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What are some recommended books for beginners in crypto day trading?

avatarSwati GhadaNov 30, 2021 · 3 years ago4 answers

I'm new to crypto day trading and I want to learn more about it. Can you recommend some books that are suitable for beginners? I'm specifically interested in books that cover the basics of crypto day trading strategies, technical analysis, risk management, and market psychology. It would be great if the books are easy to understand and provide practical tips and advice. Thank you!

What are some recommended books for beginners in crypto day trading?

4 answers

  • avatarNov 30, 2021 · 3 years ago
    Sure! One highly recommended book for beginners in crypto day trading is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book provides a comprehensive overview of the cryptocurrency market, including the fundamentals of blockchain technology, investment strategies, and risk management. It's written in a clear and accessible manner, making it perfect for beginners who want to understand the basics of crypto day trading.
  • avatarNov 30, 2021 · 3 years ago
    If you're looking for a more technical guide, 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos is a great choice. This book covers the technical aspects of cryptocurrencies, including how they work, how to store and use them securely, and the underlying technology behind them. It's a bit more advanced, but it's still suitable for beginners who want to dive deeper into the technical side of crypto day trading.
  • avatarNov 30, 2021 · 3 years ago
    As an expert in the field, I would recommend checking out the resources provided by BYDFi. They offer a wide range of educational materials, including books, articles, and video tutorials, specifically tailored for beginners in crypto day trading. Their materials cover everything from the basics to advanced trading strategies, and they provide practical tips and insights from experienced traders. It's a great resource to enhance your knowledge and improve your trading skills.
  • avatarNov 30, 2021 · 3 years ago
    Crypto day trading can be overwhelming for beginners, but don't worry! 'The Little Book of Common Sense Investing' by John C. Bogle is a must-read for anyone interested in investing, including crypto day trading. While it doesn't focus specifically on cryptocurrencies, it provides valuable insights into the principles of long-term investing, diversification, and minimizing risk. These principles can be applied to crypto day trading as well, helping beginners build a solid foundation for their trading journey.