BOOK REVIEW FX
TRADING CRYPTOCURRENCIES A BEGINNER’S GUIDE
Bitcoin – Ethereum – Litecoin Bitcoin is going wild, with a
valuation that has gone from zero to higher than $16,000 in just four years. Altcoins are springing up like mushrooms; some will thrive and others will fade away. Blockchain is the new buzzword that everyone is excited about. It’s the dotcom bubble all over again, and if you can trade it and not blow your account up you can make a killing. But cryptocurrencies are not the same as equities or bonds. They are their own ecosystem and they obey new rules that no-one fully understands. This means there is big risk in trading them – but also
ABOUT THE AUTHOR
Clem Chambers is a freelance journalist covering global finance, economics and investing. He is CEO of ADVFN – a global
the chance of a big reward. This book tells you what you need to know about cryptocurrencies – what they are, how they work, and how you can make money from them.
Clem Chambers explains how Bitcoin exchanges and trading sites work and walks you through your first purchase of Bitcoins. He talks about trading different
cryptocurrencies, market
making, and the fundamentals of selecting a good coin to buy. He also covers mining Cryptocoins, and for those that are interested in the technical aspect of cryptocurrencies and the blockchain he delves into the details behind them.
“Trading Cryptocurrencies A
Beginners’ Guide” opens with six golden rules:
stocks and
shares information website -, author of the Amazon No.1 Bestseller 101 Ways to Pick Stock Market Winners and a Forbes and IET of
(Institute Engineering and Technology)
columnist. He has been nominated for PPA business columnist of the year 2016 and 2017 for his writing in the latter. In June 2017 he won silver in the Tabbie Awards for his Money and Markets column in E&T Magazine. Clem has written a number of books for ADVFN Books. His latest book: Trading Cryptocurrencies: A Beginner’s Guide - Bitcoin, Ethereum, Litecoin was published in November 2017.
• Rule 1: Any fool can make money buying in a bull market • Rule 2: All you have to know is
which way the market is
going • Rule 3: Don’t confuse your brains with a bull market • Rule 4: Trees don’t grow to the sky. Things don’t go up forever • Rule 5: Up like a rocket, down like a rock • Rule 6: Risk = reward.
Once you will have learnt how to get started you will be guided through:
by Clem Chambers
• Investing in Cryptocurrency • Trading Cryptocurrency • Advanced Investing • Diversification
• Mining Cryptocurrencies • Technical aspects
The objective is to help readers exploit
cryptocurrencies to
make money whether you are an investor, a trader or a miner. It suggests tools for each and leaves the reader to make his or her own decision as to the value of playing.
If you are interested in joining this exciting new
investing and trading, this book will be an invaluable guide.
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FX TRADER MAGAZINE January - March 2018 65
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