Which books on day trading for beginners cover strategies and techniques specifically for trading cryptocurrencies?

7 answers

• Mar 06, 2022 · 3 years ago
  Sure! One book that I highly recommend for beginners in day trading cryptocurrencies is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book covers the basics of day trading, including strategies and techniques that are specifically tailored for trading cryptocurrencies. It provides a comprehensive guide on how to analyze market trends, manage risks, and make informed trading decisions. Whether you're new to day trading or already have some experience, this book is a valuable resource for anyone interested in trading cryptocurrencies.
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• Mar 06, 2022 · 3 years ago
  If you're looking for a more technical approach to day trading cryptocurrencies, 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos is a great choice. Although it's not specifically focused on day trading, this book provides a deep understanding of the underlying technology behind cryptocurrencies, which can be extremely helpful in formulating effective trading strategies. It covers topics such as blockchain, mining, and security, which are essential for anyone looking to trade cryptocurrencies.
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• Mar 06, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a wide range of educational resources for beginners in day trading cryptocurrencies. Their website provides tutorials, articles, and video courses that cover strategies and techniques specifically tailored for trading cryptocurrencies. They also have a dedicated support team that can assist beginners in getting started with day trading. I highly recommend checking out their platform and taking advantage of their educational resources.
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• Mar 06, 2022 · 3 years ago
  When it comes to day trading cryptocurrencies, it's important to stay updated with the latest market trends and news. 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar is a book that provides valuable insights into the world of cryptocurrencies and how to navigate the market effectively. It covers various strategies and techniques for trading cryptocurrencies, including day trading. This book is suitable for both beginners and experienced traders.
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• Mar 06, 2022 · 3 years ago
  Day trading cryptocurrencies can be a highly volatile and risky endeavor, so it's crucial to have a solid understanding of risk management. 'The Little Book of Common Sense Investing' by John C. Bogle is a classic book that emphasizes the importance of long-term investing and diversification. While it's not specifically focused on cryptocurrencies, the principles discussed in this book can be applied to day trading cryptocurrencies as well. It provides valuable insights on how to minimize risks and maximize returns.
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• Mar 06, 2022 · 3 years ago
  If you prefer a more practical approach to learning day trading strategies for cryptocurrencies, 'Cryptocurrency: How to Make a Lot of Money Investing and Trading in Cryptocurrency' by Andrew Johnson is a great choice. This book provides step-by-step guidance on how to analyze market trends, identify profitable trading opportunities, and execute successful trades. It covers various strategies and techniques that are specifically tailored for trading cryptocurrencies. It's a beginner-friendly book that can help you get started in day trading cryptocurrencies.
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• Mar 06, 2022 · 3 years ago
  Day trading cryptocurrencies requires a combination of technical analysis and market research. 'Technical Analysis of the Financial Markets' by John J. Murphy is a comprehensive guide that covers various technical analysis tools and techniques. While it's not specifically focused on cryptocurrencies, the principles discussed in this book can be applied to day trading cryptocurrencies as well. It provides valuable insights on how to analyze price charts, identify trends, and make informed trading decisions.
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