Can you recommend any books or resources for learning about technical analysis in cryptocurrency trading?
» Investment and Trading- For beginners, "Technical Analysis of the Financial Markets" by John J. Murphy provides a solid foundation in technical analysis applicable to cryptocurrency trading.
- "Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond" by Chris Burniske and Jack Tatar offers insights on analyzing and investing in digital currencies.
- TradingView is a powerful charting tool and social platform for traders to share insights and strategies specific to cryptocurrency markets.
Yo, so I've been tryna get the hang of crypto trading and it's been a wild ride, right? Now, I'm digging into this whole technical analysis thing cuz I wanna get all the dope moves down for spotting them patterns and trends. Anyone got the hook-up on some solid books, websites, or anything really where I can learn the legit stuff about this? Looking for things that ain't just for the noobs but not crazy expert-level either – just some good gear to get me on track. Cheers!
Sure thing! A real game-changer for me was "Technical Analysis of the Financial Markets" by John J. Murphy. It's like the bible of technical analysis with solid info that applies to crypto too. Also, "Cryptoassets" by Chris Burniske and Jack Tatar can give you a good deep dive into how to analyze various cryptos. For hands-on practice, TradingView is a stellar platform where you can apply what you're learning in real-time with a ton of tools and community insights. Dive into those and happy trading!
Have you explored any online courses? There are platforms like Udemy and Coursera that often have detailed courses tailored to crypto technical analysis. These can be interactive and up-to-date with current market trends. Also, have you checked out any communities like r/CryptoCurrency or the CryptoCompare forums where you can bounce ideas off fellow traders and possibly get insights into practical strategies they use?
Absolutely, I get where you're coming from, seeking more resources. It might be worth keeping an eye on dedicated cryptocurrency trading blogs and websites, as many offer in-depth tutorials and articles tailored for various levels of traders. Podcasts and YouTube channels dedicated to cryptocurrency trading can also be goldmines for tips and strategies - the visual and auditory content could really help to make complex concepts more digestible. And let's not overlook the value of following some of the prominent crypto traders on social media for real-time analysis and tips. They often share invaluable insights from their personal experiences which you won't find in textbooks.
Also, consider checking out the “Encyclopedia of Chart Patterns” by Thomas Bulkowski. It’s comprehensive and gives a detailed look at various chart patterns, which can be directly applied to your crypto trading strategies. Plus, webinars and virtual conferences on cryptocurrency can provide fresh perspectives and networking opportunities with other traders.
- How can cryptocurrencies change the way we do everyday transactions? 8
- How can cryptocurrencies be used to improve transparency and accountability in supply chains? 3
- How do futures contracts work in the cryptocurrency market? 4
- Are there any specific technical skills required to be successful in cryptocurrency trading? 3
- How does sharding work in Ethereum 2.0? 9
- What are the risks and rewards of investing in initial coin offerings (ICOs)? 5
- Why have you chosen this amount? 7
- How is blockchain technology revolutionizing insurance underwriting and claims processes? 8
- How can I use trendlines to identify potential trading opportunities in the cryptocurrency market? 5
- How do you calculate your crypto tax and track your transactions? 7
- How do the privacy features of Monero differ from other cryptocurrencies? 4045
- Can you recommend any trading bots or automated tools for cryptocurrency trading? 3079
- How does a 51% attack on a blockchain network work? 2609
- What's the role of Gas in the Ethereum network? 2039
- How can one identify and avoid crypto scams and Ponzi schemes? 1310
- How can cryptocurrencies be used to empower individuals in unbanked or underbanked regions? 1143
- What's the significance of Bitcoin's 21 million coin limit? 909
- Can you recommend any wallets or exchanges that offer enhanced privacy features like coin mixing or stealth addresses? 852
- What are the legal implications of holding cryptocurrencies in country X? 849
- What are some legal strategies to minimize taxes on crypto investments? 847
We have compared the best crypto exchanges for you. Just take a look at our free crypto exchange provider comparison.
We have compared the leading crypto tax tool providers for you. Check out our free crypto tax tool provider comparison.
The Best Bitcoin Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
Blog Posts | Current
ICO vs IPO: Which is the Better Investment?
Introduction: Understanding ICO and IPO Before delving into the difference between ICO and IPO, it's crucial to understand what these terms...
Blockchain's Potential Beyond Cryptocurrency
Introduction: Blockchain's Potential Beyond Cryptocurrency When we hear the term "blockchain," most of us instinctively think of cryptocurrencies like Bitcoin and...
The Role of Cryptocurrencies in Venture Capital: A New Frontier
Introduction - Understanding Cryptocurrencies and Venture Capital As technology evolves, so does our understanding of what makes a valuable asset. The...
Blockchain's Influence on the Automotive Industry
Introduction: Unveiling the Power of Blockchain Blockchain technology is boldly advancing into a variety of industries, utterly transforming our occasional transactions...
Investment Tips for the Budding Crypto Millionaire
Introduction: An Insight into Crypto Investment If you're venturing into the promising world of cryptocurrencies, a solid investment strategy can be...
Bitcoin's Rise and Fall: Historical Analysis
Introduction: Bitcoin's Dynamic Journey Bitcoin, the world's first and most recognized digital currency, is often the subject of dramatic headlines, featuring...
Mastering Technical Analysis for Bitcoin Trading
Introduction to Technical Analysis for Bitcoin Trading Trading in the cryptocurrency world, particularly Bitcoin, requires careful decision-making and strategic planning. One...
Understanding ICOs: Risks, Rewards, and Regulations
Introduction to ICOs Initial Coin Offerings, often shortened to ICOs, are an increasingly popular method of fundraising for new projects in...
Top 10 ICOs to Watch in 2023
Collateral Network (COLT) Collateral Network (COLT) is a next-generation decentralized lending platform that leverages blockchain technology to facilitate secure and efficient...
How to Build a Diversified Crypto Portfolio: A Step-By-Step Guide
Introduction: The Importance of Diversification Investing in cryptocurrencies can be both exciting and rewarding. However, it's crucial to remember that the...