{"id":7621,"date":"2021-05-12T08:51:41","date_gmt":"2021-05-11T22:51:41","guid":{"rendered":"https:\/\/www.techdaily.com.au\/b2\/?p=7621"},"modified":"2021-05-12T22:47:25","modified_gmt":"2021-05-12T12:47:25","slug":"the-tech-side-of-cryptocurrency","status":"publish","type":"post","link":"https:\/\/techdaily.com.au\/b2\/the-tech-side-of-cryptocurrency\/","title":{"rendered":"The Tech side of Cryptocurrency"},"content":{"rendered":"

Tempted to buy up some Bitcoin, Dogecoin or other Cryptocurrency?<\/span><\/p>\n

\"\"With a single Bitcoin now priced at just over the the 70 thousand dollar mark (well this week anyway) and other crypto currencies seeing hundreds of percent gains in a short period of time recently, you may be tempted to throw some of your hard earned money in… but do your homework first!<\/span>
\n<\/span>
\n<\/span>Now,\u00a0 I\u2019m not even talking about the financial side of it (that\u2019s not really my beat), I\u2019m talking about the technical<\/em> side of cryptocurrency.<\/span>
\n<\/span>Depending on how you buy and store it, you need to understand how to keep these digital assets secure as you can quickly lose them through hacking or scams…or if you forget a password on pass phrase.<\/span>
\n<\/span>People have even lost thousands even millions of dollars in cryptocurrency, just by misplacing a hard drive.\u00a0\u00a0<\/span><\/p>\n

It’s key to have\u00a0 a good understanding of how to store, secure and access Cryptocurrency along with the financial risks also.\u00a0 \u00a0As a starter you’ll find some of the basics around storing cryptocurrencies here – https:\/\/cryptonews.com.au\/where-to-safely-store-your-bitcoins-alt-coins<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

With a single Bitcoin now priced at just over the the 70 thousand dollar mark (well this week anyway) and other crypto currencies seeing hundreds of percent gains in a short period of time recently, you may be tempted to throw some of your hard earned money in… but do your homework first!<\/p>\n","protected":false},"author":1,"featured_media":7633,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[825],"tags":[1705,1779,1706],"class_list":["post-7621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tips-2","tag-bitcoin","tag-crypto","tag-cryptocurrency"],"yoast_head":"\nThe Tech side of Cryptocurrency - Tech Daily with Andy Wells<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/techdaily.com.au\/b2\/the-tech-side-of-cryptocurrency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Tech side of Cryptocurrency - Tech Daily with Andy Wells\" \/>\n<meta property=\"og:description\" content=\"With a single Bitcoin now priced at just over the the 70 thousand dollar mark (well this week anyway) and other crypto currencies seeing hundreds of percent gains in a short period of time recently, you may be tempted to throw some of your hard earned money in... but do your homework first!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/techdaily.com.au\/b2\/the-tech-side-of-cryptocurrency\/\" \/>\n<meta property=\"og:site_name\" content=\"Tech Daily with Andy Wells\" \/>\n<meta property=\"article:author\" content=\"http:\/\/facebook.com\/techdailyradio\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-11T22:51:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-12T12:47:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/techdaily.com.au\/b2\/wp-content\/uploads\/2021\/05\/images.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"275\" \/>\n\t<meta property=\"og:image:height\" content=\"183\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andy Wells\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andy Wells\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/\"},\"author\":{\"name\":\"Andy Wells\",\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/#\\\/schema\\\/person\\\/e7055c2d78fb67aa20630476da3de45d\"},\"headline\":\"The Tech side of Cryptocurrency\",\"datePublished\":\"2021-05-11T22:51:41+00:00\",\"dateModified\":\"2021-05-12T12:47:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/\"},\"wordCount\":191,\"image\":{\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/images.jpg\",\"keywords\":[\"bitcoin\",\"crypto\",\"cryptocurrency\"],\"articleSection\":[\"Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/\",\"url\":\"https:\\\/\\\/techdaily.com.au\\\/b2\\\/the-tech-side-of-cryptocurrency\\\/\",\"name\":\"The Tech side of Cryptocurrency - 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