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Cryptocurrency Investing For Dummies
Get Free Ebook Cryptocurrency Investing For Dummies
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From the Back Cover
Identify top-performing cryptocurrencies Understand reasons to invest in cryptocurrencies Create a crypto strategy that matches your goals The guide you need to invest in cryptocurrencies There's money to be made in the cryptocurrency market, but it's important to know what you're doing. This hands-on guide gives you just what you need to make wise decisions. It explains how cryptocurrencies work, covers the rewards and the risks, explores the top 100 digital currencies, and discusses diversification. You'll determine the right platform for investing, find out how to use a cryptocurrency wallet, and see how to develop smart short-term and long-term investment strategies. With this book, you can be a part of the future economy. Inside... Bitcoin versus other cryptocurrencies Risk management strategies Types of cryptocurrency wallets Crypto ICOs, mining, futures, and options Technical analysis advice Info on cryptocurrencies and taxes
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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.
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Product details
Series: For Dummies
Paperback: 352 pages
Publisher: For Dummies; 1 edition (March 6, 2019)
Language: English
ISBN-10: 1119533031
ISBN-13: 978-1119533030
Product Dimensions:
7.2 x 0.8 x 9.1 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review:
3.0 out of 5 stars
2 customer reviews
Amazon Best Sellers Rank:
#186,226 in Books (See Top 100 in Books)
Warren Buffet has said he never invests in anything he doesn't understand. If it can't easily be explained by someone, then it is best to keep moving. That's how I feel about cryptocurrencies after reading this book - it seems like a really glossed over explanation. While the author does issue warnings about the risks involved in owning and investing in cryptocurrencies, it seemed to me that she was slanting things in favor of making investments and also touting her own firm, using this book as a vehicle to advertise herself. Based on this book, cryptocurrencies are the latest and greatest, a big advancement in currency and is the wave of the future. Perhaps, but the shortfalls and risks right now leave much to be desired before it replaces our current monetary system. If you are considering making any sort of significant investment in a cryptocurrency, my suggestion is to read more reference materials on the subject to get a better handle on how the system works and even so, realize that "investing" is really nothing more than gambling.At this time how many people do you know who actually use Bitcoin or any of the other thousands of cryptocurrencies that have been introduced since that one? I don't know of a single person who has used it for a buy/sell transaction and only one who purchased it a long time ago out of curiosity. A recent, admittedly unscientific poll I did in a hobby forum (not investment or finance related, as I was trying to gauge the "average joe") showed 30 people had never used cryptocurrency, and 1 person did acquire it for investment.This book will give you some basic information but only the very basics. As I said above, I would suggest further reading before putting your own finances on the line as this book really does not explain anything in enough depth to give the reader sufficient understanding - unless you're a real gambler and this is just another way to do it.
Typical of Dummies books (and that's a compliment), this is a cohesive collection of most everything that I needed to know about cryptocurrencies.
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