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How to Start Learning About Cryptocurrency?

May 3, 2023

The revolutionary cryptocurrency and blockchain technologies have brought a new lexicon and industry to the world. Gaining a deep understanding of these technologies is essential for anyone seeking to invest in digital currency and stay ahead of the game.

In this article, we will provide you with the six best ways to start learning about cryptocurrency and blockchain, allowing you to gain a comprehensive understanding of this exciting field.

Join Online Cryptocurrency Communities

One of the easiest and basic steps to get invaluable resources is joining online communities on popular platforms like Discord. Within these digital spaces, you'll have the opportunity to engage with knowledgeable individuals with a lot of industry experience.

To maximize your experience in the communities, you should actively participate in discussions and interact with the members. Be bold and ask questions or share your investment ideas; the idea is to grow together and help each other. You should identify respected leaders and influencers, as they often share more valuable insights and resources.

It's also important to be cautious and research before taking action on any advice provided within these communities. While most members are genuine and provide trustworthy information, some bad actors may disseminate false or misleading information.

Ready to join the conversation? Here are some top-notch online communities to consider joining to expand your knowledge and grow your network within the cryptocurrency and blockchain space:

👉 weirdo.rocks

👉 virtualbacon.com

Invest in a Good Online Course

Buying an online course is an excellent way to learn about blockchain and all related topics. Online courses are usually designed to provide a comprehensive understanding of the technology, its underlying principles, and how it can be utilized in the real world.

The great benefit of buying a course is that the mentor of the course has already done the research for you and filtered the information you need to get the proper understanding. There is a lot of information out there and many fake and bad ones, so getting a course makes learning easier, as you receive filtered and trustworthy information in one place that allows you to go deeper into a topic.

Selecting a reputable course provider and actively engaging with the additional material is essential to get the most out of the experience.

You should also find an appropriate course for your level of understanding. If you are a beginner, start with introductory courses covering cryptocurrency and blockchain basics. At the same time, more advanced learners may opt for more specialized courses that cover topics like smart contracts and decentralized applications (DApps).

Many courses offer certification upon completion, which can be valuable when seeking employment or projects in the cryptocurrency and blockchain industry.

👉 Free Email Course and Online Video Course Blockchain and Cryptocurrency for Absolute Beginners

Use available Free Sources (Youtube channels, crypto blogs, Twitter Spaces)

Utilizing available free sources such as YouTube channels, crypto blogs, and Twitter Spaces can be a great way to expand your knowledge base. However, with so much information available, it is important to approach these sources critically and research to ensure you are getting accurate information.

The first thing you need to do is to find and follow credible experts and influencers in the industry. Look for individuals with a strong reputation and a proven track record of providing reliable information.

It is also important to be patient and persistent when using free sources. Cryptocurrency and blockchain are complex topics, and it can take time to grasp the concepts and principles involved fully. Take the time to read and watch multiple sources, ask questions, and seek clarification on anything confusing.

It can be helpful to supplement your learning with additional resources like books and the latest technical articles. This can provide a deeper and enhanced learning experience and help you stay updated on the latest developments in the industry.

Free sources are a great way to learn, but they do require more patience and time, as you need to qualify the information that you get into good and bad ones.

Here are some Youtube channels that we would recommend and that we believe are excellent sources for diving into cryptocurrency:

👉 Weirdo.Rocks

👉 Coinbureau

👉 Virtual Bacon

Subscribe to newsletters

By subscribing to reputable newsletters, you can receive regular updates on industry news, market trends, new technologies, and expert opinions. It's a good, more passive way of getting the information to your mailbox; you can review it at your pace and without spending much time searching for information.

Like other sources of information, you should also choose newsletters from reputable sources to avoid potential scams and fake news in the cryptocurrency industry. We recommend selecting a few trustworthy newsletters that provide relevant and timely updates and prevent information overload.

Some newsletters may also offer exclusive content, such as interviews with industry experts, analysis of market trends, and early access to new products and services.

Here are a couple of our favorites:

👉 Weirdo.Rocks

👉 VirtualBacon

👉 Milkroad

Read Cryptocurrency Whitepapers

Reading cryptocurrency whitepapers is a great way to learn about the underlying technology and the concepts behind specific cryptocurrencies.

What is a whitepaper?

A cryptocurrency whitepaper is a comprehensive document outlining the technical and economic aspects of a specific cryptocurrency. It is typically written by the cryptocurrency's development team or core members and serves as a guide for potential investors, miners, and users. The whitepaper outlines the purpose of the cryptocurrency, its features, and how it works. Source: coinmarketcap.com

To access a whitepaper, you can search for the cryptocurrency project online and look for a link to its whitepaper.

Whitepapers can be technical and difficult for beginners, but they offer a deep understanding of cryptocurrency. It is important to read the whitepaper thoroughly and try to understand the technical aspects of the cryptocurrency.

This may involve learning new terminology and concepts related to blockchain technology. You can also look for annotations or explanations of the whitepaper to better understand the technical details.

It is important to note that not all whitepapers are reliable or trustworthy. Some cryptocurrency projects may release whitepapers with false information or exaggerated claims.

Again, do proper research on the cryptocurrency project and its developers before relying on its whitepaper as a source of information.

Fun fact - did you know that Apple hid the Bitcoin whitepaper on (newer) Macs? That's right; you can find the original whitepaper by following these simple steps:

Open the Terminal application on your Mac.

  1. Paste the following code: "cd /System/Library/Image\Capture/Devices/VirtualScanner.app/Contents/Resources/"
  2. type "open simpledoc.pdf" and
  3. Enter

And just like that, the Bitcoin whitepaper will appear on your screen. We highly recommend reading the whitepaper if you did not yet—a true masterpiece.

Attend Cryptocurrency Events and Conferences

Attending cryptocurrency events and conferences provides a unique opportunity to network with other cryptocurrency enthusiasts, learn about new projects and technologies, and gain insight into the latest trends and developments in the industry.

Speakers at these events are often experts in the field. They can provide valuable insights and perspectives on various topics related to cryptocurrency and blockchain.

Weirdo.Rocks at Miami Bitcoin Conference
Weirdo.Rocks at Miami Bitcoin Conference

Many of these events also offer workshops and training sessions, which can provide hands-on experience with cryptocurrency and blockchain technology.

These events usually have high ticket prices for full access, so you need to evaluate and research the ones that make sense for your level of understanding and what you want to get from the event. If the conference is good, you can get a lot of knowledge and networking opportunities to make the price of the ticket worthwhile.

What is the best way to learn about crypto and blockchain?

Is cryptocurrency easy to learn? There is a lot of information available and easily accessible to anyone. So while it is easy to get to the information, it is harder to filter the good ones out and learn all the new terminology that arose with the blockchain.

With so much potential for growth and innovation in this space, learning and trying to get the best out of it is more important than ever. And based on your current situation and understanding of the industry, you can decide what path is the best for you.

If you are a beginner and want to learn more about how to start with cryptocurrencies or improve your crypto game weirdo.rocks team has you covered!

We created a free email course to filter the available information for you and help you learn everything from what cryptocurrency is, what to consider when starting to invest, where to buy your first digital assets, how to store them securely, and much more.

⬇️ ⬇️ You can enroll here and start your journey into the exciting world of blockchain today ⬇️ ⬇️

👉 How to Start with Cryptocurrencies 👈

Frequently Asked Questions

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Leo Brunnhofer - Weirdo.Rocks