To succeed in the cryptocurrency niche, it is necessary to strive for more knowledge and self-control. One of the best ways to gain more knowledge is by learning from others.
This list gives an overview of some of the top books that can help you better understand the world of cryptocurrency and its place in the macro financial context.
But not only knowledge is power, acting on this knowledge is even more important.
Therefore, books related to self-insight and self-control were also included in this list.
Table of Contents
Bitcoin for Beginners by Caro Artemis (2021)
For beginners, this book is highly recommended. The terms and technology surrounding the two best known cryptocurrencies; Bitcoin and Ethereum are explained in a straightforward manner. ‘Bitcoin for Beginners’ is the perfect book for someone who wants to start their ‘Bitcoin education’.
Cryptoassets The Innovative Investor’s Guide to Bitcoin and Beyond by Chris Burniske and Jack Tatar (2017)
‘Cryptoasets: The Innovative Investor’s Guide’ is must-have for anyone who wants to broaden their knowledge of cryptocurrency and build a solid crypto investment thesis. Chris Burniske and Jack Tatar distinguish between different crypto assets and look at each category in detail.
Decentralized Finance: The Wall Street Era is Over by DEFIYIELD App (2021)
DefiYield.app wrote a book that tries to capture both the theory and practice of DeFi. The clear presentation of protocols and similarities between traditional finance makes DeFi easier to understand. This concrete and technically written book is definitely a must read for anyone who wants to delve into decentralized finance.
Unknown Market Wizards: The Best Traders You’ve Never Heard Of by Jack Schwager
Jack Schwager covers principles that successful traders use in his trading book. He summarizes this with real-life examples and executable principles. The book shows the story of unknown traders who grew from an average person to successful trader. A book for anyone who dreams of earning an income from crypto trading.
The Age of Anomaly: Spotting Financial Storms in a Sea of Uncertainty by Andrei Polgar (2018)
Andrei Polgar writes about the most important topics that will help you survive financial crises. An engaging and easily written book, it contains practical guides and reminds you to think critically and logically during periods of chaos. Perfect for surviving in the volatile world of crypto.
Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude by Mark Douglas (2000)
Trading in the zone is a book about self-control and self-understanding. How can we better understand problems that stem from fear and stress?
The book is for advanced traders who want to rise to the next level and will help them make sense of their own trading problems. The book shows that the faults usually lie with the person rather than the market or system.
Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor (1999)
Devil take the hindsight is a guide through financial history. The book teaches you more about the trends and forces that apply to this day. How speculation is closely linked to technological development and how one can speculate or invest on it. Definitely recommended for anyone who wants to understand the interplay between investing and speculating.
Manias, panics, and crashes: A history of financial crises by Charles P. Kindleberger, Robert Aliber and Robert Solow (2005)
Manias, Panics and Crashes provides a colorful and clear overview of the history of market bubbles over the past 300 years. The authors have developed an analytical system to see how a bubble forms, which types are the most dangerous, and whether we are currently in a bubble. This is a book to better understand the history of bubbles and possibly draw parallels to the cryptocurrency hype.
The Hour Between Dog and Wolf Risk Taking, Gut Feelings and the Biology of Boom and Bust door John Coates (2012)
This book paints a picture about how many of the decisions in our lives are not made consciously at all. It explains the battle between body and mind and leaves insight on how we assess reward and risk. What drives us to make irrational decisions or what keeps us in the zone while trading? With simple tips & tricks, the book gives us tools to improve our trading habits and psychology.
Sway: The Irresistible Pull of Irrational Behavior by Ori Brafman and Rom Brafman (2008)
This smoothly written book covers topics about the ways we make choices. What seems like a reasonable thing to do can feel in retrospect as completely wrong or even stupid. What “psychological” reasons often lead us to this point are described in this book.