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5 practical books on coin trading
Hey, you young fools still dreaming of getting rich from cryptocurrency! I've been “fighting” in this market for many years and will tell you about the essential books I've used. They're not textbooks or anything, but they've saved my life quite a few times!
A trader's life like mine was completely clueless at first. Then I found these books, which saved me some money:
“The Cryptocurrency Trader” by Glen Goodman: This guy used to make a fortune from the crypto market. The book teaches technical analysis, risk management - things that still give me a headache. There are also interviews with pros, and after reading it, at least I understand why they are rich while I am poor.
“Cryptocurrency Trading” by Clem Chambers: This book teaches how to read charts and identify trends. To be honest, I still often have blind FOMO, so I find the psychology section quite useful. It helps avoid burnout a lot!
“Cryptocurrency Assets” by Burniske and Tatar: A book that helps analyze investments in different coins. Of course, you still lose to the insiders, but at least there's some logical basis instead of blindly diving in.
Ammous's “Bitcoin Standard”: Although it doesn't teach trading, I understand Bitcoin better and see the long-term picture. Sometimes investing, rather than day trading, is the wiser choice.
Murphy's “Technical Analysis”: A classic for finance professionals. Applicable to crypto. I learned about chart patterns, indicators, and market trends. However, it is important to remember that the coin market is much crazier!
To be honest, trading coins is really risky! I lost a ton of money because I listened to some influencers. Don't be reckless like me, do thorough research before investing your money. I still remember the saying: “Only invest money that you can afford to lose sleep over.”
#LearnCrypto #traiding #trade #BTC
Note: Don't take my word blindly. This is not financial advice, just personal experience.