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Which books can help me learn day trading in the cryptocurrency market?

avatarAshkanDec 17, 2021 · 3 years ago3 answers

I'm interested in learning day trading in the cryptocurrency market and I'm wondering if there are any books that can help me with that. Can you recommend any books that provide valuable insights and strategies for day trading in the cryptocurrency market? I want to learn about technical analysis, risk management, and effective trading strategies specifically tailored for the volatile cryptocurrency market. Any suggestions?

Which books can help me learn day trading in the cryptocurrency market?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One book that I highly recommend is "Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs" by Aimee Vo. It covers the basics of cryptocurrency trading, including technical analysis, risk management, and strategies for profitable trading. The book is written in a clear and concise manner, making it easy for beginners to understand. It also provides practical tips and real-life examples to help you apply the concepts in real trading situations. Overall, it's a great resource for anyone looking to learn day trading in the cryptocurrency market.
  • avatarDec 17, 2021 · 3 years ago
    If you prefer a more comprehensive guide, you might want to check out "Mastering Bitcoin: Unlocking Digital Cryptocurrencies" by Andreas M. Antonopoulos. Although it's not solely focused on day trading, this book provides a deep understanding of the underlying technology behind cryptocurrencies and how they work. It covers topics like blockchain, mining, and security, which are essential for any cryptocurrency trader to know. By understanding the technology, you'll be able to make more informed trading decisions. So, if you're interested in both the technical and trading aspects of cryptocurrencies, this book is a must-read.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we believe that hands-on experience is crucial for learning day trading in the cryptocurrency market. While books can provide valuable insights, nothing beats real-world practice. That's why we recommend combining book knowledge with actual trading on our platform. BYDFi offers a user-friendly interface, advanced trading tools, and a wide range of cryptocurrencies to trade. You can start with a small investment and gradually increase your trading skills as you gain more experience. So, don't just rely on books alone, but also actively engage in trading to sharpen your skills and stay up-to-date with the ever-changing cryptocurrency market.