The Truth About Crypto: A Practical, Easy-to-Understand Guide to Bitcoin, Blockchain, NFTs, and Other Digital Assets

The Truth About Crypto: A Practical, Easy-to-Understand Guide to Bitcoin, Blockchain, NFTs, and Other Digital Assets

  • Downloads:2863
  • Type:Epub+TxT+PDF+Mobi
  • Create Date:2022-07-08 06:53:10
  • Update Date:2025-09-06
  • Status:finish
  • Author:Ric Edelman
  • ISBN:1668002329
  • Environment:PC/Android/iPhone/iPad/Kindle

Summary

A straightforward, practical guide to the newest frontier in investment strategy—crypto—from #1 New York Times bestselling author and personal finance expert Ric Edelman。

Blockchain and bitcoin are here to stay—and as the Bank of England stated, this new technology could “transform the global financial system。” No wonder PWC says blockchain technology will add $2 trillion to the world’s $80 trillion economy by 2030。 Indeed, blockchain technology and the digital assets it makes possible are revolutionary, the most profound innovation for commerce since the invention of the internet。

And yet, the average investor—and the investment advisors who manage two-thirds of all their money—aren’t aware of all this, or of the incredible investment opportunities now available。 Fortunately, Ric Edelman, one of the most influential experts in the financial field, shows investors how they can engage and thrive in today’s new investment marketplace。

Featuring the prophetic insights you’d expect from one of most acclaimed financial advisors, The Truth About Crypto is fun to read and easy to understand—and most importantly gives readers the sound, practical advice we all need to succeed with this new asset class。 Best of all, Edelman shows how blockchain works, the difference between digital currency and digital assets, and a comprehensive look at every aspect of the field。 This book is a must-read guide if you want to achieve investment success today。

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Reviews

Buddy Scalera

A breezy, conversational explanation of Bitcoin, NFTs, and other digital assets。 The author is a financial writer who knows how to make learning enjoyable。 The examples are clear and sometimes very funny。 It's a challenging topic, but the author takes a lot of time in the beginning to explain the core concepts。 He doesn't try to convince you, but he does provide a clear arguement about cryptocurrency。 A breezy, conversational explanation of Bitcoin, NFTs, and other digital assets。 The author is a financial writer who knows how to make learning enjoyable。 The examples are clear and sometimes very funny。 It's a challenging topic, but the author takes a lot of time in the beginning to explain the core concepts。 He doesn't try to convince you, but he does provide a clear arguement about cryptocurrency。 。。。more

David Fredh

Good if you live in US and want investment guidance。

Jim Southard

I was really disappointed in this book。 I'm already convinced that I need a portion of my portfolio in digital assets, and I wanted this book to help me understand how to do that。 It didn't。 Half of the book is nothing but totally worthless lists of various organizations and companies associated with digital assets, with zero information as to which I should use, or why。 The rest of the book convinced me that the regulatory picture and investment vehicles for digital assets are no where close to I was really disappointed in this book。 I'm already convinced that I need a portion of my portfolio in digital assets, and I wanted this book to help me understand how to do that。 It didn't。 Half of the book is nothing but totally worthless lists of various organizations and companies associated with digital assets, with zero information as to which I should use, or why。 The rest of the book convinced me that the regulatory picture and investment vehicles for digital assets are no where close to being ready for a routine investor with a managed portfolio in an established financial planning firm。 I was left more confused and more frustrated than I was when I started the book, and more convinced than ever that digital assets are not ready for prime time investing。 Give me a digital assets index ETF available in mainstream brokerage accounts like Schwab, and then maybe I'll be ready to commit a portion of my portfolio to digital assets。 But if I have to set up a separate account, maintain a digital wallet and personally safeguard a key that if lost wipes out the entire investment, track and manage all of my records manually for tax reporting, and negotiate a regulatory minefield of unclear tax and reporting implications, no thanks。 I have relied on Ric Edelman for years for the most clear and objective investment advice available, but his big push to get people to invest now in crypto seems inconsistent with his past advice。 。。。more

Richard

Lots of information packed into this one。

Robbie Brar

I would recommend this book to anyone looking to get into digital assets or those who have started but are still unfamiliar with the specifics and how things work。 Great book

Jess

Strange to read - as someone who has a big anticapitalism bias in reading about economics, this definitely reads as as weird conservative/libertarian fantasy (currency that the gov't/FICA is far removed from, but will still step in when bitcoin is stolen, etc)。 I learned a lot, but there's a big argumentative slant to convincing the reader that its a worthwhile investment (also opening with disclosure that it will make the writer a ton of money because of his particular investments/advertising a Strange to read - as someone who has a big anticapitalism bias in reading about economics, this definitely reads as as weird conservative/libertarian fantasy (currency that the gov't/FICA is far removed from, but will still step in when bitcoin is stolen, etc)。 I learned a lot, but there's a big argumentative slant to convincing the reader that its a worthwhile investment (also opening with disclosure that it will make the writer a ton of money because of his particular investments/advertising agreements), and most of the arguments dont land。 It's not clear how this can be "currency" - since it cant be exchanged for many goods and services, its more like a poker chip, which is an anology the author uses - theres also an argument that this has an accessibility that other money doesnt, but thats mostly mentioned and dropped to talk about big investment payoffs and increased price/demand。 Certainly feel like I have a better understanding of Bitcoin specifically (and Dogecoin?), but there's so many circular or specious arguments parts of it are a bit dizzying。 Also obviously so much is happening because it is a new industry I know at least some of what I learned is outdated, but again a solid 101。 。。。more

Jim Southard

I was really disappointed in this book。 I'm already convinced that I need a portion of my portfolio in digital assets, and I wanted this book to help me understand how to do that。 It didn't。 Half of the book is nothing but totally worthless lists of various organizations and companies associated with digital assets, with zero information as to which I should use, or why。 The rest of the book convinced me that the regulatory picture and investment vehicles for digital assets are no where close to I was really disappointed in this book。 I'm already convinced that I need a portion of my portfolio in digital assets, and I wanted this book to help me understand how to do that。 It didn't。 Half of the book is nothing but totally worthless lists of various organizations and companies associated with digital assets, with zero information as to which I should use, or why。 The rest of the book convinced me that the regulatory picture and investment vehicles for digital assets are no where close to being ready for a routine investor with a managed portfolio in an established financial planning firm。 I was left more confused and more frustrated than I was when I started the book, and more convinced than ever that digital assets are not ready for prime time investing。 Give me a digital assets index ETF available in mainstream brokerage accounts like Schwab, and then maybe I'll be ready to commit a portion of my portfolio to digital assets。 But if I have to set up a separate account, maintain a digital wallet and personally safeguard a key that if lost wipes out the entire investment, track and manage all of my records manually for tax reporting, and negotiate a regulatory minefield of unclear tax and reporting implications, no thanks。 I have relied on Ric Edelman for years for the most clear and objective investment advice available, but his big push to get people to invest now in crypto seems inconsistent with his past advice。 。。。more

Stewart Campbell

Great read! This book does a GREAT JOB at educating the average person about blockchain and digital assets。 HIGHLY recommend!

melbourne

A helpful read to make more sense of digital currencies but there are some glaring biases。 Informative but more so for the potential investor。

Patricia

Well written and informative。 I like the bit of humor thrown in。 It was a bit more than I expected, but that's better than not enough。 Well written and informative。 I like the bit of humor thrown in。 It was a bit more than I expected, but that's better than not enough。 。。。more

Maribeth Bluyus

Ric makes complex topics easy to understand。 This book and his weekly podcast, the Truth About Your future, have taught me lots about this exciting new investment option。

Sami

A must read for someone who want to understand digital assets Cannot stop reading since I started the book: exhaustive and simplified book on how best to approach cryptocurrencies as an investor。 By finishing reading the book, you will have a more objective assessment on digital assets!

Trace Nichols

Good overview of crypto currency et al。, but already dated。 how can it not been with such a volatile market, where today it is plunging into the abyss。 Nuts, really。 But this is a decent primer for understanding the groundwork。

Gregory Head

Thanks for sharing this book。