How Does Cryptocurrency Work? | Cryptocurrency Basics | Ben Watson & Jim Ferraioli | 7-6-26

Cryptocurrency Basics | Ben Watson & Jim Ferraioli | 7-6-26

In this webcast, we discuss what the blockchain is and how it works. We also talk about proof of work vs. proof of stake. Additionally, we examine the concept of a "wallet" and explore types and characteristics of hot, cold, and warm wallets. Finally, we look at companies that may have cryptocurrency exposure or sensitivity. We use the thinkorswim Desktop paperMoney platform to view illustrative examples.

This webcast series helps traders learn cryptocurrency basics, how to invest in cryptocurrency, and some of the market factors that cause prices to fluctuate. Learn how to manage risk and to determine if cryptocurrencies could fit into your investment portfolio. 0426-2528

Digital currencies [such as bitcoin are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument.

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Видео How Does Cryptocurrency Work? | Cryptocurrency Basics | Ben Watson & Jim Ferraioli | 7-6-26 канала Trader Talks: Schwab Coaching Webcasts