Investing in cryptocurrency can be a wise move. The value of these currencies is growing exponentially and is set to grow even more in the future. Additionally, there are a variety of cryptocurrency investment options to select from, making it possible for just about any investor to get in on the action.
At the same time, you cannot simply buy the cryptocurrency that looks best at the moment and expect to turn an immediate profit. You need to learn how cryptocurrencies work, what the pros and cons are of various investment options and which companies you can work with to ensure your investments turn out well in the end. Following are five reputable, up to date resources you can take advantage of in order to learn the ins and outs of successfully investing in cryptocurrencies.
Udemy offers over 45,000 courses taught by expert instructors. These include various cryptocurrency courses that you can sign up for at a very low price.
One particularly attractive course is Cryptocurrency Investment Course 2017: Fund your Retirement! In this course, you will learn how to become a member of top cryptocurrency exchanges, how to choose stocks for both short-term and long-term investment, the main buying strategies, and advanced cryptocurrency investment options
The course consists of a series of lectures given by well-known social media guru Suppoman and the cost is just over $160.00; however, Udemy frequently offers flash sales on some of their courses, saving you up to 90%. If you are not yet looking to spend $160.00, check the site daily for deals.
Other useful Cryptocurrency courses on Udemy include:
- Blockchain and Bitcoin Fundamentals
- The Complete Short Course on Ethereum
- Blockchain 101: The Basics
- Bitcoin-The Complete Guide
- Bitcoin and Ethereum course: a two-course bundle
— Cointelegraph (@Cointelegraph) August 8, 2017
CoinTelegraph offers a wealth of information on investing in cryptocurrencies and blockchain technology. The site consists of articles with visuals to help those who are new to cryptocurrency technology easily understand the most important aspects of cryptocurrency investments. Unlike other websites that offer formal courses, CoinTelegraph is updated on an hourly basis so you can get the very latest information and cryptocurrency prices.
What is more, you don’t need to visit the website regularly to get the latest information. You can sign up for CoinTelegraph’s e-newsletter or follow the company on the following social media channels:
Coindesk is a valuable resource because all the information on the website is based on facts and recent news and events, instead of opinions that may or may not be entirely accurate. The site also has an up to date tracker listing the spot price of several of the most common cryptocurrencies.
Coindesk’s Blockchain 101 section provides new investors with everything they need to know about investing in Bitcoin, Litecoin, and Ethereum. Sections include how mining works, how to buy coins, how to understand price charts, how to make a wallet and much more. There are sections for specific cryptocurrencies as well as sections that apply to anyone who is investing in any type of cryptocurrency.
You can sign up for Coindesk’s email newsletter to get current updates in your email. Alternatively, you can keep up with the website on the following social media channels:
CoinAcademy is an authoritative resource for anyone who wants to learn about any type of cryptocurrency. It offers four free courses for anyone who wants to learn the basics of cryptocurrencies and how these work. Courses available from this website are:
- Introduction to Digital Currencies
- Digital Currency Ownership: Before You Begin
- Bitcoin for Merchants
- Bitcoin for Everyone
The Curated Collection of tutorials is also well worth studying. These include Bitcoin tutorials for beginner and intermediate users, Dogecoin, Litecoin, NXT and Ripple tutorials for all levels. There is also a tutorial on Blockchain and FinTech as well as one about digital currencies and social activism.
It should be noted that these courses are shorter than and not as in-depth as the ones offered by Udemy. Even so, they are extremely useful for those who want to learn fundamental cryptocurrency principles or study about a particular cryptocurrency.
STEEMIT is a unique social media platform for user generated content. Users on the platform can either create, curate and/or comment on interesting content. Via their interactions with the website, users earn STEEM, STEEM Dollars or STEEM Power. STEEM and STEEM Dollars are tradeable tokens that can be exchanged on some of the same websites used for buying and selling cryptocurrencies. STEEM Power works in the same way that regular shares do and can enable you to turn a profit as a website rises in value.
While STEEMIT contains information on topics ranging from movie reviews to nutritional information, it also has an informative section on cryptocurrency. This section is updated by users all over the world and offers breaking, up to date news on many aspects of the worldwide cryptocurrency market. You can stay up to date on this news by following Crypto-related tags on the website.
It isn’t hard to sign up for STEEMIT. Simply click the Sign-Up button on the top right-hand side of the website and then choose a username and provide your email address and phone number. You will be given an initial grant of STEEM Power when you create a new account. You can also buy STEEM from websites such as Bittrex, Blocktrades.us.
Invest in Your Future with Cryptocurrency
The Cryptocurrency market is vastly different from other investment markets. If you want to learn how to successfully make money in this market, you will need to learn the fundamentals and keep up with market developments. The five resources outlined above can provide you with all the information that you need to get starting investing in cryptocurrencies.
Bitcoin and other cryptocurrency values are steadily rising every single day. While some investors are waiting until a dip to make an investment, there is no guarantee that prices will ever be as low as they are now. If you want to get in on an emerging market that has a potential to turn a high profit, get to know the cryptocurrency investment options today. There is some risk involved, but the rewards have the potential to be more than worth it.