Gathering information on cryptocurrency can be really easy and yet complicated at the exact same time. Trading cryptocurrency has become so huge over the past decade that there are many, many sources of information from all different types of platforms such as television, the internet, podcasts, and of course, books as well. You may be a more visual learner that prefers watching a Youtuber talk about how you can trade bitcoin for hours at a time.
However, if you're someone that prefers to read you won't have much trouble finding material based on cryptocurrency even if sometimes it feels like something that is brand new. While cryptocurrency is not exactly old there still has been plenty of information released the old-fashioned way, on paper. Of course, while this form of currency hasn't been around for hundreds of years it has become so large that it has become part of many people's lives, and an important part of economic activity nowadays.
Not only is the specific field of cryptocurrency important, however, the entire fields of economics and investing are also important, and for that, it will be to your advantage to have a lot of literature at hand on these subjects so that it will be easier for you to learn. Books and textbooks will help you if you are trying to learn on your own or if you happen to take a cryptocurrency course. At the end of the day, there are many positives and few negatives for choosing books based on cryptocurrency if you're desperate to find out more on the subject.
In this guide, we'll lay out the positives and negatives of using books to learn about cryptocurrency as well as how to use other methods to improve your crypto trading knowledge and perhaps become a future trader.
Why Learn Cryptocurrency from Books?
So with all of the information available through easy to learn from resources, such as videos and podcasts where you can learn while you're doing other things like running or relaxing on the sofa, you might be wondering why you should invest in cryptocurrency literature.
While videos can be extremely helpful in learning a new subject whether it be in school, a course, or on your own, books are still a great option even if the option is pretty old school. So what positives do reading cryptocurrency books have over watching videos or working only with a private tutor without any materials of your own?
Books offer you a few advantages when it comes to info sticking in your head faster and better such as:
- Books are considered more accurate
- Books are considered more objective than videos
- Less strain on your eyes
- Read opinions from various experts
Books are Accurate
Books can be considered as giving more accurate information in the sense that the author has had time to convey his thoughts. While you may not necessarily agree with their opinion you can understand what they are trying to convey and you can form your own opinions based on their perceptions.
If a writer is writing in fact it is also much easier for the reader to understand everything that the writer is saying in a clear way. Videos and podcasts and streams are really entertaining, and some streamers and video creators are really clear and good, however sometimes with a video, you can't focus as well as with a book.
Healthier for Your Eyes
Watching streams and Youtube videos are really popular nowadays and can be really entertaining to watch it can be really stressful for your eyes to watch hours worth of videos daily. Videos can communicate information to you much faster, however, it isn't necessarily good to watch many hours of videos a day.
Books are More Objective
While books can be fairly biased as well as we've seen from former politicians and political analysts in the past, they aren't as easily placed in the propaganda category that videos can be. Youtube videos can be put online by just about anyone. Whoever wants to put their opinion of cryptocurrency and economics and turn on their camera and place a video on Youtube.
While this comes with a lot of positives, there are people who don't know what they are talking about and end up giving a lot of people useless information or crazy ideas. With books, it can be a bit harder to do that. There are (in)famous examples of books spreading propaganda in the past, however with books written on cryptocurrency it is a bit harder to create a book that will give you problematic information compared to videos on Youtube.
While reading isn't as modern as youtube videos and online resources with books you can get objective information that you can use and create your own opinions based on what you read in these books. If you decide to take a class on cryptocurrency, books can also help you to study and master the cryptocurrency material that you'll be taking throughout your course.
Of course, videos aren't all bad there are plenty of reputable streamers and Youtubers that can help you, the same way a book can.
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The Best Cryptocurrency Books that You Can Buy
Cryptocurrency is definitely a concept that takes a while to grasp. With books it can be easier, however, to grasp the subject, you should know what the best books to buy are. To begin to learn, or keep learning about cryptocurrency is to learn about Bitcoin. While most books will go into cryptocurrency in general, Bitcoin is something that has to be examined.
However we can promise you the books on this list will help you to understand the concept of cryptocurrency, Bitcoin or no Bitcoin.
The Age of Cryptocurrency by Paul Vigna
The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic Order, is a book written to explain what exactly is cryptocurrency as well as the future outlook for the currency and our global economy. If you are interested in becoming a trader and investor of cryptocurrencies then this book is perfect for you.
Paul Vigna and Michael J. Casey who are Wall Street journalists, talk about how cryptocurrency will revolutionize the global economy and become the way to trade money on a global scale. They explain how even though Bitcoin has a bad reputation with quite a few people as it is unpredictable amongst having other issues, it is here to stay in the long run, and it is best that none of us ignore how important it will be in the future.
Digital Cash by Finn Brunton
Another book that details what exactly cryptocurrency is, Digital Cash explains how cryptocurrency actually had its roots created during the 1970s. Brunton explains how in the past people who created imaginary money that was a utopian idea decades ago laid the groundwork for what would become the cryptocurrency that we know and use today.
The book explains how cryptocurrency came about, and of course how we can use cryptocurrencies as well as a future using this type of money and how important digital objects will become in the future.
Paid by Bill Maurer
Of course, learning about cryptocurrency is probably your main objective. However, let's not forget that aside from learning about the past, present, and future of Bitcoin and other cyber money, you should also become really familiar with commerce and trade as a whole.
If you don't have much prior knowledge regarding the economy and commerce, Paid by Bill Maurer, can help you to see where we have come from, from an economic standpoint, to where we were are going, which is where the cryptocurrency market comes into play. If you need a refresher on economics and trade as well as the future of cryptocurrency, Paid is an excellent book to read.
The Basics of Bitcoin and Blockchain by Antony Lewis
While the other books on this list are more about the economic and commercial side of Bitcoin and cryptocurrency, the Basics of Bitcoin and Blockchain focuses more on the technological side of blockchain technology. While you may not be interested in technology and want to get into trading, understanding how technology works are quite important as well.
You may not be a computer nerd, but if you want to understand where cryptocurrency is headed it will be best to read some material on the technological side of cryptocurrency.
What Can You Use Besides Books to Learn About Cryptocurrency
Books are a fantastic way to learn, of course, you can also use videos and take classes on cryptocurrency. Also, don't forget working with a personal tutor is a very helpful way of learning about cryptocurrency. Superprof has many teachers available that can meet you in person or online to help you discuss and study cryptocurrencies.
Using a platform like Superprof can help you get extra help while studying Bitcoin and other forms of cryptocurrencies.
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