Cryptocurrencies and blockchain are complex, even for those who have some experience investing. There is always something new to learn, so reading books to keep up with the trends and news is essential. Surely, it’s not enough just to read any book related to cryptocurrencies; you need to find the right ones to add to your library.
The knowledge from these books can help you make informed decisions and empower your knowledge of cryptocurrencies. Whether you decide to invest here, there, or anywhere, you must also know why you did that. The insights from the crypto books help develop investment strategies and exchange plans. Also, it enhances your critical thinking, helping you come up with your own investment strategies.
The real question is: What books to read? And we have some answers:
1. The Internet of Money by Andreas M. Antonopoulos
This book explores the potential of blockchain technology to revolutionize the way we think about money and value. It’s not about how to invest in Bitcoin or how to use cryptocurrencies. Instead, the author focuses on the “whys” in the crypto world. He, who is a British-Greek entrepreneur and crypto expert, challenges the readers to change the way they think about money and embrace the future that cryptocurrencies bring to finance.
2. The Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond by Chris Burniske and Jack Tatar
This book is like the basic math at school. You can’t consider yourself an investor if you haven’t read it. It was first published in 2017, so the authors could explain the concept of blockchain and its potential to capitalize the great investments. This book is a great resource for investors who want to understand the fundamentals of cryptocurrencies and the underlying technology, blockchain.
3. Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money by Nathaniel Popper
This one is a fascinating read as you learn more about what happens behind the curtains. Popper tries to bring the cryptocurrencies closer to the people. Book was initially published in 2015, and the author had a hard job explaining the rise of Bitcoin and the whole concept of crypto money in the digital age. It dives into the world of the people who created Bitcoin and explores the social movement it has become.
4. The Crypto Portfolio: a Commonsense Approach to Cryptocurrency Investing by Jonathan Hobbs
This book embraces the different opinions people have on cryptocurrencies. Some see them as a way to earn money, while others think it’s a bubble that will pop anytime soon. This book provides a detailed analysis of different digital currencies, blockchain technology, and the potential risks and rewards associated with cryptocurrency investing, too. It’s worth having it in your home library, so remember the title and read it as soon as possible.
5. Cryptocurrency Investing for Dummies by Kiana Danial
All these “for dummies” editions make it easy for the reader to understand specific complex concepts. It’s great for beginners but also for investors with some experience behind them who still have a hard time understanding specific aspects of this huge market. It covers everything from the different types of cryptocurrencies to how to store them securely, the withdrawal options, and all the ways this money can be used.
6. Mastering Bitcoin: Programming the Open Blockchain by Andreas M. Antonopoulos
Another book by Antonopoulos, but now he covers the technical aspects of Bitcoin and blockchain. It’s a must for experienced investors who want to advance in the crypto market. If you want to understand how Bitcoin really works and what makes its existence possible, this book can change the way you look at this popular market. And surely, Antonopoulos knows how to spread his knowledge and keep the reader entertained, even when dealing with such a serious matter.
7. Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business and the World by Don Tapscott and Alex Tapscott
This is a 2016 book that changes the way we see money. It argues that blockchain, while being the tech behind Bitcoin, has far wider applications. The authors share their unique view that blockchain transforms and will continue transforming the finance systems and banking, fighting against corruption. This book is ideal for those in economics, seeking alternatives to banks, or curious about building trust online.
8. The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
The book follows the evolution of Bitcoin, from its early forms, to today’s popularity. The author has a bold opinion that Bitcoin’s unique features make it a superior, government-proof alternative to traditional currencies. Even though the book is from 2108, it’s still relevant today, as Bitcoin indeed creates a new era of economic growth. This book is ideal for those interested in money’s history, economics, or the future of finance.
9. The Promise of Bitcoin: The Future of Money and How It Can Work for You by Bobby C. Lee
This is a relatively new book – from 2021. It covers the financial revolution Bitcoin caused back in 2009. According to the author, the new currency promised a more trustworthy finance alternative. Also, he understands how it works, and shares everything with the readers, especially investors who want to know more about the crypto market.
10. Crypto Wars: Faked Deaths, Missing Billions, and Industry Disruption by Erica Stanford
We complete this list with something different. The author enlightens the biggest scandals in the crypto world, especially the scams, missing people, and some person who faked their death. Each industry has some dark and dirty secrets, and cryptocurrencies aren’t an exception. So, this read is a must! We encourage you to read it carefully but not to be afraid of the things described there. Consider it a way to become part of the story but to stay safe in the process.
Conclusion
While all these books give enough context to the crypto market, they’re also great about knowing how to protect yourself when actively trading and exchanging. Considering the common scams, as well as the core concepts, the mentioned authors bring the crypto market closer to us, encouraging not to be afraid to take the first step.