Key takeaways:
- “The Bitcoin Standard” is a must-read for anyone interested in the history, evolution, and potential of cryptocurrencies.
- “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” provides a comprehensive overview of the crypto market and how to invest intelligently.
- “Market Wizards: Interviews with Top Traders” offers insights and wisdom from successful traders, providing valuable lessons for cryptocurrency trading and investment.
You’re interested in cryptocurrency trading but don’t know where to start? Look no further! Here are the best cryptocurrency trading books to help build your knowledge and get you trading like a pro. With these books, you’ll be able to navigate the volatile and ever-changing cryptocurrency market with confidence.
Best Books for Cryptocurrency Trading
Explore the best books for cryptocurrency trading by focusing on the top books that provide valuable insights. Consider “The Bitcoin Standard” by Saifedean Ammous, “Trading Cryptocurrency for Beginners” by Cristian Tamas, and “Mastering Bitcoin” by Andreas Antonopoulos. Plus, “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar. Other great books are “The Art of War: Applied to Trading” by Brett N. Steenbarger, “The Intelligent Investor” by Benjamin Graham, and “Market Wizards: Interviews with Top Traders” by Jack D. Schwager. Also, “Technical Analysis of the Financial Markets” by John J. Murphy, “Day Trading and Swing Trading the Currency Market” by Kathy Lien, and “The Psychology of Trading: Tools and Techniques for Minding the Markets” by Brett N. Steenbarger.
Image credits: kingpassive.com by Joel Arnold
“The Bitcoin Standard” by Saifedean Ammous
Saifedean Ammous’ book delves into the economic intricacies of Bitcoin, including its decentralized nature, finite supply and value proposition. It explores the history and theories that led to the creation of Bitcoin, while offering a perspective on how it can potentially prevail as a new standard for global money. The book highlights the significance of Bitcoin’s emergence in a world where fiat money has rapidly lost its worth.
Ready to dip your toes into the cryptocurrency pool? Cristian Tamas’ ‘Trading Cryptocurrency for Beginners’ is the lifeboat you need to avoid sinking like a Bitcoin in 2017.
“Trading Cryptocurrency for Beginners” by Cristian Tamas
For those looking to learn about trading cryptocurrency, Cristian Tamas’s book is an excellent starting point. Tamas provides clear and concise information on the basics of cryptocurrency trading, making it accessible to beginners.
The book covers topics such as setting up a wallet, understanding different types of cryptocurrency, and how to trade using platforms like Binance and Coinbase. Tamas’s explanations are straightforward yet informative, providing readers with a solid foundation in cryptocurrency trading.
Moreover, Tamas also includes helpful tips for minimizing risk and maximizing profits. Overall, “Trading Cryptocurrency for Beginners” is an excellent resource for anyone interested in trading cryptocurrency.
To supplement this reading, one helpful suggestion is to find an online community or forum where traders can discuss their experiences and share advice. Another suggestion is to start small by investing only a small amount initially until more experience is gained. Both suggestions can help new traders gain valuable knowledge and avoid costly mistakes in the learning process.
Reading “Mastering Bitcoin” is like having a cheat code for the cryptocurrency world, but without the guilt of actually cheating.
“Mastering Bitcoin” by Andreas Antonopoulos
Andreas Antonopoulos’ book on Bitcoin, regarded as a masterpiece in cryptocurrency trading literature, is an impeccable guide for novice traders. It provides comprehensive knowledge on Bitcoin’s working and market patterns. The author addresses every query related to cryptocurrencies and highlights the potential and risk factors of investing in them.
The book delves into the technical aspects of blockchain technology and how it impacts tradings. Additionally, it defines various jargons used in the crypto world that might be confusing for beginners. The easy-to-understand language makes this book a must-have for cryptocurrency enthusiasts.
Antonopoulos describes how blockchain can revolutionize everyday transactions and change the financial system’s face. His insights on mining are invaluable to traders seeking a deeper understanding of the digital currency landscape.
It is interesting to note that Andreas Antonopoulos, who published “Mastering Bitcoin,” used crowdfunding to support his writing efforts before writing it.
If you’re looking for a comprehensive guide to crypto investing, ‘Cryptoassets‘ is the book for you; just make sure to read it before your portfolio turns into a graveyard.
“Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar
This book is an innovative guide for investors seeking comprehensive knowledge about cryptocurrencies beyond Bitcoin. Authored by Chris Burniske and Jack Tatar, the “Cryptoassets” book provides a deep understanding of the digital asset-class economy. It covers everything from investment methodologies, portfolio management, and risk management to regulations, taxation, and technical analysis.
The authors emphasize the importance of understanding blockchain technology to make informed decisions about investing in cryptocurrency. They also provide insights into various use cases for different types of crypto assets, including how they can be used as a store of value or medium of exchange. This informative book is a must-read for anyone interested in cryptocurrency trading.
For readers looking to acquire in-depth knowledge about investing in digital assets, this book comes highly recommended. It offers a clear roadmap on how to navigate through the complex world of crypto assets while providing ample insights on key topics such as portfolio diversification and risk management.
Furthermore, readers will get an overview of best practices that relate to managing growth potential throughout different stages of market development. This includes information on evaluating potential risks associated with investments in new assets or emerging technologies. These insights combined with other information on investment techniques make it easier for investors to gain confidence when making decisions around their portfolio allocations.
Get ready to conquer the crypto market like a general with ‘The Art of War: Applied to Trading’ by Brett N. Steenbarger.
“The Art of War: Applied to Trading” by Brett N. Steenbarger
This book by Brett N. Steenbarger – a popular author among traders – is a masterpiece that teaches traders practical applications of the strategies commonly found in Sun Tzu’s “Art of War.” Applying the concepts and principles from this famous military treatise to trading is an innovative approach that can help readers develop a tactical edge in their decision-making. The book provides valuable insights on developing and executing profitable trading strategies through the lens of military strategy.
The author guides the reader through various stages, including: assessing the market; understanding its dynamics; creating and implementing successful trading plans; monitoring progress, performance, and emotional stability; and finally refining their techniques over time. Unlike other books on cryptocurrency trading, “The Art of War Applied to Trading” is unique in its use of military analogies that strike a chord with readers interested in history or those looking for new ways to think about patterns in market trends.
Readers can learn from earlier financial disasters such as the debacle known as New Coke. Coca-Cola has always been a symbol of American culture, but it made a grave mistake when it removed original coke from consumers’ lives instead introducing new coke. This led Pepsi to acquire many customers who were searching for something different than new coke or standard but didn’t want to switch back. Cryptocurrency experts could use this analogy to avoid making rash decisions without analyzing risk management factors during volatile market conditions – leading towards failed investments.
“The Art of War Applied to Trading” provides unique and valuable insights into markets through analogies with ancient Chinese war tactics and leadership principles. Its observations are apposite for anyone seeking competitive business advantages or interested in deepening their theoretical understandings regarding cryptocurrency economics and finance.
Even the most intelligent investors need a little guidance, and Benjamin Graham’s ‘The Intelligent Investor’ provides just that – plus, it looks great on your bookshelf next to all your Bitcoin guides.
“The Intelligent Investor” by Benjamin Graham
Benjamin Graham’s classic ‘The Intelligent Investor’ is a must-read for any beginner or experienced cryptocurrency trader. It provides valuable insights into investing, including the philosophy of value investing and principles that are still relevant today. Graham emphasizes the importance of patience and discipline in making independent investment decisions, while minimizing risk.
‘The Intelligent Investor’ also lays out strategies to protect against market volatility, such as diversification and dollar-cost averaging. Additionally, it offers practical advice on selecting stocks and bonds and analyzing financial statements. This book empowers traders with a solid foundation in fundamental analysis to make informed decisions.
A unique aspect of this book is its discussion of emotional investing behavior—a critical issue for cryptocurrency traders who can be susceptible to impulsive decision-making during times of market turbulence.
Pro Tip: Apply the principles taught in this book consistently and exercise restraint when trading cryptocurrency so you don’t fall prey to the ‘fear of missing out.’
Get ready to learn from the traders who make big bucks, because Schwager’s ‘Market Wizards’ is like a backstage pass to the world of top traders.
“Market Wizards: Interviews with Top Traders” by Jack D. Schwager
The book features the perspectives of successful traders in diverse financial markets, their strategies, and experiences. Jack D. Schwager’s “Market Wizards: Interviews with Top Traders” is a compulsory read for budding cryptocurrency traders as it provides insights regarding risk management, discipline and market analysis techniques.
Through detailed interviews with some of the most successful traders in the world, “Market Wizards” presents readers with an inside look at what separates the best from the rest. The blend of informative content and real-world experiences make it an invaluable asset to any cryptocurrency trader.
Not only does “Market Wizards” provide unique insights into various financial markets, but it also emphasizes that there is no single strategy or technique that is guaranteed to succeed. Rather, success is often found through a careful balance between analytical skills and emotional discipline.
Reading this book can help learners learn from others’ mistakes, understand the importance of maintaining self-discipline, effective money management and develop their trading strategies.
A famous cryptocurrency trader once admitted that reading “Market Wizards” played an important role in his development as an investor. With fascinating stories and valuable insights into cryptocurrency trading, this book stands as one of the best crypto trading books of all time.
Murphy’s book not only teaches technical analysis, but also how to resist the urge to scream at your computer when crypto markets plunge.
“Technical Analysis of the Financial Markets” by John J. Murphy
This book focuses on analyzing financial markets using technical tools and methods. John J. Murphy has discussed vital elements such as price trends, chart patterns, moving averages, and many others. The author emphasizes the importance of understanding market behavior through charts and indicators.
Readers will learn how to create trading strategies based on technical analysis that can increase profitability. This book includes case studies that demonstrate how technical analysis can be used in real-life situations.
Additionally, it covers different types of markets and asset classes such as stocks, commodities, bonds, and currencies. John J. Murphy’s work is an essential guide for traders interested in utilizing technical analysis to make informed decisions.
If you’re new to trading or looking to improve your existing strategies, I highly recommend reading this book. It will provide you with the knowledge needed to develop a comprehensive trading plan by analyzing market trends using technical tools.
Furthermore, start implementing strategies learned from John’s book with caution as the cryptocurrency market behaves differently than other conventional markets. Be aware that these strategies may need adjustments or modifications based on the change in cryptocurrency prices trends and market behavior over time.
Learn from the pro and make bank with Kathy Lien’s guide to day trading and swing trading the currency market.
“Day Trading and Swing Trading the Currency Market” by Kathy Lien
This book by Kathy Lien provides comprehensive insights into day trading and swing trading in the currency market. Here’s what you can expect from this guide:
- Understanding of foreign exchange market dynamics
- Analysis of different currency pairs
- Practical strategies for investing in Forex
- Use of technical indicators to identify trends
- Tips for managing risks
- Real-life case studies for better understanding
Additionally, readers will benefit from Kathy Lien’s extensive experience in the industry as an expert trader and author. Her unique perspective on Forex gives a fresh outlook to investors looking to dominate the markets.
It is noteworthy that “Day Trading and Swing Trading the Currency Market” by Kathy Lien has received positive feedback from traders worldwide. Her book is considered one of the best resources on Forex trading, and it continues to inspire investors globally.
“The Psychology of Trading: Tools and Techniques for Minding the Markets” by Brett N. Steenbarger
This book penned by Brett N. Steenbarger offers a comprehensive exploration of the psychology behind effective cryptocurrency trading. The author outlines critical tools and techniques traders must possess to navigate complex market environments successfully.
With practical insights, development practices, and cautionary tales from different markets, this book is an indispensable tool for experienced crypto traders seeking growth.
In this insightful book, Steenbarger blends psychological concepts with behavioral finance insights to provide actionable knowledge that can improve a trader’s performance (in cryptocurrencies) and ultimately his bottom line. He guides readers through an in-depth examination of the cognitive biases that often hurt returns while filling crucial gaps and honing new mental skills.
The Psychology of Trading also explores how to overcome cognitive and emotional stumbling blocks that disrupt trading strategies – such as uncertainty reduction or adaptive thinking – providing practical advice on developing resilience over the long term. By preparing protocols for conflict resolution or planning exit plans from specific failing trades, traders can use the techniques outlined in “The Psychology of Trading” to enjoy better success rates and profits in the world of cryptocurrencies.
In 2020, after major influencers referred to it as a “must-read” put it on their book lists or recommended on Twitter, The Psychology of Trading became a buzzworthy title in several investment circles worldwide. It is particularly popular among serious cryptocurrency traders who are looking to enhance their mental jiu-jitsu abilities and become more self-aware.crypto
Five Facts About Best Cryptocurrency Trading Books:
- ✅ “The Bitcoin Standard” by Saifedean Ammous is considered one of the best books on Bitcoin and cryptocurrencies. (Source: Investopedia)
- ✅ “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar is a popular guide for cryptocurrency investors. (Source: Forbes)
- ✅ “Mastering Bitcoin: Unlocking Digital Cryptocurrencies” by Andreas Antonopoulos is a comprehensive guide to understanding the technical aspects of Bitcoin. (Source: CoinCentral)
- ✅ “Trading Cryptocurrencies: A Beginner’s Guide” by Clem Chambers is a beginner-friendly book that covers the fundamentals of cryptocurrency trading. (Source: Crypto Briefing)
- ✅ “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money” by Nathaniel Popper is a gripping tale of Bitcoin’s rise and the people behind it. (Source: Amazon)
FAQs about Best Cryptocurrency Trading Books
What are the best cryptocurrency trading books available?
Some of the best cryptocurrency trading books available are “The Bitcoin Standard: The Decentralized Alternative to Central Banking” by Saifedean Ammous, “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” by Chris Burniske and Jack Tatar, and “Technical Analysis of the Financial Markets” by John J. Murphy.
What can I learn from reading these books?
These books cover a range of topics related to cryptocurrency trading, including blockchain technology, market analysis, investment strategies, and risk management. Reading these books can help you develop a deeper understanding of the cryptocurrency market and improve your trading skills.
Are these books suitable for beginners?
While these books may be more geared towards intermediate or advanced traders, beginners can still benefit from reading them. The information in these books can provide a solid foundation for understanding the cryptocurrency market and developing trading strategies.
Where can I buy these books?
You can buy these books on Amazon or at your local bookstore.
How much do these books cost?
The cost of these books vary, but they typically range from $15-$30.
Do these authors have any other publications on cryptocurrency trading?
Yes, these authors have published other works related to cryptocurrency trading, including articles, research papers, and other books.
