What are some recommended option trading books for beginners interested in trading cryptocurrencies?

7 answers

• Dec 15, 2021 · 3 years ago
  Sure! One highly recommended book for beginners interested in option trading for cryptocurrencies is 'Options Trading Crash Course: The #1 Beginner's Guide to Make Money With Trading Options in 7 Days or Less!' by Frank Richmond. This book provides a comprehensive introduction to option trading and covers strategies specifically tailored for cryptocurrencies. It's written in an easy-to-understand language and includes practical examples to help beginners grasp the concepts quickly.
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• Dec 15, 2021 · 3 years ago
  If you prefer a more technical approach, 'Mastering Bitcoin Options: The Ultimate Guide to Options Trading in the Cryptocurrency Market' by Jameson Lopp is a great choice. This book dives deeper into the technical aspects of option trading and provides insights into the cryptocurrency market. It's suitable for beginners who have some basic knowledge of cryptocurrencies and want to explore option trading in more detail.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, recommends 'The Options Playbook: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between' by Brian Overby and TradeKing. This book covers a wide range of option trading strategies and can be applied to cryptocurrencies as well. It's a comprehensive guide that caters to both beginners and experienced traders.
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• Dec 15, 2021 · 3 years ago
  When it comes to option trading, it's important to understand the risks involved. 'Options as a Strategic Investment' by Lawrence G. McMillan is a classic book that covers the fundamentals of option trading and risk management. Although it doesn't focus specifically on cryptocurrencies, the concepts discussed in the book are applicable to any market, including cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  If you're looking for a more hands-on approach, 'Trading Options For Dummies' by Joe Duarte is a beginner-friendly book that provides practical tips and strategies for option trading. While it doesn't solely focus on cryptocurrencies, it covers the basics of option trading that can be applied to any market, including cryptocurrencies.
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• Dec 15, 2021 · 3 years ago
  If you prefer a more interactive learning experience, you can also consider online courses or video tutorials. Websites like Udemy and Coursera offer a variety of courses on option trading and cryptocurrencies. These courses often include practical exercises and real-life examples to help beginners gain hands-on experience in option trading.
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• Dec 15, 2021 · 3 years ago
  Remember, before diving into option trading, it's important to educate yourself and start with small investments. Practice risk management and always do thorough research before making any trading decisions. Good luck on your option trading journey!
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