Top 5 cryptocurrency books all bitcoin traders need to read; If you ever wondered what’s the one thing you can do to change your life and create a strong source of passive income, it most certainly is investing. But there are so many types of investment and strategies and assets that it’s not that simple to make the right choice, especially if you’re first getting started.
However, investing in the crypto market has historically provided some astronomical returns, and recently, it has been doing better than any other investment vehicle. The reason for this might be that despite the high volatility of this market, cryptocurrencies can generate fantastic profits for courageous individuals or businesses who are willing to invest in these assets.
The problem is that many people have never invested in anything. So, where do you start?
The truth is, there are no tips and tricks that work for everyone. But, you can do things to learn more and take action. So, that is what this article is going to be about. First, it will cover the basics of investing, and more importantly, it will show you some easy ways to begin your crypto journey.
So, let’s get started!
What does investing in crypto actually mean?
Firstly, it means you should have a certain amount of knowledge about decentralized money and Blockchain technology.
People think that following crypto trends is enough for generating profit. But in reality, you don’t have to be an expert; but you need to rely on your own strategies, experience, predictions, and logic. So the best way to do this is to learn as much as possible about digital assets. Therefore, you can do this in a number of ways, as various sources of learning cryptocurrency books are available.
Still, there are so many people on the internet who claim to be experts in crypto investing that you can easily get overwhelmed and quit before you even start. Knowing who to trust is difficult in the era of modern technologies and influencers; who make their commissions on selling courses and posting social media content. According to cryptonews.com, the best thing you can do is to read a book. Or several books about crypto.
Since there are a ton of books about crypto, let’s take a look at some of the best ones to help you become a better (or a good) crypto investor.
Top 5 cryptocurrency books all bitcoin traders need to read in 2022
1 – Cryptocurrency Book: The Bitcoin Standard
Authors: Don Tapscott, Alex Tapscott
So, this book was one of the first books about crypto; and its authors have proven to be one of the crypto community’s most influential and valuable contributors.
The book covers a lot of the history of Bitcoin, starting from its very inception in 2008 to its future prospects. So, it is a very detailed and thorough book, and it helps you better understand the future of money.
It’s a book that will not only help you understand cryptocurrencies in general, but it will help you trade BTC specifically. It will also expand your point of view about traditional fiat currencies, gold, and finally – the concept of crypto.
2 – Cryptocurrency Book: Bitcoin From Beginner to Expert
Author: Christian Newman
This book is a great place to start if you are a news Bitcoin Traders who need to learn more in this field. However, if you know nothing about Bitcoin, this will not only teach you the basics when it comes to the theory; but it will also thoroughly explain how blockchain technology works – in a practical way.
The author, a seasoned professional, provides readers with everything they need to know about cryptocurrencies in general. It starts by exploring the concept of Bitcoin, highlighting the importance of cryptocurrency and its potential for the future. The book then delves into the architecture of Bitcoin, explaining how the system works.
It also explores the concepts of cryptography and the importance of the public key infrastructure (PKI), followed by the decentralized nature of cryptocurrencies and the challenges that come with it. You’ll get, Of course, you’ll portion of the mining as well.
3 – Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money
Author: Nathaniel Popper
This cryptocurrency book is for people who are not that into learning per se, but they are rather interested in reading interesting stories that can eventually teach them what they need in the first place. This is exactly what you can get if you opt for Digital Gold.
If you don’t know where to start, you won’t make a mistake with this book. Why? Because it will teach you the basics of Bitcoin and crypto in general; it will also help you understand the ideological ideas behind it and philosophic; and economic factors that are important in a very entertaining way.
Not to mention the brief history of this cryptocurrency and how it might change the way we perceive money (which turned out to be true). Give it a shot!
4 – Cryptocurrency Book: Bitcoin Billionaires
Author: Ben Mezrich
This book is somewhat different from all the others on the list because it’s written for beginners; and experienced investors of any kind. So if you’re an investor who invests in different types of assets, and if you’ve even invested in cryptocurrency but you don’t have that much knowledge about bitcoins specifically, this book is perfect for you. It’s not a textbook, but it will teach you a lot of important lessons.
It is based on an interesting story with a lot of insights about the Winklevoss brothers; and their journey from the settlement with Facebook to owning Bitcoin.
Finally, you will find it intriguing how a book can leave you thinking about matters you’ve never had on your mind before.
5 – Bubble or Revolution: The Future of Bitcoin, Blockchains, and Cryptocurrencies
Authors: Neel Mehta, Aditya Agashe, and Parth Detroja
If you want to read a good analysis of both cryptocurrencies and blockchain technology in general, this is the right choice.
Bubble or Revolution is a book that will teach you some core concepts and definitions of crypto, along with a bit of history and technical knowledge. It’s not a book that is going to teach you how to use bitcoin or any other cryptocurrency, but rather a book that will help you understand what the technology is, why it was created and where it is going.
Bitcoin has ignited a new revolution in finance, the internet, and even government. But despite its popularity and technological promise, its future is unclear. What does this new technology mean for our future? What are its potential applications? Can bitcoin and the blockchain change the way we live and work? This book answers these questions by explaining the basics and helping you indulge in this controversial world.
