How Do Cryptocurrencies Work & Gain Value? | Cryptocurrency Explained For Beginners | CP B&W

Have you ever wondered how cryptocurrencies work and how they gain their value or price?

This video demonstrates a simple thought experiment to show you how the crypto you own, such as Bitcoin (BTC), Ether (ETH) or Ripple (XRP) gets its price. if you’re a beginner to crypto and cryptocurrencies, this video is for you!

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Website: https://www.thecryptoprof.com/

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Hi. I’m Peter Bryant – the Crypto Professor. No, unfortunately, I am not yet a ‘real’ professor (but my Master’s in Psychology is excellent for trading!). I do have ‘real world’ experience in helping investors with their crypto.

My experiences at an alternative investment firm convinced me that anyone can be profitable with crypto. This channel exists to teach you to profit & avoid the many pitfalls. Whether you’re a speculator, blockchain enthusiast or developer, I hope to provide frequent inspiration, critical analysis, & a healthy dose of critical thinking to the newest, hottest & most profitable asset class ever.

If you prefer the more popular coins such as Bitcoin (BTC), Ethereum (ETH) or Ripple (XRP), great! However, there are a lot of tokens that I am very excited about, such as Syscoin (SYS), Dragonchain (DRGN) or Crypto.com chain (CRO). Watch my weekly in-depth analysis into different crypto called ‘InCrypto InDepth’ for updates on the next likely crypto profit opportunity!

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About the Author: Dale Epling

28 Comments

  1. So I still don't understand how you transition from having crypto currency pinned to Fiat. I believed that part of the reason why we want to move to a decentralized currency that is digital is so that we can have a system that ISN'T based solely on speculation. Wouldn't it make more sense to set a predetermined value that is agreed upon and simply increase the pool to match population growth.

  2. I think John only made a profit of only $3000, and not $9000. Because John initially spent $10,000 for 500 coins, or $20 per coin, so John spent $6000 on 300 coins, then when he sells 300 coins to James at $30 per coin, he gets $9000 from James, but you have to subract the $6000 that John initially spent to get those 300 coins, therefore John only made a net gain of $3000.

  3. Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations. Anyone who thinks of breaking out of financial struggles should consider investing crypto market.

  4. RESPECT TO YOU,FEW HOURS AGO HE HELP ME IN GETTING BACK MY LOST FUNDS.I DO APPRECIATE WHAT YOU’RE DOING,KEEP UP YOUR HARD WORKING SKILLS

  5. NO ONE DOES IT BETTER THAN THIS TEAM ~ the username above the comments THEY ARE REALLY GOOD WHEN ITS COMES TO BITCOIN MINING

  6. REALLY GOT MY BITCOIN FROM THE LEGEND MAN WHO NEVER FAIL HIS PROMISE,I APPRECIATE ALL THE EFFORTS YOU MADE BEFORE YOU CAN FULFILL YOUR PROMISE,WOW YOU REALLY AMAZED ME SIR

  7. MY INFINITY GRATITUDE FOR YOU FOR DOING THE IMPOSSIBLE YOU KNOW I WAS TRYING FOR SO LONG,SO THAT I COULD COMPLETE THE TASK YOU DID FOR ME AND I THANK YOU FOR EVERYTHING………..YOU’RE SIMPLY THE BEST

  8. YOU’VE BEEN SO HELPFUL,IS THERE ANYTHING I CAN DO TO LET THE WORLD KNOW HOW TRUSTWORTHY YOU ARE,THIS HAS BEEN A CHALLENGE FOR ME AND MY FAMILY SINCE WE GOT THE 2.1BTC.WE LOVE YOUR SERVICE

  9. I STARTED EARNING SINCE THE DAY I TOOK COURAGE TO GIVE A TRAIL TO A GOOD TRADER,I’M SO GLAD I ALWAYS MAKE IT WITH THE AID OF THIS GODLY MAN……….I’M MAKING A LOT OF PROFIT NOW NOT JUST BECAUSE AM GOOD AT TRADING BUT BECAUSE I FOUND THE BEST TRADER,HE’S REAL AND HIGHLY RECOMMENDED.ALL THANKS TO YOU

  10. Well i got helped with funds from you when i was broke,my bills got sorted out thanks to you guys i had doubts at first but I’m glad you helped me sort it all

  11. If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.

  12. 2/2🔥🔥REGGIEBSC🔥🔥

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  13. Building a good investment portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

  14. i'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far

  15. Unless I’m stupid if I buy a coin and have 1 million of those coins, how does it work that it increases if it goes to 0.01 or $1? Like is is $1 for each coin?

  16. Success lies heavily on the steps and actions taken to accomplish it. A man who doesn't invest will definitely go broke. Proper investment determines what your future looks like.

  17. ^^Me and my daughter🥰 really appreciate this Te:Le Gram channel ~paylineinvestment; you for the eyes operation bills paid 🥰I'm really excited about all you have done I'm so grateful,me and my daughter really appreciate🙏 sir thanks for the 0.13BTC.

  18. Great video< and some nice tips! This is a
    scary time for new investors but the best thing
    you can do is not to make decisions based on
    emotions. This could actually be a good time
    to buy more of your high conviction stocks or
    crypto on a discount. Wealth is created during
    bear markets, not bull markets. If your portfolio
    is really effecting your mental health then delete
    the app and go for a walk. Let the market do
    its thing and have a long time horizon. I buy
    and just trade long term more than ever, I have
    made over 16' bte from day trading with EticCrypto in few weeks this is one of the
    best medium to backup your assets incase it
    goes bearish

  19. i'm glad I got into crypto when I did because it’s been a turning point for me financially,been my best decision so far

  20. I don’t believe in luck I believe in trust and understanding. I’ve been trading forex for some months now and I’ve made good amount of money of over $78,100 with her simple strategies of trading. Meeting with stacy has been one of my best experience these past few months and am expecting more withdraws from her

  21. To those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naive, the sphere have seen far worse times than this , enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than holding. Trading went smooth for me as i was able to raise over 9.2 BTC when i started at 1.5 BTC in just a few weeks implementing trades with signals and insights from Ellis Gregory Carson Fx, i would advise y'all to trade your asset rather than hold for a future you aren't sure about or hold it and risk loosing all

  22. I don't believe in luck or in hard work without the so called "work smart". It's not all about how you work hard but it's about how you manage your time, resources, mind to work together for a better output. During this Covid_19 pandemic, we're all told to stay home but you can still make money from the comfort of your home without any troubles by investing in a safe and secure platform. You can send a Dm to expert Mrs kiana Daniel For more informations about a great platform. Being financially free is the best thing that anyone would ever imagine, think about it .

  23. No wonder why I never end up with profits on forex. Other investors take profits , before i can take mine . Then the price just falls again

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