4 Ways to Enhance Your Knowledge of the Crypto Industry

2022-6-9 16:11

After a turbulent couple of years which have seen a global pandemic and geopolitical tensions disrupt financial markets, the cryptocurrency sector has experienced some severe shocks of late. But despite a disappointing start to 2022, several experts with intimate knowledge of the industry have predicted that Bitcoin – often seen as the gold standard for all cryptocurrencies – could surpass $100,000 in value in the near future.

Of course, such sums are hugely attractive to prospective investors, who could triple or quadruple their money in a matter of weeks if they invest wisely and events fall their way. But knowing exactly when and how to take the plunge is a difficult business, especially for those who have little to no prior understanding of the sector. If you’re interested in expanding your understanding of how crypto works, these four ways could stand you in good stead.

Read, read and read some more!

The first and perhaps most effective way to learn more about how cryptocurrencies work is to put in the hard yards at your local library. There is a plethora of publications which deal exclusively with the subject, making it seem somewhat overwhelming to know where to begin for some people! If that sounds familiar, check out this list of the best crypto books to get you started. The internet is another vast source of information, though just be mindful that not all sites and sources as reputable nor reliable as others.

Join forums

Of course, it’s one thing doing your own due diligence on the provenance and working processes of cryptocurrencies, but even the most rigorous research is likely to leave you with some questions. That’s where internet forums come into their own. Social media is an excellent resource for finding a community of like-minded individuals who share your interest in crypto and likely have much more experience in the sector than you, so rely on them to answer your questions and allay your concerns as best they can.

Follow the experts

Aside from reaching out to your fellow crypto fans, there are also those who have made a career out of understanding and explaining the industry to people less well-versed in how it works. As well as helping you to understand the finer points of blockchain ledgers and deciphering the terminology associated with cryptocurrency, these individuals can even point you in the right direction when it comes to making investments. There are plenty of videos and podcasts dedicated to theme if the written word isn’t your preferred learning medium of choice, too.

Keep up to date with the news

Lastly, it’s important to remember that the cryptocurrency sector is an ever-evolving beast, with real-world events having a direct bearing on currency values on an almost daily basis. As such, it pays to stay up to speed with all of the latest developments and deals involving cryptocurrencies so that you’re best placed to strike while the iron is hot. From celebrity endorsements to government adoptions, geopolitical events are the final piece of the puzzle in a successful crypto investment portfolio.

Do you struggle to separate your blockchain from your Bitcoin? Follow these four tips and you’ll soon expand your knowledge of the cryptocurrency sector in no time, putting you in poll position to take advantage of its variable market conditions to take home a tidy profit.

Featured image source

The post 4 Ways to Enhance Your Knowledge of the Crypto Industry appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Knowledge (KNW) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 KNW

knowledge industry ways crypto seen your enhance

knowledge industry → Результатов: 106


House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill

The trillion-dollar infrastructure bill has moved to the House to pass, and after fighting and losing in the Senate, another big fight is at the crypto industry’s door. Citing sources with the knowledge of the plans, Politico reported that Richard Neal, chairman of the House Ways and Means Committee, is the one preparing to add […] The post House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill first appeared on BitcoinExchangeGuide.

2021-9-14 16:49


Фото:

BlockConf Digital reshapes the conference experience with its unique virtual networking platform

FAS | Fintech Advisory Services and STO Managers are bringing blockchain conferences to the new level with their 48 hours non-stop BlockConf Digital. Influencers, industry experts, researchers, and blockchain enthusiasts from all over the world will gather in one digital venue to exchange knowledge, ideas, and drive the technology adoption further.

2020-5-13 13:28


BlockConf Digital reshapes the conference experience with its unique virtual networking platform

FAS | Fintech Advisory Services and STO Managers are bringing blockchain conferences to the new level with their 48 hours non-stop BlockConf Digital. Influencers, industry experts, researchers, and blockchain enthusiasts from all over the world will gather in one digital venue to exchange knowledge, ideas, and drive the technology adoption further. The virtual conference hall […]

2020-4-15 17:46


Фото:

Cryptocurrency firm slapped with cease-and-desist after impersonating registered financial adviser

Missouri-based cryptocurrency company Mavixbtc Limited has been handed a cease-and-desist order for allegedly misleading investors. The company, based in St. Louis, misled the public through its website, which falsely claimed to be registered with the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation.

2019-10-3 16:30


Bary Silbert Looks at Facebook’s Crypto Coin as the Catalyst to Propel Digital Assets to Mass Adoption

Facebook’s GlobalCoin project, known as Project Libra is all set to reveal its cryptocurrency next week but it is still a long way to go until it can be used. Sources having knowledge of Facebook’s operations attributed the delay to blockchain industry incumbents being reluctant to work on a project that doesn’t have the hallmarks […]

2019-6-16 00:47


Фото:

Coinbase Users Can Now Earn DAI by Learning About the Stablecoin

United States-based cryptocurrency exchange, Coinbase, has announced that its customers can earn DAI tokens if they watch lessons and take quizzes about the stablecoin and its features. Coinbase is aiming to boost global cryptocurrency knowledge by becoming a trusted source where people can educate themselves about the latest developments in the industry.

2019-6-11 13:59


New “Crypto Dictionary” Called Decryptionary Helps Investors with Cryptocurrency Terms and Definitions

As the cryptocurrency industry expands, more investors are getting interested, some of which are potential investors with no knowledge of the industry whatsoever. To help with orientation on the industry should they want to venture into it, a new dictionary of crypto terms known as Decryptionary has been introduced. This is a simple dictionary that […]

2019-5-11 21:28


Singapore’s Blockchain Accelerator Tribe Partners With BMW Group Asia, Intel and Nielsen

Tribe- a blockchain accelerator backed by the Government of Singapore is now in partnership with BMW Group Asia, Intel, and Nielsen. According to Tribe Accelerator, the aim of the partnership with the three conglomerates is to share more knowledge and variable skills in the different field-set on Tribe to create an “inclusive” ecosystem for industry […]

2019-3-25 23:34


Ontology to Attend TOKEN 2049 During Asia Crypto Week, The Top Cryptocurrency Events Happening in The First Half Of 2019

Asia Crypto Week is a week of various independently organized educational and developer-focused events that aim to nurture mass adoption by providing first-hand information about the industry. Blockchain enthusiasts and industry veterans will come to Hong Kong to share their knowledge and stories during Asia Crypto Week, providing exceptional insights into the ever-larger growing ecosystem.

2019-3-12 21:14


NeuralTrade Network ICO

Most people are desperately seeking financial freedom in their life. Sadly financial freedom remains a dream to them or an elusive theory that forever escapes them. The biggest problem around financial freedom is some magic formula or some secret success model that they believe exists, they spend an endless amount of time, effort and even resources in obtaining this magic formula or the secret success model.

2019-2-15 22:51