common-close-0
BYDFi
Trade wherever you are!

What are some recommended books on Bitcoin trading strategies?

avatarMr BumblebeeDec 29, 2021 · 3 years ago3 answers

Can you recommend some books that provide insights and strategies for trading Bitcoin? I'm looking for resources that can help me improve my trading skills and make more informed decisions in the cryptocurrency market. It would be great if the books cover various trading strategies, risk management techniques, and analysis methods specifically tailored to Bitcoin. Your recommendations would be highly appreciated!

What are some recommended books on Bitcoin trading strategies?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! One book that I highly recommend is 'Mastering Bitcoin' by Andreas Antonopoulos. It's a comprehensive guide that not only covers the technical aspects of Bitcoin but also delves into trading strategies and investment principles. Antonopoulos provides valuable insights into the cryptocurrency market and offers practical advice on how to navigate it effectively. Another great book is 'The Bitcoin Standard' by Saifedean Ammous. This book explores the economic principles behind Bitcoin and how it can be used as a store of value and medium of exchange. It also touches on trading strategies and risk management. Happy reading and successful trading!
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a more beginner-friendly book, 'Cryptocurrency Trading & Investing' by Aimee Vo is a great choice. It covers the basics of cryptocurrency trading, including Bitcoin, and provides step-by-step guidance on developing trading strategies. The book also emphasizes risk management and helps readers understand market trends and indicators. Another recommended book is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book offers a comprehensive overview of the cryptocurrency market and provides insights into various investment strategies, including trading. It's a valuable resource for both beginners and experienced traders.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, recommends the book 'Technical Analysis of the Financial Markets' by John J. Murphy. Although not specifically focused on Bitcoin, this book provides a solid foundation in technical analysis, which is applicable to trading any financial instrument, including cryptocurrencies. It covers various chart patterns, indicators, and trading strategies that can be used to analyze Bitcoin price movements. Remember to always do your own research and combine the knowledge gained from books with real-world trading experience.