These last few days, we have received a lot of questions about Bitcoin Cash and the impending "hard-fork" to the Bitcoin network. There is a lot of confusion around this topic and we hope to shed some light and guide you on what to do if you have some Bitcoin. The concepts described here are not simple, but bear with us, we will try to explain them as simply as possible.
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The first question nearly everyone asks about Bitcoin is: "how does it work?"
The core concepts behind Bitcoin and other cryptocurrencies can be difficult to grasp. Most people's eyes will glaze over once they start hearing an explanation of "the blockchain," bit it doesn't have to be that hard. At Coin Coaching, our goal is to help you understand these kinds of things in plain English.
In the cryptocurrency investing world, the expression “HODL,” has become a catch phrase for holding onto your investments, no matter what ups an downs come your way in the market.