There are many reasons to want to learn more cryptocurrencies. Maybe you want to give investing a try, to see if you can make money on Bitcoin or another digital currency. Or maybe you realize that crypto is going to play a big role in the future of money and you want to stay up to date with the latest developments. This is a useful topic to know whoever you are as cryptocurrencies have gotten more and more important in the global scheme of things. In El Salvador, for example, Bitcoin is the national currency, and in many large cities, you can see it Bitcoin ATMs on the street.
It does not matter if you know nothing about cryptocurrencies, there are numerous resources available to learn the ins and outs of this comparatively new phenomenon. To help you educate yourself, here are five ways to learn more about cryptocurrencies.
ask a friend
We all know at least one person who is obsessed with cryptocurrencies. They’ve possibly dabbled in investing in a few different cryptocurrencies, and that is all they can discuss. If you want to learn more about this topic, these people are invaluable friends to have. They will certainly be happy to talk to you on the subject and share with you the secrets of their success (or failure). They will be capable to offer you some of the best tips to follow in addition to mistakes to avoid when starting your own cryptocurrency journey.
The best way to gain knowledge is to learn from an expert. There are many courses available that cover just about all aspects of cryptocurrency. Find out if you want a summary of the subject, or a deeper understanding of a particular currency and investment strategy, and perform some research to find the course for you. There is online workshop if you’re happy to study from home, otherwise you can enroll in extended face-to-face courses with diverse academic establishments.
There is plenty of literature out there on the subject of cryptocurrencies, so it is worth doing a little research and reading some reviews to find the best books to read to enrich your knowledge. Some of the most popular books include The Bitcoin Standard, The Sovereign Individual, and Blockchain Bubble or Revolution: The Present and Future of Blockchain and Cryptocurrency. For further inspiration, here’s a fantastic list of a few most popular cryptocurrency book available.
Watch online tutorials
If you are more of a visible learner, you will likely benefit more from online video tutorials than from books. Type your crypto-related search query into YouTube and you will find tons of hands-on video guides, many of which feature diagrams and animations that help turn complex ideas into a format anyone can understand.
There’s only so much research you can do before getting started in the cryptocurrency world, and maybe the ebay way to learn is to just get started. If you are investing, it’s best to start small and increase as your knowledge grows. As with any investment, your capital is in danger, so watch out!