What are the best day trading books for cryptocurrency traders?

3 answers

• Dec 17, 2021 · 3 years ago
  One highly recommended book for cryptocurrency day traders 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, risk management, and trading strategies. It's a great starting point for beginners and provides valuable insights for experienced traders as well. Another popular choice among cryptocurrency traders is "The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies" by Glen Goodman. This book offers practical advice on day trading cryptocurrencies, with a focus on Bitcoin. It covers topics such as chart analysis, market psychology, and risk management. The author shares his personal experiences and provides actionable tips for successful trading. If you're interested in a more comprehensive guide, "Mastering Bitcoin: Unlocking Digital Cryptocurrencies" by Andreas M. Antonopoulos is highly recommended. Although not specifically focused on day trading, this book provides a deep understanding of the underlying technology behind cryptocurrencies and can help you make informed trading decisions. Remember, reading books alone won't make you a successful day trader. It's important to combine knowledge with practice and continuously learn from your own experiences and the market. Good luck on your trading journey!
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• Dec 17, 2021 · 3 years ago
  When it comes to day trading books for cryptocurrency traders, one book that often comes up is "Day Trading: Beat the System and Make Money in Any Market Environment" by Justin Kuepper. While not specifically focused on cryptocurrencies, this book provides a solid foundation in day trading principles and strategies that can be applied to the cryptocurrency market. Another book worth considering is "The Little Book of Currency Trading: How to Make Big Profits in the World of Forex" by Kathy Lien. Although it focuses on forex trading, many of the concepts and techniques discussed can be applied to cryptocurrency day trading as well. It covers topics such as technical analysis, risk management, and trading psychology. Lastly, if you're looking for a more advanced read, "Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications" by John J. Murphy is highly recommended. This book covers technical analysis in depth and can help you develop a solid understanding of chart patterns, indicators, and other tools used in day trading. Remember, the best day trading book for you may depend on your individual trading style and preferences. It's always a good idea to read reviews and sample chapters before making a decision.
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• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confidently recommend the book "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 cryptocurrency market, including day trading strategies and insights from industry experts. It covers topics such as blockchain technology, market analysis, and investment strategies. Additionally, I would suggest checking out online resources such as blogs, forums, and YouTube channels dedicated to cryptocurrency day trading. These platforms often provide real-time market analysis, trading tips, and educational content that can complement your reading material. Remember, the key to successful day trading is a combination of knowledge, practice, and staying up-to-date with the latest market trends and news. Happy trading!
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