Recommended Resources

0
76
Recommended Resources List

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:

CoinTelegraph

CoinDesk

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.

The New York Times: Beyond the Bitcoin Bubble

Programmable Blockchains in Context: Ethereum’s Future by Vinay Gupta


Cryptocurrency Exchanges

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)

The easiest on-ramp from USD is Coinbase (and its exchange, GDAX). See my Getting Started Guide if you’re looking to make your first cryptocurrency purchase.

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!

3. Bittrex

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

I occasionally use KuCoin (referral) and Cryptopia to obtain some rarer cryptocurrencies.

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.


Useful Websites

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.

CoinLib

CoinMarketCap

CoinCheckup.com

LiveCoinWatch

CoinGecko

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).

CryptoMarketCal.com provides a searchable calendar of upcoming important dates, including launches, meetups, and airdrops. AirDropAlert.com provides airdrop-specific info.

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.

Searching for ICOs: ICOBench, ICOAlert, and ICODrops all offer ICO databases. Be careful if you want to try your hand at investing in ICOs.


YouTube Videos and Podcasts

In Unchained and Unconfirmed, Laura Shin consistently features interesting and informative interviews with people involved in the crypto space. 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.

CryptoBobby and CoinMastery both keep it pretty casual as they discuss crypto news and their own rationale on investment strategies. YouTube or Podcast.


Books

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).


Security Solutions

I highly recommend a hardware wallet to keep your crypto safe. I use the Ledger Nano S, but Ledger’s other products or the Trezor will work great, too. If you’re unsure about hardware wallets, read about Cryptocurrency Wallet Types & Safety or my Review of the Ledger Nano S.

Ledger Nano S - The secure hardware wallet

Cryptocurrency Taxes

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.


Other Helpful Articles

The 95 Crypto Theses for 2018 are both funny and enlightening. Author Ryan Selkis also links to even more resources.

This article from CoinDesk provides some insight into investing in limited-utility tokens.