What are the best books for day trading cryptocurrency?

3 answers

• Nov 26, 2021 · 3 years ago
  Sure, I can recommend a few books that are highly regarded in the cryptocurrency trading community. One popular choice 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 different trading strategies. Another great option is 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos. Although it's not specifically focused on day trading, it provides a comprehensive understanding of Bitcoin and the underlying technology, which can be valuable for any cryptocurrency trader. 'The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies' by Glen Goodman is also highly recommended. It offers practical advice on day trading strategies and provides insights from the author's personal experience as a trader. These books should give you a solid foundation in day trading cryptocurrency.
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• Nov 26, 2021 · 3 years ago
  If you're looking for a more technical book, 'Technical Analysis of the Financial Markets' by John J. Murphy is a classic choice. Although it's not specifically about cryptocurrency, the principles of technical analysis can be applied to any market, including cryptocurrencies. This book covers various technical analysis tools and indicators that can help you make informed trading decisions. Another book worth mentioning is 'A Beginner's Guide to Bitcoin and Austrian Economics' by Aaron Koenig. It explores the economic principles behind Bitcoin and how it fits into the broader financial landscape. This book can provide you with a deeper understanding of the factors influencing cryptocurrency prices and market trends.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, recommends 'Day Trading Cryptocurrency: The Ultimate Guide for Beginners' by Matthew Scott. This book is specifically tailored for beginners and provides step-by-step guidance on how to get started with day trading cryptocurrency. It covers essential topics such as setting up a trading account, analyzing charts, managing risk, and developing effective trading strategies. Whether you're new to trading or already have some experience, this book can help you improve your skills and make more informed trading decisions. Happy trading!
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