common-close-0
BYDFi
Trade wherever you are!

Which books on cryptocurrency options trading are recommended for beginners?

avatarRuhiyye26Dec 28, 2021 · 3 years ago3 answers

I'm new to cryptocurrency options trading and I want to learn more about it. Can you recommend any books that are suitable for beginners? I'm looking for resources that can provide a comprehensive understanding of cryptocurrency options trading, including strategies, risk management, and technical analysis. It would be great if the recommended books are easy to understand and written in a beginner-friendly language.

Which books on cryptocurrency options trading are recommended for beginners?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Sure! When it comes to books on cryptocurrency options trading for beginners, there are a few recommendations that I have. One popular choice is 'Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins & ICOs' by Aimee Vo. This book covers the basics of cryptocurrency options trading and provides insights into different strategies and techniques. Another great option is 'Options Trading: QuickStart Guide' by ClydeBank Finance. Although not specifically focused on cryptocurrency, this book offers a solid foundation in options trading, which can be applied to the cryptocurrency market as well. Both books are written in a beginner-friendly language and provide practical advice for beginners.
  • avatarDec 28, 2021 · 3 years ago
    If you prefer a more technical approach, 'Mastering Bitcoin: Unlocking Digital Cryptocurrencies' by Andreas M. Antonopoulos is highly recommended. Although it doesn't solely focus on options trading, this book provides a comprehensive understanding of Bitcoin and the underlying technology, which can be valuable for anyone interested in cryptocurrency options trading. It covers topics such as wallets, mining, and security. Another book worth mentioning is 'The Options Playbook' by Brian Overby. While it doesn't specifically cover cryptocurrency options trading, it offers a detailed guide to options trading strategies that can be applied to various markets, including cryptocurrencies.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends 'The Little Book of Common Sense Investing' by John C. Bogle. Although not specifically about cryptocurrency options trading, this book provides valuable insights into long-term investing strategies and the importance of diversification. It's a great resource for beginners who want to build a solid foundation in investing before diving into more advanced trading strategies. Remember, it's always important to do your own research and consider multiple sources when learning about cryptocurrency options trading.