Cryptocurrency for beginners, where to start?

[PandoraRocks]

I know hardly anything about Bitcoin etc but I do know a few people who have made 5k in a year. Are there any good podcasts or videos that explain the basics?
Even my plumber has invested in Cordano ADA and I notice the coins have increased from 89p to £1.50. Is it worth investing £500 in ADA or will it never reach the dizzy heights of Bitcoin?

From the limited amount I have read, it seems Bitcoin has grown in value because people keep buying it. It has no intrinsic value cause it's not real. You can't use it to buy stuff.
What happens when people stop buying it and/or the last Bitcoin is mined? Will it be worthless? Also, the mining uses huge amounts of energy and is therefore very destructive to the environment. Maybe governments will ban it for this reason?

I remember when Bitcoin was £1 a coin. I just thought it was a scam🤣.

Mining is a name, an analogy for the mathematical work undertaken to prove the transactions in the blockchain that is rewarded with what is called a bitcoin. The analogy to miners digging ore that yields the reward in, say, gold.

They were purposefully limited when established. I'd read the remaining amounts were a small fraction of the total but hadn't realised there was a chronological limit designed in nor that fees are part of a reward until @HerRoyalNotness posted for which I'm grateful.

I'm sure those of you actively investing are already aware of the crypto crash happening today, however, just on the off chance you're not - please do double check your investments and give some thought as to how to react. Maybe check you can get your money out easily and quickly if necessary.

www.independent.co.uk/tech/bitcoin-price-news-latest-ethereum-b2077253.html

Robert Breedlove & Peter McCormmack Podcasts. They will change your life. Breedlove chat with Michael Saylor is phenomenal.