The cryptocurrency world is booming. Just like in the early days of the internet, new companies are springing up every day all claiming to disrupt this industry or revolutionize that. However, in reality it is likely more than 90% of the cryptocurrencies around today will not be around in 5 – 10 years time. Thus, in order to invest effectively, it is of paramount importance that you research all projects thoroughly. Below we have compiled a list of useful resources for both research and investment purposes.
Probably the most active place to discuss cryptocurrencies and stay up to date with news and developments. There are subreddits for pretty much every serious project out there, as well as for cryptocurrency software and hardware, such as hard wallets.
General Subreddits
- r/CryptoCurrency
- r/Bitcoin
- r/ethereum
- r/Ripple
- r/Bitcoincash
- r/nem
- r/NEO
- r/Iota
- r/Monero
- r/dashpay
- r/cardano
- r/Stellar
Trading Subreddits
Steemit
If you are not familiar with Steemit, it is basically a Reddit-style social network built on top of the Steem blockchain platform. It is similar to Reddit in a lot of ways, but the key difference is that users are rewarded with Steem dollars for creating and curating content i.e. upvoting content rewards the creator with a small amount of Steem. As the network is a blockchain based project, there are a lot of crypto related topics, however it is still well worth checking out.
- https://steemit.com/trending/bitcoin
- https://steemit.com/trending/cryptocurrency
- https://steemit.com/trending/blockchain
Portfolio Management Tools
There are a number of useful tools that you can use to track the value of your portfolio, as well as keep track of any other cryptographic assets you might be interested in.
- Blockfolio – A portfolio management App that is currently only limited to mobiles, available on IOS and Android. It’s super easy to keep track of the value of different cryptos in your portfolio in a wide range of currencies, setup price alerts, view candlestick charts, orderbooks and get news.
- Coinloop – A relatively new browser based application that has a lot of the same functions as Blockfolio. The design is super sleek and intuitive. The platform also includes some interesting features such as Reddit and Twitter news integration, as well as AI based trade signals.
- CoinMarketCap – A good place to get an overview of the whole market or check out trade info on any coin. It’s also useful for checking out what exchanges a coin is available on and comparing the best rates.
Videos
Videos can be an easy and engaging way to learn about new projects, trading and get market updates. Below we have listed a few of our favorite YouTube channels and some other interesting resources.
- Crypto Investor – ”Coming from a finance background and helping teach fundamental analysis and value investing with stocks, cryptocurrencies are my journey into a much more exciting (and dangerous) world. I hope to bring my due diligence coming from a more traditional field and hope to reduce the level of emotional decisions made in your investing.”
- Andreas Antonopoulos – One of the most respected and influential figures in the cryptocurrency world, authoring 3 books and travelling the world giving public speeches and lectures on Bitcoin and cryptocurrencies.
- https://cryptflix.com/ – ‘The Netflix of Cryptocurrency’, this creative new site allows you to watch quick intro videos to hundreds of cryptos in a familiar Netflix style format.
Books
Basic Introduction:
- The Internet of Money by Andreas Antonopoulos (Amazon) – ”While many books explain the how of bitcoin, The Internet of Money delves into the why of bitcoin. Acclaimed information-security expert and author of Mastering Bitcoin, Andreas M. Antonopoulos examines and contextualizes the significance of bitcoin through a series of essays spanning the exhilarating maturation of this technology.”
- The End of Money by New Scientist (Amazon) – ”The most famous – or infamous – cryptocurrency is bitcoin. But look beyond its tarnished reputation and something much shinier emerges. The technology that underlies bitcoin and other cryptocurrencies – the blockchain – is hailed as the greatest advancement since the invention of the internet. It is now moving away from being the backbone for a digital currency and making inroads into other core concepts of society: identity, ownership and even the rule of law.”
Advanced Introduction:
- Mastering Bitcoin by Andres Antonopoulos (Amazon) – ”Join the technological revolution that’s taking the world of finance by storm. Mastering Bitcoin is your guide through the seemingly complex world of bitcoin, providing the knowledge you need to participate in the internet of money. Whether you’re building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded second edition provides essential detail to get you started.”
Investing:
- Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond (Amazon) – ”With the rise of bitcoin and blockchain technology, investors can capitalize on the greatest investment opportunity since the Internet. Bitcoin was the first cryptoasset, but today there are over 800 and counting, including ether, ripple, litecoin, monero, and more. This clear, concise, and accessible guide from two industry insiders shows you how to navigate this brave new blockchain world―and how to invest in these emerging assets to secure your financial future.”
Whitepapers
When investing in any cryptocurrency, the whitepaper is the first place you should start. This is almost like a business plan written in the style of a scientific research paper that is published by the founders of any particular cryptocurrency. As a result, the terminology and format can be challenging for readers. If you are a non-technical investor, a good place to start is with the abstract, introduction and conclusion. This will give you a good overview of what the project is about without going into too much detail into the technical aspects.
- Bitcoin Whitepaper by Satoshi Nakomoto
- Ethereum Whitepaper by Vitalik Buterin
- Cardano Whitepaper
- NEO Whitepaper
- IOTA Whitepaper by Serguei Popov
- Monero Whitepapers
Exchanges
There are many different exchanges available, with the right exchange for you depending on your needs. As there are literally 1000s of crytographic assets available, those who want to invest in a diverse portfolio will likely need to sign up to several exchanges. Below are some of the largest and most reputable.
- Coinbase – Largest exchange accepting fiat deposits in several currencies. All cryptocurrencies stored on Coinbase are FDIC insured, however they currently only trade Bitcoin, Bitcoin cash, Litecoin, and Ethereum.
- Binance – A Chinese owned exchange with probably the largest variety of alt coins available. They also offer 50% off trading fees for using their native Binance coin (BNB) pairs.
- GDAX – Owned by Coinbase, it is also fully insured. Supports a few more pairings than Coinbase with some more advanced trading tools.
- Bitfinex – Another one of the largest exchanges, supporting a nice range of alt coins with more added regularly. Has some advanced trading tools for experienced traders.