With the world of crypto now up and running at a rapid pace, it can be easy to feel like you’ve missed the boat. Now that Reuters mentioned some crypto coins are hitting an all-time high, many potential investors are looking to get their foot in the door. Never fear, for there are still ways to catch up. One is simply by diving in, keeping trading conservative, and learning on the fly. But there are also specific ways to get more information quickly. Let’s discuss four ideas for how to learn about crypto.
Listen to Podcasts
This is a great way for people who learn by listening to others. Just throw on a podcast to listen to in the background while doing your household chores. Finding the right podcast, however, can be overwhelming. AskMoney posted a list of some of the best crypto podcasts out there just a short time ago, and included a few suggestions that can be quite useful to beginners. For instance, “The Blockchain Show” specifically aims to contribute to the “demystification of cryptocurrencies” for listeners, which is great for those who are truly new to crypto or for those who’ve tried before and got even more confused.
Take a course
That’s right ¬– there are virtual courses available that teach you how cryptocurrency works and lay the groundwork for you to begin investing when you’re ready. Forbes offers a list of courses to get you started. Some of the courses are free while others have a cost, and some of them even offer a certificate of completion!
Crack open a book
There are books about cryptocurrency itself, but there’s also a plethora of books that talk about the theory behind the coins. They talk about blockchain, decentralized exchanges, and other major crypto topics to help you understand why cryptocurrency has exploded so quickly. Medium shares this quick list of nine different pieces of reading material for your perusal, but there are plenty more on the market. Check the reviews on a book before you buy it, though. (That’s just good book buying etiquette!)
Ask a friend
Don’t be afraid to ask a friend to help you out and explain things from the beginning. If you have a cryptohead in your friend circle, they’ll be more than happy to show you the ins and outs of analyzing, investing, and getting the best out of cryptocurrency. If they’re a true friend, they’ll want you to have the same success they do. The great thing about investing in crypto is that no one has to step on others in order to win.
One last note
Given the nature of the crypto market, you’re bound to find unscrupulous people and self-proclaimed “gurus” who want to sell you their book, podcast, course, or other thing that’ll magically get you making millions overnight. Be wary of those, and check out reviews or feedback before buying anything. The cryptocurrency market can be tough, but it can also be extremely rewarding. Once you’ve gained a proper understanding of the basics, you’ll be more than ready to dig into our coverage here at Crypto Economy and start analyzing this thrilling and lucrative market.