It's odd to think that over half a decade ago, hardly anyone had ever heard of cryptocurrency, let alone how bytes can equal dollars. Here we are in 2020, and there are millions of crypto traders around the world. Even traditional financial institutions have fallen under the enticing spell of digital currency.
Whether you're a seasoned cryptocurrency trader or a beginner who's enthralled with cryptocurrency and blockchain technology, there are plenty of resources to help you along your crypto journey. Whether you're looking for ways to trade or learn about trading, much of your success depends on the tools you utilize. Continue reading to learn what financial and software resources you need to get all you can out of cryptocurrency.
1. Crypto Classes
America is the land of opportunity, but you can only take advantage of those opportunities if you educate yourself about them. One of the main reasons that so many in the United States live from paycheck to paycheck is a lack of financial literacy. If you want to succeed at trading cryptocurrency, you owe it to yourself to learn as much about it as possible rather than spending cash on crypto and merely hoping you've made a wise investment.
There are plenty of excellent teachers digital currency trading can help you to learn everything from technical analysis of currencies to how to decide how many bytes of which cryptocurrencies to purchase. If you're willing to dedicate your Saturdays to becoming a better and smarter trader, you could join the thousands who've turned their dollars into bytes and back into millions of dollars.
2. CryptoVantage
Www.cryptovantage.com is much more than a domain name. For beginner and experienced traders, that domain name is an entrance to a vast world of crypto knowledge. If you're one of those traders who love to spend your Saturdays in crypto classes, monitoring the per-byte price of cryptocurrencies, and talking everyone's ear off about how intensive February was for Bitcoin traders, CryptoVantage is for you.
Whether you've been trading for years or you just got your digital wallet and haven't purchased your first coin, CryptoVantage has all the information you need to make the most of your crypto experience. So bring your intensive February, or your beginner's luck, to CryptoVantage to learn what's going on in the markets and stay up to date on the latest trends and developments.
3. Cryptocurrency Debit Cards
With the explosion of Bitcoin, the entire cryptocurrency market is growing at an exponential pace. It seems like there's always something big in the works, and right now, crypto credit cards are the next big thing.
Cryptocurrency debit and credit cards have been out for a while. Their main benefit is that they make it easier for traders to convert their digital currency into fiat money. Normally, it can take days to convert your digital coins into dollars and then put that money into your banking account where you can access it.
With cryptocurrency debit cards, you can use the coins in your digital wallet like fiat money. However, there is one major difference between a Bitcoin debit card and a regular one. Being that the value of Bitcoin fluctuates like the stock market, sometimes daily, the amount of money you have to spend can fluctuate as well.
As mentioned, crypto credit cards are the latest buzz in the world of digital currency. These credit cards will work like normal ones, but they'll offer cashback rewards in the form of Bitcoins or whatever altcoin you prefer. And surprise, surprise—there's already a waiting list for cryptocurrency credit cards.
4. Discussion Forums
One of the best resources for digital currency traders is cryptocurrency discussion forums. These forums bring together millions of traders from all over the world to connect and share their experiences.
By joining a forum, you can become part of a network of traders who all have the same goal as you. You can bounce ideas off each other and even team up to make trades or buy coins. The more connected you are to the cryptocurrency world, the more insight you'll gain into coming trends and developments.
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