THE CRYPTOCURRENCY INVESTMENT BIBLE BY ALAN T IS EDUCATIONAL FOR CRYPTO NEWBIES

Image cover created using canva

One book that I find very helpful especially in connection with my crypto activities is one called "the cryptocurrency investment bible" is a book by Alan T. Norman, which categorically covers the ultimate guide about Blockchain, mining, trading, ico, Ethereum platform,el exchanges, top cryptocurrencies for investing and perfect strategies to make money. While I was new into the whole idea of what crypto is all about, I stumbled in this book that made me Understand several crypto Concept, by explaining fundamental concepts of cryptocurrency, blockchain, and related technologies, helping you grasp and understand the underlying principles to become successful or knowledgeable in the field.

The first two chapters of the book are really necessary for investor or people who want to have a general background on what crypto investments is all about. 8t prescribes the myth on the positive and negative beliefs people have concerning crypto investment. The ideas of not investing all your hard earned life savings in crypto but rather using funds that are not necessarily tied to you because of the risks involved. Having quality financial education before you venture into it, know the current state of crypto in your country or base. It also helped in Understanding security measures and how the best practices is crucial in the crypto space. These are necessary for crypto investors to note.

Source

Also, for beginners of the hive Blockchain that would love to expand their knowledge on what Blockchain entails and the activities carried out, the book has a dedicated chapter for explaining such. He explained how the Blockchain uses a combination of cryptography and a public ledger to create trust between parties while maintaining trust and also the technical issues involved.

The book "the cryptocurrency investment bible" is very rich in educational topics necessary for crypto learners, as in one of the chapters it dealt with wallets and how to secure it. Explaining the different types of wallets as cold, hot and warm. How just like we have it on the hive Blockchain, a wallet is protected by the private key and the public keys, the private key is meant for you alone and no one else, while the public keys are used to carry out transactions across the chain. The book also discussed about Bitcoin and Bitcoin activities coupled with popular exchanges and how to go about them.

In view of all that has been said, it is no doubt that this book is a great educational piece to help newbies understand the fundamentals of the cryptocurrency world, it's a space that you just don't go in with been knowledgeable about it.

This is my entry for the Initiative: February Monthly Prompt

References
Check out the book "the cryptocurrency investment bible" by Alan T.

Thanks for stopping by my blog...

Posted Using InLeo Alpha