6 Best Resources to Learn about Cryptocurrencies

Though cryptocurrency may seem like alien territory to many, it isn’t very different from many other mediums of exchange or investment opportunities in that it requires basic research before one can become proficient at it. Some newcomers may feel intimidated by the prospect of learning about crypto, and that’s understandable given its longtime reputation as a niche for the moneyed class and tech elites. But nowadays, concepts like cryptographic technology, blockchain mining, and decentralized finance are no longer exclusively the domain of individuals who conform to the “tech bro” stereotype. Anyone can read up on these ideas with relative ease. 

The question is, if you wanted to learn more about the issues that drive the world’s top cryptocurrencies, where exactly should you start? Below is a list of the most popular and helpful types of resources for crypto beginners. Use any of the options listed here to learn the ins and outs of both popular coins and emergent coins like Monero (XMR), and find out how to expand your crypto toolkit with the best Monero wallet.

Mainstream News

Perhaps the most important source of information that you can draw from is mainstream news. Cryptocurrency market trends evolve very quickly, and issues like widespread crypto adoption or crypto regulation in certain territories should be of concern to traders. 

Anyone who wants to take crypto trading seriously must have access to real-time news from the world’s most credible financial and technology reporters. Otherwise, the decisions they’ll make about their crypto holdings could be based on obsolete or irrelevant information. 

For you to truly succeed as a crypto trader, you must make it a habit to subscribe to local and global news about the cryptocurrency coins you’ve invested in. It will be easier for you to stay up to date if you download news apps, sign up for newsletters where you can get crypto-related news, and enable push notifications on your phone whenever cryptocurrency is trending on a social media platform that you use. 

Crypto Education Platforms

For specialized knowledge and in-depth discussions about crypto-related concepts, you can turn to crypto education platforms on the Web. Some examples that you can check out are Coinbase Learn, Coindesk, and Cointelegraph. 

These websites often double as news sources on crypto, so if you want quick facts on crypto prices, market capitalization, and percentage changes, they’re great to have on your Bookmarks list. Moreover, it’s on these websites that you can find free, expertly curated knowledge that will prove relevant to your trading journey regardless of which coin you’ve invested in and how far along you are in your crypto education. Check these sites as often as you check the news, and bookmark the web pages that you know you’ll need to revisit. 

Crypto Books

Another way that you can initiate a “deep dive” into the world of cryptocurrency is through reading crypto-related books. You’ll be able to read up on valuable insight from the world’s most respected tech and finance personalities if you scour your local bookstore for crypto-related titles. Alternatively, you can search online for crypto eBooks from trustworthy and highly rated authors. 

For sure, you’ll be able to learn a lot about cryptocurrency from ordinary web resources. However, it will enrich you in a different way to sit down with a book or eBook and absorb the concepts from page to page. Don’t exclude books from your list of crypto reading materials, and make sure you have at least a few titles stored on your bookshelf or in your e-reader. 

Crypto Blogs and Crypto Video Content

There’s also the option for you to peruse crypto content that’s less formal and more laid-back in nature, like crypto blog entries or crypto video essays on social media. While the info you get from a crypto blogger or crypto video personality may be highly subjective, this content may be more relatable to you on a personal level. Consuming it may help you envision your crypto journey in terms of concrete milestones, as illustrated by another trader with a similar profile to yours. 

Supplement your readings from mainstream crypto platforms with content from individual crypto creators or crypto organizations. Note down helpful information like beginner’s tips on storing crypto or mining for virtual coins. But remember to take any individual’s beliefs with a grain of salt and try to broaden your horizon to include as many perspectives as possible.   

Crypto Forums

Many people tend to look at cryptocurrency trading as if it’s a solitary and competitive endeavor. But on the contrary, there’s a thriving crypto community full of people who want to see each other succeed in an innovative new field. You’ll be able to find your tribe, so to speak, in one of the many crypto forums on the web. 

The great thing about crypto forums is that you don’t have to be shy about asking questions about the market, mining, and evolving crypto technologies in your posts. Your fellow traders will be more than happy to answer you and involve you in good-faith discussions about what you can do with your crypto assets. 

Your Own Dedicated Crypto Mentor

Lastly, it may also be an option to learn and get guidance from a cryptocurrency mentor, or someone who knows more than you do about the subject matter at hand. If you can find a friend or someone in your professional network who is an expert about all things in the blockchain, you might be more confident to delve into it. 

If one-to-one mentorship isn’t possible, you can join an online class taught by a crypto mentor. You’ll be able to distinguish a good mentor from a snake oil salesman by the former’s ability to exhibit balanced views on the market, their advocacy for thorough research, and their cool-headed approach to decision-making. 

Final Words

Now that there’s a wealth of exhaustive information out there, there’s no better time than now to delve into cryptocurrency. Take advantage of any opportunity to learn about crypto, and use your newly acquired knowledge about the virtual currency to meet your financial goals.