Bitcoin is going wild, with a valuation that has gone from zero to higher than $6,000 in just four years. Altcoins are springing up like mushrooms; some will thrive and others will fade away. Blockchain is the new buzzword that everyone is excited about. It’s the dotcom bubble all over again, and if you can trade it and not blow your account up you can make a killing.
But cryptocurrencies are not the same as equities or bonds. They are their own ecosystem and they obey new rules that no-one fully understands. This means there is big risk in trading them – but also the chance of a big reward.
This book tells you everything you need to know about cryptocurrencies – what they are, how they work, and how you can make money from them. The author explains how Bitcoin exchanges and trading sites work and walks you through your first purchase of Bitcoins. He talks about trading different cryptocurrencies, market making, and the fundamentals of selecting a good coin to buy. He also covers mining cryptocoins, and for those that are interested in the technical aspect of cryptocurrencies and the blockchain he delves into the details behind them.
If you are interested in joining this exciting new area of investing and trading, this book will be an invaluable guide.
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