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What are the best algo trading books for cryptocurrency traders?

avatarNisitha LakshanDec 29, 2021 · 3 years ago3 answers

I'm looking for recommendations on the best algorithmic trading books specifically tailored for cryptocurrency traders. Can anyone suggest some highly regarded books that cover topics such as trading strategies, technical analysis, and risk management in the context of cryptocurrency trading?

What are the best algo trading books for cryptocurrency traders?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One highly recommended book for cryptocurrency traders interested in algorithmic trading is "Algorithmic Trading: Winning Strategies and Their Rationale" by Ernie Chan. This book provides a comprehensive overview of algorithmic trading strategies and covers topics such as statistical arbitrage, mean reversion, and momentum trading. It also includes practical examples and code snippets that can be applied to cryptocurrency trading. Overall, it's a great resource for traders looking to enhance their algorithmic trading skills in the cryptocurrency market.
  • avatarDec 29, 2021 · 3 years ago
    If you're looking for a more beginner-friendly book, "Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs" by Aimee Vo is a good choice. This book covers the basics of cryptocurrency trading, including how to read charts, identify trends, and manage risk. It's a great starting point for those new to algorithmic trading in the cryptocurrency market.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends "Mastering Bitcoin: Unlocking Digital Cryptocurrencies" by Andreas M. Antonopoulos. Although not specifically focused on algorithmic trading, this book provides a comprehensive understanding of Bitcoin and the underlying technology, which is essential for any cryptocurrency trader. It covers topics such as blockchain, mining, and wallet security. Understanding the fundamentals is crucial for developing effective algorithmic trading strategies in the cryptocurrency market.