Knowledge is power, and knowledge about trading is power over your investments.
When I jumped in the Crypto-Universe I got most of my knowledge from Twitter. There are a lot of good traders out there which gladly share their experience and their know-how. BUT... there are a lot of people sharing sh*t advice. People who don't know what they're talking about, or people who are trying to hype a coin.
So the question is: Do you trust a stranger with your money?
)So put in the work, build your knowledge, and take your finances and investments in your own hands!
These are five books that helped me to understand investing, blockchain technology and crypto's. And I hope they will help you!
Number 1.
Before we get into the great books about crypto, I first can recommend this absolutely fantastic book about investing in general. Before you go and invest you have to understand the big picture of the markets but especially what your goals are.
In this book Tony Robbins is taking you on a journey to transform your financial life and accelerate your path to more financial freedom. No matter your salary, your stage of life, or when you started, this book will provide the tools to help you achieve your financial goals more rapidly than you ever thought possible.
The book is very practical and prevents you getting lost in the complicated financial world. Tony shows that it isn't all that difficult to invest and become more financially free.
Some practical points:
-How to put together a simple, actionable plan that will deliver true financial freedom.
-Strategies from the world’s top investors on how to protect yourself and your family and maximize profit from the inevitable crashes and corrections to come.
-How a few simple steps can add a decade or more of additional retirement income.
-The core four principles that most of the world’s greatest financial minds utilize so that you can maximize upside and minimize downside.
Number 2.
Brian Patrick Eha lives in New York City and is a former editor at Entrepreneur and a journalist who has spent nearly five years following the rise of Bitcoin.
This book is about the pioneers of Bitcoin. The twenty-first-century outlaws - cryptographers, hackers, Free Staters, ex-cons and drug dealers, teenage futurists and self-taught entrepreneurs. Some of them motivated by a renegade ideology and a grudge against big government and big banks. Now those same institutions are threatening to co-opt or curtail the impact of digital currency. But the pioneers, some of whom have become millionaires themselves, aren't going down without a fight.
How Money Got Free reveals how crypto technology is shaping the debate around competing ideas of money and liberty, and what that means for our future. It is a nice overview of the history of cryptocurrency packed in an easy to read story.
Number 3.
While many books explain the how of bitcoin, The Internet of Money delves into the why of bitcoin. Andreas M. Antonopoulos is an information-security expert and examines and contextualizes the importance of bitcoin and other crypto's through a series of essays.
Number 4.
This book is an absolute MUST-READ if you're new to blockchain technology and cryptocurrency. It is basically a non-technical guide to understand blockchain.
The book aims to help you get your head around blockchains in general and around Ethereum specifically. Since Ethereum is currently the pre-imminent blockchain, it makes sense as reference point. The essential stuff is the same for any blockchain.
This text was written for people with a fast grasp, who are not programmers. Reading this should give you the basics to cut through the hype and to identify blockchain opportunities in your professional domain. The book takes a good hard look at some of the limitations of crypto's, and talks about some of the history of the technology.
One of the nice things of this book is that the index reads like an FAQ and you can use the book like that. However, there is a strong build up, one chapter leading to the next, as optimized path to understanding all the interconnected, moving parts.
When you've read this book you absolutely have a good base knowledge of blockchain and crypto to start making your own decisions.
Number 5.
For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. Simply reading this book, however, will not make you a profitable trader. Profit in trading does not come with reading a book or two or browsing online. It comes with practice, the right tools and software and appropriate ongoing education.
Intermediate traders may benefit from the book's extensive overview of some of the classic strategies that the majority of retail traders regularly use with proven success. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies:
ABCD Pattern Trading
Bull Flag Momentum Trading
Top Reversal Trading
Bottom Reversal Trading
Moving Average Trend Trading
VWAP Trading
Support and Resistance Trading
I hope these books will help you to feel more at home in the cryptocurrency universe, and they will help you be more successful making more profits.
Let me know in the comments when you know any other books that will be helpful. I will add them to the story and mention you. Please tell me what was of most value for you, so I can add it to the description of the book.
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Now gooooooooooooooooooo..... TRADE!!!
I started to share my thoughts and stories on Steemit because I have a deep passion to inspire people and make them think. I've always found inspiration in stories of other people's experiences and I love to share my own experiences on what I discover in my life. I hope some people might find some inspiration in thema and will help them to go further in life.
If you liked this story please consider upvoting and following me. It would really help me to build a community of like minded people that motivate each other. Also I really love to hear your thoughts in the comments!
I wish you well!
Love,
Koen Folkerts
