Bitcoin

Just The Facts

Non-Fiction - Business/Finance
22 Pages
Reviewed on 08/12/2020
Buy on Amazon

This author participates in the Readers' Favorite Book Review Exchange Program, which is open to all authors and is completely free. Simply put, you agree to provide an honest review an author's book in exchange for the author doing the same for you. What sites your reviews are posted on (B&N, Amazon, etc.) and whether you send digital (eBook, PDF, Word, etc.) or hard copies of your books to each other for review is up to you. To begin, click the purple email icon to send this author a private email, and be sure to describe your book or include a link to your Readers' Favorite review page or Amazon page.

This author participates in the Readers' Favorite Book Donation Program, which was created to help nonprofit and charitable organizations (schools, libraries, convalescent homes, soldier donation programs, etc.) by providing them with free books and to help authors garner more exposure for their work. This author is willing to donate free copies of their book in exchange for reviews (if circumstances allow) and the knowledge that their book is being read and enjoyed. To begin, click the purple email icon to send this author a private email. Be sure to tell the author who you are, what organization you are with, how many books you need, how they will be used, and the number of reviews, if any, you would be able to provide.

    Book Review

Reviewed by Bruce Arrington for Readers' Favorite

Bitcoin: Just The Facts by Beverley Douglas is a succinct guide that presents facts about Bitcoin in a nutshell. This is for readers who have very limited knowledge about Bitcoin, and may perhaps be interested in investing in this in the future. Though presented in a positive light, the reader must also understand that this type of trading is highly risky, and investors can lose significant amounts of money. However, with that out of the way, I thought the presentation was mostly sound.

Bitcoin: Just The Facts provides a brief background on Bitcoin, explaining how it works as an electronic currency; how it is stored; how it can be bought and sold, and various trading strategies. Again, the reader needs to be aware that this book is a beginning source of trading information, and they should seek additional and advanced resources before considering trading Bitcoin. The reason I emphasize this is that often potential investors are tempted and driven by emotion to seek out get rich quick investment opportunities before being fully prepared: research, paper trading, watching valuations, and so forth.

The book mentions hacking and downplays the risk. However, according to Forbes, hacking actually is a serious risk. So the reader simply needs a broad awareness of all that is involved in investing in Bitcoin. Bitcoin: Just The Facts by Beverley Douglas is a beginner’s introduction to the fairly new world of cyber currency. It is a good start toward understanding this area of investment, providing some fundamental facts.