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Which trading strategy books are recommended for digital currency trading?

avatarDonna UpchurchNov 26, 2021 · 3 years ago3 answers

I'm looking for some recommendations on trading strategy books specifically for digital currency trading. Can anyone suggest some good books that cover effective trading strategies for cryptocurrencies? I want to improve my trading skills and learn from experienced traders in the digital currency market. Any suggestions would be greatly appreciated!

Which trading strategy books are recommended for digital currency trading?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure, I can recommend a few trading strategy books that are highly regarded in the digital currency trading community. One popular book is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. It provides a comprehensive overview of the digital currency market and offers insights into various investment strategies. Another great book is 'Technical Analysis of the Financial Markets' by John J. Murphy. Although it's not specifically focused on digital currency trading, it covers technical analysis techniques that can be applied to cryptocurrencies. Lastly, 'The Intelligent Investor' by Benjamin Graham is a classic investment book that teaches fundamental analysis and risk management principles, which are essential for any trader. These books should give you a solid foundation in trading strategies for digital currencies.
  • avatarNov 26, 2021 · 3 years ago
    If you're looking for a more practical guide, 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos is highly recommended. It not only covers the basics of Bitcoin and blockchain technology but also provides insights into trading strategies and risk management in the digital currency space. Another book worth mentioning is 'The Little Book of Common Sense Investing' by John C. Bogle. Although it's not specifically about digital currency trading, it offers valuable advice on long-term investing and diversification, which can be applied to cryptocurrencies as well. Remember, it's important to have a well-rounded understanding of trading principles and risk management strategies when venturing into the digital currency market.
  • avatarNov 26, 2021 · 3 years ago
    As an expert in the digital currency trading industry, I would recommend checking out the educational resources provided by BYDFi. They offer a wide range of trading strategy guides, webinars, and tutorials specifically tailored for digital currency traders. Their materials cover various trading strategies, risk management techniques, and market analysis methods. BYDFi's educational resources are highly regarded in the industry and can greatly enhance your trading skills. Make sure to take advantage of their free resources and stay updated with the latest trends and strategies in the digital currency market.