If you’re just beginning to get involved in the wild and exciting world of cryptocurrency, one of your biggest questions might be about where to find information.
Cryptocurrency trading requires a significant amount of research. Most beginners have to spend some time trying to understand what these digital assets are, and what the market context looks like.
Crypto can be complex, too. Some traditional investment advice applies, but since cryptocurrency is a new kind of market, there are also other kinds of new learning that traders have to do to really be competent in cryptocurrency trading.
With that in mind, here are some of the best places to look for all of the information you need for a successful cryptocurrency trading plan – that includes market information, conceptual information about coins and tokens, and tax information as well, because the IRS will want to know what you made in dollars. With the right foundation, you can make cryptocurrency part of your wheelhouse. First we explore the top sources for education:
As a cryptocurrency exchange, Binance is really in a league of its own. As other exchanges have struggled to enter markets, Binance, with its own Binance Coin (BNB), has accrued a pretty good reputation under the leadership of Changpeng Zhao.
For cryptocurrency learners, Binance actually operates the Binance Academy platform as a comprehensive crypto education resource for those who wish to know more about coins and context. There’s margin training guidance, wallet tips and a lot more to broaden the investor’s knowledge of crypto trading.
The NewsCrypto platform was a bit of a sleeper on our list of top cryptocurrency information sources, but its unique contribution to the crypto space deserves some attention. This platform offers a wide range of learning tools that cover a lot of the ground in both the investment and fintech categories of BTC or crypto research.
With NewsCrypto’s Community Predictions, you’ll be able to stay on top of the latest trends.
For instance, users can check out resources for learning about charts and watch lists, as well as a dedicated altcoin resource for tracking various lesser-known cryptocurrencies. A ‘Coin Calendar’ shows the chronology of market activity for various coins, and beginners can sit in on 101 classes to get up to speed on how digital currencies work. They can also learn about metrics like hash rate and all-time highs. At the end of all of this, you’ll be quite knowledgeable about this part of the fintech market.
In addition to all of the learning and community resources on its site, NewsCrypto also launched its own coin, (NWC) that acts as a vehicle for funding various aspects of this knowledge sharing.
When you want to get information straight from the horse’s mouth, Reddit is an interesting source. You’ll see individual cryptocurrency traders sharing their opinions, sometimes in colorful and passionate ways. There’s no filter on Reddit, and sometimes that’s what you want.
Subreddits like r/Cryptocurrency are useful to gain unique perspectives
The great thing about Reddit, is the ability for users to find super-niche information within the wide world of crypto. Check out some of these subreddits like this one dedicated to Bitcoin, or this one to connect with other beginners in the crypto space. You’ve even got this one with 226k members dedicated exclusively to the Ethereum market!
And now let’s take a look at some of the best sources for news in the crypto-space:
As a top digital publication for cryptocurrency reporting, Cointelegraph contributes to that knowledge about markets and market events that you’ll use to plan your strategy. William Suberg, Helen Partz, Marie Huillet and the rest of the pro team at Cointelegraph bring us many of the newest bits of information that factor into Bitcoin markets and all sorts of other kinds of cryptocurrency projects.
The Coindesk online publication has its own battery of cryptocurrency reporters, including Omkar Godbole who analyzes Bitcoin movements with precision. This is another broad-spectrum site where you can see at a glance what kinds of government and business projects are contributing to greater institutional buy-in for Bitcoin and other cryptocurrencies.
Youtubers like Ivan on Tech provide daily news and tips for crypto traders
As a visual medium, YouTube is extremely useful for getting news clips and videos that will show you what’s happening with cryptocurrencies. On the 101 side, you can see infographics explained to visualize how consensus models and proof of stake systems work. On the market side, you can see professionals talking about their own strategies and more.
Here’s one more journalistic source where Yaz Sheikh and others expound on up-to-date happenings in the cryptocurrency market. You’ll see input from characters like Mati Greenspan of eToro fame, Anthony Pompliano, and John McAfee that, again, help to reveal more about the landscape of cryptocurrency and help you to get involved from a more informed vantage point.
Take a look and plan your crypto approach accordingly.
The post Looking At The Most Important Sources For Crypto Info In 2020 appeared first on NullTX.
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