The Crypto Trader – How anyone can make money trading Bitcoin & other cryptocurrencies, by Glen Goodman, is a book that any trader should read: beginners will find it extremely useful, experienced traders will deal with a different point of view. This is a review written by a real reader!
The Crypto Trader – A Crypto Trading Book
First of all, let’s start with the author.
Glen Goodman was a TV news reporter who used to trade to earn extra cash. He developed his skills and maintained his job until his first great move: he turned £3,000 into £100,000 by foreseeing the 2008 financial crash.
I want to be honest with you: when I bought this book I did it because I had bought a few coins two years earlier, but I knew nothing about cryptocurrencies – I was just curious. I thought that it was useless to leave there those coins, so I decided to buy my first book to try to educate myself and try to do something with those stupid coins.
I can’t tell why I chose The Crypto Trader among all books available on Amazon. But my gut was right.
Before reading The Crypto Trader, I was a person who thought that those $40 spent 2 years earlier were just a stupid choice.
Before finishing the book, I had a 154% profit on my trades.
In one of the chapters of the book, Glen tells us how he lost £12,000, and what he learnt from that experience.
One day, I was about to lose $0.23 and I was desperate. And you know why? Because The Crypto Trader taught me that it is extremely logical the method to make money trading, so logical that I felt extremely stupid for being able to lose money. But at the end of the day I didn’t lose it, so I am fine.
The Crypto Trader – Learn to Trade Crypto
Just a clarification: crypto is NOT synonym of scam.
I used to think that. I guess that one of the reason was that I always associated crypto with those scammers that leave comments on our social media posts.
But I was wrong.
In January 2009 an anonymous coder calling himself ‘Satoshi Nakamoto’ created the world’s first Bitcoin. Embedded in the computer code he wrote was the title of an article from The Times of London:
“The Times 03/Jan/2009
Chancellor on brink of second bailout for banks”
This was a nod to Satoshi’s mission statement. He was declaring war on traditional currency.
(The Crypto Trader – Glen Goodman, p. 34)
And it is not a case that this declaration came right after the financial crisis.
This is the sense of cryptos, the world behind these digital assets.
One of the reasons why you should read Glen Goodman’s The Crypto Trader is to learn more about this revolution. Because you are living this revolution.
Glen Goodman makes it very clear.
After reading The Crypto Trader, I asked myself how can we talk about economics and finance without considering this still little world.
Learning to trade cryptos means that you learn a new way to become financially free, but you won’t be bounded by banks, governments and so on.
The last XRP crash made it very clear that also cryptos are influenced by external factors, but it was an ecception. Cryptos have to do with what people want more than stocks: people who know cryptos understand very well that to earn, spend or save money we don’t need an intermediary who takes a lot of our money with fees. And we don’t need to participate in financial crisis.
The Crypto Trader – Trade the Trend: What does it mean?
And this is the logical method. Follow it, and you won’t lose money.
Glen Goodman teaches us another couple of tricks and techniques, but this is the most important lesson: don’t let your emotions govern you. Enter a trade only when you are sure of what’s happening.
Trading the trend is a good method to never lose money with cryptos – or with any other kind of assets.
Basically, it consists in buying when a positive trend is established and selling when there is an established reversal. You take the profit and you move on.
Glen Goodman will tell you how to apply this technique. And the point is that every technical analysis has to do with people.
In my opinion, the beauty of this book is that the author takes into account the psychology behind every price movement.
But The Crypto Trader doesn’t provide you only with this info: Glen Goodman, with his irony and his wonderful ability to explain very complex things easily, will teach you the language of cryptos and will share all his techniques with you.
The Crypto Trader – Review and Final Thoughts
I think it is pretty clear that I’m in love with this book.
This is not only because he gave me a lot of knowledge, but also because of the practical benefits: I applied the knowledge, and I am making real money.
I think that every thing that gives you the real opportunity to change your life and to overcome financial problems is worth your time and your money – in this case, it is even better because you can repay your investment very soon, as I did.
And don’t think it will be a boring reading: you will laugh, sometimes maybe cry, and you will learn very useful stuff without even realizing that you are giving yourself a real opportunity.
I will share with you the link to buy the book: if you buy and read it, don’t forget to get back to this article, to tell me if I gave you a good tip 🙂
Cex.io – Top Free Cryptocurrency Trading Platform
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