In Shakespeare's play The Merchant of Venice, the conniving Shylock demonstrated the art of money lending and of building wealth.
"Shall I bend low and in a bondman's key,
With bated breath and whispering humbleness,
Say this: Fair sir, you spit on me on Wednesday last;
You spurned me such a day; another time you called me dog;
and for these courtesies I'll lend you thus much moneys?"
- Shylock in The Merchant of Venice by William Shakespeare
Unlike in Shakespearian times, we are becoming less inclined to use cash and are increasingly performing online transactions. In fact, within an instant, you can transfer money to someone else via EFT. So advanced have we become that we have now introduced cryptocurrency which is a decentralised and private way to invest your money.
With cryptocurrency, you can store your extra money online in the form of hot wallets or cold wallets. Crypto wallets require codes in order to gain access to your digital crypto assets. It would be beneficial if you did as much reading as possible on the different types of crypto wallets that you can get.
While you may not have been interested in virtual currency for a long while, with the advent of Bitcoin and Ethereum, you may have taken more of an interest in the crypto world.
Perhaps knowing that you can store cryptocurrency in the form of hot or cold wallets, and the idea of more security being provided for your cryptocurrency investment is all the more reason why you have taken a keen interest in this type of investment.
However, how secure is your money if you opt for a cryptocurrency investment?
To find out if your cryptocurrency investment is really secure or not, take lessons on cryptocurrency from virtual market experts.
Taking Lessons on Cryptocurrency from the Best in the Market
You may have the briefest overview of what cryptocurrency is and why it is trending, but that is not enough if you want to find your feet in the cryptocurrency market.
To prevent your Bitcoin investment from turning into a "bitter coin" one, we firmly suggest that you do some serious research about what you are getting yourself into. If you are keen on finding out more, why not take a look at the book Beyond Bitcoin: Decentralized Finance and the End of Banks which was launched in 2022.
If you are wondering if a book on Bitcoin can be beneficial then it most surely can. Both the authors, Steven Boykey Sidley, and Simon Dingle have strong backgrounds in finance. Simon Dingle, in fact, is on the founding team of cryptocurrency exchange Luno. The book goes beyond the basics of Bitcoin, and will be a helpful resource for you to rely on as you step forward in your cryptocurrency journey.
The book is just one resource that you can use to expand your knowledge of the cryptocurrency realm. You can also consider taking cryptocurrency lessons. Through cryptocurrency lessons, you can learn everything you need to know about mining and trading in digital currency.
While taking an online course in cryptocurrency is not at all as formal as taking a full certified finance course or pursuing a finance degree, it will teach you enough to wade into the cryptocurrency pool and not sink. Yes, much of your future in the cryptocurrency world depends on independent study. Yet, there is undeniable value in being introduced to the world of digital currency with the help of a financial instructor who knows all about the cryptocurrency world.
You must remember that most Bitcoin experts are financial experts who like to think in technical terms but these finance geniuses can surely simplify the technical cryptocurrency related jargon for you.
Taking a cryptocurrency course either online or near you doesn't have to be the end of your cryptocurrency learning journey. There are quite a few crypto-related blogs that may be an excellent read should you wish to find out everything about virtual currencies. In fact, there are about 50 great blogs on the internet that deal with cryptocurrency.
One such website that you can frequent is the CryptoPotato. The blog offers all the best international news related to everything cryptocurrency.
Since things change rather easily in the cryptocurrency market, you must be sure that you stay abreast of all the latest developments.
If you are looking for more South African Bitcoin related news, you can consider Bitcoin Africa (bitcoinafrica.io).
Now that you have decided to do some cryptocurrency research on your own, your search may lead you to find some cryptocurrency courses that you can take near you.
Cryptocurrency Trading Classes Near Me
Here are some great cryptocurrency courses that you can consider to take in your area.
You can consider taking cryptocurrency classes at the Knowledge Academy. There is a Bitcoin and Cryptocurrency course and if you choose to take this course for beginners, you can learn things like:
- Introduction to Bitcoin
- Introduction to cryptography and cryptocurrency
- Cryptographic hash functions
Yes, you can learn all the cryptocurrency terms that every beginner needs to know. The classes are usually taken at Protea Hotel Hatfield situated on Burnett Street in Pretoria.
If you are reluctant to attend these classes at a physical venue, you can consider a Udemy course. Udemy offers all types of cryptocurrency courses including a cryptocurrency investment course and a cryptocurrency wallets course. Each course at Udemy costs about R300.
If you are looking for a more personal approach to learning, you can even take into consideration Superprof tutors. There are Superprof tutors available to teach you more about cryptocurrency in Pretoria, and you can choose to take private face-to-face lessons with them or consider the online learning option.
Imagine having the option of meeting your cryptocurrency tutor for a lesson at Anja's Tea Garden or Koffietijd in Pretoria?
You can certainly decide to seek assistance from a Superprof tutor who will go the extra mile to personalise your lessonsand work with you at your own pace. Learning with a tutor who started in the same position that you are in with regard to the cryptocurrency world will make the tutor more empathetic to your learning plight.
In terms of how costly these Superprof cryptocurrency lessons are, you can rest assured that Superprof tutors in Pretoria charge reasonable rates for their lessons. You can get away with paying about R100 per hour for these private lessons, which may be taken from the comfort of your home, at a local coffee shop, or even online via a webcam.
Learning About the Best Cryptocurrency Exchange Platforms
Have you ever wondered if cryptocurrency can be used to as a form of trade to secure other assets?
Well, yes it can!
Plus, there is a vast range of cryptocurrency exchange platforms to chose from.
For many, it is hard to decide which platform is the best.
South Africans have shown a keen interest in eToro. eToro is considered to be a fairly easy exchange platform to use. With this platform, you are given more than one option to trade and this is seen as favourable to South Africans.
In South Africa, the following cryptocurrency exchange platforms are the most popular:
- Binance: Useful for traders who are fond of using altcoins
- Crypyto.com: One of the fastest growing crypto apps
- Luno: Known for being a rather simple system that almost anyone can use
When you are searching for the best cryptocurrency trading platform for you, consider platforms that are trusted by many traders. Choose to visit platforms that are of high quality and that can be tailored to meet your needs. The last piece of advice for choosing your cryptocurrency platform wisely is to find out all about the platform terms before you actually get involved.
There are so many resources available to help you step into the cryptocurrency world wisely.
Use them!
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