Introduction to Cryptocurrency Trading

Course Overview

• Comprehensive guide to start trading cryptocurrency.
• Topics include macroeconomics, Bitcoin, altcoins, on-chain and technical analysis, trading strategies, blockchain usage.
• Lecturer: James, former London Stock Exchange worker (not a financial advisor).
• Resources and timestamps included in the video description.

Cryptocurrency Basics

Definitions

• Crypto: Digital representation of value (e.g., Bitcoin, tokens representing assets like diamonds or bonds).
• Blockchain: Distributed ledger of accounts enabling peer-to-peer value transfer (no intermediaries).

Crypto vs. Blockchain

• Crypto: Allows 24/7 value transfer without intermediaries.
• Blockchain: Distributed ledger maintaining transaction integrity.

Types of Cryptocurrencies

Layer One Coins

• Represent the blockchain itself (e.g., Bitcoin, Ethereum).
• Used to pay transaction fees (