Investing in Cryptocurrency For Dummies

Unlock the mysteries of cryptocurrency investing

Investing In Cryptocurrency For Dummies gives you detailed information and the expert advice you need to successfully add cryptocurrency to your investment portfolio. If you’re interested in making money in the unregulated cryptocurrency markets, this is the guide for you. You’ll learn how to buy and sell digital currencies, profiting from price fluctuations regardless of the market environment. You’ll also gain the knowledge you need to make smart long-term investments in crypto. Real-world examples show you how to maximize your profit potential and avoid common pitfalls.

• Figure out what cryptocurrency is and learn the ins and outs of the crypto market
• Learn how to buy and sell digital currencies
• Understand cryptocurrency wallets and why you need one
• Make smart trades for the long and medium term
• Incorporate cryptocurrency into a broader strategy for a diversified portfolio

Investing In Cryptocurrency For Dummies is a great resource, whether you’re a curious newbie who has countless crypto questions or an experienced investor who wants to expand their crypto strategy.

Introduction 1

Part 1: Getting Started with Cryptocurrencies 5

Chapter 1: Introducing the World of Cryptocurrencies 7

Chapter 2: Checking Out the Benefits of Cryptocurrency Investing 19

Chapter 3: Knowing the Risks of Cryptocurrencies 37

Chapter 4: Looking at Blockchain Technology 57

Chapter 5: Understanding How Cryptocurrencies Work 73

Part 2: Crypto-Investing Fundamentals 89

Chapter 6: Buying Cryptocurrencies 91

Chapter 7: Putting Cryptocurrency Wallets to Use 115

Chapter 8: Surveying Different Types of Cryptocurrencies 131

Chapter 9: Identifying Top Cryptocurrencies 155

Chapter 10: Using Diversification in Cryptocurrencies 171

Part 3: Essential Cryptocurrency Strategies and Tactics 183

Chapter 11: Short-Term Crypto-Trading Strategies 185

Chapter 12: Long-Term Crypto-Investing Strategies 199

Chapter 13: Minimizing Your Losses and Maximizing Your Gains 209

Chapter 14: Cryptocurrencies and Taxes 219

Part 4: The Part of Tens 229

Chapter 15: Ten Considerations Before Getting Started with Cryptos 231

Chapter 16: Ten Potential Moves When Your Crypto Portfolio Is Down 237

Index 243

KIANA DANIAL is an award-winning, internationally recognized personal investing and wealth management expert. She delivers workshops and seminars to corporations, universities, and entrepreneurial groups.

KEEP YOUR COOL WHEN INVESTING IN CRYPTO

If you’re thinking about investing in cryptocurrency, you’re in good company. Millions of people add cryptocurrency to their portfolios every year, and most need expert guidance to navigate this digital finance landscape. Investing in Cryptocurrency For Dummies explains how cryptocurrency fits in a balanced portfolio and provides real-world examples that show you how to maximize your cryptocurrency holdings.

DISCOVER

• The right cryptocurrency for your portfolio
• How to balance risks and rewards
• Short- and long-term investment strategies
• The many exchanges selling cryptocurrency