Wiggy - Whipcrack, can you recommend a good resource to learn about BTC, investing / making $$$ with it, crypto, etc in general?
AGAIN............Nothing I say is to be taken as financial advice in any fashion. I am not a professional in this regard.
Learning in general:
Aside from the nerdery of how blockchain technology works...... any book I recommend would be outdated by the time it is printed and shipped to you. Years ago I went down the rabbit hole of how blockchains work and now realize it's just not necessary (and I've forgotton a great deal.) I remember peoples eyes glazing over when I'd start to excitedly speak about the tech to whomever would listen to me blab about it. A basic understaning is just fine. Youtube is your friend in this regard (not in investing......for the most part.)
For beginners I usually recommend watching:
Stefan Molyneux's: "The True value of Bitcoin: What you really need to know."
Jeffery Tucker's: "Lets talk about Bitcoin" from the Australian bitcoin conference years back.
The Joe Rogan Podcasts with Andreas Antonopolis....in order.
Trace Mayer's "bitcoin Knowledge" podcast is also pretty good.
Those will give you a good start without being overwhelming.
There's a lot of good info out there............and much more bad. Be careful.
Sign up for a number of exchanges and learn how to use them. Not ONE........multiple. When the market heats up some stop taking on new customers due to overwhelming volume and you'll be sidelined from potentially parabolic returns. This is an awful place to be...........I remember reading the panic and frustration from those in this position in 2017.
Not to mention not all projects are listed on US exchanges.
-coinbase, binance, kraken, gemini, bittrex, and Poloniex at a bare minimum. this will take time. It's not wild west anymore, sadly.........you will have to go through KYC, AML bullshit. Start this very soon. Even before you're ready to buy.
Binance (the largest exchange by volume) recently stopped taking US customers..........but they don't KYC until your volume is over 2 btc per day. with the right technology (i hear) your ip address can be anywhere in the world you desire.
Learn about how to keep your crypto safe. Buy a Trezor (or ledger nano S......I prefer Trezor)...........if you don't hold your private keys..........you don't own your crypto. Never, ever leave it on an exchange unless youre actively trading that day.
Investing: This is not advice.
That is a whole 'nuther issue. You'll hear the term "hodl" which means "hold" projects long term..........it's from a misspelled reddit post years ago.
Hodling has made people very rich in some instances. It also takes the daily drama out of VERY volatile crypto markets. I'm talking gut wrenching swings (that you will get used to ........if you only invest what you can afford to lose.)
In crypto you have the chance to be a venture capitalist without the 2 million in liquid assets (or whatever it is)............
You want to buy projects at presale (if they have a bonus) or just after the ICO/TGE when the price usually plummets (excitement dies down.)
You want to buy projects when they are new, and hard to get (on decentralized exchanges like Etherdelta/Forkdelta, and IDEX), and few people know about them. There are entire websites dedicated to new ICO's to get you started.
Read the whitepapers. research the team.........and I mean google every name and read about them. Look up criminal histories (right PPT people?). Google their office address to see if it's a real place. Due diligence is the name of the game. This is your money.........there are lots of shit projects, and scams out there STILL. Even after this last bear market.
This may sound funny but.........does the token actually do something? Is it absolutely needed for the projects success. So saaaay..........your token is for an invoice factoring company. Is the token absolutely needed to purchase these invoices or can fiat be used instead? There needs to be .........well, a NEED for the token. Thoroughly reading the whitepaper should help to answer this. Oh!.......is there a market for the token and project? How big is the market? Does the project solve a problem in that market? The Invoice factoring/financing market is approx. 3 trillion dollars per year..............yet a number of crypto projects have really fucked up their approach to taking a piece of this very large pie. (I said "market" too many times in that last paragraph.)
Join slack channels if the team lets you do so..........lets you see what the team is discussing/insider info. Join any and all social media for the projects. There are links to these on coinmarketcap when you search a particular token.
In particular ......join the projects telegram channels and off shoots of those channels (sometimes the main channel won't let you discuss things like price or other projects similar to the channel you're on.)
there's more.......but my man fingers are tired of typing. If people (or you) want more of my thoughts on this issue I can continue later. Just let me know.