Cryptocurrency is in constant change as the crypto market is still young and volatile. The market is so volatile that an unsavvy investor can lose money in an instant, so diligence is key, first, and foremost.
Cryptocurrency trading requires research, understanding of fundamentals, and focus. Gladly, the digital currency world offers plenty of opportunities for networking via online Bitcoin and cryptocurrency forums.
Communicating with fellow traders and seeking guidance from experts helps to understand the nooks and crannies of the craft as, this way, one can learn lessons from those with more experience trading in the crypto market.
The exchange of valuable information one receives from connecting with like-minded individuals is priceless. There is substance to be utilized both by novices and experts.
Such online forums can be, quite literally, a treasure trove of information. Hence why in this article we will be analyzing the top 5 most popular cryptocurrency forums
Bitcointalk is one of the most popular cryptocurrency forums and is available in many languages. After being created by Satoshi Nakamoto, the pseudonymous creator of Bitcoin, in early 2008 it has since become a true icon of the cryptocurrency space.
As the name indicates, Bitcointalk exclusively about Bitcoin, but that does not mean that it is not diverse in its tastes. In fact, users like to discuss other currencies as well, and the discussions usually end well. Fortunately, there are almost 1,750,000 members, 1,000,000 threads, and 3,000,000 posts about trading, mining, and technicalities. One can lose many hours into this forum, but with great returns.
Masters of Crypto (mastersofcrypto.com)
Masters of Crypto is a new Bitcoin forum community of dedicated crypto enthusiasts who eat, breathe and live cryptocurrency. The community is committed to garnering some of the best resources and individuals and bringing them onto one platform, thereby facilitating communication and networking that benefits everyone.
With more than 3,600 members and 46,000 discussions, Masters of Crypto also pays users to post material. However, members are only paid if they post high-quality content. Also to be found are ICO advertisements and promotions, providing valuable information about upcoming launches.
Sharing knowledge is a top priority for the community and its founders which is why an incentive is rewarded for anyone who contributes to the community in a positive way.
The community comprises of individuals such as tech geeks, entrepreneurs, investors, beginner traders, working professionals, and full-time crypto visionaries. With such a huge diversity of members, any topic discussed on the forum will definitely contain a wealth of knowledge and wisdom.
Formed in 2013, it is about “everything crypto”, with more than 70,000 members, 83,000 threads, and 395,000 posts. In other words, this forum is quite busy, and various ICO offerings are commonly discussed. There is plenty of advice from trusted members, with more than 79,000 quality videos in addition to informative articles experts and enthusiasts from all over, helping novices a great deal.
Videos are great as they add a visual twist to a field that is almost exclusively delved into through the art form of text.
With more than 800 members, it has more than 1,300 threads and 5,200 posts. There is even a separate category in Russian because many enthusiasts come from that vast land. What that means is that there are many Russian gentlemen and gentlewomen as well that spend numerous hours pondering upon the cryptocurrency landscape.
They want to gain the benefits, but, first, they discuss the subject matter. Additionally, there is a coin ticker that continuously updates users about live prices of major fiat currencies.
With more than 135 members and posts and 70 threads, it is a rising star in discussing important issues related to cryptocurrency. One can see the current market prices of major cryptocurrencies since keeping up with current prices is key to stay relevant.
The forum also includes an extensive knowledge base which is especially helpful for newcomers to the cryptocurrency space.