Cryptocurrency Investing for Dummies

Title Page
Copyright Page
Table of Contents
Introduction
	About This Book
	Foolish Assumptions
	Icons Used in This Book
	Beyond the Book
	Where to Go from Here
Part 1 Getting Started with Cryptocurrency Investing
	Chapter 1 What Is a Cryptocurrency?
		Beginning with the Basics of Cryptocurrencies
			The definition of money
			Some cryptocurrency history
			Key crypto benefits
			Common crypto and blockchain myths
			Risks
		Gearing Up to Make Transactions
			Wallets
			Exchanges
			Communities
		Making a Plan Before You Jump In
			Select your cryptos
			Analyze, invest, and profit
	Chapter 2 Why Invest in Cryptocurrencies?
		Diversifying from Traditional Investments
			Stocks
			Bonds
			Forex
			Precious metals
		Gaining Capital Appreciation
			Historical returns
			Huge growth potential
		Increasing Income Potential
			A bit about traditional dividends
			The basics on crypto dividends
		Fueling Ideological Empowerment
			The economy of the future
			Freedom from government control of currency
			Help for the unbanked and underbanked
	Chapter 3 Recognizing the Risks of Cryptocurrencies
		Reviewing Cryptocurrency Returns
			Capital gains (or losses)
			Income
		Risk: Flipping the Other Side of the Coin
		Glimpsing Cryptocurrencies’ Reward versus Risk
		Digging into Different Kinds of Risk
			Crypto hype risk
			Security risk
			Volatility risk
			Liquidity risk
			Vanishing risk
			Regulation risk
			Tax risk
		Exploring Risk Management Methods
			Build your emergency fund first
			Be patient
			Diversify outside and inside your cryptocurrency portfolio
	Chapter 4 Looking Under the Hood: Blockchain Technology
		Breaking Down Blockchain Technology Basics
			What is a blockchain, and how does it work?
			How does a blockchain secure itself?
			Why is blockchain revolutionary?
		Perusing Problems with Blockchain
			Scalability problems
			Environmental problems
			Fraud problems
			Political problems
		What Can Blockchain Be Used for?
			Payments
			Voting
			Supply chain monitoring
			Identity verification
			Legal ownership of stuff
			Healthcare
			Entertainment
			Energy
			Internet of Things (IoT)
	Chapter 5 How Cryptocurrencies Work
		Explaining Basic Terms in the Cryptocurrency Process
			Cryptography
			Nodes
			Mining
			Proof-of-work
			Proof-of-stake
			Proof-of-importance
			Transactions: Putting it all together
		Cruising through Other Important Crypto Concepts
			Adaptive scaling
			Decentralization
			Harvesting
			Open source
			Public ledger
			Smart contracts
		Stick a Fork in It: Digging into Cryptocurrency Forks
			What is a fork, and why do forks happen?
			Hard forks and soft forks
			Free money on forks
Part 2 The Fundamentals  of Investing in Cryptos
	Chapter 6 Cryptocurrency Exchanges and Brokers
		Distinguishing Crypto Exchanges
			Centralized exchanges
			Decentralized exchanges
			Hybrid exchanges
			How to choose an exchange
		Considering Brokers
			How brokers work
			The pros and cons of using a broker
			How to choose a broker
		Looking at Other Methods for Buying Cryptos
			Funds
			Credit card
			PayPal
			Cash
			Cryptocurrency ATMs
	Chapter 7 Using Cryptocurrency Wallets
		Defining Cryptocurrency Wallets
			A few important terms
			How a wallet works
		Looking at Different Types of Wallets
			Online wallet
			Mobile wallet
			Desktop wallet
			Hardware wallet
			Paper wallet
		Choosing a Crypto Wallet
			Based on security
			Based on your crypto ownership
			Based on transaction fees
			Based on anonymity
		Keeping Your Wallet Secure
			Back up your wallet
			Have multiple wallets
			Add more security levels
			Update your software
			Remember where you hide it!
	Chapter 8 Different Types of Cryptocurrencies
		Celebrating Celebrity Cryptocurrencies by Market Cap
			Bitcoin
			Ethereum
			Ripple
			Litecoin
			Other top ten major cryptos
			Top 100 major cryptos
		Cryptocurrencies by Category
			Payment cryptos
			Privacy cryptos
			Platform cryptos
			Exchange-specific cryptos
			Finance/fintech cryptos
			Legal and property cryptos
	Chapter 9 Identifying Top Performing Cryptocurrencies
		Introducing the Invest Diva Diamond Analysis
		Using Fundamental Analysis to Pick Cryptocurrencies
			Go with what you know
			Choose the right categories
			Check out cryptos’ websites
		Choosing Cryptos with Sentimental Analysis
			Key sentimental elements
			Stuff to check in the news
		Trying Technical Analysis to Select Cryptos
	Chapter 10 Diversification in Cryptocurrencies
		Breaking Down Some Basics on Diversification
			What is traditional diversification?
			How does diversification reduce risk?
		Using Cryptocurrencies in Long-Term Diversification
			Diversifying with non-cryptocurrencies
			Diversifying among cryptocurrencies
		Tackling Diversification in Short-Term Trades
Part 3 Alternatives to Cryptos
	Chapter 11 Getting Ahead of the Crowd: Investing in ICOs
		Understanding the Basics of Initial Coin Offerings
			How an ICO works and how to start one
			ICOs versus IPOs
		Investing in an ICO
			Finding ICO listings
			Analyzing an ICO listing
			Outlining the ICO investment process
			Holding your tokens after your purchase
		So You Want to Start an ICO: Launching an ICO Yourself
			Understanding the challenges
			Taking a few steps before the launch
	Chapter 12 Cryptocurrency Mining
		Understanding How Mining Works in a Nutshell
		Discovering What You Need to Mine
			Before you begin: The mining profitability of different cryptos
			Mining hardware
			Mining software
			Mining pools
			A mining setup example
			Diving in and making sure mining is worth your time
	Chapter 13 Stocks and Exchange Traded Funds with Cryptocurrency Exposure
		Looking for Stocks with Exposure to Cryptos
			Fundamentals
			Market sentiment factors
			Other considerations
		Considering Cryptocurrency and Blockchain ETFs
			Getting an overview of blockchain ETFs
			Keeping an eye on other indexes
	Chapter 14 Cryptocurrency Futures and Options
		Focusing on the Fundamentals of Futures
			Futures’ features
			Financial futures
		Introducing the Basics of Options
			Futures versus options
			Puts and calls
			Risks
		Understanding Cryptocurrency Derivatives Trading
			The advantages of crypto derivatives trading
			The advantages of crypto derivatives for the industry
			Trading resources
	Chapter 15 Dealing with the Dollar and Other Fiat Currencies
		Considering the World’s Reserve Currency: The U.S. Dollar
			Focusing on factors that affect the U.S. dollar
			Looking at Bitcoin versus the U.S. dollar
		Examining the Euro and Other Major Currencies
			The euro and the British pound
			Safe havens: The Swiss franc and the Japanese yen
			The Aussie, Kiwi, and Canadian dollars
		Comparing the Forex Market and the Crypto Market
			The similarities
			The differences
			Resources for forex trading
Part 4 Essential Crypto Strategies and Tactics
	Chapter 16 Using Technical Analysis
		Beginning with the Basics of Technical Analysis
			The chart art
			The time factor
			The psychology factor: Trends
		Spotting the Key Levels
			Support levels
			Resistance levels
			Trends and channels
			When the trend is no longer your friend
		Picking Out Patterns on a Chart
			Bullish reversal patterns
			Bearish reversal patterns
		Smoothing Charts Out with Moving Averages
			Basic moving averages
			Sophisticated moving averages
	Chapter 17 Short-Term Trading Strategies
		Distinguishing Three Short-Term Time Frames
			Profiting within hours
			Profiting within days
			Profiting within weeks
		Trying Short-Term Analysis Methods
			Deciphering chart patterns
			Using indicators
			Avoiding illegal pump-and-dump stuff
		Managing Short-Term Trading Risk
	Chapter 18 Long-Term Investing Strategies
		Time Is on Your Side: Getting Started with Long-Term Investing
			Your personal goals and current situation
			Your portfolio’s objectives
		Creating Long-Term Strategies
			Observing psychological levels
			Selling when you reach your goal
			Keeping tax consequences in mind
		Considering Limit and Stop-Loss Orders
			Limit orders
			Stop-loss orders
	Chapter 19 Minimizing Losses and Maximizing Gains
		Keeping the Losses Down
			Measuring returns
			Monitoring exchange fees
			Understanding the art of getting out
		Letting the Profits Rise
			Buying at the bottom
			Knowing that patience is a profitable virtue
			Identifying the peaks
			Finding peaks and bottoms with a few trading tools
	Chapter 20 Using Ichimoku and Fibonacci Techniques
		Getting a Handle on Ichimoku Kinko Hyo
			The components of Ichimoku Kinko Hyo
			Ichimoku interpretations
		Introducing Fibonacci Retracement Levels
			Some background on Fibonacci
			How to insert Fibonacci retracement levels into your chart
		Combining Ichimoku and Fibonacci Techniques
	Chapter 21 Taxes and Cryptocurrencies
		Distinguishing Three Types of Crypto Taxes
			Income taxes
			Long-term capital gain taxes
			Short-term capital gain taxes
		Minimizing Your Crypto Taxes
			Lowering your mining income tax
			Reducing your trading tax
			Bringing down your capital gain taxes
			Checking the rate of your state
		Evaluating Taxable Income from Crypto Transactions
			Tracking your crypto activity
			Handling crypto forks
			Reporting international crypto investments
Part 5 The Part of Tens
	Chapter 22 Ten Considerations Before Getting Started with Cryptocurrencies
		Don’t Get Too Excited
		Measure Your Risk Tolerance
		Protect Your Crypto Wallet
		Find the Best Crypto Exchange/ Broker for You
		Determine Whether You Should Invest Short Term or Long Term
		Start Small
		Follow the Cause
		Mull Over Mining
		Look into Investing in Other Assets First
		Get a Support Group
	Chapter 23 Ten Possible Moves When Your Crypto Portfolio Is Down
		Do Nothing
		Reevaluate Your Risk Tolerance
		Look at the Big Picture
		Research the Fundamental Reasons the Crypto Is Down
		Consider Hedging
		Diversify within Crypto Assets
		Diversify across Other Financial Assets
		Exchange with a Better Crypto
		Think about Adding to Your Current Position
		Contemplate Cutting Losses
	Chapter 24 Ten Challenges and Opportunities for Crypto Investors
		New Cryptos on the Block
		Finding Economic Data
		Regulations
		Hackers
		Bubbles
		A Down Market
		New Currencies and Projects
		Diversification
		Falling in Love with a Crypto
		Using Invest Diva Diamond Analysis
Part 6 Appendixes
	Appendix A Resources for Cryptocurrency Investors
	Appendix B Resources for Personal Portfolio Management
Index
EULA