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Ryan Derousseau - The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies

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Ryan Derousseau The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies
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The Everything Guide to Investing in Cryptocurrency: From Bitcoin to Ripple, the Safe and Secure Way to Buy, Trade, and Mine Digital Currencies: summary, description and annotation

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Maximize your money while avoiding the potential pitfalls of investing in cryptocurrencythis handy guide shows you how to get in from the bottom up in this hot new market. Cryptocurrencya digital asset that uses cryptography to secure all of its transactions, making it nearly impossible to counterfeitis moving into the mainstream, receiving coverage from major financial websites such as Forbes and Bloomberg, as well as increased attention from serious financial institutions, and experiencing wider availability in trusted markets, such as the worlds largest futures exchange, Chicago Mercantile Exchange.As the price of Bitcoin and other cryptocurrencies continue to fluctuate and and news stories of cryptocurrency hackers increase, investors have to be more conscious of the huge opportunities and large risks in this market. Understanding these risks and rewards of cryptocurrency is vital for everyone wanting to make money on this exciting new form of investing.The Everything Guide to Investing in Cryptocurrency is an authoritative and comprehensive guide to help you safely jump into the lucrative world of e-commerce. Youll learn:The different major cryptocurrencies, including Bitcoin, litecoin, and ethereumWhere to buy and sell cryptocurrencies safely and securelySetting up and managing your cryptocurrency walletProperly analyzing their investmentsLeap into cryptocurrencies with a full understanding of what youre investing in. With the help of The Everything Guide to Investing in Cryptocurrencies, youll maximize your gains and minimize your risks in this radical new frontier.

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THE

GUIDE TO INVESTING IN CRYPTOCURRENCY Dear Reader After over a decade of - photo 2

GUIDE TO INVESTING IN CRYPTOCURRENCY

Dear Reader,

After over a decade of covering investing topics as a journalist and writer, its rare for me to see much excitement in the tools we invest in. Sure, everyone is out to get rich, but normally investors reserve their adrenaline for specific stocks while portfolio managers stick to whatever strategy theyre pitching. Most veteran investors hardly allow a hint of emotion trickle as they lay out their thesis. Maybe thats why I found bitcoin so interesting when I got my first chance to write about it a few years ago. Supporters used emotional pleas to convince the world it wasnt just a currency or just an investment. It was a way of life. A philosophy.

Despite this enthusiasm, few could legitimately predict what would happen to bitcoin in 2017 when suddenly some of these advocates turned into millionaires. Discussing cryptos then turned into a much larger conversation as supporters were emboldened by the price appreciation. Expressing skepticism in the crypto discussion seemed on par with rejecting someones religion or worldview. The problem? People werent just investing in cryptos. They were placing their hopes and dreams on the rise and fall of a coin that had no long-term track record.

Thats why I decided to write this book. Its a detailed introduction to what a new crypto investor should know about these coins, beyond the blind narrative that theyre destined for growth. With this information and basic understanding in hand, you can form a calculated opinion of a coin and the risks involved, and determine for yourself just how much youre willing to put into either the future of currency or simply the next in a long line of investment fads.

Its up to you to decide.

Ryan Derousseau

Welcome to the Series These handy accessible books give you all you need to tackle a - photo 3 Series!

These handy, accessible books give you all you need to tackle a difficult project, gain a new hobby, comprehend a fascinating topic, prepare for an exam, or even brush up on something you learned back in school but have since forgotten.

You can choose to read an Everything book from cover to cover or just pick out the information you want from our four useful boxes: e-questions, e-facts, e-alerts, and e-ssentials. We give you everything you need to know on the subject, but throw in a lot of fun stuff along the way too.

We now have more than 400 Everything books in print, spanning such wide-ranging categories as weddings, pregnancy, cooking, music instruction, foreign language, crafts, pets, New Age, and so much more. When youre done reading them all, you can finally say you know Everything!

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QUESTIONS

Answers to common questions

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FACTS

Important snippets of information

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ALERTS

Urgent warnings

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ESSENTIALS

Quick handy tips

PUBLISHER Karen Cooper

MANAGING EDITOR Lisa Laing

COPY CHIEF Casey Ebert

ASSOCIATE PRODUCTION EDITOR Jo-Anne Duhamel

ACQUISITIONS EDITOR Zander Hatch

DEVELOPMENT EDITOR Peter Archer

EVERYTHING SERIES COVER DESIGNER Erin Alexander

Visit the entire Everything series at www.everything.com

The Everything Guide to Investing in Cryptocurrency From Bitcoin to Ripple the Safe and Secure Way to Buy Trade and Mine Digital Currencies - image 8

The Everything Guide to Investing in Cryptocurrency From Bitcoin to Ripple the Safe and Secure Way to Buy Trade and Mine Digital Currencies - image 9

Adams Media

An Imprint of Simon & Schuster, Inc.

57 Littlefield Street

Avon, Massachusetts 02322

www.SimonandSchuster.com

Copyright 2019 by Simon & Schuster, Inc.

All rights reserved, including the right to reproduce this book or portions thereof in any form whatsoever. For information address Adams Media Subsidiary Rights Department, 1230 Avenue of the Americas, New York, NY 10020.

An Everything Series Book.

Everything and Everything.com are registered trademarks of Simon & Schuster, Inc.

First Adams Media trade paperback edition March 2019

ADAMS MEDIA and colophon are trademarks of Simon & Schuster.

For information about special discounts for bulk purchases, please contact Simon & Schuster Special Sales at 1-866-506-1949 or .

The Simon & Schuster Speakers Bureau can bring authors to your live event. For more information or to book an event contact the Simon & Schuster Speakers Bureau at 1-866-248-3049 or visit our website at www.simonspeakers.com.

Cover design by Heather McKiel

Cover images Getty Images/Sumkinn; 123RF/Ahasof T2000

Library of Congress Cataloging-in-Publication Data

Names: Derousseau, Ryan, author.

Title: The everything guide to investing in cryptocurrency / Ryan Derousseau, regular contributor to Fortune and Money.

Description: Avon, Massachusetts: Adams Media, 2019.

Series: Everything.

Includes index.

Identifiers: LCCN 2018055599 | ISBN 9781507209325 (pb) | ISBN 9781507209332 (ebook)

Subjects: LCSH: Cryptocurrencies. | Bitcoin. | Electronic funds transfers. | Investments.

Classification: LCC HG1710 .D47 2019 | DDC 332.4--dc23

LC record available at https://lccn.loc.gov/2018055599

ISBN 978-1-5072-0932-5

ISBN 978-1-5072-0933-2 (ebook)

Many of the designations used by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book and Simon & Schuster, Inc., was aware of a trademark claim, the designations have been printed with initial capital letters.

This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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