One of the amazing things about Bitcoin, blockchain, and cryptocurrencies is the novelty of the technology and its practical implementations. Although there were many early adopters, the ecosystem as a whole requires a lot of learning, especially for those looking to catch up.
Newbie investors jump in with the mindset of “Buy low – Sell High” and think that’s all to investing.
Getting fingers burnt then becomes the wailing-tale when an investor jumps into the cryptocurrency market without guidance, poor money management, and shabby technical analysis. The FX market also differs from the Crypto market and hence should not be viewed the same way.
Key Takeaways
• A large number of investors ignore Bitcoin courses and rely on their instincts. Many turn to crypto signals instead of courses.
• Henry Harvin, Udemy, and Coursera offer a wide range of Bitcoin courses for beginners as they are the first choice when it comes to several quality courses available for those interested in learning about Bitcoin.
Fundamental Bitcoin Courses for Beginner Investors
1. DFIN 511: Introduction to Digital Currency (offered by UNIC)
This free online course is taught by Andreas Antonopoulos (Author of Mastering Bitcoin) it is the first course of the Masters in Digital Currency offered by UNIC.
It puts Bitcoin and cryptocurrencies in the broader context of monetary history before discussing the practical implementation of Bitcoin, other cryptocurrencies, and the evolving relationship between digital currencies and financial institutions and the world at large.
There is no prior knowledge of cryptocurrency required to immerse yourself. In the end, there is a final exam that tests your understanding of the concepts taught.
2. Coinbase Learn
This simple set of interactive cards is a great resource for those who want to cover the basics of cryptocurrency, from buying and selling to mining in a short amount of time.
Aside from a slight announcement by Coinbase as safe and regulated, the mini-course remains an objective resource that covers a lot in a surprisingly intuitive and concise manner.
A great resource to share with absolute beginners who are short on time and want to get to know Tag quickly.
3. Coursera (Bitcoin and Cryptocurrency Technologies)
This free Coursera course introduces the basics of crypto and then links them to the basics of Bitcoin. In videos, the course instructor explains how decentralization is implemented in practice, how Bitcoin mining works, and how Bitcoins are stored. Then a brief explanation is given on altcoins and the future of space.
The course is offered by Princeton University and although no certificate is presented for the degree, the knowledge and presentation serve as a useful introduction to cryptocurrencies and the principles of Bitcoin, with an emphasis on Bitcoin security.
An assistant professor of computer science at Princeton, which focuses on the security and stability of Bitcoin, so of course his Coursera course focuses on that.
You’ll want to learn more about the rest of the ecosystem outside of Bitcoin elsewhere, but other than that, this is a solid resource.
4. EdX (Bitcoin and Cryptocurrencies)
This UC Berkeley EdX course differs in that it also features a section devoted to the Ethereum virtual machine, along with a special section devoted to game theory focused that is required for the attacking Bitcoin Blockchain.
A new approach to enumerating the system’s theoretical security traps. Interestingly, the course, like other EdX courses, is free to audit and take, but it costs money ($99) if you want a verified certificate to prove graduation.
SEE ALSO: 6 Best Blockchain Certification Training Right Now
5. 101 Blackboard Series
This YouTube series focuses on some specific technical elements within Bitcoin, from the components of private keys to managing the scaling and centralization risks sometimes associated with the combination of Bitcoin and cryptocurrencies.
6. Cryptoeconomics Textbook
This mini textbook course offered by the Ivey Business School in Canada (affiliated with the University of Western Ontario) focuses on an intensive course on Bitcoin as part of the economic implications and aspects of Bitcoin’s activities. Think of it as a Bitcoin mini crash course that is also related to its broader economic impact.
7. Henry Harvin Bitcoin Course
Here there is an opportunity for you to engage in Bitcoin training with projects + focus on learning while working. Once you are done with that, you then get a globally recognized certificate as a Certified Bitcoin Specialist (CBS).
You can use it as a symbol of your experience in this area with your name, for example, Sandeep Kumar (CBS). It also has an affiliate program where you can endorse their course at a nominal rate and earn a commission for every referral.
Once you have enrolled in their Blockchain Academy, you will have the opportunity to participate in different batches with different trainers.
This means that during your membership period you can have unlimited repetitions of the Certified Bitcoin Professional Training Course without paying anything extra.
Projects including Blue Wallet, BTCPay Server, Coinkite, Swan Bitcoin, and many more are available in Henry’s Bitcoin training.
You can rely on the unique learning management system and use the Moodle app on your phone to get access to the certified Bitcoin Professional training course.
8. Bitcoin Price Prediction using Facebook Prophet
In this 1.5-hour project-based course, you will learn how to build a Facebook Prophet Machine Learning Model and use it to forecast Bitcoin prices for the next 30 days. Here they start by importing all of the required libraries, including Facebook Prophet.
Then they import and analyze their dataset. Then, to comprehend Bitcoin’s historical performance, they will begin creating visualizations in Plotly express. Then, they prepare their data for Facebook Prophet and build a Facebook Prophet Machine Learning Model. They will then feed our prepared data into the Facebook Prophet Model and instruct it to generate a forecast for the next 30 days.
The forecast will then be visualized using the Prophet’s internal visualization tools, and the forecast data will be downloaded. In the final section, they will go to Google Sheets and learn how to extract Bitcoin financial data using Google Finance. They will then import the Forecast data into Google Sheets, compare it to the actual data, and evaluate the Model’s performance.
Please keep in mind that, while this project deals with Bitcoin and teaches how to make price predictions, it is only for educational purposes and should not be construed as financial advice because cryptocurrencies like Bitcoin are extremely volatile and speculative.
SEE ALSO: Amazing Blockchain Developer Salaries Around the World
8. Bitcoin for Beginners: Your Quick Start Guide to Bitcoin
This is the most practical and beginner-friendly Bitcoin course available today, discussing Bitcoin without jargon.
It’s the only place where you can learn everything you need to know about Bitcoin from the ground up while also feeling confident that you’re learning from a reliable source!
This is an effective and practical course that will take you from being unfamiliar with the Bitcoin field to feeling confident in explaining the fundamental concept of Bitcoin to others.
While there are numerous Bitcoin blogs on the internet, it is difficult to find a short, practical, and to-the-point course that assists newcomers in getting started with Bitcoin by taking the path of least resistance.
Nothing is kept hidden as it reveals everything about Bitcoin’s fundamentals, and as the fundamentals of Bitcoin evolve, you can be confident that this course will be kept up to date for you.
This Bitcoin for Beginners course is intended for anyone who wants to learn the fundamentals of Bitcoin. So, if you’re a total newbie or someone who is aware of Bitcoin but doesn’t understand how it works, you’ve come to the right place.
Frequently Asked Questions (FAQ)
1. How do I start studying Cryptocurrency?
You have to do your research, a lot of research in this case, learn market trends and understand some key market terms then formulate a plan. As a beginner it’s wise you start with investing little.
2. Is Cryptocurrency hard to learn?
Well, it depends on your determination. For some, cryptocurrency is difficult to grasp while others understand the terms and the trends almost instantly.
3. Does Bitcoin trading work?
Yes, it does, as it is a legitimate way to earn money although you need to do your assignment well enough before you begin trading.
4. Can you lose money through Bitcoin?
Yes, you can lose money through Bitcoin. You see, due to its volatility, you could sometimes make massive gains and other times lose a lot of money in the process.
5. Is there any specialized course for Bitcoin?
The courses listed in this article all provide relevant information on Bitcoin. Hence if you are a beginner, I suggest you check this article and pick a course based on your preference and begin your journey into the world of Bitcoin.
Final Thoughts
Learning and understanding how Bitcoin and other cryptocurrencies work is key to you developing yourself and becoming adept in the world of digital currencies.
Thankfully, today there are many courses out there including the ones listed here willing to go all the way to engage all comers and provide helpful resources that would aid one’s journey into becoming a cryptocurrency expert.
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