How do I educate myself on bitcoin for investing?

[Erowind]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

[1714982869]

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[1714982869]

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[1714982869]

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[Sweeet]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

If you want to make a profit, investing isn't really the best place to do that, I would only invest in the bitcoin prices itself or an altcoin investment. On sites like poloniex you can buy altcoins with bitcoin and you can look into the history of that altcoin and try investing your money in a certain altcoin and waiting for the price to go up.

Another thing I would recommend is margin trading, pretty much the same thing as buying altcoin/bitcoin low and selling it for high, but more profitable. Kraken and poloniex and many more sites have it as a service.

I'd recommend this program if you want to have some AFK money making: Good luck

[Erowind]

I will definitely look into to some margin trading, thanks for the heads up on Gunbot as well.

I should have specified a bit more, where do I go to learn more about a buy and hold strategy. Bitcoin has gone up a lot in the past few years and I want to educate myself so that I can profit from this massive growth. For context the only investing I've done thus far is a mutual fund that brings me a pretty nice 7-8% every year. 

[Sweeet]

I will definitely look into to some margin trading, thanks for the heads up on Gunbot as well.

I should have specified a bit more, where do I go to learn more about a buy and hold strategy. Bitcoin has gone up a lot in the past few years and I want to educate myself so that I can profit from this massive growth. For context the only investing I've done thus far is a mutual fund that brings me a pretty nice 7-8% every year. 

I have 2 bitcoins held in a margin trade for my parents with a x3 leverage going long, meaning that every dollar bitcoin goes up I'll get 6 $, I have it set to close the margin trade at 2984$ which if it does reach that it will have profited 12,000$ or so + the capital gain from the 2 bitcoin. Margin trading can be bad though especially if your impatient, I would recommend gunbot if you just want to leave it on your computer while your AFK. It can make around 1-4% per week depending on your luck and the altcoin spread.

[Idrisu]

I like your understanding on how things work op. In life if you want to be an engineer, you have to learn how engineering works, if you want to be a carpenter you have to developed your skill on how carpentry works. Since you want to learn first I think you are on the right part. Trading is a thing of the mind and the only way you can succeed in it is through your skills and how it works like football and others skills. For your fundamental analysis you can use reddit.com/r/bitcoin and for technical analysis there are there on most of the exchangers sites. Lastly, you will need to develop your skills through demo- you can use samplefx and download metatrade software and open a demo account. Goodluck.

[European Central Bank]

https://www.youtube.com/playlist?list=PLzctEq7iZD-7-DgJM604zsndMapn9ff6q

this is one of the best series about bitcoin. the guy who did them seems to have given up a little but they're still out there.

other than that there's so much out there that it's hard to know. for a general background to bitcoin, even though it's pretty out of date now, digital gold by nathaniel popper offers some great insight into the early days and players.

[amacar2]

There are not many places where you can invest bitcoin and earn bitcoin passively. If you like to do active trading than you can try day trading (buy at low and sell after few $ rise daily) or you can play with altcoin for profit.

Few other passive ways is investing in bankroll of trusted gambling websites or lending your bitcoin for margin trading in poloniex like exchange platforms.

[Mr.grin]

perhaps by seeking in-depth information about bitcoin, and trading. besides, the activities directly required to do, because most accurate information, can be obtained from the experience. Well, besides that, you can also find information about bitcoin, and altcoin in this forum, that you need is perseverance.

[target]

There are not many places where you can invest bitcoin and earn bitcoin passively. If you like to do active trading than you can try day trading (buy at low and sell after few $ rise daily) or you can play with altcoin for profit.

Few other passive ways is investing in bankroll of trusted gambling websites or lending your bitcoin for margin trading in poloniex like exchange platforms.

Investing on Altcoin still is considered investing to bitcoin I guess. Investing to ICO is actually the better that I could recommend because their price isn't as high as developed coins already and the bonuses are already considered profit right after its released you already have earned if you dump the coins but that would be something to think twice.
However earning profit through ICO takes time while trading on BTC/USD can be done in just a day.

The forum is full of information already about this, you just gotta pick the the right ones in the right section.

[ikydesu]

-snip-

I should have specified a bit more, where do I go to learn more about a buy and hold strategy. Bitcoin has gone up a lot in the past few years and I want to educate myself so that I can profit from this massive growth. For context the only investing I've done thus far is a mutual fund that brings me a pretty nice 7-8% every year. 

You can learn two things, fundamental and technical analysis. Fundamental more likely related to news and the trends. Technical is how you can read the price chart.
Expected 7-8% per year is you just hold it, you just considering and calculate how much price your starting buy.
Do a trading daily can earn more profit, if you have understanding that two things.

[royalfestus]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

This forum can serve a large portion of this, take time to go through the threads, check ann thread for discussions of each project. medium can help for some cryptocurrency, some of their pages are there. You can also add some on twitter for updates.

[Bitcoinsummoner]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

I think there is no books for learning about bitcoin but buying bitcoin is really one of the way to invest.. but not good idea to buy bitcoins right now because the price of bitcoin is pretty high much better to wait for the price lower $1k value before you can buy bitcoin and hold it for a long time that we can say its investment and sell the in the right price to make a good profit..

[voltesbit777]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

if you want to educate yourself in bitcoin for investing bitcointalk.org is enough i think.
because it is very informative, or there is google that could help you out about the thing you wanna know, just the type
the question that you know the answer about in bitcoin.

[European Central Bank]

if you want to educate yourself in bitcoin for investing bitcointalk.org is enough i think.

if you're coming to it pretty fresh, i think this place's content might be enough to make your head spin. there's an awful lot of things to take on board. better to start off with a focused resource and then come back with a little knowledge. you'll be able to get far more use out of it when you have a certain level of proficiency.

https://antonopoulos.com/books/

https://www.youtube.com/user/aantonop/videos

there's another good resource.

[beerlover]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

Cryptocurrency trading will not be having big differences from other types of trading. So, you can develop your strategies and learning with some free forex trading platforms. Us their trail accounts effectively. I guess you can get ready for trading in very quick time itself.

[JeffBrad12]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

Read all of the whole pages in this forum and you will get anything you want to be ready to get into the bitcoin.

Go to the beginner and help section, it's the right decision for you in this time.

[The Sceptical Chymist]

Right now there aren't any books specific to bitcoin trading--it's all way too new.  At least I don't know of any.  There are plenty of books about trading in general, though.  Go on Amazon and you'll find plenty.  One of my favorites is "Reminiscences of a Stock Market Operator" by Edwin Lefevre.  It's super old, but it's stories about stock trading and the mentality thereof.

Take everything you read here with a huge grain of salt.  There are tons of people who have no clue what they're talking about, and most people here post just to get paid from signature campaigns.  There's no shortage of advice, but there is a shortage of quality advice.

[ArdiPrabowo]

investment in bitcoin or altcoin only use trading you can buy low hold sell if price incraese
another you can buy hardware to mining
if you want to investment in high risk you can invest in cloud mining, high risk because majority only ponzy scheme

[RoommateAgreement]

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

first thing you should know is that bitcoin is not a separate and different thing than other things you see in the world. it is a currency and an investment. it is new in some aspects, but when it comes to investing, it really is the same.

you need to know basic economics and basic rules of trading if you want to invest in bitcoin with an educated move. don't think too hard about it being bitcoin.

and the second most important thing to learn is basics of bitcoin, how it works and most important is how to secure your wallet.

[Dudeperfect]

Thre are plenty of resources available on the internet to learn about trading, however, I deeply believe in gaining experience from actual trading because practical experience makes it more memorable to avoid mistakes in the future. I would suggest you to start studying price movements on the chart, don't be greedy to invest without understanding the movements. It's a trading and risk is associated with it so don't worry if you suffer loss (almost everyone suffered it in their initial phase). Do your own research BEFORE INVESTING. You will get good experience over the time.