Herzig Ansel

Rolling In Crypto Herzig Ansel

In 2017, people around the world had their heads turned towards cryptocurrencies and blockchain technology as the prices of Bitcoin and many other altcoins rose exponentially. While the bold and risky investors were handsomely rewarded, most other people remain skeptical of cryptocurrencies as an investment and are still trying to put their heads around the complex topic. What is blockchain? What is mining? How to buy Bitcoin? How would a non-government-issued digital currency work? Is this just the next financial bubble?The Internet abounds with plenty of blockchain technical explanations but many of them paint only half the picture. Readers end up more confused than before. This book aims to provide that simple, clear explanation of blockchain and cryptocurrencies. Besides helping readers to understand how cryptocurrency works, the core of the book focuses on cryptocurrencies as an investment tool - cryptoassets. Several altcoin investing strategies are discussed, alongside a method to build a diversified crypto portfolio and simple tactics to time market entries and exits. The goal of this book is to help readers understand the underlying distributed ledger technology so that they are prepared for the upcoming decentralised economy. More importantly, it is about cultivating a healthy investing mindset with an awareness of the market forces and taking on an appropriate level of risk. Getting people to feel comfortable towards Bitcoin and altcoin investing is just the first step. Helping them make money and cope with the losses in this wild wild west is the real challenge.