After being in the space for a couple of years it's clear to me nobody knows what they are talking about when it comes to investing in crypto. There are experts in how the tech works but when comes to investing everyone is relying on patterns in the chart (technical analysis). I have only 1-2 channels that delve into fundamental analysis of altcoins.Guriko said:This is probably a ludicrous post in 2020 but still…
Would you guys be willing to direct me towards a book/site/Youtube/Bitchute etc. channel where I could get some solid fundamentals regarding crypto-currencies?
When it came onto the scene I observed it, read about it in articles, listened to some podcasts, but never participated or studied it with much rigor due to the fact that I was finishing up my MD and started working.
I don’t plan on becoming rich via crypto but I’d like to diversify some of my funds into it and use to it to support creators on our side with an added layer of anonymity (if it still exists).
I’m not looking for step by step guides, but I stopped asking my friends who are supposedly knowledgeable about it because for every question I pose I get about 5 different answers and it starts to get confusing.
Thanks in advance!
these are the channels I would cycle through that had reasonably decent content regarding technical analysis: the moon, mmcrypto, Alessio rastani. The only channel I've seen that has anything resembling fundamental analysis is Chico Crypto. I personally just listen to what retired hedge fund managers (like raoul pal) have to say regarding the macroeconomics of bitcoin, since the entire space follows it and I don't see another altcoin mania against unless it surpasses it's previous all time high of 20K USD.
I know you just started working as a graduate and you are probably poor af with low pay/rent/loans but I would still put a portion of your earnings into bitcoin or top 15 alt-coins now before the market goes hyperbolic again. Speculators that got into the space early have consistently got bigger gains despite having little to no understanding, knowledge, or ability to trade. I would personally buy BTC since that will be the initial mover and the most conservative one. After it goes past 20k I can see alt-coins out performing it once again.
With anonymous payments there's Monero (XMR).