The Only Cryptocurrency Investing Book You'll Ever Need: An Absolute Beginner's Guide to the Biggest "Millionaire Maker" Asset of 2022 and Beyond - ... from NFTs (Cryptocurrency for Beginners) Paperback – January 28, 2022
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The Only Cryptocurrency Investing Book You'll Ever Need: An Absolute Beginner's Guide to the Biggest "Millionaire Maker" Asset of 2022 and Beyond - ... from NFTs (Cryptocurrency for Beginners) Paperback – January 28, 2022

4.4/5
Product ID: 405325963
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4.4

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D**E

A clear, concise introduction to cryptocurrency investing for the crypto noob

I came to this short book with a raft of questions about crypto. Among them: Why would someone want to invest in crypto (or not)? What is the blockchain, exactly? Are either genuinely useful? Does crypto have any true fundamentals, or does it trade on the “greater fool” theory? What is the best strategy for buying it, and how much of it should make up a portfolio? And what on earth is an NFT, anyway?By some miracle, this book answered all of my questions and then some.After a concise introduction to cryptocurrency and blockchain basics and an overview of the crypto/blockchain ecosystem—including the development of altcoins, the creation of the Ethereum network, and application of blockchain technology to the cloud computing, financial and gaming spaces—it provides solid guidance on altcoins (including the ones to avoid), blockchain-related stock and ETF investing (and pitfalls), Non-Fungible Tokens and how to navigate the NFT space if you must, much-appreciated sections on crypto retirement accounts and taxes, and an eye-opening examination of crypto scams, including the recent Squid Game debacle.This book also provides access to a YouTube video that further explores the blockchain and crypto basics covered in the book as well as additional videos that demonstrate crypto wallet setup and management. (These are included among the bonus materials offered in the introductory section of the book.)Although the author does mention a few reputable crypto exchanges throughout the book, I would have liked a more concentrated focus on what to look for in them and what to guard against as he’s done in the section on crypto retirement accounts. That said, based on the book, what he’s mentioned on the accompanying crypto profit video, and the reviews I’ve read online, I think I’ve made my choice of exchange that’s best for me.I recommend this book for those with at least some stock investment experience. (The author himself discourages brand-new investors from starting with crypto.) If you’re completely new to investing, I recommend first reading his 8-Step Beginner’s Guide to Investing and Bear Market Investing Strategies (both of which I own) and possibly The Only Bitcoin Investing Book You’ll Ever Need (which I don’t).I was tempted to get started in crypto investing near the end of 2021, but I couldn’t pull the trigger, sensing I needed more information. (And given the recent price plunge alone, I’m glad I didn’t.) This book provided the balanced, reasonable overview I needed to get started.So, why would you want to invest in crypto? If you want in on a potentially life-changing asset class created via a revolutionary technology that’s here to stay, you would. But if you can’t stomach volatility, don’t have money to lose, or couldn’t smell a scam even after it’s been laid out for you here, stay awaaaaay.

J**E

Understanding crypto investing concepts

Excellent. This book is written so that concepts that I’m not familiar with are understandable. I recommend that anyone interested in learning about crypto investing should read this book.

K**R

Great book for someone who knew nothing about cryptocurrency

I really like Freeman Publishing books. This is the second of theirs I’ve read and they are so helpful in providing understanding to more esoteric financial markets. I have more confidence and interest venturing into these more esoteric investments as a result of reading their books.

M**T

Easy to read and understand. GREAT primer!

EXCELLENT book for an introduction to cryptocurrency. I read two others prior to this one and it was the most basic and easiest to follow. It’s a quick read too. GREAT place to start for the newbies to crypto.

J**O

Not the only crypto book you'll need

The book touched on quite a bit of crypto info, but did not seem to be that in depth. While that may be fine for an initial overview, it hardly qualifies for the "Only Cryptocurrency Investing Book You'll Ever Need" title. Seemed to be more of a sales pitch effort than an instructional book. I thought it glossed over the pitfalls and downsides of crypto, which an "Absolute Beginner" and others should be aware.

J**R

helpful beginner guide

If you know a lot about crypto you will still learn something. However I did skip a few chapters because it was just very basic concepts. If you are a complete crypto beginner it is a great book.

D**O

This is a good beginners introduction to the world of cryptocurrency.

I enjoyed this book very much. Read it in one evening. Two lessons learned--1. Golden Rule-Never invest more than you can avoid to lose and 2. Dedicate only 5-10% of your total portfolio to Cryptocurrency.

K**R

Good information

Review of the cryptocu⁶rrency markets. Good information for a newbie to understand cryptocurrency. History, trading advice, scams and future predictions.

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