- 01. Where to Find Cryptocurrency Courses in Kuala Lumpur?
- 02. What are the Best Cryptocurrency Classes in Ipoh?
- 03. How to Start Learning Cryptocurrency in Seberang Perai?
- 04. Where to Learn Cryptocurrency in Georgetown?
- 05. What are the Best Computer Cryptocurrency courses in Petaling Jaya?
- 06. How to Learn About Cryptocurrency in Malaysia?
Cryptocurrencies have become all the rage in the last years with Bitcoin leading the way for many crypto investors around the world since 2009. Nowadays, more and more people are starting to consider cryptocurrencies as a good alternative to the more traditional stock market.
While it is true that the decentralization of crypto brings along a lot of good things for potential investors, the volatility of the crypto market needs to be taken into account before making an investment that you might regret.
That said, with the right guidance and knowledge you can become a pro at investing in crypto.
But, where to get the right information and guidance for your crypto investments? Is there a way to learn about crypto that will help you reach your financial goals?
Superprof has all the information you need about cryptocurrencies, Bitcoin, trading, investing and of course, finding the best crypto tutor in Malaysia for you.
Keep reading to find out more!
Where to Find Cryptocurrency Courses in Kuala Lumpur?
What is cryptocurrency (also spoken of as crypto)?
A cryptocurrency (or “crypto”) is a form of payment that can circulate without the need for a central monetary authority such as a government or bank. Instead, cryptocurrencies are created using cryptographic techniques that enable people to buy, sell or trade them securely.
To buy cryptocurrencies, you’ll need a “wallet”, also known as an online app to hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as Bitcoin or Ethereum.
There are many crypto courses in Kuala Lumpur available for all levels in places such as:
- The Knowledge Academy: they have a 'Bitcoin And Cryptocurrency Course in Kuala Lumpur.'
- Indian Institute of Technology Kanpur: They have a 'Professional Blockchain Course in Kuala Lumpur'.
- iCert Global: They offer a Blockchain Certification course that will introduce you to the Blockchain concepts, fundamentals and its implementation.
- TCourses: They offer a Basic Blockchain and Bitcoin Course.
- Centre for Advanced and Professional Education (CAPE): They have a course designed to expose the participants to the fundamentals of blockchain technologies, its working structure, concepts of crypto-currency, and a popular blockchain application (Bitcoin).
Click here if you want to learn more about cryptocurrencies in Kuala Lumpur.
What are the Best Cryptocurrency Classes in Ipoh?
Is investing in cryptocurrencies a good idea? By historical standards, Bitcoin is a great investment. Bitcoin is the best performing asset of the past decade, appreciating over 31,000%. But can it maintain this exponential growth? Potentially. Trading volatile cryptocurrencies have much more risk than traditional investments, but the payout could be life changing.
Having Bitcoin in mind and it's performance is important. Bitcoin is a good indicator of the crypto market in general because it’s the largest cryptocurrency by market cap and the rest of the market tends to follow its trends.
Many cryptocurrency investors see crypto as a long-term investment. Some investors claim they will never sell their cryptocurrency because they believe that crypto will replace both gold and fiat currency. However, cryptocurrencies have suffered through multi-year bear markets, causing thousands of investors to lose 50% or more from their portfolio.
If you want to learn more about why people invest in crypto and how to find the right crypto courses in Ipoh, head to our article.
How to Start Learning Cryptocurrency in Seberang Perai?
Did you know that there are more than 17,000 cryptocurrencies currently circulating? All these cryptos can be categorized in four based on their utility:
- Meme or Joke Coin
The most popular cryptocurrencies nowadays are:
- Bitcoin: Bitcoin is still the coin people generally reference when they talk about digital currency. Bitcoin was designed to be independent of any government or central bank.
- Litecoin (LTC): Litecoin was launched in 2011 as an alternative to Bitcoin.
- Ethereum (ETH): It is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party.
- Binance Coin: Binance Coin can be used as a type of currency, but it also facilitates tokens that can be used to pay fees on the Binance exchange and to power Binance's DEX (decentralized exchange) for building apps.
- Tether: Tether’s price is anchored at $1 per coin. That’s because it is what’s called a stablecoin.
- Bitcoin Cash (BCH): Bitcoin Cash is a type of digital currency that was created to improve certain features of Bitcoin.
- Cardano (ADA): It is an “ouroboros proof-of-stake” cryptocurrency that was created with a research-based approach by engineers, mathematicians and cryptography experts.
- Solana: Solana is a blockchain platform that generates the cryptocurrency known as Sol.
- XRP (Ripple): XRP is a digital currency based on the digital payments platform RippleNet, built by the company Ripple.
- USD Coin (USDC): USD Coin is a stablecoin pegged to the dollar.
- Zcash (ZEC): Zcash is a digital currency that was built on the original Bitcoin code base.
Do you want to learn more about the types of cryptocurrencies and where you can study crypto in Seberang Perai?
Where to Learn Cryptocurrency in Georgetown?
Do you know what the history of cryptocurrencies is like? It is quite fascinating to see the way the market has evolved overtime, especially when you understand that this effort to decentralize finances has existed years before Bitcoin was even created.
Here is a small timeline of cryptocurrencies and their growth:
- 1975: American cryptographers Whitfield Diffie and Martin Hellman discovered and developed the concept of public key cryptography at Stanford University.
- 1980s: American cryptographer David Chaum invented a “blinding” algorithm that remains central to modern web-based encryption.
- 1990s: The earliest noteworthy digital currency Digicash failed as well as B-Money, Hashcash, Flooz, and Bit Gold.
- October 2008: A paper by Satoshi Nakamoto (a pseudonym) titled Bitcoin: A Peer-to-Peer Electronic Cash System outlined a system for creating a digital currency that did not require trust in any third party.
- 2009: The Bitcoin software was made available to the public for the first time and mining began.
- 2010: Bitcoin was the only cryptocurrency in the market. At that time, its price was just a few cents. Over the next few years, new digital currencies entered the market.
- 2012: WordPress became the first major merchant to accept payment in Bitcoin. Others, including online electronics retailer Newegg.com, Expedia, Microsoft, and Tesla followed.
- 2016: Ethereum’s arrival was marked by the emergence of Initial Coin Offerings (ICOs).
- 2017: It was the year of cryptocurrency. As the value of Bitcoin and other digital coins skyrocketed, so did the number of schemes and scams targeting crypto investors. From fake initial Coin Offerings (ICOs) to phishing attacks, thieves managed to steal millions of dollars.
- The market has continued to grow with more than 17,000 different types of cryptocurrencies around.
Do you want to learn more about the history of crypto and how you can learn crypto in Georgetown?
What are the Best Computer Cryptocurrency courses in Petaling Jaya?
- They are high-risk speculative products: The volatility of cryptocurrencies, combined with trading on margin, could lead to significant losses.
- Cybertheft and Hacks: Cryptocurrencies are particularly appealing to cybercriminals because of their online dependence and anonymity.
- Human error can cost you: When buying cryptocurrencies, you bear more of the responsibility for the storage of your assets than you would with other investments.
- Pricing variations: Compared with currencies, there can be significant variations in the pricing of cryptocurrencies.
- Decentralization: Investors go without regulatory protection in the case of theft and hacking, and at risk of encountering cryptocurrency scammers.
- Unregulated Trading Platforms/Exchanges: The lack of regulatory oversight has aided the growth of scam exchanges and market manipulation in crypto trading.
- Environmental risks: The minting process for many cryptocurrencies is very energy intensive.
- Taxation Laws: Cryptocurrencies are classified as capital assets, which means they are subject to the same tax regulations as stocks.
Go here to learn more about the risks of cryptocurrencies, tips to become a better investor and where to study crypto in Petaling Jaya.
How to Learn About Cryptocurrency in Malaysia?
If you are interested in enrolling on cryptocurrency courses and want to become a better crypto investor, you have come to the right place.
Superprof has crypto teachers all over Malaysia who can help you reach your financial goals and teach you everything you need to know about cryptocurrencies and Bitcoin.
All you need to do is conduct a quick search for the available profiles and find the one that aligns best to your needs and the type of crypto courses in Malaysia that you want to have.
The tutors are open for in-person and online crypto courses and charge an average rate of RM69 per hour of class but this can vary depending on the tutor's professional experience and qualifications.
Get ready to learn crypto with the help of Superprof!
The platform that connects tutors and students