Smart ways to learn about cryptocurrency

Smart ways to learn about cryptocurrency
by Clarence Oxford
Los Angeles CA (SPX) May 06, 2025

The emergence of crypto has been one of the most significant transformations in the past few years. It all started with Bitcoin, the first decentralized digital currency launched in 2009, and since then, the ecosystem has only continued to grow. More projects emerged with new applications and unique features, and investors shifted their attention from Bitcoin to BNB price and Ethereum's smart contracts.

Since the launch of the first cryptocurrency, the industry has been always evolving. From wild price swings and new projects to new Smart ways to learn about cryptocurrency-making news and regulations, it seems like there's always something popping up. This can make it challenging for those interested in crypto to get on board, especially since the underlying technology isn't easy to grasp.

Thankfully, there are resources out there that will make this journey easier for you. Below, we will offer some tips on how to learn the ins and outs of crypto at your own pace, so read on!

Use reliable sources

Not all crypto sources are reliable, so this is something you should keep in mind when navigating this industry. Crypto is a relatively new space, with a regulatory framework that is always evolving, and lots of opinions are spreading easily through social media platforms. This means there's a high probability of reading misleading information, which is why you shouldn't believe everything without ensuring it is accurate. But how can you know if a source is trustworthy? As a crypto newbie, it's best to learn the fundamentals from established crypto providers, as they offer videos, articles and learning materials on how digital assets work. YouTube can also be a helpful resource, offering whiteboarding and different visual explanations that can make it easy to grasp advanced concepts.

However, keep in mind that the quality of information isn't necessarily the best always, as everyone can make a video to express their opinions on crypto, no matter what their experience is in the industry. In other words, if you choose this route, remember to do further research instead of taking a single source as truth. As a rule of thumb, you should always read content from various sources, as this will offer you multiple perspectives, and so you will not get caught up in viewpoints that are either too optimistic or too pessimistic.

Master the basics first

Regarding the basics of crypto, it's essential first to prioritize concepts like blockchain and mining, as everything in crypto is based on these technologies, as well as understanding how cryptocurrencies and decentralization work. Most crypto projects are built on these concepts, which is why you should begin your learning journey with them. While it's true that they can be quite complicated, grasping their nuances will make it easier to digest new crypto innovations and developments. As you do your research, you will come across advocates who believe crypto is revolutionary, but it's essential also to spend time researching the arguments against crypto.

Understanding why some people are skeptical about cryptocurrencies can turn out to be helpful because it will offer you some insights into the risks of investing in this new asset class, and at the same time, it will make it easier to decide whether buying crypto is right for you. Once you've understood the basics, make sure to explore concepts such as NFTs, smart contracts, staking, stablecoins and DeFi, metaverse, and Layer 2 blockchains. These concepts are among the most popular applications of the blockchain, which aim to offer a solution to real-world problems.

Understand the logistics

Once you've understood the fundamentals of crypto, it's time to learn what's involved in buying it. Unlike traditional assets, crypto is more vulnerable to market manipulation. Furthermore, crypto holders don't have the same regulatory protections as registered securities, and the future regulatory environment is also uncertain at the moment. If you decide to buy crypto, it's essential to become familiar with some concepts that will help you safeguard your funds.

Compared to traditional assets, when holding crypto, you are the one who must ensure that your funds won't be lost or stolen. To this end, it's imperative to learn about crypto wallets and how they work and follow basic cybersecurity rules. Furthermore, you want to understand how to choose a custodian, as not all of them are trustworthy, and you want to ensure you're making the right decision, given that they are responsible for safeguarding your access to your crypto. Lastly, it's essential to take the time to understand potential tax implications as well, as this will offer you a perspective on how your holdings are treated.

Stay on top of the news

In the crypto world, news breaks immediately on social media, and one of the best ways to stay on top of the latest developments is to follow thought leaders online. Compared to many Web 2.0 companies, crypto projects' founders are active on social media platforms, and they give regular updates on their projects. Outside of Bitcoin, many development teams behind crypto projects, exchanges, and DeFi ventures use their social media platform as a personal blog, interacting with users and sharing exciting news with them.

However, keep in mind that not everyone who claims to be a crypto founder is trustworthy, so you should take what you read with a grain of salt. Furthermore, it is smart to follow certain thought leaders who offer helpful commentary on the implications behind what's announced in the news.

Keep an eye on crypto prices regularly

Crypto prices have seen massive price fluctuations historically, and even if you believe that blockchain is the future, it's important to remember that the industry is still new, and the value of crypto projects can go up and down in a very short time. Hence, you should get a feel for the crypto market by monitoring the price of Bitcoin on a regular basis, helping you understand what it would be like to hold it in your investment portfolio.

Also, consider keeping an eye on other digital assets with a market cap below $1 billion. These smaller coins can experience more fluctuations than Bitcoin, and you want to understand how they perform before you add them to your portfolio. You can use a crypto exchange to see the real-time prices of the crypto assets you're interested in.

The bottom line

Learning about crypto can seem daunting, but as you can see, it is possible to get started with it in a way that feels comfortable to you. As you navigate the industry, keep in mind to be alert and always use your judgment when making a decision. Don't fall for the hype and check multiple sources to decide whether a project is worth your hard-earned money.