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What are the best books about day trading in the cryptocurrency market?

avatarGabriel AroucasDec 18, 2021 · 3 years ago10 answers

Can you recommend some highly regarded books that provide valuable insights and strategies for day trading in the cryptocurrency market? I'm particularly interested in books that cover topics like technical analysis, risk management, and trading psychology. It would be great if the books are suitable for both beginners and experienced traders.

What are the best books about day trading in the cryptocurrency market?

10 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One highly recommended book for day trading in the cryptocurrency market is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book covers the basics of cryptocurrency trading, including technical analysis techniques, risk management strategies, and tips for navigating the volatile market. It's a great resource for both beginners and experienced traders.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for a more advanced book, 'The Art of Cryptocurrency Trading: Advanced Charting Techniques and Risk Management' by Alan T. Norman is a great choice. This book dives deeper into technical analysis and provides detailed strategies for analyzing charts, identifying trends, and managing risk. It's a comprehensive guide for traders who want to take their skills to the next level.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the cryptocurrency market, I highly recommend 'Day Trading Cryptocurrency: The Ultimate Guide To Making Your First $1,000,000 Trading Cryptocurrency' by Richard Reis. This book not only covers technical analysis and risk management, but also delves into the psychological aspects of trading. It provides valuable insights on how to control emotions, develop a winning mindset, and make profitable trades. It's a must-read for anyone serious about day trading in the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    I've heard good things about 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos. Although it's not specifically focused on day trading, this book provides a comprehensive understanding of Bitcoin and the underlying technology. It's a great resource for traders who want to gain a deeper knowledge of the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    While I can't speak on behalf of BYDFi, I can suggest 'Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order' by Paul Vigna and Michael J. Casey. This book explores the impact of cryptocurrencies on the global economy and provides insights into the future of digital currencies. It's a thought-provoking read for anyone interested in the broader implications of the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    Another book worth mentioning is 'The Little Bitcoin Book: Why Bitcoin Matters for Your Freedom, Finances, and Future' by Bitcoin Collective. This book offers a concise yet informative overview of Bitcoin and its potential impact on society. It's a great starting point for beginners who want to understand the basics of Bitcoin and its significance in the financial world.
  • avatarDec 18, 2021 · 3 years ago
    If you prefer a more practical approach, 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar is a highly recommended read. This book provides insights into different cryptocurrencies and their investment potential. It covers topics like portfolio management, valuation methods, and risk assessment. It's a valuable resource for investors looking to diversify their portfolio with cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    For those interested in the intersection of blockchain technology and finance, 'Blockchain Basics: A Non-Technical Introduction in 25 Steps' by Daniel Drescher is a great choice. This book explains the fundamentals of blockchain technology and its applications in finance. It's a beginner-friendly guide that can help traders understand the underlying technology behind cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    One book that often comes up in discussions about day trading in the cryptocurrency market is 'The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies' by Glen Goodman. This book provides practical tips and strategies for day trading, including technical analysis techniques and risk management strategies. It's a popular choice among traders looking to improve their trading skills.
  • avatarDec 18, 2021 · 3 years ago
    If you're interested in learning from the experiences of successful traders, 'Market Wizards: Interviews with Top Traders' by Jack D. Schwager is a must-read. Although it's not specifically focused on cryptocurrency trading, this book offers valuable insights from some of the world's best traders. It covers a wide range of trading styles and strategies, providing inspiration and lessons that can be applied to day trading in the cryptocurrency market.