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10 Sep 2020

Bitcoin beginners: What are the best resources?

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This article is not intended to be financial, investment or trading advice. This article is for information and solely for education purposes. It does not protect against any financial loss, risk or fraud.

When it comes to Bitcoin, information is everywhere. And sometimes – especially online – it seems like everyone has an opinion. 

So how do you find the places offering reliable information from people who know what they’re talking about?

To help out, we’ve crafted a list of some of the best places to learn about Bitcoin, so that you can sharpen your skills and brush up on your knowledge – using only the best sources.

A strong foundation: Books on Bitcoin

It’s easy to feel you’re ready to jump straight into Bitcoin buying and selling. But if you’re serious about crypto, reading some of the fascinating and well-researched books on Bitcoin and other cryptocurrencies is a great way to develop your knowledge from the ground up.

Books are often the best way to grasp the broader concept of a complex topic before diving into the details. Luckily, there are plenty of excellent books out there to help you learn more. 

Examples include: The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous; Mastering Bitcoin: Programming The Open Blockchain, by Andreas Antonopoulos and Essays on Bitcoin, Compiled by John Gleeson.

Expert advice and up-to-date info: Bitcoin blogs

There are some great Bitcoin blog series out there offering unique takes and analyses from the pros. Use these to hear from leading voices in cryptocurrency about what’s going on in the markets.

From price and data insights to more thoughtful takes on the way Bitcoin impacts our lives, blog series are a great way to gather perspectives on the constantly evolving world of Bitcoin.

a man learning from a laptop and writing down notes

Like to listen? Try podcasts

If you enjoy listening to podcasts, you can get some helpful tips and analysis on a number of great shows. The Bad Crypto Podcast, What Bitcoin Did and Unchained are all worth a listen but there are many more out there.

Trusted guides 

New traders should always make sure to do lots of research, avoiding bad exchanges and learning as much as they can about how to trade wisely. 

Lots of objective information is available to help you make informed choices. For example, Jameson Lopp’s Bitcoin Information and Resources can be very helpful for traders of all levels.

a girl learning from a laptop and writing down important notes

Love learning? Go for online courses

You can learn just about anything online these days and Bitcoin is no different. If you’ve got the time, taking a course in Bitcoin can really pay off. 

Better yet, there are plenty of options to choose from. Some courses are short, while others can last for weeks or months. Choose the number of hours that’s right for you. 

Some great places to get started include Coursera (try Bitcoin and Cryptocurrency Technologies), Udemy, edX courses, Khan Academy as well as Bitcoin for Beginners – a well-known YouTube series.

Data deep dive: charts and more

Once you’ve got a good grasp of the basics, why not put what you’ve learned into practice? Metrics websites and open-source analytics tools are great for tracking real-time data and performing data analysis. 

Some examples include: Coinmetrics (providing great data charts, graphs, insights, and analysis); Messari/OnChainFX, BitcoinVisuals, BitcoinWisdom and Blockhain.com.

If you have a Skrill account, you can also track live cryptocurrency prices from within your app.

Learn about Skrill for crypto

Getting started with cryptocurrency

With so many great resources available, it’s easy to learn the basics of Bitcoin. Browse through the resources above and check out our own cryptocurrency articles to build your knowledge of Bitcoin and other cryptocurrencies.

Plus, connect with us on social media for crypto news, games and competitions. We run regular quizzes on our Instagram where you can win cash in return for answering questions about cryptocurrency.

Cryptocurrencies are complex products with high price volatility. They are unregulated, without consumer or financial protections. Only risk what you can afford to lose.

For more information, please go to the Skrill Cryptocurrency Risk Statement and the Skrill Cryptocurrency Terms of Use

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