Here are a few Articles That could help you jump start your journey in to the Cryptocurrency Market. Knowledge is key!

At this point and time the best way to buy altcoins is to first buy a major cryptocurrency such as Bitcoin, Ethereum and or Lite Coin to then purchase alternative coins. Here is our list of the top cryptocurrency exchanges in the market.

There will only ever be 21 million Bitcoin created. Currently there are 16.8 million in circulation. We also have to account for the 1 million Bitcoin the creator Satoshi Nakamoto has locked up in his wallet, as well as about 10-15% of Bitcoin lost or locked up in wallets around the world due to people forgetting or misplacing private keys. This brings down the current circulating supply to an estimated 13-14 million. This is a big reason why people see value in Bitcoin, because of its finite supply.

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Check out coin market cap for up to date Bitcoin & Altcoins statistics.

No you do not, a Bitcoin is divisible  to 8 decimal places. The smallest value you can purchase is 1 Satoshi or 0.00000001 BTC. If necessary there are upgrades that could be implemented to the protocol to handle even smaller transactions in the future. 

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Each coin or token is divisible to a certain amount of decimal places depending on the parameters set by the core team at inception.

Cryptocurrencies are different than what we are use to. I compiled a few key points you should understand before diving into the space.

The best way to keep your Bitcoin and cryptocurrency secured is to have control of your private keys and to keep the private keys in a safe place. Here is some information on Cryptocurrency Wallets to help you choose which one is right for you. I would recommend a hard wallet like  Ledger, Trezor, or keep key.

No is not, yes there are  many opportunities  in the market and the market is very volatile but it can go both ways, just like any other market. You have to practice your best due diligence, do your research, understand the technology and work on you financial fundamentals in order to continuously be successful 

Bitcoin is unlike Fiat currency  because it is very divisible. In the USA we have the 100 ,50 ,20, 10, 5, 1 Dollar notes, plus the Quarter, Nickle, Penny coins and that is about it. With 8 decimals places there are many different denominations that could labeled in Bitcoin. Satochi did not set names for the different denominations when he created the protocol, there for the community has taken it upon themselves to try to label the different denominations in order to simplify for mass market adaptation. 

The most common units are Bitcoins, Bits, and Satoshi:

1 bitcoin = 1 000 000.00 bits

= 100 000 000 satoshi.  

It is also some what common to use SI Prefixis​

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Check out the following forums to learn more. We need names.

What to call 0.001 BTC

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• Use a Bitcoin Fiat to Crypto exchange. Here is our list of verified exchanges

• Peer to peer from a person in your community using platforms like localbitcoins.com

• Use a Bitcoin ATM which works just like your regular ATM only it sends Bitcoin to your Wallet. Visit coinatmradar.com for Bitcoin ATMs near you.

Bitcoins are created through a proof of work process called mining. Mining is a process where people use there computing power or GPU to solve the equations needed to confirm a block in the block chain. The minor that solves this equation gets rewarded with newly minted Bitcoin. Any one can set up a mining rig and compete to solve the block but the difficulty of the equations increases over time, which means that a block needs more computing power to be created. This makes mining a very competitive but lucrative market. The last block that will generate coins will be block #6,929,999 which should be generated at or near the year 2140.

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Different coins have different ways of being digitally minted. The best way to figure out how each coin is actually created is to visit the website and read through the white paper.

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Check out Bitcoins white paper by creator Satoshi Nakamoto

The blocks will continue to be created but instead of miners getting compensated with new minted Bitcoin they will be making money through transaction fees, which will likely make creating new blocks more profitable with the growing number of transactions in the network.

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Because of the law of supply and demand, once the finite supply of Bitcoins is created the value should appreciate according to demand. If Bitcoins are lost, the remaining Bitcoins in circulating should theoretically increasing in value. The less bitcoins there are the harder it is is to get one but if demand grows while supply stops the value will increase according to how much people are willing to pay.

Bitcoin is based on a deflationary economic model.