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What are the must-read trading 101 books for cryptocurrency enthusiasts?

avatarOutzen BojeDec 26, 2021 · 3 years ago8 answers

As a cryptocurrency enthusiast, I'm looking for some must-read trading 101 books to enhance my knowledge in the field. Can you recommend any books that cover the basics of trading in the cryptocurrency market? I'm particularly interested in books that provide practical strategies and insights for beginners.

What are the must-read trading 101 books for cryptocurrency enthusiasts?

8 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, I can recommend a few trading 101 books that are highly regarded in the cryptocurrency community. One popular choice is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Altcoins & ICOs' by Aimee Vo. This book covers the fundamentals of cryptocurrency trading, including technical analysis, risk management, and trading psychology. It's a great starting point for beginners.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for a more comprehensive guide, 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos is highly recommended. Although not solely focused on trading, this book provides a deep understanding of the underlying technology behind cryptocurrencies, which can be invaluable for traders.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has a blog post that recommends 'The Little Bitcoin Book: Why Bitcoin Matters for Your Freedom, Finances, and Future' by Bitcoin Collective. This book offers a beginner-friendly introduction to Bitcoin and its potential impact on the world. It's a great read for anyone interested in understanding the basics of cryptocurrency trading.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to trading strategies, 'Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications' by John J. Murphy is highly regarded. Although not specifically focused on cryptocurrencies, this book provides a solid foundation in technical analysis, which can be applied to cryptocurrency trading as well.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more hands-on approach, 'Crypto Trading 101: Buy Sell Trade Cryptocurrency for Profit' by Jordan Tuwiner is a practical guide that covers the basics of cryptocurrency trading. It includes step-by-step instructions on how to set up accounts, analyze charts, and execute trades on popular exchanges.
  • avatarDec 26, 2021 · 3 years ago
    For those interested in understanding the psychology behind trading, 'Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude' by Mark Douglas is a highly recommended read. While not specific to cryptocurrencies, this book delves into the mindset required for successful trading, which can be applied to any market, including cryptocurrencies.
  • avatarDec 26, 2021 · 3 years ago
    Another book worth mentioning is 'The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order' by Paul Vigna and Michael J. Casey. This book provides a comprehensive overview of the history, technology, and potential future of cryptocurrencies, making it a valuable resource for cryptocurrency enthusiasts.
  • avatarDec 26, 2021 · 3 years ago
    In addition to books, don't forget to explore online resources such as blogs, forums, and educational platforms. These can provide real-time insights and practical tips from experienced traders in the cryptocurrency community. Happy reading and trading!