With the hype of the cryptocurrency industry today, so many people rave to be part of the community. It is a new and emerging investment venture that allows its traders to yield significant profit than the traditional financial markets. The decentralized and high volatility of the cryptocurrency trading market is some of its challenging yet money-making qualities. However, one can be easily intimidated by the process. Today, you will learn where to learn cryptocurrency trading efficiently.
There are several ways you can acquire all the necessary information you need to make your cryptocurrency journey worthwhile. These resources will provide you both technical and strategic skills, equipping you with a complete set of knowledge. As you may already know, you cannot depend on your emotions and gut feeling when it comes to your hard-earned money. So, here are some recommended books, podcasts, courses, documentaries, and websites you can explore.
Books are the finest choice if you are a bookworm and would love a comprehensive read on cryptocurrency trading. You can ensure that the vast takeaways would be good enough for applying effective financial decisions, especially if you are a beginner.
Authored by Chris Burniske and Jack Tatar, “Cryptoassets” is a book that inspires its readers to be successful in the trade. Both authors are known to have spent time learning the cryptocurrency market immensely. The book contains information on the digital platform’s economic analysis and how you can turn it on to your advantage.
One of the first and pioneer currencies for the crypto industry is Bitcoin. It paved the way for all the other companies to thrive in a new trading system, so it is the most stable coin in the market. Andreas Antonopoulos elaborates more in his book entitled “Mastering Bitcoin,” providing any beginner an easy route to success. He explains blockchain technology and how it creates this large pool of computer networks that handle the decentralized cryptocurrencies.
Another book you can check is “The Internet of Money.” It discusses what makes Bitcoin the success that it is now. The book gives a new perspective of the process, letting potential cryptocurrency traders in an in-depth understanding of the technical side of your earning potential.
Podcasts are great for those who find it drowsing to read immense volumes of pages. It gives you a lighter way of learning with a more simple tool. One of the top-rated podcasts on cryptocurrency trading is called “Bad Crypto Podcast.” Its hosts, Joel Comm and Travis Wright, guarantee that you have fun while getting the education you need. Their podcast covers Bitcoin and several altcoins.
“Unchained” by Laura Shin is another podcast that gained its listeners’ respect and established credibility in the cryptocurrency arena. It features expert investors and business people that provide insights in a more intricate manner. There’s also an easy-to-understand podcast called “Invest Like the Best” by Patrick O’Shaughnessy, who is also a portfolio manager. It also includes guests who can help you gain ground in cryptocurrency trading.
A trip back to school, even virtually, would be great for you as well. Online courses from renowned and reliable schools will ensure you are getting the right education. Udemy, being one of the go-to platforms for studying online, offers a complete cryptocurrency course with more than 20 hours of content and modules. There are several lectures that require you to apply your learnings technically, which helps establish your way around the system.
Princeton University also enlisted a “Bitcoin and Cryptocurrency Technologies” course moderated by Arvind Narayanan. It traverses through the entire cryptocurrency trading experience – from the basic concepts to the complex aspects like blockchain technology.
When you do not have the liberty of time in your hands, you can sit down at once and watch a documentary or three. The movie-like experience makes it more entertaining for you to learn, as it is both aural and visual. For a start, you can play “Bitcoin – Shape the Future” as it explains the emergence of the cryptocurrency trading market.
You may then follow that with “The Bitcoin Gospel” to emphasize the essence of public consumption of cryptocurrencies like Bitcoin. It will answer some of your intriguing questions, like why banks find it dubious and why the currency was created. End that with “The Blockchain and Us” as it describes the digital platform’s practicality and how it transforms the future of the financial institutions and marketplaces.
The most real-time tool, however, is the cryptocurrency trading websites. It will be your partner in crime when checking for updated trends, prices, and changes of specific coins. Your best bet for this is Coinmarketcap because of its all-in-one features. You won’t need to open other websites as it can feed you with data for price movements, market capitalization, and liquidity right away.
Coindesk is another reliable website to use. It is updated and encompassing that beginners won’t find it intimidating to browse. The site contains a list of tutorials that help you gain added information and knowledge. Lastly, Cyberfund is a good option for initial coin offerings or ICOs. On the site, you will see all the coins’ status with guaranteed integrity.
Other tools you can go for are forums and YouTube channels. Discover more about cryptocurrency trading here!
Knowing where to learn cryptocurrency trading needs the assurance that the resources are well-maintained and legitimate. You always need to countercheck the information you are acquiring as it can affect your investment portfolio. Remember, it is not worth losing your money for simple errors and mistakes like following the wrong podcast. The tools should help you walk through the digital management of your assets smoothly. That way, success will definitely follow.
As the last takeaway, keep this in mind: education makes people wise enough to acknowledge that learning never stops.