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The ultimate guide to the world of cryptocurrencies!While the cryptocurrency market is known for its volatility--and this volatility is often linked to the ever-changing regulatory environment of the industry--the entire cryptocurrency market is expected to reach a total value of $1 trillion this year. If you want to get in on the action, this book shows you how.Cryptocurrency Investing For Dummies offers trusted guidance on how to make money trading and investing in the top 200 digital currencies, no matter what the market sentiment. You'll find out how to navigate the new digital finance landscape and choose the right cryptocurrency for different situations with the help of real-world examples that show you how to maximize your cryptocurrency wallet.* Understand how the cryptocurrency market works* Find best practices for choosing the right cryptocurrency* Explore new financial opportunities* Choose the right platforms to make the best investmentsThis book explores the hot topics and market moving events affecting cryptocurrency prices and shows you how to develop the smartest investment strategies based on your unique risk tolerance.
List of contents
Introduction 1Part 1: Getting Started with Cryptocurrency Investing 5Chapter 1: What Is a Cryptocurrency? 7Chapter 2: Why Invest in Cryptocurrencies? 17Chapter 3: Recognizing the Risks of Cryptocurrencies 33Chapter 4: Looking Under the Hood: Blockchain Technology 49Chapter 5: How Cryptocurrencies Work 63Part 2: The Fundamentals of Investing In Cryptos 75Chapter 6: Cryptocurrency Exchanges and Brokers 77Chapter 7: Using Cryptocurrency Wallets 95Chapter 8: Different Types of Cryptocurrencies 109Chapter 9: Identifying Top Performing Cryptocurrencies 125Chapter 10: Diversification in Cryptocurrencies 137Part 3: Alternatives to Cryptos 149Chapter 11: Getting Ahead of the Crowd: Investing in ICOs 151Chapter 12: Cryptocurrency Mining 163Chapter 13: Stocks and Exchange Traded Funds with Cryptocurrency Exposure 173Chapter 14: Cryptocurrency Futures and Options 183Chapter 15: Dealing wsith the Dollar and Other Fiat Currencies 191Part 4: Essential Crypto Strategies and Tactics 203Chapter 16: Using Technical Analysis 205Chapter 17: Short-Term Trading Strategies 217Chapter 18: Long-Term Investing Strategies 231Chapter 19: Minimizing Losses and Maximizing Gains 239Chapter 20: Using Ichimoku and Fibonacci Techniques 249Chapter 21: Taxes and Cryptocurrencies 257Part 5: The Part of Tens 265Chapter 22: Ten Considerations Before Getting Started with Cryptocurrencies 267Chapter 23: Ten Possible Moves When Your Crypto Portfolio Is Down 273Chapter 24: Ten Challenges and Opportunities for Crypto Investors 279Part 6: Appendixes 285
About the author
Kiana Danial is the CEO of Invest Diva as well as an internationally recognized personal investing and wealth management expert. She delivers workshops and seminars to corporations, universities, and investment groups, and has been featured in Forbes and on CNN. She was named the 2018 Personal Investment Expert of the Year by Wealth & Finance International.
Summary
The ultimate guide to the world of cryptocurrencies!
While the cryptocurrency market is known for its volatility--and this volatility is often linked to the ever-changing regulatory environment of the industry--the entire cryptocurrency market is expected to reach a total value of $1 trillion this year. If you want to get in on the action, this book shows you how.
Cryptocurrency Investing For Dummies offers trusted guidance on how to make money trading and investing in the top 200 digital currencies, no matter what the market sentiment. You'll find out how to navigate the new digital finance landscape and choose the right cryptocurrency for different situations with the help of real-world examples that show you how to maximize your cryptocurrency wallet.
* Understand how the cryptocurrency market works
* Find best practices for choosing the right cryptocurrency
* Explore new financial opportunities
* Choose the right platforms to make the best investments
This book explores the hot topics and market moving events affecting cryptocurrency prices and shows you how to develop the smartest investment strategies based on your unique risk tolerance.
