Today’s turbulent cryptocurrency markets provide the best chance to make a lot of money in a short period of time. But only for those who can trade strategically and professionally. If you want to take advantage of this once-in-a-lifetime opportunity, you must learn how to trade for profit.
Reading one or more books on the subject is one of the finest ways to gain a lot of knowledge in a short amount of time. Books on professional cryptocurrency trading have the advantage of providing readers with a large amount of information in a well-structured and compacted format, allowing them to gain an understanding of all key areas of effective Bitcoin and altcoin trading while remaining focused.
So let’s have a look at all of the crypto trading books out now and see which one we think is the best for beginners and why, in contrast to the others.
1. Layered Money
Source: goodreads.com
With its intriguing examination into the beginnings of monetary systems, Layered Money provides the most in-depth analysis of all the crypto trading books on this list. Rather than focusing on specific crypto trading tactics, it examines how the role of money has evolved through time. It starts with the evolution of gold from a mined raw product to coins and then bank-issued gold certificates, and then moves on to the evolution of cryptocurrencies using the same technique.
Nik Bhatia’s book takes readers from the Renaissance to today’s central banking system and forwards to a trustworthy, digital currency-based financial future. It examines Central Bank Digital Currencies and their interactions with bitcoin to propose the next step in the evolution of global financial systems. Start trading cryptocurrency with a reputable cryptocurrency trading platform. Click here to make a trading account.
2. Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins, & ICOs
Source: goodreads.com
Aimee Vo’s book “Cryptocurrency Trading & Investing: Beginners Guide To Trading & Investing In Bitcoin, Alt Coins, & ICOs” is an excellent beginning-friendly book for non-tech folks since it explains complicated topics like Blockchain and Cryptocurrency in plain English. The book devotes an entire chapter to providing information on trading bitcoins from virtually any location on the planet. So, if someone wishes to trade bitcoin from Asia, the Middle East, or Africa, this book would be an excellent place to start.
In a non-tetchy manner, the book covers all necessary information about blockchain and cryptocurrencies such as Bitcoin, Etherium, Altcoins, and ICOs (initial coin offerings). The book begins with a basic introduction to blockchain technology, bitcoin mining, and wallet management, as well as bitcoin trading guides from around the world, tips for trading the top six cryptocurrencies, fundamental and technical analysis methods for trading cryptocurrencies, and other resources to help you become a successful cryptocurrency trader.
3. Blockchain Basics
Source: goodreads.com
Blockchain Basics is another excellent beginner’s book for those looking for a quick and easy introduction to blockchain technology in just 25 steps! The book is a quick read that avoids overly technical descriptions, making it a good choice for non-technical people who want to learn more about cryptocurrencies. With that in mind, this simple book, divided into 25 parts, leads you through every facet of blockchain technology without using any industry-specific jargon.
Unlike most crypto books, this one does not go into great detail about mathematical formulas and algorithms, which would make it difficult to understand for someone unfamiliar with the subject. One of the best things about Daniel Drescher’s book is how he uses a variety of common analogies and illustrations to present the topics in a way that is both natural and enjoyable for the reader.
4. CryptoAssets
Source: goodreads.com
The second book on the list is CryptoAssets, by Chris Burniske and Jack Tatar, which is one of the most well-known crypto books to date. The authors of this book discuss how, thanks to the growth of Bitcoin and blockchain technology, investors may make the most of their investing prospects. Litecoin, Ripple, Cardano, and Ethereum are just a few of the over 800 altcoins that have the potential to outperform Bitcoin. This book will appeal to individuals who wish to learn more about what lies beyond Bitcoin.
This quick read from two industry insiders will take you through the new world of blockchain as we know it, as well as how to invest in these new assets to secure your financial future. This best crypto trading book will give you a comprehensive explanation of the crypto asset system as well as potential investment opportunities.
5. The Internet Of Money
Source: code57.com
This book is for you if you are a beginner who is thinking about starting your investment journey. “The Internet of Money,” which began as a series of writings about cryptocurrency trading, now unveils the “why” behind Bitcoin (BTC). You’re probably curious about how Bitcoin works and why it’s so important. Andreas answers a slew of Bitcoin-related questions, including how the cryptocurrency can be scaled up in the future.
However, don’t expect a thorough examination of the technology or its applications. If you’ve been around crypto for a while, you’ll breeze through it. With Andreas’ analogies and metaphors, you will have a fun time reading.
6. Crypto Trading Pro
Source: goodreads.com
Norman’s book is one of the most recent to address our subject. If you want to invest properly and conquer your fear of making your first deal, this is excellent work. It’s also a great source of ideas for newbies and middle-of-the-road merchants. The author shows crypto traders how to avoid massive speculations in his work, and he includes many examples on live charts to make them easier to understand.
Conclusion
While speculation dominates the crypto market, the fundamentals remain strong and will continue to do so in the future. The six books listed above can assist you in progressing from a novice to a professional. So go out and purchase a copy right now and enjoy it.
