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What are the best option trading books for cryptocurrency investors?

avatarAshish SahDec 26, 2021 · 3 years ago7 answers

As a cryptocurrency investor, I'm interested in learning more about option trading. Can you recommend some of the best books on option trading specifically for cryptocurrency investors? I want to improve my knowledge and skills in this area to make better investment decisions. Any suggestions?

What are the best option trading books for cryptocurrency investors?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! One highly recommended book for cryptocurrency investors interested in option trading is "Options Trading Crash Course: The #1 Beginner's Guide to Make Money With Trading Options in 7 Days or Less!" by Frank Richmond. It provides a comprehensive introduction to option trading and covers strategies specifically tailored for cryptocurrency markets. It's a great starting point for beginners.
  • avatarDec 26, 2021 · 3 years ago
    Well, if you're looking for a more advanced book, "The Options Playbook" by Brian Overby is a popular choice. Although it's not specifically focused on cryptocurrency, it covers a wide range of option trading strategies that can be applied to any market, including cryptocurrencies. It's a comprehensive guide that can help you take your option trading skills to the next level.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand the importance of education in the cryptocurrency space. While there are many great books on option trading, one that stands out is "Crypto Options: How to Make Money and Not Get Rekt" by BYDFi's own team of experts. This book provides valuable insights into the world of cryptocurrency options and offers practical tips for successful trading. It's definitely worth checking out if you're serious about option trading in the crypto market.
  • avatarDec 26, 2021 · 3 years ago
    If you prefer a more casual and easy-to-understand approach, "Options Trading for Beginners: The Ultimate Guide to Make Money With Options Trading" by Matthew Bear is a great choice. It breaks down complex concepts into simple terms and provides step-by-step guidance on how to get started with option trading. It's perfect for beginners who want to learn at their own pace.
  • avatarDec 26, 2021 · 3 years ago
    Another book that's worth mentioning is "The Intelligent Investor" by Benjamin Graham. While it's not specifically about option trading, it's a classic investment book that teaches valuable principles of value investing and risk management. These principles can be applied to any investment, including cryptocurrency options.
  • avatarDec 26, 2021 · 3 years ago
    If you're interested in learning from real-life experiences, "Market Wizards: Interviews with Top Traders" by Jack D. Schwager is a must-read. It features interviews with successful traders from various markets, including cryptocurrency. Although it doesn't focus solely on option trading, it provides valuable insights and inspiration from the best in the industry.
  • avatarDec 26, 2021 · 3 years ago
    For those who prefer a more technical approach, "Options, Futures, and Other Derivatives" by John C. Hull is a comprehensive textbook that covers a wide range of derivative instruments, including options. It's a bit more advanced and may require some prior knowledge, but it's a valuable resource for those looking to dive deep into the world of options.