Disclosure: I received this complimentary product (Decrypting Cryptocurrency) through Jenkins Group, Inc. Affiliate Links will be used, thank you for your support of my blog, costs you nothing to do so, and is so much appreciated. 🙂
So my hubby has been learning about cryptocurrency from one of his co-workers. This fellow has been kind enough to gift him with some crypto.  He’s been having fun learning and so has encouraged me to learn a bit as well. So when Ascot Media asked if I’d like to review Decrypting CryptoCurrency I said sure! I find it difficult to learn about blockchains, tokens and such, it’s a whole new language and I’m not as young as I used to be. Magnus Carter takes his time helping new people understand the terminology and it is good!
Discovering more about Decrypting CryptoCurrency
Decrypting CryptoCurrency: Riding the data path to financial freedom was put together by Magnus Carter. Magnus Carter started to work when he was 12 years old. As he matured, he discovered that not only do you need to work for money, you need to have your money work for you. And so he shares with us, some of what he has learned about working with Cryptocurrency.Â
Running at 177 pages, you won’t find it a long hard read.  Legendary Products & Services, LLC in publisher provides lots of white space and clear headings to make the reading easier. Nine chapters round out the pages, along with a big bibliography (149 entries). This enables the reader to continue researching this fascinating field of currency.Â
Don’t you just love when an author breaks down educational text into smaller segments? Each chapter has many smaller sections often closing with a “fact” section. This section brings clarity to specific concepts presented.
Mr. Carter makes a point of telling us frequently to not invest money we aren’t willing to lose. You need to carefully consider not only the possibilities but also the risks. Crypto could completely take off and you could get a fair amount of money out of it. BUT, just as with stocks and bonds, you need to consider, what happens if I lose my money? Crypto really is just another way to make money.
Magnus Carter takes his time helping new investors learn the lingo of cryptocurrency. There really is a lot to learn about how blockchains work, what a token is, and what the different styles of crypto are etc. Crypto is all digital and the different types are developed to solve problems or do specific tasks. Take your time reading, go over it again until you have it straight, and then consider if you want to invest.
I use Wealthsimple and Coinbase. One of the things I love about Coinbase is that you can earn crypto simply by doing their learn-to-earn activities. But for ease of use, I like Wealthsimple better. 🙂 I have risked very little! 🙂
Add it to your shelves?
As I’ve only done a wee bit of research into cryptocurrency I can’t tell you if Decrypting CryptoCurrency is a fantastic book or not. I can tell you that Mr. Carter has helped me gain a broader understanding of this new financial tool.  He walks the reader through everything he can think of and has therefore given me more peace of mind. That’s worth something yes?Â
Just as with any method to making money, only risk what you can afford to risk. Just as you’d take your time buying a house, investing in a business, or finding stocks and bonds. Take your time. There are a fair number of scams out there, so research, study, and then make a wise investment.Â
I will most likely have my lad read this book for grade 12 just so he has a firmer understanding of this new market. Part of preparing him for adulthood eh?Â