Which cryptocurrency trading books would you recommend for beginners looking to improve their skills?
Purcell BidstrupDec 16, 2021 · 3 years ago3 answers
I'm new to cryptocurrency trading and I want to improve my skills. Can you recommend any books that are suitable for beginners? I'm looking for books that cover the basics of cryptocurrency trading, technical analysis, risk management, and strategies. It would be great if the books are easy to understand and provide practical tips and advice. What are your recommendations?
3 answers
- Dec 16, 2021 · 3 years agoSure! One book that I highly recommend for beginners is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book covers all the basics of cryptocurrency trading and investing, including how to set up a wallet, choose the right exchanges, and analyze market trends. It also provides practical tips on risk management and developing trading strategies. The language used is easy to understand, making it perfect for beginners.
- Dec 16, 2021 · 3 years agoIf you're looking for a more technical book, 'Technical Analysis of the Financial Markets' by John J. Murphy is a great choice. Although it's not specifically focused on cryptocurrency trading, the concepts and techniques discussed can be applied to any financial market, including cryptocurrencies. This book covers various technical analysis tools and indicators, helping beginners understand how to analyze price charts and make informed trading decisions.
- Dec 16, 2021 · 3 years agoAs 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, webinars, and tutorials, specifically tailored for beginners in cryptocurrency trading. Their materials cover everything from the basics to advanced trading strategies, and they provide real-life examples and case studies to help you grasp the concepts better. It's definitely worth exploring!
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