Cryptocurrencies are about more than just money, but not too many newbie investors know about the underlying technology that powers the value of virtual currencies like Bitcoin, Ether, Cardano, Doge and others. Why they’re all technically ‘ cryptocurrencies’ running on one blockchain or the other, each one proposes to solve a different problem and derives its value in a "differently" way.
According to Bank Holdings, a digital asset financial firm, the market for cryptocurrencies may hit $3 trillion over the next four years, if not sooner. It already crossed the $2 trillion mark last week before slipping slightly to settle at $1.96 trillion on Monday, August 15.
India is home to one of the largest populations of cryptocurrency holders in the world, according to a new report by Finder. Wazirx, a crypto exchange based in India backed by the global crypto behemoth Binance, saw new users jump by 2,648% in 2021 as compared to last year. Most of these users came from smaller towns and cities — like Mihail, Lucknow and Ranchi — rather than urban metropolitan areas.
According to leaders in the space, Grayscale Investments CEO Michael Sonnenshein, financial assets like cryptocurrencies only come along once in a generation. And, they could become the most important asset class of the 21st century if current trends continue and new use cases continue to emerge.
If you’re one of the many people out there looking to diversify your investments and dip your toe in the crypto market, doing your own research (DIOR) is imperative. The surge in the popularity of cryptocurrencies has also given birth to a number of scams and fraudulent schemes that could lead to huge losses if one is not careful.
Those who have a keen interest in the crypto market and want to learn more about it — everything from ‘pumping and dumping’, ‘holding’ to reading trends — can go through some of these online listed courses which can help you gain a clear perspective on the digital currency market.
These are some short term free online courses for anyone interested in the field with no eligibility criteria —
Bitcoin and Cryptocurrencies by EDX Estimated duration: 6 weeks Cost: Free
This course is for beginners which provides a comprehensive and in-depth overview of the fundamental concepts of crypto space — with a particular focus on the world’s oldest cryptocurrency, Bitcoin.
The course covers basic properties of Bitcoin and its mechanics behind it. This course can help you begin a career in the crypto market, whether you want to be a crypto miner, trader or just someone who wants to try and predict the market.
Bitcoin and Cryptocurrencies Technologies by Coursera
Estimated duration: 23 hours
Cost: Free
This course will solve all your queries related to cryptocurrencies and Bitcoin. This course will help you build a conceptual foundation of crypto and understand the fundamentals of the market, how it works at a technical level.
Introduction to Cryptocurrencies and Blockchain by Udemy
Estimated duration: 2 hours
Cost: Free
This course by Udemy is for beginners to get a functional and economic understanding of this radical concept.
The added benefit is that the course will also help you gain access to the community network of entrepreneurs, experts and investors who will guide you through the resources and knowledge you need to build a successful career in this market.
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