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It is no secret that cryptocurrency is the talk of the town at present, due to its skyrocketing prices and high return on investment. In 2021, the price of Bitcoin raised as high as $60,000, making it gather both media and people's attention. Cryptocurrencies are complex financial instruments that are difficult to understand and follow. If you are a complete novice looking forward to investing in the market, learning about cryptocurrencies such as Bitcoin, as well as the blockchain design that supports them can seem like a daunting task.
Although there are many books on the market, most of them aren't meant for beginners and cover complex topics. Sweet Smart Books presented this book focusing on explaining complex topics about blockchain technology and cryptocurrencies in a way that it can be easily understood by kids and beginners. A number of real-life examples and scenarios were used by the author of this book to explain different concepts in a friendly way so that readers are able to follow the bigger picture of what is happening.
What are you going to learn from this book?
The book starts with an introduction to different currency systems and financial instruments to extend itself into the basics of cryptocurrencies and Blockchain technology.
This book focuses on topics such as:
- Different currency systems
- Different financial instruments
- Centralization vs Decentralization
- Understanding the basics of cryptocurrencies
- Blockchain technology
- Understanding Bitcoin mining
- Consensus mechanism
- Smart contracts and how they work?
- Risk management
- Investing in cryptocurrency
- Technical and fundamental analysis
- And a lot more