Digital currencies are on the rise and everyone is getting into cryptocurrencies. What exactly are cryptocurrencies? A cryptocurrency (or “crypto”) is a digital asset that may be exchanged without the need of a central monetary authority such as a government or bank. Cryptocurrencies are generated using cryptographic processes that allow users to purchase, sell, and exchange them safely. Other than Bitcoin, there are thousands of other cryptocurrencies across different networks and ecosystems.
Trading cryptocurrency is highly rewarding at the same time, highly volatile and risky. You might even lose all of your funds. Remember to always DYOR (Do your own research). The crypto market is a large market with many distinct trading systems. As a result, it would be ideal if you could comprehend the industry from your perspective. Crypto exchanges, cryptocurrencies, and trading platforms should all be included in your investigation. It’s a good idea to weigh the benefits and drawbacks of investing in such a broad market. You can start trading after you’re satisfied with the information you’ve acquired. “Don’t put all your eggs in one basket,” as the phrase goes, and this concept applies to both digital assets and equities. Investing in digital assets has the potential to be profitable, but it also has the potential to be risky. Diversifying your holdings among numerous cryptocurrencies allows you to limit your losses if the price of one cryptocurrency falls.
Below is the list of the best resources on how to learn crypto.
Books are probably the best to read up on the basics. As the crypto space evolves fast, you’ll need to ensure that the content of the book stays relevant. These picks are the fundamentals of cryptocurrencies for you to get a better grasp on understanding blockchain and cryptocurrencies.
The Bitcoin Standard’ is a well-written and entertaining overview of the economic theory and history of Bitcoin, notably the concept of Bitcoin as ‘digital gold.’ This book is a must read for anyone considering getting into cryptocurrency.
This book explains DeFi without much jargons to any beginners wanting to get into the DeFi space. It gives analogies that anybody can understand, and guides you through sample transactions with visual references.
The book provides an in-depth analysis that might be a little challenging for beginners to grasp the concept at first. But once you’ve learned the basics, this book is a good read as it provides a lot of valuable information on covering a broad overview of the token economy and development.
This is a good read for anyone who wants to get knowledge on Bitcoin and blockchain. The writers give a thorough introduction of the industry as well as how blockchain and bitcoin function.
Here is a list of some of the best websites to learn the basics.
99Bitcoins is one of the largest sources of information for non-technical newbies on the web. Our site includes guides, reviews, tutorials and videos about everything Bitcoin and crypto related.
BlockGeeks mission is to share and grow the knowledge around Blockchain technology. A vast amount of the knowledge that would be valuable to many people is currently only available to a few — either locked in people’s heads, or only accessible to select groups.
Learn by earning crypto. Coinbase lets you earn cryptocurrencies when you answer their quizzes about cryptocurrencies and the rewards automatically goes into your Coinbase wallet.
Decrypt Media is an independent media brand covering stories from business, politics, art, culture, technology, education, and the latest news.
We are a newsroom of professional journalists, with a sophisticated perspective and desire to bring transparency and accountability to the space. We also want to provide a platform for “good actors” who are pioneering best business practices, and profile entrepreneurs and projects that seek positive social impact.
UseTheBitcoin.com is a blog about cryptocurrency industry.
The #1 YouTube channel for crypto education. Whiteboardcrypto explain topics of the cryptocurrency world using analogies, stories, and examples so you can easily understand them.
Aantonop’s YouTube channel is THE place to find free, unbiased educational videos on all things Bitcoin and open blockchain. Subscribe & join the channel to become a Community Builder!
Benjamin Cowen’s YouTube channel provides high-quality cryptocurrency education to people interested in learning more about the market’s parameters. He approach cryptocurrencies from a practical standpoint and utilize his science/engineering/programming experience to package these metrics in a way that the community can understand.
Coin Bureau is your go-to for all things crypto. While not the best for a beginner to start but Coin Bureau overloads with you information that you’ll need in order to stay relevant in this space.
Check out Lark Davis’ courses if you’re new to crypto. The channel was created to help new users onboard and learn about cryptocurrency investing so that they can diversify their portfolio, grow their wealth and make money.
After you have been equipped with basic crypto knowledge, it is always good to keep up as there are new projects daily and ecosystems to hang around the space. And these newsletter provide valuable updates for you to keep up within the crypto space.
Like what Bankless’ description says “The ultimate guide to DeFi, NFTs, Ethereum, and Bitcoin.”
Regular updates on industry news, analysis, interviews and opinions. Your go to newsletter for everything crypto.
Being the leader in cryptocurrency and DeFi, CoinDesk is the go to for news and information.