Umfang:
1 Online-Ressource (275 Seiten)
Ausgabe:
1st ed
ISBN:
9781394200856
Anmerkung:
Description based on publisher supplied metadata and other sources
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Intro -- Title Page -- Copyright Page -- Table of Contents -- Introduction -- About This Book -- Foolish Assumptions -- Icons Used in This Book -- Where to Go from Here -- Part 1 Getting Started with Cryptocurrencies -- Chapter 1 Introducing the World of Cryptocurrencies -- Beginning with the Basics of Cryptocurrencies -- The definition of money -- Some cryptocurrency history -- Key crypto benefits -- Reducing corruption -- Eliminating extreme money printing -- Giving people charge of their own money -- Cutting out intermediaries -- Serving the unbanked -- Common crypto and blockchain myths -- Risks to know about -- Gearing Up to Make Transactions -- Wallets -- Exchanges -- Communities -- Making a Plan Before You Jump In -- Select your cryptos -- Analyze, invest, and profit -- Chapter 2 Checking Out the Benefits of Cryptocurrency Investing -- Diversifying from Traditional Investments -- Stocks -- Bonds -- Foreign exchange -- Precious metals -- Getting a little background -- Comparing precious metals to cryptocurrencies -- Gaining Capital Appreciation -- Knowing it's a wild ride -- Playing "coulda woulda shoulda" -- Knowing that history doesn't always repeat itself -- Increasing Income Potential -- A bit about traditional dividends -- The basics on crypto dividends -- Fueling Ideological Empowerment -- The economy of the future -- Potential hedge against inflation -- Help for the unbanked and underbanked -- Chapter 3 Knowing the Risks of Cryptocurrencies -- Reviewing Cryptocurrency Returns -- Capital gains (or losses) -- Income -- Compounding -- Risk: Flipping the Other Side of the Coin -- Glimpsing Cryptocurrencies' Reward versus Risk -- Digging into Different Kinds of Risk -- Crypto hype risk -- Security risk -- Safety check #1: Bitcoin investing schemes -- Safety check #2: The cryptocurrency itself -- Safety check #3: The exchange
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Safety check #4: Your wallet -- Volatility risk -- Liquidity risk -- Vanishing risk -- Regulation risk -- Tax risk -- Exploring Risk Management Methods -- Build your emergency fund first -- Be patient -- Diversify outside and inside your cryptocurrency portfolio -- Chapter 4 Looking at Blockchain Technology -- Breaking Down Blockchain Technology Basics -- What is a blockchain, and how does it work? -- How does a blockchain secure itself? -- Why is blockchain revolutionary? -- Blockchain may eliminate data tampering because of the way it tracks and stores data -- Blockchain creates trust in the data -- Centralized third parties aren't necessary -- Perusing Problems with Blockchain -- Scalability problems -- Environmental problems -- Fraud problems -- Political problems -- Discovering What Blockchain Can Be Used For -- Payments -- Voting -- Supply chain monitoring -- Identity verification -- Legal ownership of stuff -- Health care -- Entertainment -- Energy -- Internet of Things -- Chapter 5 Understanding How Cryptocurrencies Work -- Explaining Basic Terms in the Cryptocurrency Process -- Cryptography -- Nodes -- Mining -- Proof of work -- Proof of stake -- Delegated proof of stake -- Proof of authority -- Proof of history -- Proof of importance -- Transactions: Putting it all together -- Cruising through Other Important Crypto Concepts -- Adaptive scaling -- Decentralization -- Harvesting -- Open source -- Public ledger -- Smart contracts -- Stick a Fork in It: Digging into Cryptocurrency Forks -- What is a fork and why do they happen? -- Hard forks and soft forks -- Free money on forks -- Part 2 Crypto-Investing Fundamentals -- Chapter 6 Buying Cryptocurrencies -- Overviewing the Steps in Buying Cryptocurrencies -- Distinguishing Crypto Exchanges -- Centralized exchanges -- Decentralized exchanges -- Potential problems
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Popular decentralized exchanges -- Hybrid exchanges -- How to choose an exchange -- Security -- Supported currencies (crypto and otherwise) -- Liquidity -- Fees -- Ease of use -- Location -- Method of payment -- Customer support -- Trading options -- Transaction limits -- Understanding Crypto Brokers -- How brokers work -- The pros and cons of using a broker -- Pro or con: You can take advantage of a down market -- Pro or con: You can trade on leverage -- How to choose a broker -- Looking at Other Methods for Buying Cryptos -- Funds -- Credit card -- PayPal -- Cash -- Cryptocurrency ATMs -- Chapter 7 Putting Cryptocurrency Wallets to Use -- Defining Cryptocurrency Wallets -- A few important terms -- How a wallet works -- Looking at Different Types of Wallets -- Online wallet -- Mobile wallet -- Desktop wallet -- Hardware wallet -- Paper wallet -- Choosing a Crypto Wallet -- Based on security -- Based on your crypto ownership -- Based on transaction fees -- Based on anonymity -- Keeping Your Wallet Secure -- Back up your wallet -- Have multiple wallets -- Add more security levels -- Update your software -- Remember where you hide it! -- Chapter 8 Surveying Different Types of Cryptocurrencies -- Distinguishing Coins, Altcoins, and Tokens -- Coins -- Altcoins -- Tokens -- Celebrating Celebrity Cryptocurrencies by Market Cap -- Bitcoin -- A bit of Bitcoin background -- Bitcoin characteristics -- Ethereum -- A brief background of Ethereum -- Ethereum versus Bitcoin -- Ethereum characteristics -- Ripple -- Some Ripple background -- Ripple versus Bitcoin -- Ripple characteristics -- Cardano -- Cardano versus Ethereum 2.0 -- Cardano characteristics -- Other top ten major cryptos -- Top 100 major cryptos -- Cryptocurrencies by Category -- Decentralized finance cryptos -- Utility cryptos -- Exchange-specific cryptos -- Payment cryptos -- Privacy cryptos
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Stablecoin cryptos -- Platform cryptos -- Finance and fintech cryptos -- Legal and property cryptos -- NFTs and collectibles cryptos -- Metaverse cryptos -- Gaming cryptos -- Other crypto categories -- Chapter 9 Identifying Top Cryptocurrencies -- Introducing the Invest Diva Diamond Analysis -- Using Fundamental Analysis to Pick Cryptocurrencies -- Go with what you know -- Choose the right categories -- Check out cryptos' websites -- Flip through their white papers -- Identify their teams -- Browse their partnerships -- Familiarize yourself with their technology -- Check out their contribution to society -- Analyze their road maps -- Get to know their community -- Get involved -- Trying Technical Analysis to Select Cryptos -- Choosing Cryptos with Sentimental Analysis -- Key sentimental elements -- The crypto community -- Exchanges that carry the crypto -- Volume -- Coin market capitalization -- Circulating supply -- Total supply -- Stuff to check in the news -- Recent coverage -- Upcoming events -- Negative press -- Chapter 10 Using Diversification in Cryptocurrencies -- Breaking Down Some Basics on Diversification -- What is traditional diversification? -- How does diversification reduce risk? -- Using Cryptocurrencies in Long-Term Diversification -- Diversifying with non-cryptocurrencies -- Some background on trading fiat currencies -- Quote currency versus base currency -- Trading cryptos versus fiat currencies -- Diversifying among cryptocurrencies -- Tackling Diversification in Short-Term Trades -- Part 3 Essential Cryptocurrency Strategies and Tactics -- Chapter 11 Short-Term Crypto-Trading Strategies -- Distinguishing Three Short-Term Time Frames -- Profiting within hours -- Define crypto-trading sessions -- Know that day-trading cryptos is different from day-trading other assets -- Set a time aside -- Start small -- Don't take too much risk
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Secure your crypto wallet -- Stay away from scalping -- Profiting within days -- Profiting within weeks -- Trying Short-Term Analysis Methods -- Deciphering chart patterns -- A 30-minute chart -- An hourly chart -- A four-hour chart -- Using indicators -- Avoiding illegal pump-and-dump stuff -- Managing Short-Term Trading Risk -- Chapter 12 Long-Term Crypto-Investing Strategies -- On Time: Getting Started with Long-Term Investing -- Your personal goals and current situation -- Your portfolio's objectives -- Creating Long-Term Strategies -- Observing psychological levels -- Selling when you reach your goal -- Keeping tax consequences in mind -- Considering Limit Orders and Stop-Loss Orders -- Limit orders -- Stop-loss orders -- Chapter 13 Minimizing Your Losses and Maximizing Your Gains -- Keeping the Losses Down -- Measuring returns -- Monitoring exchange fees -- Understanding the art of getting out -- Don't be greedy -- Take partial profits -- Let go of bad investments -- Letting the Profits Rise -- Buying at the bottom -- Knowing that patience is a profitable virtue -- Identifying the peaks -- Finding peaks and bottoms with a few trading tools -- Chapter 14 Cryptocurrencies and Taxes -- Distinguishing Three Types of Crypto Taxes -- Income taxes -- Long-term capital gains taxes -- Short-term capital gains taxes -- Minimizing Your Crypto Taxes -- Lowering your mining income tax -- Reducing your trading tax -- Bringing down your capital gains taxes -- Checking the rate of your state -- Evaluating Taxable Income from Crypto Transactions -- Tracking your crypto activity -- Handling crypto forks -- Reporting international crypto investments -- Part 4 The Part of Tens -- Chapter 15 Ten Considerations Before Getting Started with Cryptos -- Don't Get Too Excited -- Measure Your Risk Tolerance -- Protect Your Crypto Wallet
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Find the Best Crypto Exchange/ Broker for You
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe Danial, Kiana Investing in Cryptocurrency for Dummies Newark : John Wiley & Sons, Incorporated,c2023 ISBN 9781394200832
Sprache:
Englisch
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