Founded in Nashville, Tennessee in February 2022! Not a broker or financial advisor.
Buying and selling digital cryptocurrency like Bitcoin, Ethereum, Litecoin can be completed through online exchanges. When buying over $2,000 we recommend working through a broker for reduced fees like Caleb & Brown. (Tell them that CryptoNash sent you!) Popular exchanges include Coinbase, UpHold, Crypto.com Gemini KuCoin (Our preferred exchange will be online in March! Click for more info)!
Wallets are the way to secure your cryptocurrency but you want to have the right wallet for you. A cold wallet is the most secure way to protect the generational wealth that you will be creating when investing in cryptos. CryptoNash's preferred cold wallets include the Divi wallet & Exodus wallet. Your wallet must be stored on a crypto
Wallets are the way to secure your cryptocurrency but you want to have the right wallet for you. A cold wallet is the most secure way to protect the generational wealth that you will be creating when investing in cryptos. CryptoNash's preferred cold wallets include the Divi wallet & Exodus wallet. Your wallet must be stored on a crypto only laptop from Calix Solutions to be the most secure Click here to learn more
There are numerous ways to set up your cryptos to work for you! You can stake your coins, run masternodes, and mine all from your secure laptop. Go to FAQ for more info. Other ways to grow your cryptocurrency include affiliate links that benefit both you and those you share them with! Some of our favorite affiliate links include Calix
There are numerous ways to set up your cryptos to work for you! You can stake your coins, run masternodes, and mine all from your secure laptop. Go to FAQ for more info. Other ways to grow your cryptocurrency include affiliate links that benefit both you and those you share them with! Some of our favorite affiliate links include Calix Solutions, the Divi Exchange, the Fold Card, and the Lolli App!
Navigating the world of cryptocurrency often feels like learning a new language. What is a blockchain? What is a seed phrase? How can a computer mine bitcoin?
Click here to see a list of common terms used in relation to cryptos and their definitions.
Embracing the world of cryptocurrency stirs numerous questions. We encourage everyone to do their own research but we have put together answers to some of the most commons questions here!
Email us for at firstname.lastname@example.org to sign up to join other Nashvillians at a local area meetup to discuss any and all things crypto! Spots will be limited. Check back for future announcements of in person classes offering crypto help coming in 2023.
The Divi Exchange and the Divi debit card will be coming on line in April making trading and using cryptos easier! Check back for updates! Make money on your cryptos now by staking or running masternodes through the Divi Wallet!
Please contact us if you cannot find an answer to your question.
Founded by entrepreneurs who are local Nashvillians, CryptoNash is a resource to educate and assist other regular, every day, hard working people who are looking for a way to build generational wealth.
While just a dream in 2021, CryptoNash became a reality on February 14, 2022. Designed as a company to teach others how to create generational wealth, CryptoNash formed to become a source of information for the everyday person as well as the astute business man or woman.
What the wealthy have known for hundreds of years, the everyday, hardworking person is learning now. If you work, put your money in a bank account, save and save, and never do anything with it, it will lose value over time and the wealth that you are expecting will be reduced to much less with inflation. Fiat currency is not an asset and loses value every year. You must put your money in an appreciating asset like real estate, metals, and cryptocurrency like Bitcoin to build wealth for the future. Investing in stocks and bonds have traditionally been viewed as an appreciating asset but you are not in control of your funds in these markets and they can easily be manipulated to crash.
Recently , when the Canadian government decided that they didn't like the Freedom Convoy, they froze the bank accounts of those who contributed to this cause. The people who had their funds in banks, brokerages, and on open crypto exchanges were frozen without a trial or proof that any laws were broken. Those who had their funds in their possession either physically or those who had their crypto in a private wallet, could not be touched.
The reasons that we believe in the future of cryptocurrency is that it is decentralized and cannot be manipulated, you can have full control of your funds at any time, you can move funds peer to peer through blockchain technology quickly without a middleman, and cryptos are an appreciating asset that will grow exponentially over time. You can also access them at any time from anywhere with access to the internet.
We recommend investing in the top three or four cryptos. Which ones are they? This can be debated but we see these as Bitcoin, Etherium, Litecoin, Cardano, and the future is Divi!
The two key words in crypto are.....BUY and HOLD!
We encourage everyone to do their own research as we are not financial advisors.
The exchanges will allow you to connect your bank account or credit card to move fiat currency over to purchase your cryptos. You will want to compare fees on these sites for both purchasing and for moving cryptos to your wallet. Gas fees, the fees charged to remove your cryptos from an exchange, can be as much as $50 to move certain coins like Etherium to your private wallet. Another option is to have your fiat check direct deposited to an app like Hedge which will convert it immediately to the cryptocurrency of your choice, skipping the bank entirely.
But you don't want to leave your cryptocurrency on the exchange because you want to have control of your coins. So once you have purchased your cryptos, you want to set up a wallet so that you can have control of your coins. We recommend a secure offline wallet on a crypto only laptop. Don't store your wallet on your latpop where you access the internet for shopping, surfing, emails, etc.
A crypto only laptop is setup and pre-loaded with your wallets and exchanges so that you never have to download anything from the internet. You do not want to do anything with this laptop other than buy, send, or receive your cryptos. You do not shop on amazon with this laptop or surf the web. The crypto only laptops are specifically set up with your wallet and exchanges of choice, removing all of the factory installed tracking software that would put your coins at risk for being hacked or stolen. Follow this link to Calix Solutions to learn more and order your crypto only laptop today to secure your cryptos!
We encourage everyone to do their own research because each coin is different. Most advisors recommend that you buy the top three or four coins and hold them. Some people want to "day trade" and buy the junk coins when low and sell high.
Bitcoin is considered the most valuable coin and it's recommended to buy it in any amount whether $50 or $500. It is expected to go up to over $2,000,000 a coin by the end of 2025. If half of that prediction is true it's a great investment. Litecoin is easier to obtain and tends to be a coin that many use as their spending coin. Etherium, Cardano, Polka Dot, Tether, and XRP are popular. Our favorite for growth is the Divi coin that will be available on the exchanges by late March. You can acquire it now on Bitrex and Kucoin but those are more difficult exchanges to navigate if you are new to crypto.
We have discussed the Crypto Only laptop previously which is the preferred, most secure, cold wallet. Other options include the Ledger, the Trezor, and simply a warm wallet. You always want your coins in a crypto wallet so that they aren't sitting on an exchange where you do not have control of them.
When you open a wallet, you have to keep track of the 12-24 seed words that they give you and the order that they are listed. If you lose these seed words, you will never be able to access your coins. There are stories of people with millions in crypto on a wallet but their seed phrases were on a piece of paper that was accidentally thrown away. Protect these, put them somewhere safe. If anyone ever has access this this phrase, they have access to all of your coins in that wallet and can take them. We recommend keeping these seed words securely locked away in a safe or somewhere that only you have access. Never give them to anyone.
Staking is a fabulous way to earn extra cryptos passively. You can earn anywhere from 5% to over 20%. You can stake your cryptos through wallets like the Divi Wallet and the Exodus wallet on your crypto only laptop. You can also stake on exchanges but we do not recommend it because you want to keep possession of your cryptos. You always want to read the small print, and reduce your risk when staking. The best reward often comes with the highest risk as well so do your research.
Mining is essentially a software program that solves algorithms and as they are solved, they create a block which when completed, coins are rewarded to that miner. See glossary of terms for more info. Mining can be expensive due to the cost of the computer equipment and electricity required which is why many people choose staking or running masternodes.
Altcoins: Cryptocurrency coins other than Bitcoin which was the first and is most successful of all the cryptocurrencies. Ethereum, Litecoin, and Ripple are altcoins.
Bitcoin: The very first and most successful cryptocurrency. Created in 2008 by an individual or group of individuals operating under the name Satoshi Nakamoto. It was intended to be a peer-to-peer, decentralized electronic cash system.
Block: A computer record or file that holds a historical database of all cryptocurrency transactions made. There is a limited amount of storage space in each block. Once its full, it’s a permanent record that can be viewed but not edited.
Blockchain: Made of up individual blocks, the blockchain is a digital ledger of all the transactions ever made in a particular cryptocurrency. The blocks are chained to each other through a cryptographic signature. Each time a block’s storage has reached capacity, a new block begins and is added to the chain. The blockchain is repeatedly copied and saved onto thousands of computers all around the world, and it must always match each copy. As there is no master copy stored in one location, it’s considered decentralized. Verification of transactions on the blockchain generates new coins in that particular cryptocurrency.
Block Reward: Each time a block is completed (a miner successfully calculates the hash/verification), the miner is rewarded with a portion of coins that are generated on the blockchain. This creates incentive for miners to verify transactions quickly.
Buy the Dip:
Currencies will fluctuate in value and fellow cryptocurrency advocates will encourage other to purchase coins when they are at a lower price before it goes up again with the phrase, “Buy the Dip!”
Cold Wallet/Storage: Another term used for a how you store your cryptocurrencies without being connected to the internet. A cryptocurrency wallet that is offline (not connected to the internet) minimizes the threat of hacking and is considered the most secure way to store your cryptocurrencies. Examples are Hard Wallets or Paper Wallets. These can be in the form of a crypto only laptop, or type of memory stick designed to be a cold wallet.
CPU Mining: The process of adding transactions/files to a blockchain by performing and solving algorithms using a software program called a miner that is run on a central processing unit (CPU).
Cryptocurrency: A form of money that exists as encrypted, digital information. Operating independently of any banks, a cryptocurrency uses sophisticated mathematics to regulate the creation and transfer of funds between entities.
Decentralized: The characteristic of a network or organization that has no central point of authority, decision making is instead delegated to smaller groups or shared across network points (aka nodes). The Bitcoin blockchain enables a money system to be decentralized, taking banks out of the picture, and enabling users to interact directly with each other (P2P).
Ether (Eth): The native currency for the Ethereum Network. It functions both as a money (in a broad sense) and a token for paying for smart contracts execution.
Etherium: The second most prominent cryptocurrency after Bitcoin. Created by Vitalik Buterin in 2013, Ethereum is a blockchain intended as a base layer for any application (or dApp) to run on top of using the Ethereum Virtual Machine, aka world computer. It also functions as a decentralized digital money.
Exchange: The platform through which cryptocurrencies are exchanged with each other, with fiat currencies and between entities. Exchanges can vary widely in the currency conversions they enable and their fee structures.
More terms Coming! Website Still under construction! Thanks for your patience!
We're here to assist with any cryptocurrency questions you have whether it's how to buy and secure cryptos or if you need general crypto help. Email us if you'd like to learn more!
Nashville, Tennessee, United States