Publisher's Synopsis
Are you trying to figure out the best way to get started in cryptocurrency? Do you want to learn more about the new currencies?
This book is your answer
Cryptocurrency has been with us since when Bitcoin was introduced in the year 2009. However, it is of late that cryptocurrency has persistently hit financial market headlines bringing in new owners, investors and traders. The avalanche of new entrants has even clogged some trading platforms resulting in delays and temporary closures. This is due to processing of the overwhelming backlog of applicants who want to join their trading platforms.
Some people have never heard of cryptocurrency. However, there are many who have heard of cryptocurrency but have not found an appropriate source of information that sufficiently addresses their need to be informed and thus be enabled to participate in this digital currency revolution. The purpose of this book is to introduce you to the world of cryptocurrency by providing you with crucial information that can help you make the right decision.
This book introduces you to the basics of the technology behind cryptocurrency. This is so that you can understand why it differs from other currencies and why it is attracting such a heavy magnitude of attention.
While most people know Bitcoin and sometimes treat it as synonymous with cryptocurrency, this book introduces you to other popular cryptocurrencies and upcoming cryptocurrencies. This is so that should you decide to enter the cryptocurrency market you are able to get a choice that fits your budget, location, and means of buying it.
Being a currency, cryptocurrency is traded just as any other currency is traded in the forex market. The exception is that cryptocurrencies have a unique trading platform. In this book, you will learn some of the best cryptocurrency trading platforms that you can join.
Every successful trader knows the importance of a trading plan. Most financial securities and money markets share basic concepts when it comes to trading plans. This is the same case with cryptocurrencies. However, due to the unique nature of cryptocurrency, there are certain additional concepts that you need to consider in your trading plan. This book guides you through the process of creating an effective, efficient and productive trading plan so that you too can become successful should you decide to become a cryptocurrency trader.
Lastly, every investor always desires to understand the future of his/her investment options. This book provides information that greatly aids you in finding the most appropriate future perspective of cryptocurrency so that you can make an informed decision on whether you want to make a short-term or long-term investment in cryptocurrencies.
