The cryptocurrency industry is moving a mile a minute; don’t worry if you can’t stay on top of everything that’s happening.
The following list of resources have helped me keep a finger on the pulse of the crypto world, and I hope they can help you along your crypto-journey, too.
I want you to know that I am an affiliate for a few of the products or exchanges listed below. I do not recommend these products and exchanges because they offer affiliate programs, but because I personally use them and find value in them. If you choose to click on a referral link, thank you; it allows me to continue publishing content with fewer ads. If you don’t click the referrals, I still recommend checking out the services listed.
Written News Sources
Cryptocurrency is in its infancy, so be careful with what sources you trust. Many people are only trying to talk up their investments and the “news” sites (mainstream & crypto) don’t always have the full story. That being said, I’ve found the following sites to be pretty helpful when I need a broad overview of what’s going on:
MIT Technology Review’s Chain Letter sends an email twice a week with the most impactful headlines, always providing deeper explanation into at least one story. Coverage isn’t as broad as the two sites above, but quality is higher.
Understanding the Potential of Cryptocurrency
Each of the following articles discusses the evolution of the internet and explains why blockchain (the tech behind most cryptocurrency) is set to disrupt existing systems, all while using language that’s not overly technical. Both are 20-30 minute reads, and anyone interested in crypto should read at least one of the them.
Coinbase has been my go-to if I’m putting USD into crypto, and I think over 90% of my trading has been done on Binance or Bittrex. Between them you can access a wide variety of cryptocurrencies.
1. Coinbase/GDAX (referral)
2. Binance (referral)
Binance is the first place I look when I want to trade crypto. I like the basic and advanced exchange settings, variety of coins, and 0.05% fees if you use the native BNB token to pay fees. Plus you only need an email to sign up!
Bittrex was my first exchange after Coinbase. It has a huge number of BTC pairings and dozens of ETH pairings. Fees are higher at 0.25%, and I prefer the interface of Binance, but I still do a good deal of trading on Bittrex because of the sheer number of BTC pairings it has.
Other Useful Exchanges
Shapeshift allows you to trade about 50 different major cryptos without signing up for an account. It’s integrated into a few wallets, such as Exodus and Jaxx. While I don’t use it often, I think the exchange/wallet combination is great for beginners looking to build a position in a few major cryptos without having to deal with exchanges. See my guides for Setting Up a Private Wallet and Using Shapeshift for tutorials.
For Market Information:
For checking prices, coin supplies, and market capitalization (a must for any investor), the following websites offer a wealth of information. Some offer increased functionality such as news feeds and alternative ranking systems.
Note that worldwide average prices may be slightly different on each site. Some sites do not include information from exchanges that are trading at abnormal prices in their calculations.
Other Web Resources:
TradingView is a fantastic free resource to look at charts and apply technical analysis indicators. (See DataDash’s videos for great TA tips).
CryptoMiso allows quick visual representation on Github (development) activity.
Blocktivity examines actual blockchain usage (transactions per day) versus blockchain capacity. If more projects are added as time goes by, we should be able to monitor adoption and the need for scalability in one central location.
YouTube Videos and Podcasts
DataDash provides frequent market updates, reviews, trading tips, and technical analysis guides. YouTube.
The Bad Crypto Podcast is a full-on radio show with news, interviews, questions from the mailbag, cheesy jokes, and the occasional song; the hosts have created a rare mix of entertainment and moderately serious coverage of the crypto world. Podcast.
Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond introduces the reader to cryptoassets and explains why they matter to both society and an investment portfolio.
Bitcoin evangelist Andreas Antonopoulos has over 200 talks on YouTube regarding Bitcoin and blockchain and why they matter. The Internet of Money Volume One and Volume Two pull from these talks to give a comprehensive view of the importance of blockchain technology.
Privacy on the Internet
The Brave internet browser increases your surfing speed and privacy by blocking ads and trackers. In an update planned for May 2018, Brave will provide further privacy protection by using the Tor network for its private tabs.
What’s more, the Brave browser aims to revolutionize the advertising industry by keeping private data private and paying ad-viewers for their time spent watching ads.
Read my review of the browser and forthcoming advertising system, or get the browser here (referral).
CoinTracking (referral) and Bitcoin.tax are both reputable services for creating tax reports. I personally use CoinTracking because it links with your exchange and wallet accounts, tracks your portfolio on a daily basis, and even syncs with a feature-filled mobile app (no longer do I have to enter individual trades on Blockfolio or Delta). Read my post on crypto taxes and CoinTracking.