ryptocurrency has been around for nearly 10 years. During this time, there have been numerous technological advances and increased societal acceptance. The value of most types of cryptocurrency has exploded as well. For example, an investment of just £720 in Bitcoin made in 2013 was worth over £288,000 at the end of 2017. Clearly, there is potential in the market.
Many people fear they have missed out on their opportunity to take advantage of all that cryptocurrency can do. This has become especially true following Bitcoin’s rapid rise and drop in market performance toward the end of 2017.
Thankfully, this is not true. Now is the perfect time to become a cryptocurrency expert. Even if you still prefer to avoid dabbling in the cryptocurrency investment market, there are still numerous reasons why you should pick now to learn all you can about these increasingly popular digital assets.
Surplus of Reputable Information
Now more than ever there is a surplus of reputable and reliable information about cryptocurrency that is widely available.
As Bitcoin has risen dramatically in popularity, news organisations have struggled to keep up with coverage. Consequently, many outlets such as Entrepreneur, Forbes and even CNN have hired cryptocurrency experts to consult with them on articles and news segments.
This means that there is a ton of reliable information authored by experts available, making it easy to learn more while still avoiding suspect or disreputable information. It is still a good idea to constantly evaluate the source you are reading. Make sure you know how to pick out a reputable article from one that is not well-researched and could contain inaccurate information. Look for reliable sources, quotes from industry leaders and acceptability among other cryptocurrency experts.
The Technology Behind Cryptocurrency Has Many Applications
The various technologies behind cryptocurrency have many applications, not just to facilitate transactions in exchange for coins.
Blockchain technology has numerous applications for everything from securing legal contracts to effecting fast financial transactions with low fees. It is one of the most secure ways to store and record information, meaning that some individuals are even exploring its applicability to important acts such as voting. Learning about these technologies now helps you to understand their relevance to the future.
In many cases, it can give you the tools to come up with your own solutions to technological or security problems. Other individuals can use this information to feel more secure about engaging in cryptocurrency transactions in the first place.
Understand More About the Market
Understanding how cryptocurrency works can help you better understand the volatile nature of the cryptocurrency market.
In many cases, figuring out the factors that affect market volatility and learning which elements can lead to stability, can encourage people to participate in the potentially lucrative practice of investing or trading in cryptocurrency.
Other people find this information helps them relate to clients and colleagues who are active in the market. Having a solid knowledge base in something that interests those around you encourages trust and forms stronger professional bonds. Many experts believe that the cryptocurrency market is only going to become larger, with the potential for big pay-outs for investors and traders.
Even those who prefer to avoid trading and investing should learn more about digital assets, if only to understand the conversation around the global financial market going forward.
Gain a Career Edge
Regardless of which industry or field you are in, chances are you may encounter cryptocurrency in the very near future.
A growing number of businesses have started accepting cryptocurrency such as Bitcoin and Litecoin as acceptable payment methods. These companies include reputable organisations such as Travelocity and Overstock.com. Everyone from flight attendants to customer service employees need to start developing some familiarity with cryptocurrency now, in order to keep up with those they are competing against for jobs in the future.
In addition, offering cryptocurrency tutoring sessions and consulting services for local professionals may become a very lucrative business. By learning all you can now, you can start setting yourself up as an expert later.
Wherever possible, try taking courses that offer a certification upon completion if you do intend to profit from your knowledge. This gives the lawyers, financial advisors, or company owners you are consulting with confidence that you thoroughly understand the field. Learning more about cryptocurrency does more than just open up investment and trading opportunities, though it can give you an edge if you choose to get involved. Knowing more about cryptocurrency and the technologies behind it gives you an edge. It helps you to understand the world around you and the way in which it is advancing, with greater ease. This type of knowledge can also help you learn how to think outside the box when solving your own anonymity or security issues.
There are numerous reasons to learn all you can about cryptocurrency, making now the perfect time to start.
Get a FREE Course
Sign up to our newsletter and get access to the Interview Skills and CV Writing Certificate course for free!
Simply enter your details below and we will email you access to your free course!
What our students say about us...
Omg im so excited, over joyed and all the good stuff that comes to mind! Wonderful experience doing lessons with New Skills Academy. I look foward to doing more courses with them. I hope this will encourage others to come on board and refresh your minds or to learn something new, it's a win win situation. I want to thank New Skills Academy so much for making this as simple as possible for me.
Excellent course, well explained and easy to understand. The course can be done at my own pace and is available on various devices. The layout of the course was excellent and the notes options is very good. The content is perfect and well structured, making it easy to understand and follow. I will definitely be taking more courses in the future.
I took up this course initially to help me with my own dog, but found that as I worked through the material I actually started thinking that this could be something that I could use to make a second income. From start to finish I found the course engaging and interesting. I am now doing another dog related course and am experiencing the same level of enjoyment. I would recommend New Skills Academy without hesitation.
This is a great course for any level of knowledge. Very easy to navigate, great practical tasks and explanations are very clear. You can revise any module with no problem. The test wasn’t too hard if you completed every module. It may be handy to make some notes before you start. Overall I'm very happy with my choice. Thank you New skills for my New skills :)
Wow what an incredible insight for the start of anyone's journey in property. This course gives you so much information and there are tests and questions on each of the modules. The course is very easy to follow and well laid out. You can actually make notes on the pages of each module using the notes tab! I am very excited to say that I passed and I only spent one week on this course. I will print all the PDF information and keep it in a file with my certificate. I feel very confident for my future plans now I have completed this course.
Yet another well laid out course. This is my 3rd course so far with New Skills Academy.
More than likely will be back for another one soon. This course was enjoyable to do, and I learnt a lot and passed first try. My certificate will be up on the wall soon.
The course was clearly set out with helpful end of week tests which built my knowledge. Being dyslexic I found the course was set out in an easy to understand way. I was able to pass the test on my first attempt. The downloaded pdf are a useful resource that you can keep forever. Looking forward to the next course
Lovely course for people who want to know the basics and of sign language. It's has helped me to get more of an understanding and will greatly benefit me in my workplace. So easy to pick up and the videos were easy to understand. Would definitely recommend to anyone.