (outflows) they were doing could instantly cease. This new fund will supposedly have lower fees than the other ETF providers like Blackrock (IBID) and Fidelity (FTBC). You shouldn’t purchase an ETF from anyone, because you’ll only have a 1-3% allocation to BTC.

Things are exciting and are moving very fast right now. The Bitcoin miners can only product $65 Million Dollars of new BTC for circulation each day. The current demand is 15x more than this new supply. How much do you think the price will go up to accommodate everyone?

How about after the April 17th halving?

Conclusion

I feel this startup tutorial is the best and safest way to begin your Crypto journey with Coinbase, the largest and most reputable Crypto exchange in the United States. My final tip is to take action. Sitting on the sidelines while others get wealthy won’t do you any good, is very counter-productive and a waste of your valuable time. Even if you just start with $10.00 you made a move. You can get lots of experience just depositing small amounts of money.

You will pick up the experience and confidence you need by going through their entire back office, and getting familiar with all the services they offer. I cover the most important ones here. Don’t be afraid to click around, you won’t break anything. But use common sense and don’t click the “Close Your Account” or “Lock Account” buttons for example.

Have fun and start stacking!

Disclaimer

Everything in this handout and tutorial is my opinion, and is not to be taken as investment advice. I am not an investment advisor. I’m simply a cryptocurrency enthusiast passing on what I know so I can make it easy for you to enter this space should you choose to.

I’m also not an “expert”, I’m simply an enthusiast investing in Crypto, and want to show others how to do the same. I feel we are all in this journey together. I will not be responsible for any losses you incur, just like I can’t blame anyone for any losses I incur. There’s no guarantees with any investment. If you’ve ever invested before, you already know this. Most companies that talk about investments use the same types of disclaimers.

Copyright

We own a copyright to this and only ask that you don’t steal this content.

Feel free to send this web page to anyone serious about investing in cryptocurrency. Please come back every now and then and do a hard reload (CTRL + F5). This website is a “living document” and I’m constantly making revisions to this page to make it easy for crypto investors to get started.

Best of Success!

Brian Garvin – Your Cryptocurrency Evangelist!