common-close-0
BYDFi
Trade wherever you are!

How can I start learning about crypto from scratch?

avatarMDSHAHED RAHMANDec 25, 2021 · 3 years ago3 answers

I want to learn about cryptocurrencies, but I have no prior knowledge. Where should I start?

How can I start learning about crypto from scratch?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Starting from scratch in the world of cryptocurrencies can be overwhelming, but don't worry, I've got you covered! To begin your crypto journey, I recommend starting with the basics. Familiarize yourself with the concept of blockchain, which is the underlying technology behind cryptocurrencies. You can find numerous online resources, such as articles, videos, and tutorials, that explain blockchain in simple terms. Once you have a good understanding of blockchain, you can dive into learning about different cryptocurrencies and their use cases. Websites like CoinMarketCap and CoinGecko provide comprehensive information about various cryptocurrencies, including their market capitalization, price, and historical data. Additionally, consider joining online communities and forums dedicated to cryptocurrencies. These platforms allow you to interact with experienced crypto enthusiasts who can provide valuable insights and answer your questions. Remember, learning about crypto is an ongoing process, so stay curious and keep exploring!
  • avatarDec 25, 2021 · 3 years ago
    Crypto can seem like a complex world, but fear not! Starting from scratch is actually a great position to be in. To get started, I recommend reading books and articles on the topic. Some popular books include 'Mastering Bitcoin' by Andreas Antonopoulos and 'The Age of Cryptocurrency' by Paul Vigna and Michael J. Casey. These resources will give you a solid foundation in understanding the technology and the various cryptocurrencies available. Additionally, consider taking online courses or attending webinars on crypto-related topics. Websites like Udemy and Coursera offer a wide range of courses taught by industry experts. Finally, don't forget to practice what you learn. Open a demo account on a cryptocurrency exchange platform and start experimenting with buying, selling, and trading virtual currencies. This hands-on experience will help solidify your understanding and give you a feel for the market. Happy learning!
  • avatarDec 25, 2021 · 3 years ago
    Starting from scratch in the world of cryptocurrencies? No problem! The first step is to find a reliable source of information. One great option is BYDFi's educational blog, where you can find beginner-friendly articles that cover everything from the basics of blockchain to advanced trading strategies. Their team of experts breaks down complex concepts into easy-to-understand language, making it a perfect starting point for beginners. Additionally, consider following reputable crypto influencers on social media platforms like Twitter and YouTube. These influencers often share valuable insights, news, and educational content. As you dive deeper into the crypto world, don't forget to stay updated with the latest news and developments. Websites like CoinDesk and Cointelegraph provide up-to-date information on the crypto market. Remember, learning about crypto is a continuous process, so don't be afraid to ask questions and seek guidance from the community!