All about cryptocurrency
As books on cryptocurrencies are a relatively new category, the prices can vary quite a lot, depending on if you wish to purchase a new or a used version. Usually, the prices also depend on which retailer you buy them from, and for crypto books, Amazon is your best bet https://best-aucasinosites.com/. Price points range between $15 – $30 for a new hardcover version, while kindle and audiobooks often come cheaper.
The fourth book on this list is “The Truth About Crypto“—a new piece by #1 New York Times bestselling author of several finance books Ric Edelman. He is a writer and hosts his radio talk show, The Ric Edelman Show. His latest book covers all topics from Bitcoin to Blockchain, NFTs, and other digital assets in one with easy-to-read explanations.
As a beginner, you probably want to choose a trading strategy that involves medium to long-term trading and investing. This will typically require more time to research and analyze your trades before committing.
All about cryptocurrency for beginners
Investing in cryptocurrency offers the potential for high returns on investment. It is a rapidly growing market with opportunities for profit, especially due to its high liquidity and ease of trading.
Trading one cryptocurrency for another is known as converting crypto, and can often be done instantaneously and without fees. If you can predict where the price of a digital asset will go, you can make big profits this way. Say you’ve converted your Bitcoin into Ethereum — if Bitcoin drops or Ethereum rises, you can increase your BTC holdings without paying a cent.
Investing in cryptocurrency offers the potential for high returns on investment. It is a rapidly growing market with opportunities for profit, especially due to its high liquidity and ease of trading.
Trading one cryptocurrency for another is known as converting crypto, and can often be done instantaneously and without fees. If you can predict where the price of a digital asset will go, you can make big profits this way. Say you’ve converted your Bitcoin into Ethereum — if Bitcoin drops or Ethereum rises, you can increase your BTC holdings without paying a cent.
All about cryptocurrency trading
Unlike short-term trading, where you need to constantly spend time checking the prices of cryptocurrencies, you can do it in your spare time. It’s simple, once you have bought your coin, you don’t need to do anything other than wait!
If the price surpasses these barriers in either direction, it indicates the market’s overall sentiment. This is an ongoing process, as new support and resistance levels tend to form when a trend breaks through.
Though crypto was initially unregulated, the IRS has now announced the taxation of digital assets, including major currencies like Bitcoin (BTC) and Ethereum (ETH), among other top cryptocurrencies. The IRS now treats crypto as a regular asset, like property, stocks, bonds, or commodities such as gold. Similarly, cryptocurrency gains are taxed at different rates – either as income or capital gains.