Description
Part 1: What is a Cryptocurrency?
- Centralized vs. decentralized data storage
- Introduce blockchain as concept using Bitcoin as an example
- Briefly touch on ”consensus” algorithms
- High level history of generations of cryptocurrencies: Bitcoin > Ethereum > others Why do cryptocurrencies have value?
Part 2: Developing a Trade Strategy
- How much time do you want to spend investing: full time, part time, 1 hr/mo? These will determine your investment strategy. General rule of thumb, less time you want to spend, the longer term your strategy.
- Overview of common strategies: day trading, momentum trading, short term investing, arbitrage, long term, etc.
- Warning about tax implications
Part 3: Technical Analysis and Research Tools
- Stockcharts
- Coinigy.com, ArbMatrix, or TokenSpread
- Moving Average Convergence Divergence
- Coin Market Cap and Relative Strength Index
Part 4: Making Your First Trade
- Coinbase accounts and their different types of trades
- Market vs. limit
- Stop loss
- Take profit
- Intro to other exchanges
- Kraken
- Poloniex
- Bittrex
- Gemini
Nothing contained on this website or at any of Boulder Digital Arts classes and workshops should be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Nor is it intended as investment, tax, financial or legal advice. Investors should seek such professional advice for their particular situation.