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What are the best cryptocurrency trading books of 2016?

avatarNandani ElevatorsDec 17, 2021 · 3 years ago9 answers

Can you recommend some of the best books on cryptocurrency trading that were published in 2016? I'm looking for books that provide valuable insights and strategies for trading cryptocurrencies. It would be great if the books cover a wide range of topics, including technical analysis, fundamental analysis, risk management, and trading psychology. Please share your recommendations and why you think these books are worth reading.

What are the best cryptocurrency trading books of 2016?

9 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One highly recommended book on cryptocurrency trading in 2016 is 'The Age of Cryptocurrency' by Paul Vigna and Michael J. Casey. This book provides a comprehensive overview of the history, technology, and potential impact of cryptocurrencies. It covers topics such as Bitcoin, blockchain technology, and the future of money. The authors have done extensive research and provide valuable insights into the world of cryptocurrencies. It's a must-read for anyone interested in understanding the fundamentals of cryptocurrency trading.
  • avatarDec 17, 2021 · 3 years ago
    In my opinion, 'Cryptocurrency: How Bitcoin and Digital Money are Challenging the Global Economic Order' by Paul Vigna and Michael J. Casey is one of the best cryptocurrency trading books of 2016. This book explores the disruptive potential of cryptocurrencies and their impact on the global economy. It delves into the challenges and opportunities presented by digital currencies and provides practical advice for traders. The authors have a deep understanding of the subject matter and present it in an engaging and accessible way.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos as one of the top cryptocurrency trading books of 2016. This book is a comprehensive guide to Bitcoin and other cryptocurrencies, covering topics such as mining, wallets, and security. It provides a detailed explanation of the underlying technology and offers practical advice for traders. With its clear and concise writing style, this book is suitable for both beginners and experienced traders.
  • avatarDec 17, 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 great choice. Although it was not specifically published in 2016, it remains one of the most recommended books for cryptocurrency traders. This book covers various technical analysis tools and techniques that can be applied to cryptocurrency trading. It provides a solid foundation for understanding price patterns, trends, and indicators. The concepts explained in this book are timeless and can be applied to any market, including cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    Another book worth mentioning is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book provides a comprehensive overview of the different types of cryptoassets and their investment potential. It covers topics such as portfolio management, valuation methods, and risk assessment. The authors provide practical insights and strategies for investing in cryptocurrencies. This book is suitable for both beginners and experienced investors looking to diversify their portfolio with cryptoassets.
  • avatarDec 17, 2021 · 3 years ago
    If you prefer a more hands-on approach, 'The Little Book of Common Sense Investing' by John C. Bogle is a great read. While it's not specifically focused on cryptocurrency trading, the principles outlined in this book can be applied to any type of investment, including cryptocurrencies. It emphasizes the importance of low-cost index funds and long-term investing. This book is a classic and provides valuable lessons for investors of all levels.
  • avatarDec 17, 2021 · 3 years ago
    One book that stands out for its unique perspective is 'Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money' by Nathaniel Popper. This book takes a narrative approach to explore the early days of Bitcoin and the people behind it. It provides an inside look into the challenges and triumphs of the cryptocurrency industry. It's a fascinating read that sheds light on the human side of the digital currency revolution.
  • avatarDec 17, 2021 · 3 years ago
    If you're interested in the psychology of trading, 'Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude' by Mark Douglas is a must-read. Although it's not specifically focused on cryptocurrency trading, the principles discussed in this book are applicable to any market. It explores the mindset and emotions of successful traders and provides strategies for overcoming common trading pitfalls. This book can help traders develop the discipline and confidence needed to succeed in the cryptocurrency market.
  • avatarDec 17, 2021 · 3 years ago
    One more book I would recommend is 'The Intelligent Investor' by Benjamin Graham. While it's not specifically about cryptocurrency trading, it's considered a classic in the field of value investing. The principles outlined in this book, such as analyzing fundamentals and investing for the long term, can be applied to cryptocurrency trading as well. It provides a solid foundation for understanding the principles of investing and can help traders make informed decisions in the volatile cryptocurrency market.