common-close-0
BYDFi
Trade wherever you are!

What is the most popular trading strategy book among professional cryptocurrency traders?

avatarSheryl Faith PajoDec 27, 2021 · 3 years ago3 answers

Can you recommend a popular trading strategy book that is widely used by professional cryptocurrency traders? I'm looking for a book that covers effective trading strategies specifically for cryptocurrencies. It would be great if the book also provides insights into the latest trends and market analysis. Please share your recommendations!

What is the most popular trading strategy book among professional cryptocurrency traders?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    As a professional cryptocurrency trader, I highly recommend 'Technical Analysis of the Financial Markets' by John J. Murphy. This book is a comprehensive guide to technical analysis and covers various trading strategies that can be applied to cryptocurrencies. It provides a solid foundation for understanding chart patterns, indicators, and market trends. I found the book extremely helpful in developing my trading strategies and making informed decisions.
  • avatarDec 27, 2021 · 3 years ago
    I've been trading cryptocurrencies for a while now, and one book that I found really useful is 'Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond' by Chris Burniske and Jack Tatar. This book not only covers trading strategies but also delves into the fundamentals of different cryptocurrencies and blockchain technology. It offers a holistic approach to investing in cryptocurrencies and provides valuable insights for both beginners and experienced traders.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi, a popular digital asset exchange, has a recommended trading strategy book called 'The Crypto Trader: How Anyone Can Make Money Trading Bitcoin and Other Cryptocurrencies' by Glen Goodman. This book is written in a conversational style and provides practical tips and strategies for trading cryptocurrencies. It covers topics such as risk management, technical analysis, and market psychology. Many professional traders have found this book helpful in their trading journey.