The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies

by Ryan Derousseau

Maximize your money while avoiding the potential pitfalls of investing in cryptocurrency—this handy guide shows you how to get in from the bottom up in this hot new market. Cryptocurrency—a digital asset that uses cryptography to secure all of its transactions, making it nearly impossible to counterfeit—is moving into the mainstream, receiving coverage from major financial websites such as Forbes and Bloomberg, as well as increased attention from serious financial institutions, and experiencing wider availability in trusted markets, such as the world’s largest futures exchange, Chicago Mercantile Exchange. As the price of Bitcoin and other cryptocurrencies continue to fluctuate and and news stories of cryptocurrency hackers increase, investors have to be more conscious of the huge opportunities and large risks in this market. Understanding these risks and rewards of cryptocurrency is vital for everyone wanting to make money on this exciting new form of investing. The Everything Guide to Investing in Cryptocurrency is an authoritative and comprehensive guide to help you safely jump into the lucrative world of e-commerce. You’ll —The different major cryptocurrencies, including Bitcoin, litecoin, and ethereum —Where to buy and sell cryptocurrencies safely and securely —Setting up and managing your cryptocurrency wallet —Properly analyzing their investments Leap into cryptocurrencies with a full understanding of what you’re investing in. With the help of The Everything Guide to Investing in Cryptocurrencies, you’ll maximize your gains and minimize your risks in this radical new frontier.

Genres: Finance

290 pages, Kindle Edition

Published March 5, 2019

Reviews

[Michael Southall · Rating 2 out of 5]

If you know nothing about cyptocurrency this is book is probably for you. I admired the statistics Derousseau gave (like >80% of ICO are complete scams) and repetitive cautions that he gave when investing in this highly volatile, speculative market. Also, he does mention the current main players in the crypto market so this book focuses on breath rather than depth. Perhaps my rating is a bit harsh as he achieves the goal of covering a relatively wide range of cryptos in a pretty short, easy to read book.

I read Don and Alex Tapscott's 'Blockchain Revolution' more than a year ago and wanted to look for a book which explains the underlying technology involved in different cryptos.

I can't remember why I didn't really enjoy Tapscott's book even though it goes through concepts like proof of work, proof of stake in an in depth manner unlike this one.

So, my search for another blockchain book continues.

[Matthew · Rating 5 out of 5]

If you're interested in investing in cryptocurrency, make sure you check the legality in your country or state! Don't rely on this book - the laws are changing too quickly to trust any printed text. Overall the book is an excellent resource, but I found it amusing that it was published in 2019 and already certain things are out of date.

The author advocates buying for the long term, and repeatedly cautions about the dangers of short-term trading and day trading. That's appropriate advice for a total beginner, but if you're experienced and understand the risks then you might want a book that goes into more depth about those strategies. I feel like I've just learned the basics, and there is so much more to learn.

[Daniel · Rating 3 out of 5]

In my reviews I am always worried that people will read my review and think did he read the same book as I did. I am worried that I will not remember the book correctly.
I thought this book was Ok. I liked the glossary and resources sections at the end of the book. By reading this book I learned a lot more about cyptocurrency than I knew before I read this book. I thought cryptocurrency began and ended with bitcoin. That is sure not true. The reason I got the book to read was because I read a headline from a news article that said something like Bitcoin takes a lot of energy to mine. I don't think I will be mining bitcoin anytime soon or ever.
It thought this book was worth the read. What else do I want to say about the book? Nothing.

[Hugo Fostin Hokianto · Rating 5 out of 5]

In short, the author has done a good job in explaining what is cryptocurrency is all about, and the guide and insights on how to investing in Cryptocurrency. Some of the key takeaways are very useful, especially for new investors in general or investors interested into cryptocurrency investing. The whole content of this book consists of the basic understanding of Cryptocurrency, the explanation about some of the well known coins, the guide for investors and the prospects about the future. I highly recommend reading this book first before venturing on cryptocurrency investing.

Underrated book for such a great book to read.

[Fer Rodriguez · Rating 5 out of 5]

Amazing book covering not only specifics about many cryoptos, blockchain, etc but also very holistic covering portfolio theories, taxes, and literally as the title sugests, everything you need to know a/o keep in mind.

[Yeying · Rating 4 out of 5]

good starter for anyone interested in crypto investing!

[Marya Atassi · Rating 4 out of 5]

Finally, I was able to comprehend what block chain and cryptocurrency are. And helped me to make my mind about whether or not I should invest buying cryptocurrency. Very well written

[Nguyen Le · Rating 3 out of 5]

A few interesting thoughts in there, but overall no real insights into how to invest better in crypto space. No recommendation of tool, method to better analyze a coin, no practical example