Cryptocurrency Investing For Dummies

From Bitcoin to Solana, the safe and secure way to invest in cryptocurrencies

Cryptocurrency Investing For Dummies, the bestselling guide to getting into the exciting world of crypto, is updated for today’s cryptocurrency markets. Currencies like Bitcoin, Ethereum, Solana, and XRP are gaining popularity, and this trusted guide can help you strike while the iron is hot to profit from the explosive growth in cryptocurrency. We’ll help you understand decentralized currency, get started with leading crypto exchanges and brokers, learn techniques to buy and sell, and strategize your crypto portfolio. You’ll even dig into the details on cryptocurrency tax laws and new opportunities for investors.

• Gain the tools you need to succeed in the cryptocurrency market
• Learn about the newest cryptocurrencies on the market and how to evaluate them
• Develop a strategy for reaping outsized gains using crypto exchanges
• Understand how cryptocurrencies interact with virtual worlds

This is the perfect Dummies guide for investors who are new to the cryptocurrency market or first-time investors who want to add cryptocurrency to their portfolio. Get started on your crypto adventure.

Introduction 1

Part 1: Getting Started with Cryptocurrency Investing 5

Chapter 1: What Is a Cryptocurrency? 7

Chapter 2: Why Invest in Cryptocurrencies? 17

Chapter 3: Recognizing the Risks of Cryptocurrencies 35

Chapter 4: Looking Under the Hood: Blockchain Technology 53

Chapter 5: How Cryptocurrencies Work 67

Part 2: The Fundamentals of Investing in Cryptos 83

Chapter 6: How to Buy Cryptocurrencies 85

Chapter 7: Using Cryptocurrency Wallets 105

Chapter 8: Different Types of Cryptocurrencies 119

Chapter 9: Identifying Top Performing Cryptocurrencies 141

Chapter 10: Diversification in Cryptocurrencies 155

Chapter 11: The Role of Cryptocurrency in the Metaverse 167

Part 3: Alternatives to Cryptos 185

Chapter 12: Getting Ahead of the Crowd: Investing in ICOs 187

Chapter 13: Cryptocurrency Mining 199

Chapter 14: Investing in NFTs 209

Chapter 15: Stocks and Exchange Traded Funds with Cryptocurrency Exposure 219

Chapter 16: Cryptocurrency Futures and Options 229

Chapter 17: Dealing with the Dollar and Other Fiat Currencies 237

Part 4: Essential Crypto Strategies and Tactics 249

Chapter 18: Using Technical Analysis 251

Chapter 19: Short-Term Trading Strategies 265

Chapter 20: Long-Term Investing Strategies 279

Chapter 21: Minimizing Losses and Maximizing Gains 287

Chapter 22: Using Ichimoku and Fibonacci Techniques 297

Chapter 23: Taxes and Cryptocurrencies 305

Part 5: The Part of Tens 315

Chapter 24: Ten Considerations Before Getting Started with Cryptocurrencies 317

Chapter 25: Ten Possible Moves When Your Crypto Portfolio Is Down 323

Chapter 26: Ten Challenges and Opportunities for Crypto Investors 329

Part 6: Appendixes 335

Appendix A: Resources for Cryptocurrency Investors 337

Appendix B: Resources for Personal Portfolio Management 353

Index 359

Kiana Danial is an award-winning, internationally recognized personal investing and wealth management expert. She is a highly sought-after professional speaker, author, and executive coach. She has been featured in The Wall Street Journal, TIME magazine, CNN, Forbes, TheStreet, and numerous other publications.

Decode the mysteries of the crypto market

You’ve seen the big gains (and losses) that cryptocurrency returns for investors, but you’re not sure if you should add crypto to your portfolio. Cryptocurrency Investing For Dummies has the answers you want so you can decide when and how much to invest. Learn the basics of blockchain and how cryptos work, and then get pointers on short- and long-term investing strategies. Let For Dummies be your guide to this wild market, so you can confidently manage the ups and downs you’ll encounter.

Inside…

• Blockchain & crypto basics
• Risks and opportunities across cryptocurrency markets
• Researching the fundamentals
• Technical analysis for crypto
• Mining, ICOs, & NFT investing
• Numerical trading techniques
• Diversification & management